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IIFL Finance’s NCD issue offers up to 10.03pc interest

TBB BUREAU BHUBANESWAR, MARCH 2, 2021 IIFL Finance, one of India’s largest Non-Banking Financial Companies, will open a public issue of bonds on March 03, 2021, The bonds offer up to 10.03 per cent yield and high degree of safety making it one of the best debt investment products in the current scenario with almost double the interest rate offered ...

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GST collections rise 7 pc to Rs. 1.13 lakh crore in Feb

TBB BUREAU NEW DELHI, MARCH 1, 2021 Indicating post-pandemic economic recovery, GST collections crossed the Rs 1 lakh crore-mark for the fifth month in a row, rising 7 per cent to over Rs 1.13 lakh crore, the Finance Ministry said on Monday. The collection is, however, lower than the record Rs 1,19,875 crore collected in the previous month. The gross ...

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VS Jain assumes charge as ED & Refinery Head of Paradip Refinery

TBB BUREAU PARADIP, MARCH 1, 2021 V S Jain, Executive Director, has taken over charge as Executive Director & Refinery Head of Paradip Refinery with effect from March 1, 2021. Prior to the new assignment, he was heading the Project Department at Paradip Refinery with projects like Mono Ethylene Glycol (MEG), Para Xylene-Purified Terepthalic Acid (PX-PTA), Fuel Quality Upgradation (FQUP).  ...

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PPT handles highest ever monthly rakes in February

TBB BUREAU PARADIP, MARCH 1, 2021 With just a day away from the Maritime India Summit, the Iron Ore Handling Plant (IOHP) of Paradip Port Trust (PPT) handled 182 rakes, which is the highest ever monthly rakes in the month of February, 2021. With this feat it surpassed the previous record of 174 rakes handled in January this year.

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AM/NS India signs MoU with BITS Pilani to upskill its engineers

TBB BUREAU BHUBANESWAR, MARCH 1, 2021 ArcelorMittal Nippon Steel India (AM/NS India), a joint venture between ArcelorMittal and Nippon Steel, recently signed a Memorandum of Understanding (MoU) with Birla Institute of Technology & Science (BITS) Pilani to provide a sponsored B. Tech Process Engineering degree through Work Integrated Learning Programme without the need for a career break. The unique skill ...

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SHARP joins hands with QNET to market next gen SmartAir Air Purifier

TBB BUREAU BHUBANESWAR, MARCH 1, 2021 International e-commerce-powered direct selling company QNET has announced the launch of SmartAir, a new state-of-the-art air purifier model, as part of its ongoing partnership with Sharp Business Systems in India. The new SHARP-QNET SmartAir features Sharp’s patented Plasmacluster Ion Technology (PCI) with proven efficacy in obliterating SARS-CoV-2 by 91.3 per cent within 30 seconds. ...

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Reliance acquires majority equity stake in skyTran Inc

TBB BUREAU MUMBAI, FEB 28, 2021 Reliance Strategic Business Ventures Limited (RSBVL), a wholly owned subsidiary of Reliance Industries Limited, on Sunday announced that it has acquired additional equity stake in its investee company skyTran Inc. (“skyTran”) for a consideration of USD 26.76 million increasing its shareholding to 54.46% on a fully diluted basis. skyTran is a technology company incorporated ...

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AIMIL launches ‘Ayouthveda’ beauty care products laced with natural fragrance from Kannauj

TBB BUREAU BHUBANESWAR/NEW DELHI, FEB 28, 2021 It is common practice for beauty brands to use ingredients that could potentially harm the body. These toxins may seem harmless, but can severely damage the skin in the long term. However, with the increase in awareness about the harmful effects of chemicals on health, used in the production of popular conventional beauty ...

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TPCODL launches new value-added services for customers

TBB BUREAU BHUBANESWAR, FEB 27, 2021 TP Central Odisha Distribution Ltd. (TPCODL), a joint venture between Tata Power and the Government of Odisha, on Saturday set a new benchmark in operational excellence by launching value added services as a part of its Demand Side Management (DSM) initiatives for its customers. The service was inaugurated by Nikunja Bihari Dhal, Principal Secretary, ...

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