The Business Bytes

TBB BUREAU BHUBANESWAR, MARCH 24, 2022 One of the largest integrated Bauxite-Alumina-Aluminium-Power producers in the country, National Aluminium Company Ltd (NALCO) has been adjudged the National Winner of the prestigious Golden Peacock Award for Sustainability, in recognition of its relentless focus on Sustainable mining and environment-friendly practices. Golden Peacock Awards, instituted by the Institute of Directors (IOD), is regarded as ...

TBB BUREAU BHUBANESWAR, MARCH 24, 2022 Jajang Iron Ore Mines of JSW Steel Ltd. has been conferred with the “Best Productivity Excellence Award” for its multiple innovative ideas applied in its mines. The prestigious award was presented by Odisha State Productivity Council on Wednesday during its 47th Annual General Body meeting. The top honour was bestowed on Jajang Iron Ore ...

TBB BUREAU BHUBANESWAR, MARCH 23, 2022 Sadashiv Samantaray has taken charge as the new Director (Commercial) of Navratna CPSE National Aluminium Company Limited (NALCO), on Tuesday. Sadashiv Samantaray Samantaray is a graduate in Mechanical Engineering from GB Pant University of Agriculture and Technology, Pantnagar and MBA from Utkal University. After joining NALCO as a Graduate Engineer Trainee of the second ...

TBB BUREAU ROURKELA, MARCH 23, 2022             The Blast Furnace-I Parvati of Rourkela Steel Plant (RSP) that was re-commissioned after upgradation on May 9, 2018, has surpassed the 3 Million Tonnes (MT) mark in hot metal production on March 21. RSP Director In-Charge Atanu Bhowmick visited the Department and congratulated the larger Blast Furnace collective on this commendable performance. Bhowmick ...

TBB BUREAU SAMBALPUR, MARCH 23, 2022 Indian Institute of Management (IIM) Sambalpur has signed memorandum of understanding (MoU) with the Center for Adivasi Research and Development (CARD) to develop entrepreneurship skills among tribal youths and provide them with quality education. The MoU was signed recently for multi-modal initiatives and projects on teaching, skilling, training and global outreach, IIM Sambalpur said ...

TBB BUREAU SAMBALPUR, MARCH 23, 2022 Mahanadi Coalfields Limited (MCL) has successfully achieved the coal production target of 163 million tonnes (MT) fixed for the current financial year (FY22). The Coal India Limited subsidiary went past its target of 163 MT on Tuesday, making extra efforts to maximize coal production during the remaining nine days of the financial year and ...

TBB BUREAU MUMBAI, MARCH 23, 2022 Union Bank of India launched another set of its next-gen MSME focused branches i.e., Union MSME First Branches (UMFB’s) at 25 locations across the country, taking the total of UMFB’s to 50 locations pan India. The branches were inaugurated by Nidhu Saxena, Executive Director of the bank at a virtual event held on Tuesday. ...

TBB BUREAU BENGALURU/BHUBANESWAR, MARCH 23, 2022         Jio Platforms’ subsidiary Asteria Aerospace, a drone manufacturer and solution provider in India, has launched its end-to-end drone operations platform – SkyDeck. SkyDeck is a cloud-based software platform to deliver a DaaS solution for multiple industry verticals such as agriculture, surveying, industrial inspections, and surveillance and security, a company release said. SkyDeck provides ...

TBB BUREAU KANIHA, MARCH 23, 2022 NTPC Talcher Kaniha on Tuesday inaugurated a 500KW Solar Rooftop project. NTPC Talcher Kaniha Executive Director K Srinivasa Rao inaugurated the 500-Kilowatt project installed on the rooftops of various buildings at NTPC Kaniha. Around 1570 solar panels have been installed across 5000 sq meters of roof top area, which are set to generate 7.66 ...

TBB BUREAU MUMBAI, MARCH 23, 2022 Star Union Dai-ichi Life Insurance (SUD Life) and Dai-ichi Life Japan has partnered with Vakrangee to tap customers living in smaller towns and rural areas. SUD Life is a joint venture between Bank of India, Union Bank of India, and Dai-ichi Life Japan. The partnership with the fintech player, which is at the forefront ...