The Business Bytes

TBB BUREAU BHUBANESWAR, JANUARY 15, 2021 Union Minister for Steel and Petroleum & Natural Gas Dharmendra Pradhan on Friday exhorted the steel industry leaders to focus on making the industry export-centric and fulfil global requirements too. Addressing a webinar on “New opportunities for steel in construction and infrastructure” organised by the Indian Steel Association, the Minister said, “Aatmanirbhar Bharat and ...

TBB BUREAU BHUBANESWAR, JANUARY 15, 2021 The Pension Fund Regulatory and Development Authority (PFRDA) has allowed National Pension System (NPS) subscribers to partially withdraw amount via self-declaration and receive the amount on the fifth day in their bank accounts.  “PFRDA had taken a series of digital initiatives to reduce turnaround time (TAT) for most of its processes and functions in ...

TBB BUREAU BHUBANESWAR, JANUARY 15, 2021 It’s advisable to go for a good night’s sleep and do exercise 24 hours before taking certain vaccines as it would help maximise the jab’s initial effectiveness, researchers say. The suggestions hold importance in the context of India too as the country goes for a mega immunization drive against Covid-19 on January 16. Researchers ...

PRIYABRAT BISWAL BHUBANESWAR, JANUARY 14, 2021 Leading power sector lender Power Finance Corporation Limited (PFC) on Thursday announced that it would open its Rs 5,000 crore public issue of secured, redeemable Non-Convertible Debentures (NCDs) on January 15, 2021. The NCDs are of face value of Rs 1,000 each. The base issue size is Rs 500 crore with an option to ...

TBB BUREAU BHUBANESWAR, JANUARY 14, 2021 TP Central Odisha Distribution Ltd. (TPCODL), a joint venture between Tata Power and the Government of Odisha, inaugurated an all-women Customer Care Center at Puri Division Office which is the second such center of the discom in Odisha. The Customer Care Center was inaugurated by Puri Deputy Collector Itishree Nayak, in presence of TPCODL’s ...

Sterlite Power appoints Amitabh Prasad as Brazil CEO TBB BUREAU SAO PAULO, JAN 14 Sterlite Power, a leading global developer of power transmission, today announced the appointment of Amitabh Prasad as CEO, Sterlite Power Brazil. After two years of association with the company in various leadership positions, Ricardo Cleber Zangirolami has decided to step down from the CEO position due ...

TBB BUREAU BHUBANESWAR, JANUARY 14, 2021  Reliance Jio has once again topped the 4G download speed chart with average download speed of 20.2 megabit per second (Mbps) in December 2020, as per the latest 4G download speed chart published by TRAI.  The average 4G download speed achieved by Jio in the month of December 2020 is more than double the ...

PRIYABRAT BISWAL NEW DELHI/BHUBANESWAR, JAN 14            Appreciating the efforts of the ICSI for playing a pivotal role in promoting the cause of Good Corporate Governance, Union Commerce & Industry Minister Piyush Goyal said the premier institute’s motto reflects our country’s own corporate governance standards. Speaking at the ICSI National Awards for Excellence in Corporate Governance 2020 on Wednesday, Minister ...

TBB BUREAU BHUBANESWAR, JANUARY 13, 2021 A day after the arrival of the first consignment of Covishield, Odisha received the second consignment of Covid-19 vaccine on Wednesday. A special plane carrying 20,000 doses of Covaxin, manufactured in Hyderabad by Bharat Biotech and Indian Council for Medical Research (ICMR), from Hyderabad arrived at the Biju Patnaik International Airport here today. The ...

TBB BUREAU JAMSHEDPUR/JAJPUR, JAN 12 Day 2 at Dhwani commenced with reflecting on the thoughts and perspectives laid down by India’s foremost thinkers, Swami Vivekananda – Arise, awake, and stop not till the goal is reached. Joining the conclave digitally were over 900 youngsters from 8 locations across Jharkhand and Odisha. In a session with Ravi Choudhary and Anjali Dalmia, ...