The Business Bytes

TBB BUREAU PARADIP, OCT 26, 2022 “Paradip Port Authority (PPA) will continue its journey to remain in the forefront for providing a clean environment to the local populace,” said PPA Chairman PL Haranadh, here today. Launching three more Mechanised Road Sweeping Machines to clean the arterial and sub-arterial roads of the Port Township, PPA Chairman Haranadh said, “The newly commissioned ...

TBB BUREAU KOLKATA, OCT 26, 2022 Personal and healthcare products maker Emami has signed Bollywood actor Akshay Kumar as the new brand ambassador for its power brand BoroPlus Ayurvedic antiseptic cream. The FMCG major said it is upbeat about the cream brand joining hands with “Bollywood Ka All-Rounder” which is expected to spark new chemistry to propel the brand forward. ...

TBB BUREAU MUMBAI, OCT 25, 2022 Nothing much seemed to have changed in the bylanes of Nasirabad, a small cantonment town in Ajmer, Rajasthan. Tailoring shops dating back to the British Raj brushed shoulders with feral cattle, while anxious men on plump scooters ran their daily errands, squirming through tight corners like goldfish on steroids. They, however, slowed down in ...

TBB BUREAU MUMBAI, OCT 22, 2022  Reliance Jio Infocomm Limited (Jio) on Saturday announced that it is introducing JioTrue5G-powered Wi-Fi services in high footfall areas such as educational institutes, religious places, railway stations, bus stands, commercial hubs etc. This is in addition to the Jio​ ​True5G service, and the Jio Welcome Offer launched recently in Delhi, Mumbai, Kolkata, and Varanasi. ...

TBB BUREAU MUMBAI, OCT 22, 2022 The board of Reliance Industries (RIL) on Friday approved a scheme of arrangement under which the EPC and infrastructure undertaking of Reliance Projects and Property Management Services (RPPMSL), a wholly-owned subsidiary of RIL, is proposed to be demerged into RIL. This demerger, together with the existing EPC team in RIL, creates a focused EPC ...

TBB BUREAU MUMBAI, OCT 21, 2022 The board of Reliance Industries (RIL), at its meeting held on Friday, approved to demerge the company’s financial services undertaking into Reliance Strategic Investments (RSIL). The financial services undertaking will be renamed Jio Financial Services Limited (JFSL). JFSL would be listed on the Indian stock exchanges. RSIL is currently a wholly-owned subsidiary of RIL ...

TBB BUREAU BALIAPAL, OCT 21, 2022 Subarnarekha Port Private Limited (SPPL) has set up a centre of J N Tata Vocational Training Institute (JNTVTI), the premier skill development training institute of Tata Steel, at Baliapal in Balasore district of Odisha. The institute seeks to benefit local youths by enhancing their skills, thereby boosting job opportunities. The centre was inaugurated today ...

TBB BUREAU MUMBAI, OCT 21, 2022 In an endeavour to make the non-invasive early-stage cancer diagnosis an affordable reality, Tata Steel’s New Materials Business has signed a Technology Transfer Agreement with IIT Roorkee for a breath-based Cancer Detector. The agreement to this effect was signed on October 17, 2022. IIT Roorkee’s team of professors- Prof. Indranil Lahiri, Prof. Partha Roy, ...

TBB BUREAU NEW DELHI, OCT 21, 2022 Marking OP Jindal Group’s foray in the niche defence and aerospace segment, stainless steel player Jindal Stainless Limited (JSL) has signed an agreement with state-owned Yantra India Ltd for the development and manufacturing of defence products. In a statement, JSL said its defence vertical Jindal Defence & Aerospace (Jindal Defence & Aerospace) has ...

TBB BUREAU BHUBANESWAR, OCT 21, 2022 As some state governments decided to revert to the old pension scheme (OPS), a senior official of the PFRDA said that the respective governments should take prudent financial decisions before re-introducing the OPS. Speaking on the sidelines of the Annuity Literacy Programme (ALP) here, Pension Fund Regulatory and Development Authority (PFRDA) Chairman Supratim Bandyopadhyay ...