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TBB BUREAU BHUBANESWAR/MUMBAI, MAY 1, 2021 As India grapples with an unprecedented new wave of the Covid Pandemic, Reliance Industries Limited (RIL) has scaled up its production of medical grade liquid oxygen, thus becoming the country’s largest producer of this life-saving resource from a single location in just over a year’s time. Traditionally, Reliance is not a manufacturer of medical ...

TBB BUREAU NEW DELHI, MAY 1, 2021 As a special dispensation, the Department of Expenditure, Ministry of Finance at the recommendation of Ministry of Home Affairs has released in advance of the normal schedule the first instalment of the central share of the State Disaster Response Fund (SDRF) of Rs 8873.6 crore for the year 2021-22 to all the States, ...

TBB BUREAU MUMBAI, APRIL 30, 2021 Reliance Industries Limited (RIL) on Friday reported a 108 per cent growth in its consolidated net profit for the January-March quarter (Q4) of financial year 2020-21 (FY21) at Rs 13,227 crore as against a net profit of Rs 6,348 crore in Q4FY20. The oil-to-telecom giant reported a revenue from operations of nearly Rs 1.55 ...

TBB BUREAU NEW DELHI/BHUBANESWAR, APRIL 30, 2021 SOS Children’s Villages India has announced that it is ready to provide short or long-term care to vulnerable children across the country whose safety, security, and well-being have been severely affected because of losing parental care due to the Covid-19 pandemic and have no caregivers left to provide parental for them. “In these ...

PRIYABRAT BISWAL BHUBANESWAR, APRIL 30, 2021 Chennai-based pharmaceutical company Apex Laboratories Private Limited on Friday launched its antiviral herbal formulation ‘Clevira’ that got the Central government’s approval as a supporting measure for mild to moderate condition of Covid-19, a senior official of the company said. Apex Laboratories said it has got the approval from the Ministry of Ayush for Clevira ...

TBB BUREAU NEW DELHI, APRIL 30, 2021 Cement maker Dalmia Bharat Ltd on Friday reported a sharp uptick in consolidated profit at Rs 640 crore for the fourth quarter (Q4) ended March 31, 2021, on account of higher revenue from operations and tax credit. Dalmia Bharat had reported a profit of Rs 24 crore in the corresponding period a year ...

TBB BUREAU NEW DELHI, APRIL 29, 2021                     Following widespread criticism of its pricing policy, Bharat Biotech on Thursday announced a cut in price of its COVID-19 vaccine ‘Covaxin’ it plans to sell to the States to Rs 400 per dose from the earlier Rs 600.            To recall Bharat Biotech sold Covaxin to the central government at Rs ...

TBB BUREAU BHUBANESWAR, APRIL 29, 2021 At a time when India is facing an acute shortage of oxygen supply amid a surge in Covid-19 cases, the United Kingdom has sent more vital oxygen equipment to India in support of the country’s fight against COVID-19. Three oxygen generation units have been sent from surplus stocks in Northern Ireland to support India ...

TBB BUREAU NEW DELHI, APRIL 29, 2021 Vedanta on Thursday said its Chairman Anil Agarwal has pledged Rs 150 crore to help India in its fight against deadly COVID-19 second wave. The amount is over and above Rs 201 crore that was spent by Vedanta Group in 2020, it said in a statement. The company will create additional capacity of ...

TBB BUREAU BHUBANESWAR, APRIL 28, 2021 As the second wave of the Covid-19 virus swells, to supplement the government’s efforts, ArcelorMittal Nippon Steel India (AM/NS India) – a joint venture between ArcelorMittal and Nippon Steel – in alliance with the Government of Gujarat and District Administration, Surat, has set up a 250-bed COVID care hospital at Hazira, which will receive ...

