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 ...

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, ...

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) ...

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 ...

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 ...

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. ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

THEBUSINESSBYTES BUREAU NEW DELHI, JULY 14, 2025 Retail inflation in India dropped sharply to a six-year low of 2.1% in June 2025, reflecting the impact of widespread monsoon and falling food prices, bringing the rate close to the Reserve Bank of India’s (RBI) comfort zone. This marks a notable decline from 2.82% in May and 5.08% in June 2024, continuing ...

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 ...

THEBUSINESSBYTES BUREAU SUNDARGARH, JULY 14, 2025 Demonstrating its unwavering dedication to community welfare, Mahanadi Mines and Minerals has launched a transformative eye care initiative, positively impacting 300 villagers across four remote villages in Sundargarh district. This meaningful outreach reinforces the company’s commitment to sustainable and inclusive development with a sharp focus on rural health. The latest leg of the distribution ...

THEBUSINESSBYTES BUREAU BARBIL, JULY 14, 2025 JSW Steel’s Odisha mining division stood out with remarkable distinction at the grand finale of the 42nd Annual Mines Safety Week–2024 (AMSWC), clinching two prestigious Overall Performance Awards. The high-profile event was conducted under the aegis of the Directorate General of Mines Safety (DGMS), Bhubaneswar Region, on Sunday. Demonstrating an unwavering commitment to safety ...

THEBUSINESSBYTES BUREAU JAJPUR, JULY 14, 2025 Marking a transformative stride toward inclusive and people-centric development, the Bansidhar & Ila Panda Foundation (BIPF) — the CSR arm of Indian Metals & Ferro Alloys Limited (IMFA) — ceremoniously launched its two flagship community outreach initiatives, Kanya Express and e-Shikshya Express, in Kalinganagar, Jajpur on Monday. The launch event was graced by P. ...

THEBUSINESSBYTES BUREAU MUMBAI, JULY 14, 2025 Ageas Federal Life Insurance, one of India’s leading private life insurers, has announced the launch of the India Sector Leaders Fund — a first-of-its-kind offering in the life insurance space. This pioneering fund provides policyholders the opportunity to invest in top-performing domestic equities, with a focus on medium- to long-term wealth creation. Launched at ...

THEBUSINESSBYTES BUREAU MUMBAI, JULY 14, 2025 Capri Global Housing Finance Limited (CGHFL), a wholly-owned subsidiary of Capri Global Capital Ltd., has been awarded at the inaugural Housing and Housing Finance Excellence Awards 2024–25 instituted by the National Housing Bank (NHB). The recognition, presented in New Delhi, celebrates CGHFL’s exemplary performance in the ₹1,000–₹5,000 crore housing loan portfolio category. This prestigious ...

THEBUSINESSBYTES BUREAU MUMBAI, JULY 12, 2025 The National Bank for Agriculture and Rural Development (NABARD) on Saturday commemorated its 44th Foundation Day with a landmark celebration in Chennai, reaffirming its vital role in shaping India’s rural transformation. The event showcased NABARD’s enduring legacy, while also launching bold, forward-looking initiatives aimed at deepening its development impact across the country. The commemorative ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JULY 12, 2025 As the colossal chariots of Lord Jagannath, Lord Balabhadra, and Gooddess Subhadra rolled through Puri’s Grand Road this Rath Yatra, TP Central Odisha Distribution Limited (TPCODL) — a joint venture of Tata Power and the Government of Odisha — rolled out help of another kind: its Mobile Health Dispensaries (MHDs). Operated under the CSR health ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JULY 12, 2025 Indriya, the premium jewellery brand from the Aditya Birla Group, has inaugurated its first-ever store in Bhubaneswar, marking a strategic foray into Odisha’s culturally rich and design-conscious market. The launch reflects Indriya’s vision to redefine jewellery retail by offering a harmonious blend of tradition, innovation, and immersive experiences. Speaking at the launch, Ananthanarayanan Hariharan, ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JULY 11, 2025 Further reinforcing its commanding leadership as Odisha’s No. 1 digital service provider, Reliance Jio has once again emerged at the forefront by registering the highest addition of new mobile subscribers in the state for May 2025. According to the latest telecom subscription data released by the Telecom Regulatory Authority of India (TRAI), Jio added ...

THEBUSINESSBYTES BUREAU SHILLONG, JULY 11, 2025 Union Minister of Finance and Corporate Affairs, Nirmala Sitharaman, underscored the Government of India’s commitment to empowering youth through industry-integrated learning while addressing the Prime Minister’s Internship Scheme (PMIS) North-East Roundtable held at the Courtyard by Marriott, Shillong. The high-profile event was also attended by Meghalaya Chief Minister Conrad K. Sangma and senior officials ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JULY 10, 2025 In a significant crackdown on corruption, the Central Bureau of Investigation (CBI) has apprehended the Chief Manager (Mining) of Mahanadi Coal Limited (MCL), Basundhara Area, Sundergarh, Odisha, for allegedly demanding and accepting a bribe of ₹20,000. According to official sources, the case was registered by the CBI on July 9, 2025, following a complaint ...

