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 ...

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 ...

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 ...

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 ...

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 ...

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, ...

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 ...

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 ...

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 ...

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 ...