The Business Bytes

TBB BUREAU BHUBANESWAR, APR 29, 2023 Acknowledging the significant contribution made by the automobile dealers’ community to Odisha’s development, Governor Professor Ganeshi Lal said, “The automobile dealer industry is a dynamic industry, and has been one of the core members of the economic ecosystem of the nation. The dealers are an important pillar of this mechanism.” Inaugurating Vyapar Odisha meet, ...

TBB BUREAU BHUBANESWAR, APR 29, 2023 Tata Power Central Odisha Distribution Limited (TPCODL) successfully concluded its month-long consumer awareness programme ‘Apananka Mitra, Apananka Sathire’ on Saturday. The initiative, which was launched on the occasion of Utkal Divas, aimed to educate consumers about various consumer-friendly initiatives and facilities introduced by the company to improve power distribution services in its licensed area ...

TBB BUREAU GABON (AFRICA)/BHUBANESWAR, APR 29, 2023 CSM Tech, an Indian IT consulting company with an active business footprint in Africa, has signed a multi-million dollar contract with the Ministry of Economy and Recovery in Gabon, for implementation of a timber traceability solution and an electronic timber trade platform for the Ministry. The agreement was signed by Nicole Jeanine Lydie ...

TBB BUREAU NEW DELHI, APR 29, 2023 The government on Saturday appointed Rajneesh Karnatak as the Managing Director of Bank of India (BoI) and Debadatta Chand as the head of Bank of Baroda (BoB). Karnatak, presently working as the Executive Director of Union Bank of India, has been appointed as the Managing Director & CEO of Bank of India for ...

TBB BUREAU ROURKELA, APR 29, 2023             The Continuous Casting Machine-2 (CCM-2) belonging to the Steel Melting Shop-2 (SMS-2) Department of Rourkela Steel Plant (RSP) has set a fresh record in casting the longest ever sequence of heats. The unit registered an all time best castings of 222 heats during the record sequence. Notably, it’s also the best sequence performance ...

TBB BUREAU CHANDIGARH, APR 29, 2023 Former MP from Kurukshetra, Naveen Jindal, today paid floral tributes to former chief minister of Punjab, Late Sardar Parkash Singh Badal, at his residence in village Badal of Bathinda district in Punjab.  “Sardar Parkash Singh Badal Ji was a great leader, son of the soil and one of the most charismatic leaders of masses, ...

TBB BUREAU NEW DELHI, APR 28, 2023 SBI Cards and Payment Services Ltd (SBI Card) on Friday reported a marginal increase in its net profit to Rs 596 crore in the quarter ended March 2023 as against a net profit of Rs 581 crore reported in the same quarter of the previous fiscal. The company’s total income during the January-March ...

TBB BUREAU ROURKELA, APR 28, 2023 The Biju Patnaik Hockey Stadium of Rourkela Steel Plant (RSP) has been accorded FIH Category-2 Hockey field certificate. The certificate is valid till February 8, 2026. In the certificate, FIH has mentioned that Biju Patnaik Hockey Stadium has been tested and shown to comply with the requirements of an FIH Category-2 hockey field. With ...

TBB BUREAU BHUBANESWAR, APR 28, 2023 At a time when a section of media circulating biased reports on energy distribution company Tata Power Central Odisha Distribution Limited (TPCODL)’s alleged careless attitude towards consumers’ grievances, the discom has been working day and night to provide quality electricity to its consumers even in remote areas under its jurisdiction. TPCODL is building a ...

TBB BUREAU MUMBAI, APR 28, 2023 Ageas Federal Life Insurance, one of India’s leading private life insurance companies, on Friday announced its financial results for the 12-month period ending March 31, 2023, reporting a net profit of Rs 114 crore. Ageas Federal’s total premium rose by 4 per cent to Rs 2,289 crore in FY 2022-23 from Rs 2,207 crore ...