Business News Northeast - Latest Business Northeast News & Updates

21 Aug

ICICI Prudential Life launches new fund for long-term equity investors

Business BureauBusiness

ICICI Prudential Life Insurance has launched the BSE 500 Momentum Value 50 Index Fund, offering customers a new investment option that combines value and momentum strategies for long-term equity participation through select unit-linked insurance plans (ULIPs). The fund will provide exposure to 50 companies selected from the broad BSE 500 universe and follow the ICICI Pru BSE 500 Momentum Value 50 Customized Index. It uses a rules-based approach to identify companies with attractive valuations and positive price momentum. The portfolio will be reviewed every quarter, allowing it to adapt to changing market valuations and trends. If a stock cannot be…

21 Aug

PWNSAT 2026 opens registrations with scholarships, cash rewards and support for top 500 students

Business BureauBusiness

PhysicsWallah (PW) has opened registrations for the fourth edition of its PhysicsWallah National Scholarship cum Admission Test (PWNSAT) 2026, expanding financial and academic support for students preparing for JEE and NEET examinations. The scholarship test is open to students from Class V to XII and Class XII pass-outs across both PCM and PCB streams, with registrations available free of cost. Under PWNSAT 2026, eligible students can receive scholarships of up to 100% tuition fee waivers, while cash rewards worth up to Rs 2.5 crore are also on offer. A major component of the programme is free education and accommodation support…

21 Aug

ABD’s credit rating upgraded to IND AA- as growth and profitability strengthen

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Allied Blenders and Distillers Limited (ABD), one of India’s leading spirits companies and the country’s largest exporter by volume, has received a two-notch credit rating upgrade from India Ratings & Research (Ind-Ra), with its bank facilities upgraded from IND A to IND AA- and assigned a Stable Outlook. The upgrade reflects ABD’s continued expansion in its consolidated scale of operations in FY26, with Ind-Ra expecting the company to sustain and further grow its business over the medium term. The Stable Outlook is supported by expectations of sustained profitability, aided by premiumisation and an improved sales mix that could enhance gross…

21 Aug

Drivn and Tata Motors partner to drive electric truck leasing

Business BureauBusiness

EV leasing platform Drivn has signed a memorandum of understanding with Tata Motors to explore customised leasing and financing solutions for electric commercial vehicles, with plans to deploy more than 1,000 electric trucks over the next two years. Under the partnership, Drivn will offer bespoke operating lease solutions for Tata Motors’ electric commercial vehicle portfolio, helping fleet operators address challenges related to high upfront costs, deployment timelines, charging infrastructure and fleet operations. Rajesh Kaul, Vice President and Business Head – Trucks at Tata Motors, said the collaboration aims to make electric trucks more accessible and support India’s transition towards sustainable…

20 Aug

iQOO TWS 5e Debuts With 35dB ANC, 11.5mm Drivers and Up to 50 Hours of Playback

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iQOO has introduced the TWS 5e in China, adding a new pair of truly wireless earbuds to its audio portfolio. The earbuds were launched alongside the iQOO Neo 11 Ultra and iQOO Z11S and come with a combination of audio, gaming and smart features. The iQOO TWS 5e features 11mm high-resolution drivers and offers 35dB active noise cancellation. The earbuds are designed for gaming as well, with a claimed 42ms low-latency mode and Bluetooth 5.4 support. For audio, the earbuds support AAC, SBC and LC3 codecs. They also feature Monster Sound gaming audio with DeepX 3.0 stereo sound. Users can…

20 Aug

PWNSAT 2026 targets wider student participation with scholarships, cash rewards and support for top 500

Business BureauBusiness

PhysicsWallah (PW) has launched the fourth edition of its PhysicsWallah National Scholarship cum Admission Test (PWNSAT) 2026, with the initiative offering financial assistance and academic support to students preparing for JEE and NEET examinations. Free registrations are open to students from Class V to XII and Class XII pass-outs from both PCM and PCB streams. The scholarship programme offers eligible students tuition fee waivers of up to 100%, along with cash rewards worth up to Rs 2.5 crore. The programme's key support component is free education and accommodation for the top 500 eligible students, based on their performance in PWNSAT…

20 Aug

Cognizant expands AI talent pipeline with 489 B-school graduates

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Cognizant has launched its Talent Accelerator program with 489 newly hired B-school graduates from 58 business schools across 37 cities in India, strengthening its focus on interdisciplinary talent for the evolving AI-driven technology sector. The two-week immersive onboarding programme is being conducted simultaneously at Cognizant facilities in Chennai, Bengaluru, Hyderabad and Pune. It will familiarise new recruits with the company’s values while providing functional, sales and marketing training and opportunities to interact directly with business and leadership teams. The cohort includes graduates from premier institutions such as IIM Bangalore, IIM Kozhikode, IIM Lucknow, ISB Hyderabad, SPJIMR Mumbai, FMS University of…

20 Aug

2,000 Jawa, Yezdi and BSA riders join Independence Day rides across India

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More than 2,000 Jawa, Yezdi and BSA motorcycle riders participated in Independence Day rides across India under the Nomads banner, marking the country’s 80th Independence Day with a nationwide celebration of freedom and motorcycling. The initiative brought together riders through 150 dealerships, cutting across age groups, regions and riding styles. According to Classic Legends, the Nomads identity is intended to bring Jawa, Yezdi and BSA riders together beyond individual brands, with shared experiences and a common passion for motorcycling forming the basis of the community. The company said the rides also reflected the spirit of national pride associated with its…

20 Aug

Royal Enfield strengthens Classic 350 portfolio with Gorkha Edition and exclusive apparel line

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Royal Enfield, the global leader in the mid-size motorcycle segment, has announced the launch of the Classic 350 Gorkha Edition in India at ₹2,10,684 (ex-showroom, New Delhi), with bookings opening today. The new edition is positioned as a tribute to the legacy, courage, discipline and resilience of the Gorkha Regiment. The motorcycle is finished in a distinctive Gorkha Green colourway and features a bespoke insignia depicting the iconic crossed Khukris. Retaining the Classic 350’s upright riding posture and J-series engine, it comes with an Assist & Slipper clutch and Type-C USB fast-charging port. Yadvinder Singh Guleria, Chief Commercial Officer, Royal…

20 Aug

Eicher Pro X expands in East India with dedicated Howrah dealership

Business BureauBusiness

Eicher Trucks & Buses, a business unit of VE Commercial Vehicles Ltd. (VECV), has inaugurated a dedicated Eicher Pro X dealership in Howrah, marking its first such facility in East India and strengthening its presence in a key commercial and logistics market. Future Automobile Agency Private Limited’s 3S dealership, located at Dey Motors Compound on NH-6, Chamrail, Kona, offers Eicher Pro X small commercial vehicles in the 3T and 3.5T GVW categories across electric, diesel and CNG powertrains. Spread across around 8,000 sqft, the facility integrates sales, service and spare parts, while featuring dedicated service bays, customer and driver lounges,…