Business News Northeast - Latest Business Northeast News & Updates

15 Jan

IHG bets big on India!

Purbalee DuttaBusiness

InterContinental Hotels Group (IHG), which currently runs 50 hotels in India, is planning a major expansion in the country. The global hospitality major has outlined a medium-term goal of having 400 hotels either operational or under development within the next five years, while its long-term vision is to scale up to 1,000 properties nationwide. Speaking to CNBC-TV18, IHG CEO Elie Maalouf emphasised the vast untapped potential of India’s hotel market, noting that the country currently has fewer internationally branded hotel rooms than Manhattan alone. He said that although IHG has been present in India for five decades, the last ten…

15 Jan

High Levies Cloud 5G Investments, Telecom Sector Seeks Budget Intervention

PreetiBusiness

The telecom industry is lobbying the finance ministry for significant reductions in licence fees and a temporary suspension of compulsory contributions to the Digital Bharat Nidhi in the forthcoming Union Budget. They assert that the existing regulatory fees are hindering their ability to invest in next-generation networks. According to industry recommendations submitted in advance of the Budget, there is a request to reduce the licence fee from the current rate of 3% of adjusted gross revenue (AGR) to a range between 0.5% and 1%. Additionally, it is proposed that the 5% AGR contribution to the Digital Bharat Nidhi be temporarily…

15 Jan

Samsung announces the certification of 1,750 students in Uttar Pradesh under its flagship SIC programme

Business BureauBusiness

Samsung, India's largest consumer electronics brand, on the occasion of National Youth Day, has announced the certification of 1,750 students in Uttar Pradesh under its flagship Samsung Innovation Campus (SIC) programme, marking a significant milestone in the company’s youth-skilling efforts in the state. The certification ceremony was held at the City Group of Institutions in Lucknow, in the presence of Smt. Rajni Tiwari, Hon’ble Minister of Higher Education, Government of Uttar Pradesh, along with academic leaders and programme partners. With this cohort, the total number of students trained under Samsung Innovation Campus in Uttar Pradesh has reached 3,900, making it one…

14 Jan

Dysbiosis to Relief: Gut Bacteria’s Role in Conquering Inflammatory Bowel Disease

Business BureauBusiness

Dr. Vijaykumar C Bada, Sr. Consultant Surgical Gastroenterology, HPB, Bariatric & Robotic Sciences. Clinical Director, Yashoda Hospitals, Hyderabad, shares insights on Millions of people worldwide suffer from Inflammatory Bowel Disease (IBD), which includes Crohn's disease and ulcerative colitis. IBD causes chronic inflammation, tiredness, diarrhea, and abdominal pain. Dysbiosis, a microbial imbalance in the gut microbiome where dangerous bacteria outnumber helpful ones, is the fundamental cause of immunological overreactions and damage to the gut barrier. The gut is home to trillions of bacteria, viruses, and fungi that control immunity, preserve digestive health, and even affect mood through the gut-brain axis. Short-chain…

14 Jan

ASCI Academy launches e-learning course on ethical UI/UX amid crackdown on dark patterns

Business BureauBusiness

ASCI Academy, the training arm of the Advertising Standards Council of India, has launched a new e-learning course aimed at promoting ethical user interface and user experience (UI/UX) practices in the digital space. Titled Ethical UI/UX Designs: Building Consumer Trust, the course has been developed in collaboration with Hindustan Unilever Ltd (HUL). The course has been introduced at a time when regulatory scrutiny of so-called dark patterns ; deceptive digital design practices is increasing both in India and globally. These practices, which can include hidden charges, forced actions and misleading prompts, have drawn attention from authorities as well as consumer…

14 Jan

India’s Delivery Reality Check Sends Swiggy, Eternal Shares Higher

PreetiBusiness

Shares of Swiggy Ltd. and Eternal Ltd., which manage Instamart and Zomato and Blinkit respectively, experienced a recovery from their lowest points of the day after government intervention encouraged them to suspend their 10-minute delivery service for the benefit of gig workers. On Tuesday, Swiggy's stock price initially dropped by 1.08% but ended the day with a slight gain of 0.43%. In contrast, Eternal's shares rose significantly by 3.24%. The broader market saw the S&P BSE Sensex decrease by 0.30% during the same period. Labour Minister Mansukh Mandaviya held a meeting with representatives from quick-commerce firms to address concerns regarding…

14 Jan

A landmark milestone: V-Guard’s in-house manufactured induction cooktop becomes India’s first to earn 5-Star BEE rating

Business BureauBusiness

V-Guard Industries Limited has achieved a major milestone in the home appliances segment with its in-house manufactured induction cooktop model VIC06V1 becoming the first in India to receive a 5-star energy efficiency rating from the Bureau of Energy Efficiency (BEE). The recognition highlights V-Guard’s focus on indigenous design, energy-efficient innovation and manufacturing excellence. The VIC06V1 is designed and manufactured at the company’s Perundurai facility and has been engineered to deliver faster, cleaner and environment-friendly cooking while helping users reduce electricity consumption without compromising performance. The cooktop offers a maximum power output of 1600 W, eight power and temperature levels, and…

14 Jan

Kotak announces the appointment of Anup Kumar Saha as Whole-time Director, subject to regulatory approvals

Business BureauBusiness

Kotak Mahindra Bank has announced the appointment of Anup Kumar Saha as its Whole-time Director, subject to regulatory approvals. Until the approvals are received, Saha will serve as Whole-time Director (Designate) and join the bank’s senior management effective January 12, 2026. Saha most recently served as Managing Director at Bajaj Finance, where he spent over eight years playing a key role in transforming the lender into one of India’s most profitable non-banking financial companies. During his tenure, he led business transformation, digital innovation and customer-centric initiatives, helping expand the customer base to 100 million while diversifying the product portfolio. Prior…

13 Jan

Blenders Pride Fashion Tour 2025 boosts experiential luxury play across key Indian markets

Business BureauBusiness

The Blenders Pride Fashion Tour 2025 concluded its latest edition after delivering a series of immersive and high-impact fashion showcases across Gurugram, Jaipur and Kolkata, setting new benchmarks for experiential fashion in India. Conceptualised around the theme “Making Fashion Move”, the tour brought together technology, design innovation and cultural storytelling, positioning fashion as a dynamic, evolving form rather than a static showcase. The tour opened in Gurugram with “The Futureverse of Fashion”, where designers Falguni and Shane Peacock blended haute couture with advanced technology, including humanoid robots and holographic projections, featuring actors Shahid Kapoor and Tamannaah Bhatia. In Jaipur, “High…

13 Jan

Tata AIA AURA bets on entrepreneurial advisors to drive insurance growth

Business BureauBusiness

Tata AIA Life Insurance has launched Tata AIA AURA, a platform designed to transform life insurance advisory into a full-fledged entrepreneurial career, as the sector witnesses a growing influx of young professionals. The move comes at a time when India has over 31.5 lakh life insurance advisors, yet life insurance penetration stands at just 3.7% of GDP in FY24, indicating vast untapped potential. Tata AIA AURA seeks to empower advisors with digital tools, structured training, mentorship, and strategic guidance, enabling them to operate as independent business owners rather than transactional intermediaries. The initiative aligns with the national vision of achieving…