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Trade Talk

Bank on target

Canara Bank has achieved its 2013-14 target for Jharkhand by registering business worth Rs 13,890 crore, Pramod Kumar, deputy general manager, who is in charge of Ranchi circle, said during the annual branch managers’ meet at a Ranchi hotel on April 28. The bank’s business target for the new fiscal, 2014-15, was fixed at Rs 16,000 crore, Kumar told branch managers from across the state who attended the conference. Headquartered at Bangalore, Karnataka, Canara Bank has 104 branches and 121 ATMs in Jharkhand, of which as many as 37 branches and 56 ATMs opened during 2013-14. Among new branches, 12 were opened in far-flung areas of Jharkhand to promote financial inclusion of villagers. “We plan to open 50 more branches in the state during the 2014-15 fiscal,” he added

Cement launch

Konark Cement, a well-known brand from the OCL India Limited stable, launched Konark DSP Cement in Jharkhand on April 28. OCL deputy executive director (sales and marketing) Indrajit Chatterjee called the product “high-strength cement especially designed for casting”. High endurance, compressive strength and smooth surface finish, resilience and flexible application were other qualities that made Konark DSP Cement ideal for use in casting roof slabs, columns as well as building foundations, Chatterjee added

Wage revision

The long awaited wage revision of employees of the Bara plant of Tata Steel Processing and Distribution Limited was signed recently in Jamshedpur. Managing director of the company Sandipan Chakravortty and president of Tata Steel Processing and Distribution Limited Employees’ Union Rakeshwar Pandey and other senior executives were present on the occasion. The revision was under negotiation for almost one-and-a-half years

Game for health drink

To popularise its kesar-badam (saffron and almond) flavour, Horlicks manufacturers GlaxoSmithKline Consumer Healthcare conducted a unique game-show campaign in select Ranchi schools, marketplaces and shopping complexes between April 28 and 30. Named Chhote Sultan Hunt, the game show asked young participants to collect and put saffron and almond as quickly as possible in glasses. The fastest few earned kesar-badam health drinks as reward