Business NewsChairman of the Investment and Development Authority of Naga...

Chairman of the Investment and Development Authority of Nagaland and advisor to chief minister, Abu Metha, inaugurated Atomika Motors, a Tata dealership, opposite NBCC Hall in Kohima on Friday in the presence of well-wishers and members of the management.

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Diminishing returns

Nagaland’s power sector is facing a financial problem that can no longer be treated as a routine departmental issue. The State spends roughly 500–600 crore a year purchasing electricity but recovers only about200–250 crore through revenue. This mean...