The Business Bytes

New Delhi, November 28, 2024 (TBB Bureau): India continues to shine as a key player in the global mining and metal production industry, posting strong growth in the production of iron ore and non-ferrous metals during the first seven months of FY 2024-25 (April-October). This performance comes on the heels of record-breaking production levels achieved in FY 2023-24, according to ...

Puri/Bhubaneswar, November 28, 2024 (TBB Bureau): Jindal Panther Cement, renowned for its innovation and quality, has made a dynamic entry into the cement industry with a spectacular launch event in Puri. This milestone coincides with the operational commencement of the advanced Angul Cement Plant, a facility designed to revolutionize construction in East India by integrating cutting-edge technology and sustainable practices. ...

Jharsuguda, November 28, 2024 (TBB Bureau): Vedanta Aluminium, India’s largest aluminium producer, in collaboration with the Jharsuguda District Health Department, marked World Diabetes Day with a robust health awareness campaign in the region. The initiative, aligned with this year’s theme, “Breaking Barriers, Bridging Gaps,” aimed to educate and empower the local community about diabetes prevention, early detection, and management. The ...

Mumbai, November 28, 2024 (TBB Bureau): LTIMindtree Foundation, the CSR arm of LTIMindtree, has signed a Memorandum of Understanding (MoU) with Centurion University of Technology & Management (CUTM) to launch the ‘Shelter to Habitation’ project. This transformative initiative aims to construct over 80 all-weather homes and community infrastructure in cyclone-prone tribal villages of Odisha’s Gajapati district, benefiting approximately 3,000 residents ...

New Delhi, November 28, 2024 (TBB Bureau): Motorola is taking a giant leap forward in enhancing the smartphone experience with the introduction of its first-ever open beta program, designed for the Razr 50 series and Edge 50 Ultra. Users can now explore a new world of advanced Moto AI features aimed at simplifying daily interactions, boosting productivity, and personalizing smartphone ...

You are in your late thirties or forties, juggling work, family responsibilities, and a long list of personal goals. Planning for retirement might feel like one more overwhelming task, especially when managing current finances already demands attention. But then, someone mentions mutual funds—a type of investment that can potentially grow your money over time without your constant involvement. You start ...

Mumbai, November 28, 2024 (TBB Bureau): The net leverage of domestic primary steel producers, measured as the ratio of net debt to EBITDA, is set to reach a five-year high of over 3x this fiscal. This surge reflects a 25% increase in debt due to substantial capital expenditure (capex), even as profitability is squeezed by cheaper imports, particularly from China. ...

Bhubaneswar, November 28, 2024 (TBB Bureau): In a significant step towards modernizing education, Hindalco Industries Limited, an Aditya Birla Group company, has launched its ambitious digital classroom initiative, ‘Project Anveesha’, in seven high schools near its Hirakud plant in Sambalpur district. The initiative aims to transform traditional classrooms into state-of-the-art, tech-enabled learning spaces. Equipped with smart boards, e-learning platforms, AI ...

New Delhi, November 28, 2024 (TBB Bureau): GAIL (India) Limited, through its wholly owned subsidiary GAIL Mangalore Petrochemicals Limited (GMPL), has taken a decisive step toward revitalizing its 1.25 MMTPA Purified Terephthalic Acid (PTA) manufacturing plant in Mangalore. An Amendment Agreement formalizing the renewed collaboration with global petrochemical leader INEOS was signed in the capital, marking a significant milestone in ...

New Delhi, November 28, 2024: Indian Railways has registered a remarkable revenue of Rs 12,159.35 crore from ticket sales during the festive period spanning from September 1 to October 31, 2024. This surge in earnings, attributed to a wave of festivals including Ganesh Chaturthi, Dussehra, and Diwali, underscores the growing demand for rail travel in India during the festive season. ...