The Business Bytes

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 ...

TBB BUREAU BHUBANESWAR, AUG 5, 2023 To mark the International Day of the Girl Child on October 11, the British High Commission is offering young Indian women a chance to spend a day as one of the UK’s top diplomats. The annual ‘High Commissioner for a Day’ competition, with focus on Sustainable Development Goals, will provide an opportunity to Indian ...

TBB BUREAU MUMBAI, AUG 3, 2023 LIC Housing Finance on Thursday reported a 43 per cent rise in net profit at Rs 1,324 crore in the April-June quarter (Q1) of the current financial year (FY24). The housing finance subsidiary of LIC had posted a net profit of Rs 925 crore in the year-ago period. The total income in the first ...

TBB BUREAU ROURKELA, AUG 3, 2023 Riding on the best-ever monthly steel production in July this year, SAIL-run Rourkela Steel Plant (RSP) recorded its best ever April-July production performance in key areas in the current financial year (FY24). During April-July 2023 RSP  produced 1503879 tonnes of hot metal, 1373483 tonnes of crude steel and 1381750 tonnes of saleable steel, thereby ...