TBB BUREAU BHUBANESWAR, APRIL 28, 2021 KIIT Deemed to be University has become the first Indian university to achieve the “Five Stars Rating” from the prestigious QS Star Ratings System. The rating results were published on April 27, 2021. The QS Intelligence Unit, a division of QS Quacquarelli Symonds Ltd, rated KIIT as a Five Stars institution, the maximum achievable, ...

Next-gen sanitization technology ‘Shield 30’ launched in India TBB BUREAU BHUBANESWAR, APRIL 28, 2021 Even as the daily caseload of India’s coronavirus infections, during the second wave, exceeds more than two lakhs, Shield30, a disruptive sanitization technology, is launched in India. This revolutionary, water-based antimicrobial surface treatment technology from New Zealand provides 99.99% protection from surface-borne infection of Coronaviruses and ...

TBB BUREAU JHARSUGUDA, APRIL 27, 2021 India’s largest producer of aluminium and value-added products, Vedanta Ltd, supports four schools of the Jharsuguda district through the Odisha Government’s “Mo School Abhiyaan”. The company has contributed Rs. 80 lakh to the revamping of government high schools including PS High School, Kolabira; CDB Nodal High School, Parmanpur; BD High School, Baghmara; and GP ...

TBB BUREAU AHMEDABAD, APRIL 26, 2021 Diversified business conglomerate Adani Group has joined India Inc’s efforts to secure and augment medical oxygen supplies amid a growing shortage of the life-saving gas in the wake of spiralling Covid cases in the country. The Gautam Adani-led group has arranged four ISO cryogenic tanks with 80 tonnes of liquid oxygen from Saudi Arabia; ...

TBB BUREAU BHUBANESWAR, APRIL 22, 2021          Hindalco’s Aditya Aluminium is helping people of Lapanga Village in Sambalpur district to become self-reliant through its Project “Swabalmb”. The objective of this project is to hone the skills of the rural youngsters by imparting training in vocational skills, and make them employable. Since its commencement in October 2020 through the PPP mode, ...

TBB BUREAU BHUBANESWAR, APRIL 15, 2021 Aditya Aluminium, a unit of Aditya Birla Group’s metal flagship company Hindalco Industries, launched the ‘Jala Bahini’ scheme on Wednesday, to provide clean drinking water at the doorstep of 3,000 households across 52 villages under 6 gram panchayats of Rengali Block, during peak summer season. This initiative would provide 5,000 litres of safe drinking ...

TBB BUREAU MUMBAI, APRIL 13, 2021 Capri Global Capital Ltd (CGCL), an NBFC focused on MSME and housing finance, has come up with affordable housing loans – Prime, with the interest rate starting from 7.99 percent onwards both for urban and rural customers. The non-banking finance company, in a statement, said all salaried employees employed with government, public and private ...

TBB BUREAU BHUBANESWAR, APRIL 13, 2021 AirAsia (India) Limited has signed a long-term agreement with NAVBLUE to use N-Flight Planning, Airport Obstacle Database (AODB), and Flysmart+ services. AirAsia India, a NAVBLUE customer since start of its operations in 2014, has also signed up for Navigation+. The NAVBLUE solutions portfolio provides an efficient path for AirAsia India to grow and expand ...

TBB BUREAU NEW DELHI, APRIL 13, 2021  In a bid to strengthen its rural presence and move closer to the customers in the remote areas, Renault India today announced its partnership with CSC Grameen eStore, a subsidiary of CSC eGovernance Services India Limited (CSC-SPV). As a part of the partnership, Renault India’s leading product range will be listed on the ...

TBB BUREAU NEW DELHI, APRIL 12, 2021  Celebrating its illustrious legacy of 127 years of service to the nation, Punjab National Bank on Monday launched a unique pilot project PNB@Ease outlet. The model offers “Banking-on-the-Go” service where every transaction undertaken by a bank branch will be initiated and authorized by the customers themselves. The service can range from savings accounts ...

