Business News Northeast - Latest Business Northeast News & Updates

30 May

Healthcare initiative on Covid-19 Critical Care

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Aiming to assist health care professionals augment skills in critical care in the management of Covid-19, Tata Trusts and the Tata group have tied up with Christian Medical College (CMC) Vellore and Care Institute of Health Sciences (CIHS) Hyderabad. This is the fourth such intervention of Tata Trusts to support India in its Covid-19 response. The Trusts’ intervention follows the Chairman, Mr. Ratan N. Tata’s statement that “urgent emergency resources need to be deployed to cope with the needs of fighting the Covid-19 crisis, which is one of the toughest challenges the human race will face.” CMC Vellore’s method trains…

29 May

Nissan’s plan for growth and profitability.

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A four-year plan has been unveiled by Nissan Motor Co., Ltd. aiming to achieve sustainable growth, financial stability and profitability by the end of fiscal- year 2023. During the four-year plan period, Nissan will take decisive action to transform its business by streamlining unprofitable operations and surplus facilities, alongside structural reforms. The company will also reduce fixed costs by rationalizing its production capacity, global product range and expenses. Through disciplined management, the company will prioritize and invest in business areas expected to deliver a solid recovery and sustainable growth. Makoto Uchida, Nissan chief executive officer, said, “Our transformation plan aims…

28 May

B Natural+ in Orange & Mixed Fruit variants.

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In a unique partnership, ITC’s B Natural and Amway India have collaborated to launch the first of its kind B Natural+ range for the Indian consumer. B Natural Juices & beverages which believes in providing fruit nourishment to its consumers, intends to provide the dual benefit of Immunity + Fruit & Fiber to them with the launch of the B Natural+ range. The promise of supporting immunity is delivered by a unique clinically proven ingredient, which has been developed by ITC’s Life Sciences & Technology Centre (LSTC). During these trying times, Immunity has emerged as a key focus area. This…

28 May

Vodafone Idea’s tie up with Paytm.

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Vodafone Idea has tied up with Paytm to launch a unique service to empower feature phone users and non-digital savvy customers to recharge their Vodafone Idea numbers with just a valid UPI ID. The move will help millions of consumers who use feature phones totop up their numbers without having the need to visit physical retail touchpoints. Envisioned as a top facilitator to financial inclusion, this service allows mobile banking transactions using basic feature phones without having to depend on mobile internet. This service is based on the innovative payment service *99# which works on the Unstructured Supplementary Service Data…

28 May

Bandhan Bank alerts customers about fake news.

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Bandhan Bank alleged that a few news items and videos have been posted in social media on so-called waiver of loans extended by the bank to its customers. These are baseless. Moratorium and total waiver of installments of loans are separate matter. Releasing a statement, Bandhan Bank mentioned government instructions and said, the bank may change the date of collection of installments against loans but the rate of interest will be there during the unpaid period as it was. It will even be added to the capital loan amount. Earlier, following Reserve Bank of India instructions, Bandhan Bank declared moratorium…

25 May

Pampers’ campaign: #WelcomeToTheWorld.

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#WelcomeToTheWorld - leading diapers brand Pampers released this heart- warming film. Building on the insight that no matter the uncertainty that surrounds her, a mother is engulfed with hope and a deep sense of positivity when she holds her baby for the very first time, the film shares a mother’s wish for her child during this time of uncertainty. This film hopes to spread a ray of reassurance that babies are being born into a world that is filled with love, courage, and unity.Pampers deeply understands the shifting realities of new parenthood in this unprecedented times. The film portrays the…

21 May

A 43-year-old Indian Businessman Won USD One Million In The Dubai.

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A 43-year-old Indian businessman won USD one million in the Dubai Duty Free draw.Rajan Kurian, who owns a construction business in Kerala, had bought the ticket online, the Khaleej Times reported on Wednesday.Mr Kurian said he was grateful for the win, considering the gloomy circumstances prevailing in the world due to the coronavirus pandemic.

19 May

Flipkart’s partnership with Vishal Mega Mart

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Bengaluru/ Guwahati, May 19: To facilitate the delivery of essentials at consumers' doorstep in the fastest & safest manner possible, Flipkart today announced its partnership with Vishal Mega Mart. Consumers across 26 cities including Bengaluru, Hyderabad, Kolkata, Patna, Guwahati, Amritsar, Jalandhar, Jaipur, Bareilly, Varanasi, Lucknow, Kanpur, Aligarh, Dehradun, Indore, Bhopal, Gwalior, Raipur, Bilaspur and Bhubaneswar, along with those in Goa and NCR-Delhi will be able to order essentials from Vishal Mega Mart. Under this partnership, a Vishal Mega Mart Essentials store has been created on Flipkart. Consumers can order a wide assortment of essential products and other essential items from…

12 May

The Trade Ministry Is Proposing A Tax Holiday For Companies Bringing New Investments.

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The trade ministry is proposing a tax holiday for companies bringing new investments as the government explores measures to support the economy amid the coronavirus pandemic, according to people familiar with the matter. The proposal to give a 10-year full tax exemption to companies making new investment upwards of $500 million is being evaluated by the finance ministry, said the people, who asked not to be identified citing rules. The plan requires companies to start operations within three years from June 1, and will cover sectors including medical devices, electronics, telecom equipment and capital goods, they said.

11 May

COD Banned In Ahmedabad.

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All home delivery and retail companies in Ahmedabad will have to accept payments for their goods and services via online payment platforms starting May 15, a senior Gujarat official said in an order on Monday, adding cash-on-delivery is banned. The decision was taken to check the growth of the virus in one of the worst-hit cities in the country."As an abundant caution to prevent corona spread though currency notes, it has been made mandatory to accept digital mode of payments through unified payment interface (UPI) and other platforms. Thus, home delivery has been made mandatorily cashless (COD-Cash On Delivery not…