TBB BUREAU CHENNAI, MAY 7, 2022 Lakshmi Venu, daughter of industry veteran Venu Srinivasan, has taken over as the managing director of Sundaram-Clayton Limited (SCL), one of India’s leading auto components manufacturers. She was the Joint Managing Director of Sundaram Clayton. She is considered as the lead architect of Sundaram Clayton’s global footprint. The decision to elevate Lakshmi Venu as ...

TBB BUREAU MUMBAI, MAY 6, 2022 Mukesh Ambani-led Reliance Industries Ltd on Friday reported a 22.5 per cent rise in net profit for the quarter ended March 2022 (Q4FY22) on the back of bumper oil refining margins, steady growth in telecom and digital services and strong momentum in the retail business. RIL’s consolidated net profit rose to Rs 16,203 crore ...

TBB BUREAU LANJIGARH, MAY 6, 2022 The Lanjigarh Unit of Vedanta Limited pledges to strengthen grassroots sporting culture on Kids Athletics Day by supporting young athletes from local communities. Placing holistic development of communities at the core of its operational philosophy, Vedanta Lanjigarh runs several socio-economic developmental projects in the region. Presently, over 100 students are undergoing training in Archery ...

TBB BUREAU MUMBAI, MAY 6, 2022          Reliance Jio Infocomm, the telecom subsidiary of Reliance Industries, on Friday reported an about 24 per cent increase in its standalone profit after tax (PAT) to Rs 4,173 crore for the quarter ended March 31, 2022 (Q4FY22) as against Rs 3,360 crore recorded in the corresponding period in the previous fiscal. India’s largest ...

TBB BUREAU BHUBANESWAR, MAY 6, 2022 The 109th meeting of the State Level Single Window Clearance Authority (SLSWCA) held under the chairmanship of Odisha Chief Secretary Suresh Chandra Mahapatra today approved 6 industrial projects worth Rs 493.62 crore that would generate employment opportunities for over 1317 people in the State. The SLSWCA gave its nod to Jatia Steel Ltd to ...

TBB BUREAU SAMBALPUR, MAY 6, 2022 Jugal Kumar Borah has assumed the charge as the Director (Technical/Projects & Planning) of Mahanadi Coalfields Limited (MCL), a Coal India Limited subsidiary. Prior to his new assignment, Borah was posted at Coal India Limited headquarters, Kolkata as General Manager (Production). Immediately after assuming charge, Borah visited the coalfields under MCL and reviewed the ...

TBB BUREAU BHUBANESWAR, MAY 6, 2022 Reliance Jio, in partnership with Disney+ Hotstar, now provides a 3-month subscription of Disney+ Hotstar Mobile at no extra cost, to its prepaid users on select recharges. Customers can choose from different Jio recharge plans with Disney+ Hotstar Mobile subscription for 3 months. Jio users also get Unlimited Voice, Data, SMS and other benefits ...

TBB BUREAU BERHAMPUR, MAY 5, 2022 With a mission to enhance the digital learning outreach, TP Southern Odisha Distribution Limited (TPSODL), the joint venture between Tata Power and Odisha Government for power distribution in Southern Odisha, is organizing Digital Literacy Campaigns across all its licenced area of operations. These districts include Ganjam, Gajapati, Koraput, Rayagada, Malkangiri, Nabarangapur, Kandhamal and Boudh. ...

TBB BUREAU CHENNAI, MAY 5, 2022 Two-wheeler and three-wheeler manufacturer TVS Motor Company today announced the elevation of Sudarshan Venu as the Managing Director of the Company with immediate effect. Sudarshan Venu Sudarshan has been charting the future of one of India’s leading two-wheeler manufacturer and has made it the most awarded two-wheeler company. He has played a pivotal role ...

TBB BUREAU MUMBAI, MAY 5 Prudent Corporate Advisory Services on Thursday set the price band of Rs. 595-630 per equity share of face value Rs. 5 for its Rs. 539-crore initial public offering (IPO). The initial share-sale will open for public subscription on May 10 and the bidding for anchor investors will open on May 9, according to the company. ...