THEBUSINESSBYTES BUREAU BHUBANESWAR, APRIL 11, 2025 TP Central Odisha Distribution Limited (TPCODL), a joint venture between Tata Power and the Government of Odisha, wrapped up its month-long Safety Month Campaign in the first week of April. The initiative, which was launched on National Safety Day and Lineman Diwas, served as a powerful reminder of the company’s unwavering commitment to promoting ...

THEBUSINESSBYTES BUREAU MUMBAI, APRIL 11, 2025 Kansai Nerolac Paints Limited (KNPL), one of India’s leading paint companies, has announced the appointment of Pravin Chaudhari as its new Managing Director, effective April 1, 2025. He succeeds Anuj Jain, who has taken early retirement after an illustrious 35-year journey with the company to pursue personal interests. With over three decades of rich ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, APRIL 10, 2025 In a major stride toward transforming Odisha’s agricultural and industrial future, the state government on Thursday signed a landmark Memorandum of Understanding (MoU) with three leading oil palm companies to accelerate large-scale oil palm cultivation. The initiative, spearheaded by Deputy Chief Minister and Minister for Agriculture & Farmers’ Empowerment, Kanak Vardhan Singh Deo, is ...

THEBUSINESSBYTES BUREAU GURUGRAM, 10 APRIL 2025 In line with its global market practices, Honda Motorcycle & Scooter India (HMSI) has announced a proactive market campaign for its premium motorcycle, the CB300R. The initiative involves a voluntary recall for specific units manufactured between 2018 and 2020 to address a potential issue in the headlight’s internal electrical structure. The company has identified ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, APRIL 10, 2025 In a major step towards strengthening rural healthcare infrastructure, Hindalco Industries Ltd, in collaboration with the Similipal Tiger Conservation Foundation (STCF), has launched an ambulance service to serve tribal communities in the remote interiors of the Similipal forest. The initiative, flagged off on Thursday at Barehipani, aims to facilitate emergency medical transportation for residents ...

THEBUSINESSBYTES BUREAU NEW DELHI, APRIL 10, 2025 In a remarkable show of resilience, India’s total exports of goods and services soared to an all-time high of $820 billion in the financial year 2024-25, marking a nearly 6 per cent increase over the $778 billion achieved in the previous year, according to data released by the Commerce Ministry. This was announced ...

THEBUSINESSBYTES BUREAU JODA, APRIL 10, 2025 In a strategic move to boost agricultural development in the Joda region, Jindal Steel and Power (JSP), through its social arm, the Jindal Education and Welfare Society (JEWS), has partnered with a local farmers’ organisation to provide crucial support to small and marginal farmers. The agreement was signed on Thursday between JEWS and the ...

THEBUSINESSBYTES BUREAU MUMBAI, APRIL 10, 2025 Tata Consultancy Services (TCS), India’s largest IT services exporter, kicked off the March quarter earnings season on Thursday with a marginal decline in its bottom line. The company reported a 1.68 per cent dip in consolidated net profit at ₹12,224 crore for the quarter ended March 2025, as global economic uncertainties weighed on tech ...

THEBUSINESSBYTES BUREAU MUMBAI, APRIL 10, 2025 In a pioneering move to bolster digital security, Axis Bank, one of India’s largest private sector banks, has launched an industry-first ‘In-App Mobile OTP’ feature on its mobile banking app, ‘open’. This advanced capability generates time-based one-time passwords (TOTP) directly within the app, eliminating the need for traditional SMS-based OTPs and thereby significantly reducing ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, APRIL 10, 2025 Odisha is rapidly carving a niche for itself in India’s burgeoning shampoo hair colour market, driven by growing consumer demand for easy-to-use, do-it-yourself (DIY) grooming solutions. As modern lifestyles prompt a shift towards quick and convenient personal care routines, the shampoo hair colour category in the state has witnessed remarkable growth. Currently valued at ...

