Business News Northeast - Latest Business Northeast News & Updates

05 Jul

HDFC Bank shares rose, gross advances rise 6.7% to ₹26.53 lakh crore in Q1, deposits rise 16.2%

Business CorrespondentBusiness, News

HDFC Bank share price: Shares of India's largest private lender HDFC Bank jumped on Friday, July 4, as gross advances rose 6.7% to ₹26,53,000 crore for the quarter ended June 2025, as against ₹24,86,900 crore in the same period a year ago. Sequentially, it grew 0.4%. Deposits for the first quarter of FY 2025-26 stood at ₹27,64,000 crore, reflecting a growth of 16.2% from ₹23,79,100 crore in the first quarter of FY 25. On a sequential basis, deposits grew 1.8%. HDFC Bank share price The stock rose 0.37% to ₹1,994.4 per share at 9:20 am on the National Stock Exchange…

05 Jul

PMI India pledges crackdown on illicit tobacco trade, supports government’s track & trace rollout

Business BureauBusiness

On the occasion of World Anti-Counterfeiting Day, Philip Morris International's India affiliate, PMI India, reiterated its commitment to dismantling the illicit tobacco trade in the country. The company emphasized a three-pronged approach—protecting revenue, safeguarding product integrity, and curbing the informal economy—aligned with the Indian government’s landmark rollout of a pack-level Track & Trace (T&T) system for tobacco products. India, home to an estimated 120 million tobacco users, has emerged as the world’s fourth-largest illegal cigarette market, with smuggled products making up nearly 25% of the domestic industry. Backed by global experience across over 140 countries, PMI aims to support India’s…

04 Jul

Bank of Baroda Q1 update: Global business increase 10.7%

Business CorrespondentBusiness, News

y-o-y Bank of Baroda shared its business update for the quarter ending June of the financial year 2025-26 on Thursday, July 3. The government-owned bank's global business grew 10.7% y-o-y to ₹26.43 trillion as of June 30, 2025, from ₹23.87 trillion in the same quarter of the previous fiscal. Its global deposits also grew 9.13% y-o-y to ₹14.35 trillion during the quarter, from ₹13.15 trillion in the first quarter of FY 2025. The bank's global advances also grew 12.63% to ₹12.07 trillion as of June 30, 2025, from ₹10.71 trillion in the same quarter of the previous fiscal. The lender's…

04 Jul

Medanta unveils emotional Doctors’ Day Ffilm ‘Honouring the Oath’

Business BureauBusiness

The Medicity, one of India’s leading super-speciality hospitals, unveiled a moving tribute on National Doctor’s Day 2025 with the launch of its film ‘Honouring the Oath’. The film highlights the everyday commitment of doctors who live by the sacred medical oath not just in word, but in action. Drawing inspiration from Bharat Ratna Dr. B.C. Roy, the pioneer behind the Indian Medical Association and Medical Council of India, the film showcases the core values of the medical profession—compassion, ethics, and service. It portrays doctors treating patients with dignity, irrespective of caste, creed, or social status, and protecting confidentiality, especially in…

04 Jul

Bandhan Bank joins hands with Assam Cancer Care Foundation to boost affordable cancer treatment

Business BureauBusiness

Bandhan Bank has extended its Corporate Social Responsibility (CSR) support to the Assam Cancer Care Foundation (ACCF), a joint initiative between the Government of Assam and Tata Trusts. The CSR grant will aid delivery of standardised and affordable cancer care across 17 districts in the state over the next two years. The partnership was formalised with the signing of a Memorandum of Understanding (MoU) at a ceremony held in Guwahati. Key dignitaries present included Partha Pratim Sengupta, MD & CEO of Bandhan Bank; Dr. (Maj Gen) Jai Prakash Prasad, COO of ACCF; and Pranab Kumar Sarmah, Secretary, MERD. “This collaboration…

03 Jul

M&M posts increase , closes in red despite 14% YoY rise in total auto sales

Business CorrespondentBusiness, News

Shares of Mahindra & Mahindra Ltd (M&M) on Tuesday, July 1, jumped 1.09% to hit an all-time high of ₹3,218 per share on the National Stock Exchange (NSE). However, it closed 0.23% lower at ₹3,176 per unit. This comes after the carmaker reported a 14% year-on-year (YoY) rise in its total auto sales to 78,969 units in June 2025. In the month under review, the automaker sold 47,306 utility vehicles in the domestic market segment (including exports), an 18% YoY rise from 40,022 sales in the same month last year, M&M said in a regulatory filing. "Domestic sales of commercial…

02 Jul

DMart Q1 update: Revenue forecast to grow 16%

Business CorrespondentBusiness, News

Avenue Supermarts Ltd has forecast a 16% year-on-year revenue growth in the first quarter of FY2026. Standalone revenue for the operator of the DMart retail chain is estimated to grow to Rs 15,932.1 crore during the April-June period, according to a quarterly business update released to the stock markets on Wednesday. As of June 30, the DMart retail chain operator has 424 stores across India. Last month, DMart announced the opening of its first flagship store in Uttar Pradesh. The new store, located at Rattan Mall in Agra, is a strong move for the retail giant, which previously had a…

02 Jul

Castrol expands auto care line with three new products for better vehicle maintenance

Business BureauBusiness

Castrol India Limited has expanded its Auto Care portfolio with the launch of three new maintenance products—Throttle Body Cleaner, Fuel Injector & Carburettor Cleaner, and Brake Cleaner. This move aims to empower workshops and service technicians with effective tools to improve vehicle performance and reduce service downtime. The new range supports critical component cleaning in both two- and four-wheelers, aligning with Castrol’s goal of delivering high-quality, easy-to-use solutions suitable for modern engines and braking systems. “With these new additions, we’re enabling professional-grade service to meet the demands of India’s evolving driving conditions,” said Rohit Talwar, Vice President-Marketing, Castrol India. Kolkata’s…

01 Jul

TVS Motor sales increase 10% to 402,001 units in June, 3W sales rise 42%

Business CorrespondentBusiness, News

TVS Motor Company on Tuesday reported a 20 percent rise in total sales to 4,02,001 units in June. The company had reported total sales of 3,33,646 units in June 2024. Two-wheelers recorded a growth of 20 percent, with sales increasing from 3,22,168 units in June 2024 to 3,85,698 units in June 2025, TVS Motor Company said in a statement. The domestic two-wheeler segment recorded a growth of 10 percent, with sales increasing from 2,55,734 units in June last year to 2,81,012 units in June this year. Three-wheeler sales grew 42 percent year-on-year to 16,303 units in June. The company's total…

01 Jul

Rapido’s 15-city expansion signals mobility-driven economic boost across West Bengal

Business BureauBusiness

Rapido, India’s largest ride-sharing platform, has broadened its footprint in West Bengal with a strategic expansion into 15 new cities including Krishnanagar, Purulia, Malda, Kharagpur, and Murshidabad. With this move, Rapido now offers Bike Taxi and Auto services across all districts of the state—enhancing last-mile connectivity and injecting new momentum into regional mobility infrastructure. This expansion is projected to stimulate significant economic ripple effects. Rapido, which facilitates over 4 million rides daily nationwide, has already generated more than 9 million jobs in India. Its latest rollout is set to create 1 lakh new income opportunities, primarily through onboarding of local…