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Author Archives: Editor

NIMF launches Nippon India Flexi Cap Fund

TBB BUREAU BHUBANESWAR, JULY 20, 2021 Nippon Life India Asset Management (NAM India), asset manager of Nippon India Mutual Fund (NIMF), on Tuesday announced the launch of Nippon India Flexi Cap Fund, an open-ended dynamic equity scheme aimed at capturing the opportunities across Market Caps. “Nippon India Flexi Cap Fund seeks to create long-term capital appreciation by investing in a ...

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Tata Steel’s Ferro Alloys & Manganese Division commissions Water Treatment Plant at Joda

TBB BUREAU JODA, JULY 20, 2021 In line with its commitment towards environmental sustainability, the Manganese Group of Mines, Bichakundi of Tata Steel’s Ferro Alloys & Manganese Division (FAMD) has set up a 400 KLD (kilolitres per day) Water Treatment Plant at Bichakundi under Joda Block of Keonjhar district in Odisha. The facility was inaugurated on July 19, 2021 by ...

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Odisha Governor urges NABARD to increase efforts towards new age skill development initiatives

TBB BUREAU BHUBANESWAR, JULY 20, 2021 Odisha Governor Prof. Ganeshi Lal on Tuesday urged the National Bank for Agriculture and Rural Development (NABARD) to increase its efforts, especially towards new age skill development initiatives providing employment to the rural youth. The Governor, who graced the 40th Foundation Day celebration function of NABARD as chief guest, appreciated NABARD for its consistent ...

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Odisha FC appoints Francisco Ramírez González as Head Coach, Joaquín García Sánchez as Assistant Coach

TBB BUREAU BHUBANESWAR, JULY 20, 2021 Odisha FC on Tuesday announced the signing of its new Head Coach Francisco “Kiko” Ramírez González ahead of the upcoming eighth season of the Hero Indian Super League (Hero ISL). The 51-year-old Spaniard has signed for the Bhubaneswar-based franchise for one year with an option to extend after the season. After his retirement from ...

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nurture.farm expands global reach as part of OpenAg network

TBB BUREAU MUMBAI, JULY 19, 2021 nurture.farm, a digital platform for growers, farming communities and food systems, is scaling and expanding its global reach as a part of the OpenAg network. The OpenAg network was conceived by UPL Ltd, a world leader in sustainable agriculture. The nurture.farm platform fosters resilient farmers, making agriculture simple, profitable and sustainable for generations to ...

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Tata Steel Mining, Jindal Stainless ink pact for joint mining operations in Sukinda

TBB BUREAU BHUBANESWAR, JULY 19, 2021 Tata Steel Mining (TSML) and Jindal Stainless (JSL) have signed a memorandum of understanding (MoU) to jointly unearth the Chrome Ore locked up in the boundary between their mines located in Sukinda of Jajpur district in Odisha. This would help conservation of chromite ore which otherwise would have been left unmined forever. The MoU ...

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Vedanta Aluminium invites waste-to-wealth partnerships with cement industry

TBB BUREAU NEW DELHI, JULY 19, 2021 Vedanta Aluminium Business, India’s largest producer of the aluminium and value-added products, has invited partnerships from cement producers for using its by-products for manufacturing low-carbon cement. The company expressed its interest for long-term collaboration with cement industry players on opportunities of using fly ash (a by-product in thermal power generation) and bauxite residue ...

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L&T Construction bags significant contracts

TBB BUREAU MUMBAI, JULY 19, 2021 L&T Construction, the construction arm of L&T has won a slew of orders in India and abroad for its various businesses. The Power Transmission & Distribution Business has won an order to construct a 220kV Transmission Line associated with system strengthening in the Ladakh region. The design and execution of this system involves traversing ...

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Vedanta dedicates new RUB to Jharsuguda residents

TBB BUREAU JHARSUGUDA, JULY 16 Vedanta Aluminium, India’s largest producer of aluminium and value-added products, has dedicated an approach road under the bridge (RUB) to residents of the Jharsuguda district. The RUB was inaugurated by State Health & Family Welfare Minister Naba Kishore Das in presence of Vedanta Ltd. Jharsuguda CEO CN Singh, Bargarh MP Suresh Pujari, Jharsuguda Collector Saroj ...

