Business News Northeast - Latest Business Northeast News & Updates

11 Jul

Man shares what he got as refund on cancelling flight ticket, leaves netizens amused

Business Correspondent0 CommentsBusiness

Aviation industry like no other industries charges heavy cancellation fee which results into the frustration amongst the passengers. The same incident occurred with an IAS officer Rahul Kumar from Bihar cadre, when he cancelled his flight ticket because of personal reasons and had to bear a hugs cost of cancellation and negligible refunds. The officer shared a screenshot on his Twitter account and wrote, “Pls suggest some good investment plans for my refund.” The screenshot reveals that he has booked a flight ticket costing rupees 13,820 after getting a discount of rupees 1,138. But after cancelling the ticket he received…

11 Jul

Tata AIA Life Insurance Introduced Small Cap Discovery Fund

Business Bureau0 CommentsBusiness

Tata AIA Life Insurance (Tata AIA), one of India's leading life insurers, has launched its first dedicated Small-Cap fund, Tata AIA Small Cap Discovery Fund. The New Fund offers policyholders long-term capital appreciation through investing in small-cap market capitalization stocks. The NFO window is open from July10 to July24, 2023, at Rs. 10 per unit. Small-cap stocks make up over 4500 Indian companies, with 500 having market caps above Rs. 2000 crore. These stocks offer a diverse range of investment opportunities, but are also susceptible to high volatility due to market dynamics. To fully enjoy returns from these funds, investors…

11 Jul

TVS Apache Racing Experience GP Championship launched in 20 cities

Business Bureau0 CommentsBusiness

TVS Racing, the One Make Championship flagbearer in India, is launching it’s first-ever TVS Apache Racing Experience (ARE) GP Championship for TVS Apache owners. This event aims to make racing accessible and showcase the machines' racing capabilities in a thrilling, safe environment. With a rich racing pedigree, TVS Racing is committed to nurturing talent and providing platforms for enthusiasts to experience racing in a controlled environment. The TVS Apache Racing Experience (ARE) is expanding to include the ARE GP Championship, providing exclusive experiences for TVS Apache riders. The first season will engage over 1,000 customers in 20 cities, allowing them…

11 Jul

Shopsy boosts app downloads to 200 million in India in a year

Business Bureau0 CommentsBusiness

Shopsy, India’s fastest-growing hyper value platform, celebrates two years of delivering value across tier-2 and tier-3+ regions and surpassing a milestone of 200 million Shopsy app downloads. To celebrate the platform's second anniversary, Shopsy’s second edition of the Mega Anniversary Sale went live recently on the platform. During the sale, the platform witnessed a whopping 2X uptick in units sold of which sarees, men’s t-shirts and kurtis were the most shopped products. Shopsy's demand for products has increased over 60% in the past two years, driven by value-seeking customers from tier-3 markets. The company's wide range, Flipkart brand trust, and…

11 Jul

Amazon India hosts Prime Day 2023, from July 15 to 16

Business Bureau0 CommentsBusiness

Amazon India is hosting Prime Day 2023, a 2-day celebration to help Prime members discover joy and enjoy great deals across categories. The event will run from July 15th to 16th, 2023, and will feature thousands of deals across various products, including smartphones, consumer electronics, TVs, appliances, Amazon devices, fashion & beauty, home & kitchen, furniture, and everyday essentials. Prime members can also enjoy new product launches from over 400+ top Indian and global brands, as well as 2000+ new product launches from small and medium businesses. Amazon Pay will also offer the fastest Hotels and International Flights booking experience,…

11 Jul

CarTrade to acquire OLX India’s auto business for Rs 537 crore

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, India

CarTrade Tech Ltd has announced the acquisition of Sobek Auto India Pvt., a company owned by the auto sales division of OLX India, in a deal worth Rs 537 crore. CartTrade will buy 100% of Sobek's shares and is making the purchase "to provide synergistic benefits to CartTrade Tech's existing businesses," it said in an exchange filing on Monday. The transaction will be a pure cash agreement and the acquisition is likely to be completed within 30 days. According to the exchange filing, OLX India Pvt. also sold its classified internet business to Sobek on June 30. Prasas-owned OLX made…

10 Jul

Oswaal Books signs Jitendra Kumar as brand ambassador

Priyanka Bhowmick0 CommentsBusiness, Entertainment, IndiaEntertainment, India

The two-year partnership between Oswal Books and Jitendra Kumar aims to inspire and empower students by making education an engaging and enjoyable journey. Jeetu Bhaiya's association with Oswaal Books will further strengthen the brand's commitment to providing high-quality educational resources to meet the growing needs of students. Talking about the collaboration, Naresh Jain, MD, Oswal Books, said, "We are delighted to welcome Jitendra Kumar as the brand ambassador of Oswaal Books. Jitendra's versatility, authenticity and deep connection with the youth are perfectly aligned with us. Vision to transform the way students perceive and approach their educational journey. Through this association,…

10 Jul

Eastern Command of Indian Army & Red FM Celebrate Vijay Diwas With The Guts & Glory – Salute 71

Business Correspondent0 CommentsBusiness

93.5 RED FM, India’s leading private radio and entertainment network is thrilled to announce its partnership with the Eastern Command of the Indian Army to commemorate Vijay Diwas with a grand celebration titled "Guts and Glory - Salute 71." This event aims to pay tribute to the historic victory of the 1971 war and honor the brave soldiers who made it possible.As part of this unique initiative, Red FM will captivate its audience on-air with narrations of intriguing war stories that depict the valiant efforts of the Indian armed forces during the 1971 war. Listeners will have the opportunity to…

10 Jul

Senco Gold & Diamonds Expands its footprint in Gangtok, Sikkim

Business Bureau0 CommentsBusiness

Senco Gold & Diamonds has opened its 141st nationwide showroom in Gangtok, featuring Eksha Kerung Subba and Chief General Manager Dhaval Raja. The showroom is located at Plot No. 1024, New Market, MG Marg, Mundra Building, Gangtok, East Sikkim – 737101. This new Senco Gold & Diamonds showroom in Gangtok covers an expansive area of 2581 sq ft. It will offer an exquisite collection of gold and diamond jewelry, highlighting the brand's exceptional artisanship and design expertise. Senco Gold & Diamonds offers uncompromising quality and attention to detail at a company-owned store, offering vailability of sub brands like Everlite, Vivaha,…

10 Jul

Tata Motors Group global wholesales records at 3,22,159 in Q1 FY24

Business Bureau0 CommentsBusiness

Tata Motors Group's global wholesales in Q1 FY24, including Jaguar Land Rover, increased by 5% compared to Q1 FY23. Global wholesales of all Tata Motors' commercial vehicles and Tata Daewoo range in 01 FY24 were at 88,456 nos, lower by 15%, over 01 FY23. Global wholesales of Tata Motors of passenger vehicles in Q1 FY24 were at 1,40,450 nos., which was higher by 8% as compared to Q1 FY23. Global wholesales for Jaguar Land Rover were 93,253 vehicles. Jaguar wholesales reached 10,324 vehicles, while Land Rover's reached 82,929 vehicles.