Business News Northeast - Latest Business Northeast News & Updates

27 Oct

Kotak Mahindra Bank Q2FY26 profit at Rs 4,468 crore; strong growth in assets and deposits

Business BureauBusiness

Kotak Mahindra Bank Ltd. on Saturday reported a consolidated profit after tax (PAT) of ₹4,468 crore for Q2FY26, compared to ₹5,044 crore in Q2FY25. The bank’s standalone PAT stood at ₹3,253 crore against ₹3,344 crore a year earlier. Consolidated customer assets, including advances and credit substitutes, rose 13% year-on-year to ₹5,76,339 crore as of September 30, 2025. Total assets under management (AUM) grew 12% YoY to ₹7,60,598 crore, with domestic mutual fund equity AUM up 14% to ₹3,62,694 crore. The bank’s consolidated net worth reached ₹1,67,935 crore, while book value per share rose 14% YoY to ₹844. The capital adequacy…

27 Oct

RBI Approves Reappointment of C S Rajan as Part-Time Chairman of Kotak Mahindra Bank

Business BureauBusiness

Kotak Mahindra Bank Limited (KMBL) announced on Friday that the Reserve Bank of India (RBI) has approved the reappointment of Mr. C S Rajan as Part-Time Chairman for a term spanning January 1, 2026, to October 21, 2027, under Section 10(B)(1A)(i) of the Banking Regulation Act, 1949. Mr. Rajan, an Independent Director on the bank’s board since October 2022, has served as Part-Time Chairman since January 2024. With 46 years of experience in public administration, infrastructure, agriculture, and finance, including his tenure as Chief Secretary of Rajasthan and leadership roles at IL&FS, Mr. Rajan brings strategic depth to Kotak’s governance.…

27 Oct

Tata AIA launches ‘Shubh Family Protect’ to provide immediate and long-term financial security

Business BureauBusiness

Tata AIA Life Insurance Co. Ltd. (Tata AIA) has officially launched Shubh Family Protect, a unique term insurance plan offering an immediate lump-sum payout along with a monthly income for up to 30 years. The plan is aimed at providing holistic financial protection to families, combining short-term relief with long-term stability. Commenting on the launch, Amit Dave, Chief Distribution Officer - Proprietary Business and Allied Channels, Tata AIA Life Insurance, said, “At Tata AIA, we believe in providing more than just financial protection—we believe in making sure that families are supported through every stage of life. Shubh Family Protect is…

27 Oct

Cognizant named title sponsor of 2026 New Delhi Marathon

Business BureauBusiness

Cognizant (NASDAQ: CTSH) has been announced as the title sponsor of the 2026 edition of the New Delhi Marathon, India’s premier AIMS-certified national marathon, set for February 22, 2026. The partnership marks a significant milestone, aligning the global technology and professional services company with one of Asia’s most credible long-distance running events. Celebrating its 11th edition, the marathon has become a symbol of national pride, drawing over 30,000 runners in past editions, including elite athletes, corporate teams, defence personnel, and recreational runners. Participants will compete across multiple categories — Marathon, Half Marathon, 10K, and 5K — highlighting inclusivity for all…

25 Oct

Manipal Hospitals raises alarm over rising cancer cases in North-East, stresses early detection

Business BureauBusiness

Manipal Hospital, EM Bypass, Kolkata, organized an awareness session in Aizawl to highlight the increasing cancer burden in the North-East, emphasizing early diagnosis and timely treatment. The session, part of the hospital’s ‘Anveshana – Medical Education for Media’ initiative, featured leading oncologists including Dr. Sourav Datta, Dr. Arunava Roy, and Dr. Kinshuk Chatterjee, who discussed cancer trends, risk factors, and modern treatment options. The event also showcased the journeys of ten cancer survivors from Mizoram, whose successful treatments at Manipal Hospital Kolkata offered hope to patients and families. Among them, PC Lalsawmliana and Vanlalpari shared their experiences of overcoming advanced-stage…