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Tata Steel wins the Dun & Bradstreet Corporate Award 2021

TBB BUREAU MUMBAI, JULY 16, 2021 Tata Steel has been honoured with Dun & Bradstreet corporate award 2021 for ‘Best Sectoral Performance in Iron &Steel category. In a virtual event organised today, Dun & Bradstreet announced the 2021 edition of ‘India’s Top 500 Companies’. The theme for this year’s awards was ‘Laying the Foundations for an ESG-Ready Corporate India’ which ...

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TCS wins two ‘Microsoft Partner of the Year’ Awards

TBB BUREAU NEW YORK/MUMBAI, JULY 16      Leading global IT services, consulting and business solutions organization Tata Consultancy Services (TCS) has won two 2021 Microsoft Partner of the Year Awards – Azure Intelligent Cloud in France and Dynamics 365 Field Service in the US – for demonstrating excellence in innovation and providing outstanding solutions and services based on Microsoft technology. ...

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Jio brings live ‘Aarti’ of Amarnath Ji on JioTV

TBB BUREAU BHUBANESWAR, JULY 16, 2021 Reliance Jio has started streaming live ‘aarti’ of Shri Amarnathji Shrine on JioTV to help devotees who are unable to have physical ‘darshan’ of the holy shrine. Jio has introduced an immersive virtual experience of the shrine with live streaming of the aarti on JioTV and a host of other services through its various ...

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Tata Steel’s Jharia Division commissions state-of-the-art 2MTPA Coal Preparation Plant at Jamadoba

TBB BUREAUJAMADOBA, JULY 15, 2021In line with its mechanisation and modernization programme, Tata Steel’s Jharia Division has commissioned the state-of-the-art 2 Million Tonnes Per Annum (MTPA) Coal Preparation Plant and 400 kilovolt-ampere (kVA) Uninterrupted Power Supply (UPS) for Main Mechanical Ventilator at Jamadoba Colliery.These facilities were inaugurated by D B Sundara Ramam, Vice President (Raw Materials), Tata Steel in the ...

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Senco Gold & Diamonds announces exciting monsoon offers

TBB BUREAU BHUBANESWAR, JULY 14 Jewellery retail chain Senco Gold & Diamonds on Wednesday announced an exciting offer to bring joy this monsoon. As part of this offer, christened as ‘Joy Yatra’, customers can avail huge benefits on purchase of gold, diamond, platinum and silver jewellery till July 20. Announcing the offer, Senco Gold & Diamonds CEO Suvankar Sen said, ...

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JSPL facilitates COVID-19 vaccination for senior citizens at Tensa

TBB BUREAU TENSA, JULY 14, 2021 Amidst COVID-19 global pandemic, Jindal Steel and Power Limited (JSPL) has come forward to help the senior citizens by facilitating vaccination for them. A total of 143 elderly persons of the peripheral villages of Tensa in Sundergarh district were immunized in a special drive, organised recently at JSPL’s TRB Iron Ore Mines in association ...

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Uniform Junction partners with Israel’s x10ed

PRIYABRAT BISWAL BHUBANESWAR, JULY 14, 2021 Arvind Mafatlal Group-led school supply chain platform Uniform Junction has partnered with Israel’s learning analytics solution provider x10ed; and plans to invest $1 million in international partnerships to strengthen its positioning in the school-tech solutions space globally. The association will enable Uniform Junction bring x10ed’s best in class data science methodologies empowering schools map ...

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Adani group takes over management control of Mumbai International Airport

TBB BUREAU GANDHINAGAR JULY 13     The Adani Airport Holdings Ltd (AAHL), a subsidiary of Adani Enterprises Limited, took over the management control of the Mumbai International Airport Limited (MIAL) – India’s second busiest airport both in terms of passenger and cargo traffic – from the GVK Group on Tuesday following approvals from the Government of India, the City and ...

