The Business Bytes

TBB BUREAU NEW DELHI, MAY 11, 2022 Oil Marketing Companies (OMCs) Bharat Petroleum Corporation Limited (BPCL), Indian Oil Corporation Ltd (IOCL) and Hindustan Petroleum Corporation Limited (HPCL) have entered into a long-term purchase agreement (LTPA) for upcoming dedicated ethanol plants across India. The first set of Tripartite-cum-Escrow Agreement (TPA) was signed among OMCs, project proponents and Banks of the respective ...

TBB BUREAU BHUBANESWAR, MAY 11, 2022 JSP Motorrad has been appointed as the second BMW Motorrad dealer partner in Bengaluru. The dealership is located at No. 162, Kathalipalya, 80 Feet Main Road, Koramangala 4th Block, Bangalore, Karnataka – 560034 and is headed by Sudarshan Ponraj, Dealer Principal, JSP Motorrad. “BMW Motorrad delivers a promise not only of outstanding products, but ...

TBB BUREAU BHUBANESWAR, MAY 11, 2022 Ziqitza Healthcare Limited (ZHL), the operating agency for 108 Ambulance services in Odisha, on Wednesday felicitated 13 meritorious children of its staff members who were top scorers in the Class 10th examinations. The awards were given under the Ziqitza Odisha Scholarship 2022, organized here today. Besides, ZHL also felicitated its ambulance employees for showing ...

TBB BUREAU BHUBANESWAR, MAY 11, 2022  There is a growing level of propensity to buy insurance, especially in tier-2 and 3 cities of India, finds a survey conducted by an online insurance marketplace. Policybazaar, one of India’s largest online insurance marketplaces, conducted an online survey to understand the changing consumer sentiment towards insurance purchase, household finances and investments over the ...

TBB BUREAU ROURKELA, MAY 11, 2022 State-run Steel Authority of India Limited (SAIL) Director (Commercial) VS Chakravarthy visited Hot Strip Mill-2 of Rourkela Steel Plant (RSP) on Tuesday. He was accompanied by RSP Director In-charge Atanu Bhowmick, ED (Sales & ITD) ML Agarwal, and other senior officers of the Plant. At Hot Strip Mill-2, Chakravarthy was received by CGM In-charge ...

TBB BUREAU AHMEDABAD, MAY 11, 2022 Asian Granito India Limited (AGL)’s Rs. 441 crores Rights Issue, largest ever by any Ceramic Company in India, achieved successful closure, receiving overwhelming response from the shareholders and investors despite challenging times. The public portion of the Rights Issue was subscribed more than 1.38 times receiving bids for 6.87 crore shares or Rs. 432 ...

TBB BUREAU BHUBANESWAR, MAY 10, 2022 Continuing its rapid expansion across various key cities and towns in Odisha, JioFiber, the most popular high-speed broadband service in the country, has now commenced its services in key areas of major cities and towns across the state. Further consolidating its leadership in the high speed broadband segment in the state, JioFiber broadband service ...

TBB BUREAU NEW DELHI, MAY 10, 2022 Cement maker Dalmia Bharat has reported around 6 per cent decline in consolidated net profit at Rs 599 crore for the fourth quarter (Q4FY22) ended March 2022. It had clocked a net profit of Rs 640 crore in the year-ago period, Dalmia Bharat said in a regulatory filing. However, revenue from operations was ...

TBB BUREAU NEW DELHI, MAY 10, 2022 Vedanta Aluminium, India’s largest producer of aluminium, has signed a Memorandum of Understanding (MoU) with the National Forensic Sciences University (NFSU), Gandhinagar to promote Research, Training and Academic initiatives for its security professionals. National Forensic Science University (NFSU) is a renowned and the one and only Forensic Science University in the world, known ...

TBB BUREAU ANGUL, MAY 9, 2022 A one of its kind industrial promotion event, “Advantage Angul” is being conducted at the Angul Aluminium Park on 9th and 10th May 2022, in joint collaboration by the Industries Department, MSME Department, Start Up–Odisha, and the District Administration Angul. This first of its kind event outside the state capital was inaugurated today by ...