Business News Northeast - Latest Business Northeast News & Updates

30 May

Forest Essentials launches Yuvati Selection to support young girls and children

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The ancient Ayurvedic concept of Yuvati refers to the stage in life when a teenage girl comes of age and transforms into womanhood. Forest Essentials has launched the Yuvati Selection, which supports and gives back to aid the dreams of young girls and children across the country. Yuvati is a stage in life when a teenage girl comes of age, forging her own identity and path. The Yuvati by Forest Essentials collection is presented by 14-year-old Maleesha Kharwa to challenge societal stereotypes and the shackles of class and caste. A percentage of proceeds from the collection will be donated to…

30 May

Experts: Adult immunization is key to protect India’s 260 million ageing adults from vaccine-preventable diseases

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The World Health Organization (WHO) defines healthy ageing as “the process of developing and maintaining the functional ability that enables wellbeing in older age.”The WHO has also recognized adult immunization as one of the strategies for healthy ageing in their ‘Decade of Healthy Ageing – Baseline Report -2020’. The Indian population is ageing rapidly, with 404 million people above 50 years of age expected to increase to 404 million in 2036. This increases the risk of infectious diseases such as pneumonia, influenza, and shingles, which can be debilitating for ageing adults. Shingles is a viral disease that causes a painful…

30 May

TBZ Unveils its Spectacular Store in Kankurgachi, Kolkata

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Tribhovandas Bhimji Zaveri (TBZ) - The Original has announced the re-launch of its store in Kankurgachi, Kolkata. Sara Ali Khan, a Bollywood actress and brand ambassador, inaugurated the store on May 25, 2023. The re-launch signifies TBZ's dedication to establishing a brand presence in West Bengal and contributing to the thriving jewellery industry in the region. TBZ is a "Make In India" brand that takes pride in its identity as a "Make In India" brand. It has recently focused on the eastern region and is looking forward to growing faster. By strengthening its presence in the Kolkata market, TBZ aims…

29 May

HDFC PMC achieved Rs. 50,000 cr. AUM milestone

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HDFC Pension Management Company Ltd., the fastest growing legacy Pension Fund Manager under the National Pension System (NPS)has crossed the milestone of Rs. 50,000 cr. of Assets Under Management (AUM) on May 15th 2023. Since its launch in 2013, the Company, a wholly owned subsidiary of HDFC Life Insurance Company Ltd., has grown at a fast rate (see table below). The AUM size has grown 400% in a span of thirty three (33) months from a base AUM of Rs. 10,000 Cr. which was achieved in July 2020. HDFC Pensionis the fastest growing legacyPension Fund Manager in India, under Retail…

29 May

Galaxy Premium Cement organises Dealers Meet

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One of the leading and promising cement brands of North East Galaxy Premium Cement organises Dealers Meet recently. During the dealer meet a new brand Galaxy Premium Cement was formally launched for northern market. A large number of dealers from various districts of Assam and North Eastern states like Manipur, Mizoram, Meghalaya etc participated in the Galaxy Dealer Meet held at Kaziranga. The dealer meet was inaugurated by the lighting of the lamp by Ishaan Modi, Director , Galaxy Cement and other dignitaries. After that, expressing gratitude to all the associates of Galaxy Cement, Mr. Modi gave detailed information about…

29 May

adidas – official Kit sponsor of the Indian Cricket Team

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BCCI (Board of Control for Cricket in India) and adidas has entered into a brand-new partnership as the kit sponsor for the BCCI. The contract, which runs through to March 2028, will give adidas exclusive rights for manufacturing kit across all formats of the game.adidas will be the sole supplier for all match, training & travel wear for the BCCI, including the men’s, women’s & youth teams. Starting June 2023, Team India will be seen in the three stripes for the very first time and will debut their new kit during the World Test Championship Finals. The partnership between the…

29 May

Cummins India Limited upshot the quarter and year end for March 31, 2023

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Cummins India Limited (NSE: CUMMINSIND) The Board of Directors of Cummins India Limited (CIL), at their meeting held, reviewed, and approved the financial results for the quarter and year ended March 31, 2023. The year ended March 31, 2023 saw a 26% increase in total sales compared to the previous year. In the quarter ended March 31, 2023, total sales increased by 29% compared to the same quarter last year. CIL reported record revenue for the second financial year in a row, driven by strong domestic and export demand. Pricing actions and cost management resulted in a record profit, but…

29 May

Abans Holdings Limited reported a net profit of Rs. 70.3 crore

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Abans Holdings Limited reported strong financial performance for the fourth quarter and fiscal year 2023, showing significant growth across various financial metrics, reinforcing its position as a key player in the industry.Abans Holdings Limited reported a net profit of Rs. 70.3 crore in 2023, a 14% increase from the previous year. Operating profit grew 15% to Rs. 76 crore, and revenue from operation was Rs. 1,150.97 crore. Agency income increased 83% to Rs 43 crore, and EPS was Rs. 14.81 per share. Abans Holdings Limited aims to expand beyond its current holding company status and act as sponsors and investment…

28 May

PhonePe: The First Payment App to Link 2 Lakh Rupay Credit Cards to UPI

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PhonePe a leading Digital Wallet & online payment app has achieved a major milestone. The linkage of 2 lakh RuPay credit cards to UPI has been made possible by this online payment app. This will help customers to make in use their RuPay credit cards for transactions through UPI. "We are thrilled to partner with the National Payments Corporation of India (NPCI) and become the first payments app to link two lakh RuPay credit cards to UPI. We believe that RuPay cards on UPI will revolutionise the access and use of credit in the ecosystem, and we are committed to…

27 May

Go First Cancels All Flights Till May 30, Announces Full Refund

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An announcement has been made by Go First Airlines on Saturday that the flights cancellation has been extended till May 30 adding that a full refund will be given to the passengers. The official media account of Go First Airlines took to Twitter and said, "We regret to inform you that due to operational reasons, Go First flights scheduled till May 30, 2023, have been cancelled. We apologise for the inconvenience caused by the flight cancellations," it said. "A full refund will be issued to the original mode of payment shortly," the letter read.