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JSPL set to become the largest investor in Odisha’s Steel sector

TBB BUREAU BHUBANESWAR, JULY 13, 2021 With approval by the Odisha Government for the capacity expansion of its Angul steel making unit, private steel behemoth Jindal Steel & Power Ltd (JSPL) is set to become the largest investor in Odisha’s steel sector.  “In the next 10 years, JSPL will invest more than 1 lakh crore rupees and create huge employment ...

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Vedanta Aluminium Business recycles 16.5 bn litres of water in FY21

Vedanta Aluminium Business recycles 16.5 bn litres of water in FY21 TBB BUREAU      NEW DELHI, JULY 13, 2021 Vedanta Aluminium Business, India’s largest producer of the aluminium and value-added products, has recycled 16.5 billion litres of water in FY 20-21, leveraging technology for focused control and monitoring of water consumption. The water saving projects across its Alumina Refinery, Aluminium Smelters ...

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Jio adds 2.69 lakh new subscribers in Odisha in April: TRAI Data

TBB BUREAU BHUBANESWAR, JULY 13, 2021 Continuing its excellent march as the most preferred digital service provider in Odisha, Reliance Jio has added highest 2.69 lakh new mobile subscribers in the state in the month of April this year, as per the latest telecom subscriber data released by TRAI. Besides, Jio’s fast expanding high speed broadband service JioFiber also crossed ...

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Bajaj Allianz Life implements Aadhaar-based e-KYC to ease policy purchase

TBB BUREAU BHUBANESWAR, JULY 12, 2021 Bajaj Allianz Life, one of India’s leading private life insurers, has introduced a  paperless, digital process of Know Your Customer (KYC) to enable instant customer verification at the time of issuing a life insurance policy. With this e-KYC process, customers can now digitally authenticate their identity while buying an insurance policy from anywhere, anytime, ...

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World-famous Rath Yatra held in Puri sans devotees

TBB BUREAU PURI, JULY 12, 2021      The world famous annual car festival (Rath Yatra) of Lord Jagannath got underway without devotees for the second year in a row in the pilgrim city of Puri on Monday.      The colourful chariots of the Trinity – Lord Balabhadra, Lord Jagannath and Devi Subhadra were pulled from Lion’s Gate to Gundicha Temple ...

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George D’Souza joins FC Bengaluru United on loan

TBB BUREAU BHUBANESWAR, JULY 12, 2021 Odisha FC and FC Bengaluru United have agreed to a loan deal which will see George D’Souza representing Bengaluru United in the upcoming I-League qualifiers. George D’Souza started his professional career in 2016 with Goan club Sporting Clube de Goa. Being a native of Goa, this helped thrust George into the limelight as he ...

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40 pc recovered patients suffer from post-Covid symptoms: AIG Survey

TBB BUREAU HYDERABAD, JULY 12, 2021 Over 40 per cent of people who recovered from Covid-19 are still having post-Covid symptoms and many are reporting newer symptoms like insomnia and neuropsychiatric issues, revealed a pan-India survey by AIG Hospital. As India crosses 3 crore Covid recoveries, the incidence of post-Covid symptoms is noticeably increasing across the country. Over 40 per ...

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APEDA inks MoU with NAFED for strengthening export linkage of Farmer Cooperatives, FPOs

TBB BUREAU NEW DELHI, JULY 12 The Agricultural and Processed Food Products Export Development Authority (APEDA) on Monday signed a Memorandum of Understanding (MoU) with the National Agricultural Cooperative Marketing Federation of India Ltd (NAFED) for harnessing exports potential of agricultural and processed food products of cooperatives as well Farmer Producer Organizations (FPOs). The MoU was signed by M. Angamuthu, ...

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Hindalco starts “Healthcare on Wheels” at Hirakud

TBB BUREAU BHUBANESWAR, JULY 12, 2021 Hindalco Industries Ltd, the metal flagship of Aditya Birla Group, has started the “Healthcare on Wheels” service in association with the Sambalpur District Administration in the adjacent villages of Hirakud in Sambalpur district with the objective of providing healthcare services at the doorstep of people. The MHU (Mobile Health Unit) of the company is ...

