The Business Bytes

Bhubaneswar, August 28, 2024 (TBB Bureau): An important memorandum of understanding (MoU) was signed between Khanij Bidesh India Limited (KABIL) and Oil India Ltd. (OIL) at NALCO’s Corporate Headquarters in Bhubaneswar on Wednesday. The agreement was formalized by Sadashiv Samantray, Director (Commercial) of NALCO & CEO of KABIL, and Ranjan Goswami, Executive Director (Business Development) of OIL, in the presence ...

New Delhi, August 28, 2024 (TBB Bureau): The Ministry of Ports, Shipping, and Waterways (MoPSW) has approved a wage structure revision for workers at India’s major ports, averting an indefinite strike that threatened to disrupt operations across 12 major ports in the country. This development follows the signing of a memorandum of understanding (MoU) between the Bipartite Wage Negotiation Committee ...

Berhampur, August 28, 2024 (TBB Bureau): TP Southern Odisha Distribution Limited (TPSODL) is making waves with its latest initiative aimed at promoting a robust sports culture and enhancing the mental and physical well-being of its employees. The company has rolled out an extensive series of sports events and wellness initiatives across all its operational areas in Southern Odisha. The program, ...

New Delhi, August 28, 2024 (TBB Bureau):  The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved three major railway projects with a combined estimated cost of Rs 6,456 crore. The projects, undertaken by the Ministry of Railways, are slated for completion by the fiscal year 2028-29 and are expected to generate approximately 114 lakh ...

Bongaigaon, August 28, 2024 (TBB Bureau): In a major step to enhance healthcare services in Assam, NTPC Bongaigaon has signed a Memorandum of Agreement (MoA) with the Assam Cancer Care Foundation (ACCF) to launch a comprehensive cancer care project in Kokrajhar district. As part of its Corporate Social Responsibility initiative, this project, valued at Rs 32.7 lakh, aims to provide ...

Ranchi, August 27, 2024 (TBB Bureau):  The NTPC Swayamsiddha Ladies Club, based at the Coal Mining Headquarters in Ranchi, distributed essential food items and groceries to 40 needy families in Mahadev Toli village, Namkum, Ranchi, as part of its CSR initiative. The distribution was carried out under the guidance of Rekha Jain, President of the Swayamsiddha Ladies Club, in collaboration ...

New Delhi, August 27, 2024 (TBB Bureau): Vedanta Ltd, led by Anil Agarwal, has amassed a Rs 30,000-crore war chest through recent fundraising activities, including a qualified institutional placement (QIP), an offer for sale (OFS), and a dividend. This fund accumulation includes Rs 8,500 crore from the QIP, Rs 3,200 crore from HZL’s OFS, Rs 5,100 crore from a second ...

Bhubaneswar, August 27, 2024 (TBB Bureau): In a significant push towards enhancing digital inclusion and bridging the digital divide, Reliance Jio has extended its 4G/5G network to thousands of remote villages across Odisha. Committed to providing world-class data services to every corner of the state, Jio continues to deploy its advanced networks in areas previously underserved by modern communication infrastructure. ...

Bhubaneswar, August 27, 2024 (TBB Bureau): While history often remembers the glittering names of public figures, the quiet dedication of those who work behind the scenes frequently goes unnoticed. Sir Dorabji Tata was one such pioneer—a visionary who brought his father’s dream of a strong and prosperous India to life, brick by brick and steel by steel. Sir Dorabji was ...

Bhubaeswar, August 26, 2024 (TBB Bureau): In alignment with the Government of India’s Skill India Initiative, the state-owned National Aluminium Company Limited (NALCO) has signed a Memorandum of Understanding (MoU) with the Indian Iron and Steel Sector Skill Council (IISSSC). This strategic partnership aims to implement a system for the Recognition of Prior Learning (RPL), facilitating NSQF-based skill development programs, ...