The Business Bytes

TBB BUREAU ROURKELA, OCT 18, 2023 Rourkela Ispat Trust (RIT) and Apollo Hospitals on Wednesday formally announced the launching of the partnership for operation of the state-of-the-art Ispat Post Graduate Institute and Super Speciality Hospital (IPG & SSH). The function was graced by Rourkela Steel Plant (RSP) Director In Charge & RIT Governing Board Chairman Atanu Bhowmick, Rourkela ADM Dr. ...

TBB BUREAU SAMBALPUR, OCT 18, 2023 Coal India Ltd Chief Vigilance Officer Brajesh Kumar Tripathy has underscored the imperative of ongoing commitment and the establishment of a resilient framework to enhance control measures, ensuring the prevention of resource pilferage. Tripathy, who was on his maiden visit a two-day tour of Mahanadi Coalfields Ltd (MCL) beginning Monday, emphasised the pivotal role ...

TBB BUREAU NEW DELHI, OCT 18, 2023 High inventory amid falling prices to impact profitability; lab grown diamonds pose threat The Indian diamond polishing industry will see revenue drop 30-35% on-year to $14-15 billion this fiscal as an economic slowdown in its main markets — the US, the European Union (EU) and China — cuts demand. These three geographies account ...

TBB BUREAU MUMBAI, OCT 17, 2023 In a strategic move aimed at fostering collaboration and investment prospects between Japan and India, the Gujarat Government invited Vedanta to the roadshow targeting Japan’s major electronics players, ahead of the 10th Vibrant Gujarat Global Summit. Vedanta, a global natural resources and technology conglomerate, highlighted the tremendous investment opportunities in India, especially in Gujarat, ...

TBB BUREAU BHUBANESWAR, OCT 17, 2023 The Confederation of Indian Industry (CII) will organise the National Mining and Construction Equipment Summit, here on Thursday to deliberate on sustainable mining practices. The summit will bring together manufacturers of heavy equipment, mining companies including PSUs, PSEs, private mine operators, spares and component manufacturers, retailers and distributors, defence and government departments, downstream sectors ...

TBB BUREAU MUMBAI, OCT 17, 2023 Electric vehicle manufacturer Odysse has unveiled a new iteration of its domestically produced E2GO electric scooter, known as the Graphene model, which is competitively priced at Rs 63,650 (introductory price, ex-showroom Ahmedabad). The E2GO Graphene boasts an impressive single-charge range of up to 100 kilometres, with its portable battery capable of a full recharge ...

TBB BUREAU HYDERABAD, OCT 17, 2023 Freyr Energy, a leading tech-enabled rooftop solar company in India, has secured an equity investment of INR 58 Crores. Freyr Energy is at the forefront of sustainable change accelerating the transition to solar energy for the retail customers (Homeowners and Micro, Small, and Medium Enterprises) in India. The round was led by EDFI ElectriFI, ...

TBB BUREAU BARBIL, OCT 17, 2023 A Digital Skill Centre set up by ArcelorMittal Nippon Steel India (AM/NS India) was inaugurated by Tulasi Munda at Thakurani, Barbil on Monday. Aligned to the Skill India Mission, it is an initiative under “Daksh”, the flagship CSR project of AM/NS India for skill development. In the first year, 200 students will be imparted ...

TBB BUREAU NEW DELHI, OCT 17, 2023 National development bank SIDBI on Monday announced a growth accelerator programme for small NBFCs to help them become eligible for bank funding. Under the initiative, being carried out in association with the global alliance for mass entrepreneurship and national NBFC lobby FIDC (Finance Industry Development Council), it has onboarded 18 small NBFCs as ...

TBB BUREAU BHUBANESWAR, OCT 16, 2023 The public hearing for the Sijimali Bauxite Mining was completed successfully on Monday. Sijimali Bauxite Block spread over an area of 1549.022 hectares located in the Rayagada and Kalahandi districts with an estimated reserves of 311 million tonnes of bauxite and annual production capacity of 9 million metric tonnes, was allotted to Anil Agarwal-led ...