Business News Northeast - Latest Business Northeast News & Updates

03 Dec

Madan Mohan Halder Challenge Shield spurs football talent and local economy

Business BureauBusiness

The Madan Mohan Halder Challenge Shield football tournament, organized by the Ahmodpur Players Association, returned for its latest edition, showcasing young talent and boosting the local economy. Marking the Association’s 50th year, the event includes eight teams from districts like Murshidabad, Durgapur, and Kolkata, competing in a three-day knockout format. An all-women’s charity match further highlights the tournament's commitment to inclusivity. The event's economic impact on Birbhum is significant. Vendors in Ahmedpur and Sainthia report increased footfall as visitors flock to markets for refreshments, merchandise, and memorabilia. The tournament drives revenue for small businesses, creating a festive buzz that resonates…

03 Dec

Tata Salt dominates purity tests, strengthens its market position in Bihar

Business BureauBusiness

Tata Salt, India’s leading iodine-enriched salt brand, has been recognized as the purest salt in the country following laboratory tests of 100 salt brands. This achievement not only highlights Tata Salt’s commitment to purity but also positions it as the dominant player in the competitive Indian salt market, particularly in Bihar, where consumer awareness of product quality is on the rise. Since its inception in 1983, Tata Salt has built a strong reputation for purity, quality, and health benefits, solidifying its leadership position in the salt industry. "Tata Salt’s focus on purity and quality is integral to our mission of…

03 Dec

Tata Motors total sales gain marginally to 74,753 units in November

Business CorrespondentBusiness, News

Tata Motors Limited on Sunday said total sales in November rose marginally to 74,753 units as against 74,172 units in the same month last year. Tata Motors said in a statement that total domestic sales last month rose 1 per cent to 73,246 units as against 72,647 units in November 2023. The company said total passenger vehicle (PV) sales, including EVs, stood at 47,117 units as against 46,143 units in the same month a year ago, up 2 per cent. Similarly, domestic PV sales, including EVs, rose 2 per cent to 47,063 units as against 46,068 units in November 2023.…

02 Dec

Mahindra launches BE 6e and XEV 9e Electric SUVs, ushers in a new era of innovation

Business BureauBusiness

Mahindra has unveiled its latest flagship electric SUVs, the BE 6e and XEV 9e, marking a transformative shift in India’s electric vehicle market. With prices starting at ₹18.90 lakh for the BE 6e and ₹21.90 lakh for the XEV 9e, these vehicles embody Mahindra's "Unlimit India" vision, setting new global benchmarks in performance, technology, and design. Built on the revolutionary INGLO platform and powered by the world’s fastest automotive intelligence system, MAIA, both SUVs offer impressive range and cutting-edge features, including a 3-in-1 powertrain, advanced ADAS, and ultra-fast charging capabilities. The BE 6e caters to performance enthusiasts with its sporty…

02 Dec

Akasa Air elevates travel with industry-first offerings, sets new standards for comfort and service

Business BureauBusiness

Akasa Air, India’s fastest-growing airline, is revolutionizing the aviation experience with a suite of industry-first initiatives focused on passenger comfort, convenience, and inclusivity. The airline’s unique offerings include gourmet in-flight dining, a pet-friendly policy, and innovative features like SkyBeats and QuietFlights, setting new benchmarks for customer satisfaction. Akasa Air’s commitment to excellence is embodied in its vibrant in-flight environment, featuring Boeing Sky Interiors and spacious seating. The airline has also introduced Café Akasa, offering a refreshed menu with over 45 gourmet meal options, reflecting India’s diverse culinary landscape. Akasa's customer-first approach extends to its "Pets on Akasa" service, which has…

02 Dec

Real estate and offshore betting ads dominate ASCI’s half-yearly complaints report 2024-25

Business BureauBusiness

The Advertising Standards Council of India (ASCI) has released its Half-Yearly Complaints Report for 2024-25, highlighting a surge in misleading ads, particularly in the real estate and offshore betting sectors. Between April and September 2024, ASCI reviewed 4,016 complaints and investigated 3,031 advertisements, with 98% of them requiring modifications. Real estate ads emerged as the top violator, accounting for 34% of cases, with 1,027 ads reported to Maharashtra's Real Estate Regulatory Authority (MahaRERA). Additionally, illegal offshore betting ads continued to dominate, making up 29% of flagged cases. A significant number of these ads were found on digital platforms, particularly Instagram,…

02 Dec

Maruti Suzuki sales jump 10% in November; Hyundai sales fall 7%

Business CorrespondentBusiness, News

Maruti Suzuki India on Sunday reported that its total sales in November grew 10 percent year-on-year to 1,81,531 units.The automaker had dispatched 1,64,439 units to its dealers in November last year.Total domestic passenger vehicle wholesales stood at 1,41,312 units as against 1,34,158 units in the same month a year ago, a growth of 5 percent.Sales of mini segment cars, including Alto and S-Presso, stood at 9,750 units as against 9,959 units in November 2023. The Sales of compact cars including Baleno, Celerio, Dzire, Ignis, Swift, Tour S and WagonR declined to 61,373 units as against 64,679 units in the same…

30 Nov

Toyota Kirloskar Motor surpasses the remarkable milestone of 1,00,000-unit sales in India

Business BureauBusiness

Toyota Kirloskar Motor (TKM) has announced that its Urban Cruiser Hyryder has crossed the significant 1,00,000-unit sales milestone in India. Launched in July 2022, the B-SUV has captured the Indian market with its innovative hybrid technology, catering to the growing demand for environmentally sustainable vehicles. The vehicle is available in three powertrains—Self-charging Strong Hybrid Electric (SHEV), Neo Drive, and CNG—positioning it as a versatile and fuel-efficient option for a variety of customers. The self-charging hybrid powertrain, offering up to 27.97 km/l*, has been particularly well-received for its efficiency, which resonates with consumers seeking both performance and sustainability. The success of…

29 Nov

NTPC Green shares inflation on solar project news

Business CorrespondentBusiness, News

Shares of recently listed NTPC Green Energy gained 4% during today's session to hit Rs 127.55 on the BSE after the company announced successful commissioning of the first phase of the 105 MW Shajapur Solar Project having a capacity of 55 MW. In accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that, after successful commissioning, NTPC Renewable Energy Limited, a wholly owned subsidiary of NTPC Green Energy Limited, has announced the first tranche capacity of 55 MW out of the 105 MW Shajapur Solar Project (Unit-I) at Shajapur, Madhya…

27 Nov

Bank of India completes Rs 5,000 crore bond sale, stocks progress

Business CorrespondentBusiness, News

Bank of India stock closed 3.48% higher at Rs 111.90 on the BSE. The bank's market cap stood at Rs 50,762 crore. Bank of India shares surged after the lender said it has issued long term bonds (infrastructure) worth Rs 5,000 crore on a private placement basis. Bank of India stock closed 3.48% higher at Rs 111.90 on the BSE. The bank's market cap stood at Rs 50,762 crore. A total of 4.87 lakh shares were traded on the BSE, generating a turnover of Rs 5.33 crore. The stock is neither trading in the overbought nor in the oversold zone,…