The Business Bytes

TBB BUREAU BHUBANESWAR, JULY 18, 2022 Union Asset Management Company Pvt Ltd, co-sponsored by Union Bank of India and Dai-ichi Life Holdings, Inc, has announced the launch of Union Gilt Fund. It is an open-ended debt scheme investing a minimum of 80% of its total assets in government securities (across maturities). The New Fund Offer (NFO) of Union Gilt Fund ...

TBB BUREAU MUMBAI, JULY 18, 2022 Union Bank of India today launched an Industry-first, dedicated, women-focused Committee ‘EmpowerHer’ as part of its flagship HR initiative ‘Prerna’. The program aims to promote women’s career trajectory and improve diversity in the bank by navigating through existing biases and challenges. Union Prerna is the HR Transformation initiative of Union Bank of India, aimed ...

TBB BUREAU NEW DELHI, JULY 17, 2022 With the focus on long-term security of coal, Vedanta Limited hopes to bring into operation Jamkhani and Radhikapur (West) coal blocks in Odisha during the current financial year i.e. FY2022-23.        Billionaire Anil Agarwal-led Vedanta bagged the Jamkhani coal block and the Radhikapur West coal block through auctions in 2019 and 2020, respectively. ...

TBB BUREAU NEW DELHI, JULY 17, 2022 Global steel behemoth Tata Steel plans capital expenditure (capex) to the tune of Rs 8,500 crore on its India operations during the current financial year, the company’s Chief Executive Officer T V Narendran said. In India, the focus will be on the Kalinganagar project expansion and mining activity, Narendran, who is also the ...

TBB BUREAU NEW DELHI, JULY 17, 2022 Reinforcing its commitment to India’s next generation workforce on the occasion of World Youth Skills Day, Dalmia Bharat Foundation (DBF) has launched its new DIKSHa (Dalmia Institute of Knowledge and Skill Harnessing) Centre at Kolhapur in Maharashtra. This also marks DBF’s social transformation journey to create opportunities for the nation’s youth and enable ...

TBB BUREAU BHUBANESWAR, JULY 17, 2022 With the motto of “Innovating Happiness”, Varmora Granito Pvt Ltd – one of India’s leading tile, sanitaryware and bathware brand – has launched an exclusive range of premium sanitaryware, faucets, kitchen sink, water heaters and bathware accessories. Over 350 dealers and distributors across the country participated for the national launch and dealer meet organised ...

TBB BUREAU BHUBANESWAR, TIKIRI, JULY 17, 2022 Utkal Alumina International Limited (UAIL), a subsidiary of Hindalco Industries Limited of Aditya Birla Group which is committed towards the health and wellbeing of its periphery villagers, sprang into action as soon as came to know about the outbreak of diarrhoea in Kashipur Block. A responsible corporate, UAIL sent its medical team along ...

TBB BUREAU JHARSUGUDA, JULY 17, 2022 Curious Cubs Pre-school, an initiative to bridge the towering gap in the standard and quality of early childhood education between eastern India and rest of the developed parts of the country, has opened its new centre in Jharsuguda. The centre was inaugurated on Sunday by Vedanta Jharsuguda CEO Sunil Gupta and Odisha Health and ...

TBB BUREAU NEW DELHI, JULY 16, 2022 Riding on higher income, Naveen Jindal-led Jindal Steel and Power (JSP) registered a multifold jump in its consolidated net profit to Rs 2,770.88 crore for the quarter ended June 30, 2022 (Q1FY23), the Company said in a BSE filing on Friday. JSP’s total income in Q1FY23 went up to Rs 13,069.17 crore from ...

TBB BUREAU BHUBANESWAR, JULY 15, 2022 As part of Azadi Ka Amrit Mahotsav, Navaratna CPSE National Aluminium Company Ld. (NALCO) participated in the iconic week celebration of the Union Mines Ministry, by launching 300 smart classrooms in 120 government-run schools. At a function held in hybrid mode, Union Mines Secretary Alok Tandon in presence of NALCO Chairman-cum-Managing Director Sridhar Patra ...