The Business Bytes

TBB BUREAU NEW DELHI, OCT 9, 2023 The automotive retail in September 2023 showcased a robust double-digit YoY (year-on-Year) growth of over 20 per cent as demand soared across vehicle segments with the onset of festival season, Federation of Automobile Dealers’ Associations (FADA) said on Monday. Overall automobile registrations rose to 18,82,071 units in September 2023 from 15,63,735 units in ...

TBB BUREAU BHUBANESWAR, OCT 8, 2023 As part of its “Bill Pay and Win” Scheme, TP Central Odisha Distribution Limited (TPCODL) distributed 200 mobile phones to lucky customers across 20 divisions in events organized at Bhubaneswar, Nimapada, Puri, Cuttack, Salipur, Athagarh, Dhenkanal, Talcher, Angul, Khorda, Balugaon, Nayagarh, Jagatsinghpur, Paradeep, Marshaghai and Kendrapada. These rewards recognize and commend customers who responsibly ...

TBB BUREAU BHUBANESWAR, OCT 8, 2023 In a dedicated pursuit of its commitment to the vision of a Hunger-Free India, the JSP Foundation, inspired by the Hunger-Free India vision of Jindal Steel & Power (JSP) Chairman Naveen Jindal who had introduced a private bill in the Lok Sabha to end hunger in the country, is set to expand the operational ...

TBB BUREAU RAJGANGPUR, OCT 7, 2023 Dalmia Bharat Group of Industries initiative Dalmia Private Industrial Training Institute (DITI) at Jhagarpur in Rajgangpur, managed by the Dalmia Audyogik Shikshan Pratishthan Trust, organized a welcome and orientation programme for the newly inducted students. Government Industrial Training Institute-Rourkela Principal Dhananjaya Khura grace the occasion as the chief guest and guided the students. UCO ...

TBB BUREAU BHUBANESWAR, OCT 6, 2023 Continuing its efforts and community-led initiatives promoting Nature-based Solutions (NbS) for Disaster Risk Reduction in disaster prone districts of Odisha, Reliance Foundation in partnership with the local communities, has initiated conservation programme centered on conservation of the mangrove ecosystem in Balasore, Jagatsinghpur and Ganjam districts of the state. Reliance Foundation has supported the planting ...

TBB BUREAU NEW DELHI, OCT 6, 2023 India’s largest aluminium producer Vedanta Aluminium has unveiled a new range of advanced wire rods, namely T4, AL59, and the 8xxx series, establishing a new paradigm of excellence in product offerings for the global power and transmission sector. The company launched the new products on the inaugural day of the ongoing Cable & ...

TBB BUREAU MUMBAI, OCT 6, 2023 Abu Dhabi Investment Authority will invest Rs 4,966.80 crore into Reliance Retail Ventures Limited for a 0.59 per cent stake in the company, said Reliance Industries. ”This investment values RRVL at a pre-money equity value of Rs 8.381 lakh crore (USD 100.83 billion), which makes it among the top four companies by equity value ...

TBB BUREAU BHUBANESWAR, OCT 5, 2023 In a significant move to bolster Odisha’s commitment to deliver long term raw material security for sustainable business, the Odisha Mining Corporation (OMC) and Aditya Birla Group company Hindalco Industries Limited on Thursday signed a Memorandum of Understanding (MoU) for the Long-Term Linkage of Raw Material for HINDALCO Alumina Refinery at Kanshariguda in Rayagada ...

TBB BUREAU BHUBANESWAR, OCT 5, 2023 Leading financial services company Yes Securities has witnessed a 75 per cent rise in opening of new demat accounts in Odisha since 2022. With this surge in equity investments from across Odisha, Bhubaneswar tops the list by witnessing a 60 per cent increase in demat accounts holding in the past 1 year. The company ...

TBB BUREAU HYDERABAD, OCT 5, 2023 The shareholders of Regency Ceramics Limited have approved the appointment of Satyendra Prasad Narala as the company’s Managing Director. Satyendra Prasad moves up from his current position of Whole-time Director and CFO to Managing Director to guide the revival of the company. As Managing Director, Satyendra Prasad is tasked with re-crafting the Regency success ...