TBB BUREAU BHUBANESWAR, JANUARY 5, 2021 Union Railway Minister Ashwini Vaishnaw will flag off the Puri-Hatia-Puri Tapaswini Express with upgraded LHB Rake on Thursday through videoconferencing from Bhubaneswar Railway Station. In a bid to provide better comfort and jerk free journey to the passengers, Indian Railway has decided to run 18452/18451 Puri-Hatia-Puri Tapaswini Express with modern Linke-Hofmann-Busch (LHB) coaches by ...
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GAIL, IPICOL ink pact for developing clean energy projects in Odisha
TBB BUREAU BHUBANESWAR, JANUARY 5, 2021 The Industrial Promotion & Investment Corporation of Odisha Limited (IPICOL) and GAIL (India) Limited on Wednesday signed a Memorandum of Understanding (MoU) for cooperation in the areas of green hydrogen, green ammonia and renewable energy (solar/wind) for the production of eco-friendly fuels in Odisha. Scope of the MoU inter-alia includes preparing a feasibility study ...
Read More »Over 65 lakh enrolments in Atal Pension Yojana in FY22 so far
TBB BUREAU NEW DELHI, JANUARY 5, 2021 The journey of Atal Pension Yojana (APY) over six and half years since its inception has been substantive with 3.68 crore enrolments. The performance in this financial year (FY22) has been good as more than 65 lakh subscribers enrolled which is the highest ever enrolment during the same period since the launch of ...
Read More »Rourkela Steel Plant ends Year 2021 with string of records and awards
TBB BUREAU ROURKELA, JANUARY 5, 2022 Rourkela Steel Plant (RSP), a unit of Maharatna Company SAIL, emerged stronger from the pandemic blues to post brilliant overall performance in various key areas in the Calendar Year 2021. The Steel Plant produced highest ever 4.37 Million Tonnes (MT) Hot Metal, 3.99 MT Crude Steel and 3.69 MT Saleable Steel in 2021. RSP ...
Read More »NTPC Kaniha develops vegetable market for vendors
TBB BUREAU KANIHA, JANUARY 5, 2021 A new vegetable market developed for the local vendors at NTPC Kaniha was inaugurated on here on Wednesday. The market was inaugurated by Dhenkanal MP Mahesh Sahoo, in presence of Shri Talcher MLA Braja Kishore Pradhan, and NTPC Kaniha Executive Director K Srinivasa Rao. The new vegetable market is a part of NTPC Kaniha’s ...
Read More »TPWODL completes one year of operations in Western Odisha
TBB BUREAU BHUBANESWAR, JANUARY 5, 2021 TPWODL, a joint venture between Tata Power and the Odisha Government for power distribution in Western Odisha, on Wednesday celebrated the completion of the first year of its successful operations in the region. Since its formation, TPWODL has continuously invested in improving the power distribution infrastructure of Western Odisha and ensured affordable and reliable ...
Read More »Vedanta Aluminium and GEAR India to deploy one of India’s largest lithium-ion forklift fleets
TBB BUREAU NEW DELHI, JANUARY 5, 2022 Vedanta Aluminium Business, India’s largest producer of aluminium and value-added products, has signed an agreement with GEAR (Gemini Equipment and Rentals Private Limited) India, to deploy one of the largest fleets of lithium-ion battery-powered electric forklifts, becoming the first in Indian aluminium industry to undertake such an initiative. The company shall commission 23 ...
Read More »GAIL acquires 26pc stake in ONGC Tripura Power Company
TBB BUREAU NEW DELHI, JANUARY 5, 2022 GAIL (India) Limited has acquired equity stake of 26% in ONGC Tripura Power Company (OTPC), which owns and operates a 726.6 MW gas-based combined cycle power plant in Palatana, Tripura. The stake has been acquired from IL&FS Group companies namely, IL&FS Energy Development Company Limited and IL&FS Financial Services Limited. GAIL and IL&FS ...
