The Business Bytes

New Delhi, April 1, 2024 (TBB Bureau): The Steel Authority of India Limited (SAIL) on Monday reported a remarkable 7 percent surge in saleable steel production, reaching an unprecedented 18.4 million tonnes for the fiscal year ending March 31, 2024 (FY24) as compared to FY23. In addition to the surge in saleable steel, SAIL achieved its highest-ever sales volume, totalling ...

Bhubaneswar, Apr 1, 2024 (TBB Bureau) Tata Power Central Odisha Distribution Limited (TPCODL) joyously celebrated Utkal Divas on Monday, honoring the rich cultural heritage and historical significance of Odisha. Utkal Divas, observed annually on April 1st, commemorates the formation of the Odisha state in 1936. Odisha, renowned for its breathtaking architecture, vibrant art, music, and dance, stands as a testament ...

Paradip Port emerges as top cargo handling Major Port in India for FY24, sets new records Paradip, April 1, 2024 (TBB Bureau) Paradip Port Authority (PPA) has achieved a significant milestone by emerging as the highest cargo handling major port in India for the fiscal year 2023-24, surpassing previous records and nudging past Deendayal Port, Kandla. With an incredible cargo ...

Ahmedabad, April 1, 2024 (TBB Bureau) Adani Ports and Special Economic Zone Ltd (APSEZ) has achieved unprecedented success in the fiscal year 2023-24, surpassing all expectations by handling a record-breaking 420 million metric tonnes (MMT) of cargo, marking a substantial 24% year-on-year increase. The achievement includes both domestic and international ports, with domestic ports contributing over 408 MMT of the ...

Bongaigaon April 1, 2024 (TBB Bureau) KC Muraleedharan on Monday assumed the mantle of Business Unit Head at NTPC Bongaigaon. With a sterling career spanning over thirty years, Muraleedharan brings a wealth of experience and expertise to his new role in Assam’s power sector. A graduate in Mechanical Engineering from Bhopal University, Muraleedharan’s journey with NTPC began in 1989 as ...

TBB BUREAU KOLKATA, MARCH 31, 2024 Coal India Ltd. is poised to achieve a production output of approximately 773.7 million tonnes (MT) for the fiscal year 2023-24 (FY24), representing nearly a 10 per cent increase compared to the previous year, company sources said. Despite this growth, it is anticipated that Coal India may fall slightly short of its target of ...

TBB BUREAU JAMSHEDPUR, MAR 31, 2024 In a poignant ceremony commemorating the International Transgender Day of Visibility, Tata Steel’s West Bokaro Division welcomed a fresh cohort of 14 transgender employees into its fold as trainees for heavy earth moving machinery operators. With this addition, the company’s transgender workforce has now expanded to a total of 120 individuals, reaffirming Tata Steel’s ...

TBB BUREAU NEW DELHI, MAR 31, 2024 State-owned power giant NTPC Ltd. announced on Sunday that it has achieved a record-breaking annual electricity generation of 422 billion units in the fiscal year 2023-24. Notably, NTPC coal stations attained a plant load factor (PLF), or capacity utilization, of 77 percent during this period, as per the statement released by NTPC. India’s ...

TBB BUREAU NEW DELHI, MAR 31, 2024 In a landmark initiative aimed at safeguarding and enhancing India’s cultural legacy, the Sabhyata Foundation has been entrusted with the stewardship of four of the country’s most iconic monuments as part of the visionary “Adopt a Heritage 2.0” project initiated by the Ministry of Culture and the Archaeological Survey of India (ASI). This ...

TBB BUREAU NEW DELHI, MAR 31, 2024 Indian Oil Corporation Limited and Japan’s Panasonic Energy Co. Ltd., a subsidiary of the Panasonic Group, have inked a binding term sheet to establish a joint venture dedicated to producing cylindrical lithium-ion cells within India. This collaboration aims to cater to the burgeoning market of electric two-wheelers, three-wheelers, and energy storage systems. The ...