The Business Bytes

TBB BUREAU NEW DELHI, DEC 12, 2022 Dalmia Bharat Ltd on Monday announced the acquisition of the cement assets of Jaypee Group’s flagship company Jaiprakash Associates Ltd and its associate firms at an enterprise value of Rs 5,666 crore. In a regulatory filing, Dalmia Bharat informed that its wholly-owned subsidiary Dalmia Cement Bharat Limited (DCBL) has entered into a binding ...

TBB BUREAU NEW DELHI, DEC 12, 2022 Reliance Jio on Monday announced its collaberation with global technology brand OnePlus to bring in the evolutionary stand-alone 5G technology ecosystem in India. As part of the joint collaberation, all the OnePlus 5G devices will be powered by Jio ‘True 5G’ technology. “The real power of a 5G smartphone can only be unleashed ...

TBB BUREAU BHUBANESWAR, DEC 12, 2022          The Indian government should make pensions tax free to increase the penetration of pension and to make India a pension society, said Ageas Federal Life Insurance CEO and MD Vighnesh Shahane. Shahane also said the government should also make the maturity amount under unit linked insurance policies (ULIP), where the annual premium is ...

TBB BUREAU BHUBANESWAR, DEC 11, 2022          Addressing the students at the 10th convocation of Centurion University of Technology and Management held at its Paralakhemundi campus on Sunday, Odisha Governor Professor Ganeshi Lal advised them to act conscientiously and be honest.  “Success or failure in life is just a part of life. The most important thing is to act conscientiously and ...

TBB BUREAU JAJPUR, DEC 10, 2022 Tata Steel Foundation in collaboration with District Health Administration, Jajpur, has started the implementation of “Ni-kshay Mitra Program” in the Jajpur district of Odisha. The campaign was initiated on December 09, 2022. The campaign will end in October 2023. Speaking on the occasion, Dr. Ambika Nanda, Head Odisha, Tata Steel Foundation said, “TSF is ...

TBB BUREAU ROURKELA, DEC 10, 2022 SAIL-run Rourkela Steel Plant (RSP) maintained the ascent in production trend in key areas to register the Best April-November performance in FY 2022-23. In the first 8 months of the current financial year, RSP produced 28,40,404 tonnes of Hot Metal, 26,61,074 tonnes of Crude Steel and 24,67,104 tonnes of Saleable Steel to clock Best ...

TBB BUREAU JHARSUGUDA, DEC 10, 2022 In its bid to sensitize community members, employees and business partners on the effective prevention and management of HIV/AIDS, Vedanta Aluminium in association with the Jharsuguda District Health Department and the Odisha State AIDS Control Society (OSACS), observed a week-long awareness program based on the theme ‘Equalize’ to mark World AIDS Day. As part ...

TBB BUREAU CHENNAI, DEC 10, 2022 Public sector Indian Overseas Bank has revised the interest rates on its domestic, foreign currency non-resident (banking) term deposits with immediate effect, the city-based lender said on Saturday. Depositors of domestic, non-resident external would receive interest rates up to 7.30 per cent by opening a term deposit with a tenure of 444 days and ...

TBB BUREAU BHUBANESWAR, DEC 9, 2022     Highlighting the marvelous history of weavers of Odisha, Governor Prof. Ganeshi Lal on Friday portrayed weavers as the biggest magicians in the world. Inaugurating the a fashion show organised by the Entrepreneurship Development Institute of India (EDII), Ahmedabad in association with Handlooms, Textiles & Handicrafts Department, Government of Odisha, under the aegis of ...

TBB BUREAU BHUBANESWAR, DEC 9, 2022 Odisha Governor Prof. Ganeshi Lal on Friday said that the Corporate sector should come forward to promote handloom products of Odisha. Speaking at World Trade Center’s ‘We For Weavers” programme at Kala Bhoomi here today, Governor Prof. Lal said, “Odisha handloom is as old as ancient ages; and is inspired and driven by nature. ...