Business News Northeast - Latest Business Northeast News & Updates

22 Jun

TOPCEM CEMENT’S 5th EDITION OF “FREE CLEFT LIP AND PALATE SURGERY” FOR THE CHILDREN OF ASSAM

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Topcem Cement, a leading cement manufacturing company of Northeast India announced the launch of 5th edition of its flagship Initiative “Free Cleft Lip and Palate Surgery Camp” today. This initiative has been implemented in association with Mission Smile, a Government registered Medical Charitable Trust. A total number of 25 nos. children from Assam will be provided free of cost cleft lip deformities and palate surgery by Topcem Cement at the Mission Smile’s Guwahati Comprehensive Cleft Lip Centre, headquartered at the Mahendra Mohan Choudhury Hospital, Guwahati, under the supervision of competent doctors from June 22 to June 26,2023. Launching the flagship…

22 Jun

Eicher is expanding Dealership Network

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A business unit of VE Commercial Vehicles (VECV), Eicher Trucks & Buses has been making remarkable strides in the Indian truck industry by revolutionizing its service ecosystem and playing a leading role in delivering Uptime for its truck and bus customers. It is a crucial factor to ensure higher utilization of vehicles in today’s time-bound, 21st century business requirements. Eicher Trucks & Buses was the first CV manufacturer in India to recognize the increasing importance of maximizing fleet uptime and addressing customer needs promptly, leading to the establishment of the Uptime Centre in 2020. The groundbreaking initiative connects Eicher's entire…

22 Jun

INS Kiltan Arrives at Chittagong

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Indian Naval Ship, INS Kiltan arrived at Chittagong on Monday for a three-day goodwill visit as part of the ongoing close cooperation between the both Navy. Commanding officers from both sides also engaged in discussions of mutual interest across maritime cooperation and security. The Indian High Commission in Dhaka tweeted, “Indian Naval Ship Kiltan, commanded by Cdr Arjit Pande arrived in Chattogram for a three day visit as part of the ongoing close cooperation between Indian and Bangladesh Navies. The ship was given a warm welcome by Bangladesh Navy.” INS Kiltan is the third ship of P28 class Anti-Submarine Warfare…

22 Jun

G20 Agriculture Ministerial Meeting organized in Hyderabad

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The Ministerial Meeting of the Agriculture Working Group (AWG) is being held in Hyderabad from June 15-17. Kailash Choudhary, Minister of State for Agriculture and Family Welfare, inaugurated an Agri-based exhibition at the Hyderabad International Convention Center (HICC). Over 200 delegates from G20 member states, invited countries, and 10 international organizations attended the three-day meeting. The first day of the meeting focused on key priorities such as food security, millets, climate-smart agriculture, digital transformation, and the preparation of an outcome document. Agriculture and Farmers Welfare Secretary Manoj Ahuja and agricultural representatives discussed topics such as earth and management of Agribusiness…

22 Jun

Tata AIA stood among the Top 3 Private Life Insurers in IWNBP for FY23

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Tata AIA Life Insurance Co. Ltd. (Tata AIA) reported an Individual Weighted New Business Premium income of INR 7,093Crin FY 2022-23, an increase of 59% over INR 4,455 Cr in the Financial Year 2021-22. This performance places the Company 3rdamong private life insurers in IWNBP incomes. The Total Premium Income for the fiscal grew by 42% to INR 20,503Cr. Compared to INR 14,445 Cr in the previous year. During the year, Net Profit grew by 615% to INR 506 Cr. from INR 71 Cr. In FY22 Tata AIA Life's Retail Sum Assured has grown from INR 3,07,804 Cr to INR…

22 Jun

Vi brings Live Darshan of Lord JagannathRathYatra, Puri

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The RathYatra festival of Lord Jagannath at Puri is one of India's most anticipated cultural and religious events. Vi, India's leading telecom services provider, has arranged for Live streaming of the annual journey of Lord Jagannath, Balabhadra and Subhadra to the Gundicha temple. This will allow devotees of Lord Jagannath to experience the divine spectacle. Vi customers will be able to watch the PuriRathYatra Live on ViMovies & TV and the Vi App, in partnership with ShemarooMe. The Lord Jagannath RathYatra 2023 will commence at 7.30 AM on Tuesday, 20th June 2023 and culminate at 6 pm the same day.…

22 Jun

ICICI Bank expand its footprint in Kalyani with new branch

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ICICI Bank has set up a new branch in Kalyani city, Nadia, with an ATM and Cash Recycler Machine (CRM) to offer cash deposit and withdrawal services. The machine is available round the clock. Dr. Ramji Singh, Executive Director, AIIMS Kalyani, Prof. Prasanta K. Panigrahi, Director, IISER Kolkata and Mr. Kartick Chandra Singha, Chairman, Samannoy Committee, Nadia inaugurated the branch. The branch offers a range of accounts, deposits, and loans, including savings and current accounts, fixed and recurring deposits, business loan, home loan, personal loan, auto loan, gold loan, and forex services. It operates from 9:30 am to 3:00 pm…

22 Jun

UTI Mid Cap Fund is open to investing in good companies

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UTI Mid Cap Fund came into existence on April 7, 2004. It is an open ended equity scheme investing predominantly in mid cap companies. The Fund’s strategy focuses on investing in companies with scalable business models and a long growth runway. The Fund is also open to investing in good companies whose businesses are going through a transitory phase of weakness or undergoing a transformation. The Fund pursues a pure bottom-up stock selection approach to pick businesses with healthy financials and potential for sustenance of margins over a period of time. The Fund also has a well-diversified portfolio with about…

22 Jun

Tally Solutions eyes 2X growth, launches TallyPrime 3.0

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Tally Solutions, India's leading business management software provider, has announced the launch of TallyPrime 3.0, a revamped GST solution, improved reporting capabilities, and better capabilities to help businesses collect outstanding dues faster. Tally Solutions hopes this release will help double its revenue and take its customer base from 2.3 to 3.5 million customers in the next couple of years. TallyPrime 3.0 offers multi-GSTIN capability and a digital payment request feature. Customers can make payments through various modes, such as debit and credit cards, EMIs, Pay Later, Net banking, UPI and mobile wallets. Tally has collaborated with PayU and Razorpay as…

21 Jun

India to soon have standard body sizes for apparel sector, says Textiles Minister Goyal

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Piyush Goyal, the Union Textiles Minister revealed on Tuesday that India is soon going to release it's own standard sizes for apparel and shoes. He also added that only final touches are pending to be concluded after that we don't have to rely on British size system. However, the work is also on to standardise the Indian footwear size but comparatively it will take a longer time, he added. "The faculty members of the National Institute of Fashion Technology, who conducted the survey (after) travelling to every state, have done very good work. A presentation (of the survey) was made…