The Business Bytes

TBB BUREAU NEW DELHI, DEC 22, 2022   The Bureau of Indian Standards (BIS) has awarded the first license to produce Structural Weather Resistant Steel (Corten Steel), conforming to IS 11587, to Tata Steel’s Jamshedpur plant. The license is given to Tata Steel as part of India’s larger endeavour to reduce the country’s dependence on import of shipping containers manufactured ...

TBB BUREAU BHUBANESWAR, DEC 22, 2022 It is of utmost importance to conserve energy for a better future, said TP Central Odisha Distribution Limited (TPCODL) Chief Executive Officer M Shenbagam. Speaking on the importance of energy conservation, Shenbagam said, “Natural resources can no longer be taken for granted. While we are gradually migrating to clean and green energy, it is ...

TBB BUREAU BHUBANESWAR, DEC 22, 2022 DCB Bank, a new-generation private sector bank is actively involved in advancing socio-economic causes and fulfilling the aspirations of individuals – especially the vulnerable communities – to adopt sustainable behaviour and practices and transform the communities. A case in point is the Bank’s thrust to create sustainable livelihood opportunities and sustainable development by improving ...

 TBB BUREAU ANGUL, DEC 22, 2022           In a nail-biting finish, Team Dare Devil beat Team Spartans by six runs to win the Panther Champion Trophy of the Panther Cricfest 2022, the inter-departmental mega cricket tournament, organized by Jindal Officers’ Club (JOC) of Jindal Steel & Power (JSP) under flood light here on Wednesday. Put in to bat by Spartans ...

TBB BUREAU MUMBAI, DEC 22, 2022 Reliance Retail Ventures Ltd. (RRVL), a subsidiary of Reliance Industries Ltd., on Thursday said it has signed definitive agreements to acquire 100% equity stake in Metro Cash & Carry India Pvt Ltd. for a total cash consideration of Rs 2,850 crore, subject to closing adjustments. METRO India started operations in India in 2003 as ...

TBB BUREAU MUMBAI, DEC 22, 2022 Indian Oil Corporation (IOC), the nation’s largest oil firm, has selected Reliance Jio’s managed network services to connect a fifth of its petrol pump network. JioBusiness, the Enterprise arm of Reliance Jio Infocomm Ltd will be deploying and managing SD-WAN (Software Defined Wide Area Network) for IOCL across its 7,200 retail outlets for a ...

TBB BUREAU MUMBAI, DEC 22, 2022 As India emerges as the global sourcing hub, the Government-promoted Plastics Export Promotion Council (PLEXCONCIL) will organise the country’s first ever export-focused trade fair for plastic industry from 15-17 June 2023 in Mumbai.  “India currently exports plastics to over 200 countries and due to the changing business paradigm, we see a major opportunity for ...

TBB BUREAU BHUBANESWAR/ANGUL/RAIGARH/RANCHI, DEC 21, 2022 Expanding its ambit to provide financial assistance to more women and girls from weaker sections of society, JSP Foundation, the CSR wing of Jindal Steel & Power (JSP), on Wednesday launched the second edition of the Yashasvi programme. JSP Foundation Chairperson Shallu Jindal inaugurated the programme and presented scholarship award letters to 5122 women ...

TBB BUREAU BHUBANESWAR, DEC 21, 2022     Dalmia Bharat Foundation (DBF), the Corporate Social Responsibility (CSR) arm of Dalmia Cement (Bharat) Ltd. (DCBL) in collaboration with National Bank for Agriculture and Rural Development (NABARD) organized a valedictory ceremony for DIKSHa trainees. Around 190 students were felicitated for successful completion of the training by Tapas Kumar Behera, DDM-NABARD, Sundergarh, along with ...

TBB BUREAU BHUBANESWAR, DEC 21, 2022 In a significant achievement, Reliance Jio, the most preferred mobile service provider in Odisha with highest number of mobile subscribers, has now also become the No. 1 service provider in the wireline segment, dislodging BSNL from the position, as per the latest telecom subscriber data released by TRAI, this week.  Jio has further consolidated ...