Business News Northeast - Latest Business Northeast News & Updates

03 Jul

M&M posts increase , closes in red despite 14% YoY rise in total auto sales

Business CorrespondentBusiness, News

Shares of Mahindra & Mahindra Ltd (M&M) on Tuesday, July 1, jumped 1.09% to hit an all-time high of ₹3,218 per share on the National Stock Exchange (NSE). However, it closed 0.23% lower at ₹3,176 per unit. This comes after the carmaker reported a 14% year-on-year (YoY) rise in its total auto sales to 78,969 units in June 2025. In the month under review, the automaker sold 47,306 utility vehicles in the domestic market segment (including exports), an 18% YoY rise from 40,022 sales in the same month last year, M&M said in a regulatory filing. "Domestic sales of commercial…

02 Jul

DMart Q1 update: Revenue forecast to grow 16%

Business CorrespondentBusiness, News

Avenue Supermarts Ltd has forecast a 16% year-on-year revenue growth in the first quarter of FY2026. Standalone revenue for the operator of the DMart retail chain is estimated to grow to Rs 15,932.1 crore during the April-June period, according to a quarterly business update released to the stock markets on Wednesday. As of June 30, the DMart retail chain operator has 424 stores across India. Last month, DMart announced the opening of its first flagship store in Uttar Pradesh. The new store, located at Rattan Mall in Agra, is a strong move for the retail giant, which previously had a…

02 Jul

Castrol expands auto care line with three new products for better vehicle maintenance

Business BureauBusiness

Castrol India Limited has expanded its Auto Care portfolio with the launch of three new maintenance products—Throttle Body Cleaner, Fuel Injector & Carburettor Cleaner, and Brake Cleaner. This move aims to empower workshops and service technicians with effective tools to improve vehicle performance and reduce service downtime. The new range supports critical component cleaning in both two- and four-wheelers, aligning with Castrol’s goal of delivering high-quality, easy-to-use solutions suitable for modern engines and braking systems. “With these new additions, we’re enabling professional-grade service to meet the demands of India’s evolving driving conditions,” said Rohit Talwar, Vice President-Marketing, Castrol India. Kolkata’s…

01 Jul

TVS Motor sales increase 10% to 402,001 units in June, 3W sales rise 42%

Business CorrespondentBusiness, News

TVS Motor Company on Tuesday reported a 20 percent rise in total sales to 4,02,001 units in June. The company had reported total sales of 3,33,646 units in June 2024. Two-wheelers recorded a growth of 20 percent, with sales increasing from 3,22,168 units in June 2024 to 3,85,698 units in June 2025, TVS Motor Company said in a statement. The domestic two-wheeler segment recorded a growth of 10 percent, with sales increasing from 2,55,734 units in June last year to 2,81,012 units in June this year. Three-wheeler sales grew 42 percent year-on-year to 16,303 units in June. The company's total…

01 Jul

Rapido’s 15-city expansion signals mobility-driven economic boost across West Bengal

Business BureauBusiness

Rapido, India’s largest ride-sharing platform, has broadened its footprint in West Bengal with a strategic expansion into 15 new cities including Krishnanagar, Purulia, Malda, Kharagpur, and Murshidabad. With this move, Rapido now offers Bike Taxi and Auto services across all districts of the state—enhancing last-mile connectivity and injecting new momentum into regional mobility infrastructure. This expansion is projected to stimulate significant economic ripple effects. Rapido, which facilitates over 4 million rides daily nationwide, has already generated more than 9 million jobs in India. Its latest rollout is set to create 1 lakh new income opportunities, primarily through onboarding of local…

01 Jul

Honda promotes road safety among 2000 students in Midnapore

Business BureauBusiness

Honda Motorcycle and Scooter India (HMSI) conducted a large-scale road safety awareness programme in Midnapore, West Bengal. The initiative engaged over 2,000 students and staff from RNLK Women’s College and the Government Industrial Training Institute through interactive sessions designed to instil road discipline and safe riding habits from a young age. The campaign featured theory lessons on road signs, riding posture, and helmet usage, along with practical training using Honda’s virtual riding simulator and Kiken Yosoku Training (KYT) to build real-world awareness. Participants also honed their skills with slow riding and narrow plank activities. This effort is part of HMSI’s…

30 Jun

Guarseed futures prices increase on spot demand

Business CorrespondentBusiness, News

New Delhi, Guarseed prices rose by Rs 54 to Rs 5,108 per quintal in futures trade on Monday as speculators increased the size of their deals amid a strong trend in the spot market. Guarseed contract for July delivery on the National Commodity and Derivatives Exchange rose by Rs 54, or 1.06 per cent, to Rs 5,108 per quintal with open interest traded in 36,775 lots. According to market sources, guarseed prices rose mainly due to speculators increasing their deals, strong trend in the spot market and lower supplies from producing regions.

28 Jun

Delhi-NCR home sales expected to increase 16% in Q2

Business CorrespondentBusiness, News

New Delhi, Home sales in Delhi-NCR are estimated to grow 16 percent to over 11,700 units during the current April-June quarter due to high demand for luxury homes and new launches, according to PropEquity. Home sales in Delhi-NCR are estimated at 11,703 units in April-June 2025, up from 10,114 units in the year-ago period, according to real estate data analytic firm PropEquity. New supply is estimated at 13,823 units in the second quarter of this year, up 37 percent from 10,084 units in the year-ago period. "Delhi-NCR witnessed maximum growth this quarter due to increased supply in Ghaziabad and Greater…

28 Jun

Ather Energy accelerates NE expansion, launches Mizo warp club in Aizawl

Business BureauBusiness

Ather Energy Ltd., one of India’s leading electric two-wheeler manufacturers, is intensifying its focus on the North East with the launch of five new outlets across the region and the introduction of the Mizo Warp Club in Aizawl. This new initiative aims to recognize early EV adopters in Mizoram and foster a growing community of electric vehicle enthusiasts. With Mizoram at the forefront of EV adoption in the region, Ather sees vast potential in the state’s scooter-centric market. “Mizoram is the flagbearer of EV adoption in the North East,” said Saurabh Sharma, Head of Marketing at Ather Energy. “Our scooters,…

27 Jun

Gold prices fall: Futures prices decline by Rs 1,075

Business CorrespondentBusiness, News

New Delhi, Gold prices fell by Rs 1,075 to Rs 96,012 per 10 grams in futures trade on Friday amid weak spot demand. Gold contracts for August delivery on the Multi Commodity Exchange fell by Rs 1,075, or 1.11 percent, to Rs 96,012 per 10 grams in a business turnover of 14,412 lots. Analysts attributed the fall in gold prices to weak global cues. In international markets, gold futures in New York fell 1.25 percent to $3,306.10 an ounce.