The Business Bytes

TBB BUREAU NEW DELHI, JUNE 17, 2021 Luxury carmaker Mercedes-Benz on Thursday launched the seventh generation of its flagship limousine, the S-Class, in India at a starting price of Rs 2.17 crore (ex-showroom). The new vehicle is launched in two variants – Diesel S 400d 4MATIC and Petrol S 450 4MATIC. Mercedes-Benz India Managing Director and CEO Martin Schwenk with ...

TBB BUREAU BHUBANESWAR/TIKIRI, JUNE 17      Utkal Alumina International Limited (UAIL), a unit of Hindalco Industries Limited, and Entrepreneurship Development Initiative of India (EDII) signed a memorandum of understanding (MoU) on Wednesday, to set up a Rural Business Incubation Centre ‘UDYAMEEE’ in Kashipur Block under Rayagada District.   The MoU was signed by Utkal Alumina Unit Head Mazhar Beig, and ...

TBB BUREAU NEW DELHI, JUNE 17, 2021 Researchers have found that yoga leads to pain relief, increases tolerance of pain and improves flexibility in patients of chronic low back pain. Dr. Renu Bhatia, Additional Professor, Department of Physiology, AIIMS, New Delhi conducted research to measure the impact of yoga on Chronic Low Back Pain (CLBP) along with Dr. Raj Kumar ...

TBB BUREAU BHUBANESWAR, JUNE 17, 2021 Wild Stone, from the house of McNROE Consumer Products Pvt Ltd, has expanded its body perfume spray range with the launch of five premium, intense world-class fragrances suited for every occasion – be it sultry summer heat, or casual outings, office setting, or perfect impactful party wear. With the introduction of the no gas ...

TBB BUREAU NEW DELHI, JUNE 17, 2021 Notwithstanding the Covid-19 pandemic, Khadi and Village Industries Commission (KVIC) has recorded its highest-ever turnover in the financial year 2020-21 (FY21). In FY21, KVIC registered a gross annual turnover of Rs. 95,741.74 crore as compared to Rs. 88,887 crore recorded in the previous fiscal, registering an increase of 7.71 percent. KVIC’s record performance ...

NEW YORK, JUNE 17           Microsoft has named Chief Executive Officer Satya Nadella as the company’s Chairman.            “In this role, Nadella will lead the work to set the agenda for the board, leveraging his deep understanding of the business to elevate the right strategic opportunities and identify key risks and mitigation approaches for the board’s review,” the company said ...

TBB BUREAU NEW DELHI, JUNE 17, 2021 An environment friendly hand sanitizer that is gentle on the hands and lasts longer, will soon be available in the market. The alcohol-free, aqueous, non-inflammable and non-toxic hand sanitiser has been developed from silver nanoparticles by a Pune-based start-up. The hand sanitizer developed by WeInnovate Biosolutions prolongs antimicrobial activity, thus obviating the need ...

TBB BUREAU NEW DELHI, JUNE 16, 2021 The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on Wednesday approved the proposal of the Department of Fertilizers for fixation of Nutrient Based Subsidy Rates for Phosphatic & Potassic (P&K) fertilizers for the year 2021-22 (till the present season). The subsidy rate for Nitrogen has been fixed at Rs ...

TBB BUREAU BHUBANESWAR, JUNE 16, 2021 As the Covid-induced lockdown made it difficult for its employees to visit consumers’ premises to take meter reading, Tata Power Central Odisha Distribution Ltd (TPCODL) on Wednesday announced the launch of its Self-Meter Reading App – ‘TPCODL MITRA’, which enables customers to scan their meter reading and generate the bill instantaneously through simple steps. ...