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Mines Ministry creates KABIL to attain self-reliance in critical & strategic mineral requirements

TBB BUREAU NEW DELHI, JANAUARY 3, 2022 With an aim to ensure mineral security of the nation and to attain self-reliance in the area of critical & strategic minerals, the Union Ministry of Mines has created a Joint Venture company namely Khanij Bidesh India Ltd (KABIL) with participating interest of National Aluminium Company Ltd (NALCO), Hindustan Copper Ltd (HCL) and ...

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Nippon India MF launches India’s first Auto ETF

TBB BUREAU MUMBAI, JANUARY 3, 2021 Nippon Life India Asset Management Limited, asset manager of Nippon India Mutual Fund (NIMF), has announced the launch of India’s First Auto sector ETF – Nippon India Nifty Auto ETF. The Auto ETF is an open-ended scheme tracking the Nifty Auto Index. Nippon India Nifty Auto ETF will predominantly invest in stocks comprising of ...

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TPCODL wins six awards at 35th National Convention on Quality Concepts

TBB BUREAU BHUBANESWAR, JANUARY 2, 2022 TP Central Odisha Distribution Limited (TPCODL) has been conferred with six Gold category awards by the National Convention on Quality Concept (NCQC), 2021, organised by Quality Circle Forum of India (QCFI). Out of the six, it received four under the ‘Par Excellence’ category and two under the ‘Excellent’ category. This year, the theme of ...

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Atul Kumar Goel to take charge as PNB MD & CEO from Feb 1

TBB BUREAU NEW DELHI, JANUARY 1, 2022 Atul Kumar Goel who joined Punjab National Bank (PNB) on Saturday, will serve as Officer on Special Duty (OSD) in the Bank till the end of this month and take over as the new Managing Director (MD) and CEO with effect from February 1, 2022, the Bank said in a statement today. As ...

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Centurion University ranked as ‘Performer’ in ARIIA ranking 2021

TBB BUREAU BHUBANESWAR, JANUARY 1, 2022 The year 2021 ended on a promising note for Centurion University as it got placed under the category “Performer” among the private universities in Atal Ranking for Institutions on Innovation Achievements (ARIIA) 2021 announced on 29th December, 2021 by the Innovation Cell of the Union Ministry of Education. As many as 1438 institutions including ...

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MCL will achieve new milestones in 2022: OP Singh

TBB BUREAU SAMBALPUR, JANUARY 1, 2022 Mahanadi Coalfields Limited (MCL) will achieve new milestones and emerge as Numero Uno coal company in the year 2022, said OP Singh on Saturday, after assuming the additional charge of Chairman-cum-Managing Director. Singh, while chairing his first coordination meeting with Area GMs, members of Joint Consultative Committee (JCC) and Welfare Board, extended new year ...

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OP Singh assumes additional charge as CMD of MCL

TBB BUREAU SAMBALPUR, JANUARY 1, 2022 Mahanadi Coalfields Limited (MCL) Director (Technical/Operations), OP Singh, on Saturday assumed the additional charge of company’s Chairman-cum-Managing Director (CMD). A mining engineer with a First Class competency certificate from the DGMS and an MBA in Marketing and PG DCA, Singh has held various senior positions in mine planning and production management in both underground ...

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Reliance New Energy Solar to acquire UK’s battery firm Faradion

TBB BUREAU MUMBAI, DECEMBER 31, 2021  Reliance New Energy Solar Ltd (“RNESL”), a wholly owned subsidiary of Reliance Industries Ltd., has signed definitive agreements to acquire 100% shareholding in Faradion Limited (“Faradion”) for an enterprise value of GBP 100 Mn. In addition, RNESL will also invest GBP 25 Mn as growth capital to accelerate commercial roll out. Based out of ...

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