THEBUSINESSBYTES BUREAU BHUBANESWAR, JANUARY 8, 2025 In a significant meeting at Raj Bhavan here on Wednesday, Paradip Port Authority (PPA) Chairman PL Haranadh engaged with Odisha Governor Dr. Hari Babu Kambhampati, discussing transformative plans for the state’s maritime infrastructure. Haranadh elaborated on the strides being made in the port sector and outlined a strategic vision for future advancements aimed at ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JANUARY 8, 2025 Brijendra Pratap Singh has officially taken over as the Chairman-cum-Managing Director (CMD) of Navratna CPSE National Aluminium Company Ltd. (NALCO) at the company’s Corporate Office in Bhubaneswar. His appointment marks a significant milestone for the state-owned enterprise as it embarks on new strategic initiatives. Before his tenure at NALCO, Singh served as Director-In-Charge for ...

THEBUSINESSBYTES BUREAU NEW DELHI, JANUARY 8, 2025 In a significant stride towards enhancing national infrastructure research, the Indian Institute of Technology (IIT) Bhubaneswar and CSIR-Central Road Research Institute (CRRI), New Delhi, have signed a Memorandum of Understanding (MoU) on Wednesday. This strategic alliance aims to foster collaboration, intellectual synergy, and academic exchange between the two premier institutions. The MoU was ...

THEBUSINESSBYTES BUREAU JHARSUGUDA, JANUARY 8, 2025 Subhalaxmi Cooperative, a beacon of women-led entrepreneurship supported by Vedanta Aluminium, India’s leading aluminium producer, made a resounding impact at the Dulduli Exhibition 2025. Celebrating Jharsuguda’s foundation day, the event saw the cooperative’s vibrant stall, inaugurated by Yuvraj Sahu, CEO of ORMAS, Government of Odisha, attract a surge of attention and admiration. The stall ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JANUARY 8, 2025 In a growing wave of public demand, residents of Lanjigarh and surrounding areas in Kalahandi district have appealed to Odisha Chief Minister Mohan Charan Majhi for immediate intervention in securing permanent bauxite mines for Vedanta’s alumina refinery. This request, part of a larger movement for socio-economic development in the tribal-dominated region, has gained substantial ...

THEBUSINESSBYTES BUREAU AHMEDABAD, JANUARY 8, 2025 Adani Ports and Special Economic Zone Ltd. (APSEZ) has ascended to new heights in global recognition, being ranked among the Top 10 global transportation and transportation infrastructure companies in the 2024 S&P Global Corporate Sustainability Assessment (CSA). With an impressive score of 68 out of 100, marking a three-point improvement from the previous year, ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JANUARY 8, 2025 Star Union Dai-ichi Life Insurance Co. Ltd. (SUD Life) has announced the launch of the SUD Life MidCap Momentum Index Fund this new year, presenting policyholders with an exciting opportunity to harness the growth potential of India’s vibrant mid-cap market. For those unfamiliar, midcap companies are those that have a proven business model, are ...

THEBUSINESSBYTES BUREAU NEW DELHI, JANUARY 8, 2025 Amid a global steel demand downturn, India’s steel sector is set to shine with an anticipated 9% growth in 2025, according to a recent report by CRISIL. This remarkable growth is attributed to an uptrend in steel-intensive construction within the housing and infrastructure sectors, alongside robust demand from engineering, packaging, and other industries. ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JANUARY 7, 2025 In a compelling address at the 22nd NALCO Foundation Day Lecture, renowned scholar and spiritual thinker Dr. Chandra Bhanu Satpathy urged the corporate world to prioritize the eradication of unethical practices. Speaking on the theme ‘Ethical Corporate Management,’ Dr. Satpathy underscored the critical role of integrity, accountability, and transparency in fostering sustainable and responsible ...

