THEBUSINESSBYTES BUREAU PARADIP, JUNE 21, 2025 The Paradip Port Authority (PPA) celebrated the 11th International Day of Yoga on Saturday, hosting a grand event at Gopabandhu Stadium. With over 1,000 participants, the occasion was a resounding success, bringing together PPA officials, senior officers, and community members in a unified celebration of health and well-being. The event was graced by P.L. ...

THEBUSINESSBYTES BUREAU NEW DELHI, JUNE 21, 2025 India’s gross direct tax collections have shown steady momentum in the current fiscal year, rising 4.86 per cent to ₹5.45 lakh crore as of June 19, 2025, according to the latest data from the Income Tax Department. This includes revenues from corporate tax, non-corporate tax, securities transaction tax (STT), and other levies. Despite ...

Vedanta Lanjigarh transforms industrial scrap into artistic innovation   THEBUSINESSBYTES BUREAU BHUBANESWAR, JUNE 20, 2025 In a remarkable blend of creativity and environmental consciousness, Vedanta Lanjigarh — a key unit of Vedanta Aluminium and a frontrunner in smelter-grade alumina production — recently organised a unique scrap art sculpture competition. The event celebrated the power of innovation, teamwork, and sustainable thinking ...

THEBUSINESSBYTES BUREAU PARADIP, JUNE 20, 2025 In the run-up to International Day of Yoga, the Paradip Port Authority (PPA) launched a series of eco-friendly activities under its “Harit Yoga” initiative, aimed at promoting environmental sustainability and holistic well-being. A cleanliness drive was carried out on Thursday at the creek side of the Mausi Maa Temple, where PPA employees, local community ...

THEBUSINESSBYTES BUREAU NEW DELHI, JUNE 19, 2025 Vedanta Aluminium, India’s largest aluminium producer, announced a significant expansion in aluminium wire rod production at its Bharat Aluminium Company (BALCO) unit. The move is part of the company’s broader strategy to increase overall capacity to 1 million tonnes per annum (MTPA), aligning with the country’s rapid digital and industrial transformation. India’s accelerated ...

THEBUSINESSBYTES BUREAU NEW DELHI, JUNE 19, 2025 Vedanta Limited has released the 10th edition of its Tax Transparency Report (TTR), reaffirming its commitment to responsible and transparent tax practices. According to the report, the company has contributed a cumulative Rs 4,48,830 crore to exchequers across its domestic and international operations over the past decade, spanning from FY2015–16 to FY2024–25. In ...

THEBUSINESSBYTES BUREAU MUMBAI, JUNE 19, 2025 Vedanta Limited, India’s leading natural resources and energy conglomerate, has contributed a staggering Rs 4.48 lakh crore to government exchequers over the past decade, reaffirming its commitment to fiscal transparency and national development. The figures were unveiled in the 10th edition of Vedanta’s annual Tax Transparency Report (TTR), underscoring the company’s responsible tax practices ...

THEBUSINESSBYTES BUREAU PARADIP, JUNE 19, 2025 Blending wellness with maritime spirit, the Paradip Port Authority (PPA) today conducted an extraordinary yoga session aboard Indian Coast Guard Ship (ICGS) Vijaya, setting a unique tone for the upcoming International Yoga Day 2025 celebrations. Organized in collaboration with the Art of Living’s Paradip branch, the event reflected a shared commitment to health, harmony, ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JUNE 19, 2025 India stands at a defining moment in its educational journey. With over 40 million students enrolled in higher education institutions across the country, we boast the world’s largest college-going population. Yet, a significant portion of our youth continues to look abroad for quality education — driven by aspirations for global exposure, academic prestige, and ...