THEBUSINESSBYTES BUREAU BANGALORE, 10 APRIL 2025 In a significant step towards strengthening disaster preparedness and resilience in South Asia, DHL Group successfully conducted its second GoHelp Disaster Response Team (DRT) training in Bangalore, India. Held from April 5 to 6, 2025, at a DHL facility, the two-day program brought together over 30 employees from Blue Dart, DHL Express, DHL Global ...

THEBUSINESSBYTES BUREAU NEW DELHI, APRIL 10, 2025 In a landmark initiative blending athletic spirit with digital empowerment, Punjab National Bank (PNB), one of India’s premier public sector banks, successfully hosted the inaugural PNB Half Marathon 2025 under the compelling theme “Cyber Run – Empowering a Secure Digital India.” Held at Jawaharlal Nehru Stadium in the heart of the capital, the ...

THEBUSINESSBYTES BUREAU NEW DELHI, 10 APRIL 2025 Spice Money, a subsidiary of DiGiSPICE Technologies and India’s foremost rural fintech platform, has announced a record-breaking performance in March 2025, achieving its highest-ever customer Gross Transaction Value (GTV) of ₹11,485 crore. This milestone, which surpasses the company’s previous peak of ₹11,387 crore in October 2024, marks a significant stride in its mission ...

THEBUSINESSBYTES BUREAU MUMBAI, APRIL 10, 2025 HELL ENERGY DRINK, one of the fastest-growing energy drink brands globally, has unveiled its largest-ever international consumer contest in India, promising a spectacular array of prizes and experiences for Indian consumers. After a wave of success across international markets, the brand is now offering Indian participants the chance to win over 10,000 daily and ...

THEBUSINESSBYTES BUREAU LANJIGARH, APRIL 9, 2025 Vedanta Aluminium, a subsidiary of Vedanta Limited and India’s leading producer of smelter-grade alumina, hosted “Parichay,” a vibrant celebration of women’s empowerment and the rich cultural heritage of Kalahandi district. The event saw the participation of over 2,000 women from 60 villages, highlighting the entrepreneurial spirit of rural Odisha.​ “Parichay” marked the culmination of ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, APRIL 9, 2025 Reliance Jio has reinforced its position as the leading digital service provider in Odisha, with a remarkable addition of over 1.5 lakh new mobile and wireline subscribers in December 2024. According to the latest telecom subscription data released by the Telecom Regulatory Authority of India (TRAI), Jio gained more than 1.34 lakh mobile subscribers ...

THEBUSINESSBUTES BUREAU BHUBANESWAR, APRIL 9, 2025 The Utkal Chamber of Commerce and Industry Ltd (UCCIL), Bhubaneswar, in association with The Business Standard, hosted an insightful workshop on “Metal and Downstream Industries,” with a focus on Aluminium, its downstream, and ancillary industries. The event, held on Tuesday at the UCCIL Conference Hall, aimed to explore the emerging opportunities in the aluminium ...

THEBUSINESSBYTES BUREAU NEW DELHI, APRIL 8, 2025 In a major push to industrial growth and employment generation, the Government of Odisha on Tuesday signed 13 Memoranda of Understanding (MoUs) and received 15 additional investment intents, drawing total investment commitments worth ₹1.03 lakh crore. These projects are expected to create over 95,000 job opportunities across the state. The milestone agreements were ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, APRIL 8, 2025 Once positioned as a formidable industrial force powered by its rich mineral reserves, Odisha now stands at a pivotal juncture. Despite its remarkable record in attracting large-scale investments — most recently with over ₹1.65 lakh crore approved across districts — concerns are mounting about the state’s ability to sustain its industrial trajectory. At the ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, APRIL 8, 2025 In a significant stride towards rural development, Vedanta — India’s largest aluminium producer — has launched two high-impact CSR initiatives, Project Vidya and Project Nirmal, in the districts of Sundargarh and Jharsuguda, Odisha. Focused on transforming the lives of over 30,000 villagers across Hemgir and Kuraloi, these programmes are poised to enhance education, water ...

