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THEBUSINESSBYTES BUREAU MUMBAI, AUGUST 12, 2025 TAFE – Tractors and Farm Equipment Limited, one of the world’s largest tractor manufacturers and the maker of the iconic Massey Ferguson tractors in India, has successfully concluded the second edition of its pioneering Massey DYNASTAR Contest – Season 2, 2025 #SabseBadeAllrounder Ki Talaash. The initiative seeks to discover and reward original, scalable, and ...

THEBUSINESSBYTES BUREAU NEW DELHI, AUGUST 12, 2025 The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, has signed a Memorandum of Understanding (MoU) with Zepto Private Limited to accelerate the growth of early-stage manufacturing startups through the ‘Zepto Nova’ innovation challenge. The strategic collaboration is designed to identify, mentor, and scale startups working on ...

THEBUSINESSBYTES BUREAU NEW DELHI, AUGUST 12, 2025 The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, has signed a Memorandum of Understanding (MoU) with Hero MotoCorp Limited to scale and support early-stage startups through the ‘Hero For Startups’ innovation accelerator programme. The collaboration, under the Startup India initiative, is aimed at nurturing entrepreneurs working ...

THEBUSINESSBYTES BUREAU NEW DELHI, AUGUST 11, 2025 In a landmark legislative move, the Lok Sabha on Monday passed the Income Tax Bill, 2025, paving the way for the replacement of India’s 63-year-old direct tax framework. The new law seeks to balance investor confidence, taxpayer relief, and administrative efficiency, aligning the country’s tax regime with contemporary economic realities. The legislation, once ...

THEBUSINESSBYTES BUREAU NEW DELHI, 11 AUGUST 2025 Vedanta Aluminium, India’s largest aluminium producer, is operating one of the nation’s most sophisticated and high-volume logistics networks, having transported over 55 million tonnes of raw materials and finished aluminium products in FY2024-25 (FY25). For perspective, Indian Railways moved about 1,617 million tonnes of freight in the same period, making Vedanta Aluminium’s share ...

THEBUSINESSBYTES BUREAU JHARSUGUDA/LANJIGARH, AUGUST 11, 2025 Odisha’s tribal heartlands — home to vibrant communities such as the Kondh, Gond, Santal, Munda, and Saura — are celebrated for their distinctive cultures, crafts, and traditions. Yet, behind this cultural wealth lay decades of neglect, poverty, and isolation. In the rugged landscapes of Rayagada, the famine-scarred Kalahandi region of Lanjigarh, and the remote ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, AUGUST 11, 2025 Centurion University, in its long-standing partnership with LTIMindtree CSR, has launched the latest edition of its flagship skill development initiative — the “Empowerment” program. Now in its 11th year, the collaboration aims to train and secure employment for 800 rural youth over the next year. The initiative builds on a proven track record — ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, AUGUST 11, 2025 Kenstar, one of India’s leading home appliance brands, has launched an emotional nationwide initiative titled “Rakhi to the Coolest Bro” to mark the occasion of Raksha Bandhan. The campaign pays heartfelt tribute to the nation’s warriors — the armed forces — by reinforcing the deep emotional bond between citizens and soldiers. The initiative invited ...

NEW DELHI, AUGUST 11, 2025 Indian consumers are witnessing significant changes in the individual health insurance and private medical insurance landscape. Over the last few months, many policyholders have reported steep rises in their health insurance premiums. According to official filings and market reports, individual health insurers are now seeking their largest premium hikes in over five years. This trend ...

