The Business Bytes

Paradip, November 29, 2024 (TBB Bureau): ArcelorMittal Nippon Steel India (AM/NS India), under its flagship CSR initiative “SAFAL” (Sustainable Agriculture and Farmers’ Livelihoods), has taken a significant step towards supporting the farming community in the Kujang Block of Jagatsinghpur district. In a recent distribution drive, the company provided 124 manual spray pumps — each with a 16-litre capacity—to farmers across ...

Dhamra, November 29, 2024 (TBB Bureau): Dhamra Port Company Limited (DPCL) achieved a remarkable milestone on Thursday, setting a new record in rake handling by successfully managing 35 rakes in a single day. This feat surpassed the previous record of 34 rakes, set on January 16, 2024, and reaffirms the port’s commitment to operational excellence. The record-breaking operations included 21 ...

New Delhi, November 29 (TBB Bureau): India’s economy recorded a robust Gross Domestic Product (GDP) growth rate of 5.4% in the second quarter (July-September) of the current financial year, according to data released by the Ministry of Statistics on Friday. Despite a marginal slowdown from the 6.7% growth seen in Q1 (April-June), India continues to outpace its global peers, maintaining ...

Joda/Barbil, November 29, 2024 (TBB Bureau): Athletes from the Jindal Sports Hostel delivered a stellar performance at the 68th National School Games, securing five medals in Wushu. The prestigious event was held in Jammu from November 22 to 26, showcasing the exceptional talent and determination of the hostel’s young athletes. Out of seven participants representing the hostel, Rajesh Nag (40 ...

Varanasi, November 29, 2024 (TBB Bureau): Aditya Birla Fashion and Retail Limited (ABFRL), in collaboration with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), unveiled India’s first circularity guidelines for the textile and apparel industry at the prestigious Sankalp Bharat Summit 2024 in Varanasi. This landmark launch was graced by industry stalwarts, government officials, and sustainability experts, marking a pivotal step toward ...

Lanjigarh, November 29, 2024 (TBB Bureau): Vedanta Lanjigarh, India’s premier producer of smelter-grade alumina and a unit of Vedanta Aluminium, has been awarded the Platinum Award in the ‘Steel & Mining Sector’ category at the prestigious 6th ICC National Occupational Health & Safety Awards. This distinguished recognition, conferred by the Indian Chamber of Commerce (ICC), reflects Vedanta Lanjigarh’s unwavering commitment ...

Koraput, November 29, 2024 (TBB Bureau):  In a remarkable gesture that reaffirms its commitment to the preservation and promotion of Odisha’s rich cultural traditions, Vedanta Aluminium, India’s largest aluminium producer, has provided vital infrastructural support to PARAB-2024, an annual tribal and folk festival that celebrates the vibrant cultural heritage of the local tribal communities in the region. Held near the ...

Mumbai, November 29, 2024 (TBB Bureau): DSP Mutual Fund has introduced its latest offering, the DSP Business Cycle Fund, an open-ended equity scheme designed to capitalize on business cycles. This innovative fund empowers investors to dynamically invest across large-cap, mid-cap, and small-cap companies, aligning with industries poised for growth, strong fundamentals, and attractive valuations. The DSP Business Cycle Fund leverages ...

Bhubaneswar, November 29, 2024 (TBB Bureau): In a bold step towards eradicating child marriage, Kandhamal district aligned itself with the Government of India’s nationwide campaign, ‘Bal Vivah Mukt Bharat’ (Child Marriage Free India), which was recently launched at Vigyan Bhawan, New Delhi. Spearheaded by the Humara Bachpan Trust (HBT), the district has rolled out a series of impactful initiatives to ...

Mumbai, November 29, 2024 (TBB Bureau): Vijay Chandok, a seasoned banker and financial market veteran with over three decades of experience, has assumed the role of Managing Director and Chief Executive Officer (MD & CEO) of National Securities Depository Limited (NSDL), effective immediately. Chandok, known for his deep expertise in the BFSI sector, joins NSDL after an illustrious career with ...