Business News Northeast - Latest Business Northeast News & Updates

30 Sep

Tata Motors launches 3rd RVSF in Surat

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Tata Motors, India's top automobile manufacturer, has launched its third Registered Vehicle Scrapping Facility in Surat, Gujarat, 'Re.Wi.Re – Recycle with Respect', inaugurated by PB Balaji, Group Chief Financial Officer. The state-of-the-art facility uses environmentally friendly processes and has the capacity to disassemble 15,000 end-of-life vehicles safely and sustainably each year. The RVSF is developed and operated by Tata Motors’ partner Shree Ambica Auto to scrap end-of-life passenger and commercial vehicles of all brands. This launch follows the success of the two facilities; in Jaipur and Bhubaneshwar, and marks another significant milestone for the company’s sustainable initiatives. Commenting on momentous…

30 Sep

Vi Announces ‘Recharge & Fly’ Offer for Prepaid Customers

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Vodafone Idea (Vi), the leading telecom operator in India, has announced a special celebratory offer for its prepaid customers called 'Recharge & Fly', in partnership with EaseMyTrip. As part of the offer, Vi users who recharge their mobile number through the Vi App between September 26 and 30, 2023, will stand a chance to win a free flight ticket every hour, valued up to Rs. 5000. Alternatively, users can also book a higher-priced ticket and get a discount of Rs. 5000. In addition to the flight tickets, Vi is also offering up to 50GB of additional data at no extra…

30 Sep

Bengaluru-based Samsung Opera House celebrates its fifth anniversary

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Samsung India's Samsung Opera House in Bengaluru has become a hub for technology, innovation, art, and culture after five years of operation. Samsung celebrated this milestone with an exhilarating K-Pop themed cultural event called K-Fiesta where young Samsung and K-Pop fans performed to bring alive the spirit of cross-cultural unity. Samsung Opera House hosted a 'Korea Pop Culture Extravaganza' event, showcasing Korean culture through entertainment and culinary traditions. Over 5K Samsung and K-Pop fans attended, which included a Trivia Quiz and Games session, Dance Battle, exclusive Korean movie screening, and Chef's Kitchen zone. Prizes were awarded to winners. Other attractions…

30 Sep

Axis Mutual Fund declare the results of an investor survey on ‘Risk Perception’ in India

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Axis Mutual Fund, a rapidly growing mutual fund house in India, conducted an investor survey to gauge the level of risk comprehension among its Indian investors. The survey received responses from over 1700 Axis MF investors from across the country. The objective of the survey was to receive insights on investors’ attitude and understanding of risks in mutual fund investing. The survey revealed that investors are increasingly aware of the importance of investing their money to appreciate it, leading to Mutual Funds becoming a preferred investment avenue. 59% of investors still consider past performance as a key benchmark for investing…

30 Sep

IHCL announce the launch of TAJ Guras Kutir Resort & Spa in Gangtok

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Indian Hotels Company (IHCL), India’s largest hospitality company, announced the opening of Taj Guras Kutir Resort & Spa in Gangtok. There sort nestled in the alpine landscape of Sikkim is set amidst lush greenery and offers panoramic views of the majestic Kanchenjunga. The grand inauguration ceremony in Sikkim was attended by prominent dignitaries, with Hon' Chief Minister Shri Prem Singh Tamang (Golay) in attendance. Taj Guras Kutir Resort & Spa is a serene 14-acre resort with a blend of Sikkimese aesthetics and contemporary design. Each room features a unique Thangka, local Buddhism-inspired painting, and offers a unique gastronomic experience with…

30 Sep

Indian Consumers Bullish on Online Shopping During Festive Season: Amazon India Study

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Indian consumers are bullish on online shopping during the upcoming festive season, according to a study by Nielsen Media India on behalf of Amazon India. The study found that 81% of consumers have a strong sentiment and intent to shop online, 78% trust online shopping, and 1 in 2 intend to increase online spending compared to last year.Consumers are looking for a wide selection of products, unmatched value with competitive pricing, and the convenience of easy returns and exchanges. Amazon.in is the go-to online shopping destination for 68% of consumers, and almost half of consumers identify it as the most…

30 Sep

Tata AIA India Ranks No. 1 for Top Quality MDRT Advisors

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Tata AIA Life Insurance, one of India's foremost life insurance companies, has achieved remarkable recognition on the global stage. The company proudly stands among the Top 5 Insurers worldwide in terms of the highest number of MDRT qualified Advisors. As of July 1, 2023, an impressive total of 1,978 Advisors have earned their place in the prestigious MDRT (Million Dollar Round Table) league. MDRT qualified Advisors are celebrated for their exceptional knowledge and expertise within the realm of life insurance, making them exceptionally well-suited to provide clients with the right guidance to meet their life stage needs. In another significant…

30 Sep

HMSI launches road safety awareness campaign in Midnapore

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Honda Motorcycle and Scooter India (HMSI) has extended its National Road Safety Awareness Campaign to Midnapore, West Bengal, to promote safe riding culture. Road safety holds global significance for Honda. In a two days event held at Govt. ITI, Midnapore, HMSI reached out to more than 1000college students and staff members to raise awareness about safe riding practices. The company's road safety instructors utilized age-appropriate road safety learning programs to ensure that road safety awareness is effectively retained among all participants. Since inception, in the state of West Bengal, HMSI has imparted education to over 1.55lakhs adults and children, focusing…

30 Sep

Max Life has launched a wellness app “Max Fit”

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Max Life Insurance Company Ltd. has launched the Secure Earnings & Wellness Advantage Plan (SEWA), a unique offering that combines health, protection, savings, and holistic wellness benefits. The comprehensive plan covers hospitalization, ICU, surgeries, critical illness, disability, and life cover. To encourage insurance adoption among women and transgender customers, Max Life offers a 5% discount on the first year premium. This is the first of its kind in the industry. Max Life is offering customers access to a digital app called Max Fit, which encourages a healthier lifestyle and offers enhanced maturity benefits. By registering on the app, customers can…

29 Sep

Disney+ to restrict password sharing outside homes from November 1

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The trend of sharing password of OTT platforms is going down due to the strict rules made by the companies. The first OTT platform to put a ban on password sharing was Netflix, and now Disney+ has come up with same ideology by joining the movement of forbidding its customers from sharing their credentials with others. The platform will enforce this new regulation from Nov 1 in Canada, and it has already sent mail to users to inform them regarding the changes and prohibit account sharing. The unique thing is that Disney+ has been quite hard on applying the new…