Business News Northeast - Latest Business Northeast News & Updates

17 Jun

Assam eyes ₹700 croreboost as concert economy gains momentum

Business BureauBusiness

Assam is poised to emerge as India's next major concert economy hub, with a new report by BookMyShow, Assam Tourism Development Corporation Ltd. (ATDC) and EY-Parthenon projecting a cumulative economic impact of over ₹700 crore from live entertainment events over the next five years. The report, titled *The Assam Blueprint: Turning Live Music Economy into a Tourism Multiplier*, was unveiled in Guwahati and examines the impact of global music events on the state's tourism, economy and employment landscape. Using American rapper Post Malone's maiden India solo concert in Guwahati in December 2025 as a case study, the report estimated a…

16 Jun

Bar Maestro aims to tap India’s growing cocktail economy

Business BureauBusiness

ABD Maestro Pvt. Ltd., the super-premium and luxury spirits arm of Allied Blenders & Distillers Limited (ABD), has launched “Bar Maestro,” a nationwide bartending competition aimed at nurturing talent, strengthening India's evolving cocktail culture, and creating a platform for bartenders to gain industry recognition and career opportunities.Launched in partnership with Tulleeho, one of India's leading bar and beverage education platforms, the competition will roll out across Mumbai, Delhi, Gurgaon, Goa, Pune, Bangalore and Kolkata from June 15. The initiative is designed as a three-round contest that will test creativity, technical expertise and regional storytelling through cocktails crafted using ABD Maestro’s…

15 Jun

More Structural Reforms Needed Beyond Capital Gains Tax Cuts to Attract Foreign Capital, Says FM Sitharaman

anuprovaBusiness

Union Finance Minister Nirmala Sitharaman emphasized on Monday, June 15, 2026, that the recent capital gains tax relief implemented for Government Securities (G-Secs) is not the ultimate solution to India's fiscal goals, stressing that the country must pursue additional structural reforms to attract sustained inflows of foreign capital. Speaking at a major financial conclave, Sitharaman highlighted that while the tax exemptions have successfully lowered the entry barrier for global investors looking to participate in India’s sovereign debt market, the government must continuously look for ways to deepen domestic financial markets. She noted that relying solely on short-term tax incentives is…

15 Jun

Malabar Gold & Diamonds targets modern consumers with Nuwa diamond collection

anuprovaBusiness

Malabar Gold & Diamonds has launched NUWA, a new natural diamond jewellery collection aimed at consumers seeking contemporary designs, understated luxury and versatile jewellery inspired by nature. The latest edition of NUWA celebrates modern luxury through natural diamonds, drawing inspiration from nature’s finest creations. The collection incorporates patterns and textures found in stripes, honeycombs, fluid formations and organic structures, transforming them into jewellery pieces designed for modern lifestyles. Crafted in 18kt and 14kt gold, the collection features natural diamonds enhanced with coloured gemstones, ceramic colour enamelling and multi-tone rhodium finishes. According to the company, the designs strike a balance between…

15 Jun

Malabar Gold & Diamonds launches Nuwa natural diamond collection inspired by nature

Business BureauBusiness

Jewellery retailer Malabar Gold & Diamonds has unveiled NUWA, a new natural diamond jewellery collection inspired by the intricate patterns, textures and formations found in nature. The latest edition of the collection celebrates modern luxury through natural diamonds, drawing design inspiration from elements such as stripes, honeycombs, fluid formations and organic patterns shaped by nature. Crafted in 18kt and 14kt gold, the collection combines natural diamonds with coloured gemstones, ceramic colourenamelling and multi-tone rhodium finishes to create contemporary designs suited for different occasions. According to the company, each piece in the collection reflects a balance of structure and softness, translating…

13 Jun

Nestlé Reaffirms Quality Standards After Maggi Infestation Claims

nanikaBusiness

FMCG major Nestlé India has rejected allegations circulating on social media regarding the presence of infestation in Maggi noodles, stating that laboratory tests on both reference and market samples have confirmed the product meets all quality and food safety standards. In a clarification submitted to stock exchanges, the company said it was informed of the complaint by the Food Safety and Standards Authority of India (FSSAI) following concerns raised through an unverified account on the social media platform X. Nestlé India categorically denied the allegations, stating that no sample had been received from the complainant for verification and that the…

13 Jun

Wall Street Rallies as SpaceX’s Historic $2.1 Trillion IPO Ignites Investor Frenzy

anuprovaBusiness

United States equities finished sharply higher on Friday, powered by a wave of optimism surrounding a blockbuster stock market debut for Elon Musk’s aerospace and artificial intelligence empire, SpaceX. Brushing aside recent sessions of intense market volatility, the Dow Jones Industrial Average surged 353 points, while the S&P 500 and tech-heavy Nasdaq Composite posted healthy gains of 0.5% and 0.31%, respectively. The broader market enthusiasm was fundamentally anchored by the blockbuster listing of SpaceX under the ticker symbol SPCX, which shattered records to deliver the largest initial public offering in global financial history. Trading on the Nasdaq commenced at a…

12 Jun

Turkish Airlines bags Europe’s top food and beverage award for fifth time

Business BureauBusiness

Turkish Airlines has won the 2026 APEX Best Food & Beverage in Europe award, securing the prestigious recognition for the fifth time and reinforcing its position as a leading global carrier in passenger experience and in-flight hospitality. The award was presented at the APEX Awards Ceremony held on June 10 in Dublin, Ireland, during the Future Travel Experience EMEA, Ancillary & Retailing Event. The recognition was based on unbiased, anonymous and verified passenger feedback collected in partnership with TripIt by Concur, one of the world’s most widely used travel planning applications. During the 2026 evaluation period, passengers rated more than…

12 Jun

TCS Strengthens AI Strategy with New Data Platform Lab in Kolkata

nanikaBusiness

Tata Consultancy Services (TCS) has launched India’s first Oracle AI Data Platform Lab and Centre of Excellence (CoE) in Kolkata, marking a major step toward accelerating enterprise adoption of artificial intelligence and data-driven transformation. The facility, located at Delta Park Lords in Kolkata, has been developed in collaboration with Oracle Corporation. It is designed to help organisations address key challenges such as fragmented data systems, slow analytics processes, limited AI scalability, and operational inefficiencies. According to TCS, the lab will leverage the Oracle AI Data Platform, which integrates Oracle Cloud Infrastructure, Oracle Autonomous AI Database, and OCI Enterprise AI. This…

12 Jun

Lava showcases ‘Made in India’ innovation at Kolkata Insiders Meet

Business BureauBusiness

Homegrown smartphone maker Lava International Ltd. on Thursday hosted the Kolkata edition of its flagship Insiders Meet initiative, bringing together technology creators, enthusiasts and media professionals to showcase its latest portfolio of smartphones, audio products and accessories. Held at JW Marriott Kolkata, the event provided attendees with hands-on experience of Lava’s smartphone lineup, including the Agni, Blaze, Shark, Bold and Smart series. The company also introduced its latest SHARK 2 5G smartphone as part of its growing 5G portfolio. Lava highlighted the Agni 4 as its flagship offering, featuring in-house Vayu AI, an AMOLED display and advanced camera capabilities. The…