Business News Northeast - Latest Business Northeast News & Updates

28 Jul

Tata Motors announces Q1 FY23 results

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Tata Motors Ltd announced its results for quarter ending June 30, 2022. The results represent the details on consolidated segment level. For Jaguar Land Rover, Retail sales in Q1 FY23 were 78,825 vehicles, broadly flat compared with Q4 FY22 and down 37% compared with Q1 FY22. Revenue was £4.4 billion in Q1 FY23, down 7.6% from Q4 FY22, impacted by supply challenges including semiconductor shortages, slower than expected ramp-up of the New Range Rover and New Range Rover Sport production and China lockdowns. The customer order book grew further to 200,000 vehicles. The loss before tax in the quarter was…

28 Jul

Nestlé MILO and IIS support India’s top athletes

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Nestlé MILO joins forces with Inspire Institute of Sport (IIS), one of India’s premier training centers that has a vision to create and develop Olympic champions in India. MILO has always believed in the importance of sports and in providing nourishing energy to young champions. IIS leverages its world-class infrastructure, finest coaching and sports science to scout for young athletes and train them to become future Olympians of our country. They have already been successful in producing three Olympic medalists, including Tokyo Gold medalist Neeraj Chopra. As the Official Dairy Partner of IIS, Nestlé India will contribute one year worth…

28 Jul

New Tata Play store is now in Alipurduar

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One of India’s leading content distribution platform Tata Play (formally known as Tata Sky) announced the opening of its exclusive Jingalala Store in Alipurduar, West Bengal. This is the 4th store launch in West Bengal and 29th in India. The new store will offer customers an elevated experience of Tata Play’s range of products & services including Tata Play DTH, Tata Play Binge+ Android enabled Set-top and Tata Play Binge Fire TV Stick. The brand recently announced Tata Play Binge Combo Packs that provides the best of broadcast channels and OTT apps in one integrated pack. Tata Play Netflix combo…

28 Jul

Veet hair removal cream undergoes its biggest reformulation

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The world leader in depilatory products Veet® undergoes its biggest reformulation in hair removal creams with the launch of Veet Pure™. The all-new dermatologically tested range is aimed to elevate consumer’s hair removal experience. It includes natural extracts of Cucumber, Aloe Vera and Grapeseed Oil, with a simplified formula, offering a superior, efficient and pain free solution for hair removal at home. Veet is also addressing the unpleasant odour users have experienced with hair removal creams, enhancing their sensorial experience with fresh fragrances and long lasting smooth and moisturised skin. Marked as the next big thing in hair removal category,…

28 Jul

ASUS introduces Flow X16 in India with Ryzen 6000 series

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ASUS India, Republic of Gamers (ROG) strengthened its Zephyrus and Flow lineup with the launch of the ROG Zephyrus Duo 16, Zephyrus G14, and Flow X16 alongside the refreshed editions of Zephyrus G15, and Flow X13, packed with power and upgraded performance. The laptops feature AMD Ryzen 6000 series mobile processorsand a MUX Switch to deliver uncompromising powerful gaming performance. The product pricing for Zephyrus Duo 16 starts from INR 249,990, Zephyrus G14 - INR 146,990, and Zephyrus G15 - INR 157,990 and will go on sale online and offline. While the pricing for ROG Flow X16 starts from INR…

28 Jul

Qmin assists Flood Affected Communities in Assam

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In line with its values and focus on community as defined by its ESG+ framework, Paathya, India’s largest hospitality company Indian Hotels Company (IHCL) has extended a helping hand to flood affected families in Assam with Vivanta Guwahati offering over 57,000 meals from its culinary platform, Qmin, across 17 affected villages. With over 9 lac people affected by the floods in Assam in addition to expansive destruction of crops, livestock and property, the local community has united to provide key resources and amenities to those adversely impacted. Vivanta Guwahati rapidly assembled a team to provide nourishing, wholesome Qmin meals in…

28 Jul

Youth Engagement through Empowered Youth Organisations (YESS)

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Hon'ble Chief Minister, Shri Conrad K. Sangma launched a pioneering initiative in Meghalaya - Youth Engagement through Empowered Youth Organisations (YESS). Through this initiative, registered entities focusing on youth development and empowerment could apply for financial assistance upto INR 1 Lakh if the entity matches the criteria and is deemed fit by the constituted proposal evaluation committee. The program has been formulated in pursuance to the State Youth Policy notified in 2021 which outlines the commitment of the Government of Meghalaya for youth engagement, empowerment and rejuvenation. The broad objectives of this program include Empowerment of youth clubs and organisations…

28 Jul

Dr. Rajkumar Ranjan Singh attends SVANidhi Mahotsav celebrations

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Dr. Rajkumar Ranjan Singh, Minister of State for External Affairs and Education visited Imphal on July 26, 2022 to attend the SVANidhi Mahotsav celebrations hosted by the Manipur Urban Development Agency. The PM Street Vendor's Atma Nirbhar Nidhi (PM SVANidhi) scheme was launched by the Ministry of Housing and Urban Affairs, in June 2020 to empower street vendors by not only extending loans to them, but also for their holistic development and economic upliftment. The scheme aimed to facilitate collateral free working capital loans of up to INR 10,000 for a 1 year tenure, given to approximately 50 lakh street…

27 Jul

Tata Motors facilitate easy financing for its passenger vehicles customers

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Tata Motors, India’s leading automotive brand entered into a partnership with Indian Bank to facilitate easy financing for its passenger vehicles customers. This strategic partnership aims to provide customized and attractive car loans from across 5700+ branches of Indian Bank across the country. The easy financing will be available at attractive interest rates starting as low as 7.80%. The scheme will provide up to 90% financing on road funding, with repayment terms of upto 7 years. Customers can foreclose or provide partial payments at no additional fees. Tata Motors’ customers can also register for the finance options through Tata Motors’…

27 Jul

Tata Motors to deploy biggest EV fleet in Eastern India

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Tata Motors announced its partnership with EC Wheels India Pvt. Ltd (an Associate of Steelman Group), an app based urban transportation service in Kolkata to deploy 1,000 XPREST Electric sedans for cab transportation. With a commanding EV market share of 90% in the east, the signing of this MoU makes for the biggest ever EV fleet order in the region. In July 2021, Tata Motors launched the XPRES brand, exclusively for fleet customers and XPRES-T EV is the first vehicle under this brand. The XPRES-T electric sedan comes with 2 range options – 213km and 165km. It comes with zero…