Business News Northeast - Latest Business Northeast News & Updates

09 Jul

Capacity Ramp-Up Boosts JSW Steel Production in June Quarter

nanikaBusiness

JSW Steel reported a 3 per cent year-on-year increase in consolidated crude steel production for the first quarter of the financial year, reaching 6.59 million tonnes (MT). The growth came despite a prolonged shutdown of Blast Furnace 3 at the company’s Vijayanagar plant, which underwent a capacity upgrade and resumed hot-metal production only on June 23. The company said that excluding the impact of the shutdown, crude steel production recorded an impressive growth of nearly 15 per cent compared with the same period last year. The increase was driven by the full ramp-up of JVML operations and improved capacity utilisation…

09 Jul

Maharashtra Food Authority Cracks Down on Heera Sweets and K Rustom Ice Cream Over Hygiene Violations

anuprovaBusiness

The Maharashtra Food and Drug Administration (FDA) has initiated action against Heera Sweets and K Rustom Ice Cream after inspections reportedly uncovered serious hygiene lapses, including the presence of rats and houseflies at their food preparation and storage facilities. The inspections were carried out as part of the authority's ongoing drive to enforce food safety standards and ensure compliance with hygiene regulations across food establishments in the state. Officials said the findings raised concerns over sanitation practices, prompting immediate regulatory action against the businesses. According to the food safety authority, inspection teams identified conditions that could pose potential health risks…

09 Jul

Tata Motors drives 27% Q1 sales growth on strong commercial vehicle demand

Business BureauBusiness

Tata Motors began FY27 on a strong note, reporting a 27 per cent year-on-year increase in commercial vehicle sales to 1,08,488 units across domestic and international markets during the April-June quarter, supported by robust demand from infrastructure, mining, logistics and e-commerce sectors. The company said total commercial vehicle sales in June rose 35 per cent to 40,805 units from 30,238 units a year earlier. Domestic commercial vehicle sales increased 31 per cent to 36,599 units, while international business surged 83 per cent to 4,206 units during the month. For the quarter, domestic sales climbed 26 per cent to 1,00,348 units,…

09 Jul

Swiggy partners with Tripura Police to conduct road safety drive for delivery executives

Business BureauBusiness

Swiggy has partnered with the Tripura Police Traffic Unit in Agartala to conduct a road safety and traffic awareness programme for its delivery executives as part of its "Delivering Safely" road safety initiative. The awareness camp focused on promoting safe riding practices, compliance with traffic regulations and educating participants about the consequences of traffic violations.The programme was held under the leadership of Deputy Superintendent of Police (Traffic) Pranob Das and Agartala Traffic Department official Bikash Das, with participation from Swiggy delivery partners. During the event, Swiggy distributed helmets to delivery executives to encourage responsible riding and safer last-mile deliveries. A…

09 Jul

BLS International bags West Bengal contract for Ayushman Bharat card approval services

Business BureauBusiness

BLS International has secured a contract from the Government of West Bengal, in collaboration with the National Health Authority (NHA), to function as one of the Card Approver Agencies for the Ayushman Bharat PradhanMantri-Jan ArogyaYojana (AB PM-JAY) and AyushmanVayVandana Cards. The company will verify and approve beneficiary applications through the NHA's digital platform, covering an estimated 8.5 crore beneficiaries across the state. The contract is expected to strengthen the delivery of health cards and improve access to government healthcare services, particularly for eligible families under AB PM-JAY and senior citizens aged 70 years and above applying for AyushmanVayVandana Cards. BLS…

09 Jul

Yezdi Scrambler to debut on Amazon Prime Day with exclusive customer offers

Business BureauBusiness

JawaYezdi Motorcycles has announced that its Yezdi Scrambler will be launched on Amazon.in's New Launch Store during Amazon Prime Day 2026, scheduled from July 4 to 6. The company said the move will allow Prime members to purchase the motorcycle online while availing a range of exclusive offers. Priced from ₹1,99,950 (ex-showroom, Delhi), the Yezdi Scrambler is powered by a new 350cc liquid-cooled Katar engine and is positioned as India's lightest scrambler, designed for both urban commuting and weekend touring. Customers can complete the purchase online by paying the ex-showroom booking amount, after which an authorised dealer will facilitate the…

07 Jul

Titan Reports Strong Q1 Growth as Jewellery Sales Drive Performance

nanikaBusiness

Titan Company’s consumer businesses recorded a strong performance in the first quarter of FY27, registering 41% year-on-year growth, according to the company’s quarterly business update. The growth was mainly driven by robust demand in the jewellery segment, supported by festive purchases and strong sales during Akshaya Tritiya. During the quarter, Titan added 77 new stores, expanding its combined retail network to 3,680 stores across its various business segments. The company said its jewellery brands witnessed broad-based growth, with stable gold prices supporting customer demand. Titan reported that portfolio buyer growth in jewellery remained in the early double digits, while average…

06 Jul

Taneira bets on festive demand with nationwide season sale on handcrafted ethnic wear

Business BureauBusiness

Tata Group's ethnic wear brand Taneira has launched its nationwide Season Sale, offering discounts of up to 40 per cent on select handcrafted sarees and up to 50 per cent on kurtas and kurta sets, as the retailer looks to tap rising consumer spending ahead of the wedding and festive season. The sale, which began on July 1, is available across Taneira's retail stores and online platform. Encircle loyalty programme members can also avail an additional 5 per cent discount during the first five days of the campaign, enhancing value for repeat customers. The promotional campaign spans an extensive portfolio…

06 Jul

AI Infrastructure Firm Yotta Secures $150 Million Funding

nanikaBusiness

AI infrastructure and data centre company Yotta Data Services has raised approximately $150 million in fresh growth capital from non-institutional investors, valuing the company at around ₹37,000 crore. The funding will be used to strengthen the company's balance sheet and support the next phase of its artificial intelligence and digital infrastructure expansion. According to the company, the capital was raised over the past few months and consists entirely of primary investment, with no promoter offer for sale (OFS). Yotta stated that the entire amount will be invested directly into the business to accelerate growth and expand its AI infrastructure capabilities.…

06 Jul

HDFC Bank Stock Rises 3% Following Strong Q1 Business Update

anuprovaBusiness

Shares of HDFC Bank climbed nearly 3% in early trade after the lender released its business update for the first quarter, highlighting steady growth across key operational metrics. Investor sentiment was boosted by the bank’s healthy expansion in deposits and advances, reflecting sustained business momentum despite a competitive banking environment. The quarterly update indicated continued traction in retail and corporate lending, while deposit growth remained supported by a balanced mix of retail and wholesale contributions. The bank also maintained its focus on improving operational efficiency and strengthening its funding base, reinforcing confidence in its long-term growth strategy. Market participants viewed…