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RIL’s Q3FY21 consolidated net profit rises to Rs 14,894 cr

TBB BUREAU NEW DELHI, JANUARY 22, 2021 Reliance Industries Ltd (RIL) on Friday reported a rise of over 25 per cent in its consolidated net profit for the quarter ended December 31 of FY2020-21 on a year-on-year (YoY) basis. Accordingly, the company’s consolidated net profit during the third quarter of FY21 increased to Rs 14,894 crore from Rs 11,841 crore ...

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Odisha registers 55 pc increase in export despite Covid

TBB BUREAU BHUBANESWAR, JANUARY 22, 2021 Notwithstanding the Covid-19 pandemic and global recession, export from Odisha in the current financial year up to November 2020 has registered 55 per cent growth, said Chief Minister Naveen Patnaik on Friday. “I am glad that despite the adverse situation caused by COVID-19 pandemic, export from the State in the current financial year up ...

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Connect created by RSP with its employees and stakeholders should be sustained: Kulaste

TBB BUREAU ROURKELA, JANUARY 22, 2021  “The connect created by Rourkela Steel Plant (RSP) with its employees and stakeholders through effective communication should be sustained as it would help the Plant scale greater heights of success,” said Union Minister of State for Steel Faggan Singh Kulaste, while addressing the senior officers of RSP today. The Minister took a keen interest in ...

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SBI organises blood donation camp

TBB BUREAU BHUBANESWAR, JANUARY 22, 2021 A Blood donation camp was organised by SBI, Stressed Asset Resolution Group, Mumbai in coordination with State Bank of India, Local Head Office, Bhubaneswar and Indian Red Cross Society at the SBI, Local Head Office Bhubaneswar today. Around 70 officials and staff in and around Bhubaneswar donated blood in the camp. The camp was ...

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Reliance General Insurance launches Hospi Care health policy

TBB BUREAU MUMBAI, JANUARY 22, 2021 Reliance General Insurance, a 100 percent subsidiary of Reliance Capital, has launched Hospi Care policy, a hospitalization cash benefit product that provides lump sum payout for 150-plus listed surgeries and 140-plus daycare procedures occurring due to illness or accident. This policy is designed specifically to provide seamless cash flow for healthcare needs to their ...

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BRNL inks deal with CDPQ to sell Odisha road project

PRIYABRAT BISWAL BHUBANESWAR, JANUARY 21, 2021 Bharat Road Network Limited (BRNL) has signed an agreement with India Highway Concession Trust, an infrastructure investment trust set up by Caisse de dépôt et placement du Québec (CDPQ), a global investor, for the sale of a BOT (build-operate-transfer) road project in Odisha. BRNL is the largest shareholder, with a 40 per cent stake ...

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Amway forays into vegetable and fruit hygiene segment

TBB BUREAU BHUBANESWAR, JANUARY 21, 2021 Amway India today announced the launch of its latest innovation in home care category with Amway Home Fruit & Veggie Wash, a 5-in-1 cleaning solution for fruits and vegetables. Building on its expertise in homecare solutions and in its endeavor to cater to the growing need for hygiene care products, Amway forayed into the ...

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Rajendra Kar new Chairman of ICSI Bhubaneswar Chapter

PRIYABRAT BISWAL BHUBANESWAR, JANUARY 20, 2021           CS Rajendra Kumar Kar has been elected as the Chairman of the Bhubaneswar Chapter of The Institute of Company Secretaries of India (ICSI) for the year 2021. CS Jyotirmoy Mishra, CS Ajaya Kumar Majhi and CS Bimal Prasad Pattanaik have been elected as Vice Chairman, Secretary and Treasurer of the Chapter, respectively.            ...

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L&T’s power transmission biz bags contracts in Bangladesh

TBB BUREAU MUMBAI, JANUARY 20, 2021 The power transmission and distribution business of Larsen & Toubro (L&T) has won a slew of transmission line orders worth Rs 2,500-5,000 crore in Bangladesh. The scope of these packages involves design, supply, installation, testing and commissioning of extra high voltage transmission lines on turnkey basis, L&T said in a regulatory filing. Bangladesh has ...

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