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Depositories unveil ‘Proxy Advisor Voting’ feature to empower retail shareholders

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 ...

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Odysse Electric launches Racer Neo at ₹52,000, enhancing everyday electric mobility

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 ...

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Jindal (India) gets green light for ₹3,600 Cr steel plant in Odisha

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 ...

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JSW Steel’s Narayanposhi Mine receives coveted 5-Star award from Indian Bureau of Mines

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 ...

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Vedanta Aluminium takes healthcare to the doorsteps of 50+ remote villages in Odisha

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 ...

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Tata Steel advances inclusive growth with bold sustainability and human rights agenda

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 ...

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AWL Agri Business unveils immersive Rath Yatra campaign in Puri

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 ...

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JioBlackRock Mutual Fund mobilises over ₹17,800 crore in maiden NFO, ranks among top debt fund players

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 ...

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India’s automobile sales cross 20 lakh units in June, Rise 4.84pc YoY amid festive and rural demand

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 ...

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