TBB BUREAU MUMBAI, APRIL 12 Tata Consultancy Services (TCS) on Monday reported a 14.9 per cent growth in its consolidated net profit for the January-March quarter (Q4) of Financial Year 2020-21 on a year-on-year (YoY) basis at Rs 9,246 crore. The company had reported a consolidated net profit of Rs 8,049 crore during the corresponding period in FY20. The revenue ...

TBB BUREAU CUTTACK, APRIL 12, 2021 In response to Chief Minister Naveen Patnaik’s call for a 14-day ‘Mask Abhiyan’ to keep Covid-19 at bay, Odisha Stevedores Limited (OSL) has decided to distribute one lakh masks free of cost among people. In a special programme organised in front of OSL Corporate Office here on Monday, OSL Chairman Mahima Mishra launched the ...

TBB BUREAU NEW DELHI, APRIL 12  Vedanta, India’s largest producer of aluminium and its value-added products, has signed a memorandum of understanding (MoU) for value-creation from bauxite residue (red mud), which is a by-product generated during processing of bauxite into alumina using the Bayer process. Bauxite is the primary ore for aluminium, that undergoes an intermediate refining stage to produce ...

TBB BUREAU BHUBANESWAR, APRIL 12, 2021 Amway India, one of the country’s leading FMCG direct selling companies, on Monday announced the launch of Chyawanprash by Nutrilite, under its flagship brand Nutrilite. Chyawanprash by Nutrilite is a concentrated blend of nutrient-rich 32 herbs authenticated by DNA fingerprinting made with 16 certified organic ingredients, and with no preservatives. Ajay khanna (left) and ...

TBB BUREAU BENGALURU/AHMEDABAD, APRIL 12, 2021 India’s leading homegrown e-commerce marketplace Flipkart on Monday announced a strategic and commercial partnership with the country’s largest multinational infrastructure company, the Adani Group. In this two-pronged partnership, Flipkart will work with Adani Logistics Limited, a wholly owned subsidiary of Adani Ports & Special Economic Zone Limited, to strengthen Flipkart’s supply chain infrastructure and ...

TBB BUREAU BHUBANESWAR, APRIL 12, 2021 Notwithstanding the COVID-19 pandemic impact, the Odisha Regional Office of the National Bank for Agriculture and Rural Development (NABARD) has achieved a spectacular progress during the financial year (FY) 2020-21. Despite challenges due to the COVID pandemic, NABARD disbursed Rs.22,709crore during FY2020-21 under various products to commercial banks, cooperative banks, RRBs, besides state government ...

TBB BUREAU BHUBANESWAR, APRIL 12, 2021 With a commitment to make mental health conversations mainstream, Future Generali India Insurance Company Limited (FGII) has launched a talk show ‘Mind Matters’ on YouTube and Facebook; and through this show the company has created a platform for the top sports personalities to come forward and share their stories of the mental health issues ...

TBB BUREAU GURUGRAM, APRIL 12, 2021 Pramerica Life Insurance Ltd on Monday announced the elevation of Kalpana Sampat as its Managing Director & CEO with effect from April 9, 2021. Prior to this appointment, she was the Chief Operating Officer of the Company. With her elevation, Sampat becomes one of the three female CEOs in the Indian life insurance sector, ...

TBB BUREAU NEW DELHI, APRIL 11, 2021 After the insurance sector, the Union government in going to hike the foreign direct investment (FDI) limit in the pension sector to 74 per cent, and table a bill in this regard in the next session of the Parliament. Currently, the FDI in the pension fund is capped at 49 per cent. Amendment ...

TBB BUREAU ROURKELA, APRIL 10, 2021 In a function organised at CEO’s Office on Friday, two exceptional achievers of Rourkela Steel Plant (RSP) family were felicitated by CEO Dipak Chattaraj, for excelling in their respective arena. The CEO felicitated Swasti Singh, the cycling sensation of the Steel City for her outstanding performance in the recently concluded 72nd National Track Cycling ...

