The Business Bytes

Bhubaneswar, November 2, 2024 (TBB Bureau): In a significant initiative aimed at supporting the economically disadvantaged residents of its surrounding areas, GMR Kamalanga Energy Limited (GKEL), based in Kamalanga Village under Odapada Block, organized a community event, “Joy of Giving” or Daan Utsav, on Friday. Held at the company’s community hall, the event distributed livelihood aids to over 300 families ...

Bhubaneswar, November 2, 2024 (TBB Bureau):  In a significant achievement for Tata Power, the company recorded reduced distribution losses in its Odisha power distribution business during the first half (H1) of the current financial year (FY25). The reduction in Aggregate Technical and Commercial (AT&C) losses, a critical measure of operational efficiency, highlights Tata Power’s successful efforts to streamline power distribution ...

Bhubaneswar, November 1, 2024 (TBB Bureau): TP Central Odisha Distribution Limited (TPCODL), a joint venture of Tata Power and the Government of Odisha, on Friday announced its achievement of first rank in Performance Improvement at the prestigious Innovation with Impact Awards for Discoms 2024, organized by the Indian Chamber of Commerce (ICC). TPCODL also secured the second overall rank in ...

Bhubaneswar, November 1, 2024 (TBB Bureau): A Felicitation Ceremony was held on Sunday to honor twelve students from KISS who successfully passed the Odisha Civil Services (OCS) Examination this year. Bishnupada Sethi, Principal Secretary to the Government for ST & SC Development, Minorities & Backward Classes, SSEPD, and the Odia Language, Literature & Culture Department, served as the chief guest. ...

New Delhi, November 1, 2024 (TBB Bureau): Honda Cars India Ltd. (HCIL), a leading manufacturer of premium cars in India, reported total sales of 10,080 units in October 2024. This includes domestic sales of 5,546 units and exports of 4,534 units for the month. Commenting on the sales performance, Kunal Behl, Vice President of Marketing & Sales at Honda Cars ...

Dhamra, November 30, 2024 (TBB Bureau): Dhamra Port Company Limited (DPCL) has set a new benchmark in its operations by achieving a record-breaking milestone in steel coil loading. Over the past 24 hours, the port successfully loaded an impressive 20,586 MT of HR Coils onto BB-3, surpassing all previous records. This feat eclipses the port’s earlier milestones of 17,316 MT ...

Mumbai, November 1, 2024 (TBB Bureau): Capri Global Capital Ltd. (CGCL), a prominent non-deposit-taking and systemically important NBFC, showcased a robust financial performance for the quarter ended September 30, 2024. The company reported continued growth across its portfolio, strengthened profitability, and improvements in cost efficiency, asset quality, and capital adequacy. CGCL’s consolidated AUM reached ₹19,250 crore, marking a 56% increase ...

New Delhi, November 1, 2024 (TBB Bureau): SANY India has marked a major milestone in its expansion into India’s renewable energy sector with its wind energy division, SANY Wind Energy India Pvt Ltd. In a strategic move, SANY has secured wind turbine sales agreements totaling 1.6 GW, including a 1,324 MW deal with three subsidiaries of the JSW Group and ...

Pune, November 1, 2024 (TBB Bureau): The Association of Indian Forging Industry (AIFI), the apex body representing the Indian forging sector, recently hosted a special session in Pune on “Innovative Technology Solutions and Skill Development.” The event aimed to address the industry’s evolving needs by bringing together leaders, experts, and stakeholders to discuss advancements in technology and strategies for workforce ...

Hyderabad, November 1, 2024 (TBB Bureau): 3F Oil Palm Pvt Ltd has further expanded its footprint in Karnataka by signing a Memorandum of Understanding (MoU) with the Karnataka Department of Horticulture to promote sustainable agriculture and support local farming communities. The MoU, signed in the presence of Mr. Prakash M. Sabarad, Additional Director of Horticulture, Government of Karnataka, aims to ...