Business News Northeast - Latest Business Northeast News & Updates

31 Oct

Indus Towers distributes 1,550 relief kits to flood-affected families in Sitamarhi

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Indus Towers, a leader in telecom infrastructure, has extended critical support to flood-affected communities in Bihar’s Sitamarhi district, distributing 1,550 relief kits through its CSR initiative, Pragati. The relief drive, held at Harivansh Middle School, was attended by Mr. Binod Prasad Singh, Mukhiya of Panchayat Barheta, who lauded Indus Towers' efforts in providing essential resources and swiftly restoring connectivity. “This timely support by Indus Towers demonstrates the strength of public-private collaboration during crises. Their role in restoring connectivity is crucial in coordinating relief and supporting recovery,” said Mr. Singh. A dedicated team of 22 Indus Towers volunteers oversaw the distribution.…

31 Oct

Castrol India Limited appoints Kedar Lele as its new Managing Director

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Castrol India Limited, a leading lubricant manufacturer, has announced the appointment of Kedar Lele as its new Managing Director, effective 1 November 2024. Kedar joins Castrol India after an illustrious two-decade-long career at Hindustan Unilever Limited (HUL), where he last served as the Executive Director of the company, responsible for Sales & Customer Development, South Asia. With his deep expertise in leading high-performing teams, driving growth, and fostering innovation, Kedar is set to play a pivotal role in steering Castrol India’s future in the evolving automotive and lubricants industry. Commenting on the appointment, Rakesh Makhija, Chairman, Castrol India Limited, said,…

30 Oct

Sensodyne and Indian Dental Association celebrate Dentists in Durgapur on World Dentist’s Day

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Sensodyne, a leading oral care brand under Haleon, in collaboration with the Indian Dental Association (IDA), celebrated World Dentist’s Day on October 3rd by honoring local dentists in Durgapur on October 28th. The event, held at Hotel City Residency, aimed to highlight the crucial role dentists play in maintaining oral health and improving patient outcomes. The initiative provided a platform for dental professionals to discuss current oral health challenges, innovative solutions, and recent advancements in the field. Notably, the event recognized several distinguished local dentists, including Dr. Sudip Chatterjee, honored as the 'Father Figure' for his pioneering contributions. Other honorees…

30 Oct

Bandhan Bank shares surge 9% on Q2 earnings; here are new price targets

Priyanka Roy0 CommentsBusiness, News

The banking stock touched an intraday high of Rs 184.40, up 9.56 per cent on the BSE. A total of 13.65 lakh shares of the firm were traded, generating a turnover of Rs 24.70 crore. Bandhan Bank shares surged over 9 per cent today after the lender reported its Q2 earnings. The banking stock touched an intraday high of Rs 184.40, up 9.56 per cent on the BSE. A total of 13.65 lakh shares of the firm were traded, generating a turnover of Rs 24.70 crore. The market capitalisation of the bank rose to Rs 29,440 crore on the BSE.…

29 Oct

Federal Bank shares rise over 7%, Q2 net profit grew up 11% to Rs 1,057 crore

Priyanka Roy0 CommentsBusiness, News

The private sector bank on Monday reported an 11 percent inflation in its net profit to Rs 1,057 crore in the September quarter as against Rs 954 crore in the same quarter a year ago.The bank's share price jumped sharply due to the huge profits and the stock gained 4.84 per cent in Tuesday's trading session.Later, the stock rose 7.83 per cent to hit its intraday high of Rs 199.49 per share on NSE. The stock gained momentum after two consecutive days of decline on the exchanges.A total of 11.50 lakh shares of Federal Bank were traded today. This bank…

29 Oct

Vi adds Vi Movies and TV app Sun NXT to strengthen Vi regional OTT offering

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Leading telecom operator Vi has announced a new partnership with top OTT platform Sun NXT, that offers a rich library of South Indian blockbuster movies, exclusive series, TV shows, LIVE TV & more in seven languages - Tamil, Telugu, Malayalam, Kannada, Bengali, Marathi and Hindi. Sun NXT’s premium content is now included in the Vi Movies & TV Plus & Lite pack, priced at Rs 248 and Rs 154 per month respectively at no extra cost. With this addition, users can access Sun NXT along with other top OTT platforms, including Disney+ Hotstar, SonyLIV, ZEE5, ManoramaMax, etc. Vi Movies &…

29 Oct

Dolby and Jin from BTS celebrate his new single in Dolby Atmos

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Dolby Laboratories, a leader in immersive entertainment experiences, is teaming up with Jin of 21st century pop icons BTS in the latest chapter of the “Love More in Dolby” global brand campaign. Jin stars in the commercial to celebrate his new single “I’ll Be There,” which is now available globally in Dolby Atmos. Following the single “I’ll Be There,” Jin’s highly anticipated first solo album Happy is set to release in Dolby Atmos worldwide on November 15th. "When I first heard my new music in Dolby Atmos, I was truly amazed by the incredibly vivid and immersive experience. It felt…

29 Oct

Usha International felicitates the ‘NIFT Best Garment Construction Award 2024’

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Usha International, India’s leading sewing machine brand, has felicitated the ‘NIFT Best Garment Construction Award 2024’ winner at the Graduation Showcase of the 2024 batch in Shillong. Usha has been conferring this prestigious award annually since 2000 to acknowledge and encourage budding fashion designers with exceptional talent and skills. The award is being given to students of fashion design graduating across 16 NIFT centres that include Hyderabad, Mumbai, Kolkata, Gandhinagar, Bengaluru, Chennai, New Delhi, Kannur, Kangra, Patna, Panchkula, Shillong, Srinagar, Rae Bareli, Bhubaneswar, and Jodhpur for the year 2024. This year, Sawakani War was presented with a Usha Janome Allure…

29 Oct

Britannia Gobbles Cake launches heritage pack celebrating Bengal’s cultural pride

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Britannia Gobbles Cake has unveiled a limited-edition Heritage Pack, a tribute to West Bengal’s vibrant culture. Featuring the iconic Howrah Bridge on its packaging, the Heritage Pack is designed to reflect Britannia’s longstanding relationship with Bengal, where its cakes have accompanied cherished moments for generations. The initiative aligns with Britannia’s “Shonar Banglar, Moner Khabar” tagline, underscoring the brand's enduring connection with the region’s consumers. Yudhishter Shringi, Chief Business Officer for Adjacency Businesses at Britannia Industries, noted, “West Bengal has always been a region with deep-rooted cultural pride, and Britannia has been fortunate to be part of that legacy for so…

28 Oct

Slice and North East Small Finance Bank join forces to transform banking in India

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slice, India’s leading consumer payments and lending company has successfully completed its merger with North East Small Finance Bank (NESFB), effective from 27th October 2024, following the receipt of all requisite shareholder and regulatory approvals. This merger unifies the operations, assets, and brand identities of both entities into a single, integrated banking institution. Reflecting on the merger, Rajan Bajaj, Founder & CEO, slice and Executive Director of the merged entity, said, “For over a year, the teams at slice and NESFB have worked tirelessly to make this merger a reality. Today, we’re thrilled to be at the starting line of…