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Mumbai, November 29, 2024 (TBB Bureau): Vijay Chandok, a seasoned banker and financial market veteran with over three decades of experience, has assumed the role of Managing Director and Chief Executive Officer (MD & CEO) of National Securities Depository Limited (NSDL), effective immediately. Chandok, known for his deep expertise in the BFSI sector, joins NSDL after an illustrious career with ...

New Delhi, November 28, 2024 (TBB Bureau): India continues to shine as a key player in the global mining and metal production industry, posting strong growth in the production of iron ore and non-ferrous metals during the first seven months of FY 2024-25 (April-October). This performance comes on the heels of record-breaking production levels achieved in FY 2023-24, according to ...

Puri/Bhubaneswar, November 28, 2024 (TBB Bureau): Jindal Panther Cement, renowned for its innovation and quality, has made a dynamic entry into the cement industry with a spectacular launch event in Puri. This milestone coincides with the operational commencement of the advanced Angul Cement Plant, a facility designed to revolutionize construction in East India by integrating cutting-edge technology and sustainable practices. ...

Jharsuguda, November 28, 2024 (TBB Bureau): Vedanta Aluminium, India’s largest aluminium producer, in collaboration with the Jharsuguda District Health Department, marked World Diabetes Day with a robust health awareness campaign in the region. The initiative, aligned with this year’s theme, “Breaking Barriers, Bridging Gaps,” aimed to educate and empower the local community about diabetes prevention, early detection, and management. The ...

Mumbai, November 28, 2024 (TBB Bureau): LTIMindtree Foundation, the CSR arm of LTIMindtree, has signed a Memorandum of Understanding (MoU) with Centurion University of Technology & Management (CUTM) to launch the ‘Shelter to Habitation’ project. This transformative initiative aims to construct over 80 all-weather homes and community infrastructure in cyclone-prone tribal villages of Odisha’s Gajapati district, benefiting approximately 3,000 residents ...

New Delhi, November 28, 2024 (TBB Bureau): Motorola is taking a giant leap forward in enhancing the smartphone experience with the introduction of its first-ever open beta program, designed for the Razr 50 series and Edge 50 Ultra. Users can now explore a new world of advanced Moto AI features aimed at simplifying daily interactions, boosting productivity, and personalizing smartphone ...

You are in your late thirties or forties, juggling work, family responsibilities, and a long list of personal goals. Planning for retirement might feel like one more overwhelming task, especially when managing current finances already demands attention. But then, someone mentions mutual funds—a type of investment that can potentially grow your money over time without your constant involvement. You start ...

Mumbai, November 28, 2024 (TBB Bureau): The net leverage of domestic primary steel producers, measured as the ratio of net debt to EBITDA, is set to reach a five-year high of over 3x this fiscal. This surge reflects a 25% increase in debt due to substantial capital expenditure (capex), even as profitability is squeezed by cheaper imports, particularly from China. ...

Bhubaneswar, November 28, 2024 (TBB Bureau): In a significant step towards modernizing education, Hindalco Industries Limited, an Aditya Birla Group company, has launched its ambitious digital classroom initiative, ‘Project Anveesha’, in seven high schools near its Hirakud plant in Sambalpur district. The initiative aims to transform traditional classrooms into state-of-the-art, tech-enabled learning spaces. Equipped with smart boards, e-learning platforms, AI ...

New Delhi, November 28, 2024 (TBB Bureau): GAIL (India) Limited, through its wholly owned subsidiary GAIL Mangalore Petrochemicals Limited (GMPL), has taken a decisive step toward revitalizing its 1.25 MMTPA Purified Terephthalic Acid (PTA) manufacturing plant in Mangalore. An Amendment Agreement formalizing the renewed collaboration with global petrochemical leader INEOS was signed in the capital, marking a significant milestone in ...

New Delhi, November 28, 2024: Indian Railways has registered a remarkable revenue of Rs 12,159.35 crore from ticket sales during the festive period spanning from September 1 to October 31, 2024. This surge in earnings, attributed to a wave of festivals including Ganesh Chaturthi, Dussehra, and Diwali, underscores the growing demand for rail travel in India during the festive season. ...

