Business News Northeast - Latest Business Northeast News & Updates

01 Sep

CC Tea collaborates with Dr B Barooah Cancer Institute

editor0 CommentsBusinessCC Tea, Dr B Barooah Cancer Institute

CC Tea, an herbal tisane manufactured by Manipur based Sui Generis Agronomy Private Limited signed three-year anti-cancer research collaboration with Dr B Barooah Cancer Institute, Guwahati to assess the efficacy of CC Tea extract on molecular pathways in lymphocytes and other blood cells of cancer patients of North-East India. The three phased research undertaking will begin with CC Tea extract tested on blood cells taken from cancer patients to concluding with the product being tested on patients directly. The company recently concluded a 6 months anti-viral and immune modulatory research with the prestigious Indian Institute of Technology, Guwahati and has…

01 Sep

Mahindra First Choice Wheels store in Guwahati

editor0 CommentsBusinessMahindra First Choice

India’s leading multi-brand pre-owned cars retailer, Mahindra First Choice Wheels Ltd (MFCWL) launched 75 new state-of-the-art franchise stores across Tier I/II/III cities of India. MFCWL launched a new store in Nalbari – Mahabir Enterprises. The new Mahindra First Choice store will offer all the facilities and services that the MFCWL brand represents including certified used-car sales, warranty on Mahindra Certified used cars, easy finance, hassle-free RTO transfer and superlative customer experience. Consumers from Guwahati can now fulfill their dream of buying a pre-owned vehicle from the newly launched stores. The addition of the new stores has now strengthened MFCWL’s market leadership…

01 Sep

Axis Mutual Fund launches ‘Axis Consumption ETF’

editor0 CommentsBusinessAxis Mutual Fund

Axis Mutual Fund, one of the fastest-growing fund houses in India, announced the launch of their new fund– ‘Axis Consumption ETF’. The new fund offers (NFO), which will open on Monday, August 30, will allow exposure to the consumption theme in a neatly packed bite sized exchange traded fund. The new fund offers long-term wealth creation solutions and targets to achieve returns by investing in a basket of NIFTY India Consumption Index stocks. On the launch of the NFO, Mr. Chandresh Nigam, MD & CEO, Axis AMC, said “I believe Axis Consumption ETF is a good opportunity for investors to…

31 Aug

SC VERDICT on Supertech: DEMOLISH 40-storey twin towers in 3 months, return money to HOME BUYERS in 2 months, apex court tells real estate firm

editor0 CommentsBusinessSUPREME COURT

The Supreme Court on Tuesday ordered the demolition of Supertech's twin 40-storey towers in the Emerald Court project in Noida for violation of building norms. The Apex Court upheld the order passed by the Allahabad High Court directing the demolition. Terming it as an 'unholy nexus' between the builders and the Noida authorities, a two-member bench of Justices DY Chandrachud and MR Shah directed that the entire amount of home buyers be refunded with 12% interest from the time of the booking. It has also directed to pay the Residents Welfare Association Rs 2 crore for the harassment caused due…

30 Aug

FENESTA Launch its Showroom in Malda

editor0 CommentsBusinessFENESTA

Fenesta has reinforced its retail expansion with the opening another new showroom. The exclusive showroom is located at JPS FRAMING, Gayetri Mansion 1st floor (Near Behani Petrol Pump) Rabindra Avenue, Malda and brings the best in class Aluminum windows and Doors, uPVC Windows & Door and Internal & Designer Doors.With this launch, Fenesta marks another milestone to ensure an interactive and informative buying experience for existing and potential customers. Fenesta Showrooms have been successfully contributing to a significant customer reach and positioning as a market leader. The Fenesta showroom at Malda showcases a range of products from windows, doors and…

30 Aug

Vedix to tap key regional markets

editor0 CommentsBusinessVedix

The world’s first customized modern ayurvedic lifestyle and wellness brand, Vedix aims to strengthen its position across key regional markets in India. As part of twin-marketing strategy, the brand is eyeing to tap both regional and international markets simultaneously. Vedix (a Hyderabad-based customised Ayurveda beauty tech startup) leverages the power of AI and Ayurveda to design hyper customized hair and skin care regime to deliver the maximum benefit for the skin and hair problems. The tech beauty brand is one of the biggest consumer tech startups from Hyderabad and has become a category leader in close 3 years of its…

30 Aug

‘Vi Movies & TV App’ in ‘Vi App’

editor0 CommentsBusinessVi

India’s leading telecom operator, Vi integrated the ‘Vi Movies & TV App’ into the ‘Vi App’, which now allows customers to stream their favourite content seamlessly. Offering a simplified and new user experience, Vi App will now double up as an OTT app offering a rich repertoire of content, in addition to the wide range of products & services available. The integrated experience is now live for Android users and will soon be available for iOS users. From now on, Vi subscribers can access content on Vi App from: (i) 450+ Live TV channels including the likes of Zee TV,…

30 Aug

Fenda Audio launches HT-330 Soundbar

editor0 CommentsBusinessFenda Audio, HT-330 Soundbar

India's leading audio solutions brand Fenda Audio (F&D) has launched powerful and multifunctional Soundbar, F&DHT-330 with subwoofer. F&D HT-330 Soundbar has been designed to meet the need for quality music at the home or terrace parties. Equipped with multiple connectivity options, users can connect the Soundbar via Bluetooth 5.0 making it easily compatible with any TV, Laptop, Tab or Smartphone. The Soundbar also supports a USB reader with MP3/WMA dual formats decoding. One can discover a new level of immersive, cinematic audio experience at home with this soundbar, thanks to its 80W power output and 6.5 bass drivers of the…

28 Aug

Vedanta’s 100 new skill training centers

editor0 CommentsBusinessVedanta Foundation

Vedanta Foundation (the philanthropic arm of Vedanta Group) announced the opening of 100 new livelihood linked skill training centers across the country between August 15 and September 15. Vedanta Foundation, through its skill model, intends to skill students and unemployed youth from the economically weaker sections and link them to job opportunities. The newly established centers, also known as Rojgar centers, will be in addition to its current 170 centres functional across India. 37 such centres were opened this month. Some of the companies that have recruited candidates from the Rojgar centres include State Bank of India, Axis Bank, Paytm,…

28 Aug

Delhivery acquires Spoton Logistics

editor0 CommentsBusinessDelhivery, Spoton Logistics

A leading end-to-end logistics and supply chain services company in India, Delhivery confirmed the acquisition of Bangalore-based Spoton Logistics. This move further strengthens Delhivery's existing B2B capabilities. Samara Capital and Xponentia that together acquired Spoton from IEP in 2018 are making a full exit for cash as part of the transaction. On this transaction, Kotak Mahindra Capital Company acted as the financial advisor and Shardul Amarchand Mangaldas & Co. acted as the legal advisor to Delhivery.