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JSHL to merge with Jindal Stainless to form ‘India’s largest stainless steel co’

PRIYABRAT BISWAL BHUBANESWAR, DEC 29 Hisar-based Jindal Stainless (Hisar) Ltd (JSHL) on Tuesday said its board has approved the company’s merger into the country’s largest stainless steel maker Jindal Stainless Ltd (JSL). In a joint statement, JSHL and JSL claimed the merger will create a mega stainless steel entity that will be among the top-10 stainless steel companies in the ...

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Paytm Payout Gift Wallet Cards, Digital Gold achieve Rs. 100 crore GMV

TBB BUREAU NEW DELHI, DEC 29 India’s homegrown digital financial services platform Paytm on Tuesday announced that corporate gifting of Paytm Gift Wallet Cards and 24-Karat Digital Gold has crossed Rs. 100 crore in yearly GMV. With the ongoing pandemic, more companies are adopting the offerings by Paytm Payouts as a safe, efficient, and cost-effective way to spread the festive ...

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Godrej Consumer forays into home cleaning products

PRIYABRAT BISWAL MUMBAI, DEC 29 FMCG major Godrej Consumer Products Limited (GCPL) on Tuesday said it has forayed into home cleaning products, a segment which is witnessing fast growth after the Covid-19 pandemic. GCPL offers toilet, bathroom and floor cleaners under its newly-launched brand Godrej ProClean, the company said in a statement. The brand’s USP is its ‘best quality at ...

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L&T Construction bags contract for its water & effluent treatment business

TBB BUREAU MUMBAI, DEC 29 The Water and Effluent Treatment business of L&T Construction has secured an EPC order involving design, engineering, supply and installation of plant and equipment to lay 135 km of slurry pipeline and water pipeline systems between Bacheli and Nagarnar and associated facilities in Chhattisgarh. L&T is already executing a pumping facility as part of another ...

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PNB culminates IT integration of erstwhile UBI branches

TBB BUREAU NEW DELHI, DEC 29     India’s leading PSB Punjab National Bank (PNB) has now successfully completed the IT integration of all branches of erstwhile United Bank of India (UBI). This is in continuation to the IT integration of all branches of erstwhile Oriental Bank of Commerce, undertaken in November 2020. With this, PNB has completed the integration and ...

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Acer’s mega eSports tournament concludes

TBB BUREAU BENGALURU, DEC 29 Acer, the market leader in PC gaming in India, announced the winner of its 4th edition of mega eSports tournament Acer Predator League India 2020 where 16 finalists from PUBG PC, 4 semifinalists from Valorant, and that for Valorant for Woman competed against each other in their respective tournament. While COVID-19 obligated the event to ...

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Tata Steel reiterates its commitment to sustainability

PRIYABRAT BISWAL BHUBANESWAR, DEC 28 Even as Tata Steel expands its manufacturing footprint in India through organic and inorganic growth, it continues to remain committed to the cause of the environment and sustainability. Over the last few years, the steel behemoth has made considerable progress on several environmental parameters. Those include 100 per cent solid waste utilisation, greenhouse gas emission ...

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NTPC declares Dulanga coal mine commercially operational

TBB BUREAU NEW DELHI, DEC 28 State-run power major NTPC on Monday said its Dulanga coal mine is commercially operational from October 1, 2020. “…based on achievement of approved norms and due approval; Dulanga Coal Mine (in Odisha) of NTPC Limited, having an ultimate peak rated annual capacity of 7 Million Tonnes Per Annum, is declared commercial operation from October ...

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JSPL Foundation supports reconstruction of century-old school for girls at Mathura

TBB BUREAU NEW DELHI, DEC 28 Foundation laying ceremony and Bhumi Pujan for JSPL Foundation-supported construction of the new building of Sri Kishori Raman Girls’ Inter College, Mathura was held on Sunday in presence of District Magistrate Sarvagya Ram Mishra, SSP Gaurav Grover, Sub-Divisional Magistrate (SDM) Kranti Shekhar, social activist Priyal Bhardwaj and other dignitaries. JSPL Foundation Chairperson Shallu Jindal ...

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ABFRL Asia’s ‘Most Sustainable Company’ in Textile, Apparel & Luxury Goods Industry

TBB BUREAU MUMBAI, DEC 28 Aditya Birla Fashion and Retail Limited (ABFRL), the powerhouse of fashion and retail sector, is positioned as Asia’s `Most Sustainable Company’ and globally ranked 8th in the Textiles, Apparel & Luxury goods Industry for its Environmental, Social and Governance (ESG) performance in the 2020 edition of S&P Global Corporate Sustainability Assessment. The CSA methodology is ...

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