THEBUSINESSBYTES BUREAU NEW DELHI, APRIL 7, 2025 In a major move to position Odisha as a leading industrial hub, Chief Minister Mohan Charan Majhi has concluded the first day of his two-day visit to New Delhi, which has already yielded promising results in the form of substantial investments and pivotal collaborations. The visit, which began on Monday, aims to bolster ...

Odisha has long served as a cornerstone of India’s metals, mining, and manufacturing sectors. With its vast mineral reserves, the state has historically attracted substantial investments, fostering industrial growth, infrastructure development, and progressive policy reforms. These efforts have created opportunities for both businesses and local communities. Yet, a concerning trend is emerging — several companies are now reconsidering their presence ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, APRIL 7, 2025 East Coast Railway (ECoR) has achieved a significant infrastructure milestone by commissioning 281.5 kilometres of new lines and multi-tracking works in the financial year 2024-25, marking a record 50% jump over the previous year’s accomplishment of 187.2 kilometres. This unprecedented achievement reflects ECoR’s sustained commitment to expanding railway infrastructure and improving connectivity across its ...

THEBUSINESSBYTES BUREAU BONGAIGAON, APRIL 7, 2025 In a thrilling display of skill and sportsmanship, NTPC Bongaigaon clinched the championship title in football at the Intra Regional Sports Meet (IRSM) 2024-25, defeating NTPC Talcher Kaniha 2-1 in a closely contested final held on home turf. The five-day sporting extravaganza brought together football teams from NTPC Darlipali, NTPC Talcher Thermal, and NTPC ...

THEBUSINESSBYTES BUREAU DHAMRA, APRIL 7, 2025 Dhamra Port joined the nation in commemorating National Maritime Day on April 5, paying tribute to India’s illustrious maritime legacy and the crucial role played by the shipping industry in the country’s economic and strategic development. Observed annually, National Maritime Day marks the historic maiden voyage of the Indian-flagged vessel MV SS Loyalty from ...

THEBUSINESSBYTES BUREAU JHARSUGUDA, APRIL 7, 2025 Vedanta Aluminium, India’s largest producer of aluminium, celebrated Utkal Divas at its Jharsuguda operations with vibrant cultural fervour, honouring the rich heritage, indomitable spirit, and evolving identity of Odisha. The event brought together employees, their families, and the local community in a joyous celebration of the state’s glorious past and dynamic progress. The celebration ...

THEBUSINESSBYTES BUREAU MUMBAI, APRIL 7, 2025 In a dramatic start to the trading week, Indian stock markets witnessed a bloodbath on Monday as escalating global trade tensions sparked widespread panic across financial markets. The benchmark BSE Sensex nosedived 2,226.79 points, or 2.95%, to close at 73,137.90—its sharpest single-day drop in 10 months—amid fears of a global economic slowdown stemming from ...

THEBUSINESSBYTES BUREAU NEW DELHI, APRIL 7, 2025 The Federation of Automobile Dealers Associations (FADA) has reported a 6.46% year-on-year growth in India’s auto retail sector for the financial year 2024-25 (FY’25), despite a marginal dip of 0.7% in March 2025 compared to the same month last year. According to the latest vehicle retail data released by FADA, the passenger vehicle ...

THEBUSINESSBYTES BUREAU ROURKELA, APRIL 5, 2025 Rourkela Steel Plant (RSP) concluded the financial year 2024-25 with remarkable achievements across key production areas and techno-economic parameters. Despite operating with just two active Blast Furnaces and making strategic decisions to shut down economically unviable units such as Hot Strip Mill-1 and Cold Rolling Mill, the plant surpassed the 4 Million Ton (MT) ...

Vedanta’s flagship initiative set to scale further with 20,000 new centres planned in Rajasthan THEBUSINESSBYTES BUREAU NEW DELHI, APRIL 5, 2025 In a remarkable stride towards rural transformation, the Anil Agarwal Foundation’s (AAF) flagship initiative Nand Ghar has crossed a major milestone by modernising 8,044 Anganwadis across 15 states in India. These cutting-edge centres are reshaping the landscape of early ...

