Business News Northeast - Latest Business Northeast News & Updates

08 May

Anchor Oral Care strengthens its presence in West Bengal by appointing Subhashree Ganguly brand ambassador

Business BureauBusiness

Anchor Oral Care, a prominent brand from Anchor Consumer Products, has made a strategic move to expand its presence in West Bengal by appointing celebrated actor Subhashree Ganguly as its brand ambassador. This decision underlines the company’s commitment to strengthening its position in the region, with West Bengal being a key market for the brand for several decades. To support this expansion, Anchor has launched two major campaigns in the state— "Laal. Kamaal. Bemisaal." and "Naye Zamane Ki Nayi Suraksha." These campaigns emphasize the brand's flagship product, Anchor Red Toothpaste, known for its 10 Ayurvedic benefits and its herbal composition.…

07 May

Innova HyCross Gets a Luxury Makeover: Exclusive Edition Unveiled

Business BureauBusiness

Toyota Kirloskar Motor (TKM) has unveiled the Exclusive Edition of its InnovaHyCross in the ZX(O) grade, priced at Rs. 32,58,000/- ex-showroom. Available for a limited time, this special edition combines advanced design and premium features, offering a dual-tone exterior in Super White and Pearl White. The vehicle is equipped with black accents on the roof, front grill, and alloy wheels, along with interior enhancements such as a dual-tone instrument panel, new seat materials, and high-tech features like an air purifier and wireless charger. Since its debut in November 2022, the InnovaHyCross has become a preferred choice in the premium MPV…

07 May

Bank of Baroda’s fourth quarter profit inflation 3% to Rs 5,048 crore

Business CorrespondentBusiness, News

New Delhi, State-owned Bank of Baroda (BoB) on Tuesday reported a marginal 3 percent rise in net profit to Rs 5,048 crore for the March quarter of FY2025.The bank had posted a net profit of Rs 4,886 crore in the same period a year ago.During the quarter, the bank's total income rose to Rs 35,852 crore from Rs 33,775 crore a year ago, BoB said in a regulatory filing.The bank's interest income rose to Rs 30,642 crore from Rs 29,583 crore in the fourth quarter of the previous fiscal.However, net interest income (NII) in the quarter declined to Rs 11,020…

06 May

Shah Rukh Khan joins Harpic as brand ambassador, reinforces call for superior toilet hygiene

Business BureauBusiness

In a major brand endorsement move, Harpic, India’s leading toilet and bathroom cleaner, has announced Bollywood icon Shah Rukh Khan as its new brand ambassador. The collaboration kicks off with the launch of a new campaign titled “Harpic Hai Na”, underscoring Harpic’s promise of superior hygiene^, faster cleaning, and long-lasting freshness across Indian homes. Trusted by over 100 million households~, Harpic has long stood as a pillar in home sanitation. The campaign with Shah Rukh Khan aims to drive a behavioral shift among consumers, urging them to move away from ineffective detergent use and choose scientifically formulated toilet cleaning solutions…

06 May

Azad Engineering share price upsurge 7.7% on ₹452 crore order from GE Vernova

Business CorrespondentBusiness, News

Shares of Azad Engineering jumped over 7% on Monday after it announced a major order from GE Vernova. The stock gained 7.7% on the NSE to close at ₹1,659 per share. Azad Engineering has signed a long-term supply agreement with GE Steam Power GmbH through its GE Vernova Power business based in Baden, Switzerland. The agreement is for the manufacture and supply of highly engineered and complex rotating and fixed airfoils for advanced nuclear, industrial and thermal power industries, meeting the global demand for GE Vernova in power generation and essential industries. This current phase of the contract, valued at…

05 May

Indian Bank’s fourth quarter profit gain 32 percent to Rs 2,956 crore

Business CorrespondentBusiness, News

New Delhi, State-owned Indian Bank on Saturday reported that its net profit for the March 2024-25 quarter rose 32 percent to Rs 2,956 crore, led by reduction in bad loans and rise in core income.The Chennai-based lender had reported a net profit of Rs 2,247 crore in the same period a year ago.During the quarter, the bank's total income rose to Rs 18,599 crore from Rs 16,887 crore a year ago, Indian Bank said in a regulatory filing.Interest income rose to Rs 15,856 crore from Rs 14,624 crore in the fourth quarter of the previous fiscal. Net interest income (NII)…

03 May

Toyota Kirloskar Motor strengthens road safety push, reaches over 10 lakh across India

Business BureauBusiness

Toyota Kirloskar Motor (TKM) has reaffirmed its long-term commitment to road safety in India, announcing that its structured awareness and innovation-driven initiatives have impacted over 10 lakh individuals across the country. Central to this effort is the Toyota Safety Education Program (TSEP), launched in 2007, which targets school children from classes 5 to 9 under the theme “Road Safety – My Right, My Responsibility.” TSEP, driven by a three-phase model and active in cities like Bangalore, Delhi, and Mumbai, has reached nearly 9.3 lakh students through road safety skits, poster competitions, and school clubs. Over 1,600 educators have been trained…

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…