The Business Bytes

Mumbai, November 18, 2024 (TBB Bureau): UTI Asset Management Company (UTI AMC), a pioneer in India’s mutual fund industry, has announced the inauguration of three new UTI Financial Centres (UFCs) in Odisha, located in Mayurbhanj, Kendujhar, and Bhadrak. These centres are part of UTI’s strategic plan to enhance its presence in underserved regions and bring financial solutions closer to investors ...

Bhubaneswar, November 18, 2024 (TBB Bureau): Tata Steel Kalinganagar (TSK), celebrating nine years of operations, has become a symbol of industrial excellence and community empowerment in Odisha. Since its inception, the state-of-the-art steel plant has played a pivotal role in transforming Odisha’s industrial landscape, while fostering inclusive socio-economic growth and championing sustainable practices. Tata Steel Kalinganagar is much more than ...

Kerala/Pune, November 18, 2024 (TBB Bureau): In a groundbreaking discovery, a collaborative research team from MIT World Peace University (MIT-WPU), Pune, and Christ College, Kerala, has identified a new damselfly species in the pristine landscapes of the Western Ghats. The species, named the Agasthyamalai Bambootail, was discovered in Manjadininnavila, near the Peppara Wildlife Sanctuary in Kerala’s Thiruvananthapuram district. Scientifically christened ...

Bhubaneswar, November 17, 2024 (TBB Bureau): Dr. Achyuta Samanta, Founder of KIIT and KISS, has been conferred with the prestigious FIVB Grand Cross Award, the highest honour from the International Volleyball Federation (FIVB). He received the award during the 39th FIVB World Congress, a three-day event held in Porto, Portugal, from November 15 to 17. This recognition acknowledges Dr. Samanta’s ...

Koida, November 17, 2024 (TBB Bureau): A workshop on ‘Safe Storage, Transportation, Handling, and Usage of Explosives in Mines’ was successfully organized at the TRB Iron Ore Mines of Jindal Steel & Power (JSP) in Tensa. The event, held under the aegis of the Directorate General of Mines Safety (DGMS), Bhubaneswar Region-II, witnessed robust participation from across the mining sector. ...

Mumbai, November 18, 2024 (TBB Bureau): Union Bank of India, one of the nation’s premier public sector banks, has been ranked as the 2nd Best Bank in the EASE 7.0 Reforms Index for the first quarter of the financial year 2024-25. This recognition highlights the bank’s consistent efforts in delivering excellence and driving progress in the public sector banking space. ...

Rourkela, November 17, 2024 (TBB Bureau): In a significant milestone for Rourkela Steel Plant (RSP), the newly rebuilt Coke Oven Battery No. 2 was inaugurated on Friday, marking a major achievement in the plant’s ongoing modernization efforts. The inauguration ceremony was attended by Atanu Bhowmick, Director In-Charge of RSP, who officially unveiled the state-of-the-art facility. The event saw participation from ...

Rajgangpur, November 16, 2024 (TBB Bureau): The Annual Science Exhibition at Dalmia Vidya Mandir (DVM), Rajgangpur, turned into a grand celebration of innovation and creativity as students from Classes I to XII showcased an array of captivating projects. The event, held on the school premises, demonstrated the students’ prowess in science, social science, literature, art, and even culinary skills through ...

Jharsuguda, November 15, 2024 (TBB Bureau): On the occasion of Children’s Day on Thursday, the Anil Agarwal Foundation, Vedanta Group’s philanthropic arm, took a monumental step in community development by signing a Memorandum of Understanding (MoU) with the District Social Welfare Office (DSWO) to revamp 500 Anganwadi centers in Jharsuguda district into state-of-the-art ‘Nand Ghars’  – modernized Anganwadi centres that ...

Paradip, November 15, 2024 (TBB Bureau): Odisha Chief Minister Mohan Chandra Majhi on Friday emphasized the need to explore the rich historical, spiritual, and mythological aspects of Paradip Port, which has emerged as a leading industrial hub today. While Paradip Port is recognized as one of the top ports globally, the Chief Minister underlined that an in-depth investigation into its ...