Business News Northeast - Latest Business Northeast News & Updates

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…

31 Oct

Kotak811 launches 3-in-1 Super Account in partnership with super.money, simpliflies saving, spending and borrowing for Digital India

Business BureauBusiness

Kotak811, India’s leading digital banking platform, has launched its innovative 3-in-1 Super Account, combining a savings account, fixed deposit, and secured credit card in one digital solution. The offering, developed in partnership with super.money, aims to simplify financial management for “Core India” — a growing segment of salaried individuals, students, and first-jobbers seeking digital-first financial tools. Highlighting the product’s simplicity, Manish Agarwal, Head of Kotak811, said, “The 3-in-1 Super Account brings saving, spending, and borrowing together in one place. It’s simple, secure, and designed for everyday use.” The account allows users to start with just ₹1,000, earn interest and cashback,…

31 Oct

Cognizant posts strong Q3 results, raises 2025 growth outlook to 6.3% on AI, North America gains

Business BureauBusiness

Cognizant Technology Solutions reported a robust third quarter for 2025, with revenue climbing 7.4% year-over-year to $5.42 billion, surpassing the upper end of its guidance. The company also posted a 16% operating margin—up 140 basis points—and an adjusted EPS of $1.39, marking an 11% annual rise. CEO Ravi Kumar S attributed the performance to consistent organic growth across all segments and strong client demand in North America. “This marks our fifth consecutive quarter of year-over-year organic growth and our strongest sequential growth since 2022,” he said, highlighting momentum in AI-led platforms and six major deal wins during the quarter. CFO…

30 Oct

The Role of Targeted Therapy in Brain Tumors

Business BureauBusiness

Dr. Tejinder Kataria, Chairperson, Radiation Oncology, Medanta – The Medicity, Gurgaon In 2022, India saw an estimated 1.46 million new cancer cases, which translates to an incidence rate of slightly more than 100 per 100,000 people. Recent projections indicate that the number of cases will exponentially rise to 1.57 million by 2025, with incidence rates among the highest in the North Eastern states. Within this larger dataset, brain tumors are growing at a rapid pace in the country, with the incidence of central nervous system (CNS) tumors estimated at 5 to 10 cases per 100,000 population in the country, accounting…

30 Oct

Dulcoflex® launches ‘kNOw Constipation’ campaign to break the silence around digestive health

Business BureauBusiness

In a bid to normalize conversations around one of India’s most common yet under-discussed health concerns, Dulcoflex®, a leading name in digestive wellness, has launched its new campaign titled ‘kNOw Constipation’. The initiative aims to shift the narrative through humor, empathy, and relatable storytelling, encouraging open dialogue on constipation—especially among women, who are often more affected yet hesitant to discuss it. According to Dulcoflex®, one in every five Indians suffers from constipation, with 276 million impacted daily. The campaign features popular comedians such as Aanchal Aggarwal, Srishti Dixit, and Soumya Venugopal, soon to be joined by Gurleen Pannu, Jamie Lever,…

30 Oct

Samsung Galaxy AI expands support to 22 languages

Business BureauBusiness

Samsung Electronics Co., Ltd. has announced the upcoming expansion of two new languages for Galaxy AI: Filipino and Gujarati. This expanded language support began rolling out from October 29. With this new update, Galaxy AI will support a total of 2 languages, strengthening Samsung’s ongoing commitment to lowering language barriers and bringing meaningful mobile AI experiences to more people. As Galaxy AI continues to evolve, users in even more regions can now access its suite of intelligent features designed to make communication and productivity easier and more intuitive in everyday life. With Live Translate’s real-time, two-way voice and text translations,…