Business News Northeast - Latest Business Northeast News & Updates

19 Nov

Aditya Birla Sun Life Insurance launches ABSLI Assured Savings Plan

editor0 CommentsBusinessAditya Birla Sun Life Insurance

Aditya Birla Sun Life Insurance (ABSLI), the life insurance subsidiary of Aditya Birla Capital Limited (ABCL), has announced the launch of its new-age savings solution, ABSLI Assured SavingsPlan. A non-participating savings product, this plan will provide fully guaranteed lumpsum benefits on policy maturity and will offer consumers long-term financial security, by integrating savings and protection in a single plan. ABSLI Assured Savings Plan provides fully guaranteed benefits on death or maturity, along with the convenience of customizing the plan benefits as per the customer’s desired milestones. In addition to the guaranteed lumpsum benefit, policyholders will be eligible to receive accrued…

19 Nov

UTI Value Opportunities Fund

editor0 CommentsBusinessUTI

UTI Value Opportunities Fund is a fund that looks for opportunities which is expressed in terms of relative intrinsic value of a given stock, which means following ‘Value’ style of investment and across the market capitalization spectrum. Here ‘Value’ is buying things for less than their intrinsic value. Intrinsic value is simply the current value of the cash flows that the company generates for its shareholders over a period of time. Undervalued businesses can be found at two ends of the spectrum. At one end, the market may under appreciate the sustainability of competitive advantages and/or the length of the growth runway…

19 Nov

HyperXchange, announces its expansion in Assam

editor0 CommentsBusinessHyperXchange

hyperXchange, has announced its expansion in the north-eastern state of Assam and Barsha Rani Bishaya, an Indian actress who works in Assamese cinema, will be joining the hyperXchange team in the ribbon cutting ceremony. Strategically located in Guwahati, the online-2-offline marketplace is designed to bring affordable, easily available, and equally reliable electronic products to the local population. HyperXchangesale comes with 12-months doorstep warranty, 9-months assured buyback and 7-days worry-free return at affordable prices. Satanik Roy, Co-Founder & CPO of hyperXchange, said, “hyperXchangeentered the offline market in 2016 and have been running multiple stores across the nation on franchise ownership. Our…

18 Nov

Time has come for banks to support wealth and job creators, says PM Modi

editor0 CommentsBusinessPM modi

Addressing bankers at the symposium to ‘Build Synergy for Seamless Credit Flow and Economic Growth', Modi said banks have to now adopt a partnership model to help businesses thrive and move away from the idea of being a loan "approver" to a loan "applicant". Modi was addressing the concluding session of the conference on 'Creating Synergies for Seamless Credit Flow and Economic Growth'. “The reforms initiated by the government in the banking sector in the last six-seven years, supported the banking sector in every way, due to which the sector is in a very strong position today. The financial health…

16 Nov

BKT Tires extends its partnership with NorthEast United FC

editor0 CommentsBusinessBKT Tires

Balkrishna Industries Limited (BKT), the Indian Multinational Group and global player in the Off-Highway tire market, has announced its partnership with NorthEast United FC, for the upcoming edition of the Indian Professional Football League Season 8. BKT is the Official Tire Partner for the team, for the second consecutive season.

16 Nov

Renee Cosmetics launches10 brand new stores in Assam

editor0 CommentsBusiness, Lifestyleassam, Renee Cosmetics

Renee Cosmetics, is all set to make a difference for all the beauty connoisseurs in Assam, with its ten brand new stores. Famed actress Barsha Rani Bishaya was present for the inauguration at four of the ten outlets Henna Agencies, H L & Sons, Upahar and Beauty Zone, located in Fancy Bazar, Guwahati. With a robust online presence, the brand new physical stores go a step further in enhancing customer experiences, by presenting a superior shopping experience that is unique and new age. With a motive to combine the daily needs of women into concise packaging and empower them with…

15 Nov

Schaeffler India inaugurates Bearings Refurbishing Center in Jamshedpur

editor0 CommentsBusinessSchaeffler

Leading industrial and automotive supplier, Schaeffler India Limited (BSE: 505790, NSE: SCHAEFFLER) has inaugurated a state-of-the-art Large Size Bearing (LSB) Refurbishment Center in Jamshedpur, Jharkhand. Strategically located in Eastern part of country, this facility is in partnership with Premier Bearings India Ltd., a leading authorized distribution partner for Schaeffler India.With this center, the company has enhanced its service offerings and proximity to customers to repair bearings used in continuous operating process industries such as mining, metal & minerals, pulp & paper, railways, power sector and many more. Commenting on the milestone, Mr. Harsha Kadam, MD & CEO, Schaeffler India, said:…

15 Nov

Amazon unifies grocery stores into single online store ‘Amazon Fresh’

editor0 CommentsBusiness, India'Amazon Fresh'

Amazon has announced that it has brought together two of its grocery stores called Fresh and Pantry into a single unified store called Amazon Fresh. It is primarily a grocery platform that can be used to buy vegetables as well as grocery items. The Amazon users from 300 cities will be able to place orders for vegetables, grocery items on Amazon Fresh. An official statement of Amazon says that the company is laser-focused on providing customers the best online shopping experience, coupled with quick and safe delivery. Apart from offering great savings, Amazon Fresh will also reduce barriers to grocery…

13 Nov

JSW Paints grants Stock Options to all employees

editor0 CommentsBusiness, IndiaJSW Paints

JSW Paints, India’s most environment-friendly paints company and part of US$ 13 billion JSW Group, crossed Rs 100 crore monthly sales in October 2021. This is an important business milestone and JSW Paints has become the fastest Indian paints company to achieve this feat. The Rs 100 crore monthly sales milestone puts JSW Paints firmly on track to achieve its goal of crossing Rs 1,000 crore revenue in FY22. In the first half of FY22, the Company has grown approximately 120 percent on a year-on-year basis. JSW Paints also completed its national roll-out to become the only Indian paints company…

12 Nov

India’s most fuel-efficient petrol car All-New Celerio

editor0 CommentsBusinessAll-New Celerio

Maruti Suzuki India Limited (MSIL) has announced the launch of its much-awaited All-New Celerio. The company claims the New Celerio to be India’s most fuel-efficient petrol car which offers a stellar mileage of 26.68km/l. The car is powered by next-generation Dual Jet, Dual VVT K-Series engine with Idle Start-Stop technology which offers a spirited drive experience. The car is also equipped with new-age design, enhanced road presence, host of safety, and smart features. With segment-first features like IdleStart-Stop, the All-New Celerio makes a step forward towards sustainability byreducing CO2 emissions by up to 19% across variants. The engine offers a…