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TRADE TALK

Indo-US biz ties

US consul-general in Calcutta Helen Lafave, in her maiden visit to Jamshedpur on April 9, interacted with a delegation of entrepreneurs consisting of representatives of the Singhbhum Chamber of Commerce and Industry and the Confederation of Indian Industries at Centre for Excellence, Bistupur. She was accorded a warm welcome by Tarun Daga, managing director of Tinplate Company of India Limited. In his address, Daga stressed on the need for bettering Indo-US business relations and strengthening bilateral ties. Acknowledging the need for it in her speech, Lafave spoke of various social initiatives being taken by the US in this region. Touching on the LS polls, she said that in the event of any change in India’s central leadership, relations would remain strong and robust as now. Lafave and others discussed issues of cooperation in business, healthcare, infant mortality and others at the interactive session

Sole service

Metro Shoes, one of India’s biggest fashion footwear brands, opened its first store in the state at GEL Church Shopping Complex in Ranchi on April 10. Spread over an area of 1,700sqft, the store stocks over 14,000 pairs of shoes in casual, formal and ceremonial styles for men, women and children. It also has accessories such as handbags, wallets and belts, as well as shoe-care products. Besides in-house brands, the store stocks others such as Florsheim, Lee Cooper, Fila, Franco Leone and Ganuchi, said regional manager Jairaj Kapoor. The price point for men’s shoes starts from Rs 1,090 and for ladies from Rs 590. Accessories are priced at Rs 300 and above

Bank revamp

Corporation Bank chairman-cum-managing director S.R. Bansal inaugurated the renovated office premises of its Ranchi branch on Hazaribagh Road and also opened a new ATM kiosk there on April 11. Headquartered in Mangalore, Karnataka, the 109-year-old public sector bank has 41 branches and 32 ATMs in Patna zone that registered total business worth Rs 2,100 crore in the last financial year in the two states of Bihar and Jharkhand that fall under Patna zone

Steeling against brand theft

SAIL has asked people to buy construction steel items from branch sales offices or authorised dealers only. “Central marketing organisation, SAIL’s marketing wing, over two years, detected certain Raipur and Hyderabad firms using TMT bars, beams and other items using SAIL trademarks. Legal action has been initiated against the firms,” Ujjwal Bhaskar, chief of communications, SAIL R&D centre, Ranchi, said


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