Bhubaneswar, November 14, 2024 (TBB Bureau): Vedanta Aluminium, India’s largest aluminium producer, is celebrating the remarkable achievement of seven young archers—five of them girls—from its grassroots sports initiative, who have qualified for the prestigious 68th National School Games Federation of India (SGFI) Championship. The championship, hosted by the Sports Authority of Gujarat, provides a national platform for young athletes to ...
Read More »Business
Khan Academy empowering educators with cutting-edge AI support
Bhubaneswar, November 14, 2024 (TBB Bureau): In a groundbreaking initiative to transform education, Khan Academy, the global nonprofit renowned for providing free, high-quality educational resources, has launched its AI-powered tool, Khanmigo, free for all teachers in India. This initiative, announced on the occasion of Children’s Day, marks a significant milestone in empowering educators and enhancing classroom learning across the nation. ...
Read More »TPCODL powers Baliyatra 2024 with unmatched preparations and enhanced safety measures
Bhubaneswar, November 13, 2024 (TBB Bureau): TP Central Odisha Distribution Limited (TPCODL), a collaboration between Tata Power and the Government of Odisha, is playing a pivotal role in powering Baliyatra 2024, one of Asia’s largest open trade fairs. With extensive measures to ensure safe and reliable electricity supply, TPCODL is committed to making this year’s Baliyatra a smooth and memorable ...
Read More »NALCO posts stellar five-fold growth in Q2 net profit, achieves best-ever domestic sales performance
Bhubaneswar, November 13, 2024 (TBB Bureau): National Aluminium Company Limited (NALCO), a Navratna Central Public Sector Enterprise (CPSE), has delivered a remarkable financial performance for the quarter ending September 30, 2024 (Q2FY25), posting an impressive five-fold increase in net profit. NALCO reported a net profit of ₹1,062 crore, a substantial leap from ₹206 crore in the same period last year. ...
Read More »MSME and StartUp Trade Fair 2024 commences at KIIT campus with national participation
Bhubaneswar, November 13, 2024 (TBB Bureau): The three-day MSME and StartUp Trade Fair 2024 launched today at KIIT-DU, Bhubaneswar, featuring participation from over 65 StartUps across India. The event was inaugurated by Gokulananda Mallik, Minister of State for Fisheries and Animal Resources Development (F&ARD) and MSME, Government of Odisha. He highlighted the critical role of the MSME sector in achieving ...
Read More »Amway India partners with Akshaya Patra Foundation to tackle childhood malnutrition through nutritious meal initiative
Bhubaneswar, November 13, 2024 (TBB Bureau): In a remarkable stride toward addressing childhood malnutrition in India, Amway India, a leader in health and wellbeing, has partnered with The Akshaya Patra Foundation to provide nutritious meals to children in government schools across eight cities. This initiative, launched in celebration of Nutrilite’s 90th anniversary and in honor of Children’s Day, aims ...
Read More »Jindal Asha hosts inspiring orientation and screening for Special Olympics Sports
Angul, November 13, 2024 (TBB Bureau): In a powerful demonstration of inclusion and empowerment, Jindal Asha’s Angul unit, a key initiative of the Jindal Foundation, hosted a two-day orientation and screening event for Special Olympics sports. Held in collaboration with Special Olympics Bharat, Odisha, the event took place on 11th and 12th November 2024, offering Divyang (differently-abled) children an enriching ...
Read More »Centurion University partners with Zimbabwe’s PaNSD to enhance skill development opportunities
Bhubaneswar, November 12, 2024 (TBB Bureau): In a significant stride toward global education and skill enhancement, Centurion University of Odisha has entered into a transformative partnership with Zimbabwe’s Department of Public and National Skill Development (PaNSD). A Memorandum of Understanding (MoU) was signed on November 11, 2024, with the primary goal of providing advanced, skill-based training to Zimbabwean students and ...
