Business News Northeast - Latest Business Northeast News & Updates

25 Oct

On the occasion of Diwali, Puducherry sales firecrackers at low prices

editor0 CommentsBusinessDiwali, Puducherry

Puducherry sale firecrackers at low prices ahead of Diwali. In addition to the delight of locals, Papsco - a government agency, has set up shops across the union territory to sell the firecrackers at reasonable rates. Papsco is providing firecrackers at a 75 per cent subsidy to the general public. Diwali in Puducherry was a low-key affair last year due to COVID-19-induced lockdown and the earlier Congress government did not allow the sale of firecrackers in the union territory for almost two years. The government allowed the Diwali celebration only after Puducherry achieved 80 per cent vaccination. The government has…

23 Oct

Huggies’ new campaign #SahiWaliFeeling

editor0 CommentsBusiness#SahiWaliFeeling, Huggies

Huggies, the iconic brand by Kimberly-Clark, launches its new campaign #SahiWaliFeeling in its quest to partner with new moms in their inexplicable expedition of ‘motherhood’. With the understanding that mothers are constantly reeling under the pressure of perfect parenting, the brand aims to champion the power of a mom’s instinct by advocating the belief that #MomWaliFeelinghai #SahiWaliFeeling. Introduced through a TVC, the launch of the campaign will be supported by a high decibel integrated marketing overture, rooted in the product promise of softness and brand philosophy of further tightening the bond between a mother and her baby through the ties…

23 Oct

Vi and Athonet partner for trials of Industry 4.0 solutions

editor0 CommentsBusinessVi

Leading telecom operator, Vodafone Idea Limited (VIL) announced its partnership with Athonet, a private LTE and 5G solutions platform provider, to test 5G-based solutions to build Industry 4.0. The partnership with Athonet includes demonstration of enterprise use cases on 5G in several areas including smart construction, smart warehouse, smart agriculture and smart workplace. This collaboration will validate industrial use cases demonstrating high reliability, critical monitoring and control applications in primary product industries like construction, railways, warehouse, factories, etc. The trials will be conducted on 5G spectrum allocated by Department of Telecom, Government of India for establishing relevant use cases for…

23 Oct

Ramsons ropes in popular actress Ditipriya

editor0 CommentsBusinessDitipriya Roy, Ramsons Perfumes Private Limited

Ramsons Perfumes Private Limited, a leading brand in the personal care category had roped in celebrated television actress Ditipriya Roy, to be the new face for the brand. This collaboration is primarily for the Eastern market and Ditipriya will be promoting Ramsons new skin care products. The actress will work to expand the customer reach by being the face to the brand’s product line of – body oil, body lotion and moisturiser cream. Mr. Vrijesh Pandey, Managing Director, Ramsons Group said, “Ditipriya stole all our hearts with her role in Rani Rashmoni and we hope to rub off some of…

23 Oct

Stamp duty cut helps push home sales in Kolkata

editor0 CommentsBusinessPropTiger.com

Demand for housing in Kolkata seems to have improved after the West Bengal government announced a 2% cut in stamp duty and 10% reduction in circle rates for a limited period as part of this year’s Budget.According to Real Insight (Residential) – July-September (Q3)2021, a quarterly report by REA India-owned real estate company, PropTiger.com, builders sold 2,651 units in the West Bengal capital during the July-September period of 2021. This led to a 7% annual and 112% quarterly increase in sales numbers.Under the offer by the state government, which is valid till October 30, 2021, homebuyers in Kolkata pay only…

23 Oct

Castrol India Launches Forth Edition of Super Mechanic Contest

editor0 CommentsBusinessCastrol, Castrol Super Mechanic Contest

Castrol has launched the fourth edition of the country’s largest and most awaited mechanic skilling initiative, the Castrol Super Mechanic Contest (SMC). This year’s contest theme of #SeekhengeJeetengeBadhenge salutes the passion and the spirit of mechanics who keep India moving and will provide them an opportunity to upskill themselves with new technologicaladvancements in the automotive sector. Participating mechanics will test their skills with other mechanics across the country to emerge as the 2021 Castrol Super Mechanic. Amidst the ongoing pandemic, the Super Mechanic Contest2021 will leverage both physical and digital mediums to expand its reach across India’s mechanic community and…

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…