Business News Northeast - Latest Business Northeast News & Updates

31 Jul

Sanofi Consumer Healthcare India reports steady Q2 growth on strong domestic demand

Business BureauBusiness

Sanofi Consumer Healthcare India Limited reported a steady financial performance for the second quarter of FY26, posting a 7% year-on-year rise in revenue to ₹2,357 million, supported by robust domestic demand and improved profitability despite softer export sales. The company said domestic sales grew 12% during the quarter, driven by its product relaunch strategy, while export sales declined 9% due to a high base in the corresponding period last year. Profit Before Tax (PBT) increased 16% year-on-year to ₹919 million, reflecting stronger operational execution and disciplined cost management. For the first half of FY26, Sanofi Consumer Healthcare India recorded revenue…

31 Jul

Jawa Yezdi strengthens brand connect through Shaurya Vijay Yatra with Indian Army

Business BureauBusiness

JawaYezdi Motorcycles, in partnership with the Indian Army, has concluded the 1,900-km Shaurya Vijay Yatra at the Kargil War Memorial in Dras on Kargil Vijay Diwas, reinforcing its brand association with patriotism, heritage and adventure motorcycling. The expedition, which began at the National War Memorial in New Delhi, brought together serving and retired defence personnel, Veer Naris, families of Kargil martyrs and civilian riders to honour the courage and sacrifice of soldiers who fought in the 1999 Kargil War. A defining feature of the expedition was the ceremonial transportation of sacred soil from the National War Memorial to the Kargil…

31 Jul

Maruti Suzuki launches new Brezza Turbo Boosterjet with sporty performance

Business BureauBusiness

Maruti Suzuki India Ltd on Friday launched the new Brezza Turbo Boosterjet, expanding its popular compact SUV portfolio with a performance-oriented variant aimed at young and aspirational buyers. The new model is available at an introductory starting price of ₹7.39 lakh (ex-showroom) and features a 997cc Turbo Boosterjet engine paired with a 6-speed manual transmission and Progressive Smart Hybrid Technology. The company said the new Brezza has been designed to suit the evolving lifestyles of India's youth, combining a bolder exterior, refreshed styling, advanced safety features and enhanced connectivity. The Turbo Boosterjet produces 81 kW of power and 170 Nm…

30 Jul

Bajaj Finance AUM Crosses ₹5.47 Trillion as Q1 Profit Climbs 27%

nanikaBusiness

Bajaj Finance Limited reported a strong financial performance for the first quarter of FY27, with consolidated net profit attributable to owners rising 27.4 per cent year-on-year to ₹5,985.75 crore for the quarter ended June 30, 2026. The company’s profit growth was supported by higher net interest income and continued expansion in its assets under management (AUM). The lender’s consolidated AUM increased 23.9 per cent to ₹5.47 trillion as of June 30, 2026, compared with ₹4.41 trillion during the same period last year. The company added ₹36,969 crore to its AUM during the quarter, reflecting strong growth across its lending operations.…

30 Jul

South Africa eases travel for eligible Indians with 48-hour ETA visa system

Business BureauBusiness

South Africa has introduced an Electronic Travel Authorisation (ETA) system for eligible Indian passport holders, enabling travellers to apply for travel authorisation entirely online with applications intended to be processed within 24 to 48 hours. The initiative is aimed at simplifying travel for short-term leisure and work visits of up to 90 days by replacing traditional paperwork with a fully digital process. Under the new system, travellers can complete the application online by creating an account on the official South African Department of Home Affairs ETA portal, uploading the required documents, verifying their identity through smartphone-based biometrics and paying the…

30 Jul

Cognizant Raises Full-Year Profit Guidance as Financial Services Surge Powers Q2 Beat

anuprovaBusiness

Cognizant Technology Solutions raised its full-year 2026 earnings outlook following strong second-quarter performance, anchored by robust momentum in its core financial services division and expanding demand for artificial intelligence-led transformation. The Nasdaq-listed IT services major reported Q2 revenue of $5.48 billion, representing a 4.5% year-on-year growth, while adjusted operating margins expanded 40 basis points to 16.0%. Growth was spearheaded by its Financial Services segment—Cognizant’s largest business line—which accelerated 12% year-on-year, marking its second consecutive quarter of double-digit growth as banking and financial clients increased spending on digital modernization and AI integration. Adjusted diluted earnings per share (EPS) for the quarter…

30 Jul

TRAI drive test assesses mobile network quality in South Tripura

Business BureauBusiness

The Telecom Regulatory Authority of India (TRAI) has released the findings of an Independent Drive Test (IDT) conducted across South Tripura district and adjoining areas to assess the real-time quality of mobile network services offered by telecom operators in the North East Licensed Service Area (LSA). The tests, carried out from May 13 to 16, 2026, evaluated voice and data performance of Airtel, BSNL, Reliance Jio Infocomm Ltd. (RJIL) and Vodafone Idea Ltd. (VIL) across city routes, hotspot locations and walk-test zones. The survey covered 244.2 km of city drive routes, nine hotspot locations and 1.6 km of walk-test areas…

30 Jul

After Ghee, Soap and Honey, Patanjali Expands Business to Insurance Sector

sunnyBusiness

After making its mark with products like ghee, toothpaste, soaps, and honey, Patanjali Ayurved is now preparing to enter the insurance industry. The company, founded by Baba Ramdev, has received approval from the Insurance Regulatory and Development Authority of India (IRDAI) to acquire Magma General Insurance, marking its biggest move beyond FMCG and Ayurveda. The acquisition, valued at nearly ₹4,500 crore, is being executed jointly with the DS Group, known for its food and confectionery businesses. As part of the deal, Patanjali Ayurved will acquire a 73.56% stake in Magma General Insurance, while the DS Group will hold a 24.5%…

30 Jul

TATA AIG to implement PMFBY across 11 Mizoram districts for Kharif 2026

Business BureauBusiness

TATA AIG General Insurance Company has been appointed as the implementing insurance partner for the PradhanMantriFasalBimaYojana (PMFBY) across 11 districts of Mizoram for the Kharif 2026 season. The company will implement the flagship crop insurance scheme in Hnahthial, Serchhip, Aizawl, Lawngtlai, Mamit, Saitual, Siaha, Champhai, Khawzawl, Kolasib and Lunglei districts, strengthening financial protection for farmers against crop losses caused by natural calamities, pests and diseases. Jointly sponsored by the Government of India and the Government of Mizoram, PMFBY aims to improve farmers' income stability and enhance the resilience of the agricultural sector. As the implementing insurer, TATA AIG will facilitate…

30 Jul

Indriya strengthens premium bridal jewellery positioning with House of Masaba at India Couture Week

Business BureauBusiness

Indriya, Aditya Birla Jewellery, has strengthened its premium bridal jewellery positioning by unveiling an exclusive heritage-inspired collection in collaboration with House of Masaba at India Couture Week 2026. The partnership coincided with House of Masaba's first-ever bridal couture showcase, highlighting the growing convergence of luxury fashion and fine jewellery in India's expanding bridal market. The curated collection showcased classic yellow gold, heirloom-inspired antique jewellery, temple jewellery with intricate nakshi work, Rajasthan's iconic aads, delicate filigree craftsmanship, ceremonial maangtikas, and coloured gemstones set in gold, alongside contemporary designs tailored for modern lifestyles. Handcrafted by master artisans using generations-old techniques, the collection…