THEBUSINESSBYTES BUREAU NEW DELHI, JULY 10, 2025 At the milestone 60th Annual General Meeting of Vedanta Ltd., Chairman Anil Agarwal unveiled a transformative vision for the company’s future, anchored in a bold ‘3D Strategy’—Demerger, Diversification, and Deleveraging. This strategic blueprint is aimed at doubling the size of the company while unlocking maximum value for stakeholders, setting the stage for Vedanta’s ...

THEBUSINESSBYTES BUREAU LANJIGARH, JULY 10, 2025 In a powerful showcase of grassroots entrepreneurship and women’s empowerment, Vedanta Aluminium, India’s largest aluminium producer, spotlighted the success of rural women entrepreneurs from Kalahandi district at the Vikas Mela 2025. Organized to mark the first anniversary of the Odisha government under the leadership of Chief Minister Shri Mohan Charan Majhi, the event served ...

THEBUSINESSBYTES BUREAU TIRUNELVELI, JULY 10, 2025 As India fast-tracks its clean energy mission in pursuit of its Net Zero goal by 2030, solar energy stands at the forefront of this national transformation. In Odisha, where energy demand is rising steadily and policy support for renewables is strong, the momentum for solar adoption has never been greater. At the centre of ...

THEBUSINESSBYTES BUREAU ANGUL, JULY 9, 2025 The sacred precincts of Devbhoomi Temple in Jindal Nagar resonated with chants of devotion and spiritual ecstasy as Mahaprabhu Jagannath, Mahaprabhu Balabhadra, Devi Subhadra, and Lord Sudarshan made their divine return to their sanctum during the Neeladri Bije celebration. Thousands of devotees from Jindal Nagar and neighbouring villages gathered in reverence to witness the ...

THEBUSINESSBYTES BUREAU LUCKNOW, JULY 9, 2025 Reaffirming its steadfast commitment to environmental sustainability and green initiatives, NTPC Northern Region Headquarters carried out a large-scale plantation drive on Wednesday under the banner of the ‘Ek Ped Maa Ke Naam 2.0’ campaign. Spearheading the event was Goutam Deb, Regional Executive Director (North), who personally planted saplings at the NTPC NRHQ campus in ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JULY 9, 2025 In a vibrant tribute to Odisha’s most revered spiritual festival, Vedanta Aluminium, India’s largest producer of aluminium, concluded its Rath Yatra 2025 celebrations with grandeur and devotion, reaching out to over 5 lakh devotees across the state. Blending deep spiritual observance with rich cultural expression, the celebrations reaffirmed Vedanta’s unwavering commitment to preserving Odisha’s ...

THEBUSINESSBYTES BUREAU LUCKNOW, JULY 8, 2025 NTPC Limited, India’s largest power utility, has announced the appointment of Goutam Deb as the new Regional Executive Director (North). In his new role, Deb will oversee operations across NTPC’s projects in Uttar Pradesh, Haryana, Rajasthan, as well as the Northern Region Headquarters based in Lucknow. Alongside this, he will also hold the key ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JULY 8, 2025 Once synonymous with famine, malnutrition, and disease, Kalahandi in Odisha is now steadily emerging as a beacon of rural health and hope — thanks to the tireless efforts of doctors and healthcare teams supported by Vedanta Aluminium. In remote villages where medical access was once a distant dream, the reassuring presence of doctors and ...

THEBUSINESSBYTES BUREAU NEW DELHI, JULY 8, 2025 Sonalika Tractors, India’s leading tractor export brand, has begun FY’26 on a high note, achieving its highest-ever Q1 overall sales of 43,603 tractors during April–June 2025. Renowned for its robust, farmer-centric innovations, the company continues to set new benchmarks in the agri-machinery sector, driven by its promise of ‘Dum Aage Badhne Ka’ and ...

THEBUSINESSBYTES BUREAU MUMBAI, JULY 8, 2025 In a significant move to promote informed shareholder participation, the National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL) have jointly introduced a new Proxy Advisor Voting feature within their respective investor platforms. The feature, aimed at strengthening retail engagement in corporate governance, was officially launched by Securities and Exchange Board ...

THEBUSINESSBYTES BUREAU MUMBAI, JULY 8, 2025 Odysse Electric Vehicles, one of India’s fastest-growing premium electric two-wheeler manufacturers, has expanded its product portfolio with the launch of the all-new Racer Neo, a refined and upgraded version of its widely popular Racer model. Priced attractively at ₹52,000 for the Graphene variant and ₹63,000 for the Lithium-ion version (ex-showroom), the Racer Neo is ...