Read More »CARE Ratings upgrades JSHL rating to CARE AA- with stable outlook
TBB BUREAU NEW DELHI, JANUARY 5, 2021 In a major rating upgrade assigned by CARE Ratings, the ratings assigned to the long-term bank facilities of Jindal Stainless (Hisar) Limited (JSHL) have been upgraded from CARE A+ to CARE AA- with a stable outlook. The rating for short-term bank facilities of the Company has been reaffirmed at CARE A1+. As per ...
Read More »OPPO Enco M32 neckband-style earphones launched in India
TBB BUREAU NEW DELHI, JANUARY 5, 2021 Leading global Smartphone maker OPPO on Wednesday launched its new neckband-style earphones ‘Enco M32’ in India. The neckband will be available on Amazon India and the OPPO store starting January 10 through January 12 at an early bird discounted price of Rs 1,499, the company said in a statement. It will also ...
Read More »Bank of Baroda ropes in cricket sensation Shafali Verma as brand endorser
TBB BUREAU MUMBAI, JANUARY 4, 2021 Bank of Baroda today announced signing of Indian Cricketer Shafali Verma as its brand endorser. In a welcome result of her consistent outstanding performance in the Women’s cricket for India, the Bank has signed contract with the ace Cricketer. Commenting of the association, Sanjiv Chadha, MD & CEO, Bank of Baroda said, “Bank of ...
Read More »Practically launches ‘School and Student Championship’ Quiz
TBB BUREAU BHUBANESWAR, JANUARY 4, 2022 Leveraging its immersive learning expertise, Practically, India’s first experiential learning app designed to make learning immersive for students of classes 6-12, has launched ‘School and Student Championship,’ a nationwide school quiz contest. This exciting and unique championship quiz has been introduced to make the onset of the New Year extra special for students and ...
Read More »BMW Group India achieves highest growth in a decade, delivers 8,876 cars and 5,191 motorcycles in 2021
TBB BUREAU GURUGRAM, JANUARY 4, 2022 BMW Group India has achieved the highest growth in a decade by delivering 8,876 cars (BMW and MINI) and 5,191 motorcycles in 2021. BMW India registered sales of 8,236 units and MINI India of 640 units. BMW Motorrad sold 5,191 motorcycles. BMW India achieved over 35% growth as compared to 2020 – the highest ...
Read More »Jal Jeevan Mission brings ray of hope for the people of Madhuramba village in Odisha
TBB BUREAU BHUBANESWAR, JANUARY 4, 2022 For decades, people of Madhuramba village in Gajapati district of Odisha faced water crisis, which would become acute in summers. Till 2018, the residents of the village struggled daily to meet their drinking water needs. Lack of water in close proximity made life more difficult for them. Four hand pumps in the village catered ...
Read More »NBBL launches Unified Presentment Management System to simplify bill payments
TBB BUREAU MUMBAI, JANUARY 4, 2022 With an aim to enrich and simplify bill payments in the country, NPCI Bharat BillPay Ltd. (NBBL), the wholly-owned subsidiary of National Payments Corporation of India (NPCI), has introduced a unique functionality called ‘Unified Presentment Management System’ (UPMS). NBBL through UPMS will enable the customers to set up standing instructions – from any channel ...
Read More »Wacom opens first Experience Centre in Kolkata
TBB BUREAU BHUBANESWAR, JANUARY 4, 2022 Wacom, the global leader in pen tablet market and the key supplier of pen and multi-touch sensor components for smartphones and tablet-type devices, announced the opening of its first Experience Centre in the City of Joy, Kolkata. The new Experience Centre will be a one-stop-shop and solution centre for everything Wacom and will have ...
Read More »Alka Mittal becomes first female CMD of ONGC
TBB BUREAU NEW DELHI, JANUARY 4, 2022 Alka Mittal has been appointed as the Chairman and Managing Director (CMD) of ONGC. Prior to this new assignment, she was holding the position of Director (Human Resources) at the company. With this elevation, Mittal becomes the first woman to lead the company, ONGC posted on its Twitter handle late on Monday night. ...
