The Business Bytes

Bhubaneswar, October 17, 2024 (TBB Bureau): The Micro, Small, and Medium Enterprises (MSME) sector in Odisha is undergoing a dynamic digital revolution, propelled by the Confederation of Indian Industry’s (CII) groundbreaking Digital Saksham program. Supported by Mastercard, this innovative initiative is empowering micro enterprises across 13 states and over 55 industrial clusters, bridging the gap between traditional business models and ...

Bhubaneswar, October 17, 2024 (TBB Bureau): The evolution of anaesthesia over the centuries has not only advanced patient safety but also dispelled many myths surrounding its use. Marking Anaesthesia Day on October 16, Dr. Amrita Panda, Head of the Department of Anaesthesiology at KIMS, highlighted the significant progress in the field and the modern safeguards in place to ensure safe ...

Mumbai, October 17, 2024 (TBB Bureau):  Secondary long-steel producers are set to witness a 7 per cent rise in revenue this fiscal, up from 4 per cent in the previous year, driven by strong domestic demand fueled by central government expenditure on housing and infrastructure projects. According to CRISIL Ratings, this growth is backed by improved operating leverage and declining ...

New Delhi, October 17, 2024 (TBB Bureau):  Maruti Suzuki India Limited (MSIL) has achieved a significant milestone, crossing the 1 crore cumulative production mark at its Manesar facility in Haryana. The company announced on Thursday that this accomplishment makes the Manesar plant the fastest among Suzuki’s global manufacturing units to achieve this feat, doing so in just 18 years. Hisashi ...

New Delhi, October 17, 2024 (TBB Bureau):  India is poised to become the fastest-growing major economy over the next three years and is projected to rank as the third-largest economy globally by 2030, according to a recent report from S&P Global. The report highlights that emerging markets, particularly in the Asia-Pacific region, will play a pivotal role in shaping the ...

Lanjigarh, October 16, 2024 (TBB Bureau): In a testament to the power of rural talent and corporate support, two young archers from Kalahandi, Khirod Kumar and Omkar Majhi, clinched gold and silver medals respectively at the prestigious CBSE Archery Championship 2024, held in Raipur. Both athletes, trained under the Vedanta Sports Initiative, demonstrated exceptional skill, securing top honors among over ...

Bhubaneswar, October 15, 2024 (TBB Bureau): The prestigious Dalmia School Meet 2024, a vibrant and competitive gathering of over 300 students from seven Dalmia schools across India, successfully concluded at Dalmiapuram, Tamil Nadu. The event witnessed enthusiastic participation from students representing schools in Rajasthan, Odisha, Gujarat, Tamil Nadu, Bihar, Meghalaya, and Andhra Pradesh, showcasing a perfect blend of athletic prowess ...

New Delhi, October 15, 2024 (TBB Bureau): Vedanta Limited today unveiled the official lineup for the Kalinga Lancers as the highly anticipated Hockey India League (HIL) 2024 returns after a seven-year hiatus. Following their dominant performance in the player auction, Vedanta has successfully assembled a formidable team, blending emerging talent and seasoned veterans to position the Kalinga Lancers as strong ...

Sundargarh, October 15, 2024 (TBB Bureau): Vedanta Aluminium, India’s largest aluminium producer, played a key role in fostering the latent talents of rural students by supporting the “Suravi Children’s Festival,” a state-level platform aimed at nurturing young minds from local communities. The festival, held at Girisma Upper Primary School, witnessed enthusiastic participation from students representing 186 schools across 18 gram ...

Mumbai, October 14, 2024 (TBB Bureau): Jio Platforms, the digital and telecom arm of Reliance Industries, posted a robust 23.4% year-on-year increase in consolidated net profit for Q2 FY25, reaching Rs 6,539 crore. The significant growth was driven by a surge in average revenue per user (ARPU), which climbed to Rs 195.1 per month. The company’s revenue from operations also ...