The Business Bytes

TBB BUREAU BHUBANESWAR, DEC 30 Jindal Steel & Power Limited (JSPL) becomes India’s first private company to get “Regular Supplier” status from Indian Railways to supply 60kg 880 grade (90UTS)Rails. With this, Indian Railways, its subsidiary and track laying contractors can source 60kg 880 grade (90UTS) Rails manufactured by JSPL and utilize them for their ongoing and upcoming projects, the ...

PRIYABRAT BISWAL BHUBANESWAR, DEC 29 Hisar-based Jindal Stainless (Hisar) Ltd (JSHL) on Tuesday said its board has approved the company’s merger into the country’s largest stainless steel maker Jindal Stainless Ltd (JSL). In a joint statement, JSHL and JSL claimed the merger will create a mega stainless steel entity that will be among the top-10 stainless steel companies in the ...

TBB BUREAU NEW DELHI, DEC 29 India’s homegrown digital financial services platform Paytm on Tuesday announced that corporate gifting of Paytm Gift Wallet Cards and 24-Karat Digital Gold has crossed Rs. 100 crore in yearly GMV. With the ongoing pandemic, more companies are adopting the offerings by Paytm Payouts as a safe, efficient, and cost-effective way to spread the festive ...

PRIYABRAT BISWAL MUMBAI, DEC 29 FMCG major Godrej Consumer Products Limited (GCPL) on Tuesday said it has forayed into home cleaning products, a segment which is witnessing fast growth after the Covid-19 pandemic. GCPL offers toilet, bathroom and floor cleaners under its newly-launched brand Godrej ProClean, the company said in a statement. The brand’s USP is its ‘best quality at ...

TBB BUREAU MUMBAI, DEC 29 The Water and Effluent Treatment business of L&T Construction has secured an EPC order involving design, engineering, supply and installation of plant and equipment to lay 135 km of slurry pipeline and water pipeline systems between Bacheli and Nagarnar and associated facilities in Chhattisgarh. L&T is already executing a pumping facility as part of another ...

TBB BUREAU NEW DELHI, DEC 29     India’s leading PSB Punjab National Bank (PNB) has now successfully completed the IT integration of all branches of erstwhile United Bank of India (UBI). This is in continuation to the IT integration of all branches of erstwhile Oriental Bank of Commerce, undertaken in November 2020. With this, PNB has completed the integration and ...

TBB BUREAU BENGALURU, DEC 29 Acer, the market leader in PC gaming in India, announced the winner of its 4th edition of mega eSports tournament Acer Predator League India 2020 where 16 finalists from PUBG PC, 4 semifinalists from Valorant, and that for Valorant for Woman competed against each other in their respective tournament. While COVID-19 obligated the event to ...

PRIYABRAT BISWAL BHUBANESWAR, DEC 28 Even as Tata Steel expands its manufacturing footprint in India through organic and inorganic growth, it continues to remain committed to the cause of the environment and sustainability. Over the last few years, the steel behemoth has made considerable progress on several environmental parameters. Those include 100 per cent solid waste utilisation, greenhouse gas emission ...

PRIYABRAT BISWAL BHUBANESWAR, DEC 28 The doctors at city-based AMRI Hospitals performed a complex ABO incompatible (mismatch blood group) kidney transplant successfully. A 23-year old young man from Dhenkanal, with B +ve blood group was on dialysis after both of his kidneys failed. Though his mother with AB +ve blood group was willing to donate one of her kidneys, it ...

TBB BUREAU NEW DELHI, DEC 28 State-run power major NTPC on Monday said its Dulanga coal mine is commercially operational from October 1, 2020. “…based on achievement of approved norms and due approval; Dulanga Coal Mine (in Odisha) of NTPC Limited, having an ultimate peak rated annual capacity of 7 Million Tonnes Per Annum, is declared commercial operation from October ...