Business News Northeast - Latest Business Northeast News & Updates

17 Oct

TCS sacks 16 employees, six vendors barred

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, India

India's largest IT services firm TCS on Sunday said it has sacked 16 employees and banned six vendors in connection with a "recruitment scam"."Our investigation involved 19 employees… 16 employees have been separated from the company for code of conduct violations, and three employees have been removed from the resource management function," the company said in a statement in the evening. It also added that the six vendors, their owners and associates have been "banned" from doing any business with TCS.In late June, reports surfaced of a "recruitment scandal" at the largest software exporter, where vendors tasked with some of…

17 Oct

Rajnigandha has launched a campaign keeping art and cricket at its core

Business Bureau0 CommentsBusiness

Rajnigandha has launched a campaign called #rajnigandhamasterstroke, which celebrates cricket while democratizing art. Mindshare collaborates with Rajnigandha to develop the campaign. The initiative aims to connect Rajnigandha's values with the spirit of cricket by encouraging fans to express their support using Artificial Intelligence. The campaign features a captivating promo, encouraging fans to share their cricket-themed masterpieces on social media platforms like Instagram and Facebook using the hashtag #rajnigandhamasterstroke and tagging @rajnigandha_pm. This fosters a sense of community and unity among art and cricket enthusiasts, amplifying the collective voice cheering the Indian Team. To enhance engagement and motivation, Rajnigandha has curated…

16 Oct

Robotic surgeries is on the rise

Business Bureau0 CommentsBusiness

The healthcare sector has seen many developments and innovations in the digital healthcare space worldwide. Assistive robotic technology for surgeries has become a disruptive innovation in the 21st century, driven by improved patient outcomes and the enthusiasm of Indian robotic surgeons. Robotic surgeries involve surgeons using hand movements to guide the robot, offering magnified vision, multiple arms, and tiny incisions. Benefits include better outcomes, high precision, no blood transfusion need, fast recovery, and lower pain levels. The growing community of passionate Indian robotic surgeons is also driving this adoption. Currently, robotic equipment costs are higher than routine surgeries, but it…

16 Oct

NMBA’s Diverse Offerings and Artistic Displays at the Sharodotsav

Business Bureau0 CommentsBusiness

The Navi Mumbai Bengali Association (NMBA) in Vashi, Maharashtra, is set to host a five-day cultural extravaganza from October 20th to 24th, 2023, coinciding with the Sharodotsav (Durga Puja and Dassehra) celebrations. Located at the CIDCO Exhibition Centre in Vashi, this event, marking its 44th year, anticipates over 500,000 devotees in attendance. NMBA's grand celebration will feature spirituality and festival fervor, with Bengali artisans, craftsmen from across India, and celebrity artists from Kolkata and Bollywood offering their creations. The event also includes a three-day free Bhog distribution for all visitors. The festivities will reflect the rich cultural heritage, religious harmony,…

16 Oct

Quantum AMC Introduces Quantum Small Cap Fund

Business Bureau0 CommentsBusiness

Quantum AMC announced the launch of a new fund offer (NFO) with Quantum Small Cap Fund. It opens for subscription on Monday, October 16 and closes on Friday, October 27, 2023. It is an open-ended equity scheme predominantly investing in Small CapStocks. It will be co-managed by Chirag Mehta – Chief Investment Officer and Abhilasha Satale. The scheme aims to generate capital appreciation by investing in Small Cap Stocks, benchmarked against the S&P BSE 250 Small Cap total return index. The fund managers will allocate 65%-100% to equity and equity-related instruments of Small Cap Companies. The investment philosophy includes disciplined…

16 Oct

ICICI Bank announce the launch of ‘iFinance’

Business Bureau0 CommentsBusiness

ICICI Bank has launched 'iFinance', allowing customers to consolidate their savings and current accounts in one place. This facility is available to both retail and sole proprietors, and can be accessed by customers of other banks through the Account Aggregator ecosystem on the bank's digital platforms, including iMobile Pay app, Retail Internet Banking, and InstaBIZ mobile app. ‘iFinance’ provides a single-view dashboard of all accounts. Users can check account balances, get valuable insights on spending patterns, download statements and more. The dashboard offers significant convenience to users and assists them to exercise better control over expenses and monitor their finances…

16 Oct

Mamang Dai got recognized as the Poet Laureate for Literature in the Mumbai Litfest 2023

Business Bureau0 CommentsBusiness

Mamang Dai, a celebrated poet from Arunachal Pradesh, will be the Poet Laureate of the 14th Tata Literature Live. Her poetry, influenced by her Adi tribe's oral tradition and the natural landscape, is gentle, melodious, and poignant. Dai's works, including River Poems, The Balm of Time, Midsummer Survival Lyrics, and Hambreelmai's Loom, reflect the rhythms of her Adi tribe and the natural landscape. Despite acknowledging political realities and unease, her poetry is always filled with hope and love. Mamang Dai's poetry, encompassing all aspects of life in the Northeast, is not harsh or opaque. It is a gift to students…

16 Oct

InsuranceDekho raises $60 million in Series B funding

Business Bureau0 CommentsBusiness

InsuranceDekho, India's leading Insurtech player, has raised $60 million in its ongoing Series B funding round, marking a significant milestone for the company. With this latest capital infusion, a mix of equity and debt, the company has attracted new marquee investors to its cap table while reaffirming the confidence of existing investors. This is the second fundraise for the Gurugram-based startup in 2023, taking its total fundraise to $200M+, further solidifying its position as the leading Indian Insurtech. Japanese giant Mitsubishi UFJ Financial Group, Inc. (“MUFG”), BNP Paribas Cardif, Eurazeo's Insurtech fund, Beams Fintech Fund, and Yogesh Mahansaria Family Office…

16 Oct

Reliance Jewels has unveiled the SwarnBanga Jewellery collection

Business Bureau0 CommentsBusiness

Reliance Jewels has launched SwarnBanga, a collection inspired by Bengal's poetic beauty and artistic heritage. The collection showcases Bengal's artistic heritage, incorporating elements like terracotta temples, Shanti Niketan, and DurgaPujo. It features chokers, necklaces, earrings, and bangles, showcasing Bengal's soul and weaving its culture into timeless jewellery, showcasing the vibrant fervour of the region. This marks the 8th in a series of thematic jewellery collections launched by Reliance Jewels, which have transformed jewellery into works of art reflecting India's dynamic history. Bollywood star Karisma Kapoor unveiled the collection during a grand star-studded evening, showcasing the collection as an expression of…

16 Oct

Bajaj Allianz General Insurance launches a new office in Bongaigaon

Business Bureau0 CommentsBusiness

Bajaj Allianz General Insurance, one of the leading private general insurers in India, has announced the inauguration of its new office in Bongaigaon, Assam. This strategic expansion aims to boost insurance penetration across tier 2 and tier 3 cities in India which is significant in increasing insurance penetration in the country and providing financial stability to our citizens. India's rapidly evolving economy is bringing increased risk and uncertainties. Bajaj Allianz aims to bring innovative products and solutions to Bongaigaon, offering a wide range of services backed by technology. The new office will serve as a strategic hub for Bajaj Allianz…