Business News Northeast - Latest Business Northeast News & Updates

05 May

Roundtable summit marks a significant milestone for the NER states

Business Bureau0 CommentsBusiness

The Government of Mizoram organized a Roundtable Session in association with the Ministry of Development of North Eastern Region, FICCI (the Knowledge Partner), EY (the Knowledge Partner), and Invest India. The Roundtable is part of a series of multi-city Investors Roundtable Programs organized in the run-up to the Northeast Global Investors Summit which is planned to be held in New Delhi later this year. Shri Zoramthanga, Chief Minister of Mizoram, was the Chief Guest at the Roundtable who interacted with Government officials from the State and MDoNER, regarding opportunities across sectors. Other senior officials present included Shri H. Rammawi, Esther…

05 May

Nissan Motor registered domestic wholesales of 2617 units

Business Bureau0 CommentsBusiness

Nissan Motor India Pvt. Ltd. (NMIPL) has announced wholesales of 3249 units for the month of April 2023. Domestic wholesales stood at 2617 units, while export wholesales stood at 632 units.Nissan Motor India had recently announced YTD sales growth of 23% for FY 2022-23, with YOY March growth of 8% for domestic sales and now 24% in April 2023 with the growth momentum continuing into the next fiscal year 2023-24. Nissan operates on a PHYGITAL distribution approach to meet the evolving needs of customers. In April 2023, Nissan increased its customer touchpoints with the addition of two showrooms and workshops…

05 May

Tata Power reported Q4 net profit at Rs939 crore, up 48%

Priyanka Bhowmick0 CommentsBusiness, IndiaIndia

Tata Power on Thursday jumped 48 percent to Rs 939 crore in its fourth quarter (Q4) profit for the financial year 2022-23 (FY23), compared to Rs 632 crore in the same period last year. The company said it would be the 14th consecutive quarter of profit after tax (PAT) hikes, adding that Q4 numbers are backed by strong performance in all businesses. Q4 FY23 revenue grew 6 percent to Rs 12,755 crore from Rs 12,085 crore in Q4 FY23 due to higher sales among distribution companies and capacity additions in renewable energy. In Q4, EBITDA (income before interest, tax, depreciation,…

05 May

Tata Motors registered total sales of 69,599 vehicles in April 2023

Business Bureau0 CommentsBusiness

Tata Motors Limited sales in the domestic and international markets for April 2023 stood at 69,599 vehicles, compared to 72,468 units during April 2022. Total Domestic Sales decreased by -4% from April 2022 to April 2023 Commercial Vehicles performance are as follows: Growth of HCV Trucks is -6% in April 2023. Sales ILMCV Trucks decreased by -62% from April 2022 to April 2023. Passenger carriers experienced a -4% decrease in growth in April 2023. SCV cargo and pickup growth decreased -30% from April 2022 to April 2023. Domestic growth decreased by -28% in April 2023. Category growth increased by 3%…

04 May

Go first cancels all flights till May 9, promises full refund

Business Correspondent0 CommentsBusiness

Go first on Thursday said, "We regret to inform that due to operational reasons , Go First flights scheduled till 9th May 2023 have been cancelled." "We apologise for the inconvenience caused by the flight cancellations. A full refund will be issued to the original mode of payment shortly", it further said.

04 May

PM Modi’s Mann Ki Baat radio program celebrated its 100th episode

Business Bureau0 CommentsBusiness

Prime Minister Modi completed the 100th episode of Mann Ki Baat on Sunday. The PM's radio program has served as a platform for citizens to engage with PM Modi, highlighting various things that citizens across the country have contributed to India's development. Sunday was special because the show completed 100 episodes. This special occasion was celebrated not only in India but also in many Missions and Embassies of India across the world. Missions of India telecasted the 100th episode of Mann Ki Baat live in all global regions, including Europe, Asia, Africa, France, Saudi Arabia, ASEAN, Paraguay and the United…

04 May

Amway India launched website in Bengali

Business Bureau0 CommentsBusiness

Amway India, one of the leading FMCG Direct Selling companies, has announced the launch of its website in Bengali to make it easier for Bengali speaking Amway Direct Selling Partners and their customers to understand, communicate and explain their nutrition needs. This move is intended to address the growing demand for proper nutrition in the post-pandemic era, as people become increasingly aware of the importance of nutrition in overall well-being. The Bangla website was launched at a formal event in Kolkata, as part of Amway India's strategy to go multilingual in its vision to build a healthier nation by improving…

04 May

TKM announces prices of top grades of the New Innova Crysta

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TKM (Toyota Kirloskar Motor) announced the prices of top two grades (ZX & VX) of the New Innova Crysta. Details of prices (grade wise) are as follows: ZX (7 S) Rs 25,43,000, VX (8 S) Rs 23,84,000, VX (7 S) Rs 23,79,000, VX FLT (8 S) Rs 23,84,000, VX FLT (7 S) Rs 23,79,000. The New Innova Crysta is available for bookings in four grades G, GX, VX & ZX and in five colors – Super White, Attitude Black Mica, Avant-Garde Bronze Metallic, Platinum White Pearl and Silver Metallic. The vehicle comes with an enhanced front fascia that has been…

04 May

Hero Motocorp records sales of 3.96 lakh units

Business Bureau0 CommentsBusiness

Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, sold 396,107units in April 2023. The Company expects the momentum to build-up in the coming months on account of a combination of multiple factors, including a slew of new product launches, a healthy growth in country's GDP and positive consumer sentiments. Echoing the brand promise of Hero MotoCorp and Harley Davidson of enabling #FreedomonWheels, Dr. Pawan Munjal, Chairman, Hero MotoCorp, presented a purpose-built Harley-Davidson Road King to a specially-abled employee, Chitra Zutshi. The handover ceremony was organized at Hero’s Global Centre for Innovation and Technology (CIT) in Jaipur, where Chitra…

04 May

The Indian currency is flourishing in the world

editor0 CommentsBusiness

In the first month of the new financial year 24 April 2023, the Indian currency 'the rupee' has become the second fastest-growing currency in the world. The emerging currency here means the currency which is making its identity and place in the global markets. The Indian rupee appreciated by 0.41 percent against the US dollar in April. At the same time, the Indonesian currency 'Rupiah' has been in the first place. The Indonesian rupee strengthened nearly 2 percent to top the list. Why has the rupee strengthened? The rupee has been among the fastest-growing currencies in the last month due…