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TBB BUREAU BHUBANESWAR, JUNE 28, 2021 Skechers, the global lifestyle and performance footwear brand headquartered in the United States, is expanding its #OriginalsKeepMoving campaign with its new collection featuring actress Ananya Panday. The campaign will include the launch of Skechers Energy Racer in India and the popular Skechers D’Lites for women as well as men. “Together with Ananya, we’re excited ...

TBB BUREAU ANGUL, JUNE 22, 2021 Continuing its fight against COVID-19, Jindal Steel & Power Ltd (JSPL) has launched the vaccination drive at its Angul steel making facilities. The vaccination drive would cover the company’s employees and the entire workforce along with their families. Pursuing the vision of its founder OP Jindal to serve the society in a holistic way ...

TBB BUREAU BHUBANESWAR, JUNE 22, 2021 India’s import of bauxite, a raw material used for manufacturing aluminium, has caused a foreign exchange (forex) loss to the tune of Rs 390 crore during the April-June quarter of 2021, according to the data released by the Indian Industrial Value Chain Collective, today. The Indian Industrial Value Chain Collective (IIVCC) represents organizations involved ...

TBB BUREAU NEW DELHI, JUNE 22, 2021 The Ministry of Coal on Tuesday announced revision in the timeline of the second tranche of auctions for commercial mining. In a statement, the Ministry stated that in continuation to the Notice Inviting Tender dated March 25, 2021, the last date for registration of bidder and sale of tender documents on MSTC website, ...

TBB BUREAU BHUBANESWAR, JUNE 22, 2021 An Automated Ticket verification and Management Access (ATMA) system has been set up at the Bhubaneswar railway station for the safety of passengers and railway authorities. The ATMA system is an information technology (IT) system that helps in effectively monitoring the temperature of passengers and to check tickets from a safe distance by staff ...

TBB BUREAU KANIHA, JUNE 22, 2021 NTPC Talcher Kaniha Chief General Manager Sudip Nag has been elevated to the post of Executive Director, Talcher Kaniha with effect from June 19, 2021. A graduate in Mechanical Engineering from NIT Durgapur, Nag joined NTPC Ltd as an Executive Trainee in the year 1987. Sudip Nag Starting his career in NTPC Farakka, Nag ...

TBB BUREAU BHUBANESWAR, JUNE 21, 2021 Led by Chairman-cum-Managing Director Sridhar Patra, National Aluminium Company Ltd. (NALCO) employees and their family members joined the Nation in celebrating the International Day of Yoga with full zeal from their homes, on Monday morning. A special virtual Yoga session was organsied at Company’s Corporate office here, under the guidance of Yoga Instructor Bholanath ...

TBB BUREAU NEW DELHI, JUNE 21, 2021 India’s overall exports of cereals have seen a sharp spike in 2020-21 with export of non-basmati rice growing by 136.04% to USD 4794.54 million; wheat by 774.17% to USD 549.16 million; and other cereals (Millets, Maize and other coarse gains) by 238.28% to USD 694.14 million. The sharp spike in exports of mainly ...

TBB BUREAU ANGUL, JUNE 21, 2021 The Angul Unit of Jindal Steel & Power Ltd (JSPL) on Monday observed the 7th International Day of Yoga with a Yoga Programme organised in virtual mode. Hundreds of employees and their family members residing in and around the plant location attended this Yoga session, which was conducted by Yoga Guru Swami Satyabindu Saraswati ...

TBB BUREAU BHUBANESWAR, JUNE 21, 2021 People who have survived Covid-19 but are now battling with hyperglycemia — a condition in which blood sugar level shoots up fast — can find some relief in ayurvedic formulations like BGR-34 which are based on natural bioactive compounds with dipeptidyl-peptidase-4 (DPP-4) inhibitory effects to manage blood glucose levels. According to a global analysis ...

TBB BUREAU RAJGANGPUR, JUNE 21, 2021            As part of its corporate social responsibility, the Rajgangpur Unit of Dalmia Cement (Bharat) Ltd. (DCBL) has renovated the Shani Temple at Khadagali Sahi in Ward 3 of Rajgangpur Municipality.             Keeping in view the religious sentiments of the local people, the CSR wing of DCBL Rajgangpur has spent over Rs 4 lakh ...

TBB BUREAU NEW DELHI, JUNE 21, 2021            The country’s largest automobile maker Maruti Suzuki India (MSI) on Monday said it will hike prices of its cars in the second quarter (Q2) of the current fiscal due to increase in the input costs.             However, it did not reveal the quantum of the proposed price hike.            “Over the ...

