Business News Northeast - Latest Business Northeast News & Updates

02 Sep

ET Industry Leaders Awards 2025 highlights north east’s business and innovation prowess in Guwahati

Business BureauBusiness

The ET Industry Leaders Awards North East 2025, an initiative by The Times of India in association with Byatikram Group, concluded successfully at Hotel Vivanta, Guwahati, recognizing outstanding achievers across education, healthcare, journalism, art, and social service. The event drew prominent business leaders, innovators, and social contributors from across the North East on a single platform. The ceremony began with the National and State Anthem and a traditional lamp lighting. Distinguished attendees included Lt. Gen. (Retd.) Rana Pratap Kalita, Dr. B. Kalyan Chakraborty, Prof. Dr. Nachiketa Tripathi, actor Nishita Goswami, and Dr. Saumen Bharatiya, President of Byatikram Group. Thirty-one individuals…

02 Sep

Nestlé fires CEO Laurent Freixe over undeclared relationship with subordinate

editorBusiness

Following an internal investigation that revealed he had an undeclared relationship with a subordinate, Nestle fired Chief Executive Laurent Freixe. Nestle veteran Philipp Navratil becomes the next CEO. He joined the company in 2001 and most recently served as the head of the Nespresso division. A statement claims that Freixe was fired after an internal investigation revealed that he had violated Nestle's code of business conduct by having an unreported intimate relationship with a direct subordinate. With the help of outside attorneys, the board said it had authorized the investigation, which was headed by Chairman Paul Bulcke and lead independent…

02 Sep

Flipkart Ramps Up Supply Chain Ahead of Big Billion Days to Boost Delivery Efficiency

Business BureauBusiness

Flipkart, India’s homegrown e-commerce marketplace, today announced a significant expansion of its supply chain infrastructure to strengthen festive readiness for The Big Billion Days 2025. The expansion spans 35 lakh sq. ft. and enhances delivery capabilities across 21,000+ pincodes, with new fulfilment centres and last-mile hubs in Varanasi, Patna, Manesar, Ranchi, Ghaziabad, Agra, and Agartala. The newly operational facilities include a 2.0 lakh sq. ft. centre in Varanasi generating 3,600 jobs, a 4.5 lakh sq. ft. cornerstone in Patna serving over 1,000 pincodes, and a state-of-the-art 140-acre Regional Distribution Center in Manesar creating 10,000 jobs. In the Northeast, Flipkart has…

01 Sep

Bajaj Auto shares upgrade 4%, company releases vehicle sales data for August

Business CorrespondentBusiness, News

Bajaj Auto shares rallied nearly 4% on Monday, September 1. The automaker reported a 5% year-on-year rise in total vehicle wholesales, including exports, in August to 417,616 units. According to its regulatory filing, the Pune-based automaker sold 397,804 vehicles in August 2024. However, the company's total domestic sales (including commercial vehicles) declined 8% to 232,398 units in August as against 253,827 units sold in the same month last year. According to the filing, its total exports grew 29% to 185,218 vehicles in July as against 143,977 units in the same period last year. Total two-wheeler sales, including exports, grew 2%…

01 Sep

HMSI brings a road safety awareness campaign to Tinsukia and Dibrugarh in Assam

Business BureauBusiness

Honda Motorcycle & Scooter India (HMSI) has brought a wave of awareness in Tinsukia and Dibrugarh, Assam, through road safety awareness campaign organized in St. Stephen’s Higher Secondary School (Tinsukia) and St. Mary’s Higher Secondary School (Dibrugarh) where participants turned into road safety champions, steering conversations around mindful riding, smart choices and shared responsibility. The campaign engaged over 2400 participants led by HMSI’s trained road safety instructors. Designed to be as dynamic as the youth it engaged, the campaign featured interactive learning through games, quizzes, sessions on two-wheeler safety, traffic rules and responsible road behaviour. From trying on helmet and…

01 Sep

Bandhan Bank marks 10 years with major CSR drive across India

Business BureauBusiness

Bandhan Bank is celebrating its 10th anniversary with a series of ambitious CSR initiatives targeting healthcare, education, and the environment. The Bank plans to plant 1 lakh trees across 10 states, donate 10 fully equipped ambulances, and support the Ramakrishna Sarada Mission in establishing the Sister Nivedita Heritage Museum & Knowledge Centre in Kolkata. The large-scale plantation drive will span states including Maharashtra, West Bengal, Tamil Nadu, Karnataka, and Madhya Pradesh, combining agroforestry and social forestry techniques to enhance climate resilience, biodiversity, and community livelihoods. The Bank’s collaboration with the Ramakrishna Sarada Mission aims to empower women through education and…

01 Sep

Cognizant CEO Ravi Kumar S. has been named to the 2025 TIME 100 AI list

Business BureauBusiness

Cognizant has announced that CEO Ravi Kumar S. has been named to the 2025 TIME 100 AI list. This prestigious recognition highlights Kumar’s visionary leadership and contributions to the field of enterprise AI. The TIME 100 AI list highlights the most influential leaders, thinkers, scientists, and policymakers across various fields who are shaping today’s AI landscape. Inclusion on this list not only reflects Kumar’s dedication and contributions to advancing AI technology but also underscores Cognizant's commitment to driving innovation and excellence across the industry. The company is now close to reaching 1MM people with skilling and training opportunities on AI and…

30 Aug

ICICI Bank Organises Engagement Session in Agartala

Business BureauBusiness

ICICI Bank hosted an engagement session in Agartala recently, focusing on the ease of doing business in Tripura. The session was graced by Mr. Apurba Roy, Secretary of Finance, Government of Tripura, and Mr. Sanit Debroy, a senior journalist. Mr. Surendra Nidar, General Manager (Officer in Charge), Agartala Office of Reserve Bank of India, joined the proceedings virtually. Mr. Roy underscored the importance of enabling business-friendly ecosystems to drive regional growth in the Northeast, particularly Tripura. He highlighted the pivotal role of private banks in enhancing commercial activity, supporting government banking, and delivering essential financial services. He also outlined strategic…

30 Aug

Reliance Industries share price decrease 2%; 48th Annual General Meeting begins

Business CorrespondentBusiness, News

Reliance Industries shares fell over 2% at 2:45 pm during the ongoing Annual General Meeting. The highlight of the Annual General Meeting was Jio's IPO, which the chairman said is expected in the first half of 2026. Among other major announcements, the Jio IPO announcement was the most watched and was in line with the expected announcements at Reliance's Annual General Meeting. However, investor sentiment remains pessimistic as they expected the telco to go public in 2025. After the recent decline from its 52-week high of ₹1,544 per share on the NSE, Reliance shares have performed steadily in 2025 and…

29 Aug

Vikram Solar shares increase over 1% on the second day of listing, trading nearly 9% higher than the IPO issue price

Business CorrespondentBusiness, News

Vikram Solar Share Price: Shares of solar module maker Vikram Solar are trading in the positive zone on Thursday, August 28, the second day of listing. The stock rose 1.36% to ₹361.25 per share at 11:02 am on the National Stock Exchange (NSE). It gained 5.21% during the day's trade. It has a market capitalisation of ₹13,068.84 crore. The stock is up 8.81% from its issue price of ₹332 per share. The company's shares opened at ₹338, up 1.81% from the issue price on the NSE. It debuted at ₹340 on the BSE, showing a gain of 2.41%. Vikram Solar's…