Business News Northeast - Latest Business Northeast News & Updates

19 Jul

‘SIGH’ sets the tone; Royal Stag BoomBox Returns with bold bollywood-hip-hop fusion

Business BureauBusiness

Royal Stag BoomBox, the flagship music IP from Seagram’s Royal Stag in collaboration with Universal Music Group, has launched its first original of the season — ‘SIGH’, a powerful fusion of Bollywood melody and hip-hop featuring Nikhita Gandhi and Dino James. Released across all major streaming platforms, the track marks the beginning of a bold new chapter in the BoomBox Originals lineup. Blending smooth vocals with sharp hip-hop rhythms, SIGH celebrates self-expression and confidence, reflecting the brand’s “Live It Large” philosophy. Nikhita Gandhi called the collaboration “refreshing,” while Dino James praised it as “bold, authentic, and unapologetically honest.” Pernod Ricard…

19 Jul

Indian Overseas Bank Q1 results: Net profit gain 76% y-o-y to ₹1,111 crore; net profit (NII) up 13%

Business CorrespondentBusiness, News

Indian Overseas Bank (IOB) reported a 75.56% rise in its standalone net profit y-o-y to ₹1,111 crore in the June quarter of FY 2025-26 (Q1 FY26). Its profit stood at ₹632.8 crore in the same period a year ago. The bank's net interest income jumped 13% y-o-y to ₹2,747 crore in the quarter under review, as against ₹2,441 crore in Q1 FY25. Its net interest turnover grew to ₹2,746 crore in the June quarter of FY26, up 12.4% from ₹305 crore in the first quarter of FY25 to 10.8%. The asset quality of this publicly owned company has improved, with…

18 Jul

Aluminium futures prices increase on speculators’ bets

Business CorrespondentBusiness, News

New Delhi, Aluminium prices rose by 80 paise to Rs 250.25 per kg in futures trade on Friday as speculators created fresh positions amid positive trend in the spot market. At the Multi Commodity Exchange, the price of aluminium contract for August delivery rose by 80 paise or 0.32 percent to Rs 250.25 per kg in a business turnover of 1,889 lots. Analysts said fresh positions created by traders amid demand from consumer industries supported aluminium prices in the futures market.

18 Jul

JSW Cement unveils CHD JalKavach

Business BureauBusiness

JSW Cement has launched CHD JalKavach, a revolutionary super-premium cement powered by Turbo Gel Technology, marking India’s first water-repellent cement specifically engineered for moisture-prone regions like West Bengal and Bihar. Announced by JSW Cement CEO Nilesh Narwekar, the product promises superior resistance to seepage, dampness, and corrosion—common challenges during the monsoon season in Eastern India. “The weather in this region compromises concrete longevity. CHD JalKavach is a targeted solution for stronger, longer-lasting structures,” said Narwekar. Formulated with a polymer-enriched hydration matrix, the Turbo Gel Technology enhances compressive strength and workability. The cement’s slag-based composition also supports JSW’s sustainability goals, offering…

17 Jul

Paytm shares increase for fifth consecutive session, trade above ₹1,000 for first time in 2025

Business CorrespondentBusiness, News

Shares of One97 Communications, the parent company of payment service provider Paytm, rose for the fifth consecutive session on Wednesday, July 16. According to BSE data, Paytm shares have gained nearly 12% in the last five trading sessions and are trading above its important psychological level of ₹1,000 for the first time this year. In intraday deals on Wednesday, Paytm shares rose as much as 2.5% to hit an intraday high of ₹1,013.75. Buying interest in Paytm shares increased after reports that the stock would be upgraded to the MSCI Standard Index. According to brokerage firm Motilal Oswal, Paytm is…

17 Jul

Flavors Galore: Flipkart’s Food Fest 2.0 with Ranveer Brar & Pooja Dhingra

Business BureauBusiness

Flipkart, India’s homegrown e-commerce marketplace, successfully hosted the second edition of Food Fest 2025, an immersive celebration of India’s evolving food culture. The event was held on July 8 and 9 at the Flipkart campus in Bengaluru, and the fest extended online through a curated sale between July 5 to July 10, offering shoppers access to gourmet food collections, new launches, and limited-time offers across top brands. The event brought together celebrated chefs, top creators, iconic brands, and food enthusiasts from across the country, reaffirming Flipkart’s commitment to shaping the future of gourmet food discovery and commerce in India. The…

17 Jul

LG Electronics India unveils the AI-powered OLEDevo & QNEDevo TV line-up for 2025

Business BureauBusiness

LG Electronics India today unveiled its much-anticipated 2025 OLEDevo and QNEDevo television line-up, featuring the latest Alpha AI Processor Gen2 and next-generation personalization features. The TVs aim to deliver smarter, sharper, and more immersive viewing experiences, setting a new benchmark in the premium smart TV segment. The heart of the new range is LG’s AI-driven technology, which includes features like ‘AI Voice ID’, ‘AI Concierge’, and an intuitive Magic Remote, offering real-time personalization for every user. The OLED evo series boasts Brightness Booster Ultimate and the new Filmmaker Mode® with Ambient Light Compensation, while the QNED evo models leverage Mini…

16 Jul

Aluminium futures downgrade on low demand

Business CorrespondentBusiness, News

New Delhi, Aluminium prices fell by 70 paise to Rs 248.80 per kg in futures trade on Wednesday as traders offloaded their positions following a weak trend in the spot market. At the Multi Commodity Exchange, aluminium contracts for August delivery fell by 70 paise, or 0.28 percent, to Rs 248.80 per kg in a business turnover of 1,525 lots. Analysts said aluminium prices fell mainly due to traders offloading their positions on account of weak demand from consuming industries.

16 Jul

slice Small Finance Bank expands in Mizoram, creates 400+ jobs across Northeast

Business BureauBusiness

slice small finance bank (slice SFB), headquartered in Assam, is strengthening its footprint in the Northeast with the launch of its Serchhip branch and the upcoming opening of a second branch in Bawngkawn, Mizoram. The move is part of the bank’s broader mission to drive financial inclusion in underserved regions while generating over 400 new jobs in the Northeast in the past year alone. slice SFB's latest expansion in Mizoram brings a digital-first banking experience tailored for rural households, women-led enterprises, and first-time digital users. “Our mission to deliver banking to the traditionally underbanked revolves around the Northeast—a region with…

16 Jul

Toyota Kirloskar accelerates Northeast expansion with new Gargya Toyota dealership in Guwahati

Business BureauBusiness

Toyota Kirloskar Motor (TKM) inaugurated a new dealership, Gargya Toyota, in Guwahati. This 5,100 sq. ft. 1S (sales) outlet, located at GS Road, Dispur, will retail Toyota’s complete product portfolio—from high-demand models like Innova Hycross, Fortuner, Hilux, and Urban Cruiser Hyryder to premium offerings such as the Camry Hybrid and Vellfire. The facility also includes Toyota U-Trust, enabling customers to buy, sell, and exchange used vehicles, ensuring a convenient ownership experience. The dealership was inaugurated by Mr. Arun G Nair, VP & Chief Representative – East Region, TKM, and Mr. Rahul Dev Sharma, Dealer Principal, who reiterated Toyota’s commitment to…