The Business Bytes

Mumbai, November 12, 2024 (TBB Bureau): The Air India Group marked a historic milestone on Tuesday with the completion of the operational and legal merger of Air India and Vistara, culminating in the creation of a robust full-service carrier. This transformation underscores the group’s vision to be a world-class airline and is a significant achievement in its post-privatisation journey. With ...

Mumbai, 12 November 2024 (TBB Bureau): In a significant move to promote sustainable practices and contribute to local communities, Tecnimont Private Limited (TCMPL), a subsidiary of MAIRE’s Integrated Engineering and Construction (E&C) Solutions, has joined hands with Paradeep Municipality and the National Institute of Technology, Karnataka – Surathkal (NITK) to develop a state-of-the-art biogas plant at Paradeep, in Jagatsinghpur district ...

Bhubaneswar, November 12, 2024 (TBB Bureau): In a major advancement in healthcare technology, Kalinga Institute of Medical Sciences (KIMS) has installed Odisha’s first-ever 3D Digital Mammography Machine, equipped with an integrated Stereotactic Biopsy System. The state-of-the-art technology was officially unveiled by Dr. Achyuta Samanta, Founder of KIIT and KISS, with the goal of revolutionizing breast cancer diagnosis and treatment across ...

Mumbai, November 12, 2024 (TBB Bureau): Blue Dart Express Limited, South Asia’s leading express air and integrated transportation and distribution logistics company, announced its financial results for the second quarter ending September 30, 2024, at its Board Meeting held in Mumbai. The company reported a revenue of Rs 1,448.46 crore for the quarter, underscoring its strong position in the logistics ...

Kolkata, November 12, 2024 (TBB Bureau): Manipal Hospitals, one of India’s largest healthcare networks, recently held a high-level workshop on advanced techniques in Complex Percutaneous Coronary Intervention (PCI) at their Mukundapur facility in Kolkata. Led by renowned interventional cardiologist Dr. Marc Silvestri from Clinique Axium in Aix-en-Provence, France, the workshop addressed critical cardiac challenges through live case demonstrations and discussions ...

New Delhi, November 11, 2024 (TBB Bureau): The stage is set, and anticipation is high as Vedanta’s Kalinga Lancers prepare for a stellar return to the Hockey India League (HIL) after a seven-year hiatus. The much-awaited season, scheduled from December 28, 2024, to February 1, 2025, promises high-octane action as eight elite teams vie for the prestigious HIL championship title. ...

Paradip, November 11, 2024 (TBB Bureau): Paradip Port Authority (PPA), India’s leading major port, has taken a landmark initiative in employee wellness by partnering with Sri Sri Hospital, Cuttack, to introduce Ayurvedic treatment facilities for its workforce. This strategic collaboration was formalized with the signing of a Memorandum of Understanding (MoU) in the presence of renowned spiritual leader and founder ...

Mumbai, November 11, 2024 (TBB Bureau): The Reserve Bank of India (RBI) has introduced an operational framework allowing foreign portfolio investors (FPIs) to reclassify their holdings as foreign direct investment (FDI) if they breach the stipulated investment limit. This regulatory move aims to streamline foreign investments and ensure compliance with sectoral FDI policies. Currently, FPIs are restricted to holding less ...

Bhubaneswar, November 11, 2024 (TBB Bureau): KIIT Deemed-to-be-University is basking in pride as Trishna Ray, a student from its School of Fashion Technology, has been crowned Miss Teen Universe 2024. The prestigious international beauty pageant, held in South Africa from November 1st to 9th, saw young contestants from around the globe showcasing their talents, intelligence, and commitment. Amidst this fierce ...

New Delhi, November 11, 2024 (TBB Bureau):  The Life Insurance Corporation of India (LIC), the country’s largest life insurer, reported a substantial 22.52% growth in new business premiums, amounting to Rs 1,32,680.98 crore in the first seven months of the fiscal year FY25. This figure, revealed in LIC’s latest financial data, marks a significant increase from the Rs 1,08,289.78 crore ...