Business News Northeast - Latest Business Northeast News & Updates

07 Jun

PNB releases Financial Results for FY21

editor0 CommentsBusinessFY21, Punjab National Bank, Q4FY21

Financial Results of Punjab National Bank (PNB) has been released for the quarter and Financial Year ended 31 March 2021. During FY’21, Net Profit of PNB stood at Rs 2022-Crore. Global Deposit of the Bank increased to Rs 1106332-Crore as on March’21 from Rs 1071569-Crore in March’20 with a Y-o-Y growth of 3.24%. PNB’s Savings Deposit grew by 12.0% on Y-o-Y basis to Rs 417236-Crore as on March’21 and Retail Term Deposit grew by 19.5% on Y-o-Y basis to Rs 505975-Crore as on March’21. PNB’s Operating Profit increased Y-o-Y by 28.4% to Rs 22980-Crore during FY21. Gross Global Business reached…

05 Jun

After Vice President’s account, Twitter restores verified blue tick of RSS chief Mohan Bhagwat’s handle

editor0 CommentsBusinesstwitter

Twitter restored the verified blue tick to Rashtriya Swayamsevak Sangh chief Mohan Bhagwat's Twitter handle on Saturday. It had been removed a few hours earlier. Twitter clarified that the blue badge and verified status could be automatically removed from an account if it is incomplete or inactive for six months as per its rules. The verified status of Vice President Venkaiah Naidu’s personal Twitter has also been restored hours after it was removed due to “prolonged inactivity". Apart from Bhagwat, his colleagues Suresh Soni, Arun Kumar, Suresh Joshi and Krishna Kumar had also the blue tick on Saturday. The blue…

05 Jun

Indian Government places a huge order on an unnamed Covid-19 vaccine

editor0 CommentsBusiness, HealthCOVID VACCINE, health, India

India has ordered 300 million doses of an unnamed amd unapproved vaccine from Indian firm Biological E. The coronavirus vaccine is is in Phase 3 trials, and had showed "promising results" in the first two phases, the federal government said in a statement. However, the $206m order has not received emergency approval. India has administered just over 220 million jabs so far, although much of its 1.4 billion population is now eligible for the vaccine. Less than 15% of the country has received at least one dose of the vaccination, largely because of a severe shortage of doses. India is…

03 Jun

New Holland bags 4 awards at ITOTY 2021

editor0 CommentsBusinessITOTY 2021, New Holland

A brand of CNH Industrial N.V., New Holland Agriculture (NHA) confirmed its leading position and popularity in India by picking up four awards at Indian Tractor of the Year Award (ITOTY) 2021, organized by Tractor Junction. NHA was honoured with wins across four categories: (1) Best Tractor between 51-60 HP (New Holland 3630 TX Special Edition), (2) Best Tractor for Commercial Application (New Holland 3230 NX), (3) Best Design Tractor (New Holland Excel Ultima 5510), (4) Best Corporate Social Responsibility Initiative (New Holland - Prevention of Crop Stubble Burning-Straw Management & Pond Adoption Project). The awards included two of the…

01 Jun

HDFC Bank deploys Mobile ATMs across 50 cities in India

editor0 CommentsBusiness, HealthBusiness, hdfc, India, Mobile ATMs

In view of restrictions imposed in various parts of the country, HDFC Bank today announced the availability of Mobile Automated Teller Machines (ATMs) in 50 cities across India to assist customers during the lockdown. At restricted areas, the Mobile ATMs will eliminate the need for general public to move out of their locality to withdraw cash. These mobile ATMs are currently active in cities Chennai, Mumbai, Delhi/Gurgaon, Vijaywada, Dehradun, Cuttack, Ludhiana, Lucknow, Bhubaneshwar, Chandigarh, Thiruvananthapuram, Allahabad, Pune, Hyderabad, Ahmedabad, Trichy, Salem, Coimbatore, Hosur, Noida, Jeypore (Koraput), Bengaluru, Mysore, Jaipur, Panipat, Ambala, Jammu, Nashik, Rewari, Patna. From the first week of…