THEBUSINESSBYTES BUREAU BONGAIGAON, JUNE 19, 2025 As part of its Corporate Social Responsibility (CSR) initiatives, NTPC Bongaigaon conducted a medical examination and identification camp on June 10, 2025, under the ambit of the Girl Empowerment Mission (GEM) 2025. The initiative aims to foster equal opportunities and holistic development for underprivileged girls in the region. The camp was formally inaugurated by ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JUNE 18, 2025 As part of its commitment to health and well-being, Navaratna CPSE National Aluminium Company Limited (NALCO) has launched a series of wellness initiatives in the run-up to the International Day of Yoga 2025, to be observed on June 21. Highlighting its focus on holistic wellness, NALCO is set to host a Mega Yoga Camp ...

THEBUSINESSBYTES BUREAU JHARSUGUDA, JUNE 18, 2025 Vedanta Aluminium, India’s largest producer of aluminium, organized a two-day Grappling Training Camp at the Vedanta Martial Arts Training Centre in Jharsuguda, attracting participation from over 50 enthusiastic young martial artists. The camp was led by Arko Dasgupta, Technical Director of the Grappling Committee of India and a seasoned grappling trainer. Launched earlier this ...

THEBUISNESSBYTES BUREAU BHUBANESWAR, JUNE 18, 2025 “Increasing the contribution of industry and manufacturing to Odisha’s GDP remains a top priority for us,” declared Hemant Sharma, Additional Chief Secretary, Industries & MSME Department, Government of Odisha, while inaugurating the 2nd edition of the Odisha Manufacturing Conclave 2025 organized by ASSOCHAM at a city hotel. Speaking at the conclave themed “AI-Driven Manufacturing: ...

THEBUSINESSBYTES BUREAU NEW DELHI, JUNE 18, 2025 Amid growing concerns over lifestyle-related ailments and a rising preference for proactive health solutions, Amway India has expanded its nutrition portfolio with the launch of Nutrilite Triple Protect — a scientifically formulated, plant-based supplement designed to deliver triple-action benefits for immunity, inflammation control, and antioxidant support. Blending the natural power of Acerola Cherry, ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JUNE 17, 2025 Once symbolic of deprivation and neglect, Kalahandi has witnessed a remarkable transformation — from one of Odisha’s most underdeveloped districts to a thriving hub of inclusive, tribal-led rural development. In 2001, the district’s contribution to Odisha’s Gross District Domestic Product (GDDP) was under 1 per cent, with average per capita income barely reaching ₹19,000. ...

THEBUSINESSBYTES BUREAU JHARSUGUDA, JUNE 17, 2025 Vedanta Aluminium, India’s largest aluminium producer, has lauded the outstanding academic performance of students in Jharsuguda, crediting the success in part to its flagship digital learning initiative, Project Vidyagraha. The district has achieved an impressive third rank among Odisha’s 30 districts in the Annual High School Certificate (AHSC) examination results, recording a stellar 97.87% ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JUNE 17, 2025 On the occasion of World Blood Donor Day, Vedanta Aluminium, India’s largest aluminium producer, reinforced its commitment to community welfare by conducting blood donation drives across its operational hubs in Odisha. Partnering with government health agencies and local stakeholders, the company organized camps at Jharsuguda, Lanjigarh, and Bhawanipatna, collectively securing over 800 units of ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JUNE 17, 2025 In a significant push towards democratizing solar energy and accelerating India’s clean energy transition, Tata Power Renewable Energy Limited (TPREL), a wholly owned subsidiary of Tata Power and India’s leading rooftop solar company, on Tuesday launched the country’s most affordable solar rooftop solutions in Bhubaneswar, Odisha. This launch marks a pivotal expansion of the ...

THEBUSINESSBYTES BUREAU NEW DELHI, JUNE 17, 2025 In a defining moment for India’s coal sector, the Ministry of Coal has announced the allocation of its 200th coal block for commercial mining, marking a major milestone in the country’s push towards energy self-sufficiency and private sector participation. The allocation of the Marwatola–II coal block to Singhal Business Private Limited symbolizes the ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JUNE 16, 2025 In a landmark push toward industrial growth, the Odisha government on Monday approved eight mega industrial projects with a combined investment of ₹1.51 lakh crore, projected to generate over 62,000 jobs across six districts of the state. The approvals came during the High-Level Clearance Authority (HLCA) meeting chaired by Chief Minister Mohan Charan Majhi, ...

