Business News Northeast - Latest Business Northeast News & Updates

17 May

Oriflame’s ‘All or Nothing Amplified Parfum’ at Rs 5,799

Business BureauBusiness

Oriflame’s All or Nothing Amplified Parfum is a powerfully feminine amber floral fragrance designed to make a bold and unforgettable statement. This luxurious perfume opens with a vibrant burst of juicy Mandarin Oil, Pink Peppercorn, and Scentaurus® Juicy notes, creating an energizing and fresh top accord. At its heart lies the voluptuous Tuberose Absolute from India, expertly blended with daring Red Ginger Oil, adding an unexpected spicy kick that amplifies the floral richness. The fragrance settles into a warm, rich dry down featuring premium Patchouli Oil, a precious Amber accord, and creamy White Vanilla accord, delivering a seductive and long-lasting…

17 May

BHEL reports 3% jump in net profit for Q4FY25

Business CorrespondentBusiness, News

Shares of Bharat Heavy Electricals Ltd (BHEL) rose 2.45% after the company reported a 3% year-on-year rise in net profit to ₹504 crore. Besides, the board of directors also recommended a dividend of ₹0.50 per share. The company's consolidated revenue for the quarter rose 8.8% year-on-year to ₹8,993 crore for Q4FY25 compared to ₹8,260 crore. The power segment, which accounts for nearly 80% of the revenue, witnessed steady growth. While the industry segment saw a 33% rise in revenue, supporting the overall growth. On the operational front, earnings before interest, tax and depreciation grew 14.2% YoY to ₹831 crore compared…

16 May

Future Generali India Life Insurance Empowers Sikkim with Financial Literacy and Life Insurance Awareness

Business BureauBusiness

Marking Sikkim’s 50th statehood anniversary, Future Generali India Life Insurance (FGILI) has intensified its efforts to expand life insurance awareness across the state. As the lead life insurer appointed by the Insurance Regulatory and Development Authority of India (IRDAI), FGILI has reached lakhs of citizens through on-ground and digital campaigns, promoting financial literacy and the importance of life insurance. Through workshops, street plays, and localized meetings, FGILI has engaged deeply with indigenous communities, youth, taxi unions, police officers, and dairy farmers to address the state’s historically low insurance penetration. The outreach emphasized government-backed schemes alongside FGILI’s tailored insurance solutions, aligning…

16 May

JSW Energy net profit inflation 16 percent to ₹408 crore in Q4

Business CorrespondentBusiness, News

JSW Energy on Thursday reported that its consolidated net profit in the March quarter rose 16 percent to ₹408 crore from a year ago, aided by the KSK Mahanadi thermal project and organic wind capacity addition. "Profit after tax grew 16 percent year-on-year, from ₹351 crore in Q4 FY24 (January-March 2024) to ₹408 crore in Q4 FY25, while cash PAT (profit after tax or net profit) grew 8 percent year-on-year, from ₹686 crore in Q4 FY24 to ₹744 crore in Q4 FY25," a company statement said. During the reporting quarter, total revenue grew 21% to ₹3,497 crore from ₹2,879 crore,…

15 May

Glucon-D’s ‘Energy Ka Gola’ boosts summer sales strategy, reaches 10,000+ kids across key Indian cities

Business BureauBusiness

Zydus Wellness has launched a strategic consumer engagement initiative, ‘Energy Ka Gola’, aimed at reinforcing Glucon-D’s market leadership in the glucose-based beverage segment during India’s fluctuating summer. The campaign is targeting over 10,000 children across Kolkata, Mumbai, Hyderabad, and Lucknow with the distribution of 700+ kgs of Glucon-D-infused ice golas in Orange, Mango, and Nimbu Pani flavours, served at 100+ playgrounds and stadiums. Positioned as a functional refreshment solution, the initiative addresses the need for instant energy and immune support among active children exposed to heat, humidity, and monsoon swings. Packed with glucose and Vitamin C, Glucon-D’s formulations are designed…

15 May

TCI’s fourth quarter profit inflation 11.4% to Rs 115.1 crore

Business CorrespondentBusiness, News

Mumbai, May 15 Multi-modal logistics operator Transport Corporation of India (TCI) on Wednesday reported its profit after tax for the March 2025 quarter stood at Rs 115.1 crore, up 11.4 percent over the same quarter last year.The company had reported a PAT (profit after tax) of Rs 103.3 crore in the fourth quarter of FY 2024.Consolidated revenue for the period under review grew 9.3 percent to Rs 1,197.2 crore from Rs 1,095.4 crore in the January-March period of FY 2023-24, TCI said in a statement.The company's earnings before interest, tax, depreciation and amortization (EBITDA) stood at Rs 140.1 crore as…

14 May

Gold futures prices rose: Rs 694 rises to Rs 93,595 per 10 grams

Business CorrespondentBusiness, News

New Delhi, May 14: Gold prices on Tuesday rose by Rs 694 to Rs 93,595 per 10 grams in futures trade as speculators created fresh deals amid strong spot demand.Gold contracts for June delivery on the Multi Commodity Exchange rose by Rs 694, or 0.75 percent, to Rs 93,595 per 10 grams in a business turnover of 12,793 lots.Analysts said fresh deals by participants led to the rise in gold prices.Globally, gold futures in New York rose 0.53 percent to $3,253.57 an ounce.

13 May

Reliance Power stock inflation 12.5% on fourth quarter profit

Business CorrespondentBusiness, News

New, Delhi: Reliance Power stock on Monday jumped over 12.50 percent after the company reported a net profit of Rs 126 crore in the January-March quarter of FY25.The stock gained 12.54 percent to Rs 43.50 on both Group and N units.Reliance Power on Friday reported an overall net profit of Rs 126 crore in the January-March quarter of FY25 on the back of lower expenses.The company had posted a loss of Rs 397.56 crore in the quarter ended March 31, 2024, as per a certificate filing.Total income in the fourth quarter stood at a record Rs 2,066 crore as against…

12 May

Aluminium futures prices marginally inflation: New deals push prices up

Business CorrespondentBusiness, News

New Delhi, May 12: Aluminium prices on Monday rose marginally by Rs 1 to Rs 235.40 per kg in the futures market as speculators created fresh deals amid a positive trend in the spot market.On the Multi Commodity Exchange, the price of aluminium contract for June delivery rose by Rs 1, or 0.43 percent, to Rs 235.40 per kg in a business turnover of 697 lots.Analysts said fresh deals by traders amid demand from consumer industries supported aluminium prices in the futures market.

10 May

MCX Q4 profit inflation 54% to Rs 135 crore

Business CorrespondentBusiness, News

New Delhi, Multi Commodity Exchange of India Ltd (MCX) on Thursday reported a 54.15 percent rise in consolidated net profit to Rs 135.46 crore in the fourth quarter of FY 2024-25 on the back of rise in income.The company had reported a net profit of Rs 87.87 crore a year ago, it said in a regulatory filing.Total income during the March quarter of 2024-25 rose 60.68 per cent to Rs 320.49 crore from Rs 199.45 crore a year ago.Expenses rose to Rs 152.96 crore from Rs 92.96 crore in the said period.For the full year 2024-25, the company reported over…