THEBUSINESSBYTES.COM Fast. Focused. Future-ready

TBB BUREAU NEW DLHI, MAY 1, 2023 India’s domestic coal production touched a new high of 73.02 million tonnes (MT) in April 2023, registering a growth of 8.67 per cent as compared to 67.20 million tonnes output recorded during the corresponding period in the previous year. Coal India Ltd (CIL) reported production of 57.57 million tonnes in April 2023 as ...

TBB BUREAU NEW DELHI, MAY 1, 2023 The gross GST revenue for April 2023 stood at Rs 1,87,035 crore, which was 16.8 per cent more than Rs 1,60,122 crore of gross GST collected for March 2023. The gross GST collection in April 2023 is also an all-time high and is Rs 19,495 crore more than the previous highest collection of ...

TBB BUREAU BHUBANESWAR, MAY 1, 2023 Tata Power Central Odisha Distribution Limited (TPCODL) is building a robust network of transformers, substations and grids to ensure efficient power supply across its area of operation to effectively manage unprecedented load during this summer season. To improve voltage and ensure reliable power supply to the consumers during summer, Team TPCODL has replaced old ...

TBB BUREAU BHUBANESWAR, MAY 1, 2023 As the onslaught of cutbacks – especially in tech sector – continued unabated worldwide, Vedanta Group Chairman Anil Agarwal on Monday said companies should take care of their employees in tough and uncertain times. Sharing his views on LinkedIn, Agarwal wrote: “If there is one advice I could give to our young people in ...

Dr. Sudarsan Mandal Cancer is one of the emerging major public health issues that affect millions of people around the world, including India. In recent years, the incidence of cancer has been alarmingly rising in India. As per the ICMR “National Cancer Registry Programme” data, approximately 3.65 million people are affected with cancer, 1.5 million new cases are diagnosed annually and nearly ...

TBB BURREAU BHUBANESWAR, APR 30, 2023 Priyanka Sar, a student of Aakash BYJU’S from Bhubaneswar topped the State by securing an overall 99.98 percentile and secured AIR 243 in the Joint Entrance Examination (JEE) Mains 2023 much to the elation of her parents, and the mentors of the institute. The results were announced by the National Testing yesterday. Total 34 ...

TBB BUREAU BHUBANESWAR, APR 29, 2023 Acknowledging the significant contribution made by the automobile dealers’ community to Odisha’s development, Governor Professor Ganeshi Lal said, “The automobile dealer industry is a dynamic industry, and has been one of the core members of the economic ecosystem of the nation. The dealers are an important pillar of this mechanism.” Inaugurating Vyapar Odisha meet, ...

TBB BUREAU BHUBANESWAR, APR 29, 2023 Tata Power Central Odisha Distribution Limited (TPCODL) successfully concluded its month-long consumer awareness programme ‘Apananka Mitra, Apananka Sathire’ on Saturday. The initiative, which was launched on the occasion of Utkal Divas, aimed to educate consumers about various consumer-friendly initiatives and facilities introduced by the company to improve power distribution services in its licensed area ...

TBB BUREAU GABON (AFRICA)/BHUBANESWAR, APR 29, 2023 CSM Tech, an Indian IT consulting company with an active business footprint in Africa, has signed a multi-million dollar contract with the Ministry of Economy and Recovery in Gabon, for implementation of a timber traceability solution and an electronic timber trade platform for the Ministry. The agreement was signed by Nicole Jeanine Lydie ...

TBB BUREAU NEW DELHI, APR 29, 2023 The government on Saturday appointed Rajneesh Karnatak as the Managing Director of Bank of India (BoI) and Debadatta Chand as the head of Bank of Baroda (BoB). Karnatak, presently working as the Executive Director of Union Bank of India, has been appointed as the Managing Director & CEO of Bank of India for ...

TBB BUREAU ROURKELA, APR 29, 2023             The Continuous Casting Machine-2 (CCM-2) belonging to the Steel Melting Shop-2 (SMS-2) Department of Rourkela Steel Plant (RSP) has set a fresh record in casting the longest ever sequence of heats. The unit registered an all time best castings of 222 heats during the record sequence. Notably, it’s also the best sequence performance ...

TBB BUREAU CHANDIGARH, APR 29, 2023 Former MP from Kurukshetra, Naveen Jindal, today paid floral tributes to former chief minister of Punjab, Late Sardar Parkash Singh Badal, at his residence in village Badal of Bathinda district in Punjab.  “Sardar Parkash Singh Badal Ji was a great leader, son of the soil and one of the most charismatic leaders of masses, ...

TBB BUREAU NEW DELHI, APR 28, 2023 SBI Cards and Payment Services Ltd (SBI Card) on Friday reported a marginal increase in its net profit to Rs 596 crore in the quarter ended March 2023 as against a net profit of Rs 581 crore reported in the same quarter of the previous fiscal. The company’s total income during the January-March ...

