The Business Bytes

TBB BUREAU NEW DELHI, APR 1, 2023 Maharatna public sector unit Steel Authority of India Limited (SAIL) has achieved the best ever annual production during the financial year 2022-23 ending on 31 March 2023. During the period, the company recorded 19.409 Million Tonnes (MT) of hot metal and 18.289 MT crude steel production with a growth of 3.6 per cent ...

TBB BUREAU MUMBAI, APR 1, 2023 Besides the current modes of settlement in other currencies, trade between India and Malaysia can now be settled in Indian Rupee too. This follows the decision by the Reserve Bank of India in July 2022 to allow settlement of international trade in Indian Rupees. This measure is aimed at facilitating the growth of global ...

TBB BUREAU NEW DELHI, APR 1, 2023 The gross GST revenue collected in the month of March 2023 grew 13 per cent to the second highest ever at Rs 1.60 lakh crore, taking the growth rate of revenue mop-up for full 2022-23 fiscal to 22 per cent. Gross GST revenue collected in March 2023 is Rs 1,60,122 crore, of which ...

TBB BUREAU ROURKELA, APR 1, 2023 “Have the vision of being the Best Steel Plant,” called upon Atanu Bhowmick, Director In-Charge (DIC), to the employees of SAIL-run Rourkela Steel Plant (RSP), while addressing a huge gathering of senior officers and employees of the Plant on the occasion of the Annual Performance Review and Award function on 1st April 2023.  Notably ...

TBB BUREAU BHUBANESWAR, APRIL 1, 2023             Coal India Limited (CIL) subsidiary Mahanadi Coalfields Limited (MCL) on Saturday said that the company has registered a record 193.3 million tonnes of coal production with the highest ever 192.7 million tonnes of coal despatch to consumers during the financial year 2022-23 (FY23).   “The MCL registered a growth of 15 per cent ...

TBB BUREAU NEW DELHI, APR 1, 2023 As part of the second Energy Transition Working Group meeting of India’s G20 Presidency, the Ministry of New and Renewable Energy,  Ministry of Mines and  Ministry of Power will host an official side event, ‘Diversifying Renewables & Critical Minerals Supply Chains to Advance Energy Transition’ on April 3 in Gandhinagar, Gujarat. The event, ...

TBB BUREAU BHUBANESWAR, APRIL 01, 2023 On Utkal Divas, Vedanta Aluminium reiterates its commitment to accelerating Odisha’s growth momentum through its manufacturing excellence and developmental initiatives. Odisha represents Vedanta’s single largest investment anywhere in the world, as home to a world-class 2 million tonnes per annum (MTPA) Alumina Refinery at Lanjigarh in Kalahandi district and the world’s largest Aluminium Smelter ...

TBB BUREAU JODA/BARBIL, MAR 31, 2023  The 18th Punyatithi of Visionary and Founder Chairman of O.P. Jindal Group, Om Prakash Jindal ji was observed at Barbil Pellet Plant, Kasia and Tensa Mines of Jindal Steel & Power on 31st March, 2023. A series of philanthropic and spiritual activities have been organised across the units on this occasion.   The day began ...

TBB BUREAU BHUBANESWAR, MAR 31, 2023 “Maharaja Rajendra Marayan Singh Deo was a true democrat. He was a people’s man. He was a man deeply rooted with his culture,” said noted writer and former diplomat Pawan K Verma, while releasing the book ‘A man among princes’ based on Maharaja Rajendra Narayan Singh Deo, at a function here on Friday. “He ...

TBB BUREAU BHUBANESWAR, MARCH 31, 2023 On the eve  of ‘Utkal Divas’, TATA Tea Premium – Desh Ki Chai, the flagship brand from Tata Tea’s diverse portfolio, on Friday launched #UtkalaKiKala campaign to celebrate Odisha’s rich handloom legacy. Held at Ekamra Haat here, the event brought together celebrities, craft activists, art enthusiasts and karigars all under one roof to launch ...