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 ...

TBB BUREAU NEW DELHI, JULY 30, 2022 Energy sector, power sector will play a significant role in accelerating India’s progress in the next 25 years, said Prime Minister Narendra Modi while dedicating two of NTPC’s green projects to the nation on Saturday. Dedicating NTPC Ramagundam Floating Solar Project (100 MW) in Telangana and NTPC Kayamkulam Floating Solar Project (92 MW) ...

TBB BUREAU BHUBANESWAR, JULY 30, 2022 As the industrial hub of Eastern India, Odisha has been a key market in terms of business engagement for YES Bank with a CD Ratio of 97 per cent in the state as on March 31, 2022, much higher than RBI stipulated requirement of 60 per cent and the State Average. The total deposits ...

TBB BUREAU MUMBAI, JULY 29, 2022 BOB Financial Solutions Limited has announced the launch of its credit card servicing mobile app, ‘bobcard’, to give its customers a one-stop solution to manage their Bank of Baroda credit card services on the move. Designed in collaboration with IBM, ‘bobcard’ is a smart digital platform that offers a battery saver dark-themed interface that ...

TBB BUREAU BHUBANESWAR, JULY 29, 2022 Integrated logistics service provider Balmer Lawrie & Co. Ltd. on Friday announced the unveiling of its new state-of-the-art Cold Chain Unit at Bhubaneswar in Odisha. Union Minister of State for Petroleum and Natural Gas Rameswar Teli inaugurated the Cold Chain facility in the presence of Balmer Lawrie Chairman & Managing Director Adika Ratna Sekhar ...

TBB BUREAU NEW DELHI, JULY 29, 2022 Vedanta Aluminium, India’s largest producer of aluminium, launches the FY23 edition of its GreenHearts campaign during which it will plant more than 2 lakh saplings across its operations in Odisha and Chhattisgarh. Launched last year, GreenHearts is an annual bio-investment campaign, whereby the company’s business units undertake mass plantation drives during monsoon, for ...

TBB BUREAU HYDERABAD, JULY 29, 2022 KL Deemed-to-be University, one of the leading universities in the country for graduation and higher education, has announced a strategic collaboration with the nationally renowned Imarticus Learning, India’s foremost EdTech company, to develop an exceptional on-campus MBA program in Fintech. KL University has embarked on this collaboration to steer in creating a world-class learning ...

TBB BUREAU KANHA, JULY 29, 2022 To celebrate 75 years of India’s Independence, The Ministry of Power in association with NTPC Kaniha organized the ‘Bijli Mahotsav’ under the ‘Azadi Ka Amrit Mahotsav’ at Kamakhyanagar in the Dhenkanal district of Odisha on Friday. The program was inaugurated by Archana Puhan, Zilla Parishad President, Dhenkanal, Bilasini Sethi, Zilla Parishad Vice President. Ramesh ...

TBB BUREAU NEW DELHI, JULY 29, 2022            State-owned NTPC on Friday posted a more than 15 per cent increase in consolidated net profit to Rs 3,977.77 crore in the first quarter (Q1) of the current fiscal (FY23) on the back of higher income.            The consolidated net profit of the company in the corresponding period in the previous ...

TBB BUREAU BHUBANESWAR, JULY 29, 2022 Notwithstanding the adverse effects of Covid-19 pandemic, Odisha continues to lead in attracting new investment projects and in just four years between 2018-19 and 2021-22 it has cornered new proposals worth Rs 4 lakh crore, as per a study undertaken jointly by MSME Export Promotion Council and knowledge firm BillMart FinTech. The study, which ...