Business News Northeast - Latest Business Northeast News & Updates

28 Apr

UCO Bank Q4 profit inflation 24% to ₹665.7 crore, declares dividend

Business CorrespondentBusiness, News

State-run UCO Bank announced its Q4 results on Monday, April 28. The bank has reported strong March quarter earnings, with consolidated net profit for the fourth quarter of financial year 2024-25 (Q4FY25) rising by nearly 24% year-on-year (YoY) to ₹652 crore.The bank’s total business as of March 31, 2025 grew 14.12% to ₹5,13,527 crore, with gross advances growing 17.72% to ₹2,19,985 crore and total deposits growing 11.56% to ₹2,93,542 crore. Operating profit for the quarter reached ₹1,699 crore, registering a year-on-year growth of 33.48% from ₹1,273 crore in the fourth quarter of FY2023-24.The state-owned lender's profit stood at ₹526 crore…

28 Apr

Swiggy launches ‘Swiggy Sixes’ for cricket fans, unlocks instant discounts with every six hit

Business BureauBusiness

Swiggy has introduced a new offer, Swiggy Sixes, adding an exciting twist to the ongoing cricket season. The real-time, match-linked offer allows users to unlock discounts ranging from 66%, ₹266, ₹166, or ₹66 off every time a six is hit during live cricket matches. With the offer available across more than 50,000 restaurants nationwide, fans can instantly celebrate a six with big savings on their favourite food orders. The Swiggy Sixes offer is designed to be both fun and convenient, with a live “ball floaty” timer on the Swiggy app notifying users when a discount is unlocked. Fans have just…

28 Apr

Watch Bengal’s biggest blockbuster, ‘Bohurupi’ exclusively on ZEE5 starting May 9th, 2025

Business BureauBusiness

ZEE5 is all set to redefine the digital entertainment landscape with the World Digital Premiere of its biggest Bengali blockbuster – Bohurupi, streaming from 9th May. Directed by the acclaimed duo Nandita Roy and Shiboprosad Mukherjee, this gripping film is inspired by real-life bank heists that rocked West Bengal between 1998 and 2005. Bohurupi features a powerful ensemble cast including Shiboprosad Mukherjee, Abir Chatterjee, Ritabhari Chakraborty, and Koushani Mukherjee, and unravels the transformative journey of a man scarred by betrayal, imprisonment, and an unforgiving system. The film has won the hearts of critics and audiences alike, earning stellar ratings across…

28 Apr

Byatikram Group and Academik America Partner to Revolutionize Indian Education

Business BureauBusiness

In a landmark development poised to redefine the educational landscape of East and Northeast India, Academik America, a premier global education solutions provider, and Byatikram Group,premier organizations of North East involved in various socio-cultural and literary activities which embrace various streams of art, culture, literature, formally signed a Memorandum of Understanding (MoU) today in Kolkata. This strategic collaboration is set to unlock global opportunities for students, institutions, and educators by integrating internationally recognized accreditation frameworks, skill-development models, and digital learning innovations. Byatikram Group, a pioneer in socio-economic, cultural, and business initiatives for over two decades. The group holds expertise in…

26 Apr

Toyota launches 68th T-TEP at Roing ITI to boost youth skills in Arunachal

Business BureauBusiness

In a major push towards skilling youth in the North-East, Toyota Kirloskar Motor (TKM), in collaboration with Camdir Toyota and the Arunachal Pradesh government, inaugurated the 68th Toyota Technical Education Program (T-TEP) and STAR Scholarship initiative at Government ITI, Roing on Thursday. The program was launched by Minister for Skill Development & Entrepreneurship, Shri Nyato Dukam, who urged students to maximise the opportunity. “This program brings global standards of training and industry exposure to students from remote corners of Arunachal,” he said. T-TEP Roing aims to equip final-year ITI students, particularly in MMV and Diesel Mechanic trades, with hands-on automotive…

26 Apr

Toyota Kirloskar Motor strengthens commitment to environmental sustainability on Earth Day

Business BureauBusiness

On Earth Day 2025, Toyota Kirloskar Motor (TKM) reaffirmed its ongoing commitment to environmental sustainability with an emphasis on its green mobility initiatives. As part of its alignment with Toyota’s Environmental Challenge 2050, the company continues to push forward with efforts toward carbon neutrality, promoting clean technologies and renewable energy adoption throughout its operations. TKM is focusing on electrified vehicle technologies (xEVs) and sustainable manufacturing processes as part of its broader strategy. The company has achieved significant sustainability milestones, including the use of 100% renewable electricity, recycling over 96% of its waste, and meeting 89.3% of its water requirements through…

26 Apr

Housing registrations inflation 77% in 8 cities: Square Yards

Business CorrespondentBusiness, News

New Delhi: Housing property registrations stood at 5.44 lakh units in the last fiscal year across eight major cities, including Mumbai, Bengaluru and Hyderabad, up 77 percent from the 2018-19 fiscal, according to Square Yards.Other major property markets include Navi Mumbai, Thane, Pune, Noida and Greater Noida.On Friday, real estate consultant Square Yards released a report, 'Primary vs Secondary: Unlocking demand trends in India's residential market', which showed that the primary market (first sales) accounted for 57 percent of total registrations, while the secondary market (resales) accounted for the remaining 43 percent in 2024-25.The data covers residential transactions for apartments,…

25 Apr

Startup and MSME patent filings inflation 310% in 5 years

Business CorrespondentBusiness, News

New Delhi, Patent filings by startups and MSMEs have increased by 310 percent in the last 5 years, from 1,492 in 2018-19 to 6,120 in 2023-24, an official said on Thursday.N Ramachander, Joint Controller General of Patents, Designs and Trademarks, further informed that more than 2.4 million students and teachers across India have been educated about IP rights in about three years through the National Intellectual Property Awareness Mission launched in 2021.Addressing an event organised by Assocham, he informed that there has been a 116 percent increase in the filing of patent applications in India, from 42,763 in 2014-15 to…

24 Apr

Aluminium futures reduce on weak demand

Business CorrespondentBusiness, News

New Delhi, Apr 24 Aluminium prices fell marginally to Rs 236.25 per kg in the futures market on Thursday as participants cut their positions following a weak trend in the spot market.Aluminium contracts for May delivery fell marginally by 5 paise, or 0.02 per cent, to Rs 236.25 per kg on the Multi Commodity Exchange in a business turnover of 4,197 lots.Analysts said aluminium prices fell mainly due to participants cutting their positions due to sluggish demand from consumer industries.

24 Apr

Trust in every click: Amazon’s multifaceted strategy to fight e-commerce fraud

Business BureauBusiness

As e-commerce fraud continues to rise, Amazon is reinforcing its commitment to providing a safe and secure shopping experience for its customers. The company has introduced a range of advanced initiatives aimed at combating fraud across its marketplace, ensuring that both buyers and sellers are protected from deceptive practices. Akshay Sahi, Director & Head of Amazon Prime, Speed & Fulfillment Experience, India, emphasized the importance of vigilance. "We encourage our customers to actively participate in safeguarding their online shopping by remaining vigilant and adhering to recommended security practices," he said. Amazon is also focused on protecting sellers through initiatives like…