TBB BUREAU ROURKELA, APRIL 10, 2021 “Last year, we were able to tackle the first wave of COVID-19 pandemic quite effectively. While the second wave has started spreading, let’s once again contain it with commitment, composure and constant communication,” urged Rourkela Steel Plant (RSP) CEO Dipak Chattaraj, while chairing an online meeting of senior officers of the Steel Plant on ...

TBB BUREAU BENGALURU, APR 10, 2021 Acer India recently unveiled the Nitro 5 gaming laptop powered by the latest AMD Ryzen 5600H high performance processor that comes in 2 new graphics card options which includes the second Generation Ray Tracing Cores and third Generation Tensor Cores powered NVIDIA RTX 3060 graphics card along with NVIDIA GTX 1650 graphics card for ...

TBB BUREAU BHUBANESWAR, APRIL 09, 2021             Highly experienced doctors at city-based Apollo Hospitals led by Senior Consultant Gastroenterologist and Hepatologist Dr. Susant Kumar Sethi, and Cardiothoracic and Vascular Surgeon Dr. Debasis Nayak and ENT Surgeon Dr. Suryakant Pradhan successfully managed three patients by combining endoscopic and surgical modalities recently. The first patient had a perforation in his food pipe ...

TBB BUREAU BHUBANESWAR, APRIL 9, 2021 With Odisha’s daily Covid-19 cases rising at an alarming rate, East Coast Railway (ECoR) has made it compulsory for incoming travellers to produce a negative RT-PCR report on their arrival, to prevent adverse impact of cross border movement. According to an ECoR release, with effect from April 10, all Odisha-bound passengers boarding the train ...

TBB BUREAU BARBIL, APRIL 9, 2021 “Whether you win or not, but always strive to give your best in every challenge and let the rest go. Because you are worth your best effort,” said JSPL Foundation Chairperson Shallu Jindal, while interacting with Wushu players belonging to the tribal predominant region, here on Thursday. Encouraging the players to stay focused on ...

TBB BUREAU BHUBANESWAR, APRIL 09, 2021 Tata Power Central Odisha Distribution Ltd (TPCODL), a joint venture between Tata Power and the Government of Odisha, recently inaugurated a new Customer Care Centre (CCC) in Nayagarh. With the opening of this new CCC, the number of TPCODL Customer Care Centres in Odisha went up to five. The CCC was inaugurated by Nayagarh ...

TBB BUREAU BHUBANESWAR, APRIL 9, 2021 Manipal Health Enterprises Pvt. Ltd. (Manipal Hospitals), one of India’s largest multi-speciality healthcare providers, on Friday announced that it has entered into a definitive agreement to divest its hospital business at Klang in Malaysia to healthcare provider Ramsay Sime Darby Health Care (RSDH). The transfer of ownership shall take place post completion of closure ...

TBB BUREAU KOLKATA, APRIL 8, 2021 Srei Equipment Finance on Thursday said that it has received expression of interest (EOI) of up to USD 250 million capital infusion from two international private equity (PE) investors. The PE funds are US-based Arena Investors LP, and Singapore’s Makara Capital Partners, the wholly-owned subsidiary of Srei Infrastructure Finance (Srei) said in a statement. ...

TBB BUREAU UDAIPUR, APRIL 8, 2021 Breaking new grounds has always been a legacy for Hindustan Zinc. Be it in the endeavors of safety, digitalization or most recent, their employees. In a constant pursuit of inculcating inclusivity and diversity in an industry like mining, Hindustan Zinc’s Sandhya Rasakatla was appointed as India’s first woman Underground Mine Manager and Yogeshwari Rane ...

TBB BUREAU BHUBANESWAR, APRIL 8, 2021 Since March 2021, the daily cases of Covid-19 have been rising and have hit a 5-month high, with the maximum active cases reported from Maharashtra. One of the primary reasons behind the sudden spike is the complacency among the public about wearing masks and maintaining basic COVID protocols. To help control the increasing numbers ...

