The Business Bytes

TBB BUREAU NEW DELHI, SEPT 01, 2022             Riding on rising demand, higher rates, and greater compliance, India’s tax collection from the sale of goods and services increased by 28 per cent to Rs 1.43 lakh crore in August 2022.            The GST collection remained above the Rs 1.4-lakh-crore mark for the sixth straight month in August and the ensuing ...

TBB BUREAU NEW DELHI, AUG 31, 2022 Addressing the Investors’ meet and curtain raiser for the ‘Make in Odisha’ Conclave in the national capital on Wednesday, Odisha Chief Minister Naveen Patnaik urged the investors to invest in Odisha. In a continuing effort to be the country’s leading investment destination, the Odisha Government, in collaboration with the Federation of Indian Chambers ...

TBB BUREAU NEW DELHI, AUG 31, 2022 India’s largest energy conglomerate NTPC Ltd has got shareholders’ approval to raise up to Rs 12,000 crore through issuance of non-convertible debentures (NCD) on private placement basis. A resolution to this effect was passed with requisite majority in the annual general meeting of the company held on Tuesday. The funds to be raised ...

TBB BUREAU KALINGANAGAR, AUG 31, 2022 Satyabrata Das, a mountaineer from Jajpur district of Odisha, has achieved a rare feat by successfully completing a mountaineering expedition to the Mount Satopanth peak in Uttarakhand on Tuesday. Das from Kumbhiragadia village under Danagadi Block of Jajpur district is among the five who made it to the peak in the group of eight ...

TBB BUREAU JHARSUGUDA/LANJIGARH, AUG 30, 2022 On National Sports Day, Vedanta Aluminium pledged to strengthen grassroots sporting culture with the participation of young talent from local communities in and around its areas of operations. In pursuit of this aim, Vedanta Aluminium has been actively supporting several sports formats, events and training programs in Jharsuguda, Lanjigarh and nearby areas. Sports being ...

TBB BUREAU BHUBANESWAR, AUG 30, 2022 Tata Power Central Odisha Distribution Limited (TPCODL) announced partnership with Anyline, a global leader in mobile data capture and artificial intelligence, to reduce non-technical losses and support spot billing processes for field workers and customers. This industry-first innovation marks the first use of optical character recognition (OCR) for meter reading by TPCODL and is ...

TBB BUREAU MUMBAI, AUG 30, 2022 The Union Asset Management Company Private Limited has launched an open-ended Union Retirement Fund, with a lock-in of five years or till the retirement age, whichever comes first. The new fund offer (NFO) will open on September 1, 2022, and close on September 15, 2022. The minimum investment is Rs. 1,000 and thereafter, in ...

TBB BUREAU MUMBAI, AUG 29, 2022 On National Sports Day 2022, Bank of Baroda (BoB) released the third edition of #SmashItWithSindhu to celebrate the achievements and to support the undying spirit of the Indian sporting fraternity. The latest edition is bigger and better with BoB bringing together ace shuttler Kidambi Srikanth and India’s young batting sensation Shafali Verma joining Olympic ...

TBB BUREAU NEW DELHI, AUG 29, 2022 Queen Máxima of the Netherlands called on President Droupadi Murmu at Rashtrapati Bhavan here on Monday and they discussed about deepening of bilateral ties between India and the Netherlands. The two leaders also discussed in detail several aspects of universal financial inclusion which has been one of the main agenda of the Government ...

TBB BUREAU MUMBAI, AUG 29, 2022 Jindal Stainless won the ‘Emerging Steel Company of the Year’ award at the India Steel Conference 2022 and Steel Users Federation of India (SUFI) Steel Awards 2021 organised in association with the Bombay Stock Exchange (BSE). The award was presented to the Company by Principal Chief Commissioner of Customs Mumbai-I, Pramod K Agrawal and ...