The Business Bytes

TBB BUREAU BHUBANESWAR, SEPT 06, 2022 Vedanta Aluminium, India’s largest producer of aluminium, on Tuesday said that its Aluminium Smelter-I at Jharsuguda in Odisha has emerged as a national benchmark in water efficiency amongst aluminium smelters in India. The smelter has substantially reduced its Specific Water Consumption (water consumed per unit of metal produced) by around 11per cent in the ...

TBB BUREAU RANCHI, SEPT 06, 2022 Swayamsiddha Ladies Club of NTPC Coal Mining Headquarters in Ranchi on Teachers’ Day felicitated the teachers of one of the oldest schools of Ranchi, St. Michael Blind School, residential school for children with visual impairment. On this occasion, Mahua Mazumder, President, Swayamsiddha Ladies Club conveyed good wishes to the teachers on the occasion of ...

TBB BUREAU BHUBANESWAR, SEPT 06, 2022 Motilal Oswal Financial Services Limited (MOFSL) on Tuesday announced the launch of ‘RESEARCH 360’, a first-of-its-kind financial market research & analysis platform. This unique platform will act as a one-stop destination for the investors and traders to perform detailed fundamental and technical research which will help in taking prudent investment or trading decisions in ...

TBB BUREAU MUMBAI, SEPT 06, 2022 Reliance Industries Ltd (RIL) has signed definitive agreements to acquire a majority stake in the US-based SenseHawk Inc for $32 million. In a regulatory filing late Monday, Reliance Industries said it has inked an agreement to acquire majority stake in SenseHawk for $32 million including funding for future growth, commercial rollout of products, and ...

TBB BUREAU BHUBANESWAR, SEPT 06, 2022 Kotak Mahindra Asset Management Company Ltd on Tuesday announced the launch of Kotak Business Cycle Fund, an open-ended scheme following business cycles based investing theme that would invest in stocks and sectors of the companies that can navigate through economic cycles. The scheme opens for public subscription on 7th September, 2022 and closes on ...

TBB BUREAU BHUBANESWAR, SEPT 05, 2022 Future Generali India Insurance Company Limited (FGII) has launched a comprehensive health insurance product – FG Health Absolute, designed towards empowering customers to actively manage their health and leading a healthy lifestyle. FG Health Absolute comes with a host of wellness benefits provided as a part of the product. The policy helps customers access ...

TBB BUREAU NEW DELHI, SEPT 05, 2022   India’s largest integrated power producer NTPC Ltd has successfully acquired Jhabua Power Limited (JPL) through Corporate Insolvency Resolution Process initiated by National Company Law Tribunal (NCLT), Kolkata. This is the first acquisition of a power asset by NTPC through NCLT route, a step forward in accomplishing NTPC’s long-term capacity targets. Shareholders Agreement ...

TBB BUREAU NEW DELHI, SEPT 05, 2022            On the occasion of Teacher’s Day on Monday, Prime Minister Narendra Modi announced a new scheme — PM-SHRI Yojana — to develop 14,500 schools as model schools that will be equipped with modern infrastructure, including labs, smart classrooms, libraries, and sports facility. Announcing the scheme, the Prime Minister said the schools developed ...

TBB BUREAU NEW DELHI, SEPT 05, 2022 India’s overall coal production increased by 8.27 per cent to 58.33 Million Ton (MT) from 53.88 MT during August, 2022 as compared to August 2021. As per the provisional statistics of the Ministry of Coal, during August 2022, Coal India Ltd (CIL) and captive mines/ others registered a growth of 8.49 and 27.06 ...

TBB BUREAU BHUBANESWAR, SEPT 05, 2022 India’s largest telecom operator Reliance Jio has completed six years of commercial commencement of its services on September 5, 2022. In these six years, the telecom industry witnessed massive transformation and registered over 100 times increase in average per capita data consumption per month. According to data published by Telecom Regulatory Authority of India ...