The Business Bytes

TBB BUREAU MUMBAI, APR 25, 2023 Riding on healthy growth in interest income, AU Small Finance Bank on Tuesday reported a 23 per cent year-on-year (Y-o-Y) rise in its March quarter (Q4FY23) net profit to Rs 424.6 crore. Total income rose 34 per cent to Rs 9240 crore. NII for the quarter stood at Rs 4425 crore. Net interest income ...

TBB BUREAU ANGUL, APR 25, 2023 JSP Foundation, the CSR arm of Jindal Steel & Power (JSP) provided foldable couches with partition screens to 50 Village Health, Sanitation and Nutrition Day (VHND) points under Banarpal and Chhendipada Blocks of Angul district. The VHND programme are conducted regularly for antenatal and postnatal checkup of  pregnant women and lactating mothers, basic health ...

TBB BUREAU MUMBAI, APR 25, 2023 Capri Global Capital Ltd (CGCL), a leading NBFC, has appointed Basant Dhawan as its Group Chief Marketing Officer on Monday. He will spearhead the Marketing portfolio and will be responsible for planning, developing, implementing and monitoring the marketing strategy across all businesses as the company enters the next stage of growth. This includes brand ...

TBB BUREAU BHUBANESWAR, APR 25, 2023 The Wadi project, initiated by Dalmia Bharat Foundation (DBF), the CSR wing of Dalmia Bharat Ltd. (DBL) in partnership with NABARD (National Bank for Agriculture and Rural Development), will benefit over 400 farmers from 9 gram panchayats in Rajgangpur and Kutra Blocks in Odisha. The Wadi project under the Tribal Development Fund (TDF) aims ...

TBB BUREAU NEW DELHI, APR 24, 2023 Vedanta Aluminium, India’s largest producer of aluminium, observed Earth Day 2023 at its operations across Odisha and Chhattisgarh through several initiatives reinforcing its continued commitment to building a sustainable future. The company has now achieved a significant milestone in this endeavour by deploying a new Material Recovery Facility, a specialised plant to segregate ...

TBB BUREAU MUMBAI, APR 24, 2023 Tata Steel has commenced the trial injection of hydrogen gas using 40% of the injection systems in ‘E’ Blast Furnace at its Jamshedpur Works. This is the first time in the world that such a large quantity of hydrogen gas is being continuously injected in a blast furnace. The trial which started on Sunday, ...

TBB BUREAU BHUBANESWAR, APR 24, 2023 ‘Mo college’ shines again with an MoU signed between ‘Mo College Abhijan Parichalana Sangathan’ (MCAPS) and ‘Tata Community Initiatives Trust’ (TCIT) in the presence of ‘Mo College’ Chairperson Akash Dasnayak and TCIT CEO Anita Rajan on Wednesday, to create scopes and development in the area of skill and entrepreneurship as well as to train ...

TBB BUREAU MUMBAI, APR 24, 2023 Union Minister of State for Finance Dr. Bhagwat Karad on Monday asked bankers to focus on banking the unbanked, securing the unsecured and funding the unfunded. Speaking at a review meeting on Financial Inclusion Parameters of Western Maharashtra in Satara today, the Minister further said that the PM Svanidhi scheme gives small loans to ...

TBB BUREAU NEW DELHI, APR 24, 2023 1989 Batch IAS officer Rajesh Kumar Singh has assumed the charge of Secretary, Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry. Prior to the new assignment, he was serving as Secretary, Department of Animal Husbandry & Dairying, Ministry of Fisheries, Animal Husbandry & Dairying. Kerala cadre officer Singh ...

TBB BUREAU MUMBAI, APR 24, 2023 Union Bank of India, the country’s fifth largest public sector bank, in collaboration with Reserve Bank Innovation Hub (RBIH), simplified the annual submission of Form 15G & H for its customers by enabling online submission via the Bank’s WhatsApp channel, Union Virtual Connect (UVConn). Union Bank of India customers can avail banking services in ...