The Business Bytes

Paris, July 26, 2024 (TBB Bureau): Heartfulness and Reliance Foundation have partnered to host a groundbreaking athlete-centric meditation program at the India House, Parc de la Villette, Paris, during the 2024 Paris Olympics. The event will be inaugurated by the Guest of Honour, Ms. Alexandra de Coubertin, President of the Pierre de Coubertin Association and a member of the IOC ...

BHUBANESWAR, JULY 26, 2024 (TBB BUREAU):  Aakash Educational Services Limited (AESL) commemorated 15 years of its flagship scholarship exam, ANTHE, by unveiling the highly anticipated ANTHE 2024 edition on Friday. Offering students from Class VII to XII the opportunity to secure up to 100% scholarships and substantial cash awards, ANTHE aims to empower young minds pursuing careers in medicine or ...

BHUBANESWAR, JULY 26, 2024 (TBB BUREAU): The Confederation of Indian Industry (CII) successfully hosted the Logistics Colloquium 2024 in Bhubaneswar on Friday, focusing on “Transforming Logistics in Eastern India: Bridging Gaps and Building Futures.” This two-day event brought together industry leaders, government officials, and stakeholders to discuss the crucial role logistics play in regional development and to address the challenges ...

Bhubaneswar, July 25, 2024 (TBB Bureau): The Odisha government tabled a comprehensive budget of Rs 2.65 lakh crore for the fiscal year 2024-25 in the state assembly on Thursday, emphasizing substantial investments in agriculture and irrigation. This budget marks a 15 per cent increase from the previous year’s budgetary estimate of Rs 2.30 lakh crore for 2023-24, as announced by ...

New Delhi, July 25, 2024 (TBB Bureau): TP Renewable Microgrid (TPRMG), India’s leading solar microgrid company and a wholly owned subsidiary of Tata Power, has signed a Memorandum of Understanding (MoU) with the National Dairy Development Board (NDDB) to integrate renewable energy technologies into the dairy value chain. This collaboration marks a significant step towards sustainability in the dairy sector, ...

Mumbai, July 25, 2024 (TBB Bureau): Hindustan Zinc Limited, India’s largest and the world’s second-largest integrated zinc producer, on Thursday unveiled EcoZen, its groundbreaking low-carbon ‘green’ zinc brand. As the world’s most sustainable metals and mining company according to the S&P Global Corporate Sustainability Assessment (CSA), Hindustan Zinc has launched Asia’s first low-carbon zinc offering, providing a sustainable alternative to ...

Bhubaneswar, July 24, 2024 (TBB Bureau): Odisha’s economy has demonstrated significant progress, with an impressive growth rate of 8.5 per cent for the 2023-24 financial year, according to the latest Economic Survey report tabled in the state assembly on Wednesday. This marks a notable increase from the 7.9 per cent growth achieved in the previous fiscal year. The survey highlights ...

Bhubaneswar, July 24, 2024 (TBB Bureau): Hindalco Industries Ltd, the metal flagship company of the Aditya Birla Group, is set to significantly contribute to the industrial development of Odisha with a planned investment of over Rs. 25,000 crore. This ambitious investment strategy was revealed during a meeting between Hindalco’s Odisha President, Ardhendu Mohapatra, and Odisha’s Deputy Chief Minister, KV Singhdeo, ...

New Delhi, July 24, 2024 (TBB Bureau): Bajaj Finserv Ltd (BFL) on Wednesday announced a 10% increase in consolidated net profit, reaching Rs 2,138 crore for the first quarter ending June 2024. This is an improvement from the Rs 1,943 crore profit reported in the same period last year. According to a regulatory filing, the company’s total income for the ...

New Delhi, July 24, 2024 (TBB Bureau): Axis Bank, a leading private sector lender, reported a 4% increase in net profit for the quarter ending June 2024, reaching Rs 6,035 crore, driven primarily by higher interest income. In the corresponding quarter of the previous fiscal year (April-June 2023-24), the bank had recorded a standalone net profit of Rs 5,797 crore. ...