Business News Northeast - Latest Business Northeast News & Updates

03 Nov

PNB MetLife expands Assam network, opens new branch in Lakhimpur to deepen insurance reach

Business BureauBusiness

PNB MetLife India Insurance Company Limited has strengthened its presence in Assam with the opening of a new branch in Lakhimpur. The announcement was made on Wednesday in Guwahati. With the new branch, the company now operates four branches across Assam, reflecting its focus on expanding insurance access in the state. According to the company, the expansion aims to bring insurance services closer to people and support customers with easier policy services and trusted financial guidance. “Trust has always been the foundation of PNB MetLife’s relationship with its customers. With 177 branches now across India, we are not only expanding…

03 Nov

CAIT Empowers 2.5 Million Traders: Launches ARISE National Skilling Mission

Business BureauBusiness

In a major push to strengthen India’s retail sector, the Confederation of All India Traders (CAIT) on Thursday launched its National Skilling Mission “ARISE” in partnership with Coca-Cola India and with support from the National Skill Development Corporation (NSDC). The initiative aims to train and digitally empower 2.5 million small traders and kirana owners across the country. The programme was inaugurated by Delhi Chief Minister Rekha Gupta. MP and CAIT Secretary General Praveen Khandelwal presided over the launch, attended by senior government officials and industry representatives. Gupta called the initiative a “historic step” to empower small shopkeepers who she termed…

01 Nov

Tata Motors, THINK Gas join hands to boost India’s LNG trucking network

Business BureauBusiness

Tata Motors, India’s largest commercial vehicle manufacturer, has signed a Memorandum of Understanding (MoU) with THINK Gas to accelerate the development of the LNG refuelling ecosystem for long-haul trucking. The collaboration, announced on 30 October 2025, aims to strengthen India’s clean mobility infrastructure by promoting LNG-powered heavy-duty commercial vehicles and expanding refuelling networks across key logistics routes. Under the agreement, Tata Motors will help identify critical freight corridors and logistics hubs for LNG infrastructure, while THINK Gas will ensure high-quality fuel supply and operational reliability. Tata Motors’ customers are also expected to receive benefits such as preferential pricing at THINK…

01 Nov

Decathlon unveils India-made Kipsta RESIST Football Series for all terrains

Business BureauBusiness

Decathlon, the global sports retail giant, has launched the Kipsta RESIST football series in India, aiming to meet the needs of players across the country’s diverse playing environments. Announced on October 30, 2025, the new range is fully designed and manufactured in India and tailored for surfaces ranging from dry hard grounds to wet and uneven fields, a common challenge for Indian footballers. The series comprises two models — Training High Resist Ball and Club High Resist Ball. The Training ball features an abrasion-resistant rubber outer layer for long-lasting performance on hard ground, mud, gravel, and grass, meeting FIFA Basic…

01 Nov

Turkish Airlines secures USD 412 million funding from Bank of China to accelerate global expansion

Business BureauBusiness

Turkish Airlines has finalized a landmark financing deal worth 2.9 billion Chinese Yuan (approximately USD 412 million) with Bank of China, arranged through Bank of China Turkey A.Ş. The five-year facility will be directed toward fleet expansion, business growth, construction of new facilities, and infrastructure development at Istanbul Airport, supporting the carrier’s long-term growth strategy. This milestone strengthens Turkish Airlines’ commitment to diversifying funding sources while advancing sustainable and globally inclusive expansion. The financing, coordinated by Bank of China Turkey and BOC Macau branch as lender, also deepens financial cooperation between Türkiye and China, aligning with both nations’ long-term strategic…

01 Nov

Samsung announces the winners of Samsung Solve for Tomorrow 2025; winning teams received INR 1 crore

Business BureauBusiness

Samsung, India’s largest consumer electronics brand, has announced the winners of Samsung Solve for Tomorrow 2025, the fourth edition of its national education programme that challenges young students to use technology to create real-world solutions for pressing challenges in their local communities. The Top Four winning teams—Percevia (Bengaluru), NextPlay.AI (Aurangabad), Paraspeak (Gurugram), and Prithvi Rakshak (Palamu)—received INR 1 crore in incubation grants and will continue to develop their prototypes into scalable real-world solutions with mentorship support at IIT Delhi’s FITT Labs. The jury panel brought together Samsung leadership and experts from across academia, government, and industry to evaluate the finalists’…

01 Nov

Hindustan Unilever receives ₹1,986 crore tax demand notice

Purbalee DuttaBusiness

Hindustan Unilever Ltd (HUL) announced on Friday, 31 October 2025, that it has received a ₹1,986 crore tax demand notice from the Mumbai Assistant Commissioner of Income Tax, as disclosed in its exchange filing. The order, issued under Section 143(3) read with Section 144C(13) of the Income Tax Act, 1961, challenges the company’s valuation of related party transactions and certain corporate tax claims, particularly depreciation adjustments. According to the filing, tax authorities have raised transfer pricing objections and disallowed specific payments to related parties. HUL stated that it will appeal the order before the appellate authority within the stipulated timeframe.…

01 Nov

Bandhan Bank logs 9% business growth in Q2 FY26, eyes wider retail expansion

Business BureauBusiness

Bandhan Bank reported a 9% year-on-year growth in total business for the second quarter of FY26, taking its business size to ₹2.98 lakh crore. Total deposits rose 11% to ₹1.58 lakh crore, with retail deposits accounting for nearly 71%. The bank’s loan book expanded by 7% YoY to ₹1.40 lakh crore. Its Capital Adequacy Ratio stood at a strong 18.6%, while CASA ratio was recorded at 28%. The bank now serves over 3.23 crore customers through a network of more than 6,350 outlets across 35 states and Union Territories, supported by a workforce of over 73,500 employees. Bandhan Bank stated…

31 Oct

Medanta’s Rs 500-crore Guwahati hospital seen as strategic healthcare investment for Northeast development

Business BureauBusiness

Medanta has initiated construction of its 400+ bed super-speciality hospital in Guwahati, marking a major healthcare infrastructure move aligned with regional development priorities. The Bhoomi Poojan ceremony on October 31 was attended by Assam Chief Minister Dr. Himanta Biswa Sarma along with Medanta Chairman & Managing Director Dr. Naresh Trehan and Group CEO Pankaj Sahni, signalling government-private sector convergence in strengthening medical access in the Northeast. With an investment size of approximately ₹500 crore, the Sarusajai-based facility on NH-27 will introduce high-end tertiary and quaternary care, including advanced transplant programs, robotic procedures, cardiology, neurology, oncology, trauma services and full diagnostic…

31 Oct

Apple hits all-time revenue record in India

Purbalee DuttaBusiness

Apple reported its highest-ever India revenue for the September quarter, contributing to its global sales of $102.5 billion — the company’s best performance yet. This marked Apple’s 14th consecutive quarter of record iPhone sales in India, driven by expanding retail presence and local manufacturing. CEO Tim Cook credited strong demand for the iPhone 17 and expects momentum to continue into the December quarter. Apple CFO Kevan Parekh said iPhone revenue rose 6% year-on-year to $49 billion, with records in several emerging markets, including India. According to IDC, Apple shipped around 5 million iPhones in Q3 2025, likely placing it among…