THEBUSINESSBYTES.COM Fast. Focused. Future-ready

THEBUSINESSBYTES BUREAU MUMBAI, JULY 23, 2025 In a bold step that underscores its commitment to innovation, design, and customer-centricity, Renault India today launched the All-New Renault Triber, a completely reimagined version of its popular 7-seater, cementing its position as India’s most versatile and value-packed family car. Developed under the ambitious ‘renault. rethink.’ brand transformation strategy, the new Triber carries forward ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JULY 23, 2025 Vedanta Aluminium, India’s largest aluminium producer, is celebrating a remarkable achievement by Khirod Kumar, a promising young archer from Odisha’s Kalahandi district. A product of Vedanta’s Archery Training Initiative in Lanjigarh, Khirod clinched two gold medals and one bronze at the CBSE East Zonal Archery Championship held recently in Kolkata. Competing in the Under-19 ...

THEBUSINESSBYTES BUREAU NEW DELHI, JULY 23, 2025 In the face of rising global trade uncertainties and tariff-related disruptions, the Indian economy stands firm, buoyed by robust macroeconomic fundamentals, according to the Reserve Bank of India’s latest State of the Economy report released on Wednesday. The report, part of the central bank’s monthly bulletin, reflects cautious optimism about India’s economic trajectory, ...

THEBUSINESSBYTES BUREAU NEW DELHI, JULY 23, 2025 Jindal Steel & Power Limited has officially rebranded itself as Jindal Steel Limited, with effect from July 22, 2025. The change follows formal approval from the Registrar of Companies under the Ministry of Corporate Affairs, Government of India. The new name marks a strategic shift that aligns with the company’s sharpened focus on ...

THEBUSINESSBYTES BUREAU MUMBAI, JULY 23, 2025 In a landmark development poised to reshape the governance framework of India’s Urban Cooperative Banking (UCB) sector, the National Urban Cooperative Finance and Development Corporation Ltd. (NUCFDC) has entered into a strategic partnership with the Institute of Internal Auditors India (IIA India). The alliance aims to embed international best practices in audit and risk ...

THEBUSINESSBYTES BUREAU MUMBAI, JULY 23, 2025 Netafim India, the Indian subsidiary of Orbia’s Precision Agriculture business and a global pioneer in precision irrigation, is celebrating a remarkable 60-year legacy of agricultural innovation, climate resilience, and farmer empowerment. Established in 1965, Netafim began its journey in the arid lands of Israel and went on to introduce the world’s first commercial dripper ...

By PRIYABRAT The day before yesterday, I had the privilege of meeting someone who has long been a role model to me — not because of fame or flamboyance, but for the sheer dignity he brings to his work. His dedication to journalism, unwavering integrity, and the soul-stirring quality of his writing have always inspired me. I walked into the ...

THEBUSINESSBYTES BUREAU NEW DELHI, JULY 22, 2025 Dalmia Bharat Ltd has kicked off the financial year on a high note, reporting a nearly threefold increase in consolidated net profit for the first quarter of FY26. The cement major posted a profit of ₹395 crore for the April–June period, compared to ₹145 crore in the same quarter last year, driven by ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, 22 JULY 2025 In a powerful affirmation of Odisha’s rise as a hub for energy innovation and skilled professionals, over 50 engineers — many of them women — are at the helm of India’s first-of-its-kind statewide Power Distribution Technology Centre (PDTC). Operating 24×7 in three shifts, this advanced facility ensures real-time monitoring, uninterrupted power supply, and seamless ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, 22 JULY 2025 TP Central Odisha Distribution Limited (TPCODL), a joint venture between Tata Power and the Government of Odisha, has taken several proactive measures to ensure preparedness during the monsoon season. These initiatives aim to maintain uninterrupted power supply and safeguard customers and stakeholders against seasonal electrical hazards. The monsoon brings challenges such as waterlogging, lightning, ...