Read More »Vedanta’s cast metal aluminium production at smelters stands at 5,79,000 tonnes in Q3FY22
TBB BUREAU NEW DELHI, JANUARY 3, 2022 Vedanta Ltd on Monday said the cast metal aluminium production at its smelters stood at 5,79,000 tonnes in the third quarter (Q3) of the current financial (FY2021-22), registering 16 per cent growth. “The cast metal aluminium production at our smelters stood at 5,79,000 tonnes in Q3 FY22, higher 16 per cent in comparison ...
Read More »MCL clocks 15pc growth in coal production, 22pc in off-take in Q3FY22
TBB BUREAU SAMBALPUR, JANUARY 3, 2022 Mahanadi Coalfields Limited (MCL) has registered a double-digit growth of 22 per cent in coal off-take at 129.36 million tonnes and 15 per cent in dry fuel production at 117.12 million tonnes in the third quarter (Q3) ended on December 31, 2021 as compared against same period during the previous fiscal. Leading the efforts ...
Read More »Shanti Memorial Hospital launches advanced Cath Lab in Cuttack
TBB BUREAU BHUBANESWAR, JANUARY 3, 2022 Cuttack-based Shanti Memorial Hospital has launched a state–of-the-art Cath Lab in its Cardiology Department for the benefit of patients. Procedures like Coronary Angiography, Peripheral Angiography, PTCA, BMV ( Balloon Mitral Valvoplasty), Electrophysiology Study, RFA 2D & 3D Mapping, Permanent Pacemaker Implantation etc. can be performed with ease at the newly launched advanced Cath Lab. ...
Read More »AIIMS Bhubaneswar starts vaccination for 15-18 age group
TBB BUREAU BHUBANESWAR, JANUARY 3, 2022 In a bid to protect the youths of India from the novel coronavirus, the All India Institute of Medical Sciences (AIIMS), Bhubaneswar on Monday started the COVID-19 vaccination drive for the age group 15-18 years. The vaccination session started at 8 AM. There were 150 online registrations and 15 on-the-spot registrations for the same. ...
Read More »Vice President calls for improving financial literacy in India
TBB BUREAU ERNAKULAM, JANUARY 3, 2022 Vice President M. Venkaiah Naidu on Monday stressed the need to improve financial literacy among the masses and urged the professionals like Charted Accounts to work in this direction by explaining financial rules and regulations in simple and easy language for the larger benefit of the public. Addressing the gathering at the foundation stone ...
Read More »NEAT will be a game-changer in bridging the digital divide and fulfilling the knowledge-based requirement of the world: Pradhan
TBB BUREAU NEW DELHI, JANUARY 3, 2022 Union Education Minister and Skill Development Minister Dharmendra Pradhan launched NEAT 3.0, a single platform to provide the best-developed ed-tech solutions and courses to students of the country. The Minister also launched AICTE prescribed technical books in regional languages. Speaking on the occasion, Pradhan said that NEAT will be a game-changer in bridging ...
Read More »Mines Ministry creates KABIL to attain self-reliance in critical & strategic mineral requirements
TBB BUREAU NEW DELHI, JANAUARY 3, 2022 With an aim to ensure mineral security of the nation and to attain self-reliance in the area of critical & strategic minerals, the Union Ministry of Mines has created a Joint Venture company namely Khanij Bidesh India Ltd (KABIL) with participating interest of National Aluminium Company Ltd (NALCO), Hindustan Copper Ltd (HCL) and ...
Read More »With support from Reliance Foundation, Odia weightlifter Jhilli determined to make a mark at Hangzhou Asian Games
TBB BUREAU BHUBANESWAR, JANUARY 3, 2022 After a string of impressive performances, 22-year-old Jhilli Dalabehera from Nayagarh in Odisha is determined to make a mark at the Asian Games in Hangzhou, China later this year. In December, Jhilli won a silver medal at the Commonwealth Weightlifting Championships in Tashkent with a tally of 167Kgs, but in spite of a podium ...
