Business News Northeast - Latest Business Northeast News & Updates

13 Mar

HCG Cancer Centre Kolkata hosts ‘Pink Feast Challenge’ to promote gender equality and women’s health

Business BureauBusiness

HCG Cancer Centre Kolkata, in collaboration with Sister Nivedita University, organized the “Pink Feast Challenge” to mark International Women’s Day, emphasizing gender equality and proactive women’s healthcare. The event, held under the theme #AccelerateAction, encouraged male participants to prepare pink-themed dishes for female cancer survivors, reinforcing shared responsibilities in everyday life. The competition featured 25 female cancer survivors and over 500 attendees, with participants competing in three categories—Mocktail Drinks, Salad, and Bakery Preparation. A distinguished jury, including Dr. Amarjeet Singh, COO of HCG Cancer Centre Kolkata, and senior officials from Sister Nivedita University, judged the event. Dr. Singh underscored the…

13 Mar

Adobe shares plunge 5% in extended trading on sluggish revenue outlook and focus on AI tools

Business CorrespondentBusiness, News

Adobe Inc. gave a disappointing forecast for revenue growth in the current quarter despite a recent focus on monetizing its new generative artificial intelligence features. Sales in the period ending in May will be $5.77 billion to $5.82 billion, the company said in a statement Wednesday. Analysts, on average, projected $5.8 billion. Excluding certain items, profit will be $4.95 per share to $5 per share, while the average projection is $5. Adobe, a top maker of software for creative professionals, is incorporating its AI model, Firefly, into apps such as Photoshop and Premiere. Investors have debated whether generative AI will…

12 Mar

India’s silver ETF AUMs inflation 266% to ₹13,500 crore in 2025

Business CorrespondentBusiness, News

Silver exchange traded funds have seen a massive surge in assets under management in less than three years, crossing the ₹13,500 crore mark in January 2025. SEBI allowed asset management companies to launch silver ETFs in November 2021. Since then, silver ETFs have seen massive growth. In January 2022, AUMs were Rs 123 crore and by January 2023 they grew to Rs 1651 crore. Silver ETF AUMs have seen the fastest growth in 2024, growing from Rs 3705 crore in January 2024 to Rs 13,566 crore by January 2025 - a 266 percent increase. According to data from Zerodha Fund…

11 Mar

Toyota Kirloskar Motor launches Hilux Black Edition in India

Business BureauBusiness

Toyota Kirloskar Motor (TKM) has introduced the Hilux Black Edition in India, offering a bold and rugged appeal combined with advanced safety and premium features. Priced at ₹37,90,000 (ex-showroom), the Hilux Black Edition is designed for both off-road adventures and urban commuting. Powered by a 2.8L four-cylinder turbo-diesel engine with a 6-speed automatic transmission, the Hilux Black Edition delivers 500 Nm torque and 4X4 drivetrain capability. It features an all-black exterior, including a black front radiator grille, 18-inch black alloy wheels, black ORVM covers, door handles, and fender garnish, enhancing its aggressive look. The interior offers premium leather upholstery, an…

11 Mar

Deloitte India’s Enterprise Growth Awards 2025 wins by ten West Bengal-based companies

Business BureauBusiness

Ten West Bengal-based companies—Titagarh Rail Systems Limited, Vikram Solar Limited, Orient Paper and Industries Limited, Texmaco Rail & Engineering Limited, McNROE Consumer Products Private Limited, Paharpur Cooling Towers Limited, West Coast Paper Mills Limited, Electrosteel Castings Limited, Tega Industries Limited, and Vedant Fashions Limited emerged as winners in the first edition of the Enterprise Growth Awards (EGA) 2025, hosted by Deloitte India. Enterprise Growth Awards is a unique programme dedicated to celebrating businesses that have transformed local ambitions into national success stories. The winners were announced on 6 March 2025 in Chennai. More than 500 companies from across the country,…

11 Mar

Castrol India relaunches Castrol Activ with 3X protection and Shah Rukh Khan campaign

Business BureauBusiness

Castrol India Limited has relaunched its flagship two-wheeler engine oil brand, Castrol Activ, with a superior product upgrade and refreshed packaging. The new Castrol Activ offers 3X protection against engine overheating, a crucial issue for India’s 235 million two-wheeler users. To amplify the relaunch, Castrol has launched a nationwide campaign, #GarmiMeinBhi3xProtection, featuring Bollywood icon Shah Rukh Khan. The campaign’s TV commercial, set in Rajasthan, showcases Khan as a determined cop whose bike, powered by Castrol Activ, outlasts extreme heat, while another bike using ordinary oil fails. https://youtu.be/YW8A4dyfO8Y "Overheating is a key concern for Indian riders, especially in summer. Castrol Activ’s…

11 Mar

Indusind Bank shares downfall 20% as lender reports Rs 1,530 crore derivative portfolio mismatch

Business CorrespondentBusiness, News

Shares of Indusind Bank Ltd tumbled 20% on Tuesday after the bank discovered discrepancies in its derivatives portfolio during an internal review. The detailed review revealed that the bank's total assets are estimated to be adversely impacted by about 2.35% by December 2024, equivalent to a potential loss of Rs 1,530 crore. The bank's total assets stood at Rs 65,102 crore at the end of December 2024. Indusind Bank's total assets are estimated to decline by Rs 1,600 crore to Rs 2,000 crore. The Hinduja-promoted lender plans to absorb this loss in its fourth quarter earnings or the first quarter…

10 Mar

Electric vehicle sales inflation 19% in February

Business CorrespondentBusiness, News

New Delhi, Retail sales of electric passenger vehicles grew 19 per cent to 8,968 units in February, with Tata Motors topping the segment, according to data released by dealers' body FADA.Total electric passenger vehicle retail sales stood at 7,539 units in the same month last year.Tata Motors sold 3,825 units last month, while MG Motor India sold 3,270 units.FADA President CS Vigneshwar said in a statement, "Electric passenger vehicles recorded a good growth of 18.95 per cent year-on-year, reflecting growing consumer awareness and adoption of EVs in the personal mobility segment, now achieving a market share of 3 per cent."…

08 Mar

Toyota Kirloskar Motor launches Legender 4X4 MT to elevate premium SUV experience

Business BureauBusiness

Toyota Kirloskar Motor (TKM) has announced the launch of the Legender 4X4 Manual Transmission (MT) variant, further strengthening its premium SUV portfolio. Priced at ₹46.36 lakh (ex-showroom), the new variant caters to adventure seekers who demand greater control, luxury, and off-road performance. The Legender 4X4 MT is powered by a 2.8L diesel engine, producing 204 PS of power and 420 Nm of torque. The 6-speed manual transmission enhances driving engagement, while Toyota’s advanced 4X4 technology ensures superior terrain handling. The SUV features a Catamaran-inspired design, a piano-black grille, LED lighting, and an exclusive Pearl White with Black Roof dual-tone finish.…

08 Mar

LG Channels Revolutionizes TV Viewing: Over 100 Free Channels Now Available on LG Smart TVs

Business BureauBusiness

LG Electronics India announces the expansion of its free ad-supported TV (FAST) service, LG Channels, which now offers over 100 channels. This service provides users with a diverse array of content across entertainment, music, news, kids, lifestyle, and more – all without any subscription or payment. With LG Channels, LGSMART TV users can enjoy a viewing experience without set-top boxes, subscriptions, or payments. The service ensures access to a wide variety of content for users, providing convenience in entertainment. LG Channels caters to a broad audience with popular channels spanning across various genres, ensuring there is something for everyone in…