Business Corner

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Business Corner

Tuesday, 14 May 2019 | Agencies

PK Satpathy was felicitated as best Director of the year by Geominetech, Bhubaneshwar in recognition of his exemplary contribution to the mining industry at the International Symposium on New Equipment, New Technology, Management and Safety in Mining and Mineral based Industries organised by Geominetech, Bhubaneshwar. The award was presented to Satpathy by V Subba Rao, CMD, KIOCL

Bank has reported Net Profit of Rs 128 crore in Q4 FY 2018-19 as against Net Loss of Rs 2195 crore in Q4 of FY 2017-18.  CASA % to Domestic Deposits have improved from 33.33% as on 31.03.2018 to 36.77% as on 31.03.2019. Net NPA Ratio stood at 6.16% as on 31.03.2019, improved from 6.75% as on 31.12.2018.   The Operating Profit for Mar 2019 quarter stood at Rs 1057 crore as against Rs 634 crore reported in Dec. 2018 quarter showing an increase of 67% Q-o-Q. 

Mukesh Jain, MD & CEO, Oriental Bank of Commerce announcing the Annual Financial Results of FY 2018-19 along with Balakrishna Alse S., ED of the Bank at Bank’s Corporate Office in Gurugram. Also seen in the picture is Mahesh Dhawan, CFO of the Bank

Veeba Foods has forayed into child nutrition segment with its new brand, V-Nourish, a nutrition supplement for kids above 5 years. Launched in 4 variants- Choco-Cookie flavour, Strawberry flavour, Badam flavor and Kesar Pista flavor, V-Nourish is available in modern trade and general trade stores across top 100 cities in the country.

Deepak Kashyap has assumed charge of the post of Chief Vigilance Officer in Power Grid Corporation of India Ltd.(POWERGRID). He is a graduate in English (Hons.) from Patna University and a 1986 batch officer of Indian Railway Traffic Service.

Rakesh Kumar, CMD, NLC India Ltd and Chairman, SCOPE made a courtesy call to KD Tripathi,   Chairman, PESB. UD Choubey, Director General, SCOPE was also present. Chairman, SCOPE took this opportunity to discuss succession planning in public sector enterprises and also sought his views on improvement of PSUs as such

Public Relations Society of India Delhi Chapter launched ‘Samvaad’ series for the public relations fraternity. It was launched by Sir William Mark Tully, former Bureau Chief of the BBC, New Delhi, on 10th May 2019, at SCOPE Convention Centre, Delhi with a Lecture on ‘Creative Listening’ by him in the presence of a huge gathering of PR professionals

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