Business News Northeast - Latest Business Northeast News & Updates

13 May

Sittwe Port in Myanmar to boost development of NE states

Business Bureau0 CommentsBusiness

India and Myanmar on Tuesday inaugurated the Sittwe Port in Rakhine State, marking an important milestone in boosting bilateral and regional trade as well as contributing to the state's local economy. The commissioning of Sittwe port will provide better connectivity, increase employment opportunities and increase the scope of development in the region. The port's location makes it strategically important for India's Act East Policy, which aims to strengthen ties with the Asia-Pacific region. The Union Minister for Ports, Shipping & Waterways and AYUSH, Sarbananda Sonowal and the Deputy Prime Minister of Myanmar, Admiral Aung San were present at the inauguration…

13 May

Royaloak Furniture launches its new store in Siliguri

Business Bureau0 CommentsBusiness

Royaloak, India’s No. 1 Furniture Brand has launched its new store at Siliguri. Royaloak is known for its widest range of products like sofas, recliners, dining, mattress, beds, décor & a comprehensive range of office & outdoor furniture. This range comprises of ‘International Country Collection’ which feature the finest and the most unique furniture from America, Italy, Vietnam, Turkey, German, Malaysia & India. Ranjan Sarkar, Deputy Mayor, Siliguri Municipal Corporation inaugurated the store through lamp lighting in the presence of Vijai Subramaniam (Chairman, Royaloak) along with Mathan Subramaniam (MD, Royaloak), Abhijit Bhowmick, Biswanath Ghosh & Mrs. Mitali Ghosh (Franchise owners),…

13 May

Elon Musk confirms Linda Yaccarino as the new Twitter CEO

Priyanka Bhowmick0 CommentsBusiness, InternationalBusiness, International

Linda Yaccarino, widely publicized to become Twitter's new CEO, has resigned as head of advertising from NBCUniversal, effective immediately. Earlier on Friday, Musk said he had found a new chief executive for the social media site but did not name the person. NBC parent Comcast CMCSA. also said last month that NBCUniversal CEO Jeff Shell was leaving after admitting to an inappropriate relationship with a woman at the company, his departure another major blow to the company following an allegation that prompted an investigation. Advertising President Mark Marshall will step down as interim chairman of NBCUniversal's advertising and partnerships group.…

12 May

#BoycottStarbucks trends online for an inclusive advert

Business Correspondent0 CommentsBusiness

Coffeehouse Company Starbucks has filmed a new advertisement and released it on their social media platforms. The newly designed ad features a transgender woman who visits coffee house to meet her parents. The transgender woman was named as Arpit by her father but later on after realising the reality she named herself as Arpita and started dressing as a girl, due to which her father was disappointed and was not willing to accept her. But when she went to meet her parents in coffee outlet after a longtime, her dad orders the coffee, the Starbucks employee calls her name out…

12 May

Elon Musk says he has hired new CEO of Twitter

Business Correspondent0 CommentsBusiness

Elon Musk has announced that he will stepdown from the post of Twitter CEO and has found a new CEO, the name of the same has not been publicized yet. But he gave a hint that the hired CEO is a woman and will take over the responsibility in roughly 6 weeks. "My role will transition to being exec chair & CTO, overseeing product, software & sysops," the billionaire added in a tweet about the announcement. Earlier, while testifying, Musk said 'I expect to reduce my time at Twitter and find somebody else to run Twitter over time.' After few…

12 May

IBM to enhanced data security with the help of End-to-End Quantum-Safe Technology

Business Bureau0 CommentsBusiness

IBM announced new IBM Quantum Safe technology, a comprehensive set of tools and capabilities combined with IBM's deep security expertise, designed to help organizations prepare for the post-quantum era. It is designed to be an end-to-end solution for organizations, including governmental agencies, as they prepare for the post-quantum era. IBM has developed IBM Quantum Safe technology to protect against security risks associated with quantum technology, such as the ability to break the most widely used security protocols. This technology is based on its expertise in cryptography, quantum computing, and critical infrastructure. IBM Quantum Safe Explorer, Advisor, and Remediator are capabilities…

12 May

Spark Minda Wipers offers durable and long-lasting, ensuring safe driving

Business Bureau0 CommentsBusiness

Spark Minda has announced the availability of premium soft wiper blades for four-wheeler SUVs, MUVs, Commercial Vehicles and three-wheelers. Spark Minda strives to provide customers with the best choice to upgrade their wiper blades, ensuring clear visibility and safe driving experience. Spark Minda continues to be one of the leading players in the wiper category. Designed to provide clear and unobstructed visibility even during extreme weather conditions, Spark Minda wipers ensure utmost safety while driving. Wipers ensure perfect vision through Wind Shield Glass by making things visible in their actual size, guaranteeing the safety of the driver. Spark Minda wiper…

12 May

Experience EVs at their MAX, with the new Nexon EV MAX

Business Bureau0 CommentsBusiness

Tata Motors has launched the Nexon EV MAX, an extension to its bestselling EV in the personal mobility segment, at an attractive starting price of NPR 46.49 lakh for 7.2 kW charging option in Nepal. This launch is taking the lead to enhance the appeal of EVs and expand the market with a new offering for customers looking for longer intercity travel. The Nexon EV MAX is powered by Ziptron technology and will come in 3 exciting colours: Intensi-Teal, Daytona Grey and Pristine White. It has a 40.5 kWh Lithium-ion battery pack and an ARAI certified range of 453 km.…

12 May

BASF launches two new herbicides to support rice and tea farmers

Business Bureau0 CommentsBusiness

BASF has launched two new herbicides, Facet and Duvelon, to support rice and tea farmers safeguard their crops from invasive weeds. The new launches will be of help to the farmers as the control of problematic weeds is one of the key challenges for farmers growing rice and tea in India, preventing them from harvesting high-quality produce. Facet delivers efficient and reliable weed control. The pioneering solution is powered by BASF’s active ingredient, Quinclorac, in a specialized formulation. It has a mode of action different from many prevailing rice herbicides. Duvelon powered by Kixor Active is an innovative solution for…

12 May

UTI Flexi Cap Fund – A flexi-cap portfolio

Business Bureau0 CommentsBusiness

UTI Flexi Cap Fund – It is one mutual fund product category that investors can look for investing in meeting long-term wealth creation goals. Flexi-cap funds are open-ended equity funds investing at least 65% of total assets are invested in equity assets of companies across the different market capitalizations viz., large-cap, mid-cap or small-cap fund. UTI Flexi Cap Fund is one of the oldest funds in the category (launched in 1992) and has a long-term track record of consistent performance. The Fund has a corpus of over Rs. 24,237-Crore and trusted by over 18.55 Lakh investors (as on April 30,…