Business News Northeast - Latest Business Northeast News & Updates

14 Apr

Philips ‘Steams It Up’ this Bihu with Aimee Baruah, Nishita Goswami & Barsharani Bishaya

Business BureauBusiness

As Bihu festivities light up the Northeast, Philips has launched its vibrant ‘Steam It Up’ campaign, roping in regional icons Aimee Baruah, Nishita Goswami, and Barsharani Bishaya to promote the Philips STH5000 Handheld Steamer—a must-have for festive styling. Highlighting the importance of looking flawless during the cultural celebrations, the campaign showcases how the steamer keeps everything from traditional Mekhela Chadors to modern party wear crisp and fresh. With a heat-up time of just 30 seconds and powerful 24g/min steam output, the Philips STH5000 is built for quick, hassle-free touch-ups, even on delicate fabrics. Nishita Goswami recently visited leading retailers Electrocity…

14 Apr

UPI transactions upgrade to 18.3 billion in March

Business CorrespondentBusiness, News

India's Unified Payments Interface (UPI) recorded a robust 13.6 percent growth in transaction volumes in March, hitting a new peak of 18.30 billion transactions, according to the latest data released by the National Payments Corporation of India (NPCI). While the top five UPI apps - PhonePe, Google Pay, Paytm, Navi and Super.money - retained their rankings, Axis Bank moved to the sixth spot, overtaking fintech unicorn CRED, which slipped to the seventh spot. This shift follows a similar pattern seen in February, when Super.money displaced CRED to enter the top five. In March, Axis Bank's growth was driven by a…

14 Apr

Bandhan Bank pledges Rs 4 crore to Ramakrishna Mission for education and skill development hub

Business BureauBusiness

In a strong push towards nation-building through education and skill development, Bandhan Bank has extended ₹4 crore as part of its Corporate Social Responsibility (CSR) initiative to the Ramakrishna Mission. The funds will support the construction of the Ramakrishna Mission Centre for Human Excellence and Social Sciences, known as Viveka Tirtha, at Belur Math. The cheque was formally handed over by Bandhan Bank’s MD & CEO Shri Partha Pratim Sengupta to Swami Suvirananda, General Secretary of Ramakrishna Math & Ramakrishna Mission, in the presence of senior dignitaries from both organizations. Speaking on the occasion, Sengupta said, “We are honoured to…

12 Apr

JK Tyreignites North-East with Indian racing festival tour

Business BureauBusiness

JK Tyre& Industries Ltd, a pioneer in Indian motorsport and tyre manufacturing, has announced a thrilling regional campaign—“JK Tyre powered Indian Racing Festival – a carnival of Total Control”—across five North-Eastern cities from April 12 to 22. The tour will accelerate through Kohima, Aizawl, Shillong, Guwahati, and Gangtok, offering a unique mix of motorsport showcase and brand engagement. The festival will spotlight international Formula 4 and Wolf cars, electrifying drifting displays, superbike stunts, and performances by young karting prodigies. These events will run on JK Tyre’s ultra-high-performance Levitas Ultra tyres, reaffirming the brand’s technological edge. Director-Sales & Marketing Srinivasu Allaphan…

12 Apr

Bandhan Bank launches Elite Plus account to woo affluent customers

Business BureauBusiness

Bandhan Bank has rolled out its latest premium banking offering, the Elite Plus Savings Account, aimed at delivering an upgraded experience to its affluent customer base. The account offers a wide array of exclusive benefits including free movie tickets worth ₹750 per month, complimentary airport lounge access, golf sessions, unlimited free transactions, and accelerated reward points. The Elite Plus Savings Account was officially launched by Bandhan Bank MD & CEO Partha Pratim Sengupta, joined by ED & CBO Rajinder Kumar Babbar and ED & COO Ratan Kumar Kesh. Cricket legend Sourav Ganguly was among the first to open the new…

12 Apr

IIFL Finance to raise Rs 500 crore via bonds offering up to 10.25% interest

Business BureauBusiness

IIFL Finance Limited, a leading NBFC, announced a public issue of secured, redeemable non-convertible debentures (NCDs) to raise up to ₹500 crore, with an attractive coupon of up to 10.25% per annum. The issue opens on April 7 and closes on April 23, 2025, with an option for early closure. Proceeds will be used for onward lending, financing, and general corporate purposes. The NCDs are rated “Crisil AA/Stable” and “[ICRA] AA (Stable),” signifying high safety and low credit risk. Investors can choose from tenors of 15, 24, 36, and 60 months, with monthly, annual, or cumulative interest payment options. The…

12 Apr

India’s vegetable oil imports decline 16% in March

Business CorrespondentBusiness, News

New Delhi, India's vegetable oil imports fell 16 percent to 9.98 lakh tonnes in March due to a sharp drop in crude sunflower oil shipments, according to industry data.In a statement on Friday, the Solvent Extractors Association of India (SEA) said imports of vegetable oils (edible and non-edible) declined to 9,98,344 tonnes in March 2025 from 11,82,152 tonnes in the same month last year.Edible oil imports declined to 9,70,602 tonnes in March 2025 from 11,49,681 tonnes in the same period a year ago. Imports of crude sunflower oil declined to 1,90,645 tonnes last month from 4,45,723 tonnes in March 2024.Arrivals…

11 Apr

Silver futures inflation by Rs 1,216 to Rs 92,811 per kg

Business CorrespondentBusiness, News

New Delhi, Apr 11: Silver prices rose by Rs 1,216 to Rs 92,811 per kg in futures trade on Friday as participants increased their bets.Silver contracts for May delivery on the Multi Commodity Exchange rose by Rs 1,216, or 1.33 percent, to Rs 92,811 per kg in a business turnover of 19,617 lots.Analysts said fresh deals by participants led to the rise in silver prices.Globally, silver was trading 1.99 percent higher at $31.37 an ounce in New York.

10 Apr

IDBI Bank shares inflation after DIPAM secretary says divestment progress is on track

Business CorrespondentBusiness, News

DIPAM secretary Arunish Chawla said the long-awaited IDBI Bank divestment by the government is progressing rapidly, with several key steps being taken. IDBI Bank shares rallied over 3 per cent on April 9. Speaking to CNBC-TV18 earlier this week, Chawla described the 'multi-stage' process as 'quite complex' involving multiple work-streams running in parallel. "The virtual data room is active, all queries are being answered, we are negotiating the shareholders' agreement, and we have already appointed an asset valuer," Chawla said, adding, "Everything is moving like a parallel computer." The DIPAM secretary refrained from giving any specific timelines, but indicated that…

09 Apr

Experience Elevated Mobility: Urban Cruiser Hyryder Introduces Cutting-Edge Enhancements

Business BureauBusiness

In a move aimed at enhancing everyday driving for Indian families, Toyota Kirloskar Motor (TKM) has introduced a thoughtfully upgraded version of its Urban Cruiser Hyryder. Designed with inputs from customers across the country, the revamped SUV focuses on advanced safety, comfort, and convenience, making daily commutes smoother and safer. A major highlight is the inclusion of six airbags as standard across all variants, along with structural safety enhancements and an electronic parking brake in select automatic versions. Performance sees a boost with the new 6-speed automatic transmission replacing the earlier 5-speed manual in the AWD variant. For families and…