Business News Northeast - Latest Business Northeast News & Updates

23 May

Veet launches new campaign with sensitive variant, targets intimate grooming confidence

Business BureauBusiness

Veet, a global leader in hair removal solutions, has unveiled its latest campaign ; ‘Veet’s Smoothest Way to Sexy’ with a fresh message of empowerment and confidence in intimate grooming. The campaign introduces Veet Pure Sensitive Hair Removal Cream, a rich and creamy, dermatologically tested formula specially designed for full bikini area use. Tapping into a real but often unspoken concern, Veet addresses the hesitation many women feel about grooming sensitive areas. Unlike traditional painful or time-consuming methods, this product offers a quick, painless alternative, delivering smooth results without the risk of cuts or irritation. Kanika Kalra, Regional Marketing Director,…

23 May

Aluminium futures prices rose on fresh deals

Business CorrespondentBusiness, News

New Delhi, May 22: Aluminium prices rose marginally by 10 paise to Rs 239.80 per kg in futures trade on Thursday as speculators created fresh deals amid positive trend in the spot market.Aluminium contracts for June delivery rose 10 paise, or 0.04 percent, to Rs 239.80 per kg on the Multi Commodity Exchange in a business of 3,032 lots.Analysts said fresh deals by traders amid demand from consumer industries supported aluminium prices in the futures market.

22 May

Crude oil futures rise due to spot demand

Business CorrespondentBusiness, News

New Delhi, May 21: Crude oil prices rose by Rs 51 to Rs 5,385 per barrel in futures trade on Wednesday as participants increased the size of their deals due to strong spot demand.Crude oil prices for June delivery rose by Rs 51 or 0.96 percent to Rs 5,385 per barrel on the Multi Commodity Exchange in a business of 10,225 lots.Analysts said crude oil prices rose in futures trade as participants increased their bets.Globally, West Texas Intermediate crude was trading 0.70 percent higher at $62.73 per barrel in New York, while Brent crude was up 1.02 per cent at…

20 May

Successful Conclusion of “Byatikram Education Conclave 3.0” Held in Nagaland

Business BureauBusiness

On May 17, Byatikram Education Conclave 3.0 concluded successfully at Latika Cinema Hall, Dimapur, Nagaland. Organized by Byatikram Group a socio-cultural organization in Northeast India, aims to bridge gaps in education, healthcare, economy, society, and culture, while guiding students and the younger generation toward thoughtful and purposeful career choices. The day-long conclave, held from 10 AM to 4 PM, brought together students, academicians, policymakers, and representatives from diverse communities across the region. The event was inaugurated by the Hon’ble Governor of Nagaland, His Excellency, Shri La Ganesan and commenced with the national anthem and ceremonial lamp lighting. It also featured…

20 May

North East Apprenticeship Pilot Scheme launched by Hon’ble CM of Mizoram Shri Lalduhoma and Hon’ble Union Minister Shri Jayant Chaudhary

Business BureauBusiness

Reaffirming the Government of India’s commitment to inclusive growth and regional empowerment, the Ministry of Skill Development and Entrepreneurship (MSDE) has launched a strategic pilot scheme to promote apprenticeship training in the North Eastern Region (NER). The scheme was jointly launched in Aizawl by Shri Lalduhoma, Hon’ble Chief Minister of Mizoram, and Shri Jayant Chaudhary, Hon’ble Minister of State (Independent Charge), Ministry of Skill Development and Entrepreneurship. Anchored in the Hon’ble Prime Minister Shri Narendra Modi’s vision of Ashta Lakshmi and Viksit Bharat, Viksit North East, the initiative aims to provide structured, paid, and high-quality apprenticeship opportunities to youth across…

20 May

Zomato shares reduce 5%, analysts raise concerns over intensifying competition; Swiggy also drops nearly 2%

Business CorrespondentBusiness, News

Zomato Share Price: Zomato shares fell 5% to ₹264.85 per share on the NSE after global brokerage firm Jefferies raised concerns over rising competition in the quick commerce space. After Zomato's shares more than doubled in value in 2024, analysts at Jefferies forecast that 2025 could be a breather year, with the stock possibly shifting gears into a price consolidation phase. According to news reports, the brokerage said that aggressive strategies by existing players and entry of new competitors could lead to higher discounts, which could pose risks to Zomato's medium-term profitability. The brokerage said that apart from Zomato's Blinkit,…

19 May

Aluminium Futures inflation on Fresh Bets

Business CorrespondentBusiness, News

New Delhi, May 19 Aluminium prices on Monday rose marginally by Rs 1.25 to Rs 239.10 per kilogram in the futures market as speculators built up fresh positions amid a positive trend in the spot market. On the Multi Commodity Exchange, aluminium for delivery in June increased Rs 1.25 or 0.52 percent to Rs 239.10 per kg in 2,154 lots. Analysts said fresh positions created by traders amid demand from consuming industries supported aluminium prices in the futures market.

19 May

Security force deployment for Arunachal’s SUMP project sparks massive protests

Business BureauBusiness

The Indian government’s deployment of Central Armed Police Forces (CAPFs) in Arunachal Pradesh’s Upper Siang, Siang, and East Siang districts to support the Siang Upper Multipurpose Project (SUMP) has triggered widespread unrest. Three CAPF companies have been stationed at Geku, Uggeng, and Jengging in Upper Siang, with additional forces deployed in Yingkiong, Begging, Parong, Boleng, and Pasighat to assist the NHPC survey work. Thousands of locals from Geku, Parong, and Pasighat gathered in Parong village on December 15, 2024, demanding the immediate withdrawal of the paramilitary forces and suspension of the SUMP project. Protesters view the security deployment as an…

19 May

Medanta’s Healthcare expansion brings new hope and convenience to Northeast consumers

Business BureauBusiness

Medanta, one of India’s fastest-growing healthcare providers, has announced strong Q4 FY25 financial results, with revenue up 14% to INR 9,542 million and EBITDA rising 20% to INR 2,476 million. For the first time, Medanta is declaring a 25% dividend, rewarding its investors and signaling robust business health. Alongside financial growth, Medanta continues to expand its hospital network, including upcoming facilities in Noida, Mumbai, Pitampura, Ranchi, and Guwahati. For consumers in the Northeast this expansion means easier access to quality healthcare services that were once out of reach. Residents welcome the prospect of advanced medical care closer to home, reducing…

17 May

Samsung launches ‘Solve for Tomorrow 2025’ with Rs 1 crore grant to ignite Gen Z Innovation

Business BureauBusiness

Samsung India has launched the fourth edition of its flagship CSR initiative, Solve for Tomorrow 2025, aimed at empowering youth aged 14-22 to tackle real-world problems using technology. The initiative will offer over ₹1 crore in grants, with the top four teams receiving ₹1 crore for incubation at IIT Delhi. Additionally, the top 20 and top 40 teams will receive ₹20 lakh and ₹8 lakh respectively, along with latest Samsung gadgets. This year’s programme introduces global themes including Social Change through Sports, Tech for Education and Better Futures, and Environmental Sustainability via Technology. The competition runs for six months, with…