Read More »India’s industrial production rebounds with 3.1pc growth in September
New Delhi, November 12, 2024 (TBB Bureau): India’s industrial sector showed robust recovery in September with a 3.1% rise in the Index of Industrial Production (IIP), reversing a 0.1% contraction in August, as per data from the Ministry of Statistics released on Tuesday. The surge underscores renewed momentum in manufacturing, electricity generation, and mining, marking a significant step forward in ...
Read More »Vistara merges with Air India
Mumbai, November 12, 2024 (TBB Bureau): The Air India Group marked a historic milestone on Tuesday with the completion of the operational and legal merger of Air India and Vistara, culminating in the creation of a robust full-service carrier. This transformation underscores the group’s vision to be a world-class airline and is a significant achievement in its post-privatisation journey. With ...
Read More »Tecnimont partners with Paradeep Municipality and NITK to develop biogas plant in Odisha
Mumbai, 12 November 2024 (TBB Bureau): In a significant move to promote sustainable practices and contribute to local communities, Tecnimont Private Limited (TCMPL), a subsidiary of MAIRE’s Integrated Engineering and Construction (E&C) Solutions, has joined hands with Paradeep Municipality and the National Institute of Technology, Karnataka – Surathkal (NITK) to develop a state-of-the-art biogas plant at Paradeep, in Jagatsinghpur district ...
Read More »Blue Dart reports robust Q2FY25 results with revenue at Rs 1,448 crore
Mumbai, November 12, 2024 (TBB Bureau): Blue Dart Express Limited, South Asia’s leading express air and integrated transportation and distribution logistics company, announced its financial results for the second quarter ending September 30, 2024, at its Board Meeting held in Mumbai. The company reported a revenue of Rs 1,448.46 crore for the quarter, underscoring its strong position in the logistics ...
Read More »Vedanta’s Kalinga Lancers ready to ignite HIL 2024 with a powerful lineup
New Delhi, November 11, 2024 (TBB Bureau): The stage is set, and anticipation is high as Vedanta’s Kalinga Lancers prepare for a stellar return to the Hockey India League (HIL) after a seven-year hiatus. The much-awaited season, scheduled from December 28, 2024, to February 1, 2025, promises high-octane action as eight elite teams vie for the prestigious HIL championship title. ...
Read More »Paradip Port Authority partners with Sri Sri Hospital to bring Ayurvedic healing to employees
Paradip, November 11, 2024 (TBB Bureau): Paradip Port Authority (PPA), India’s leading major port, has taken a landmark initiative in employee wellness by partnering with Sri Sri Hospital, Cuttack, to introduce Ayurvedic treatment facilities for its workforce. This strategic collaboration was formalized with the signing of a Memorandum of Understanding (MoU) in the presence of renowned spiritual leader and founder ...
Read More »RBI issues new framework for reclassification of Foreign Portfolio Investment to FDI
Mumbai, November 11, 2024 (TBB Bureau): The Reserve Bank of India (RBI) has introduced an operational framework allowing foreign portfolio investors (FPIs) to reclassify their holdings as foreign direct investment (FDI) if they breach the stipulated investment limit. This regulatory move aims to streamline foreign investments and ensure compliance with sectoral FDI policies. Currently, FPIs are restricted to holding less ...
Read More »LIC’s new premiums soar by 22.5pc to Rs 1.33 lakh crore in first seven months of FY25
New Delhi, November 11, 2024 (TBB Bureau): The Life Insurance Corporation of India (LIC), the country’s largest life insurer, reported a substantial 22.52% growth in new business premiums, amounting to Rs 1,32,680.98 crore in the first seven months of the fiscal year FY25. This figure, revealed in LIC’s latest financial data, marks a significant increase from the Rs 1,08,289.78 crore ...
Read More »Minister Pujari stresses urgent need for safe disposal of fly ash in Odisha’s industrial regions
Sambalpur, November 10, 2024 (TBB Bureau): Odisha’s Minister for Revenue and Disaster Management, Suresh Pujari, has emphasized the critical need for responsible fly ash disposal and management in the state’s industrial regions. This pressing call for action was highlighted during a key review meeting held at the Southern Revenue Division office in Sambalpur on Sunday, where officials discussed environmental challenges ...
