Business News Northeast - Latest Business Northeast News & Updates

22 Jul

Bandhan Bank reports 11% business growth in Q1, net profit at Rs 502 crore

Business BureauBusiness

Bandhan Bank on Tuesday reported an over 11 per cent year-on-year growth in its total business for the first quarter of FY2026-27, with the figure crossing Rs 3.2 lakh crore, supported by steady expansion in advances and deposits. The private sector lender posted a net profit of Rs 502 crore during the quarter. The bank's total loan book rose 16 per cent year-on-year to Rs 1.56 lakh crore, while total deposits increased 7 per cent to Rs 1.65 lakh crore. Retail deposits accounted for nearly 74 per cent of total deposits, while the Current Account and Savings Account (CASA) ratio…

22 Jul

EuroKids launches early learning programme for toddlers aged 18-24 months

Business BureauBusiness

EuroKids Preschool has launched Junior PlayGroup, a structured early learning programme designed for children aged 18-24 months, aiming to bridge the gap before formal preschool education begins. The programme, introduced across more than 2,000 EuroKidscentres nationwide, is targeted at supporting developmental milestones during the early years through a research-based curriculum.The 30-week programme features 450 learning experiences, including 150 curated activities, with each 90-minute session focusing on sensory exploration, movement, storytelling, communication, practical life skills and creative engagement. The curriculum is built around four developmental pillars—routine and regulation, communication, brain development, and exploration and curiosity. According to EuroKids, the programme is…

21 Jul

Finance Ministry Sets FCNR(B) Deposit Mobilization Targets for Public Sector Banks to Stabilize Rupee

anuprovaBusiness

In a decisive move to bolster foreign exchange inflows and support the domestic currency, the Finance Ministry has assigned specific Foreign Currency Non-Resident (Bank)—or FCNR(B)—deposit mobilization targets to India's public sector banks. The directive urges state-owned lenders to aggressively tap non-resident Indian (NRI) communities across major financial hubs to secure stable, long-term foreign currency deposits. The policy push comes amid heightened global currency volatility, rising crude oil import costs, and persistent foreign institutional portfolio outflows, which have collectively placed downward pressure on the Indian rupee. By systematically channeling foreign currency directly into the banking framework, the government aims to rebuild…

21 Jul

Royal Enfield refreshes Classic 350 with feature upgrades to boost premium motorcycle portfolio

Business BureauBusiness

Royal Enfield has strengthened its premium motorcycle portfolio with the launch of the 2026 Classic 350, introducing new rider-focused comfort and convenience features aimed at enhancing the ownership experience while preserving the model's iconic appeal. The latest update brings an Assist and Slipper Clutch to all dual-channel variants of the Classic 350, reducing clutch effort for easier operation during urban commuting and long-distance touring. The system also enables smoother upshifts and downshifts, improving ride quality and rider confidence across diverse road conditions. Further expanding the motorcycle's practicality, Royal Enfield has equipped the 2026 Classic 350 with a USB Type-C fast…

21 Jul

Ultraviolette launches cashbackprogramme to boost electric two-wheeler adoption

Business BureauBusiness

Electric vehicle manufacturer Ultraviolette on Wednesday announced the launch of its 'Kill the Petrol Bill' programme, a nationwide customer initiative aimed at encouraging the adoption of electric two-wheelers by offsetting the rising cost of petrol. Under the programme, customers purchasing the company's F77 or X-47 electric motorcycles will be eligible for cashback based on the kilometres covered by their existing petrol-powered two-wheelers over the past two years. The company said riders can receive benefits of up to ₹30,000, with ₹1 cashback for every kilometre ridden. For instance, a customer who has travelled 20,000 km during the period will qualify for…

21 Jul

Kargil Vijay Diwas ride boosts Jawa, Yezdi brand outreach ahead of festive demand

Business BureauBusiness

Classic Legends is leveraging patriotism and experiential marketing to strengthen the market presence of its Jawa and Yezdi motorcycle brands with the launch of the Shaurya Vijay Yatra 2026, a 1,900-km expedition flagged off by Defence Minister Rajnath Singh from the National War Memorial in New Delhi. Organised to commemorate Kargil Vijay Diwas, the 13-day ride features 28 participants, including serving and retired defence personnel and family members of Kargil martyrs, travelling to the Kargil War Memorial in Dras, Ladakh, under the theme "One Ride, One Nation, One Salute." The expedition will pass through the Chandimandir, Rezang La and Leh…

21 Jul

International Jawa-Yezdi Day strengthens Classic Legends’ community-led brand strategy

Business BureauBusiness

Classic Legends-backed International Jawa-Yezdi Day (IJYD) marked its 24th edition on July 12, reinforcing the company's community-driven approach to building its iconic motorcycle brands. The annual celebration brought together more than 7,500 riders across over 150 cities in India and connected over 40 enthusiast communities, while extending its footprint to 11 countries through rides, community events and digital participation. Observed on the second Sunday of July every year, IJYD has evolved from a grassroots initiative by Jawa and Yezdi owners into a global rider-led movement. This year's edition saw vintage Jawa and Yezdi motorcycles sharing the roads with the latest…

21 Jul

Cognizant bets on AI talent with plan to build 15,000 Frontier-certified professionals

Business BureauBusiness

Cognizant has unveiled an ambitious workforce expansion strategy aimed at strengthening its artificial intelligence capabilities, announcing plans to scale its Frontier talent pool to 5,000 Frontier Certified Engineers and 10,000 Frontier Business Operators. The Nasdaq-listed technology services company said the first deployment-ready, Frontier-certified cohort will be available by the fourth quarter of 2026, backed by investments in training, certification and direct hiring of AI-native talent from universities worldwide. The company said the initiative addresses what it estimates is a $4.5 trillion gap between AI's technological potential and the business value enterprises are currently realising. Cognizant's Frontier workforce model combines AI…

21 Jul

Nissan launches all-new TEKTON C-SUV in India, strengthening premium SUV portfolio

Business BureauBusiness

Nissan Motor India Private Limited (NMIPL) has unveiled the all-new Nissan TEKTON, marking its global premiere in India as the company's flagship premium C-SUV and a key milestone in its resurgence strategy. The new model is priced from Rs 10.49 lakh for the T160 Manual Transmission range and Rs 14.99 lakh for the T280 Manual Transmission and T280 DCT variants.Inspired by the legendary Nissan Patrol, the TEKTON combines bold SUV styling with premium interiors, advanced technology, turbocharged performance and comprehensive safety features. Manufactured at Nissan's Chennai plant under the "One Car, One World" philosophy, the C-SUV will cater to the…

21 Jul

Tata AIA retains top India MDRT ranking for fourth straight year

Business BureauBusiness

Tata AIA Life Insurance Company has retained its position as India's top-ranked insurer in the Million Dollar Round Table (MDRT) rankings for the fourth consecutive year, while securing the 13th position globally with 1,397 MDRT-qualified advisors. Nearly half of the qualifiers, 695 advisors, are women, reflecting the company's emphasis on building an inclusive and professionally trained agency network. The latest rankings highlight Tata AIA's continued focus on developing full-time financial advisors who provide guidance on insurance protection, retirement planning, wealth creation and long-term financial security. The company also ranked first in India in the category of advisors with five to…