The Business Bytes

JODA, JUNE 15, 2024 (TBB BUREAU): Wushu athletes hailing from the Jindal Sports Hostel in Barbil, situated in the tribal heartland of Odisha, have attained remarkable success by securing four gold medals and one bronze medal at the esteemed Khelo India Zonal Women’s Wushu League, held in Bagalkot, Karnataka from June 10 to 13, 2024. Established and overseen by the ...

BHUBANESWAR, JUNE 15, 2024 (TBB BUREAU):  SiCSem Private Limited and the Indian Institute of Technology Bhubaneswar (IIT Bhubaneswar) have entered into an agreement aimed at pioneering research in Compound Semiconductors. The partnership’s inaugural project will focus on indigenous Silicon Carbide (SiC) crystal growth, with an estimated investment of Rs. 45 crore. This initiative aims to establish high-volume production capabilities for ...

BHUBANESWAR, JUNE 14, 2024 (TBB BUREAU): Adani Dhamra Port Company Limited (DPCL) has welcomed Ashish Dash as its new Head of Corporate Affairs. Dash brings a wealth of experience to his new role, having previously served at JSW Steel Limited. Dash’s professional journey commenced as an Odisha Administrative Service officer in 1999, stationed initially at Bhadrak. Over the past twenty-five ...

NEW DELHI, JUNE 14, 2024 (TBB BUREAU): Despite a widening trade deficit reaching a seven-month peak of USD 23.78 billion in May, India’s merchandise exports demonstrated resilience, marking a significant 9.1% increase to USD 38.13 billion, as per official government data. This robust export performance was underpinned by notable growth across key sectors such as engineering, electronics, pharmaceuticals, textiles, and ...

MUMBAI, JUNE 14, 2024 (TBB BUREAU):  The Sensex and Nifty, leading benchmarks in equity indices, surged to fresh closing lifetime highs fueled by robust buying in blue-chip giants like HDFC Bank, Reliance Industries, and Mahindra & Mahindra, buoyed further by positive export figures. The market witnessed a steady uptick for the third consecutive session, with the 30-share BSE Sensex scaling ...

Bhubaneswar, June 13, 2024 (TBB Bureau): TP Central Odisha Distribution Limited (TPCODL), a collaboration between Tata Power and the Government of Odisha, successfully organized a Total Quality Management (TQM) Workshop at the Management Development Centre in Bhubaneswar on May 29, 2024. TQM encompasses systematic activities undertaken by organizations to achieve objectives effectively and efficiently, ensuring that products and services meet ...

Bhubaneswar, June 12, 2024 (TBB Bureau):  Four-time MLA and tribal leader from Keonjhar district, Mohan Charan Majhi, was sworn in as the first BJP Chief Minister of Odisha on Wednesday. The ceremony, held at Janata Maidan, was attended by Prime Minister Narendra Modi, several Union ministers, and chief ministers. Senior BJP leader and Patnagarh MLA KV Singh Deo, along with ...

Mumbai, June 12, 2024 (TBB Bureau):  Benchmark equity indices closed higher on Wednesday, with the Nifty reaching a new record closing level. This rise was primarily driven by buying in power, capital goods, and industrial stocks, supported by a generally positive trend in global equities. Select index-heavyweight counters such as HDFC Bank and Reliance Industries also contributed to the positive ...

Bangalore, June 11, 2024 (TBB Bureau):  Acer, one of the leading brands in the PC industry, today launched the ALG Gaming Laptop. Powered by 12th Gen Intel Core i5 Processors and NVIDIA GeForce RTX, this gaming laptop offers users 4GB GDDR6 video RAM for the 2050 graphics and 6GB GDDR6 video RAM for the 3050 graphics, ensuring unparalleled visual performance. ...

Bhadrak, June 11, 2024 (TBB Bureau): In a landmark move towards fostering inclusivity and diversity in the workplace, Ferro Alloys Corporation Ltd. (FACOR), a leading player in the ferro alloys industry, has committed to actively hiring talented transgender individuals. With support from senior management and members of the National Council for Transgender Persons and the Transgender Welfare Board, FACOR has ...