The Business Bytes

TBB BUREAU BHUBANESWAR, JULY 6, 2021 Successfully navigating market meltdowns and market excesses, HDFC Flexi Cap Fund has accomplished 26 years of journey in the market. The fund, earlier known as HDFC Equity Fund, is one of the flagship funds of HDFC Asset Management Co. Ltd. The fund has delivered 18.44 percent Compound Annual Growth Rate (CAGR) in over 26 ...

TBB BUREAU MUMBAI, JULY 6, 2021 The country’s third-largest private lender Axis Bank on Tuesday signed a memorandum of understanding (MoU) with the Indian Army offering a defence service salary package under its “Power Salute” initiative. The Defence service salary package will offer different benefits to all ranks of army officers, Axis Bank said in a media statement. According to ...

TBB BUREAU BHUBANESWAR, JULY 6, 2021 In a major success to Chief Minister’s Vision 2030 of making Odisha, the “Steel Hub of India”, the High-Level Clearance Authority today issued in-principle approval to five major industrial projects to the tune of Rs. 1,46,172 crore in the sector of Metal and Metal downstream. These five industrial projects are further expected to create ...

TBB BUREAU ROURKELA, JULY 6, 2021             Rourkela Steel Plant (RSP), a unit of Maharatna Company SAIL, surpassed a historic milestone of 100 Million Tonne (MT) Hot Metal production on Monday, thus entering the elite club of Steel Industries with such a distinction. The journey that had commenced on 3rd February 1959, with the then President of India, Dr. Rajendra Prasad commissioning the ...

TBB BUREAU MUMBAI, JULY 6,2021 India’s leading premium menswear brand Louis Philippe has launched a brand new range of Anti-Viral face masks to offer protection against viruses and bacteria. Considering the ongoing pandemic, the brand has introduced unique and first-of-its-kind 10-layer anti-viral mask range with an objective to offer maximum protection and safety to consumers.  Christened “Louis Philippe UltraProtect Double ...

TBB BUREAU MUMBAI, JULY 6, 2021 ICICI Bank and Amazon Pay on Tuesday announced that over 2 million ‘Amazon Pay ICICI Bank credit cards have been issued so far since its launch in October 2018, making it the fastest co-branded credit card to have crossed this milestone in the country. The card, powered by Visa, on-boarded one million customers in ...

TBB BUREAU BHUBANESWAR, JULY 6, 2021 ArcelorMittal Nippon Steel India (AM/NS India) has delivered 100 medical grade oxygen cylinders to Paradip Port Trust (PPT) to bring relief to victims of Covid-19. The cylinders were handed over to the Paradip Port Trust Hospital in presence of PPT Deputy Chairman Asish Kumar Bose, Chief Medical Officer Dr. Prahallad Panda and other senior ...

TBB BUREAU MUMBAI, JULY 6, 2021 With India leading the way with 11% of global fatalities despite housing only 1% of the world’s vehicle population, Holcim Group’s Indian companies – Ambuja Cements Ltd & ACC Ltd – launched Health and Safety Improvement Plan with the goal of “Everyone should go back home safely every day”. Health and Safety Improvement Plan ...