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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 ...

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 ...

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 ...

TBB BUREAU BHUBANESWAR, JULY 6, 2021 In a major success to Chief Minister’s Vision 2030 of making Odisha, the “Steel Hub of India”, the High-Level Clearance Authority today issued in-principle approval to five major industrial projects to the tune of Rs. 1,46,172 crore in the sector of Metal and Metal downstream. These five industrial projects are further expected to create ...

TBB BUREAU ROURKELA, JULY 6, 2021             Rourkela Steel Plant (RSP), a unit of Maharatna Company SAIL, surpassed a historic milestone of 100 Million Tonne (MT) Hot Metal production on Monday, thus entering the elite club of Steel Industries with such a distinction. The journey that had commenced on 3rd February 1959, with the then President of India, Dr. Rajendra Prasad commissioning the ...

TBB BUREAU MUMBAI, JULY 6,2021 India’s leading premium menswear brand Louis Philippe has launched a brand new range of Anti-Viral face masks to offer protection against viruses and bacteria. Considering the ongoing pandemic, the brand has introduced unique and first-of-its-kind 10-layer anti-viral mask range with an objective to offer maximum protection and safety to consumers.  Christened “Louis Philippe UltraProtect Double ...

TBB BUREAU MUMBAI, JULY 6, 2021 ICICI Bank and Amazon Pay on Tuesday announced that over 2 million ‘Amazon Pay ICICI Bank credit cards have been issued so far since its launch in October 2018, making it the fastest co-branded credit card to have crossed this milestone in the country. The card, powered by Visa, on-boarded one million customers in ...

TBB BUREAU BHUBANESWAR, JULY 6, 2021 ArcelorMittal Nippon Steel India (AM/NS India) has delivered 100 medical grade oxygen cylinders to Paradip Port Trust (PPT) to bring relief to victims of Covid-19. The cylinders were handed over to the Paradip Port Trust Hospital in presence of PPT Deputy Chairman Asish Kumar Bose, Chief Medical Officer Dr. Prahallad Panda and other senior ...

TBB BUREAU MUMBAI, JULY 6, 2021 With India leading the way with 11% of global fatalities despite housing only 1% of the world’s vehicle population, Holcim Group’s Indian companies – Ambuja Cements Ltd & ACC Ltd – launched Health and Safety Improvement Plan with the goal of “Everyone should go back home safely every day”. Health and Safety Improvement Plan ...

TBB BUREAU BHUBANESWAR, JULY 6, 2021 Sharp increase in prices of steel will lift operating margin of primary steel manufacturers by 500 basis points (bps) to 32-33% on-year this fiscal, according to rating agency Crisil. “While this will drive steelmakers to double down on capital expenditure, robust accruals will help them continue deleveraging and strengthening of balance sheets, leading to ...

TBB BUREAU VADDESWARAM (VIJAYAWADA)/HYDERABAD, JULY 6, 2021 KL Deemed to be University, one of the leading universities in the country for graduation and higher education, has announced the results of KL Engineering Entrance Exam 2021(KLEEE-2021) conducted in a remote proctored mode for admission in engineering courses in its Vijayawada and Hyderabad campuses. The results were presented by N. Venkatram, Incharge ...

TBB BUREAU BHUBANESWAR, JULY 5            Augmenting Odisha Government initiative for universal Covid-19 vaccination for eligible population, state-run Odisha Mining Corporation Ltd (OMC) on Monday commenced its vaccination drive for all employees and their dependant family members. OMC Chairman Surendra Kumar inaugurated the vaccination drive in Barbil through videoconference in presence of OMC Managing Director Balwant Singh, Functional Directors, Regional ...

TBB BUREAU LANJIGARH, JULY 5, 2021 The Lanjigarh Unit of Vedanta Limited organized a mock fire drill in its plant premises to test and bolster employees’ emergency preparedness as well as gauge the co-ordination between combat, rescue and auxiliary team members. The drill was virtually attended by Swaroop Jena, Deputy Director, Directorate of Factories & Boilers, Rayagada Division; Chandra Sekhar ...

TBB BUREAU BHUBANESWAR, JULY 5, 2021 In its continuous endeavour to provide a better livelihood for all, Dalmia Bharat Foundation (DBF), the CSR arm of Dalmia Bharat Group, recently inaugurated a mini solar power grid of 5.5 kw at Alekh Mahima Tourist Peeth; and performed the groundbreaking ceremony of a piped drinking water project at Sapanpur village under Garudagaon Gram ...

