Business News Northeast - Latest Business Northeast News & Updates

21 Mar

Amazon’s New Phone Project Aims to Challenge Apple, Samsung

nanikaBusiness

More than a decade after the failure of its Fire Phone, Amazon is reportedly working on a new smartphone project, signaling a renewed push into the competitive mobile market.The initiative, internally codenamed “Transformer,” is being developed within Amazon’s devices and services division. The upcoming device is expected to focus heavily on artificial intelligence and personalization, aiming to integrate seamlessly with the company’s voice assistant, Alexa.Amazon’s earlier attempt—the Fire Phone launched in 2014 under founder Jeff Bezos—failed to gain traction and was discontinued within 14 months. The device struggled due to limited app availability, high pricing, and underwhelming features compared to…

20 Mar

Delay Concerns Rise in Thyssenkrupp’s Steel Sale to Jindal

nanikaBusiness

Negotiations between Thyssenkrupp AG and Jindal Steel International over the potential sale of the German firm’s steel division are showing little progress, raising concerns among labor representatives and stakeholders.Juergen Kerner, deputy chairman of Thyssenkrupp’s supervisory board and a senior official at IG Metall, said discussions have been repeatedly delayed despite earlier assurances. He noted that worker representatives had submitted a detailed questionnaire to Jindal, which has been conducting due diligence on Thyssenkrupp Steel Europe (TKSE) since October, but responses have yet to materialize.The lack of clarity has left employees uncertain about the future of TKSE, Europe’s second-largest steelmaker and a…

20 Mar

East India tops retirement readiness index, scores above national average: Axis Max Life IRIS 5.0

Business BureauBusiness

Axis Max Life Insurance Ltd., formerly Max Life Insurance Company Ltd., has released the East Zone findings of the fifth edition of its India Retirement Index Study (IRIS 5.0), conducted with Kantar. The report shows East India leading the country in retirement preparedness with a score of 52, well above the national average of 48. The study highlights strong financial and health preparedness in the region. The Financial Preparedness Index remains steady at 52, reflecting disciplined savings and early planning, while the Health Preparedness Index has improved from 46 to 49. However, the Emotional Preparedness Index has dipped slightly to…

20 Mar

Turkish Airlines expands UK presence with London Stansted launch, boosts global connectivity

Business BureauBusiness

Turkish Airlines has expanded its footprint in the United Kingdom by adding London Stansted Airport as its third gateway in the capital, after London Heathrow and London Gatwick. The new service, operated with 15 weekly flights, strengthens the airline’s presence in one of its key strategic markets. With this addition, the airline now serves six destinations in the UK — London Heathrow, London Gatwick, Birmingham, Manchester, Edinburgh, and London Stansted. Combined with Dublin, Turkish Airlines’ total weekly frequencies across the UK and Ireland will reach 168 during the summer schedule. The move further enhances connectivity to its global network spanning…

19 Mar

BHIM App names MS Dhoni as brand ambassador to boost digital payments push

Business BureauBusiness

NPCI BHIM Services Limited (NBSL) on Tuesday announced the appointment of former Indian cricket captain Mahendra Singh Dhoni as the brand ambassador for the BHIM Payments App, marking a strategic move to strengthen user trust and expand its digital payments footprint. The association comes as BHIM approaches a decade of operations and aims to scale up adoption with a focus on inclusion and long-term user confidence. The company said the partnership aligns with the shared values of trust, consistency, and reliability, with Dhoni widely regarded for his composure and leadership, and BHIM known for its secure payments infrastructure built on…

18 Mar

India’s LPG Crisis Persists: Government Incentivizes Piped Natural Gas Transition with 10% Extra Commercial Allocation to States

anuprovaBusiness

The Indian government has officially acknowledged that the nationwide Liquefied Petroleum Gas (LPG) situation remains "worrisome" as global supply chains continue to reel from the ongoing West Asia conflict. During an inter-ministerial briefing held on March 18, 2026, Sujata Sharma, Joint Secretary at the Ministry of Petroleum and Natural Gas, noted that while online bookings have improved, long queues at distribution centers persist due to persistent logistics bottlenecks and panic-driven demand. To address this, the Centre has introduced a strategic incentive plan, offering an additional 10% allocation of commercial LPG to States and Union Territories that actively facilitate a long-term…

18 Mar

Coke Studio Bharat announces its Season 4 artist line-up: Four seasons strong

Business BureauBusiness

Coca-Cola India on Tuesday announced the artist line-up for Season 4 of Coke Studio Bharat, marking the return of the music platform that has gained prominence for blending regional traditions with contemporary sounds. The new season opens with ‘The List,’ featuring a diverse mix of artists including Rekha Bhardwaj, Aditya Rikhari, Kutle Khan, Faheem Abdullah, Arsalan Nizami, Madhur Sharma, Mohammad Faiz and Mame Khan, among others. After three seasons that reshaped India’s streaming music landscape, the platform aims to deepen its engagement with local musical traditions. Season 3 tracks such as Arz Kiya Hai and Holi Aayi Re had topped…

18 Mar

Hyatt expands India footprint with 140-key Ahmedabad signing, bets on high-growth urban markets

Business BureauBusiness

Hyatt Hotels Corporation (NYSE: H) has announced the signing of Hyatt Place Ahmedabad Nikol, reinforcing its expansion strategy across high-growth urban centres in India. The 140-key hotel, to be developed by Golden Buildcon, marks a significant addition to Hyatt’s Essentials portfolio and strengthens its presence in Ahmedabad, Gujarat’s administrative and commercial hub. The upcoming property will offer a mix of business and leisure amenities, including a main restaurant, grab-and-go market, and a 3,455-square-foot ballroom, alongside multiple conference rooms and a boardroom. Guests will also have access to a fitness centre and swimming pool, positioning the hotel as a preferred choice…

17 Mar

Tata Motors to raise commercial vehicle prices by up to 1.5% from April 2026

Business BureauBusiness

Tata Motors has announced a price increase of up to 1.5 per cent across its commercial vehicle portfolio, effective from April 1, 2026, as the company moves to partially offset the impact of rising commodity prices and other input costs. The company stated that the extent of the price hike will vary depending on the model and variant. Part of the USD 180 billion Tata Group, Tata Motors Ltd. is India’s largest manufacturer of commercial vehicles and a globally recognised producer of utility vehicles, pick-ups, trucks and buses. With more than eight decades of leadership in commercial mobility, the company…

17 Mar

Yezdi Roadster wins car&bike ‘Bike Design of the Year’; classic motorcycle earns top design honour

Business BureauBusiness

The Yezdi Roadster from Jawa Yezdi Motorcycles has won the prestigious “Bike Design of the Year” award at the car&bike Awards, recognising its bold and defiant design philosophy. The motorcycle, described as ‘Born Out of Line’, continues to gain accolades after earlier being named the “Best 350cc Motorcycle” at the Zee Media Auto Awards this year. The award was received by Boman Irani, Co-founder of Classic Legends, from renowned automotive designer Thomas Dal, Dean of Strate School of Design India. The recognition highlights the Roadster’s reinterpretation of the classic roadster format with a planted silhouette, muscular proportions and modular design…