The Business Bytes

TBB BUREAU BHUBANESWAR, JANUARY 19, 2021 Dvara KGFS, a leading technology backed NBFC in India, has launched a new innovative feature – e-signature – which enables hassle free documentation to access loans while ensuring pandemic related safety protocols. Bringing about a paradigm shift the way customers apply for loans, KGFS Assist (Front end app built by KGFS in-house technology team) ...

TBB BUREAU BHUBANESWAR, JANUARY 18, 2021 Lieutenant General Chandi Prasad Mohanty will be appointed as the 42nd Vice Chief of the Indian Army. He will succeed Lt Gen SK Saini, who will be retiring on January 31, 2021. Jagatsinghpur-born Mohanty, who is presently serving as the General Officer Commanding in-chief of the Southern Command, will be the first Odia officer ...

The Union Minister for Finance & Corporate Affairs Nirmala Sitharaman held the pre-budget consultations with the Finance Ministers of States and Union Territories, here today. The meeting was held through videoconference and was attended by Chief Ministers, Deputy Chief Ministers, Finance Ministers, Ministers and senior officers from the States/Union Territories and the Union Government. Welcoming the participants to the deliberation, ...

TBB BUREAU NEW DELHI, JAN 18 The Ministry of Finance, Department of Expenditure has released the 12th weekly instalment of Rs. 6,000 crore to the States today to meet the GST compensation shortfall. Out of this, an amount of Rs. 5,516.60 crore has been released to 23 States and an amount of Rs. 483.40 crore has been released to the ...

TBB BUREAU BHUBANESWAR, JAN 18 Godrej Appliances, India’s leading player in the home appliances segment, has strengthened its presence in Odisha with the launch of its second Exclusive Brand Outlet (EBO) in Puri today. With this launch, the brand now has 24 EBOs in Odisha. The EBO located at VIP Road in Puri, opened in collaboration with channel partner Lokanath ...

TBB BUREAU BHUBANESWAR, JANUARY 18, 2021 Herbalife Nutrition, the global leader in nutrition, on Monday announced the renewal of contract with its sponsored athletes for the year 2021. The company is continuing its association with globally celebrated boxing champion Mary Kom, Indian Table Tennis player Manika Batra and Indian Badminton sensation Lakshya Sen. Herbalife Nutrition, a leader in developing scientifically ...

TBB BUREAU HYDERABAD, JANUARY 18, 2021 Vice President M Venkaiah Naidu has suggested to the corporates to consciously encourage whistle-blowing mechanism and provide adequate safeguards for the protection of whistleblowers as it was important to ensure transparency and accountability in all matters of corporate governance to enhance the confidence of all the stakeholders, including the shareholders. “We need to protect ...

TBB BUREAU BHUBANESWAR, JANUARY 18, 2021           JSW Steel Ltd., flagship company of JSW Group has achieved a major milestone with its iron-ore dispatch surpassing 1 lakh tons on a single day from its newly acquired mines in the state of Odisha. With this achievement, the leading integrated steel producer sets the roadmap for progress, prosperity, and opportunity for Odisha. ...

TBB BUREAU AHMEDABAD, JAN 18 French energy major TOTAL proposes to acquire 20 per cent minority interest in Adani Green Energy Ltd. (AGEL). The deal will be completed with TOTAL acquiring shares held by the Adani Promoter Group in AGEL. The transaction marks the deepening partnership between the Adani Group and TOTAL — in the transition and green energy fields ...

TBB BUREAU BHUBANESWAR, JANUARY 17, 2021 NALCO Director (HR) Radhashyam Mahapatro has taken over as the Chairman of the Utkal Chapter of National Institute of Personnel Management (NIPM). He was unanimously selected as the Chairman of the chapter in the Executive Committee meeting held here today. With more than three decades of experience in power, oil and coal sectors in ...