The Business Bytes

Bhubaneswar, September 9, 2024 (TBB Bureau):In a significant boost to its global research capabilities, Amway has announced a groundbreaking $4 million investment to establish four state-of-the-art Research & Development (R&D) laboratories across India. This strategic move underscores Amway’s commitment to advancing health and wellbeing solutions, aligning with its global vision of pioneering next-generation product development. The newly inaugurated labs, located ...

Jajpur, September 9, 2024 (TBB Bureau): Fenesta, India’s largest and leading brand for windows and doors, has further reinforced its retail footprint with the grand opening of its new showroom at Raj Furniture, located in Chorda, Jajpur Road, Jajpur, Odisha. This latest addition aims to bring the best in class Aluminum windows and doors, uPVC windows and doors, and solid ...

New Delhi, September 9, 2024 (TBB Bureau): Amazon on Monday announced a significant milestone with its flagship e-commerce export program, Amazon Global Selling, which is on track to facilitate over $13 billion in cumulative e-commerce exports from India by the end of 2024. The announcement came during the unveiling of the Exports Digest 2024, an annual report that highlights the ...

Mumbai, September 9, 2024 (TBB Bureau): Union Bank of India has announced its decision to become a signatory to the Partnership for Carbon Accounting Financials (PCAF), a move that aligns with the growing global emphasis on climate risk management and the recent draft guidelines issued by the Reserve Bank of India (RBI) on climate risk disclosures. PCAF is a global ...

Bhubaneswar, September 9, 2024 (TBB Bureau): Akhil Kumar Mishra, a distinguished officer from the 1999 batch of the Indian Information Service, has assumed the role of Additional Director General (ADG) of the Press Information Bureau (PIB) and the Central Bureau of Communication (CBC) in Bhubaneswar, under the Ministry of Information and Broadcasting. In addition to his primary responsibilities, Mishra will ...

The new Framework Convention on Artificial Intelligence, signed by key global powers, emphasizes transparency, accountability, and human oversight to prevent AI from reinforcing biases and inequalities, while still encouraging innovation, writes Jayajit Dash   In the annals of history, certain documents stand out as beacons of progress. The Magna Carta, the Universal Declaration of Human Rights, and the Geneva Conventions ...

Mumbai, September 9, 2024 (TBB Bureau): Vaishali Pharma Ltd., a leading Mumbai-based pharmaceutical company, has announced a 1:1 bonus issue and a 1:5 stock split, a move aimed at rewarding existing shareholders, enhancing liquidity, and expanding its shareholder base. This decision, made during the board meeting held recently, is subject to necessary regulatory and shareholder approvals. The board approved the ...

Bhubaneswar, September 07, 2024 (TBB Bureau): TP Central Odisha Distribution Limited (TPCODL), a joint venture of Tata Power and the Government of Odisha, has announced an ambitious plan to solarise one lakh residential buildings under the PM-Suryaghar: Muft Bijli Yojana. As the designated State Implementing Agency for this initiative, TPCODL aims to install rooftop solar power systems for residential consumers ...

Bongaigaon, September 07, 2024 (TBB Bureau): NTPC Bongaigaon, in partnership with the Assam Cancer Care Foundation (ACCF), has inaugurated a comprehensive cancer care program in Kokrajhar district as part of its Corporate Social Responsibility (CSR) initiatives. This program aims to provide crucial healthcare services to communities throughout the region. The launch event was marked by the presence of several prominent ...

Jharsuguda, September 07, 2024 (TBB Bureau): Vedanta Aluminium, India’s largest aluminium producer, conducted a comprehensive on-site emergency mock drill at its aluminium plant in Jharsuguda. The drill, focusing on transformer fires and subsequent rescue operations, was aimed at enhancing the emergency response capabilities of the plant’s workforce and ensuring preparedness in the event of an actual emergency. The mock drill ...