The Business Bytes

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. ...

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. ...