TBB BUREAU PARADIP, JUNE 21, 2021 The 7th International Day of Yoga was observed by Paradip Port Trust (PPT) with great enthusiasm on Monday. PPT Deputy Chairman AK Bose inaugurated the event by lighting the ceremonial lamp in presence of TK Hazra Choudhary, Sr. Deputy Secretary, PPT; SK Sethi, Honorary Secretary of the Paradip Centre of Art of Living; and ...

TBB BUREAU GURUGRAM, JUNE 21, 2021 Samsung on Monday launched Galaxy M32 with segment-best 6.4-inch FHD+ Super AMOLED display and smooth 90Hz refresh rate in India that starts from Rs 14,999. Available in two colours – Black and Light Blue – Samsung Galaxy M32 is priced at Rs16,999 for the variant with 6GB RAM and 128 GB of internal storage. ...

TBB BUREAU MUMBAI/NEW DELHI, JUNE 21, 2021 Vedanta Group, India’s leading producer of metals, minerals and oil & gas today announced 23 start-ups as winners of the first edition of their unique ‘Vedanta SPARK’ initiative. The 23 winning start-ups are: Sparkcognition, Machinemax, Throughput, Promethean Energy, Dimension NXG, Infrrd, Zededa, MaximL, Tachyus, Neewee, SenseGiz, Guardhat, Prysmex, MicroSilicon, Detect Technologies, ExactSpace, Imaginate, ...

TBB BUREAU NEW DELHI, JUNE 21, 2021 “Yoga has proved a source strength and poise for people during this difficult time,” said Prime Minister Narendra Modi while speaking about the importance of Yoga during the pandemic, on the occasion of seventh International Day of Yoga on Monday. Prime Minister Narendra Modi addressing the 7th International Yoga Day programme, through video ...

TBB BUREAU BHUBANESWAR, JUNE 19, 2021 Vedanta Aluminium Power and Business, India’s largest producer of aluminium and its value-added products, has dedicated a 200-bed state-of-the-art COVID Hospital to the people of Odisha, to support the state government in providing timely and proper care to the critically ailing patients. Odisha Chief Minister Naveen Patnaik on Saturday inaugurated Vedanta’s largest Covid hospital ...

TBB BUREAU NEW DELHI, JUNE 19, 2021 India’s Gross domestic product (GDP) is likely to grow by 8.7 per cent, down from 11.1 per cent expected earlier, according to a report published by Motilal Oswal Financial Services (MOFSL). “Due to the ferocious second Covid wave, we have revised down our real GDP growth forecasts. Compared with our Mar’21 forecast of ...

TBB BUREAU NEW DELHI, JUNE 19, 2021 Prime Minister Narendra Modi on Saturday congratulated Lok Sabha Speaker Om Birla for completing two years in office. In a series of tweets, the Prime Minister said: “Over the last two years, Shri @ombirlakota Ji has ushered in a series of steps that have enriched our Parliamentary democracy and enhanced productivity, leading to ...

TBB BUREAU NEW DELHI, JUNE 19, 2021 NTPC, a Maharatna CPSU under Ministry of Power, has been recognised as a ‘Great Place to Work’ for the 15th year in a row by the Great Place to Work Institute. NTPC is the only PSU to consistently feature in India’s Top 50 Best Workplaces. This year, NTPC ranked 38th up from 47th ...

TBB BUREAU NEW DELHI, JUNE 18, 2021 Mukesh Amabni-owned Reliance Jio gained over 79 lakh mobile users in March, surpassing the combined net adds by rival telecom operators Bharti Airtel and Vodafone Idea during the month, according to data released by the Telecom Regulatory Authority of India (TRAI) on Friday. While Bharti Airtel added 40.5 lakh mobile users, Vodafone Idea ...

TBB BUREAU NEW DELHI, JUNE 17, 2021 The Union Bank of India on Thursday entered into an agreement with the National Small Industries Corporation Ltd (NSIC) to support MSMEs with credit requirements. The memorandum of understanding was signed by P K Das, FGM-Delhi on behalf of the Union Bank of India, and P R Kumar, CGM, NSIC, here today. Under ...

TBB BUREAU BHUBANESWAR, JUNE 17, 2021 State-run Odisha Mining Corporation (OMC) has contributed Rs 500 crore to the Chief Minister’s Relief Fund (CMRF) on Thursday for supporting the State government’s efforts to control the present COVID-19 situation. OMC Chairman Surendra Kumar handed over a cheque worth Rs 500 crore to State Chief Secretary Suresh Chandra Mahapatra at Lok Seva Bhawan ...

TBB BUREAU NEW DELHI, JUNE 17, 2021            The Union government has reduced the tariff value for import of edible oil, by up to USD 112 per tonne. changes in tariff value of edible oil are effective from Thursday (June 17).            This move is likely to bring down the domestic prices of edible oil, experts opine.            The ...

