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RSP registers remarkable performance in first two months of FY22

TBB BUREAU ROURKELA, JUNE 7, 2021             With the unwavering commitment and steely grit to serve the country, the collective of Rourkela Steel Plant (RSP) have performed remarkably in areas of production, dispatch and techno-economics in the first two months of FY2021-22 in spite of the Covid-19 pandemic. While the Steel Plant left no stone unturned to ensure safety of ...

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Union Bank of India Q4FY21 profit at Rs 1,330 crore

TBB BUREAU NEW DELHI, JUNE 7, 2021 State-owned Union Bank of India on Monday reported a standalone net profit of Rs 1,329.77 crore for the fourth quarter (Q4) of Financial Year 2020-21 (FY21). The Bank said the results of the quarter and year ended March 31, 2021 are not comparable with the corresponding periods of previous year  as these include ...

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Shyam Metalics reduces IPO size to Rs 909 crore

TBB BUREAU KOLKATA, JUNE 6, 2021         Steel maker Shyam Metalics and Energy Ltd (SMEL) has reduced the size of its Initial Public Offer (IPO) to Rs 909crore from Rs 1,107 crore as promoters decided to offload shares worth Rs 252 crore from their own stake against Rs 452 crore as planned earlier.          The IPO will hit the capital ...

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IFFCO starts commercial production of nano urea liquid

TBB BUREAU NEW DELHI, JUNE 6, 2021 Leading fertiliser cooperative major Indian Farmers Fertiliser Cooperative Ltd (IFFCO)  on Sunday said that it has started commercial production of nano urea liquid and dispatched the first consignment to Uttar Pradesh. Priced at Rs 240 per bottle, the nano urea liquid is 10 per cent cheaper than the cost of a bag of ...

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New taxpayer-friendly e-filing portal of Income Tax Department to be launched on June 7

TBB BUREAU NEW DELHI, JUNE 5, 2021 Income Tax DepartmentIn a bid to provide convenience, modern and seamless experience to the taxpayers, the Income Tax Department will launch its new e-filing portal www.incometax.gov.in on 7th June, 2021. The new portal will be integrated with immediate processing of Income Tax Returns (ITRs) to issue quick refunds to taxpayers; all interactions and ...

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NHPC signs E-Mobility pact with Convergence Energy Services

TBB BUREAU NEW DELHI, JUNE 5, 2021 As a step towards its commitment for environment, NHPC Limited has signed E-Mobility Agreements with Convergence Energy Services Limited (CESL), a wholly owned subsidiary of Energy Efficiency Services Limited (EESL) for leasing of 25 Electric Vehicles (EVs) and supply of 3 Electric Vehicle fast chargers to NHPC including its installation and commissioning. NHPC ...

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RSP observes World Environment Day

TBB BUREAU ROURKELA, JUNE 5, 2021 Rourkela Steel Plant (RSP) joined the rest of the world in observing World Environment Day on Saturday. RSP CEO Dipak Chattaraj hoisted the Environment Flag at Shilpa Konark premises in presence of senior executives and employees of the company. The Environment pledge was administered to all present on the occasion. Environment badges were also ...

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GST revenues up 65pc in May at Rs 1.02 lakh crore

TBB BUREAU NEW DELHI, JUNE 5, 2021  India’s gross Good and Services Tax (GST) revenue collections remained above the psychological mark of Rs 1 lakh crore, clocking a high of Rs 1,02,709 crore in May 2021. The revenues for the month of May 2021 are 65 per cent higher than the GST revenues in the corresponding month last year. During ...

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JSPL Barbil observes World Environment Day

TBB BUREAU BARBIL, JUNE 5, 2021 Commemorating World Environment Day 2021 on the theme ‘Ecosystem Restoration’, Jindal Steel and Power Limited (JSPL) organised a massive plantation programme in the residential area and pellet plant premises at Barbil on Saturday. Adhering to COVID guidelines and maintaining physical distancing, more than 100 workers, employees and their family members of various age groups ...

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