Powergrid has posted a profit after tax of Rs3,094 crore and total income of Rs9,831 crore on a consolidated basis for Q2FY21. On a standalone basis, the company posted PAT and total income of Rs3,117 crore and Rs9,890 crore, respectively for Q2FY21.
PFC net profit rises 80% to Rs 2,085 crore in Sept qtr
Power Finance Corporation (PFC) has registered a growth of 80% in its standalone net profit to Rs 2,085 crore for the quarter ended September 30. The total income also increased by 15% to Rs 9,232 crore. Loan sanctions during the quarter rose 54% to Rs 50,119 crore from a year ago.
SCOPE welcomes Atmanirbhar Bharat 3.0 to revive growth
Standing Conference of Public Enterprises (SCOPE) has welcomed the measures taken by the government under the Atmanirbhar Bharat 3.0 to retrace the economic growth, which is already showing positive signs. Atul Sobti, Director General, SCOPE, said while the country continues to effectively combat the pandemic, the stimulus shall provide further boost to employment, infrastructure, construction, manufacturing, exports and promote positive business sentiments.
Faber inaugurates another showroom in Ludhiana
Kitchen appliances maker Faber has opened another showroom in Ludhiana. It provides a complete range of appliances, including hobs, cooktops, chimneys, ovens, microwaves, dishwashers, geysers, RO water purifiers and sinks among others.
Kunnath Pharma celebrates 17th year by launching ‘Viromune’
Kunnath Pharmaceuticals has entered into 17th year of its operations. Encouraged by the tremendous success of Musli Power X-tra Keral-based herbal product, the company has launched a new anti-viral, immunity booster and shaktivardhak product ‘Viromune’.
Crompton Greaves unveils ceiling light LED panel
Crompton Greaves Consumer Electricals Ltd has launched its latest range of ceiling lights called Star Lord. Bringing its skillful guidance of design for a sleeker ceiling, brighter illumination and a strong momentum of providing functional benefits, the latest offering by the company ensures its consumers “maximum brightness with maximum style”.
GNA varsity hosts international conference on hospitality
GNA University recently held its 3rd International Conference on Hospitality and Tourism (ICOHOST 2020) on the theme “Hospitality and Tourism Industry: A Better Future for All” over a virtual platform. Industry and academia experts, delegates and research scholars from various countries participated in the conference. Dr Sudhir Andrews, a distinguished author and adjunct Professor of Management at Auro University, Surat, was the chief guest.
Hyderabad, Ludhiana top in remittances from US
Digital payments company WorldRemit has collated data to reveal the trend of remittances to India by women. The US saw the maximum remittances by volume being sent to Hyderabad followed by Ludhiana and Amritsar. The top 10 receiving cities included Mumbai, Jalandhar, Chennai, Bangalore, Delhi, Patiala and Kottayam.
P&G India unveils Ariel Pods in India
Ariel, from the house of P&G India, has introduced a revolutionary laundry product, sold in single-use tablets called PODs. Ariel 3-in-1 PODs are pre-dosed washing capsules, filled with concentrated liquid detergent. These help in 3-in-1 HD clean benefit – cleaning, stain removal and brightness.
McDonald’s re-launches Chicken McGrill burger
McDonald’s India – North & East – has re-introduced its popular Chicken McGrill burger that once ruled over the heart of every food lover. It is now part of all-day menu and available across all McDonald’s restaurants, including McDelivery and takeaway.
New Holland Agriculture bags best tractor award
New Holland Agriculture has been felicitated for its product 3037 TX. It has won the Apollo Farm Power best tractor award in the 31-40 HP category and Best CSR activity in promoting farm mechanisation.
MyMoneyMantra to expand footprint in Ludhiana
Financial services provider MyMoneyMantra will soon open its branch in Ludhiana aligned with its expansion in tier-3 and tier-4 cities. At present, the company has a network of over 100 branches spread across 14 states with more than 70 lakh customers.
HDFC Bank’s campaign to create awareness on cyber frauds
HDFC Bank has launched ‘MoohBandRakho’ — a campaign to increase awareness on cyber frauds and how to prevent them. The bank will conduct 1,000 workshops in the next four months across the country. Following simple steps such as not sharing card details, CVV, expiry date, OTP netbanking/mobilebanking login id & password over phone, SMS, email and social media can help general public keep their money safe.
Trident Group’s initiative for underprivileged children
Under the CSR initiative, Trident Group has launched ‘Shiksha Ki Roshni’ for the underprivileged children in Punjab. As part of the campaign, Trident will distribute around 200 tablets among government primary school students who are deprived of education during the current times due to the Covid.