The Business Bytes

TBB BUREAU BHUBANESWAR, MAY 11, 2021 National Technology Day 2021 on May 11 celebrates the achievements and contributions of Indians to science and technology. This day serves as a reminder of India breaking into the elite group of nations with nuclear weapons. On May 11, 1998, India conducted three successful nuclear tests at the Indian Army’s Pokhran Test Range in ...

TBB BUREAU KALINGANAGAR, MAY 9, 2021 The supply of Liquid Medical Oxygen (LMO) from Tata Steel’s Kalinganagar Plant through Indian Railways’ Oxygen Express started today. The Oxygen Train with seven cryogenic containers, carried 132 tons of LMO from Kalinganagar in Jajpur district to Delhi. This is the first Oxygen Express to carry LMO from the Kalinganagar Plant of Tata Steel. ...

TBB BUREAU NEW DELHI, MAY 8, 2021 The leaders of the European Council on Saturday expressed their desire to further strengthen the India-EU Strategic Partnership based on a shared commitment to democracy, fundamental freedoms, rule of law and multilateralism. During the India-EU Leaders’ Meeting held in a hybrid format, the leaders exchanged views on three key thematic areas — foreign ...

TBB BUREAU BHUBANESWAR, MAY 8, 2021 Bandhan Bank on Saturday reported an 80 per cent decline in its net profit for the January-March 2021 quarter (Q4) of Financial Year 2020-21 (FY21) at Rs 103.03 crore, as compared to a net profit of Rs 517.28 crore in the corresponding period in FY20. The sharp decline in profit came on the back ...

TBB BUREAU SAMBALPUR, MAY 8, 2021 India is currently undergoing through unparalleled circumstances that has not been witnessed before across generations. The brutal second wave of the Covid pandemic has left the country crippling. With over 37 lakh active COVID cases, the country needs immediate solutions to address the crisis. IIM Sambalpur has signed a memorandum of onderstanding (MoU) with ...

TBB BUREAU NEW DELHI, MAY 8, 2021 An anti-COVID-19 therapeutic application of the drug 2-deoxy-D-glucose (2-DG) has been developed by Institute of Nuclear Medicine and Allied Sciences (INMAS), a lab of Defence Research and Development Organisation (DRDO), in collaboration with Dr Reddy’s Laboratories (DRL), Hyderabad. Clinical trial results have shown that this molecule helps in faster recovery of hospitalised patients ...

TBB BUREAU BHUBANESWAR, MAY 8, 2021 Kansai Nerolac Paints Ltd. has reported an increase of 89.14 per cent in its consolidated net profit to Rs 123.62 crore for the fourth quarter ended March 31, 2021. The company had posted a net profit of Rs 65.36 crore in the January-March quarter a year ago, Kansai Nerolac said in a BSE filing. ...

TBB BUREAU ROURKELA, MAY 7, 2021 The highly determined Captive Power Plant-3 (CPP-3) team has helped Rourkela Steel Plant (RSP) accrue substantial financial savings by executing several high skill jobs.  The team successfully revamped and commissioned four Acid and Alkali tanks associated with the de-mineralised (DM) water treatment plant of the unit using in-house resources and expertise. Notably, the DM ...

TBB BUREAU BHUBANESWAR, MAY 7, 2021 With a massive population seeking jobs, skilling youth becomes highly important to make them employment ready, while providing a skilled talent pool to industries and enterprises to add to their workforce. As India grapples with the socioeconomic and health impact of the pandemic for over a year now, skilling Indian youth for the big ...

TBB BUREAU BARGARH, MAY 7, 2021 Union Minister for Petroleum & Natural Gas and Steel, Dharmendra Pradhan on Friday inaugurated a 100-bed COVID Care Centre with ICU and ventilator facilities at Vikash Multi-Specialty Hospital (VMSH) in Bargarh district through virtual mode. As part of the project, 70 ventilators, 50 monitors, and 200 syringe pumps are being provided by Indian Oil ...