THEBUSINESSBYTES BUREAU ANGUL, JANUARY 7, 2025 In a significant step towards promoting road safety, Jindal Steel and Power (JSP), in partnership with the Odisha Government, organized a two-day “Eye Check-Up and First Aid Training” camp at the Transport Nagar Phase-2 truck parking area within the JSP campus. This initiative, part of the ongoing Road Safety Week, underscores JSP’s dedication to ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JANUARY 7, 2025 Tata Power, a leading force in India’s energy sector, is at the helm of a transformative journey in Odisha’s power distribution landscape. Through its dynamic joint ventures with the Government of Odisha, Tata Power operates four Discoms — TP Central Odisha Distribution, TP Western Odisha Distribution, TP Southern Odisha Distribution, and TP Northern Odisha ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JANUARY 7, 2025 With the Pravasi Bharatiya Divas kicking off here on Wednesday,  the Global Organization of People of Indian Origin (GOPIO) has honoured the Founder of KIIT and KISS Dr. Achyuta Samanta with the first-ever PIO Excellence Award in recognition of his unparalleled contributions to education and tribal empowerment. The award was given away during the ...

THEBUSINESSBYTES BUREAU BENGALURU, JANUARY 6, 2025 In a bold move towards becoming a ‘Total Beverage and Consumer Products Company’, Reliance Consumer Products Limited (RCPL) has officially launched RasKik Gluco Energy, a groundbreaking beverage aimed at redefining hydration for the Indian populace. Infused with electrolytes, glucose, and real lemon juice, this innovative drink is crafted to energize and refresh the nation’s ...

THEBUSINESSBYTES BUREAU NEW DELHI, JANUARY 6, 2025 Sonalika Tractors, India’s leading tractor export brand, has capped off 2024 with a remarkable achievement, securing its highest-ever monthly market share of 18 per cent in December. The company recorded a significant 33 per cent growth in overall tractor sales, delivering 10,639 units compared to 7,999 in December 2023. This surge surpasses the ...

THEBUSINESSBYTES BUREAU NEW DELHI, JANUARY 6, 2025 In a groundbreaking collaboration, WinZO, India’s largest interactive social gaming platform, and Tata Memorial Hospital have launched the country’s first gene counselling facility. This initiative, under the banner ‘Play to Prevent Cancer,’ aims to revolutionize early cancer detection and prevention through genetic counselling. WinZO’s initiative seeks to raise awareness among its 200 million ...

THEBUSINESSBYTES BUREAU RAYAGADA (ODISHA), JANUARY 6, 2025 Vedanta Aluminium’s stall at the Chaiti Mahotsav, held in Odisha’s Rayagada district, emerged as the centerpiece of the festival, drawing the attention of over 25,000 visitors. The stall featured a mesmerizing blend of traditional tribal art forms, including Saura paintings and Dokra art, alongside products crafted by self-help groups (SHGs) under Vedanta’s Project ...

THEBUSINESSBYTES BUREAU KOLKATA, JANUARY 6, 2025 Global Cloud Cayr (GCC), a pioneering healthcare start-up founded by an international consortium of doctors and technologists, has officially launched its operations in Kolkata. This landmark event marks the beginning of GCC’s ambitious mission to transform healthcare delivery through an innovative, technology-driven approach that emphasizes proactive and holistic care. Catering to individuals, families, and ...

THEBUSINESSBYTES BUREAU NEW DELHI, JANUARY 6, 2025 The Indian real estate sector witnessed a remarkable surge in 2024, with institutional investments reaching a record $6.5 billion, marking a 22 per cent increase from the previous year’s $5.4 billion, according to a report released on Monday. This growth was predominantly driven by the booming industrial and warehousing segments. Foreign investments played ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JANUARY 4, 2025 TP Central Odisha Distribution Limited (TPCODL), a prominent joint venture between Tata Power and the Government of Odisha, has been awarded a distinguished 4-Star rating at the Energy Conservation Award (ENCON) 2024. This accolade, presented by the Confederation of Indian Industry (CII), Eastern Region, underscores TPCODL’s unwavering commitment to energy conservation and sustainability. The ...