THEBUSINESSBYTES BUREAU NEW DELHI, AUGUST 9, 2025 The Confederation of Indian Industry (CII) Odisha convened an Interactive Session in the national capital with 14 Members of Parliament from the state, charting a collaborative roadmap for Odisha’s socio-economic advancement. The meeting brought together parliamentarians, members of the CII Odisha State Council, and senior industry leaders to align priorities for sustainable growth. ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, AUGUST 9, 2025 The Jindal Foundation, the social arm of Jindal Steel, has been conferred with the prestigious ‘FICCI Special Appreciation Award 2025’ as a ‘Socially Responsible Company for Promotion of Sports’. The award was presented by Rajashree Birla, Chairperson, FICCI Aditya Birla CSR Centre of Excellence, at a special ceremony hosted by FICCI to celebrate and ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, AUGUST 8, 2025 Odisha is poised to make sporting history by hosting India’s first-ever World Athletics Global Meet — the World Athletics Continental Tour Bronze — at the iconic Kalinga Stadium on August 10, 2025. Organized in collaboration with World Athletics and the Athletics Federation of India, this prestigious event cements Odisha’s place on the international athletics ...

THEBUSINESSBYTES BUREAU SAMBALPUR, AUGUST 8, 2025 In a strong push towards public health improvement and community welfare, Mahanadi Coalfields Limited (MCL) has committed ₹2.41 crore to provide nutritional support to tuberculosis (TB) patients in Jharsuguda district under the Pradhan Mantri TB Mukt Bharat Abhiyan. The initiative, part of MCL’s Corporate Social Responsibility (CSR) programme, will ensure the supply of 2,440 ...

THEBUSINESSBYTES BUREAU LANJIGARH (KALAHANDI), AUGUST 8, 2025 On the occasion of World Tribal Day, Vedanta Aluminium, India’s largest producer of aluminium, celebrates the inspiring transformation of Kalahandi — a district once marked by poverty and underdevelopment — into a national model for tribal-led progress and grassroots empowerment. In 2001, Kalahandi’s contribution to Odisha’s Gross District Domestic Product (GDDP) was less ...

THEBUSINESSBYTES BUREAU DHAMRA, AUGUST 8, 2025 In a landmark operational feat, Adani Dhamra Port has successfully handled its first-ever steel slab import, marking a significant expansion in its cargo portfolio and reinforcing its position as a key player in India’s logistics network. The milestone was achieved with the unloading of premium-grade steel slabs from the vessel M.V. HTK Neptune, followed ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, AUGUST 7, 2025 Navratna CPSE and the country’s leading producer and exporter of alumina and aluminium, National Aluminium Company Limited (NALCO), has delivered a stellar performance in the first quarter (Q1) of financial year 2025–26 (FY26), registering significant growth across key operational and financial metrics. According to the unaudited financial results approved by the Board of Directors ...

THEBUSINESSBYTES BUREAU JODA/BARBIL, AUGUST 7, 2025 Jindal Steel marked the 95th birth anniversary of its visionary founder, O.P. Jindal — fondly remembered as ‘Bauji’ in the Jindal Parivaar — with a day of reverence, cultural pride, and community engagement across its Barbil Pellet Plant, Tensa, and Kasia Iron Mines (BKT Units). At the Barbil Pellet Plant, the day began with ...

THEBUSINESSBYTES BUREAU ANGUL, AUGUST 7, 2025 Jindal Steel, Angul, paid a heartfelt tribute to its visionary founder, Om Prakash Jindal (fondly known as Bauji), on the occasion of his 95th birth anniversary. A series of commemorative events were organized across the Angul plant and township to celebrate Bauji’s enduring legacy of nation-building through industrial self-reliance. Marking the occasion with a ...

THEBUSINESSBYTES BUREAU KALAHANDI, AUGUST 6, 2025 Once etched in public memory as a symbol of poverty and deprivation, Kalahandi today tells a different story—one of aspiration, opportunity, and transformation. Over the past two decades, this landlocked district has undergone a remarkable metamorphosis, with education emerging as one of its strongest pillars of progress. At the heart of this change stands ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, AUGUST 6, 2025 Vedanta Aluminium, India’s largest producer of aluminium, recently concluded a week-long initiative aimed at promoting menstrual hygiene and adolescent health among rural schoolchildren in Odisha. The awareness drive covered more than 18 schools across the regions of Jamkhani, Kuraloi, and Ghogharpalli, benefiting over 1,100 students from Classes 6 to 10. The initiative was designed ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, AUGUST 6, 2025 The Jindal Foundation, the social development arm of Jindal Steel, has launched the fourth edition of its flagship initiative, Yashasvi, aimed at empowering girls and women from economically disadvantaged backgrounds through education and skill development. This year, the Foundation targets supporting over 5,000 women and girls across Odisha, Jharkhand, and Chhattisgarh. Under the Yashasvi ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, AUGUST 5, 2025 As the festival of Raksha Bandhan approaches, TP Central Odisha Distribution Limited (TPCODL) — a joint venture between Tata Power and the Government of Odisha — is lighting up lives beyond electricity through its flagship CSR initiative, Samridhi. Focused on women’s empowerment and the preservation of Odisha’s rich cultural heritage, TPCODL is supporting rural ...

