TBB BUREAU MUMBAI, APRIL 28, 2022 ICICI Bank today announced that it has launched India’s first comprehensive digital ecosystem for all Micro, Small and Medium Enterprises (MSMEs) in the country, including customers of other banks. The ecosystem has three pillars: i) enhanced banking services for existing customers, ii) a bouquet of banking services to MSMEs, who are customers of other ...

TBB BUREAU MUMBAI, APRIL 28, 2022 Spice Money, India’s leading rural fintech that is revolutionising the way Bharat banks, today announced its partnership with Religare Broking Ltd. (RBL) to enable rural citizens to apply for the mega LIC IPO, a first-of-its-kind investment opportunity. Through this association, Religare Broking and Spice Money aim to provide rural citizens with equitable access to ...

TBB BUREAU BHUBANESWAR, APRIL 28, 2022 Domestic prices of aluminium, which surged to Rs 300 per kg in March 2022, are expected to gradually decline in the second half of this fiscal and average Rs 225-235 per kg for the whole fiscal, in sync with the global trend. Domestic prices are linked to three-month contracts on the London Metal Exchange ...

TBB BUREAU MUMBAI, APRIL 28, 2022 Vedanta Ltd on Thursday reported a 48 per cent increase in its “PAT before exceptional item and one-time tax credit” to Rs 7,570 crore for January-March (Q4FY22) quarter of FY 2021-22 as against Rs 5,105 crore in the year-ago period. The company reported the highest ever quarterly EBITDA of Rs 13,768 crore for the ...

TBB BUREAU KOIRA, APRIL 27, 2022 The public hearing for JSW subsidiary Bhushan Steel & Power Limited’s Netrabandha Iron Ore Mines was successfully organized at Baladihi village under KoiraTahsil of Sundergarh district on Wednesday. The public hearing was conducted as part of the statutory compliance for environmental clearance. Residents from periphery villages — Khajuridihi, Sonua, Boldihi and Patamunda of Netrabandha ...

TBB BUREAU NEW DELHI, APRIL 27, 2022 Vedanta Aluminium, India’s largest producer of aluminium, has developed an Extended Reality (XR) experience zone to augment safety training for its employees and partners. The zone makes use of Virtual Reality (VR), Augmented Reality (AR), and Mixed Reality (MR) technologies to enable simulation-based training, thus ensuring an immersive, engaging and safe learning experience ...

TBB BUREAU BHUBANESWAR, APRIL 26, 2022 The Net Direct taxes collection touched Rs. 14,09,640.83 crorein Financial Year 2021-22 (FY22). Collection jumped 49.02 per cent over that of the previous fiscal (FY21), mainly due to a low base effect, informed Central Board of Direct Taxes (CBDT) Chairman J B Mohapatra at a press conference here today. In FY21, the net collection ...

TBB BUREAU RANCHI, APRIL 26, 2022 Highlighting that “Net Zero” would be possible only if Energy Trilemma (i.e Energy Security, Energy Sustainability & Energy Affordability) is considered in the sustainable coal equation, World Coal Association (WCA) CEO Michelle Manook said “Coal is a Strategic Asset, not a Stranded Asset.” Addressing a seminal on “Future of Coal”, organized by NTPC Coal ...

TBB BUREAU ABU DHABI/MUMBAI, APRIL 26, 2022 Abu Dhabi Chemicals Derivatives Company RSC Ltd (TA’ZIZ) and Reliance Industries Limited (RIL) have signed the formal Shareholder Agreement for the TA’ZIZ EDC & PVC project. Reliance is India’s largest diversified conglomerate and a strategic partner with Abu Dhabi National Oil Company (ADNOC) and ADQ, an Abu Dhabi-based investment and holding company, in ...

TBB BUREAU NEW DELHI, APRIL 26, 2022 The ongoing merger process of Jindal Stainless Limited (JSL) and Jindal Stainless (Hisar) Limited (JSHL) has achieved another milestone as they convened meetings of their shareholders and creditors for approving the Scheme of Arrangement between the two companies. Notably, the scheme of merger was approved by an overwhelming majority, it said in a ...