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Public hearing for JSW’s Narayanposhi mines held successfully

TBB BUREAU KOIRA, MAY 24, 2022 Residents of Harischandrapur, Koira, Kashira and Kusumdihi villages under Koira Tehsil on Tuesday unanimously extended their support to JSW Steel during the public hearing conducted to further environment clearance for the capacity expansion of Narayanposhi iron and manganese ore mines. Notably, JSW is planning to increase its iron ore production capacity with total excavation ...

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Aditya Birla Fashion to raise Rs.2,195 Cr of primary capital from GIC

TBB BUREAU MUMBAI, MAY 24, 2022 The board of Aditya Birla Fashion and Retail Limited (“ABFRL”) in its meeting today approved raising of upto Rs.2,195 crore by way of preferential issuance of equity and warrants to an affiliate of GIC, Singapore’s sovereign wealth fund (“GIC”). GIC will invest Rs. 770 crore now towards subscription of equity and warrants, followed by ...

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Parle Agro builds further growth opportunities for farmers, fruit processing partners

TBB BUREAU BHUBANESWAR, MAY 24, 2022 India’s largest beverage company, Parle Agro has always been at the forefront of innovation in the development of iconic fruit-based beverages like Frooti and Appy which have captured the hearts of India. In order to cater to the massive demand of their products nationally and globally, Parle Agro is focused on updating their internal ...

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SAIL Q4FY22 net profit falls 28 pc to Rs 2,479 crore

TBB BUREAU NEW DELHI, MAY 24, 2022           State-owned Steel Authority of India Limited (SAIL) on Tuesday reported a 28 per cent fall in its consolidated net profit to Rs 2,478.82 crore for the fourth quarter (Q4FY22) ended March 2022, mainly on account of higher expenses.           SAIL had clocked Rs 3,469.88 crore net profit during Q4FY21, the steel ...

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Xiaomi and Leica Camera announce long-term strategic cooperation: A new era of mobile imaging begins in July

TBB BUREAU BEIJING (CHINA), MAY 24, 2022 Xiaomi, the world’s leading consumer electronics and smart manufacturing company, and Leica Camera, whose legendary reputation is based on a long tradition of excellent quality, innovative technologies and German craftsmanship, has officially announced their strategic cooperation in terms of mobile imaging. The first imaging flagship smartphone jointly developed by the two companies will ...

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Vedanta’s iron ore unit launches campaign on environmental conservation measures

TBB BUREAU NEW DELHI, MAY 23, 2022 Vedanta’s Iron Ore Business, in view of International Day of Biological Diversity and World Environment Day, launched #SesaForGreenerGood campaign to highlight unique Biodiversity conservation and systematic Mine reclamation measures across all the business units. It was launched with a teaser to give a brief idea about the campaign through Social Media platforms including ...

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Highest thermal coal rakes unloaded at Paradip Port

TBB BUREAU PARADIP, MAY 23, 2022 The Paradip Port Authority (PPA) unloaded as many as 40 thermal Coal rakes on Sunday which is the highest ever coal rakes unloading in a single day Of the 40 rakes, 30 BOBRN thermal coal rakes were unloaded at MCHP, 9 at PEQCTPL (JSW Terminal) and one BOXN Rake was unloaded manually. Commending the ...

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Odisha SCTEVT, Jindal Stainless join hands to train future-ready stainless steel professionals

TBB BUREAU BHUBANESWAR, MAY 23, 2022 Odisha’s State Council for Technical Education & Vocational Training (SCTE&VT) on Monday signed a Memorandum of Understanding (MoU) with Jindal Stainless Limited (JSL) to promote technical education in the field of stainless steel and its various applications. Under this MoU, stainless steel courses will be introduced in all the Polytechnic colleges in Odisha from ...

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‘Creation of eco village need of hour for environmental, ecological balance’

TBB BUREAU BHUBANESWAR, MAY 23, 2022 In the current scenario, to tide over the impact of climate change and disastrous environment, human beings need to change their lifestyle. There is also a need to set up eco retreat centres by young entrepreneurs at different places for ecological and environmental balance, opined environmentalist Ramkrishna Dash. Speaking at a seminar here to ...

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