TBB BUREAU ROURKELA, APR 28, 2023 The Biju Patnaik Hockey Stadium of Rourkela Steel Plant (RSP) has been accorded FIH Category-2 Hockey field certificate. The certificate is valid till February 8, 2026. In the certificate, FIH has mentioned that Biju Patnaik Hockey Stadium has been tested and shown to comply with the requirements of an FIH Category-2 hockey field. With ...

TBB BUREAU BHUBANESWAR, APR 28, 2023 At a time when a section of media circulating biased reports on energy distribution company Tata Power Central Odisha Distribution Limited (TPCODL)’s alleged careless attitude towards consumers’ grievances, the discom has been working day and night to provide quality electricity to its consumers even in remote areas under its jurisdiction. TPCODL is building a ...

TBB BUREAU MUMBAI, APR 28, 2023 Ageas Federal Life Insurance, one of India’s leading private life insurance companies, on Friday announced its financial results for the 12-month period ending March 31, 2023, reporting a net profit of Rs 114 crore. Ageas Federal’s total premium rose by 4 per cent to Rs 2,289 crore in FY 2022-23 from Rs 2,207 crore ...

TBB BUREAU NEW DELHI, APR 28, 2023 Average Container dwell time for India, as per World Bank’s Logistics Performance Index (I-PI) Report — 2023, has achieved a level of 3 days only as compared to 4 days for countries like UAE and South Africa, 7 days for USA and 10 days for Germany. The investment made by the country in ...

TBB BUREAU BHUBANESWAR, APR 28, 2023 The Bhubaneswar Chapter of The Institute of Company Secretaries of India (ICSI) organised ICSI Capital Market Week-2023 on the theme “Learnings from G20: Journey towards sustainable, competitive and holistic capital markets”, here on Thursday. Speaking on the occasion, former CGM of Securities and Exchange Board of India (SEBI), Prof. Sarat Kumar Malik said that ...

TBB BUREAU NEW DELHI, APR 28, 2023 India’s major ports reached unprecedented heights, setting new records across various key performance indicators in the financial year 2022-23, said Union Minister for Ports, Shipping & Waterways, Sarbananda Sonowal. Speaking at the 2nd edition of FICCI’s Port Infrastructure Conclave in New Delhi today, Sonowal noted that major ports collectively handled a record-breaking 795 ...

TBB BUREAU BHUBANESWAR, APR 28, 2023 AYUDH, the youth wing of Mata Amritanandamayi Math, recently organized the C20 Youth Leadership Workshop to promote unity and leadership skills among young people. The event, which took place at KIIT International School here, was attended by 260 selected youth from more than 30 universities and educational institutions. The workshop aimed to empower young ...

TBB BUREAU NEW DELHI, APR 27, 2023 Vedanta Aluminium, the largest producer of primary aluminium in India, has achieved ASI Performance Standard V2 (2017) Certification at its SEZ Smelter for manufacturing and supply of all primary aluminium product in the form of billets, wire rod, primary foundry alloys (PFA), ingot and sow ingot, as well as its ‘Restora’ brand of ...

TBB BUREAU JAMSHEDPUR, APR 27, 2023 Tata Steel has signed a business cooperation agreement with A&B Global Mining Pvt. Ltd. (ABGM) to harness new business development opportunities and deliver mine technical services in areas such as exploration, resource evaluation, mine planning & scheduling, due-diligence, investment thesis, digitalization, clean/hybrid energy solutions, doing pre-feasibility, bankable feasibility studies, owners engineering and project management. ...

TBB BUREAU BHUBANESWAR, APR 26, 2023 “Making steel with the use of hydrogen energy is the future of steel industry,” said Bimlendra Jha, Managing Director of Jindal Steel & Power (JSP) while addressing the symposium on “Future of Steel Making in India and Contribution of Odisha and its MSMEs as its Downstream and Ancillary”, organised by the Utkal Chamber of ...

TBB BUREAU NEW DELHI, APR 26, 2023 In the leadup to World Day for Safety and Health at Work, Vedanta Aluminium announced that its Agnivahini firefighting team — a unique squad of women employees trained extensively in the complex yet crucial skill of firefighting — is now 100 members strong. Working with the fire safety team, the squad will reinforce ...

TBB BUREAU ROURKELA, APR 26, 2023 Barsua and Taldih Iron Mines belonging to Odisha Group of Mines (OGM) of SAIL-run Rourkela Steel Plant (RSP) have been certified with SA8000:2014, an international standard for social accountability. The certification has been awarded for open cast mining and processing and dispatch of lumps and fines. It is noteworthy that SA8000 is the world’s ...