Read More »Odisha-based Bon V Aero launches India’s first fully autonomous logistics drone ‘Air Orca’
Bhubaneswar, November 9, 2024 (TBB Bureau): In a landmark development for India’s drone technology and logistics sectors, Odisha-based deep tech startup Bon V Aero launched Air Orca, the nation’s first fully autonomous logistics drone. The event, hosted at C.V. Raman Global University, was made even more significant by the presence of renowned U.S. venture capitalist Tim Draper, an early backer ...
Read More »Minor slurry pipeline leak reported at Dabuna Beneficiation Plant, AM/NS India ensures swift response
Bhubaneswar, November 9, 2024 (TBB Bureau): In a swift response to a minor incident, AM/NS India confirmed a leakage in the slurry pipeline outside its Dabuna Beneficiation Plant earlier on Saturday. The issue was detected at 10:24 am, leading the team to immediately halt pumping operations to prevent any further impact. “Today morning at 10.24 am, there was a minor ...
Read More »For aviation, sky is not the limit but just a beginning
Bhubaneswar, November 9, 2024 (TBB Bureau): The Girls in Aviation Day 2024, celebrated at Rama Devi Women’s University in Bhubaneswar, inspired young women to envision a future in aviation. This impactful event, organized by the Odisha Commerce and Transport Department in partnership with Women in Aviation India (WAI), was themed “Empowering Dreams to Soar.” It showcased the state’s commitment to ...
Read More »Apple set up first-ever research subsidiary in India as part of diversification strategy
New Delhi, November 9, 2024 (TBB Bureau): In a significant boost to its India presence, Apple Inc. has announced the establishment of its first research and development (R&D) subsidiary in India, marking a milestone as the tech giant diversifies its extensive supply chain and research capabilities outside of China. The new R&D facility is expected to play a crucial role ...
Read More »India’s power sector on a growth trajectory amid renewable energy surge
New Delhi, November 9, 2024 (TBB Bureau): India’s power sector is gearing up for unprecedented growth, driven by a surge in energy demand and ambitious renewable energy targets that are reshaping the country’s energy landscape. With projections indicating that India will see a greater increase in energy demand over the next decade than any other country, investments in the nation’s ...
Read More »MoPSW achieves milestone in cleanliness and efficiency through Special Campaign 4.0
New Delhi, November 9, 2024 (TBB Bureau): “The Ministry of Ports, Shipping & Waterways (MoPSW) remains dedicated to creating efficient, eco-friendly spaces that support sustainable practices benefiting both our communities and environment,” said Union Minister for Ports, Shipping & Waterways, Sarbananda Sonowal, highlighted the Ministry’s commitment to fostering a cleaner and more sustainable work environment. His statement followed the successful ...
Read More »Centre partners with industry leaders to advance high-speed, ultra-low latency 5G technology in India
New Delhi, November 9, 2024 (TBB Bureau): In a significant step toward building high-speed, ultra-low latency 5G infrastructure, the Department of Telecommunications (DoT) announced a partnership with Linearized Amplifier Technology Services and Vedang Radio Tech. The Centre for Development of Telematics (C-DOT), along with these two pioneering companies, will jointly develop ‘Millimeter Wave Power Amplifier Chips IP Cores for 5G ...
Read More »Employees protest against AM/NS India over low wages and unfulfilled promises
Paradip, November 8, 2024 (TBB Bureau): Tensions have escalated in Paradip as local employees of AMNS (Arcelor Mittal Nippon Steel) India have staged a protest against the company, accusing it of exploitation and unfair treatment. The protest, led by youth who were employed by the company after giving up their ancestral land, highlights deepening grievances over low wages and broken ...
Read More »Vedanta reports strong financial results and record operational achievements in Q2FY25
Mumbai, November 8, 2024 (TBB Bureau): Vedanta Limited has announced its unaudited consolidated results for the second quarter (Q2) and half-year (H1) ending September 30, 2024, revealing strong financial performance, profitability, and operational achievements across its diversified portfolio. Vedanta posted a consolidated revenue of ₹37,171 crore, marking a 10% increase year-over-year (YoY) and a 5% increase quarter-over-quarter (QoQ). The company ...
