Business News Northeast - Latest Business Northeast News & Updates

04 May

Kolkata turns to Mangoes, Dahi and Ice Cream as Instamart maps summer buying trends

Business BureauBusiness

Kolkata is balancing hydration and indulgence this summer, with shoppers filling their online carts with mangoes, coconut water, yogurt and ice cream, according to the latest Summer Trends 2026 report released by Instamart. The report, released on April 29, showed Kolkata emerging as a strong summer consumption market, with the city’s highest-value summer basket crossing ₹10,600. The top orders included coconut water, mangoes, yogurt and ice cream, reflecting growing demand for cooling foods and beverages amid rising temperatures. Across India, the report highlighted sharp changes in summer shopping behaviour on quick commerce platforms. Products linked to hydration and cooling, including…

04 May

Dairy Major Milky Mist Ready for IPO Launch Following Strategic Primary and Secondary Share Sale

nanikaBusiness

The Indian dairy sector is witnessing a massive infusion of global capital. Milky Mist Dairy Food Ltd, a powerhouse in the value-added dairy segment, has successfully raised nearly ₹482 crore in a pre-IPO funding round. Backed by Singapore’s sovereign wealth fund Temasek, this move marks a significant milestone as the company prepares for its much-anticipated stock market debut. Milky Mist Dairy Food Ltd has officially announced the successful closure of its pre-IPO funding round, anchored by Jongsong Investments Pte. Ltd., a subsidiary of the global investment giant Temasek Holdings. The total fundraise of approximately ₹482 crore is a strategic blend…

04 May

AM/NS India inaugurates advanced automotive steel line at Hazira plant

Business BureauBusiness

ArcelorMittal Nippon Steel India (AM/NS India) has inaugurated its advanced Pickling Line and Tandem Cold Mill (PLTCM) at the company’s flagship Hazira plant in Gujarat, marking a major push towards India’s self-reliance in high-end automotive steel production. The state-of-the-art facility was inaugurated by Keiichi Ono, Ambassador of Japan to India. With a production capacity of 2 million tonnes per annum, the new line will manufacture high-quality cold-rolled base steel for advanced automotive applications, including Advanced High Strength Steel (AHSS), Galvannealed (GA), Galvanised (GI), and Press Hardened Steel (PHS). AM/NS India said the facility would help reduce import dependence and support…

02 May

Tata Motors hits record with 144 patent filings in FY26, boosts future mobility innovation

Business BureauBusiness

Tata Motors Ltd. has achieved a major innovation milestone in FY26 after filing a record 144 patent applications, the highest annual patent filings by the company’s commercial vehicle business in a single financial year. The Mumbai-headquartered automaker said the filings underline its growing focus on advanced mobility solutions, vehicle safety, reliability, and cost-efficient transportation technologies. The company said the patent applications are aligned with its long-term strategy to develop future-ready commercial mobility solutions, including electric vehicles and hydrogen-powered internal combustion engine technologies. During FY26, Tata Motors also filed 21 design applications and 35 copyright applications, while securing 15 patent grants.…

02 May

ArcelorMittal Nippon Steel India Appoints Nobuo Okochi as Chief Financial Officer

Business BureauBusiness

ArcelorMittal Nippon Steel India (AM/NS India) today announced the appointment of Nobuo Okochi as Chief Financial Officer (CFO) of the company, with effect from July 1, 2026. This appointment follows the recent announcement of Amit Harlalka, the current CFO, being elevated as Chief Executive Officer (CEO) of ArcelorMittal Nippon Steel India, effective July 1, 2026. Together, these leadership transitions reinforce continuity and stability in the company’s senior management team as ArcelorMittal Nippon Steel India accelerates its growth journey. As the CFO, Mr Okochi will be responsible for overseeing ArcelorMittal Nippon Steel India’s finance, strategy, financial planning, capital allocation, and governance…

02 May

Gokula Education Foundation Unveils RISM University to Build Talent for AI, Aerospace Sectors

Business BureauBusiness

The Gokula Education Foundation (Medical) on Tuesday announced the launch of the Ramaiah Institute of Science and Management (RISM), a new deemed-to-be university focused on artificial intelligence, aerospace engineering and industry-driven management education in collaboration with the University at Albany. The university, set to begin its first academic session in August 2026, aims to deliver globally benchmarked and industry-aligned education through undergraduate, postgraduate and doctoral programmes across engineering, business and science disciplines. Initial academic offerings will include B.Tech programmes in Computer Science and Artificial Intelligence, Aerospace Engineering and Electrical Sciences, along with BBA and MBA courses. The institution said its…

02 May

Rising operational costs: How the rise in commercial LPG prices is putting pressure on Indian businesses

anuprovaBusiness

The recent rise in Commercial Liquefied Petroleum Gas (LPG) prices has had a big effect on the Indian economy, putting a lot of financial strain on small and medium-sized businesses (SMEs). This price increase, which is mostly due to changes in international energy benchmarks and problems in the supply chain, has a direct effect on the hospitality, catering, and manufacturing industries. The higher price of 19-kg commercial cylinders is making it hard for restaurant and small eatery owners to choose between eating the loss or passing it on to customers. This inflationary pressure is especially bad for the "street food"…

30 Apr

Visakhapatnam’s IT Revolution: Infosys, Google, and TCS Lead Massive Investment Wave

nanikaBusiness

The port city of Visakhapatnam is rapidly cementing its status as India’s newest premier technology hub. In a major boost to the state’s digital economy, IT giant Infosys has announced plans to establish a permanent 20-acre campus in the city. The new facility is designed to accommodate 7,000 employees, signaling a massive leap in the company’s local operations. This expansion follows a period of exponential growth for Infosys in the region. Since early 2024, the company has scaled its workforce from a modest 250 to nearly 1,900 professionals. With the state government confirming the allotment of land, this permanent campus…

30 Apr

Cleartrip launches train ticket bookings in partnership with IRCTC, strengthens multi-modal platform

Business BureauBusiness

Online travel platform Cleartrip, a part of Flipkart, has entered the train ticket booking segment through a partnership with Indian Railway Catering and Tourism Corporation (IRCTC), the official ticketing arm of Indian Railways. With the launch, Cleartrip has expanded its travel services portfolio to include flights, hotels, trains, buses and holiday packages, strengthening its position as a multi-modal travel platform. The company said users will now be able to search, book and manage train journeys directly through the app. The platform will offer access to train bookings across India, including General and Tatkal quotas as per Ministry of Railways guidelines.…

30 Apr

India’s M&A Momentum Holds Strong in 2026 as Innovative Risk Mitigation and Insurance Strategies Boost Deal Confidence

Business BureauBusiness

India continues to emerge as a standout destination for mergers and acquisitions (M&A) in 2026, offering investors a rare combination of growth potential and increasingly predictable risk dynamics. According to Vikas Pareek, Head of Transaction Solutions, India at Aon, the country’s dealmaking landscape is being shaped not by the absence of risk, but by the market’s improved ability to understand, quantify and manage it. At a time when global M&A activity remains uneven, India is being priced differently compared to other emerging markets. Political continuity, regulatory consistency and a rules-based approach to foreign investment have contributed to greater investor confidence and…