Business News Northeast - Latest Business Northeast News & Updates

03 Feb

IEEMA announces of 15th edition of ELECRAMA on 2nd February, 2023

Business Correspondent0 CommentsBusiness

The Indian Electrical & Electronics Manufacturers' Association (IEEMA), has hosted a press conference at The Westin Kolkata for the announcement of 15th edition of ELECRAMA on 2nd February, 2023. It aims to secure $8 billion worth of business queries. ELECRAMA, the largest stand-alone showcase of the Indian Electrical and Allied Electronics Industry by IEEMA is slated to commence from February 18th to 22nd, 2023 at India Expo Mart, Greater Noida. IEEMA and its members will work together with the Government of India to achievea 100-year partnership of electrifying, digitalizing, and greening India. The theme of ELECRAMA 2023 is “Reimagine Energy…

02 Feb

Evocus Black Alkaline Water in Arunachal Pradesh

Business Correspondent0 CommentsBusiness

Evocus Black Alkaline Water can now be experienced in one of the seven sisters "Arunachal Pradesh". The natural minerals infused in Evocus black alkaline water are taken from the earth's crust from a rare deposit in Texas USA. Evocus is priced at Rs. 100 and Rs 200 for a 500 ml Pet Bottle and 750 ml Glass Bottle respectively. It also has amazing super hydration, reduced acidity, better detoxification & ph of 8+. Evocus is a new-age black alkaline water brand by AV Organics. The product is 100% natural and helps with sustained hydration, better detoxification, reduced acidity, improved metabolism,…

01 Feb

TRENDS opens its first store in CHAYGAON

Business Correspondent0 CommentsBusiness

TRENDS has announced the launch of its new Store in CHAYGAON a town of Kamrup district in the state of Assam. The Trends store at CHAYGAON boasts of modern looks and ambience featuring an exciting range of good quality and fashion merchandise that is relevant to the consumers of the region and at prices that are affordable and seen as high value for money. This 8105 sq. ft store, which is the first store in the CHAYGAON town has a special inaugural offer for its customers, besides great relevant fashion and amazing prices: - Shop for Rs.3999 and get and…

01 Feb

Simpliwork aims to grow by 2.5 times in Kolkata

Business Correspondent0 CommentsBusiness

Simpliwork Offices, one of India’s largest outsourced office partners, has announced its foray into the ‘City of Joy’ with the aim to unlock the huge growth potential in Eastern India. The Bengaluru-based company, partnered by real estate developer Salarpuria Sattva, has made an initial investment of INR 40 crores in 2 centres – Godrej Waterside and IT Lagoon, spread across 1.5L+ square feet, and offering state-of-the-art facilities, for enterprise customers and MNCs seeking to establish their presence in Kolkata. Simpliwork aims to grow by 2.5 times in Kolkata, by the end of March 2024, as they consider it to be…

01 Feb

Budget Comment by Mr Abheek Barua, Chief Economist, HDFC Bank

Business Correspondent0 CommentsBusiness

The budget recognised that it would have to continue playing the lead role in driving investments in the economy given the rising global risks and only a nascent recovery in the private capex cycle. The capital outlay for 2023-24 was raised to INR 10 lakh cr, a rise of 33% year on year. The budget also pays heed to the need for fiscal consolidation reducing its fiscal deficit target to 5.9% of GDP in 2023-24 from 6.4% in 2022-23. The resultant lower than expected market borrowing number is likely to bring some relief for the bond market. We see the…

01 Feb

Macroman Modern Basics launches new products in the North East market

Business Correspondent0 CommentsBusiness

Country's leading innerwear manufacturer Macroman launches it’s new products for the North East market under their new division Macroman Modern Basics.Guwahati based company Distributor for particular Northeast regions Good Value Marketing organized Retailers Meet, where new products were unveiled. During the Retailers Meet company's Zonal Sales Manager Mr.Sheshadri Kumar Chakraborty & Regional Sales Manager Mr.Dipankar Mitra were present. From Good Value Marketing Mr. Bimal Kumar Baid, Mr.Ranjeet Bothra, young businessman Mr. Yash Bothra along with other dignitaries were also present. More than 100 retailers have attended the occasion and appreciated all the products launched by Macroman Modern Basics division. Keeping…

01 Feb

Melorra announces launch of #TheValentineCollection

Business Correspondent0 CommentsBusiness

Melorra #TheValentineCollection includes couple bands and a range of trendy rings, pendants, bracelets, and earrings in gold, diamond and gemstones. The brand has also launched a digital ad campaign #PartnerinSuccess, putting forth the message that gifting is not a one-way street. This campaign primarily targets men and women between the ages of 25 and 40 and offers jewellery starting at INR 3000. Speaking on the launch, Saroja Yeramilli, Founder & CEO said, "Valentine's Day has become increasingly popular in India with couples celebrating their love and partnership." Melorra is one of India’s fastest-growing D2C brands and it offers lightweight and…

01 Feb

Gold Demand Trends report revealed

Business Correspondent0 CommentsBusiness

The World Gold Council’s Gold Demand Trends Report reveals an annual gold demand (excluding OTC) in 2022 increased by 18% year-on-year, hitting 4,741t – the highest annual total since 2011. Demand for gold was boosted by hefty central bank-buying and persistently strong retail investment. Gold bars and coins continued to hold favour with investors in several countries around the world, which helped to offset weakness in China. Total European gold bar and coin investment for 2022 surpassed 300t, aided by persistently robust German demand. The increase was the result of two factors: a notable slowdown in ETF outflows and strong…

01 Feb

South Africa and India celebrate the 30 years of bilateral relations

Business Correspondent0 CommentsBusiness

South African Tourism has announced its participation at South Asia’s leading travel show, SATTE 2023 for the third consecutive year. The tourism board is geared up to promote South African provinces, unique experiences and unveil its plans for the year. The board will also host closed room trade and corporate events on 09thand 10thFebruary respectively. Ms. Neliswa Nkani – Hub Head – Middle East, India and South East Asia, South African Tourism, and few key executives and board members from South African Tourism, will give a briefing on the sights, sounds and taste of South Africa at DLF Avenue, Saket,…

01 Feb

Medtronic India’s new Vice President Michael Blackwell

Business Correspondent0 CommentsBusiness

Medtronic plc (NYSE: MDT) has announced the appointment of Michael Blackwell as Vice President of India Medtronic Pvt. Ltd., effective January 2023. In this role, he will be responsible for sales, marketing, and commercial operations of Medtronic’s India business. Michael will be appointed as the Managing Director of Medtronic India in due course. Michael succeeds Madan Krishnan, who has been leading the dynamic India market and is now transitioning to a global role in the US as Vice President & CFO of Medtronic’s Medical Surgical portfolio. Michael joined Medtronic in 2006 and has worked in various markets globally. With a…