Business News Northeast - Latest Business Northeast News & Updates

10 Jun

“Innovation Takes Center Stage: Samsung Solve for Tomorrow Sparks Creativity in Tripura

Business BureauBusiness

Samsung’s flagship innovation challenge, Solve for Tomorrow 2025, is inspiring a new generation of young problem-solvers in Tripura. With a prize pool of INR 1 crore for the top four teams, along with mentorship from Samsung leaders and IIT Delhi faculty, the competition has energized college campuses in the Northeast. Bir Bikram Memorial College and Netaji Subhash Mahavidyalaya in Agartala have become hotbeds of creativity. Students like Tarit Chakma are tackling local issues such as water logging with affordable smart drainage technology. Others, like Sangeeta Dey, aim to address mental health challenges through digital tools in local languages like Kokborok.…

09 Jun

AM/NS India powers rail engineering feats with steel backbone for Chenab and Anji bridges

Business BureauBusiness

ArcelorMittal Nippon Steel India (AM/NS India) has marked a major milestone in nation-building by supplying critical steel for two of India’s most ambitious railway projects—the Chenab Bridge and Anji Khad Bridge. AM/NS India provided 70% of the steel for the world’s highest railway bridge over the Chenab River and 100% for the country’s first cable-stayed railway bridge, the Anji Khad. Both bridges, inaugurated by Prime Minister Narendra Modi, stand as symbols of India’s engineering prowess and its Viksit Bharat 2047 vision. AM/NS India supplied 25,000 MT of high-strength, customised structural steel for the Chenab Bridge, engineered to withstand extreme altitude…

09 Jun

Chartered Speed drives green mobility forward with electric bus launch in Arunachal Pradesh

Business BureauBusiness

In a significant push towards sustainable transportation, Chartered Speed, a leading passenger mobility company, has launched 10 electric buses in Arunachal Pradesh in collaboration with the Arunachal Pradesh State Transport Service (APSTS). The green fleet was officially flagged off by Hon’ble Deputy Chief Minister Chowna Mein at a formal ceremony held today. The 9-meter, air-conditioned electric buses will operate in key cities including Itanagar, Namsai, and Pasighat. To support efficient and uninterrupted service, Chartered Speed has installed EV charging stations at strategic locations in these cities, ensuring minimal downtime and swift turnarounds. “Our partnership with APSTS reinforces our mission to…

09 Jun

Maharashtra and Karnataka drive FDI jump with 51% share in FY25

Business CorrespondentBusiness, News

Maharashtra and Karnataka have emerged as the top destinations for foreign direct investment (FDI) in India during FY2024-25, accounting for more than half of the country's total inflows, according to data released by the Department for Promotion of Industry and Internal Trade (DPIIT).Maharashtra topped the FDI table with foreign inflows of USD 19.6 billion, accounting for 31% of India's total FDI during April-March FY2025.Karnataka stood second with foreign investments of USD 6.62 billion, helping the two states collectively grab 51% of the total inflows. DPIIT data shows Delhi ranked third with USD 6 billion, followed by Gujarat (USD 5.71 billion),…

08 Jun

Toyota Kirloskar Motor launches ‘Sustainable Resource Management Drive’ to mark Environment Month 2025

Business BureauBusiness

Toyota Kirloskar Motor (TKM) today officially launched its Environment Month 2025 campaign under the theme “Sustainable Resource Management Drive,” reaffirming its commitment to the Toyota Environmental Challenge 2050 and the vision of a carbon-neutral future. The initiative adopts ‘Zero-Base Thinking’ and promotes the 4Rs—Refuse, Recycle, Reuse, and Reduce—to drive transformative sustainability across the company’s operations and value chain. TKM’s green journey is underscored by key milestones including 100% renewable energy use for grid electricity, 96% waste recyclability, and 89.3% water needs met through rainwater harvesting and recycling. The 25-acre ‘Ecozone’ learning center has already reached over 42,000 students and stakeholders.…

07 Jun

Infosys Foundation’s INR 2 crore Aarohan Awards to boost social innovation and economic growth

Business BureauBusiness

Infosys Foundation has launched the fourth edition of its Aarohan Social Innovation Awards, committing INR 2 crore to support technology-driven solutions in education, healthcare, and environmental sustainability. This strategic investment aims to empower social entrepreneurs and enterprises that can create scalable impact on underprivileged communities, thereby contributing to inclusive economic development. Open for Indian citizens aged 18 and above, the awards invite submissions of fully functional prototypes or completed projects via video entries from April 24 to June 15, 2025. Winners can receive up to INR 50 lakh each, with selection criteria focused on addressing real social problems, solution scalability,…

07 Jun

Happydent shines bright with new campaign “Chamking Gum: Chamka Muskaan, Jagmag Jahaan”

Business BureauBusiness

Perfetti Van Melle India has launched a new cinematic campaign for its flagship brand Happydent, titled “Chamking Gum: Chamka Muskaan, Jagmag Jahaan.” The visually rich film, conceptualized by Prasoon Joshi of McCann Worldgroup India and directed by Vinil Mathew, revives the brand’s legendary storytelling with a fresh, purposeful narrative. Renowned music director Shantanu Moitra adds melodic brilliance to the campaign. The ad showcases a group of performers using red paint and radiant smiles to highlight the issue of littering, blending imagination with a social message. The campaign seeks to connect with Gen Z through authenticity, creativity, and impact-driven storytelling—echoing Happydent’s…

07 Jun

Tata AIA declares record Ra 1,842 crore bonus for FY25, benefits over 8 lakh policyholders

Business BureauBusiness

Tata AIA Life Insurance Co. Ltd. has announced its highest-ever bonus payout of ₹1,842 crore for FY25, marking a 26% rise from the previous year’s ₹1,465 crore. The record-breaking bonus will benefit more than 8.15 lakh policyholders across various participating (Par) plans such as Diamond Savings Plan, Smart Value Income Plan, Value Income Plan, and Shubh Flexi Income Plan. The bonus reflects Tata AIA’s robust fund performance and is part of the insurer’s strategy to support long-term financial goals while delivering consistent returns. Kshitij Sharma, Executive Vice President and Appointed Actuary, said, “Tata AIA’s record-breaking bonus declaration underscores our commitment…

07 Jun

Silver futures price gain: Prices rise in India

Business CorrespondentBusiness, News

New Delhi, June 6: Silver prices rose by Rs 80 to Rs 1,01,460 per kg in futures trade on Thursday as participants increased their bets. At the Multi Commodity Exchange, the price of silver contracts for July delivery rose by Rs 80, or 0.08 percent, to Rs 1,01,460 per kg in a business turnover of 17,560 lots. Analysts said fresh deals by participants led to the rise in silver prices. Globally, silver was trading 0.10 percent lower at $34.46 per ounce in New York.

06 Jun

Nissan Magnite hits 2 lakh sales milestone, innovates with CNG retrofit to capture growing markets

Business BureauBusiness

Nissan Motor India Pvt. Ltd. has reached a major milestone with its compact SUV, the Nissan Magnite, crossing 2,00,000 cumulative sales globally since its 2020 launch. The SUV’s innovative blend of bold design, advanced safety features, and affordability has propelled its success in over 65 international markets, reinforcing Nissan’s ‘One Car, One World’ vision. In a strategic move to address rising fuel costs and environmental concerns, Nissan recently launched a government-approved CNG retrofit kit priced at ₹74,999 for the 1.0-litre petrol manual variant. Manufactured by Motozen and installed at authorised centres, this innovation caters to growing consumer demand for cleaner,…