Business News Northeast - Latest Business Northeast News & Updates

08 Apr

The Creator of Rasna, Legendary industrialist and philanthropist Late Shri Areez Pirojshaw Khambatta Awarded ‘Padma Shri’

Business Correspondent0 CommentsBusiness

The late Shri Areez Pirojshaw Khambatta, Founder and Chairman of Rasna Group, has been awarded the Padma Shri (Posthumous), 2023, for his work in Trade and Industry in the state of Gujarat. One of the highest civilian awards in the country, the award comes in recognition of Shri Khambatta’s life long work towards nation building. The award was accepted on his behalf by Ms. Persis Areez Khambatta (Wife) and Mr. Piruz Areez Khambatta (Son).Shri Khambatta is the first Ahmedabad based Parsi to receive such an honour. He founded original startup, “Made in India” company that has gone onto conquer the…

08 Apr

ISTS aims at upgrading the transmission infrastructure in Assam from ground wires to Optical Power Ground Wire along with upgrade of substations

Business Correspondent0 CommentsBusiness

April 8, New power lines under the Inter State Transmission System (ISTS), being laid in the Nangalbibra in Meghalaya and Bongaigaon district in Assam, will help transmit Energy within the Northeast while also efficiently evacuating generated electricity between the Northeast and rest of India grids. This ISTS corridor is set to aid power exchange between grids allowing stable & affordable power supply in the region. In a move that will place India firmly in the saddle of being energy sufficient and strengthen Assam’s position as a major centre of electricity in the region, the Nangalbibra Bongaigaon transmission line (NBTL) will…

08 Apr

Jio MAMI Festival kicks off its Year Round Programme with the Colorists’s Workshop

Business Bureau0 CommentsBusiness

The Jio MAMI Mumbai Film Festival announced October 27 to November 5, 2023 as its on-ground edition in Mumbai. It aims to host the world's biggest and most prestigious South Asian Film Festival and Year Round Programme (YRP), focused on building an ecosystem for new cinematic voices, facilitating exchange of ideas, collaborations, and business opportunities, while bringing the best of world cinema to Mumbai. Jio MAMI has kicked off its Year Round Programme (YRP) with the Colorists’ Workshop, a skill-upskill programme in Film DI &Colour Grading. This program is supported by a grant through Global Media Makers, a partnership between…

08 Apr

Muscle-Immunity Connection; A connection between Muscle and the Immune System

Business Bureau0 CommentsBusiness

We often neglect our health in today's fast-paced world, but with rising infections and a global pandemic, it is more important than ever to be in control of our health and build a strong immune system.Muscles are essential for good health, as they allow us to move and maintain balance, maintain strength, and support our ability to partake in activities like playing sports, dancing, and walking our dogs. They also play a key role in activating our immune cells, providing the energy and amino acids required by the immune system to function. When we are sick or hospitalized, the body…

08 Apr

InsuranceDekho acquires Verak

Business Bureau0 CommentsBusiness

InsuranceDekho, India’s leading Insurtech, has acquihired Verak, a Mumbai-based SME insurance distribution firm. Verak, backed by Sequoia and Light Speed, has become a formidable name in the Indian SME insurance landscape in just 13 months of operations. This will strengthen InsuranceDekho's SME insurance vertical and expand its offerings in the micro-business insurance space. InsuranceDekho is on boarding the Verak team, including the founder Rahul Mathur, to tap into the untapped micro-business insurance space. Verak has has made deep inroads into the space, bringing thousands of small shopkeepers under the insurance umbrella and registering 30% MoM premium growth every month. Rahul…

08 Apr

Hindware announced a strategic partnership with two IPL teams

Business Bureau0 CommentsBusiness

The Indian Premier League (IPL) kicks off its 16th edition on March 31st, 2023. Hindware Limited, a leader in complete bathroom solutions, has announced a strategic partnership with two of the biggest teams in the IPL - Punjab Kings and Royal Challengers Bangalore. This partnership will enable Hindware to strengthen its brand visibility and engagement with cricket fans across the country. The Punjab Kings and Royal Challengers Bangalore are two of the most iconic teams in the Indian Premier League. Hindware has partnered with Punjab Kings as the principal sponsor as players are sporting the Hindware logo on the cap/helmet…

08 Apr

Škoda AUTO India’s scored 5 out of 5 Stars at the Global NCAP crash tests

Business Bureau0 CommentsBusiness

ŠKODA AUTO India's SLAVIA sedan scored a full 5-Stars out of 5 at the Global New Car Assessment Programme (Global NCAP) crash tests, making it the safest car ever tested by the Global NCAP. This furthers the cause of Safer Cars for India and makes KODA AUTO India the only manufacturer to have a fleet full of crash-tested cars with 5-stars for both adult and child occupants. The SLAVIA was designed with a focus on localisation, lower costs of ownership and maintenance, while maintaining ŠKODA’s dynamic driving traits and zero compromise on safety. It was tested internally for a variety…

08 Apr

Karnataka Bank targets ₹1.75 lakh cr turnover in 2023-24

Priyanka Bhowmick0 CommentsIndia, BusinessWest Bengal

Karnataka Bank plans to achieve 17.69 percent growth in its centennial year to take its total business turnover to Rs 1,75,000 crore in 2023-24, it's CEO and Managing Director MS Mahabaleshwara said. Addressing employees of branches and offices across the country in the new financial year from the Mangaluru head office via virtual mode on Friday, he outlined the strategy and broad plan of action for the year 2023-24. As per provisional numbers, the bank's business turnover grew by 7.63 percent to Rs 1,48,694 crore, comprising deposits of Rs 87,362 crore and advances of Rs 61,326.00 crore, he said. "We…

08 Apr

Kfc’s New Chicken Roll Promises To Rock Your Taste buds, Not Your Wallet

Business Bureau0 CommentsBusiness

The most important details in this text are that foodies often struggle to balance indulgence and budget, and Colonel Sanders is here to help with the all-new KFC Chicken Roll. This menu offering is the perfect way to fulfill all your crispy chicken cravings, at an incredible price of INR 99/-. This is a great solution to the internal tug-of-war between "I want to eat this, it's delicious!" and "I should spend so much". The KFC Chicken Roll is a hand-breaded extra crispy and juicy chicken strip wrapped in a flaky paratha, topped with spicy garlic and Nashville sauces, and…

07 Apr

Prices of dairy products likely to remain firm on higher demand

Business Correspondent0 CommentsBusiness

A sudden increase in demand for dairy products in the middle of an almost stagnant milk production in the last 1 year has resulted into limited supply situations and rise in prices, industry experts confirmed, and warned that rates may remain firm this summer. After watching the situation of supply-demand gap closely the decision will be taken by the Central Government and National Dairy Development Board, whether the dairy products will be imported from other countries or not. While announcing the monetary policy, RBI Governor Shaktikanta Das on Thursday said, “milk prices are also likely to remain firm going into…