The Business Bytes

New Delhi, September 18, 2024 (TBB Bureau):  In a significant move aimed at securing the financial future of children, Finance Minister Nirmala Sitharaman on Wednesday launched the NPS Vatsalya scheme, allowing parents to open pension accounts for their children. Under the scheme, parents can easily subscribe to NPS Vatsalya online or by visiting a bank or post office. The account ...

Bhubaneswar, September 18, 2024 (TBB Bureau): On the occasion of National Engineers’ Day, Vedanta Aluminium, India’s largest aluminium producer, reaffirms its commitment to driving innovation, enhancing access to quality education, and boosting local employment. Recognizing the crucial role engineers play in fostering sustainable progress, the event highlighted the company’s initiatives aimed at nurturing engineering talent and advancing technological innovation to ...

Ranchi, September 18, 2024 (TBB Bureau): In a vibrant celebration of India’s official language, the Chief Executive Officer and Regional Executive Director (Coal Mining) of NTPC, Animesh Jain, inaugurated the Hindi Fortnight at the NTPC Coal Mining Headquarters in Ranchi on Monday. The event, marking the 75th anniversary of Hindi Diwas, holds special significance this year, as it underscores the ...

Bhubaneswar, September 18, 2024 (TBB Bureau): Affordable internet connectivity brought by Jio has digitally transformed millions of lives across India. From shopkeepers in remote corners accepting UPI payments to tribal farmers benefiting from digital banking services, and students accessing online study materials, Digital India has sparked countless success stories. For many tribal students and youths in Odisha’s hinterlands, easy and ...

New Delhi, September 17, 2024 TBB Bureau): To advance NTPC’s green energy and green hydrogen ambitions, NTPC Green Energy Limited (NGEL) has entered into a Joint Venture Agreement (JVA) with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL), the state-owned power generation company responsible for managing thermal and hydroelectric stations in Rajasthan. The agreement was signed on September 17, 2024, in ...

By Jayajit Dash The AI revolution is rapidly altering the technological landscape, but it comes with a hefty energy demand. The recent collaboration between BlackRock and Microsoft, proposing a $30 billion fund to invest in AI infrastructure, signals that the future of AI is as much about energy and infrastructure as it is about algorithms and code. This partnership highlights ...

Bongaigaon, September 17, 2024 (TBB Bureau): NTPC Bongaigaon marked Vishwakarma Puja with vibrant celebrations across its facilities, honouring Lord Vishwakarma, the Hindu deity of engineering and craftsmanship. The event saw active participation from senior management including Debabrata Kar, General Manager (O&M), and A. Biswas, General Manager (Operation), alongside employees and members of the Ladies Club. The celebration included traditional rituals ...

Rourkela, September 17, 2024 (TBB Bureau): Rourkela Steel Plant (RSP) has entered into a strategic Memorandum of Understanding (MoU) with Balmer Lawrie to secure three dedicated BFNS 22.9 rakes on a lease-and-operate basis for steel transport over distances exceeding 1,000 kilometres. This agreement expands RSP’s fleet to nine BFNS 22.9 LSFTO rakes, which will account for approximately 30 percent of ...

New Delhi, September 17, 2024 (TBB Bureau):  In a significant development for India’s maritime sector, the Ministry of Ports, Shipping & Waterways has announced the appointment of Olympic medalist Manu Bhaker as its new Brand Ambassador. The announcement was made by Union Minister Sarbananda Sonowal today. Manu Bhaker, who has made history as the only Indian to win two individual ...

Angul, September 17, 2024 (TBB Bureau): Jindal Steel & Power (JSP) celebrated the sacred occasion of Lord Vishwakarma Puja at its Angul Plant with profound devotion and active participation from the workforce and local community. Leading the celebration, Angul Location Head Pankaj Malhan, accompanied by his wife Seema Malhan; Executive Director Damodar Mittal, along with his wife Anita Mittal; and ...