Business News Northeast - Latest Business Northeast News & Updates

29 May

Nissan helps to fight against Covid-19

editor0 CommentsBusinessCovid-19, Nissan India, Tamil Nadu

Nissan India has contributed Rs 2.2-crore to the Tamil Nadu State Disaster Relief Fund, Rs 25-lakh to the Tamil Nadu CM Relief Fund and over Rs 4.3-crore for COVID-19 relief equipment, Masks, PPE Kits etc. Over the last few months and as part of the relief equipment support, Nissan India has distributed N-95 masks, PPE kits, oxygen concentrators, portable ECG machines, X-ray machines, pulse oximeters and nasal oxygen machines in Delhi NCR & Chennai. Additionally, in partnership with the World Community Service Centre, RNAIPL distributes cooked food packets to migrant workers and the needy to solve the rising hunger crisis…

29 May

Jaishankar and Blinken discuss issues from “economic priorities” to India-China border situation

editor0 CommentsBusinessIndia, International, S Jaishankar, USA

External Affairs Minister S Jaishankar met US Secretary of State Antony Blinken on Friday, in what was their second meeting after they met on May 3 on the sidelines of the G-7 Foreign Ministers’ meeting in London. After the meeting, both Jaishankar and Blinken called it a “productive discussion”. Blinken said that they discussed issues on “regional security and economic priorities to include U.S. COVID-19 relief efforts, India-China border situation, and our support for Afghanistan”. “As friends, we will work together to address these areas of shared concern,” he said. https://twitter.com/SecBlinken/status/1398425101087895553?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1398425101087895553%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Findianexpress.com%2Farticle%2Findia%2Fjaishankar-blinken-have-productive-discussion-indian-side-highlights-vaccine-partnership-7335176%2F Jaishankar said that that they also “focused on Indo-US…

28 May

Nike says it split with Brazilian footballer Neymar amid sexual assault controversy

editor0 CommentsBusiness, Sportscrime, neymar, Nike, sexual assault, Sports

US sportswear giant Nike says it stopped working with Brazilian footballer Neymar because he "refused to co-operate in a good faith investigation" into an allegation of sexual assault against an employee. The alleged incident happened in 2016 and was reported to Nike in 2018. Nike said its investigation was inconclusive. A spokeswoman for Neymar said he denied the sexual assault and split with Nike last year for commercial reasons. "Neymar Jr will vigorously defend himself against these baseless attacks in case any claim is presented, which did not happen so far," she told the Wall Street Journal (WSJ) newspaper, which…

27 May

KFC India operates Contactless Delivery & Contactless Takeaway

editor0 CommentsBusinessContactless Delivery, KFC

With increased focus on Screening, Sanitization, Social Distancing and Contactless service, KFC India has upped its already stringent standards of safety and hygiene. (a) Screening - Regular temperature screening takes place for all team members, including delivery riders. Anyone with symptoms as cold, cough, etc. is encouraged to stay at home until they get better. (b) Sanitization - Intensified sanitization of all surfaces, including doors, door handles, counters, tables, chairs, etc. takes place every 30 minutes. Team members follow stringent hand wash protocols and wear masks at all times. (c) Social Distancing - KFC ensures that team members as well…

27 May

Sony’s new microphones provide high-quality recording

editor0 CommentsBusinessECM-LV1, ECM-W2BT, SONY, wireless and stereo lavalier microphones

Two new microphones have been launched by Sony India - ECM-W2BT (Multi Interface Shoe compatible wireless microphone) and ECM-LV1 (compact stereo lavalier microphone). The new ECM-W2BT and ECM-LV1 microphones will be available across all Sony Centers, Alpha Flagship stores, www.ShopatSC.com portal and major electronic stores across India from 26 May onwards at MRP of Rs 16,990 and Rs 2,090 respectively. With the ECM-W2BT wireless microphone, wireless high-quality audio recording with lower noise and stable connection is possible, especially when paired with the ECM-LV1 stereo lavalier microphone and one of Sony’s cameras with digital audio compatibility. This combination offers the perfect…

27 May

ICICI Pru Life’s Guaranteed Pension Plan

editor0 CommentsBusinesscustomised retirement solution, Guaranteed Pension Plan, ICICI Pru Life

An innovative retirement solution has been launched by ICICI Prudential Life Insurance by combining two variants of its popular ‘Guaranteed Pension Plan’. It offers a guaranteed return on investments. This solution provides customers with increasing regular income that doubles after five years and triples after the 11th year, thereby shielding them against the rising cost of living. The pandemic has made customers appreciate the importance of financial planning, and this is specially so for life after retirement. The customer-centric retirement or annuity products offered by the Company have enabled it to grow the annuity business segment by 120% in FY2021.…

27 May

Countries reliant on tourism to reopen borders and revive economies decimated by the pandemic

editor0 CommentsBusiness, Health, TravelCovid-19, International, Tourism, travel

The rollout of vaccines against COVID-19 is giving government officials in many countries new confidence to welcome visitors. The World Travel & Tourism Council estimates that the sector lost nearly $4.5 trillion and 62 million jobs last year. Airlines alone lost $126 billion last year and are on track to lose another $48 billion this year, according to their largest trade group. “Summer is a strong season for most markets, particularly Europe and the U.K. We really hope to see restrictions ease,” said Virginia Messina, interim leader of the World Travel & Tourism Council. The patchwork of rules around the…

27 May

Wanted Indian businessman Mehul Choksi, arrested in Dominica

editor0 CommentsBusinessBusiness, crime, India, Mehul Choksi

Mehul Choksi’s arrest in Dominica has brought relief to the family, his lawyer Vijay Aggarwal said Thursday. Vijay said the family was relieved the fugitive diamond trader was safe. “Efforts are on to speak to him so that we can know how he was taken to Dominica,” He added Choksi had been missing from his home in Antigua and Barbuda, the Caribbean nation of which he has been a citizen since early 2018. According to sources, Choksi was caught by the local police of Dominica on Wednesday night while trying to flee to Cuba in a boat. Sources said the…

26 May

Lincoln Pharmaceuticals reports 28.33% rise net profit

editor0 CommentsBusinessLincoln Pharmaceutical, Q4FY21

Lincoln Pharmaceuticals Limited has reported net profit of Rs. 11.85-crore in Q4FY21 as against net profit of Rs. 9.23-crore in the corresponding period last year, growth of 28.33%. Net revenue from operations in Q4FY21 was reported at Rs. 77.54-crore, higher by 3.03% over previous fiscal’s same period net revenue from operations of Rs. 75.26-crore. Company reported EBITDA of Rs. 16.74-crore in Q4FY21, rise of 28.25% as compared to Rs. 13.05-crore in the corresponding period last year. EPS for Q4FY21 was at Rs. 5.92 per share as compared to Rs. 4.62 in the corresponding period last year. Company has recommended dividend…

26 May

WhatsApp sues Government of India, says new IT rules mean end to privacy

editor0 CommentsBusiness, Technologywhatsapp

WhatsApp has filed a lawsuit in the Delhi High Court against the government's new digital rules that take effect today, saying these would compel it to break privacy protections to users.The Facebook-owned messaging service filed its petition on Tuesday against the rules that will require it to "trace" the origin of messages sent on the service, which is says is a violation of privacy. "Requiring messaging apps to 'trace' chats is the equivalent of asking us to keep a fingerprint of every single message sent on WhatsApp, which would break end-to-end encryption and fundamentally undermines people's right to privacy," WhatsApp,…