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Author Archives: Editor

TPCODL wins prestigious CSR TIMES Award for women empowerment initiative

THEBUSINESSBYTES BUREAU BHUBANESWAR, JULY 25, 2025 TP Central Odisha Distribution Limited (TPCODL), a pioneering joint venture between Tata Power and the Government of Odisha, has been awarded the prestigious CSR TIMES Award at the 12th National CSR Summit 2025 in New Delhi. The award recognises TPCODL’s exceptional work in the field of women empowerment, particularly through its flagship initiative, Samriddhi ...

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TPCODL boosts power infrastructure in Pipili-Delang; MLA Ashrit Pattanayak inaugurates new feeder lines

THEBUSINESSBYTES BUREAU BHUBANESWAR, JULY 26, 2025 In a major stride toward strengthening rural power infrastructure, TP Central Odisha Distribution Limited (TPCODL) has commissioned two new 33 kV feeder lines in the Pipili-Delang region under Phase IV of the Odisha Distribution System Strengthening Project (ODSSP), a flagship initiative of the State Government under the Mukhyamantri Shakti Vikas Yojana. The newly energized lines ...

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AM/NS India secures first license for CSIR-CRRI’s steel slag tech to boost green road building

THEBUSINESSBYTES BUREAU NEW DELHI/MUMBAI, JULY 25, 2025 ArcelorMittal Nippon Steel India (AM/NS India) has become the first company in the country to secure a license for the cutting-edge steel slag valorisation technology developed by the Council of Scientific and Industrial Research – Central Road Research Institute (CSIR-CRRI). This pioneering partnership marks a significant step toward sustainable infrastructure by enabling the ...

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Hindalco signs MoUs with Odisha Govt to set up apparel units in Keonjhar and Sambalpur; Rs 200 crore investment to create 2,400 jobs

THEBUSINESSBYTES BUREAU BHUBANESWAR, JULY 25, 2025 In a major push to industrial development and employment generation in Odisha, Hindalco Industries Ltd, the flagship metals company of the Aditya Birla Group, has inked two Memoranda of Understanding (MoUs) with the Government of Odisha to establish apparel manufacturing units in Kendujhar and Sambalpur districts. The total investment commitment stands at Rs 200 ...

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Vedanta Aluminium expands Primary Foundry Alloy Capacity by 120 KTPA at Jharsuguda Plant

THEBUSINESSBYTES BUREAU NEW DELHI, JULY 25, 2025 Vedanta Aluminium, India’s largest aluminium producer, has announced a significant expansion at its Special Economic Zone (SEZ) facility in Jharsuguda, Odisha, enhancing the installed capacity of its Primary Foundry Alloy (PFA) unit by 120 kilo tonnes per annum (KTPA). This move is poised to reinforce India’s position in the global aluminium value chain, ...

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Vedanta Aluminium provides nutritional support to TB patients in Sundargarh under PM’s Nikshay Mitra Programme

THEBUSINESSBYTES BUREAU BHUBANESWAR, JULY 25, 2025 Vedanta Aluminium, India’s largest producer of aluminium, has extended its support to the Prime Minister’s Nikshay Mitra initiative by aiding tuberculosis (TB) patients in the Balishankara block of Sundargarh district, Odisha. This effort aligns with the national ‘TB Mukt Bharat Abhiyaan’ (TB-Free India Campaign) and aims to improve recovery outcomes through nutritional support. In ...

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Odisha Governor applauds NALCO’s role in industrial growth and nation building

THEBUSINESSBYTES BUREAU BHUBANESWAR, JULY 25, 2025 Odisha Governor Dr. Hari Babu Kambhampati visited the Corporate Office of National Aluminium Company Limited (NALCO) in Bhubaneswar on Friday, highlighting the company’s significant contributions to industrial development and nation-building. As part of the visit, Dr. Kambhampati planted a sapling under the ‘Ek Ped Maa Ke Naam’ initiative, emphasizing the importance of environmental sustainability ...

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Odisha Governor felicitates Jindal Foundation’s Wushu champions for international glory

THEBUSINESSBYTES BUREAU BHUBANESWAR, JULY 24, 2025 In a heartening recognition of grassroots sports excellence, Odisha Governor Dr. Hari Babu Kambhampati felicitated two rising Wushu stars — Prem Munda and Rajkumar Munda — at a special ceremony held on July 23 at Raj Bhawan, Bhubaneswar. Hailing from the tribal heartland of Barbil and trained under the Jindal Foundation’s Wushu Programme, the ...