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Modicare launches immunity boosting Chyawanprash

TBB BUREAU BHUBANESWAR, JULY 12, 2021 Modicare Limited, one of India’s leading direct selling companies, strengthens its presence in the health & wellness space with the launch of the immunity boosting Chyawanprash under its popular ‘Well’ brand. The launch comes close on the heels of the company’s silver jubilee, fortifying its illustrious journey and the promise of providing relevant products ...

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Allen Solly introduces ‘Duo Defence’ mask

TBB BUREAU BHUBANESWAR, JULY 12, 2021 Allen Solly, a Madura Fashion and Lifestyle initiative, has launched a brand-new range of Anti-Viral face masks with Meltblown layers and detachable 5 layered filters, providing high particle filtration; a solution to today’s double masking needs.   Manufactured in India with Swiss technology VIROBLOCKTM, Allen Solly’s washable Duo Defence Mask can be reused up to ...

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Providing better prices and timely, affordable credit to farmers are crucial to sustain agriculture: VP

TBB BUREAU NEW DELHI, JULY 11, 2021 Vice President M Venkaiah Naidu on Sunday said that providing better prices for agri produce and timely, affordable credit to farmers are crucial to sustain agriculture in the country. Citing a UN Food and Agriculture Organization (FAO) report about an impending global food crisis, he said that if we provide timely assistance to ...

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India expands mango export footprint to newer countries

TBB BUREAU NEW DELHI, JULY 10, 2021 Notwithstanding logistical challenges posed by COVID-19 pandemic, India has expanded its footprint of mango exports to the newer countries this season. In a major initiative which would boost mango export potential from the eastern region especially to Middle East countries, a consignment of Geographical Identification (GI) certified Fazil mango variety sourced from Malda ...

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Ciphands launches germ protection Hand Wash, Soap and Mist Hand Sanitizer

TBB BUREAU BHUBANESWAR, JULY 10, 2021 Ciphands, the hand and surface hygiene brand of Cipla Health Ltd., has launched a spectrum of products like Ciphands Total Germ Protection Hand Wash, Ciphands Plus Mist Spray Hand Sanitizer and Ciphands Smart Germ Protection Soap to cater to the widespread demand for hand hygiene. These products join the Ciphands’ extensive portfolio serving this ...

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SBI General Insurance launches ‘Arogya Supreme’

TBB BUREAU MUMBAI, JULY 09, 2021 SBI General Insurance on Friday announced the launch of a comprehensive health insurance plan ‘Arogya Supreme’, which is designed to ensure that customers can have full health insurance coverage, including 20 basic covers and 8 optional covers. The policy provides a wide range of sum insured options up to Rs. 5 crore, wherein customers ...

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Ujala Cygnus Group of Hospitals adds 200 adult & 100 paediatric ICU beds to fight against COVID-19 third wave

TBB BUREAU NEW DELHI, JULY 9, 2021 As scientists, researchers and doctors fear that the third wave of ongoing COVID-19 pandemic is likely to be more critical for children, leading tertiary care healthcare group Ujala Cygnus Group of Hospitals has strengthened their fight against the pandemic by adding 200 adult ICU beds and 100 paediatric ICU beds in their free-of-cost ...

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Apollo Hospitals Foundation to provide free digital consults for children in need

TBB BUREAU MUMBAI, JULY 09, 2021 The Apollo Hospitals Foundation founded by Dr Prathap C Reddy and family contributes to society in ways few ever experience. One of the foundations main initiatives is to provide medical support to under-privileged children. Perfectly aligned with the vision, Joint MD Apollo Hospitals, Dr Sangita Reddy conceptualized an initiative with the objective of “ensuring ...

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Puri Railway Station to be developed into world class transit hub

TBB BUREAU BHUBANESWAR, JULY 8, 2021 The railway station at pilgrim city Puri will be redeveloped as a world class transit hub, official sources said. The Rail Land Development Authority (RLDA), a statutory authority under the Ministry of Railways, has invited bids for the redevelopment of the station with the objective to provide best-in-class amenities to passengers and enhance the ...

