The Business Bytes

TBB BUREAU MUMBAI, JANUARY 12, 2022 India’s largest software services company Tata Consultancy Services (TCS) on Wednesday reported a 12.2 per cent rise in its consolidated net profit to Rs 9,769 crore for the December 2021 quarter as against a net profit of Rs 8,701 crore in the corresponding period in the previous fiscal. It also announced an Rs 18,000-crore ...

TBB BUREAU BHUBANESWAR, JANUARY 12, 2022 Navratna CPSE National Aluminium Company Limited (NALCO) has achieved yet another milestone in aluminium smelting. The aluminium major has successfully put into operation all the 960 Pots at its existing Smelter Plant located at Angul. NALCO Chairman and Managing Director Sridhar Patra formally operationalized the 960th Pot by virtually switching on the pot from ...

TBB BUREAU HYDERABAD, JANUARY 12, 2022 Covaxin’s booster dose is able to neutralise the vaccine evading Omicron variant of Covid-19, according to a study conducted at US’ Emory University, Bharat Biotech announced on Wednesday. The new study demonstrated “sera from subjects who received a booster dose of Covaxin (BBV152) six months after getting a primary two-dose series of Covaxin (BBV152), ...

TBB BUREAU PARADIP, JANUARY 12, 2022 The Odisha Industrial Infrastructure Development Corporation (Idco) has started construction of the boundary wall and temporary roads for the JSW project, which will come at Dhinkia Nuagaon and Gadkujang panchayats in Jagatsinghpur district. The pre-cast boundary wall and temporary roads are being built for the first ten kilometers starting from the Mahal end of ...

NEW DELHI, JANUARY 12, 2022            Software major Infosys on Wednesday posted an 11.8 per cent rise in consolidated net profit to Rs 5,809 crore for December 2021 quarter.           The Bengaluru-based IT company also increased its revenue growth guidance for FY22 to 19.5-20 per cent.           Infosys had registered a net profit (after minority interest) of Rs 5,197 ...

TBB BUREAU MUMBAI, JANUARY 12, 2022 Aditya Birla Fashion and Retail Limited (ABFRL), one of India’s leading fashion companies, announced that it has collaborated with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH for implementing an India specific project to strengthen the textile and apparel industry for sustainable clothing. This unique initiative is part of the ‘develoPPP programme’ and is being ...

Leading global smart device brand OPPO on Wednesday launched a new affordable smartphone — A16K — in India for Rs 10,490. The smartphone is available in a 3GB+32GB storage variant in blue, white, and black colours across all channels. “The smartphone caters to consumers looking for an entry-level handset that is stylish and lightweight,” the company said in a statement. ...

TBB BUREAU NEW DELHI, JANUARY 11, 2022            India’s largest self-implementing childcare NGO SOS Children’s Villages of India has imparted skill training to over 2,000 youth in the last two years which has helped them in finding employment at improved salaries.            The NGO offers skill upgrades to youth through the Vocational Training Centres that it runs in Nizamuddin, Raipur, ...

TBB BUREAU BHUBANESWAR, JANUARY 11, 2022 The Odisha Regional Office of NABARD on Tuesday released the State Focus Paper for Odisha, projecting an overall credit potential under Priority Sector at Rs.1,34,665 crore for the financial year 2022-23. The seminar was inaugurated by Odisha Finance Minister Niranjan Pujari, and attended by Development Commissioner PK Jena, Agriculture Production Commissioner Sanjeev Chopra; Principal ...

TBB BUREAU PARADIP, JANUARY 10, 2022 Union Ports, Shipping and Waterways Secretary Sanjeev Ranjan has asked the Paradip Port authorities to expedite the widening of NH-53 (Paradip to Chandikhol) through the Special Purpose Vehicle (SPV) formed between the Paradip Port Trust (PPT) and the National Highways Authority of India (NHAI) under Gati Shakti Programme. During his maiden visit to the ...