Read More »Nippon India MF launches India’s first Auto ETF
TBB BUREAU MUMBAI, JANUARY 3, 2021 Nippon Life India Asset Management Limited, asset manager of Nippon India Mutual Fund (NIMF), has announced the launch of India’s First Auto sector ETF – Nippon India Nifty Auto ETF. The Auto ETF is an open-ended scheme tracking the Nifty Auto Index. Nippon India Nifty Auto ETF will predominantly invest in stocks comprising of ...
Read More »VP calls for making India self-reliant in all areas
TBB BUREAU KOCHI, JANUARY 2, 2022 Vice President M Venkaiah Naidu on Sunday called for making India fully self-reliant in all areas, including strategic domains. Addressing scientists and staff of the Naval Physical and Oceanographic Laboratory at Kochi, the Vice President stressed the need for increasing indigenous content in the defence sector and cutting down on imports. “To achieve that, ...
Read More »TPCODL wins six awards at 35th National Convention on Quality Concepts
TBB BUREAU BHUBANESWAR, JANUARY 2, 2022 TP Central Odisha Distribution Limited (TPCODL) has been conferred with six Gold category awards by the National Convention on Quality Concept (NCQC), 2021, organised by Quality Circle Forum of India (QCFI). Out of the six, it received four under the ‘Par Excellence’ category and two under the ‘Excellent’ category. This year, the theme of ...
Read More »DIC Amarendu Prakash exhorts RSP Collective to set new benchmarks in 2022
TBB BUREAU ROURKELA, JANUARY 1, 2022 “RSP (Rourkela Steel Plant) excelled in all spheres and achieved remarkable overall performance in the year 2021. But we can’t rest on our laurels. I know that, the indomitable spirit of the Rourkelites and their knack for excellence and innovation will not allow us to rest. We have to think of fresh benchmarks to ...
Read More »Atul Kumar Goel to take charge as PNB MD & CEO from Feb 1
TBB BUREAU NEW DELHI, JANUARY 1, 2022 Atul Kumar Goel who joined Punjab National Bank (PNB) on Saturday, will serve as Officer on Special Duty (OSD) in the Bank till the end of this month and take over as the new Managing Director (MD) and CEO with effect from February 1, 2022, the Bank said in a statement today. As ...
Read More »PM releases 10th instalment of PM-KISAN to 10 crore beneficiary farmer families
TBB BUREAU NEW DELHI, JANUARY 1, 2022 In line with the continued commitment and resolve to empower grassroot level farmers, Prime Minister Narendra Modi released the 10th instalment of financial benefit under Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme on Saturday via videoconferencing. This enabled the transfer of an amount of more than Rs. 20,000 crore to more than 10 ...
Read More »Centurion University ranked as ‘Performer’ in ARIIA ranking 2021
TBB BUREAU BHUBANESWAR, JANUARY 1, 2022 The year 2021 ended on a promising note for Centurion University as it got placed under the category “Performer” among the private universities in Atal Ranking for Institutions on Innovation Achievements (ARIIA) 2021 announced on 29th December, 2021 by the Innovation Cell of the Union Ministry of Education. As many as 1438 institutions including ...
Read More »ICMR chooses IMS and SUM Hospital as Centre for Clinical Trials
TBB BUREAU BHUBANESWAR, JANUARY 1, 2022 The Indian Council of Medical Research (ICMR) has chosen the Institute of Medical Sciences (IMS) and SUM Hospital in the Capital City of Odisha as one of the ICMR Centre for Clinical Trials (ICCT) in the eastern region. IMS and SUM Hospital, faculty of medicine of Siksha ‘O’ Anusandhan (SOA), had responded to ...
