Latest news with #NEC


Time of India
3 hours ago
- Business
- Time of India
Nagaland University to anchor Northeast startup ecosystem under Centre's incubation push
Nagaland University NEW DELHI: Nagaland University has been selected to host one of four incubation centres being set up across the Northeast under a central government initiative to boost entrepreneurship and innovation. As part of the project, the 50 top-performing beneficiaries will receive startup seed grants of up to Rs 5 lakh each. The initiative, 'Establish, Develop and Manage Entrepreneurship Development Centres and Incubation Centres in Educational Institutes of the North Eastern Region', is being implemented by the Indian Institute of Entrepreneurship (IIE), Guwahati, and sponsored by the North Eastern Council (NEC), Shillong. While the NEC serves as the nodal agency for the economic and social development of the eight northeastern states, the IIE functions under the union ministry of skill development and entrepreneurship. The Kohima campus of Nagaland University has been designated as one of the four regional incubation hubs. In its first batch, 44 beneficiaries will be onboarded this month, including 16 from Arunachal Pradesh, six from Assam, four from Manipur and 18 from Nagaland. 'This selection recognises the university's role in fostering innovation and entrepreneurship in the region,' said Prof Jagadish K Patnaik, vice-chancellor of Nagaland University. 'It reaffirms our commitment to supporting the government's vision of inclusive development through research and innovation.' The incubation centres will provide mentoring from industry experts and established entrepreneurs, along with ideathons, bootcamps, hackathons and workshops over the next six months. 'This is the first time such a structured initiative is being rolled out in the Northeast to identify and nurture entrepreneurs from even the remotest corners,' said Dhrubajyoti Bordoloi, coordinator of the incubation centre and assistant professor in the university's department of management. Across all NEC–IIE centres, 145 beneficiaries were shortlisted in FY 2024–25 after a rigorous screening process that included entrepreneurship awareness and development programmes, detailed project reports and business plan presentations assessed by industry and ministry experts. The startup ecosystem in the Northeast is steadily growing, with over 2,050 DPIIT-registered startups as of December 2024, led by Assam with 1,487 ventures. These startups have created more than 8,800 jobs, with 42% of them led by women directors. The Nagaland University incubation centre will also support resource mobilisation, convergence with other government schemes and contribute to building an entrepreneurial knowledge base through surveys and research. 'We are also introducing entrepreneurship as a subject in the academic curriculum, creating a sustainable pipeline of innovators,' said Bordoloi. Officials said the NEC–IIE incubation project dovetails into broader government skilling initiatives in the region, including pilot apprenticeship schemes and targeted vocational training under programmes like PMKVY and DDU-GKY, which aim to align education with industry needs and create livelihood opportunities.


Hans India
3 hours ago
- Business
- Hans India
Nagaland University to host incubation centres in N-E under Central govt initiative
Kohima: Nagaland University, the lone Central varsity in the state, has been chosen to host one of the four incubation centres in the northeastern region under a Central government initiative, officials said on Monday. University officials said that the 50 highest-performing beneficiaries would receive a startup seed money grant of up to Rs 5 lakh. The university was chosen under the project 'Establish, Develop, and Manage Entrepreneurship Development Centres and Incubation Centres in the Educational Institutes of the North Eastern Region'. According to the official, this project is being sponsored by the Shillong-based North Eastern Council (NEC), a regional planning body, and implemented by the Indian Institute of Entrepreneurship (IIE), Guwahati. The NEC is the nodal agency for the economic and social development of the northeastern region, which consists of the eight states -- Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim and Tripura while the IIE is an organisation under the Union Ministry of Skill Development and Entrepreneurship. Nagaland University's Kohima campus has been designated as one of the four incubation centres in the northeastern region, the official said, adding that a total of 44 beneficiaries would be incubated in the first batch of incubatees. The 44 beneficiaries include 16 from Arunachal Pradesh, six from Assam, four from Manipur, with the remaining 18 from Nagaland. On-boarding of the incubates would be done in July 2025. Nagaland University Vice-Chancellor Jagadish K. Patnaik said that the varsity is the only Central university in the state, and has been selected to host one of the four incubation centres in the northeastern region under a prestigious Central government initiative. "This opportunity reaffirms the university's commitment to academic excellence and nation-building through innovation, research, and inclusive development. We expect to collaborate with stakeholders across academia, industry, and government to make this endeavour a resounding success," he added. Elaborating on the activities that would be taken up under this initiative, Dhrubajyoti Bordoloi, Coordinator, Entrepreneurship Development Centre and Incubation Centre, of the university, said, "Industry experts and established entrepreneurs would provide mentorship to the incubates. Workshops, ideathons, bootcamps and hackathons are contemplated for the forthcoming six months." Bordoloi, who is also an Assistant Professor in the Department of Management, Nagaland University, said: "The initiative is the first-of-its-kind in the northeastern region wherein potential entrepreneurs have been identified from the remotest corner of the country. Additionally, an effort has been made to foster an entrepreneurial mindset and intent among the youthful population of the state through the conduct of numerous awareness camps in various institutions and villages." The selection of the incubates was finalised in Financial Year 2024-25 through the 30 entrepreneurship development cells established under the project. A total of 145 beneficiaries were selected by the experts appointed by the nodal agency across the northeastern region, with 44 beneficiaries assigned to the Nagaland University Incubation Centre.


