Business

Business News Northeast. Read all the Latest Business News from Northeast India. Breaking News Today from North East India.

Ashok Leyland launches ‘BADA DOST’

Ashok Leyland launches ‘BADA DOST’

Ashok Leyland (India’s leading commercial vehicle manufacturer) introduced the BADA DOST in West Bengal, reinforcing its offering in the LCV (Light Commercial Vehicle) range. BADA DOST builds on the strong foundation laid by the DOST brand, which is known for reliability, mileage and comfort. It features customer-centric offerings on technology and driver comfort, while being contemporary and futuristic. Equipped with the latest BS-6 engine, with a best-in-class payload capacity of 1,860 kg and 1,400 kg, respectively, Bada Dost makes it for the perfect companion in the terrains of West Bengal. BADA DOST is priced at Rs 8.19-Lac & 8.39-lac (i3…
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India’s Medtronic showcases its new robotic-assisted surgery platform, Hugo™ RAS System

India’s Medtronic showcases its new robotic-assisted surgery platform, Hugo™ RAS System

India Medtronic Private Limited-the world's largest medical technology, services, and solutions company showcased its new robotic-assisted surgery platform, Hugo™ RAS system, at its state-of-the-art Surgical Robotics Experience Center (SREC), which was inaugurated in Gurugram. The center was inaugurated by Padma Bhushan Dr. BK Rao, Chairman NABH, Chairman ASSOCHAM National Health Committee and Former Chairman- Board of Management at Sir Ganga Ram Hospital, Delhi in the presence of Chief Guest Shri Amitabh Kant, CEO, NITI Aayog. The SREC is the company's first in Asia Pacific and one of ten world-class facilities around the globe today where clinicians can experience and train…
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Flipkart on-track to have over 4.2 lakh sellers & MSMEs

Flipkart on-track to have over 4.2 lakh sellers & MSMEs

Flipkart, India’s homegrown e-commerce marketplace said it would onboard 1.2 lakh new sellers and medium, small and micro enterprises on its platform by December 2021. These new entrants would potentially create over 4 lakh direct and indirect jobs in the country. Flipkart has already on boarded around 75,000 sellers on its platform over the last few months. The new sellers and MSME base predominantly come from Tier 2 and 3 markets such as Agra, Indore, Jaipur, Panipat, Rajkot, Surat, and many others. Currently, the Flipkart Marketplace supports digital commerce for 3.75 Lakh sellers and is steadily working towards taking this…
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Nissan Magnite is the Official Car of ICC Men’s T20 World Cup 2021

Nissan Magnite is the Official Car of ICC Men’s T20 World Cup 2021

Nissan has announced that it has become the official sponsor of ICC Men's T20 World Cup. Nissan Magnite is the official car of ICC Men's T20 World Cup 2021. The tournament will be held from October 17 2021 to November 14, 2021 in UAE and Oman. Sinan Ozkok, president, Nissan Motor India, said, “The ICC Men’s T20 World Cup is one India looks forward to,Nissan India is proud that ‘Make in India, Make for the World SUV-the BigBold Beautiful Nissan Magniteis the Official car of ICC Men’s T20 World Cup. In these challenging times, we are hopeful that the ICC…
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Britannia launches Marie Gold My Startup Season 3.0

Britannia launches Marie Gold My Startup Season 3.0

Britannia Marie Gold’s My Startup campaign has successfully run across two seasons, providing funds and skill development for Indian homemakers to embark on their entrepreneurial journeys. In 2020, a partnership with NSDC helped the campaign provide 10,000 homemakers with basic communication skills, financial literacy through access to information and communication technology (ICT), along with micro entrepreneurial skills for socio economic self-reliance. The last day for online submissions is 5 November. In its Season 3, the Britannia Marie Gold My Start-up campaign has been broadened to help homemakers leverage the internet to grow their businesses. 77% of homemakers, who desire to…
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Mahindra launches FURIO 7 range of LCV Trucks

Mahindra launches FURIO 7 range of LCV Trucks

Mahindra’s Truck and Bus Division (MTB), a part of the Mahindra Group, announced the commercial launch of the new Mahindra FURIO7, its latest, modern range of Light Commercial Vehicles (LCVs) with an unprecedented double guarantee of ‘More Mileage or Truck Back’ and ‘Guaranteed Resale Value’ after five years. MTB has extended its existing FURIO – an Intermediate Commercial Vehicle brand launched in 2019 – to an all-new Light Commercial Vehicle range, the Mahindra FURIO7. This range will be available across three product platforms: 4-Tyre Cargo, 6-Tyre Cargo HD and 6-Tyre Tipper. The range will cover every application of business needs…
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MG Motor India unveils Astor

MG Motor India unveils Astor

MG Motor India has unveiled MG Astor, India’s first SUV with personal AI assistant and first-in-segment Autonomous (Level 2) technology. Astor is based on the MG’s successful global platform, ZS. Astor’s contemporary style will connect with consumers. It has a prominent Bold Celestial Grille that makes a solid on-road impression. Astor’s nine crystal diamond elements in the LED headlamps make for a distinct hawk-eye expression with precise details. The interiors are elegantly crafted with soft-touch and premium material. It will be coming in two engine options – the Brit Dynamic 220TURBO petrol engine and VTi Tech petrol engine. The much-awaited…
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India aims to launch FTA negotiations with UK by November 1

India aims to launch FTA negotiations with UK by November 1

India and the United Kingdom plan to launch negotiations on a trade deal between the two nations by 1 November 2021, the commerce and industry said on Tuesday.Both nations are looking at an interim trade deal by March next year, which will be followed by a comprehensive FTA. The interim deal will involve early concessions on certain key high-priority products and services related to tariffs or market access Commerce and industry minister Piyush Goyal said that an interim trade agreement is the first step towards an FTA that would allow both nations to immensely benefit from the early gains of…
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UTI Mid Cap Fund: Benefit from the Market’s Potential Sweet Spot

UTI Mid Cap Fund: Benefit from the Market’s Potential Sweet Spot

UTI Mid Cap Fund is an open-ended equity scheme investing predominantly in mid-cap companies. Mid-cap stocks fall in between the large cap and small cap stocks and are typically determined based on the market capitalization of the companies. As defined by SEBI, 101st to 250th companies by full market capitalization are mid-cap stocks. A mid-cap fund predominantly invests in mid-cap stocks with a minimum of 65% of the fund’s corpus in equity & equity-related instruments of mid-cap companies. The Fund has about 67% invested into mid-cap companies, 18% into small-cap companies, and remaining in large-cap companies as of August 31,…
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Amazon’s largest Fulfillment Centre in India

Amazon’s largest Fulfillment Centre in India

Amazon India has launched the largest Fulfillment Centre(FC) in the country with a storage capacity of more than 2.4 million cubic feet in the city of Bangalore. With this launch, in the State of Karnataka, Amazon India has increased its overall storage capacity by 60% and now, has more than 6.5 million cubic feet of storage space spread across 5 fulfillment centres. This expansion will also create diverse and meaningful work opportunities for individuals from all backgrounds,especially for locals in the nearby regions. This significant expansion in infrastructure will give over 42,000 sellers in Karnataka greater than before access to…
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