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Union Bank of India posts 60pc jump in net profit

TBB BUREAU MUMBAI, JAN 20, 2024 Union Bank of India on Saturday reported a substantial 59.91 per cent year-on-year surge in net profit, reaching Rs 3,590 crore for the October-December quarter of FY24. This impressive growth is attributed to decreased provisioning and heightened interest income. In comparison, the bank had recorded a net profit of Rs 2,249 crore during the ...

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IIM Sambalpur to host 9th PAN-IIM World Management Conference with Top CEOs, Academics, and Industry Experts

TBB BUREAU SAMBALPUR, JANUARY 20, 2024 IIM Sambalpur, one of India’s premier management institutions, is all set to host the 4-Day 9th PAN IIM World Management Conference (WMC) with the theme “Entrepreneurial Innovation and Digital Governance for Inclusive and Sustainable Growth”, from January 21 to 24. The conference will witness the participation of directors from all 21IIMs. Participants from all ...

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JSP Foundation’s Yashasvi program empowers over 4,000 women, paving the way for educational and professional excellence

TBB BUREAU NEW DELHI, JANUARY 19, 2024 Launching the third edition of its flagship program, Yashasvi, the JSP Foundation — the social arm of Jindal Steel & Power — provided financial assistance to 4,254 selected girls and women from socio-economically weaker sections in Odisha, Jharkhand, and Chhattisgarh in its third edition. JSP Foundation Chairperson Shallu Jindal inaugurated the program, presenting ...

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Jio Platforms records 11.6pc surge in Q3 net profit

TBB BUREAU MUMBAI, JAN 19, 2024 In the latest financial report, Jio Platforms marked an 11.6% year-on-year escalation in consolidated net profit, reaching INR 5,445 crore during the December quarter. This impressive growth was fueled by a robust increase in subscribers. The gross revenue of Jio Platforms, housing Reliance Industries’ telecom and digital businesses, experienced an 11.4% surge, reaching INR ...

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New leadership takes helm at ICSI EIRC for the year 2024

TBB BUREAU KOLKATA; JANUARY 19, 2024 In a recent transition of leadership, Mohit Shaw assumes the role of Chairman at the Eastern India Regional Council (EIRC) of The Institute of Company Secretaries of India (ICSI) for the year 2024. The outgoing Chairman, Soumya Sujit Mishra, expressed confidence in Shaw’s ability to steer the council through a dynamic year ahead. Surya ...

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TPSODL becomes first state utility to implement APSCC in all circles

TBB BUREAU BERHAMPUR; JANUARY 19, 2024 In the pursuit of innovation and the strategic deployment of technological interventions in power distribution, TP Southern Odisha Distribution Limited (TPSODL) has taken a significant step forward by establishing a SCADA-enabled APSCC (Area Power System Control Centre) at Seriguda in the Rayagada Circle. This milestone not only underscores TPSODL’s commitment to advancing its operational ...

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Dabur’s ‘Science in Action’: Nurturing health with Ayurveda for children nationwide

TBB BUREAU BHUBANESWAR, JAN 19, 2024 Dabur India Limited has embarked on the ‘Science in Action’ campaign, a concerted effort to enlighten consumers about the myriad benefits of Ayurveda and the importance of adopting a healthy lifestyle. This campaign is designed to equip families with scientifically validated information, empowering them to make well-informed choices for their day-to-day health. At the ...

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Jindal Steel & Power’s Utkal-C Coal Block observes inaugural Annual Mines Safety Fortnight with pledge for ‘Zero Harm’

TBB BUREAU ANGUL; JANUARY 19, 2024 In a significant stride towards ensuring safety excellence, Jindal Steel & Power (JSP)’s Utkal-C Coal Block successfully hoisted its 1st Annual Mines Safety Fortnight for the year 2023-24 at Raijharan in the Angul district. The event highlighted JSP’s unwavering commitment to fostering a secure and sustainable mining environment. Distinguished guests, including Bhubaneswar Region-I DMS ...

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Ashok Leyland accelerates expansion, fuels growth in Odisha’s commercial vehicle market

TBB BUREAU BHUBANESWAR; JANUARY 19, 2024 In a strategic move aimed at tapping into the burgeoning markets of Eastern India, especially Odisha, Ashok Leyland, India’s premier commercial vehicle manufacturer and a flagship company of the Hinduja Group, is poised to strengthen its presence in the dynamic state. Fuelled by the robust economic growth of the region, with Odisha’s Gross State ...

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Suzuki Motorcycle collaborates with SMFG India Credit for streamlined two-wheeler financing

TBB BUREAU NEW DELHI; JANUARY 19, 2024 Suzuki Motorcycle India Private Limited, the two-wheeler subsidiary of Suzuki Motor Corporation, Japan, on Friday formalized a strategic partnership by signing a Memorandum of Understanding (MoU) with SMFG India Credit Co. Ltd. (Formerly Fullerton India Credit Co. Ltd.) with the aim to offer personalized and hassle-free financing solutions for the purchase of Suzuki ...

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