Business News Northeast - Latest Business Northeast News & Updates

12 Dec

Infosys’s CFO Nilanjan Roy resigns

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, India

Infosys Chief Financial Officer Nilanjan Roy has resigned with effect from March 31, 2024. The IT services major has announced the appointment of Jayesh Sangharajka as the new CFO effective April 1. Roy's resignation comes at a time when Infosys and other tier-I IT services peers including Wipro, HCLTech and TCS are witnessing top-level exits. In a statement, Infosys said Roy, who was appointed to the role in 2018, decided to step down to pursue his personal aspirations outside of Infosys. In the last one and half years, former presidents Ravi Kumar S and Mohit Joshi resigned from the organization.…

11 Dec

The next level of laundry care: LG’s WashTower debuts in India

Business Correspondent0 CommentsBusiness

LG Electronics, India’s leading consumer durable brand, announced the official launch of the LG WashTower in the North East market at LG Best Shop Circuit City, Chandmari, Guwahati recently in presence of Mr. Arif Khan, Regional Business Head- WB+NE, Mr. Srimanta Khandual, Branch Manager Guwahati, Mr. Narendra Soni, Owner Circuit City and entire Sales and Marketing Team of LG Electronics. The WashTower is a testament to LG's commitment to redefining the way we do laundry, introducing a unibody design that seamlessly combines both hardware and software, promising to redefine the laundry experience for Indian households. Available in a compact size…

11 Dec

Vedantu embarks on a nationwide educational revolution with 30+ offline centers

Business Bureau0 CommentsBusiness

Vedantu, a pioneer in online EdTech, is set to redefine the educational landscape in India by launching over 30 Offline Centers. The expansion focuses on providing coaching for JEE, NEET, and Foundation courses, spanning cities such as Delhi, Patiala, Pune, Nagpur, and more.In a bid to bridge the gap between online and offline learning, Vedantu aims to make quality education accessible to students preparing for crucial exams. The Offline Centers, equipped with cutting-edge technology, promise an interactive and student-friendly environment. Vedantu’s tech-enabled classes, coupled with its Doubt App and Pedagogy app, ensure a comprehensive learning toolkit for students. MVSAT, Vedantu's…

11 Dec

UTI Flexi Cap Fund – A flexi-cap portfolio concentrating on business sustainability, creating wealth since 1992

Business Bureau0 CommentsBusiness

Setting realistic financial goals is crucial for successful investing. Understanding the risk associated with an investment option is essential for optimal long-term outcomes. Mutual fund options can be explored to meet short-term and long-term financial goals. One mutual fund product category for long-term wealth creation is flexi-cap funds, which invest at least 65% of total assets in equity assets of companies across different market capitalizations. UTI Mutual Fund, one of the oldest in this category, has a long-term track record of consistent performance and a corpus of over Rs. 25,503 crores. This offering is suitable for long-term investors seeking quality…

11 Dec

Seagram’s Royal Stag Barrel Select Large Short Films presents Select Films, Select Conversations to Kolkata

Business Bureau0 CommentsBusiness

A pioneer in the short film format in India, Seagram’s Royal Stag Barrel Select Large Short Films presents Select Films, Select Conversations. The celebrated short film platform has always recognized and fostered a creative environment encouraging brilliance in short format film making. Royal Stag Barrel Select Large Short Films, a platform that has won six Filmfare awards and Oscar qualifications, is India's largest and most credible destination for short films. The platform fosters a creative environment for artists in two unique formats, hosted by Mandira Bedi. 'Select Films, Select Conversations' travelled to Kolkata's The Saturday Club Limited on December 9,…

11 Dec

Tata Motors sign MoU with HDFC Bank for seamless digital financing solutions

Business Bureau0 CommentsBusiness

Tata Motors and HDFC Bank have signed a Memorandum of Understanding (MoU) to offer digital financing solutions for its commercial vehicle customers. This partnership enhances financial services accessibility for Tata Motors customers, allowing them to access HDFC Bank's vehicle financing solutions through Tata Motors' Online Sales Platform and the innovative Tata e-Guru mobile application. This integration will ensure a streamlined process, allowing customers to select their preferred financier. This strategic alliance extends to all commercial vehicles offered by Tata Motors, including buses, trucks and small commercial vehicles and pickups. Tata Motors remains dedicated to understanding and meeting the evolving needs…

11 Dec

NSE Emerge surpasses Rs. 1 lakh crore mark, SMEs exhibit robust growth

Business Bureau0 CommentsBusiness

The National Stock Exchange (NSE) witnesses a groundbreaking moment as the market capitalization of Small and Medium Enterprises (SMEs) listed on the NSE Emerge platform crosses the Rs. 1,00,000 Crore mark. Since its inception in 2012, NSE's SME platform has been a catalyst for the growth of 397 companies, raising over Rs. 7,800 Crores and contributing significantly to India's economic landscape.The Nifty SME EMERGE Index, boasting 166 companies from 19 sectors, has shown an impressive Compound Annual Growth Rate (CAGR) of 39.78% till November 2023, underscoring the resilience and growth potential of SMEs. Notably, 138 companies have successfully migrated to…

10 Dec

Ranbir Kapoor’s ‘Animal’ clocks biggest second Saturday collection of all time, surpasses Gadar 2, Jawan

Business Correspondent0 CommentsEntertainment, Business

Ranbir Kapoor starrer 'Animal' directed by Sandeep Reddy Vanga has become the biggest second-Saturday grosser of all time. The movie released on December 1, features Anil Kapoor, Bobby Deol, Rashmika Mandanna, Triptii Dimri, Suresh Oberoi and Prem Chopra. The action drama continued its powerful run at the box office on Saturday and earned Rs 32.47 crore. The film surpassed Gadar 2 and Jawan in terms of second Saturday collections. Gadar 2 had earned Rs 31.07 crore whereas Jawan was able to collect Rs 30.1 crore. Baahubali 2 - The Conclusion made Rs 26.5 crore on the second Saturday, as per…

10 Dec

Shah Rukh Khan, Akshay Kumar, Ajay Devgn issued notice in gutka ad case: Allahabad HC told

Business Correspondent0 CommentsBusiness, Entertainment

As per the reports, a petition has been filed in the Lucknow bench of the Allahabad High Court against the celebrities Shah Rukh Khan, Akshay Kumar and Ajay Devgn, who appear together in the tobacco Vimal's ad and they have been sent notices for the same. Deputy Solicitor General SB Pandey has informed the Lucknow bench of Allahabad Court that the Central Consumer Protection Authority (CCPA) has already issued notices to the responsibled actors and asked the court to dismiss the instant petition as the same case is also being heard by the Supreme Court. After hearing the submission, the…

10 Dec

Skechers inaugurates its new store at Siliguri City Centre mall, featuring Mouni Roy

Business Bureau0 CommentsBusiness

Skechers, a Comfort Technology Company, opened its new store at Siliguri City Centre mall, promoting fitness through the Siliguri Community Goal Challenge, a three-day event for local athletes and enthusiasts. Bollywood celebrity Mouni Roy joined participants in a 1,000-kilometer challenge, accomplish their determination to complete the challenge. Their initiatives contributed to the city's betterment through sportsmanship and social responsibility, fostering a sense of fellowship and shared accomplishment. Rahul Vira, CEO, Skechers Asia Pvt. Ltd., praised the event as a symbol of unity and perseverance, He said " As a token of our appreciation and to further support Siliguri, Skechers will…