Business News Northeast - Latest Business Northeast News & Updates

03 Dec

World Gold Council Members contributed $38bn to local economies in 2020

editor0 CommentsBusinessWorld Gold Council

World Gold Council has released a report where it highlights the role of its members, many of the world’s most forward-thinking gold mining companies, in contributing to socio-economic development in the countries and communities where they operate. Collectively, WGC member companies contributed$37.9bn to the GDP of the countries where they operate in the form of taxes, salaries and payments to suppliers. This represented 63% of the total revenue they received from gold sales and equates to almost US$1,100 in value added locally for every ounce of gold produced. The Social and economic contribution of gold mining report was based on…

03 Dec

Nissan India Exports 2954 in November

editor0 CommentsBusiness, Indianissan

Nissan India has achieved a Domestic wholesale of 2651 vehicles & Exports of 2954vehicles for November 2021 for Nissan and Datsun. Nissan India has achieved a growth 161% in domestic market for the month of November and exports have received 152%-year growth in the financial year 2021. The all-new Nissan Magnite comes with the best, lowest-in-class maintenance cost at just 30 paise/km (for 50,000 kms). Peace of mind comes with a warranty of 2 years (50,000kms) which can be extended for up to 5 years (100,000 kms) at a nominal cost. Rakesh Srivastava, Managing Director, Nissan Motor India Ltd. said,…

03 Dec

BitMEX EARN offers up to 100% APR on Tether for early adopters

editor0 CommentsBusinessBitMEX

BitMEX has announced the launch of BitMEX EARN. This interest-bearing product offers the highest annual percentage rate (APR) of all public Earn products. The product rewards users who subscribe their funds for a set period with an interest payout, ranging from 14 - 100% APR. Furthermore, BitMEX EARN is the only product of its type in the market that is 100% insurance fund backed. All payouts are guaranteed by the BitMEX insurance fund - one of the largest funds in the industry.

01 Dec

Commercial LPG gas cylinder price raised by Rs 100

editor0 CommentsBusinessDELHI, LPG

The national oil marketing companies have increased the price of commercial 19 kg LPG cylinder by Rs 100.50, taking the new price to Rs 2,101 in Delhi. Sources told news agency ANI that the increased price of LPG cylinders is effective from today. This is the second-highest price of 19 kg commercial cylinder after 2012-13 when it used to cost around Rs 2,200 per cylinder. There is no increase in prices of other domestic cylinders weighing 14.2 kg, 5 kg, 10 kg composite or 5 kg composite cylinders. The difference between prices of 14.2 kg domestic cylinder and 19 kg…

30 Nov

Tata AIA Life Insurance opens 8 New Branches in West Bengal

editor0 CommentsBusinessTata AIA

Tata AIA Life Insurance (Tata AIA Life), has been adding 8 new branches across the state of West Bengal, to expand its distribution reach. Through this expansion, the Insurer will expand its reach significantly in over 8 important locations such as Ranaghat, Tollygunj, Siuri, Barhampore, Koch Bihar, Alpurduar, Diamond Harbour, and Maldah.The Insurer currently has over 218 branches across 25 states and 175 cities of the country, while having a strong presence in the agency, broking, bancassurance, assisted purchase and online space.The step is part of Tata AIA Life’s business growth strategy to expand its distribution as well as customer…

30 Nov

PropTiger.com release its third quarter report

editor0 CommentsBusinessPropTiger.com

Housing sales have increased by 12 per cent to 1,38,051 units during January-September period of the current calendar year from 1,23,725 units in the corresponding period of 2020 as per the recent report 'Real Insight residential Q3 2021 by PropTiger.com’. In the 2020 calendar year, sales plunged 47 per cent to 1,82,639 units from 347,586 units in the previous year, mainly because of strict nationwide lockdowns to control the deadly coronavirus during April-June last year. Rajan Sood, Business Head, PropTiger.com, said, “despite the revival in the residential real estate market, housing sales might still fall short of 2019 numbers. A…

27 Nov

‘Extramarks – The Learning App’, an integrated digital learning platform

editor0 CommentsBusiness, EducationExtramarks The Learning App

EdTech giant, Extramarks has announced the launch of its new logo, visual identity, and category positioning. At the core of the branding are new visual assets, including a refreshed logo and the one-stop Learning App solution- - reflecting Extramarks values- ‘fun’ ‘engaging’, ‘integrated’ and ‘inclusive’ with a modern approach to digital learning. The new branding is already live across all internal and external communication channels. As a part of this launch, the company’s flagship product- Extramarks -The Learning App has undergone a complete experiential overhaul. Extramarks has integrated all its Applications in the K-12, JEE, NEET segments and its School-based…

27 Nov

Century LED announces Sourav Ganguly as brand ambassador for Magik

editor0 CommentsBusinessCentury LED

Century LED Ltd. has announced the appointment of iconic cricketer and former Indian captain Sourav Ganguly as brand ambassador for its Magik range of LED lighting products. It is hoped that the brand’s association with the highly popular former captain will help reinforce the brand in a more concrete way. Century LED Limited is a leading LED lights manufacturer in India which provides next-gen LED lighting solutions under the brand Magik, ranging from decorative lights to task lighting solutions. Magik provides an exclusive collection of products that have an aura. Headquartered in Kolkata, it strives to understand customers’ need and…

26 Nov

Nissan delivers 30,000th Nissan Magnite

editor0 CommentsBusinessnissan

Nissan Magnite, the first global product to launch under the Nissan NEXT transformation plan, has recently achieves the milestone of 30,000th delivery and receives 72,000 bookings so far. Nissan Magnite representins the company’s shift towards quality products that deliver higher value to customers. Mr Guillaume Cartier, Nissan AMIEO Chairperson, for Africa, Middle East, India, Europe and Oceania region in his visit to India, handed over the keys of the 30,000th Nissan Magnite to the customer in a ceremony at a Dealership in Gurgaon. The chairperson also presented Nissan Global President’s Award to the Nissan India team for the launch of…

26 Nov

Vi demonstrates 5G-based technology

editor0 CommentsBusinessVi

Vodafone Idea Limited (VIL) has demonstrated a range of 5G-based technology solutions as part of its ongoing 5G trials on Govt. allocated 5G spectrum in Pune, Maharashtra and Gandhinagar, Gujarat. Vi has been conducting 5G trials and developed a wide range of use cases relevant for Enterprises and Consumers in India.Vi has partnered with industry leaders like L&T Smart World & Communication, Athonet, Indian start-ups like Vizzbee & Tweek Labs, and technology leaders – Ericsson and Nokia for trialling use cases in the two locations. According to Ravinder Takkar, MD & CEO, Vodafone Idea Limited, “Our 5G trials showcase a…