Business News Northeast - Latest Business Northeast News & Updates

07 Jun

Tier-2 and Tier-3 Cities Drive India’s Next Wave of Electric Scooter Adoption

anuprovaBusiness

India’s electric two-wheeler market has reached a critical tipping point as the momentum for electric scooter adoption shifts from major metropolitan hubs to Tier-2, Tier-3, and rural markets. While early sales were heavily concentrated in tech-heavy mega-cities like Bengaluru, Pune, and Delhi, recent retail registration data reveals that non-metropolitan towns now account for the lion's share of new electric vehicle (EV) sales. This geographic expansion signals that electric mobility is no longer just an urban lifestyle statement, but a pragmatic, mass-market transport solution for millions of suburban and rural commuters across the country. The primary catalyst for this widespread rural…

06 Jun

Maruti’s New Recurring Deposit Scheme Solves Down Payment Woes for Car Buyers

nanikaBusiness

Maruti Suzuki India Limited has launched a unique financing initiative called "Suhana Safar." Rolled out in collaboration with AU Small Finance Bank, the scheme directly targets aspiring car owners who struggle to arrange a lump-sum down payment or worry about managing future monthly installments. It applies specifically to four of Maruti's popular small-car models: the Alto K10, S-Presso, Celerio, and Wagon R. Under this innovative framework, a customer first opens a recurring deposit account with the bank, saving a fixed amount every month for a period of three to six months. This monthly deposit is strategically pegged at roughly 80…

06 Jun

Daily meal outreach emerges as a model for social impact investment

Business BureauBusiness

As corporate India increasingly focuses on measurable social outcomes, Malabar Group's Hunger Free World initiative is demonstrating how targeted investments in hunger relief can generate broader economic and social benefits through rehabilitation, healthcare access and community reintegration. Marking World Hunger Day, the group released its report, "Impact Stories: How a Daily Meal Opens the Door to a Transformed Life", highlighting the growing role of sustained outreach programmes in addressing multidimensional poverty. Implemented by Thanal, the Street Meal Distribution Programme has evolved from a food assistance initiative into a platform for identifying vulnerable individuals and connecting them with long-term support systems.…

06 Jun

Three Lakh Smartphones Sold in May by AI+

PreetiBusiness

In the past month of May, more than 3 lakh (300,000) smartphones of the AI+ brand were sold. Through these sales, the company has generated revenue of over 350 crore rupees. It is worth noting that within less than a year of entering the Indian smartphone market, AI+ smartphones have been recognized as one of the fastest-growing smartphone brands in the country.In this regard, Madhav Sheth, CEO of AI+ Smartphones, stated, "Selling three lakh units and earning a revenue of over 350 crore rupees in a single month is not just a major business milestone for us, it is a…

06 Jun

Motorola launches edge 70 pro+ with quad 50MP camera system, AI features at Rs 44,999

Business BureauBusiness

Motorola on Thursday launched the motorola edge 70 pro+, its latest flagship smartphone, featuring a quad 50MP pro-grade camera system, AI-powered performance, premium design finishes and a starting launch price of Rs 44,999. The smartphone is equipped with a 50MP Sony LYTIA 710 primary camera, a 50MP 3.5x periscope telephoto lens with 50x Super Zoom Pro, a 50MP ultra-wide and macro vision camera, and a 50MP autofocus selfie camera. The device also supports 4K 60FPS video recording across all cameras and includes AI-powered imaging features through motoAI. Motorola said the edge 70 pro+ introduces its new “Collections by Motorola” design…

05 Jun

ABD Maestro enters Odisha with premium spirits portfolio

Business BureauBusiness

ABD Maestro Pvt. Ltd., the super-premium and luxury spirits arm of Allied Blenders & Distillers Limited (ABD), has expanded its footprint in eastern India with the launch of its premium spirits portfolio in Odisha. The company introduced AODH Irish Whiskey, WOODBURNS Contemporary Indian Malt Whisky, YELLO Designer Whisky and RANGEELA Contemporary Indian Vodka at an event in Bhubaneswar on Tuesday. The launch marks a significant milestone in ABD Maestro’s strategic expansion plans as it seeks to strengthen its presence in high-growth markets and cater to evolving consumer preferences in the premium and luxury spirits segment. ABD Maestro, which has Bollywood…

05 Jun

Diesel and Tinder launch Pride campaign celebrating love without labels

Business BureauBusiness

Fashion brand Diesel and dating platform Tinder have joined hands to launch “For Successful Loving”, a global campaign and capsule collection aimed at celebrating love, inclusivity and self-expression ahead of Pride 2026. The collaboration reimagines Diesel’s iconic “For Successful Living” manifesto through Tinder’s focus on attraction, intimacy and connection. The campaign features documentary-style interviews led by American artist and model Gigi Goode, who engages members of the LGBTQIA+ community in candid conversations about relationships, identity and personal experiences. Shot in a lo-fi VHS-style format, the campaign seeks to present diverse perspectives on love in an authentic and judgement-free manner. The…

05 Jun

Cognizant launches Ace Team program to build next generation of AI engineers

Business BureauBusiness

Cognizant has announced the launch of its Ace Team Program, a strategic initiative aimed at developing a new cohort of AI-ready engineers to drive digital transformation projects and support the company's transition into an AI builder organization. The program combines a selective hiring process, an elite talent development pathway and a centrally governed engineering community aligned with Cognizant’s advanced capability strategy. It is designed to create a pool of high-potential engineers who will work on real-world client challenges using AI-native tools, modern architectures and outcome-driven approaches. According to Cognizant, Ace Team members will be deployed in focused, high-impact teams and…

05 Jun

Offshore betting tops ASCI’s violative sectors list in 2025-26 report

Business BureauBusiness

Offshore betting and real estate emerged as the most violative sectors in India’s advertising landscape during 2025-26, according to the Annual Complaints Report released by the Advertising Standards Council of India (ASCI) on Wednesday. ASCI said it reviewed 11,581 cases during the financial year, marking a 21 per cent rise over the previous year. The cases involved 9,841 advertisements, up 37 per cent year-on-year, with 98 per cent of the scrutinised advertisements requiring modifications. Offshore betting alone accounted for 6,933 violations, followed by realty with 643 cases, personal care with 576, food and beverages with 331, and products violating the…

05 Jun

SME exporters upbeat despite rising global risks: SPJIMR report

Business BureauBusiness

Indian SME family businesses engaged in exports remain optimistic about growth prospects despite facing a worsening global and domestic risk environment, according to a new report released by the Centre for Family Business & Entrepreneurship (CFBE) at Bharatiya Vidya Bhavan’s S.P. Jain Institute of Management and Research (SPJIMR), Mumbai. The Indian SME Family Business Trade Confidence and Internationalisation Report, prepared in partnership with Hansa Research, surveyed 461 owner-managers, directors, CEOs and senior leaders from SME family businesses involved in international trade across 14 Indian cities. The respondents represented sectors ranging from manufacturing to trading, with firms averaging 16.4 years of…