THEBUSINESSBYTES BUREAU DHAMRA, JANUARY 4, 2025 In a momentous achievement, The Dhamra Port Company Limited has been awarded the prestigious PAR EXCELLENCE award at the National Convention on Quality Concepts (NCQC 2024), organized by the Quality Circle Forum of India (QCFI). The convention, held from December 27 to 30, 2024, at ABV-IIITM College, Gwalior, Madhya Pradesh, brought together industries from ...

THEBUSINESSBYTES BUREAU KOLKATA, JANUARY 4, 2025 In a significant stride towards bolstering regional connectivity, Union Minister of State for Ports, Shipping & Waterways, Shantanu Thakur, laid the foundation stone for a Single Lane RCC road bridge in Swarupnagar today. The bridge, designed to ensure safer transit for commuters while facilitating unhindered river navigation, marks a pivotal development in the region’s ...

THEBUSINESSBYTES BUREAU NEW DELHI, JANUARY 4, 2025 The Ministry of Coal has announced a landmark achievement in coal production and dispatch for the calendar year 2024, setting new records and reinforcing India’s progress toward energy security and self-reliance under the vision of Atmanirbhar Bharat. Provisional data reveals that coal production soared to an unprecedented 1,039.59 million tonnes (MT) in 2024, ...

THEBUSINESSBYTES BUREAU NEW DELHI, JANUARY 4, 2025 In a transformative move to accelerate the growth of Indian startups and amplify their global presence, the Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce & Industry, has joined hands with Stride Ventures, a premier venture debt firm. This strategic collaboration aims to blend financial empowerment with ...

THEBUSINESSBYTES BUREAU BONGAIGAON, JANUARY 4, 2025 Arnab Maitra has taken over as the Business Unit Head of NTPC Bongaigaon, a 750 MW power station in Assam, marking a new era of leadership and operational excellence. With over 30 years of industry experience, Maitra brings a wealth of expertise to the role, following a successful tenure as Head of Operations and ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JANUARY 3, 2025 Odisha is gearing up to captivate the world at the Pravasi Bharatiya Divas Convention with an extraordinary pavilion that celebrates its rich heritage, cultural diversity, and industrial achievements. Themed “Glorious Odisha: From Ancient to Modern,” this 400-square-metre masterpiece at Janata Maidan will transport visitors through the state’s vibrant history and forward-looking progress. Designed to ...

THEBUSINESSYTES BUREAU NEW DELHI, JANUARY 3, 2025 Vedanta Aluminium, India’s largest aluminium producer, has earned global recognition for its commitment to sustainability by securing the second position in the prestigious S&P Global Corporate Sustainability Assessment (CSA) for the aluminium sector. This remarkable achievement is underpinned by an impressive overall score of 77, reflecting the company’s leadership in Environmental, Social, and ...

THEBUSINESSBYTES BUREAU PARADIP, JANUARY 3, 2025 The 20th Paradip Marathon 2025, organized by the Gopabandhu Kreeda Sansad of Paradip Port Authority (PPA), concluded with resounding success on Friday, marking a fitting tribute to the 64th Port Foundation Day. Odisha Police athletes Ashok Dandsena and Susmita Tigga stole the show with their stellar performances in the men’s and women’s categories, respectively. ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JANUARY 2, 2025 Tapas Kumar Pattanayak has assumed the role of Director (Human Resources) at Navratna CPSE National Aluminium Company Limited (NALCO). Before taking up this prestigious position, he served as Executive Director (HR) at the Refineries Division Head Office of Indian Oil Corporation Ltd in Delhi. With an illustrious career spanning over 33 years, Pattanayak brings ...

THEBUSINESSBYTES BUREAU NEW DELHI, JANUARY 2, 2025 The coal sector has emerged as a standout performer among the eight core industries, achieving an impressive 7.5% growth in November 2024. According to the Index of Eight Core Industries (ICI) released by the Ministry of Commerce & Industry, the coal index rose to 199.6 points in November 2024, up from 185.7 points ...

