The Business Bytes

TBB BUREAU NEW DELHI, MAY 12, 2021 Keeping in view the rapid surge in Covid-19 positive cases during the second wave of the pandemic, Maruti Suzuki India has extended free service and warranty period up to June 30, 2021. Toyota Kirloskar and MG Motor India too have extended warranty and service validity of all schedules due in April and May. ...

TBB BUREAU BHUBANESWAR, MAY 12, 2021 India’s leading auto-tech company CarDekho Group has appointed media industry professional Mayank Jain as the CEO of its new auto business. Jain will be responsible for strengthening the organization’s new auto offering, and deepening engagement with OEMs, dealer network and other enterprise partners, the platform said in a release. He will be reporting to ...

TBB BUREAU NEW DELHI, MAY 12, 2021 The Union government on Wednesday approved the procurement of 1.5 lakh units of ‘Oxycare’ system developed by the Defence Research and Development Organisation (DRDO) to help in the treatment of COVID-19 patients. The ‘Oxycare’ systems will be procured at a cost of Rs 322.5 crore using the PM-Cares Fund, according to the Defence ...

TBB BUREAU NEW DELHI, MAY 12, 2021 Private steel behemoth Jindal Steel and Power Ltd (JSPL) on Wednesday reported consolidated profit after tax (PAT) of Rs 1,900.51 crore during the fourth quarter (Q4) ended March 31,  2021, while attributing it to higher income. Its “net profit after tax from continuing operation” in the year-ago quarter was at Rs 82.13 crore, ...

TBB BUREAU NEW DELHI, MAY 12, 2021     The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved signing of Memorandum of Understanding (MoU) between Institute of Chartered Accountants of India (ICAI) and Qatar Financial Centre Authority (QFCA). The MoU would enhance cooperation between the Institutes to work together to strengthen the Accounting profession and entrepreneurship base in ...

TBB BUREAU BHUBANESWAR, MAY 11, 2021 Further consolidating its No. 1 position in Odisha, Reliance Jio has added over 1.9 lakh new subscribers in the month of February 2021, as per the latest telecom subscriber data released by TRAI, on Tuesday. With this, Jio has extended its market leadership in the state with over 1.4 crore mobile subscribers and 41 ...

TBB BUREAU BHUBANESWAR, MAY 11, 2021 Aditya Birla Group company Utkal Alumina International Limited (UAIL) is engaged in meaningful welfare initiatives in communities living in proximity of its plant. One of its initiatives “Project Saksham” is reaching out to the unemployed rural women and helping them become self-reliant through income generation. Since its commencement in February 2015, it has trained ...

TBB BUREAU BHUBANESWAR, MAY 11, 2021 National Technology Day 2021 on May 11 celebrates the achievements and contributions of Indians to science and technology. This day serves as a reminder of India breaking into the elite group of nations with nuclear weapons. On May 11, 1998, India conducted three successful nuclear tests at the Indian Army’s Pokhran Test Range in ...

TBB BUREAU KALINGANAGAR, MAY 9, 2021 The supply of Liquid Medical Oxygen (LMO) from Tata Steel’s Kalinganagar Plant through Indian Railways’ Oxygen Express started today. The Oxygen Train with seven cryogenic containers, carried 132 tons of LMO from Kalinganagar in Jajpur district to Delhi. This is the first Oxygen Express to carry LMO from the Kalinganagar Plant of Tata Steel. ...

TBB BUREAU NEW DELHI, MAY 8, 2021 The leaders of the European Council on Saturday expressed their desire to further strengthen the India-EU Strategic Partnership based on a shared commitment to democracy, fundamental freedoms, rule of law and multilateralism. During the India-EU Leaders’ Meeting held in a hybrid format, the leaders exchanged views on three key thematic areas — foreign ...