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Demand environment for technology continues to be robust: Roshni Nadar

TBB BUREAU BHUBANESWAR, MAY 14, 2022 Notwithstanding the challenges seen over the last two years, the demand environment for technology “continues to be robust”, and global clients have a razor-sharp focus on accelerating digital transformation with efficiency, HCL Technologies Chairperson Roshni Nadar Malhotra said. “North Asia, Central America, Eastern Europe and Africa are newer geographies for the company,” she said, ...

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BoB net profit jumps nine-fold YoY to Rs 7,272 crore

TBB BUREAU NEW DELHI, MAY 13, 2022 The state-owned lender Bank of Baroda (BoB) on Friday declared a nine-fold jump in its profit after tax (PAT) of Rs 7,272 crore for the financial year 2021-22 (FY22) as compared to a PAT of Rs 829 crore registered in FY21. BoB reported a net profit of Rs 1,779 crore in the fourth ...

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Union Bank of India Q4FY22 profit up 8pc at Rs 1,440 cr

TBB BUREAU NEW DELHI, MAY 13, 2022 Union Bank of India on Friday reported over 8 per cent rise in standalone net profit at Rs 1,440 crore for the quarter ended March 2022. The lender had logged a net profit of Rs 1,330 crore in the same quarter of previous fiscal year. Total income rose to Rs 20,417.44 crore during ...

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Modicare launches ‘Blue Light Shield’ range skincare products

TBB BUREAU BHUBANESWAR, MAY 12, 2022 Modicare Limited, one of India’s leading direct selling companies, recently launched Blue Light Shield, a gender-neutral and efficacious skincare range to combat the harmful effects of Blue Light rays. Urban Color London’s Blue Light Shield range leverages innovation and technology to offer the consumers a ‘Screenguard’ against the high energy Blue Light emitted from ...

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SpiceJet, Axis Bank launch co-branded credit card

TBB BUREAU GURUGRAM, MAY 12, 2022 SpiceJet and Axis Bank on Thursday launched a co-branded credit card that will come in two variants, the airline said in a statement. The card comes in two variants – SpiceJet Axis Bank Voyage and Voyage Black, and is designed to enable customers use the rewards earned on their daily spends for booking flights ...

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Jindal Stainless supplies stainless steel for India’s first RRTS project

TBB BUREAU BHUBANESWAR, MAY 12, 2022 Furthering the vision of the government to develop robust and modern infrastructure, the first trainset of India’s first Regional Rapid Transit System (RRTS) was recently handed over to the National Capital Region Transport Corporation (NCRTC). Jindal Stainless is supplying stainless steel to Alstom for developing technologically-advanced and state-of-the-art trainsets for this project. The first ...

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Experian launches PowerCurve Strategy Management solution

TBB BUREAU BHUBANESWAR, MAY 12, 2022 Experian, the world’s leading global information services company, has launched a new PowerCurve Strategy Management solution, a powerful decisioning solution delivered as software-as-a-service via cloud. The solution is designed to help organisations leverage data and make faster, secure, and informed business decisions. PowerCurve is a unified platform that helps businesses understand and leverage their ...

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Rosmerta Group acquires Sensorise Digital Services

TBB BUREAU BHUBANESWAR, MAY 12, 2022 Rosmerta Group today announced the acquisition of Sensorise Digital Services. Rosmerta Group has been a strategic investor in Sensorise since inception. This acquisition reinforces the belief of group in the opportunities that M2M and IoT space are expected to provide in the years to come. Rosmerta group is the market leader in several transport ...

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PNB sees 10 pc overall credit growth in FY23

TBB BUREAU NEW DELHI, MAY 12, 2022 Country’s second-largest public sector bank Punjab National Bank (PNB) expects an overall credit growth of 10 per cent in FY 2022-23 on the back of robust credit demand seen in steel, road and cement sectors besides NBFCs, PNB Managing Director & CEO Atul Kumar Goel told media persons at a virtual press meet ...

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PPL sets IPO price band at Rs 39-42 per share

TBB BUREAU BHUBANESWAR, MAY 12, 2022 Zuari Agro Chemicals-backed fertiliser company Paradeep Phosphates Ltd (PPL) has set the price band for its Initial Public Offering (IPO) at Rs 39-42 per share having face value of Rs 10. Through the IPO, the government will be offloadng its entire stake of 19.55 per cent in the company. The IPO will open on ...

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