Business News Northeast - Latest Business Northeast News & Updates

30 Aug

Reliance Industries share price decrease 2%; 48th Annual General Meeting begins

Business CorrespondentBusiness, News

Reliance Industries shares fell over 2% at 2:45 pm during the ongoing Annual General Meeting. The highlight of the Annual General Meeting was Jio's IPO, which the chairman said is expected in the first half of 2026. Among other major announcements, the Jio IPO announcement was the most watched and was in line with the expected announcements at Reliance's Annual General Meeting. However, investor sentiment remains pessimistic as they expected the telco to go public in 2025. After the recent decline from its 52-week high of ₹1,544 per share on the NSE, Reliance shares have performed steadily in 2025 and…

29 Aug

Vikram Solar shares increase over 1% on the second day of listing, trading nearly 9% higher than the IPO issue price

Business CorrespondentBusiness, News

Vikram Solar Share Price: Shares of solar module maker Vikram Solar are trading in the positive zone on Thursday, August 28, the second day of listing. The stock rose 1.36% to ₹361.25 per share at 11:02 am on the National Stock Exchange (NSE). It gained 5.21% during the day's trade. It has a market capitalisation of ₹13,068.84 crore. The stock is up 8.81% from its issue price of ₹332 per share. The company's shares opened at ₹338, up 1.81% from the issue price on the NSE. It debuted at ₹340 on the BSE, showing a gain of 2.41%. Vikram Solar's…

29 Aug

Manipal Hospital EM Bypass brings advanced neurosurgery and robotic cancer care to Mizoram patients

Business BureauBusiness

Manipal Hospital EM Bypass, Kolkata, has showcased its cutting-edge neurosurgery and robotic cancer care for patients from Mizoram, highlighting remarkable success stories at a press conference today. Addressed by Dr. Harsh Jain, Senior Consultant – Neurosurgery, and Dr. Abhay Kumar, HOD – Urology, Surgical Oncology & Robotic Surgery, the event emphasized how advanced technology combined with surgical expertise is transforming patient outcomes. Dr. Jain shared cases including a 37-year-old patient with acoustic neuroma and a 31-year-old woman with a large spinal tumour, both treated successfully using microsurgical techniques, neuronavigation, and intraoperative neuromonitoring. Dr. Kumar highlighted robotic-assisted procedures, such as a…

29 Aug

Ujjivan SFB launches ‘Sweep Smart’ for Maxima Current Account holders to boost returns

Business BureauBusiness

Ujjivan Small Finance Bank (Ujjivan SFB) on Monday announced the launch of Ujjivan Sweep Smart, an auto-sweep facility for its Maxima Current Account customers aimed at helping businesses and professionals earn higher returns on idle funds without compromising liquidity. Under the new feature, surplus balances in Maxima Current Accounts exceeding ₹4 lakh are automatically transferred to short-term fixed deposits every Monday. Customers can set custom thresholds starting from ₹4 lakh, with amounts swept in multiples of ₹10,000 for a tenure of 180 days at an interest rate of 6% per annum. In the event of a shortfall, linked deposits are…

28 Aug

Aluminium futures increase: New deals push fuel prices higher

Business CorrespondentBusiness, News

New Delhi: Aluminium prices rose 35 paise to Rs 253.15 per kg in futures trade on Thursday as speculators created new deals amid a positive trend in the spot market. At the Multi Commodity Exchange, the price of aluminium contract for September delivery rose 35 paise, or 0.14 percent, to Rs 253.15 per kg in a business turnover of 3,998 lots. Analysts said fresh buying by traders amid demand from consumer industries supported aluminium prices in the futures market.

28 Aug

Oil Steadies As Investors Eye Ukraine War

Purbalee DuttaBusiness

Oil prices stabilized on Wednesday after a sharp decline the previous day, as investors monitored the Ukraine conflict and assessed a drop in U.S. crude inventories alongside fresh U.S. tariffs on India. U.S. Special Envoy Steve Witkoff announced he would meet Ukrainian officials in New York this week and confirmed ongoing discussions with Russia aimed at ending the war. Prices were supported by the American Petroleum Institute’s weekly report, which indicated declines in U.S. crude, gasoline, and distillate stockpiles. The official inventory data is expected at 1430 GMT. As of 1045 GMT, Brent crude fell by 18 cents (0.3%) to…

27 Aug

Cottonseed oil futures prices downgrade on weak demand

Business CorrespondentBusiness, News

New Delhi: Cottonseed oil cake prices on Tuesday fell by Rs 49 to Rs 3,474 per quintal in futures trade as traders reduced their positions following a weak trend in the spot market. On the NCDEX, cottonseed oil cake contracts for September delivery fell by Rs 49, or 1.41 per cent, to Rs 3,474 per quintal in a business turnover of 31,930 lots. Analysts said selling by traders at current levels amid sluggish market sentiment mainly led to the fall in cottonseed oil cake prices.

27 Aug

KISNA launches ‘Bumper Lucky Draw 25’ in Agartala, shoppers stand chance to win car and scooters

Business BureauBusiness

KISNA Diamond & Gold Jewellery has unveiled its festive campaign ‘Bumper Lucky Draw 25’ in Agartala, offering jewellery buyers a chance to win scooters and a car during the ongoing festive season. The initiative, launched at KISNA’s Shop-in-Shop outlet in the city, drew enthusiastic crowds eager to participate in the celebrations. Under the scheme, customers spending ₹25,000 or more will automatically enter the draw. Five scooters will be given away—one every 15 days for six weeks—while the bumper prize, a car, will be announced around Diwali. Winners will be selected through coupon codes generated during billing, with vouchers collected in…

27 Aug

Renault Updates Kiger & Triber

Purbalee DuttaBusiness

Renault has recently refreshed its Kiger SUV and Triber MPV in India, leaving only the Kwid hatchback—its most affordable offering—awaiting an update. The French automaker is reportedly working on a facelifted version of the Kwid, which competes with models like the Maruti Suzuki Alto K10 and S-Presso. While Renault hasn’t officially announced details, the launch could happen soon, possibly ahead of the festive season, following the recent updates of the Triber on July 23 and the Kiger on August 24. Once a major contributor to Renault’s presence in India, the Kwid has seen demand dip as consumer interest shifted toward…

26 Aug

Gold rose Rs 600, silver Rs 3,000

Business CorrespondentBusiness, News

New Delhi: Gold prices in the national capital on Tuesday rose by Rs 600 to Rs 1,00,770 per 10 grams, supported by a weak rupee and strong global trends, according to the All India Sarafa Association. The precious metal of 99.9 percent purity had closed at Rs 1,00,170 per 10 grams on Monday. Gold of 99.5 percent purity rose by Rs 500 to Rs 1,00,400 per 10 grams (inclusive of all taxes), as against the last close of Rs 99,900 per 10 grams. Silver prices rose by Rs 3,000 to an all-time high of Rs 1,18,000 per kg (inclusive of…