Business News Northeast - Latest Business Northeast News & Updates

23 Mar

FM Nirmala Sitharaman is likely to meet CEOs of PSU banks on Saturday

Priyanka Bhowmick0 CommentsBusiness, IndiaIndia

Union Finance Minister Nirmala Sitharaman is scheduled to meet managing directors of public sector banks (PSBs) on March 25 to review performance in the backdrop of several bank failures in the US and Credit Suisse's liquidity crisis, according to news agency PTI. Sources said the meeting will review the progress of banks in achieving the targets of various government schemes including Kisan Credit Card (KCC), Stand-Up India, Pradhan Mantri Mudra Yojana (PMMY) and Emergency Credit Line Guarantee Scheme (ECLGS) to help businesses affected by Covid-19. Notably, this is the first full review meeting after the presentation of Budget 2023-24 and…

23 Mar

Axis Mutual Fund introduced new plan ‘Axis S&P 500 ETF Fund of Fund’

Business Bureau0 CommentsBusiness

Axis Mutual Fund has launched a New Fund Offer – Axis S&P 500 ETF Fund of Fund (an open ended fund of fund investing in Exchange Traded Funds replicating S&P500 TRI, subject to tracking errors). Mr. Vinayak Jayanath will be managing the fund and the minimum investment amount is Rs. 500 and in multiples of Re. 1/- thereafter. The exit load is 0.25% if redeemed/switched-out within 30 Days from the date of allotment or Nil if redeemed within 30 Days of allotment. NFO It has an open date of 22nd March 2023 and a close date of 05th April 2023.…

23 Mar

Tata Motors implement the price hike for commercial vehicles

Business Bureau0 CommentsBusiness

Tata Motors, the largest commercial vehicle manufacturer in India, will be implementing a price increase of up to 5% on its commercial vehicles starting from 1st April, 2023. The decision to increase prices is a result of the company's efforts to comply with the more stringent BS6 phase II emission norms. As Tata Motors transitions its entire vehicle portfolio to meet these standards, customers and fleet owners can expect a range of cleaner, greener, and technologically superior offerings that deliver higher benefits and lower total cost of ownership. The price increase will be applied across the entire range of commercial…

23 Mar

Vi Lunched ‘Self-KYC’

Business Bureau0 CommentsBusiness

Getting a new mobile connection is now simpler, quicker, safer and more convenient with Vi’s industry-first Self-KYC process. VI’s industry-first Self-KYC process makes acquiring a new prepaid or postpaid SIM simpler, quicker, safer and more convenient. It is based on DoT mandated guidelines and enables customers to access a new connection anytime from anywhere with the added advantage of SIM delivery at the doorstep. Vi Self-KYC has been rolled out for all postpaid customers in Kolkata and Karnataka service areas, with the objective of simplifying SIM buying process. Users can order a new SIM online, select their desired plan, and…

22 Mar

Tata AIA launches Fortune Guarantee Supreme

Business Bureau0 CommentsBusiness

One of India’s leading life insurers, Tata AIA Life Insurance Company Limited (Tata AIA) has launched Tata AIA Fortune Guarantee Supreme. It is a non-linked, non-participating, Guaranteed Savings plan that provides life insurance cover with guaranteed regular income from the very first month of investing. The plan comes with a host of benefits such as: (i) Guaranteed income payable from the very first month of investing, (ii) Loyalty additions through a unique sub wallet feature to earn interest on the income earned, (iii) Customized payout dates to coincide with one’s special moments and (iv) Special 2% discount for women consumers…

22 Mar

Study says, corpus of Rs 65.4 lakh is considered ideal for retirement

Business Bureau0 CommentsBusiness

‘Is India prepared for retirement?’ - ICICI Prudential Life Insurance conducted this study to understand people’s attitude towards retirement planning. ICICI Prudential Life Insurance, in association with Quantum Consumer Solutions, surveyed over 1,100 individuals to understand the consumers’ attitudes toward retirement, money, and annuity plans. The survey reveals that the respondents consider an average corpus of Rs 65.4 lakh as ideal for retirement. A large number of individuals view retirement as a phase of maintenance, upgradation, and growth. Continuing with the current lifestyle into their retirement is the topmost priority, as indicated by 83% of respondents. Over three-fifths of the…

22 Mar

IIFL Jito Ahimsa Run to be held on April 2, 2023

Business Bureau0 CommentsBusiness

IIFL Group, one of India's largest financial services conglomerates, is organizing the IIFL Jito Ahimsa Run to be held on April 2, 2023 across 23 countries and 65 cities in India, aims to create Guinness Book of World record. This is the largest such run for the cause of peace and non-violence and is organized by the ladies wing of Jito (Jain International Trade Organization) and IIFL. The IIFL Jito Ahimsa Run is a run to create awareness for a better world and bring peace and nonviolence in our surroundings. ‘Ahimsa’ means forgiveness, positivity, cosmic love, strength and brotherhood. It…

22 Mar

Study revealed Almonds helps in Blood Sugar Levels

Business Bureau0 CommentsBusiness

India– Two new research studies with almonds, one conducted over three days and the other over three months, demonstrated benefits to blood sugar control for Asian Indians with pre-diabetes and overweight/obesity – and the three-month almond intervention broke new ground, reversing pre-diabetes, or glucose intolerance, to normal blood sugar levels in nearly one quarter (23.3%) of the people studied. Two studies funded by the Almond Board of California found that preloading almonds 30 minutes before major meals could reduce glucose and insulin fluctuations after meals and reduce overall hyperglycemia compared to a control diet. This is a first-of-its-kind statistically significant…

22 Mar

Nokia C12 Pro: A Powerful Smartphone Starting at an Affordable Price of 6999

Business Bureau0 CommentsBusiness

HMD Global has announced the new Nokia C12 Pro, an exciting addition to the Nokia C12 series. It offers elevated performance with an Octa Core Processor, 2GB Virtual RAM, streamlined OS and enhanced imaging with Night and Portrait modes. Its resilient build has been tested to ensure it will stand the test of time. Nokia C-series devices with AndroidTM 12 (Go edition) give up to 20% more free storage, 2GB of additional virtual RAM, and performance optimizer to ensure no data is wasted. Experience an enhanced imaging experience and capture memories with confidence in Night and Portrait modes on both…

22 Mar

Revolt Motors selects Pankaj Sharma as chief business officer

Priyanka Bhowmick0 CommentsBusinessIndia

RattanIndia's Revolt Motors, the country's largest-selling electric bike company, on Tuesday announced the appointment of Pankaj Sharma as Chief Business Officer. Sharma previously served as Ola Electric's India Head with responsibilities including sales, service, distribution, customer experience and go-to-market for the company. Sharma has nearly three decades of experience working in leadership positions at leading auto companies in the two wheeler, four wheeler and commercial vehicle segments with extensive experience in strategy, sales, marketing, servicing, customer experience, dealer development and digital transformation in automotive industry, the company said in a press release. Sharma was the National Business Head of Royal…