THEBUSINESSBYTES BUREAU NEW DELHI, JULY 7, 2025 Jindal (India) Limited, a key entity of the B.C. Jindal Group and a major player in downstream steel products, has received a Letter of Approval (LoA) to set up a ₹3,600 crore greenfield steel manufacturing plant in Dhenkanal, Odisha. The project, approved by the High-Level Clearance Authority (HLCA) under the chairmanship of Chief ...

THEBUSINESSBYTES BUREAU BARBIL, JULY 8, 2025 JSW Steel’s Narayanposhi iron and manganese mine in Odisha has been awarded the prestigious 5-Star rating by the Indian Bureau of Mines (IBM), under the Ministry of Mines, Government of India. The honour recognizes the mine’s outstanding performance in sustainable development, environmental stewardship, and corporate social responsibility. The award was presented at a special ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JULY 7, 2025 In a remarkable display of devotion and service, the Jindal Foundation — the social arm of Jindal Steel & Power — served over two million (20 lakh) freshly prepared traditional meals to devotees during the Rath Yatra 2025 in Puri. The initiative, rooted in a decade-long tradition of selfless service, spanned 11 days — ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JULY 7, 2025 Vedanta Aluminium, India’s largest aluminium producer, has been delivering quality healthcare services to over 35,000 residents across 52 remote villages in Odisha through its flagship Mobile Health Unit (MHU) initiative. Operating in the districts of Rayagada, Kalahandi, Sundargarh, and Jharsuguda, the company has conducted more than 2,000 free health camps over the past two ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JULY 7, 2025 Tata Steel is advancing its mission to build a more sustainable and inclusive future by placing human rights and environmental stewardship at the core of its operations. Guided by ethical principles and shaped through stakeholder engagement, the company’s comprehensive sustainability strategy addresses key social and environmental challenges. At the heart of Tata Steel’s decarbonization ...

THEBUSINESSBYTES BUREAU PURI, JULY 7, 2025 AWL Agri Business Ltd. (formerly Adani Wilmar Ltd.), one of India’s largest food FMCG companies, has launched an ambitious and culturally immersive campaign for Rath Yatra 2025 in Puri. Blending devotion with innovation, the company aims to offer devotees a multi-sensory experience that brings together the richness of local tradition with the power of ...

THEBUSINESSBYTES BUREAU NEW DELHI, JULY 7, 2025 JioBlackRock Asset Management Pvt. Ltd., a 50:50 joint venture between Jio Financial Services Limited (JFSL) and global investment giant BlackRock, has successfully concluded its maiden New Fund Offer (NFO), raising an impressive ₹17,800 crore (approximately USD 2.1 billion). The three-day offering, launched on June 30, 2025, and closed on July 2, marks one ...

THEBUSINESSBYTES BUREAU NEW DELHI, JULY 7, 2025 India’s overall automobile retail sales across all vehicle segments rose 4.84 per cent year-on-year in June 2025, crossing the 20.03 lakh mark, according to data released by the Federation of Automotive Dealers Associations (FADA). The growth was primarily fuelled by festival and marriage-season demand, despite market headwinds such as financing constraints and supply-side ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JULY 7, 2025 Aviva Life Insurance, one of India’s leading private life insurers, has been honoured with the prestigious Product of the Year 2025 award in two prominent categories—Life Insurance – Retirement Income and Life Insurance – ULIP. The accolades were based on a nationwide consumer survey conducted by NielsenIQ, as part of the 17th edition of ...

THEBUSINESSBYTES BUREAU NEW DELHI, JULY 7, 2025 Punjab National Bank (PNB), one of India’s premier public sector banks, has launched its highly anticipated retail loan campaign, “PNB Monsoon Bonanza 2025,” aimed at accelerating retail credit growth while enhancing customer convenience and affordability. The campaign, which came into effect from July 1, 2025, offers a host of attractive benefits across home ...

Promotes PM Surya Ghar: Muft Bijli Yojana at Puri Bada Danda THEBUSINESSBYTES BUREAU PURI, JULY 5, 2025 Amid the spiritual grandeur of Rath Yatra 2025, TP Central Odisha Distribution Limited (TPCODL) — a joint venture between Tata Power and the Government of Odisha — has taken a significant step to blend devotion with sustainability by actively promoting the PM Surya ...

THEBUSINESSBYTES BUREAU ANGUL, JULY 5, 2025     Jindal Nagar and its neighbouring villages in Angul reverberated with chants of devotion and spiritual euphoria as thousands of devotees came together to celebrate the sacred occasion of Bahuda Yatra — the divine return journey of the Holy Trinity: Mahaprabhu Balabhadra, Devi Subhadra, Mahaprabhu Jagannath, and Lord Sudarshan from the Gundicha Temple to ...