Business News Northeast - Latest Business Northeast News & Updates

03 Jul

HMSI celebrates 3 crore Activa sales milestone

Business Bureau0 CommentsBusiness

HMSI announced that Activa, India's top-selling scooter brand, achieved a 3 crore customers mark, marking a historic milestone in the two-wheeler industry. This highlights HMSI's dominance in the market and their commitment to providing reliable and top-notch two-wheeler mobility. Honda Activa has become the undisputed leader in the scooter segment in India, with a 3 crore Indian family dreaming of owning one. In just three years, the company crossed the 10 lakh cumulative customers milestone. The Activa brand achieved a 1 crore customer milestone in 15 years, leading the scooter market in India. As demand for scooters increased, the brand…

03 Jul

Sebi slaps Rs 30 Lakh penalty on Vedanta

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, India

The Securities and Exchange Board of India (Sebi) has imposed a fine of Rs 30,00,000 on Vedanta Ltd for violating listing and disclosure norms. Vedanta will have to pay within 45 days of receiving the order, the regulator said. Sebi fines mining major for misrepresentations related to plans to enter the semiconductor business. On February 14, 2022, news began circulating that Vedanta had partnered with Foxconn to manufacture semiconductors in India. Following this, the stock exchange sought an explanation from Vedanta, to which the company replied that the said business would be managed by the holding company Vulcan Investments Limited.…

03 Jul

Vi Business launches #ReadyForNext 2.0 to help MSMEs

Business Bureau0 CommentsBusiness

On the occasion of World MSME Day, Vi Business, the enterprise arm of leading telecom operator Vodafone Idea (Vi), has once again reiterated its commitment to catalyse the digitalization of MSMEs for enabling inclusive growth of the economy.Having conducted the largest assessment of India’s MSME sector, covering nearly 1-Lakh respondents across 16 industries - Vi Business shared insights on the digital readiness of MSMEs. The study is aimed at understanding the digital maturity of MSMEs and their level of digital adoption. The 16 industries include Media & Entertainment, Manufacturing, IT & ITes, Education, Logistics, Professional Services, Banking, Construction, Mining etc.With…

01 Jul

Bihar’s first transgender restaurant ‘Satrangi dostana Restro’ opens in Patna

Business Correspondent0 CommentsBusiness

LGBTQAI community in Bihar's Patna took an initiative to uplift themselves in the society and created an atmosphere of employment by setting up a restaurant called "Satrangi dostana Restro" in Patna today. The inauguration ceremony of restaurant was performed on 23rd of june by US consulate-general Melinda Pavek and Patna Mayor Sita Sahu. The idea behind establishing the restaurant-cum-cafe was given by the secretary of a transgender NGO " Dostana Safar" Reshma Prasad. Talking to The Statesman, Reshma Prasad said, "Our organisation is very active vis-a-vis the LGBTQAI people in the entire state. Way back in 2012, we had organised…

01 Jul

Allied Blenders releases Officer’s Choice blended Scotch whisky to celebrate 35 years

Business Bureau0 CommentsBusiness

Allied Blenders & Distillers Limited (ABD India) has released a Limited Edition Officer's Choice Blended Scotch Whisky to celebrate its 35-year journey since 1988. Made in Scotland, the whiskey pays tribute to the brand's global top 3 ranking since 2013. The Limited-Edition Officer’s Choice Blended Scotch Whisky to mark the 35-year milestone is only of a single batch, comprising 12,156 bottles fully imported from Scotland. The blend is sweet and spicy, yet light for bouquet, with an exceptional mouthfeel. The brand will be available in exclusive stores in select states of India. Shekhar Ramamurthy, Executive Deputy Chairman at ABD India…

01 Jul

Shyam Metalics hosts a business partners meeting

Business Bureau0 CommentsBusiness

India’s leading integrated metal producer, Shyam Metalics recently hosted a business partners meeting to acknowledge exceptional accomplishments while unveiling an innovative business model in the burgeoning North-East India market. With a strong presence in West Bengal, Odisha and recent launch into Central India - Shyam Metalics is poised to fortify its market position in the region. As one of India’s leading steel bar manufacturers Shyam Metalics has firmly established its position. The company excels in manufacturing and selling top-quality steel products. Its diverse range of offerings includes iron pellets, sponge iron, steel billets, TMT bars, structural products, wire rods, and…

01 Jul

Alcon announces the expansion of the partnership with Plastic Bank

Business Bureau0 CommentsBusiness

Alcon, the global leader in eye care dedicated to helping people see brilliantly, today announced the expansion of the partnership with Plastic Bank – an organization that builds recycling ecosystems in under-developed communities to fight plastic pollution while providing collection members with a path out of poverty. For each ton of plastic introduced in the marketplace, Plastic Bank will collect an equivalent amount of ocean-bound plastic in vulnerable coastal communities. In 2022, Plastic Bank removed more than 649,000 kilograms (kg) of plastic waste from the environment to offset the plastic used by Alcon forselect Surgical and Vision Care products. Alcon…

01 Jul

Amazon India hosts Prime Day 2023, celebrating ‘Discover Joy’

Business Bureau0 CommentsBusiness

Amazon India is hosting its seventh annual Prime Day 2023, starting from 12:00 AM on July 15-16, 2023. This two-day celebration offers great deals, savings, blockbuster entertainment, new launches, and more. Prime members can relax, enjoy blockbuster entertainment, and shop to their heart's content during the two-day shopping event. Amazon Prime Day features 45,000+ product launches from 400+ Indian and global brands, including OnePlus, iQOO, RealmeNarzo, Samsung, Motorola, boAt, Sony, Allen Solly, Lifestyle, Titan, Fossil, Puma, Tata, Dabur, and 2000+ small and medium businesses. Prime members can book flights and hotels, enjoy unmatched delivery, and save 10% on payments using…

01 Jul

Apple has officially become the world’s first $3 trillion company

Priyanka Bhowmick0 CommentsBusinessInternational

Apple Inc's market capitalization breached the $3 trillion mark again on Friday, as investors bet on the iPhone maker's ability to grow revenue even as it explores new markets such as virtual reality.Shares of Apple, the world's most valuable listed company, rose 0.9% to $191.4 in morning trading. Apple's market value briefly topped $3 trillion on January 3, 2022, before closing the session just below that mark.The latest gains in Apple shares came as the technology stock rebounded on bets that the Federal Reserve could slow its interest rate hikes as well as buzz around artificial intelligence.

01 Jul

Honda Racing India wins round 2 of 2023 FIM Asia Road Racing Championship

Business Bureau0 CommentsBusiness

Kavin Samaar Quintal, a rider for IDEMITSU Honda Racing India, achieved another victory in race 2 of round 3 of the 2023 FIM Asia Road Racing Championship in Japan. Maintaining steadiness and displaying finesse performance in one of the most challenging tracks, solo Indian team rider Kavin Samaar Quintal competed well in finishing the race at TOP 10. Kavin, starting 18th, applied his learnings and strategies to give tough competition to experienced international riders. He moved 11th in the first few laps and crossed the chequered line at 8th with a lap time of 20' 24.717, earning 8 valuable points…