The Business Bytes

BHUBANESWAR, JULY 15, 2024 (TBB BUREAU): Tata Power Central Odisha Distribution Limited (TPCODL) concluded its successful participation in Tata Sustainability Month (TSM) 2024 with a grand closing ceremony. The event, attended by TPCODL CEO Arvind Singh, senior leadership, employees, and their families, highlighted the company’s unwavering commitment to promoting a greener future. “Tata Sustainability Month provided a valuable platform to ...

NEW DELHI, JULY 15, 2024 (TBB BUREAU):  Driven by a spike in two-wheeler and three-wheeler sales, India’s automobile retail numbers posted a substantial growth of 9.4 per cent in the first quarter of 2024-25, compared to the same time last fiscal, said data shared by the Federation of Automobile Dealers Associations (FADA). Two-wheelers (2W) led the charge with an impressive ...

Bhubaneswar, July 15, 2024 (TBB Bureau): This Prime Day, Amazon.in is set to be the stage for a major showcase of small business innovation, with over 3200 new products being launched across various categories, including home and kitchen, fashion and grooming, jewelry, handmade products, and more. Renowned brands such as Behoma, Dream of Glory, and Orika Spices are among the ...

PURI, JULY 13, 2024 (TBB BUREAU): Dalmia Bharat Limited (DBL) celebrated Odisha’s rich cultural heritage with a vibrant tribute during the auspicious Rath Yatra in Puri. As part of its ‘Saluting the Expert’ initiative, DBL honored four esteemed artisans with the ‘DSP Expert Rath Shilpkar Samman’ for their exceptional craftsmanship in creating the majestic chariots that grace the streets during ...

PARADIP, JULY 13, 2024 (TBB BUREAU): IndianOil has marked a significant milestone in the realm of motor racing with the launch of STORM-X, a cutting-edge high octane gasoline specially crafted for racing cars. The inaugural dispatch ceremony took place from Paradip Refinery to the Madras International Circuit in Chennai. The event was virtually flagged off by V Satish Kumar, Director ...

BHUBANESWAR, JULY 13, 2024 (TBB BUREAU): In a significant stride towards sustainable development, the Indian Renewable Energy Development Agency (IREDA) has ramped up efforts to harness Odisha’s burgeoning renewable energy potential. With the state’s current installed renewable energy capacity touching approximately 2.8 GW as of June 2024, including substantial contributions from large hydro, solar, and wind sources, Odisha stands poised ...

Bhubaneswar, July 12, 2024: TiE Bhubaneswar orchestrated a pivotal event themed “Fostering a Thriving Entrepreneurial Ecosystem” on Friday, aiming to bolster Odisha’s business landscape. This gathering brought together government officials, industry leaders, and aspiring entrepreneurs to strategize on strengthening support structures for new ventures in the region. Murali Bukkapatnam, Vice Chair of the TiE Global Board of Trustees, delivered an ...

New Delhi, July 12, 2024 (TBB Bureau): India’s consumer price inflation rose to 5.08 percent in June compared to the same month last year, driven by higher prices of vegetables and pulses, according to data released by the Ministry of Statistics on Friday. Vegetable prices surged by 29.32 percent due to a severe heat wave in northern states impacting production, ...

Burla, July 12, 2024 (TBB Bureau): The Odisha Electricity Regulatory Commission (OERC) has issued an order on July 2, 2024, vide Ref No. OERC/Engg.-2/2006/701, waiving the requirement of a pre-installation technical feasibility study by discoms for rooftop solar systems up to 10KW. This order streamlines the process for consumers applying for rooftop solar systems under various government programs. Previously, discom ...

Bhubaneswar, July 12, 2024 (TBB Bureau):  Tata Power-led power distribution companies (Discoms) have significantly bolstered Odisha’s power infrastructure, with an investment of Rs 4,245 crore in infrastructure expansion and network upgrades over the past 3-4 years, the company announced on Friday. The company operates four Discoms in joint ventures with the government of Odisha: TP Central Odisha Distribution (TPCODL), TP ...