Business News Northeast - Latest Business Northeast News & Updates

05 Jan

India to Import 10,000 MW of Hydroelectricity from Nepal over 10 Years

Business CorrespondentBusiness

A trade agreement signed between Nepal and India on Thursday for Kathmandu to export 10,000 megawatts (MW) of hydroelectricity to India over the next 10 years, officials said, in a deal they expect will draw investment to the cash-strapped Himalayan nation. Nepal's rivers, cascading from the Himalayas, have the capacity to generate about 42,000 MW of electricity, but due to the lack of technical know-how and funds the country, wedged between China and India, produces less than 3,000 MW at present. "This is a milestone for the attraction of investment for the development of our hydrosector," Suresh Bahadur Bhattarai, a…

05 Jan

Hero MotoCorp Gurugram awarded the CII National Award for Excellence in Water Management

Business BureauBusiness

The state-of-the-art manufacturing facility of Hero MotoCorp, situated in Gurugram in Haryana, has been conferred with the CII National Award for Excellence in Water Management, and rated as the ‘Winner’ in the ‘Within the Fence’ category. This is recognition of the Company’s innovation and excellence in water management and the positive outcome of the water management initiatives at its Gurugram facility. Hero MotoCorp, the world's largest motorcycle and scooter manufacturer, is on track to achieve its 500% water positive target by 2025. The company is saving nearly 3.8 million kiloliters of water annually and is focusing on water stewardship by…

05 Jan

Kaushal Rath Empowering Odisha’s Youth

Business BureauBusiness

Union Minister of Skill Development and Entrepreneurship, Shri Dharmendra Pradhan launched the "Kaushal Rath", a bus providing skills on wheels. It aims to develop the potential of the younger generation in building 'Viksit Bharat' by 2047. The specialized mobile buses are designed to provide skill training and certification to aspiring candidates across Odisha. Equipped with state-of-the-art tools, facilities, and certified trainers, these buses will offer training and certification across course modules including Digital Literacy, Financial Literacy, Retail & Entrepreneurial Skills, among others. The Kaushal Rath will traverse multiple districts in Orissa, fostering connections with the youth by providing employment and…

05 Jan

KMBL name Anupam Kaura as the Chief Human Resources Officer

Business BureauBusiness

Kotak Mahindra Bank Limited (KMBL) announced the appointment of Anupam Kaura as Chief Human Resources Officer (CHRO) to spearhead organizational transformation, in the journey of ‘accelerating change’at Kotak. Anupam joins Kotak from CRISIL Ltd, London, UK where as Global Chief Human Resources Officer (CHRO) and overseeing Corporate Administration was responsible for various crucial aspects such as Talent Strategy, Performance and Rewards, Learning and Development (L&D), Culture Transformation, and overall organizational transformation efforts. In the past year, Kotak has made global hires for key business priorities such as technology, customer experience and product. Anupam has over 25 years of experience in…

05 Jan

Narayana Murthy regrets not letting Sudha Murty join Infosys

Priyanka BhowmickBusiness, IndiaBusiness, India

Infosys co-founder Narayana Murthy says he now regrets the decision to keep his family out of the company. Murthy, who co-founded Infosys in 1981 with a loan of Rs 10,000 from his wife Sudha Murty, never allowed her to join the firm even though he believed her to be more qualified than the other co-founders. "I had this feeling that good corporate governance means not bringing the family into it," he said when asked by CNBC-TV18's Shereen Bhan why he didn't let his wife, who gave him seed money, join Infosys. "Because in those days, it was just family-owned, all…

04 Jan

‘I was wrongly idealistic’: Narayana Murthy regrets not letting wife Sudha join Infosys

Business CorrespondentBusiness

N.R. Narayana Murthy, co-founder of Infosys recently revealed about his "big regret". As per the reports of CNBCTV18 , Murthy said that he is regretting on not allowing his wife Sudha Murty entered the company despite her supportive help which hinted him to start the company with a seed capital of Rs 10,000 and asking him to keep an eye on export markets. He also said that Sudha Murthy was more qualified than all seven co-founders of Infosys. Briefing the reasons for not asking his wife to join the company, Murthy said that he was holding on a concept that…

04 Jan

Bajaj Finance launches Digital Fixed Deposit offering up to 8.85 percentinterest rates

Business BureauBusiness

Bajaj Finance Ltd., a key player in India's financial services sector, has introduced a Digital Fixed Deposit (FD) program, elevating the New Year excitement with exclusive interest rates of up to 8.85%. This offering is available for deposits booked through the Bajaj Finserv App and Website, aiming to drive a digital-first approach among depositors. The Digital FD experience promises a seamless and secure journey, enabling near-instant FD booking through the user-friendly Bajaj Finserv App and website. Starting January 2, 2024, senior citizens can enjoy an attractive rate of 8.85% per annum for a 42-month tenure, while those below 60 years…

04 Jan

Tata Motors delivers 100 electric buses to improve Guwahati Public Transport

Business BureauBusiness

Tata Motors, India’s largest commercial vehicle manufacturer, announced that it has supplied 100 electric buses to Assam State Transport Corporation (ASTC). The 9-metre, air-conditioned Tata Ultra electric buses that will ply on the roads of Guwahati are designed to provide a safe, comfortable and convenient intra-city commute. The Hon'ble Chief Minister of Assam, Dr. Himanta Biswa Sarma, launched zero-emission buses on 1 January 2024, built on next-gen architecture and powered by advanced battery systems. Tata Motors has supplied over 1,500 electric buses across India, covering over 10 crore kilometers with an uptime of over 95%. The Tata Ultra EV is…

04 Jan

Aditya Birla Health Insurance introduces ‘Activ One’

Business BureauBusiness

Aditya Birla Health Insurance Co. Limited (“ABHICL”), the health insurance arm of Aditya Birla Capital, India’s leading, well-diversified financial services provider, announced the launch of ‘Activ One,’ a simplified and comprehensive health insurance plan that empowers its policyholders with tailor-made solutions to meet not just their health insurance needs but also enables them to be the healthiest version of themselves. Activ One, ABHICL's most comprehensive product, offers industry-leading features like 100% HealthReturnsTM, Claim Protect, No Sub-Limits, Super Reload, and Super Credit, providing a one-stop solution for health assurance and insurance needs. Activ One is a policy by Aditya Birla Health…

04 Jan

Dr. Kartik Natarajan will be conducting consultations on various health issues

Business BureauBusiness

Dr. Kartik Natarajan, a general medicine and gastroenterology specialist at Apollo Hospital, will be conducting consultations on various health issues, including piles, constipation, colorectal cancer, anal lumps, rectal bleeding, anal pain, anal fistula, fatty liver, jaundice, oesophageal, reflux, gastric ulcers, peptic ulcers, pancreatitis, gall bladder stones, abdominal pain, and bowel problems. The consultation will take place on Friday, 5th January, 2024, at the Chennai Apollo Information Center, WeCare Diagnostic Center & polyclinic Amantran More, station Road, Duttapukur, North 24 Pgs, Pin- 743248. For appointment and registration please call: 8240203894 / 8910429123