Business News Northeast - Latest Business Northeast News & Updates

04 Jul

Vedanta Digital Metals Platform Drives Strong MSME Adoption and Sales Surge

nanikaBusiness

Vedanta Metal Bazaar, the world’s largest non-ferrous metals e-store operated by Vedanta Group, has reported strong growth in FY26, processing nearly $5 billion worth of sales through more than 30,000 orders placed by over 600 customers. The platform has also seen significant adoption among Micro, Small and Medium Enterprises (MSMEs), which accounted for a major share of transactions. According to the company, over 450 MSMEs used the digital platform for metal procurement during the year, generating approximately $440 million in transaction value. In addition, Vedanta Metal Bazaar facilitated around ₹1,600 crore in channel financing for more than 100 MSMEs, helping…

04 Jul

Stayfree eyes growth with Xpert XL as menstrual hygiene market evolves

Business BureauBusiness

Stayfree has expanded its menstrual hygiene portfolio with the launch of Stayfree Xpert XL, signalling a renewed focus on innovation as India's feminine hygiene market continues to witness rising consumer demand, greater product differentiation and wider retail penetration. The new product introduces 3-in-1 protection, combining Gel Lock Pockets for deep and instant absorption, an Air Soft Cover for a breathable and gentle feel against the skin, and a compact, individually wrapped design that fits into a pocket, making it easier to carry and dispose of. The product is available in packs of 6, 18 and 40 units, with the six-unit…

03 Jul

Purpose-driven learning gains focus as educators seek to ease academic pressure

Business BureauBusiness

As India places greater emphasis on developing a future-ready workforce, educators are calling for a shift from exam-centric education to purpose-driven learning that nurtures creativity, emotional well-being and lifelong skills alongside academic achievement. Neelima Kamrah, Principal of KIIT World School, said students today face mounting pressure from academic competition, social expectations, peer comparison, digital distractions and career concerns, often leading them to associate learning with stress rather than curiosity. She said while academic excellence remains important, education must encourage children to understand, explore and innovate instead of merely pursuing grades. Kamrah said schools have a critical role in preparing students…

03 Jul

Monsoon raises respiratory health risks, awareness session held in Aizawl on Doctors’ Day

Business BureauBusiness

Highlighting the rise in respiratory illnesses during the monsoon season, Manipal Hospital Broadway organised a pulmonology awareness session in Aizawl on the occasion of National Doctors’ Day to educate residents about seasonal lung diseases, early diagnosis and timely medical intervention. The programme was led by Dr. DebrajJash, Head of Pulmonology at Manipal Hospital EM Bypass & Salt Lake Cluster (Broadway + Salt Lake), who explained that increased humidity, damp conditions, airborne allergens, fungal growth and viral infections during the rainy season can aggravate respiratory diseases. He said patients suffering from asthma, chronic obstructive pulmonary disease (COPD), allergies and weakened immunity…

03 Jul

Kotak Mahindra Bank to acquire Deutsche Bank’s India retail banking business

Business BureauBusiness

Kotak Mahindra Bank has signed a definitive agreement to acquire Deutsche Bank’s retail banking, affluent private banking and wealth management business in India, marking one of the significant consolidation moves in the country's banking sector. The transaction, announced on Tuesday, is aimed at strengthening Kotak’s presence in the affluent and small and medium enterprise (SME) segments while expanding its customer base and wealth management footprint. The business being acquired includes loans worth around Rs 29,000 crore, deposits of approximately Rs 16,000 crore and assets under management valued at Rs 10,500 crore. It serves nearly 1.5 lakh customers through a workforce…

03 Jul

Jio BlackRock Expands Product Line with Two International Funds

nanikaBusiness

Jio BlackRock Asset Management is preparing to launch two global investment funds within the next two months, aiming to tap growing demand among Indian investors for international diversification as domestic equity markets remain range-bound. The initiative is part of the joint venture’s broader expansion strategy, which includes building a presence across all mutual fund categories over the next three years and strengthening its distribution network beyond its current direct-to-investor model. The joint venture between Jio Financial Services and BlackRock has already secured its GIFT City licence and shortlisted around 10 global investment products from BlackRock’s international portfolio after discussions with…

03 Jul

Rs 1,800 EPF Contribution Cap: Here’s How It Could Impact Your Salary and Retirement Savings

anuprovaBusiness

A proposal to retain the Employees' Provident Fund (EPF) contribution cap at Rs 1,800 per month has sparked discussions over its potential impact on employees' take-home salaries and long-term retirement savings. Under the existing framework, the statutory EPF contribution is calculated as 12% of the prescribed wage ceiling, resulting in a maximum mandatory contribution of Rs 1,800 each from both the employee and the employer. For employees whose salaries exceed the wage ceiling, employers are generally required to contribute only up to this limit unless they voluntarily agree to contribute on the higher actual salary. As a result, many workers…

02 Jul

Headline:Adani, IHC Eye $11.5 Billion Aluminium Venture

anuprovaBusiness

The Adani Group and Abu Dhabi-based International Holding Company (IHC) are reportedly planning to establish a $11.5 billion aluminium manufacturing venture, marking one of the largest proposed investments in India's metals sector. The project is expected to strengthen India's aluminium production capacity while supporting the country's ambition to become a global manufacturing hub. According to reports, the proposed venture will focus on building an integrated aluminium business encompassing key stages of the value chain, from raw material processing to the production of value-added aluminium products. The investment is expected to cater to rising domestic demand from infrastructure, construction, renewable energy,…

02 Jul

TVS Motor Hits Reverse-Defying Growth: June Sales Skyrocket 47% to Over 5.9 Lakh Units

nanikaBusiness

TVS Motor Company has reported a phenomenal performance for June 2026, with total monthly sales skyrocketing by 47 percent year-on-year to hit 590,003 units. This massive surge from the 402,001 units recorded in June last year highlights robust demand across both domestic and international markets. The growth was comprehensively driven by the two-wheeler segment, which climbed 47 percent to touch 565,417 units, including a 53 percent jump in scooter sales and a 42 percent rise in motorcycle shipments. The undisputed highlight of the month was TVS Motor’s electric vehicle division. The company's electric two-wheeler sales more than tripled, exploding to…

02 Jul

Tata AIA launches cancer plans with income protection and health fund benefits

Business BureauBusiness

Tata AIA Life Insurance has launched two new cancer-focused insurance solutions—Sampoorna Care - Cancer and Sampoorna Care - Cancer Fund—aimed at addressing not only treatment costs but also the financial impact of income disruption following a cancer diagnosis. The insurer said the products offer flexible payout options, including regular monthly income, lump-sum benefits or a combination of both, with coverage of up to ₹50 lakh. The plans also introduce a savings-linked health fund that allows tax-free withdrawals for health-related expenses and includes an additional accidental total and permanent disability benefit. The launch comes amid growing concern over the financial burden…