TBB BUREAU NEW DELHI, JUNE 17, 2021 Luxury carmaker Mercedes-Benz on Thursday launched the seventh generation of its flagship limousine, the S-Class, in India at a starting price of Rs 2.17 crore (ex-showroom). The new vehicle is launched in two variants – Diesel S 400d 4MATIC and Petrol S 450 4MATIC. Mercedes-Benz India Managing Director and CEO Martin Schwenk with ...

TBB BUREAU BHUBANESWAR/TIKIRI, JUNE 17      Utkal Alumina International Limited (UAIL), a unit of Hindalco Industries Limited, and Entrepreneurship Development Initiative of India (EDII) signed a memorandum of understanding (MoU) on Wednesday, to set up a Rural Business Incubation Centre ‘UDYAMEEE’ in Kashipur Block under Rayagada District.   The MoU was signed by Utkal Alumina Unit Head Mazhar Beig, and ...

TBB BUREAU NEW DELHI, JUNE 17, 2021 Researchers have found that yoga leads to pain relief, increases tolerance of pain and improves flexibility in patients of chronic low back pain. Dr. Renu Bhatia, Additional Professor, Department of Physiology, AIIMS, New Delhi conducted research to measure the impact of yoga on Chronic Low Back Pain (CLBP) along with Dr. Raj Kumar ...

TBB BUREAU BHUBANESWAR, JUNE 17, 2021 Wild Stone, from the house of McNROE Consumer Products Pvt Ltd, has expanded its body perfume spray range with the launch of five premium, intense world-class fragrances suited for every occasion – be it sultry summer heat, or casual outings, office setting, or perfect impactful party wear. With the introduction of the no gas ...

TBB BUREAU NEW DELHI, JUNE 17, 2021 Notwithstanding the Covid-19 pandemic, Khadi and Village Industries Commission (KVIC) has recorded its highest-ever turnover in the financial year 2020-21 (FY21). In FY21, KVIC registered a gross annual turnover of Rs. 95,741.74 crore as compared to Rs. 88,887 crore recorded in the previous fiscal, registering an increase of 7.71 percent. KVIC’s record performance ...

NEW YORK, JUNE 17           Microsoft has named Chief Executive Officer Satya Nadella as the company’s Chairman.            “In this role, Nadella will lead the work to set the agenda for the board, leveraging his deep understanding of the business to elevate the right strategic opportunities and identify key risks and mitigation approaches for the board’s review,” the company said ...

TBB BUREAU NEW DELHI, JUNE 17, 2021 An environment friendly hand sanitizer that is gentle on the hands and lasts longer, will soon be available in the market. The alcohol-free, aqueous, non-inflammable and non-toxic hand sanitiser has been developed from silver nanoparticles by a Pune-based start-up. The hand sanitizer developed by WeInnovate Biosolutions prolongs antimicrobial activity, thus obviating the need ...

TBB BUREAU NEW DELHI, JUNE 16, 2021 The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on Wednesday approved the proposal of the Department of Fertilizers for fixation of Nutrient Based Subsidy Rates for Phosphatic & Potassic (P&K) fertilizers for the year 2021-22 (till the present season). The subsidy rate for Nitrogen has been fixed at Rs ...

TBB BUREAU BHUBANESWAR, JUNE 16, 2021 As the Covid-induced lockdown made it difficult for its employees to visit consumers’ premises to take meter reading, Tata Power Central Odisha Distribution Ltd (TPCODL) on Wednesday announced the launch of its Self-Meter Reading App – ‘TPCODL MITRA’, which enables customers to scan their meter reading and generate the bill instantaneously through simple steps. ...

TBB BUREAU LANJIGARH, JUNE 16, 2021 The Lanjigarh Unit of Vedanta Limited has launched ‘Sashakti Suvidha Kendra’ to help local women sustain their livelihood through various challenges posed by the Covid-19 pandemic. The Sashakti Suvidha Kendras are aimed at facilitating the marketing and sales of various products like turmeric, ragi, various spices, dry snacks, puffed rice, pulses, rice, paper plates, ...

TBB BUREAU NEW DELHI, JUNE 16, 2021 The Asian Development Bank (ADB) and the Government of India on Wednesday signed a $484 million loan to improve transport connectivity and facilitate industrial development in the Chennai-Kanyakumari Industrial Corridor (CKIC) in Tamil Nadu. CKIC is part of India’s East Coast Economic Corridor (ECEC), which stretches from West Bengal to Tamil Nadu and ...

TBB BUREAU NEW DELHI, JUNE 16, 2021 Defence Minister Rajnath Singh on Wednesday called for an open and inclusive order in Indo-Pacific based upon respect for sovereignty and territorial integrity of nations while addressing the 8th ASEAN Defence Ministers Meeting (ADMM) Plus. Singh also stressed on “peaceful resolutions of disputes through dialogue and adherence to international rules and laws.” “India ...

