Business News Northeast - Latest Business Northeast News & Updates

18 May

Flipkart head of new biz Adarsh Menon quits

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, India

Adarsh Menon who is the new business head and senior vice president of Flipkart has reportedly submitted his papers for his own new venture. After his exit, Flipkart CEO Kalyan Krishnamurthy plans to restructure the team, reports said. On the development front, Pranab Tiwari has also reportedly been appointed as SVP. Menon joined Flipkart from HUL in 2015. He took up his new role 10 months ago, leading new businesses such as Flipkart's ShopSee, RickCommerce and Cleartrip. Previously, he was SVP and head of Wholesale and Walmart India. Menon was made head of the business in July 2022 when senior…

18 May

Monkey Shoulder’s Bartender Championship comes to Kolkata

Business Bureau0 CommentsBusiness

Monkey Shoulder, the free-spirited blended malt owned by William Grant & Sons, announced the sixth season of its 'Ultimate Bartender Championship'. The Kolkata city round culminated on 10th May at Olterra with over 100 talented bartenders from the city competing to win the mask. Hosted and judged by Monkey Shoulder India’s Brand Ambassador and Chief Monkey Officer, Gaurav Sareen, the event sawa gush of energy from a zealous group of bartenders paving their way through five exciting mixology challenges. The top finalists from Kolkata–Swastik from Sobasassy, Manoj from Sorano and Shubhobrata from Olterra emerged with flying colors and will now…

17 May

Google Plans to Delete Accounts That Haven’t Been Used in Over Two Years

Business Correspondent0 CommentsBusiness

The inactive google accounts which has remained unused for 2 years will be deleted by Alphabet Inc's Google as per the reports. This step has been taken in a bid to prevent security threats including hacks and this policy change will be applicable only for personal accounts not for organisations like Schools or businesses. The details which will be erased by deleting the accounts includes Gmail, Docs, Drive, Meet and Calendar, as well as YouTube and Google Photos. Prior to the deletion, notifications will be send to the account email address and recovery mail of the inactive google accounts.

17 May

NSDC partners with ISIEINDIA to organised India’s First Solar Car Rally

Business Bureau0 CommentsBusiness

The National Skill Development Corporation (NSDC) and the Imperial Society of Innovative Engineers (ISIEINDIA) collaborated to organise India's First Solar Car Rally, ISIE-Electric Solar Vehicle Championship - ESVC3000, which covered 350+ km in three days from Galgotias University, Greater Noida. The event was planned on the theme of the World Solar Challenge and covered 350+ km in three days. The solar vehicle championship promoted the adoption of electric vehicles, up skilling, road safety and the use of renewable energy. Over 1500 engineering graduates from 25 leading institutions and 18 states participated, with Vidyavardhini College of Engineering (Mumbai), Sinhgad College of…

17 May

Kotak Unveils Privy League, a Premium Banking Programme

Business Bureau0 CommentsBusiness

Kotak Mahindra Bank Limited (“KMBL”/”Kotak”) announced the launch of all new Privy League programme– an exclusive premium banking programme with unique lifestyle privileges & bespoke financial solutions curated for high net-worth individuals. As the flagship premium banking program of Kotak Mahindra Bank, Privy League has been crafted to celebrate the achievements of their customers by bringing to them unmatched lifestyle experiences and superior banking services. Mr Rohit Bhasin, President – Retail Liabilities Product and Chief Marketing Officer, Kotak Mahindra Bank Ltd, said “We are excited to launch our flagship premium banking programme – Privy League in a new avatar of…

17 May

HDFC Mutual Fund Launches India’s First Defence Fund

Priyanka Bhowmick0 CommentsBusiness, LifestyleIndia

HDFC Asset Management Co Ltd on Tuesday announced the country's first mutual fund focus on the defence sector, a move that will allow investors to tap into the space's growth prospects. HDFC Defense Fund's New Fund Offer (NFO), an open-ended equity scheme, will open on May 19 and close on June 2, HDFC AMC said in a statement.The fund will invest at least 80 percent of its net assets in companies in the defense and allied sectors.Stocks in the defense and allied sectors include stocks that form part of aerospace and defense; Explosives, shipbuilding, and allied services. "In a multi-faceted…

17 May

SPNI strengthens its focus on digital and Hindi language entertainment makes strategic leadership changes

Business Correspondent0 CommentsBusiness

Sony Pictures Networks India (SPNI) has made strategic leadership changes to align with its vision for the future. The goal is to enhance focus on priorities and ensure success in the rapidly evolving M&E industry. Under the new structure, Danish Khan will serve as Business Head for Sony LIV and Studio NEXT, exclusively focusing on digital offerings. Meanwhile, Neeraj Vyas will oversee SPNI's Hindi language entertainment as Business Head for SET, SAB, PAL, and Hindi Movies. Danish and Neeraj will report to the MD & CEO of SPNI, and an effective transition plan is currently in progress. These leadership changes…

17 May

All INDIA K-POP CONTEST BEGINS TO COMMEMORATE THE 50TH ANNIVERSARY

Business Correspondent0 CommentsBusiness

India gets on Korean wave, as K-POP Contest is back again to sweep you off your feet. LG Electronics in association with Korean Cultural Centre India announces the launch of All India KPOP Contest 2023 Presented by LG. Recently an MOU is signed between LG Electronics India & Korean Cultural Centre India. The fierce competition consists of four rounds: online, regional, semi-finale and grand finale. This year LG Electronics & Korean Cultural Centre India has received an overwhelming response with over 11,000 applications in the first round. Because of this participants submission date was extended by 2 days to 13th…

17 May

Zoom announces partnership with Anthropic

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, India

Zoom has become the latest technology company to ride this year's wave of artificial intelligence (AI) integration. The video conferencing platform announced in a press release Tuesday (May 16) that it is partnering — and investing — with AI firm Anthropic. The collaboration will integrate Anthropic's AI assistant, Claude, with Zoom's platform, starting with Zoom Contact Center. “With Claude guiding agents toward trustworthy resolutions and powering self-service for end-users, companies will be able to take customer relationships to another level,” said Smita Hashim, chief product officer for Zoom, in the release. Working with Anthropic, Hashim said, furthers the company’s goal…

17 May

India’s G20 Sherpa addresses 2nd day of 3rd ETWG meeting

Business Bureau0 CommentsBusiness

The 3rd Energy Transitions Working Group (ETWG) held its second day of the meeting in Mumbai on 16 May. Deliberations on the progress made on the draft Ministerial Communiqué were held during the meeting. Along with this an international seminar on 'Role of Small Modular Reactors in Energy Transition' was organized in collaboration with NITI Aayog, Department of Atomic Energy, and NTPC. Under India's G20 presidency, the first two Energy Transition Working Group meetings were held in Bengaluru and Gandhinagar respectively. Under India’s G20 presidency, the 3-day meeting, which began on May 15, was attended by over 100 delegates representing…