The Business Bytes

TBB BUREAU BHUBANESWAR, FEBRUARY 4, 2022 Ramesh Chandra Joshi on Friday took charge as the new Director (Finance) of Navaratna CPSE National Aluminium Company Limited (NALCO).   Prior to the new assignment, he was working as Group General Manager (Finance). An experienced finance professional, Joshi has a rich experience in various area of Finance spanning over 32 years, which includes ...

TBB BUREAU ANGUL, FEBRUARY 4, 2022 JSPL Foundation, the Corporate Social Responsibility arm of Jindal Steel and Power (JSP), on Friday observed World Cancer Day at its periphery village in Angul. On this occasion, the medical staff of JSP’s Angul Unit attended a programme to educate the community about the signs and symptoms of cancer, and how a person can ...

TBB BUREAU ROURKELA, FEBRUARY 4, 2022 Rourkela Steel Plant (RSP), a unit of Maharatna steel conglomerate SAIL, registered ‘best-ever’ performance in key areas in the first 10 months of the current fiscal i.e. April-2021 to January-2022. RSP produced 35,73,209 tons of Hot Metal, 32,96,549 tons of Crude Steel and 30,08,678 tons of Saleable Steel to register Year-on-Year (Y-o-Y) growth of ...

TBB BUREAU NEW DELHI, FEBRUARY 4, 2022 The Department of Expenditure, Ministry of Finance, today released monthly Post Devolution Revenue Deficit (PDRD) Grant of Rs. 9,871 crore to 17 States.  This was the 11th instalment of the PDRD grant released to the States. The Post Devolution Revenue Deficit Grants are provided to the States under Article 275 of the Constitution. ...

TBB BUREAU MUMBAI, FEBRUARY 4, 2022 Reliance Industries’ telecom arm Jio Platforms on Friday announced an investment of $15 million in Two Platforms Inc, a Silicon Valley-based deep tech startup, founded by Pranav Mistry, for a 25 per cent equity stake on a fully diluted basis. Founded by former Samsung Technology and Advanced Research president and CEO Pranav Mistry, Two ...

TBB BUREAU MUMBAI, FEBRUARY 4, 2022 India’s leading fashion company Aditya Birla Fashion and Retail Ltd (ABFRL) will set up a platform to foray in the direct-to-consumer (D2C) business. The board of directors of the company in their meeting on Friday approved the setting up of the new subsidiary. Its D2C platform is focused towards building a portfolio of distinct, ...

TBB BUREAU BHUBANESWAR, FEBRUARY 4, 2022 With the improvement in Covid-19 situation in Odisha, All India Institute of Medical Sciences (AIIMS), Bhubaneswar will resume its OPD service from February 7, AIIMS Bhubaneswar Medical Superintendent Prof. Dr. S N Mohanty said today. The Covid cases have come down in the state during the recent past and there has been a demand ...

TBB BUREAU BHUBANESWAR, FEBRUARY 3, 2022           The Vedanta BALCO Medical Centre (BMC), which has emerged as central India’s leading cancer care hospital, has tied up with Odisha Government’s Biju Swasthya Kalyan Yojana (BSKY), creating easier avenues for BSKY beneficiaries to avail quality cancer care. Launched earlier in January by the State Government, the Biju Swasthya Kalyan Yojana aims to ...

TBB BUREAU GOA, FEBRUARY 3, 2022 Kerala Blasters FC will look to get back to winning ways and continue their push for a top spot when they take on rock-bottom NorthEast United FC in the Hero Indian Super League at the Tilak Maidan Stadium on Friday. A resurgent Bengaluru FC ended Kerala’s 10-game unbeaten streak with a 1-0 win in ...

TBB BUREAU MUMBAI, FEBRUARY 3, 2022 Future Generali India Insurance Company Limited (FGII) on Wednesday announced the launch of its innovative ‘FG Gift of Health’ product. Through this unique offering, FGII aims to empower individuals by providing them with an insurance product that can be gifted by anyone to support and secure people who matter to them, be it the ...