Business News Northeast - Latest Business Northeast News & Updates

11 Feb

Berger Paints Q3 revenue steady, profit declines amid cost pressures; demand outlook improves

Business BureauBusiness

Berger Paints India Limited reported stable revenue performance for the quarter ended December 31, 2025, while profitability declined due to scale impact, continued brand investments and market uncertainties. Consolidated revenue from operations rose marginally by 0.3% year-on-year to ₹2,984 crore, while EBITDA remained almost flat at ₹471 crore. Net profit declined 8.3% to ₹271.3 crore. Standalone revenue increased 0.4% to ₹2,595 crore, with net profit slipping 2.5% to ₹298.4 crore. For the nine-month period, consolidated revenue grew 1.9% to ₹9,012.2 crore, though EBITDA fell 5.4% and net profit declined 13.8% to ₹792.8 crore. The company said extended monsoons and a…

11 Feb

Experts warn, DPDP timeline push could choke India’s economic engine

Business BureauBusiness

Experts have cautioned that compressing compliance timelines under India’s Digital Personal Data Protection (DPDP) Rules could strain businesses and weaken investor confidence, particularly in the startup ecosystem. The concerns were raised during a media briefing hosted by InGovern Research Services. While industry stakeholders broadly welcomed the intent to strengthen data privacy, speakers warned that advancing implementation timelines from the originally proposed 18 months to 12 months — and in some cases immediate enforcement — could impose disproportionate operational and financial burdens. They stressed that DPDP compliance requires deep changes in technology architecture, governance systems and internal processes, not just paperwork.…

10 Feb

MAGGI’s 50-year milestone strengthens brand equity; commemorative stamp highlights market legacy

Business BureauBusiness

Nestlé India marked a significant brand milestone with the launch of a commemorative postage stamp celebrating 50 years of MAGGI in India, reinforcing the company’s strong position in the country’s processed and convenience foods segment. The stamp was unveiled by Manish Tiwary, Chairman and Managing Director, Nestlé India, along with Chirag Paswan, Union Minister of Food Processing Industries. The commemorative issue recognises MAGGI’s five-decade evolution from a single instant noodle offering into a diversified portfolio that now includes noodles, masalas, sauces, soups and ready-to-cook products. Over the years, the brand has built a large consumer base across urban and semi-urban…

10 Feb

ABD Maestro Pvt. Ltd. makes an exceptional Luxury debut with ‘The Collective’ Limited Edition 34-Year-Old Single Malt

Business BureauBusiness

ABD Maestro Pvt. Ltd., the super-premium and luxury spirits company and a subsidiary of Allied Blenders & Distillers (ABD), on Wednesday announced the launch of its ultra-exclusive luxury series, ‘The Collective’, with the debut of a rare 34-year-old Speyside Single Malt Scotch whisky distilled at the Macallan Distillery in 1991. Co-founded by actor Ranveer Singh, the company has released only 60 hand-crafted and individually numbered bottles, each priced at ₹11 lakh (MRP in Maharashtra for 700 ml). The limited edition is being introduced as part of ABD Maestro’s strategy to position India as a key market for rare collectible spirits.…

10 Feb

L&T Wins Significant Transport Infrastructure Project in UAE

editorBusiness

Larsen & Toubro (L&T) on Tuesday said it has secured a “significant” transport infrastructure development project in Dubai, UAE, under the Phase-1 Road development initiative undertaken by local authorities.While the company did not disclose the order value, L&T classifies a significant order in the range of ₹1,000 crore to ₹2,500 crore. The contract has been awarded to L&T’s Transportation Infrastructure business vertical.The project involves the upgradation of Latifa Bint Hamdan Street, a key road corridor connecting Emirates Road (E611) and Sheikh Mohammed Bin Zayed Road (E311). As part of the scope, the existing two-lane dual carriageway will be expanded into…

10 Feb

‘Taste the Thunder’: Hanumankind and Vishal Dadlani Turn Up the Thunder with Thums Up

Business BureauBusiness

Coca-Cola India’s flagship billion-dollar beverage brand Thums Up has launched a new high-energy “Taste the Thunder” anthem featuring rapper Hanumankind and singer Vishal Dadlani, marking a major push to strengthen youth engagement ahead of the summer season. The anthem, built around the line “Aaj Kuch Toofani Kartein Hain,” was unveiled at an invite-only showcase in Mumbai attended by the artists along with director Bijoy Shetty, lyricist Varun Grover, and composer Sushin Shyam. Conceptualised by WPP Ogilvy and produced with Universal Music Group, the track blends Hanumankind’s English rap with Dadlani’s powerful vocals, while the video features cricketers Suryakumar Yadav and…

10 Feb

Great Learning Finds: AI Upskilling in India is Being Led by Senior Talent

Business BureauBusiness

Senior professionals are leading India’s artificial intelligence (AI) upskilling wave, with individuals having over 15 years of work experience accounting for more than 40% of all GenAI and AI/ML enrolments in 2025, according to new insights released by edtech firm Great Learning. The analysis, based on behavioural data from over one million learners, highlights how AI skills are increasingly becoming essential for leadership roles and strategic decision-making across industries. The report shows that AI and Machine Learning remained the most sought-after domain in 2025, recording a 17% year-on-year increase in demand, followed by Data Science, Software Development, Cloud Computing, and…

10 Feb

RBI policy in line with expectations; limited scope for further rate cuts, says Kotak Mahindra Bank

Business BureauBusiness

The Reserve Bank of India’s latest monetary policy decision has met market expectations, with economists indicating limited scope for additional repo rate easing amid evolving inflation risks. Reacting to the policy announcement, Upasna Bhardwaj, Chief Economist at Kotak Mahindra Bank, said the Monetary Policy Committee (MPC) delivered outcomes “completely in line with expectations across rates and stance.” Bhardwaj noted that the inflation outlook for the first half of FY27 has been revised marginally upward, reflecting emerging pressures in the macroeconomic environment. She pointed out that uncertainty continues to surround growth and inflation projections as markets await the release of the…

10 Feb

Kotak Mahindra Bank becomes first custodian to enable fully digital FPI registration

Business BureauBusiness

Kotak Mahindra Bank has announced an industry-first milestone, becoming the first custodian in India to issue Foreign Portfolio Investor (FPI) licences and execute the entire account-opening process through electronic signatures, marking a major step in capital-market digitisation. The bank has already issued the first two FPI licences based on digitally signed documents, in alignment with SEBI’s digital-transformation agenda under the FPI regime. The initiative is aimed at simplifying and accelerating India market access by creating a digital-first custody and onboarding ecosystem. By eliminating wet signatures, the process reduces operational risks and delivers a seamless client experience while strengthening India’s position…

09 Feb

Guwahati Welcomes Nemichand Bamalwa Jewellers with Open Arms

Business BureauBusiness

Jewellery buyers in Guwahati and across the Northeast will now have direct access to premium collections as Nemichand Bamalwa Jewellers (NCB) launches its flagship showroom at Ganeshguri, GS Road. The nearly 40-year-old jewellery brand unveiled the store in the presence of noted personality Nishita Goswami, with the showroom set to open to customers on February 7, 2026. The new outlet offers a wide range of wedding, bridal and party wear jewellery, featuring designs crafted in natural diamonds, gold, jadau and polki, aimed at customers seeking high-quality jewellery for special occasions as well as long-term family heirlooms. The brand is known…