The Business Bytes

Mumbai, October 17, 2024 (TBB Bureau): In a significant move to bolster its presence in the South Asian market, Reliance Brands Holding UK Limited (RBL UK), a wholly-owned subsidiary of Reliance Brands Limited, has announced a joint venture with Mothercare Global Brand Limited. This new entity will own the Mothercare brand and its intellectual property across India and neighboring regions, ...

New Delhi, October 17, 2024 (TBB Bureau): India is on course to becoming a global biomanufacturing hub driven by cutting-edge science and technology, Union Minister of State for Science and Technology, Dr. Jitendra Singh, sai on thursday. Addressing the Golden Jubilee celebrations and Milestone Observation Program at the CSIR-NIIST campus in Thiruvananthapuram, Dr. Singh emphasized the need for India to ...

New Delhi, October 17, 2024 (TBB Bureau): In a significant policy shift, the Ministry of Railways has announced a reduction in the Advance Reservation Period (ARP) for train tickets from 120 days to 60 days, effective from November 1, 2024. This change, aimed at improving ticket availability for genuine travellers and reducing the rate of cancellations and no-shows, excludes the ...

Bhubaneswar, October 17, 2024 (TBB Bureau): The Ministry of Education has launched the fifth phase of Yuva Sangam, an inspiring initiative under the Ek Bharat Shreshtha Bharat (EBSB) programme. This unique programme offers youth across India the opportunity to represent their respective states or Union Territories, fostering a deeper understanding of India’s cultural and regional diversity. Interested candidates, aged 18-30, ...

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 ...