Business News Northeast - Latest Business Northeast News & Updates

14 May

Cipla Sees Strategic Product Pipeline Driving FY27 Recovery Despite Soft U.S. Earnings

anuprovaBusiness

Indian pharma major Cipla is looking at a high-risk recovery plan for FY27, after a tough fourth quarter, that saw its consolidated net profit plummet 54.6% to ₹5.55 billion. The decline in earnings was primarily driven by a 26% year-on-year decline in North America revenues to ₹14.14 billion, as the company faced intense generic competition and a lack of high-margin assets. Performance was further hit by a ₹420 million impairment charge and a suspension of sales of key cancer drug Lanreotide due to regulatory issues at a partner facility. These setbacks notwithstanding, the company continued to see the domestic market…

14 May

Tata Motors drives record FY26 growth, CV business posts sharp rise in revenue and profit

Business BureauBusiness

Tata Motors reported record financial results for Q4 and the full financial year FY26, driven by strong commercial vehicle demand, higher exports, improved realizations and disciplined cost management. The company’s standalone commercial vehicle revenue for Q4 FY26 rose 22 per cent year-on-year to ₹24,452 crore, while EBITDA increased 35 per cent to ₹3,400 crore with margins improving to 13.9 per cent. Profit before tax surged 58 per cent to ₹2,972 crore, while quarterly profit after tax climbed 70 per cent to ₹2,400 crore. For the full year FY26, standalone revenue stood at ₹77,399 crore, up 11 per cent, while EBITDA…

14 May

AI could inject $500 billion into Indian economy by 2030, says IBM-IndiaAI report

Business BureauBusiness

Artificial Intelligence (AI) is expected to become a major growth engine for India’s economy, with a new joint study by the IBM Institute for Business Value and IndiaAI projecting that AI could contribute more than $500 billion to India’s economy by 2030. The report, titled “From Promise to Power: How AI is Redefining India’s Economic Future,” said 80 per cent of Indian business leaders believe AI investments will directly shape the nation’s GDP growth, while 73 per cent expect India to emerge as a leading global AI nation by the end of the decade. However, 72 per cent of organizations…

14 May

P&G Health, IMA launch India’s first patient recovery guidelines in Tripura

Business BureauBusiness

P&G Health, in collaboration with the Indian Medical Association (IMA), has launched India’s first patient recovery guidelines for doctors titled “Clinical Application of Micronutrients in Recovery” at an event in Agartala. The evidence-based guidebook focuses on the role of micronutrients, particularly B-complex vitamins, in improving recovery outcomes among patients suffering from acute illnesses, chronic diseases, surgical conditions and paediatric health issues. Developed and reviewed by a multidisciplinary panel of medical experts, the guidelines aim to standardise recovery protocols across the country. The document explains how micronutrients support inflammation control, tissue repair, immune response and oxidative stress management during recovery. It…

13 May

Berger Paints Hits 3-Month High on Strong Q4 Performance; Sector Rallies

anuprovaBusiness

Berger Paints has been in the limelight, hitting a three-month high after delivering robust numbers in the fourth quarter. The key catalyst was the company’s solid performance, with healthy margins and volume growth, which drove sentiment and sparked a positive rally across the paint sector. The upward momentum reflects underlying confidence in the company’s ability to navigate the current economic conditions, while maintaining profitability despite the volatile input costs. The good performance of Berger Paints has had a considerable “rub-off” effect, creating optimism among its peers in the decorative and industrial coatings industry. Asian Paints and other major market players…

13 May

Tinder bets on astrology-led matchmaking as intentional dating trend grows in India

Business BureauBusiness

Tinder has rolled out its new “Astrology Mode” in India as the dating platform seeks to tap into the growing preference among young singles for more intentional and personality-driven connections. The launch comes amid changing dating behaviour highlighted in Tinder’s Year in Swipe 2025 report, which found that 64 per cent of young users believe emotional honesty is the most important aspect in modern dating, while 73 per cent said they recognise genuine interest when they can freely be themselves. The feature allows users to unlock their astrological “Big 3” — Sun, Moon and Rising signs — by entering their…

13 May

Rising demand for speciality healthcare drives Manipal Hospitals’ Northeast expansion push in Agartala

Business BureauBusiness

Growing demand for advanced healthcare services in Northeast India has prompted Manipal Hospital Mukundapur to strengthen its regional outreach through ‘Anveshana – Medical Education for Media’, organised in Agartala on Tuesday. The initiative focused on increasing awareness about neurological and spine-related disorders while highlighting the business potential of specialised healthcare services in emerging Northeast markets. The programme brought together senior doctors including Dr. Sukalyan Purkayastha, Director and Senior Consultant, Neurointerventional and Endovascular Surgery, Manipal Hospitals East Region, and Dr. Anindya Basu, Senior Consultant and Clinical Lead – Spine Surgery at Manipal Hospital Mukundapur, along with members of the media fraternity.…

12 May

Bajaj Electricals Eyes Major Growth Pivot Starting FY27

nanikaBusiness

The company’s journey is a testament to Indian industrial resilience. What began in 1938 as the acquisition of "Radio Lamp Works" by Kamalnayan Bajaj has evolved from a single-product distributor into a ₹5,000 crore market leader. Originally focused on distributing Italian-made radio lamps, the company was forced to pivot during World War II. Supply disruptions during the war led to the establishment of a local manufacturing facility in Shikohabad, eventually rebranding as Bajaj Electricals in 1960. Today, the company operates across a diverse range of categories, but the focus is firmly on the future. Despite being a household name for…

12 May

Mizoram man undergoes successful robotic surgery for prostate cancer at Manipal Hospital Kolkata

Business BureauBusiness

A 56-year-old businessman from Mizoram has successfully recovered from prostate cancer after undergoing advanced robotic-assisted surgery at Manipal Hospitals EM Bypass in Kolkata, hospital officials said on Monday. Mr. H. Zohmingthanga from Aizawl had visited the hospital for a detailed medical evaluation following ongoing health concerns and treatment for diabetes. During routine investigations, doctors detected unusually high PSA levels. An MRI later revealed a suspicious lesion in the prostate, while a biopsy conducted in June 2025 confirmed prostate cancer. As the cancer was identified at a localized and treatable stage, the medical team advised robotic radical prostatectomy, a minimally invasive…

12 May

Geopolitical Storms Shake Equities, India’s Weight in Global Markets Falls Below 3%

anuprovaBusiness

The Indian share of global market capitalisation has dropped below the 3% mark for the first time in four years, a sobering milestone for the Indian equity market. The fall, a sharp fall from 2024 highs, comes as a “perfect storm” of global and domestic pressures has wiped out more than $533 billion in investor wealth since the start of 2026. The primary reasons for this slide are the continued increase in global crude oil prices (above $105 a barrel) and a weaker rupee, which touched a lifetime low of Rs 95.55 against the US dollar. The main reason for…