New Delhi, November 28, 2024 (TBB Bureau): In a transformative move to bolster India’s electricity infrastructure, the Union Ministry of Power has announced an ambitious investment of ₹9.12 lakh crore to expand the country’s power transmission network by 2031-32. Minister of State for Power Shripad Yesso Naik shared this vision during a address to the Rajya Sabha. The National Electricity ...

Gurgaon, November 28, 2024 (TBB Bureau): Paisabazaar, India’s largest lending marketplace, has launched a state-of-the-art Fraud Detection and Prevention System, designed to safeguard the platform against fraudulent activities and build a more secure, responsible lending environment. This innovative system leverages cutting-edge machine learning algorithms and advanced technologies to proactively detect and mitigate fraud, reinforcing trust across the lending ecosystem. The ...

New Delhi, November 28, 2024 (TBB Bureau): In a significant move to enhance healthcare access for the workforce, the Centre is working towards the convergence of the Employees’ State Insurance Corporation (ESIC) with the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB-PMJAY). This integration will extend comprehensive medical care benefits to over 14.43 crore ESI beneficiaries and their families, as ...

Angul, November 27, 2024 (TBB Bureau): Jindal Asha, the dedicated wing of Jindal Foundation committed to empowering and educating children with special needs (Divyang), proudly hosted its 3rd Annual Sports Day on November 26-27, 2024. The event celebrated the indomitable spirit, resilience, and extraordinary talents of its students, emphasizing the transformative power of sports in fostering inclusivity and personal growth. ...

Bhubaneswar, November 27, 2024 (TBB Bureau): Kalyan Jewellers, one of India’s leading and most trusted jewellery brands, has announced the grand opening of two new showrooms in Odisha. The launch event, set for Saturday, 30th November 2024, will be graced by Bollywood star Sonakshi Sinha, adding a touch of glamour to the occasion. The celebrations will kick off at 3:30 ...

New Delhi, November 27, 2024 (TBB Bureau): Vedanta Aluminium, India’s largest aluminium producer and a pioneer in sustainable development, has further strengthened its environmental leadership by launching innovative biodiversity and carbon reduction initiatives in Jharsuguda, Odisha. This ambitious program is being rolled out in partnership with PwC India, aiming to bolster ecological balance, restore natural habitats, and foster community-centric carbon ...

New Delhi, November 27, 2024 (TBB Bureau): Punjab National Bank (PNB), India’s leading public sector bank, has unveiled a major enhancement to its NRI services with the launch of a 24×7 NRI Customer Service Centre on November 23, 2024. This new initiative, aimed at improving customer experience and meeting the growing demands of Non-Resident Indian (NRI) clients, was introduced alongside ...

Mumbai, November 27, 2024(TBB Bureau): DSP Mutual Fund has introduced the DSP Business Cycle Fund, an open-ended equity scheme centered on a business cycles-based investing theme. Designed to help investors optimize their entry and exit from market themes, the fund offers the flexibility to actively allocate significant weights to industries in an upcycle while managing risks effectively. The fund’s innovative ...

Bhubaneswar, November 26, 2024 (TBB Bureau): Reliance Jio continues to redefine connectivity in Odisha, cementing its position as the state’s leading broadband service provider. Powered by the rapid adoption of Jio AirFiber, Jio has set new benchmarks in the wireline segment, as evidenced by the latest telecom subscription data from TRAI. In September 2024 alone, Jio welcomed over 15,800 new ...

New Delhi, November 26, 2024 (TBB Bureau): In a monumental stride towards redefining India’s position in the global gaming and interactive entertainment industry, the Department for Promotion of Industry and Internal Trade (DPIIT) has signed a two-year Memorandum of Understanding (MoU) with WinZO, the country’s largest social gaming platform. This groundbreaking collaboration aims to bolster innovation, empower startups, and nurture ...

Paradip, November 26, 2024 (TBB Bureau): The Paradip Port Authority (PPA) celebrated Constitution Day with great enthusiasm, commemorating the 75th anniversary of the adoption of the Indian Constitution. The event, held at the PPA premises on Tuesday, witnessed active participation by senior officials and staff. PPA Chairman, P. L. Haranadh, led the celebrations by reading out the Preamble of the ...

Mumbai, November 26, 2024 (TBB Bureau): Tata Consultancy Services (TCS), a global leader in IT services and business solutions, has signed a three-year extension of its partnership for the SPARSH (System for Pension Administration – Raksha) programme. This landmark initiative by the Government of India aims to streamline pension distribution for over 30 lakh defence pensioners. Under the renewed agreement, ...

