The Business Bytes

TBB BUREAU MUMBAI, FEB 4, 2021 Reliance Marcellus, LLC, a wholly owned subsidiary of Reliance Industries Limited toay announced the signing of agreements to divest all of its interest in certain upstream assets in the Marcellus shale play of south-western Pennsylvania. These assets, which are currently operated by various affiliates of EQT Corporation, have been agreed to be sold to ...

TBB BUREAU BHUBANESWAR, FEB 4, 2021 On the occasion of World Cancer Day, leading multispecialty health care institution Apollo Hospitals organised a mega cyclothon and some other programmes to spread awareness about the deadly disease. The cyclothon was flagged off by Sudhir M. Diggikar, Regional CEO of Apollo Hospitals Enterprise Limited in presence of Dr. Ashish Chandra, Director Medical Services; ...

TBB BUREAU BHUBANESWAR, FEB 3, 2021           The Odisha government today assured all necessary support to the Steel Authority of India Limited (SAIL) and urged the CPSU to undertake more corporate social responsibility (CSR) activities in the state.           The state government’s assurance was given by Chief Minister Naveen Patnaik when SAIL’s newly appointed Chairperson Soma Mandal met him today. ...

TBB BUREAU MUMBAI, FEBRUARY 3, 2021 Riding on the post-Budget euphoria and positive global cues the BSE Sensex closed above the historic 50,000-mark for the first time ever today. After touching a record intra-day high of 50,526.39, the 30-share BSE benchmark ended at 50,255.75, up 458.03 points. Similarly, the broader NSE Nifty surged 142.10 points to its fresh closing record ...

TBB BUREAU BHUABNESWAR, FEB 3, 2021 Max Bupa, one of India’s leading standalone health insurance players, today announced its expansion plans in Bhubaneswar and other markets of Odisha, as part of its business expansion plan. The company which started its operations in Bhubaneswar, Sambalpur and Berhampur today, targets to clock Rs 25 crore gross written premium from Odisha, including Rs 15 ...

TBB BUREAU BHUBANESWAR, FEB 3, 2021 Private life insurer SBI Life Insurance registered a New Business Premium of Rs. 14,437 crore for the period ended on 31st December, 2020 against Rs. 12,787 crore in the year-ago period. Single premium increased by 42 percent over the corresponding year. Establishing a clear focus on protection, SBI Life’s protection new business premium stood ...

TBB BUREAU MUMBAI, FEB 2, 2021 Country’s largest lender State Bank of India (SBI) has announced the launch of its unique shopping carnival – ‘YONO Super Saving Days’. Commencing on the 4th of February, the four-day shopping extravaganza which is concluding on the 7th is all set to offer an exclusive range of discounts and cashback to the users of ...

TBB BUREAU BARBIL, FEBRUARY 2, 2021 JSW Steel Limited has been conferred with mining safety awards in the recently held 58th Annual Safety Week Celebration-2020 (metalliferous mines) in Chaibasa region at Rajgangpur. In the group A-1 category, Jajang Iron ore mines received Best Innovation award and in Group A-2, Nuagaon iron ore mines received Best Workshop Facility. In the Group ...

PRIYABRAT BISWAL BHUBANESWAR, FEBRUARY 2, 2021 TP Central Odisha Distribution Limited (TPCODL), a joint venture between Tata Power and the Government of Odisha, will introduce smart meters in its distribution areas from April this year. Talking to media persons here on Tuesday, TPCODL Chief Executive Officer (CEO) M Shenbagam informed that in the first phase smart meters would be provided ...

TBB BUREAU ROURKELA, FEBRUARY 2, 2021 “RSP (Rourkela Steel Plant) is doing extremely well on all fronts. However, the challenges and expectations become high when you are at the peak. We must not be content with our achievements. Let’s strive further not only to sustain the momentum but also to excel further in our every endeavor,” said Soma Mondal, Chairman, ...