The Business Bytes

THEBUSINESSBYTES BUREAU BHUBANESWAR, JANUARY 3, 2025 In a significant move to promote the traditional sport of Kho Kho, the Odisha government has announced its sponsorship of the national Kho Kho team for the next three years. This initiative, which is set to run from January 2025 to December 2027, is a significant boost to the sport and is expected to ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JANUARY 3, 2025 Odisha is gearing up to captivate the world at the Pravasi Bharatiya Divas Convention with an extraordinary pavilion that celebrates its rich heritage, cultural diversity, and industrial achievements. Themed “Glorious Odisha: From Ancient to Modern,” this 400-square-metre masterpiece at Janata Maidan will transport visitors through the state’s vibrant history and forward-looking progress. Designed to ...

THEBUSINESSYTES BUREAU NEW DELHI, JANUARY 3, 2025 Vedanta Aluminium, India’s largest aluminium producer, has earned global recognition for its commitment to sustainability by securing the second position in the prestigious S&P Global Corporate Sustainability Assessment (CSA) for the aluminium sector. This remarkable achievement is underpinned by an impressive overall score of 77, reflecting the company’s leadership in Environmental, Social, and ...

THEBUSINESSBYTES BUREAU PARADIP, JANUARY 3, 2025 The 20th Paradip Marathon 2025, organized by the Gopabandhu Kreeda Sansad of Paradip Port Authority (PPA), concluded with resounding success on Friday, marking a fitting tribute to the 64th Port Foundation Day. Odisha Police athletes Ashok Dandsena and Susmita Tigga stole the show with their stellar performances in the men’s and women’s categories, respectively. ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JANUARY 3, 2025 Dr Hari Babu Kambhampati was sworn in as the Governor of Odisha during a ceremonious event at the Raj Bhavan on Friday. The oath of office was administered by Chief Justice of Orissa High Court, Chakradhari Sharan Singh, in the Abhishek Hall amidst the presence of dignitaries and state leaders. Dr Kambhampati succeeds Raghubar ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, JANUARY 2, 2025 Tapas Kumar Pattanayak has assumed the role of Director (Human Resources) at Navratna CPSE National Aluminium Company Limited (NALCO). Before taking up this prestigious position, he served as Executive Director (HR) at the Refineries Division Head Office of Indian Oil Corporation Ltd in Delhi. With an illustrious career spanning over 33 years, Pattanayak brings ...

THEBUSINESSBYTES BUREAU NEW DELHI, JANUARY 2, 2025 The coal sector has emerged as a standout performer among the eight core industries, achieving an impressive 7.5% growth in November 2024. According to the Index of Eight Core Industries (ICI) released by the Ministry of Commerce & Industry, the coal index rose to 199.6 points in November 2024, up from 185.7 points ...

THEBUSINESSBYTES BUREAU NEW DELHI, JANUARY 2, 2025 India’s coal sector has achieved a remarkable milestone, with captive and commercial coal mines recording an unprecedented 34.2% increase in production during April-December 2024. The total output surged to 131.05 million tonnes (MT), up from 97.665 MT during the same period in 2023, according to the Ministry of Coal. December 2024 marked a ...

THEBUSINESSBYTES BUREAU NEW DELHI, JANUARY 2, 2025 In a significant push towards sustainable transportation, the Indian government announced that 16.15 lakh electric vehicles (EVs) have been incentivized under the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles in India (FAME India)-II scheme. The initiative, launched in 2019, underscores India’s commitment to eco-friendly mobility solutions and a greener future. The ...

THEBUSINESSBYTES BUREAU NEW DELHI, JANUARY 2, 2025 In a groundbreaking development, scientists have unveiled a nano-formulation of melatonin — the brain’s darkness hormone — that demonstrates remarkable antioxidative and neuroprotective properties, positioning it as a promising therapeutic solution for Parkinson’s disease (PD). This innovative approach has been spearheaded by researchers at the Institute of Nano Science and Technology (INST) Mohali, ...