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Blue Dart Q2 sales at Rs. 1,324 crore

TBB BUREAU MUMBAI, OCT 28, 2023 Blue Dart Express, South Asia’s premier express air, integrated transportation and distribution logistics company, posted Rs. 71 crore profit after tax for the quarter ended September 30, 2023 (Q2). Revenue from operations for the quarter under review stood at Rs. 1,324 crore. For the first half of FY2024, revenue declined marginally (two percent) to ...

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Goyal urges govts to collaborate on regulatory framework to facilitate cross border trade and supply chains

TBB BUREAU NEW DELHI, OCT 28, 2023 Union Minister for Commerce and Industry, Consumer Affairs, Food & Public Distribution and Textiles Piyush Goyal on Saturday urged the governments to collaborate on a regulatory framework to ease the movement of supply chains and facilitate cross border trade. He also recalled the Generic Framework for Mapping of GVCs mentioned in the New ...

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Reforms underway to make coal sector more investor friendly

TBB BUREAU NEW DELHI, OCT 28, 2023 The Ministry of Coal (MoC) has undertaken a significant initiative to liberalize the coal sector in India. This initiative introduced Commercial Coal Mining, removing restrictions on the sale and utilization of coal. It also introduced provisions for financing coal mines and flexible auction terms to encourage wider participation. Pursuant to the launch of ...

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NTPC Swayamsiddha Ladies Club provides nutritious food items to expectant mothers

TBB BUREAU RANCHI, OCT 27, 2023 NTPC Swayamsiddha Ladies Club, Coal Mining Headquarters provided essential and nutritious food items essential for the wellbeing of mother and growth of the child, as part of its CSR initiative for creating awareness on the importance of nutritious food for expectant mothers. The initiative was undertaken under the guidance of Swayamsiddha Ladies Club President ...

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NBFC Light starts operation in Odisha

TBB BUREAU BHUBANESWAR, OCT 27, 2023 Marking a significant step in its mission to empower rural low-income households across the country, Ahmedabad-based non-banking finance company Light has launched its operations in Odisha; and committed to disburse loans to the tune of Rs 1000 crore in next few years. Light is committed to establishing a robust presence in Odisha, with the ...

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Havells expands retail footprint in eastern India; launches new Havells GALAXY store in Bhubaneswar

TBB BUREAU BHUBANESWAR, OCT 27, 2023 In a bid to further strengthen its retail footprint in eastern India, leading fast moving electrical goods (FMEG) company Havells India Limited on Friday launched its  32nd exclusive retail showroom, ‘Havells Galaxy’ in Odisha. Located at Mangraj Point, Puri Bypass in the capital city of Odisha, the exclusive outlet was inaugurated by Havells India ...

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Maruti Suzuki Q2FY24 profit up 80.3 pc at Rs 3,717 crore

TBB BUREAU NEW DELHI, OCT 27, 2023 Riding on better sales, softening commodity prices and higher non-operating income, Maruti Suzuki India on Friday reported 80.3 per cent growth in its net profit at Rs 3,716.5 crore in July-September quarter (Q2FY24) as against Rs 2,061.5 crore in the corresponding period in the previous fiscal. The company registered net sales of Rs ...

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BoB introduces lifetime zero balance SB account ‘bob LITE’

TBB BUREAU MUMBAI, OCT 27, 2023 In its bid to offer customers a hassle-free banking experience without any minimum balance requirement, public-sector lender Bank of Baroda (BoB) has introduced the bob LITE Savings Account – a Lifetime Zero Balance Savings Bank Account, as a part of its “BOB Ke Sang Tyohaar Ki Umang” festive campaign. Further, to cater to the ...

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India exports mangoes worth USD 47.98 million in 1st five months of FY24

TBB BUREAU NEW DELHI, OCT 27, 2023 With the continued efforts of the Agricultural and Processed Food Products Export Development Authority (APEDA), Ministry of Commerce and Industry, India has registered a significant growth in the export of mangoes in the first five months (April-August) of the current fiscal (FY2023-24) by exporting mangoes to the tune of USD 47.98 million, which ...

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