The Business Bytes

TBB BUREAU BHUBANESWAR, JULY 29, 2021 ArcelorMittal Nippon Steel Inia on Thursday signed a Memorandum of Understanding (MoU) with an industrial training institute in Odisha’s Keonjhar district to collaborate for skill development, advance training and improved employability-related support.           AM/NS India made this tie-up with the Barbil Government ITI under its corporate social responsibility’s skill development programme, the company said ...

TBB BUREAU BHUBANESWAR, JULY 29, 2021 Lauding Odisha’s approach towards disaster management, British Deputy High Commissioner to Kolkata, Nick Low said that Odisha’s achievement in climate change adaptation has been immense. “As we’ve seen from its disaster response to Cyclone Amphan and Yaas, Odisha’s achievement in climate change adaptation has been immense.  I was delighted speaking to the decision-makers and influencers ...

TBB BUREAU BHUBANESWAR, JULY 29, 2021 SBI Life Insurance, one of the leading life insurers in the country, has registered a New Business Premium of Rs. 3,345 crore for the quarter ended on June 30, 2021 compared to Rs. 3,059 crore registered in the corresponding period of the previous fiscal. Regular premium also increased by 29 percent over the corresponding ...

TBB BUREAU MUMBAI, JULY 29, 2021 State-run Central Bank of India posted a 53 per cent jump year-on-year in its net profit to Rs 206 crore in the April-June quarter of this fiscal. The bank had reported a net profit of Rs 135 crore in April-June 2020. It had reported a loss of Rs 1,349 crore in the preceding quarter ...

TBB BUREAU BHUBANESWAR, JULY 28, 2021 National Bank for Agriculture and Rural Development (NABARD) has sanctioned Rs.356 crore to the Odisha Government under Rural Infrastructure Development Fund (RIDF) for construction of 35 bridge projects covering 17 districts in the State. These bridge projects are intended to provide improvement in rural connectivity to 11.06 lakh people in 1,324 villages. During the ...

TBB BUREAU PUNE, JULY 27, 2021 Emcure Pharmaceuticals Ltd continues to strengthen its leadership with appointment of distinguished professionals to its board of directors. The company has recently added four independent directors with a wealth of knowledge and experience in various fields. The new additions include Dr. Shailesh Ayyangar, Vijay Gokhale, Hitesh Jain and Dr. Vidya Yeravdekar. Earlier this year, ...

TBB BUREAU BHUBANESWAR, JULY 28, 2021 DSP Investment Managers has announced a unique Old Fund Offering (OFO) of the DSP Flexi Cap Fund to remind investors of a ready and proven portfolio that has been through various market cycles over 24 years. The OFO highlights DSP Flexi Cap Fund’s ability and flexibility to allocate across market capitalizations, its strong investment ...

TBB BUREAU BHUBANESWAR, JULY 27, 2021 Around 150 children from local communities took part in mega-weekend cleaning and tree plantation drives at the villages of Bhubaneswar. The drive was organized recently by SOS Children’s Villages of India (SOSCVI). The children were members of Bal Panchayats, the forums floated by SOS Children’s Villages of India to give opportunities for children to ...

TBB BUREAU TALCHER, JULY 27, 2021 For the first time in the history of Mahanadi Coalfields Limited (MCL) in Odisha, a village Bhalugadia at Talcher in Angul district of Odisha has handed over its resources without any obstruction and in one go to facilitate coal mining operations. Bhalugadia village, spread over around 17 hectares of coal bearing land in Talcher ...

TBB BUREAU BHUBANESWAR, JULY 26, 2021 Keeping in view the ongoing Covid-a9 pandemic in the State, the Odisha Government on Monday decided to organise the state-level Independence Day celebration at Exhibition Ground, Unit-III here in a restricted manner. Chief Minister Naveen Patnaik will attend the event as chief guest and hoist the Tricolour. At a preparatory meeting chaired by I&PR ...