News18
3 days ago
- Politics
- News18
NEC reaffirms support for Arunachals cultural, developmental initiatives
Itanagar, Jul 18 (PTI) The North Eastern Council (NEC) on Friday reaffirmed its strong support for Arunachal Pradesh's cultural and developmental initiatives. The council's secretary, S K Bhalla, also reviewed several NEC-funded projects during his visit to the state capital. Reviewing the construction of the new administrative block at Dera Natung Government College, Bhalla directed the executing agency to complete the Rs 6.86 crore project by August, in line with the standards outlined in the detailed project report (DPR). He stressed that early completion will boost administrative efficiency and student services, an official release said. At the state emporium and artefact house, the secretary praised the efforts of Textiles and Handicrafts Director Dorjee Phuntso and his team for the impressive display of tribal handloom and handicraft products representing Arunachal's rich ethnic diversity. Bhalla expressed satisfaction at NEC's role in empowering artisans and sustaining traditional art forms, it said. He also visited the historic Itafort to review the ongoing NEC-supported renovation of the archaeological park at the southern gate. The team from the state research department, led by Deputy Director (Archaeology) Bulton Dutta, briefed the secretary on the site's historical relevance and plans to enhance its visitor appeal. The secretary also inspected the NEC-funded extension of galleries at the Jawaharlal Nehru State Museum here, and lauded the museum's collection and applauded the inclusion of exhibits from all eight Northeastern states, describing it as a meaningful 'Ashtalakshmi Darshan' experience for visitors, the statement said. He was also briefed on the upcoming digital museum initiative by Deputy Director (Museum) Tage Babin and Assistant Director Dr Radhe Yampi, from the research department. Bhalla's tour reflects NEC's comprehensive vision for cultural preservation, infrastructure strengthening, and inclusive development in Arunachal Pradesh, it said. His visit emphasised the council's continued commitment to empowering local institutions and enriching the socio-economic fabric of the state and the North East, at large. PTI UPL SBN UPL SBN view comments First Published: July 18, 2025, 19:45 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

Nikkei Asia
5 days ago
- Business
- Nikkei Asia
Singtel-led group to build 8,900km Asian subsea cable with NEC
A consortium led by Singapore's Singtel has partnered with Japan's NEC for a new subsea cable connecting the two Asian nations. © Reuters TSUBASA SURUGA SINGAPORE -- A consortium led by Singapore Telecommunications and Japan's NEC will build a high-capacity subsea cable linking the two nations, amid surging demand for data infrastructure driven by artificial intelligence and cloud computing. The 8,900-kilometer Asia United Gateway East cable project, announced Wednesday, also links Brunei, Indonesia, Malaysia, the Philippines, South Korea and Taiwan, Singtel and NEC said. The cable, expected to be completed by 2029, will use the latest fiber-optic technology and feature a high-count fiber pair system, allowing it to carry vast volumes of internet and data traffic.


Malaysian Reserve
5 days ago
- Business
- Malaysian Reserve
RBGLY Deadline: RBGLY Investors with Losses in Excess of $100K Have Opportunity to Lead Reckitt Benckiser Group PLC Securities Fraud Lawsuit
NEW YORK, July 16, 2025 /PRNewswire/ — Rosen Law Firm, a global investor rights law firm, reminds purchasers of American Depositary Shares ('ADSs') of Reckitt Benckiser Group PLC (OTC: RBGLY) between January 13, 2021 through July 28, 2024, both dates inclusive (the 'Class Period'), of the important August 4, 2025 lead plaintiff deadline. So What: If you purchased Reckitt ADSs you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. What to do next: To join the Reckitt class action, go to or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@ for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 4, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. Details of the case: According to the lawsuit, during the Class Period, defendants failed to warn investors and consumers: (1) that preterm infants were at an increased risk of developing necrotizing enterocolitis ('NEC') by consuming Reckitt's cow's milk-based formula, Enfamil; (2) of the attendant impact on Reckitt's sales of Enfamil and Reckitt's exposure to legal claims; and (3) as a result of the above, defendants' positive statements about Reckitt's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the Reckitt action, go to or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@ for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: on Twitter: or on Facebook: Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: Laurence Rosen, Kim, Rosen Law Firm, P.A.275 Madison Avenue, 40th FloorNew York, NY 10016Tel: (212) 686-1060Toll Free: (866) 767-3653Fax: (212) 202-3827case@