Business News Northeast - Latest Business Northeast News & Updates

03 May

Medanta has ramped up its healthcare outreach in Northeast India

Business BureauBusiness

In a bid to curb rising diabetic foot amputations and complications from varicose veins in Northeast India, Medanta Hospital organized a press conference in Guwahati, led by Dr. Rajiv Parakh, Chairman of Peripheral Vascular and Endovascular Sciences, Medanta Gurugram. The event spotlighted the alarming connection between diabetes and vascular disease, and promoted early intervention and minimally invasive treatments. Dr. Parakh stressed that uncontrolled diabetes can lead to peripheral artery disease (PAD), poor wound healing, and foot ulcers, increasing the risk of amputation. He also noted that varicose veins, often overlooked as cosmetic, can cause serious complications like bleeding and ankle…

03 May

BSV leads snakebite awareness campaign, focuses on 4A’s for better treatment and prevention

Business BureauBusiness

With the monsoon season heightening the risk of snakebites, Bharat Serums and Vaccines Limited (BSV), a Mankind Group Company, has stepped up its initiatives to combat the growing health crisis, especially in rural areas. As the leader in high-quality snake antivenom for over two decades, BSV is focusing on the 4A’s of Awareness, Accessibility, Availability, and Action to ensure timely and appropriate treatment. Sivani Sarma Deka, COO of India Business at BSV, emphasized, "We believe it is our responsibility to ensure the right treatment is administered at the right time and place. Our efforts are centered around forging multi-sectoral collaborations,…

03 May

Bandhan Bank sees 11% growth in total business, reaches Rs. 2.88 lakh crore

Business BureauBusiness

Bandhan Bank has reported a solid 11% growth in total business for the fiscal year 2024-25, reaching Rs. 2.88 lakh crore. The bank’s performance was buoyed by a 12% increase in total deposits, which now stand at Rs. 1.51 lakh crore. The bank’s robust retail deposit share has also surged, accounting for nearly 69% of total deposits. During the fourth quarter of FY25, Bandhan Bank witnessed a healthy growth in its loan book, rising by nearly 10% year-on-year to Rs. 1.37 lakh crore. The bank’s Current Account and Savings Account (CASA) ratio remained strong at 31.4%, reflecting the efficient mobilization…

03 May

Gold futures prices inflation: Price rises to Rs 92,811 per 10 grams

Business CorrespondentBusiness, News

New Delhi, May 3: Gold prices on Friday rose by Rs 472 to Rs 92,811 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 472, or 0.51 percent, to Rs 92,811 per 10 grams in a business turnover of 14,987 lots.Analysts said fresh deals by participants led to the rise in gold prices.Globally, gold futures in New York rose 0.68 percent to $3,261.31 an ounce.

02 May

Ujjivan Small Finance Bank Q4 profit reduce 75% to ₹83 crore, shares down 3%

Business CorrespondentBusiness, News

Ujjivan Small Finance Bank (SFB) on Wednesday reported that its net profit for the three months ended March 2025 fell 75% to ₹83.39 crore, due to higher provisions for bad loans.The bank had posted a net profit of ₹329.63 crore in the same period a year ago.Its total income rose to ₹1,843 crore in the January-March quarter of financial year 2024-25 (FY25) from ₹1,765 crore in the same period a year ago, Ujjivan Small Finance Bank said in a regulatory filing.Total provisions excluding tax rose to ₹264.50 crore in the quarter under review from ₹79 crore in the same quarter…

02 May

Britannia Marie Gold launches Season 2 of Her Start-Up show to empower women entrepreneurs

Business BureauBusiness

Britannia Marie Gold, in collaboration with GroupM Motion Entertainment and Mindshare, has launched Season 2 of its acclaimed reality series Her Start-Up Show, dedicated to women entrepreneurs across India. Streaming exclusively on JioHotstar since April 19, the series features 40 finalists competing for the coveted ₹10 lakh Golden Grant. Season 2 builds on the success of its nationwide Her Start-Up Contest launched in July 2024, which attracted over one lakh entries. After rigorous training and shortlisting, 40 participants from cities like Indore, Aurangabad, Jammu & Kashmir, and Coimbatore are pitching innovative ideas across sectors including food, fashion, sustainability, and tech.…

02 May

CMF by Nothing launches innovative products, targets India’s evolving tech savvy consumers

Business BureauBusiness

CMF, the sub-brand of the London-based technology giant Nothing, has launched its highly anticipated second-generation devices—CMF Phone 2 Pro, Buds 2, Buds 2 Plus, and Buds 2a. Following a significant 156% year-on-year growth in Q1 2025, as reported by Counterpoint Research, CMF aims to expand its presence in India’s competitive consumer electronics market. The CMF Phone 2 Pro features an advanced 50 MP camera system, MediaTek Dimensity 7300 Pro 5G processor, and a 5000 mAh battery, ensuring superior performance and efficiency. With prices starting at INR 17,999, the phone is designed to cater to a wide range of consumers looking…

02 May

LG Electronics India appoints Arjuna Awardee Vantika Agrawal as brand ambassador

Business BureauBusiness

LG Electronics India Limited has announced renowned chess player Vantika Agrawal as its new brand ambassador. A three-time Chess Olympiad gold medalist and recent recipient of the prestigious Arjuna Award, Agrawal has become one of India's brightest young talents in the world of chess. The partnership aligns with LG's commitment to supporting young achievers and promoting innovation that enhances the lives of its consumers. Vantika, who is also a Woman Grandmaster and holds the title of International Master, has become a symbol of excellence and perseverance in the sporting world. Mr. Hong Ju Jeon, Managing Director of LG Electronics India,…

30 Apr

HCLFoundation announces the winners of the 2025 edition of the HCLTech Grant

Business BureauBusiness

HCLFoundation, which drives the corporate social responsibility agenda of global technology company HCLTech in India, has announced the winners of the 2025 edition of the HCLTech Grant. HCLTech Grant supports Indian non-government organizations (NGOs) driving transformative change across education, healthcare, and the environment. This year, the HCLTech Grant received over 13,925 registrations from NGOs across India. Three winning NGOs in each category are awarded a grant of ₹5 crore ($580,700) for their impactful projects, and six runner-up NGOs in each category are awarded ₹25 lakh ($29,000). To date, the HCLFoundation has awarded ₹152.8 crore (~$18.4 million) through the HCLTech Grant…

30 Apr

ASCI revamps influencer guidelines for health and finance sectors

Business BureauBusiness

The Advertising Standards Council of India (ASCI) has updated its Influencer Advertising Guidelines, specifically for influencers in the health and finance sectors. The revised guidelines distinguish between generic promotions and expert advice, aiming to ensure greater transparency and consumer protection. Influencers promoting products or services in the BFSI (Banking, Financial Services, and Insurance) and Health & Nutrition industries now only need to declare qualifications when offering technical advice. For instance, a generic message about health check-ups or food-related promotions by chefs won’t require influencers to prove expertise. This change follows the growing maturity of influencer marketing, which has shifted from…