Revives vision for a world-class, non-profit Education City in India THEBUSINESSBYTES BUREAU BHUBANESWAR, JUNE 16, 2025 In a landmark step toward transforming India’s higher education landscape, Vedanta Limited — India’s only and the world’s leading conglomerate in transition metals, critical minerals, energy, and technology — has called upon state governments and local administrations to join hands in establishing a world-class, ...

THEBUSINESSBYTES BUREAU MUMBAI, JUNE 16, 2025 Capri Global Capital Ltd (Capri Loans), a leading non-banking financial company (NBFC), has launched its latest brand campaign, #TarrakiKeHaath, celebrating the tireless efforts of India’s everyday professionals who silently drive the nation’s growth. Honouring unsung heroes such as kirana shop owners, taxi drivers, dhaba operators, tailors, and carpenters, the campaign underscores Capri Loans’ mission ...

THEBUSINESSBYTES BUREAU NEW DELHI, JUNE 16, 2025 In a major push to accelerate digital inclusion and strengthen India’s grassroots broadband ecosystem, the Telecom Regulatory Authority of India (TRAI) has issued a landmark directive under the Telecommunication Tariff (71st Amendment) Order, 2025. The order mandates that all retail fiber-to-the-home (FTTH) broadband plans up to 200 Mbps must be offered to Public ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JUNE 16, 2025 In 2008, a landmark judgment by a three-judge bench of the Supreme Court of India, led by Justice S.H. Kapadia (who would later serve as the Chief Justice of India), sought to redefine the contours of development. At the centre of the case was the proposed bauxite mining project in Lanjigarh, Kalahandi district of ...

THEBUSINESSBYTES BUREAU NEW DELHI, JUNE 16, 2025 In a strong signal of increasing private sector participation in India’s coal mining industry, the Ministry of Coal on Monday opened bids for the 12th round of commercial coal block auctions, receiving a robust 41 bids for 11 coal blocks. According to an official release from the Ministry, the bids were submitted both ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JUNE 16, 2025 IMI Bhubaneswar ushered in a new chapter for its incoming PGDM Batch of 2025–27 with an inspiring and thoughtfully curated Orientation Programme. The inaugural event reflected the institute’s commitment to shaping not just competent professionals but also compassionate, socially responsible individuals prepared to meet the dynamic demands of the business world. The ceremony began ...

THEBUSINESSBYTES BUREAU GURUGRAM, JUNE 16, 2025 Honda Motorcycle & Scooter India (HMSI) has officially launched the much-anticipated 2025 XL750 Transalp, a dynamic middleweight adventure motorcycle engineered for riders seeking limitless freedom — from urban streets to untamed trails. Priced at ₹10,99,990 (ex-showroom, Gurugram), the motorcycle is now available for bookings at Honda’s premium BigWing dealerships across the country, with deliveries ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JUNE 16, 2025 Jindal Steel & Power (JSP) has been conferred with the prestigious Greentech Awards 2025 in two distinguished categories — Agriculture Promotion and Welfare of Elder Persons — at a ceremony held in New Delhi on June 14. The recognition celebrates JSP’s impactful community development initiatives through its social responsibility arm, the Jindal Foundation, marking ...

THEBUSINESSBYTES BUREAU NEW DELHI, JUNE 16, 2025 India’s merchandise exports dipped 2.17% year-on-year to USD 38.73 billion in May 2025, slipping back into negative territory after two months of growth. Despite the decline, the country’s trade deficit narrowed significantly to USD 21.88 billion, down from USD 22.51 billion in the same month last year and USD 26.42 billion in April. ...

THEBUSINESSBYTES BUREAU PARIS/MUMBAI, JUNE 16, 2025 Tata Consultancy Services (TCS), a global leader in IT services, consulting, and business solutions, has announced a strategic partnership with the Council of Europe Development Bank (CEB) to streamline and modernize the bank’s reconciliation processes. Under this collaboration, TCS will implement its advanced solution—TCS BaNCS for Reconciliations—to automate complex transactions and enhance operational efficiency ...

