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No auction of bauxite mines in 5 years sees India importing bauxite

Ramesh Chandra Mohanty Aluminium and its alloys are being increasingly used right from domestic appliances, electrical conductors in transmission lines, to building and construction, automobile, defence, aerospace industry as well as myriad other critical applications. It has significant strategic implications in realizing the dream of Atmanirbhar Bharat and India’s vision to become a USD 5 trillion economy. Bauxite has no ...

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CarDekho appoints Mayank Jain as the CEO of its new auto business

TBB BUREAU BHUBANESWAR, MAY 12, 2021 India’s leading auto-tech company CarDekho Group has appointed media industry professional Mayank Jain as the CEO of its new auto business. Jain will be responsible for strengthening the organization’s new auto offering, and deepening engagement with OEMs, dealer network and other enterprise partners, the platform said in a release. He will be reporting to ...

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JSPL Q4FY21 PAT at Rs 1,900.51 crore

TBB BUREAU NEW DELHI, MAY 12, 2021 Private steel behemoth Jindal Steel and Power Ltd (JSPL) on Wednesday reported consolidated profit after tax (PAT) of Rs 1,900.51 crore during the fourth quarter (Q4) ended March 31,  2021, while attributing it to higher income. Its “net profit after tax from continuing operation” in the year-ago quarter was at Rs 82.13 crore, ...

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Cabinet nod for MoU between ICAI and Qatar Financial Centre Authority

TBB BUREAU NEW DELHI, MAY 12, 2021     The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved signing of Memorandum of Understanding (MoU) between Institute of Chartered Accountants of India (ICAI) and Qatar Financial Centre Authority (QFCA). The MoU would enhance cooperation between the Institutes to work together to strengthen the Accounting profession and entrepreneurship base in ...

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Jio Jio consolidates No. 1 position in Odisha; adds over 1.9 lakh new subscribers in Feb 2021: TRAI data

TBB BUREAU BHUBANESWAR, MAY 11, 2021 Further consolidating its No. 1 position in Odisha, Reliance Jio has added over 1.9 lakh new subscribers in the month of February 2021, as per the latest telecom subscriber data released by TRAI, on Tuesday. With this, Jio has extended its market leadership in the state with over 1.4 crore mobile subscribers and 41 ...

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UAIL’s Project Saksham empowers women in Rayagada

TBB BUREAU BHUBANESWAR, MAY 11, 2021 Aditya Birla Group company Utkal Alumina International Limited (UAIL) is engaged in meaningful welfare initiatives in communities living in proximity of its plant. One of its initiatives “Project Saksham” is reaching out to the unemployed rural women and helping them become self-reliant through income generation. Since its commencement in February 2015, it has trained ...

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Tata Steel Kalinganagar supplies LMO through Oxygen Express

TBB BUREAU KALINGANAGAR, MAY 9, 2021 The supply of Liquid Medical Oxygen (LMO) from Tata Steel’s Kalinganagar Plant through Indian Railways’ Oxygen Express started today. The Oxygen Train with seven cryogenic containers, carried 132 tons of LMO from Kalinganagar in Jajpur district to Delhi. This is the first Oxygen Express to carry LMO from the Kalinganagar Plant of Tata Steel. ...

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Kansai Nerolac Paints Q4 net rises 89pc to Rs 123.62 crore

TBB BUREAU BHUBANESWAR, MAY 8, 2021 Kansai Nerolac Paints Ltd. has reported an increase of 89.14 per cent in its consolidated net profit to Rs 123.62 crore for the fourth quarter ended March 31, 2021. The company had posted a net profit of Rs 65.36 crore in the January-March quarter a year ago, Kansai Nerolac said in a BSE filing. ...

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