Business News Northeast - Latest Business Northeast News & Updates

26 Aug

West Asia Infrastructure Spending Boosts L&T Order Pipeline

nanikaBusiness

Larsen & Toubro Ltd. (L&T) has secured 13 orders since early July, including seven from West Asia, signalling a revival in business activity in the region following disruptions caused by the US-Iran conflict. While L&T discloses order values within broad ranges rather than providing exact figures, estimates suggest the company’s average order inflow for the quarter ending September 30 could reach around ₹1.11 trillion, surpassing the ₹1.08 trillion recorded in the previous quarter. Even under a conservative estimate, the new orders could be worth about ₹93,800 crore. West Asia remains a strategically important market for L&T, contributing roughly one-third of…

25 Aug

Godrej Agrovet’s Aqua Feed push signals focus on farm productivity and sustainable growth

Business BureauBusiness

Godrej Agrovet Limited has reinforced its long-term commitment to the Aqua Feed business, outlining a growth strategy centred on manufacturing expansion, innovation and research and development, with the company aiming to emerge as one of India’s leading fish feed players. The strategy places emphasis on improving feed conversion ratios, a key factor that can help aquaculture farmers lower production costs, improve yields and enhance farm profitability. The company said its investment and innovation push would support its ambition to grow the fish feed business at a double-digit pace. Sunil Kataria, MD and CEO of Godrej Agrovet, described fish feed as…

25 Aug

Bandhan Bank marks 11 years with 2,000th branch milestone

Business BureauBusiness

Bandhan Bank on Sunday marked its 11th anniversary by opening its 2,000th branch at Egmore in Chennai, taking its total number of banking outlets across India to 6,400. The expansion has positioned the bank among the top three private sector banks in terms of its banking outlet network, according to the bank. It currently operates across 35 of the country’s 36 states and Union Territories and serves more than 3.2 crore customers. The bank also launched mBandhan Lite, a simplified mobile banking application aimed at making digital banking more accessible for its microfinance customers. The application offers Aadhaar-based onboarding, account…

25 Aug

H.P. Ghosh Memorial Foundation lays foundation stone for medical college in Tripura

Business BureauBusiness

The H.P. Ghosh Memorial Foundation on Monday laid the foundation stone for the H.P. Ghosh Medical College at Lalchari in Tripura's Dhalai district, with Chief Minister Prof. (Dr.) ManikSaha inaugurating the project. The proposed medical college, located in the aspirational district of Dhalai, is expected to strengthen healthcare infrastructure and expand access to medical education in Tripura and the wider Northeast region. The institution will begin with an intake capacity of 100 MBBS students from the next academic year and is planned to expand subsequently with postgraduate medical programmes, a College of Nursing and Paramedical Sciences. Speaking at the programme,…

25 Aug

Bengal innovators enter Samsung Solve for Tomorrow Top 40 with AI-led solutions

Business BureauBusiness

Six young innovators from West Bengal have secured places in the national Top 40 of Samsung Solve for Tomorrow, presenting technology-led solutions focused on wage transparency, communication accessibility and the wellbeing of elderly people living alone. Rahul Gupta and Anushka Gupta are exploring an AI-based solution to simplify minimum wage information, helping workers in sectors such as construction, domestic work and agriculture better understand their wage entitlements. Sayak Samanta and Soufir Rahman are developing SignBridge AI, which aims to translate sign language into speech and text in real time, addressing communication barriers for people with hearing and speech disabilities. Shourjiya…

22 Aug

Swiggy rolls out 24×7 AI assistant ‘Guru’ for restaurant partners

Business BureauBusiness

Swiggy has announced the rollout of ‘Guru’, a 24x7 AI Business Partner designed to help restaurant partners manage operations, analyse business performance and make data-driven decisions through a conversational interface. Available on Swiggy’s restaurant partner app, Guru will enable restaurant owners to review payouts, access tax reports and payout summaries, and start, monitor or modify advertising campaigns and discounts through chat prompts. The AI assistant will also provide funnel analysis of gross merchandise value (GMV) and orders, identifying performance gaps and offering recommendations. Guru tracks sales, orders, average order value (AOV) and more than 30 other metrics over time. Its…

22 Aug

BMW Launches X1 LWB in India, Unveils Locally Assembled i5 LWB Sedan

nanikaBusiness

German luxury automaker BMW has launched the X1 Long Wheelbase (LWB) in India at an introductory price of Rs 49.9 lakh (ex-showroom), specifically targeting first-time buyers in the luxury segment. Locally manufactured at the BMW Group plant in Chennai, the X1 LWB is designed to offer enhanced rear legroom, extending a long-wheelbase strategy that currently contributes over 50 percent of the company’s total sales in the country. According to BMW Group India President and CEO Hardeep Singh Brar, more than half of X1 customers are first-time entrants into the luxury market, making this flagship SUV a pivotal entry point for…

22 Aug

Pernod Ricard bets on multi-category spirits brand with West Bengal launch

Business BureauBusiness

Pernod Ricard India has launched Seagram's Xclamat!on in West Bengal, introducing a single branded portfolio spanning five spirit categories—whisky, vodka, gin, rum and brandy—as it targets the country's growing entry-level premium alcohol market. Describing it as its most ambitious innovation in three decades, the company said Xclamat!on brings all five categories under one brand at a uniform price point in the premium admix segment. The launch is aimed primarily at consumers aged 26 to 30, a demographic whose preferences are increasingly expanding beyond whisky to categories such as gin, vodka, rum and brandy. Pernod Ricard India said more than 20…

21 Aug

BGMI LITE to launch in India by end of 2026, Android pre-registration opens August 25

Business BureauBusiness

KRAFTON India has announced that BGMI LITE will launch in India by the end of 2026, with pre-registration for Android users set to open on Google Play from August 25.Designed as a streamlined version of BATTLEGROUNDS MOBILE INDIA (BGMI), BGMI LITE aims to make the gaming experience accessible to a wider community while retaining the core elements of the popular title.The initial download size of BGMI LITE will be around 1GB, offering users a lighter entry point to the game. Existing BGMI players will not need to transfer their accounts, as BGMI LITE will operate separately from the existing BGMI…

21 Aug

BPCL takes Bharatgas Lite ZIP to four Odisha cities in 100-city expansion

Business BureauBusiness

Bharat Petroleum Corporation Limited (BPCL), a Fortune Global 500 company and Maharatna PSU, has rolled out its Bharatgas Lite ZIP LPG offering in Bhubaneswar, Berhampur, Cuttack and Rourkela, expanding the premium convenience-led proposition as part of its landmark 100-city national rollout. The offering combines Bharatgas Lite's lightweight, corrosion-free and transparent composite cylinder with Instant New Connection and Express Delivery, aimed at making LPG access easier, faster and more convenient. The transparent cylinder also enables consumers to check the remaining LPG level, while its lighter design improves handling. In Bhubaneswar, the rollout comes as the state capital's expanding urban population increasingly…