The Business Bytes

THEBUSINESSBYTES BUREAU BHUBANESWAR, MAY 7, 2025 In a powerful testament to resilience and quality education, students from Gram Vikas’ four residential schools have delivered outstanding results in the 2024-25 Class 10 board examinations. Out of 159 students who appeared from Ganjam, Gajapati, and Kalahandi districts, an impressive 91 scored above 60 per cent, and three of the schools recorded a ...

THEBUSINESSBYTES BUREAU MUMBAI, MAY 5, 2025 Billionaire industrialist Anil Agarwal-led Vedanta Limited reported a stellar financial performance for the fiscal year ended March 31, 2025 (FY25), with consolidated profit after tax (PAT) skyrocketing 172 per cent year-on-year (YoY) to ₹20,535 crore. The metals-to-mining conglomerate also posted its highest-ever annual revenue of ₹1,50,725 crore, a robust 10 per cent increase YoY, ...

THEBUSINESSBYTES BUREAU HYDERABAD, MAY 5, 2025 In a transformative step towards empowering rural India, the Heartfulness Institute, in collaboration with global digital payments leader PayPal, has launched a Biochar Centre of Excellence promoting Rural Entrepreneurship at Kanha Shanti Vanam, the world’s largest meditation centre located on the outskirts of Hyderabad. The initiative was inaugurated by Nitin Gadkari, Union Minister for ...

THEBUSINESSBYTES BUREAU KEONJHAR, MAY 5, 2025 In a historic economic announcement, Odisha Chief Minister Mohan Charan Majhi revealed on Monday that industrial giant JSW will soon establish a mega steel plant in Keonjhar with an initial investment of ₹35,000 crore. The move is part of a broader vision to transform Keonjhar into an industrial powerhouse, with 30 new projects totaling ...

THEBUSINESSBYTES BUREAU PURI, MAY 5, 2025 A spiritual and cultural storm has brewed over the naming of a newly consecrated Jagannath temple in Digha, West Bengal. Puri’s titular king and chairman of the Shree Jagannath Temple Managing Committee, Gajapati Maharaja Dibyasingha Deb, has strongly objected to the use of the term ‘Jagannath Dham’ for the Digha shrine, asserting that such ...

THEBUSINESSBYTES BUREAU ROURKELA, MAY 5, 2025 In a remarkable display of operational excellence, the Steel Melting Shop-I (SMS-I) of  Rourkela Steel Plant (RSP) has etched its name into the record books by executing the longest-ever sequence of heats in its Continuous Casting Machine-I. On April 30, 2025, SMS-I achieved a new milestone by completing 31 successive heats, surpassing its previous ...

THEBUSINESSBYTES BUREAU AHMEDABAD, MAY 5, 2025 In a historic milestone for India’s infrastructure sector, Adani Cement has achieved a staggering 100 million tonnes per annum (MTPA) production capacity — setting a world record for the fastest pace ever reached in the cement industry. Chairman of the Adani Group, Gautam Adani, took to social media platform X on Monday to celebrate ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, MAY 5, 2025 Odisha’s immense mineral wealth, particularly in bauxite, iron ore, and coal, holds the key to transforming the state into an economic engine for India’s self-reliant future, according to a new Whitepaper released by AIDENT (An Initiative for Development & Empowerment). Titled “Mining Odisha’s Potential: Powering India’s Journey to Atmanirbharta and Prosperity,” the report calls ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, MAY 3, 2025 On the occasion of National Coal Miners’ Day, Vedanta Aluminium, India’s largest aluminium producer, reaffirmed its unwavering commitment to the safety and well-being of its mining workforce. The company showcased a suite of cutting-edge technologies deployed at its Jamkani coal mines in Odisha—its first greenfield coal project—underscoring a major leap towards building smart, secure, ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, MAY 3, 2025 As the sacred city of Puri prepares to welcome millions of devotees for the iconic Rath Yatra, TP Central Odisha Distribution Limited (TPCODL) — a joint venture of Tata Power and the Government of Odisha — is reaffirming its commitment to seamless power supply during this grand spiritual celebration. With an anticipated peak load ...