The Business Bytes

TBB BUREAU BHUBANESWAR, MAY 30, 2023 There are at least 400 medicinal plants which can be very effective in reducing sugar level in blood, thus treating Diabetes mellitus naturally, but only a small number of these have received scientific and medical evaluation to assess their efficacy, says a team of Indian researchers while advocating for in-depth research to explore the ...

TBB BUREAU MANGALURU, MAY 27, 2023 Srikrishnan Harihara Sarma has been appointed as the new Managing Director (MD) and CEO of the Mangaluru-headquartered private sector Karnataka Bank. The appointment of Sarma will be effective from the date of his assuming charge and last for a period of three years, the bank said in a statement on Friday. Sarma has four ...

TBB BUREAU NEW DELHI, MAY 26, 2023 Navratna CPSE Oil India Limited (OIL) on Friday declared its financial results for the Financial Year 2022-23 with a thumping highest-ever net profit since the company’s inception at ₹6,810.40 crore, a surge of 75.20 per cent year-on-year (YoY) on the back of higher operating income and growth in oil & gas production. During ...

TBB BUREAU MUMBAI, MAY 26, 2023 Reliance Consumer Products Limited (RCPL), the FMCG arm and a wholly-owned subsidiary of Reliance Retail Ventures Limited (RRVL) on Friday announced its foray into the western snacks category with the launch of Alan’s Bugles in India. For the first time ever, snackers in India can enjoy Bugles, the international corn chips snacks brand with ...

TBB BUREAU NEW DELHI, MAY 26, 2023 Noted industrialist and Reliance Industries Ltd Chairman & Managing Director Mukesh Ambani has been appointed as the member of Advisory Committee to the President of the 28th Session of the Conference of the Parties (COP28) to the United Nations Framework Convention on Climate Change (UNFCCC). Ambani is the second Indian after Centre for ...

TBB BUREAU NEW DELHI, MAY 26, 2023 More than 120 start-ups and 20 major industries will be participating in the first Mining Start-up Summit to be organized by the Ministry of Mines in collaboration with Ministry of Mines on 29th of this month in Mumbai. Union Minister for Coal and Mines Pralhad Joshi will inaugurate the Summit, which will mainly ...

TBB BUREAU BHUBANESWAR, MAY 25, 2023 In a bid to ensure skill enhancement, provide technical training and access to the latest training resources for its employees Tata Power Central Odisha Distribution Limited (TPCODL) on Wednesday inaugurated a state-of-the-art training centre at Baramunda in the capital city of Odisha. The centre was inaugurated by Tata Power President Sanjay Banga in the ...

TBB BUREAU LANJIGARH, MAY 25, 2023 Two students of the archery training program run by Vedanta Limited Lanjigarh have qualified for the upcoming Janjatiya Khel Mahotsav. The students – Sanjay Majhi and Bikram Majhi – will be participating in the national level tournament, being organised by Kalinga Institute of Social Sciences, in collaboration with the Union Ministry of Culture and ...

TBB BUREAU MUMBAI, MAY 25, 2023 Capri Global Holdings Pvt Ltd (CGHL), the holding company for Capri Global Capital Limited – a prominent non-banking financial company with the brand name Capri Loans, has expanded its national footprint by acquiring 51 per cent stake in CarLelo, India’s leading online new car selling platform. This strategic investment, amounting to Rs 150 crore, ...

TBB BUREAU BHUBANESWAR, MAY 25, 2023 Indian cement major Dalmia Cement (Bharat) Limited (DCBL) in collaboration with National Bank for Agriculture and Rural Development (NABARD), has launched a new sustainable livelihood initiative – “Promotion and formation of Farmer Producer Organization on Backyard Poultry Farming” at Rajgangpur in Sundargarh district of Odisha. As part of the Memorandum of Understanding (MoU) signed ...