The Business Bytes

TBB BUREAU MUMBAI/NEW DELHI, MAY 15, 2023 Globally diversified natural resources conglomerate Vedanta Limited on Monday announced the appointment of Sonal Shrivastava as the Chief Financial Officer (CFO) of the company with effect from June 1, 2023. She joins Vedanta from Holcim Group where she worked as the CFO for Asia Pacific, Middle East & Africa operations. In her role ...

TBB BUREAU NEW DELHI, MAY 15, 2023 Vedanta Ltd. has the best dividend yield in the last one year among large cap stocks at 26 per cent,. as per a report by Axis Securities. It is followed by Hindustan Zinc at 24 per cent, Coal India at 10 per cent, ONGC at 8 per cent and Power Grid, Tata Steel, ...

TBB BUREAU NEW DELHI, MAY 15, 2023 In a boost to domestic manufacturing of earth-moving equipment used in mines, Coal India Ltd (CIL) has decided to phase out imports over a period of 5-6 years, the Coal Ministry said on Monday. According to the government, CIL imports high-capacity equipment such as Electric Rope Shovel, Hydraulic Shovel, Dumpers, Crawler Dozers, Drill, ...

TBB BUREAU BHUBANESWAR, MAY 15, 2023 Odisha Millets Mission is taking major strides in collaborating with Restaurants and Chefs to promote Odisha’s millets. Odisha’s mission of bringing its Millets from Farm-to-Plate is on the rise, as the State Government is taking various unique initiatives to promote the consumption of millets across the State. One such drive was seen at the ...

PRIYABRAT BISWAL BHUBANESWAR, MAY 14, 2023 Seeing today’s newspapers flooded with Mother’s Day messages, my little niece asked me – “Mamu, why didn’t you write a message for ‘Bou’? You could have won a prize!” I preferred to remain silent rather than giving a reply to her, as I didn’t have suitable words to explain to a 10-year-old girl that ...

TBB BUREAU BHUBANESWAR, MAY 13, 2023 Aditya Aluminium, an Aditya Birla Group company has recently initiated a unique healthcare initiative titled ‘Project Swasthya Vahini’, in the Lapanga Block of Sambalpur district. The prime objective of Project ‘Swasthya Vahini’ is to accord basic healthcare services — both curative and preventive — at the doorsteps of the villagers. In doing so, it ...

TBB BUREAU PARADIP, MAY 13, 2023 In a remarkable achievement, Paradip Port Authority (PPA) has bagged three awards in the categories like No.1 Major Port for overall annual performance, for achieving the highest incremental improvement for cargo handled, and for achieving the best performance for Ship Berth Day Output during the year 2022-23 under the  “Sagar Shreshtha Samman” awards. PPA ...

TBB BUREAU NEW DELHI, MAY 13, 2023 The Ministry of Ports, Shipping and Waterways (MoPSW) has achieved a remarkable feat, securing the second position among 66 ministries in the Data Governance Quality Index (DGQI) assessment for the third quarter of FY2022-23. The Ministry has achieved an impressive score of 4.7 out of 5, further highlighting the ministry’s commitment to excellence ...

TBB BUREAU BHUBANESWAR, MAY 12, 2023 Adding yet another feather to its cap of pride and performance, Orissa Stevedores Limited (OSL) has recently been adorned with the prestigious “Best Stevedores for the Year 2022-23” award by the Paradip Port Authority (PPA) for handling the highest cargo. On behalf of OSL, GM (Commercial) Harihar Dash and GM (O) Subash Acharya received ...

TBB BUREAU JODA/BARBIL, MAY 12, 2023 Sweta Rani Mahanta who brought laurels for Odisha and Joda-Barbil region by winning gold medal at the Moscow Wushu Stars 2023 International Tournament, was felicitated by Jindal Steel & Power Barbil Pellet Plant Unit Head Purushotham MD at the plant auditorium, on Friday. Mahanta has been trained and nurtured by JSP Foundation, the social ...