The Business Bytes

TBB BUREAU NEW DELHI, JANUARY 29, 2021 ArcelorMittal Nippon Steel India (AM/NS India) has inked a pact with POSCO Maharashtra Steel, under which the former will supply hot rolled coils (HRC) worth Rs 5,000 crore in 2021. While AM/NS India is a 50:50 joint venture between Luxembourg-based ArcelorMittal and Japan’s Nippon Steel, POSCO Maharashtra Steel is the Indian subsidiary of ...

TBB BUREAU NEW DELHI, JANUARY 28, 2021 In keeping with its commitment to the Prime Minister’s Aatmanirbhar Bharat Mission, and inspired by Chief Minister Naveen Patnaik’s vision to make Odisha a 100-MT steel manufacturing hub and the late visionary Biju Babu’s dream to make the state a leader in steel, Jindal Steel and Power Ltd (JSPL) today unveiled its Vision ...

TBB BUREAU BHUBANESWAR, JANUARY 28, 2021 Ninety-two years old Eswar Ch Mohanty of Odisha has earned the rare distinction of being the oldest patient in Eastern India to receive a knee replacement surgery at AMRI Hospitals Bhubaneswar. “Mohanty was very afraid of going under the knife and had been avoiding it since long. Finally, on Monday, he agreed to get ...

TBB BUREAU BHUBANESWAR, JANUARY 28, 2021 Dalmia Bharat Foundation (DBF), the philanthropic arm of Dalmia Bharat Group, felicitated 21 DIKSHa (Dalmia Institute of Knowledge and Skill Harnessing) trainees at Kapilas Cement Manufacturing Works (KCMW) in Cuttack today.  The students were provided 75 days’ training in Industrial Sewing Machine Operator (ISMO) trade. Ramawatar Sharma, Unit Head, Dalmia Cement (Bharat) Ltd., Cuttack; ...

PRIYABRAT BISWAL BHUBANESWAR, JANUARY 28, 2021 French auto maker Renault on Thursday unveiled its upcoming compact SUV Kiger in India, which it plans to launch in the country in the current quarter. After Kwid and Triber, Kiger is the company’s third model, which would be introduced in India, followed by other markets. Designed in India and France, KIGER, the first ...

TBB BUREAU BHUBANESWAR, JANUARY 28, 2021 Entering the ranking for the first time this year and claiming the title of the world’s 5th strongest brand, is Indian telecoms giant, Jio, with a BSI score of 91.7 out of 100 and the elite AAA+ brand strength rating.   Despite only being founded in 2016, Jio has quickly become the largest mobile network ...

TBB BUREAU MUMBAI, JANUARY 28, 2021 India’s leading fashion company, Aditya Birla Fashion and Retail Limited (ABFRL) has announced a strategic partnership with India’s largest designer brand Sabyasachi by signing a definitive agreement for acquiring 51 percent stake in Sabyasachi brand. Sabyasachi is India’s largest and most influential luxury designer brand with strong Indian roots and global appeal. The brand ...

TBB BUREAU BHUBANESWAR, JANUARY 25, 2021 Over 3.5 lakh registered health workers in Odisha will be inoculated the second dose of Covid-19 vaccine as the vaccination drive will begin in State from February 14. State Health Director Dr. Bijay Panigrahi told media persons that those who had been vaccinated during the first phase of vaccination on January 16, will be ...

TBB BUREAU ROURKELA, JANUARY 25, 2021 State-run Rourkela Steel Plant (RSP) has bagged Grow Care India “Gold Award”–2020 for demonstrating high level of commitment and contributions made towards making positive impact on environment.  In a function organised on January 23, RSP CEO Dipak Chattaraj handed over the Trophy and the Certificate to CGM (Utilities) Atish Chadra Sarkar in preswence of ...

PRIYABRAT BISWAL BHUBANESWAR, JANUARY 25, 2021 The Apex development finance institution of the country, National Bank for Agriculture and Rural Development (NABARD)on Monday estimated Odisha’s total credit requirement of Rs. 1,10,735 crore for the financial year 2021-22 with greater emphasis on crop diversification, animal husbandry and fishery sector apart from greater thrust on enhancing credit flow to Self Help Groups ...