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Business News Northeast. Read all the Latest Business News from Northeast India. Breaking News Today from North East India.

Bandhan Bank alerts customers about fake news.
28 May

Bandhan Bank alerts customers about fake news.

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Bandhan Bank alleged that a few news items and videos have been posted in social media on so-called waiver of loans extended by the bank to its customers. These are baseless. Moratorium and total waiver of installments of loans are separate matter. Releasing a statement, Bandhan Bank mentioned government instructions and said, the bank may change the date of collection of installments against loans but the rate of interest will be there during the unpaid period as it was. It will even be added to the capital loan amount. Earlier, following Reserve Bank of India instructions, Bandhan Bank declared moratorium…
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Pampers’ campaign: #WelcomeToTheWorld.
25 May

Pampers’ campaign: #WelcomeToTheWorld.

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#WelcomeToTheWorld - leading diapers brand Pampers released this heart- warming film. Building on the insight that no matter the uncertainty that surrounds her, a mother is engulfed with hope and a deep sense of positivity when she holds her baby for the very first time, the film shares a mother’s wish for her child during this time of uncertainty. This film hopes to spread a ray of reassurance that babies are being born into a world that is filled with love, courage, and unity.Pampers deeply understands the shifting realities of new parenthood in this unprecedented times. The film portrays the…
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19 May

Flipkart’s partnership with Vishal Mega Mart

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Bengaluru/ Guwahati, May 19: To facilitate the delivery of essentials at consumers' doorstep in the fastest & safest manner possible, Flipkart today announced its partnership with Vishal Mega Mart. Consumers across 26 cities including Bengaluru, Hyderabad, Kolkata, Patna, Guwahati, Amritsar, Jalandhar, Jaipur, Bareilly, Varanasi, Lucknow, Kanpur, Aligarh, Dehradun, Indore, Bhopal, Gwalior, Raipur, Bilaspur and Bhubaneswar, along with those in Goa and NCR-Delhi will be able to order essentials from Vishal Mega Mart. Under this partnership, a Vishal Mega Mart Essentials store has been created on Flipkart. Consumers can order a wide assortment of essential products and other essential items from…
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The Trade Ministry Is Proposing A Tax Holiday For Companies Bringing New Investments.
12 May

The Trade Ministry Is Proposing A Tax Holiday For Companies Bringing New Investments.

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The trade ministry is proposing a tax holiday for companies bringing new investments as the government explores measures to support the economy amid the coronavirus pandemic, according to people familiar with the matter. The proposal to give a 10-year full tax exemption to companies making new investment upwards of $500 million is being evaluated by the finance ministry, said the people, who asked not to be identified citing rules. The plan requires companies to start operations within three years from June 1, and will cover sectors including medical devices, electronics, telecom equipment and capital goods, they said.
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COD Banned In Ahmedabad.
11 May

COD Banned In Ahmedabad.

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All home delivery and retail companies in Ahmedabad will have to accept payments for their goods and services via online payment platforms starting May 15, a senior Gujarat official said in an order on Monday, adding cash-on-delivery is banned. The decision was taken to check the growth of the virus in one of the worst-hit cities in the country."As an abundant caution to prevent corona spread though currency notes, it has been made mandatory to accept digital mode of payments through unified payment interface (UPI) and other platforms. Thus, home delivery has been made mandatorily cashless (COD-Cash On Delivery not…
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India begins transporting essential commodities to Bangladesh by railways
10 May

India begins transporting essential commodities to Bangladesh by railways

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India began transporting essential commodities by railways, weeks after bilateral trade was hampered due to the coronavirus pandemic. "To ensure the supply of essential commodities to Bangladesh, measures have been taken to transport the essential commodities through the existing rail links between India and Bangladesh," said the Indian High Commission in a press statement today. The first freight train loaded with onions was handed over by Indian Railways to Bangladesh Railways at the Gede (India) - Darsana (Bangladesh) interchange point on May 9, 2020, it added. After customs clearance, the train consisting of 42 covered wagons loaded with onions will…
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In Japan, world’s longest-running TV cartoon show switches to re-runs as coronavirus halts production
10 May

In Japan, world’s longest-running TV cartoon show switches to re-runs as coronavirus halts production

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Millions of Japanese viewers of the world’s longest-running animated cartoon TV show will have to make do with re-runs from next week after the coronavirus pandemic disrupted production, Fuji Television Network said on Sunday. Aired every Sunday since 1969, the “Sazae-san” show features the everyday ups and downs of suburban Japanese housewife Sazae and her extended family, is a household name for many generations. It can still attract around 10% of the viewing audience, according to some estimates, for its 30-minute slot at 6.30 pm on Sundays. (Japanese website http://www.sazaesan.jp/) The show, adapted from four-frame comic strips by late author…
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Price Hike Doesn’t Stop Delhi Liquor Buyers.
05 May

Price Hike Doesn’t Stop Delhi Liquor Buyers.

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Hundreds of people lined up outside liquor shops in Delhi today, for the second consecutive day, after they re-opened following a nearly 40-day dry spell because of the coronavirus lockdown. Despite a 70 per cent increase in liquor prices in the capital, large crowds, of mostly men, were seen in snaking queues or jostling restlessly from before sunrise, without following social distancing guidelines.In some places, the police used lathis to control the crowds. A man outside a liquor shop in east Delhi's Krishna Nagar, where the cops lathi-charged the people in the mile-long queues, said he had been waiting outside…
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India Is Developing A Land Pool Nearly Double The Size Of Luxembourg To Lure Businesses Moving Out Of China.
05 May

India Is Developing A Land Pool Nearly Double The Size Of Luxembourg To Lure Businesses Moving Out Of China.

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India is developing a land pool nearly double the size of Luxembourg to lure businesses moving out of China, according to people with knowledge of the matter.A total area of 461,589 hectares has been identified across the country for the purpose, the people said, asking not to be identified because they aren't authorized to speak to the media. That includes 115,131 hectares of existing industrial land in states such as Gujarat, Maharashtra, Tamil Nadu and Andhra Pradesh, they said. Luxembourg is spread across 243,000 hectares, according to the World Bank.Land has been one of the biggest impediments for companies looking…
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