Business News Northeast - Latest Business Northeast News & Updates

25 Jul

5ire raises $100 million for business expansion

Business Correspondent0 CommentsBusiness

A fifth generation level 1 blockchain network and the world’s first and only sustainable blockchain 5ire announced that it has raised $100 million in Series A funding from UK-based conglomerate SRAM & MRAM. This investment makes 5ire the fastest growing blockchain unicorn in India and the only sustainable blockchain unicorn in the world, valued at $1.5 billion. 5ire was founded by Indian-origin entrepreneurs, Pratik Gauri and Prateek Dwivedi, along with web3 financier Vilma Mattila, in August 2021. The funds raised will be used for business expansion and extending 5ire’s footprint across three continents including Asia, North America and Europe, with…

25 Jul

Spark Minda launches Protective Head Gear (Helmets)

Business Correspondent0 CommentsBusiness

The flagship company of the Spark Minda Group Minda Corporation Limited launched 17 helmet models with 145 variants in the Indian retail market. The launch marks Spark Minda’s foray into the B2C space at a time when India is emerging as the largest and fastest growing helmet market globally. The company plans to add 200+ distributors and open exclusive Spark Minda branded outlets across the country. The Protective Head Gear will be available across three customer segments - Economy (Knight series), Mid (Garrison series) and Premium (Armored series) category. Spark Minda also announced the launch of 1500 fiber parts to…

25 Jul

Aditya Birla Sun Life Insurance launches a new plan

Business Correspondent0 CommentsBusiness

Aditya Birla Sun Life Insurance (ABSLI), the life insurance subsidiary of Aditya Birla Capital Limited (ABCL), announces the launch of a non-linked, a new-age savings solution - ABSLI Fixed Maturity Plan (UIN 109N135V01). This plan is designed to offer policyholders short & long-term financial security by integrating FD beating returns and protection. It provides returns of up to 6.41% along with a life cover. The plan is a single pay proposition like a fixed deposit and allows the policyholder to choose from a wide range of policy terms (5-10 years) to fit individual needs. Also, starting at 100%, the surrender…

23 Jul

Shell Engine Oil – a Multi-Fuel Engine Oil

Business Correspondent0 CommentsBusiness

The global market leader in finished lubricants Shell announced the launch of Shell Engine Oil designed and customised specially for three-wheelers. The three–wheeler segment has been growing year-on-year and plays a critical role in the country’s mobility needs by providing last-mile connectivity. Three-wheeler drivers in India have been facing multiple challenges regarding Indian roads, traffic & weather conditions in terms of overheating of the engine, increased cost of maintenance and the need for quality products. Shell with its global technological credentials has developed a customized engine oil which comes with Active Cleansing Technology that keeps the engine clean and protected…

23 Jul

JSW Cement dedicates Maa Kali Temple to her devotees

Business Correspondent0 CommentsBusiness

India’s leading producer of Green Cement JSW Cement has constructed the new Maa Kali Temple at JSW Ankur Township in Salboni, West Bengal, which was inaugurated and opened for public in early July 2022. The company has dedicated the Temple to her devotees in West Bengal. The new temple echoes the centuries old world famous Bishnupur architectural style in a contemporary way. The core idea was honed and turned into reality by Kolkata-based architecture firm, Dulal Mukherjee and Associates. The construction of the new temple was funded through the CSR spends of JSW Cement. The new Maa Kali temple has…

22 Jul

L&T’s contribution to CM Relief Fund

Business Correspondent0 CommentsBusiness

Expressing his gratitude, Chief Minister of Assam, Himant Biswa Sarma thanked Larsen & Toubro Limited for their contribution to the Chief Minister’s Relief Fund for the flood-affected people of Assam. The Chief Minister said in a tweet, “Grateful to Larsen & Toubro Ltd (L&T) for contributing ₹9,40,97,770 to CM Relief Fund. Such acts of generosity will go a long way in augmenting our Govt's efforts to provide relief to the flood-affected people. Gratitude!”

21 Jul

Jaguar Land Rover begins deliveries of New Range Rover

Business Correspondent0 CommentsBusiness

Jaguar Land Rover India announced that it has begun deliveries of the all-New Range Rover. The new luxury SUV maintains its compelling combination of effortless performance and peerless refinement with a comprehensive line-up of advanced six and eight-cylinder powertrains. It is available with a 3.0 l petrol engine or the 3.0 l diesel engine. Also, a powerful new petrol engine, 4.4 l Twin Turbo V8, is available that ensures increased refinement and performance. The New Range Rover is available with five seats in both Standard and Long Wheelbase body designs and an option of a third row for extended comfort…

21 Jul

Functional tap water supply in Meghalaya Households

Business Correspondent0 CommentsBusiness

Renoobala Marak, a resident of the South Garo Hills, Meghalaya, had to walk several km uphill to fetch water. Quite naturally women and children were busy in fetching water rather than spending time and effort in livelihood activities or education. MDA led Meghalaya Government focused on relieving people from this drudgery. From the later phase of 2019, Meghalaya Government implemented Jal Jeevan Mission which has been successful in reducing the water problem in the state. When Government of Meghalaya began the implementation, they had an uphill task, before 2019, only 4,554 households had functional tap water connection, this implies that…

21 Jul

Flipkart Marketplace builds more inclusive e-commerce ecosystem

Business Correspondent0 CommentsBusiness

India's homegrown e-commerce marketplace Flipkart has announced its continued commitment to sellers with a slew of new marketplace policies and capabilities to enable greater ease of doing business online. The initiatives aim to provide sellers a smooth and convenient experience on its platform with a host of new capabilities, programs and benefits to nurture their growth. These new features and capabilities focus on ease of doing online business for MSMEs and supporting their sustainable growth. They include Easy Settlements, Simplified Rate Card, Single Final Settlement Value for the sellers; Reduction in Operating costs like Flat and Reduced Return Cost and…

21 Jul

Agniveer Course Material available on the Vi App

Business Correspondent0 CommentsBusiness

Vodafone Idea Limited (Vi) has announced availability of Agniveer course material on the Vi Jobs & Education platform on the Vi App. Vi aims to empower Bharat youth to prepare and excel in various Government job exams, including Agniveer, by enabling access to well researched course material which can be accessed through its platform. Vi recently launched Vi Jobs & Education in partnership with Pariksha, the leading preparation platform for all Govt. exams, to help Govt. jobs aspirants with state and national Govt. exam preparation. The Agniveer test series has been specially curated by experts at Pariksha in collaboration with…