TBB BUREAU MUMBAI/BHUBANESWAR, MAY 8, 2022  As COVID-19 disrupted livelihoods, Reliance Industries ensured that not only did it protect livelihoods of its existing workforce but also generated new job opportunities for the members of the society. The retail business was the leading job creation vertical hiring over 150000 employees across various functions of the business; this is more than 2x ...

TBB BUREAU BHUBANESWAR, MAY 8, 2022 With the IMD warning that the low-pressure area in the South Andaman Sea and its neighborhood is expected to intensify into a cyclonic storm, electricity distribution company TP Central Odisha Distribution Ltd (TPCODL) has chalked out a detailed disaster management plan to deal with cyclone ‘Asani’, the company said in a statement today. TPCODL ...

TBB BUREAU RANCHI, MAY 8, 2022 State-run Coal India Limited (CIL) has spent more than Rs. 1600 crore on CSR activities in the last three years which is 25 per cent more than the mandated target of Rs. 1284 crore, a senior executive of the Company said. Speaking at the CIL’s first ‘CSR & Sustainability Conclave’ at Ranchi on Saturday, ...

TBB BUREAU ROURKELA, MAY 8, 2022        SAIL-run Rourkela Steel Plant (RSP) has been rendering invaluable contribution in nation building by developing a wide range of newer grade import substitute products as well as high strength defence grade steel. Sustained focus on R&D and best in class manufacturing facilities has helped the Steel Plant to make foray into the elite ...

TBB BUREAU MUMBAI, MAY 7, 2022 India’s largest depository, National Securities Depository Limited (NSDL) celebrated 25 glorious years of service to the Indian capital markets. This momentous occasion was graced by Union Finance Minister Nirmala Sitharaman, Securities and Exchange Board of India (SEBI) Chairperson Madhabi Puri Buch and Chief Postmaster General Veena Ramakrishna Srinivas besides other dignitaries. The event kickstarted ...

TBB BUREAU MUMBAI, MAY 7, 2022 Reliance Retail’s new commerce proposition has gained pace and registered 3-fold growth in merchant base in the financial year 2021-22. Speaking on the financial performance, Gaurav Jain, Head – Strategy & Business Development, Reliance Retail said, “Our efforts in scaling up digital commerce and new commerce businesses are on track, and we continue to ...

TBB BUREAU CHENNAI, MAY 7, 2022 Lakshmi Venu, daughter of industry veteran Venu Srinivasan, has taken over as the managing director of Sundaram-Clayton Limited (SCL), one of India’s leading auto components manufacturers. She was the Joint Managing Director of Sundaram Clayton. She is considered as the lead architect of Sundaram Clayton’s global footprint. The decision to elevate Lakshmi Venu as ...

TBB BUREAU MUMBAI, MAY 6, 2022 Mukesh Ambani-led Reliance Industries Ltd on Friday reported a 22.5 per cent rise in net profit for the quarter ended March 2022 (Q4FY22) on the back of bumper oil refining margins, steady growth in telecom and digital services and strong momentum in the retail business. RIL’s consolidated net profit rose to Rs 16,203 crore ...

TBB BUREAU LANJIGARH, MAY 6, 2022 The Lanjigarh Unit of Vedanta Limited pledges to strengthen grassroots sporting culture on Kids Athletics Day by supporting young athletes from local communities. Placing holistic development of communities at the core of its operational philosophy, Vedanta Lanjigarh runs several socio-economic developmental projects in the region. Presently, over 100 students are undergoing training in Archery ...

TBB BUREAU MUMBAI, MAY 6, 2022          Reliance Jio Infocomm, the telecom subsidiary of Reliance Industries, on Friday reported an about 24 per cent increase in its standalone profit after tax (PAT) to Rs 4,173 crore for the quarter ended March 31, 2022 (Q4FY22) as against Rs 3,360 crore recorded in the corresponding period in the previous fiscal. India’s largest ...