Business News Northeast - Latest Business Northeast News & Updates

24 Mar

PMI reiterates its resolve to eradicate the illegal tobacco trade

Business BureauBusiness

During a recent session on ‘Switching Off Illicit Cigarettes’, Rodney Van Dooren, Head of Illicit Trade Prevention Asia Pacific, Philip Morris International (PMI), has underlined the importance of securing cross border collaboration and stringent enforcement to combat tobacco black market in ASEAN region. Over the past year, governments and relevant agencies across the ASEAN region have intensified their efforts to combat cigarette black market. However, the problem remains severe, with 1 in 4 cigarettes consumed in these countries being illegal. The World Health Organisation (WHO) Framework Convention on Tobacco Control identifies India as both a transit hub and a key…

22 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…

22 Mar

IDBI Bank shares inflation nearly 8% to nine-week high on privatisation hopes

Business CorrespondentBusiness, News

IDBI Bank shares rallied nearly 8 percent on March 21 with trading volumes double the 20-day average, pushing the stock to a nine-week high for the fifth consecutive session. According to DIPAM Secretary Arunish Chawla, the disinvestment process of IDBI Bank is still on and is expected to be finalised in the next three months. In an exclusive interview with Network18, Chawla informed that major hurdles, including data room issues, have been resolved and due diligence has been completed. The government and LIC together are in the process of selling 61% stake in IDBI Bank, with the Centre holding 30.48…

21 Mar

Zee Entertainment shares inflation 6% as CLSA sees stock price doubling in 12-24 months

Business CorrespondentBusiness, News

Shares of Zee Entertainment Enterprises Ltd (ZEEL) rose 6% on March 20 after brokerage firm CLSA sees stock price doubling in the next 12-24 months. The foreign brokerage believes advertising revenue-led growth could lead to a rerating of the stock, as it suggested a target price of Rs 170. Zee's EBITDA margin has grown 9 per cent from the bottom and even assuming 6 per cent year-on-year (YoY) advertising growth, Zee could post 22-23 per cent year-on-year (YoY) growth in EBITDA and profit after tax in FY26-27, CNBC-TV18 reported CLSA. On March 20, Zee Entertainment shares were trading 6% higher…

20 Mar

Aluminium futures prices inflation on fresh deals

Business CorrespondentBusiness, News

New Delhi, March 20: Aluminium prices on Thursday rose by 45 paise to Rs 262.10 per kg in the futures market due to fresh deals by speculators amid positive trend in the spot market. The price of aluminium contract for April delivery on the Multi Commodity Exchange rose by 45 paise or 0.17 per cent to Rs 262.10 per kg in a business of 1,375 lots. Analysts said fresh deals by traders amid demand from consumer industries supported aluminium prices in the futures market.

20 Mar

A Year of Transforming Lives: Birla Fertility & IVF Howrah Continues to Pioneering Fertility Care in Eastern India

Business BureauBusiness

Birla Fertility & IVF, one of India’s leading fertility networks, has completed its first year of operations in Howrah, reinforcing its commitment to accessible and expert-led fertility care. The milestone was celebrated with families who began their parenthood journeys at the centre, sharing their experiences of resilience and success. The Howrah centre has emerged as a crucial fertility hub, serving not just the local population but also couples from Hooghly, Midnapore, and other parts of West Bengal. By providing specialised consultations, fertility assessments, and structured treatment plans, it has reduced the need for long-distance travel, making high-quality fertility care more…

20 Mar

Tinder U debuts in India, redefines campus dating experience

Business BureauBusiness

Tinder has launched its exclusive in-app feature, Tinder U, in India, bringing university and college students a new way to connect and meet like-minded peers. Designed specifically for students, Tinder U aims to turn campus crushes into real-life connections with a simple ‘Like’ or ‘Super Like’ feature. By opting in with a valid college email address, students gain access to a personalized and secure platform where they can match with fellow students based on shared interests, academic details, and club activities. This move aligns with the increasing preference for online dating among young adults, as a OnePoll survey revealed that…

19 Mar

Tata Motors vehicle prices to gain from April 2025 | See details

Business CorrespondentBusiness, News

Tata announces price hike: Prices of Tata Motors passenger and commercial vehicles are set to rise from April 2025. According to the company, the price hike is necessary to mitigate the impact of rising input costs. The extent of the price hike will depend on the make, model and variant of the vehicle. Tata Motors commercial vehicle prices will also increase by up to 2%, effective April 1, 2025. The $44 billion company said in an exchange filing that it remains committed to providing cutting-edge mobility solutions despite rising production costs. The price hike is expected to particularly impact fleet…

18 Mar

Eugenix Hair Sciences driving India’s booming hair transplant market

Business BureauBusiness

The global hair transplant industry is witnessing unprecedented growth, projected to reach USD 141.88 billion by 2032 at a CAGR of 25.2%. In India, the sector is expanding rapidly, with Eugenix Hair Sciences emerging as a leader. Founded by Dr. Pradeep Sethi and Dr. Arika Bansal, Eugenix has performed over 16,000 procedures, including 1,800 Grade 6/7 baldness cases, setting new industry benchmarks. Eugenix has gained prominence with its Direct Hair Transplant (DHT) technique, attracting Bollywood celebrities like Boney Kapoor, cricketers Mohammed Shami, Ravi Shastri, and Mohammed Azharuddin, and singer Anup Jalota. With a dedicated focus on hair restoration, state-of-the-art facilities,…

18 Mar

Centum Electronics shares inflation 5%, company raises Rs 210 crore through QIP

Business CorrespondentBusiness, News

Centum Electronics shares rose over 5 percent on March 17 and closed at Rs 1,350 per share. This development comes after the company announced that it has raised Rs 210 crore through its qualified institutional placement (QIP). Notably, Prashant Jain's 3P India Equity Fund acquired 3.52 percent stake (over 5.17 lakh equity shares) in the company by participating in the QIP. This took the firm's total stake in the company to 5.47 percent. The company announced that the QIP comprises 18.10 lakh shares at an issue price of Rs 1,160 per equity share. However, this is around Rs 60 lower…