Business News Northeast - Latest Business Northeast News & Updates

10 Sep

MoU Signed Between Gati Shakti Vishwavidyalaya Vadodara And Airbus In New Delhi

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Gati Shakti Vishwavidyalaya (GSV), Vadodara and Airbus signed a Memorandum of Understanding (MoU) on 7th of September, 2023 in New Delhi to accelerate the development of the Indian aviation sector. The companies signed an agreement in the presence of Railway Minister Ashwini Vaishnaw. As per the sources, the agreement will help in the co development , co delivery of sector-relevant skilling courses and programs for regular candidates and working people, joint research and industry experiences for freshers, internships and placements for eligible candidates and scholarship programs. The MoU will surely generate number of job opportunities for students as per the…

09 Sep

Bengaluru’s first underground electric transformer inaugurated at Malleshwaram

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India's first underground electric transformer unveiled at Bengaluru's Malleswaram 15th cross on 5th of September 2023. It has been inaugurated by Energy minister KJ George. This development is a very good example of modernizing the power distribution infrastructure, it will enhance the safety of the people walking on the footpaths. From now onwards they can move without disruptions during maintenance works on overhead cables and related equipment. And there will no cable lines running overhead which most of the time disturb the construction works. Hence, it will provide an aesthetic look to the city. The project was accomplished with a…

09 Sep

Amazon India inks pact with 5 states to empower Persons with Disabilities

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Amazon India entered into an agreement with the five states namely Haryana, Maharashtra, Gujarat, Karnataka and Tamil Nadu to uplift the status of physically challenged/disabled persons in the society. The MoU signed between Amazon and other five states aims to provide special training and guidance to employable Persons with Disabilities (PwD), which will help them to enter the working force of the country. The agreement has set a target of skilling the people by 2026. Different types of job such as packing, stowing, picking, and sorting etc. will be offered by the Amazon's different working networks like fulfillment centres, delivery…

09 Sep

TCPL GES Pvt. Ltd has signed an MoU with Govt. of Jharkhand for cleaner India

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TCPL Green Energy Solutions Pvt. Ltd. (TCPL GES) has signed a Memorandum of Understanding (MoU) with the Government of Jharkhand to establish a manufacturing plant for low-to-zero-emission technologies for mobility solutions. The MoU was signed by Shri Jitendra Kumar, Secretary of the Department of Industries, Government of Jharkhand, and Mr. Ajay Patil, Chief Financial Officer, Cummins Group in India. The collaboration demonstrates the State Government's commitment to India’s Panchamrit Tatva to combat climate change and aligns with the Jharkhand Government's vision of transitioning to a low-carbon economy. TCPL GES plans to invest over Rs. 350 Crores in fuel-agnostic powertrain solutions,…

09 Sep

Vi celebrates Teachers’ Day on Dr. Sarvepalli Radhakrishnan’s 135th birth anniversary

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Vi, a leading telecom operator, celebrated Teachers' Day on Dr. Sarvepalli Radhakrishnan's 135th birth anniversary, paying tribute to teachers for their significant contributions to society, recognizing their role as the primary medium of knowledge. Under this initiative, Vi felicitated over 5000 teachers across Bengal who have tirelessly worked towards the betterment of the students from all strata of life. Reaching out to the teachers across Govt. and private schools of rural and urban Bengal, Vi expressed gratitude to the teachers with a special memento, for their enormous contribution in shaping a society and many generations. Presenting the teachers with a…

09 Sep

TKM Dominant Monthly Performance by selling 22,910 units in August 2023

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Toyota Kirloskar Motor (TKM) reported overall sales of 22,910 units in August 2023, which is a significant increase of 53% compared to the sales of 14,959 units achieved in August 2022. While domestic sales stood at 20,970 units, the company reported exports of 1,940 units in the month of August’ 2023. TKM experienced 34.2% sales growth in January-August 2023, selling 147,192 units, compared to 109,669 units in the same period last year. In addition, the enhanced production capacity through three shift operations have enabled TKM to meet the ever-growing market demand. Commenting on the sales momentum, Mr. Atul Sood, Vice…

09 Sep

IBM has rekindled its collaboration with IIT-B and IISc, Bangalore to foster hybrid cloud and AI

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IBM has reaffirmed its research collaboration with IIT Bombay and IISc Bangalore to drive innovative solutions in hybrid cloud and AI. IIT Bombay joined the IBM AI Horizon Network in 2018 to advance AI research in India and in 2021, IBM and IISc Bangalore launched the IBM-IISc Hybrid Cloud lab to advance research in hybrid cloud technologies and drive breakthrough innovations in this area. IBM is collaborating with students, faculty, and industry researchers to drive innovation and provide practical solutions to global challenges. The project aims to enhance technology and contribute to a more advanced future. Collaborations will focus on…

09 Sep

Tata Motors partners with Tata Power Renewable Energy Limited

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Tata Motors and Tata Power Renewable Energy Limited have signed a Power Purchase Agreement to develop a 12MWp solar project at their Pune commercial vehicle manufacturing facility. The project is expected to generate 17.5 million units of electricity annually, meeting 17.2% of the annualized requirement and potentially mitigating over 12400 tonnes/kWh of carbon emissions. This move aligns with Tata Group's commitment to environmental sustainability. The solar project is to be commissioned within six months after the PPA gets signedand will be a significant contributor to Tata Motors' long-term ambitions. The PPA will include rooftop installations. This 12MWp adds to existing…

09 Sep

Thums Up launches upcoming campaign, “Thums Up Utha, India India Macha”

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Thums Up, a Coca-Cola brand, is launching a campaign titled "Thums Up Utha, India India Macha" to promote India's determination for the ICC Men's Cricket World Cup, aiming to inspire and motivate fans to believe in India's journey to victory. The exhilarating chapter features cricket icons-Ravindra Jadeja, Jasprit Bumrah, Mohammed Siraj, and the dynamic captain Rohit Sharmain a film that is centred around –‘making India believe in Team India’. The heart of the campaign lies within its unique storytelling, brought to life by none other than The King of Bollywood, Shahrukh Khan as the ‘Voice of Belief.’ Commenting on the…

09 Sep

Union Minister launches 3-year partnership on Education to Entrepreneurship

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Union Minister for Education and Skill Development & Entrepreneurship Shri Dharmendra Pradhan announced a 3-year partnership titled "Education to Entrepreneurship: Empowering a Generation of Students, Educators and Entrepreneurs" between the Ministry of Education, Ministry Skill Development & Entrepreneurship, and Meta in New Delhi. Three Letters of Intent (LoI) were exchanged between Meta, NIESBUD, AICTE, and CBSE. Ministers Annpurna Devi and Rajeev Chandrasekhar also attended the event. Speaking at the event, Shri Dharmendra Pradhan said that the initiative launched today is in furtherance to Prime Minister Shri Narendra Modi’s vision of making India a skill capital of the world and empowering…