The Business Bytes

Bhubaneswar, October 22, 2024 (TBB Bureau): In a country where legal frameworks provide for equal inheritance rights for daughters, societal realities tell a different story. A recent study by Sunfeast Mom’s Magic reveals that only 7% of daughters receive equal inheritance through a will, highlighting the persistence of the archaic belief that “betiyan paraya dhan hoti hain” (daughters are ultimately ...

Jharsuguda, October 22, 2024 (TBB Bureau): Vedanta Aluminium, India’s largest aluminium producer, recently welcomed students from the Indian Institute of Management (IIM) Sambalpur to its state-of-the-art aluminium plant in Jharsuguda as part of its Campus Connect initiative. The visit offered the students an in-depth understanding of the aluminium manufacturing process, which serves over 60 countries, and provided valuable insights into ...

Bhubaneswar, October 21, 2024 (TBB Bureau): TP Central Odisha Distribution Limited (TPCODL), a joint venture between Tata Power and the Government of Odisha, has initiated a thorough preparedness plan in response to Cyclone ‘Dana’, focusing on maintaining uninterrupted power supply and ensuring public safety. As the cyclone approaches, TPCODL is fully equipped to handle any potential disruptions with the aim ...

Kolkata, October 21, 2024 (TBB Bureau): In a heartfelt tribute to Breast Cancer Month, Medica Superspecialty Hospital hosted a special event, ‘Bijoya: Brave and Beautiful,’ celebrating the resilience of women who have triumphed over breast cancer or are currently battling the disease. The gathering aimed to highlight the importance of early detection, support systems, and the strength of community in ...

Bhubaneswar, October 21, 2024 (TBB Bureau): In a powerful display of community service and compassion, the Jindal Foundation, the philanthropic arm of Jindal Steel & Power, marked Seva Divas across the country to celebrate the birthday of its Chairperson, Shallu Jindal—an acclaimed philanthropist, social leader, and renowned Kuchipudi danseuse. Seva Divas, observed on this special occasion, reflected the Foundation’s unwavering ...

Puri, October 20, 2024 (TBB Bureau): In a significant move to boost coastal tourism in Odisha, Union Minister for Ports, Shipping & Waterways Sarbananda Sonowal announced the establishment of two new lighthouses at Chaumukha in Balasore district and Dhamra in Bhadrak. The announcement was made on Sunday during the 2nd Indian Lighthouse Festival, held in Puri. At present, Odisha boasts ...

Bhubaneswar, October 20, 2024 (TBB Bureau): In a remarkable achievement, fifteen students from the Kalinga Institute of Social Sciences (KISS) have successfully cleared the Odisha Civil Services (OCS) Examination 2022. The results were announced by the Odisha Public Service Commission (OPSC) on Saturday. The students who made the institution proud are: Nandakishor Patra and Nilamadhab Patra from Kalahandi; Rajes Kisan ...

New Delhi, October 20, 2024 (TBB Bureau):  As urban air pollution continues to rise, a remarkable natural remedy is gaining attention for its skin health benefits: bamboo charcoal, affectionately dubbed the “black diamond.” A recent medical study has highlighted its effectiveness not only in purifying water but also in protecting facial skin from the adverse effects of pollution. The study ...

New Delhi, October 20, 2024 (TBB Bureau): Punjab & Sind Bank has posted strong financial performance for the quarter and half-year ended 30 September 2024, registering significant growth across key financial parameters. The bank reported a Net Profit of ₹240 crore for Q2FY25, representing a 26.98% increase from ₹189 crore in Q2FY24. Total Income witnessed a year-on-year (YoY) rise of ...

NEW DELHI, OCTOBER 20, 2024 (TBB BUREAU):  Dalmia Bharat Ltd, one of India’s leading cement manufacturers, announced a sharp 60.16 percent drop in its consolidated net profit for the September quarter, citing a decline in cement prices as a key factor. The company posted a net profit of Rs 49 crore, significantly lower than the Rs 123 crore recorded during ...