The Business Bytes

TBB BUREAU BHUBANESWAR, JANUARY 28, 2022 In a landmark event under the Make in India scheme of the Ministry of Defence, Odisha-based Anadrone System has bagged the contract to supply advanced defence equipment to the Indian Army and Air Force. The contract to supply 125 Maneuverable Expendable Aerial Targets (MEAT) and associated equipment worth Rs 96 crore, under the Make ...

TBB BUREAU BHUBANESWAR, JANUARY 28, 2022 Ethnic apparel retailer Vedant Fashions Ltd, which owns brands including ‘Manyavar’, ‘Mohey’, ‘Mebaz’, ‘Manthan’ and ‘Twamev’, will launch its initial public offering (IPO) on February 4. The Kolkata-based company has fixed the price band of Rs 824-866 per share and the public issue is expected to fetch Rs 3,149 crore, at the upper end ...

TBB BUREAU BHUBANESWAR, JANUARY 28, 2022 Bharti Airtel (“Airtel”), one of India’s premier communications solutions providers, and Google today announced that they will partner on a long-term, multi-year agreement to accelerate the growth of India’s digital ecosystem. Together, they will work to bring best-in-class end-to-end products to serve customer needs, provide quality customer experience, and bring their expertise to solve ...

TBB BUREAU MUMBAI, JANUARY 28, 2022         Vasu, Akhil and Kay are back! Expect more unfiltered conversations, dating advice and sibling banter when Hiccups & Hookups returns with season 2. Within a year of Lionsgate Play’s premiere of its first Hindi original that witnessed staggering response globally, the streaming platform is set to launch season 2 of Hiccups & Hookups. ...

TBB BUREAU BHUBANESWAR, JANUARY 28, 2022 Finally a planner that ensures you, your boss and your accountant are all on the same page.  Many of your key dates, plans and commitments are aligned with the financial year and not the calendar year, so why not use a planner designed for both? The first of its kind in India, Pennline’s 15-month ...

TBB BUREAU NEW DELHI, JANUARY 28, 2022 At a time when the whole world is grappling with highly transmissible Omicron variant of Covid-19, scientists at Banaras Hindu University (BHU) — in a first-of-its-kind study — have found that anti-viral, anti-bacterial, and anti-inflammatory properties in the fumes of Air Vaidya Herbal Dhoopa (AVHD), an ayurvedic formulation, could be effective in preventing ...

TBB BUREAU GOA, JANUARY 27, 2022      Hyderabad FC underlined their credentials as one of the top contenders this season with a brilliant come-from-behind performance to beat Odisha FC 3-2 in the Hero Indian Super League at the Tilak Maidan Stadium on Thursday. Jerry Mawihmingthanga (45th) gave Odisha the lead at the stroke of halftime but Hyderabad put on a ...

TBB BUREAU NEW DELHI, JANUARY 27, 2022 Country’s second-largest public sector lender Punjab National Bank (PNB) on Thursday reported a two-fold jump in standalone net profit to Rs 1,126.78 crore for the third quarter (Q3) ended December 31, 2021, as compared to Rs 506.03 crore in the year-ago period, as bad loans marginally declined. However, total income during October-December 2021 ...

TBB BUREAU NEW DELHI, JANUARY 27, 2022 Leading cement manufacturing company Dalmia Bharat Ltd on Thursday reported a 59.2 per cent decline in its consolidated net profit to Rs 73 crore for the third quarter (Q3FY22) ended December 2021. The company had posted a net profit of Rs 179 crore during the corresponding period a year ago, Dalmia Bharat said ...

TBB BUREAU NEW DELHI, JANUARY 27, 2022 Aluminium industry has been a key contributor to India’s V-shaped economic revival and in keeping industrial activity on track by operating at full capacity despite the unprecedented pandemic and subsequent lockdowns. Today, aluminium is the largest non-ferrous metal industry in the world economy, and the second largest metal industry after Steel. India’s Aluminium ...