Business News Northeast - Latest Business Northeast News & Updates

17 Oct

MPOC successfully concluded its Youth Outreach Program at Guru Nanak Institute of Hotel Management

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The Malaysian Palm Oil Council (MPOC) celebrates the successful conclusion of its Youth Outreach Program, hosted at the esteemed Guru Nanak Institute of Hotel Management. This event illuminated the exceptional versatility and health benefits of palm oil as a star ingredient in culinary creations. By uniting budding culinary talents with seasoned experts, the event garnered widespread acclaim. The competition, divided into "Amateur" and "Expert" categories, attracted up to 40 students. The "Amateur" category allowed participants to showcase their culinary skills for 1 hour and 30 minutes, while the "Expert" category was designed for 3rd and 4th-year students, requiring them to…

17 Oct

Freyr Energy raises ₹58 crore in Series B funding led

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, India

Solar energy startup Freyr Energy has raised INR 58 Cr (approx. $6.9 million) in its Series B funding round led by EDFI ElectriFI. Snyder Electric Energy Asia Fund (SEEAA), Lotus Capital LLC, Maybright Ventures and VT Capital also participated in the round. Founded in 2014 by Radhika Choudary and Saurabh Marda, Fryer offers a range of smart solar grids for homes and businesses.The co-founders told Inc42 that the startup will use the new capital to meet growing demand, grow its team, and for product development and marketing. Marda said that solar energy penetration in India is currently less than 2%…

17 Oct

Jio MAMI Mumbai Film Festival announced its lineup

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The Jio MAMI Mumbai Film Festival has announced its 2023 lineup, featuring over 250 films from October 27 to November 5, including 40 World Premieres, 45 Asia Premieres, and 70+ South Asia Premieres, with over 1000 submissions for the South Asia programme, aiming to showcase contemporary films and new cinematic voices from South Asia. The festival aims to showcase contemporary films and new cinematic voices from South Asia. The main competition is the South Asia Competition, which showcases breakthrough contemporary South Asian films from debutant and second-time filmmakers from India, Bangladesh, Bhutan, Nepal, and diaspora filmmakers from the UK and…

17 Oct

TCS sacks 16 employees, six vendors barred

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, India

India's largest IT services firm TCS on Sunday said it has sacked 16 employees and banned six vendors in connection with a "recruitment scam"."Our investigation involved 19 employees… 16 employees have been separated from the company for code of conduct violations, and three employees have been removed from the resource management function," the company said in a statement in the evening. It also added that the six vendors, their owners and associates have been "banned" from doing any business with TCS.In late June, reports surfaced of a "recruitment scandal" at the largest software exporter, where vendors tasked with some of…

17 Oct

Rajnigandha has launched a campaign keeping art and cricket at its core

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Rajnigandha has launched a campaign called #rajnigandhamasterstroke, which celebrates cricket while democratizing art. Mindshare collaborates with Rajnigandha to develop the campaign. The initiative aims to connect Rajnigandha's values with the spirit of cricket by encouraging fans to express their support using Artificial Intelligence. The campaign features a captivating promo, encouraging fans to share their cricket-themed masterpieces on social media platforms like Instagram and Facebook using the hashtag #rajnigandhamasterstroke and tagging @rajnigandha_pm. This fosters a sense of community and unity among art and cricket enthusiasts, amplifying the collective voice cheering the Indian Team. To enhance engagement and motivation, Rajnigandha has curated…

16 Oct

Robotic surgeries is on the rise

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The healthcare sector has seen many developments and innovations in the digital healthcare space worldwide. Assistive robotic technology for surgeries has become a disruptive innovation in the 21st century, driven by improved patient outcomes and the enthusiasm of Indian robotic surgeons. Robotic surgeries involve surgeons using hand movements to guide the robot, offering magnified vision, multiple arms, and tiny incisions. Benefits include better outcomes, high precision, no blood transfusion need, fast recovery, and lower pain levels. The growing community of passionate Indian robotic surgeons is also driving this adoption. Currently, robotic equipment costs are higher than routine surgeries, but it…

16 Oct

NMBA’s Diverse Offerings and Artistic Displays at the Sharodotsav

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The Navi Mumbai Bengali Association (NMBA) in Vashi, Maharashtra, is set to host a five-day cultural extravaganza from October 20th to 24th, 2023, coinciding with the Sharodotsav (Durga Puja and Dassehra) celebrations. Located at the CIDCO Exhibition Centre in Vashi, this event, marking its 44th year, anticipates over 500,000 devotees in attendance. NMBA's grand celebration will feature spirituality and festival fervor, with Bengali artisans, craftsmen from across India, and celebrity artists from Kolkata and Bollywood offering their creations. The event also includes a three-day free Bhog distribution for all visitors. The festivities will reflect the rich cultural heritage, religious harmony,…

16 Oct

Quantum AMC Introduces Quantum Small Cap Fund

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Quantum AMC announced the launch of a new fund offer (NFO) with Quantum Small Cap Fund. It opens for subscription on Monday, October 16 and closes on Friday, October 27, 2023. It is an open-ended equity scheme predominantly investing in Small CapStocks. It will be co-managed by Chirag Mehta – Chief Investment Officer and Abhilasha Satale. The scheme aims to generate capital appreciation by investing in Small Cap Stocks, benchmarked against the S&P BSE 250 Small Cap total return index. The fund managers will allocate 65%-100% to equity and equity-related instruments of Small Cap Companies. The investment philosophy includes disciplined…

16 Oct

ICICI Bank announce the launch of ‘iFinance’

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ICICI Bank has launched 'iFinance', allowing customers to consolidate their savings and current accounts in one place. This facility is available to both retail and sole proprietors, and can be accessed by customers of other banks through the Account Aggregator ecosystem on the bank's digital platforms, including iMobile Pay app, Retail Internet Banking, and InstaBIZ mobile app. ‘iFinance’ provides a single-view dashboard of all accounts. Users can check account balances, get valuable insights on spending patterns, download statements and more. The dashboard offers significant convenience to users and assists them to exercise better control over expenses and monitor their finances…

16 Oct

Mamang Dai got recognized as the Poet Laureate for Literature in the Mumbai Litfest 2023

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Mamang Dai, a celebrated poet from Arunachal Pradesh, will be the Poet Laureate of the 14th Tata Literature Live. Her poetry, influenced by her Adi tribe's oral tradition and the natural landscape, is gentle, melodious, and poignant. Dai's works, including River Poems, The Balm of Time, Midsummer Survival Lyrics, and Hambreelmai's Loom, reflect the rhythms of her Adi tribe and the natural landscape. Despite acknowledging political realities and unease, her poetry is always filled with hope and love. Mamang Dai's poetry, encompassing all aspects of life in the Northeast, is not harsh or opaque. It is a gift to students…