The Business Bytes

Lanjigarh, May 04, 2024 (TBB Bureau): Vedanta Limited, Lanjigarh, India’s premier producer of smelter grade alumina and a unit of Vedanta Aluminium, recently launched anadvanced Energy Management System across its power plant. This system is poised to revolutionize energy efficiency practices by monitoring 120 critical electrical assets, thereby optimizing energy consumption across the entire plant. The initiative underscores Vedanta’s commitment ...

Bhubaneswar, May 02, 2024 (TBB Bureau): In a remarkable feat of engineering prowess, Tata Power Central Odisha Distribution Limited (TPCODL) has achieved an unprecedented milestone by seamlessly meeting the colossal peak demand of 2140 MW in April 2024, setting a new benchmark for energy distribution in the region. This achievement comes amidst soaring temperatures, with the state capital, Bhubaneswar, experiencing ...

New Delhi, May 02, 2024 (TBB Bureau): The latest data released by the Indian Bureau of Mines (IBM) reveals a significant uptick in the index of mineral production for the mining and quarrying sector in February 2024. Compared to the same period last year, the index stands at 139.6, marking an impressive 8 per cent increase. This surge underscores the ...

Bhubaneswar, May 02, 2024 (TBB Bureau): In a momentous recognition of their triumph in the Indian Women’s League (IWL) 2023-24 season, Odisha FC has received a congratulatory missive from FIFA. The message, penned by FIFA President Gianni Infantino, was directed to Kalyan Chaubey, President of the All India Football Federation (AIFF). The commendation from FIFA arrives in the wake of ...

Mumbai, May 02, 2024 (TBB Bureau): Renowned actor Manoj Bajpayee has teamed up with Nand Ghar, a transformative initiative aimed at revolutionizing 14 lakh anganwadis across India, in unveiling a national movement titled “Agar Bachpan Se Poocha Khaana Khaya, Toh Desh Ka Kal Banaya” (If asked as a child, did you eat? Then you shaped the future of the nation). ...

New Delhi, May 02, 2024 (TBB Bureau): India’s coal production for April 2024 has surged to 78.69 million metric tonnes (MT) (Provisional), marking a significant growth rate of 7.41 per cent compared to the corresponding period in the previous year, which stood at 73.26 MT. This robust growth in coal production underscores the nation’s continued efforts to meet its energy ...

Jharsuguda, May 02, 2024 (TBB Bureau): The Jharsuguda operations of Vedanta Aluminium, India’s largest producer of aluminium, has been recognized as the highest revenue generator for Indian Railways in the Sambalpur Division. The accolade was bestowed upon the company during a ceremony held at its Jharsuguda plant, where Tushar Kant Pandey, Divisional Railways Manager of Sambalpur Division, along with Tanmay ...

New Delhi, May 02, 2024 (TBB Bureau): During the recent visit of India’s Commerce Secretary Sunil Barthwal to New Zealand on April 26-27, both nations engaged in discussions aimed at enhancing collaboration in various sectors to bolster bilateral trade ties. The talks centered around fostering cooperation in areas such as pharmaceuticals, digital trade, and cross-border payment systems, reflecting a mutual ...

New Delhi, May 02, 2024 (TBB Bueau):  In a testament to its intellectual prowess and strategic acumen, energy major NTPC has emerged victorious at the prestigious SCOPE Business Quiz Bonanza (SBQB), held recently at the SCOPE Convention Centre. The triumph unfolded amidst the grandeur of the Public Sector Day celebrations, showcasing NTPC’s unwavering commitment to excellence. The winning NTPC team, ...

New Delhi, May 01, 2024 (TBB Bureau):  Adani Power on Wednesday announced impressive growth figures for FY24, with a 37% increase in revenue, reaching Rs 50,960 crore. Their continuing EBITDA more than doubled to Rs 18,789 crore. The company also reported a significant surge in consolidated profit before tax (PBT), which more than doubled to Rs 20,792 crore compared to ...