The Business Bytes

Ahmedabad/Bhubaneswar, July 16, 2024 (TBB Bureau): Gujarat Mineral Development Corporation (GMDC), a prominent player in India’s mining and mineral processing sector, has achieved a significant milestone with the successful execution of a Coal Mining Development and Production Agreement with the Union Coal Ministry. The agreement pertains to the “Kudanali-Lubri” coal mine located in Odisha, solidifying GMDC’s commitment to bolstering the ...

New Delhi, July 15, 2024 (TBB Bureau): On World Youth Skills Day, Vedanta Aluminium, the leading aluminium producer in India, underscored its dedication to youth empowerment by unveiling an extensive expansion of its skill development programs across its operational regions. This strategic move aims to enhance the skills of rural youth, transitioning them from unskilled to semi-skilled professionals through placement-linked ...

Mumbai, July 15, 2024 (TBB Bureau): Public sector lender Bank of Baroda (BoB) has launched the BoB Monsoon Dhamaka Deposit Scheme, a new term deposit product aimed at offering enhanced interest rates. This scheme provides two distinct tenors: 7.25% per annum for 399 days and 7.15% per annum for 333 days, applicable to retail deposits below Rs 3 crore. Senior ...

NEW DELHI, JULY 15, 2024 (TBB BUREAU):  The Union Coal Ministry inked development and production agreements on Monday for three coal mines auctioned in the second attempt of the 7th round, paving the way for an anticipated investment of Rs 4,500 crore. The mines involved are the Machhakata coal mine, the Kudanali Lubri coal mine, and the Sakhigopal-B Kakurhi coal ...

JHARSUGUDA, JULY 15, 2024 (TBB BUREAU): Vedanta Aluminium, India’s leading producer of aluminium, has marked a significant milestone in healthcare accessibility by facilitating over 20,000 medical tests through its state-of-the-art diagnostic centres in Jharsuguda and Laikera. Since their inauguration in August 2023, these centres have emerged as pivotal hubs for comprehensive healthcare services, bolstering diagnostic capabilities and raising healthcare standards ...

ANGUL, JULY 15, 2024 (TBB BUREAU): The air in Jindal Nagar and its surrounding villages was filled with a deep sense of spiritual fervor as thousands of devotees came together to celebrate the Bahuda Yatra festival at Devbhoomi. This auspicious occasion marked the return journey of the revered deities – Mahaprabhu Balabhadra, Devi Subhadra, and Mahaprabhu Jagannath along with Lord ...

PURI, JULY 15, 2024 (TBB BUREAU):  Amidst fervent chants of ‘Jai Jagannath’ and the resonant beat of cymbals, thousands of devotees joyously pulled the ornate chariots carrying the revered sibling deities – Lord Jagannath, Devi Subhadra, and Lord Balabhadra – during the ‘Bahuda Yatra’ or return car festival here on Monday. Scheduled to commence at 4 pm, the chariot pulling ...

BHUBANESWAR, JULY 15, 2024 (TBB BUREAU): In a proactive move towards environmental conservation, Paradeep Phosphates Limited (PPL) launched its ambitious ‘One Lakh Plantation Drive’ today at its Paradeep Plant Site. This initiative, which aims to plant 100,000 saplings within the company’s premises, marks a significant step toward enhancing green cover and promoting sustainable practices. The inauguration ceremony was graced by ...

ROURKELA, JULY 15, 2024 (TBB BUREAU): The industrious employees at RSP’s Mechanical Shop have reached a significant milestone by internally manufacturing critical pinch rolls for the Hot Strip Mill-2 (HSM-2). These rolls, essential for the mill’s operations, are used to pinch hot-rolled plates and feed them into the coiler mandrel, converting them into finished coils. Originally supplied during the mill’s ...

BHUBANESWAR, JULY 15, 2024 (TBB BUREAU): In a celebration of World Youth Skills Day, Dalmia Bharat Foundation (DBF), the CSR arm of Dalmia Bharat Ltd (DBL), supported the ambitions of aspiring electricians by distributing electrical tool kits at its DIKSHa (Dalmia Institute of Knowledge and Skill Harnessing) center in Rajgangpur on Monday. Supported by Schneider Electric India Foundation, DBF handed ...