Mumbai, November 25, 2024 (TBB Bureau): Nuvoco Vistas Corp. Ltd., India’s fifth-largest cement company, has launched the groundbreaking Nuvoco Zero M Tile Adhesive T5, setting new benchmarks in the building materials industry. This innovative two-component epoxy-based polyurethane (PU) adhesive is designed for seamless application on a wide range of substrates, offering unmatched performance for both interior and exterior tile and ...

Bhubaneswar, November 23, 2024 (TBB Bureau): “Education is the cornerstone of India’s economic and social growth,” said Rt. Hon. Nick Gibb, former UK Minister of State for Schools, as he addressed the 4th Annual Convocation of the Kalinga Institute of Social Sciences (KISS-DU) on Saturday. Hailing KISS as “one of India’s premier academic institutions,” Gibb emphasized the transformative power of ...

Jharsuguda, November 23, 2024 (TBB Bureau): Vedanta Aluminium, India’s largest aluminium producer, is driving significant social change in Western Odisha through the Subhalaxmi Co-operative. Established in 2008, the cooperative has been a beacon of empowerment for rural women, offering innovative livelihood and welfare programs that foster economic independence and sustainable development. A standout initiative under its banner, the Mahila Kalyan ...

Paradip, November 23, 2024 (TBB Bureau): Paradip Port Authority (PPA) has once again solidified its position as a leader in India’s maritime sector by winning the coveted “Major Port of the Year-East Coast” award at the prestigious 11th International Samudra Manthan Awards 2024. The event, held at the Jio World Convention Centre, BKC, Mumbai, celebrated excellence in the maritime industry ...

Angul, November 23, 2024 (TBB Bureau):  The Jindal Foundation, the social responsibility arm of Jindal Steel & Power, has extended its flagship initiative, Project SNEH, to Dhauragoth village in the Tikarpada region of Angul district. This ambitious program is set to tackle malnutrition and enhance healthcare services in the area, particularly benefiting underprivileged and tribal communities. The inauguration ceremony was ...

Amaravati, November 21, 2024 (TBB Bureau): In a landmark move set to propel Andhra Pradesh to the forefront of India’s renewable energy revolution, NTPC Green Energy Ltd (NGEL) has signed a joint venture agreement with the New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) to develop renewable energy projects worth Rs 2 lakh crore in the state. The ...

Bhubaneswar, November 21, 2024 (TBB Bureau): Tata Power Central Odisha Distribution Limited (TPCODL) has added another feather to its cap by securing nine Gold Awards at the prestigious International Convention on Quality Control Circles (ICQCC) 2024. The global convention, organized by the Sri Lanka Association for the Advancement of Quality and Productivity (SLAAQP), was held in Colombo from November 11 ...

Rourkela, November 21, 2024 (TBB Bureau): In a significant move to strengthen its raw material base and support the growth of India’s steel industry, Rourkela Steel Plant (RSP) has entered into a strategic long-term agreement with Adani Enterprises Limited to develop and operate the Taldih Iron Mine. This ambitious project, based on the Mines Developer and Operator (MDO) model, aims ...

Bhubaneswar, November 21, 2024 (TBB Bureau): In a remarkable effort to foster the health and well-being of children in Odisha’s underserved regions, Vedanta Aluminium, India’s largest aluminium producer, has expanded its pioneering “Swarna Prashan” initiative. This initiative has already benefited over 6,400 students from 15 government schools across Rayagada and Kalahandi districts, reinforcing Vedanta’s commitment to holistic community development. Speaking ...

New Delhi, November 21, 2024 (TBB Bureau): The Central Government on Thursday launched the ‘Viksit Bharat Initiative for Student Innovation and Outreach Network’ (VISION) portal, a transformative platform designed to nurture education, skill development, and innovation among underprivileged children across India. Union Minister of State (Independent Charge) for Science and Technology, Dr. Jitendra Singh, launched the portal in the national ...

Mumbai, November 21, 2024 (TBB Bureau): Tata Power, a pioneer in India’s energy sector, has signed a groundbreaking Memorandum of Understanding (MoU) with the Asian Development Bank (ADB) to evaluate financing of $4.25 billion for transformative clean energy projects. The agreement, signed during the COP29 Climate Conference in Baku, Azerbaijan, marks a significant step toward advancing India’s energy transition and ...

