Business News Northeast - Latest Business Northeast News & Updates

07 Nov

GAS MARKET UPDATE, OCTOBER 2022

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The Indian Gas Exchange (IGX) traded record 41,05,400 MMBtu (~103 MMSCM) gas volume in October 2022, registering 298% YoY growth from 10.30 LAC MMBtu traded in October’21 and 175% MoM growth over September 2022 volume of 14.91 LAC MMBtu. A total of 254 trades were executed, the highest in a single month. During the month, the Exchange traded gas flows were 23,00,050 MMBtu (~58 MMSCM) volumes. The average gas price discovered at the Exchange during the month was Rs 1,858 /$22.65 per MMBtu almost 30% down over last month. Different spot gas benchmark prices of were – HH about $6/MMBtu…

07 Nov

Shadowfax appoint delivery partners for hyperlocal delivery this quarter

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Shadowfax Technologies, India's largest crowdsourced third-party logistics platform for last-mile delivery, is on a hiring spree this quarter. The logistics platform has launched the Shadowfax Champions League: The Biggest Ever Referral Contest to accelerate hiring this season. During the contest, existing partners can win up to Rs 4000 as a referral bonus by referring candidates to join Shadowfax. The contest will run between October 10 and November 15, 2022. The referral programs introduced by Shadowfax include Man of the Series, Star of the Week and Catch of the Day. The Man of the Series will be the one who has…

07 Nov

TRENDS launched their store in MARGHERITA

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India’s largest and fastest growing apparel and accessories specialty chain of Reliance Retail, TRENDS, announced the launch of its new Store in MARGHERITAtownof Thinsukiadistrict in the state of Assam. Trends is truly democratizing fashion in India, by strengthening its reach & connect with consumers in India – right from Metros, mini metros, to Tier 1, 2 towns and beyond&is India’s favoritefashion shopping destination. The Trendsstore atMARGHERITA boasts of modern looks and ambience featuring an exciting range of good quality at prices that are affordable and seen as high value for money. This 5729 sq. ftstore, which is the first store…

05 Nov

Axis Mutual Fund launched their new fund offer ‘Axis Nifty SDL Fund’

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Axis Mutual Fund, one among the fastest growing fund houses in India, announced the launch of their new fund offer – Axis Nifty SDL September2026 Debt Index Fund. It is an open-ended target maturity index fund investing in constituents of Nifty SDL Sep 2026 Index; a relatively high interest rate risk and relatively low credit risk. The new fund will track the Nifty SDL Sep2026 Index. The open ended nature of such a fund means that investors can use systematic investment and withdrawal facilities to tailor entry and exit in the fund to meet investor objectives. Further, these funds do…

05 Nov

Catch launched their new campaign for Catch Salts & Spices with Akshay Kumar and Bhumi Pednekar

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DS Spiceco, a part of the DS Group, has launched a new campaign for Catch Salts & Spices, highlighting its new positioning #Kyunki KhanaSirfKhanaNahiHota. Conceptualized by Dentsu Creative, the campaign highlights the thought that food encompasses a plethora of creations- memories, bonds, tradition and values, thereby bringing the brand closer to a consumer’s daily life. The brand has roped in Akshay Kumar and Bhumi Pednekar to beautifully establish this concept and further emphasize on the underlying thought that food is a language which is used to express a myriad of emotions. Ajit Devraj, President, DentsuCreative North said “I can already…

04 Nov

India’s Top Music Artists now on Vi App

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For music fans, attending live performances by their favourite artists always tops their bucket list. For all such music aficionados, leading telecom brand. Vi, has today announced the launch of ‘Vi Music Events’ on the Vi App,in association withHungama Music. With this, Vi customers can now enjoy Live performances by their favourite Artists, from the comfort of their place, every Friday. Treating audiences with a mesmerising performance this festive season, Viis bringing a live performance by the legendary fusion rock band Indian Ocean on 4thNovember, 2022 at 7:00 PM. Fans of Rahul Ram, Amit Kilam along with other members of…

04 Nov

MOVIN expands ‘End-of-day services’ to 19 new cities

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MOVIN Express Private Limited, a joint venture between UPS and InterGlobe Enterprises, has announced the expansion of its Express End -of-day service to 19 new cities and towns, providing faster time in transit in Tier 1 and Tier 2 cities. This expansion takes the network of MOVIN’s Express End-of-day services to 47 cities, covering ~3000 pin codes, which caters to major commercial production and consumption hubs of India. This latest phase of expansion of operations, supported by tech-driven innovations, has spread MOVIN’s services in Metros as well as Tier 1 and Tier 2 cities to cater to customers’ demands in…

04 Nov

St. Judes completes 15 years of providing quality care to children battling cancer

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Founded in 2006 by Mrs. Shyama and Mr. Nihal Kaviratne CBE, St. Jude India ChildCare Centres (St. Judes) provides a freeofcost ‘home away from home’ for children undergoing cancer treatment. These children, accompanied by their parents, come from small villages and distant towns to metros for medical treatment for cancer. In 2020, a new vertical St. Judes For Life (Founded in Memory of Mrs. Rani Vicaji) was launched to ensure children who have won the battle against cancer are able to fulfil their potential.This vertical provides timely assistance to our alumni, referred to as Judians, to complete their education, maintain…

04 Nov

Blenders Pride Glassware Fashion Tour unveils ‘Pride& Authenticity’ POWERED BY FDCI CURTAIN RAISER

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The 16th edition of Blenders Pride Glassware Fashion Tour, powered by Fashion Design Council of India, goes beyond couture &reimagines its iconic legacy of 15 years. This edition of the Fashion Tour will bring alive young, vibrant & evolving expressions of ‘Pride& Authenticity’through the lens of a more sustainable, inclusive and diverse world of fashion & lifestyle With ace designer Ashish Soni as curator-in-chief and its continued partnership with Fashion Design Council of India (FDCI),the Fashion Touris set to travel through four metro cities ofKolkata,Hyderabad, Mumbai and Gurugram. In its cutting-edge new avatar, itwill present a spectacular collaboration between leading…

04 Nov

Minda Corporation sings Agreement with Daesung Eltec

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Minda Corporation Limited (referred to as “Minda Corp” or the “Company”; NSE: MINDACORP, BSE: 538962), the flagship company of Spark Minda hasentered into a technical collaboration with DAESUNG, Korea, the leading automotive electronics company to bring theNext Gen Advanced Driver Assistance System(ADAS) solutions to the Indian automotive market. Both companies signed the Technology Licence and Assistance Agreement (TLA) on October 28th, 2022. This partnership places Spark Minda ahead of technology curve by providing localised ADAS solutions for the Indian market. It also aligns with the company’s vision of becoming a next generation ADAS solutions provider with the technology being inducted…