Business News Northeast - Latest Business Northeast News & Updates

12 Jun

Aluminium futures prices increase marginally

Business CorrespondentBusiness, News

New Delhi, June 12: Aluminium prices on Thursday rose marginally by 45 paise to Rs 243.45 per kg in futures trade as speculators created fresh positions amid positive trend in the spot market. Aluminium contracts for July delivery rose by 45 paise, or 0.19 percent, to Rs 243.45 per kg on the Multi Commodity Exchange in a business turnover of 1,166 lots. Analysts said fresh positions created by traders amid demand from consumer industries supported aluminium prices in the futures market.

12 Jun

KISNA expands into Moranhat, Dibrugarh with grand jewellery launch at Usha Jewellers

Business BureauBusiness

KISNA Diamond and Gold Jewellery, one of India’s fastest-growing jewellery brands, launched its exclusive diamond jewellery collection at Usha Jewellers in Moranhat, near Dibrugarh, Assam, on Wednesday. The grand inauguration was attended by renowned singer Kusum Kailash and prominent guests including Suruj Dehingia, Mayur Boruah, Chanakya Gogoi, and Prohelika Sharma. With over 1,500 premium jewellery partners and 80+ exclusive brand showrooms across 29 states, KISNA is now pushing further into Tier 2 and Tier 3 markets, focusing on the Northeast region. The collaboration with Usha Jewellers is a strategic step in its expansion, aiming to deliver a modern, transparent jewellery…

12 Jun

Swiggy launches corporate rewards program in 7,000 companies, eyes expansion to 15,000 by 2025

Business BureauBusiness

Swiggy has rolled out its ambitious Corporate Rewards Program across 7,000 companies nationwide, offering a suite of exclusive benefits for working professionals. The initiative—live in major metros like Delhi NCR, Mumbai, Bengaluru, Chennai, Hyderabad, Pune, and Kolkata—aims to reach over 15,000 organizations by the end of 2025. The program allows employees to access rewards such as discounted Swiggy One memberships, food delivery discounts (Rs. 125 to Rs. 200 off), 20% off on party orders, and up to Rs. 2000 off on SwiggyDineout. Access is granted after verifying a work email via the Swiggy app’s dedicated “Corporate Rewards” section. In Kolkata,…

11 Jun

Gold futures prices inflation due to spot demand

Business CorrespondentBusiness, News

New Delhi, June 11: Gold prices rose by Rs 154 to Rs 97,056 per 10 grams in futures trade on Wednesday as speculators created fresh deals due to strong spot demand. On the Multi Commodity Exchange, the price of gold contracts for August delivery rose by Rs 154, or 0.16 percent, to Rs 97,056 per 10 grams in a business turnover of 13,323 lots. Analysts said fresh buying by participants led to the rise in gold prices. Globally, gold futures rose 0.49 percent to $3,359.90 an ounce in New York.

10 Jun

ZEE5 rebrands with a language-first approach and introduces reasonably priced packs to expand its local presence

Business BureauBusiness

ZEE5 has unveiled a bold new brand identity and strategic pivot toward hyper-personalized, language-first entertainment, reinforcing its position as a leading homegrown OTT platform. With the campaign tagline “ApniBhasha, ApniKahaniyan” (Multiple Languages, Infinite Stories), ZEE5 introduces a vibrant logo, redesigned interface, and revamped subscription plans tailored to seven Indian languages. Starting at ₹120/month, the new language-specific packs include UHD content and Dolby Atmos support, while an All Access pack is available at ₹320/month. The platform plans to release over 130 titles in FY26, including originals, films, and non-fiction content across Hindi, Bengali, Tamil, Telugu, Malayalam, Kannada, and Marathi. ZEE5’s renewed…

10 Jun

Two-wheeler sales to upsurge 8-9% in FY26

Business CorrespondentBusiness, News

Mumbai, June 10 Domestic two-wheeler sales are expected to grow 8-9 percent this fiscal, surpassing pre-Covid-19 levels, a report said on Monday. This includes several other factors including moderating inflation and the possibility of a favourable monsoon.The CareEdge Ratings report also mentioned that the domestic two-wheeler industry has maintained a healthy growth of 8 percent, 10 percent and 11 percent in FY23, FY24 and FY25, respectively.Sales growth in FY25 was supported by a 21 percent export recovery and a 9 percent growth in domestic sales. It said the improvement in exports was led by stability in key markets impacted by…

10 Jun

“Innovation Takes Center Stage: Samsung Solve for Tomorrow Sparks Creativity in Tripura

Business BureauBusiness

Samsung’s flagship innovation challenge, Solve for Tomorrow 2025, is inspiring a new generation of young problem-solvers in Tripura. With a prize pool of INR 1 crore for the top four teams, along with mentorship from Samsung leaders and IIT Delhi faculty, the competition has energized college campuses in the Northeast. Bir Bikram Memorial College and Netaji Subhash Mahavidyalaya in Agartala have become hotbeds of creativity. Students like Tarit Chakma are tackling local issues such as water logging with affordable smart drainage technology. Others, like Sangeeta Dey, aim to address mental health challenges through digital tools in local languages like Kokborok.…

09 Jun

AM/NS India powers rail engineering feats with steel backbone for Chenab and Anji bridges

Business BureauBusiness

ArcelorMittal Nippon Steel India (AM/NS India) has marked a major milestone in nation-building by supplying critical steel for two of India’s most ambitious railway projects—the Chenab Bridge and Anji Khad Bridge. AM/NS India provided 70% of the steel for the world’s highest railway bridge over the Chenab River and 100% for the country’s first cable-stayed railway bridge, the Anji Khad. Both bridges, inaugurated by Prime Minister Narendra Modi, stand as symbols of India’s engineering prowess and its Viksit Bharat 2047 vision. AM/NS India supplied 25,000 MT of high-strength, customised structural steel for the Chenab Bridge, engineered to withstand extreme altitude…

09 Jun

Chartered Speed drives green mobility forward with electric bus launch in Arunachal Pradesh

Business BureauBusiness

In a significant push towards sustainable transportation, Chartered Speed, a leading passenger mobility company, has launched 10 electric buses in Arunachal Pradesh in collaboration with the Arunachal Pradesh State Transport Service (APSTS). The green fleet was officially flagged off by Hon’ble Deputy Chief Minister Chowna Mein at a formal ceremony held today. The 9-meter, air-conditioned electric buses will operate in key cities including Itanagar, Namsai, and Pasighat. To support efficient and uninterrupted service, Chartered Speed has installed EV charging stations at strategic locations in these cities, ensuring minimal downtime and swift turnarounds. “Our partnership with APSTS reinforces our mission to…

09 Jun

Maharashtra and Karnataka drive FDI jump with 51% share in FY25

Business CorrespondentBusiness, News

Maharashtra and Karnataka have emerged as the top destinations for foreign direct investment (FDI) in India during FY2024-25, accounting for more than half of the country's total inflows, according to data released by the Department for Promotion of Industry and Internal Trade (DPIIT).Maharashtra topped the FDI table with foreign inflows of USD 19.6 billion, accounting for 31% of India's total FDI during April-March FY2025.Karnataka stood second with foreign investments of USD 6.62 billion, helping the two states collectively grab 51% of the total inflows. DPIIT data shows Delhi ranked third with USD 6 billion, followed by Gujarat (USD 5.71 billion),…