The Business Bytes

DELHI-NCR, MAY 28, 2024 (TBB BUREAU): The World University of Design (WUD) recently concluded its Annual Graduate Show, “Made in WUD,” a spectacular event that showcased the exceptional talent and creativity of its graduating students. Held over four days at the Sonipat campus, the event was a resounding success, attracting a diverse audience, including industry professionals, design enthusiasts, and the ...

NEW DELHI, MAY 28, 2024 (TBB BUREAU): US-based Novelis Inc., a subsidiary of Hindalco Industries, is set to launch an initial public offering (IPO) to raise up to USD 945 million, with an estimated equity valuation of up to USD 12.6 billion. In this public issue, approximately 45 million shares will be sold by Novelis Inc.’s sole shareholder, A V ...

Jharsuguda, May 28, 2024 (TBB Bureau): Vedanta Aluminium, India’s largest producer of aluminium, recently organized an engaging and insightful session with MV Murali Krishna, the esteemed coach of the India Para Badminton Team. The event, aimed at promoting grassroots sports and leveraging sports for community development, took place at Vedanta’s state-of-the-art township in Jharsuguda. The session featured basic badminton training ...

Bengaluru, May 28, 2024 (TBB Bureau): Amazon continues to make significant strides in empowering communities through a variety of impactful initiatives, positively impacting more than 7.8 million people nationwide. By leveraging its vast resources and innovative capabilities, Amazon focuses on providing essential education and skills training to underserved populations. One of the cornerstone programs, Amazon Future Engineer, aims to bridge ...

Ahmedabad, May 28, 2024 (TBB Bureau): Franklin Industries Ltd, a leading player in the trading of agricultural commodities and contract farming services based in Gujarat, has announced the opening of its Rs. 38.83 crore Rights issue on May 24, 2024. The funds garnered through this issue, aimed at bolstering the company’s expansion endeavours, will primarily be allocated towards fulfilling working ...

BHUBANESWAR, MAY 28, 2024 (TBB BUREAU): Parmeshwar Funkwal, an alumnus of IIT Kanpur and a seasoned officer from the 1988 batch of the Indian Railway Service of Engineers (IRSE), has assumed the role of General Manager for the East Coast Railway (ECoR). With an impressive career spanning decades, Funkwal has held key positions including DRM-Rajkot, ADRM-Ahmedabad, Chairman-RRB, and Executive Director-RDSO. ...

Gurugram, May 28, 2024 (TBB Bureau): Ecom Express Limited, a technology-driven end-to-end logistics solutions provider, and Skye Air, specializing in drone technology, announce a strategic partnership aimed at disrupting last-mile delivery solutions. This collaboration represents a significant step forward in the logistics industry, combining Ecom Express’ network and automation expertise with Skye Air’s cutting-edge drone delivery technology. Driven by a ...

BHUBANESWAR, MAY 27, 2024 (TBB BUREAU): , a Navratna CPSE, has emerged as a beacon of success in the fiscal year 2024 (FY24), defying market odds andNational Aluminium Company Limited (NALCO) registering remarkable achievements in production and sales. In the Board of Directors meeting held on Monday, NALCO unveiled its stellar financial results, showcasing a net profit surge of 34 ...

Rayagada, May 27, 2024 (TBB Bureau): Vedanta Aluminium, India’s largest aluminium producer, has expanded its Mobile Health Unit (MHU) services to the rural areas surrounding the Sijimali mines in Rayagada and Kalahandi districts of Odisha. This initiative aims to provide essential and quality healthcare services at the doorstep of communities, improving healthcare access in remote villages. The MHU services will ...

BERHAMPUR, MAY 27, 2024 (TBB BUREAU): TP Southern Odisha Distribution Limited (TPSODL) is enhancing its safety awareness initiatives by organizing over 140 Nukkad Nataks (street plays) throughout southern Odisha during the current fiscal year. By May 2024, TPSODL had successfully conducted 61 street plays, reaching approximately 25,000 people across 61 villages and gram panchayats. This ongoing initiative, which began last ...