The Business Bytes

BHUBANESWAR, JUNE 20, 2024 (TBB BUREAU): Odisha’s Deputy Chief Minister, Kanak Vardhan Singhdeo, has been designated to participate in the upcoming pre-Budget and GST Council meetings organised by the Union Finance Ministry in New Delhi. According to a press release from the Chief Minister’s Office (CMO) on Thursday, the Central government’s Finance Ministry will convene a gathering of finance ministers ...

BERHAMPUR, JUNE 20, 2024 (TBB BUREAU):  As part of the ongoing Tata Sustainability Month, TP Southern Odisha Distribution Limited (TPSODL) organised an enlightening session on the ‘Sustainable Use of Marine Biodiversity’ at the TPSODL Corporate Office in Berhampur. The event saw participation from TPSODL employees and senior officials across TPSODL. The session was presented by Anil Mohapatra, senior scientist at ...

BHUBANESWAR, JUN 20, 2024 (TBB BUREAU):  Reliance Jio has solidified its position as the leading digital service provider in Odisha, with substantial new customer additions across both wireless and wireline segments. According to the latest telecom subscription data released by TRAI, Reliance Jio added an impressive 1.13 lakh new mobile subscribers in Odisha during April 2024, while its closest competitor, ...

BHUBANESWAR, JUNE 20, 2024 (TBB BUREAU): Ankura Hospital in Bhubaneswar has inaugurated a cutting-edge Centre of Excellence dedicated to advanced gynaecological care, specializing in endometriosis and laparoscopic surgeries. Led by Dr. GSS Mohapatra, Director of Advanced Laparoscopy & Endometriosis at Ankura Women & Child Care Hospital, the new facility aims to provide top-notch medical services equipped with the latest technology ...

Bamnipal, June 20, 2024 (TBB Bureau): A collaborative effort between Tata Steel Foundation (TSF) and Indian Farmers Fertilizer Cooperative Limited (IFFCO) bore fruit as a two-day ‘Soil Testing Programme’ concluded at the Bamnipal Housing Complex of Tata Steel on Wednesday. The event, held in conjunction with the ‘World Day to Combat Desertification and Drought’ celebrations, aimed to enlighten farmers about ...

New Delhi, June 20, 2024 (TBB Bureau): Bhavish Aggarwal-led Ola Electric has received approval from the Securities and Exchange Board of India (SEBI) for its much-anticipated initial public offering (IPO), marking a significant milestone as the first electric vehicle (EV) startup in the country to do so. The IPO, as outlined in the draft red herring prospectus, comprises a fresh ...

New Delhi, June 20, 2024 (TBB Bureau): India has firmly established itself as a key player in the global deeptech landscape, now ranking sixth among the top nine ecosystems worldwide, boasting a vibrant community of 3,600 deeptech startups. These startups attracted a significant investment of $850 million in funding last year, as highlighted in a recent report by Nasscom. The ...

NEW DELHI, JUNE 20, 2024 (TBB BUREAU): The Employees’ Provident Fund Organisation (EPFO) has announced its provisional payroll data for April 2024 on Thursday, showcasing remarkable growth in net member additions. With 18.92 lakh new members, this surge marks the highest monthly increase since the inception of payroll data in April 2018. A notable 31.29% rise has been recorded compared ...

New Delhi, June 20, 2024 (TBB Bureau): Union Minister for Coal and Mines, G. Kishan Reddy, on Thursday convened a high-level meeting with key officials of the Coal Ministry to conduct a comprehensive review of the management of captive and commercial coal blocks. Emphasizing the paramount importance of collaborative efforts, Minister Reddy underscored the need for close coordination with all ...

Mumbai, June 20, 2024 (TBB Bureau):  Indel Money, the flagship non-banking finance company (NBFC) under Indel Corporation, has reported a substantial increase in its financial performance for the fiscal year 2023-24 (FY24). The company announced a profit of Rs 55.75 crore, marking a significant 91% rise from the Rs 29.19 crore recorded in FY23. Total revenue from operations surged by ...