The Business Bytes

TBB BUREAU CHENNAI, MAY 5, 2022 Two-wheeler and three-wheeler manufacturer TVS Motor Company today announced the elevation of Sudarshan Venu as the Managing Director of the Company with immediate effect. Sudarshan Venu Sudarshan has been charting the future of one of India’s leading two-wheeler manufacturer and has made it the most awarded two-wheeler company. He has played a pivotal role ...

TBB BUREAU MUMBAI, MAY 5 Prudent Corporate Advisory Services on Thursday set the price band of Rs. 595-630 per equity share of face value Rs. 5 for its Rs. 539-crore initial public offering (IPO). The initial share-sale will open for public subscription on May 10 and the bidding for anchor investors will open on May 9, according to the company. ...

TBB BUREAU RAJGANGPUR, MAY 5, 2022 The Rajgangpur Unit of Dalmia Cement (Bharat) Limited organised an exposure visit for students of Lanjiberna Upgraded High school to Dalmia Institute of knowledge and Skill Harnessing (DIKSHa) Training Centre, Dalmia Private Industrial Training Institute (DITI), LVPEI Dalmia OCL Eye Centre and Line-3 cement plant in Rajgangpur recently. The exposure visit was planned with ...

TBB BUREAU JHARSUGUDA, MAY 5, 2022 The Jharsuguda Unit of Vedanta Aluminium recently organized various awareness campaigns on fire safety and prevention for its employees, business partners and the community at large. In line with this year’s National Fire Service Day theme ‘Learn Fire Safety, Increase Productivity’, various fire prevention training and awareness programmes, quizzes, mock drills, sports tournaments, etc., ...

TBB BUREAU MUMBAI, MAY 5, 2022 Nasdaq-listed IT services major Cognizant reported net income of $563 million for the first quarter ended March 31, 2022. Net income was up 11.5 per cent year-on-year, but down from $576 million in the quarter ended Oct-Dec 2021. Web Revenue for the first quarter (January-March 2022) rose by 10.9 per cent in constant currency ...

TBB BUREAU COPENHAGEN, MAY 3, 2022     Dalmia Cement (Bharat) Ltd, a leading Indian cement major and subsidiary of Dalmia Bharat Limited, one of India’s leading cement manufacturers and FLSmidth & Co. A/S, a major supplier of engineering, equipment and service solutions to the global mining and cement industries, have signed a Memorandum of Understanding (MoU) to collaborate in the ...

TBB BUREAU BHUBANESWAR, MAY 3, 2022 In an endeavour that aims at enhancing experience of rural electricity consumers in Marshaghai area, TP Central Odisha Distribution Ltd (TPCODL) today inaugurated its first mobile Customer Care Centre (CCC) at Marshaghai Tehsil in Kendrapada district. Mahakalapada MLA Atanu Sabyasachi Nayak flagged off the mobile CCC in presence of senior officials of TPCODL. The ...

TBB BUREAU NEW DELHI, MAY 3, 2022 Jindal Stainless Ltd (JSL) on Monday posted a 156 per cent jump in consolidated net profit at Rs 749.88 crore for the March quarter (Q4FY22), mainly on account of higher income. In the year-ago quarter, its net profit stood at Rs 292.61 crore, the company said in a regulatory filing. Total income in ...

TBB BUREAU BHUBANESWAR, MAY 3, 2022 Aditya Birla Group company Utkal Alumina International Limited (UAIL)’s Project “UANAT (Utkal’s Action for Agricultural Transformation)” launched in collaboration with Bharat Rural Livelihood Foundation (BRLF), is making a transformative change to the lives of more than 15,000 rural households of Kashipur Block in Rayagada district and Thuamul Rampur Block of Kalahandi district in Odisha ...

TBB BUREAU      BHUBANESWAR, MAY 2, 2022 A Uday Bhaskar Reddy has joined as the new Zonal Manager (ZM) of the Bhubaneswar Zone of Punjab National Bank (PNB). Reddy started his career in 1988 as an Agricultural Officer in PNB and during his successful journey of over 34 years, he has worked in different capacities of the Bank in different geographies ...