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Union Bank of India signs MoU with Odisha Mining Corporation

TBB BUREAU BHUBANESWAR, FEBRUARY 11, 2022 Union Bank of India on Friday signed a memorandum of understanding (MoU) with Odisha Mining Corporation Limited (OMC), a State PSU and Gold category company towards payment gateway facility for receiving sales proceeds of OMC. The MoU was signed by RK Jaglan, General Manager, Govt. Business, Union Bank of India and BB Pani, Chief ...

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Atanu Bhowmick takes over as RSP Director

TBB BUREAU ROURKELA, FEBRUARY 11, 2022 Atanu Bhowmick assumed charge as Director Incharge of Rourkela Steel Plant (RSP) on Friday. Prior to this new assignment, he was Executive Director (Works) of Bokaro Steel Plant. Bhowmick joined Steel Authority of India Limited (SAIL)’s Rourkela Steel Plant in 1988 after completing B. Tech in Metallurgy from NIT (the erstwhile REC), Rourkela. His ...

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Vedanta Aluminium to collaborate with construction industry for fly-ash and bauxite-residue utilization

TBB BUREAU NEW DELHI, FEBRUARY 11, 2022 Vedanta Aluminium Business, India’s largest producer of the aluminium and value-added products, will collaborate with cement, construction and infrastructure industries for gainful utilization of its byproducts fly ash and bauxite-residue. At a national level webinar held today with global experts and participants from the cement industry, Vedanta Aluminium also sought interest from cement ...

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Jindal Steel and Power, Hindalco bag coal mines in Odisha

TBB BUREAU NEW DELHI, FEBRUARY 11, 2022 Naveen Jindal-led Jindal Steel and Power bagged Utkal-C coal mine while while Aditya Birla Group company Hindalco Industries was the highest bidder for the Meenakshi Mine in Odisha during the second and third days of auction of coal blocks for commercial use. BS Ispat Ltd bagged the Majra mine in Maharashtra, while Assam ...

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CII seeks Odisha CM’s intervention in resolving ongoing coal crisis in State

TBB BUREAU BHUBANESWAR, FEBRUARY 10, 2022 Industry body Confederation of Indian Industry (CII) has sought Odisha Chief Minister Naveen Patnaik’s intervention in resolving the ongoing coal crisis in the State which is affecting the business of the state-based industries. In a letter to the Chief Minister, CII Odisha State Council Chairman Manish Kharbanda said, “Odisha’s significant trade bodies like UCCI, ...

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MCL touches historic figure of 150 MT coal dispatch for FY2021-22

TBB BUREAU SAMBALPUR, FEBRUARY 10, 2022 Mahanadi Coalfields Limited (MCL) added a new feather to its cap by crossing the coal dispatch figure of 150 million tonnes in the current financial year. MCL Chairman-cum-Managing Director OP Singh congratulated the Team MCL for creating history by surpassing coal dispatch of 150 million tonnes on Wednesday. Singh also thanked the Indian Railways ...

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Hindalco Q3FY22 net profit nearly doubles to Rs 3,675 cr

TBB BUREAU MUMBAI, FEBRUARY 10, 2022 Aluminium major Hindalco Industries on Thursday reported 96 percent jump in consolidated net profit at Rs 3,675 crore for the third quarter (Q3) of the current financial year (FY22) as against Rs 1,877 crore in the year-ago period. Consolidated revenue from operations rose 44 percent to Rs 50,272 crore from Rs 34,958 crore in ...

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Snehil Garg bags 1st prize in ICSI Constitution Day Quiz competition

TBB BUREAU BHUBANESWAR, FEBRUARY 10, 2022 The Institute of Company Secretaries of India (ICSI), New Delhi organised ICSI Constitution Day Quiz-2021 on 26th November, 2021 through online mode to commemorate the Constitution Day of India in National Level for the students of Schools/Colleges/Universities across the Country under the banner of “Azad Ka Amrit Mahotsav”.  Snehil Garg, a B. Com student ...

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Reliance Jewels celebrates the season of love with special Valentine collection ‘Floreo’

TBB BUREAU BHUBANESWAR, FEBRUARY 10, 2022  Reliance Jewels, India’s leading jewellery brand, has launched “Floreo”- a special Valentine’s Day collection for those who help love grow. With the concept of love growing and becoming stronger with time, Reliance Jewels embraces the season of love with the launch of this exquisite diamond jewellery collection with minimalistic and modern designs to celebrate ...

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