TBB BUREAU NEW DELHI, SEPT 07, 2022 Honda Cars India Ltd. (HCIL) on Wednesday announced that its popular family sedan Honda Amaze has cumulatively sold 5 lakh units since its first introduction in 2013. The car, presently in its second generation version, holds a strong position in India’s entry sedan segment and enjoys a preferred brand status among personal buyers. ...
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India provides best investment opportunity to investors across the world: Union Minister Goyal
TBB BUREAU BHUBANESWAR, SEPT 06, 2022 Union Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal on Tuesday said that India today provides the best investment opportunity to the investors across the world, while calling upon investors in the US to avail the opportunities that India offers. He said this while addressing the US ...
Read More »Centre releases PDRD grant of Rs 7,183 cr to 14 States
TBB BUREAU NEW DELHI, SEPT 06, 2022 Following recommendation of the 15th Finance Commission, the Union Finance Ministry on Tuesday released the sixth monthly instalment of Post Devolution Revenue Deficit (PDRD) grant of Rs 7,183.42 crore to 14 states. The Commission has recommended a total PDRD grant of Rs 86,201 crore to 14 states for 2022-23., which is released by ...
Read More »Vedanta’s Jharsuguda Aluminium Smelter reduces Specific Water Consumption by 11pc in FY22
TBB BUREAU BHUBANESWAR, SEPT 06, 2022 Vedanta Aluminium, India’s largest producer of aluminium, on Tuesday said that its Aluminium Smelter-I at Jharsuguda in Odisha has emerged as a national benchmark in water efficiency amongst aluminium smelters in India. The smelter has substantially reduced its Specific Water Consumption (water consumed per unit of metal produced) by around 11per cent in the ...
Read More »NTPC Swayamsiddha Ladies Club felicitates Blind School Teachers on Teachers’ Day
TBB BUREAU RANCHI, SEPT 06, 2022 Swayamsiddha Ladies Club of NTPC Coal Mining Headquarters in Ranchi on Teachers’ Day felicitated the teachers of one of the oldest schools of Ranchi, St. Michael Blind School, residential school for children with visual impairment. On this occasion, Mahua Mazumder, President, Swayamsiddha Ladies Club conveyed good wishes to the teachers on the occasion of ...
Read More »MOFSL launches financial market research & analysis platform ‘RESEARCH 360’
TBB BUREAU BHUBANESWAR, SEPT 06, 2022 Motilal Oswal Financial Services Limited (MOFSL) on Tuesday announced the launch of ‘RESEARCH 360’, a first-of-its-kind financial market research & analysis platform. This unique platform will act as a one-stop destination for the investors and traders to perform detailed fundamental and technical research which will help in taking prudent investment or trading decisions in ...
Read More »Reliance Industries to acquire US SenseHawk for $32 mn
TBB BUREAU MUMBAI, SEPT 06, 2022 Reliance Industries Ltd (RIL) has signed definitive agreements to acquire a majority stake in the US-based SenseHawk Inc for $32 million. In a regulatory filing late Monday, Reliance Industries said it has inked an agreement to acquire majority stake in SenseHawk for $32 million including funding for future growth, commercial rollout of products, and ...
Read More »Kotak Asset Management Company launches Business Cycle Fund
TBB BUREAU BHUBANESWAR, SEPT 06, 2022 Kotak Mahindra Asset Management Company Ltd on Tuesday announced the launch of Kotak Business Cycle Fund, an open-ended scheme following business cycles based investing theme that would invest in stocks and sectors of the companies that can navigate through economic cycles. The scheme opens for public subscription on 7th September, 2022 and closes on ...
Read More »Future Generali launches ‘FG Health Absolute’
TBB BUREAU BHUBANESWAR, SEPT 05, 2022 Future Generali India Insurance Company Limited (FGII) has launched a comprehensive health insurance product – FG Health Absolute, designed towards empowering customers to actively manage their health and leading a healthy lifestyle. FG Health Absolute comes with a host of wellness benefits provided as a part of the product. The policy helps customers access ...
Read More »NTPC acquires Jhabua Power through Corporate Insolvency Resolution route
TBB BUREAU NEW DELHI, SEPT 05, 2022 India’s largest integrated power producer NTPC Ltd has successfully acquired Jhabua Power Limited (JPL) through Corporate Insolvency Resolution Process initiated by National Company Law Tribunal (NCLT), Kolkata. This is the first acquisition of a power asset by NTPC through NCLT route, a step forward in accomplishing NTPC’s long-term capacity targets. Shareholders Agreement ...
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