The Business Bytes

TBB BUREAU NEW DELHI, APRIL 17, 2023 Indian Railways has registered record revenue figures of Rs. 2.40 lakh crore for the Financial Year 2022-23 which is nearly Rs.49,000 crore more than the previous year, reflecting 25% growth. During financial year 2022-23, Freight revenue too has leapfrogged to Rs.1.62 lakh crore, a growth of nearly 15% on previous year. Indian Railways’ ...

TBB BUREAU NEW DELHI, APR 17, 2023 Vedanta Aluminium, India’s largest producer of aluminium, has augmented its 2400 MW thermal power plant with Industrial Internet of Things (IIoT) devices in fabric filters to improve emissions control. Fabric filters are special bag filters placed after electrostatic precipitators in chimneys to collect or particulate matter from the hot gas emanating from the ...

TBB BUREAU BHUBANESWAR, APR 17, 2023 AU Small Finance Bank has become to the first commercial bank in India to integrate with the Bharat Bill Payment System (BBPS), to launch the bill payment services through video banking. The primary aim of this initiative is to promote digital accessibility and enhance economic capability leading to greater financial inclusion. AU Small Finance ...

TBB BUREAU NEW DELHI, APR 17, 2023 Fabindia Limited, India’s largest consumer lifestyle platform for handcrafted products made by artisans from across India, on Monday announced the appointment of Rajeshwari Srinivasan as its Chief Executive Officer, effective April 2023. Rajeshwari succeeds Viney Singh, who after seven successful years as Managing Director and CEO, has decided to retire. He will continue ...

TBB BUREAU NEW DELHI, APR 17, 2023 Anil Agarwal-led Vedanta Group on Monday said it has signed memoranda of understanding (MoUs) with 20 Korean firms from the display glass industry for development of an electronics manufacturing hub in India. The MoUs were signed at the recently-concluded ‘Korea Biz-Trade Show 2023’ organised by KOTRA, the trade and investment promotion organisation operated ...

TBB BUREAU BHUBANESWAR, APR 17, 2023 In its bid to serve the rural customers in a better way, Tata Power Central Odisha Distribution Limited (TPCODL) inaugurated nine new Bidyut Seva Kendras (BSKs) across Athagarh Division, on the occasion of Maha Vishuba Sankranti, also celebrated as Odia New Year on friday. Earlier this week, around 25 BSKs were inaugurated in various ...

TBB BUREAU SONIPAT, APR 17, 2023 G20 Presidency of India aims for inclusive, resilient and sustainable growth, said Amitabh Kant, G 20 Sherpa of India, at the Distinguished Public Lecture entitled: ‘India’s Presidency of G20: The Way Forward’ to mark the inauguration of the Jindal Global Centre for G20 Studies at O.P. Jindal Global University (JGU).  Kant dwelt on a ...

TBB BUREAU BHUBANESWAR, APR 16, 2023 As part of part its strategy to expand its retail footprint in the Eastern region of the country, Kalyan Jewellers on Sunday announced that it will open a new showroom at Rourkela which will be its third showroom in Odisha. Bollywood actor Ranbir Kapoor will inaugurate the showroom at RR Plaza on Panposh Road ...

TBB BUREAU GURUGRAM, APR 16, 2023 MG Motor India has announced the commencement of production for the upcoming Comet EV at its Halol plant in Gujrat. The Comet is based on the SAIC group’s GSEV platform. A press release from the carmaker noted that the GSEV-based vehicles have been very successful in global markets, with more than one million units ...

TBB BUREAU JHARSUGUDA, APR 14, 2023 On National Safe Motherhood Day, Vedanta Aluminium conducted a series of awareness sessions on maternal health, nutrition and neonatal care for pregnant and lactating mothers in Jharsuguda. The sessions were conducted at a Nand Ghar in Brundamal village. As part of the program, essential checks for pregnancy-induced hypertension, gestational diabetes and other pregnancy-related ailments ...