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Adani Group to invest in Cleartrip

TBB BUREAU AHMEDABAD, OCT 29, 2021 The Adani Group on Friday announced that it is investing in online travel aggregator and part of the Flipkart Group, Cleartrip Private Limited. As part of this investment, the Adani Group will acquire a significant minority stake in Cleartrip. Through this investment, the Adani Group and the Flipkart Group will benefit from synergies that ...

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SAIL Q2 net profit jumps over 10-fold to Rs 4,338 crore

TBB BUREAU NEW DELHI, OCT 29, 2021 State-run Steel Authority of India Ltd (SAIL) on Friday reported an over 10-fold jump in its consolidated net profit at Rs 4,338.75 crore for the second quarter (Q2) ended September 30, 2021 as compared Rs 436.52 crore net profit in the year-ago period. During the July-September period (Q2FY22), the company’s total consolidated income ...

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Vedanta Q2FY22 net profit jumps multifold to Rs 4,615 crore

TBB BUREAU MUMBAI, OCT 29, 2021 Anil Agarwal-led Vedanta Ltd on Friday reported a multifold jump in consolidated net profit to Rs 4,615 crore for the quarter ended September 30, 2021 (Q2FY2021-22) on the back of strong aluminium prices on the London Metal Exchange. It had posted a consolidated net profit of Rs 838 crore in the year-ago period, the ...

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‘JioPhone Next’ to be available from Diwali

TBB BUREAU MUMBAI, OCT 29, 2021 Telecom major Jio and Google on Friday said that their much-anticipated affordable smartphone ‘JioPhone Next’ will be available in stores from Diwali, adding to the festival cheer in the country. The made-for-India smartphone, jointly designed by the two companies, will be available at an entry price of only Rs 1,999 and the rest amount ...

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Tata Steel collaborates with Tata Power to set up 41MW grid connected solar projects in Jharkhand and Odisha

TBB BUREAU MUMBAI, OCT 29, 2021 Tata Steel and Tata Power, the two flagship companies of the Tata Group, have come together to develop a grid-connected solar project in Jharkhand and Odisha. The two companies have signed a Power Purchase Agreement (PPA) for a duration of 25 years to set up 41MW solar project, which will be a combination of ...

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CIL successfully stepped up coal supply to meet increased demand: Union Minister Joshi

TBB BUREAU TALCHER, OCT 28, 2021 “Coal India Limited has successfully stepped up fuel supply to meet the increased power demand and arrest shortage of fuel at thermal power plants which has happened due to increased cost of imported coal,” said Union Coal & Mines Minister Pralhad Joshi on Thursday, while reviewing the mining and dispatch operations at Mahanadi Coalfields ...

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NTPC Coal Mining Headquarters organises Vendor Meet

TBB BUREAU RANCHI, OCT 28, 2021 As part of the ongoing observance of the Vigilance Awareness Week at NTPC Coal Mining Headquarters from October 26, a Vendor Meet was organized virtually on Wednesday. The meet was attended by senior officials, vigilance department officials and vendors from NTPC Coal Mining Headquarters and Projects. Welcoming the participants, Regional Executive Director (Coal Mining) ...

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Qalara helps India’s artisanal products reach global consumers

TBB BUREAU BHUBANESWAR, OCT 28, 2021 Qalara, India’s largest cross border B2B platform for artisanal goods, backed by Reliance, has set on motion plethora of initiatives to take Indian artisanal products to new global consumers across the world. In a significant success on Qalara platform, the traditional Sabai Grass placemats from Odisha’s Mayurbhanj and Raghurajpur Pattachitra serve-ware find market in ...

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Isha Ambani joins Smithsonian’s National Museum board

TBB BUREAU NEW DELHI, OCT 28, 2021          Isha Ambani has been appointed to the Board of Trustees of the prestigious Smithsonian’s National Museum of Asian Art, part of the Smithsonian Institution, the world’s largest museum, education and research complex, based in the USA. The Smithsonian’s Board of Regents approved the appointment of Ambani and two others – Carolyn Brehm ...

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