TBB BUREAU AHMEDABAD, AUG 8, 2023 Riding on higher income from operations, Adani Ports and Special Economic Zone Ltd (APSEZ) on Tuesday posted over 80 per cent rise in its consolidated net profit to Rs 2,119.38 crore in the April-June quarter of the current financial year (Q1FY24) as against net profit of Rs 1,177.46 crore in the corresponding period in ...

Gone are the days when mutual fund units were exclusively held in folio form. Over a decade ago, in 2011, SEBI directed mutual fund houses to give investors the option to hold their units under open-ended schemes in their demat account, to enable them to better manage their portfolios. Since then, a growing number of investors are choosing to leverage ...

TBB BUREAU NEW DELHI, AUG 8, 2023 Coal/Lignite PSUs under the Ministry of Coal have not only enhanced their production level over the years to meet the rising energy demand of the country, but have also shown matching sensitivity and care towards native environment by adopting various mitigation measures, including reclamation of mined out areas and extensive plantation in and ...

TBB BUREAU NEW DELHI, AUG 8, 2023 The Union Steel Ministry has constituted 13 Task Forces with the engagement of industry, academia, think tanks, S&T bodies, different Ministries and other stakeholders to discuss, deliberate and recommend upon decarbonisation of the steel sector. The Task Force on Skill Development is constituted to carry out discussions on skilling, up-skilling and re-skilling of ...

TBB BUREAU NEW DELHI, AUG 8, 2023 In a major boost to fruits exports prospects, Agricultural and Processed Food Products Export Development Authority (APEDA), which works under the aegis of Ministry of Commerce and Industry, has facilitated the export of the first trial shipment of fresh pomegranate to the USA through air route. The first export consignment of pomegranate to ...

TBB BUREAU MUMBAI, AUG 8, 2023 Owing to strong demand from the infrastructure, real estate, irrigation, and water supply and sanitation (WSS) sectors, revenue of electric resistance welded (ERW) steel pipes manufacturers is expected to grow 10-12 per cent in the current financial year (FY24), a CRISIL report said on Tuesday. The industry had logged 16-18 per cent growth last ...

TBB BUREAU MUMBAI, AUG 7, 2023 Union Bank of India MD & CEO A. Manimekhalai on Monday virtually inaugurated the launch of 200 Micro Processing Centres (MPCs) pan India which will facilitate sourcing, sanction and disbursement of Micro Credit Applications with the help of Business correspondence. The main agenda is to meet the growing demand in microcredit proposals, including various ...

TBB BUREAU NEW DELHI, AUG 7, 2023 In a one-of-its-kind inclusive step within the domestic manufacturing sector, Vedanta Aluminium, India’s largest producer of aluminium, has introduced a ground-breaking ‘Gender Reaffirmation Leaves and Compensation Policy’ for LGBTQ+ employees employed at its operations. The policy extends to staff members at all its locations, including its mega aluminium smelter at Jharsuguda and world-class ...

TBB BUREAU BHUBANESWAR, AUG 7, 2023 Jindal Steel & Power (JSP) on Monday observed the 93rd birth anniversary of its founder Om Prakash Jindal, popularly known as  Bauji,  at its Angul plant and surrounding geography  conducting  several  participatory community friendly programmes. Early in the morning, Angul Location Head and Executive Director In-Charge, Hridayeshwar Jha, and Executive Director, Damodar Mittal, led ...

TBB BUREAU MUMBAI, AUG 07, 2023 India’s top commercial electric vehicle manufacturer Altigreen has partnered with Axis Bank, one of the largest private sector banks in India, to provide customized retail financing alternatives to its customers. This partnership is aligned to streamline and simplify the purchasing process and empower customers in their transition to electric mobility. Axis Bank’s extensive range ...