THEBUSINESSBYTES BUREAU NEW DELHI, AUGUST 5, 2025 The Government of India is taking a significant leap toward enhancing cross-border e-commerce by launching the E-Commerce Export Hubs (ECEHs) initiative, which aims to support small and medium enterprises (SMEs), artisans, and small businesses through a comprehensive ecosystem of cost-effective logistics, streamlined regulatory processes, and simplified re-import mechanisms for returns and rejects. Under ...

THEBUSINESSBYTES BUREAU BHADRAK, AUGUST 5, 2025 Ferro Alloys Corporation Limited (FACOR), a Vedanta Group company, has launched a dry food meal initiative at Sri Ram Upper Primary (SRUP) School in Ostapal, under its flagship CSR programme, FACOR Sathi Siksha Amrut Pariyojana. The initiative is aimed at improving the nutritional intake of schoolchildren while promoting regular attendance. Under this programme, each ...

THEBUSINESSBYTES BUREAU AHMEDABAD, AUGUST 5, 2025 Adani Ports and Special Economic Zone Ltd (APSEZ), the flagship transportation arm of the Adani Group, reported a strong 21% year-on-year growth in consolidated revenue for the first quarter of FY26, reaching ₹9,126 crore. The robust performance was driven by a twofold surge in logistics and a 2.9-times jump in marine business revenues. The ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, AUGUST 4, 2025 Odisha Chief Minister Mohan Charan Majhi on Sunday felicitated Sweta Rani Mahanta, a promising athlete from the Jindal Sports Hostel, for her winning a bronze medal in the 48 kg category at the 12th Asian Junior Wushu Championship held in China. The honour was conferred during the closing ceremony of the 64th Senior Men’s ...

THEBUSINESSBYTES BUREAU LANJIGARH, AUGUST 2, 2025 In a significant milestone for grassroots skill development, Vedanta Aluminium — India’s largest producer of aluminium — has successfully completed the first batch of its food & beverage (F&B) training program at its Lanjigarh Skills Training Centre, securing an outstanding 92 per cent job placement rate. The initiative, focused on empowering local youth in ...

THEBUSINESSBYTES BUREAU PARADIP, AUGUST 1, 2025 Paradip Port has been conferred with the coveted “Major Port of the Year – Non-Containerised Cargo” award at the 15th edition of the All India Maritime and Logistics Awards (MALA) 2025. The prestigious ceremony, hosted by Exim India, was held in Mumbai on August 1 to recognize excellence and innovation across the Indian maritime ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, AUGUST 1, 2025 In a thrilling display of wit, speed, and intellect, KIIT International School emerged as the champion of “CSM Synapse”, Odisha’s premier inter-school quiz competition, hosted by CSM Tech in collaboration with Quizcraft Global. The dynamic team of Adweya Sarangi and Swastika Mishra outshone formidable contenders in a nail-biting finale to claim the Champion’s Trophy ...

