The Business Bytes

TBB BUREAU RANCHI, JUNE 3, 2022 After completing a successful year with the achievement of coal production of 14.02 Million MT in FY 2021-22registering a year-on-year growth of 36% from FY 2020-21, NTPC Coal Mining has opened this year’s coal production on a high note. The three operational coal mines viz. Pakri Barwadih (Jharkhand), Dulanga (Odisha) and Talaipalli (Chhattisgarh) have ...

TBB BUREAU BHUBANESWAR, JUNE 2, 2022 Tata Power Central Odisha Distribution Ltd. (TPCODL), a joint venture between Tata Power and the Government of Odisha, on Thursday celebrated the completion of two years of its successful operations in Odisha. In its first two years, TPCODL has extensively leveraged technology for reliable​ ​power supply. The company has kept its prime focus on ...

TBB BUREAU LANJIGARH, JUNE 2, 2022 Vedanta Limited, Lanjigarh Unit, India’s premier producer of metallurgical grade alumina, organized awareness programs on World Menstrual Hygiene Day with women and girls hailing from local communities in Kalahandi district. The objective of these sessions was to build community awareness on period poverty, communicate the importance of managing health and hygiene during menstruation, prevent ...

TBB BUREAU JHARSUGUDA, JUNE 2, 2022 The Jharsuguda Unit of Vedanta Limited received the Sustainable Manufacturing Excellence Award at the ‘Times Business Awards – Odisha 2022′ hosted by The Times Group for its exceptional contribution to doing business in the most sustainable way aligned with Environment, Social and Corporate (ESG) practices and governed by its vision of ‘Zero Harm, Zero ...

TBB BUREAU BHUBANESWAR, JUNE 2, 2022 Blue Dart, South Asia’s premier express air and integrated transportation &​ ​distribution company and a part of the Deutsche Post DHL (DPDHL) Group has signed the ‘Climate Neutral Now’ (CNN) pledge by the United Nations Framework Convention on Climate Change (UNFCCC). The pledge highlights the organisation’s​ ​commitment to ambitious CO2 reduction targets. Deutsche Post ...

TBB BUREAU MUMBAI, JUNE 1, 2022 Union Bank of India today signed a Memorandum of Understanding (MoU) with Small Industries Development Bank of India (SIDBI) for a Co-Financing arrangement for MSMEs. The MoU was signed by Lal Singh, Chief General Manager, Union Bank of India and Vivek Kumar Malhotra, Chief General Manager, SIDBI. SIDBI is country’s principal financial institution engaged ...

TBB BUREAU RAJGANGPUR, JUNE 1, 2022 The Rajgangpur Unit of the Dalmia Cement (Bharat) Limited [DCBL] which has been working tirelessly for the socio-economic development of the people living in its plant periphery, today signed a Memorandum of Understanding (MoU) with the Sundargarh Division of the Odisha Livelihoods Mission to further strengthen the bonds with the peripheral populace and uplift ...

TBB BUREAU MUMBAI, JUNE 1, 2022 RELIANCE BRANDS LIMITED (RBL) and Plastic Legno SPA have signed a joint venture arrangement through which RBL will acquire a 40% stake in Plastic Legno SPA’s toy manufacturing business in India. This investment by RBL serves a dual purpose, bringing in vertical integration for RBL’s toy business and helping diversify the supply chain with ...

TBB BUREAU NEW DELHI, JUNE 1, 2022 Vedanta Aluminium, India’s largest producer of aluminium, has commissioned India’s largest electric fleet of 27 forklifts, powered by lithium-ion batteries. Done in partnership with GEAR (Gemini Equipment and Rentals Private Limited) India, this sets the ball rolling on Vedanta Aluminium’s plans to decarbonize its industrial vehicle fleet. All 27 forklifts arrived last month ...

TBB BUREAU MUMBAI, JUNE 1, 2022 Aditya Birla Group on Wednesday announced the formal launch of its new ‘House of Brands’ entity – TMRW. This move is in line with the group’s strategy to launch and back new-age digital ventures. TMRW, an Aditya Birla Group venture, will create India’s largest portfolio of disruptor brands in the fashion & lifestyle space ...