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RIL Q3FY22 net profit jumps 38 percent YoY to Rs 20,539 cr

TBB BUREAU MUMBAI, JANUARY 21, 2022 Reliance Industries Limited (RIL) on Friday reported record financial performance for the quarter ended 31st December 2021 with all its businesses posting robust growth. The company reported its highest ever consolidated net profit of Rs 20,539 crore and EBITDA of Rs 33,886 crore, with the revenues touching all time high of Rs 209,823 crore. ...

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TPCODL inaugurates first of its kind automatic test benches to ensure accurate meter

TBB BUREAU BHUBANESWAR, JANUARY 21, 2022 With customer-centricity at its core, TP Central Odisha Distribution Ltd (TPCODL), a joint venture between Tata Power and the Odisha Government, inaugurated its Meter Testing Laboratory at Bhubaneswar for calibration and testing of meters as per Indian standard specification. The company has procured four automatic test benches for testing of single phase and three-phase ...

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ET Money introduces new brand identity; adds personalisation to India’s investments

TBB BUREAU NEW DELHI, JANUARY 21, 2022 ET Money, one of India’s fastest growing investment and wealth management platforms, on Friday launched ET Money Genius, one of its kind membership service that will deliver personalized investing intelligence. To ensure a hyper-personalized experience, ET Money has revamped its entire App, brand identity and introduced a new design system. It has also ...

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Vedanta Aluminium launches short film series ‘People of Metal’

TBB BUREAU NEW DELHI, JANUARY 21, 2022 Vedanta Aluminium Business, India’s largest producer of aluminium and its value-added aluminium products, has launched ‘People of Metal’, a series of six short films featuring ordinary people from local communities around the companys operations, who have braved adversities to create extraordinary and inspiring stories. Through these videos, Vedanta Aluminium aims to celebrate those ...

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Novo Nordisk launches first of its kind diabetes treatment medication

TBB BUREAU BHUBANESWAR, JANUARY 20, 2022 With a focus on innovating products that improve patients’ lives, Novo Nordisk India launched the world’s first and only “peptide in a pill”, oral semaglutide, a gamechanger in diabetes management. Semaglutide, a GLP-1 receptor analogue (GLP-1 RA) – one of the drug classes to treat diabetes, till now was available only in the form ...

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ISSDA seeks level playing field for stainless steel industry

TBB BUREAU NEW DELHI, JANUARY 20, 2022 Indian Stainless Steel Development Association (ISSDA), representing the domestic stainless steel industry, has urged the government to restore Countervailing Duty (CVD) on imports from China and Indonesia, to ensure a level playing field for domestic manufacturers. ISSDA has made this plea ahead of the upcoming Union Budget in order to enable a level ...

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Jyotirmoy Mishra new Chairman of ICSI Bhubaneswar Chapter

TBB BUREAU BHUBANESWAR, JANUARY 19, 2022 Jyotirmoy Mishra has been elected as the Chairman of the Bhubaneswar Chapter of The Institute of Company Secretaries of India (ICSI) for the year 2022 Ajaya Kumar Majhi has been elected as the Vice Chairman of the Chapter, while Bimal Prasad Pattanaik and Rudra Madhab Sahoo have been elected as the Secretary and Treasurer, ...

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JSW CEO, other senior officials visit project area in Paradip

TBB BUREAU PARADIP, JANUARY 18, 2022  Senior officials of JSW including the company’s Chief Executive Officer on Tuesday visited the proposed JSW Project area in Dhinkia, Nuagaon and Gadkujang under Ersama Tehsil near Paradip. JSW Chief Executive Officer (CEO) Ranjan Naik, JSW Mines Chief BRK Padhi, Human Resources Chief Sreejit Mishra and Paradip Project Chief Subrata Sahu visited the proposed ...

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Vedanta Aluminium and Runaya Refining win ‘gold’ award for green technology partnership

TBB BUREAU NEW DELHI, JANUARY 18, 2022 Vedanta Aluminium Business and Runaya Refining have won the ‘Gold’ award at the ‘BW Recycling for a Greener Tomorrow Awards 2022’ in ‘Best in Recycling or Material Recovery Facility of the Year’ category. Vedanta Aluminium produces more than half of India’s aluminium at 1.97 million metric tonnes, at its smelters at Jharsuguda in ...

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