THEBUSINESSBYTES BUREAU KEONJHAR/SUNDARGARH, AUGUST 1, 2025 ArcelorMittal Nippon Steel India (AM/NS India), as part of its flagship Corporate Social Responsibility (CSR) initiative, Project Trupti, has inaugurated two solar-powered drinking water supply units in the villages of Belkundi and Motupadar in Keonjhar and Sundargarh districts, respectively. These new units will provide the local communities with reliable access to safe and clean ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, AUGUST 1, 2025 IFFCO (Indian Farmers Fertiliser Cooperative Limited), a global leader in the fertilizer industry, has announced the appointment of KJ Patel as its new Managing Director. This pivotal move marks the beginning of a new era for the company, as Patel brings over three decades of experience in the fertilizer sector. KJ Patel, who previously ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JULY 31, 2025 Indian Metals & Ferro Alloys Ltd (IMFA), India’s leading producer of ferro alloys, has announced the appointment of Dr B K Mishra as the Non-Executive Chairman of the Company. Dr Mishra, a distinguished metallurgical engineer from NIT Rourkela with a PhD from the University of Utah, USA, brings to the role decades of experience ...

THEBUISNESSBYTES BUREAU BHUBANESWAR, JULY 31, 2025 Reaffirming its commitment to child health and nutrition, the Government of Odisha, through the Directorate of Health and Family Welfare in collaboration with UNICEF, organized a high-impact media workshop on Thursday to mark the upcoming World Breastfeeding Week 2025. The event, held at the Directorate’s Conference Hall, centered around the theme *“Prioritize Breastfeeding: Create ...

THEBUISNESSBYTES BUREAU BARBIL, JULY 31, 2025 Reinforcing its commitment to sustainable mining and ecological stewardship, JSW Steel Odisha has launched an impactful sapling distribution initiative across its key mining regions. The Environment, Safety & Forest department of the company has spearheaded this campaign, aimed at revitalizing green cover and fostering environmental awareness among local communities. As part of the initiative, ...

THEBUISNESSBYTES BUREAU BHUBANESWAR, JULY 31, 2025 With heavy rains continuing to lash Odisha and the India Meteorological Department (IMD) issuing yellow warnings for multiple districts, Tata Power-led Odisha discoms have scaled up their monsoon preparedness measures to ensure safe and uninterrupted electricity supply across the state. The four distribution companies — TPCODL, TPNODL, TPWODL, and TPSODL—are executing an intensified response ...

THEBUSINESSBYTES BUREAU AHMEDABAD, JULY 31, 2025 Adani Enterprises Ltd (AEL), the flagship company of the Adani Group, reported a 49.5 per cent decline in its consolidated net profit to Rs 734.41 crore for the first quarter of FY26, compared to Rs 1,454.50 crore in the same period last year. The sharp drop in profitability comes on the back of a ...

THEBUISNESSBYTES BUREAU BONGAIGAON, JULY 31, 2025 NTPC Bongaigaon concluded the four-week-long Girl Empowerment Mission (GEM) 2025 under the Prime Minister’s flagship programme *Beti Bachao Beti Padhao* on 30th July, 2025, with a vibrant cultural programme and de-registration ceremony at its Salakati township. The event marked the successful completion of a transformative residential initiative for 40 young girls from neighbouring communities. ...

Tata Power inaugurates Green Energy Skill Centre in Odisha to empower youth in renewable energy THEBUSINESSBYTES BUREAU CUTTACK, JULY 30, 2025 In a major boost to green skill development and India’s clean energy transition, Tata Power, through its training arm Tata Power Skill Development Institute (TPSDI) and in collaboration with TP Central Odisha Distribution Limited (TPCODL), inaugurated the TPSDI Green ...

THEBUSINESSBYTES BUREAU MUMBAI, JULY 30, 2025 Tata Steel on Wednesday announced a robust performance for the first quarter of Financial Year 2026, posting a consolidated profit after tax (PAT) of Rs 2,007 crore, marking a significant 118 per cent increase year-on-year (YoY). The company’s consolidated revenues for April-June quarter stood at Rs 53,178 crore, with an EBITDA of Rs 7,480 ...

