Business Bureau

Sterlite Power has successfully commissioned the Nangalbibra-Bongaigaon transmission line, a 400kV D/C Inter-State Transmission System (ISTS) project aimed at enhancing energy infrastructure across North-East India. The project ensures reliable electricity supply in Meghalaya and facilitates power transfer from Assam. Spanning 300 circuit kilometers, the project includes a greenfield substation at Nangalbibra, Meghalaya, with a 300 MW transformation capacity and a 123 km transmission line crossing the Brahmaputra River. Additionally, a 132kV D/C transmission line links Hatsinghmari, Assam, to Ampati, Meghalaya, providing an additional power source. The substation also enables future 400kV expansions to meet rising load demands. Mr. Arun Sharma,…

Fenesta, India’s largest windows and doors brand, has further strengthened its retail footprint by opening an exclusive showroom, The Home Story, at Saraswati Tower, Beside Beharbari Flyover, N.H.-37, Guwahati. The showroom will feature a wide range of aluminum windows, uPVC windows and doors, and solid panel doors. Speaking at the launch, Mr. Saket Jain, Business Head of Fenesta, said, “Every new showroom reflects our customers' trust and our dedication to delivering quality products. These stores provide an interactive experience for customers to see and feel the products before making a decision.” Fenesta’s products are popular for their noise and rain…

DSP Mutual Fund has launched the DSP Nifty Private Bank Index Fund, an open-ended scheme designed to track the Nifty Private Bank Index. This fund offers investors a concentrated exposure to India’s largest private banks, including the four dominant players that make up around 80% of the index. The move reflects DSP's belief that larger banks, due to their customer trust, access to capital, and economies of scale, have a distinct edge in maintaining growth and stability. The Indian private banking sector has witnessed significant growth, with its market share doubling over the last two decades. Despite this, the Nifty…

India’s healthcare sector is poised for transformation, with NSDC International spearheading efforts to build a globally competent care workforce. Speaking at the summit “Transforming the Future of the Skilled Workforce in the Care Sector” in Chandigarh, Shri V.K. Paul, Member (Health), NITI Aayog, stressed the need for advanced skilling programs to meet rising national and global healthcare demands. “Private sector collaboration and strong industry-academia partnerships are essential to bridge the skill gap,” Paul said. “With evolving curriculum and enhanced training programs, India can enhance its healthcare skilling ecosystem and become a global leader in care workforce supply.” The event saw…

NSDC CEO and MD Shri Ved Mani Tiwari has urged Indian youth to leverage NSDC International’s skilling initiatives for ethical migration instead of risking lives through illegal “donkey routes.” Emphasizing the importance of ethical migration, Tiwari highlighted the organization’s efforts, supported by the central government, to streamline job opportunities abroad through collaborations with various international governments. Tiwari revealed that NSDC International has established skill assessment centers for 100 trades across India to certify candidates ready for employment in countries like Israel, Japan, and Germany. “The world values skilled professionals, and the right training can open sustainable, high-paying careers abroad,” he…

Essencemediacom has won the media mandate for Godrej Consumer Products Ltd (GCPL), one of India’s leading FMCG companies. The agency will manage GCPL’s media strategy, planning, buying, and execution across traditional and digital platforms in the Indian market, starting April 2025. The mandate was secured after an intense four-month pitch. Essencemediacom will take over from Madison World, GCPL’s media partner for over two decades. Harshdeep Chhabra, Head of Global Media at GCPL, expressed confidence in Essencemediacom’s ability to drive innovation and volume growth. “Essencemediacom’s experience in traditional and digital media will help us expand into new categories and enhance our…

The National Skill Development Corporation (NSDC) has unveiled an ambitious plan to expand its skilling footprint with the establishment of 50 new Future Skill Centres and 10 International Academies across India. The announcement was made by NSDC CEO ShriVed Mani Tiwari at the Annual Press Conference. “The number of industry-aligned programs will rise beyond 300, covering 12 emerging technologies, with a goal to train over 2 lakh candidates,” Tiwari stated. Partnerships with 33 global corporations and 11 premier institutions have already led to the creation of 21 Future Skills Centres and the training of over 27,000 candidates. NSDC also plans…

Bandhan Mutual Fund has launched its Bandhan Nifty Next 50 Index Fund, an open-ended scheme tracking the Nifty Next 50 Index. This index comprises the top 50 companies ranked just after the Nifty 50, representing high-growth potential within India’s top 100 listed stocks. The New Fund Offer (NFO) will open on February 13 and close on February 25, 2025. Investors can apply through mutual fund distributors, online platforms, or the company’s website. Vishal Kapoor, CEO of Bandhan AMC, highlighted the fund’s potential, noting, “The Nifty Next 50 Index offers exposure to well-established companies still in their high-growth phase. Past trends…

A new study by Edelweiss Life Insurance reveals that 60% of India’s Sandwich Generation—aged 35 to 54—feel financially unprepared for the future. The generation, balancing support for ageing parents and growing children, faces ongoing financial stress, with many feeling that saving or investing is never enough. The study, conducted with YouGov across 12 cities and 4,005 respondents, highlighted that financial decisions are driven by family needs, including healthcare and education. However, premature liquidation of investments for both essential and non-critical needs, such as vacations and festive spending, is common. Sumit Rai, MD & CEO of Edelweiss Life Insurance, said, “This…

Jogesh Thakur, a hairstylist from Magic Fingers 7 (Kamarchuburi, Tezpur), has earned a place among the top 30 finalists at the Godrej Professional Spotlight. Organized by Godrej Professional, a leading hair care brand under Godrej Consumer Products Ltd (GCPL), the platform celebrates hairstyling talent across India, providing recognition and professional development opportunities. The grand finale in Mumbai saw finalists showcase hair colour creations inspired by Godrej Professional’s Surreal Collection. Thakur impressed the jury panel, which included Godrej Professional Creative Director Yianni Tsapatori, National Technical Head ShaileshMoolya, and actress Adaa Khan. Tezpur is buzzing with pride over Thakur’s achievement, which has…