Business News Northeast - Latest Business Northeast News & Updates

25 Nov

Daikin Commercialised its 3rd Integrated Manufacturing Facility at Sri City, Andhra Pradesh

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Daikin Air-conditioning India Pvt. Ltd., a subsidiary of Daikin Industries Ltd., Japan, has announced the commercialization of its integrated air-conditioning and compressor manufacturing facility in Sri City, Andhra Pradesh. The facility spread across 75.5 acres, is designed to cater to the increasing demand for state-of-the-art air conditioning products manufactured in India, both domestically and internationally. The plant is equipped with the latest technology and adheres to Daikin's high standards for quality and sustainability. The facility is designed to streamline production processes, ensuring timely delivery of Daikin's renowned products to customers across India and beyond. The company laid the foundation stone…

24 Nov

Chenab Valley Kishtwar Saffron gets GI Tag

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Saffron grown in Kishtwar region of J&K has got the Geographical Indication (GI) tag by the Geographical Indications Registry. The spice is grown in few parts of the Kishtwar region of Jammu, along with parts of Kashmir. The legendary and most expensive cultivation of saffron, widely known as Kumkum, is also a key cash crop in Jammu's isolated mountainous area of Kishtwar. Saffron cultivation is a cultural heritage which represents freshness and purity. Kishtwar's saffron production area is locally known as Mandal.

24 Nov

Coca-Cola India enters ready-to-drink tea beverages segment

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Coca-Cola India on November 22 (Wednesday) said it is entering into the ready-to-drink tea beverages segment with the launch of 'Honest Tea'. The company has collaborated with the organic green tea for the product which will be collected from Darjeeling-based Luxmi Tea Co Private Ltd's Makaibari Tea Estate, company officials said. The idea behind the launch was to offer consumers with a wider range of beverage options, a senior official of Coca-Cola India & Southwest Asia said. The bottled iced green tea will come in two flavours Lemon-Tulsi and Mango, he added.

24 Nov

Kolkata Heart Lung Center & Heartnet have partnered to improve cardiac care in West Bengal and Eastern India

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Kolkata Heart Lung Center (KHLC) and Heartnet India have partnered to improve cardiac care in West Bengal and Eastern India. The partnership aims to enhance cardiac care and infrastructure while focusing on preventing cardiovascular disease (CVD) in the region. The rising prevalence of cardiovascular disease among younger adults aged 30 to 45 in Eastern India is a concern, as it has a higher incidence compared to other regions. Dr. Sunip Banerjee, an Alumnus of CMC, Kolkata, and PGI, Chandigarh, brings four decades of clinical excellence to the partnership. His approach focuses on non-surgical methods, minimally invasive procedures, and holistic treatment…

24 Nov

DSP Mutual Fund announce the launch of DSP Banking & Financial Services Fund

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DSP Mutual Fund has launched the DSP Banking & Financial Services Fund (DSP BFSF), offering investors a chance to invest in the long-term structural growth opportunity in the banking and financial services sector. The New Fund Offer for DSP BFSF will open for subscription on November 20th, 2023, and will close on December 4th, 2023. Apart from banks, the sector also encompasses major areas like NBFCs including Housing Finance Companies, life insurance, non-life insurance, AMCs, exchanges, and depositories, which have grown faster than India's nominal GDP in the last 15 years. The asset allocation for DSP BFSF would be between…

24 Nov

Time for the Eastern region to embrace renewable energy: AmpIn Energy Transition

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AmpIn Energy Transition, India's leading renewable energy transition platform, is set to significantly impact the power landscape in the Eastern region of India with a ground-breaking investment of INR 3,100 crores. The investment will be used to set up renewable energy projects of approximately 600 MW+ and establish an integrated manufacturing facility of solar cells and modules. The company plans to invest in West Bengal, Bihar, Odisha, Jharkhand, Chhattisgarh, and Northeastern States. AmpIn Energy Transition's commitment to accelerating the renewable energy transition and adopting clean energy solutions in the Eastern region is evident in its largest solar open access portfolio…

24 Nov

Amazon’s The Beauty Sale on Amazon Beauty

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Brace yourselves for the much-anticipated beauty shopping extravaganza of the year- Amazon's The Beauty Sale on Amazon Beauty from 24th to 26th November 2023. Powered by Maybelline, in association with L'Oréal Professionnel, it is a beauty shopping extravaganza featuring up to 60% off on popular beauty products and 50% off on luxury beauty. The sale caters to diverse beauty lovers' needs and preferences, offering an extensive lineup of premium beauty products, trending Gen Z products, sustainable beauty brands, multi-purpose products, and the latest beauty devices. Amazon India's Director of Beauty, Personal Care & Luxury Beauty, Zeba Khan, on the launch,…

24 Nov

New ENO Chewy Bites; an innovation tailored to the modern lifestyle

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ENO, a leading digestive brand by Haleon, has launched its first-of-its-kind chewable antacid, 'ENO Chewy Bites', in two delicious flavors, Tangy Lemon and Zesty Orange. The new product is designed to cater to the modern lifestyle of eating outside, providing instant relief from acidity. The chewable antacid contains natural ingredients and contains 1000 mg of Khatika Churna, which works on acidity within 1 minute. It is gentle on the stomach and can be consumed by adults and children above 12 years of age. The product is available in three SKUs: Single pillow pouch, pack of 10s, and pack of 30s.…

24 Nov

Abbott announced the launch of its digital health tool, the FreeStyle LibreLink app

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Abbott has launched the FreeStyle LibreLink mobile app for people using its FreeStyle Libre system in India. The app allows users to monitor their glucose levels and view their data directly on their smartphone. The app also allows users to share their information with healthcare professionals through LibreView and with caregivers through a separate LibreLinkUp app. The app is available for compatible iPhone and Android smartphones across India. The integrated FreeStyle Libre digital platform aims to empower people to better manage their diabetes through easy monitoring, insights, and connection. Finger pricks are required if glucose readings do not match symptoms…

24 Nov

The Vibrant Gujarat Roadshow in Guwahati on 24th November

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The Gujarat Government is planning a roadshow in Guwahati on 24th November 2023 to showcase the state's industrial prowess and its potential as a 'Gateway to the Future'. So far, the Government of Gujarat has conducted a curtain raiser event in New Delhi, followed by roadshows in Mumbai, Chandigarh, Kolkata, Chennai, Lucknow, and Bengaluru. The aim is to interact with industry and business leaders and invite them to the upcoming VGGS 2024 Summit in January 2024. The event will feature a panel discussion led by Shri MulubhaiBera, the Hon'ble Minister of Tourism, Cultural Activities, Forest and Environment, Climate Change, Government…