Business News Northeast - Latest Business Northeast News & Updates

11 Aug

TATA AIA Life empowers Mizoram’s students with digital classrooms, boosts insurance awareness across state

Business BureauBusiness

TATA AIA Life Insurance has launched a comprehensive CSR initiative introducing smart classrooms in eight government schools across Aizawl. The three-year project (2024–2026) aims to impact 1,436 students with digital tools, enhanced infrastructure, and localized e-learning content created in collaboration with Teachmint Edutech. According to the ASER 2024 report, only 10.6% of schools in Mizoram have computer facilities. Addressing this gap, Tata AIA’s initiative includes teacher training workshops, interactive content in core subjects, and hardware support such as projectors and connectivity devices. “Our role in Mizoram goes beyond insurance. We’re committed to uplifting communities through digital and educational empowerment,” said…

09 Aug

Medanta Achieves Highest Ever Quarterly Total Income and EBITDA in Q1 FY2026

Business BureauBusiness

Global Health Limited (Medanta), one of the largest private multi-specialty tertiary care providers in North and East India, posted its highest-ever quarterly performance for Q1 FY26, with total income rising 19.1% year-on-year to ₹10,513 million. EBITDA grew 22.6% to ₹2,553 million, while Profit After Tax surged 49.6% to ₹1,590 million. The growth was driven by a 13.3% rise in occupied bed days, improved ARPOB of ₹66,584, and strong performances from both mature and developing hospitals. International patient revenue jumped 33.8% to ₹636 million. OPD pharmacy revenues also saw a 21.6% increase. CEO Pankaj Sahni credited the robust results to higher…

08 Aug

Ramco Cements Q1 profit upgrade to Rs 181.58 crore

Business CorrespondentBusiness, News

New Delhi, Ramco Cements Ltd has reported a consolidated net profit of Rs 181.58 crore in the June quarter of FY26, driven by improved cement prices and operational efficiency. According to a regulatory filing released by Ramco Cements on Thursday, the company had posted a net profit of Rs 36.57 crore in the June quarter of the previous fiscal. Its revenue from operations declined marginally to Rs 2,074 crore in the June quarter of FY26 from Rs 2,093.55 crore in the corresponding period of the previous fiscal. "During Q1 FY26, cement sales stood at 40 lakh tonnes as against 42.9…

08 Aug

Akasa Air marks 3-year milestone with 19 million flyers, eyes global expansion

Business BureauBusiness

Akasa Air, India’s fastest-growing airline, celebrated its third anniversary by achieving a remarkable milestone of flying over 19 million passengers, with 8 million carried in the past 12 months alone. Launched on August 7, 2022, with a Mumbai-Ahmedabad flight, Akasa has now expanded its network to 28 cities including five international destinations, backed by a fleet of 30 Boeing 737 MAX aircraft. Founder and CEO Vinay Dube emphasized Akasa’s commitment to becoming a “generational institution in global aviation,” with a focus on safety, people-first policies, and innovation. The airline boasts a 49% revenue jump in FY25, industry-leading load factors over…

08 Aug

TRAI evaluates mobile network quality in Arunachal and Nagaland; Itanagar sees strong 5G performance

Business BureauBusiness

The Telecom Regulatory Authority of India (TRAI) has released findings from its Independent Drive Test (IDT) conducted across key locations in Arunachal Pradesh and Nagaland, including Itanagar, Naharlagun, Dimapur, Kohima, and the strategic Itanagar–Bumla Pass (Tawang) highway. The test, carried out from June 2 to 23, assessed real-time voice and data performance across urban, rural, and highway settings, covering 270.3 km of city roads, 526.6 km of highways, and 28 hotspot zones. Key telecom players—Airtel, BSNL, RJIL, and VIL—were assessed across technologies from 2G to 5G. Airtel and RJIL led in Call Setup Success Rates (90.11% and 89.73% respectively), while…

08 Aug

Kameng Kings launch jersey and logo spotlighting Rising Cricket Star TNR Mohit ahead of Arunachal T20 Championship

editorBusiness

In a spirited event that blended culture, ambition, and cricketing fervor, the Kameng Kings officially unveiled their jersey and logo ahead of their debut in the Techi Tagar Arunachal T20 Championship. The evening was marked by an electrifying sense of pride as the team introduced their icon — TNR Mohit — a young spin sensation who has emerged as a beacon of Arunachal Pradesh’s cricketing future. The Kameng Kings, representing the resilient Kameng region, are set to compete in the state’s premier cricket tournament, which will feature eight competitive teams and is being hosted entirely in Guwahati. The launch event…

07 Aug

Hero MotoCorp Q1 results: Standalone net profit steady at ₹1,126 crore, revenue downfall 6% year-on-year

Business CorrespondentBusiness, News

Two-wheeler maker Hero MotoCorp on Sunday, August 6, reported a steady rise in standalone net profit to ₹1,126 crore for the first quarter ended June 30, 2025 (Q2FY26) as against ₹1,123 crore in the corresponding quarter of the previous fiscal. The Gurgaon-based company's revenue stood at ₹9,579 crore in the quarter under review, up 6% from ₹10,144 crore in the same quarter a year ago. At the operating level, Hero MotoCorp's earnings before interest, tax, depreciation and amortization (EBITDA) stood at ₹1,382 crore as against ₹1,460 crore last year, a decline of 5.3%. EBITDA also remained stable at 14.3%. On…

07 Aug

Royal Stag BoomBox drops ‘Maybe’ with Armaan Malik and Ikka

Business BureauBusiness

Royal Stag BoomBox, in partnership with Universal Music Group, has released its third original track of the season, Maybe, featuring the melodic vocals of Armaan Malik and the lyrical finesse of rapper Ikka. The track, now live on all major audio platforms, captures the emotional tension of modern love — hovering between hope and hesitation. As part of the second season of Royal Stag BoomBox Originals, Maybe follows the success of hits like Sigh and Sajna Mera, reinforcing the brand’s mission to celebrate the youth’s passion for music through bold genre-blending collaborations. This initiative continues to spotlight “The Original Sound…

06 Aug

DCCDL Q1 profit rose 26% on increase in rental income

Business CorrespondentBusiness, News

New Delhi, DCCDL, a joint venture company of DLF and GIC, reported a 26 per cent rise in net profit to Rs 593 crore during the June quarter. The rise was due to rise in income from rental-based commercial properties. DLF Cyber City Developers Ltd (DCCDL)'s net profit stood at Rs 470 crore in the same period a year ago. Total income during the April-June period of this fiscal rose 12 per cent to Rs 1,739 crore from Rs 1,553 crore in the same period last year. DCCDL is a joint venture of DLF and Singapore's sovereign wealth fund GIC.…

06 Aug

Sanofi Consumer Healthcare reports 28% revenue surge in Q2, PAT rises to Rs 607 million

Business BureauBusiness

Sanofi Consumer Healthcare India Limited (BSE: 544250 | NSE: SANOFICONR) has posted a robust financial performance for the second quarter of 2025, registering a 28% year-on-year increase in revenue to ₹2,209 million. The company also reported a 21% rise in profit after tax (PAT), which stood at ₹607 million. The growth was primarily fuelled by the commencement of export operations, successful product launches, and the relaunch of key brands. Sales grew by 27.5% quarter-on-quarter and 27.6% compared to the same quarter last year. Commenting on the results, Himanshu Bakshi, Managing Director, Sanofi Consumer Healthcare India Limited, said: “Our commitment to…