The Business Bytes

BONGAIGAON, MAY 14, 2024 (TBB BUREAU): NTPC Bongaigaon, in collaboration with the Employee Welfare Association, rejoiced in the festivities of Bohagi Utsav on Sunday, marking the culmination of the Assamese New Year celebrations that commenced on April 12, 2024. The colourful and lively event, a testament to the power station’s commitment to employee welfare, saw enthusiastic participation from employees, their ...

BHUBANESWAR, MAY 13, 2024 (TBB BUREAU): KiiT International School has set a high benchmark in academic excellence in both Class X and Class XII CBSE Board examinations, the results of which were declared on Monday. The school reported a 100 percent first division in both classes, with a significant number of students achieving top scores. In an impressive display of ...

Rethinking Mother’s Day in a Commercialized World By Priyabrat Biswal Amidst the flurry of Mother’s Day messages adorning today’s newspapers, I couldn’t help but ponder: is this flurry of sentiments truly the best and only way to honour our mothers? It seemed to me that beneath the surface of these well-intentioned tributes lay a subtle desire for recognition, akin to ...

Mumbai, May 10, 2024 (TBB Bureau): In a resounding testament to its financial prowess, Bank of Baroda (BoB) on Friday unveiled its financial report for FY2023-24 (FY24), showcasing a remarkable 26.1 per cent surge in net profit to an impressive Rs 17,789 crore. The bank’s fourth-quarter standalone net profit stood at Rs 4,886 crore, a testament to its resilience amidst ...

Jamkhani (Odisha), May 9, 2024 (TBB Bureau): In a significant stride towards sustainable community development, Vedanta Aluminium, India’s largest aluminium producer, has illuminated the remote villages of Jamkhani, Girisma, Munderkhet, Jharpalam, and Hemgir in the Sundargarh district of Odisha. The installation of 100 solar-powered streetlights along a 6-Km stretch underscores Vedanta’s commitment to fostering eco-friendly solutions and enhancing the quality ...

New Delhi, May 09, 2024 (TBB Bureau): India’s Technical Textiles market has a huge potential backed by a significant growth rate of 10% and placement as the 5th largest technical textiles market in the world, said Rachna Shah, Secretary, Ministry of Textiles while addressing a  national symposium on “Advancements in Composites, Speciality Fibres and Chemicals” in New Delhi on Thursday. ...

Bhubaneswar, May 09, 2024 (TBB Bureau): Dabur Glucose on Thursday launched its ‘Energize India’ campaign aimed at fostering young athletic talent and raising awareness about the significance of energy and stamina among budding athletes in prominent sports academies across India. In a significant stride towards this initiative, a special awareness session on energy and stamina management was conducted at the ...

New Delhi, May 09, 2024 (TBB Bureau): Indian Renewable Energy Development Agency Ltd. (IREDA) has made a significant stride in its commitment to fostering green financing with the incorporation of a wholly owned subsidiary in the International Financial Services Centre (IFSC) situated in Gujarat International Finance Tec-City (GIFT City), Gujarat. Named “IREDA Global Green Energy Finance IFSC Limited,” the subsidiary ...

New Delhi, May 09, 2024 (TBB Bureau): Public sector lender Punjab National Bank (PNB) on Thursday unveiled its financial performance for the quarter and year ended March 31, 2024, showcasing remarkable growth and profitability. PNB reported a notable surge in net profit, with a staggering year-on-year (YoY) growth of 159.8% and a quarter-on-quarter (QoQ) increase of 35.4% in Q4 of ...

Does profit alone power your company? Today, sustainability is the new currency of business. Purpose is the new passion, and people and planet are just as important as profit. Your company will lack longevity and sustainability if its performance is lacking in non-fiscal metrics like social responsibility and corporate governance. That’s why companies must embrace Corporate Social Accountability (CSA). It’s ...