The Business Bytes

THEBUSINESSBYTES BUREAU JODA/BARBIL, JUNE 6, 2025 Jindal Steel & Power (JSP) reaffirmed its commitment to environmental stewardship with vibrant celebrations of World Environment Day across its Barbil Pellet Plant, Kasia, and Tensa mines. Aligned with the global theme ‘Beat Plastic Pollution,’ the company organized a series of impactful initiatives that brought together employees, families, local communities, and forest officials. JSP ...

THEBUSINESSBYTES BUREAU MUMBAI, JUNE 6, 2025 In a bold and growth-oriented move, the Reserve Bank of India (RBI) on Friday slashed the benchmark repo rate by 50 basis points, bringing it down from 6 per cent to 5.5 per cent. Announcing the decision, RBI Governor Sanjay Malhotra said the rate cut aims to stimulate economic activity as inflation has dipped ...

THEBUSINESSBYTES BUREAU NEW DELHI, JUNE 5, 2025 Reinforcing its commitment to a sustainable future, India marked World Environment Day 2025 with a grand celebration at Bharat Mandapam, New Delhi, under the unifying theme, “One Nation, One Mission: End Plastic Pollution.” Organized by the Union Ministry of Environment, Forest and Climate Change, the event drew participation from top government officials, industry ...

THEBUSINESSBYTES BUREAU NEW DELHI, JUNE 5, 2025 Reaffirming its commitment to environmental sustainability on World Environment Day, Punjab National Bank (PNB), one of India’s leading public sector banks, has announced a special initiative to promote green mobility. As part of this effort, PNB is offering electric vehicle loans at interest rates starting from 8.30 per cent, with an exclusive 0.05 ...

THEBUSINESSBYTES BUREAU JAJPUR, JUNE 5, 2025 Marking yet another milestone in its illustrious journey, Sreeleathers, one of India’s most iconic footwear brands, has inaugurated its newest showroom in Jajpur Town, Odisha. Strategically located on Kusuma Road, the store is set to offer a wide array of premium footwear and leather products, bringing the brand’s trademark blend of quality, affordability, and ...

THEBUSINESSBYTES BUREAU BIJAHAN, JUNE 5, 2025 Mahanadi Mines & Minerals Private Limited marked World Environment Day at its Bijahan coal mining project with a spirited celebration focused on community involvement and youth engagement. In line with the global theme of sustainability, the company organized a series of awareness programs for school students across the villages of Bijahan, Bhograkachhar, Jharpalam, and ...

THEBUSINESSBYTES BUREAU ANGUL, JUNE 5, 2025 Jindal Steel and Power (JSP), Angul, celebrated World Environment Day 2025 with a vibrant array of activities focused on the global theme, “Beat Plastic Pollution.” The event brought together employees, their families, local residents, and environmental advocates to reaffirm their collective commitment to sustainability and the reduction of plastic waste. The day began on ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JUNE 5, 2025 TP Central Odisha Distribution Limited (TPCODL), a joint venture between Tata Power and the Government of Odisha, hosted its much-awaited Mega “Bill Pay & Win” event at the MDC Auditorium in Bhubaneswar, honouring responsible consumers who consistently pay their electricity bills on time through digital channels. As part of this unique initiative, 80 customers ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JUNE 5, 2025 In a significant milestone for India’s electric vehicle landscape, Oben Electric, a homegrown R&D-driven electric motorcycle manufacturer, has officially entered Eastern India with the launch of its new showroom and service center in Bhubaneswar. This latest addition marks the company’s presence in 26 cities nationwide, with 37 showrooms now operational across India. The Bhubaneswar ...

THEBUSINESSBYTES BUREAU NEW DELHI, JUNE 5, 2025 In a significant move to transform India’s maritime landscape and reinforce its position in the global logistics ecosystem, Union Minister for Ports, Shipping, and Waterways Sarbananda Sonowal announced a $20 billion commitment toward the development of maritime infrastructure. Speaking at the India Country Session in Oslo, the minister outlined a comprehensive roadmap aimed ...