Read More »TPCODL kicks off ‘Quality Month’, elevating standards from compliance to performance
Bhubaneswar, November 8, 2024 (TBB Bureau): TP Central Odisha Distribution Limited (TPCODL), a joint venture of Tata Power and the Government of Odisha, is pleased to announce the commencement of its fourth annual ‘Quality Month’. The opening event was led by Arvind Singh, CEO, TPCODL and Chairperson of the Total Quality Management (TQM) Core Committee, along with the Senior Leadership ...
Read More »NTPC pioneers carbon capture to methanol conversion at Vindhyachal Plant
New Delhi, November 8, 2024 (TBB Bureau): In a global first, state-owned power giant NTPC has successfully converted captured carbon dioxide (CO2) into methanol at its Vindhyachal plant, marking a groundbreaking achievement in sustainable fuel production and carbon management. NTPC announced on Friday that the CO2, captured from flue gases, was synthesized with hydrogen — produced from a PEM electrolyser ...
Read More »Asia Pacific office demand rises 10.7pc as occupiers seek premium spaces
Bangalore, November 8, 2024 (TBB Bureau): The Asia Pacific office market is forecasted to experience notable growth in 2025, with Colliers’ latest data indicating a 10.7% year-on-year (y-o-y) surge in office demand across top regional markets during Q3 2024. According to the Colliers’ Asia Pacific Office Market Insights Q3 2024 report, demand for Grade A office space reached 2.2 million ...
Read More »Eurogrip launches Trailhound tyres at EICMA 2024
Chennai, November 7, 2024 (TBB Bureau): Eurogrip Tyres, one of India’s leading tyre manufacturers, unveiled the Trailhound family of tyres at EICMA 2024, with two new variants designed for different biking styles: the Trailhound STR, tailored for adventure motorcycles, and the Trailhound SCR, aimed at classic bikes, scramblers, and café racers. Eurogrip also showcased its flagship range of two-wheeler tyres ...
Read More »Sand art marks NTPC’s 50th Raising Day
Internationally acclaimed sand artist Sudarsan Pattnaik crafted a stunning sand sculpture of NTPC’s 50th Anniversary logo at Puri Beach, marking the company’s milestone. On November 7, 2024, NTPC Ltd., India’s largest power utility, celebrated five decades of innovation and leadership in the nation’s energy sector.
Read More »NTPC Bongaigaon celebrates 50th Raising Day with grand festivities and community engagement
Bongaigaon, November 7, 2024 (TBB Bureau): In a grand celebration of its 50th Raising Day, NTPC Bongaigaon hosted a vibrant event, marking half a century of excellence and community-driven growth. The celebration, held at the NTPC administrative building, saw enthusiastic participation from employees, families, and local community members, underscoring NTPC’s commitment to its people and region. The day’s program began ...
Read More »IMFA posts strong Q2 FY25 performance with higher output and robust margins
Bhubaneswar, November 7, 2024 (TBB Bureau): Indian Metals & Ferro Alloys Ltd. (IMFA), India’s leading fully integrated producer of ferro alloys, has reported an impressive financial performance for the second quarter (Q2) of the current financial year (FY25), with notable growth in revenue, profitability, and exports for the quarter ending September 30, 2024. In Q2 FY25, IMFA achieved a revenue ...
Read More »NTPC Mining Limited HQ celebrates 50th NTPC Foundation Day with grandeur
Ranchi, November 7, 2024 (TBB Bureau): In a celebration marked by pride and joy, NTPC Mining Limited (NML) Headquarters in Ranchi commemorated the 50th NTPC Foundation Day with enthusiasm and reverence. Chief Guest Animesh Jain, Chief Executive Officer of NML and Regional Executive Director (Coal Mining), unfurled the NTPC flag, accompanied by the resonant NTPC Geet, witnessed by a gathering ...
