The Business Bytes

New Delhi, April 02, 2024 (TBB Bureau): The Indian Renewable Energy Development Agency Limited (IREDA), recognized as the nation’s leading pure-play green financing Non-Banking Financial Company (NBFC), has achieved unprecedented milestones in the financial year 2023-24, as per an official statement released on Tuesday. During this fiscal year, IREDA has recorded its highest-ever annual loan sanctions, totaling an impressive Rs ...

NEW DELHI, APRIL 2, 2024 (TBB BUREAU): Nilkamal Sleep, a leading name in the furniture industry, has unveiled Bollywood heartthrob Ranbir Kapoor as its brand ambassador, marking the onset of an exciting collaboration set to redefine the mattress sector. Under the banner of “Thoughtfully Designed for You,” this partnership aims to revolutionize the sleeping experience for customers across India. With ...

Munich/Pune, April 02, 2024 (TBB Bureau):   BMW Group and Tata Technologies have officially announced the establishment of an automotive software and IT development hub, spanning across Pune, Bengaluru, and Chennai. This collaborative venture is set to deliver cutting-edge automotive software, including software-defined vehicle (SDV) solutions tailored for BMW Group’s premium vehicles, along with digital transformation solutions for its business ...

Rajgangpur, April 1, 2024 (TBB Bureau): In a vibrant tribute to the rich heritage and spirit of Odisha, Dalmia Cement (Bharat) Limited (DCBL) commemorated Utkal Divas with fervor and zest. Gopabandhu Sanskrutika Parishad, an eorganization within DCBL, orchestrated a series of engaging events to honor the legacy of Utkalmani Pandit Gopabandhu Das and celebrate the essence of Odia culture. The ...

New Delhi, April 1, 2024 (TBB Bureau): The Finance Ministry on Monday said that GST collections for March soared to Rs 1.78 lakh crore, marking an impressive 11.5 percent growth driven by robust domestic transactions. For the fiscal year spanning from April 2023 to March 2024 (FY24), gross GST collection reached a commendable Rs 20.18 lakh crore, reflecting a notable ...

New Delhi, April 1, 2024 (TBB Bureau): Suzuki Motorcycle India Pvt. Ltd. (SMIPL), the two-wheeler subsidiary of Suzuki Motor Corporation, Japan, on Monday announced its unprecedented sales milestone for the fiscal year 2023-24, propelled by robust demand and strategic initiatives. For the first time in its history, SMIPL surpassed the remarkable milestone of selling over 11 lakh units, reaching a ...

New Delhi, April 1, 2024 (TBB Bureau): The Steel Authority of India Limited (SAIL) on Monday reported a remarkable 7 percent surge in saleable steel production, reaching an unprecedented 18.4 million tonnes for the fiscal year ending March 31, 2024 (FY24) as compared to FY23. In addition to the surge in saleable steel, SAIL achieved its highest-ever sales volume, totalling ...

Bhubaneswar, Apr 1, 2024 (TBB Bureau) Tata Power Central Odisha Distribution Limited (TPCODL) joyously celebrated Utkal Divas on Monday, honoring the rich cultural heritage and historical significance of Odisha. Utkal Divas, observed annually on April 1st, commemorates the formation of the Odisha state in 1936. Odisha, renowned for its breathtaking architecture, vibrant art, music, and dance, stands as a testament ...

Paradip Port emerges as top cargo handling Major Port in India for FY24, sets new records Paradip, April 1, 2024 (TBB Bureau) Paradip Port Authority (PPA) has achieved a significant milestone by emerging as the highest cargo handling major port in India for the fiscal year 2023-24, surpassing previous records and nudging past Deendayal Port, Kandla. With an incredible cargo ...

Ahmedabad, April 1, 2024 (TBB Bureau) Adani Ports and Special Economic Zone Ltd (APSEZ) has achieved unprecedented success in the fiscal year 2023-24, surpassing all expectations by handling a record-breaking 420 million metric tonnes (MMT) of cargo, marking a substantial 24% year-on-year increase. The achievement includes both domestic and international ports, with domestic ports contributing over 408 MMT of the ...