TBB BUREAU NEW DELHI, JANUARY 14, 2022 Union Commerce and Industry Minister Piyush Goyal on Friday called upon the Global Venture Capital (VC) Funds to focus more on startups from tier 2 and 3 cities of the country and explore new sectors for investing. Chairing a roundtable with global venture capital (VC) funds, organised by the Department for Promotion of ...

TBB BUREAU MUMBAI, JANUARY 14, 2022 One of India’s leading fashion company Aditya Birla Fashion and Retail Ltd (ABFRL) on Friday said it will acquire a 51 per cent majority shareholding in popular and contemporary brand ‘Masaba’ promoted by leading designer Masaba Gupta for a cash consideration of Rs 90 crore. This partnership aims to create a young, aspirational and ...

TBB BUREAU NEW DELHI, JANUARY 13, 2022 Leading power transmission infrastructure developer and solutions provider Sterlite Power has been recognized at the eighth edition of the IDC Industry Innovation Awards (IDCIIA) 2021 in the “Innovation in Data Intelligence” category. Sterlite Power has a track record of executing complex projects successfully, with the use of technology and innovative solutions.  The companywon ...

TBB BUREAU NEW DELHI, JANUARY 13, 2022 Vedanta Aluminium Business, India’s largest producer of aluminium and value-added products, has become the biggest industrial consumer of renewable energy (RE) in 2021, leading renewable energy procurement on the country’s power exchanges – Indian Energy Exchange (IEX) and Power Exchange India Limited (PXIL). The company has procured about 2 billion units of RE ...

TBB BUREAU ROURKELA, JANUARY 13, 2022 In its endeavour to strengthen the vision of Atmanirbhar Bharat, Rourkela Steel Plant (RSP) has been making all-out efforts to fulfil the requirements of customized steel products for high-profile infrastructure projects undertaken all over the country. One such project is the Kaleswaram Lift Irrigation Project of Telangana for which RSP has so far supplied ...

TBB BUREAU MUMBAI, JANUARY 12, 2022 India’s largest software services company Tata Consultancy Services (TCS) on Wednesday reported a 12.2 per cent rise in its consolidated net profit to Rs 9,769 crore for the December 2021 quarter as against a net profit of Rs 8,701 crore in the corresponding period in the previous fiscal. It also announced an Rs 18,000-crore ...

TBB BUREAU BHUBANESWAR, JANUARY 12, 2022 Navratna CPSE National Aluminium Company Limited (NALCO) has achieved yet another milestone in aluminium smelting. The aluminium major has successfully put into operation all the 960 Pots at its existing Smelter Plant located at Angul. NALCO Chairman and Managing Director Sridhar Patra formally operationalized the 960th Pot by virtually switching on the pot from ...

TBB BUREAU PARADIP, JANUARY 12, 2022 The Odisha Industrial Infrastructure Development Corporation (Idco) has started construction of the boundary wall and temporary roads for the JSW project, which will come at Dhinkia Nuagaon and Gadkujang panchayats in Jagatsinghpur district. The pre-cast boundary wall and temporary roads are being built for the first ten kilometers starting from the Mahal end of ...

NEW DELHI, JANUARY 12, 2022            Software major Infosys on Wednesday posted an 11.8 per cent rise in consolidated net profit to Rs 5,809 crore for December 2021 quarter.           The Bengaluru-based IT company also increased its revenue growth guidance for FY22 to 19.5-20 per cent.           Infosys had registered a net profit (after minority interest) of Rs 5,197 ...

TBB BUREAU MUMBAI, JANUARY 12, 2022 Aditya Birla Fashion and Retail Limited (ABFRL), one of India’s leading fashion companies, announced that it has collaborated with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH for implementing an India specific project to strengthen the textile and apparel industry for sustainable clothing. This unique initiative is part of the ‘develoPPP programme’ and is being ...