Business News Northeast - Latest Business Northeast News & Updates

20 May

BitMEX expands product offering for retail users

Business Correspondent0 CommentsBusiness, IndiaBitMEX, BitMEX Spot

One of the world’s largest crypto trading platforms BitMEX has announced the launch of the BitMEX Spot Exchange for retail and institutional traders as the company looks to expand its product offering. The launch comes as the company looks to become a top ten global spot exchange following the success of its derivatives offer.The launch represents a significant step for BitMEX’s strategy to offer cutting-edge products to crypto traders in India. The exchange supports seven pairs of cryptocurrencies including Bitcoin (XBT), Ethereum (ETH), Chainlink (LINK), Uniswap (UNI), Polygon (MATIC), Axie Infinity (AXS), and ApeCoin (APE), all against Tether (USDT). Users…

20 May

CFA Institute in India expands Student Accessibility

Business Correspondent0 CommentsBusiness, Education, IndiaCFA Institute, India

CFA Institute has opened registrations for their upcoming February 2023 intake. The institute will have 4 new exam centers in Kochi, Chandigarh, Bhubaneshwar, and Guwahati for the CFA Program. These centers will take the total number of test center cities for the CFA exam to 16 across India and over 400 worldwide. The recent CFA Institute Investor Trust survey showed that Indians place a high level of trust in the potential growth in job opportunities in the financial services sector. In the post-pandemic era, students, as well as professionals, are prioritizing safety, accessibility and ease of travel while accomplishing their…

20 May

5G trials: Vi demonstrates a peak download speed of 5.92Gbps

Business Correspondent0 CommentsBusiness, India5G trials, Vi

During the ongoing 5G trials, Vodafone Idea (Vi) and Ericsson announced achieving a technology milestone by demonstrating a peak download speed of 5.92Gbps. Earlier during its 5G trials and use cases showcase in Pune, Vi had demonstrated speeds of over 4 Gbps. The new speed record of 5.92 Gbps has been achieved using the Govt allocated 5G spectrum for the trials. The new speed record by Vi, was achieved on a single test device during its 5G trials in Pune, being conducted on a combination of mid-band and high-band (mmWave) 5G trial spectrum using Ericsson Massive MIMO radios, Ericsson cloud-native…

20 May

Bandhan Bank’s strong business growth during Q4FY22

Business Correspondent0 CommentsBusiness, IndiaBandhan Bank

Financial results of Bandhan Bank have been announced for the final quarter of the financial year 2021-22. Chandra Shekhar Ghosh, MD & CEO, said, “The Bank has yet again proved its resilience with a strong performance in Q4 of FY22. We thank our customers for their continued trust and support, which has made Bandhan Bank a preferred banking partner for millions of Indians.” Bandhan Bank’s total business (deposits and advances) grew 18.6% year on year to reach around Rs.1.96 lakh-crore as on March 31, 2022. The Bank serves 2.63-crore customers through 5,639 banking outlets across 34 of the 36 states…

19 May

Motorola edge 30 at an effective price of just Rs.25,999

Business Correspondent0 CommentsBusiness, IndiaIndia, Motorola edge 30

Motorola launched the Motorola edge 30, which is not just India’s lightest 5G smartphone at 155gm but also the world’s thinnest 5G smartphone measuring just 6.79mm. It also features the Snapdragon 778G+ 5G processor for flagship-grade performance that delivers smooth multitasking and best-in-class gaming with support for Qualcomm Elite Gaming. It features the best in segment 144Hz, 10-bit pOLED display, 50 MP high-resolution ultra-wide + macro camera, a 50MP primary camera with OIS and a 32MP selfie camera. The incredible display also supports HDR10+, DC-Dimming and comes with an in-display fingerprint reader. It comes with stereo speakers with Dolby Atmos…

19 May

The latest OnePlus 10R in two variants

Business Correspondent0 CommentsBusiness, India10R, Oneplus

The global technology brand OnePlus officially has launched the latest OnePlus 10R in India. The device is powered by MediaTek Dimensity 8100-MAX chipset and has a 120 Hz Fluid AMOLED display. The MediaTek Dimensity 8100-MAX delivers 80% improved AI performance as it has a dedicated MediaTek APU 580 AI processor.OnePlus 10R with 150W SUPERVOOC Endurance Edition comes with 4,500 mAh battery and it is TÜV Rheinland certified for safe fast charging. It supports the exclusive Battery Health Engine that powers two key technologies – the Smart Battery Health Algorithm that can track and control the maximum charging current and Battery…

19 May

Axis Bank strengthens educational opportunities in Nagaland

Business Correspondent0 CommentsBusiness, AssamAxis Bank, nagaland

India’s third-largest private sector bank Axis Bank has signed an MOU with the Assam Rifles and National Integrity and Educational Development Organisation (NIEDO) for setting up the Late Captain N Kenguruse, MVC Centre of Excellence and Wellness at Kohima. It aims to support underprivileged students from Nagaland to prepare for various competitive entrance examinations to India’s premier institutions in engineering and related streams as well as other exams conducted by the National Testing Agency such as the BS-MS dual degree programs. This project was conceived by Lt Gen PC Nair, AVSM, YSM and the ceremony took place in Kohima at…

18 May

MCE’s Service Uptime Guarantee on BSIV Backhoe Loader range

Business Correspondent0 CommentsBusiness, IndiaMahindra EarthMaster., Mahindra’s

A part of the Mahindra Group, Mahindra’s Construction Equipment Division (MCE) announced the “Get Highest Productivity Per Liter of Fuel or Give Machine Back” Guarantee for their BS4 range of Backhoe Loaders – Mahindra EarthMaster. Business Head (Commercial Vehicles Business Unit) of Mahindra & Mahindra Limited, Jalaj Gupta said, “The ‘Guaranteed Higher per liter productivity (or Give Back Machine’) Promise is a landmark move in the construction equipment space. We firmly believe that it will reaffirm our customers’ faith in Mahindra’s ability to create technologically advanced, class-leading products and set higher standards for the Indian CE industry. The Service Uptime…

18 May

WardWizard announces its quarter and annual results

Business Correspondent0 CommentsBusiness, IndiaWardWizard

WardWizard Innovations & Mobility limited one of the leading auto-manufacturing companies in the Electric Vehicle segment known by the brand name of Joy E-Bike announced its quarter and annual results ended March 31, 2022. For Q4 FY22, Revenue Stands at Rs 815 mn, up 347% YoY and EBIDTA Stands at Rs 61 mn, up 279% YoY. For FY22, Revenue Stands at Rs. 1,851 mn, up 369% YoY and EBIDTA Stands at Rs. 145 mn, up 365% YoY.WardWizard has achieved a sales landmark of 30,761 units in the last financial year. The company with a current 550+ dealership network pan-India envisages…

18 May

Tata Motors commercial vehicles at EXCON 2022

Business Correspondent0 CommentsBusiness, IndiaEXCON 2022, Tata Motors

India’s largest commercial vehicle manufacturer Tata Motors showcases its high-performance trucks at South East Asia’s biggest construction equipment exhibition – EXCON 2022, under its ‘Striding towards nation building’ theme. The performance-packed product portfolio of Tata Motors features innovative mobility solutions across diverse operations. Nine high-performance M&HCVs (Medium & Heavy Commercial Vehicles) are displayed at the five-day exhibition. It exhibits three exclusive zones – Surface Tipper Zone, Mining and Quarry Zone, and Ready Mix Concrete Zone.Tata Motors has the widest product portfolio which is built to ensure high productivity and low TCO (Total Cost of Ownership) for the customers. The vehicles…