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Jindal Steel & Power wins dual honours at 7th ICC Social Impact Awards

THEBUSINESSBYTES BUREAU KOLKATA/BHUBANESWAR, MARCH 12, 2025 Jindal Steel & Power (JSP) has been conferred with two prestigious accolades at the 7th Social Impact Awards 2025, organized by the Indian Chamber of Commerce (ICC) in Kolkata. The company received the Winner’s Trophy in the Education category for its flagship initiative, Jindal Asha, and the Special Jury Award in the Health category ...

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NALCO CMD highlights aluminium’s role in ‘Viksit Bharat 2047’ at All India Customers Meet 2025

THEBUSINESSBYTES BUREAU BHUBANESWAR, MARCH 12, 2025 National Aluminium Company Limited (NALCO), a Navratna CPSE and a leading producer of aluminium and alumina, successfully hosted its All India Customers Meet 2025 in Bhubaneswar on Wednesday. The event, themed ‘Transforming Aluminium Together – Today, Tomorrow & Beyond’, brought together key stakeholders to discuss the evolving landscape of the aluminium industry and its ...

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India’s retail inflation drops to 7-month low of 3.6pc in February

THEBUSINESSBYTES BUREAU NEW DELHI, MARCH 12, 2025 India’s retail inflation, measured by the Consumer Price Index (CPI), eased to a seven-month low of 3.61% in February, marking a significant decline of 0.65 percentage points from January’s inflation rate. This is the lowest level recorded since July 2024, primarily driven by falling food prices. According to official data, food inflation in ...

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Odisha sets bold vision for $1 trillion economy by 2036

THEBUSINESSBYTES BUREAU BHUBANESWAR, MARCH 12, 2025 The Odisha chapter of the Confederation of Indian Industry (CII) unveiled an ambitious roadmap for the state’s economic future at its State Annual Day 2025 event on Wednesday. Under the theme “Viksit Odisha@2036: Towards Setting the Agenda for Nation Building,” industry leaders, government officials, and experts convened to discuss strategies for transforming Odisha into ...

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Vedanta Jharsuguda CEO Sunil Gupta elected CII Odisha State Council Chairman for 2025-26

THEBUSINESSBYTES BUREAU BHUBANESWAR, MARCH 12, 2025 In a significant development for the industrial landscape of Odisha, Sunil Gupta, Chief Executive Officer of Vedanta Ltd. Jharsuguda, has been elected as the Chairman of the Confederation of Indian Industry (CII) Odisha State Council for the year 2025-26. The announcement was made during the CII Odisha State Annual Day 2025 event held in ...

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Acer marks milestone with the inauguration of its 250th exclusive store in Delhi

THEBUSINESSBYTES BUREAU NEW DELHI, MARCH 12, 2025 Acer, a global leader in computing and technology, has reached a significant milestone with the grand opening of its 250th exclusive store in Nehru Place, New Delhi. This expansion highlights Acer’s unwavering commitment to making advanced technology more accessible to consumers across India. Situated in Nehru Place, India’s largest IT hub, the new ...

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Daikin India expands presence in Odisha; eyes market leadership

THEBUSINESSBYTES BUREAU BHUBANESWAR, MARCH 12, 2025 Daikin Airconditioning India Pvt. Ltd. (DAIPL), the Indian subsidiary of Japan-based Daikin Industries Ltd. and a market leader in air-conditioning, on Wednesday launched a new range of air-conditioning products in Odisha, underscoring its aggressive expansion strategy in the eastern region. The launch reaffirms Daikin’s commitment to capturing a dominant share of the state’s rapidly ...

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Uncertainty clouds Kansariguda alumina refinery as bauxite reserves face depletion

THEBUSINESSBYTES BUREAU BHUBANESWAR, MARCH 12, 2025 The ambitious Kansariguda alumina refinery project, once envisioned as a game-changer for industrial development in Odisha, now stands at a crossroads, clouded by uncertainty over its long-term sustainability. As apprehensions over bauxite availability intensify, local communities, industry stakeholders, and intellectuals are raising concerns about the viability of the Rs 8,000-crore project. Spanning approximately 2,200 ...

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Jio partners with SpaceX to bring Starlink’s high-speed internet to India

THEBUSINESSBYTES BUREAU MUMBAI, MARCH 12, 2025 Jio Platforms Limited (JPL) has announced a groundbreaking agreement with SpaceX to bring Starlink’s satellite broadband services to India. Subject to regulatory approvals, the collaboration will enhance Jio’s internet offerings by integrating Starlink’s advanced low Earth orbit (LEO) satellite technology with Jio’s extensive digital infrastructure. The agreement enables Jio to distribute Starlink’s high-speed internet ...

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India’s telecom subscriber base reaches 1,189.92 million in December; Jio leads growth: Trai

THEBUSINESSBYTES BUREAU NEW DELHI, MARCH 11, 2025 India’s telecom sector witnessed a marginal increase in its total subscriber base, reaching 1,189.92 million in December 2024, with Reliance Jio leading growth in both mobile and fixed-line segments, according to a report released by the Telecom Regulatory Authority of India (Trai) on Tuesday. The total subscriber count stood at 1,187.15 million in ...

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