The Business Bytes

TBB BUREAU AHMEDABAD, APRIL 26, 2021 Diversified business conglomerate Adani Group has joined India Inc’s efforts to secure and augment medical oxygen supplies amid a growing shortage of the life-saving gas in the wake of spiralling Covid cases in the country. The Gautam Adani-led group has arranged four ISO cryogenic tanks with 80 tonnes of liquid oxygen from Saudi Arabia; ...

TBB BUREAU BHUBANESWAR, APRIL 22, 2021          Hindalco’s Aditya Aluminium is helping people of Lapanga Village in Sambalpur district to become self-reliant through its Project “Swabalmb”. The objective of this project is to hone the skills of the rural youngsters by imparting training in vocational skills, and make them employable. Since its commencement in October 2020 through the PPP mode, ...

TBB BUREAU BHUBANESWAR, APRIL 15, 2021 Aditya Aluminium, a unit of Aditya Birla Group’s metal flagship company Hindalco Industries, launched the ‘Jala Bahini’ scheme on Wednesday, to provide clean drinking water at the doorstep of 3,000 households across 52 villages under 6 gram panchayats of Rengali Block, during peak summer season. This initiative would provide 5,000 litres of safe drinking ...

TBB BUREAU MUMBAI, APRIL 13, 2021 Capri Global Capital Ltd (CGCL), an NBFC focused on MSME and housing finance, has come up with affordable housing loans – Prime, with the interest rate starting from 7.99 percent onwards both for urban and rural customers. The non-banking finance company, in a statement, said all salaried employees employed with government, public and private ...

TBB BUREAU BHUBANESWAR, APRIL 13, 2021 AirAsia (India) Limited has signed a long-term agreement with NAVBLUE to use N-Flight Planning, Airport Obstacle Database (AODB), and Flysmart+ services. AirAsia India, a NAVBLUE customer since start of its operations in 2014, has also signed up for Navigation+. The NAVBLUE solutions portfolio provides an efficient path for AirAsia India to grow and expand ...

TBB BUREAU NEW DELHI, APRIL 13, 2021  In a bid to strengthen its rural presence and move closer to the customers in the remote areas, Renault India today announced its partnership with CSC Grameen eStore, a subsidiary of CSC eGovernance Services India Limited (CSC-SPV). As a part of the partnership, Renault India’s leading product range will be listed on the ...

TBB BUREAU NEW DELHI, APRIL 12, 2021  Celebrating its illustrious legacy of 127 years of service to the nation, Punjab National Bank on Monday launched a unique pilot project PNB@Ease outlet. The model offers “Banking-on-the-Go” service where every transaction undertaken by a bank branch will be initiated and authorized by the customers themselves. The service can range from savings accounts ...

TBB BUREAU MUMBAI, APRIL 12 Tata Consultancy Services (TCS) on Monday reported a 14.9 per cent growth in its consolidated net profit for the January-March quarter (Q4) of Financial Year 2020-21 on a year-on-year (YoY) basis at Rs 9,246 crore. The company had reported a consolidated net profit of Rs 8,049 crore during the corresponding period in FY20. The revenue ...

TBB BUREAU CUTTACK, APRIL 12, 2021 In response to Chief Minister Naveen Patnaik’s call for a 14-day ‘Mask Abhiyan’ to keep Covid-19 at bay, Odisha Stevedores Limited (OSL) has decided to distribute one lakh masks free of cost among people. In a special programme organised in front of OSL Corporate Office here on Monday, OSL Chairman Mahima Mishra launched the ...

TBB BUREAU NEW DELHI, APRIL 12  Vedanta, India’s largest producer of aluminium and its value-added products, has signed a memorandum of understanding (MoU) for value-creation from bauxite residue (red mud), which is a by-product generated during processing of bauxite into alumina using the Bayer process. Bauxite is the primary ore for aluminium, that undergoes an intermediate refining stage to produce ...