Business News Northeast - Latest Business Northeast News & Updates

20 Sep

58% Tata Mutual Fund investors are invests in equity schemes in West Bnegal: Reports

Business Bureau0 CommentsBusiness

In August 2023, the Association of Mutual Funds in India (AMFI) reported net inflows of Rs. 20,245.26 crore from equity mutual funds. The small-cap category saw Rs 4,264.82 crore, while sectoral/thematic funds received Rs 4,805.81 crore, and the multi-cap category received Rs 3,422.14 crore. Tata Mutual Fund in West Bengal is showing a preference for equity mutual fund schemes, with 58% of AUM coming from equity schemes, 28% from debt & liquid schemes, and 14% from balanced schemes, according to August AMFI data. Investors are particularly interested in infrastructure funds like Tata Infrastructure Fund, which falls under the very high-risk…

20 Sep

Tata motors launch the New Nexon.ev; India’s bestselling electric vehicle

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Tata Passenger Electric Mobility has launched the Nexon.ev, a new EV model that marks a significant leap forward for the Indian auto industry. The vehicle features a bold digital design language, futuristic tech-inspired drive experience, and intuitive features accessible via gadgets. Built on the Tata.ev brand values of Sustainability, Community, and Technology, the Nexon.ev is available in three personas: Empowered, Fearless, and Creative, representing the personalities and lifestyles of its audience. It will be available from authorized dealerships across India. The Nexon.ev is an electric modern car with a sleek design, smart digital lighting system, and cinematic visuals. It features…

20 Sep

IndiGo makes soft drinks free on buying snacks

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, India

BJP member and former Rajya Sabha MP Swapan Dasgupta complained that one cannot buy soft drinks on IndiGo flights without being forced to buy snacks.IndiGo on Tuesday said it has stopped serving drinks in cans on flights and passengers have the option of getting a complimentary glass of juice or coke when buying any snack after a former member of parliament complained that no one could buy soft drinks during the flight. BJP member and former Rajya Sabha MP Swapan Dasgupta complained that no one can buy soft drinks on an IndiGo flight and said the airline must stop burdening…

20 Sep

Vi introduces a new service called ‘Vi Priority’

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Vi, a leading telecom operator, has launched a new service, 'Vi Priority', aimed at providing a unique customer service experience for its Postpaid users, based on insights from a pilot conducted in select circles. Vi Priority is a service offered by Vi that focuses on customer experience and performance. It is available to postpaid customers on high rental plans of INR 699 and above, family plans of 4 and above, senior citizens, and long-term customers for 10 years or more. Vi Priority members receive special benefits such as direct access to a 24x7 premium call centre service, zero waiting at…

19 Sep

Nestle to sell 40 gm Maggi packets for Rs 10 to expand market share

Business Correspondent0 CommentsBusiness

Nestle India Ltd, the Indian subsidiary of Nestle which is the world's largest food and beverage company has relaunched Maggie for Rs 10 in small towns and villages to regain the stability in the market which they lose due to a price hike of the ready made noodle in the few last years. The new Rs 10 packet Maggie, weighing 40 grams will be introduced in small rural markets and towns. The prices of the Maggie first rose to Rs 12 from 10 in the recent years, after observing the increase in the prices of raw materials the Swiss company…

18 Sep

Gati gears up to meet festive season demand surge

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Gati Express and Supply Chain Private Limited (GESCPL), India's top Express Distribution and Supply Chain Management provider, has increased its warehousing and delivery capabilities to meet the surge in demand during the festive season in commerce, white goods, consumer durables, and FMCG segments. GESCPL is now capable of handling 20% more cargo loads annually. GESCPL, a Mumbai-based logistics company, has expanded its reach with the establishment of several new Surface Transhipment Centres and Distribution Warehouses. These centres, covering a wide area, offer a range of capacities, including 39,140 sq ft, 50,000 sq ft, 40,000 sq ft, and 1.46 lakh sq…

18 Sep

Akasa Air moves court against 43 pilots who quit without any notice

Priyanka Bhowmick0 CommentsIndia, BusinessBusiness, India

Akasa Airlines has decided to take legal action against 43 pilots who joined other airlines without giving notice period. The 13-month-old airline has reportedly sought compensation of around Rs 22 crore from 43 pilots for loss of revenue and damage to the airline's reputation. According to a report in Times of India, the airline has been forced to cancel several of its operations from August 2023 due to the mass desertion of pilots. "We have only sought legal remedies against a small number of pilots who have renounced their duties and left without complying with their mandatory contract notice period,"…

18 Sep

Boddess Beauty unveils the Power of K-Beauty

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K-Beauty, a global skincare and cosmetics brand, has gained popularity due to its innovative products, innovative ingredients, and unique skincare routines. Boddess Beauty, India's premier Omni channel multi-brand, delves into the world of K-Beauty and explores the magic behind renowned Korean beauty brands like Amore Pacific, Sulwhasoo, Innisfree, Laneige, Etude House, The Face Shop, Dear Klairs, and Cosrx. K-Beauty offers various skincare routines, including the famous 10-step and 4-2-4 method, to cater to different lifestyles and preferences. The brand has proven its ability to transform skin and captivate hearts. Brands like Amore Pacific, The Face Shop, and Cosrx have become…

18 Sep

Shri Dinesh Shahra announces the launch of his book ‘Sanatan Living’, organized by Byatikram Group

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Shri Dinesh Shahra, a renowned industrialist, philanthropist, and author, launched his book series on Sanatan Living organized by Byatikram Group on September 16, 2023, at Taj Bengal, Alipore, Kolkata. Shri/Dr Dinesh Shahra distills the essence of Sanatan values in his recent Kolkata tour. A memorable evening celebrating the ethos of Sanatan by visionary thought leader Shri/Dr Dinesh Shahra. The event was attended by prominent dignitaries including Dr. Dinesh Shahra, author of the Sanatan Living book series, Ashok Sethia Ji, Shyam Sunder Nangaliya, Dr Pamela Pal Das, Mrs Universe, Bijoy Agrawal, Prof Dhrubajyoti Chattopadhyay, Dean of SNU, WRITTER LADY, Dr. Sudipta…

18 Sep

Nissan announces its 8th consecutive year of partnership with ICC

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Nissan has announced its 8th year of partnership with the International Cricket Council (ICC) as the official sponsor for the ICC Men's Cricket World Cup 2023, taking place in India from October 5 to November 19, 2023. To celebrate and commemorate its enduring partnership with the International Cricket Council (ICC) and embrace the festive cricket season with great enthusiasm, Nissan Motor India has introduced the all-new Nissan Magnite KURO Special Edition. Nissan is partnering with the ICC Men's Cricket World Cup 2023, showcasing the Nissan carat at the stadium and engaging with cricket enthusiasts through on-ground engagement initiatives. The tournament…