THEBUSINESSBYTES BUREAU NEW DELHI, JANUARY 2, 2025 India’s coal sector has achieved a remarkable milestone, with captive and commercial coal mines recording an unprecedented 34.2% increase in production during April-December 2024. The total output surged to 131.05 million tonnes (MT), up from 97.665 MT during the same period in 2023, according to the Ministry of Coal. December 2024 marked a ...

THEBUSINESSBYTES BUREAU NEW DELHI, JANUARY 2, 2025 In a significant push towards sustainable transportation, the Indian government announced that 16.15 lakh electric vehicles (EVs) have been incentivized under the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles in India (FAME India)-II scheme. The initiative, launched in 2019, underscores India’s commitment to eco-friendly mobility solutions and a greener future. The ...

THEBUSINESSBYTES BUREAU NEW DELHI, JANUARY 2, 2025 In a significant move aimed at aligning price indices with the evolving economic landscape, the government has constituted a Working Group under the leadership of NITI Aayog member Ramesh Chand to revise the base year of the Wholesale Price Index (WPI) from 2011-12 to 2022-23. The 18-member panel, which includes representatives from key ...

THEBUSINESSBYTES BUREAU NEW DELHI, JANUARY 2, 2025 India has reaffirmed its position as a global textile powerhouse, claiming 3.9% of the global trade in textiles and apparel (T&A) in 2023, and ranking as the world’s sixth-largest exporter in the sector. Textiles and apparel, including handicrafts, constituted a robust 8.21% of India’s total exports for the fiscal year 2023-24, underscoring the ...

By PRIYABRAT BISWAL With each New Year, a bittersweet memory resurfaces — one I’ve cherished for decades. It’s the memory of my mother, quietly standing by my side as she handed me a diary, a simple yet profoundly meaningful gift. For me, the arrival of the New Year will always be intertwined with the memory of her thoughtful gesture, which ...

THEBUSINESSBYTES BUREAU GURGAON, JANUARY 1, 2025 Suzuki Motorcycle India Pvt. Ltd. (SMIPL), the two-wheeler subsidiary of Suzuki Motor Corporation, Japan, has announced an impressive 22% growth in sales for December 2024. The company reported total sales of 96,804 units during the month, compared to 79,483 units in December 2023. Domestic sales surged by 14%, reaching 78,834 units, up from 69,025 ...

THEBUSINESSBYTES BUREAU NEW DELHI, JANUARY 1, 2025 India’s coal sector achieved a remarkable milestone in December 2024, with total coal production reaching 97.94 million tonnes (MT), a 5.33% growth compared to the 92.98 MT produced in December 2023. This impressive performance reflects the Ministry of Coal’s relentless drive to meet the country’s burgeoning energy demands. A significant contributor to this ...

THEBUSINESSBYTES BUREAU NEW DELHI, JANUARY 1, 2025 India’s mineral and non-ferrous metal sectors have maintained their momentum of robust growth during FY 2024-25 (April-November 2024), building on record production levels achieved in the previous fiscal year. The nation continues to solidify its position as a global leader in mineral production, driven by strong demand across core industries like steel, energy, ...

THEBUSINESSBYTES BUREAU NEW DELHI, JANUARY 1, 2025 India’s Goods and Services Tax (GST) collections surged by 7.3% year-on-year to reach ₹1.77 lakh crore in December 2024, as per government data released on Wednesday. This increase reflects sustained economic momentum and robust compliance trends across the country. Breaking down the components of the December GST collections, Central GST (CGST) accounted for ...

THEBUSINESSBYTES BUREAU NEW DELHI, JANUARY 1, 2025 In a landmark decision aimed at bolstering agricultural productivity and ensuring the welfare of farmers, the Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the extension of a one-time special package subsidy on Di-Ammonium Phosphate (DAP) fertilizer. This move ensures that farmers will continue to receive DAP at subsidized rates ...

THEBUSINESSBYTES BUREAU NEW DELHI, JANUARY 1, 2025 In a significant move to fortify the agricultural sector, the Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the continuation of the Pradhan Mantri Fasal Bima Yojana (PMFBY) and the Restructured Weather Based Crop Insurance Scheme (RWBCIS) till 2025-26. With an overall financial outlay of Rs 69,515.71 crore for the ...

