Business News Northeast - Latest Business Northeast News & Updates

23 Oct

LIC MF Balanced Advantage Fund

editor0 CommentsBusinessLIC MF Balanced Advantage Fund

LIC Mutual Fund has announced the launch of LIC MF Balanced Advantage Fund (“LICMF BAF”), an open-ended Dynamic Asset Allocation Fund, which would invest across equity and debt & money market instruments using several parameters like valuation and earning drivers.LICMF BAF is a Dynamic Asset Allocation Fund, would aim to generate return, largely through asset allocation strategy, thereby minimizing the impact of losses in adverse market conditions. LICMF BAF model would precisely use this relationship to determine optimum asset allocation level for the scheme. The model uses Interest rates, one year forward Price Earnings ratio and Earnings Yield, to arrive…

22 Oct

IndiaFirst Life Introduces ‘Saral Bachat Bima’ Plan

editor0 CommentsBusinessIndiaFirst Life Insurance

IndiaFirst Life Insurance Company Limited (IndiaFirst Life), promoted by Bank of Baroda and Union Bank of India has introduced IndiaFirst Life Saral Bachat Bima Plan, a savings and protection cover for the entire family. This non-linked, non-participating, individual, limited premium policy provides a shorter pay commitment of five or seven years while keeping you and your entire family protected for 12 or 15 years.IndiaFirst Life claims that the Saral Bachat Bima Plan is a competitively priced plan that helps in saving for future financial needs. It secures family’s future of the plan holder in case of an unfortunate event. Furthermore,…

22 Oct

World Gold Council Report on Demand of Gold in India

editor0 CommentsBusinessWorld Gold Council

The World Gold Council today launched a report titled ‘The drivers of Indian gold demand’, the first in a series of in-depth analysis on the Indian gold market. The econometric analysis shows that rising income is the most powerful driver of Indian gold demand in the long term, which bodes well for Indian gold demand as the economy is complemented by a strong demographic dividend. The report finds for each 1% increase in gross national income per capita, gold demand rises by 0.9%, For each 1% increase in the rupee- based price of gold, demand falls 0.4% and there are…

22 Oct

HDFC Mutual Fund announces HDFC NIFTY NEXT 50 INDEX FUND

editor0 CommentsBusinessHDFC Mutual Fund

HDFC Asset Management Company, has announced launch of New Fund Offer – HDFC NIFTY Next 50 Index Fund (“the Fund”), for investors looking for returns that are commensurate with the performance of NIFTY Next 50 Index, subject to tracking error. NIFTY Next 50 Index represents 50 companies from NIFTY 100 after excluding the constituents of NIFTY 50 Index. HDFC NIFTY Next 50 Fund is suitable for investors looking for simple yet cost effective way of investing in ‘Next Top 50’ companies on the listed universe of NSE. HDFC NIFTY Next 50 Index Fund is an open-ended scheme replicating/ tracking NIFTY…

22 Oct

PropTiger.com launches mega offline property expo “Right To Home”

editor0 CommentsBusinessPropTiger.com

India’s leading online real estate company PropTiger.com will unveil the gala offline annual property event, ‘Right to Home’, in Kolkata on 23th to 24th October, starting tomorrow onwards. To be held at the Fairfield, the annual event by the REA India-owned company would provide home buyers in the City of Joy a chance to be face to face with prominent developers in India to grab the best festive offers. The two-day event this year will feature housing projects by leading real estate developers in the city, including Godrej, Sriram, Emami, Ambuja, Merlin Siddha, Alcove and Shapoorji, among others. The REA-India-owned…

21 Oct

Vi Business offers Google Workspace

editor0 CommentsBusinessGoogle Cloud India, Vi

Vi Business, the enterprise arm of Vodafone Idea Limited (VIL), has partnered with Google Cloud India to offer collaboration solutions for SMEs and start-ups. Aiding the right balance between business objectives and employee flexibility, Google Workspace will equip Vi Business Plus customers with a set of productivity applications like Google Meet, Gmail, Drive, Sheets, Slides, Docs, and Calendar at no extra cost. The partnership is aimed at facilitating flexibility and connectivity to small businesses and their workforce, in an efficient and secure manner. Starting at a monthly rental of Rs 399, Vi Business Plus customers can mix and match plans…

21 Oct

Tata Motors launches annual customer-engagement program

editor0 CommentsBusiness‘National Customer Care Day’, Tata Motors

India’s largest commercial vehicle manufacturer, Tata Motors will celebrate ‘National Customer Care Day’ on 23 October to commemorate the day when the first truck was rolled out from Tata Motors Jamshedpur plant in 1954. The company will also launch its annual customer-engagement program, the Grahak Samvaad, from 20 to 28 October. The program aims to educate the customers about the company’s innovative service and product offerings. Executives from Tata Motors will interact with customers to collect feedback and understand their expectations, key pain points and suggestions to further streamline its after sales service and improve its product offerings. “Grahak Samvaad…

21 Oct

Schneider Electric bestows the ‘Prerna Award’

editor0 CommentsBusinessSchneider Electric

Schneider Electric, the global leader in energy management and automation, has a strong commitment towards Diversity, Equity and Inclusion. This is driven through a multi-pronged strategy towards education, enablement and action along key pillars of hiring, development, policies & processes, societal impact, and advocacy. Reaffirming its strong commitment towards driving Diversity, Equity and Inclusion, Schneider Electric India presented the 4th edition of the Prerna Awards. Institutionalized in 2015, Prerna Awards recognise and honour courageous women, who have challenged the status quo in society, faced all odds, and have made strong contributions to the society. The awards were preceded by a…

21 Oct

Seagram’s Royal Stag announces new campaign #InItToWinIt

editor0 CommentsBusinessICC Men’s T20 World Cup, Seagram’s Royal Stag

A new high energy campaign, #InItToWinIt has been launched by Seagram’s Royal Stag, for the ICC Men’s T20 World Cup. #InItToWinIt campaign not only celebrates the game of cricket, but also supports team India in their endeavour to bring home the cup. The campaign features celebrated Indian cricketers Rohit Sharma, Jasprit Bumrah and Suryakumar Yadav as well as global super stars like Kane Williamson, Andre Russel, Mitchell Starc and Faf Du Plessis. #InItToWinIt campaign was rolled out with an exciting consumer promotion where fans can get an opportunity to watch the T20 WC live in UAE by participating either through…

21 Oct

Vi partners L&T for trials of Smart City Solutions on 5G

editor0 CommentsBusinessL&T, Vi

Leading telecom operator, Vodafone Idea Limited (VIL) and Smart World & Communication business of leading Engineering & Construction conglomerate Larsen & Toubro (L&T) have partnered, for a pilot project to test 5G-based Smart City solutions, as part of its ongoing 5G trials on Govt. allocated 5G-spectrum. The companies will collaborate to test and validate 5G use cases built on IoT, Video AI technologies leveraging L&T’s Smart City platform – Fusion, addressing the challenges of urbanisation, safety & security and offering smart solutions to the citizens, in a pilot to be conducted in Pune. The partnership between Vi and L&T aims…