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LIC Housing Finance Q1FY24 PAT up 43 pc at Rs 1,324 crore

TBB BUREAU MUMBAI, AUG 3, 2023 LIC Housing Finance on Thursday reported a 43 per cent rise in net profit at Rs 1,324 crore in the April-June quarter (Q1) of the current financial year (FY24). The housing finance subsidiary of LIC had posted a net profit of Rs 925 crore in the year-ago period. The total income in the first ...

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RSP registers record April-July performance in key areas

TBB BUREAU ROURKELA, AUG 3, 2023 Riding on the best-ever monthly steel production in July this year, SAIL-run Rourkela Steel Plant (RSP) recorded its best ever April-July production performance in key areas in the current financial year (FY24). During April-July 2023 RSP  produced 1503879 tonnes of hot metal, 1373483 tonnes of crude steel and 1381750 tonnes of saleable steel, thereby ...

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TPSODL opens SCADA-enabled Area Power System Control Center in Phulbani

TBB BUREAU BERHAMPUR, AUG 3, 2023 Taking another major step towards operational excellence, Tata Power Southern Odisha Distribution Limited (TPSODL) has set up SCADA-enabled Area Power System Control Center (APSCC) in Phulbani. Equipped with advanced technology to enable remote operation and monitoring of the 33/11KV PSS (Power Substation), the APSCC which commenced operations on Thursday, was inaugurated by TPSODL CEO ...

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TPNODL sets up vocational training center in Jajpur to empower local youths

TBB BUREAU JAJPUR, AUG 3, 2023 As part of its CSR initiatives, Tata Power Northern Odisha Distribution Limited (TPNODL) has opened its third cutting-edge Vocational Training Center (VTC) at Kapasi in Jajpur on Thursday to empower local youth. The inauguration ceremony was graced by Bari MLA Sunanda Das, TPNODL CEO Bhaskar Sarkar, Chief Commercial & CSR Officer Dushyant Kumar Tyagi, ...

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NTPC bags North Dhadu (East) Coal Block

TBB BUREAU RANCHI, AUG 3, 2023 NTPC Mining Limited (NML), a wholly-owned subsidiary of NTPC Limited, India’s largest integrated power company, won the bid for North Dadu (East) coal block in the recently concluded coal block auction conducted by the Ministry of Coal. After rigorous efforts and strategic planning, NML has secured the rights to develop and extract coal from ...

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Parliament passes Offshore Areas Mineral (Development and Regulation) Amendment Bill, 2023

TBB BUREAU NEW DELHI, AUG 3, 2023 The Rajya Sabha on Thursday passed the Offshore Areas Mineral (Development and Regulation) Amendment Bill, 2023 which seeks to make amendments to the Offshore Areas Mineral (Development and Regulation) Act, 2002 (‘OAMDR Act’). The Bill was passed by Lok Sabha on 01.08.2023. The Bill will now be sent to the President of India ...

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Union Steel Minister Scindia unveils new logo of NMDC

TBB BUREAU NEW DELHI, AUG 3, 2023 Union Minister of Steel and Civil Aviation Jyotiraditya M. Scindia on Thursday unveiled the new logo of NMDC here in the presence of Union Steel Secretary Nagendra Nath Sinha, NMDC CMD Amitava Mukherjee and other officials of Ministry of Steel and NMDC. Congratulating Team NMDC on their dynamic new logo, the Minister said ...

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Sonalika registers record 10,683 tractor sales in July’23

TBB BUREAU NEW DELHI, AUG 3, 2023 India’s No. 1 tractor export brand, Sonalika Tractors has been consistently assuring a progressive future for all farmers with its heavy duty tractors and marching ahead in the financial year 2023-24. The company has recorded an overall sales of 10,683 tractors in July’23 which includes 14% domestic growth and has beaten industry growth ...

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Dalmia Bharat commences operations of 2 MnT Greenfield Cement Grinding Unit in Tamil Nadu

TBB BUREAU NEW DELHI, AUG 3, 2023 Dalmia Bharat Limited (DBL), a leading Indian cement major under its wholly owned subsidiary Dalmia Bharat Green Vision Limited (DBGVL) on Thursday announced the commencement of commercial production at its new Greenfield Cement Grinding unit at Sattur in Tamil Nadu. This new unit adds 2 million tons of cement capacity to the company’s ...

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