THEBUSINESSBYTES BUREAU PUNE, AUGUST 14, 2025 SANY India, a leading manufacturer of construction, mining, logistics, and energy equipment, marked India’s 79th Independence Day with the launch of its latest innovation — the SY35U PRO, an advanced 3.5-ton hydraulic excavator engineered for superior performance, enhanced comfort, and high reliability. Designed and manufactured at SANY’s Pune facility, the SY35U PRO is tailored ...

THEBUSINESSBYTES BUREAU NEW DELHI, AUGUST 14, 2025 In a significant push to strengthen credit access for micro, small and medium enterprises (MSMEs), the National Small Industries Corporation (NSIC) has signed Memoranda of Understandings (MoUs) with leading private sector banks including Axis Bank, Dhanlaxmi Bank, Karnataka Bank, AU Small Finance Bank, and IndusInd Bank under its MSME Credit Facilitation Program. The ...

THEBUSINESSBYTES BUREAU NEW DELHI, AUGUST 14, 2025 Bharat Sanchar Nigam Limited (BSNL) on Thursday announced the nationwide launch of its network-side Anti-Spam and Anti-Smishing protection for mobile customers, delivering a “safe, secure, and always connected” experience without requiring any app installation or user intervention. The system, which filters malicious SMS links in real time before delivery, ensures that phishing URLs ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, AUGUST 14, 2025 Vedanta Aluminium, India’s largest aluminium producer, has rolled out a comprehensive series of targeted monsoon health initiatives to strengthen community well-being in Rayagada and Kalahandi districts of Odisha. These interventions are being delivered through the company’s Mobile Health Unit (MHU) programme, a cornerstone of its community development efforts. More than 1,500 people benefited from ...

THEBUSINESSBYTES BUREAU NEW DELHI, AUGUST 14, 2025 India’s wholesale price inflation slid deeper into the negative zone in July, touching a two-year low of (-) 0.58 per cent year-on-year, as easing food and fuel costs provided relief to producers and consumers alike. The fall, revealed in Commerce and Industry Ministry data on Thursday, comes after June’s reading of (-) 0.13 ...

THEBUSINESSBYTES BUREAU NEW DELHI, AUGUST 14, 2025 Transforming India’s research institutions into globally competitive powerhouses requires bold reforms, institutional benchmarking, and stronger academia–industry linkages, according to Dr. V. K. Saraswat, Member, NITI Aayog. Delivering the closing address at the Fifth Consultative Meeting on “Ease of Doing Research & Development (R&D)” in Ahmedabad on Wednesday, Saraswat stressed that reducing friction across ...

THEBUSINESSBYTES BUREAU NEW DELHI, AUGUST 14, 2025 Casio India, a subsidiary of Japan’s Casio Computer Co. Ltd., has announced the sale of its first locally manufactured watch models, marking a significant milestone in the brand’s India journey. The move reflects Casio’s strategic vision to expand its local footprint, strengthen product availability, and align with India’s national manufacturing goals while staying ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, AUGUST 13, 2025 TP Central Odisha Distribution Limited (TPCODL), a joint venture of Tata Power and the Government of Odisha, is driving social transformation through its flagship CSR initiatives – Project Daksh and the Odisha Green Jobs Academy. These programs are equipping rural youth and women with industry-ready skills, unlocking pathways to employment, financial independence, and sustainable ...

THEBUSINESSBYTES BUREAU NEW DELHI, AUGUST 13, 2025 Vedanta Aluminium, India’s largest aluminium producer, marked International Youth Day by celebrating the dynamism and innovation of its young workforce, which is redefining manufacturing, sustainability, and technology across its operations in Odisha, Chhattisgarh, and Andhra Pradesh. With an average employee age of just 31 and 65 per cent of its workforce under the ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, AUGUST 13, 2025 In a major step towards modernizing India’s vocational training ecosystem, the Ministry of Skill Development & Entrepreneurship (MSDE), Government of India, in partnership with the Skill Development & Technical Education Department, Government of Odisha, convened a Consultative Workshop on the National Scheme for ITI Upgradation at the World Skill Center, Bhubaneswar. The workshop served ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, August 13, 2025 SBI Life Insurance, one of India’s most trusted private life insurers, has launched its latest protection offering — ‘SBI Life – Smart Shield Plus’ — a next-generation term insurance plan designed to meet the changing protection needs of today’s consumers. An individual, non-linked, non-participating pure risk life insurance product, ‘Smart Shield Plus’ provides a ...

THEBUSINESSBYTES BUREAU MUMBAI, AUGUST 13, 2025 Odysse Electric Vehicles, one of India’s fastest-growing premium electric two-wheeler manufacturers, today rolled out its latest high-speed electric scooter – Odysse SUN – designed to redefine urban commuting with a blend of performance, luxury, and cutting-edge technology. Engineered for the modern rider, the Odysse SUN boasts a top speed of 70 km/h and an ...

THEBUSINESSBYTES BUREAU PUNE, AUGUST 13, 2025 Finolex Cables Ltd. (FCL), India’s leading manufacturer of electrical and communication cables, on Tuesday announced a strong performance for the first quarter of FY 2025-26, with revenues reaching ₹1,395.5 crore, up 13 per cent from ₹1,230.5 crore in the same period last year. The company’s growth was driven by a significant 96 per cent ...

THEBUSINESSBYTES BUREAU AHMEDABAD, AUGUST 13, 2025 In a remarkable blend of heritage and resilience, Bhojrajbhai Damjibhai, a differently abled Mashroo weaving artisan from Gadhshisha, Kutch, has been conferred the prestigious ‘National Handloom Award 2025’ for bringing back to life the rare ‘Bharasai Mashroo’ design — a 400-year-old floral motif once thought lost to history. The award was presented on the ...

THEBUSINESSBYTES BUREAU PARADIP, AUGUST 13, 2025 In a strong show of commitment to a healthier and addiction-free society, Paradip Port Authority (PPA) on Wednesday hosted a special pledge ceremony and awareness seminar under the ‘Nasha Mukt Bharat Abhiyan’ (Drug-Free India Campaign), a flagship initiative of the Ministry of Social Justice and Empowerment, Government of India. Held at the PPA Administrative ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, AUGUST 12, 2025 “Odisha is a land full of opportunities — rich in both natural and human resources. With schemes like Lakhyapati Didi, the government is empowering women and promoting rural entrepreneurship. MSME development in these regions is key to inclusive growth,” said Gokula Nanda Mallik, Minister of State for Fisheries & Animal Resources Development, and MSME, ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, AUGUST 12, 2025 In what has become one of India’s most inspiring public utility success stories, Odisha’s power sector has undergone a remarkable transformation, emerging as a national model for electricity distribution reform. Since 2020, through a visionary Public-Private Partnership (PPP) with Tata Power, the state has tackled chronic inefficiencies, modernised ageing infrastructure, and expanded access to ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, AUGUST 12, 2025 At one of the world’s largest and most advanced aluminium plants, a quiet revolution is underway. Young professionals at Vedanta Aluminium’s Jharsuguda smelter are increasingly taking charge of roles once thought to be the domain of seasoned veterans — leading high-impact operations and reshaping the future of Indian industry. Armed with innovative ideas, a ...

THEBUSINESSBYTES BUREAU NEW DELHI, AUGUST 12, 2025 The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved four major semiconductor manufacturing projects under the India Semiconductor Mission (ISM), marking a fresh push towards strengthening the nation’s chip-making capabilities. With a combined investment of around ₹4,600 crore, these units are set to come up in Odisha, Punjab, and Andhra Pradesh, ...

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 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 ...