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July GST revenue at Rs 1.48 lakh crore; up 28pc YoY

TBB BUREAU NEW DELHI, AUGUST 1, 2022 The gross goods and service tax (GST) revenue collected in the month of July 2022 stood at Rs 1,48,995 crore, registering a growth of 28 per cent year-on-year (Y-o-Y). It is also the second highest ever collection since the introduction of GST in 2017, the Finance Ministry said in a press release on ...

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AI & IoT can play significant role in coal mining: MCL CMD

TBB BUREAU SAMBALPUR, JULY 31, 2022 Artificial intelligence (AI) and internet of things (IoT) can have a significant role to play in ensuring sustainable mining practices, said OP Singh, Chairman-cum-managing Director, Mahanadi Coalfields Limited (MCL). Addressing the Area General Managers (AGMs) and Head of Departments (HoDs) at the workshop on mine closure, social forestry and artificial intelligence held on Saturday, ...

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Indian Bank Q1FY23 net profit at Rs 1,213 crore

TBB BUREAU BHUBANESWAR, JULY 30, 2022 Public sector Indian Bank recorded a net profit of Rs 1,213.44 crore in the first quarter (Q1) of the current financial year (FY23) as compared to Rs 1,181.66 crore earned during the corresponding period of the previous year. Shanti Lal Jain, Managing Director & CEO , Indian Bank During Q1FY23, the bank’s advances grew ...

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BoB Q1FY23 net profit zooms 79.3pc to Rs 2,168 crore

TBB BUREAU MUMBAI, JULY 30, 2022 With rise in net interest income and improvement in the asset quality, public sector lender Bank of Baroda (BoB)’s  stand alone net profit zoomed  79.3 per cent to Rs 2,168 crore in the first quarter (Q1) of the current financial year (FY2022-23) as compared to Rs 1,209 crore reported in the corrsponding period in ...

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Power sector will continue to play significant role in India’s progress: PM Modi

TBB BUREAU NEW DELHI, JULY 30, 2022 Energy sector, power sector will play a significant role in accelerating India’s progress in the next 25 years, said Prime Minister Narendra Modi while dedicating two of NTPC’s green projects to the nation on Saturday. Dedicating NTPC Ramagundam Floating Solar Project (100 MW) in Telangana and NTPC Kayamkulam Floating Solar Project (92 MW) ...

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BOB Financial launches mobile app ‘bobcard’

TBB BUREAU MUMBAI, JULY 29, 2022 BOB Financial Solutions Limited has announced the launch of its credit card servicing mobile app, ‘bobcard’, to give its customers a one-stop solution to manage their Bank of Baroda credit card services on the move. Designed in collaboration with IBM, ‘bobcard’ is a smart digital platform that offers a battery saver dark-themed interface that ...

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Balmer Lawrie commissions its new Cold Chain Unit in Odisha

TBB BUREAU BHUBANESWAR, JULY 29, 2022 Integrated logistics service provider Balmer Lawrie & Co. Ltd. on Friday announced the unveiling of its new state-of-the-art Cold Chain Unit at Bhubaneswar in Odisha. Union Minister of State for Petroleum and Natural Gas Rameswar Teli inaugurated the Cold Chain facility in the presence of Balmer Lawrie Chairman & Managing Director Adika Ratna Sekhar ...

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Nature Conservation Day: Vedanta Aluminium to plant 2 lakh saplings in FY23 under its GreenHearts initiative

TBB BUREAU NEW DELHI, JULY 29, 2022 Vedanta Aluminium, India’s largest producer of aluminium, launches the FY23 edition of its GreenHearts campaign during which it will plant more than 2 lakh saplings across its operations in Odisha and Chhattisgarh. Launched last year, GreenHearts is an annual bio-investment campaign, whereby the company’s business units undertake mass plantation drives during monsoon, for ...

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KL Deemed-to-be University signs MoU with Imarticus Learning to launch MBA in Fintech

TBB BUREAU HYDERABAD, JULY 29, 2022 KL Deemed-to-be University, one of the leading universities in the country for graduation and higher education, has announced a strategic collaboration with the nationally renowned Imarticus Learning, India’s foremost EdTech company, to develop an exceptional on-campus MBA program in Fintech. KL University has embarked on this collaboration to steer in creating a world-class learning ...

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