TBB BUREAU NEW DELHI, APRIL 8, 2021 Automaker Renault India today launched a vehicle scrapping programme in partnership with the country’s first organised scrap vehicle recycling company CERO. The maker of Kwid and Triber has launched ‘R.E.L.I.V.E’ programme in partnership with CERO Recycling, a joint venture between Mahindra Intertrade Ltd. and MSTC a government of India enterprise. The initiative is ...

TBB BUREAU NEW DELHI, APRIL 8, 2021 Vehicle registrations in India declined by 28.64 per cent on a year-on-year (YoY) basis in March 2021. However, the data released by the Federation of Automobile Dealers Associations (FADA) showed a sequential growth of 10.5 per cent in March. Accordingly, vehicle registration stood at over 16.49 lakh in March 2021, compared to over ...

TBB BUREAU NEW DELHI, APRIL 7 India’s largest producer of the aluminium and its value-added products, Vedanta Aluminium & Power Business is fostering hundreds of Micro, Small and Medium Enterprises (MSMEs) in remote rural areas with its innovative ‘waste to wealth’ programmes. ‘Waste to wealth’ projects form a key pillar of Vedanta’s sustainability agenda which is centred around ‘Zero Harm, ...

TBB BUREAU PARADIP, APRIL 6, 2021 Reiterating its commitment to Atmanirbhar Bharat and Make in Odisha, Jindal Steel & Power Ltd (JSPL) has evinced interest to build a a port based container manufacturing unit at Paradip. JSPL Chairman Naveen Jindal (second from left) with Paradip Port Trust officials, at Paradip on April 6, 2021 JSPL Chairman Naveen Jindal during his ...

TBB BUREAU NEW DELHI, APRIL 5, 2021 Poonam Gupta has been appointed as the Director General of country’s largest economic think-tank National Council of Applied Economic Research (NCAER). Gupta who is currently working as a lead economist with the World Bank, will be the first woman Director General of NCAER, and will assume office on July 1, 2021. Gupta holds ...

TBB BUREAU NEW DELHI, APRIL 5, 2021 With successful completion of trial operations by Unit 2 (660 MW) capacity in Stage 2 (2X660MW) of Tanda Super Thermal Power Station in Uttar Pradesh, the NTPC said that its installed capacity has risen to 65,810 MW. NTPC is striving to achieve highest reliability and efficiency keeping safety and environment issues on top, ...

TBB BUREAU NEW DELHI, APRIL 5, 2021 Riding on robust domestic demand, attractive export markets and a wide range of products, Jindal Steel and Power Ltd (JSPL) has ended the financial year 2020-21 on a strong note with sales touching a new high of 786,000 tonnes in March 2021, a growth of 61 per cent on year-on-year (y-o-y) basis. With ...

TBB BUREAU GURUGRAM, APRIL 5, 2021 Expanding its Galaxy F Series, Samsung on Monday launched Galaxy F12 and Galaxy F02s smartphones in India. Galaxy F12, available in Sea Green, Sky Blue and Celestial Black colours and two memory variants – 4GB/64GB and 4GB/128GB –is priced at Rs 10,999 and Rs 11,999, respectively. It comes with a True 48MP quad camera ...

TBB BUREAU RAJGANGPUR, APR 2 With an aim to make the local youth employable, Dalmia Cement (Bharat) Limited in association with the National Bank for Agriculture & Rural Development (NABARD) on Friday kick-started a skill training program for the youth of Sundargarh district. As many as 60 boys and girls from Rajgangpur and Lanjiberna area have been enrolled in the ...

TBB BUREAU BHUBANESWAR, APRIL 2, 2021 Indian Metals Public Charitable Trust (IMPaCT), the charitable wing of Indian Metals & Ferro Alloys (IMFA) group of industries, has invited nominations for the prestigious Ekalabya Puraskar-2021, the annual sports award for outstanding young sports person of the State which carries a cash prize of Rs. five lakh. Besides the main award, two citation ...