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BoB raises Rs 5,000 crore through issue of 10-year bonds at 7.57pc

TBB BUREAU MUMBAI, JAN 25, 2024 Bank of Baroda (BoB), a state-owned lender, on Thursday announced the successful raising of Rs 5,000 crore through 10-year infrastructure bonds, featuring a coupon rate of 7.57 percent. The bank received an impressive response from investors, garnering a total of 128 bids amounting to Rs 14,950 crore against the targeted issue size of Rs ...

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TPSODL champions safer roads with a free eye check-up camp

TBB BUREAU BERHAMPUR, JAN 25, 2024   As part of the ongoing National Road Safety Month Campaign, TP Southern Odisha Distribution Limited (TPSODL) organized a free eye check-up camp at the Ambagada Training Centre in Berhampur. Collaborating with Sankar Eye Hospital in Hinjilicut, Ganjam, the Safety Department and Corporate Social Responsibility (CSR) Department of TPSODL joined forces for this impactful ...

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Vedanta Aluminium renews commitment to empowering girls on National Girl Child Day

TBB BUREAU NEW DELHI, JANUARY 25, 2024 On the occasion of National Girl Child Day (January 24), Vedanta Aluminium, India’s largest producer of aluminium, reaffirmed its dedication to empowering girls and young women residing in rural Odisha and Chhattisgarh, where its operations are based. The company has undertaken a range of initiatives aimed at enhancing access to education, improving healthcare, ...

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PNB Q3FY24 profit surges over three-fold to Rs 2,223 cr

TBB BUREAU NEW DELHI, JAN 25, 2024 Punjab National Bank (PNB) reported a substantial surge in its profit to Rs 2,223 crore for the third quarter ending December 31, 2023, marking a more than threefold increase compared to Rs 629 crore during the same period in the previous fiscal. According to a regulatory filing, the bank’s total income also saw ...

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An Attack Like No Other

IT was on 25 January 2023, exactly a year ago, when news arrived at breakfast that a short-seller in New York had put up an online compilation of allegations against the Adani Group. Fatuously self-styled as a ‘research report’, it contained the same stale allegations that my detractors had been trying to resurrect by peddling them through their allies in ...

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SBI Foundation MD inaugurates ‘SBI Sanjeevani’ Mobile Medical Unit

TBB BUREAU BHUBANESWAR, JAN 24, 2024 Managing Director of SBI Foundation, Sanjay Prakash, ceremoniously inaugurated ‘SBI Sanjeevani,’ a mobile medical unit, in an event held here on Wednesday. This initiative is a vital component of the Foundation’s Corporate Social Responsibility (CSR) endeavors, falling under the flagship program ‘Gram Seva,’ executed in collaboration with ‘Gram Vikas,’ a non-profit organization. The ‘Sanjeevani’ ...

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Dalmia Bharat Q3FY24 net profit up 22pc at Rs 266 cr

TBB BUREAU NEW DELHI, JAN 24, 2024 Leading cement manufacturing company Dalmia Bharat Ltd on Wednesday reported a 22.2 per cent year-on-year rise in its consolidated net profit for the fiscal third quarter (Q3FY24) to Rs 266 crore. This growth was attributed to easing commodity prices along with subdued fuel cost. Net profit was in line with estimates of analysts ...

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2nd Odisha Mining & Infrastructure International Expo 2024 to unveil Global Mining Innovations

TBB BUREAU BHUBANESWAR, JAN 24, 2024 The highly anticipated 2nd Odisha Mining & Infrastructure International Expo is set to take place in Bhubaneswar from February 15th to 18th, organized by Futurex Trade Fair and Events Pvt. Ltd. Supported by the ODISHA ASSEMBLY OF SMALL & MEDIUM ENTERPRISES, PHD Chamber of Commerce and Industry, and other trade bodies, this international B2B ...

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Adani Dhamra Port hosts Dhamra.Connect-2024

TBB BUREAU DHAMRA, JAN 24, 2024 The Dhamra.Connect-2024 took place at Dhamra Port premises on January 19-20, drawing participation from officials representing diverse industries within the state and across India, along with representatives from both government and non-government organizations. These industries play a crucial role in supporting Dhamra Port’s operations in cargo handling and import-export activities. Adani Dhamra Port CEO ...

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