Business News Northeast - Latest Business Northeast News & Updates

08 Nov

ABD posts robust Q2 results; premium portfolio, new PET unit boost momentum

Business BureauBusiness

Allied Blenders and Distillers Limited (ABD), India’s largest domestic spirits maker by volume, reported strong financial results for Q2FY26, driven by accelerated premiumization and improved operational efficiency. The company posted a profit after tax of ₹63 crore, up 32.3% year-on-year, while income from operations rose 14.4% to ₹995 crore. EBITDA stood at ₹130 crore, marking a 23.6% increase year-on-year, with margins improving to 13.1%. This marks ABD’s fifth consecutive profitable quarter post-listing. Prestige & Above brands continued to gain traction, with volume reaching 9 million cases, up 8.4% YoY, and the segment now contributing over 47% of total volumes. The…

07 Nov

Norton Unveils Manx R, Its Most Powerful Bike Yet, with 206 HP V4 Engine

Business BureauBusiness

The all-new Norton Manx R is the standard-bearer of Norton’s Resurgence, the embodiment of the brand’s unwavering commitment to creating some of the world’s most desirable motorcycles through innovation, emotional design, and real-world performance. Its role is simple - to redefine the premium superbike segment by offering a charismatic and nuanced experience suited to both road and track. The mission – to unfailingly deliver a visceral connection between rider and machine. The Manx R places the rider at the centre of the dynamic equation through a peerless combination of accessible performance, everyday usability and engineering intelligence. Dramatic in design and…

07 Nov

Flipkart strengthens Bharat’s digital trade corridors; tier-2 & tier-3 markets power festive surge

Business BureauBusiness

Flipkart, India’s homegrown e-commerce marketplace, has witnessed a powerful transformation in the country’s digital commerce landscape as new regional trade hubs from Surat and Bhiwandi to Jaipur and Karnal emerge and thrive on the platform. With a 1.4X surge in new selection inflow from these high-growth clusters witnessed during the festive season, Flipkart is enabling entrepreneurs from Tier-2 and Tier-3 cities to scale sustainable, technology-led businesses and take Bharat’s commerce story to new frontiers. Among Tier-2 cities, Bhubaneswar, Bhiwandi, and Durgapur have seen maximum growth during the festive season, underscoring the deepening digital engagement across regional India. This surge reflects…

07 Nov

Festive credit demand lifts Bajaj Finance; loans up 27%, financial inclusion gains momentum

Business BureauBusiness

Bajaj Finance Ltd. reported strong festive season lending activity, with consumer loan volumes rising 27% and loan value up 29% year-on-year for the period September 22 to October 26, 2025. The non-banking finance major disbursed approximately 63 lakh loans, supported by favourable economic sentiment and government-led tax reforms. Market analysts note that next-generation GST reforms and revisions in personal income tax have expanded discretionary spending capacity, translating into higher festive consumption finance. Bajaj Finance’s performance reflects this trend, with 23 lakh new customers added during the period. Notably, 52% of these were first-time borrowers, signalling deepening credit penetration and a…

07 Nov

Zomato’s ‘District’ & Kotak Solitaire Card roll out exclusive luxury dining experiences for India’s affluent consumers

Business BureauBusiness

District by Zomato, the going-out platform, has unveiled a new luxury dining initiative in partnership with Kotak Mahindra Bank, offering premium, curated culinary experiences exclusively for Kotak Solitaire Credit Card customers. The programme kicked off with a Himalayan-inspired reinterpretation of Malaysian cuisine in Kasauli, led by acclaimed chefs Prateek Sadhu and Darren Teoh, followed by celebrated pop-ups like “NAAR x Dewakan” and “The Bhog Table by Chef Auroni & Bengaluru Oota Company,” which received an enthusiastic response. Kotak Solitaire customers will get first access to intimate chef’s tables, immersive mixology experiences, and rare gastronomic events, along with privileges such as…

