Business News Northeast - Latest Business Northeast News & Updates

02 Sep

‘Manthan’ 2023 Skill & Entrepreneurship Conclave

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The North-Eastern Skill & Entrepreneurship Conclave, ‘Manthan 2023’ was inaugurated by Rajeev Chandrasekhar, Minister of State for Skill Development & Entrepreneurship and Electronics and Information Technology, and Rajkumar Ranjan Singh, Minister of State for Education and External Affairs. This event, held in Guwahati, Assam, from September 1 to September 3, serves as a platform for collaboration and convergence in skilling and entrepreneurship efforts in India's northeastern region. The Conclave brings together various stakeholders, including ministries, state governments, academia, industry associations, institutions, policymakers, corporations, and beneficiaries, to discuss skill and entrepreneurship development in the North-East. Key objectives include disseminating MSDE's vision…

01 Sep

Centre appoints Jaya Verma Sinha as first woman CEO, chairperson of Railway Board

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Jaya Verma Sinha who is currently working as a member of Operations and Business Development has been appointed as the chairman and CEO of the Railway Board.She is the first woman chairman and CEO of the Railway Board and has served at least 35 years at the Indian Railways. "The Appointments Committee of the Cabinet has approved the appointment of Jaya Verma Sinha, Indian Railway Management Service (IRMS) Member Operations and Business Development) Railway Board to the post of Chairman and the CEO…with effect from the date of assumption on or after September 1, 2023, a government notification read. Sinha…

01 Sep

Lakme launches its newest salon in Siliguri

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Lakmé Salon, India’s first and leading beauty and wellness salon chain has launched its newest outlet in Siliguri (West Bengal). This new one-stop beauty and grooming destination will offer the best in hair, makeup, skin care, nails, and hand and foot services to all discerning Siliguri customers, bringing a world-class salon experience with a strong focus on hygiene and safety protocols in accordance with government guidelines. This leading and largest salon chain, with nearly 40 years of industry leadership and a presence in 160+ cities across the country, brings the backstage expertise and experience of Lakmé Fashion Week to the…

01 Sep

Patel Engineering ltd. Bags Dibang Multipurpose project

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Patel Engineering Limited, a civil construction Company specialized in the hydropower and irrigation sector, announced that, the Company along with the JV Partner has received letter of award for Dibang Multipurpose Project for construction of civil works for Lot-4 from NHPC Limited, which was declared as L1 earlier. The company being 50% partner in the JV, our share in the project is Rs. 1,818.56 crores. About the project, it’s the Construction of Head Race Tunnels for Dibang Multipurpose Project 2880 MW (12 x 240 MW) including intake, pressure shafts, penstocks, power house, transformer cave, tail tunnels, pothead yard, and adsits…

01 Sep

Tata Passenger Electric Mobility launches new brand identity

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As the EV offering grows, spurred on by surging consumer demand and a robust, thriving product lineup, customers expect a unique experience across all touchpoints, from the brand to the product and its ownership cycle. TATA.ev identified a clear need for a new consumer-facing brand identity that strengthens commitment to the future of mobility. The company's brand identity, "move," represents a collective human movement towards electric vehicles (EVs) and a safer, smarter, and greener future. The words "with meaning" emphasize responsibility, collective action, and future readiness, showcasing TATA.ev's commitment to a safer, smarter, and greener future. Commenting on the new…

01 Sep

Kotak Mahindra Bank introduces Sankalp Savings Account

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Kotak Mahindra Bank Limited (KMBL) has launched the Sankalp Savings Account, catering to rural and semi-urban customers' cash-based banking needs. The account offers nil charges on cash deposits and withdrawals up to Rs 24 lakh annually, as well as flexibility in account balance maintenance. Additionally, it offers special interest rates on gold, two-wheeler, and tractor loans. Kotak Mahindra Bank has launched the Sankalp Savings Account for emerging customers with incomes beyond agriculture and farming. The account provides banking services, complimentary talk time, and a Payshopmore debit card for rural and semi-urban customers. Opening is quick and convenient through Kotak's website,…

01 Sep

Unveiling of prototype of the world’s first BS6 (Stage II) Electrified FlexFuel Vehicle

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A Prototype of the World's First BS6 (Stage II) Electrified Flex Fuel Vehicle has been unveiled by Toyota Kirloskar Motor (TKM). The prototype of Electrified FlexFuel Vehicle unveiled is built-on the most admired Innova Hycross and is designed to be compatible with India’s higher emission norms, making it the world’s first Prototype of BS 6 (Stage II) Electrified Flex Fuel Vehicle. This milestone reaffirms and demonstrates TKM’s dedication and ongoing endeavours to introduce advanced & green mobility solutions in line with the nation’s key priorities. The challenge with FlexFuel Vehicles is lower fuel efficiency of Ethanol due to its lower…

01 Sep

Max Life in partnerships with Kantar.unveils third edition of IRIS findings

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Max Life Insurance Company Ltd. released the results of its third edition of the India Retirement Index Study (IRIS), conducted in partnership with KANTAR. The survey evaluates urban India's preparedness for a healthy, peaceful, and financially secure retired life. The digital study surveyed 2,093 respondents across 28 cities. The study shows that urban India's retirement index has increased from 44 to 47, reflecting a significant upward movement from 44 in the past two editions. This improvement is attributed to a 3 point increase in health awareness, which has moved from 41 in IRIS 2.0 to 44 in IRIS 3.0. Prashant…

31 Aug

Deendayal Port Authority, Kandla signs Concession Agreement with DP World

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The concession agreement ceremony was graced by the august presence of Shri Sarbananda Sonowal, Hon’ble Union Minister for Ports, Shipping & Waterways and AYUSH; His Excellency Sultan Ahmed Bin Sulayem, Group Chairman & CEO, DP World; Shri Shripad Naik, Hon’ble Minister of State for Ports, Shipping & Waterways and Tourism; Shri Shantanu Thakur, Hon’ble Minister of State for Ports, Shipping & Waterways; Shri T.K. Ramachandran, Secretary to the Govt. of India, MoPSW and other Senior officials of MoPSW and DP World. The Agreement was signed between Shri S.K. Mehta, IFS, Chairman, Deendayal Port Authority and Shri Rizwan Soomar, MD &…

31 Aug

Bacardi launches of its new whisky – Legacy

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Bacardi India launches 'Legacy', its first-ever made-in-India whisky innovation, entering the Indian-made whisky segment. India is one of the fastest growing markets for Bacardi globally, and the organization is rapidly investing behind its strategic and ambitious vision for the market. The new premium Indian whisky - Legacy - which truly embodies the culture and passion of India, has been introduced across shelves in Assam. Legacy, Bacardi's premium Indian whisky, is crafted with Indian grains and a blend of Indian and Scottish malts. It has a rich, peaty flavor, fruity notes, and toasted oak undertones. The Indian whisky market is expected…