The Business Bytes

TBB BUREAU NEW DELHI, DEC 10, 2021 Luxury motorcycle brand Ducati on Friday announced an increase in price on all motorcycles which will be effective on ex-showroom India price, and will be introduced on January 1, 2022. The revised prices will come into effect across all models and variants of the vehicle, across the country and will be applicable on ...

TBB BUREAU GOPALPUR/BHUBANESWAR, DEC 9, 2021 Smartchem Technologies Limited (STL), a 100% subsidiary of Deepak Fertilisers and Petrochemicals Corporation Limited (DFPCL), on Thursday performed groundbreaking ceremony and foundation stone laying of its Technical Ammonium Nitrate (TAN) complex at Gopalpur Industrial Park in Odisha. Odisha Chief Minister Naveen Patnaik laid the foundation of the project in presence of Smartchem Technologies Limited ...

TBB BUREAU ANGUL, DEC 9, 2021 The employees of Jindal Steel and Power Ltd (JSPL)’s Angul Unit, led by Executive Director Damodar Mittal, paid floral tributes to General Bipin Rawat and other brave souls who lost their lives in the helicopter crash at Coonoor in Tamil Nadu yesterday. As a mark of respect, the employees gathered at the Power Plant ...

TBB BUREAU NOIDA, DEC 9, 2021 Leading technology company HCL Technologies (HCL) has named Santhosh Jayaram as its Global Head of Sustainability, reaffirming the organization’s commitment to integrating sustainability as a key element of its business and growth. Jayaram’s appointment will help HCL refine and focus its existing agenda and strategy in the critical areas of Environmental, Social and Governance, ...

TBB BUREAU BHUBANESWAR, DEC 9, 2021 KfW IPEX-Bank is providing USD82 million in financing to support Austrian companies Primetals Technologies Austria GmbH and Andritz AG in supplying products and services to the Indian market leader in stainless steel production, Jindal Stainless Limited (JSL). JSL is procuring capital equipment from Europe as part of its plan for an expansion of its ...

TBB BUREAU MUMBAI, DEC 9, 2021 Bank of Baroda (BoB) has signed a MoU with Centrum Housing Finance Limited (CHFL) for sourcing and financing the housing loan borrowers under Co-lending Model (CLM) mechanism. The MoU was signed today by Harshadkumar T Solanki, General Manager, Mortgage and Other Retail Assets, Bank of Baroda; and Sanjay Shukla, MD and CEO of CHFL. ...

TBB BUREAU BHUBANESWAR, DEC 9, 2021 In a bid to create an opportunity for learning and to impart nuances of Laparoscopic Urology, the Urology Department of AIIMS-Bhubaneswar successfully conducted an observership programme in Advanced 3-D Laparoscopic Urology. The two-day programme witnessed an overwhelming response as consultants and faculties from reputed institutions of India participated in the programme. Various surgeries were ...

TBB BUREAU NEW DELHI, DEC 9, 2021 Paytm Payments Bank has gained Reserve Bank of India approval to function as a scheduled payments bank, it said on Thursday, helping it to widen its financial services operations. Paytm Payments Bank, a niche bank that cannot lend on its own, had more than 64 million savings accounts and over Rs 5,200 crore ...

TBB BUREAU NEW DELHI, DEC 9, 2021 Despite being hit by the lack of construction activities due to covid-19 for a year, the steel industry has bounced back and had reported a 25.6% growth in crude steel production in the first eight months of year 2021, Infomerics Valuation and Rating said on Thursday. According to government data, the country’s crude ...

TBB BUREAU BHUBANESWAR, DEC 9, 2021 Customers in Odisha have responded enthusiastically to Navi’s 100% digital, paperless app-based health insurance launched last December. With wide coverage of 125 network hospitals spread across Odisha, ranging from Shanti Memorial Hospital in Cuttack to Gupta Nursing Home in Barla, the state has emerged among the important markets for Navi Insurance, contributing close to ...