Business News Northeast - Latest Business Northeast News & Updates

27 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 and…

27 May

Tata AIA Life implemented a digital campaign for Mizoram in Mizo language to increase life insurance awareness

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The Indian Insurance industry has collectively come together to drive insurance penetration in Mizoram. Tata AIA Life Insurance and IFFCO TOKIO General Insurance are leading the initiative, supported by Life Insurers and General Insurers from India's Private and Public Sectors. Under the leadership of the IRDAI, a committee of representatives from various Life and General Insurance companies have been working towards increasing awareness and penetration of life insurance in the state. As part of the process to discuss the progress of the initiatives and way ahead, a meeting was held in Mizoram under the guidance of Shri Lalramsanga Sailo, Secretary,…

27 May

HMD Global launched Nokia C32

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HMD Global, the home of Nokia phones, has launched the Nokia C32, the first smartphone in the popular C-series range with a 50MP Dual camera. It is powered by Android 13 and has a toughened glass finish for a premium feel.Nokia C32 is a new affordable design with a toughened glass back, dualtone finish, and elegant straight sidewalls. It has a bright 6.5’’HD+ display wrapped in three bold colours. The 50MPAI dualmain camera and 8MP selfie camera are supported by powerful imaging algorithms and equipped with a bespoke night mode with a powerful three-day 5000 mAh battery. Android 13 offers…

27 May

MAHE hosting W20-MAHE Women Vice Chancellors’ and Leaders’ Conclave in Bengaluru

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The Manipal Academy of Higher Education (MAHE) is hosting a "W20-MAHE Women Vice Chancellors' and Leaders' Conclave" in Bengaluru on 26-27 May 2023. W20 is the official G20 engagement group focused on gender equity, and its primary objective is to ensure that gender considerations are mainstreamed into G20 discussions. The event will be attended by over 40 women leaders from various parts of India to engage in meaningful discussions to advance equality for all those on the margins of development. Lt. Gen. Dr. M D Venkatesh and Dr. Sandya Purecha will deliver welcome address at MAHE campus. The discussions will…

27 May

MG Motor reaffirms its Commitment to Electric Mobility; Sold 10,000 ZS EVs in India

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MG Motor India has announced that its ZS EV has crossed 10,000 sales-mark in India. It is India's first pure-electric Internet SUV and is available in 2 variants (Excite & Exclusive) priced INR 23,38,000* and 27,29,800* respectively. The MG i-SMART is a 50.3kWh electric car with the largest prismatic cell battery in the world. It features 25.7cm HD Touchscreen Infotainment, Full Digital Cluster with 17.78cm Embedded LCD Screen, Dual Pane Panoramic Sky Roof, PM 2.5 Filter, Rear AC Vent, Digital Key with Bluetooth® Technology, Rear Drive Assist, 360 around view camera with Rear Parking Sensor, Hill Descent Control (HDC), Rain…

26 May

2nd National Floor Curling Championship 2023 backed by Religare

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The 2nd National Floor Curling Championship 2023 concluded in Itanagar, Arunachal Pradesh on Sunday, 21st May 2023. Religare, a leading financial services company, supported the event, bringing together 205 participants from all over India. Shri Pema Khandu, Dr Rashmi Saluja, and Padma Shree Yogeshwar Dutt attended the closing ceremony of the Championship, which was attended by prominent figures. Curling, a sport that involves sliding stones on ice, has immense potential in India, and the success of the 2nd National Floor Curling Championship 2023 highlights its importance. The Arunachal Pradesh Curling Association organised a sporting event under the aegis of the…

26 May

Coca-Cola India Collaborates with Zepto to Recycle PET Bottles in India

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Coca-Cola India and Zepto announced an expansion of their successful collaboration to reinforce their commitment to plastic circularity. The 'Return and Recycle' initiative was launched in November 2022 as a pilot project in select locations of Mumbai. It received an overwhelming response from consumers, with over 100kgs of PET bottles collected and recycled as part of the 60-day pilot. Zepto and Coca Cola are collaborating to digitize their collection strategy by leveraging e-commerce platforms. Collection bins will be deployed across hundreds of Zepto delivery hubs in Delhi NCR, Mumbai, Bangalore, Hyderabad, Chennai, Pune, and Kolkata. Coca-Cola India's partnership with Zepto…

26 May

Hero Motocorp Launched OBD-II & E20 Compliant Xpulse 200 4V

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In keeping with its firm commitment to bring cleaner and technologically-advanced mobility solutions, Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, launched the all-new OBD-II and E20 compliant adventure motorcycle -XPulse 200 4Valve. The Hero XPulse 200 4V is a motorcycle with an E20 compliant engine that can run on ethanol-blended gasoline mixtures of up to 20%. It also has On-Board Diagnostics (OBD), a self-diagnostics system, that helps in detecting any errors or malfunctions in the vehicle and brings it to the user's attention via a malfunction indicator light (MIL). It is designed to conquer all terrains for…

26 May

As Report Snapchat Reaches Over 200 million active users

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Snap Inc. announced a milestone of over 200 million monthly active Snapchatters in India, one of the company’s leading global growth markets. Snap continues to invest in India through a localised platform experience, local content initiatives and partnerships, and a dedicated focus on regional creators via Spotlight and Stories, all helping Snap reach this significant milestone. Snapchat has been successful in India, with more than 120 Million Indian Snapchatters watching content across Stories and Spotlight. Spotlight, Snapchat's user-generated entertainment platform, is growing significantly in India, empowering a new generation of creators to build audiences and make their passion for content…

26 May

RAI ORGANISED FIRST NORTH-EAST RETAILERS CONCLAVE IN GUWAHATI

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Retailers Association of India (RAI) organized the first edition of the North-East Retailers Conclave along with Open Network for Digital Commerce (ONDC) as a presenting partner to evangelize retailers in the region about the concept of ONDC and how the ONDC network can add value to small businesses in the region. The North-East Retailers Conclave was inaugurated by Founder of AM Television Pvt. Ltd. Dr. Sanjiv Narain by lightning the lamp in presence of Kumar Rajagopalan, CEO, Retailers Association of India (RAI), Marichi Mathur (VP-ONDC), Vikram Bothra, North East Chapter Convenor, Retailers Association of India (RAI), Director of Bhagwati Sales…