TBB BUREAU RAJGANGPUR, APR 26, 2023       A farewell meeting was held recently to mark the completion of the schooling of Class XII students of Dalmia Vidya Mandir in Rajgangpur. Class-XI students organized the event under the direct supervision of the Principal and teachers of the school and felicitated Class-XII students with bouquets of flowers and souvenirs while wishing them a ...

TBB BUREAU NEW DELHI, APR 25, 2023 One of India’s pioneering cement companies Dalmia Bharat Ltd on Tuesday reported a two-fold increase in its consolidated net profit at Rs 609 crore in the fourth quarter of the financial year 2022-23. The company had posted a net profit of Rs 271 crore during the January-March quarter a year ago, Dalmia Bharat ...

TBB BUREAU LANJIGARH, APR 25, 2023 Run by Vedanta Limited, Lanjigarh, India’s premier producer of metallurgical grade alumina, Project Utthan has been working towards creating employment opportunities for the youth of Kalahandi and Rayagada, with a focus on those who have completed their graduate-level studies. The company has recently hired 73 youths from Kalahandi and Rayagada districts in various roles ...

TBB BUREAU RAJGANGPUR, APR 25, 2023 Dalmia Vidya Mandir recently organized a welcome session and orientation programme for the students who are going to start their education this month. A large number of parents also attended the event, coordinated by School Principal Jaydev Kar. Congratulating the students, Dalmia Vidya Mandir CEO Dr. Rosetta Williams through a message shared her views ...

TBB BUREAU MUMBAI, APR 25, 2023 Riding on healthy growth in interest income, AU Small Finance Bank on Tuesday reported a 23 per cent year-on-year (Y-o-Y) rise in its March quarter (Q4FY23) net profit to Rs 424.6 crore. Total income rose 34 per cent to Rs 9240 crore. NII for the quarter stood at Rs 4425 crore. Net interest income ...

TBB BUREAU ANGUL, APR 25, 2023 JSP Foundation, the CSR arm of Jindal Steel & Power (JSP) provided foldable couches with partition screens to 50 Village Health, Sanitation and Nutrition Day (VHND) points under Banarpal and Chhendipada Blocks of Angul district. The VHND programme are conducted regularly for antenatal and postnatal checkup of  pregnant women and lactating mothers, basic health ...

TBB BUREAU MUMBAI, APR 25, 2023 Capri Global Capital Ltd (CGCL), a leading NBFC, has appointed Basant Dhawan as its Group Chief Marketing Officer on Monday. He will spearhead the Marketing portfolio and will be responsible for planning, developing, implementing and monitoring the marketing strategy across all businesses as the company enters the next stage of growth. This includes brand ...

TBB BUREAU BHUBANESWAR, APR 25, 2023 The Wadi project, initiated by Dalmia Bharat Foundation (DBF), the CSR wing of Dalmia Bharat Ltd. (DBL) in partnership with NABARD (National Bank for Agriculture and Rural Development), will benefit over 400 farmers from 9 gram panchayats in Rajgangpur and Kutra Blocks in Odisha. The Wadi project under the Tribal Development Fund (TDF) aims ...

TBB BUREAU NEW DELHI, APR 24, 2023 Vedanta Aluminium, India’s largest producer of aluminium, observed Earth Day 2023 at its operations across Odisha and Chhattisgarh through several initiatives reinforcing its continued commitment to building a sustainable future. The company has now achieved a significant milestone in this endeavour by deploying a new Material Recovery Facility, a specialised plant to segregate ...

TBB BUREAU MUMBAI, APR 24, 2023 Tata Steel has commenced the trial injection of hydrogen gas using 40% of the injection systems in ‘E’ Blast Furnace at its Jamshedpur Works. This is the first time in the world that such a large quantity of hydrogen gas is being continuously injected in a blast furnace. The trial which started on Sunday, ...

TBB BUREAU BHUBANESWAR, APR 24, 2023 ‘Mo college’ shines again with an MoU signed between ‘Mo College Abhijan Parichalana Sangathan’ (MCAPS) and ‘Tata Community Initiatives Trust’ (TCIT) in the presence of ‘Mo College’ Chairperson Akash Dasnayak and TCIT CEO Anita Rajan on Wednesday, to create scopes and development in the area of skill and entrepreneurship as well as to train ...

TBB BUREAU MUMBAI, APR 24, 2023 Union Minister of State for Finance Dr. Bhagwat Karad on Monday asked bankers to focus on banking the unbanked, securing the unsecured and funding the unfunded. Speaking at a review meeting on Financial Inclusion Parameters of Western Maharashtra in Satara today, the Minister further said that the PM Svanidhi scheme gives small loans to ...

TBB BUREAU NEW DELHI, APR 24, 2023 1989 Batch IAS officer Rajesh Kumar Singh has assumed the charge of Secretary, Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry. Prior to the new assignment, he was serving as Secretary, Department of Animal Husbandry & Dairying, Ministry of Fisheries, Animal Husbandry & Dairying. Kerala cadre officer Singh ...