THEBUSINESSBYTES BUREAU NEW DELHI, JULY 22, 2025 In a major development in India’s digital financial landscape, SBI Card, the country’s largest pure-play credit card issuer, has joined hands with fintech giant PhonePe to launch the PhonePe SBI Card — a co-branded credit card tailored to meet the evolving lifestyle and digital spending needs of Indian consumers. The partnership has introduced ...

THEBUSINESSBYTES BUREAU BANGALORE, JULY 22, 2025 Acer has supercharged India’s gaming laptop market with the launch of two groundbreaking additions to its Predator lineup — the Predator Helios Neo 16 AI and Predator Helios Neo 16S AI. Blending uncompromised performance with futuristic AI capabilities, these new models are poised to redefine portable gaming, creative productivity, and AI-powered computing for enthusiasts ...

THEBUSINESSBYTES BUREAU NEW DELHI, JULY 22, 2025 As India’s cities rapidly expand to accommodate growing populations and economic ambitions, a new World Bank report underscores an urgent need for resilient urban development to avert billions in future losses from extreme weather. Titled “Towards Resilient and Prosperous Cities in India”, the report highlights that by 2030, 70 percent of new jobs ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JULY 21, 2025 As public consciousness around food safety grows, attention is increasingly focused on what goes into our meals—calories, nutrients, additives, and origin. But amid this growing scrutiny, a crucial factor often slips under the radar: the cookware we use every day. The very materials that touch our food — under high heat, oil, and moisture ...

THEBUSINESSBYTES BUREAU NEW DELHI, JULY 20, 2025 The Vedanta Group has hit back strongly at fresh allegations by US-based short-seller Viceroy Research, which accused the conglomerate of using its semiconductor unit as a front for a complex commodities trading operation designed to bypass financial regulations and funnel funds during a liquidity crunch. In its latest report, Viceroy claimed that Vedanta ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JULY 20, 2025 In the tribal heartland of Odisha’s Kalahandi district, long known for its socioeconomic struggles, a quiet yet powerful movement is emerging — one that swaps stories of deprivation for dreams of victory. In Lanjigarh, a place once associated with malnutrition and poverty, the twang of bowstrings now signals a new era of opportunity, thanks ...

THEBUSINESSBYTES BUREAU NEW DELHI, JULY 20, 2025 In a significant development, Vedanta Limited has made public a comprehensive legal opinion issued by former Chief Justice of India, Dr. D.Y. Chandrachud, firmly rejecting the allegations made by US-based short-seller Viceroy Research Group. The 20-page opinion categorically finds no evidence of wrongdoing by Vedanta and sharply criticizes the report’s credibility, intent, and ...

THEBUSINESSBYTES BUREAU NEW DELHI, JULY 18, 2025 In a strategic move poised to reshape India’s reinsurance landscape, Jio Financial Services Limited (JFSL) and Germany-based Allianz Group, through its wholly-owned subsidiary Allianz Europe B.V., have signed a binding agreement to establish a 50:50 domestic reinsurance joint venture. This partnership marks a significant development in India’s evolving insurance sector, offering a powerful ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JULY 18, 2025 Tata Power-led Odisha Discoms have spearheaded a significant transformation in the state’s power distribution landscape, reinforcing energy reliability, ensuring equitable access, and laying the foundation for a future-ready infrastructure. A cornerstone of this transformation is the installation of over 40,000 new distribution transformers across the four Discoms, marking a major milestone in Odisha’s power ...

THEBUSINESSBYTES BUREAU LANJIGARH (KALAHANDI), JULY 18, 2025 Vedanta Aluminium, India’s largest aluminium producer, reaffirmed its commitment to quality healthcare access in underserved regions by organizing a mega multi-speciality health camp under its flagship CSR initiative, Project Aarogya. The camp reached 15 villages under the Gobardhanpur Gram Panchayat, deep in the interiors of Odisha’s Kalahandi district. Conducted during the peak monsoon ...

