Business News Northeast - Latest Business Northeast News & Updates

06 Sep

Ola Electric Mobility shares downfall over 6%, Japan’s SoftBank sells 2.15% stake

Business CorrespondentBusiness, News

Shares of Ola Electric Mobility fell as much as 5.88% to hit a low of ₹60.71 per share on the National Stock Exchange (NSE) on Friday, September 5. The decline comes after Japan's SoftBank's investment arm, SVF II Ostrich (DE) LLC, sold its 2.15% stake in the electric vehicle (EV) company between July 15 and September 2, 2025. A regulatory filing released on Thursday said SoftBank's investment arm has sold a total of 94.9 million shares in Ola Electric Mobility. The filing said, "SVF II Ostrich (DE) LLC has disposed of an aggregate of 94,943,459 equity shares of Ola Electric…

05 Sep

Mukesh Ambani praises second-gen GST reforms, citing lower prices and simplified compliance

Business BureauBusiness

Shri Mukesh D Ambani, Chairman and Managing Director of Reliance Industries Limited and Reliance Retail, India’s largest retailer, today warmly welcomed the Government of India’s second-generation reforms of the Goods and Service Tax (GST) rates. Congratulating Prime Minister Shri Narendra Modi for delivering on his promise of a historic “Diwali Gift to the people of India”, Shri Mukesh D Ambani said, “The GST rationalisation is a progressive step towards making products and services more affordable for consumers, easing operational complexity of doing business, lowering inflation and driving consumption growth across the retail sector. This will serve as a big booster to India’s economic growth. With GDP growth…

05 Sep

Master the art of sleek, polished styling with Schwarzkopf Professional’s OSiS+ Smooth & Shine Range

Business BureauBusiness

Step into a world where professional styling meets everyday wearability. Schwarzkopf Professional’s OSiS+ Smooth & Shine range is designed for those who see their hair as a statement of refinement - delivering silky smoothness, frizz-free control and a dazzling, mirror-like gloss. With feather-light textures and advanced formulations, this collection ensures your hair not only looks radiant but feels luxuriously touchable, all day long. Developed with the modern trend-setter in mind, this versatile line offers more than just shine. It brings together frizz control, detangling, heat protection and long-lasting humidity defence to transform unruly textures into effortlessly sleek, polished styles. Whether…

05 Sep

West Bengal residents show 100% life insurance awareness, study finds

Business BureauBusiness

A new study by the Insurance Awareness Committee (IAC-Life) in collaboration with Kantar has revealed that West Bengal is among the most financially aware states in India, recording 100% life insurance awareness and a high level of trust in long-term financial planning. According to the findings, 40% of respondents already own a life insurance policy, with 52% of them holding their plans for more than six years. About 25% of residents intend to buy a policy within the next three months, underlining rising interest in financial security. The top motivation for both buyers (60%) and intenders (68%) remains protecting the…

05 Sep

Medanta Noida harnesses latest tech to redefine healthcare innovation

Business BureauBusiness

Global Health Limited (Medanta), one of India’s leading private healthcare providers, has set a new benchmark in medical technology and innovation with the launch of its 550-bed super specialty hospital in Noida. The facility integrates next-generation healthcare solutions, underscoring Medanta’s mission to combine clinical excellence with technological advancement. Currently operational with 300 beds, the hospital features over 100 ICU beds and five modular operating theatres. Among its standout innovations are the Da Vinci Xi Surgical Robot for precision surgeries, the Artis Icono AI-driven Biplane Cath Lab for advanced cardiac interventions, a 3 Tesla MRI, and a 256-Slice Dual Source CT…

04 Sep

M&M shares gain 7%, while other OEMs struggle to maintain gains

Business CorrespondentBusiness, News

After rationalisation of GST rates, investors' interest in auto stocks has increased with a significant reduction in GST rates in the new rate structure. The Nifty Auto index opened with a gain of over 3.5% on Thursday morning after the GST hike. Among all other stocks, M&M and Eicher Motors were the top two gainers on the index. M&M shares rose nearly 7% to hit a high of ₹3,550 per share on the NSE. The stock is currently trading 6.4% higher at ₹3,494 per share. While other carmakers are trading in the green with gains of up to 1%, trimming…

03 Sep

Bajaj Finance shares increase for fourth consecutive session

Business CorrespondentBusiness, News

Non-banking financial company Bajaj Finance Ltd continued its winning streak for the fourth consecutive trading session on Tuesday, September 2, 2025. On the National Stock Exchange (NSE), the stock opened at ₹895, higher than its previous close of ₹889.35. The stock then hit an intraday high of ₹899.55. As of 2:03 pm, shares of Bajaj Finance Ltd were trading 0.10% lower at ₹888.40. The company's market capitalisation as of September 2 was ₹5,52,774.18 crore. In the last four days, Bajaj Finance shares have gained 1.71%. On a monthly basis too, the stock has gained 0.34%. So far in 2025, it…

03 Sep

KOLKATAWOOD 2025 Set to Transform Eastern India’s Wood and Furniture Sector

Business BureauBusiness

Eastern India’s furniture and mattress industry is set for a major boost with KOLKATAWOOD 2025, scheduled from September 12–14, 2025, at Biswa Bangla Mela Prangan, Kolkata. Organised by Nuernberg Messe India, the exhibition extends the INDIAWOOD legacy, connecting global manufacturing technology and materials with fast-growing regional markets. Economic indicators point to rising demand across Eastern India, fueled by rapid urbanisation, infrastructure expansion, and increasing disposable incomes. With 150+ brands participating, KOLKATAWOOD will offer live demonstrations, B2B matchmaking, and skilling sessions, bridging modern manufacturing with local business ecosystems. The Indian furniture market, valued at USD 23.9 billion in 2023, is projected…

03 Sep

Amway’s Nutrilite earns NFSU trusted recognition for five flagship supplements

Business BureauBusiness

Amway India today announced that five of its flagship Nutrilite supplements have been awarded the prestigious NFSU-NSTS Trusted Recognition by the Centre of Excellence – National Supplement Testing for Sportspersons (CoE-NSTS) at National Forensic Sciences University, Gujarat. This recognition endorses Nutrilite All Plant Protein, Nutrilite Cal Mag D Plus K2, Nutrilite Glucosamine HCL with Boswellia, Nutrilite Salmon Omega-3 Softgels, and Nutrilite Daily Plus as compliant with international standards set by the World Anti-Doping Agency (WADA). The certified products are independently tested for unsafe substances and will now feature the “NFSU-NSTS Trusted” mark on their packaging, providing an added layer of…

03 Sep

Medanta’s Dr. Ashok Rajgopal crosses 40,000 knee replacements, givies new hope to patients across India

Business BureauBusiness

Behind every medical milestone lies a story of changed lives. MedantaGurugram, recently ranked India’s Best Private Hospital by Newsweek for the sixth consecutive year, has celebrated one such achievement as Dr. Ashok Rajgopal, Group Chairman – Medanta Institute of Musculoskeletal Disorders and Orthopaedics, completed 40,000 knee replacement surgeries. Patients who once struggled with basic mobility shared how the procedures restored their independence, underscoring the human impact behind the numbers. The demand for such procedures is growing sharply in India, where nearly 60 million people are projected to suffer from knee osteoarthritis by 2025. Annual knee replacements have surged past 2.5…