Business News Northeast - Latest Business Northeast News & Updates

12 Apr

India recorded 1,68,912 new Covid-19 cases in the last 24 hours, pushing the country’s caseload to over 1.35 crore.

editor0 CommentsBusiness, HealthCovid 19, health, India

India Coronavirus Cases Update: Here are the top Covid-related developments of the day. India recorded 1,68,912 new Covid-19 cases in the last 24 hours, the sixth record rise in seven days, pushing the country’s caseload to over 1.35 crore. The active cases have surpassed the 12-lakh mark, while the death toll increased to 1,70,179 with 904 daily new fatalities, the highest since October 18, the data updated at 8 am on Monday by the Union Health Ministry showed. Registering a steady increase for the 33rd day in row, the active cases have increased to 12,01,009 comprising 8.88 per cent of the total…

12 Apr

PropTiger releases ‘Real Insight – Q1CY21’ report

editor0 CommentsBusinessPropTiger

Online property brokerage firm PropTiger.com released its ‘Real Insight – Q1CY21’ report. The report indicated that various measures taken by the government at the centre as well as by several state governments to boost buyer confidence have started to show positive outcomes, with home sales in India’ eight prime residential markets showing a quarterly increase of 12% in the January-March quarter (Q1) of CY (calendar year) 2021 compared to Oct-Dec quarter of 2020. According to the report, builders sold a total of 66,176 homes in the primary market in the January-March quarter of 2021, a time marked with several state governments, including…

12 Apr

Vi Business to offer Integrated IoT Solutions

editor0 CommentsBusinesstelecom company, Vi

The enterprise arm of Vodafone Idea Limited (VIL), Vi Business has strengthened its IoT portfolio with the launch of Integrated IoT solutions for enterprises. With this industry first initiative, VIL has become the only telecom company in India to offer a secure end-to-end IoT solution offering that comprises connectivity, hardware, network, application, analytics, security and support. With Vi Integrated IoT solutions, the telco will adopt a consulting-led engagement to support businesses in identifying their needs, design and develop the right IoT solution and implementation. With this launch, Vi, the largest IoT player in Indiahas strengthened its portfolio by providing a…

08 Apr

What is net-zero goal for 2050, which the US wants India to be on board on?

editor0 CommentsBusiness, HealthIndia, net zero, POLITICS, USA

John Kerry, the US President’s Special Envoy on Climate, is currently on a three-day visit to India trying to rekindle a climate change partnership that had been all but put on hold during the four years of the Donald Trump administration. The immediate purpose of the visit is to exchange notes ahead of the virtual Climate Leaders’ Summit convened by US President Joe Biden on April 22-23 where Prime Minister Narendra Modi is one of the invitees. This is Biden’s first big international intervention in climate change, and his administration would be keen to ensure a substantive outcome from it. In…

08 Apr

Mahindra & Mahindra to launch SUV XUV700 in September.

editor0 CommentsBusinessmahindra and mahindra

Mahindra & Mahindra Ltd on Thursday said it will launch its SUV XUV700 in September. The new model, which has been built on the W601 platform, will be manufactured at the company's manufacturing facility at Chakan in Maharashtra. "The XUV700, one of the most awaited offerings from Mahindra, is sure to hit the sweet spot with customers. Built on the new W601 platform, XUV700 marks the beginning of the next generation of sophisticated and authentic Mahindra SUVs," M&M Ltd CEO – Veejay Nakra said. The company said,”It will come with world-class safety features, reaffirming Mahindra''s commitment towards safety.The upcoming model will…

07 Apr

The Election Commission has removed returning officers of eight constituencies

editor0 CommentsBusinesselections, India, POLITICS, westbengal

The Election Commission has removed returning officers of eight constituencies in the city that will go to the polls in the last two phases of the West Bengal assembly elections on April 26 and 29, an official said on Wednesday. New officials have already been appointed in the Chowringhee, Entally, Bhowanipur, Beliaghata, Jorasanko, Shyampukur, Kashipur-Belgachia and Kolkata Port assembly segments, he said. Chief Electoral Officer Ariz Aftab described the transfer of the eight returning officers “as a routine move since they had held their posts for more than three years”. Sources in the poll panel said complaints were received against…

07 Apr

Himalaya MEN: Official Grooming Partner in ICC

editor0 CommentsBusinessHimalaya MEN, The Himalaya Drug Company

The Himalaya Drug Company’s Men’s care range, Himalaya MEN is all set to be the Official Men’s Grooming Partner for International Cricket Council’s men’s events through 2022. This association covers the ICC World Test Championship Finals 2021, ICC Men’s T20 World Cup 2021, and ICC Men’s T20 World Cup 2022. Chief Commercial Officer of ICC, Anurag Dahiya said, “We are pleased to have Himalaya MEN on board as a partner for some of our marquee men’s tournaments, beginning with the final of the ICC World Test Championship between India and New Zealand to be held in Southampton, ICC Men’s T20…

05 Apr

Icra forecasts surge in auto sales by 22-25 per cent

editor0 CommentsBusiness

Credit rating agency Icra has forecast a high 22-25 per cent growth for the auto industry in the next fiscal against a contraction in the last fiscal, though the resurgence of the pandemic may prove to be a hurdle. The growth will be propelled not only by a low base in the first quarter of last year but also by an expected pick-up in economic activity, improved consumer sentiment and a resilient rural economy which has been less impacted by the pandemic. Icra said the shift towards personal mobility from public transport during the pandemic will help the sector, with…

05 Apr

Foreign Secretory Shringla: increased connectivity is a major part of Prime Minister Narendra Modi’s Neighborhood First and Act East policy

editor0 CommentsBusiness, SikkimForeign Secretory, Indo-Japan Act East Forum, Neighborhood First and Act East policy, Shringla

On the visit of Sikkim, the Foreign Secretary Harsh Vardhan Shringla announced the launch of the Kanchenjunga Dialogue Track-2 to communicate with neighboring countries such as Nepal and Bhutan, which will help Sikkim to develop as a center of education and knowledge in the Northeast. During his visit, Foreign Secretary Shringla also met Governor Ganga Prasad Chaurasia and Chief Minister Prem Singh Tamang. Harsh Vardhan Shringla addressing the students of the Sikkim University said that better connectivity and development of infrastructure with neighboring countries will contribute to the economic development of the Northeast. It will create investment, trade and employment…

02 Apr

Maruti Suzuki, Hyundai and Tata Motors report robust sales in March

editor0 CommentsBusinessMaruti Suzuki

Leading automakers Maruti Suzuki, Hyundai and Tata Motors reported robust sales in March as a shift towards personal mobility and pent-up demand continued to help companies push dispatches. Toyota Kirloskar Motor, Honda Cars and Mahindra and Mahindra (M&M) also reported strong sales last month compared with the year-ago period, when dispatches were adversely impacted because of the impending transition to BS-VI from April 2020 and the nationwide lockdown to contain the coronavirus pandemic. Maruti Suzuki India said its domestic sales stood at 1,49,518 units last month against 76,976 units a month ago. Both dispatches and production were hit last year because…