The Business Bytes

TBB BUREAU NEW DELHI, DEC 31, 2022 The roll out of center’s new integrated food security Scheme is set to begin on 1 January 2023, officials said on Saturday. As per the decision made by cabinet, led by Prime Minister Narendra Modi, the new Scheme would provide free food grains to 81.35 crore beneficiaries under NFSA, for the year 2023. ...

TBB BUREAU ROURKELA, DEC 31, 2022 The Steel Melting Shop-II (SMS-II) of SAIL-run Rourkela Steel Plant (RSP) surpassed the historic milestone of production of 50 Million Ton (MT) crude steel on Friday. With this, the journey that had commenced in March 1996 with commissioning of the SMS-II has now entered a higher orbit. The 50 MT crude steel production was ...

TBB BUREAU NEW DELHI, DEC 31, 2022 Non-banking finance company Sundaram Finance on Saturday said that it would revise interest rate on its term deposits with effect from January 1, 2023. The rate on 12-month deposit would be increased to 7.20 per cent, 7.50 per cent for a tenure of 24 months and for 36 months it would be 7.50 ...

TBB BUREAU NEW DELHI, DEC 31, 2022 The Union Government has deepened the reach of the Pradhan Mantri Bhartiya Janaushadhi Pariyojana (PMBJP) with the opening of more than 9000 stores covering 743 out of 766 districts across the country. The number of Jan Aushadhi Kendras has now increased to 9000 from 8610 in the last financial year. The Government has ...

TBB BUREAU BHUBANESWAR, DEC 30, 2022 Navratna CPSE National Aluminium Company Limited (NALCO) has launched a new downstream product – Aluminium LED Cap stock in Alloy AA1100 with temper H12 in coil form. The product was formally launched by Union Mines Secretary Vivek Bharadwaj in virtual mode during his visit to NALCO Corporate office on Thursday. NALCO Chairman & Managing Director Sridhar Patra, ...

TBB BUREAU BHUBANESWAR, DEC 30, 2022 At a time when most of the farmers of Odisha are opting for high yield varieties of paddy, the Aditya Birla Group Company Aditya Aluminium Lapanga has successfully convinced western Odisha farmers to go for the indigenous variety of black rice, popularly known as ‘Kalabati’ rice which was lost over the years. Aditya Aluminium’s ...

TBB BUREAU ANGUL, DEC 30, 2022 Union Coal Secretary  Amrit Lal Meena and Coal India Ltd. (CIL) Chairman Pramod Agarwal on Thursday visited the Coal Gasification Plant (CGP) of Jindal Steel & Power (JSP)  in  its 6 MTPA integrated steel making facility in Angul, Odisha.  Jindal Steel & Power extended a warm welcome to Meena and Agarwal to the world’s ...

TBB BUREAU BHUBANESWAR, DEC 29, 2022 Lauding state-run National Aluminium Company Ltd. (NALCO) for its stellar and record-breaking performance, Union Mines Minister Pralhad Joshi on Thursday said that the aluminium major is a bright example of Atmanirbhar Bharat (self-reliant India). Addressing the employees during his visit to NALCO Corporate office, here today, Joshi said, “Organizations like NALCO and many other ...

TBB BUREAU JHARSUGUDA, DEC 28, 2022 On Christmas Eve, Vedanta Aluminium undertook an innovative safety sensitization campaign at its plant and township with ‘Safety Santa’. Dressed up as Santa Claus, the company’s safety personnel visited various plant sites and homes of employees to reiterate the core tenets of safety at work and home in an engaging manner. Safety awareness is ...