Read More »MCL will achieve new milestones in 2022: OP Singh
TBB BUREAU SAMBALPUR, JANUARY 1, 2022 Mahanadi Coalfields Limited (MCL) will achieve new milestones and emerge as Numero Uno coal company in the year 2022, said OP Singh on Saturday, after assuming the additional charge of Chairman-cum-Managing Director. Singh, while chairing his first coordination meeting with Area GMs, members of Joint Consultative Committee (JCC) and Welfare Board, extended new year ...
Read More »OP Singh assumes additional charge as CMD of MCL
TBB BUREAU SAMBALPUR, JANUARY 1, 2022 Mahanadi Coalfields Limited (MCL) Director (Technical/Operations), OP Singh, on Saturday assumed the additional charge of company’s Chairman-cum-Managing Director (CMD). A mining engineer with a First Class competency certificate from the DGMS and an MBA in Marketing and PG DCA, Singh has held various senior positions in mine planning and production management in both underground ...
Read More »Reliance to AIIMS – Efficient leadership is a prerequisite for everything
Ravindra Kishore Sinha When Mukesh Ambani speaks on a subject, it is usually not possible to ignore it. He recently gave clear indications that the succession plan of Reliance Industries Limited (RIL) is ready. It is certainly a good thing that the chairman of the country’s largest industrial conglomerate, Mukesh Ambani, has informed the nation about the possible changes in ...
Read More »Pradhan launched ‘Padhe Bharat’ reading campaign
TBB BUREAU NEW DELHI, JANUARY 1, 2022 Union Education Minister Dharmendra Pradhan on Saturday launched a 100-day reading campaign ‘Padhe Bharat’. The launch of 100 Days Reading Campaign is in alignment with the National Education Policy (NEP) 2020 which emphasises on promotion of joyful reading culture for children by ensuring availability of age appropriate reading books for children in local/mother ...
Read More »Dec YoY GST collection rises 13pc to over Rs 1.29 lakh crore
TBB BUREAU NEW DELHI, JANUARY 1, 2022 India’s GST collection rose 13 per cent in December 2021 on a year-on-year (YoY) basis to Rs 1,29,780 crore. “The revenues for the month of December 2021 are 13 per cent higher than the GST revenues in the same month last year and 26 per cent higher than the GST revenues in December ...
Read More »Reliance New Energy Solar to acquire UK’s battery firm Faradion
TBB BUREAU MUMBAI, DECEMBER 31, 2021 Reliance New Energy Solar Ltd (“RNESL”), a wholly owned subsidiary of Reliance Industries Ltd., has signed definitive agreements to acquire 100% shareholding in Faradion Limited (“Faradion”) for an enterprise value of GBP 100 Mn. In addition, RNESL will also invest GBP 25 Mn as growth capital to accelerate commercial roll out. Based out of ...
Read More »Smartphone market moving towards steady growth and recovery stage: GfK
TBB BUREAU DELHI, DEC 30, 2021 According to GfK market intelligence, overall category sales of smartphones in terms of units for offline retail (point-of-sales) grew by 4% in India whereas online retail sales grew by 29% during YTD Oct 2021 compared to 2020. During the same period, online channel contribution for smartphone market accounted for 40% in terms of sales ...
Read More »Reliance General Insurance bags ‘The Economic Times Best Brand 2021’ tag
TBB BUREAU MUMBAI, DEC 30, 2021 India’s 4th largest private general insurance company Reliance General Insurance Company Ltd (RGICL) bagged the “Economic Times Best Brand Award 2021” for the third time in a row. At the fourth edition of the ET Best Brand awards, RGICL stood as the only General Insurance Company receiving this recognition. The recognition is conferred to ...
Read More »Numeric injects optimism into 2022 through its ‘Energy Anthem’
TBB BUREAU CHENNAI, DEC 30, 2021 Ushering in 2022 with positivity and hope, UPS manufacturer Numeric has released an “Energy Anthem” dedicated to the society for keeping alive the energy of hope, growth, and togetherness. The 2.03-minute-long video released by Numeric injects hope and optimism and motivates the society to welcome the New Year with a new fervour. The lyrics ...
