Business News Northeast - Latest Business Northeast News & Updates

17 Jun

Kochi organised the 3rd G20 Framework Working Group Meeting

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The 3rd Framework Working Group is being convened under India's G20 Presidency from June 13-14 2023 in Kochi, Kerala. It wasco-chaired by Dr. V. Ananth Nageswaran, Chief Economic Adviser, Union Ministry of Finance, and Tom Hemingway, Deputy Director of the Treasury, and focused on global macroeconomic issues of current relevance. Over 75 delegates from G-20 member states, invited countries and various international and regional organizations participated in the meeting. On the sidelines of the meeting, a panel discussion on “Financial Globalization – Opportunities and Risks” will be organized on the second day of the meeting. The panel will be moderated…

17 Jun

G20 Development Ministers’ meeting Concludes in Varanasi

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After the successful completion of the G20 Development Ministers' meeting in Varanasi, the G20 delegates visited the historic Sarnath in Uttar Pradesh on June 13, 2023, Tuesday. They were accompanied by External Affairs Minister S. Jaishankar. Foreign delegates saw ancient ruins, monuments, Dhamek Stupa, hermitage place, museum,etc during their visit. Along with this, Foreign Minister, Dr. S. Jaishankar was also seen giving information about the historical place. The G20 Development Ministers' Conference in Varanasi adopted an ambitious seven-year action plan presented by India to accelerate progress on the Sustainable Development Goals (SDGs) by the G20 countries. Additionally, a document was…

17 Jun

HMSI launched OBD2 compliant 2023 Unicorn

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Delighting its customers, Honda Motorcycle & Scooter India launched the new OBD2 compliant 2023 Unicorn. The 2023 Unicorn is a premium motorcycle with a BSVI OBD2 compliant 160cc PGM-FI engine with a compression ratio of 10:1. It is equipped with ABS (Anti-brake system) and tubeless tyres to prevent punctures. The Rear Mono Shock suspension is housed below the seat and mounted on the diamond frame, offering superior riding comfort and stability. The high ground clearance and long wheelbase inspire confidence and comfort, and the long seat provides ample space for comfortable long-distance travel. The Engine Stop Switch provides convenience of…

17 Jun

Tally Solutions launches TallyPrime 3.0 – Simplicity ka Naya Avatar

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Tally Solutions, India's leading business management software provider, today, announces the launch of TallyPrime 3.0. With this latest release, comes a completely revamped GST solution, significant improvements in the reporting capability, and better capabilities to help businesses collect outstanding dues faster. Tally Solutions hopes this release will be a steppingstone to 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 a multi-GSTIN capability, allowing users to manage multiple GSTIN data in a single Tally Company. It also offers a digital payment request feature, enabling businesses to…

17 Jun

Mizoram State govt joins hand with Momentum Routine Immunization Project

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The MOMENTUM Routine Immunization project, in collaboration with the Government of Mizoram, recently organized a "Learning and Experience Sharing Meeting" in the presence of Dr. R. Lalthangliana, Minister of Health, Mizoram. The meeting acknowledged the invaluable contribution of the project and its partners, Mission Foundation Movement (MFM) and Church’s Auxiliary for Social Action (CASA). The event was attended by state government officials, beneficiaries, and influential members of the community, who shared their experiences of the project. The Project partnered with local change agents, NGOs, ANM workers, and others to mobilize communities and increase COVID-19 vaccine uptake among vulnerable and marginalized…

16 Jun

KMBL announced the launch of ActivMoney

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Kotak Mahindra Bank Limited (KMBL) announced the launch of its ActivMoney feature, which gives customers the benefit of FD like interest up to 7%* p.a. and the flexibility to access their funds anytime. Through ActivMoney, excess funds in the account are automatically transferred into a Fixed Deposit, allowing customers to earn higher interest on their savings. The cumulative Savings Account deposit of all scheduled commercial banks in India is Rs 62.9 lakh crore, earning an industry average of 3.5% interest p.a. ActivMoney offers a 7%* p.a. interest rate for 180 days and no premature withdrawal charges, offering the customer the…

16 Jun

Hero Motocorp unveils iconic motorcycle Passion+ in refreshed avatar

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Hero MotoCorp, the world's largest manufacturer of motorcycles and scooters, has introduced the Passion+, a stylish and tech-loaded product. Passion+ is a perfect combination of style, comfort, and convenience, making it an ideal choice for daily commutes. It builds on the legacy of the iconic brand Passion, with a fresh touch to its youthful design while enhancing utility and comfort. The Hero Passion+ embodies nostalgia and remains contemporary, with a fresh masculine look enhanced by stylish graphics and a chrome finish. The Biggest Utility Case offers comfort and convenience. It has a Digi Analogue cluster that integrates i3S button. Rider…

16 Jun

Skill India celebrates the launch of the New Parliament Building, built by its own people

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Skill India celebrates the remarkable achievement of training 910 skilled carpenters who played a crucial role in the construction of the new state of the artparliament building, inaugurated by our Hon’ble Prime Minister, Shri Narendra Modi in New Delhi on May 28th, 2023. The successful construction of the parliament building is a testament to India's people, who have received transformative training through the Recognition of Prior Learning (RPL) programme under PMKVY, which has been recognized and enhanced by the Skill India Mission.The Furniture and Fitting Skill Council (FFSC) of MSDE, NDMC, and NARSI Group conducted a comprehensive training for the…

16 Jun

FY23 reports, Mahindra Last Mile Mobility is India’s No. 1 electric 3-wheeler manufacturer

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Mahindra Last Mile Mobility (LMM), a division of Mahindra& Mahindra, has cemented its No.1* electric 3-wheeler manufacturer status in FY23. During this period, LMM sold 36816 EVs and had a market share of 14.6%. The widespread 1150 touchpoints across India, 10 000+ charging stations set up, and the Mahindra brand reliability have helped LMM retain its No.1 EV manufacturer position. LMM added a 3-wheeler EV, the Zor Grand, to its electric portfolio in FY23, leading to an order book of over 23 000 vehicles. It also sold a whopping one lakh 3-wheeler EVs, strengthening its No.1* 3-wheeler EV manufacturer position.Mahindra…

16 Jun

Dharampal Satyapal Group acquires expand its confectionary portfolio

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Dharampal Satyapal Group (DS Group), a multi-business corporation and a leading FMCG Conglomerate announced the acquisition of The Good Stuff Pvt Ltd (formerly known as Global CP Pvt Ltd), brand owner of LuvIt Chocolate and confectionary, earlier owned by Goldman Sachs and Mitsui Ventures. This acquisition is a strategic move to grow and strengthen the Group’s Confectionary portfolio, whilst widening its distribution reach across grocery and other retail outlets. DS Group entered the confectionary business in 2012 and has a strong portfolio of non-chocolate brands such as Pass Pass, Pulse, Chingles, Rajnigandha Silver Pearls, Maze and the recent partnership with…