THEBUSINESSBYTES BUREAU NEW DELHI, JULY 18, 2025   India’s leading credit rating agencies, CRISIL Ratings and ICRA, have reaffirmed the credit ratings of Vedanta Limited, highlighting the company’s ongoing business stability, solid financial performance, and strong corporate governance. Notably, CRISIL’s report underscores that, based on feedback from Vedanta’s management and select lenders, there has been no adverse reaction from any ...

THEBUSINESSBYTES BUREAU NEW DELHI, JULY 18, 2025 Vedanta Aluminium, India’s largest producer of aluminium, has entered into a groundbreaking Memorandum of Understanding (MoU) with the Indian Council of Agricultural Research – Central Tuber Crops Research Institute (ICAR-CTCRI). This collaboration aims to revolutionize sustainable agriculture and afforestation by harnessing red mud, a significant industrial by-product from the bauxite refining process. This ...

THEBUSINESSBYTES BUREAU MUMBAI, JULY 17, 2025 Bharti AXA Life Insurance, one of India’s prominent private life insurers, has unveiled its latest flagship product—the Bharti AXA Life Guaranteed Bachat Plan—tailored to meet the needs of middle-income Indians seeking a straightforward yet reliable financial solution that combines protection with guaranteed savings. Built on the core promise of “Protection bhi, Bachat bhi,” the ...

THEBUSINESSBYTES BUREAU MUMBAI, JULY 17, 2025 The International Gemological Institute (IGI), the world’s foremost authority in lab-grown diamond certification, has reinforced its unwavering commitment to applying the universal 4Cs grading system—Cut, Color, Clarity, and Carat—to all diamonds, irrespective of their origin. At a time when several players in the industry are shifting towards alternative and less stringent grading metrics for ...

THEBUSINESSBYTES BUREAU BONGAIGAON, JULY 17, 2025 In a heartening display of its dedication to nurturing future leaders through the Girl Empowerment Mission (GEM), NTPC Bongaigaon had the honour of hosting Kabita Deka, Additional Deputy Commissioner of Kokrajhar, at its GEM facility. Her impactful visit infused fresh enthusiasm and aspiration among the young participants of the program. Warmly received by members ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JULY 16, 2025 In a significant push towards financial inclusion and digital empowerment, TP Central Odisha Distribution Limited (TPCODL), a joint venture between Tata Power and the Government of Odisha, has launched a transformative digital payment initiative in partnership with the State Bank of India (SBI) and Razorpay. Unveiled at TPCODL’s corporate office in Bhubaneswar, the initiative ...

By PRIYABRAT Last year, on the occasion of World Public Relations Day, I took a moment to extend warm wishes to over a hundred PR professionals I knew — people working across Public Sector Undertakings, corporate houses, and PR agencies. Many of them might not know me personally, but I knew them through my work as a journalist. I thought ...

It’s Time for India to Build Its Own Harvards By Arvind Kumar Mishra India is at a defining crossroads in its education journey. With over 40 million students enrolled in higher education institutions (AISHE 2021–22), we represent the world’s largest college-going population. Yet, a significant share of our youth continues to seek education overseas, drawn by global exposure, academic reputation, ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JULY 16, 2025 The Jindal Foundation, the social wing of Jindal Steel, was honored with the CSR TIMES Gold Award in the Sports Promotion category for its exceptional work in grassroots sports development. The award was presented by Jacqueline Mukangira, High Commissioner of the Republic of Rwanda to India, to Prashant Hota, President & Group Head (CSR) ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JULY 16, 2025 Aditya Aluminium, part of the Aditya Birla Group, has revolutionized eye care in Rengali, Odisha, with the launch of its flagship Project Vision Centre in partnership with the Vision India Foundation. Since its inception in 2020, this pioneering initiative has provided life-changing vision care to over 94,000 residents across 81 villages in the Sambalpur ...

