The Business Bytes

THEBUSINESSBYTES BUREAU NEW DELHI, FEBRUARY 28, 2025 Dalmia Bharat Limited, one of India’s leading cement manufacturers, has announced a major investment of ₹3,520 crore to enhance its production capacity in Maharashtra and Karnataka. This strategic expansion, undertaken through its subsidiaries, includes the establishment of a 3.6 MnTPA clinker unit and a 3 MnTPA grinding unit at its existing Belgaum plant ...

THEBUSINESSBYTES BUREAU JHARSUGUDA, FEBRUARY 28, 2025 Vedanta Aluminium, India’s largest producer of aluminium, has launched the Vedanta Martial Arts Training Centre, a pioneering initiative aimed at empowering the youth of Jharsuguda through structured martial arts training. The initiative seeks to equip young individuals with essential self-defence skills, discipline, and the opportunity to compete at national and international levels, fostering a ...

THEBUSINESSBYTES BUREAU MUMBAI, FEBRUARY 28, 2025 The Board of Directors of Blackstone-backed International Gemmological Institute (IGI), a global leader in grading and accreditation services, has announced impressive financial results for Calendar Year 2024 (CY24). The company recorded a 17 per cent increase in consolidated revenue, reaching Rs. 10,531.6 million, along with a 29 per cent growth in Profit After Tax ...

THEBUSINESSBYTES BUREAU NEW DELHI, FEBRUARY 28, 2025 India’s economic growth gained momentum in the third quarter of 2024-25, with GDP expanding at 6.2 per cent, up from a revised 5.6 per cent in the previous quarter. The acceleration was driven by a surge in rural consumption, supported by a favorable monsoon, and a sharp rise in government spending on infrastructure ...

THEBUSINESSBYTES BUREAU LANJIGARH, FEBRUARY 28, 2025 Vedanta Lanjigarh, a subsidiary of Vedanta Aluminium and India’s leading producer of smelter-grade alumina, is driving transformative change in Kalahandi’s tribal belt through its Skill Development Programmes (SDP). By focusing on enhancing the employability of rural youth, the programme is not only elevating individual careers but also catalyzing socio-economic change in the region. The ...

THEBUSINESSBYTES BUREAU NEW DELHI, FEBRUARY 28, 2025 In a significant boost to coal logistics, the Ministry of Coal has successfully expanded the Rail-Sea-Rail (RSR) mode of transportation, nearly doubling its coal movement from 28 million tonnes (MT) in FY22 to 54 MT in FY24. This achievement underscores the government’s commitment to enhancing multi-modal transport solutions for improved logistical efficiency and ...

THEBUSINESSBYTES BUREAU AHMEDABAD, FEBRUARY 28, 2025 Design is more than just aesthetics; it is an innovation that shapes India’s legacy and drives its future development. This was the core message delivered by Union Minister of Commerce & Industry Piyush Goyal during the 44th Convocation Ceremony of the National Institute of Design (NID) on Thursday. Addressing the graduating students, he emphasized ...

The Mahakumbh has successfully concluded in the holy city of Prayagraj. A grand Mahayajna of Unity has been completed. When the consciousness of a nation awakens, when it breaks free from the shackles of a centuries-old mindset of subjugation, it breathes freely in the fresh air of renewed energy. The result of this was witnessed at the Ekta Ka Mahakumbh ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, FEBRUARY 27, 2025 KIIT-DU, one of Odisha’s prominent educational institutions, has taken a series of steps to ensure normalcy on campus. The university administration has implemented measures aimed at maintaining student safety, addressing concerns, and ensuring uninterrupted academic activities. KIIT set up a 24/7 control room to support its Nepali student community, in response to the situation. ...

THEBUSINESSBYTES BUREAU BHUBANESWAR, FEBRUARY 27, 2025 With Odisha gaining national and international recognition in the mining sector, the state is poised to become a key player in India’s economic growth. Tapan Kumar Chand, former CMD of NALCO and an eminent industry expert, emphasized the sector’s potential, saying, “Mining could be Odisha’s gateway to a prosperous future. With rising global demand ...