Read More »NTPC celebrates 50th Raising Day at Bhubaneswar headquarters
Bhubaneswar, November 7, 2024 (TBB Bureau): NTPC Ltd., India’s largest integrated power major, marked its 50th Raising Day with celebrations at its Regional Headquarters in Bhubaneswar as well as across its corporate offices and stations nationwide. The event, which took place on November 7, was attended by key executives and employees, highlighting the company’s journey and its achievements in the ...
Read More »Kansai Nerolac Paints reports Q2FY25 results, eyes stronger growth in H2
Mumbai, November 6, 2024 (TBB Bureau): Kansai Nerolac Paints Limited (KNPL), one of India’s leading paint companies, has announced its unaudited results for the second quarter (Q2) of FY 2024-25. Despite facing market challenges, the company has delivered steady revenue growth and continues to focus on long-term capabilities. For the quarter, Kansai Nerolac reported a net revenue of Rs. 1864 ...
Read More »Vedanta Aluminium champions hygiene in Jharsuguda villages on Global Handwashing Day-2024
Jharsuguda, November 6, 2024 (TBB Bureau): In a significant health initiative, Vedanta Aluminium, India’s leading aluminium producer, observed Global Handwashing Day 2024 by launching an extensive awareness campaign across 28 villages in Jharsuguda. With the theme “Why are clean hands still important?” the campaign aimed to enhance health and hygiene practices within local communities, promoting handwashing as a vital tool ...
Read More »Vedanta Aluminium’s Metal Bazaar records 35pc increase in SME users, reflecting surge in digital procurement trend
Bhubaneswar, November 6, 2024 (TBB Bureau): Vedanta Aluminium, India’s largest aluminium producer, is witnessing a significant shift in the procurement patterns of small and medium enterprises (SMEs) through its innovative e-commerce platform, Metal Bazaar. In the six months since its launch, the platform has seen a remarkable 35% rise in SME users, while active users on the platform have soared ...
Read More »Aakash achieves record-breaking milestone: One million students participate in ANTHE 2024
New Delhi, November 06, 2024 (TBB Bureau): Aakash Educational Services Limited (AESL), a pioneer in the field of test preparatory services in India, has reached a monumental milestone with one million students appearing for its flagship scholarship exam, the Aakash National Talent Hunt Exam (ANTHE) 2024. The nationwide examination, held from October 19 to October 27, 2024, offered students from ...
Read More »Dalmia Vidya Mandir strikes a high note, sweeps first place at Zonal Kala Utsav 2024
Rajgangpur, November 6, 2024 (TBB Bureau): In a dazzling display of talent and dedication, students from Dalmia Vidya Mandir (DVM), Rajgangpur, Sundargarh, have clinched the first-place position at the prestigious Zonal Level Kala Utsav 2024. Competing in the Group Instrumental Music Classical category, this remarkable achievement was secured at the Science Centre in Tukurla, Bargarh, where they outperformed participants from ...
Read More »NTPC Swayamsiddha Ladies Club extends support to orphanage home in Ranchi
Ranchi, November 6, 2024 (TBB Bureau): NTPC Swayamsiddha Ladies Club (SSLC), affiliated with NTPC Mining Limited in Ranchi, has made a heartfelt contribution to the welfare of children at the Adim Jati Seva Mandal orphanage. In a noble initiative, the Club donated essential infrastructure items, including iron racks for storing groceries and snacks, aimed at enhancing the living conditions of ...
Read More »Vehicle retail sales in India surge 32pc in October 2024, driven by rural market and festive demand: FADA
New Delhi, November 6, 2024 (TBB Bureau): India’s vehicle retail sales recorded a remarkable 32% year-on-year growth in October 2024, reaching 28,32,944 units, as all segments — including two-wheelers, passenger vehicles, and tractors — showcased robust performance, the Federation of Automobile Dealers’ Association (FADA) reported on Wednesday. This growth compares to 21,43,929 units sold in October 2023. The surge in ...