TBB BUREAU MUMBAI, APR 24, 2023 Union Bank of India, the country’s fifth largest public sector bank, in collaboration with Reserve Bank Innovation Hub (RBIH), simplified the annual submission of Form 15G & H for its customers by enabling online submission via the Bank’s WhatsApp channel, Union Virtual Connect (UVConn). Union Bank of India customers can avail banking services in ...

TBB BUREAU BENGALURU, APR 24, 2023 HCL Foundation, the corporate social responsibility (CSR) arm of HCLTech, has launched a national-level ‘Generation for Climate Action’ (GENCAN) initiative in partnership with the Centre for Environment Education (CEE) for promoting awareness and knowledge on climate action in schools through its flagship program, HCL Harit – The Green Initiative. Marking the Earth Day celebration, ...

TBB BUREAU BHUBANESWAR, APRIL 23, 2023 “Guided by its civilisational ethos and as a natural hub of talent, captive market & resources, India is going to play a leading role in fulfilling global aspirations of the 21st century,” said Union Minister for Education and Skill Development & Entrepreneurship Dharmendra Pradhan, while addressing the first precursor event of 3rd EdWG Meeting, ...

TBB BUREAU BHUBANESWAR, APR 22, 2023 The Gender Equality and Disability Summit of Civil 20 (C20), one of the official Engagement Groups of the G20, has been inaugurated at Bhubaneswar, with the Kalinga Institute of Industrial Technology (KIIT) hosting the event. Dignitaries present during the inaugural ceremony included Achyuta Samanta, Founder, KIIT & KISS; Swami Amritaswarupananda Puri, Troika and Steering ...

TBB BUREAU BHUBANESWAR, APR 22, 2023 The Odisha Skill Conclave 2023, which was inaugurated by Chief Minister Naveen Patnaik on Thursday, concluded on Saturdayday. Patnaik in his inaugural address called for enhanced cooperation between centre and states in new-age tech skilling in the country. “Odisha has kept a budgetary provision of Rs. 100 crores for this year for the new ...

TBB BUREAU UDAIPUR, APR 22, 2023 Hindustan Zinc, India’s leading zinc-lead-silver producer, has emerged as the 5th largest silver producer in the world, according to the World Silver Survey 2023 by The Silver Institute. This places India in the top 20 silver-producing countries. Earlier, the company was ranked 6th largest silver producer which has now changed to 5th largest with ...

TBB BUREAU RANCHI, APR 21, 2023 As part of its CSR initiative, Swayamsiddha Ladies Club of NTPC Coal Mining Headquarters donated three air coolers for providing relief to the inmates of Adarsh Old Age Home during the ongoing summer season. The Ladies Club, under the leadership of its President Mahua Mazumder, also provided one deep freezer for preserving foods and ...

TBB BUREAU BHUBANESWAR, APR 21, 2023 Kalyan Jewellers on Friday launched its new showroom at Patia area of the capital city of Odisha, taking its store count in the State to four. The showroom was inaugurated by Bollywood star Shilpa Shetty Kundra in the presence of Kalyan Jewellers CEO Sanjay Raghuraman. The new showroom will feature an extensive range of ...

TBB BUREAU NEW DELHI, APR 21, 2023 WinZO, India’s largest social gaming and interactive entertainment technology platform, has announced the launch of its new cyber security challenge programme, Code Health and Security Evaluation (CHASE) – (WinZO CHASE) in partnership with Indian Institute of Technology-Delhi (IIT-D), Delhi Technological University (DTU), Netaji Subhash University of Technology (NSUT), and IIID. The programme aims ...

TBB BUREAU PARADIP, APR 21, 2023 The Paradip Port Authority (PPA) observed the closing ceremony of the National Fire Service Week on Thursday. The National Fire Service Day is observed on April 14 every year to pay homage to the brave firemen and officers who lost their lives in the Bombay Dock Explosion on April 14, 1944 and on subsequent ...

TBB BUREAU NEW DELHI, APR 20, 2023 If you have diabetes, then you must avoid sugar-sweetened beverages like sodas, fruit punch, and lemonade to cut down the risk of premature death, according to a study published online in The BMJ. Led by researchers at Harvard TH Chan School of Public Health, the study showed that high consumption of sugar-sweetened beverages ...

TBB BUREAU GURUGRAM, APR 20, 2023 Ecom Express Limited, a leading end-to-end technology-enabled logistics solutions provider, on Thursday announced the launch of three new services, Same Day Delivery (SDD), Same Day Delivery+ (SDD+), and Next Day Delivery (NDD) to cater to the growing demands of e-commerce players in India. With the launch of these services, Ecom Express aims to improve the ...