Business News Northeast - Latest Business Northeast News & Updates

17 Aug

India’s G20 Anti-Corruption Ministerial Meeting ends in Kolkata

Business Bureau0 CommentsBusiness

Under India’s G20 Presidency, the Anti-Corruption Ministerial Meeting successfully concluded on 12 August 2023, Saturday. The meeting was Co–Chaired by Italy. The inaugural session of the meeting was addressed by the Union Minister Dr. Jitendra Singh address, while the welcome address was given by S. Radha Chouhan, Secretary, Department of Personnel and Training (DoPT). The meeting began with a video message by Prime Minister Narendra Modi The Indian Presidency has reached a consensus among G20 countries on the 'High-Level Principles on Promoting the Integrity and Effectiveness of Public Bodies and Authorities Responsible for Preventing and Combating Corruption'. The framework aims…

17 Aug

Vi Independence Day offers available only on Vi App

Business Bureau0 CommentsBusiness

Leading telecom operator, Vi has come up with a bouquet of attractive offers for its pre-paid customers to commemorate India’s 77th Independence Day. Vi customers can explore a wide range of incredible deals and also stand a chance to win remarkable rewards on Vi app between 12th to 18th August. As a part of their Independence Day celebrations, Vi is offering an assured extra data benefit of up to 50GB, on all unlimited data recharges above Rs 199 to ensure that customers enjoy uninterrupted online experiences. Vi customers can also get instant discounts of Rs 50 and Rs 75 on…

17 Aug

Air India unveils modern brand identity, aircraft livery for bold India

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Air India, a Tata Group-owned airline, unveils a modern brand identity and aircraft livery, marking a milestone in its Vihaan.AI transformation into a national inspiration. The new look reimagines the iconic Indian window shape, historically used by Air India, into a gold window frame that becomes central to the new brand design system - symbolising a ‘Window of Possibilities’. Air India's new logo symbol, 'The Vista', represents limitless possibilities, progressiveness, and a bold outlook for the future, inspired by the gold window frame peak. Air India's new aircraft livery features deep red, aubergine, gold highlights, a chakra-inspired pattern, and a…

17 Aug

Indian government plans stake sale in Indian Railways’ funding arm: official

Priyanka Bhowmick0 CommentsBusinessBusiness

Shares of Indian Railway Finance Corporation (IRFC) plunged on Thursday, a day after the government planned to sell a portion of its holdings to the state-owned company through an offer for sale (OFS) in the current fiscal (FY24). IRFC shares opened at Rs 50 on NSE. The counter saw profit bookings and slipped nearly 6 percent to touch the day-low of Rs 48.25 on the NSE. The counter was trading at Rs 2.05 or 4 percent lower at Rs 49.2 on the NSE. Commenting on the counter, Sumeet Bagadia of Choice Broking said the stock could witness profit booking and…

17 Aug

Monsoon Flu virus increases the risk of hospitalisation for children and the elderly

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There are four different types of viruses that can cause Influenza, commonly called flu. These circulate throughout the year but spread faster during the monsoons and winter because of temperature fluctuations. Children and elderly individuals may contract flu from various viruses, affecting the nose, throat, and lungs, leading to hospitalization, death, and complications like bacterial pneumonia and ear and sinus infections. The 4-in-1 flu vaccination is recommended for children aged 6 months to 5 years and elderly above 50 years to prevent complications. The flu virus can spread quickly, causing symptoms like cough, fever, chills, sore throat, tiredness, muscle ache,…

17 Aug

Tata BlueScope Steel supports construction of BAI National Centre of Excellence

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Tata BlueScope Steel contributed to the construction of the BAI National Centre of Excellence for Badminton in Guwahati, inaugurated by Chief Minister of Assam, Shri Himanta Biswa Sarma. As the proud supplier of 21,000 square meters of LYSAGHT KLIPLOK® 700 double skin roofing, Tata BlueScope Steel played a crucial role in the development of the stadium, one of the largest badminton stadiums in India. LYSAGHT KLIPLOK® 700 profile represents the next generation of concealed roof and wall cladding systems. This innovative roofing solution offers superior uplift performance and wider spans compared to other available profiles in the market. With bold…

16 Aug

Apple to soon begin iPhone 15 manufacturing in India: Report

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Apple's hardware manufacturing partner Foxconn has come up with a decision to start production of iPhone 15 in India itself. As per the reports of Bloomberg, the manufacturing will start at the Sriperumbudur plant in Tamil Nadu. Recently it was published that India became the fifth largest iPhone market in the world. China has been doing its best in production of the best models of iPhones and India still lags behind in this sector. But further plans are on the way to push India harder in terms of technological advancement. The iPhones will be available in the Indian market within…

16 Aug

Air India Express Plans To Rebrand Aircraft With New Logo, Livery

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Tata Group's budget carrier Air India Express is planning to rebrand aircraft with new logo and livery. As per the reports, the change in logo and livery will be done retaining the tail art of the aircraft which symbolizes India's aesthetic art and culture. The rebranding will be done in a phases to ensure the smooth operations. "Future Brand, the company that designed Air India's new logo, is involved in the rebranding of Air India Express. We have a unique identity when it comes to tail art that beautifully displays India's art and culture. Under the rebranding, the tail art…

16 Aug

Shri Pradhan introduces DBT in National Apprenticeship Promotion Scheme

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Union Minister Shri Dharmendra Pradhan launched Direct Benefit Transfer (DBT) in National Apprenticeship Promotion Scheme (NAPS) to increase industry participation and young individuals' apprenticeship training. Around 15 crores were disbursed to one lakh apprentices, marking the launch of DBT in NAPS.A total of 25 lakh youth have been engaged as apprentices since the inception of inception National Apprenticeship Promotion Scheme in 2016, till 31st July 2023. Around 2.6 lakh Apprentices have completed training in FY 23-24.The Government of India’s proactive efforts to promote quality training across sectors, led tothe number of active establishments subsequently increase from 6,755 in 2018-19 to…

16 Aug

Hero Motocorp Report Rs. 8,767 Crore Revenue for Q1 FY24

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Hero MotoCorp reports financial performance for first quarter of FY' 2024, highlighting its largest motorcycle and scooter manufacturer. The company's Revenue from Operations for the quarter stood at Rs. 8,767 Crore, (vs Rs. 8,393 Crore) and Total Income of Rs 8,989 Crore (vs Rs 8,446 Crore). Driven by softening of commodity costs, accelerated savings programs, and judicious price increases, EBITDA margin for the quarter stood at 13.8%, reflecting an improvement of 250 bps. The underlying EBITDA margin for ICE Business stands at 14.5%, excluding the impact of EV business. Profit Before Tax and exceptional item for Q3 reached Rs. 1,255…