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Centre releases Rs 9,871 cr Revenue Deficit Grant to 17 States

TBB BUREAU NEW DELHI, JULY 8, 2021 The Department of Expenditure, Ministry of Finance, has released the 4th monthly installment of Post Devolution Revenue Deficit (PDRD) Grant of Rs. 9,871 crore to the States on Wednesday. With the release of this installment, a total amount of Rs. 39,484 crore has been released to eligible States as Post Devolution Revenue Deficit ...

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Disposal time for uncontested mutation case reduced to seven days

TBB BUREAU BHUBANESWAR, JULY 7, 2021 In another big step towards realization of 5-T principles in revenue service delivery, the State Government has substantially reduced the timeline for issue of various miscellaneous certificates and landed property mutation. The decision was taken at a high level meeting on delivery of Public Services held in virtual mode under the Chairmanship of Chief ...

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TPCODL collaborates with IndusInd Bank to bring digital payment to doorstep of rural Odisha

    In a quest to enhance the digital payment from rural area, TP Central Odisha Distribution Limited (TPCODL), a joint venture between TATA Power and the Government of Odisha, has collaborated with BFIL, IndusInd bank for accepting bill payment through Bharat Money Stores. Through this initiative, IndusInd Bank will impact the lives of its over 20 lakh rural customers by ...

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Indian winger Isaac Vanmalsawma joins Odisha FC

TBB BUREAU BHUBANESWAR, JULY 7, 2021 Odisha FC has reached an agreement with 24-year-old Isaac Vanmalsawma ahead of the eighth season of the Hero Indian Super League (Hero ISL). The Indian winger has signed a two-year deal with the Bhubaneswar-based club with an option to extend for a third. After representing India Under-19 in 2013 and graduating from the AIFF ...

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SOS Children’s Villages signs MoU with Sundargarh District Child Protection Unit for Kinship Care Programme

TBB BUREAU BHUBANESWAR, JULY 7, 2021 Country’s largest childcare NGO SOS Children’s Villages of India (SOSCVI) has signed a Memorandum of Understanding (MoU) with District Child Protection Unit, Sundargarh for designing and implementing Kinship Care Programme for 50 children, who have lost parental care due to COVID-19, in and around the district. As a technical partner, SOSCVI will help the ...

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Matrimony.com to buy ShaadiSaga for Rs 11 cr

TBB BUREAU NEW DELHI, JULY 7, 2021 India’s leading online matrimony company Matrimony.com on Wednesday said that it would acquire Delhi-based Boatman Tech Pvt. Ltd., which operates online wedding services company ShaadiSaga.com, for about Rs 11 crore. The deal will enable Matrimony.com to scale up its presence significantly in the North and West regions, strengthen its product capabilities and become ...

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Tanishq launches ‘Rajadhiraj’ collection for Rathayatra

TBB BUREAU BHUBANESWAR, JULY 7, 2021 Jewellery major Tanishq has launched a special jewellery collection ‘Rajadhiraj’ for the auspicious occasion of Rathyatra to celebrate the divine glory of Lord Jagannath. The collection was launched at a city hotel here today in the presence of Amit Dharap, Regional Business Head, East-Titan Company Limited and Anirban Banerjee, Regional Business Manager, East-Tanishq. Tanishq ...

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HDFC Flexi Cap Fund completes 26 years in market

TBB BUREAU BHUBANESWAR, JULY 6, 2021 Successfully navigating market meltdowns and market excesses, HDFC Flexi Cap Fund has accomplished 26 years of journey in the market. The fund, earlier known as HDFC Equity Fund, is one of the flagship funds of HDFC Asset Management Co. Ltd. The fund has delivered 18.44 percent Compound Annual Growth Rate (CAGR) in over 26 ...

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Axis Bank’s ‘Power Salute’ offers defence service salary package for Indian Army

TBB BUREAU MUMBAI, JULY 6, 2021 The country’s third-largest private lender Axis Bank on Tuesday signed a memorandum of understanding (MoU) with the Indian Army offering a defence service salary package under its “Power Salute” initiative. The Defence service salary package will offer different benefits to all ranks of army officers, Axis Bank said in a media statement. According to ...

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