The Business Bytes

TBB BUREAU MUMBAI, FEB 22, 2023 Indian Prime Minister Narendra Modi, with his Singapore counterpart Lee Hsien Loong, launched the real-time payments system linkage between India and Singapore on February 21, 2023. UPI and PayNow (the online payment system of Singapore) will power this linkage. The State Bank of India, the country’s largest lender, is proud to partner in this ...

TBB BUREAU MUMBAI, FEB 22, 2203 Buoyed by the infrastructure-focused Union Budget, cement demand is set for its third straight year of growth with a 7- 9% jump to ~425 million tonne (MT) in fiscal 2024. However, the outlook on operating margin, which has been under pressure, remains clouded with the prices of key inputs – coal and pet coke ...

TBB BUREAU ANGUL, FEB 22, 2023 The Directorate of Factories & Boilers of Angul district on Wednesday organised a divisional level workshop on the theme “Safety & Health in Coal-fired Thermal Power Plants: Hazards, Controls and Best Practices” at Jindal Steel and Power (JSP) auditorium at Nisha, here. Angul Zone Deputy Director of Factories and Boilers Ramesh Kumar Behera, Angul ...

TBB BUREAU BHUBANESWAR, FEB 21, 2023 TP Central Odisha Distribution Limited (TPCODL) has introduced a special scheme to settle the theft assessment dues for all those who have been booked under power theft. This special scheme is valid for February and March of this year. Assessment defaulters will have to visit their nearest electric sub-division office and regularize their pending ...

TBB BUREAU BHUBANESWAR, FEB 21, 2023            The 18th edition of the “HOME & DECOR” 2023 and India International Mega Trade Fair 2023 will be held from February 25 to March 6at Janata Maidan in the Capital City of Odisha. Organised by the CREDAI Bhubaneswar Foundation, in association with GS Marketing Associates and Bengal Chamber of Commerce, the exhibition will ...

TBB BUREAU NEW DELHI, FEB 21, 2023  India intends to increase the share of renewable energy to 60 per cent of total power demand of each of its major ports from the present share of less than 10 per cent, Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal said on Tuesday. “The ports have also aimed to reduce Carbon ...

TBB BUREAU NEW DELHI, FEB 21, 2023 Data localisation and data explosion are paving the way for a data centre (DC) revolution in India. To cater to the increasing demand, Indian corporates like the Hiranandani Group, the Adani Group, in JV with EdgeConnex, the Reliance Group; foreign investors viz. Blackstone, CapitaLand, Princeton Digital Group; captive consumers viz. Amazon, Microsoft – ...

TBB BUREAU PUNE, FEB 20, 2023 In a big push towards widening the pool of women workforce in the automotive manufacturing sector, Pinnacle Industries has announced one of the largest women-only recruitment campaigns christened as ‘EvolutioNARI’. Pinnacle Industries is India’s leading manufacturer of seating systems, automotive interiors, railway seating ​and specialty vehicles. This distinctive campaign aims to provide a platform for talented ...

TBB BUREAU LANJIGARH, FEBRUARY 20, 2023  The Lanjigarh Unit of Vedanta Limited achieved a new milestone in its relentless pursuit of operational excellence as its in-house laboratory emerged as the first in India to be officially certified as capable of testing calcined alumina on all relevant physical and chemical parameters. The National Accreditation Board for Testing and Calibration Laboratories (NABL) ...

TBB UREAU BHUBANESWAR, FEB 20, 2023 Dalmia Cement (Bharat) Limited (DCBL) on Monday deployed its first fleet of LNG trucks. DCBL has tied up with Green Planet Logistics Pvt Ltd. for this significant initiative towards building a ‘green’ supply chain with an initial order of 35 trucks. The first lot of trucks has been deployed from its Chandrapur Plant in ...