Business

North East Small Finance Bank (NESFB) has announced one of the largest hiring drives in the Northeast. The bank aims to recruit over 200 new employees in the first phase of this expansive initiative. NESFB will hire for roles across their branches in Guwahati, Lakhimpur, Nalbari, Tezpur, Jorhat, Diphu, Dibrugarh, Kokrajhar, Kamrup, Shillong, Siliguri, Agartala and Aizawl. For the first phase of its hiring drive, the bank is primarily recruiting for two key positions across its branches: Relationship Officer - Assets and Relationship Officer - Liabilities. Candidates with a bachelor’s degree and 0-3 years of experience in the banking industry…

Coca-Cola India and the National Skill Development Corporation (NSDC) have successfully empowered over 14,000 retailers across Odisha through their collaborative Super Power Retailer Program. Launched under the auspices of the Ministry of Skill Development & Entrepreneurship, the initiative, inaugurated by Union Minister Dharmendra Pradhan last October, aims to revolutionize the state's retail landscape. Ved Mani Tiwari, CEO of NSDC, highlighted the program's pivotal role in bolstering retail proficiency amidst technological advancements. He expressed confidence in the partnership with Coca-Cola India, emphasizing its potential to equip retailers with essential skills, thereby fostering economic growth.Irene Tan, Vice President of Human Resources at…

Tata Motors has solidified its dominance in the Indian SUV market with its flagship models, Nexon and Punch. For the third consecutive year, the Nexon has been ranked as the #1 SUV, celebrating its 7th anniversary with a milestone of 7 lakh units sold. The Punch follows closely, securing the #2 spot for FY24 and becoming the top-selling car in March and April 2024. Both models have received prestigious 5-star BNCAP ratings, with Punch.ev being lauded as India’s safest EV. The compact SUV segment, known for its fierce competition, has seen remarkable growth, and Tata Motors continues to lead with…

ONGC has appointed Mr. Vivek Chandrakant Tongaonkar as the new Director (Finance), effective July 2, 2024. With over 37 years of experience spanning the Energy sector, Mr. Tongaonkar brings a wealth of expertise in financial management and strategic planning to India’s premier Energy Maharatna. Mr. Tongaonkar, armed with degrees in Electrical Engineering and Business Administration, most recently served as Director (Finance) & CFO at Mangalore Refinery & Petrochemicals Limited (MRPL), an ONGC subsidiary. During his tenure, he implemented transformative financial strategies, including the proactive repayment of high-interest term loans amounting to Rs. 3,173 crore. This initiative resulted in annual interest…

Jayant Chaudhary, Union Minister of State for Skill Development & Entrepreneurship, visited the National Institute for Entrepreneurship and Small Business Development (NIESBUD) today, commending the extensive entrepreneurial training initiatives underway. Over 3000 ex-servicemen have undergone training at NIESBUD, reflecting its commitment to fostering entrepreneurship. Chaudhary interacted with trainees and trainers and visited an exhibition showcasing products made by jail inmates and successful entrepreneurs. These exhibits, part of EDP training in Lucknow and Varanasi jails, demonstrate the transformative impact of skill development.The Minister met ex-servicemen currently in the Entrepreneurship Development Programme (EDP) under the Directorate General Resettlement (DGR), Ministry of Defence.…

Turkish Airlines has been honored as the “Most Sustainable Flag Carrier Airline” by World Finance for the third consecutive year. The award underscores the airline’s leadership in sustainability within the aviation sector, driven by initiatives like the CO2mission carbon offset platform, use of Sustainable Aviation Fuel (SAF), sustainable in-flight products, and comprehensive waste management practices. Prof. Ahmet Bolat, Chairman of the Board and Executive Committee of Turkish Airlines, commented, “This award reaffirms our unwavering commitment to sustainability. By 2050, we aim to be a Carbon-Neutral Airline, expanding our SAF-powered network and implementing sustainable practices across our operations.” Since 2008, Turkish…

Magenta Mobility, a leader in integrated electric mobility solutions, has fortified its partnership with Tata Motors, India's premier commercial vehicle manufacturer, by deploying over 100 Tata Ace EVs. This fleet expansion includes over 60 units of Ace EV and 40 units of the newly launched Ace EV 1000, as part of a memorandum of understanding (MoU) signed in October 2023 to deploy 500 units of the Tata Ace EV. Maxson Lewis, Founder & CEO of Magenta Mobility, shared his excitement: “We are thrilled to deepen our collaboration with Tata Motors. This deployment is a significant stride towards our 'Ab Ki…

The FDA has approved the first menthol-flavored electronic cigarettes for adult smokers, greenlighting four products from Njoy, a brand recently acquired by tobacco giant Altria. This move aims to support adult smokers in switching from traditional cigarettes, responsible for 480,000 annual deaths in the U.S. due to cancer, lung disease, and heart disease. Njoy’s menthol e-cigarettes, available in both reusable and disposable forms, are being touted as a less harmful alternative to traditional smoking. Altria’s data suggests these products reduce exposure to harmful chemicals. However, the approval has sparked a fierce debate among parent groups and anti-tobacco advocates.“This decision could…