Business News Northeast - Latest Business Northeast News & Updates

06 Apr

2nd Energy Transition Working Group meeting in Gandhinagar

Business Bureau0 CommentsBusiness

The second meeting of the Energy Transitions Working Group (ETWG) is taking place in Gandhinagar from 2 April to 4 April. Under India's G20 Presidency, the meeting witnessed participation from more than 100 delegates from G20 member countries, Ministry of Energy, special invitee countries, and International Organizations. Deliberations on access to clean energy, along with six major agenda were held on the second day of the Energy Transitions Working Group (ETWG) meeting. During the meeting delegates discussed ways to improve access to clean energy around the world in detail. Affordability and inclusivity were important points highlighted during discussions. A detailed…

06 Apr

Toyota Kirloskar Motor Continues to Deliver Robust Performance on this financial year

Business Bureau0 CommentsBusiness

TKM recorded its strongest domestic wholesales in the last 10 years in Financial Year 2022-2023 by selling 1,74,015 units. The company witnessed a growth of 41 % over the last FY where it sold 1,23,770 units. TKM also sold 18,670 units in the month of March 2023 alone, resulting in the year-on year-growth of 9% over the month of March 2022, where it had sold 17,131 units. In the last quarter of the current Fiscal Year, TKM posted sales of 46,843 units which is a 41% increase over the same period last year where the company had sold 33,204 units.…

06 Apr

L’Oreal buys Australian luxury brand Aesop

Priyanka Bhowmick0 CommentsBusiness, IndiaIndia

French cosmetics group L'Oréal has entered into an agreement with Brazil's Natura & Co to buy the Australian luxury brand at an enterprise price of $2.53 billion, both companies said on Monday. According to a statement, the Aesop brand will have sales of $537 million in 2022. "Aesop taps into all of today's booming currents and L'Oreal will contribute to unlocking its huge growth potential, particularly in China and travel retail," L'Oreal CEO Nicolas Hieronymus said in the statement. The L'Oréal Luxe division, which includes L'Oreal, was the group's top performer for the second consecutive year in 2022, with sales…

06 Apr

TRENDS now In Itahar

Business Bureau0 CommentsBusiness

India’s largest and fastest growing apparel and accessories specialty chain of Reliance Retail, TRENDS, announced the launch of its new Store in Itahar town of Raiganj district in the state of West Bengal. Trends is democratizing fashion in India by connecting with consumers in Metros, mini metros, Tier 1, 2 towns, and beyond, making it India's favorite fashion shopping destination. The Trends store at Itahar offers an exciting range of good quality and fashion merchandise at affordable prices. Customers can enjoy a unique experience of shopping for trendy Women’s Wear, Men’s Wear, Kids Wear & Fashion Accessories at delightful prices.…

06 Apr

TRENDS new store now in Bijni

Business Bureau0 CommentsBusiness

India’s largest and fastest growing apparel and accessories specialty chain of Reliance Retail, TRENDS, announced the launch of its new Store in Bijni town of Chirang district in the state of Assam.Trends are democratizing fashion in India by connecting with consumers in Metros, mini metros, Tier 1, 2 towns and beyond. The Trends store at Bijni boasts modern looks and an exciting range of good quality and fashion merchandise at affordable prices. Customers can look forward to a unique and superlative experience of shopping for trendy Women’s Wear, Men’s Wear, Kids Wear & Fashion Accessories, at delightful prices. This 6666…

06 Apr

TRENDS’ has inaugurated a new store in ‘Along’

Business Bureau0 CommentsBusiness

India’s largest and fastest growing apparel and accessories specialty chain of Reliance Retail, TRENDS, announced the launch of its new Store in Along town of West Siang district in the state of Arunachal Pradesh. Trends are democratizing fashion in India by connecting with consumers from Metros, mini metros, to Tier 1, 2 towns and beyond. The Trends store at Along boasts modern looks and an exciting range of good quality and fashion merchandise at affordable prices. Customers can look forward to a unique and superlative experience of shopping for trendy Women’s Wear, Men’s Wear, Kids Wear & Fashion Accessories, at…

06 Apr

G20 EWG 2nd meeting witnesses focused sessions on 3 key priority areas

Business Bureau0 CommentsBusiness

Employment Working Group’s (EWG) second meeting under India’s G20 Presidency got underway from April 3 to 5. The meeting witnessed participation from 72 delegates from over 19 G20 member countries, 7 guest countries, and 5 International Organisations. It is the second Employment Working Group meeting organized under the Sherpa track. The first Employment Working Group meeting was held in Jodhpur, Rajasthan from 2 to 4 February. Minister of State in the Ministry of Labour and Employment Sh. Rameshwar Teli and the Minister of Forest and Environment of Assam were present during the inaugural session. Second meeting of G20 EWG witnessed…

05 Apr

Stagnant milk output: India likely to consider import of milk products like butter and ghee

Business Correspondent0 CommentsBusiness

It has been observed that India is again facing a problem of milk crisis, due to which it has decided to import milk products like butter and ghee after a considerable gap. According to the sources of trade and market this warning signs have been seen increasing for quite some time. The increase in prices of Milk from 12 to 15% in the last 15 months and Consumer Price Inflation for milk has increased from 3.81 % in Feb 2022 to 9.65% in Feb 2023. Normally, India produces around 550 million ltr of milk a day, which has increased by…

05 Apr

Sony India introduces FE 50mm F1.4 GM lens

Business Bureau0 CommentsBusiness

Sony announced the FE 50mm F1.4 GM lens(model SEL50F14GM) the newest addition to its acclaimed G Master full-frame lens lineup. Sony offerings with a premium 50 mm prime lens packed into a remarkably compact and lightweight design. The FE 50mm F1.4 GM offers high-resolution and naturally rendered bokeh, making it an ideal choice for a variety of uses in both still and video, such as portraiture, landscape, travel, and wedding. The FE 50mm F1.4 GM is a high-resolution lens with an 11-blade circular aperture, two XA and ED elements, and Sony's Nano AR Coating II. It has a minimum focusing…

05 Apr

SBI Life’s collaborates with Rajasthan Royals

Business Bureau0 CommentsBusiness

SBI Life Insurance, one of the most trusted private life insurers in the country, has announced its association with Rajasthan Royals franchise as their lead helmet partner for the 2023 season of the Biggest Cricket League. As part of the collaboration SBI Life's logo will be displayed prominently on the Rajasthan Royals helmet during all their matches in 2023. SBI Life's strategic alliance with the Rajasthan Royals franchise symbolizes the role of protection and insurance in life. Helmets are one of the most visible assets in cricket, offering an opportunity for SBI Life to symbolically emphasise the importance of insurance.…