TBB BUREAU MUMBAI, JUNE 16, 2021 In the context of the public discourse regarding detection of new variants, Member (Health), NITI Aayog, Dr. VK Paul has reminded the public that the newly detected Delta Plus Variant is not yet classified as a Variant of Concern. “The present status is that yes, a new variant has been found. This is as ...

TBB BUREAU NEW DELHI, JUNE 16, 2021 India’s banana export continued its growth this year in terms of volume as well as value. A total of 1.91 lakh tonnes of banana worth Rs 619 crore has been exported during FY2020-21 (April to February), the Ministry of Commerce and Industry said on Wednesday. India’s banana exports grew from 1.34 lakh metric ...

TBB BUREAU BHUBANESWAR, JUNE 15, 2021 Jaypore, from the house of Aditya Birla Fashion and Retail Limited (ABFRL), has forayed into the menswear category. The brand, after leading the market for handcrafted and artisanal women’s wear and jewellery, has now entered the USD 28bn worth menswear market with its first-ever range of exquisite kurtas, indie-wear, elegant shirts and trousers made ...

TBB BUREAU NEW DELHI, JUNE 15, 2021 Dalmia Bharat Sugar & Industries Ltd. on Tuesday said that it plans to augment its ethanol manufacturing capacity to 15 crore litres per annum from January 2022, from eight crore litres currently. The move is in line with the government’s decision to raise ethanol blending in auto fuels to 20 per cent by ...

TBB BUREAU MUMBAI, JUNE 15, 2021 LIC Cards Services Ltd (LIC CSL) has launched a contactless prepaid gift card ‘Shagun’ in collaboration with IDBI Bank on the RuPay platform. The purpose of this card is to expand the gift card market with an intent to promote cashless ways of gifting and present a wide range of end-use choices and in ...

TBB BUREAU NEW DELHI, JUNE 15, 2021    State-owned non-banking finance company Power Finance Corporation (PFC) has recorded the highest-ever net profit of Rs 8,444 crore for financial year 2020-21, a 49 per cent jump over the previous year. In FY20, the PFC had reported a net profit of Rs 5,655 crore on a standalone basis. The company’s consolidated net ...

TBB BUREAU BHUBANESWAR, JUNE 15, 2021 The Institute of Company Secretaries of India (ICSI) celebrated the 33rd ‘PCS Day’ today, to commemorate 15 June, 1988, a historic day when the Company Secretaries in practice were accorded recognition for certifying the annual returns under the erstwhile Companies Act, 1956. June 15, 1988 became the first milestone in the development of the practising ...

TBB BUREAU BHUBANESWAR, JUNE 15, 2021 Edtech company WhiteHat Jr on Tuesday said it has partnered non-governmental organisation CRY – Child Rights and You to inspire children to create real-world mobile applications. As a part of this new partnership, CRY will recognize/certify participating WhiteHat Jr. students who create mobile apps furthering the cause of social impact. In addition, senior leaders ...

TBB BUREAU NEW DELHI, JUNE 14, 2021      “It is mankind’s collective responsibility to reverse the damage to land caused by human activity. It is our sacred duty to leave a healthy planet for our future generations”, said Prime Minister Narendra Modi while delivering the keynote address at the UN “High-Level Dialogue on Desertification, Land Degradation and Drought” via videoconferencing ...

TBB BUREAU KOLKATA, JUNE 14, 2021 State-run Coal India Limited (CIL) on Monday reported a marginal 1.1 per cent decline in its consolidated profit at Rs 4,586.78 crore for the fourth quarter of FY2020-21 on the back of lower sales, as against Rs 4,637.95 crore posted in the year-ago period. The consolidated sales in the January-March period declined to Rs ...

TBB BUREAU NEW DELHI, JUNE 14, 2021 JK Tyre plans to spend Rs 200 crore in the next two years to enhance its production capacity through de-bottlenecking of its plants. The company is focusing on prudent capital allocation and tight management of its working capital to ensure accelerated de-leveraging going forward, JK Tyre said in a statement on Monday. “Going ...

TBB BUREAU NEW DELHI, JUNE 14, 2021             On the back of costlier food items, retail inflation rose to 6.3 per cent in May, government data showed on Monday.        The Consumer Price Index (CPI) based inflation stood at 4.23 per cent in April.        As per the data released by the National Statistical Office (NSO), inflation in the ...

TBB BUREAU NEW DELHI, JUNE 14, 2021 In view of the difficulties reported by taxpayers in electronic filing of Income Tax Forms 15CA/15CB on the portal www.incometax.gov.in, the Union Government has decided that taxpayers can submit the aforesaid Forms in manual format to the authorized dealers till June 30th, 2021. Authorized dealers are advised to accept such Forms till June ...