The Business Bytes

TBB BUREAU MUMBAI, AUG 8, 2023 Owing to strong demand from the infrastructure, real estate, irrigation, and water supply and sanitation (WSS) sectors, revenue of electric resistance welded (ERW) steel pipes manufacturers is expected to grow 10-12 per cent in the current financial year (FY24), a CRISIL report said on Tuesday. The industry had logged 16-18 per cent growth last ...

TBB BUREAU MUMBAI, AUG 7, 2023 Union Bank of India MD & CEO A. Manimekhalai on Monday virtually inaugurated the launch of 200 Micro Processing Centres (MPCs) pan India which will facilitate sourcing, sanction and disbursement of Micro Credit Applications with the help of Business correspondence. The main agenda is to meet the growing demand in microcredit proposals, including various ...

TBB BUREAU NEW DELHI, AUG 7, 2023 In a one-of-its-kind inclusive step within the domestic manufacturing sector, Vedanta Aluminium, India’s largest producer of aluminium, has introduced a ground-breaking ‘Gender Reaffirmation Leaves and Compensation Policy’ for LGBTQ+ employees employed at its operations. The policy extends to staff members at all its locations, including its mega aluminium smelter at Jharsuguda and world-class ...

TBB BUREAU BHUBANESWAR, AUG 7, 2023 Jindal Steel & Power (JSP) on Monday observed the 93rd birth anniversary of its founder Om Prakash Jindal, popularly known as  Bauji,  at its Angul plant and surrounding geography  conducting  several  participatory community friendly programmes. Early in the morning, Angul Location Head and Executive Director In-Charge, Hridayeshwar Jha, and Executive Director, Damodar Mittal, led ...

TBB BUREAU MUMBAI, AUG 07, 2023 India’s top commercial electric vehicle manufacturer Altigreen has partnered with Axis Bank, one of the largest private sector banks in India, to provide customized retail financing alternatives to its customers. This partnership is aligned to streamline and simplify the purchasing process and empower customers in their transition to electric mobility. Axis Bank’s extensive range ...

TBB BUREAU CHENNAI, AUG 7, 2023 iOPEX Technologies, a global leader in digital transformation and technology services has launched iOPEX.AI, an advanced enterprise AI framework that enables businesses to re-invent themselves. The framework with five stages – discover, evolve, leverage, transform and accelerate – will enable businesses to deliver transformative solutions. Sharing details about the new offering, iOPEX Technologies CEO ...

TBB BUREAU BHUBANESWAR, AUG 7, 2023 Bandhan Bank on Monday announced its tie-up with the Odisha Government to help strengthen payment solutions for Odisha Tourism Development Corporation (OTDC) Ltd. The Bank has provided Point of Sale (PoS) machines to facilitate card payments by tourists. Prime locations including Puri, Bhubaneswar, Konark, Chilika and Gopalpur will be covered under this tie-up, the ...

TBB BUREAU MUMBAI, AUG 7, 2023 Transforming the landscape of banking services, AU Small Finance Bank has achieved an unprecedented feat with the launch of its groundbreaking customer service 24×7 via Video Banking. A trailblazer in the financial sector, AU Small Finance Bank proudly becomes the pioneer in India to introduce tailor-made video assisted branch-like experience, delivering a seamless banking ...

TBB BUREAU BHUBANESWAR, AUG 7, 2023 In what could bring immense cheer for the social security pension aspirants, Odisha Chief Minister Naveen Patnaik on Monday sanctioned Madhu Babu Pension (MBP) benefits for additional 4.13 lakh applicants. With this, the target of Madhu Babu Pension Yojana has been enhanced to 32.75 lakh.  Earlier 28.61 lakh beneficiaries were getting benefits under the ...

TBB BUREAU BHUBANESWAR, AUG 7, 2023 Handlooms occupy a major share in supporting large number of livelihoods in the rural economy. To upkeep the tradition, integrate the weavers and provide training, design development, credit, etc, National Bank for Agriculture and Rural Development (NABARD) has been supporting for setting up of Off Farm Producer Organisations (OFPOs) across the country. Odisha has ...