Business News Northeast - Latest Business Northeast News & Updates

07 Apr

The Last Insulin Giant: Biocon’s Bold Strategy in a GLP-1-Dominated Era

nanikaBusiness

As the global pharmaceutical landscape undergoes a seismic shift toward GLP-1 "miracle" drugs, Biocon is doubling down on a different mission: becoming the world’s primary provider of insulin. Kiran Mazumdar-Shaw, Chairperson of Biocon, recently outlined a strategic roadmap that positions the Indian firm to capture the market share being vacated by global giants like Novo Nordisk, Eli Lilly, and Sanofi. The strategy stems from a visible "recalibration" by major players. As these companies prioritize high-margin GLP-1 and incretin-based therapies, they are increasingly shifting away from complex insulin delivery systems like cartridges and pens. While GLP-1 drugs have revolutionized Type-2 diabetes…

07 Apr

KMBL announces the selection of 71 startups for Kotak BizLabs Season 2, expands funding beyond metros

editorBusiness

Kotak Mahindra Bank on April 6 announced the selection of 71 startups for Season 2 of its Kotak BizLabs Accelerator Programme, with 60 startups set to receive structured grants of up to ₹30 lakh each. The programme marks a significant expansion in outreach, with 53% of selected startups coming from non-metro regions, reflecting a shift in India’s entrepreneurial landscape. The cohort includes startups from 13 states across 12 sectors such as AI, deep tech, agritech, sustainability, clean energy, edtech, and healthcare. Season 2 received 3,088 applications—an 80% rise from the previous edition—with over 80% of applicants from beyond the four…

07 Apr

Hyatt, Brigade Group ink dual hotel deals to tap India’s booming hospitality market

Business BureauBusiness

Hyatt Hotels Corporation has signed management agreements with Brigade Group entities to develop two new hospitality projects—Grand Hyatt Chennai ECR and Hyatt House Bengaluru Devanahalli marking a strategic expansion in India’s high-growth travel and business markets. Brigade Hotel Ventures Limited will develop the Grand Hyatt Chennai ECR, a premium beachfront property on East Coast Road, expected to open in 2029. The hotel will feature around 200 rooms, five dining venues including a signature restaurant and specialty outlets, a pool bar, lobby lounge, wellness facilities, and large event spaces aimed at MICE, weddings, and leisure segments. “This will redefine Chennai’s hospitality…

06 Apr

ABD onboards Industry Stalwart Amar Sinha

Business BureauBusiness

Allied Blenders and Distillers Limited (ABD), India’s largest domestic spirits company by volume, has announced the appointment of Amar Sinha as Managing Director (MD) Designate, effective April 2, 2026. The decision was approved by the company’s Board of Directors as the tenure of current MD Alok Gupta nears completion, marking a planned leadership transition aligned with ABD’s long-term growth strategy. Sinha brings over three decades of leadership experience in the alco-beverage and consumer sectors. He has previously held key positions, including Chief Operating Officer at Radico Khaitan, Managing Director at Whyte & Mackay India, and senior roles at Herbertsons under…

06 Apr

Dettol unveils emotion-led campaign celebrating mother’s instinct and protection

Business BureauBusiness

Dettol has launched a new campaign for its flagship Dettol Antiseptic Liquid, reinforcing its legacy as a trusted partner in family care through an emotional narrative centred on a mother’s instinct to protect. Built on the thought, “Nothing protects like Mom & Dettol,” the campaign aims to deepen the brand’s connection with Indian households. The campaign film captures a poignant moment set in a bustling wedding household, where a young boy hides his injury until his mother instinctively senses his pain. As she treats his wound with Dettol, the emotional exchange highlights both vulnerability and care, ending with the message,…

04 Apr

Noel Tata and Others Named in Petition; Mehli Mistry Questions Eligibility of Non-Zoroastrian Trustees

nanikaBusiness

A significant legal battle has surfaced within the Tata Trusts ecosystem as former trustee Mehli Mistry has approached the Maharashtra Charity Commissioner, seeking a high-level probe into alleged irregularities. The petition centers on the Bai Hirabai Jamsetji Tata Navsari Charitable Institution, an affiliate of the Sir Ratan Tata Trust, and raises fundamental questions regarding the eligibility of its governing board members. At the heart of the dispute is a century-old trust deed. Mistry argues that the appointment of two vice chairmen—Venu Srinivasan and Vijay Singh—is a "blatant violation" of the trust’s governing rules. Citing a deed dated December 1923, the…

04 Apr

India’s Healthcare Inflation Hits 11.5%, Widening Protection Gap

Business BureauBusiness

As India marks World Health Day, new insights from Aon highlight a widening gap between the true cost of critical illnesses and the financial protection available to individuals and families. Despite increasing awareness and insurance adoption, rising healthcare costs and evolving treatment pathways are leaving many underinsured at a time when they are most vulnerable. At Aon, the critical illness protection gap is defined as the shortfall between the actual financial impact of a serious illness and the protection available through insurance, employer benefits, and personal savings. This gap extends beyond hospitalisation costs to include income disruption, long recovery periods,…

03 Apr

Turkish Airlines adds Timișoara as its fourth destination in Romania: New route alert

Business BureauBusiness

Turkish Airlines has launched flights to Timișoara, marking its fourth destination in Romania after Bucharest, Cluj-Napoca, and Constanta. The new service, operating five times a week, takes the airline’s total weekly frequency in Romania to 47 flights. An inauguration ceremony was held at Timișoara Traian Vuia International Airport, attended by airline and airport officials, highlighting the route’s role in strengthening regional connectivity. Turkish Airlines CEO Bilal Ekşi said Romania remains a key strategic market in Eastern Europe, adding that the new route will enhance travel options and improve access to the airline’s global network via Istanbul. Located along the Bega…

03 Apr

Royal Stag unveils ‘Live It Large’ campaign featuring star-studded line-up

Business BureauBusiness

Seagram’s Royal Stag Packaged Drinking Water has launched its new brand campaign, Live It Large, marking a fresh phase in its brand journey and targeting India’s emerging “Generation Large” with a message of ambition and individuality. The campaign features a diverse mix of personalities, including cricketers Rohit Sharma and Jasprit Bumrah, rapper Badshah, actors Sidharth Malhotra and Naga Chaitanya, and gamer Payal Dhare. Each represents the brand’s philosophy of confidence, self-expression, and redefining success. Set in a conceptual “Land of Large,” the campaign film showcases India’s cultural diversity—from North India’s “tashan” to the South’s tech-driven vibrancy, the East’s music, and…

02 Apr

Tata Motors Q4 FY26 sales jump 25%, EV volumes surge

Business BureauBusiness

Tata Motors reported strong commercial vehicle performance in Q4 FY26, with total domestic and international sales rising 25% year-on-year to 1,32,465 units, compared to 1,05,643 units in Q4 FY25. March 2026 sales stood at 47,976 units, up 17% from 41,122 units a year ago. Segment-wise, HCV trucks grew 14% in March and 29% in Q4, while ILMCV trucks rose 16% and 27% respectively. Passenger carriers recorded a sharp 31% growth in March, while SCV cargo and pickups increased 17%. Total domestic CV sales climbed 18% in March and 26% in Q4, with international business showing 17% growth in Q4 despite…