Read More »Widespread outrage as authorities push forward with controversial mineral sand mining project in Brahmagiri region
Bhubaneswar, November 5, 2024 (TBB Bureau): The people of Brahmagiri in Odisha’s Puri district, alongside environmental activists and local community groups, are voicing escalating frustration and alarm over the proposed Mineral Sand Mining project in their region. Spearheaded by Indian Rare Earths Limited (IREL), the project has moved ahead despite widespread opposition and a pending Public Interest Litigation (PIL) in ...
Read More »Marut Drones raises $6.2 million in Series A funding to boost drone innovation and rural economic empowerment
Hyderabad/Bhubaneswar, November 5, 2024 (TBB Bureau): Marut Dronetech Pvt Ltd, a leading drone technology company with DGCA certification for manufacturing and training, has secured $6.2 million in Series A funding from Lok Capital. This investment will fuel Marut Drones’ mission to drive drone adoption across India’s agricultural sector and beyond, positioning the company at the cutting edge of tech-enabled solutions ...
Read More »Vedanta Lanjigarh strengthens workplace safety with extensive training series
Lanjigarh, November 5, 2024 (TBB Bureau): Vedanta Lanjigarh, a flagship unit of Vedanta Aluminium and India’s leading producer of smelter-grade alumina, has initiated a rigorous series of safety training sessions and workshops aimed at elevating workplace safety standards across its operations. This initiative brought together over 250 employees and business partners to engage in comprehensive sessions, including mock drills, live ...
Read More »Crompton launches Nigella Pro Mixer Grinder, redefining kitchen convenience
Mumbai, November 5, 2024 (TBB Bureau): Crompton Greaves Consumer Electricals Limited, a name synonymous with cutting-edge innovation and customer satisfaction, has expanded its kitchen appliance range with the launch of the Nigella Pro 500W Mixer Grinder. This latest addition merges high functionality with modern design, promising to elevate daily cooking routines and enhance kitchen aesthetics. Designed to save time and ...
Read More »Garuda Aerospace and CYOL forge groundbreaking partnership to transform agriculture across three continents
Chennai, November 5, 2024 (TBB Bureau): In a milestone development for the agricultural sector, Garuda Aerospace, one of India’s premier drone manufacturers, has signed a Memorandum of Understanding (MoU) with CYOL (Pvt) Ltd., Sri Lanka’s advanced agricultural technology leader, to revolutionize farming practices across Australia, Africa, and Asia. The MoU was formalized at CYOL’s headquarters in Colombo, Sri Lanka, marking ...
Read More »Acer India launches new ‘Iconia’ tablets: A fusion of power, portability, and premium design
Bengaluru, November 5, 2024 (TBB Bureau): Acer India has launched an exciting new range of tablets under the renowned Iconia brand, delivering a seamless blend of performance, style, and mobility. Available in 8.7-inch and 10.36-inch screen sizes, these tablets redefine the on-the-go digital experience, ideal for everything from streaming and gaming to productivity and multitasking. The compact Iconia Tab iM9-12M ...
Read More »Vedanta Aluminium transforms educational infrastructure in Odisha’s Sundargarh, benefiting over 750 students
Bhubaneswar, November 4, 2024 (TBB Bureau): In a significant move to uplift educational standards and foster a brighter future for Odisha’s youth, Vedanta Aluminium, India’s largest aluminium producer, has enhanced the infrastructure of 14 government schools and seven Anganwadi centers in the tribal-dominated Jamkani coal block area of Sundargarh. This initiative is set to impact over 750 students by providing ...
Read More »NALCO observes Vigilance Awareness Week 2024, promotes integrity for nation’s growth
Bhubaneswar, November 3, 2024 (TBB Bureau): National Aluminium Company Limited (NALCO) marked Vigilance Awareness Week 2024 by embracing the theme “Culture of Integrity for Nation’s Prosperity.” The week-long observance included an array of impactful events across all NALCO units and regional offices, aimed at fostering values of integrity, transparency, and accountability in public life. In an effort to engage young ...
Read More »
THEBUSINESSBYTES.COM Fast. Focused. Future-ready