Business News Northeast - Latest Business Northeast News & Updates

01 Sep

Meta hosts the second edition of the Grow Your Business Summit

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Meta has hosted the second edition of the Grow Your Business Summit, its annual event dedicated to the growth agenda of small businesses in India, and announced new working capital support and enhanced service support features for all advertisers in the country. To address the evolving need for working capital, Meta has announced a new financial support feature to ease cash flow for small businesses in India - No Cost EMI. India is the first country within Meta where No Cost EMI has been launched. This feature will allow advertisers to pay Meta for their advertising campaigns in easy, equated…

01 Sep

Uber starts its operations in Aizawl with Uber Moto

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Uber has announced the launch of its operations in Aizawl with the popular Uber Moto. With this launch, Uber remains committed to offering convenient, affordable, and safe mobility solutions to more and more riders across the country. Uber’s launch in Aizawl is in line with its expansion plans in India and with the company’s ‘India to Bharat’ strategy to increase its footprint and product offerings to regional markets, thereby realizing its vision of providing doorstep pickups, safe and contactless payments, all at affordable prices. With this launch Uber aims to offer convenient pick-ups, hassle-free rides, and digital payment options at…

01 Sep

Flipkart Onboards two lakh kiranas as delivery partners

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Flipkart has announced the strengthening of its Kirana delivery program with the on boarding of an additional one lakh kiranas in the last year, taking the total partner count to over two lakh across the country. The festive season and the Big Billion Days play an important role in scaling the entire ecosystem and due to this Flipkart will deliver every shipments in this festive season across the country. Flipkart’s Kirana delivery program has seen massive acceptance across the country and more and more Kirana stores are expressing interest to join. As preparations for the festive season scale up, states…

31 Aug

PEPPERFRY’S NEW STUDIO IN IMPHAL

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Pepperfry has announced the launch of its new Studio in Imphal, Manipur. The offline expansion is in line with the company’s aim to penetrate into niche markets and strengthen itsomnichannel consumer engagement in home and living space in India. Pepperfry’s studio footprint currently spans across 90+ cities with 180+ studios in the country. Pepperfry’s new studio launched in partnership with JB Enterprises, is situated at a prime located at Mantripukhri East,in Imphal. The area is spread across1500sq.ft. It offers customers a first-hand experience of an infinite catalogue of furniture and home products. Customers will get specialized design advice from the…

30 Aug

MLPFML aims to manage pension fund assets under NPS

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Max Life Insurance Company Limited has received the Commencement of Business (COB) Certificate for its wholly owned subsidiary, Max Life Pension Fund Management Limited on August 23, 2022. This subsidiary will manage the pension assets with investment choices under the National Pension Scheme. The Pension Fund will manage pension assets for private sector subscribers and government sector subscribers excluding the ‘default scheme’, aiming to scale AUM to ~Rs 1L Cr over the next 10 years. With this development, the Company and Pension Fund will now cater to all product categories including pension products, annuities, and pension fund management to help…

30 Aug

Meta and Jio Platforms collaborate to launch JioMart on WhatsApp

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Meta and Jio Platforms launch the first-ever end-to-end shopping experience on WhatsApp. Now, consumers can shop from JioMart right within their WhatsApp chat. Consumers can start shopping on JioMart via WhatsApp by simply sending ‘Hi’ to the JioMart number on WhatsApp. A global first, JioMart on WhatsApp will enable users in India, including those who have never shopped online before, to seamlessly browse through JioMart’s entire grocery catalog, add items to cart, and make the payment to complete the purchase – all without leaving the WhatsApp chat. The launch is part of a strategic partnership between Meta and Jio Platforms.…

30 Aug

Nissan has announced the appointment of Keerthi Prakash as Managing Director

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Nissan has announced the appointment of Keerthi Prakash as Managing Director, Renault Nissan Automotive India Pvt Ltd (RNAIPL), to lead operations at the company’s Alliance plant in Chennai, India, from September 1st, 2022. Keerthi, currently Deputy Managing Director, RNAIPL, joined the plant in 2008 and has over 20 years of automotive manufacturing experience. He replaces Biju Balendran, who has decided to pursue opportunities outside of Nissan after four successful years as plant Managing Director. Frank Torres, President Nissan India Operations, said: “I am pleased to announce Keerthi’s appointment as Managing Director of our Chennai plant. He has a wealth of…

30 Aug

Flipkart unveils its Autumn Winter fashion collection

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Flipkart has announced the rollout of the new fashion season with the Autumn Winter fashion collection on the platform. A stylish curation of lakhs of new and unique styles from top Indian and International brands will be available across categories including apparel, accessories, and footwear. Flipkart has also partnered with over 100 influencers across fashion and lifestyle for a #NewForYou campaign to bolster the platform’s expansive Autumn Winter fashion curation on social media. In addition to the introduction of the Autumn Winter collection, Flipkart is also gearing up to provide a revamped shopping experience through several technology-led features for the…

30 Aug

Amaze Adjudged as the Most Prestigious Brand of 2021 in India

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Amaze, the fastest growing brand in the power segment has announced the launch of new range of state for the art technology inverters. The new range of inverters was launched in Kolkata in the presence of distributors from West Bengal, Bihar, Jharkhand, Orissa and Assam. The product was unveiled by the company's National Head Mr. Amit Shukla, AMAZE Brand Vice President Mr. Rajesh Kalra, and Regional Manager Mr. Deepak Kumar and other officials. He envisioned the future planning and present growth.All the distributors of Bihar, Jharkhand, Odisha, West Bengal & Northeast state participated in the event and took a pledge…

29 Aug

RIYA completes the milestone of 25 years in the perfumes industry

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RIYA has completed the milestone of 25 years in the perfumes industry with a turnover of INR 80 crore despite pandemic-led market challenges in FY 2021-2022. The homegrown brand, which has a pan India presence, is targeting a 20% market share in the growing perfume industry by 2025 to achieve INR 240 crore turnover.Founded in Kolkata in 1997, RIYA has also been certified to be the Perfume Segment Leader in India by Value Share for the third consecutive year by the prestigious Nielson IQ Retail Audit Report, Jan-Dec 2021. Mr Aditya Vikram Daga, Founder & CEO, Purpos Planet, said, ““RIYA…