Business News Northeast - Latest Business Northeast News & Updates

17 Jul

Sony updates Extra Bass wireless speaker range

editor0 CommentsBusinessSONY, WIRELESS

With the launch of SRS-XB43, SRS-XB33 and SRS-XB23, Sony India updated its Extra Bass speaker range. The wireless speakers are equipped with enhanced audio quality and are designed to support deep and punchy bass which is perfect for house parties. The SRS-XB43 sports a unique rectangular diaphragm design which ensure deep bass and clear vocals, delivering best sound quality, SRS-XB33 is an all-rounder with tough design and long-lasting battery life and SRS-XB23 are perfect outdoor companion with easy portability and compact design. The SRS-XB43 & SRS-XB33 support 24 hours of music playback to ensure uninterrupted music throughout the day. The…

17 Jul

UTI Equity Fund is suitable for long-term investors

editor0 CommentsBusinessUTI

UTI Mutual Fund is suitable for any long term investor. UTI Equity Fund is an open ended equity scheme investing across large cap, mid cap, small cap stocks, having a corpus of over Rs. 9,500 crores and having over 12 lakh investors (as on June 30, 2020). The scheme’s top ten holding consists of Bajaj Finance Ltd., HDFC Bank Ltd., Kotak Mahindra Bank Ltd., HDFC Ltd., L&T Infotech Ltd., Tata Consultancy Services Ltd., Infosys Ltd., Info-Edge (India) Ltd., Shree Cement Ltd. and Astral Poly Technik which accounts for around 42% of the portfolio’s corpus as of June 30, 2020. UTI…

16 Jul

Bandhan Bank grows stronger – now has 2.03 crore customers

editor0 CommentsBusinessbandhanbank

Bandhan Bank today announced the results of the first quarter of financial year 2020 - 21. The Bank’s total business grew 24.99% year-on-year to reach Rs.1,34,941 crores. The Bank started operations in FY15-16 and will complete five years of operations in August this year. In just 5 years, the Bank has 4,559 banking outlets through which it serves 2.03 crore customers. The total number of employees working at Bandhan Bank stands at 41563. The Bank’s deposit book grew 35.30% over the corresponding quarter of the previous year. The total deposits now stand at Rs.60,610 crore. The current account + savings…

16 Jul

Amway India hosts a webinar with FICCI

editor0 CommentsBusinessficcci

Amway India, one of the country’s leading FMCG direct selling companies, partnered with FICCI to host a webinar on Entrepreneurship Opportunities in the North-East post-COVID-19 era. The webinar was attended by Ashish Phookan, Chairman, FICCI Assam State Council, Kekhrievor Kevichusa, Commissioner & Secretary to the Government of Nagaland and Ronn Pakrashi, Chairman- sub-committee of agro-food processing, FICCI Assam state council amongst others. The special digital event focused on the emerging opportunities created by various industries in the region with the rise of the gig economy in the current scenario. Rajat Banerji, Mentor, FICCI Direct Selling Task Force and Vice-President -…

16 Jul

RLG India’s Clean to Green Campaign Commences E-waste Collection Program in Five New Cities This Year

editor0 CommentsBusinessIndia, RLG

Under the aegis of Ministry of Electronics and Information Technology (MeitY) and in line with the Digital India movement, RLG India drives the Clean to Green campaign to encourage safe and responsible disposal of electronic waste (e-waste). Through the campaign, RLG India reinforces its commitment towards building a sustainable and greener environment and preventing the poisoning of our ecosystem due to the flow of e-waste into landfills. Ms. Radhika Kalia, MD, RLG India, who drives the Clean to Green campaign, said, “Under this program, we acquire discarded and unwanted electronic products and recycle them to protect the environment. The e-waste…

16 Jul

Extension of OYO’s ‘Sanitised Stays’ initiative

editor0 CommentsBusinessOYO, Unilever

One of the world’s leading hotel chains, OYO Hotels & Homes has partnered with Unilever, the global consumer goods company, to enhance OYO’s ‘Sanitised Stays’ initiative with the help of Unilever’s leading home and personal hygiene brands which will be used in the cleaning and disinfecting of OYO properties. Through this partnership, select OYO properties will have Unilever hygiene kits for guests and cleaning supplies for staff. To provide a cleaner and more hygienic experience to guests right from check-in to check-out, OYO has upgraded its cleanliness and hygiene protocols to suit the ‘new normal’ with ‘OYO Sanitised Stays’. With higher…

16 Jul

‘The Big 3 – Ruby, Sapphire and Emerald’

editor0 CommentsBusinessGIA india

GIA India recently organized a Knowledge Webinar on “The Big 3 – Ruby, Sapphire and Emerald” for members of the Bangiya Swarna Shilpi Samity in Hanschara, West Bengal. More than 45 members from the association attended this webinar to learn important information about the three gemstones. GIA India Instructor Mohit Agrawal shared insights on the colours, qualities, sources and treatments for rubies, sapphires and emeralds. The webinar also taught the participants about laboratory-grown gems and simulants, along with a few care and cleaning tips. Sriram Natarajan, Managing Director of GIA India, said, “The COVID-19 crisis has brought new sets of…

15 Jul

Google to pick 7.7 pc stake in Jio for Rs 33,737 crore.

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Google will pick up 7.7% stake in Reliance Industries’ technology venture for ₹33,737 crore, richest Indian Mukesh Ambani said on Wednesday. “We are delighted to welcome Google as a strategic investor in Jio Platforms. We have signed a binding partnership and an investment agreement under which Google will invest ₹33,737 crores for a 7.7% stake in Jio Platforms,” Mr. Ambani said at the company’s annual general meeting. This takes the cumulative fund raising by Reliance in less than three months to ₹2,12,809 crore, he said. This would be a rare instance of two FANG — Facebook, Apple, Netflix, Google —…

15 Jul

Jio says it will launch 5G service with Made-In-India.

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Jio Platforms has designed and developed a complete 5G solution from scratch. Jio's 'Made-in-India' 5G tech will be deployed and launched in a year once spectrum becomes available. Reliance Industries (RIL) claims that once it is proven in India, Jio Platforms will be well placed to be an exporter of 5G solutions to other telecom operators globally as a complete managed service. “Today, I have great pride in announcing that Jio has designed and developed a complete 5G solution from scratch. This will enable us to launch a world-class 5G service in India, using 100% homegrown technologies and solutions,” said…

11 Jul

Amazon says it will not ban TikTok from employee phones.

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Roughly five hours after an internal email went out Friday to Amazon employees telling them to delete the popular video app TikTok from their phones, the online retailing giant appeared to backtrack, calling the ban a mistake. “This morning’s email to some of our employees was sent in error,” Amazon emailed reporters just before 5 p.m. Eastern time. “There is no change to our policies right now with regard to TikTok.” The development comes days after India banned 59 Chinese apps, including Tik Tok and UC Browser, saying that they are "prejudicial to sovereignty and integrity and defence" of the…