Business

Investors Roundtable in Nagaland to attract new businesses

Investors Roundtable in Nagaland to attract new businesses

The State Government of Nagaland in association with Ministry of Development of North Eastern Region (MDoNER) organised an Investors Roundtable in the city to showcase and promote Nagaland and Northeast region as a hub for trade and investment to Global Investors. The Investors Roundtable was jointly organised by the Department of Industries & Commerce and Investment Development Authority of Nagaland in association with FICCI (Industry Partner), Invest India (Investment Facilitation Partner),and EY (Knowledge Partner). The Roundtable was graced by Shri Neiphiu Rio, Hon'ble Chief Minister of Nagaland and Shri T. R. Zeliang, Deputy Chief Minister, Planning and Transformation with other…
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Flipkart ‘Big End Of Season Sale’ is here

Flipkart ‘Big End Of Season Sale’ is here

Flipkart, India's homegrown e-commerce marketplace, has announced its 'Big End of Season Sale' event, which will bring close to 200,000 sellers and more than 10,000+ brands together to bring a wide selection of fashion, beauty and lifestyle products to millions of customers across India.  The week-long event will give customers a differentiated shopping experience with technology interventions such as Image Search, Video Catalog, Virtual Try-Ons, Video Commerce and Top Filters. Flipkart has witnessed heightened interest on its digital first brands, with over 40% of new customers coming in through this category.  To effectively serve a growing customer base, Flipkart sellers…
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Droupadi Murmu visits to Suriname and Serbia

Droupadi Murmu visits to Suriname and Serbia

President Droupadi Murmu will embark on her first-ever state visit to the Republic of Suriname and the Republic of Serbia from June 4-9, 2023. She will participate as a Chief Guest in the celebrations commemorating the 150th anniversary of the arrival of Indians in Suriname on June 5. The President will visit Paramaribo, Suriname on June 4-6, 2023 at the invitation of Chandrikapersad Santokhi, President of the Republic of Suriname and President will hold bilateral talks with President Santokhi.Moreover, in her maiden visit to Suriname, the President will interact with members of the Indian community and diaspora. She will also…
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NMIPL reported YOY and cumulative YTD domestic sales growth of 23%

NMIPL reported YOY and cumulative YTD domestic sales growth of 23%

Nissan Motor India Pvt. Ltd. (NMIPL) has announced wholesales of 4631 units for the month of May 2023. Domestic wholesales stood at2618 units, while exportwholesalesstoodat2013units. Domestic sales have grown YOY for the month of May at 23%and cumulative YTD domestic sales have also grown by 23% as compared to FY22. The Magnite GEZA Special Edition features a high-resolution 22.86cm (9 inch) Touchscreen, Android CarPlay, Premium JBL Speakers, Ambient Lighting, Rear Camera with Trajectory Guidelines, Premium Beige Colour Seat Upholstery and Shark Fin Antenna.  Nissan India has shifted its primary export market from Europe to Middle Eastern countries, with recent launches…
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HC Pranay Verma highlighted the significance of 1971 for India-Bangladesh relations

HC Pranay Verma highlighted the significance of 1971 for India-Bangladesh relations

A new Liberation War Gallery of 1971 was inaugurated at the Indian Cultural Centre of the Indian High Commission in Dhaka on 1st June. Bangladesh Home Minister Asaduzzaman Khan was the chief guest and India's High Commissioner to Bangladesh, Pranay Verma, joined him. The gallery houses rare photographs of the 1971 Liberation War. The inaugural program was attended by freedom fighters, Bir Muktijodhas, and distinguished guests. The Gallery is a testament to the friendship between India and Bangladesh, featuring photographs and documents from the Bangladesh Liberation War of 1971. It pays tribute to the brave freedom fighters who fought against…
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Shopsy marks 3 times growth in units and sellers for Q1 2023

Shopsy marks 3 times growth in units and sellers for Q1 2023

Shopsy, Bharat’s fastest-growing hyper-value e-commerce platform, has provided value to millions of customers across India. The platform has witnessed an uptick of 3X growth in units, customers, and sellers in the last year, with over 175 million app downloads. Shopsy has expanded its last-mile delivery to 350 new pin codes in the country across tier-2 and tier-3 regions, including Cachar, Ghazipur, Hamirpur, Pratapgarh, and Una. In March 2023, Shopsy crossed over 175 million app downloads, with 90% of new transacting customers belonging to the under 35 years cohort. Currently, Shopsy gets nearly 70% of customers from tier-2 and tier-3 regions…
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Twitter hires NBCUniversal’s Joe Benarroch

Twitter hires NBCUniversal’s Joe Benarroch

Elon Musk's Twitter is hiring NBCUniversal senior executive Joe Benarch to focus on business operations.At NBCUniversal, Benark was executive vice president of communications, global advertising and partnerships. In a memo to colleagues on Sunday, Benarch said he was taking a business operations position at Twitter. "I look forward to bringing my experience to Twitter and working with the entire team to build Twitter 2.0," he wrote. “Welcome to the flock, @benarroch_joe! From one bird to the next," tweeted Incoming Twitter CEO Linda Yaccarino
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Myntra’s 18th EORS will offer 20 lakh products

Myntra’s 18th EORS will offer 20 lakh products

Myntra, India's leading fashion, beauty and lifestyle destination, announced on Monday that it is on track to welcome 15 million new users from non-metros on the app. The 18th edition of Myntra's biannual End of Reason Sale (EORS) is set to enthrall millions with over 20 lakh fashion, beauty and lifestyle products from over 6,000 leading brands. The company is geared to handle 9 lakh concurrent users at peak. Myntra’s over 17,000 MENSA network of Kirana partners will play an important role in enabling the seamless delivery of orders across the country.  Nandita Sinha, CEO, Myntra said, “Our effort has…
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Adani steps in, to provide free school education to kids who lost parents in Odisha train accident

Adani steps in, to provide free school education to kids who lost parents in Odisha train accident

Chairperson of Adani Group Gautam Shantilal Adani on Sunday said through his tweets that the group will sponsor the education of all those children who had lost their parents in a horrific Odisha train accident. "We are all deeply disturbed by the train accident in Odisha. We have decided that the Adani Group will take care of the school education of the innocents who have lost their parents in this accident. It is the joint responsibility of all of us to support the victims and their families and give a better tomorrow to the children," he said in a tweet…
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Gati launched the Bike Express to offer Efficient transportation service

Gati launched the Bike Express to offer Efficient transportation service

Gati Ltd, an Allcargo Group company, has launched Bike Express, a fully equipped, safe and on-time bike transportation service with a nationwide service network. It is ideal for working professionals and students migrating to new locations, tourists, bikers and those who prefer independent mobility wherever they go. Bike Express offers PAN-India free and easy door pick-up and delivery, on-spot packing, customised delivery, special travel expeditions, planning and execution by specially trained professionals, transportation through weather proof container vehicle, consignment tracking, last-mile and remote location delivery, and 24/7 customer support.  It is available at an all-inclusive flat rate of Rs. 4000…
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