Business News Northeast - Latest Business Northeast News & Updates

03 Jul

IBM signed an MoU with Directorate General Resettlement

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IBM (NYSE: IBM) announced the signing of a Memorandum of Understanding (MoU) with the Directorate General Resettlement (DGR), to engage ex-servicemen in work opportunities and facilitate their seamless integration into the civilian workforce. Through this MoU, IBM will collaborate with DGR to tap into the rich talent pool ofex-servicemen for relevant job opportunities that may continue to arise at the company and/or its affiliates. IBM and DGR aim to bridge the gap between military service and civilian employment by offering veterans professional growth and personal development opportunities. They will collaborate to identify ex-servicemen with suitable skills for open positions, and…

03 Jul

Tata Motors witnessed 18% growth in rural areas in Assam

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Tata Motors, India’s leading automobile manufacturer and the pioneer of India’s EV evolution, continues to exhibit significant growth across the state of Assam with a market share of 93% in FY23. The portfolio is witnessing increased acceptance in rural areas, with an 18% growth (April 2023). The growth in electric vehicles (EVs) is attributed to increased awareness, charging infrastructure expansion, 34 strategically placed stations, a strong network of 28 sales outlets, 4 authorized service setups, and positive customer word of mouth. Tata Motors' Tiago.ev has revolutionized electric vehicles in India, becoming the fastest booked EV and delivering 10,000 units in…

03 Jul

Nexon EV Celebrates 50,000 Sales Milestone

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Tata Motors, India's leading automobile manufacturer, has achieved the 50K sales mark for its bestselling EV, the Nexon EV. Launched in 2020, the EV revolutionized the Indian market by providing a first-hand EV experience and enabling India's journey to electrified mobility. The EV has broken barriers and enabled India's journey to electrified mobility. The Nexon EV is sold in over 500 cities in India and has driven over 900 million km, showcasing the confidence of the 50K strong community. On average, owners drive 6.3 million km per month on intercity and outstation trips. India's growing charging infrastructure, with over 6,000…

03 Jul

MSDE undertakes deliberation to redesign and reinvigorate the role of Sector Skill Councils

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National Skill Development Corporation (NSDC) and National Council for Vocational Education and Training (NCVET), under the aegis of Ministry of Skill Development and Entrepreneurship (MSDE) through Sector Skill Councils (SCCs) demonstrated its unwavering commitment to make vocational education and skill training aspirational for Indian youth through strengthening the public-private partnership. MSDE held a workshop to emphasize the importance of Skill Development Centres (SSCs) in enhancing the skill ecosystem and responding to industry needs. The workshop focused on the need for industry-driven skill training programs for various job roles across different sectors. The workshop featured Shri Atul Kumar Tiwari, Secretary of…

03 Jul

Ganglia Technologies chosen for Singapore-India-Hackathon 2023

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Ganglia Technologies Private Limited, an outcome of the research, innovation, and entrepreneurial emphasis of Kasturba Medical (KMC) and Manipal Institute of Technology (MIT), Manipal Academy of Higher Education (MAHE), is among the 12 start-ups in India's start-up category and has been shortlisted as one of the 24 start-ups for the prestigious Singapore-India Hackathon 2023. The milestone has been achieved through the tireless efforts of the Chairman, Dr Jayaraj Mymbilly Balakrishnan, Professor, Department of Emergency Medicine, KMC, Manipal, MAHE, ably supported by the MD and CEO, Dr Dasharathraj K Shetty, Associate Professor, Department of Data Science and Computer Applications, MIT, Manipal, MAHE…

03 Jul

Boeing CEO discusses eight decades of aerospace partnership with Modi

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Boeing President and CEO David L. Calhoun discussed Boeing's eight decades of aerospace partnership with India in Washington, D.C., emphasizing the importance of this partnership.Boeing continues to build on its longstanding commitment to India’s commercial aviation and defense sectors. This week at the Paris Air Show, Boeing announced new services contracts in India, as well as the finalization of Air India’s order of up to 290 new Boeing jets. Boeing is a global aerospace company that develops, manufactures, and services commercial airplanes, defense products, and space systems for customers in over 150 countries. As a top U.S. exporter, Boeing leverages…

03 Jul

Tata AIA Launches Industry-First Premium Payments via WhatsApp and UPI

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Tata AIA Life Insurance introduces digital payments via WhatsApp and Unified Payment Interfaces, enhancing consumer obsession and offering instant premium payments through WhatsApp and UPI-enabled options. The newly added payment option is first-of-its-kind in the insurance industry. The seamless process enables digital premium payments, quick confirmation, and acknowledgement, making it easy for both tech and non-tech-savvy consumers, providing a hassle-free premium payment experience. WhatsApp and UPI have become household messaging and payment facilities, respectively, in India. The country has close to 500 million WhatsApp users today and more than 300 million UPI users. Tata AIA utilizes new-age platforms for premium…

03 Jul

Sony unveils BRAVIA X90L series with offering vibrant contrast and XR cognitive processor.

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Sony India announced the new BRAVIA XR X90L series powered by the next generation Cognitive Processor XR. The newly launched series takes vision and sound to the next level that thinks like a human brain offering a complete immersion in an experience that thrills and moves you and feels just like the world around us. In addition to best-in-class, ultra-realistic picture quality, full of lifelike contrast, the Cognitive Processor XR also offers incredible sound with sound-from-picture reality. The BRAVIA XR range of televisions and PS5 gaming consoles are offering a significant discount up to Rs.24,000/- on combo purchases. These devices…

03 Jul

Adani Foundation Concludes Nationwide Blood Donation Drive

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The Adani Foundation, the Adani Group's community engagement arm, completed a nationwide blood donation drive, collecting 20,621 units in over 250 sites across 22 states. The drive was held in honor of Sh. Gautam Adani's 61st birthday, marking the inaugural 'Adani Day', which will be an annual event. The voluntary blood donation drive, organized under the guidance and support of the Adani Healthcare team, witnessed an overwhelming response from Adanians. Over 3,000 staff members collected 20,621 units of blood, equivalent to 8,200 litres, this year, surpassing the previous year's 14,657 units. The collection is expected to improve and save over…

03 Jul

Bandhan Bank now has more than 1,500 branches

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Bandhan Bank has achieved a milestone of tripling its branch presence in less than 8 years of its operations. The Bank now has a total of more than 1,500 bank branches. With a network of another 4,500 banking units that the Bank already has, the total number of banking outlets is now more than 6,000 across the country. The Bank currently serves more than 3 crore customers through a strong network of over 6,000 banking outlets spread across 34 states and union territories in India. The Bank has achieved significant strides in its journey of diversification of its asset book…