The Business Bytes

TBB BUREAU BHUBANESWAR, MARCH 4, 2021 A high-level delegation team led by Bruno Bosle, Country Director, AgenceFrançaise de Développement (AFD) in India visited the Capital City of Odisha today to take the overview of the City Investments to Innovate Integrate and Sustain (CITIIS) projects in the city. The delegation included Thomas Salez, Economic Counsellor-Energy and Industry Division from the Regional ...

TBB BUREAU MUMBAI, MARCH 4, 2021 Axis Securities, a fully-owned subsidiary of Axis Bank, has emerged as the successful bidder to acquire the trading accounts of Karvy Stock Broking Limited. Karvy customers can start trading with Axis Securities, one of the most trusted bank-led brokerage houses, to make the best of available market opportunities. Simply by clicking on a link, ...

TBB BUREAU BHUBANESWAR, MARCH 4, 2021 World’s largest steel maker ArcelorMittal Nippon Steel India (AM/NS India) on Thursday signed a memorandum of understanding (MoU) with the Odisha government for setting up a 12 million tonne per annum (MTPA) capacity integrated steel plant in Kendrapada district with an investment of Rs 50,000 crore. The MoU was signed by Hemant Sharma, Principal ...

TBB BUREAU MUMBAI/DELHI, MARCH 3, 2021 Vedanta has been at the forefront of sustainable practices and is leveraging new technologies to safeguard the environment and communities. Guided by the philosophy of `Zero Harm, Zero Waste, Zero Discharge’, the company is committed to extensive disclosure of its sustainability programs for all stakeholders. In an endorsement of the Group’s strong commitment to ...

TBB BUREAU NEW DELHI, MARCH 3, 2021 Renault India has started sale and delivery of its new gamechanger Renault KIGER to customers across its dealerships in the country. This smart, sporty and stunning car which is all set to strengthen Renault’s presence in the sub-four meter SUV segment, is well on its way to set new benchmarks in the Indian ...

TBB BUREAU BHUBANESWAR, MARCH 2, 2021 IIFL Finance, one of India’s largest Non-Banking Financial Companies, will open a public issue of bonds on March 03, 2021, The bonds offer up to 10.03 per cent yield and high degree of safety making it one of the best debt investment products in the current scenario with almost double the interest rate offered ...

PRIYABRAT BISWAL BHUBANESWAR, MARCH 2, 2021 The Association of Power Producers (APP) has requested the Odisha Government to reduce water charges for thermal power plants operating in the state as they are adversely impacted due to this over the years. In its letters to the Water Resources and Energy Departments of the Odisha Government, the APP has requested to take ...

TBB BUREAU NEW DELHI, MARCH 1, 2021 Indicating post-pandemic economic recovery, GST collections crossed the Rs 1 lakh crore-mark for the fifth month in a row, rising 7 per cent to over Rs 1.13 lakh crore, the Finance Ministry said on Monday. The collection is, however, lower than the record Rs 1,19,875 crore collected in the previous month. The gross ...

TBB BUREAU PARADIP, MARCH 1, 2021 V S Jain, Executive Director, has taken over charge as Executive Director & Refinery Head of Paradip Refinery with effect from March 1, 2021. Prior to the new assignment, he was heading the Project Department at Paradip Refinery with projects like Mono Ethylene Glycol (MEG), Para Xylene-Purified Terepthalic Acid (PX-PTA), Fuel Quality Upgradation (FQUP).  ...

TBB BUREAU PARADIP, MARCH 1, 2021 With just a day away from the Maritime India Summit, the Iron Ore Handling Plant (IOHP) of Paradip Port Trust (PPT) handled 182 rakes, which is the highest ever monthly rakes in the month of February, 2021. With this feat it surpassed the previous record of 174 rakes handled in January this year.