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Renault India unveils all-new Triber, reinventing the family car experience for modern India

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 ...

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Young archer from Vedanta Aluminium’s training program brings laurels to Kalahandi

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 ...

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India charts a resilient path amid global trade turbulence: RBI

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, ...

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Jindal Steel & Power Limited renamed as Jindal Steel Limited

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 ...

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NUCFDC and IIA india join forces to transform audit and governance landscape of urban cooperative banks

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 ...

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Netafim India celebrates 60 years of transforming agriculture through precision irrigation

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 ...

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Ink, Ethics and Everything in Between

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 ...

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Odisha’s homegrown young engineers power India’s first statewide Power Distribution Technology Centre

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 ...

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TPCODL urges consumers to follow electrical safety measures during monsoon

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, ...

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SBI Card and PhonePe forge strategic alliance; launch feature-rich co-branded credit cards

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 ...

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Acer unveils Predator Helios Neo 16 AI and 16S AI laptops in India, starting at ₹1,54,999

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 ...

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India has a critical opportunity to build resilient cities, says World Bank Report

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 ...

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Why Material Matters: Are We Really Testing What Touches Our Food?

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 ...

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Vedanta dismisses Viceroy’s allegations of semiconductor unit being a ‘Sham Operation’

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 ...

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With Vedanta’s support, young archers from Kalahandi take aim at national glory

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 ...

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Former CJI Dr. D.Y. Chandrachud denounces Viceroy’s Report on Vedanta as baseless and defamatory

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 ...

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Jio Financial and Allianz Forge 50:50 reinsurance joint venture to strengthen India’s insurance ecosystem

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 ...

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Over 40,000 new transformers installed by Tata Power-led Odisha discoms to strengthen distribution network, benefiting lakhs of consumers

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 ...

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Vedanta Aluminium brings quality healthcare to Kalahandi’s doorstep with mega medical camp

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 ...

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Vedanta’s credit ratings reaffirmed by CRISIL and ICRA

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 ...

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Vedanta Aluminium partners with ICAR-CTCRI to transform red mud into a sustainable farming solution

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 ...

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Bharti AXA Life Insurance launches ‘Guaranteed Bachat Plan’ to empower middle-income India with simple, assured financial security

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 ...

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IGI reaffirms global commitment to universal 4Cs grading standard for all diamonds

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 ...

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NTPC Bongaigaon welcomes ADC Kabita Deka for inspirational session under GEM

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 ...

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TPCODL launches inclusive digital payment platform in collaboration with Razorpay and Razorpay

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 ...

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When the Face Fades

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 ...

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Why Should India Wait for Foreign Campuses?

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, ...

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Jindal Foundation wins CSR TIMES Gold Award for pioneering grassroots sports development

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) ...

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Aditya Aluminium’s ‘Vision Centre’ brings transformative eye care to Rengali

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 ...

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AM/NS India launches state-of-the-art Continuous Galvanising Line, revolutionizing automotive steel production in India

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 ...

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Vedanta Aluminium illuminates 21 villages across Kalahandi and Rayagada districts with solar street lights

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. ...

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Vedanta Aluminium inaugurates state-of-the-art Driver Welfare Complex at Jharsuguda

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 ...

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Sintex launches ‘SMART’ tank in Odisha to promote safe water storage and better health during monsoon

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 ...

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IIM Sambalpur hosts global conference on Metaverse Banking, champions vision for Viksit Bharat@2047

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 ...

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Orient Cables files DRHP with SEBI for ₹700 Crore IPO to fuel expansion and debt reduction

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 ...

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Hinduja Foundation marks World Youth Skills Day by empowering over 8 lakh youth across 15 states

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 ...

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Vantara and Gujarat Forest Department boost biodiversity in Banni Grasslands with Spotted Deer Reintroduction

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 ...

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World Youth Skills Day: Vedanta Aluminium empowers over 15,000 youth nationwide through transformative skilling initiatives

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 ...

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Reliance Consumer Products partners with Chaudhary Group to launch Iconic Campa brand in Nepal

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 ...

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Jindal Steel’s Kasia and Tensa Mines sweep top honours at 42nd Metalliferous Mines Safety Week

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 ...

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