TBB BUREAU NEW DELHI, APR 28, 2023 SBI Cards and Payment Services Ltd (SBI Card) on Friday reported a marginal increase in its net profit to Rs 596 crore in the quarter ended March 2023 as against a net profit of Rs 581 crore reported in the same quarter of the previous fiscal. The company’s total income during the January-March ...
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TPCODL upgrades transformer in Kakatpur-I Section for consumers’ benefit
TBB BUREAU BHUBANESWAR, APR 28, 2023 At a time when a section of media circulating biased reports on energy distribution company Tata Power Central Odisha Distribution Limited (TPCODL)’s alleged careless attitude towards consumers’ grievances, the discom has been working day and night to provide quality electricity to its consumers even in remote areas under its jurisdiction. TPCODL is building a ...
Read More »Ageas Federal Life Insurance net profit up 21pc in FY23 at Rs 114 crore
TBB BUREAU MUMBAI, APR 28, 2023 Ageas Federal Life Insurance, one of India’s leading private life insurance companies, on Friday announced its financial results for the 12-month period ending March 31, 2023, reporting a net profit of Rs 114 crore. Ageas Federal’s total premium rose by 4 per cent to Rs 2,289 crore in FY 2022-23 from Rs 2,207 crore ...
Read More »Indian Maritime sector leapfrogs to compete with the best in world
TBB BUREAU NEW DELHI, APR 28, 2023 Average Container dwell time for India, as per World Bank’s Logistics Performance Index (I-PI) Report — 2023, has achieved a level of 3 days only as compared to 4 days for countries like UAE and South Africa, 7 days for USA and 10 days for Germany. The investment made by the country in ...
Read More »ICSI Bhubaneswar Chapter observes Capital Markets Week-2023
TBB BUREAU BHUBANESWAR, APR 28, 2023 The Bhubaneswar Chapter of The Institute of Company Secretaries of India (ICSI) organised ICSI Capital Market Week-2023 on the theme “Learnings from G20: Journey towards sustainable, competitive and holistic capital markets”, here on Thursday. Speaking on the occasion, former CGM of Securities and Exchange Board of India (SEBI), Prof. Sarat Kumar Malik said that ...
Read More »Major ports in country achieve record-breaking milestones in FY23
TBB BUREAU NEW DELHI, APR 28, 2023 India’s major ports reached unprecedented heights, setting new records across various key performance indicators in the financial year 2022-23, said Union Minister for Ports, Shipping & Waterways, Sarbananda Sonowal. Speaking at the 2nd edition of FICCI’s Port Infrastructure Conclave in New Delhi today, Sonowal noted that major ports collectively handled a record-breaking 795 ...
Read More »Vedanta Aluminium gets ASI Performance Standard V2 Certification
TBB BUREAU NEW DELHI, APR 27, 2023 Vedanta Aluminium, the largest producer of primary aluminium in India, has achieved ASI Performance Standard V2 (2017) Certification at its SEZ Smelter for manufacturing and supply of all primary aluminium product in the form of billets, wire rod, primary foundry alloys (PFA), ingot and sow ingot, as well as its ‘Restora’ brand of ...
Read More »Tata Steel signs business cooperation agreement with A&B Global Mining
TBB BUREAU JAMSHEDPUR, APR 27, 2023 Tata Steel has signed a business cooperation agreement with A&B Global Mining Pvt. Ltd. (ABGM) to harness new business development opportunities and deliver mine technical services in areas such as exploration, resource evaluation, mine planning & scheduling, due-diligence, investment thesis, digitalization, clean/hybrid energy solutions, doing pre-feasibility, bankable feasibility studies, owners engineering and project management. ...
Read More »Making steel using hydrogen energy is the future of steel industry: JSP MD Bimlendra Jha
TBB BUREAU BHUBANESWAR, APR 26, 2023 “Making steel with the use of hydrogen energy is the future of steel industry,” said Bimlendra Jha, Managing Director of Jindal Steel & Power (JSP) while addressing the symposium on “Future of Steel Making in India and Contribution of Odisha and its MSMEs as its Downstream and Ancillary”, organised by the Utkal Chamber of ...
Read More »Vedanta Aluminium’s all-women firefighting team, ‘Agnivahini’ is now 100 member-strong
TBB BUREAU NEW DELHI, APR 26, 2023 In the leadup to World Day for Safety and Health at Work, Vedanta Aluminium announced that its Agnivahini firefighting team — a unique squad of women employees trained extensively in the complex yet crucial skill of firefighting — is now 100 members strong. Working with the fire safety team, the squad will reinforce ...
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