Business News Northeast - Latest Business Northeast News & Updates

28 Sep

Invesco India Focused 20 Equity Fund NFO

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A new fund titled Invesco India Focused 20 Equity Fund has been launched by Invesco Mutual Fund. Invesco India Focused 20 Equity Fund seeks to generate capital appreciation by investing in upto 20 stocks with a flexibility to move across the market capitalization range. Currently, a large portion of the portfolio will be invested in large-cap stocks. Exposure to midcap stocks will be in the range of 30% to 50%, while exposure to small-cap stocks will be in the range 0 – 20% of the portfolio. Further, the portfolio will comprise of both growth and value stocks. It is an…

27 Sep

Proud Moment, Says Serum Institute CEO Adar Poonawalla On PM’s Vaccine Assurance To The World.

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A day after asking if the government will have ₹80,000 crore available to buy and distribute the vaccine, Adar Poonawalla, the CEO of the Serum Institute of India, took to Twitter today to praise Prime Minister Narendra Modi's speech at the United Nations General Assembly on Covid-19 vaccines. 'We share and applaud your vision narendramodi ji, on providing vaccines to the global community. It is a proud moment for India, thank you for your leadership and support. It is clear that all your arrangements for India will take care of all needs for the Indian people," Adar Poonawalla tweeted. Taking…

26 Sep

BoroPlus ropes in Juhi for its Hygiene Range

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BoroPlus, the trusted antiseptic brand from the house of Emami Limited, takes on board Bollywood actress Juhi Chawla for its newly launched Hygiene Range. After a successful entry into the hygiene space with the launch of BoroPlus Hand Sanitizer in April this year, BoroPlus Hygiene Range followed it up by adding Toilet Soap Bars (BoroPlus Antiseptic + Moisturizing Soap) in June. The range is now set to hit the retail market with Hand Washes (BoroPlus Antiseptic + Moisturizing Handwash). A TVC featuring Juhi Chawla will be on air across channels and platforms mid-September onward. Ms. Priti A. Sureka, Director, Emami…

26 Sep

Wooden Street opens Experience Store

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With an investment of USD 1 Million, custom furniture startup Wooden Street is expanding into the markets of West Bengal by opening two new Experience Stores in Kolkata. It launched its first-ever store in the residential area of Salt Lake. This will later be followed by another store in the next 6 months. This newly-launched store is a one-stop-shop for furniture, furnishings and décor accessories. Furthermore, Wooden Street plans to take its expansion further within East and South-East India. These experience stores will serve as a touch-and-feel point for consumers to experience the quality and services that the company has…

25 Sep

Vodafone wins decade long Rs 20,000 crore retro tax battle in international arbitration.

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Telecom giant Vodafone on Friday won a significant ruling against the Indian government in an international court over Rs 20,000 crore in dues which it had described as unfair.The international arbitration tribunal in The Hague ruled that the Indian government's imposition of a tax liability on Vodafone is in breach of the investment treaty agreement between India and the Netherlands, sources told news agency Reuters. The tribunal, in its ruling, said the government must cease seeking the dues from Vodafone and should also pay over Rs 40 crore to the company as partial compensation for its legal costs, the source…

25 Sep

Yes Bank Founder : ED Attaches London Flat Worth Rs 127 Crore of Jailed Rana Kapoor.

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The Enforcement Directorate (ED) has attached a Rs 127-crore flat of Yes Bank co-promoter Rana Kapoor in London in connection with a money laundering investigation against him and others, the central agency said on Friday. The agency issued a provisional order for attaching the property — Apartment1, 77 South Audley Street, London — under the Prevention of Money Laundering Act (PMLA). "The market value of the flat is 13.5 million pound (about Rs 127 crore). The property was purchased by Rana Kapoor in 2017 for 9.9 million pound (Rs 93 crore) in the name of DOIT Creations Jersey Limited and…

25 Sep

Pandemic makes 90% Indians careful with expenses: Survey.

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Even as Indians increase their spending with the easing of lockdowns, over 90% of respondents in a survey said that the pandemic has made them more careful with expenditure as against 75% of global respondents.Indians are being increasingly careful with money despite many of them (56%) reporting a spike in spending in July compared to global peers (46%). According to a survey conducted by Standard Chartered Bank, 76% of survey respondents in India said that the economic impact of Covid-19 has made them more likely to track their spending. The examine of 12,000 adults throughout 12 markets — Hong Kong,…

25 Sep

WhatsApp’s Defence Secrecy Measures Amid Row Over Leaked Chats In Drugs Probe.

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Social community platform WhatsApp in the present day stated that its messages are protected and no third get together can entry them — an assertion that got here amid hypothesis about how the Narcotics Management Bureau managed to entry previous messages throughout its investigation into the Bollywood drug angle, an offshoot of the Sushant Singh Rajput case. The central company has summoned actors Deepika Padukone and Shraddha Kapoor on foundation of chats relationship again to 2017, accessed from the cellphone of expertise agent Jaya Saha, Jaya Saha was the expertise supervisor of Sushant Singh Rajput, who was discovered useless at…

24 Sep

TKM presents Toyota Urban Cruiser

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The youngest SUV from the stable of Toyota Kirloskar Motor (TKM) has been launched. It is the all-new Toyota Urban Cruiser. The Toyota Urban Cruiser is the second model launched in India under the global Toyota-Suzuki alliance. The much-awaited compact SUV was launched in a stellar event in presence of TKM Managing Director Mr. Masakazu Yoshimura, Mr. Naveen Soni, Senior Vice-President (Sales and Service) and Mr. Tadashi Asazuma, Vice-President (Sales and Marketing) and popular Indian superstar and singer Mr. Ayushmann Khurrana. The all-new Urban Cruiser will feature the new powerful K-Series 1.5 litre four-cylinder Petrol Engine and will be available…

23 Sep

Harpic launches two campaigns with Akshay

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Harpic has been working towards providing clean and hygienic sanitation solutions across the world for 100 years. Both, Harpic Toilet Cleaner and Harpic Bathroom cleaner have been tested by internationally accredited external laboratories and have been proven to effectively kill>99.9% germs and the Sars-Cov-2 (Covid-19) virus when used undiluted. Being a leader in the toilet care category in India, Harpic has been pioneering the cause of hygiene and sanitation in Indian homes for decades. Harpic, with its new brand campaign- ‘Saaf Nahi Swachh’, is educating consumers on superior hygiene and disinfection of toilets and bathrooms at home to protect their…