The Business Bytes

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 ...

New Delhi, October 14, 2024 (TBB Bureau): Vedanta Limited has appointed David John as Strategy Director and Dr. A.B. Subbaiah as Team Manager for the Kalinga Lancers, ahead of the highly anticipated return of the Hockey India League (HIL) in 2024, following a seven-year hiatus. These strategic appointments reflect Vedanta’s commitment to building a top-performing team, poised to excel in ...

Jharsuguda, October 14, 2024 (TBB Bureau): Vedanta Jharsuguda marked the festival of Dussehra with grandeur and a deep sense of community, embracing the festival’s core message of the triumph of good over evil. The multi-day celebration brought together employees and their families to participate in traditional rituals, cultural performances, and community-building activities, fostering a spirit of unity and shared joy. ...

Mumbai, October 14, 2024 (TBB Bureau): According to a recent analysis by CRISIL Ratings, India’s cement demand is projected to grow at a moderate pace of 7-8% year-on-year, reaching approximately 475 million tonnes (MT) this fiscal year. This follows a robust compound annual growth rate (CAGR) of 11% from fiscal years 2022 to 2024. Despite the slowdown, the operating profitability ...

Bhubaneswar, October 11, 2024 (TBB Bureau): Utkal Alumina International Ltd. (UAIL), an Aditya Birla Group company, has launched an ambitious initiative, Project URMI, aimed at transforming healthcare access and outcomes for thousands of residents in the Kashipur Block of Rayagada district and the Thuamul Rampur Block in Kalahandi districk of Odisha. Over the next three years, the project is set ...

Mumbai, October 10, 2024 (TBB Bureau):  Mayukh Dealtrade Limited, a BSE-listed company engaged in the manufacturing of industrial burners, has announced plans to raise up to Rs. 49 crore through a rights issue of equity shares. The proposal, approved by the Board of Directors on August 30, 2024, is aimed at enhancing the company’s growth trajectory. The funds will be ...

New Delhi, October 10, 2024 (TBB Bureau): Vedanta Aluminium, India’s largest aluminium producer, has achieved a significant milestone by becoming the first Indian smelter to integrate with the London Metal Exchange (LME) Passport platform. This landmark achievement positions Vedanta Aluminium as one of only five primary aluminium producers globally to digitally connect its metal quality analysis system with the LME ...