07 Nov

Nobel Prize Dialogue India 2025, in partnership with Tata Trusts, brings together Nobel Prize Laureates, leading scientists and thinkers, and students

Business BureauBusiness

The Nobel Prize Dialogue India 2025, held on Monday at the Indian Institute of Science (IISc) Bengaluru in partnership with Tata Trusts, brought Nobel laureates, scientists, thinkers and students under one roof to deliberate on “The Future We Want.” The event focused on knowledge, inclusion, sustainability and youth empowerment, reinforcing India’s growing role as a global innovation hub. Tata Trusts CEO Siddharth Sharma stressed the importance of nurturing talent and innovation, stating, “India’s greatest wealth lies in its people… To achieve justice — social, economic and political — we must empower the youth and create ecosystems fuelling innovation.” Nobel laureate…

06 Nov

Groww IPO day 2!

Purbalee DuttaBusiness

The initial public offering (IPO) of Billionbrains Garage Ventures Ltd, better known as Groww, opened on November 4, 2025, and will close on November 7, 2025. The Bengaluru-based fintech firm has set the IPO price band at ₹95–₹100 per share. The offering, a mix of fresh equity and offer for sale (OFS), aims to raise ₹6,632.30 crore — including ₹1,060 crore from new shares and ₹5,572.30 crore through the OFS route. In the grey market, Groww shares are trading at a premium of ₹14, slightly lower than Tuesday’s ₹17, reflecting a moderate investor response and overall market weakness. However, analysts…

06 Nov

Berger Paints’ September Quarter Results: Revenue Grows 1.9%, Net Profit Declines 23.5%

Business BureauBusiness

Berger Paints India Limited announced its financial results for the quarter ended September 30, 2025, reporting a modest 1.9% rise in consolidated revenue from operations at Rs. 2,827.5 crore, compared to Rs. 2,774.6 crore in the same quarter last year. The company’s EBITDA dropped 18.9% to Rs. 352.3 crore, while net profit fell 23.5% to Rs. 206.4 crore, reflecting subdued demand due to extended monsoon conditions. For the half year ended September 30, 2025, consolidated revenue stood at Rs. 6,028.3 crore, up 2.8%, even as net profit declined 16.4% to Rs. 521.4 crore. Managing Director & CEO Abhijit Roy said…

06 Nov

MakeMyTrip’s ‘Travel Ka Muhurat’ sparks premium travel boom; early bookings double as Indians plan ahead

Business BureauBusiness

India’s travellers are booking wider, earlier, and upgrading their holiday plans as MakeMyTrip’s inaugural ‘Travel Ka Muhurat’ campaign registers strong early traction. In just six days between October 29 and November 3, the platform saw bookings across 1,441 Indian cities and 834 cities globally in 109 countries, signalling an expanding travel footprint backed by rising aspirations. Preliminary data shows early flight bookings for year-end travel have doubled, indicating a trend toward advance planning. On stays, premiumisation stood out, with one out of three domestic hotel bookings and 64.5% of international bookings made for 4- and 5-star properties. Travellers also displayed…

04 Nov

Coca-Cola’s Halftime campaign makes an exciting return at the ICC Women’s Cricket World Cup Semi-Final

Business BureauBusiness

Coca-Cola India brought music, energy, and refreshment to the ICC Women’s Cricket World Cup Semi-Final in Navi Mumbai on October 31, 2025, as its Halftime campaign made a vibrant return. The mid-innings break transformed into a cultural celebration, with Coke Studio Bharat infusing the stadium with rhythm, excitement, and festive spirit. Renowned singer Aditya Gadhvi electrified the crowd with his popular tracks Khalasi, the Cannes Lions-winning anthem, and Meetha Khaara, a tribute to Gujarat’s folk heritage. “It’s not every day you get to perform on a stage like this,” Gadhvi said, adding that bringing regional music to the cricketing world…