THEBUSINESSBYTES BUREAU NEW DELHI, JUNE 16, 2025 India’s wholesale inflation dipped to a 14-month low of 0.39 per cent in May 2025, down from 0.85 per cent in April and 2.05 per cent in March, according to data released by the Ministry of Commerce and Industry on Monday. This steady decline in the Wholesale Price Index (WPI) reflects a broad-based ...

THEBUSINESSBYTES BUREAU BONGAIGAON, JUNE 16, 2025 In the run-up to the 11th International Day of Yoga (IDY), NTPC Bongaigaon has reaffirmed its commitment to holistic well-being by organizing a six-day yoga workshop under its Ahwahan Policy, embracing this year’s global theme, “Yoga for One Earth, One Health.” Held within its township premises, the initiative aims to inspire a healthier, more ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JUNE 14, 2025 In a major step towards reinforcing its commitment to environmental sustainability, Vedanta Aluminium — India’s largest producer of aluminium — has launched a groundbreaking plantation drive titled “Mo Gachha Mo Parivar” (My Tree, My Family) in Odisha’s Kalahandi and Rayagada districts. The campaign, which marks World Environment Day 2025, aims to plant over 1,00,000 ...

THEBUSINESSBYTES BUREAU NEW DELHI, JUNE 13, 2025 In the wake of the Reserve Bank of India’s (RBI) surprise rate cut aimed at reviving a slowing economy, Finance Minister Nirmala Sitharaman is set to meet the heads of all public sector banks (PSBs) on June 27 to review their financial performance and align them with the government’s economic stimulus agenda. This ...

THEBUSINESSBYTES BUREAU JHARSUGUDA, JUNE 13, 2025 Vedanta Aluminium, India’s largest producer of aluminium, has made a landmark contribution to healthcare in Jharsuguda by supporting the comprehensive renovation of the old District Headquarters Hospital (DHH). The upgraded facility has now been inaugurated as a fully operational Satellite Hospital at Mangal Bazaar, in the presence of state leaders, local authorities, and community ...

THEBUSINESSBYTES BUREAU NEW DELHI, JUNE 13, 2025 In a major economic milestone, India’s retail inflation has cooled to a 75-month low of 2.82 per cent in May 2025, sharply contrasting the double-digit inflation seen during the UPA era. Food inflation dropped to 0.99 per cent, its lowest since October 2021, signalling a period of price stability under the Modi-led government. ...

THEBUSINESSBYTES BUREAU MUMBAI, JUNE 13, 2025 In a landmark move redefining digital motor insurance in India, Zuno General Insurance has introduced the country’s first crash detection-enabled car insurance cover. The innovation — part of Zuno’s flagship Smart Drive offering — combines real-time mobile telematics with automated emergency response, setting a new benchmark in customer-focused insurance. Powered by advanced technology integrated ...

THEBUSINESSBYTES BUREAU AHMEDABAD, JUNE 13, 2025 IFL Enterprises Limited, a diversified player in the agri-commodity and financial trading space, has received board and regulatory approvals to raise ₹49.14 crore through a Rights Issue, marking a significant step in its capital augmentation strategy. The issue will open for subscription on June 19, 2025, and will close on June 30, 2025. The ...

THEBUSINESSBYTES BUREAU NEW DELHI, JUNE 12, 2025 Vedanta Aluminium, India’s largest aluminium producer, has made a groundbreaking move towards promoting gender diversity and inclusion in the manufacturing and industrial sectors. The company has proudly announced the deployment of Vedanta Group’s first all-women locomotive engine team at its world-class aluminium smelter in Jharsuguda. This pioneering initiative sees women professionals leading one ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JUNE 12, 2025 Shreeleathers, the iconic Indian footwear and accessories brand, is poised to open its grand, fully air-conditioned showroom at Nua Gaon, Lingipur, Bhubaneswar. Sprawling across 5,200 square feet, the flagship outlet is set to be inaugurated on June 14 by popular Odia film actress Shivani Sangeeta alongside Shreeleathers Partner, Subhashish Dey. Speaking at a press ...

