Business News Northeast - Latest Business Northeast News & Updates

05 Jun

Cognizant launches Ace Team program to build next generation of AI engineers

Business BureauBusiness

Cognizant has announced the launch of its Ace Team Program, a strategic initiative aimed at developing a new cohort of AI-ready engineers to drive digital transformation projects and support the company's transition into an AI builder organization. The program combines a selective hiring process, an elite talent development pathway and a centrally governed engineering community aligned with Cognizant’s advanced capability strategy. It is designed to create a pool of high-potential engineers who will work on real-world client challenges using AI-native tools, modern architectures and outcome-driven approaches. According to Cognizant, Ace Team members will be deployed in focused, high-impact teams and…

05 Jun

Offshore betting tops ASCI’s violative sectors list in 2025-26 report

Business BureauBusiness

Offshore betting and real estate emerged as the most violative sectors in India’s advertising landscape during 2025-26, according to the Annual Complaints Report released by the Advertising Standards Council of India (ASCI) on Wednesday. ASCI said it reviewed 11,581 cases during the financial year, marking a 21 per cent rise over the previous year. The cases involved 9,841 advertisements, up 37 per cent year-on-year, with 98 per cent of the scrutinised advertisements requiring modifications. Offshore betting alone accounted for 6,933 violations, followed by realty with 643 cases, personal care with 576, food and beverages with 331, and products violating the…

05 Jun

SME exporters upbeat despite rising global risks: SPJIMR report

Business BureauBusiness

Indian SME family businesses engaged in exports remain optimistic about growth prospects despite facing a worsening global and domestic risk environment, according to a new report released by the Centre for Family Business & Entrepreneurship (CFBE) at Bharatiya Vidya Bhavan’s S.P. Jain Institute of Management and Research (SPJIMR), Mumbai. The Indian SME Family Business Trade Confidence and Internationalisation Report, prepared in partnership with Hansa Research, surveyed 461 owner-managers, directors, CEOs and senior leaders from SME family businesses involved in international trade across 14 Indian cities. The respondents represented sectors ranging from manufacturing to trading, with firms averaging 16.4 years of…

05 Jun

Netradyne partners NHEV to boost safety and intelligence on India’s e-highways

Business BureauBusiness

Netradyne, a global provider of AI-powered fleet safety and performance technology, has partnered with National Highways for Electric Vehicles (NHEV) to strengthen the intelligence and safety framework of India’s emerging Electronic Highway network aimed at supporting long-distance electric mobility. Under the collaboration, Netradyne’s AI-driven solutions will be deployed in phases across connected commercial electric vehicles operating on NHEV-supported corridors. The technology will provide real-time fleet visibility, predictive risk detection, driver behaviour analytics and operational monitoring, helping create a safer and more reliable EV transportation ecosystem across national highways. NHEV is working to transform India’s highways into Electronic Highways and plans…

04 Jun

Flight Path Secured: Indian Airlines Hail ₹10,000 Crore Fuel Stabilisation Fund Amid Jet Fuel Crisis

anuprovaBusiness

Indian carriers have warmly welcomed the Union Cabinet's landmark approval of a ₹10,000 crore Aviation Turbine Fuel (ATF) Price Stabilisation Fund, calling it a vital lifeline for an industry crippled by soaring operating costs. Led by a joint appreciation from major operators including Air India and IndiGo, the aviation sector expressed profound gratitude for the government's timely intervention, noting that the cushion will protect margins and allow for far more predictable ticket pricing. The emergency measure follows a catastrophic spike in international energy markets driven by the escalating conflict in West Asia and the compounding closure of Pakistani airspace, which…

04 Jun

Tata Motors expands alternate fuel portfolio with launch of Intra V40

Business BureauBusiness

Tata Motors has strengthened its presence in India’s growing alternate fuel commercial vehicle market with the launch of the all-new Intra V40, a bi-fuel pickup truck designed to enhance efficiency and profitability for last-mile cargo operators. The Intra V40 combines CNG and petrol bi-fuel technology with a best-in-class payload capacity of 1,525 kg and a 2,960 mm (9.7 ft) long load body, enabling businesses to transport larger loads while maintaining operational flexibility. Powered by a 1.2-litre engine producing 58 bhp and 106 Nm of torque, the vehicle is equipped with a 110-litre CNG tank that supports extended driving range and…

04 Jun

Nayara Energy Successfully Completes Strategic Turnaround at Vadinar Refinery, Resumes Full Operations

nanikaBusiness

In major energy news, Nayara Energy has successfully completed its scheduled 2026 turnaround at the Vadinar refinery in Gujarat, officially resuming full operations. As India’s second-largest single-site refinery—processing twenty million tonnes annually—the facility had temporarily shut down on April ninth for critical maintenance, inspections, and high-impact operational upgrades. What makes this turnaround remarkable is its massive scale, executed seamlessly against a backdrop of complex global geopolitical tensions. The project deployed a peak workforce of over thirty-five thousand personnel and mobilized nearly four hundred and eighty pieces of heavy machinery, including one hundred and eighty cranes. To optimize efficiency and manage…

02 Jun

Coca-Cola Prepares Mega Indian IPO for Largest Bottling Arm by 2027

anuprovaBusiness

Global beverage giant The Coca-Cola Company officially announced that it is exploring an initial public offering (IPO) in India for Hindustan Coca-Cola Holdings (HCCH), the parent company of its largest domestic bottling operation. Slated for potential listing on the Bombay Stock Exchange and the National Stock Exchange of India by 2027, the move marks a major milestone in the company’s refranchising strategy. The corporate restructuring plans involve selling a portion of Coca-Cola’s shareholding in the bottling unit, though the beverage major will remain deeply invested. To steer the complex public listing process through regulatory and market conditions, Coca-Cola has retained…

02 Jun

Amazon Music Breaks Out of the Prime Bubble with New Standalone Tiers

nanikaBusiness

The newly introduced tiers are priced competitively at ₹99 per month for existing Amazon Prime members and ₹119 per month for non-Prime members. According to Rishabh Gupta, Head of Amazon Music India, this strategic pivot comes after eight years of observing massive evolution in the local streaming landscape. While the service initially served as an added perk bundled within the Prime ecosystem, consumer demand for dedicated music platforms has skyrocketed. Gupta notes that both customer needs and Amazon's own product capabilities have matured enough to warrant a standalone existence. By decoupling from the Prime bundle, Amazon Music is directly positioning…

02 Jun

Tata Motors clocks 17% growth in May as commercial vehicle demand remains strong

Business BureauBusiness

Tata Motors Limited reported a strong performance in May 2026, registering a 17 per cent year-on-year growth in total commercial vehicle sales across domestic and international markets. The company sold 32,850 units during the month, compared to 28,147 units in May 2025, reflecting sustained demand across key vehicle segments. Domestic sales rose 19 per cent to 30,784 units from 25,872 units a year ago, while international business sales declined 9 per cent to 2,066 units from 2,275 units. Among segments, SCV cargo and pickup vehicles recorded the highest growth of 30 per cent, with sales increasing to 11,819 units. Passenger…