The Business Bytes

New Delhi, November 28, 2024 (TBB Bureau): In a transformative move to bolster India’s electricity infrastructure, the Union Ministry of Power has announced an ambitious investment of ₹9.12 lakh crore to expand the country’s power transmission network by 2031-32. Minister of State for Power Shripad Yesso Naik shared this vision during a address to the Rajya Sabha. The National Electricity ...

Gurgaon, November 28, 2024 (TBB Bureau): Paisabazaar, India’s largest lending marketplace, has launched a state-of-the-art Fraud Detection and Prevention System, designed to safeguard the platform against fraudulent activities and build a more secure, responsible lending environment. This innovative system leverages cutting-edge machine learning algorithms and advanced technologies to proactively detect and mitigate fraud, reinforcing trust across the lending ecosystem. The ...

New Delhi, November 28, 2024 (TBB Bureau): In a significant move to enhance healthcare access for the workforce, the Centre is working towards the convergence of the Employees’ State Insurance Corporation (ESIC) with the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY). This integration will extend comprehensive medical care benefits to over 14.43 crore ESI beneficiaries and their families, as ...

Angul, November 27, 2024 (TBB Bureau): Jindal Asha, the dedicated wing of Jindal Foundation committed to empowering and educating children with special needs (Divyang), proudly hosted its 3rd Annual Sports Day on November 26-27, 2024. The event celebrated the indomitable spirit, resilience, and extraordinary talents of its students, emphasizing the transformative power of sports in fostering inclusivity and personal growth. ...

Bhubaneswar, November 27, 2024 (TBB Bureau): Kalyan Jewellers, one of India’s leading and most trusted jewellery brands, has announced the grand opening of two new showrooms in Odisha. The launch event, set for Saturday, 30th November 2024, will be graced by Bollywood star Sonakshi Sinha, adding a touch of glamour to the occasion. The celebrations will kick off at 3:30 ...

New Delhi, November 27, 2024 (TBB Bureau): Vedanta Aluminium, India’s largest aluminium producer and a pioneer in sustainable development, has further strengthened its environmental leadership by launching innovative biodiversity and carbon reduction initiatives in Jharsuguda, Odisha. This ambitious program is being rolled out in partnership with PwC India, aiming to bolster ecological balance, restore natural habitats, and foster community-centric carbon ...

New Delhi, November 27, 2024 (TBB Bureau): Punjab National Bank (PNB), India’s leading public sector bank, has unveiled a major enhancement to its NRI services with the launch of a 24×7 NRI Customer Service Centre on November 23, 2024. This new initiative, aimed at improving customer experience and meeting the growing demands of Non-Resident Indian (NRI) clients, was introduced alongside ...

Mumbai, November 27, 2024(TBB Bureau): DSP Mutual Fund has introduced the DSP Business Cycle Fund, an open-ended equity scheme centered on a business cycles-based investing theme. Designed to help investors optimize their entry and exit from market themes, the fund offers the flexibility to actively allocate significant weights to industries in an upcycle while managing risks effectively. The fund’s innovative ...

Bhubaneswar, November 26, 2024 (TBB Bureau): Reliance Jio continues to redefine connectivity in Odisha, cementing its position as the state’s leading broadband service provider. Powered by the rapid adoption of Jio AirFiber, Jio has set new benchmarks in the wireline segment, as evidenced by the latest telecom subscription data from TRAI. In September 2024 alone, Jio welcomed over 15,800 new ...

New Delhi, November 26, 2024 (TBB Bureau): In a monumental stride towards redefining India’s position in the global gaming and interactive entertainment industry, the Department for Promotion of Industry and Internal Trade (DPIIT) has signed a two-year Memorandum of Understanding (MoU) with WinZO, the country’s largest social gaming platform. This groundbreaking collaboration aims to bolster innovation, empower startups, and nurture ...