THEBUSINESSBYTES BUREAU PARADIP, APRIL 5, 2025 The 62nd National Maritime Day was commemorated with enthusiasm at Paradip Port Authority (PPA), with celebrations held at the Wet Basin area of the Port’s Marine Site Office. The event was graced by PPA Chairman, P.L. Haranadh, who served as the Chief Guest. In his keynote address, Haranadh highlighted the innovative business strategies adopted ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, APRIL 4, 2025 A high-level World Bank technical team, led by Senior Economist Thomas Danielewitz, visited Odisha this week to evaluate and support the state’s efforts to modernize its statistical ecosystem under the World Bank-assisted Odisha State Capability and Resilient Growth Program. The team engaged in intensive consultations with officials of the Directorate of Economics and Statistics ...

THEBUSINESSBYTES BUREAU JAMNAGAR, APRIL 4, 2025 In a remarkable display of devotion and resilience, Anant Ambani, the youngest son of Reliance Industries Chairman Mukesh Ambani, has embarked on a 170-kilometre spiritual journey on foot from Jamnagar to Dwarka. The padyatra, which began on March 29, is set to conclude in the holy city of Dwarka on April 8 — just ...

THEBUSINESSBYTES BUREAU NEW DELHI, APRIL 3, 2025 In a marginal yet symbolic move, the United States has revised the additional import tariff on Indian goods from 27 per cent to 26 per cent, as per a latest update from the White House. The revised duty will be effective from April 9, 2025. The announcement comes as part of a broader ...

THEBUSINESSBYTES BUREAU NEW DELHI, APRIL 4, 2025 Hindustan Power, led by Chairman Ratul Puri, has secured a 425 MWp solar power project from Uttar Pradesh Power Corporation Limited (UPPCL) under its 2,000 MWac grid-connected solar PV procurement programme. The allocation was made through a tariff-based competitive bidding process and marks a significant step toward Hindustan Power’s goal of building a ...

THEBUSINESSBYTES BUREAU MUMBAI, APRIL 4, 2025 The Hon’ble National Company Law Tribunal (NCLT), Mumbai Bench, has approved the Resolution Plan submitted by Nuvoco Vistas Corp. Ltd. for the acquisition of Vadraj Cement Ltd. (VCL) under the corporate insolvency resolution process as per the Insolvency and Bankruptcy Code, 2016 (IBC). The approved plan includes an upfront payment of ₹1,800 crore. Nuvoco ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, APRIL 4, 2025 Ultraviolette, the pioneer behind India’s fastest electric motorcycle, marked a major leap in its national expansion journey with the launch of its advanced range of electric two-wheelers in Bhubaneswar. With this move, the Bengaluru-based EV innovator brings Odisha into its growing network of 13 cities, reaffirming its mission to redefine mobility through cutting-edge technology ...

THEBUSINESSBYTES BUREAU LANJIGARH, APRIL 4, 2025 In a significant step toward strengthening rural economies, Kalahandi Collector Sachin Pawar inaugurated 36 newly constructed shop rooms at the Lanjigarh Rural Haat on Wednesday. The infrastructure was developed through a collaborative effort between Vedanta Aluminium and NABARD, and formally handed over to the Panchayat to enhance market access for the local community. Speaking ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, APRIL 3, 2025 As the summer season beckons, Amazon Pay is turning up the heat on travel benefits with a range of exclusive offers designed to help customers plan their ultimate escape—affordably and seamlessly. Beginning April 7, Amazon Pay customers can unlock significant savings on flights, hotel stays, entertainment, and shopping, transforming every summer plan into a ...