TBB BUREAU BHUBANESWAR, JULY 5, 2021  Nilon’s, one of India’s leading processed food company, expanded its Chinese range portfolio with Szechaun chutney. Nilon’s range of innovative products and new-age quick food options in the Chinese product range category includes Szechaun Chutney, chowmein masala, soya sauce, red and green chili sauce and others. The company has come up with another interesting ...

TBB BUREAUBHUBANESWAR, JULY 5, 2021It has now been over two decades that the Microfinance industry has been helping women from the low income and under-served groups with access to collateral-free easy credit. A lesser-known fact is how microfinance institutions stand by the borrower as a strong pillar of support in difficult times and help in the holistic development of the ...

TBB BUREAU BHUBANESWAR, JULY 5, 2021  Announcing its team expansion plans, Eaton, a global power management company, on Monday said that it would add about 700 employees in the year 2021. The hiring plan is in line with Eaton’s strategy to offer digital innovation and engineering solutions to its customers in India and also to global customers through its centers of ...

TBB BUREAU BHUBANESWAR, JULY 4, 2021 Domestic steel giant Jindal Steel and Power Ltd (JSPL) has lauded the innovative and progressive policies of the Odisha Government for protecting the interests of the State based industries. “There is an excellent policy on Pre-emption of Iron Ore which was issued by the Government of Odisha, much ahead of time on June 26th, 2014, and ...

TBB BUREAU BHUBANESWAR, JULY 4, 2021 Reinforcing the safety awareness, Tata Power Central Odisha Distribution Ltd (TPCODL) organised massive awareness campaigns on the occasion of the 2nd National Electrical Safety Week, held from 26th June to 2nd July 2021. TPCODL, committed to the safety of its employees and stakeholders, has been regularly taking up various initiatives to improve the safety ...

TBB BUREAU NEW DELHI, JULY 2, 2021 Vedanta Aluminium, India’s largest producer of aluminium and its value-added products, has launched the ‘#GreenHearts’ campaign, encouraging all to plant a sapling in solidarity with the Covid warriors and all who have been affected by the pandemic during the Van Mahotsav week. Van Mahotsav is an annual celebration of plantation of trees observed ...

TBB BUREAU BHUBANESWAR, JULY 2, 2021 The National Bank for Agriculture and Rural Development (NABARD) has sanctioned Rs.388 crore to the Odisha Government under Rural Infrastructure Development Fund (RIDF) for setting up of four Mega Piped Drinking Water Supply Projects in the State. The sanctioned amount would also be used for construction or up-gradation of 20 village roads across 15 ...

TBB BUREAU BHUBANESWAR, JULY 2, 2021 The Aditya Birla Group company Aditya Aluminium has set up a modern eye care centre – Vision Centre – at Rengali to add to the eye care facility in the Sambalpur district. Regrettably, eye care has never been a priority area among the marginalized communities, and hence it’s neglected. To address this issue, Aditya ...

TBB BUREAU NEW DELHI/MUMBAI, JULY 1, 2021 Anil Agarwal-led Vedanta Group on Thursday announced a Rs 5,000 crore social impact programme with focus on nutrition, women and child development, healthcare, animal welfare and grass root level sports, including investments in a Corona-free village project across several states to combat the pandemic. The first of its kind social impact programme will ...

TBB BUREAU JHARSUGUDA, JULY 1, 2021 The Jharsuguda Unit of Vedanta Limited organised COVID vaccination camps at Maa Samaleshwari Nagar and a school for specially-abled children here, vaccinating over 200 people in the process. This month, Vedanta also conducted a mega vaccination camp across its operations, under the Vedanta Cares COVID Vaccination Drive to cover all employees, business partners and ...

TBB BUREAU BHUBANESWAR, JULY 1, 2021 The State Bank of India (SBI), Bhubaneswar Circle celebrated 66th Bank Day across the State on Thursday. On this occasion, all offices/branches of the SBI participated in plantation of trees, felicitation of doctors, and donation of dry foods to the needy. SBI Bhubaneswar Circle also donated dry ration to Sree Sree Maa Anand Ashram, ...

