The Business Bytes

New Delhi, October 19, 2024 (TBB Bureau): Abhyuday Jindal, Managing Director of Jindal Stainless, has been appointed as the new president of the Indian Chamber of Commerce (ICC), one of India’s most prominent industry bodies. Founded in 1925 and headquartered in Kolkata, ICC has played a pivotal role in shaping the nation’s business environment. Jindal, an alumnus of Boston University ...

Puri, October 19, 2024 (TBB Bureau): “The Lighthouse Festival is a key to promoting tourism in Odisha, driving economic growth, and creating job opportunities for local communities,” stated Shantanu Thakur, Union Minister of State for Ports, Shipping & Waterways, as he inaugurated the 2nd Indian Lighthouse Festival 2024 at the Lighthouse Tourism Conclave in Puri on Saturday. Thakur expressed pride ...

Mumbai, October 18, 2024 (TBB Bureau):  Vedanta Limited, a leading global natural resources company, has announced a significant new investment of Rs 1 lakh crore in Odisha, further solidifying its long-standing partnership with the state. This strategic move is expected to generate 2 lakh new employment opportunities and propel Odisha closer to its ambitious goal of becoming a half-trillion-dollar economy ...

Mumbai, October 18, 2024 (TBB Bureau): National Securities Depository Limited (NSDL), one of the world’s leading securities depositories, has reached a significant milestone, with the value of securities held in dematerialized form crossing Rs 500 lakh crore (equivalent to US $6 trillion). This achievement underscores NSDL’s pivotal role in the evolution of India’s financial markets and its growing significance in ...

Bhubaneswar, October 18, 2024 (TBB Bureau): Tanishq, India’s leading jewellery brand from the house of Tata, has made a significant expansion in Odisha by launching three grand stores within 24 hours. This remarkable achievement underscores the brand’s commitment to enhancing its presence in the state and bringing world-class jewellery closer to its patrons. The new stores are located at: Patrapada, ...

Rourkela, October 18, 2024 (TBB Bureau): TBZ-The Original, India’s prestigious and heritage-rich jewellery brand, has officially opened its doors in Rourkela, marking its first store in the Steel Capital of Odisha and its second in the state. The new store, located in Uditnagar, brings the brand’s celebrated legacy of 160 years, established in 1864 in Mumbai’s Zaveri Bazar, to the ...

Mumbai, October 17, 2024 (TBB Bureau): In a significant move to bolster its presence in the South Asian market, Reliance Brands Holding UK Limited (RBL UK), a wholly-owned subsidiary of Reliance Brands Limited, has announced a joint venture with Mothercare Global Brand Limited. This new entity will own the Mothercare brand and its intellectual property across India and neighboring regions, ...

New Delhi, October 17, 2024 (TBB Bureau): India is on course to becoming a global biomanufacturing hub driven by cutting-edge science and technology, Union Minister of State for Science and Technology, Dr. Jitendra Singh, sai on thursday. Addressing the Golden Jubilee celebrations and Milestone Observation Program at the CSIR-NIIST campus in Thiruvananthapuram, Dr. Singh emphasized the need for India to ...

New Delhi, October 17, 2024 (TBB Bureau): In a significant policy shift, the Ministry of Railways has announced a reduction in the Advance Reservation Period (ARP) for train tickets from 120 days to 60 days, effective from November 1, 2024. This change, aimed at improving ticket availability for genuine travellers and reducing the rate of cancellations and no-shows, excludes the ...

Bhubaneswar, October 17, 2024 (TBB Bureau): The Ministry of Education has launched the fifth phase of Yuva Sangam, an inspiring initiative under the Ek Bharat Shreshtha Bharat (EBSB) programme. This unique programme offers youth across India the opportunity to represent their respective states or Union Territories, fostering a deeper understanding of India’s cultural and regional diversity. Interested candidates, aged 18-30, ...