The Business Bytes

TBB BUREAU ROURKELA, OCT 7, 2022  SAIL-run Rourkela Steel Plant (RSP) has registered its ‘best-ever’ H1 production performance in the three key areas viz.  Hot Metal, Crude Steel and Saleable Steel. In the April-September period of Financial Year 2022-23, RSP produced 21,28,528 tonnes of Hot Metal, 19,91,121 tonnes of Crude Steel and 18,37,458 tonnes of Saleable Steel which are highest for ...

TBB BUREAU JHARSUGUDA, OCT 7, 2022 Vedanta Aluminium, India’s largest producer of aluminium, observed Rashtriya Poshan Maah at Jharsuguda, undertaking a month-long awareness programme on good food and nutrition, healthy eating practices, balanced diet, importance of indigenous food, etc. The programme was held across 125 anganwadis, benefitting more than 2,000 women and children in Jharsuguda. The month of September was ...

TBB BUREAU NEW DELHI, OCT 7, 2022 The Union government on Friday invited bids from investors for privatising IDBI Bank by selling a total of 60.72 per cent stake in the bank.         The last date for submission of bids or Expression of Interest (EoI) is December 16.         Currently, Life Insurance Corporation (LIC) holds 529.41 crore shares representing ...

TBB BUREAU NEW DELHI, OCT 7, 2022 Rungta Mines Ltd., the leading Steel manufacturer, market its product under the Brand name “Rungta Steel TMT Bar” officially launched their new television commercial (TVC) featuring Bollywood’s Ekdum solid couple Alia Bhatt and Ranbir Kapoor. In the TV commercial, content Alia and Ranbir are seen talking about their new home while spending time ...

The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry has notified the establishment of the Credit Guarantee Scheme for Startups (CGSS) for providing credit guarantees to loans extended by Scheduled Commercial Banks, Non-Banking Financial Companies and Securities and Exchange Board of India (SEBI) registered Alternative Investment Funds (AIFs). CGSS is aimed at providing credit ...

TBB BUREAU NEW DELHI, OCT 7, 2022 SenRa, a pan India LoRaWAN public network operator, today announced the release of an Internet of Things (IoT) network planning and survey software, Netsy. The software is the latest edition to SenRa’s portfolio of service and solution offerings, that allow network operators to improve the quality and reliability of public and private IoT ...

TBB BUREAU PUNE, OCT 7, 2022 Marlabs LLC., a leading digital solutions company, announced the grand opening of its new Digital Development center in Pune. Marlabs is looking forward to tapping into the wealth of software and development talent available in the region. Marlabs’ new Digital Development center in Pune will train, upskill, and reskill employees in the technologies needed ...

TBB BUREAU MUMBAI, OCT 6, 2022 Football Sports Development Limited (FSDL) Founder and Chairperson Nita Ambani today said that the 2022-23 season of the Hero Indian Super League would be a key milestone for the league and Indian Football. The 2022-23 season of Hero Indian Super League (ISL) kicks off on Friday, as last season’s runners-up Kerala Blasters host East ...

TBB BUREAU MUMBAI, OCT 6, 2022 Billionaire Isha Ambani, who recently took charge of the retail business of Reliance Group, on Thursday announced India’s first-of-its-kind space in Mumbai that will be focused on arts, culture and fashion. According to an official statement issued by Reliance Industries Limited, the cultural centre was dedicated to Isha’s mother Nita Ambani, who is an ...

TBB BUREAU NEW DELHI, OCT 6, 2022 Beset with Sri Lanka’s economic crisis, Pakistan’s catastrophic floods, a global slowdown, and impacts of the war in Ukraine, South Asia faces an unprecedented combination of shocks on top of the lingering scars of the COVID-19 pandemic. Growth in the region is dampening, says the World Bank, underscoring the need for countries to ...