The Business Bytes

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 ...

TBB BUREAU NEW DELHI, JUNE 1, 2022 The gross revenue from Goods and Service Tax (GST) in the month of May 2022 came in at Rs 140,885 crore, witnesing a year-on-year (YoY) growth of 44 per cent over the corresponding period in the previous year, data showed on Wednesday. This is the fourth time the monthly GST collection crossed Rs ...

TBB BUREAU NEW DELHI, MAY 31, 2022            Country’s largest power generating company NTPC on Tuesday said that the commercial operation at unit-3 of 660 megawatt (MW) capacity of Nabinagar Power Generating Company Limited (NPGCL) in Bihar, will begin from midnight.           “Unit-3 of 660 MW capacity of Nabinagar Power Generating Company Limited (wholly-owned subsidiary of NTPC Limited) is ...

TBB BUREAU LANJIGARH, MAY 31, 2022 Vedanta Limited, Lanjigarh unit, India’s premier producer of metallurgical grade alumina, sensitized local communities on the health impacts of tobacco consumption on World No-Tobacco Day today. While the adverse effects of consuming tobacco are well documented, millions continue to be affected by it each year. This is due to the general lack of awareness ...