The Business Bytes

TBB BUREAU NEW DELHI, MAY 12, 2021     The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved signing of Memorandum of Understanding (MoU) between Institute of Chartered Accountants of India (ICAI) and Qatar Financial Centre Authority (QFCA). The MoU would enhance cooperation between the Institutes to work together to strengthen the Accounting profession and entrepreneurship base in ...

TBB BUREAU BHUBANESWAR, MAY 11, 2021 Further consolidating its No. 1 position in Odisha, Reliance Jio has added over 1.9 lakh new subscribers in the month of February 2021, as per the latest telecom subscriber data released by TRAI, on Tuesday. With this, Jio has extended its market leadership in the state with over 1.4 crore mobile subscribers and 41 ...

TBB BUREAU BHUBANESWAR, MAY 11, 2021 Aditya Birla Group company Utkal Alumina International Limited (UAIL) is engaged in meaningful welfare initiatives in communities living in proximity of its plant. One of its initiatives “Project Saksham” is reaching out to the unemployed rural women and helping them become self-reliant through income generation. Since its commencement in February 2015, it has trained ...

TBB BUREAU BHUBANESWAR, MAY 11, 2021 National Technology Day 2021 on May 11 celebrates the achievements and contributions of Indians to science and technology. This day serves as a reminder of India breaking into the elite group of nations with nuclear weapons. On May 11, 1998, India conducted three successful nuclear tests at the Indian Army’s Pokhran Test Range in ...

TBB BUREAU KALINGANAGAR, MAY 9, 2021 The supply of Liquid Medical Oxygen (LMO) from Tata Steel’s Kalinganagar Plant through Indian Railways’ Oxygen Express started today. The Oxygen Train with seven cryogenic containers, carried 132 tons of LMO from Kalinganagar in Jajpur district to Delhi. This is the first Oxygen Express to carry LMO from the Kalinganagar Plant of Tata Steel. ...

TBB BUREAU NEW DELHI, MAY 8, 2021 The leaders of the European Council on Saturday expressed their desire to further strengthen the India-EU Strategic Partnership based on a shared commitment to democracy, fundamental freedoms, rule of law and multilateralism. During the India-EU Leaders’ Meeting held in a hybrid format, the leaders exchanged views on three key thematic areas — foreign ...

TBB BUREAU BHUBANESWAR, MAY 8, 2021 Bandhan Bank on Saturday reported an 80 per cent decline in its net profit for the January-March 2021 quarter (Q4) of Financial Year 2020-21 (FY21) at Rs 103.03 crore, as compared to a net profit of Rs 517.28 crore in the corresponding period in FY20. The sharp decline in profit came on the back ...

TBB BUREAU SAMBALPUR, MAY 8, 2021 India is currently undergoing through unparalleled circumstances that has not been witnessed before across generations. The brutal second wave of the Covid pandemic has left the country crippling. With over 37 lakh active COVID cases, the country needs immediate solutions to address the crisis. IIM Sambalpur has signed a memorandum of onderstanding (MoU) with ...

TBB BUREAU NEW DELHI, MAY 8, 2021 An anti-COVID-19 therapeutic application of the drug 2-deoxy-D-glucose (2-DG) has been developed by Institute of Nuclear Medicine and Allied Sciences (INMAS), a lab of Defence Research and Development Organisation (DRDO), in collaboration with Dr Reddy’s Laboratories (DRL), Hyderabad. Clinical trial results have shown that this molecule helps in faster recovery of hospitalised patients ...

TBB BUREAU BHUBANESWAR, MAY 8, 2021 Kansai Nerolac Paints Ltd. has reported an increase of 89.14 per cent in its consolidated net profit to Rs 123.62 crore for the fourth quarter ended March 31, 2021. The company had posted a net profit of Rs 65.36 crore in the January-March quarter a year ago, Kansai Nerolac said in a BSE filing. ...