TBB BUREAU BHUBANESWAR, JULY 1, 2021 Partha Mazumder has taken over as the Regional Executive Director of the Coal Mining Division of NTPC on June 30, 2021 He will look after all the coal mining projects located in Jharkhand, Odisha and Chhattisgarh and Coal Mining HQ at Ranchi. In his illustrious career spanning about 36 years, Mazumder has served NTPC, ...

TBB BUREAU MUMBAI, JULY 1, 2021 ICICI Bank on Thursday announced the launch of the country’s most comprehensive banking solutions for medical doctors. Called ‘Salute Doctors’, it provides customized banking as well as value-added services for every doctor, beginning from a medical student to a senior medical consultant to an owner of a hospital or a clinic.  “Today on National ...

TBB BUREAU MUMBAI, JULY 1, 2021 Larsen and Toubro (L&T), Indian multinational engaged in Engineering, Procurement and Construction (EPC) projects, hi-tech manufacturing and services, on Thursday said that its construction arm has secured ‘significant’ orders for various businesses. Without divulging the value of the contracts, L&T said the orders fall under the significant category, which ranges between Rs 1,000 crore ...

TBB BUREAU BHUBANESWAR, JULY 1, 2021 TP Central Odisha Distribution Ltd. (TPCODL), a joint venture between Tata Power and the Government of Odisha, since its takeover, has been constantly focusing on providing reliable, affordable and quality power supply for improving customer experience, backed by innovative technology. TPCODL operational area has approximately 80 percent of its networks passing through rural areas ...

TBB BUREAU Bhubaneswar, June 30, 2021 In line with the decadal theme of Ecosystem Restoration as declared by the United Nations, Tata Steel has celebrated the month of June as ‘Sustainability Month’. At Tata Steel, the philosophy of its operations is deep-rooted in the principles of zero harm, resource efficiency, circular economy, minimising ecological footprint and care for the community ...

TBB BUREAU NEW DELHI, JUNE 30, 2021 The central government has extended for another one year the tenure of Amitabh Kant, the Chief Executive Officer (CEO) of National Institution for Transforming India (NITI Aayog) till June 2022 This is the third extension since Kant took charge of the NITI Aayog in 2016. The Appointments Committee of the Cabinet (ACC), chaired ...

TBB BUREAU BHUBANESWAR, JUNE 30, 2021 In an effort to improve emergency ambulance service in Odisha, the state government has merged 102 ambulance service with 108. This integration now enables the 108 ambulance service to transport pregnant women and kids below one year to nearest authorized Govt hospitals. Informing about this, Sabysachi Biswal, Project Head – 108 Ambulance said, “This ...

TBB BUREAU SAMBALPUR, JUNE 30, 2021 In a new CSR initiative, Mahanadi Coalfields Ltd. (MCL) is extending financial support to the tune of Rs. 3.65 crore to the Balangir district administration under project ‘PRAGATI’ for improving health and education infrastructure of the district. An MoU to this effect was signed by Chanchal Rana, Collector & DM, Balangir and PK Chakraborty, ...

TBB BUREAU BHUBANESWAR, JUNE 30, 2021 AJIO, India’s leading online fashion e-retailer, known for its on-trend, freshest styles and high-on fashion aesthetic is all set to give you unbeatable reasons to shop with their Big Bold Sale from 1st to 5th July 2021. True its name, the AJIO Big Bold Sale is fashion’s biggest and boldest sale to date with ...

TBB BUREAU NEW DELHI, JUNE 30, 2021 The World Bank Board of Executive Directors has approved a $500 million program to support India’s large informal workforce and create greater flexibility for states to cope with the ongoing pandemic, future climate, and disaster shocks.  Creating a Coordinated and Responsive Indian Social Protection System (CCRISP) builds on the $1.15 billion Accelerating India’s ...

TBB BUREAU BHUBANESWAR, JUNE 29, 2021 The latest Randstad Employer Brand Research (REBR) 2021 was announced today where Tata Steel ranked amongst the top 5 most attractive employer brands in India for 2021. The list is announced on the basis of financial health, strong reputation, and attractive salary and benefits parameters. The research captures the views of over 1,90,000 respondents ...

TBB BUREAU BHUBANESWAR, JUNE 29, 2021 Vedanta Aluminium, India’s largest producer of aluminium and its value-added products, has dedicated a second COVID facility to the people of Odisha, developed at Eklavya Model Residential School, in Deogarh. With the new COVID facility at Deogarh, and a similar one at Kalahandi, Vedanta has added 300 critical care beds to bolster Odisha’s medical ...

