The Business Bytes

TBB BUREAU NEW DELHI, JUNE 28, 2021 Vedanta Limited, India’s leading producer of metals and oil & gas, has rolled out an attractive promotional scheme ‘Vedanta Saathi’ for Micro, Small and Medium Enterprises (MSMEs) in the manufacturing industry in celebration of the World MSME Week. Under the company’s Vedanta Saathi programme, MSMEs can avail a discount of Rs 500 per ...

TBB BUREAU SAMBALPUR, JUNE 28, 2021 IIM Sambalpur concluded yet another successful academic year with the 4th (2018-2020) and 5th (2019-2021) annual convocation in the virtual mode. A total of 187 students were felicitated in the convocation with the 5th Batch having highest gender diversity across all IIMs with 46 female students in a batch strength of 95. The convocation ...

TBB BUREAU BHUBANESWAR, JUNE 28, 2021        Aluminium major NALCO on Monday said that its net profit recorded a nine-fold jump to Rs.1299.56 crore for the financial year 2020-21. The state-run firm had clocked a net profit of Rs Rs.138.23 crore in the year-ago period. “National Aluminium Company Limited (NALCO) has posted an impressive net turnover and net profit of ...

TBB BUREAU BHUBANESWAR, JUNE 28, 2021 Holcim Group’s India companies – Ambuja Cements Ltd & ACC Ltd — expects to consolidate its leadership in the Indian cement sector by further investing in Industry 4.0 under its ‘Plants of Tomorrow’ programme. This transformative programme, which aims to make cement manufacturing more efficient through better plant optimization, higher plant availability and a ...

TBB BUREAU NEW DELHI, JUNE 28 In a bid to encourage travel activities and to provide relief to the tourism industry, which is among the worst affected sectors by the Covid-19 pandemic, the Union government on Monday announced that it would offer tourist visa free of charge till March 31, 2022. The financial implication of the move is expected in ...

TBB BUREAU BHUBANESWAR, JUNE 28, 2021 Talcher Fertilizers Ltd. (TFL) has successfully concluded the financial closure of its mega coal gasification based urea project located at Talcher in Angul district of Odisha. TFL is a Joint Venture of GAIL (India) Ltd (GAIL), Rashtriya Chemicals & Fertilizers Ltd (RCF), Coal India Ltd (CIL) and Fertilizers Corporation of India Ltd (FCIL). Informing ...

TBB BUREAU BHUBANESWAR, JUNE 28, 2021 Skechers, the global lifestyle and performance footwear brand headquartered in the United States, is expanding its #OriginalsKeepMoving campaign with its new collection featuring actress Ananya Panday. The campaign will include the launch of Skechers Energy Racer in India and the popular Skechers D’Lites for women as well as men. “Together with Ananya, we’re excited ...

TBB BUREAU ANGUL, JUNE 22, 2021 Continuing its fight against COVID-19, Jindal Steel & Power Ltd (JSPL) has launched the vaccination drive at its Angul steel making facilities. The vaccination drive would cover the company’s employees and the entire workforce along with their families. Pursuing the vision of its founder OP Jindal to serve the society in a holistic way ...

TBB BUREAU BHUBANESWAR, JUNE 22, 2021 India’s import of bauxite, a raw material used for manufacturing aluminium, has caused a foreign exchange (forex) loss to the tune of Rs 390 crore during the April-June quarter of 2021, according to the data released by the Indian Industrial Value Chain Collective, today. The Indian Industrial Value Chain Collective (IIVCC) represents organizations involved ...

TBB BUREAU NEW DELHI, JUNE 22, 2021 The Ministry of Coal on Tuesday announced revision in the timeline of the second tranche of auctions for commercial mining. In a statement, the Ministry stated that in continuation to the Notice Inviting Tender dated March 25, 2021, the last date for registration of bidder and sale of tender documents on MSTC website, ...