TBB BUREAU MUMBAI, JUNE 1, 2022 RELIANCE BRANDS LIMITED (RBL) and Plastic Legno SPA have signed a joint venture arrangement through which RBL will acquire a 40% stake in Plastic Legno SPA’s toy manufacturing business in India. This investment by RBL serves a dual purpose, bringing in vertical integration for RBL’s toy business and helping diversify the supply chain with ...

TBB BUREAU NEW DELHI, JUNE 1, 2022 Vedanta Aluminium, India’s largest producer of aluminium, has commissioned India’s largest electric fleet of 27 forklifts, powered by lithium-ion batteries. Done in partnership with GEAR (Gemini Equipment and Rentals Private Limited) India, this sets the ball rolling on Vedanta Aluminium’s plans to decarbonize its industrial vehicle fleet. All 27 forklifts arrived last month ...

TBB BUREAU MUMBAI, JUNE 1, 2022 Aditya Birla Group on Wednesday announced the formal launch of its new ‘House of Brands’ entity – TMRW. This move is in line with the group’s strategy to launch and back new-age digital ventures. TMRW, an Aditya Birla Group venture, will create India’s largest portfolio of disruptor brands in the fashion & lifestyle space ...

TBB BUREAU NEW DELHI, JUNE 1, 2022 The gross revenue from Goods and Service Tax (GST) in the month of May 2022 came in at Rs 140,885 crore, witnesing a year-on-year (YoY) growth of 44 per cent over the corresponding period in the previous year, data showed on Wednesday. This is the fourth time the monthly GST collection crossed Rs ...

TBB BUREAU LANJIGARH, MAY 31, 2022 Vedanta Limited, Lanjigarh unit, India’s premier producer of metallurgical grade alumina, sensitized local communities on the health impacts of tobacco consumption on World No-Tobacco Day today. While the adverse effects of consuming tobacco are well documented, millions continue to be affected by it each year. This is due to the general lack of awareness ...

TBB BUREAU NEW DELHI, MAY 31, 2022            Country’s largest power generating company NTPC on Tuesday said that the commercial operation at unit-3 of 660 megawatt (MW) capacity of Nabinagar Power Generating Company Limited (NPGCL) in Bihar, will begin from midnight.           “Unit-3 of 660 MW capacity of Nabinagar Power Generating Company Limited (wholly-owned subsidiary of NTPC Limited) is ...

TBB BUREAU NEW DELHI, MAY 31, 2022 The Centre has cleared the entire amount of Goods and Service Tax (GST) compensation payable to States up to May 31, 2022 by releasing an amount of Rs 86,912 crore, an official statement said on Tuesday. The payment was made to assist the states in managing their resources and ensuring that their programmes, ...

TBB BUREAU NEW DELHI, MAY 31, 2022 The government on Tuesday raised the premium for its flagship insurance schemes — Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY) in order to make them economically viable. The premium rate of PMJJBY has been revised upward to Rs 1.25 per day, translating into an increase from ...

TBB BUREAU MUMBAI, MAY 31, 2022 BOB Financial Solutions Limited (BFSL), a wholly-owned subsidiary of Bank of Baroda that issues and manages Bank of Baroda Credit Cards, has crossed the 1 million credit cards mark. As per Reserve Bank of India (RBI) data, Bank of Baroda credit cards have grown 9-fold over the last four years – from 0.12 million ...

TBB BUREAU SINGAPORE, MAY 30, 2022 Singapore Airlines (SIA) today unveiled its all-new flagship SilverKris and KrisFlyer Gold lounges at Singapore Changi Airport Terminal 3, following a S$50 million re-design, upgrade, and expansion project. This will further enhance the on-ground customer experience at the Airline’s main hub, and comes as the demand for international air travel from and through Singapore ...