Business News Northeast - Latest Business Northeast News & Updates

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,…

12 May

Delhi University completes 100 glorious years of education and empowerment

Business Bureau0 CommentsBusiness

Two institutions of Delhi University, Centre for Innovation in Infectious Diseases, Research, Education and Training (CIIDRET) and Delhi School of Skill Enhancement & Entrepreneurship Development (IoE-DSSEED) joined forces to celebrate the valedictory ceremony of the '100 Days Skill Festival'. More than 400 participants from 90 different institutions and courses across the nation have been trained and upskilled. The Skill India Mission's objective is to empower the youth of the country with adequate skill sets to increase their employability and improve productivity. The festival has created an ecosystem for learning, collaboration, and networking, bringing together students, instructors, academicians, industry, and facilitators.…

12 May

Government Lowers Threshold For E-Invoicing To Rs 5 Crore From Aug 1

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, India

The central government has notified lowering the threshold for e-invoicing from Rs 10 crore to Rs 5 crore after which it will be mandatory for small businesses to conduct business transactions through e-invoicing from August 1, 2023. In the exercise of the powers of the Central Goods and Services Tax Rules, 2017, the Government, on the recommendation of the Council, amended the notification. "In the said notification, effective August 1, 2023, for Rs 10 crore, rs 5 crore will be substituted," it said.Phased implementation of e-invoicing has multiple benefits for the entire tax ecosystem, including improved compliance and enhanced collection,…

12 May

IBM launched Watsonx Platform to power next-generation foundation models for business

Business Bureau0 CommentsBusiness

IBM has announced IBM watsonx, a new AI and data platform that will enable enterprises to scale and accelerate the impact of advanced AI with trusted data. This platform will enable enterprises to train, tune and deploy AI models, including foundation models and machine learning capabilities, across their organization with trusted data, speed, and governance. It will run across any cloud environment. IBM is announcing further planned advancements at Think, including a GPU-as-a-service infrastructure offering, an AI-powered dashboard to measure, track, manage, and report on cloud carbon emissions, and a new practice for watsonx and generative AI from IBM Consulting.…

11 May

Alia Bhatt becomes luxury brand Gucci’s first Indian global ambassador

Business Correspondent0 CommentsEntertainment, Business

Actress Alia Bhatt has been appointed as Gucci's Global Ambassador. Gucci, a fashion industry, is an Italian high-end luxury fashion house based in Florence, Italy. “I’m honored to represent the house of Gucci not only in India but at a global stage. Gucci’s legacy has always inspired and intrigued me and I’m looking forward to the many sartorial milestones we create together,” said Alia.