24 Oct

Samsung’s industry-first nutrition tracking tech for Galaxy Watch: From lab to wrist

Business BureauBusiness

Samsung’s Antioxidant Index on Galaxy Watch8 transforms what once seemed like science fiction into everyday technology. In five seconds, a thumb scan returns precise carotenoid levels – the industry’s first measurable nutrition index. By miniaturizing lab-grade sensor technology with exceptional accuracy, it turns your diet into an actionable metric for healthier aging. Establishing this new benchmark in wearable health tracking required years of intensive R&D, countless prototypes and unwavering grit. Back in 2018, Samsung saw a critical gap in wearables: we could count every step and calorie, yet there was no simple way to measure how our diet impacted our…

24 Oct

Hello Ujjivan App drives Rs 690 crore in transactions, empower first-time digital banking users

Business BureauBusiness

Ujjivan Small Finance Bank’s Hello Ujjivan mobile app has facilitated over ₹690 crore in financial transactions, marking a significant milestone in digital banking for first-time users. Specifically designed for microbanking customers, 98% of whom are women, the app has enabled ₹277 crore in loan repayments, ₹358 crore in deposits, ₹34 crore in individual loan disbursements, and facilitated over 36,000 Hospicare insurance purchases worth ₹2.4 crore. More than five lakh loan acknowledgements have been completed digitally, reducing the need for in-branch visits. Launched as “India’s first voice-visual-vernacular mobile banking app,” Hello Ujjivan operates in 11 Indian languages, including Assamese, Hindi, Bengali,…

24 Oct

Tata Tea Agni Leaf launches Tikuli art – inspired festive packs,strengthens regional connect this Chhath Puja

Business BureauBusiness

Tata Tea Agni Leaf, Bihar and Jharkhand’s leading tea brand, has unveiled limited-edition Chhath Puja packs featuring the 800-year-old Tikuliartform, celebrating the state’s rich cultural heritage. Designed under the guidance of Padma Shri awardee Mr. Ashok Kumar Biswas, the festive packs visually narrate the four-day rituals of NahayKhay, Kharna, SandhyaArghya, and UshaArghya, blending traditional Tikuli motifs with Mithila painting elements. Accompanying the launch is a TVC that captures the essence of Chhath Puja—devotion, family togetherness, and reverence—through symbolic depictions like kharnakikheer, thekua, daura, and arghya, interwoven with glimpses of the Tikuli-inspired packs. The film, enriched by a soul-stirring soundtrack, aims…

22 Oct

Manipal Hospitals Broadway successfully excises rare 7 cm parotid tumour in Mizoram patient

Business BureauBusiness

Manipal Hospitals Broadway has successfully performed a complex surgery to remove a rare and deeply seated parotid tumour in 55-year-old Mizoram resident, Mrs. LallamZuali. The surgery, conducted by Dr. KinshukChatterjee and Dr. Harsh Dhar of the Head and Neck Surgical Oncology team, lasted over six hours and was completed without major complications. The tumour, measuring approximately 7 cm and extending into the parapharyngeal space, was identified as a sarcomatoid transformation of an epithelial-myoepithelial carcinoma after advanced molecular testing and imaging. Mrs. Zuali had presented with a swelling near her left ear, ear pain, and tongue numbness. A multidisciplinary approach ensured…

22 Oct

Classic Legends Makes Festive Season Shopping Easy with ‘Ride Now, Pay in 2026’ Offer

Business BureauBusiness

Classic Legends Pvt. Ltd., known for reviving iconic motorcycles like Jawa, Yezdi, and BSA, has introduced a special festive financing scheme, allowing buyers to take home their dream bikes immediately and defer EMI payments until 2026. The offer, in partnership with L&T Finance Ltd., requires only interest payments for the first two months, with full EMI repayment beginning in January 2026. The scheme covers all models, including the premium BSA Gold Star 650, and extends up to 36 months with quick, 10-minute loan approvals. Sharad Agarwal, Chief Business Officer at Classic Legends, said, “Our ‘Ride Now, Pay in 2026’ offer…