Business News Northeast - Latest Business Northeast News & Updates

16 Oct

JENNIE launches empowering ew single “Mantra” amidst global excitement

Business BureauBusiness

Global superstar JENNIE has officially launched her highly anticipated new single and music video, "Mantra," through Columbia Records/ODDATELIER. The release has generated significant buzz, marking a bold new chapter for the multi-talented artist. Directed by Tanu Muino, known for her work with Dua Lipa and Harry Styles, the music video showcases JENNIE’s vision of female empowerment and self-expression. In her own words, JENNIE describes "Mantra" as the ideal anthem to kick off her new era. "The song was inspired by my time recording in Los Angeles and hopefully fans feel that energy," she stated. "It's energetic and empowering, encouraging women…

16 Oct

Toyota Kirloskar Motor launches Urban Cruiser Hyryder ‘Festival Limited Edition’—A perfect blend of style and functionality

Business BureauBusiness

Toyota Kirloskar Motor (TKM) has unveiled the Urban Cruiser Hyryder Festival Limited Edition, featuring a complimentary Toyota Genuine Accessories (TGA) package. This special edition SUV caters to customers seeking a more personalized and premium driving experience during the festive season. The TGA package includes 13 specially designed accessories, enhancing both the aesthetics and functionality of the vehicle's interior and exterior. Key features of the Urban Cruiser Hyryder Festival Limited Edition: (i) Complimentary TGA Package: This package includes exterior chrome and ornamental accessories like mudflaps, door visors, and bumper garnishes, along with interior premium and advanced accessories like all-weather floor mats,…

15 Oct

JSW Infra shares growth 3%, Nuvama initiates ‘buy’ on strong prospects

Business CorrespondentBusiness, News

Shares of JSW Infrastructure made a positive debut on the stock markets on October 15, rising 3 percent to Rs 329 after Nuvama Institutional Equities initiated coverage with a 'buy' call, emphasising on the upside citing multiple levers for growth.With a target price of Rs 390, the domestic brokerage estimates an upside potential of 22 per cent from its previous close of Rs 319 on NSE. JSW Infra shares have gained 53 per cent since the beginning of the year.Nuwama says JSW Infra, as the second-largest private port operator in a steadily growing industry, is set to benefit from strong…

14 Oct

Bajaj Auto Q2 preview: Strong volumes, rich product mix may drive revenue jump 23%

Business CorrespondentBusiness, News

Pune-headquartered Bajaj Auto Ltd is set to release its earnings report for the second quarter of FY 2025 on October 16. Increase in volumes and diversified product mix are expected to drive the company's sales to double-digit growth rate on a year-on-year basis.According to a Moneycontrol poll of eight brokerage firms, the Triumph maker is projected to report a 23 per cent year-on-year growth in revenue to reach Rs 13,266 crore. Net profit is estimated to rise 21 per cent to Rs 2,227 crore from Rs 1,836 crore in the same quarter last fiscal.Earnings estimates of analysts surveyed by Moneycontrol…

10 Oct

ENO kick started its Durga puja campaign ‘ENO Chewy Bites’

Business BureauBusiness

As the festive season approaches, ENO, India’s leading antacid brand, kick started its Durga puja campaign centred around its latest offering ENO Chewy Bites. Designed to tackle acidity on the go, the campaign ensures that people can fully enjoy the festive feasting without any interruptions. Durga Puja in Bengal is a cultural phenomenon where food and festivities go hand in hand. It’s a time to indulge in both visual and culinary delights, bonding with loved ones while savouring the best of festive food. At the heart of this campaign is ENO’s belief that food is a celebration, and no one…

09 Oct

RBI projects 7.2% GDP growth for FY25, CPI jump expected to ease to 4.5%

Business CorrespondentBusiness, News

The Reserve Bank of India (RBI) has projected real GDP growth of 7.2% for FY 2024-25 after the Monetary Policy Committee (MPC) meeting held on Wednesday, along with an expected moderation in Consumer Price Index (CPI) inflation to 4.5%.RBI Governor Shaktikanta Das said that GDP growth is expected to be 7% in the second quarter, which will increase to 7.4% in the third and fourth quarters. Growth is projected to be 7.3% in the first quarter of the next financial year (2025-26), with risks evenly balanced across various economic indicators.Das stressed that this growth momentum is supported by strong quarterly…

09 Oct

Hyundai Motor India Limited sets IPO price band at Rs 1,865-Rs 1,960, opens October 15

Business BureauBusiness

Hyundai Motor India Limited (the “Company”), a part of the Hyundai Motor Group, which is the third largest auto OEM in the world based on passenger vehicle sales in CY2023, according to the CRISIL Report, proposes to open its initial public offering of Equity Shares (“Offer”) on Tuesday, October 15, 2024. The Anchor Investor Bidding Date is one Working Day prior to Bid/Offer Opening Date, being Monday, October 14, 2024. The Bid/ Offer Closing Date is Thursday, October 17, 2024. The Price Band of the Offer has been fixed from ₹ 1,865 per Equity Share to ₹ 1,960 per Equity…

09 Oct

Kingfisher brings Oktoberfest fever to India with ‘Mug It Up!’ campaign across 40+ cities

Business BureauBusiness

Kingfisher, India’s iconic beer brand, is all set to bring the Oktoberfest spirit to Indian shores with its 'Kingfisher Oktoberfest – Mug It Up!' campaign. This nationwide celebration spans over 40 cities and will showcase a unique blend of German tradition and local flair. The flagship event, Kingfisher OctoBeer Fest, will be held in Bengaluru on October 19-20, headlined by popular artists like Jasleen Royal and Raftaar. The two-day festival promises an immersive experience with a Bavarian-style beer garden, food pop-ups, exclusive merchandise, and much more. As part of the ‘Mug It Up!’ campaign, Kingfisher will also be featured at…

09 Oct

SBI General Insurance launches ‘SBIG Health Super Top-Up’ to address rising medical costs

Business BureauBusiness

SBI General Insurance, one of India's leading General Insurance companies announces the launch of ‘SBIG Health Super Top-Up’, a health insurance top-up plan designed as an economical and affordable option supplementing over and above the basic health insurance policy. The product offers versatility for individuals seeking insurance to enhance their existing policy - by seamlessly complementing any existing health insurance policy from any provider, whether corporate or personal. It enables customers to customize their coverage to suit their specific needs, ensuring a convenient and hassle-free experience. With lifestyle diseases on the rise and medical inflation escalating at approximately 14% in…

08 Oct

Crude oil futures increase on spot demand

Business CorrespondentBusiness, News

New Delhi, Oct 8 (PTI) Crude oil prices on Monday rose by Rs 67 to Rs 6,406 per barrel in futures trade as traders widened their bets following strong spot demand.On the Multi Commodity Exchange, crude oil for October delivery rose by Rs 67, or 1.06 percent, to Rs 6,406 per barrel in a business turnover of 14,534 lots.Analysts said crude oil prices rose in futures trade as participants increased their deals.Globally, West Texas Intermediate crude prices inflation 2.70 percent to USD 76.39 per barrel in New York, while Brent crude prices expansion 2.40 percent to USD 79.92 per barrel.