THEBUSINESSBYTES BUREAU MUMBAI, 12 JUNE 2025 In a significant step toward empowering Urban Cooperative Banks (UCBs), the National Urban Co-operative Finance & Development Corporation (NUCFDC) has launched ‘Sahakar PaathShaala’ — a national training and capacity-building initiative aimed at transforming the cooperative banking sector. The inaugural session was held at the Cosmos Bank Head Office in Pune and witnessed participation from ...

THEBUSINESSBYTES BUREAU ANGUL, 12 JUNE 2025 Jindal Steel & Power (JSP) solemnly observed the sacred Debasnana Purnima today at the Jagannath Temple in Devbhoomi, Jindal Nagar, Angul, in a ceremony marked by deep spiritual fervor and cultural richness. The auspicious occasion drew hundreds of devotees from Jindal Nagar and nearby villages who gathered to offer prayers to Lord Jagannath, Lord ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JUNE 12, 2025 In a move to expand its footprint in eastern India, Mitsubishi Electric India inaugurated its exclusive showroom, Cooling Planet, in Bhubaneswar on Thursday. Strategically located at S.R. Refrigeration, Lane-2, District Center, Chandrasekharpur, the showroom marks the company’s growing commitment to the Odisha market. The inauguration ceremony was graced by Manish Chaudhary, East India Head ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JUNE 11, 2025 In a recent social media post, globally renowned physician and author Dr. Deepak Chopra expressed strong support for industrialist Anil Agarwal’s longstanding vision of establishing a world-class university in India. Reflecting on a recent conversation with Agarwal at London’s historic Riverside Studios — now under the stewardship of the Vedanta Chairman — Dr. Chopra ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JUNE 11, 2025 Vedanta Aluminium, India’s largest aluminium producer, has launched a wide range of summer relief initiatives aimed at mitigating heat stress and ensuring reliable access to safe drinking water in rural communities surrounding its operations in Odisha. The company has also introduced several measures to support the health and wellbeing of its employees working at ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JUNE 11, 2025 Abhay Kumar Behuria on Wednesday assumed charge as Director (Finance) of state-run National Aluminium Company Limited (NALCO). With an illustrious career spanning over three decades, Behuria brings with him vast expertise in financial management, strategic planning, and digital transformation. He holds a first-class Bachelor of Commerce (Honours) degree from Utkal University and is a ...

India can avoid China’s EV oversupply crisis by adopting phased incentives, boosting infrastructure, and focusing on quality-driven, demand-led growth, writes Pradyumna K Panda   As the global electric vehicle (EV) race intensifies, India stands at a pivotal crossroads. While aiming to scale up its EV ecosystem, it must navigate this transition carefully — mindful of the cautionary tale unfolding in ...

THEBUSINESSBYTES BUREAU MUMBAI, JUNE 11, 2025 Jio BlackRock Investment Advisers Private Limited, a 50:50 joint venture between Jio Financial Services Limited (JFSL) and BlackRock Inc., has received regulatory approval from the Securities and Exchange Board of India (SEBI) and BSE Limited to commence operations as an Investment Adviser in India. This milestone follows the earlier announcement on May 26, 2025, ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JUNE 11, 2025 Kalahandi district in southwestern Odisha, rich in cultural heritage and natural resources, is undergoing a remarkable transformation. Known for its tribal artistry, especially Dhokra and Saura crafts, and abundant bauxite reserves, Kalahandi has long remained a region of untapped potential. Despite its assets, it was once held back by weak infrastructure, economic stagnation, and ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, June 11, 2025 Greenply Industries Ltd., one of India’s leading interior infrastructure brands, has announced a major milestone in its sustainability journey — the successful plantation of over 50 million trees under its flagship initiative, Green Vision. Reinforcing its commitment to environmental stewardship, the company has now set an ambitious goal of reaching 100 million plantations by ...