Business News Northeast - Latest Business Northeast News & Updates

22 Jun

Global Steel Major ArcelorMittal Accelerates Industrial AI Adoption

nanikaBusiness

Global steel and mining major ArcelorMittal has announced a strategic partnership with Amazon Web Services (AWS) to automate and digitally transform its global operations using cloud computing and artificial intelligence capabilities. The collaboration aims to enhance manufacturing efficiency, improve safety standards, strengthen asset reliability, and optimise energy consumption across the company’s worldwide production network. According to ArcelorMittal, the integration of AWS cloud and AI tools will be embedded directly into its manufacturing processes, enabling advanced data-driven decision-making. The company plans to converge its operational technology (OT) and information technology (IT) systems on a secure and scalable AWS infrastructure, allowing greater…

22 Jun

Asian Markets Advance on Iran Peace Hopes; South Korea Leads Gains on Chip Rally

anuprovaBusiness

Asian stock markets moved higher as investor sentiment improved on growing optimism surrounding diplomatic progress involving Iran, while South Korea’s benchmark index outperformed regional peers thanks to strong gains in semiconductor stocks. The positive mood across markets was supported by easing concerns over geopolitical tensions in the Middle East, with investors encouraged by signs of progress in talks aimed at reducing regional instability and safeguarding global energy supplies. Falling oil prices further boosted risk appetite, easing fears of inflationary pressures and disruptions to economic growth. South Korea emerged as one of the strongest performers in the region, with technology and…

20 Jun

SEBI Simplifies Securities Transmission Process, Raises Claim Limit for Faster Settlements

anuprovaBusiness

The Securities and Exchange Board of India (SEBI) has announced significant measures to simplify the transmission of securities and enhance investor convenience by increasing the claim limit for simplified processing. The market regulator has doubled the threshold for claims that can be processed through an easier transmission mechanism, a move aimed at reducing procedural hurdles and speeding up the transfer of securities to legal heirs and nominees. Under the revised framework, claimants seeking the transmission of shares and other securities will benefit from a more streamlined process, particularly in cases involving smaller claims. By raising the claim limit, SEBI intends…

20 Jun

Ultraviolette enters Northeast with first experience centre in Aizawl

Business BureauBusiness

Electric motorcycle manufacturer Ultraviolette Automotive has entered the Northeast market with the launch of its first UV Space Station in Aizawl, marking a key step in the company’s retail and service network expansion across India. The new experience centre, established in partnership with MSS Motors, will offer customers access to sales, servicing, test rides, accessories and merchandise under one roof. The facility is aimed at strengthening customer access to Ultraviolette’s electric motorcycles in the region. According to the company, the centre will showcase its performance-oriented electric motorcycles, including the X-47 Crossover and the F77 series. The motorcycles feature a 40.2…

19 Jun

Jio IPO Set to Be One of India’s Biggest Public Issues

nanikaBusiness

Reliance Industries has taken a major step toward listing its digital arm, as the Board of Jio Platforms has approved the Draft Red Herring Prospectus (DRHP) for its proposed initial public offering (IPO). The filing is scheduled to be submitted to the Securities and Exchange Board of India (SEBI) later today, Chairman and Managing Director Mukesh Ambani announced at the company’s 49th Annual General Meeting. Ambani said the IPO marks a significant milestone in Jio’s growth journey and will be led by the next generation of the Ambani family, with Akash Ambani, Isha Ambani, and Anant Ambani heading the listing…

18 Jun

Protect Your Heart: Essential Steps for Managing Cardiac Risk Factors

Business BureauBusiness

Dr. Jagadesh Madireddi is a Consultant Interventional Cardiologist, Yashoda Hospitals,Hyderabad, says diabetes, high blood pressure, and high cholesterol are the three main risk factors that can be managed to prevent cardiovascular disease. When these are addressed collectively, artery damage, inflammation, and the risk of clot formation are decreased. Both microvascular and macrovascular risks are reduced in diabetics who maintain good glycemic control. Adherence to glucose-lowering drugs, balanced meals with portion control, weight management, regular HbA1c monitoring (individualized targets), and at least 150 minutes of moderate exercise per week are crucial. The heart is further protected by quitting smoking and getting…

18 Jun

Bandhan Bank strengthens corporate banking presence with BKC branch launch

Business BureauBusiness

Bandhan Bank has expanded its corporate banking footprint with the inauguration of a dedicated Corporate Banking Branch at BandraKurla Complex (BKC) in Mumbai, a move aimed at strengthening its services for corporate and institutional clients in India’s financial capital. The branch, located at INS Tower in BKC, was inaugurated by ParthaPratimSengupta, Managing Director and Chief Executive Officer of Bandhan Bank, in the presence of Rajinder Kumar Babbar, Executive Director and Chief Business Officer, Ratan Kumar Kesh, Executive Director and Chief Operating Officer, Satish Kumar, Head of Wholesale Banking, and other senior officials. According to the bank, the specialised branch will…

18 Jun

Tata Motors Shares Rally Following Mixed Analyst Reactions to JLR’s FY27 Guidance

anuprovaBusiness

Shares of Tata Motors Passenger Vehicles (TMPV) traded in the green, climbing steadily to ₹361.95 apiece on the National Stock Exchange following the release of the fiscal year 2026–27 performance guidance for its wholly-owned subsidiary, Jaguar Land Rover (JLR). During its highly anticipated Investor Day presentation, JLR management outlined a robust trajectory for FY27, forecasting revenues of £26 billion—a notable increase from £23 billion in FY26—alongside a target EBIT margin of around 4% and a projected break-even on free cash flow. This strategic blueprint prompted immediate assessments from major global brokerages, who offered distinct views on the auto giant's near-term…

17 Jun

DIRECTION BEATS DEGREE – By Bidyut Mazumder, Deputy Director, JIS Group

Business BureauBusiness

Achieving transparency and respect in life requires proper education, research mentality andadequate preparation for the job life. And this requires the mentality ofimmense hardwork, perseverance and intense competition. Recently, in an exclusive interview one such message was conveyed by the Deputy Director of JIS Group, Mr. Bidyut Mazumder. He said, after the result declaration of the class 10th and 12thboard examinations,lakhs of students in the country are now standing at an important phase of their life. Some are preparing for higher education while some others are busy determining their career goals. Almost every student aims to acquire more knowledge, enhance…

17 Jun

CERO Runs Northeast’s Only Govt-Approved Vehicle Scrapping Facility in Guwahati

PreetiAssam, Business

CERO, India’s first organised vehicle recycling initiative operated by Mahindra MSTC Recycling Pvt. Ltd. (MMRPL), is strengthening Assam’s vehicle scrappage ecosystem through its Government-authorised Registered Vehicle Scrapping Facility (RVSF) in Guwahati. The CERO facility, located at Katanipara, Madanpur, near Madanpur Toll Plaza, Mouza-Madartola, is the only authorised vehicle scrapping centre of its kind in Northeast India. Vehicles from neighbouring states, including West Bengal, are also being brought to the facility for scientific recycling. The name CERO, derived from the Spanish word meaning “Zero”, represents the company’s vision of zero waste and sustainable recycling. Following the implementation of the vehicle scrappage…