The Business Bytes

TBB BUREAU MUMBAI, MAY 9, 2022 Bank of Baroda (Bank), one of India’s leading public sector banks and named the Best Technology Bank by Indian Banks’ Association (IBA), on Monday announced the launch of an end-to-end Digital Platform to facilitate co-lending of loans in partnership with NBFCs. The platform provides seamless integration between the Bank and multiple NBFC partners to ...

TBB BUREAU NEW DELHI, MAY 9, 2022          Reliance Brands Ltd (RBL) on Monday said it has entered into a long-term franchise agreement with Tod’s SpA to become the official retailer of the Italian luxury lifestyle brand for the Indian market.         As per the agreement, RBL is the official retailer of the brand across all categories, including footwear, handbags ...

TBB BUREAU MUMBAI, MAY 9, 2022 Celebrating its 125th anniversary (1897-2022), Godrej & Boyce, the flagship company of the Godrej Group, today announced an organisation-wide initiative with a focus on bringing new innovative solutions to market that are not only sustainable and but also boost growth across its key B2B and B2C businesses.  Godrej & Boyce plans to double its ...

TBB BUREAU MUMBAI, MAY 9, 2022 Domestic steel prices are showing signs of fatigue after a relentless rally over the past two years following supply disruptions, decarbonization measures globally, especially in China and geopolitical risks stemming from the RussiaUkraine war, which has driven up raw material costs. While prices have defied correction predictions because of continuing uncertainties, some moderation is ...

TBB BUREAU BHUBANESWAR, MAY 8, 2022 Leading steel producer JSW Steel has collaborated with the Odisha government to promote gender equality and to create vibrant opportunity for women empowerment in the State. The company is also actively engaged in creating a holistic environment for the women in workplace as well as creating platforms for livelihood generation. India’s First Women’s Business ...

TBB BUREAU MUMBAI/BHUBANESWAR, MAY 8, 2022  As COVID-19 disrupted livelihoods, Reliance Industries ensured that not only did it protect livelihoods of its existing workforce but also generated new job opportunities for the members of the society. The retail business was the leading job creation vertical hiring over 150000 employees across various functions of the business; this is more than 2x ...

TBB BUREAU BHUBANESWAR, MAY 8, 2022 With the IMD warning that the low-pressure area in the South Andaman Sea and its neighborhood is expected to intensify into a cyclonic storm, electricity distribution company TP Central Odisha Distribution Ltd (TPCODL) has chalked out a detailed disaster management plan to deal with cyclone ‘Asani’, the company said in a statement today. TPCODL ...

TBB BUREAU RANCHI, MAY 8, 2022 State-run Coal India Limited (CIL) has spent more than Rs. 1600 crore on CSR activities in the last three years which is 25 per cent more than the mandated target of Rs. 1284 crore, a senior executive of the Company said. Speaking at the CIL’s first ‘CSR & Sustainability Conclave’ at Ranchi on Saturday, ...

TBB BUREAU ROURKELA, MAY 8, 2022        SAIL-run Rourkela Steel Plant (RSP) has been rendering invaluable contribution in nation building by developing a wide range of newer grade import substitute products as well as high strength defence grade steel. Sustained focus on R&D and best in class manufacturing facilities has helped the Steel Plant to make foray into the elite ...

TBB BUREAU MUMBAI, MAY 7, 2022 India’s largest depository, National Securities Depository Limited (NSDL) celebrated 25 glorious years of service to the Indian capital markets. This momentous occasion was graced by Union Finance Minister Nirmala Sitharaman, Securities and Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch and Chief Postmaster General Veena Ramakrishna Srinivas besides other dignitaries. The event kickstarted ...