TBB BUREAU BHUBANESWAR, JUNE 29, 2021 In the last few months, TPCODL has faced a few challenges like Cyclone ‘YAAS’, regular Nor’westers, second wave of Covid-19 pandemic etc., but it’s focus on uninterrupted power supply has been undeterred. In its bid to prevent breakdown/forced outages and reduce inconvenience to its customers, it has been working on condition based maintenance, which ...

TBB BUREAU NEW DELHI, JUNE 29, 2021                   Union Minister of State for Ports, Shipping and Waterways, Mansukh Mandaviya, on Tuesday inaugurated loading operation on the maiden voyage of coastal shipping service from Cochin port to Beypore and Azhikkhal ports.           The service is part of steps by the Ports, Shipping and Waterways Ministry to build greater synergies between major ...

TBB BUREAU NEW DELHI, JUNE 29, 2021           In a bid to reduce carbon footprint in its operational area, Coal India Ltd. (CIL) has put special thrust on energy efficiency measures and is forging ahead with a series of measures to offset carbon emission in mining operation in all its coal producing companies. Apart from taking immediate action for efficient ...

TBB BUREAU MUMBAI, JUNE 29, 2021 India’s third-largest private sector bank Axis Bank has selected Amazon Web Services (AWS) to accelerate its digital transformation programme. “As part of a multi-year agreement, Axis Bank will draw on the breadth and depth of AWS services, including containers, database, and compute, to build a portfolio of new digital financial services to bring advanced ...

TBB BUREAU MUMBAI, JUNE 28, 2021 Auto maker Skoda Auto India on Monday launched the SUV Kushaq with a starting price of Rs 10.49 lakh. The new SUV is powered by the globally acclaimed TSI technology with two engine options — 1.0L and 1.5L TSI — delivering 115 PS and 150 PS, respectively, the company said in a statement. The ...

TBB BUREAU NEW DELHI, JUNE 28, 2021 Vedanta Limited, India’s leading producer of metals and oil & gas, has rolled out an attractive promotional scheme ‘Vedanta Saathi’ for Micro, Small and Medium Enterprises (MSMEs) in the manufacturing industry in celebration of the World MSME Week. Under the company’s Vedanta Saathi programme, MSMEs can avail a discount of Rs 500 per ...

TBB BUREAU SAMBALPUR, JUNE 28, 2021 IIM Sambalpur concluded yet another successful academic year with the 4th (2018-2020) and 5th (2019-2021) annual convocation in the virtual mode. A total of 187 students were felicitated in the convocation with the 5th Batch having highest gender diversity across all IIMs with 46 female students in a batch strength of 95. The convocation ...

TBB BUREAU BHUBANESWAR, JUNE 28, 2021        Aluminium major NALCO on Monday said that its net profit recorded a nine-fold jump to Rs.1299.56 crore for the financial year 2020-21. The state-run firm had clocked a net profit of Rs Rs.138.23 crore in the year-ago period. “National Aluminium Company Limited (NALCO) has posted an impressive net turnover and net profit of ...

TBB BUREAU BHUBANESWAR, JUNE 28, 2021 Holcim Group’s India companies – Ambuja Cements Ltd & ACC Ltd — expects to consolidate its leadership in the Indian cement sector by further investing in Industry 4.0 under its ‘Plants of Tomorrow’ programme. This transformative programme, which aims to make cement manufacturing more efficient through better plant optimization, higher plant availability and a ...

TBB BUREAU NEW DELHI, JUNE 28 In a bid to encourage travel activities and to provide relief to the tourism industry, which is among the worst affected sectors by the Covid-19 pandemic, the Union government on Monday announced that it would offer tourist visa free of charge till March 31, 2022. The financial implication of the move is expected in ...

TBB BUREAU BHUBANESWAR, JUNE 28, 2021 Talcher Fertilizers Ltd. (TFL) has successfully concluded the financial closure of its mega coal gasification based urea project located at Talcher in Angul district of Odisha. TFL is a Joint Venture of GAIL (India) Ltd (GAIL), Rashtriya Chemicals & Fertilizers Ltd (RCF), Coal India Ltd (CIL) and Fertilizers Corporation of India Ltd (FCIL). Informing ...