Business News Northeast - Latest Business Northeast News & Updates

25 Sep

Vodafone wins decade long Rs 20,000 crore retro tax battle in international arbitration.

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Telecom giant Vodafone on Friday won a significant ruling against the Indian government in an international court over Rs 20,000 crore in dues which it had described as unfair.The international arbitration tribunal in The Hague ruled that the Indian government's imposition of a tax liability on Vodafone is in breach of the investment treaty agreement between India and the Netherlands, sources told news agency Reuters. The tribunal, in its ruling, said the government must cease seeking the dues from Vodafone and should also pay over Rs 40 crore to the company as partial compensation for its legal costs, the source…

25 Sep

Yes Bank Founder : ED Attaches London Flat Worth Rs 127 Crore of Jailed Rana Kapoor.

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The Enforcement Directorate (ED) has attached a Rs 127-crore flat of Yes Bank co-promoter Rana Kapoor in London in connection with a money laundering investigation against him and others, the central agency said on Friday. The agency issued a provisional order for attaching the property — Apartment1, 77 South Audley Street, London — under the Prevention of Money Laundering Act (PMLA). "The market value of the flat is 13.5 million pound (about Rs 127 crore). The property was purchased by Rana Kapoor in 2017 for 9.9 million pound (Rs 93 crore) in the name of DOIT Creations Jersey Limited and…

25 Sep

Pandemic makes 90% Indians careful with expenses: Survey.

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Even as Indians increase their spending with the easing of lockdowns, over 90% of respondents in a survey said that the pandemic has made them more careful with expenditure as against 75% of global respondents.Indians are being increasingly careful with money despite many of them (56%) reporting a spike in spending in July compared to global peers (46%). According to a survey conducted by Standard Chartered Bank, 76% of survey respondents in India said that the economic impact of Covid-19 has made them more likely to track their spending. The examine of 12,000 adults throughout 12 markets — Hong Kong,…

25 Sep

WhatsApp’s Defence Secrecy Measures Amid Row Over Leaked Chats In Drugs Probe.

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Social community platform WhatsApp in the present day stated that its messages are protected and no third get together can entry them — an assertion that got here amid hypothesis about how the Narcotics Management Bureau managed to entry previous messages throughout its investigation into the Bollywood drug angle, an offshoot of the Sushant Singh Rajput case. The central company has summoned actors Deepika Padukone and Shraddha Kapoor on foundation of chats relationship again to 2017, accessed from the cellphone of expertise agent Jaya Saha, Jaya Saha was the expertise supervisor of Sushant Singh Rajput, who was discovered useless at…

24 Sep

TKM presents Toyota Urban Cruiser

editor0 CommentsBusiness, LifestyleTOYOTA

The youngest SUV from the stable of Toyota Kirloskar Motor (TKM) has been launched. It is the all-new Toyota Urban Cruiser. The Toyota Urban Cruiser is the second model launched in India under the global Toyota-Suzuki alliance. The much-awaited compact SUV was launched in a stellar event in presence of TKM Managing Director Mr. Masakazu Yoshimura, Mr. Naveen Soni, Senior Vice-President (Sales and Service) and Mr. Tadashi Asazuma, Vice-President (Sales and Marketing) and popular Indian superstar and singer Mr. Ayushmann Khurrana. The all-new Urban Cruiser will feature the new powerful K-Series 1.5 litre four-cylinder Petrol Engine and will be available…

23 Sep

Harpic launches two campaigns with Akshay

editor0 CommentsBusinessHARPIC

Harpic has been working towards providing clean and hygienic sanitation solutions across the world for 100 years. Both, Harpic Toilet Cleaner and Harpic Bathroom cleaner have been tested by internationally accredited external laboratories and have been proven to effectively kill>99.9% germs and the Sars-Cov-2 (Covid-19) virus when used undiluted. Being a leader in the toilet care category in India, Harpic has been pioneering the cause of hygiene and sanitation in Indian homes for decades. Harpic, with its new brand campaign- ‘Saaf Nahi Swachh’, is educating consumers on superior hygiene and disinfection of toilets and bathrooms at home to protect their…

23 Sep

Colgate to inspire optimism at IPL 2020

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The market leader in Oral Care in the country, Colgate-Palmolive (India) Limited, in its continuous endeavor to Keep India Smiling, has collaborated as the official Smile Partner with 6 teams at the upcoming Dream11 Indian Premier League 2020. The teams include Delhi Capitals, Kings XI Punjab, Kolkata Knight Riders, Mumbai Indians, Rajasthan Royals, and Sunrisers Hyderabad. Colgate’s Smile Icon will be visible across a variety of touchpoints across the tournament. Mr. Arvind Chintamani, Vice-President, Marketing, Colgate-Palmolive (India) Limited, said, “While the pandemic has been a time of uncertainty and difficulty, the start of the upcoming T20 cricket season has brought…

23 Sep

Amway looks at scaling home delivery orders to 5X

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One of the country’s leading FMCG direct selling companies, Amway India is focusing on bolstering it's home delivery (HD) and logistics network to support the surge in online orders. As a part of Amway’s 10-year growth vision, focused on unleashing the power of entrepreneurship coupled with the emerging trend of social commerce, the global direct selling giant had begun integrating offline-to-online (O2O), earlier this year, to drive targeted results. The company has witnessed a significant shift to online sales, from 33.6% in February 2020 to over 70% today. Amway expects the trend to continue and foresees the online orders to…

23 Sep

Masai School enables us to achieve the dream job

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In India, social status and financial barriers are common hurdles to access quality education. In an attempt to break this, Masai School integrated the Income Sharing Agreement (ISA) or the ‘Study Now, Pay Later’ model as a business practice. In definition, an income share agreement (or ISA) is a financial structure in which an individual or organization provides something of value (often a fixed amount of money) to a recipient who, in exchange, agrees to pay back a percentage of their income for a fixed number of years. Masai School began operations in June 2019, in Bangalore. It also has…

22 Sep

GIGAnet network from Vi

editor0 CommentsBusinessGIGAnet

Vi, the new brand born through the integration of two of India’s most loved telecom brands - Vodafone and Idea, launched GIGAnet, India’s strongest 4G network. India’s leading telecom operator, Vodafone Idea Limited has set up a world-class network with largest spectrum portfolio, huge capacity, and built on many principles of 5G architecture that help in delivering a superior network experience. GIGAnet is future fit and promises a stronger, better and faster network. VIL’s 4G population coverage now reaches nearly 1 billion Indians and the company continues to invest in 4G to increase coverage and capacity. VIL has successfully deployed…