THEBUSINESSBYTES BUREAU MUMBAI/DELHI, JULY 16, 2025 ArcelorMittal Nippon Steel India (AM/NS India) has successfully commissioned a cutting-edge Continuous Galvanising Line (CGL) at its flagship plant in Hazira, Gujarat, becoming the first company in India capable of producing Advanced High-Strength Steel (AHSS) with strength levels of up to 1180 megapascals (MPa). This milestone positions AM/NS India at the forefront of the ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JULY 15, 2025 Vedanta Aluminium, India’s largest aluminium producer, has successfully installed 96 solar-powered streetlights across 21 villages in the Kalahandi and Rayagada districts of Odisha. These installations now serve as the primary source of illumination in areas that were previously deprived of any structured lighting, bringing transformative change to the lives of more than 5,000 residents. ...

THEBUSINESSBYTES BUREAU JHARSUGUDA, JULY 15, 2025 Vedanta Aluminium, India’s largest aluminium producer, has inaugurated a cutting-edge Driver Welfare Complex within its Jharsuguda operations. Equipped with modern training, rest, and hygiene facilities, the initiative underscores the company’s unwavering commitment to operational excellence, safety, and the well-being of its vital logistics partners—who ensure seamless functioning at one of the world’s largest aluminium ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JULY 15, 2025 Sintex, a part of Welspun World and India’s most trusted manufacturer of premium water storage solutions, has announced the launch of its innovative Sintex ‘SMART’ Tank in Odisha. Crafted from 100% food-grade virgin plastic, the SMART Tank has been designed to prioritise health, hygiene, and well-being, especially during the monsoon season when clean water ...

THEBUSINESSBYTES BUREAU SAMBALPUR, JULY 15, 2025 In a forward-looking initiative to shape the future of financial services in India, the Indian Institute of Management (IIM) Sambalpur, in collaboration with the Indian Council of Social Science Research (ICSSR), hosted the “International Conference on Metaverse Banking and Financial Transformation” (ICMBFT 2025). The event served as a unique confluence of academic minds, fintech ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JULY 15, 2025 Orient Cables (India) Limited, a leading player in the networking and specialty cable manufacturing sector, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI), marking its intent to launch an Initial Public Offering (IPO) worth up to ₹700 crore. The proposed IPO comprises a fresh issue ...

THEBUSINESSBYTES BUREAU MUMBAI, JULY 15, 2025 On the occasion of World Youth Skills Day, the Hinduja Foundation—philanthropic arm of the 110-year-old Hinduja Group—reaffirmed its unwavering commitment to equipping India’s youth with future-ready, transformative skills. In partnership with various Hinduja Group companies, the Foundation continues to spearhead impactful education and livelihood initiatives that empower young Indians to thrive in a rapidly ...

THEBUSINESSBYTES BUREAU KUTCH (GUJARAT), JULY 15, 2025 In a significant stride towards ecological restoration, the Gujarat Forest Department, in collaboration with Vantara — a premier wildlife rescue and conservation initiative founded by Anant Ambani — has reintroduced 20 spotted deer into a 70-hectare protected zone within the Banni Grasslands. This carefully coordinated effort aims to enhance biodiversity in one of ...

THEBUSINESSBYTES BUREAU NEW DELHI, JULY 15, 2025 Marking the occasion of World Youth Skills Day, Vedanta Aluminium, India’s largest producer of aluminium, proudly announced the empowerment of over 15,000 youth across the country through its wide-reaching and transformative skilling initiatives. Designed to align with both local aspirations and national priorities, these programs span Odisha, Chhattisgarh, and Andhra Pradesh, enabling inclusive ...

THEBUSINESSBYTES BUREAU KATHMANDU, JULY 14, 2025 In a landmark move poised to reshape Nepal’s beverage landscape, Reliance Consumer Products Limited (RCPL), the fast-moving consumer goods (FMCG) arm of Reliance Industries Ltd, has entered the Nepal market through a strategic partnership with the country’s leading conglomerate, Chaudhary Group (CG), to launch the beloved Indian soft drink brand Campa. This high-impact collaboration ...

THEBUSINESSBYTES BUREAU NEW DELHI, JULY 14, 2025 Retail inflation in India dropped sharply to a six-year low of 2.1% in June 2025, reflecting the impact of widespread monsoon and falling food prices, bringing the rate close to the Reserve Bank of India’s (RBI) comfort zone. This marks a notable decline from 2.82% in May and 5.08% in June 2024, continuing ...

