Business News Northeast - Latest Business Northeast News & Updates

02 Jul

Headline:Adani, IHC Eye $11.5 Billion Aluminium Venture

anuprovaBusiness

The Adani Group and Abu Dhabi-based International Holding Company (IHC) are reportedly planning to establish a $11.5 billion aluminium manufacturing venture, marking one of the largest proposed investments in India's metals sector. The project is expected to strengthen India's aluminium production capacity while supporting the country's ambition to become a global manufacturing hub. According to reports, the proposed venture will focus on building an integrated aluminium business encompassing key stages of the value chain, from raw material processing to the production of value-added aluminium products. The investment is expected to cater to rising domestic demand from infrastructure, construction, renewable energy,…

02 Jul

TVS Motor Hits Reverse-Defying Growth: June Sales Skyrocket 47% to Over 5.9 Lakh Units

nanikaBusiness

TVS Motor Company has reported a phenomenal performance for June 2026, with total monthly sales skyrocketing by 47 percent year-on-year to hit 590,003 units. This massive surge from the 402,001 units recorded in June last year highlights robust demand across both domestic and international markets. The growth was comprehensively driven by the two-wheeler segment, which climbed 47 percent to touch 565,417 units, including a 53 percent jump in scooter sales and a 42 percent rise in motorcycle shipments. The undisputed highlight of the month was TVS Motor’s electric vehicle division. The company's electric two-wheeler sales more than tripled, exploding to…

02 Jul

Tata AIA launches cancer plans with income protection and health fund benefits

Business BureauBusiness

Tata AIA Life Insurance has launched two new cancer-focused insurance solutions—Sampoorna Care - Cancer and Sampoorna Care - Cancer Fund—aimed at addressing not only treatment costs but also the financial impact of income disruption following a cancer diagnosis. The insurer said the products offer flexible payout options, including regular monthly income, lump-sum benefits or a combination of both, with coverage of up to ₹50 lakh. The plans also introduce a savings-linked health fund that allows tax-free withdrawals for health-related expenses and includes an additional accidental total and permanent disability benefit. The launch comes amid growing concern over the financial burden…

02 Jul

Polycab expands distribution network with new Gorakhpur service depot

Business BureauBusiness

Polycab India Limited has expanded its distribution infrastructure in Eastern Uttar Pradesh with the launch of a new Quick Service Depot (QSD) in Gorakhpur, aiming to strengthen its supply chain and improve delivery efficiency across the region. The company said the move is part of its strategy to enhance customer service, reduce delivery timelines and deepen market reach in one of its key growth markets. The newly inaugurated depot spans 10,300 sq. ft. and will distribute Polycab’s range of products, including wires and cables, lighting solutions, fans, switches, switchgear and other fast-moving electrical goods (FMEG). The facility is expected to…

01 Jul

Indriya, Aditya Birla Jewellery, sets a new industry standard with diamonds of the highest sparkle

Business BureauBusiness

Indriya, Aditya Birla Jewellery, has set an industry-first benchmark in natural diamond selection, bringing greater delight and trust to the diamond buying experience. Rooted in the belief that exceptional sparkle is the most visible expressions of diamond quality, this approach builds on the brand’s best-in-class selection standards. Going beyond conventional grading standards, Indriya’s approach to diamond cut and selection evaluates how effectively a diamond reflects, refracts and returns light to deliver superior brilliance, fire and scintillation. Only 1 out of 5 natural diamonds meet these rigorous standards. This shift comes at a pivotal moment for the category. India sits at…

01 Jul

JSW MG Motor India Posts Best-Ever Monthly Wholesale Sales

nanikaBusiness

JSW MG Motor India reported a 30 per cent year-on-year increase in wholesale sales, reaching 7,568 units in June 2026, marking its highest-ever monthly performance. The company said the strong growth was primarily driven by robust demand for electric vehicles, which accounted for over 75 per cent of total sales during the month. According to the company, rising fuel prices, lower running costs of electric vehicles, and ongoing geopolitical uncertainties in West Asia have further accelerated consumer preference for electric mobility. The automaker stated that its diversified product portfolio continued to perform steadily across segments. Commenting on the performance, JSW…

01 Jul

Jet Airways Workers Win PF Battle; Major Blow to SBI and Lenders

anuprovaBusiness

In a massive victory for thousands of former Jet Airways employees, the National Company Law Appellate Tribunal (NCLAT) ruled that their outstanding provident fund, pension, and gratuity dues must be cleared in full. Dismissing a series of appeals filed by the State Bank of India (SBI) and other major lenders, the tribunal declared that these retirement benefits are statutory rights. Consequently, these essential worker funds must be kept completely separate from the general liquidation pool, insulating employees from competing financial claims by corporate creditors. The legal confrontation arose when SBI challenged an early 2026 directive from the National Company Law…

01 Jul

Indriya sharpens diamond strategy with ‘Sparkle Like No Other’ campaign

Business BureauBusiness

Indriya, Aditya Birla Jewellery, has launched its new integrated campaign, 'Sparkle Like No Other', as part of its strategy to strengthen its presence in India's growing diamond jewellery market by highlighting superior diamond quality through a consumer-focused approach. Conceptualised by Ogilvy, the campaign centres on the brand's diamond selection standards, under which only one in five natural diamonds is chosen after undergoing a rigorous assessment of brilliance, fire and scintillation based on how effectively the stone reflects, refracts and returns light. The campaign features actor AditiRaoHydari in a brand film that showcases the visual appeal of Indriya's diamonds, supported by…

01 Jul

CK Birla Hospitals, CMRI hosts renal transplantation CME in Guwahati

Business BureauBusiness

CK Birla Hospitals, CMRI, in collaboration with the Government of Assam, organised a Continuing Medical Education (CME) programme on renal transplantation in Guwahati on Friday, bringing together leading specialists to discuss advances in kidney transplant care and strengthen renal healthcare services in the Northeast. Held at Vivanta Hotel under the theme "Advancing Renal Care through Collaboration, Innovation & Expertise," the programme was attended by nephrologists, urologists, transplant surgeons, physicians and other healthcare professionals. The academic sessions focused on recent innovations, emerging surgical techniques and best practices in kidney transplantation. The programme commenced with an introductory address by Dr. Sombrata Roy,…

30 Jun

Life insurance industry urges consumers to focus on long-term benefits

Business BureauBusiness

India’s life insurance industry has urged consumers to look beyond short-term expectations and recognise the long-term financial protection and security that life insurance offers. The appeal comes amid efforts to improve awareness about the role of insurance in safeguarding families against financial uncertainties. The Insurance Awareness Committee–Life Insurance (IAC-Life) said life insurance should be viewed as a long-term financial protection tool rather than being assessed solely on immediate returns. According to the committee, benefits such as family security, disciplined savings and income protection become more visible over the life cycle of a policy. “Life insurance is designed to deliver value…