TBB BUREAU BHUBANESWAR, AUGUST 1, 2022 Jindal Steel & Power (JSP) Executive Vice President Kapil Mantri has been selected amongst the top 40 finance professionals of the country and awarded with the ‘40 Under Forty’ award in the BFCFO event organized by the Businessworld magazine. Kapil has been awarded for his contribution to JSP and the field of Finance. He ...

TBB BUREAU NEW DELHI, AUGUST 1, 2022 India’s leading Insurtech startup, InsuranceDekho, has recently added pet insurance to its product portfolio. InsuranceDekho has partnered with Future Generali India Insurance Company to offer this unique Dog Health Cover and is also in the process of tying up with other insurers. On the day of the launch, the company hosted a special ...

TBB BUREAU MUMBAI, AUGUST 1, 2022 DSP Investment Managers on Monday announced the launch of DSP Silver ETF which will invest in physical silver and silver related instruments. This new ETF offers investors an easier way to buy or sell silver compared to the physical version with the freedom to trade easily. Demand for silver is higher than supply and ...

TBB BUREAU BHUBANESWAR, AUGUST 1, 2022 India’s leading player in steel manufacturing and mining, Rungta Mines Limited (RML) developed an open gymnasium at Barbil in Odisha as part of its CSR initiative. The project has outdoor gym equipment like a step-trainer, air walker, leg press, abs trainer, chest press, fun rower, pendulum, shoulder press, rider, twister, and spinner among others.  ...

TBB BUREAU MUMBAI, AUGUST 1, 2022 SVC Co-operative Bank Ltd. (SVC Bank), one of India’s leading co-operative bank, and Small Industries Development Bank in India (SIDBI), country’s apex financial institution for micro, small and medium enterprises (MSMEs), today announced entering into a partnership through an agreement. The agreement was signed by Ashish Singhal, MD, SVC Bank and Sanjeev Gupta, GM, ...

TBB BUREAU NEW DELHI, AUGUST 1, 2022 Auguste Tano Kouamé on Monday took over as World Bank’s Country Director for India. He replaced Junaid Kamal Ahmad who recently completed a five-year term.  Prior to the new assignment, Kouamé served as the World Bank’s Country Director for the Republic of Türkiye – where he led the expansion of the Bank’s country ...

TBB BUREAU NEW DELHI, AUGUST 1, 2022 The gross goods and service tax (GST) revenue collected in the month of July 2022 stood at Rs 1,48,995 crore, registering a growth of 28 per cent year-on-year (Y-o-Y). It is also the second highest ever collection since the introduction of GST in 2017, the Finance Ministry said in a press release on ...

TBB BUREAU SAMBALPUR, JULY 31, 2022 Artificial intelligence (AI) and internet of things (IoT) can have a significant role to play in ensuring sustainable mining practices, said OP Singh, Chairman-cum-managing Director, Mahanadi Coalfields Limited (MCL). Addressing the Area General Managers (AGMs) and Head of Departments (HoDs) at the workshop on mine closure, social forestry and artificial intelligence held on Saturday, ...

TBB BUREAU BHUBANESWAR, JULY 30, 2022 Public sector Indian Bank recorded a net profit of Rs 1,213.44 crore in the first quarter (Q1) of the current financial year (FY23) as compared to Rs 1,181.66 crore earned during the corresponding period of the previous year. Shanti Lal Jain, Managing Director & CEO , Indian Bank During Q1FY23, the bank’s advances grew ...

TBB BUREAU MUMBAI, JULY 30, 2022 With rise in net interest income and improvement in the asset quality, public sector lender Bank of Baroda (BoB)’s  stand alone net profit zoomed  79.3 per cent to Rs 2,168 crore in the first quarter (Q1) of the current financial year (FY2022-23) as compared to Rs 1,209 crore reported in the corrsponding period in ...