The Business Bytes

TBB BUREAU KOLKATA, JUNE 6, 2021         Steel maker Shyam Metalics and Energy Ltd (SMEL) has reduced the size of its Initial Public Offer (IPO) to Rs 909crore from Rs 1,107 crore as promoters decided to offload shares worth Rs 252 crore from their own stake against Rs 452 crore as planned earlier.          The IPO will hit the capital ...

TBB BUREAU NEW DELHI, JUNE 6, 2021 Leading fertiliser cooperative major Indian Farmers Fertiliser Cooperative Ltd (IFFCO)  on Sunday said that it has started commercial production of nano urea liquid and dispatched the first consignment to Uttar Pradesh. Priced at Rs 240 per bottle, the nano urea liquid is 10 per cent cheaper than the cost of a bag of ...

TBB BUREAU NEW DELHI, JUNE 5, 2021 Income Tax DepartmentIn a bid to provide convenience, modern and seamless experience to the taxpayers, the Income Tax Department will launch its new e-filing portal www.incometax.gov.in on 7th June, 2021. The new portal will be integrated with immediate processing of Income Tax Returns (ITRs) to issue quick refunds to taxpayers; all interactions and ...

TBB BUREAU NEW DELHI, JUNE 5, 2021 As a step towards its commitment for environment, NHPC Limited has signed E-Mobility Agreements with Convergence Energy Services Limited (CESL), a wholly owned subsidiary of Energy Efficiency Services Limited (EESL) for leasing of 25 Electric Vehicles (EVs) and supply of 3 Electric Vehicle fast chargers to NHPC including its installation and commissioning. NHPC ...

TBB BUREAU ROURKELA, JUNE 5, 2021 Rourkela Steel Plant (RSP) joined the rest of the world in observing World Environment Day on Saturday. RSP CEO Dipak Chattaraj hoisted the Environment Flag at Shilpa Konark premises in presence of senior executives and employees of the company. The Environment pledge was administered to all present on the occasion. Environment badges were also ...

TBB BUREAU NEW DELHI, JUNE 5, 2021  India’s gross Good and Services Tax (GST) revenue collections remained above the psychological mark of Rs 1 lakh crore, clocking a high of Rs 1,02,709 crore in May 2021. The revenues for the month of May 2021 are 65 per cent higher than the GST revenues in the corresponding month last year. During ...

TBB BUREAU BARBIL, JUNE 5, 2021 Commemorating World Environment Day 2021 on the theme ‘Ecosystem Restoration’, Jindal Steel and Power Limited (JSPL) organised a massive plantation programme in the residential area and pellet plant premises at Barbil on Saturday. Adhering to COVID guidelines and maintaining physical distancing, more than 100 workers, employees and their family members of various age groups ...

TBB BUREAU SAMBALPUR, JUNE 5, 2021 Mahanadi Coalfields Limited (MCL) Chairman-cum-Managing Director PK Sinha today emphasized on inclusive approach to protect the environment and increase the green cover on Mother Earth, as the company planned for plantation of 2.7 lakh trees over 150 hectares of land in Odisha during the current financial year. On the occasion of World Environment Day-2021, ...

TBB BUREAU NEW DELHI, JUNE 5, 2021 India has advanced the target date for achieving 20 per cent ethanol-blending in petrol by five years to 2025, Prime Minister Narendra Modi said on Saturday Speaking at the release of ethanol blending road map 2020-25 on the occasion of World Environment Day today, Modi said “the target for mixing 20 per cent ...

TBB BUREAU BHUBANESWAR, JUNE 4, 2021 Vedanta, one of the world’s leading Oil & Gas and Metals companies, will launch a mega green cover initiative to commemorate World Environment Day on Saturday. As part of the Vedanta Cares Green Cover initiative, which will be virtually inaugurated by Vedanta Chairman Anil Agarwal, the company’s employees and business partners will be able ...