Business News Northeast - Latest Business Northeast News & Updates

14 Mar

JSW Steel to Develop Coking Coal Mine in Mozambique to Secure Long-Term Supply

nanikaBusiness

JSW Steel has announced plans to develop the Minas de Revuboè coking coal mine in Mozambique as part of its strategy to ensure long-term raw material security for its steel operations.According to a company statement, the mine is located in the Moatize coal basin of the Tete Province and holds estimated reserves of around 850 million tonnes. Out of this, about 250 million tonnes are expected to be usable coking coal, a key raw material required for steel production.JSW Steel said the project will be developed in phases, with the first phase expected to be completed within the next 2.5…

13 Mar

Storage innovation: Seagate delivers industry’s highest capacity hard drives with next-generation Mozaic™ 4+

Business BureauBusiness

Seagate Technology has announced its next-generation Mozaic™ 4+ storage platform, introducing the industry’s highest-capacity hard drives designed to support the rapid expansion of artificial intelligence and large-scale data centres. The company said the Mozaic 4+ platform, built on heat-assisted magnetic recording (HAMR) technology, is the only HAMR-based storage platform currently deployed at scale. The platform supports hard drives with capacities of up to 44TB and is already qualified and in production with two leading hyperscale cloud providers. Seagate said the new system incorporates a next-generation suspension architecture and an enhanced system-on-a-chip, enabling precise data recording at higher densities while maintaining…

12 Mar

V-Guard earns global recognition at German Design Award 2026

Business BureauBusiness

V-Guard Industries Limited has won the prestigious German Design Award 2026 for its innovative Luxecube Water Heater. The award, presented by the German Design Council, recognises excellence in product design. The award ceremony was held in Frankfurt and brought together leading designers and industry experts from 17 nationalities. The 2026 edition of the awards received more than 3,900 entries from 57 countries, making it one of the most competitive global design platforms. V-Guard’s win highlights its focus on combining functionality, aesthetics and everyday usability in product development. This also marks the company’s second consecutive win at the German Design Awards…

12 Mar

₹350,000 sq ft facility to boost AI, cloud and digital services; expected to create new job opportunities in Punjab

nanikaBusiness

IT services giant Infosys has announced the expansion of its development centre in Mohali with the construction of a new integrated campus that will accommodate around 3,000 employees.The company said the new campus will span about 350,000 square feet and will significantly strengthen its operations in the region. A groundbreaking ceremony for the project was held on Thursday in the presence of Bhagwant Singh Mann, Chief Minister of Punjab, along with state cabinet minister Sanjeev Arora and Infosys Chief Financial Officer Jayesh Sanghrajka.Chief Minister Mann said the expansion will strengthen Punjab’s growing reputation as a technology and innovation hub. He…

12 Mar

Energy Dominance: Trump Announces Historic $300 Billion U.S. Refinery Deal with Reliance Backing

anuprovaBusiness

In a landmark move for the American energy sector, U.S. President Donald Trump has announced a "historic" $300 billion partnership with India’s Reliance Industries (RIL) to build the first major new oil refinery in the United States in over 50 years. The project, located at the strategic Port of Brownsville in Texas, is being spearheaded by America First Refining (AFR) and represents a massive shift toward domestic energy independence. Trump, making the announcement on the social media platform Truth Social, hailed the deal as a "massive win for American workers" and a cornerstone of his "America First" agenda. The $300…

12 Mar

Voice search changing how Indians plan travel, MakeMyTrip data shows growing use of regional languages

Business BureauBusiness

Indians are increasingly searching for travel in the language they speak, with voice interactions emerging as a more expressive and inclusive way to plan trips, according to new observations shared by online travel company MakeMyTrip from its Gen-AI powered Trip Planning Assistant, Myra. Based on insights from nearly 20 lakh voice conversations, Myra—now facilitating over 50,000 conversations daily—indicates that voice queries are becoming more contextual and conversational compared to text searches. While text searches typically contain just three to four words, nearly 23 per cent of voice queries exceed 11 words as travellers increasingly describe details such as budget, location,…

12 Mar

Marriott Bonvoy partners with Swiggy to turn everyday orders into travel rewards

Business BureauBusiness

Marriott Bonvoy, the award-winning travel programme of Marriott International, has partnered with Swiggy to allow members to earn travel rewards through everyday transactions on the food delivery and quick commerce platform. The strategic collaboration enables members with linked accounts to earn Marriott Bonvoy points while using Swiggy’s services, including food delivery, Instamart, and Dineout. Under the partnership, users can earn five Marriott Bonvoy points for every ₹500 spent across Swiggy offerings, allowing them to accumulate points not only during travel but also through daily activities such as ordering meals, dining out, or shopping for groceries. Marriott Bonvoy Elite members across…

12 Mar

From entrepreneurial vision to global impact: Malabar Chairman M.P. Ahammad honoured with Business Bhushan Award

Business BureauBusiness

M.P. Ahammad, Chairman of Malabar Group, has been honoured with the prestigious Business Bhushan Award at the Lokmat Maharashtrian of the Year Awards 2026, recognising his inspiring entrepreneurial journey and his role in shaping the global jewellery retail industry.The award ceremony was held at the iconic Gateway of India in Mumbai and brought together leading policymakers, industry leaders and personalities from business and entertainment. Maharashtra Chief Minister Devendra Fadnavis and Deputy Chief Minister Eknath Shinde were present at the event along with Lokmat Chairman Vijay Darda, ministers, bureaucrats and other distinguished guests.Presented by the Lokmat Media Group, the awards celebrate…

11 Mar

Swiggy, HDFC Bank launch two new co-branded credit cards to boost lifestyle and travel rewards

Business BureauBusiness

Swiggy and HDFC Bank have expanded their co-branded credit card portfolio with the launch of two new variants — the Swiggy BLCK HDFC Bank Credit Card and the Swiggy Ornge HDFC Bank Credit Card — aimed at enhancing rewards across food delivery, quick commerce, lifestyle shopping, and travel spending. The new cards are designed to integrate seamlessly with consumers’ everyday spending patterns, offering enhanced cashback and lifestyle benefits across Swiggy and leading online platforms. Existing users of the Swiggy HDFC Bank Credit Card continue to receive cashback benefits across Swiggy and more than 30 online platforms including Cleartrip, Nykaa, Paytm…

11 Mar

Tata AIA launches ‘Shubh Flexi Pension Plan’ offering guaranteed lifetime income with market-linked growth

Business BureauBusiness

Tata AIA Life Insurance has launched the Shubh Flexi Pension Plan, a new retirement-focused solution aimed at offering guaranteed lifelong income while allowing policyholders to benefit from market-linked growth. The plan seeks to address growing concerns around rising life expectancy, healthcare costs and the risk of outliving retirement savings. The insurer said retirement planning in India is evolving as individuals increasingly seek financial products that combine stability with wealth growth. The Shubh Flexi Pension Plan provides annuity payouts for life and offers a variable annuity option linked to the performance of the NIFTY 50 index. Customers can choose different combinations…