Business News Northeast - Latest Business Northeast News & Updates

06 Jun

Nissan Magnite hits 2 lakh sales milestone, innovates with CNG retrofit to capture growing markets

Business BureauBusiness

Nissan Motor India Pvt. Ltd. has reached a major milestone with its compact SUV, the Nissan Magnite, crossing 2,00,000 cumulative sales globally since its 2020 launch. The SUV’s innovative blend of bold design, advanced safety features, and affordability has propelled its success in over 65 international markets, reinforcing Nissan’s ‘One Car, One World’ vision. In a strategic move to address rising fuel costs and environmental concerns, Nissan recently launched a government-approved CNG retrofit kit priced at ₹74,999 for the 1.0-litre petrol manual variant. Manufactured by Motozen and installed at authorised centres, this innovation caters to growing consumer demand for cleaner,…

06 Jun

Samsung’s ‘Solve for Tomorrow’ ignites young innovators in Bihar and Jharkhand

Business BureauBusiness

Samsung’s flagship innovation contest, Solve for Tomorrow 2025, has reached the heartlands of Bihar and Jharkhand, proving that the spirit of invention thrives far beyond metro cities. The programme, now in its fourth season, hosted impactful design thinking open houses in Ranchi’s Gossner College, St. Xavier’s College, and Marwari College, drawing enthusiastic participation from students eager to address local challenges through technology. In these sessions, students brainstormed solutions for sanitation, education, and agriculture, with some sketching out solar-powered attendance systems for rural schools and others tackling waste management. Participants from IIT Patna also joined virtually, demonstrating that geographic boundaries are…

06 Jun

Kahikuchi’s Green Initiative: Horticulture Research Station Celebrates World Environment Day

Business BureauBusiness

World environment day 2025 was observed in a befitting manner at the premises of Horticulture Research Station located at Kahikuchi in Guwahati today. The programme was led by the Chief Scientist of the station Dr. Sunil Kumar Borah in the presence of all the scientists and employees of the station. At the onset, the Chief Scientist emphasized on the significance of the day and how the existence of mankind was intricately related to plant life. He highlighted the ecosystem services provided by the natural world and urged upon all to abstain from the use of single use plastic in accordance…

06 Jun

MakeMyTrip rolls out predictive seat forecast tool to revolutionise train booking experience

Business BureauBusiness

Online travel giant MakeMyTrip has launched a new AI-driven Seat Availability Forecast feature to help Indian train passengers better plan their journeys. The feature uses years of historical booking data combined with real-time demand trends to predict when train seats are likely to be sold out, addressing a major concern for travellers who often wait too long to confirm plans. Data from MakeMyTrip reveals that around 70% of users booking across multiple sessions end up with waitlisted tickets due to late confirmations. The new predictive tool is integrated into the train booking flow on both the MakeMyTrip app and website,…

06 Jun

Offshore Betting and Realty Top ASCI’s List of Most Violative Sectors

Business BureauBusiness

Offshore betting and real estate sectors have emerged as the most violative in the Advertising Standards Council of India’s (ASCI) Annual Complaints Report 2024–25, released recently. ASCI scrutinised 7,199 ads after receiving 9,599 complaints, with 98% of ads requiring modifications. Notably, 43% of the violations stemmed from illegal offshore betting promotions, followed by realty at 24.9%. The report highlights a sharp 83.5% increase in public complaints, indicating rising consumer awareness. Influencer marketing continues to be a grey area, with 1,015 ads investigated—98% of which needed corrections. ASCI also flagged 121 undisclosed paid posts on LinkedIn, prompting a targeted advisory. Categories…

06 Jun

Coforge shares increase 2% on record date for 1:5 stock split

Business CorrespondentBusiness, News

Coforge stock split: Coforge shares rose nearly 2% on the National Stock Exchange (NSE) on Wednesday to hit an intra-day high of ₹1,730. However, on some platforms, the stock price saw a drop of nearly 80%. This is due to Wednesday, June 4, being the pre-split date for the company's stock split proposal. In early May, the IT company fixed June 4, 2025, as the record date to determine the "rights of equity shareholders for the purpose of subdivision or division of the existing equity shares of the company". The board of directors of Coforge had given the green signal…

05 Jun

Coal transportation growth: 34% increases in FY25

Business CorrespondentBusiness, News

New Delhi, June 5 State-owned CIL on Thursday said eco-friendly coal transportation grew 34 percent year-on-year to 102.5 million tonnes in FY25. This was made possible through 20 First Mile Connectivity (FMC) projects connected to the Indian Railways network. In comparison, it was 76.5 MT through 17 such projects in FY24, Coal India Ltd (CIL) said in a statement. A total of 19 FMC projects with a capacity of about 150 million tonnes per annum are planned to be commissioned during FY26. The FMC initiative is an automated coal evacuation process that ensures eco-friendly coal transportation from the mine to…

05 Jun

Tata Salt relaunches iconic jingle, boosts market reach with focus on iodine and child development

Business BureauBusiness

Tata Salt, India’s No.1 iodized salt brand, has launched a refreshed version of its iconic ‘Namak Ho Tata Ka… Tata Namak’ campaign, aimed at strengthening its market presence while highlighting iodine’s critical role in children’s mental development. The new campaign features eight engaging films created by Ogilvy, blending nostalgia with educational messaging to reinforce Tata Salt’s position as ‘Desh Ka Namak.’ With a consolidated annual turnover of around Rs. 15,206 crore, Tata Consumer Products is leveraging this campaign to deepen consumer trust and emotional connect across diverse Indian households, including Hindi heartland, Bengali, and Marathi families. The campaign’s strategic rollout…

05 Jun

The Essence of Luxury: Oriflame’s Giordani Gold Essenza Man Elixir Parfum

Business BureauBusiness

Oriflame has introduced its latest premium fragrance, Giordani Gold Essenza Man Elixir Parfum, tailored for the discerning modern man. Priced at an MRP of INR 5599, this 50ml parfum combines opulence and complexity through carefully selected noble ingredients. The scent opens with fresh notes of Blackcurrant, Lemon, and Black Pepper, transitioning into a rich heart of Elemi, Olibanum, and Moss. Its base features warm Vetiver, Patchouli, and Ambery Woods, ensuring a lasting presence of up to eight hours. Encased in an elegant bottle adorned with 24-carat gold details and deep mahogany tones, the parfum highlights the hero notes of Olibanum…

04 Jun

Aluminium futures prices increase on speculators’ bets

Business CorrespondentBusiness, News

New Delhi, June 4 Aluminium prices rose by Rs 2.05 to Rs 242.55 per kg in the futures market on Wednesday as speculators created fresh deals amid a positive trend in the spot market. The price of aluminium contract for July delivery rose by Rs 2.05, or 0.85 per cent, to Rs 242.55 per kg on the Multi Commodity Exchange in a business turnover of 415 lots. Analysts said fresh bets by traders amid demand from consumer industries supported aluminium prices in the futures market.