Business News Northeast - Latest Business Northeast News & Updates

18 Jan

UTI Short Term Income Fund – Ideal fund for investors

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UTI comes with a new fund, the UTI Short Term Income Fund. It is primarily an accrual-oriented income fund with the flexibility to take advantage of the yield movement at the shorter end (1 to 3-year segment) of the curve. The fund predominantly invests in high-quality CDs, CPs and corporate bonds with tactical exposure to sovereign instruments like G-Secs, SDLs, etc. to actively manage duration. The fund manager takes tactical exposure to G-Secs based on evolving market conditions and/or economic outlook. Market sources said that the inflation might see moderate in coming months primarily on back of softening of food…

15 Jan

Sushma Elementa in Himachal Pradesh

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A Punjab based leading real estate developer, Sushma Group ventures into Himachal Pradesh by announcing the launch of its exquisite residential project Sushma Elementa. The project offers seamless connectivity via Chandigarh airport and highways. The project offers an ideal destination for holiday homes in Kasauli, a picturesque hill station in Solan district which is to be developed with an investment of Rs 50-cr. The project is spread over 6 acres. The project will offer a total of 382 units of 1, 2 & 3 BHK apartments in 8 towers. Located at the height of 6,000 feet above sea level, all…

15 Jan

TRAI data reveals Vodafone Idea’s call quality

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Guwahati, January 2021: On the scale of one to five in December, Idea received a 4.8 average indoor and outdoor call quality rating. Idea also said to have received a 95.95% satisfactory rating in the month. Idea has been consistent with its high-quality voice calls since it scored a rating of 4.9 and 4.8 for indoor and outdoor calls respectively in the month of November as well. Vodafone retained its second spot on the Trai charts with an average 4.3 voice quality rating and 85.05% satisfactory rating in December. For both months in a row, Vodafone and Idea are the only industry…

15 Jan

KFC to support local & small food businesses

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KFC India announced KFC’s India Sahyog program. This program comes with an aim to give back to the community it operates in and support local food businesses in the country. Designed to help local and small food joints with reviving their business as they work to overcome the impact of Covid-19, the program will be executed in association with Food Safety and Standards Authority of India (FSSAI) and National Restaurant Association of India (NRAI). In the first phase, select restaurants across Delhi, Hyderabad and Bangalore will have access to specially designed training modules on various aspects of the restaurant business.…

15 Jan

Getting info on Bosch Power Tools made easy

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Aiming to enhance user convenience and experience, Bosch Power Tools launched its new QR code-based web application – BeConnected. The web application extensively covers the aspects of utilities, product security, organization and documentation, and User-oriented sales. By scanning the QR codes on each power tool, a user can check whether the product is genuine or not along with its complete technical specifications. Additionally, by scanning the QR code on the tool, users can register the tools for e-warranty by uploading the invoice and can also avail exciting offers available from time to time. As a launch offer, Bosch is offering…

13 Jan

Kolkata housing market improves in Q4

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In the aftermath of the coronavirus pandemic, the increased awareness about homeownership has helped Kolkata improve its supply and sales numbers. Kolkata, however, has a long road ahead of it before it reaches the stages of complete recovery, shows Real Insight: Q4 2020, a quarterly analysis of India’s eight prime residential markets by brokerage firm PropTiger.com. At 1,658 units, new supply in Kolkata was at a six-quarter high. The new supply was concentrated in New Town, Madhyagram and Dum Dum, which contributed 49% to the overall launches. Both 2BHK and 3BHK had an almost equal share in the overall new supply with…

13 Jan

TKM explores safer delivery of new vehicles in Imphal

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Toyota Kirloskar Motor (TKM) has initiated a pilot project for road transport of Toyota vehicles until the capital city of Imphal. This is aimed for safer delivery of vehicles to customers in Manipur. Till recently, TKM was delivering new vehicles in six-car carrier trucks only up to Khatkati in Assam due to the road infrastructure and other related challenges. TKM’s dealer partner, Punya Toyota, had to send its personnel to drive down individual cars from Khatkati to its outlet in Imphal. TKM has initiated a pilot project for road transport of new vehicles in four-car carrier trucks right up to…

12 Jan

Bandhan Bank to provide services to Indian Army

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Bandhan Bank and Indian Army signed a Memorandum of Understanding (MoU) to launch the Bandhan Bank Shaurya Salary Account which comes with banking privileges for the Indian Army. Services under Bandhan Bank Shaurya Salary Account will be offered to serving personnel of the Indian Army through the Bank’s network of banking outlets. The account will offer a host of features. The MoU was signed by Lt. Gen. Ravin Khosla (AVSM, SM, VSM), DG (MP & PS), Indian Army, and Chandra Shekhar Ghosh, Managing Director & CEO, Bandhan Bank, in New Delhi, in presence of Lt. Gen. Harsha Gupta (AVSM, YSM,…

11 Jan

All-new Nissan magnate at introductory prices

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The special introductory prices on most of the variants will continue to be available to own the all-new Nissan Magnite till further notice. To shorten the delivery period, the plant production capacity is being enhanced by introducing a third shift by employing over 1000 people to staff the manufacturing plant. The all-new Nissan Magnite is available in 20 grade line-ups and over 36 combinations, each grade walk carefully curated to meet the aspirations of discerning Indian customers. Tech-savvy Indian customers can also opt for Nissan’s optional ‘Tech Pack’, which includes a wireless charger, an inbuilt air purifier, ambient mood lighting, puddle lamps and high-end speakers. Nissan Magnite, with over 32,800 bookings and 1,80,000 enquiries since…

11 Jan

Housing.com launches ‘Housing Edge’

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Housing.com, India's leading real-estate portal owned by Elara Technologies, has launched ‘Housing Edge’, its unique full-stack rental and allied services platform, through which the company enables digitisation of multiple services which tenants and landlords can use. These services for both, owners and tenants, include packages like online rent payment, online rental agreements, tenant verification, packing & moving, furniture rental, home interiors and home services. While most Housing Edge services are available in Delhi, Bengaluru, Gurugram, Mumbai, Hyderabad, Chennai and Pune, plans are underway to offer these services in several other cities. The company has also partnered with industry-leading brands to ensure a quality user experience. Over time, more innovative…