THEBUSINESSBYTES BUREAU NEW DELHI, APRIL 3, 2025 In a landmark development for India’s maritime and industrial sectors, Vizag General Cargo Berth Private Limited (VGCB), a unit of Vedanta Aluminium, has successfully berthed the MV Captain Leonidas, one of the largest bauxite vessels ever to arrive at an Indian port. Docking at the Visakhapatnam Port, the vessel carried an impressive 199,500 ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, APRIL 3, 2025 In a major push to Odisha’s industrial growth, Chief Minister Mohan Charan Majhi on Thursday launched 14 industrial projects worth ₹5,770 crore, paving the way for the creation of more than 37,000 employment opportunities. The projects, spanning diverse sectors, reaffirm the state’s growing appeal as a premier investment destination in eastern India. The Chief ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, APRIL 3, 2025 In a significant move to ensure a reliable and uninterrupted power supply, Tata Power Central Odisha Distribution Limited (TPCODL) has successfully commissioned a new 33 kV Sarpeswar feeder, a key infrastructure project aimed at benefiting over 30,000 consumers. Spanning 5.4 kilometres, the new feeder connects the Cuttack Brajabiharipur OPTCL Grid to Nuapatna, utilizing state-of-the-art ...

THEBUSINESSBYTES BUREAU BONGAIGAON, APRIL 3, 2025 The five-day Intra-Regional Sports Meet (IRSM) – Football 2024-25, hosted by NTPC Bongaigaon, commenced with great enthusiasm at the Netaji Subhas Chandra Bose Stadium on Tuesday. The event was inaugurated by Arnab Maitra, Business Unit Head of NTPC Bongaigaon, in the presence of senior officials, employees, and participants. Four teams are competing in the ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, APRIL 2, 2025 Reliance Jio emerged as the fastest mobile provider in India during the second half of 2024 (July–December), outperforming competitors in both speed and coverage, according to the latest Ookla report. Jio recorded a median 5G download speed of 258.54 Mbps and an upload speed of 14.54 Mbps, securing the top position among 5G providers ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, APRIL 2, 2025 On the occasion of Utkal Diwas, Vedanta Group Chairman Anil Agarwal expressed his heartfelt gratitude to the people of Odisha for their longstanding partnership and reflected on the incredible transformation of Kalahandi, a region that has seen remarkable progress in recent years. In an emotional address, Agarwal shared a cherished memory, recalling a pivotal ...

THEBUSINESSBYTES BUREAU ANGUL, APRIL 2, 2025 O.P. Jindal School, Angul, celebrated Utkal Divas 2025 on Tuesday with great zeal and reverence, paying tribute to Odisha’s vibrant heritage and cultural legacy. The event, which marks the formation of the state of Odisha on April 1, 1936, showcased a rich tapestry of Odisha’s art, history, and traditions. The celebration kicked off with ...

THEBUSINESSBYTES BUREAU PARALAKHEMUNDI, APRIL 2, 2025 “Make your voice transform the future of the nation,” urged Odisha Governor Dr. Hari Babu Kambhampati, in his inspiring inaugural address at the third edition of the AIU National Women Student Parliament held at Centurion University on Wednesday. The event, marking the 100th anniversary of the Association of Indian Universities (AIU), brought together over ...

THEBUSINESSBYTES BUREAU NEW DELHI, APRIL 2, 2025 The Ministry of Coal has achieved a historic milestone, setting unprecedented records in captive and commercial coal production and dispatch for the financial year 2024-25. Total coal production surged to 190.95 million tonnes (MT) as of March 31, 2025, reflecting an impressive 29.79% growth over the previous year’s 147.11 MT. Coal dispatches also ...

THEBUSINESSBYTES BUREAU HARYANA, APRIL 2, 2025 Nuvoco Vistas Corp Ltd, India’s fifth-largest cement group by capacity, has launched ‘Nuvoco Duraguard Cement Sabse Khaas Pehelwaan’, an elite wrestling championship dedicated to celebrating Haryana’s rich wrestling tradition. The event aims to provide a professional platform for aspiring wrestlers to compete, showcase their skills, and earn recognition at the state level. Aligning with ...

THEBUSINESSBYTES BUREAU PARADIP, APRIL 2, 2025 Paradip Port has reaffirmed its dominance as India’s leading major port, securing the No. 1 cargo handling position for the second consecutive year. The port has also achieved a historic milestone by surpassing the 150 MMT mark, recording a total cargo throughput of 150.41 MMT in FY 2024-25. This remarkable feat comes despite significant ...