TBB BUREAU RAJGANGPUR, AUG 10, 2023 Dalmia Cement Bharat Ltd (DCBL), India’s leading cement manufacturing company has taken a significant step towards promoting agricultural sustainability and enhancing food security in Odisha, through the launch of project ‘Annadata’. With the primary focus on promoting Paddy and Ragi cultivation, project Annadata aims to empower farmers through sustainable agricultural practices. With the year ...
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PPA fastest Major Port to handle 50 MMT Cargo in FY24
TBB BUREAU PARADIP, AUG 10, 2023 Paradip Port added one more feather to its illustrious cap as it achieved a major milestone by clocking record cargo throughput of 50.16 MMT Cargo on Tuesday (August 8, 2023), by registering 6.5 per cent growth over the corresponding period of the previous fiscal. This feat has been achieved by the Port in 129 ...
Read More »SBI Card enables RuPay credit cards on UPI
TBB BUREAU NEW DELHI, AUG 10, 2023 SBI Card, India’s largest pure-play credit card issuer, and National Payments Corporation of India (NPCI) have announced the linking of SBI credit cards on RuPay platform with UPI. Starting Thursday, SBI Card customers will be able to make UPI transactions through their credit cards issued on RuPay. The functionality can be availed through ...
Read More »Hindalco, Texmaco team up to make aluminium rail wagons and coaches
TBB BUREAU BHUBANESWAR, AUG 10, 2023 Aditya Birla Group flagship Hindalco Industries, and Texmaco Rail & Engineering on Thursday entered into a strategic alliance and announced a Rs 200 crore investment to develop and manufacture world-class aluminium rail wagons and coaches that will help Indian Railways achieve its emission goals and bolster operating efficiency, Hindalco said in a statement. Indian ...
Read More »Union Bank of India pays record dividend of Rs 1712 cr to Govt for FY23
TBB BUREAU MUMBAI, AUG 9, 2023 Union Bank of India (UBI), has given to the Government a dividend cheque of Rs.1,712 crore for the financial year 2022-23 (FY23). This is the highest dividend the Union Bank of India has given in any financial year. Union Bank of India Managing Director & CEO A. Manimekhalai handed over the dividend cheque to ...
Read More »CCI approves merger of TCFSL and TCCL into TCL
TBB BUREAU NEW DELHI, AUG 8, 2023 The Competition Commission of India (CCI) CCI approves merger of Tata Cleantech Capital Limited (TCCL) and Tata Capital Financial Services Limited (TCFSL) into Tata Capital Limited (TCL). The proposed combination is a merger of TCFSL and TCCL into TCL. TCL is registered with the Reserve Bank of India (RBI) as a Systematically Important ...
Read More »Coal India Q1FY24 net profit at Rs 7,941.40 cr
TBB BUREAU NEW DELHI, AUG 8, 2023 State-owned Coal India Ltd (CIL) on Tuesday posted a consolidated net profit to Rs 7,941.40 crore for the quarter ended on June 30, 2023 (Q1FY24), a 10.1 per cent fall from the corresponding period of the previous fiscal. CIL had registered a net profit of Rs 8,834.22 crore in the April-June period of ...
Read More »Vedanta Aluminium conducts first-ever transformer fire mock drill in Jharsuguda
TBB BUREAU JHARSUGUDA, AUG 8, 2023 Vedanta Aluminium, in association with the Directorate of Factories and Boilers of the Odisha Government, recently conducted an on-site mock drill to counter transformer fires, at its aluminium smelter in Jharsuguda. This milestone event marked the first-of-its-kind drill conducted within a transformer area among all industries in Jharsuguda, a strong testament of Vedanta Aluminium’s ...
Read More »NTPC REL wins Bid for 80 MW floating solar project in Madhya Pradesh
TBB BUREAU RANCHI, AUG 8, 2023 NTPC Renewable Energy Limited has emerged as the successful bidder for 80 MW Floating Solar capacity at Omkareshwar Reservoir, Khandwa in Madhya Pradesh. The bidding was conducted on Tuesday by Rewa Ultra Mega Solar Limited (RUMSL), the JV Company of Solar Energy Corporation of India (SECI) and MP Urja Vikas Nigam Ltd. The discovered ...
Read More »JSP Founder’s Day Celebration: Barbil, Tensa & Kasia Units remember OP Jindal on 93rd birth anniversary
TBB BUREAU JODA/BARBIL, AUG 8, 2023 Jindal Steel & Power (JSP) celebrated the 93rd birth anniversary of its founder OP Jindal, on Monday. The day was marked by a series of spiritual, cultural and sporting events at the company’s Barbil Pellet Plant, Tensa and Kasia Iron Mines. At the Barbil Pellet Plant, floral tributes were paid to OP Jindal at ...
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