The Business Bytes

TBB BUREAU BHUBANESWAR, FEB 3, 2021 Private life insurer SBI Life Insurance registered a New Business Premium of Rs. 14,437 crore for the period ended on 31st December, 2020 against Rs. 12,787 crore in the year-ago period. Single premium increased by 42 percent over the corresponding year. Establishing a clear focus on protection, SBI Life’s protection new business premium stood ...

TBB BUREAU MUMBAI, FEB 2, 2021 Country’s largest lender State Bank of India (SBI) has announced the launch of its unique shopping carnival – ‘YONO Super Saving Days’. Commencing on the 4th of February, the four-day shopping extravaganza which is concluding on the 7th is all set to offer an exclusive range of discounts and cashback to the users of ...

TBB BUREAU BARBIL, FEBRUARY 2, 2021 JSW Steel Limited has been conferred with mining safety awards in the recently held 58th Annual Safety Week Celebration-2020 (metalliferous mines) in Chaibasa region at Rajgangpur. In the group A-1 category, Jajang Iron ore mines received Best Innovation award and in Group A-2, Nuagaon iron ore mines received Best Workshop Facility. In the Group ...

PRIYABRAT BISWAL BHUBANESWAR, FEBRUARY 2, 2021 TP Central Odisha Distribution Limited (TPCODL), a joint venture between Tata Power and the Government of Odisha, will introduce smart meters in its distribution areas from April this year. Talking to media persons here on Tuesday, TPCODL Chief Executive Officer (CEO) M Shenbagam informed that in the first phase smart meters would be provided ...

TBB BUREAU ROURKELA, FEBRUARY 2, 2021 “RSP (Rourkela Steel Plant) is doing extremely well on all fronts. However, the challenges and expectations become high when you are at the peak. We must not be content with our achievements. Let’s strive further not only to sustain the momentum but also to excel further in our every endeavor,” said Soma Mondal, Chairman, ...

TBB BUREAU BHUBANESWAR, FEB 2, 2021 The Industrial Promotion and Investment Corporation of Odisha (IPICOL) has successfully completed submission for the state of Odisha the evidence of reforms implemented under State Reform Action Plan (SRAP)-2020 as stipulated by DPIIT, Government of India.  SRAP is a list of 301 recommendations to be undertaken by states and union territories to improve the ...

TBB BUREAU BHUBANESWAR, FEBRUARY 1, 2021 The Institute of Company Secretaries of India (ICSI) has welcomed Budget 2021, unveiled by Union Finance Minister Nirmala Sitharaman on Monday. Budget 2021 proposed a boost for the healthcare sector with a significant increase of 137% in the outlay. The decision of a total spend of around Rs.2 lakh crore on healthcare with Rs.35,000 ...

PRIYABRAT BISWAL BHUBANESWAR, FEBRUARY 1, 2021 India’s largest integrated power utility Tata Power today said that it has received the Letter of Intent (LOI) from the Odisha Electricity Regulatory Commission (OERC) for the distribution and retail supply of electricity in the north eastern part of the state. The company has received the LOI from OERC for Odisha’s five circles of ...

PART-A Union Minister for Finance & Corporate Affairs Nirmala Sitharaman presented the Union Budget 2021-22 in Parliament today which is the first budget of this new decade and also a digital one in the backdrop of unprecedented COVID-19 crisis. Laying a vision for AatmaNirbhar Bharat, she said this is an expression of 130 crore Indians who have full confidence in ...

TBB BUREAU NEW DELHI, FEBRUARY 1, 2021    Lieutenant General Chandi Prasad Mohanty today assumed the charge of the Vice Chief of the Army Staff. An alumnus of Rashtriya Indian Military College, Dehradun, National Defence Academy, Khadakwasla and Indian Military Academy, Dehradun, Lieutenant General CP Mohanty was commissioned into the Rajput Regiment on 12 June 1982. In a career spanning ...