Business News Northeast - Latest Business Northeast News & Updates

27 Jun

Lauritz Knudsen bets big on India’s industrial growth with mega product launch and tech tour

Business BureauBusiness

Lauritz Knudsen Electrical & Automation has made a significant move to capitalize on India’s rapidly expanding electrical equipment and industrial automation market by launching its largest-ever product portfolio. The initiative includes a 30-city ‘Technology Tour’ to showcase over 10 innovative solutions tailored for regional industrial clusters, with a strategic focus on EV infrastructure, smart automation, and digital power distribution systems. With India's electrical equipment sector projected to exceed USD 95 billion by 2029 and industrial automation reaching USD 39.65 billion by 2033, Lauritz Knudsen’s entry into deeper markets highlights its intent to ride the momentum of tech-led transformation. The company’s…

26 Jun

Tripura driver gets eastern India’s first Bachmann’s Bundle Pacing, marks milestone in cardiac innovation

Business BureauBusiness

A 33-year-old car driver from Tripura has become the region’s first recipient of complete physiological pacing—Bachmann’s Bundle (BB) Pacing and Left Bundle Branch Area Pacing (LBBAP)—at Medica Superspecialty Hospital, Kolkata (a Manipal Hospitals unit). The pioneering dual technique replicates the heart’s natural electrical rhythm, offering a safer and more efficient alternative to traditional pacemakers. The patient, Ravi (name changed), had been suffering from a dangerous heart condition—sick sinus syndrome combined with intermittent AV block and paroxysmal atrial fibrillation. His heart rate had dropped to a life-threatening 25 beats per minute. Led by Dr. Dilip Kumar, Senior Interventional Cardiologist, the team…

26 Jun

Aluminium futures prices increase marginally

Business CorrespondentBusiness, News

New Delhi, June 25: Aluminium prices on Wednesday rose marginally by 5 paise to Rs 247.55 per kg in futures trade as speculators created fresh positions amid positive trend in the spot market. Aluminium contracts for July delivery rose by 5 paise, or 0.02 per cent, to Rs 247.55 per kg on the Multi Commodity Exchange in a business turnover of 3,691 lots. Analysts said fresh positions created by traders amid demand from consumer industries supported aluminium prices in the futures market.

25 Jun

Tata AIA launches two equity-linked funds to ride India’s growth story

Business BureauBusiness

Tata AIA Life Insurance has unveiled two new equity-linked funds—Top 200 Alpha 30 Index Fund and Top 200 Alpha 30 Index Pension Fund—designed to empower investors to capitalise on India’s rapid economic growth and strengthen long-term wealth and retirement planning. Launching during the New Fund Offer (NFO) window from June 23 to June 30, 2025, the funds are available at INR 10 per unit and aim to deliver capital appreciation through investments in the Nifty 200 Alpha 30 Index. This index captures 30 high-alpha stocks across sectors, ensuring smart stock selection with higher return potential. Both funds offer dual benefits…

25 Jun

Fenesta enters Medinipur with first showroom in Contai, marks 14th outlet in West Bengal

Business BureauBusiness

Fenesta, India’s leading brand in premium windows and doors, has launched its first showroom in Contai, Purba Medinipur, expanding its footprint in West Bengal to 14 outlets. The showroom, operated by Sujata Enterprise, is located at Serpur village, offering direct access to the company’s full range of products. The new outlet will showcase Fenesta’s comprehensive offerings, including uPVC and aluminium windows and doors, solid panel doors, hardware, and facades. Designed to cater to homeowners, architects, and builders, the showroom aims to provide a hands-on experience of products known for durability, aesthetics, and energy efficiency. “We are excited to bring the…

24 Jun

Aluminium futures prices downturn on weak demand

Business CorrespondentBusiness, News

New Delhi, June 24: Aluminium prices fell by Rs 2.75 to Rs 247.70 per kg in futures trade on Tuesday as participants cut their positions following a weak trend in the spot market. Aluminium contracts for July delivery fell by Rs 2.75, or 1.1 percent, to Rs 247.70 per kg on the Multi Commodity Exchange in a business turnover of 3,574 lots. Analysts said aluminium prices fell mainly due to participants cutting their positions due to sluggish demand from consumer industries.

24 Jun

North East Growth Lab to power dreams of 90 startups across the region

Business BureauBusiness

For many small entrepreneurs in Northeast India, the road to success is filled with passion, innovation—and challenges. Now, thanks to the launch of the North East Growth Lab (NEGL) by IIMA Ventures in collaboration with SAP, the dreams of 90 startups and social enterprises are set to receive structured support across all eight northeastern states. Building on the success of the World Bank-supported Assam Agribusiness Growth Lab (AAGL), NEGL will offer grants, mentoring, training, and market access to ventures rooted in local communities. Over the next three years, it aims to generate ₹100 crore in enterprise value and benefit over…

24 Jun

Bajaj Allianz targets Bengal with ‘ApnarJonyo’ state-specific health plan

Business BureauBusiness

Bajaj Allianz General Insurance has launched ‘ApnarJonyo’, a health insurance product tailored exclusively for West Bengal, marking a strategic move to penetrate regional markets with customised offerings. Announced on June 19, the product is designed to meet the state’s diverse healthcare needs with flexible coverage ranging from ₹5 lakh to ₹20 lakh. The policy covers inpatient and daycare procedures, pre- and post-hospitalisation expenses, and advanced treatments like robotic surgeries and stem cell therapy. Add-ons include unlimited sum insured reinstatement, a Super Cumulative Bonus of up to 200% for claim-free years, wellness-linked discounts, festive bonuses, and accidental death cover. With lifetime…

24 Jun

Royal Stag Barrel Select Shorts unveils ‘For the Select Ones’ campaign featuring Rajkummar Rao and Patralekha

Business BureauBusiness

Royal Stag Barrel Select Shorts has launched its latest thematic campaign titled For the Select Ones, celebrating individuals who choose excellence over conformity. Featuring acclaimed actors Rajkummar Rao and Patralekha, the campaign—conceptualised by FCB NEO—honours those who carve distinct paths through discerning choices and integrity. Anchored in Royal Stag Barrel Select Shorts’ brand philosophy of refinement, the campaign film reflects a journey of mindful decision-making and creative courage. Over the years, the platform has partnered with renowned filmmakers like Anurag Kashyap, Sujoy Ghosh, and Neeraj Ghaywan to deliver evocative short films that resonate with a thinking audience. Sharing his thoughts,…

23 Jun

Silver futures prices increase as bets rise

Business CorrespondentBusiness, News

New Delhi, June 23: Silver prices rose by Rs 270 to Rs 1,06,494 per kg in futures trade on Monday as participants raised their bets. The price of silver contracts for July delivery on the Multi Commodity Exchange rose by Rs 270, or 0.25 percent, to Rs 1,06,494 per kg in a business turnover of 12,571 lots. Analysts said fresh deals by participants led to a rise in silver prices. Globally, silver was trading 0.27 percent higher at $36.18 an ounce in New York.