Business News Northeast - Latest Business Northeast News & Updates

20 Jan

Deorali Bazar ropeway in Sikkim

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Gangtok, the capital town of Sikkim is witnessing the increasing number of tourists from around the country due to its scenic charm and beauty. The major attraction of the city is a Tibetan Buddhist centre. It attracts monks from Nepal, Ladakh, Himachal and other places. Young hikers from Pan-India are coming to Gangtok to explore this beautiful city. Gangtok is considered to be the base for hikers and trekkers for going through Sikkim’s Himalayan mountain ranges. A popular and thrilling tourist attraction in the city has been the ropeway, beginning from Deorali Bazar which is adjacent to the most happening…

19 Jan

AU Bank to strengthen the network of ICICI Pru Life

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AU Small Finance Bank (AU Bank), a scheduled commercial bank and one of the largest small finance banks in the country, announced a partnership with ICICI Prudential Life Insurance, one of the top private life insurance companies, to offer need and goal-based life insurance solutions. This tie-up between the two leading companies will enrich life insurance offering with an agile, accelerated, digital and paperless platform offered by ICICI Prudential Life. Through this corporate agency arrangement, over 18 lakh customers of AU Bank across over 700 banking touchpoints in 13 states and 2 Union territories, will have easy access to the…

19 Jan

Clean to Green campaign to touch 31 cities

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A leading global service provider of comprehensive reverse logistics solutions, Reverse Logistics Group (RLG) launched its flagship campaign ‘Clean to Green’ in May 2020. It will be running till March 2021. The campaign aimed at creating awareness and sensitizing consumers on responsible disposal of electronics and safe practices for recycling by partnering with responsible organizations. In Agartala, Clean to Green Campaign was held at Jolaibari Market, Tripura State Electricity Corporation Limited, Jolaibari Branch, IS Office (Inspector of Schools) and Jolaibari Society till 31 December 2020. India is currently the fourth largest producer of e-waste in the world. About 95 per…

19 Jan

‘New Year 2021 Gold Loan Mela’

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One of India’s largest non-banking finance companies, IIFL Finance has launched ‘Gold Loan Mela' in Tripura. All new customers get assured gifts on Gold Loan starting Rs. 10,000 and above. IIFL Finance is one of the fastest-growing and most retail-focused finance companies in India with over Rs 40,000-crore of assets under management and is present in 2500 locations. This scheme also offers an attractive interest rate starting 1% per month with a commitment of quick processing of loan in just 5 minutes, maximum loan value on Gold and easy digital payment options. The offer is available in 7 IIFL Gold Loan branches across Tripura. “This…

19 Jan

Mind Wars launches GK Olympiad for school students

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A multiplatform knowledge programme promoted by Zee Entertainment Enterprises Ltd, Mind Wars has announced India’s largest online general knowledge Olympiad 2020, intending to identify, encourage, and promote students towards achieving a better tomorrow. It is a national-level championship that started on 22nd November 2020 and will go on till 7 February 2021. It is open to students of classes 4 to 12 from all education boards across India. The Exam dates are: 17 January, 24 January, 31 January and 7 February. The 20-minute exam comprises relevant and interesting general awareness question across 5 topics per class that aims at improving students’…

18 Jan

Aditya Birla Health Insurance opens new branch

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The Health Insurance subsidiary of Aditya Birla Capital Limited (a significant non-banking financial services company), Aditya Birla Health Insurance Company Ltd. (ABHICL) announced the launch of its first full-service branch in Jorhat. ABHICL has adopted a unique engaging framework utilizing their ‘Phygital’ strategy that empowers individuals to opt for integrated solutions, covering both health insurance with embedded wellness programmes to remain healthy. ABHICL will leverage its new branch to reach out to individuals and empower them with the increasing financial protection needs during unfavourable health conditions. Being a health and holistic wellbeing promoting company, Aditya Birla Health Insurance is undertaking…

18 Jan

OYO announces Equal Partner Policy

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OYO Hotels & Homes, the world’s leading hospitality chain, announced the launch of its ‘Equal Partner Policy’ at a recently held webinar for its asset owners hosted by Ritesh Agarwal (Founder & Group CEO, OYO Hotels & Homes) and Rohit Kapoor (Chief Executive Officer, OYO India & South Asia). The Equal Partner Policy (EPP) will serve as a guiding principle to strengthen trust and increase transparency in the asset owner community. Under EPP, OYO has laid out seven guidelines - Communication, Respect, Availability, Transparency, Recognition, Technology and Togetherness, to ensure that the company creates a collaborative ecosystem with its owners…

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…