THEBUSINESSBYTES BUREAU JODA/BARBIL, JULY 14, 2025 Reinforcing its steadfast commitment to workplace safety and operational excellence, Jindal Steel has garnered widespread acclaim at the 42nd Annual Metalliferous Mines Safety Week Celebration, with its Kasia and Tensa Mines securing multiple prestigious awards. The grand event, organized under the aegis of the Directorate General of Mines Safety (DGMS), witnessed participation from 113 ...

THEBUSINESSBYTES BUREAU SUNDARGARH, JULY 14, 2025 Demonstrating its unwavering dedication to community welfare, Mahanadi Mines and Minerals has launched a transformative eye care initiative, positively impacting 300 villagers across four remote villages in Sundargarh district. This meaningful outreach reinforces the company’s commitment to sustainable and inclusive development with a sharp focus on rural health. The latest leg of the distribution ...

THEBUSINESSBYTES BUREAU BARBIL, JULY 14, 2025 JSW Steel’s Odisha mining division stood out with remarkable distinction at the grand finale of the 42nd Annual Mines Safety Week–2024 (AMSWC), clinching two prestigious Overall Performance Awards. The high-profile event was conducted under the aegis of the Directorate General of Mines Safety (DGMS), Bhubaneswar Region, on Sunday. Demonstrating an unwavering commitment to safety ...

THEBUSINESSBYTES BUREAU JAJPUR, JULY 14, 2025 Marking a transformative stride toward inclusive and people-centric development, the Bansidhar & Ila Panda Foundation (BIPF) — the CSR arm of Indian Metals & Ferro Alloys Limited (IMFA) — ceremoniously launched its two flagship community outreach initiatives, Kanya Express and e-Shikshya Express, in Kalinganagar, Jajpur on Monday. The launch event was graced by P. ...

THEBUSINESSBYTES BUREAU MUMBAI, JULY 14, 2025 Ageas Federal Life Insurance, one of India’s leading private life insurers, has announced the launch of the India Sector Leaders Fund — a first-of-its-kind offering in the life insurance space. This pioneering fund provides policyholders the opportunity to invest in top-performing domestic equities, with a focus on medium- to long-term wealth creation. Launched at ...

THEBUSINESSBYTES BUREAU NEW DELHI, JULY 14, 2025 In a powerful drive to foster community engagement across India’s villages, towns, and metro cities, children from SOS Children’s Villages India, who are part of Bal Panchayats, are taking to the streets with compelling performances that champion child rights and development. Through vibrant street plays, these young change-makers are raising awareness about the ...

THEBUSINESSBYTES BUREAU MUMBAI, JULY 14, 2025 Capri Global Housing Finance Limited (CGHFL), a wholly-owned subsidiary of Capri Global Capital Ltd., has been awarded at the inaugural Housing and Housing Finance Excellence Awards 2024–25 instituted by the National Housing Bank (NHB). The recognition, presented in New Delhi, celebrates CGHFL’s exemplary performance in the ₹1,000–₹5,000 crore housing loan portfolio category. This prestigious ...

THEBUSINESSBYTES BUREAU MUMBAI, JULY 12, 2025 The National Bank for Agriculture and Rural Development (NABARD) on Saturday commemorated its 44th Foundation Day with a landmark celebration in Chennai, reaffirming its vital role in shaping India’s rural transformation. The event showcased NABARD’s enduring legacy, while also launching bold, forward-looking initiatives aimed at deepening its development impact across the country. The commemorative ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JULY 12, 2025 As the colossal chariots of Lord Jagannath, Lord Balabhadra, and Gooddess Subhadra rolled through Puri’s Grand Road this Rath Yatra, TP Central Odisha Distribution Limited (TPCODL) — a joint venture of Tata Power and the Government of Odisha — rolled out help of another kind: its Mobile Health Dispensaries (MHDs). Operated under the CSR health ...