Business News Northeast - Latest Business Northeast News & Updates

28 Mar

Bandhan Bank partners with Indian Air Force for Shaurya Salary Account

Business BureauBusiness

Bandhan Bank has signed a Memorandum of Understanding (MoU) with the Indian Air Force (IAF) to provide the Shaurya Salary Account, a corporate salary account tailored for defence personnel. The account offers benefits such as a zero-balance requirement, protection for IAF personnel and their families, and attractive interest rates. The agreement was signed by Air Vice Marshal Updesh Sharma VSM, Assistant Chief of the Air Staff (Accounts & Air Veterans), and Debraj Saha, Head – Government Business Group, Bandhan Bank, in the presence of other senior officials from both organizations. This initiative complements Bandhan Bank’s role as a SPARSH Service…

27 Mar

ASCI report calls for more inclusive depictions of masculinity in media

Business BureauBusiness

The Advertising Standards Council of India’s (ASCI) Academy, in collaboration with the Unstereotype Alliance (convened by UN Women) and knowledge partners Religious Brands, has released a groundbreaking report, Manifest: Masculinities Beyond the Mask. The report, unveiled at ASCI Academy’s Global Adda during the ICAS Global Dialogues Summit, examines the evolving landscape of masculinity in media and society. The study highlights the "crisis" of traditional masculinity, where men feel increasingly alienated amid shifting societal norms and the rise of gender equality. It calls for a broader and more nuanced representation of men in media and advertising, moving beyond rigid stereotypes. The…

27 Mar

Natraj Pipes expands production amid rising infrastructure demand, signs Sourav Ganguly as brand ambassador

Business BureauBusiness

Natraj Pipes, a leading provider of PE and uPVC piping solutions under Prabhu Poly Pipes Limited, has announced cricketing legend Sourav Ganguly as its brand ambassador. The collaboration was unveiled at an exclusive press conference at Taj Bengal, Kolkata, on the occasion of World Water Day, emphasizing the company's commitment to sustainability and infrastructure development. With India's rapid urbanization and government-driven initiatives shaping a "Viksit Bharat," the need for high-quality piping solutions has become more critical. Natraj Pipes, known for its advanced technology and stringent quality standards, aims to provide safe, lead-free, and durable piping systems for water, sewerage, and…

27 Mar

HAL shares inflation 3% as GE Aerospace delivers first engine for Tejas Mk 1A

Business CorrespondentBusiness, News

Hindustan Aeronautics (HAL) shares jumped over 3 percent on March 26 after GE Aerospace announced that it has delivered the first of 99 F404-IN20 engines for the Tejas Light Combat Aircraft Mk 1A fighter jet. HAL shares were trading at Rs 4,152 per share at noon. Speaking about the latest development, GE Aerospace said, "This is an important milestone in our 40-year relationship with HAL and our efforts to ensure a strong future for India's military by developing next-generation fighter aircraft while enhancing the country's defence manufacturing capabilities.GE Aerospace has a strong history of military jet propulsion collaborations in India."…

26 Mar

Johnson’s Baby unveils new campaign with Anil & Sonam Kapoor, highlights science of baby eyes

Business BureauBusiness

Johnson’s Baby has launched its latest digital campaign featuring Bollywood’s iconic father-daughter duo, Anil and Sonam Kapoor, spotlighting the science behind baby eye care. The campaign emphasizes how babies blink less frequently than adults, making their eyes more vulnerable to external irritants, reinforcing the need for gentle skincare solutions. Conceptualized by DDB Mudra, the campaign’s ad film playfully illustrates this difference through a staring contest between Anil Kapoor and a baby, ultimately highlighting the necessity of using mild, tear-free products. Johnson’s Baby, a pioneer in baby skincare, introduced the revolutionary No More Tears® formula in its baby shampoo, ensuring irritation-free…

26 Mar

IndusInd Bank share price lapse over 5%, fined ₹30 crore for ‘various GST issues’

Business CorrespondentBusiness, News

IndusInd Bank share price dropped over 5% on Tuesday after the private lender said GST authorities in Thane district have imposed a penalty of over ₹30.15 crore on it for various issues. Shares of IndusInd Bank fell 5.32% to ₹633.55 on the BSE.IndusInd Bank, which is already facing scrutiny over derivative account anomalies, also said it may file an appeal against the GST order.In a regulatory filing on March 24, IndusInd Bank said, "…we inform that a penalty of Rs 30,15,18,000/- has been imposed on the bank by the Joint Commissioner of CGST and Central Excise, Thane Commissionerate for various…

25 Mar

Silver prices jump: Rs 598 rose to Rs 98,091 per kg

Business CorrespondentBusiness, News

New Delhi, March 25 Silver prices rose by Rs 598 to Rs 98,091 per kg on Tuesday as participants increased their bets.Silver contracts for May delivery on the Multi Commodity Exchange rose by Rs 598, or 0.61 per cent, to Rs 98,091 per kg in a business turnover of 18,621 lots.Analysts said fresh deals by participants led to the rise in silver prices.Globally, silver was trading 0.56 per cent higher at $33.20 per ounce in New York.

25 Mar

Toyota Kirloskar Motor strengthens sustainability drive on World Forest Day & World Water Day

Business BureauBusiness

Toyota Kirloskar Motor (TKM) reaffirmed its commitment to environmental sustainability on World Forest Day and World Water Day, aligning with the Toyota Environmental Challenge 2050 (TEC 2050). The company continues its efforts to minimize carbon emissions, optimize water usage, and enhance biodiversity conservation. At its Karnataka facility, TKM follows a ‘4R’ water strategy—Reduce, Reuse, Recycle, and Recharge—meeting 89.3% of its production water needs through recycled water and rainwater harvesting. With a rainwater storage capacity of 51,000 cubic meters and 18 groundwater recharge pits, the company is progressing towards becoming a Zero Liquid Discharge plant. Its afforestation initiatives have resulted in…

24 Mar

Silver futures surge: Prices inflation to Rs 98,406 per kg

Business CorrespondentBusiness, News

New Delhi, March 24 Silver prices rose by Rs 522 to Rs 98,406 per kg on Monday as participants increased their bets.Silver contracts for May delivery on the Multi Commodity Exchange rose by Rs 522, or 0.41 per cent, to Rs 98,406 per kg in a business turnover of 19,237 lots.Analysts said fresh deals by participants led to the rise in silver prices.Globally, silver was trading 0.39 per cent higher at $33.16 per ounce in New York.

24 Mar

Bandhan Bank partners with Salesforce to enhance AI-powered lending

Business BureauBusiness

Bandhan Bank has joined hands with Salesforce to overhaul its loan origination systems (LOS) and drive AI-powered digital banking transformation. The collaboration aims to streamline loan processing and enhance customer experience by leveraging cutting-edge technology. With over 6,300 outlets across 35 states and union territories, Bandhan Bank has been a key player in financial inclusion. By consolidating multiple LOS into AI-driven platforms, the bank has significantly improved operational efficiency. Salesforce’s Lightning Platform is being used for housing finance LOS, while Sales Cloud facilitates commercial loans, ensuring a seamless loan lifecycle from customer onboarding to disbursal. Arundhati Bhattacharya, President & CEO…