Read More »Dabur enters the Health Food Drink category with ‘Dabur Vita’
TBB BUREAU KOLKATA, DEC 30, 2021 India’s leading Ayurvedic and Natural Health Care Company Dabur India Ltd. announced its foray into the Health Food Drink category with the launch of ‘Dabur Vita’. It is made with a unique blend of more than 30+ herbs Like Ashwagandha, Giloy and Brahmi, which are scientifically proven not only to provide better immunity but ...
Read More »Reliance Foundation rings in festive cheer with thousands of children
TBB BUREAU BHUBANESWAR, DEC 29, 2021 As the year draws to a close and the festive spirit around the corner, Reliance Foundation continued its tradition of ringing in the celebration with children from across India. Specially curated goodie bags and presents have been shared with around 5000 children from underprivileged backgrounds, in partnership with 26 NGOs across 11 cities including ...
Read More »Heartfulness Tree Conservation Center launched to save critically endangered tree species
TBB BUREAU HYDERABAD, DEC 29, 2021 Heartfulness Tree Conservation Centre launched Modern Tissue Culture Laboratory to help propagate the critically endangered plant and tree species in the country. The project was inaugurated by Union Minister for Agriculture & Farmers’ Welfare Narendra Singh Tomar, to mark the conservation efforts by Kanha Shanti Vanam. While Heartfulness Institute aims at growing the plantlets ...
Read More »Cycle Pure Agarbathi creates ‘The Bhagavad Gita in 3 minutes’ for millennials, Gen Z
Cycle Pure Agarbathi creates ‘The Bhagavad Gita in 3 minutes’ for millennials, Gen Z TBB BUREAU BHUBANESWAR, DEC 29, 2021 On the auspicious occasion of Gita Jayanti, Cycle Pure Agarbathi, India’ largest selling prayer brand, has launched ‘The Bhagavad Gita in 3 minutes’ to make the timeless wisdom accessible to the young millennials and help them deal with everyday life ...
Read More »TPNODL trains over 500 women SHGs in Keonjhar and Mayurbhanj districts
TBB BUREAU BALASORE, DEC 28, 2021 One of the major barriers faced by women belonging to the marginal communities in rural areas is to pursue an income generating activity. Prompted by the need to overcome this barrier, TP Northern Odisha Distribution Ltd (TPNODL) imparted training to over 500 women self-help groups (SHGs) in meter reading, billing and collection activities (MBC) ...
Read More »AU Small Finance Bank appoints former RBI Deputy Governor HR Khan as Non-Executive Independent Director
TBB BUREAU MUMBAI/JAIPUR, DEC 28, 2021 AU Small Finance Bank has announced the appointment of Harun Rashid Khan as Non-Executive Independent Director (Additional Director) on the Board, for a period of three years, effective from today, subject to the approval of shareholders. While announcing the appointment, Sanjay Agarwal, MD & CEO, AU Small Finance Bank said, “We are really honoured ...
Read More »Dalmia Cement leads sustainability efforts with launch of India’s 1st e-Trucks initiative
TBB BUREAU RAJGANGPUR, DEC 28, 2021 Leading Indian cement major and a subsidiary of Dalmia Bharat Limited, Dalmia Cement (Bharat) Limited (DCBL) is spearheading the industry’s transition towards a circular economy with the launch of its e-Truck initiative in India. The pioneering move will accelerate DCBL’s sustainability goal of lowering carbon emissions besides optimizing the company’s overall logistics cost. With ...
Read More »Metal and mining industries urge govt not to impose anti-dumping duty on caustic soda
TBB BUREAU NEW DELHI, DEC 28, 2021 In separate representations to the Finance Minister, Revenue Secretary, and the PMO, multiple industry associations have called for an urgent halt to ongoing deliberations to impose anti-dumping duties on the import of caustic soda from the friendly nations of Japan, Qatar, Oman and Iran. The planned additional duties are aimed at countries with ...
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