01 Jun

World Milk Day: Purabi Dairy reaffirms its commitment towards sustainable dairying practices

editor0 CommentsBusiness, Assamassam, Business, India, Purabi Dairy, West Bengal, World Milk Day

On the occasion of World Milk Day on June 1, Guwahati-based West Assam Milk Producers’ Cooperative Union Ltd (WAMUL), popularly known as Purabi Dairy, focused on ‘sustainability in the dairy sector’ while taking into account the environmental, nutritional and socio-economic aspects of dairying. The theme for this year’s World Milk Day, set by the Food and Agriculture Organization of the United Nations, was 'sustainability in the dairy sector’. It aims to re-introduce dairy farming to the world, by helping to create a low-carbon future for dairy. To mark the occasion, WAMUL shared various initiatives taken by the cooperative for the…

01 Jun

Sony launches premium car audio brand line-up

editor0 CommentsBusinesscar audio, SONY

Representing Sony’s top of the line products in the world of car audio, Sony India introduced the new Mobile ES line-up. Setting a new standard for superior in-car entertainment, the Mobile ES line-up features car speakers and subwoofers including XS-162ES, XS-160ES, XS-690ES and XS-W104ES. The unparalleled sound and visual quality achieved with these line-up showcases the uncompromising passion of Sony’s engineers. Developed with various technical updates, the Mobile ES line-up helps customers experience their favorite music, boosting their mood and transforming their car environment. Mobile ES Line-up Overview – (i) XS-162ES: 6 ½" 2-way Component Speaker System, (ii) XS-160ES: 6…

01 Jun

DS Mishra launches Housing Pricing Index

editor0 CommentsBusinessDS Mishra, Housing Pricing Index, housing.com

Housing Pricing Index (HPI), an indicator of economic activity in real-estate, the second-largest employment generating sector in India after agriculture, has been launched by leading online real estate portal Housing.com along with Indian School of Business (ISB). It was launched during a virtual meet attended by Union Housing & Urban Affairs Secretary, Durga Shanker Mishra and several industry bigwigs and academicians. The HPI will provide monthly reports on price and quantity movement in various property markets across the country. According to the Gurugram-based digital real estate company, the HPI, created in association with the Indian School of Business’ (ISB) Srini Raju Centre for…

31 May

HDFC Bank To Set Up Medical Infrastructure For Covid-19 Relief

editor0 CommentsBusiness, HealthBusiness, Covid 19, HDFC BANK, India

HDFC Bank, under Parivartan, announced today a slew of measures to set up and enhance medical infrastructure across the country to assist the fight against the pandemic. The measures comprise setting up permanent medical infrastructure such as Oxygen plants, medical equipment, and ICU facilities, in addition to providing medical supplies to hospitals across India. The Bank has committed an initial amount of Rs 100 crore under Parivartan in FY 21-22 for Covid-19 relief initiatives. In FY 20-21, the Bank contributed Rs 120 crore towards Covid-19 relief, as part of Parivartan. To help improve the medical infrastructure across India, the Bank…

31 May

Airtel takes another step in delivering the best network experience for customers in Assam

editor0 CommentsAssam, BusinessAirtel, assam, Business, India, TECHNOLOGY, Telecom

Bharti Airtel (“Airtel”), India’s premier communications solutions provider, today said that it has upgraded its mobile network in Assam to deliver the best network experience for its customers. Airtel has deployed an additional 10 Mhz spectrum in the 2300 Mhz band along with advance network software tools across its network in the state to significantly bolster high speed data capacity. The deployment will strengthen an already superior network for Airtel customers across the state. It will enable improved network availability and data speeds as more and more people access high speed data services from their smart devices. Airtel had acquired the 10…