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Over 40K employees, business partners given first dose of Covid vaccine so far: AM/NS India

TBB BUREAU BHUBANESWAR, AUG 5, 2021 ArcelorMittal Nippon Steel India (AM/NS India) has so far vaccinated as many as 40,000 people comprising the company’s workforce, their family members and business associates with the first dose of Covid vaccine. AM/NS India privately procured Covishield vaccine from the Serum Institute of India administered the jabs to eligible candidates at its vaccination centres, ...

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Rourkela Steel Plant clocks best ever monthly Crude Steel Production in July’21

TBB BUREAU ROURKELA, AUG 5, 2021             Rourkela Steel Plant (RSP), a unit of Maharatna Steel Company SAIL, registered its best ever monthly crude steel production in July, 2021. RSP produced 3,63,095 tonnes of crude steel in the said month, thereby improving its earlier best record of 3,62,319 tonnes achieved in December, 2020. Moreover, crude steel production also went up ...

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UAIL’s ‘Project Sugandha’ puts smile on farmers’ faces in Rayagada

TBB BUREAU TIKIRI/BHUBANESWAR, AUG 5, 2021 The transition of subsistence farming to commercial cultivation for small and marginal farmers in and around Tikiri in Rayagada District, has now become a reality, with Utkal Alumina International Limited (UAIL) driving the change from the front through its initiative “Project Sugandha”. The journey by the subsidiary of Hindalco Industries of the Aditya Birla ...

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World Bank signs $250-million project to make existing dams safe and resilient across India

TBB BUREAU NEW DELHI, AUGUST 5, 2021 The Government of India, the Central Water Commission, government representatives from 10 participating states and the World Bank have signed a $250 million project, to support the Government of India’s long-term dam safety program and improve the safety and performance of existing dams across various states of India. The Second Dam Rehabilitation and ...

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Reliance BP Mobility, Swiggy partner to build EV ecosystem

TBB BUREAU MUMBAI, AUG 5, 2021 In a concerted effort to contribute towards the creation of a robust electric vehicle (EV) ecosystem, Reliance BP Mobility Limited (RBML) and Swiggy on Thursday announced the commencement of trials that will increase the deployment of EVs in the delivery fleet of India’s largest food delivery platform. The partnership is aimed at promoting the ...

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Axis Bank crosses one million customers on WhatsApp banking

TBB BUREAU MUMBAI, AUG 05, 2021 Axis Bank, India’s third largest private sector bank, has crossed the milestone of over one million customers on its WhatsApp banking channel with total request count of 6 million till now. Axis Bank had launched banking services on WhatsApp in January 2021 and has since witnessed robust organic growth in its customer base for ...

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SBI net profit in Q1 surges 55 pc to Rs 6,504 crore

TBB BUREAU NEW DELHI, AUG 4, 2021            The country’s largest lender SBI on Wednesday posted a 55 per cent rise in standalone net profit at Rs 6,504 crore for the first quarter of the current financial year, helped by decline in bad loans.            The lender had reported a net profit of Rs 4,189.34 crore in the April-June ...

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Reliance to double PET recycling capacity

TBB BUREAU MUMBAI, AUG 4, 2021 As part of its commitment to lead the industry on circular economy, enhance its sustainability quotient and bolster the entire polyester and polymer value chain, Mukesh Ambani-owned Reliance Industries Ltd (RIL) will double its capacity to recycle plastic bottles after a third-party recycled polyester staple fibre (PSF) manufacturing facility is set up in Andhra ...

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