The Business Bytes

BHUBANESWAR, APRIL 6, 2024 (TBB BUREAU):  Aditya Birla Group’s Utkal Alumina International Ltd (UAIL) is deeply involved in numerous projects aimed at significantly improving the lives of the underprivileged. One of its primary focuses lies in the realm of healthcare, where it has initiated a substantial health program named ‘Nirogshala’ in conjunction with its Utkal Hospital, Nuapada Health Centres, and ...

KOLKATA, APRIL 05, 2024 (TBB BUREAU): The Institute of Company Secretaries of India (ICSI) orchestrated a momentous event in Singapore on April 5th and 6th, 2024, with its 3rd International Conference themed “Building Resilient & Sustainable Economies.” The prestigious gathering attracted luminaries from the corporate and diplomatic realms, including esteemed Chief Guest Lim Hwee Hua, Acting Chair of the International ...

PARADIP, APRIL 05, 2024 (TBB BUREAU): In an unprecedented milestone marking its 57-year history, Paradip Port has ascended to the position of the country’s number one major port. This historic achievement, announced by Paradip Port Authority (PPA) Chairman, PL Haranadh, underscores the unwavering support and indomitable spirit of the PPA collective. Addressing the 61st National Maritime Day celebrations held at ...

ROURKELA, APRIL 04, 2024 (TBB BUREAU): SAIL-run Rourkela Steel Plant (RSP) concluded the fiscal year 2023-24 on a triumphant note, marking its best-ever production figures across key production areas since its inception. In an extraordinary display of efficiency and capability, RSP recorded remarkable production numbers for the fiscal year, with a staggering 44,94,258 tons of Hot Metal, 41,61,241 tons of ...

NEW DELHI, APRIL 04, 2024 (TBB BUREAU): Vedanta Aluminium, India’s largest producer of aluminium, on Thursday marked a significant milestone in its ambitious expansion journey aimed at positioning itself among the top 3 global players with an impressive 3 million tonnes per annum (MTPA) of aluminium production capacity. In a monumental move towards achieving complete vertical integration, the company announced ...

RANCHI, APRIL 2, 2024 (TBB BUREAU): NTPC Ltd., India’s leading integrated power utility, has delivered an exceptional performance from its five operational captive coal mines located in Jharkhand, Odisha, and Chattisgarh, achieving record coal production of 34.39 million metric tonnes (MMT) by March 31st in the financial year 2023-24 (FY24). This outstanding achievement not only surpassed the target set by ...

MUMBAI, APRIL 2, 2024 (TBB BUREAU):  Small Industries Development Bank of India (SIDBI) today commemorated 34 years of fostering entrepreneurship, innovation, and economic growth in India. Established in 1990 under the SIDBI Act of 1989, SIDBI has been pivotal in transforming the landscape of MSME financing and development. Over the years, SIDBI has implemented various initiatives aimed at providing financial ...

BHUBANESWAR, APRIL 2, 2024 (TBB BUREAU): In the fiscal year 2023-24 (FY24), the East Coast Railway (ECoR) has achieved a remarkable milestone by loading 256.22 million tons of originating freight. This significant accomplishment marks an impressive growth of 6.1 percent compared to the previous fiscal year, surpassing all records of Indian Railways in freight loading. ECoR has emerged as the ...

BHUBANESWAR, APRIL 2, 2024 (TBB BUREAU): Vedanta Aluminium, India’s largest producer of aluminium, marked the 89th Utkal Divas by paying tribute to Odisha’s rich cultural legacy and reiterating its steadfast dedication to the state’s advancement. Festivities, spanning across Vedanta’s operations in Odisha, showcased a harmonious fusion of tradition, art, industrial innovation, and community welfare initiatives. Utkal Divas, marking the foundation ...

BHUBANESWAR, APR 2, 2024 (TBB BUREAU)   National Aluminium Company Ltd. (NALCO), a Navratna CPSE and a prominent player in alumina and aluminium manufacturing and export, has marked significant milestones in production and sales for the fiscal year 2023-24 (FY24). In a historic achievement, NALCO has reached its highest-ever Cast Metal production of 463,428 metric tonnes, alongside recording its highest-ever ...