Business News Northeast - Latest Business Northeast News & Updates

26 Apr

Kotak Pullela Gopichand Badminton Academy launched in Telangana

Business Bureau0 CommentsBusiness

Kotak Mahindra Bank Ltd (“KMBL” / “Bank”) and its CSR associate Pullela Gopichand Badminton Foundation, announced the launch of “Kotak Pullela Gopichand Badminton Academy”, a world-class badminton training Centre at Gachibowli, Telangana. The launch was attended by Pullela Gopichand Badminton Foundation's Pullela Gopichand, Founder Trustee and India's National Coach, L.V. Subrahmanyam, Trustee and Kotak Mahindra Bank's Shanti Ekambaram, Whole-Time Director and Jaimin Bhat, Group President and Group Chief Financial Officer. The newly launched badminton centre is part of KMBL's CSR Project on sports, developed with the shared vision of the Bank and Indian badminton legend Pullela Gopichand. It offers advanced…

26 Apr

Zomato shares rally 8% amid large block deal

Priyanka Bhowmick0 CommentsIndia, BusinessIndia

Zomato shares rose 8 percent in Tuesday's early session amid strong trading volumes and demand from traders on Broker Street. With the stock rising, the food delivery player has recovered a market capitalisation (M-cap) of Rs 50,000 crore. About 66.8 lakh equity shares worth Rs 39.36 crore exchanged hands on BSE till 10.30 am, higher than its two-week average trading volume, according to data from BSE. On the other hand, 9.78 crore shares worth Rs 577.03 crore were traded on the National Stock Exchange (NSE). Shares of Zomato jumped nearly 8 percent to 60.40 on Tuesday, but the stock gave…

25 Apr

PM Modi to flag off India’s first Water Metro in Kochi

Business Correspondent0 CommentsBusiness, Economy

PM Modi on a 2 day visit to Kerala, inaugurated India's first ever Water Metro on Tuesday (25th of April,2023) which will bring connectivity between 10 islands. This innovation will reduce traffic jam and will run on battery means it doesn't require fuel. The development will help in boosting the tourism industry in the state. Hence, will result into a good economic growth. The minimum cost to avail the facility of water metro will be rupees 20.

25 Apr

Symphony launched World’s 1stair cooler powered by BLDC Technology

Business Bureau0 CommentsBusiness

The World Earth Day recognises the significance of positive environmental impact and the importance of investing in sustainable practices and technologies to protect our planet. The global leader in evaporative air coolers -SymphonyLtd, has launched the world’s first range of highly energy efficient air coolers powered by BLDC Technology. They consume up to 60% less power compared to other coolers which result in energy savings up to Rs. 2000per year. The company has launched 3 models in the BLDC range of 80 litre, 55 litre and 30 litre water tank capacity. They are highly energy efficient and feature 7-speed options,…

25 Apr

ExxonMobil Build Lubricant Manufacturing Plant in India

Business Bureau0 CommentsBusiness

Exxon Mobil said it is investing nearly INR 900 crore (USD $110 million) to build a lubricant manufacturing plant at the Maharashtra Industrial Development Corporation’s Is am be Industrial Area in Raigad. The company signed a Memorandum of Understanding (MoU) with the Government of Maharashtra in the presence of Chief Minister Eknath Shinde, Deputy Chief Minister Devendra Fadnav is and senior officials from the state. Once operational, the plant will have the capacity to potentially manufacture 159,000 kiloliters of finished lubricants annually to meet growing domestic demand from industrial sectors such as manufacturing, steel, power, mining, and construction, as well…

25 Apr

Cairn Oil & Gas tests production from Hazarigaon field for clean energy initiatives

Business Bureau0 CommentsSikkim, Business

Cairn Oil & Gas, India's largest private oil and gas exploration and Production Company, has commenced test production from its Hazarigaon field in Assam, becoming the first company in the North-East to commence gas flow from a DSF block. The gas produced is evacuated through a main trunk pipeline and a gas cascading system to AGCL, and will be used by tea growers and 100 CNG buses as part of the clean energy initiative of the Government of Assam. The milestone was celebrated at the inauguration of the CNG Station at Hazarigaon well site in Naharbari, Golaghat, Assam by Shri…

25 Apr

Hindware Limited launched a TVC campaign featuring prominent cricket players

Business Bureau0 CommentsBusiness

Hindware Limited, a leader in complete bathroom solutions, today launched its new television commercial (TVC) campaign, 'Hotel Like Bathrooms', featuring some of the biggest names in cricket. The campaign highlights the aspirations of today’s traveller, who aspires to have the same experience in bathroom as they get in a 5-star hotel. The TVC campaign features prominent players from Royal Challengers Bangalore & Punjab Kings. The campaign aims to showcase the high-quality bathroom products and solutions from Hindware Italian Collection that offers to create an elegant and comfortable bathroom experience similar to a luxurious hotel. It show cases products such as…

25 Apr

Toyota Innova HyCross wins ‘Car Of The Year’ and ‘Hybrid Of The Year’ awards

Business Bureau0 CommentsBusiness

Toyota Kirloskar Motor (TKM) announced that the Toyota Innova HyCross has been awarded the ‘Car Of The Year’ and 'Hybrid Of The Year' at the prestigious carandbike Award, held on April 20, 2023, at New Delhi. The car won both the awards for its powerful performance, glamour, toughness, comfort, safety, and advanced technology meeting varied aspirations of Indian customers. The carandbike Awards are highly respected in the Indian automotive industry for 18 years and have introduced several categories and segments to recognize the best performers. The All New Innova HyCross is powered by a 5th Generation Self-Charging Strong Hybrid Electric…

25 Apr

PM Modi participated in Global Buddhist Summit

Business Bureau0 CommentsBusiness

Prime Minister Narendra Modi participated in the Global Buddhist Summit jointly organized by the Ministry of Culture and the International Buddhist Confederation (IBC). Addressing the inaugural session, he said that the teachings of Lord Buddha are the basis of solutions to the biggest challenges facing the world, including war, economic instability, terrorism and climate change. The Buddha, centuries ago provided a solution to war and unrest that the world is currently grappling with. The session was attended by Union Ministers of Culture, Law, and State for Culture, as well as Ministers of State for Culture Arjun Ram Meghwal and Meenakshi…

25 Apr

Coca-Cola drove 3 billion transactions in India

Priyanka Bhowmick0 CommentsBusiness, IndiaBusiness, India

Buoyed by sales of 3 billion Coca-Cola products in a country of 1.4 billion in the March quarter, global CFO and president John Murphy said on Monday that the Indian economy is "resilient with a strong job market and robust consumption". The soft drink major said it increased availability by more than 3 lakh stores in India in the first quarter, driving an estimated 3 billion transactions at the affordable point. At the beginning of the summer, the company added 40,000 coolers, The Coca-Cola Company said in its global earnings statement. “During the first quarter, the company and its bottling…