THEBUSINESSBYTES BUREAU NEW DELHI, JANUARY 1, 2025 Air India, owned by the Tata Group, has become the first airline in India to introduce in-flight Wi-Fi connectivity on domestic routes. Passengers flying on select Airbus A321neo, Airbus A350, and Boeing 787-9 aircraft can now access the Internet during their journey, the airline announced in a press release on Wednesday. The service ...

THEBUSINESSBYTES BUREAU NEW DELHI, JANUARY 1, 2025 Honda Motorcycle & Scooter India (HMSI) has electrified the New Year with the launch of its highly anticipated electric scooters, the ACTIVA e: and QC1. Official bookings for these futuristic two-wheelers began today at select dealerships across major cities, marking HMSI’s bold stride into sustainable urban transportation. The ACTIVA e: can now be ...

Lanjigarh, December 31, 2024 (TBB Bureau): In a remarkable achievement, Sanjay Majhi, a rising star from the Vedanta Sports Program, has secured a bronze medal in the Indian Round category at the prestigious NTPC Senior National Archery Championship 2024. This historic victory marks the end of Odisha’s 21-year wait for a senior national medal in archery, bringing immense pride to ...

Mumbai, December 31, 2024 (TBB Bureau): Odysse Electric Vehicles, India’s fastest-growing premium electric vehicle manufacturer, has achieved a significant milestone by registering its highest-ever monthly sales. The company reported sales of 425 units in December 2024, marking an impressive 61 per cent growth on a month-on-month basis. This remarkable achievement underscores the increasing demand for electric two-wheelers and the effectiveness ...

Dhamra, December 30, 2024 (TBB Bureau):  Adani Dhamra Port marked the successful completion of the second phase of its Star Safety Award Programme, showcasing its unwavering dedication to workplace safety and excellence. The event brought together 30 representatives from diverse departments and contractual agencies, reflecting the port’s inclusive approach to fostering a culture of safety. The programme followed a meticulous ...

Sundergarh, December 29, 2024 (TBB Bureau):  Mahanadi Mines and Minerals Private Limited, a subsidiary of Adani Enterprises Limited, has taken a proactive step towards supporting local farmers through its Corporate Social Responsibility (CSR) initiatives. The company recently organized farmer training programs in Girisima and Jharpalam villages, benefiting over 150 farmers with valuable insights into modern agricultural techniques. The programs, conducted ...

Bhubaneswar, December 27, 2024: TP Central Odisha Distribution Limited (TPCODL), a joint venture of Tata Power and the Government of Odisha, has added another feather to its cap by winning the esteemed Kalinga Safety Excellence Award in the Silver Category. The recognition was bestowed at the 15th National Safety Conclave 2024, an event hosted by the Institute of Quality and ...

Bhubaneswar, December 26, 2024 (TBB Bureau): Students of KiiT International School have once again proven their excellence on a national stage by clinching the first position at the prestigious IIT Bombay Tech Fest 2024-25. The winning team has been awarded a cash prize of Rs 1.5 lakh. Grade XI Science students Prithvijay Daga, Armanraj Sahu, Om Subham Gouda, and Devarsh ...

Cuttack, December 26, 2024 (TBB Bureau): The Dalmia Bharat Foundation (DBF), the corporate social responsibility (CSR) arm of Dalmia Cement (Bharat) Ltd (DCBL), marked National Farmers’ Day with a two-day event in Cuttack on December 23 and 24. The event underscored DBF’s commitment to empowering farmers through sustainable agricultural practices and community upliftment initiatives. A highlight of the program was ...

Bhubaneswar, December 26, 2024 (TBB Bureau): Tata Power Central Odisha Distribution Limited (TPCODL) has celebrated the commitment of 42 customers from Khurda and Balugaon by rewarding them with exciting prizes under its “Bill Pay and Win Scheme.” The winners were chosen through a lucky draw, recognizing their consistent effort to pay bills on time through digital platforms. The “Bill Pay ...