THEBUSINESSBYTES BUREAU NEW DELHI, JULY 29, 2025 Vedanta Aluminium has emerged as the frontrunner in India’s capital expenditure landscape for the first quarter of FY26, spearheading the country’s largest private sector investment of the period with a Rs 1.3 trillion greenfield aluminium project in Odisha. According to data from the Centre for Monitoring Indian Economy (CMIE) published by Mint, the ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JULY 29, 2025 TP Central Odisha Distribution Limited (TPCODL), a joint venture between Tata Power and the Government of Odisha, celebrated Ethics Day to commemorate the 121st birth anniversary of Bharat Ratna J.R.D. Tata — the legendary industrialist whose visionary leadership laid the foundation for ethical corporate governance in India. Led by CEO Arvind Singh and senior ...

Jehangir Ratanji Dadabhoy Tata, affectionately known as JRD Tata, was not just an iconic industrialist; he was a transformative visionary who believed in building a future where progress, people, and the planet thrive together. As the guiding force behind the Tata Group, he transcended the conventional role of a business leader, becoming a humanitarian who shaped India’s approach to sustainable ...

THEBUSINESSBYTES BUREAU ANGUL, JULY 28, 2025 In a spirited celebration of leadership and responsibility, O.P. Jindal School, Angul, hosted its prestigious Investiture Ceremony at the scenic Eden Garden in Jindal Nagar. The solemn occasion witnessed the ceremonial conferring of responsibilities to the newly appointed student leaders, setting the tone for a year of dedication and service. Dilip Kumar Sinha, President ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JULY 28, 2025 Utkal Alumina International Ltd. (UAIL), a subsidiary of Hindalco under the Aditya Birla Group, is making a remarkable impact through its flagship CSR initiative ‘Nirogsala’. Designed to provide both preventive and curative healthcare, the project ensures accessible medical services in the remote villages of Rayagada district, Odisha. Operating in far-flung areas like Paikakupakhal, Andirakanch, ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JULY 28, 2025 In a remarkable step towards fostering women empowerment and inclusive development, TP Central Odisha Distribution Limited (TPCODL) has successfully facilitated a recruitment drive under its flagship Roshni Vocational Training Program. Conducted in collaboration with Cedrafilteration Pvt. Ltd. (Cedrafil) Garment Factory, the initiative provided a promising platform for NSDC-certified Self-Employed Tailor trainees to translate their ...

THEBUSINESSBYTES BUREAU PARADIP, JULY 28, 2025 Paradip Port Authority (PPA) on Monday announced a monumental achievement, having clocked an unprecedented 50.00 Million Metric Tonnes (MMT) of cargo throughput in the current fiscal year. This remarkable feat has been accomplished in record time, making it the fastest 50 MMT ever handled in the Port’s illustrious history, underscoring its escalating efficiency and ...

By PRIYABRAT In the era of smartphones and instant gratification, social media has evolved into a double-edged sword. While it empowers consumers to voice their concerns, it has also become a breeding ground for misinformation, exaggeration, and, at times, misplaced outrage. One sector increasingly finding itself in the eye of this digital storm is power distribution — particularly in Odisha, ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JULY 28, 2025 Paradeep Phosphates Limited (PPL) has been honoured for its exemplary contribution to the restoration of the mangrove ecosystem in Odisha, reinforcing its commitment to environmental sustainability and climate resilience. The recognition was conferred during a special workshop held on July 26 in Bhubaneswar to mark the International Day for the Conservation of the Mangrove ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JULY 27, 2025 Reaffirming its commitment to environmental sustainability, TP Central Odisha Distribution Limited (TPCODL), a joint venture between Tata Power and the Government of Odisha, celebrated Van Mahotsav across multiple locations with tree plantation drives aimed at promoting ecological awareness and increasing green cover. The week-long campaign witnessed enthusiastic participation from TPCODL employees and local communities ...

THEBUSINESSBYTES BUREAU MUMBAI, JULY 27, 2025 Savings deposit rates of several public sector banks (PSBs) have hit historic lows since their deregulation in 2011, according to the Reserve Bank of India’s (RBI) July bulletin. The central bank noted a broad-based moderation in deposit and lending rates across the banking sector in response to recent monetary policy easing. The RBI highlighted ...