Business News Northeast - Latest Business Northeast News & Updates

19 Mar

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

Priyanka RoyBusiness, 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

Priyanka RoyBusiness, 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…

17 Mar

Regulatory reforms key to India’s tobacco industry growth: PMI’s Frederic De Wilde

Business BureauBusiness

India’s tobacco industry, with 300 million users, stands at a critical juncture where regulatory modernization could drive economic growth and public health benefits. Speaking at the Times Group ET NOW Global Business Summit 2025, Frederic De Wilde, President SSEA, CIS & MEA Region at Philip Morris International (PMI), highlighted the need for science-backed policies to introduce less harmful alternatives. De Wilde emphasized that regulatory clarity has accelerated economic transformation in sectors like renewable energy and digital finance. He pointed to Japan, where alternative products reduced cigarette sales by 50%, and Sweden, which boasts Europe’s lowest smoking rate and lung cancer…

17 Mar

Singapore’s February exports inflation 7.6% on year, below forecast

Priyanka RoyBusiness, News

SINGAPORE - Singapore's non-oil domestic exports rose 7.6% in February from the same month last year, government data showed on Monday, boosted by growth in sales of both electronics and non-electronics. The increase was against a Reuters poll forecast of an 8.7% rise and followed a 2.1% decline in January.The statement from Enterprise Singapore did not include details of the month-on-month seasonally adjusted change in exports. Shipments to the United States, Taiwan, South Korea, Malaysia and the European Union rose on a yearly basis in February, while exports to China, Hong Kong and Indonesia declined.

13 Mar

HCG Cancer Centre Kolkata hosts ‘Pink Feast Challenge’ to promote gender equality and women’s health

Business BureauBusiness

HCG Cancer Centre Kolkata, in collaboration with Sister Nivedita University, organized the “Pink Feast Challenge” to mark International Women’s Day, emphasizing gender equality and proactive women’s healthcare. The event, held under the theme #AccelerateAction, encouraged male participants to prepare pink-themed dishes for female cancer survivors, reinforcing shared responsibilities in everyday life. The competition featured 25 female cancer survivors and over 500 attendees, with participants competing in three categories—Mocktail Drinks, Salad, and Bakery Preparation. A distinguished jury, including Dr. Amarjeet Singh, COO of HCG Cancer Centre Kolkata, and senior officials from Sister Nivedita University, judged the event. Dr. Singh underscored the…

13 Mar

Adobe shares plunge 5% in extended trading on sluggish revenue outlook and focus on AI tools

Priyanka RoyBusiness, News

Adobe Inc. gave a disappointing forecast for revenue growth in the current quarter despite a recent focus on monetizing its new generative artificial intelligence features. Sales in the period ending in May will be $5.77 billion to $5.82 billion, the company said in a statement Wednesday. Analysts, on average, projected $5.8 billion. Excluding certain items, profit will be $4.95 per share to $5 per share, while the average projection is $5. Adobe, a top maker of software for creative professionals, is incorporating its AI model, Firefly, into apps such as Photoshop and Premiere. Investors have debated whether generative AI will…

12 Mar

India’s silver ETF AUMs inflation 266% to ₹13,500 crore in 2025

Priyanka RoyBusiness, News

Silver exchange traded funds have seen a massive surge in assets under management in less than three years, crossing the ₹13,500 crore mark in January 2025. SEBI allowed asset management companies to launch silver ETFs in November 2021. Since then, silver ETFs have seen massive growth. In January 2022, AUMs were Rs 123 crore and by January 2023 they grew to Rs 1651 crore. Silver ETF AUMs have seen the fastest growth in 2024, growing from Rs 3705 crore in January 2024 to Rs 13,566 crore by January 2025 - a 266 percent increase. According to data from Zerodha Fund…

11 Mar

Toyota Kirloskar Motor launches Hilux Black Edition in India

Business BureauBusiness

Toyota Kirloskar Motor (TKM) has introduced the Hilux Black Edition in India, offering a bold and rugged appeal combined with advanced safety and premium features. Priced at ₹37,90,000 (ex-showroom), the Hilux Black Edition is designed for both off-road adventures and urban commuting. Powered by a 2.8L four-cylinder turbo-diesel engine with a 6-speed automatic transmission, the Hilux Black Edition delivers 500 Nm torque and 4X4 drivetrain capability. It features an all-black exterior, including a black front radiator grille, 18-inch black alloy wheels, black ORVM covers, door handles, and fender garnish, enhancing its aggressive look. The interior offers premium leather upholstery, an…

11 Mar

Deloitte India’s Enterprise Growth Awards 2025 wins by ten West Bengal-based companies

Business BureauBusiness

Ten West Bengal-based companies—Titagarh Rail Systems Limited, Vikram Solar Limited, Orient Paper and Industries Limited, Texmaco Rail & Engineering Limited, McNROE Consumer Products Private Limited, Paharpur Cooling Towers Limited, West Coast Paper Mills Limited, Electrosteel Castings Limited, Tega Industries Limited, and Vedant Fashions Limited emerged as winners in the first edition of the Enterprise Growth Awards (EGA) 2025, hosted by Deloitte India. Enterprise Growth Awards is a unique programme dedicated to celebrating businesses that have transformed local ambitions into national success stories. The winners were announced on 6 March 2025 in Chennai. More than 500 companies from across the country,…