Bhubaneswar, November 21, 2024 (TBB Bureau): Prof. Achyuta Samanta, the visionary Founder of KIIT, KISS, and KIMS, has been conferred with the prestigious Lifetime Achievement Award by the World Academy of Art and Culture (WAAC) for his transformative contributions to society. The award was presented during the inaugural ceremony of the 43rd World Congress of Poets (WCP) in Madurai, Tamil ...

Angul, November 20, 2024 (TBB Bureau): Union Education Minister Dharmendra Pradhan on Wednesday emphasized the importance of fostering synergy and continuous dialogue between the District Administration and Jindal Steel & Power (JSP) to ensure the success of ongoing development initiatives during the second Rehabilitation and Periphery Development Advisory Committee (RPDAC) meeting for JSP’s Utkal B1, B2, and C Coal Mines. ...

Chennai, November 20, 2024 (TBB Bureau): Socomec India, a leader in power management solutions, has reached an extraordinary milestone by providing its advanced Photovoltaic (PV) disconnect switches for over 50GW of solar installations. This achievement represents more than half of the total 90GW of solar capacity installed in the country, underscoring Socomec’s vital contribution to India’s ambitious renewable energy targets ...

Bhubaneswar, November 20, 2024 (TBB Bureau): KIIT School of Law has once again demonstrated its academic and legal prowess by securing the top spot in the prestigious 37th Bar Council of India (BCI) National All India Inter-University Moot Court Competition. The event was held from November 15 to 17, at Karnavati University in Gandhinagar, Gujarat. KIIT emerged victorious, earning a ...

New Delhi, November 20, 2024 (TBB Bureau): In a landmark step towards sustainable industrial practices, Vedanta Aluminium, India’s largest aluminium producer, has inked a Gas Sales Agreement (GSA) with GAIL Gas Limited, a subsidiary of GAIL (India) Limited. This collaboration will power Vedanta’s world-renowned Jharsuguda smelter, the largest aluminium plant globally, with natural gas, marking a pivotal transition to cleaner ...

Ahmedabad, November 20, 2024 (TBB Bureau): The 21st Annual Convention of the Gujarat State Edible Oil Association witnessed a thought-provoking address by Priyam Patel, Managing Director of NK Proteins Pvt Ltd and Chairman of the West Zone of the Solvent Extractors’ Association of India (SEA). Patel’s comprehensive analysis of global edible oil market trends, consumer safety concerns, and India’s dependency ...

Bolangir, November 19, 2024 (TBB Bureau): The Reserve Bank of India (RBI), Bhubaneswar Regional Office, successfully conducted a Town Hall meeting on MSME-related issues in Bolangir on Tuesday. The event aimed at empowering Micro, Small, and Medium Enterprises (MSMEs) by enhancing their awareness of banking facilities and promoting their integration into the formal banking system. The meeting was presided over ...

Bhubaneswar, November 19, 2024 (TBB Bureau): The sprawling campus of Kalinga Institute of Social Sciences (KISS) resonated with cheers and excitement as Bollywood star Utkarsh Sharma, the lead actor of the much-awaited movie Vanvaas, graced the institution today. Sharma’s visit, inspired by his father, the eminent filmmaker Anil Sharma, was aimed at promoting the film among the 40,000 students of ...

New Delhi, November 19, 2024 (TBB Bureau): The stage is set for a grand celebration as the Odia Samaj, a premier New Delhi-based Odia organization, proudly announces the 7th edition of Odisha Parba 2024. This resplendent event, showcasing the rich and diverse cultural heritage of Odisha, will take place from November 22 to 24, 2024, at the iconic Jawaharlal Nehru ...

Bhubaneswar, November 19, 2024 (TBB Bureau): The State Level Painting Competition–2024 on Energy Conservation, a flagship initiative by the Union Ministry of Power and the Bureau of Energy Efficiency, was successfully conducted on Tuesday at the Institute of Engineers, Bhubaneswar. The event, coordinated by NTPC Eastern Region-II Headquarters, Bhubaneswar, with NTPC as the nodal agency, aimed to foster awareness among ...

Lanjigarh, November 19, 2024 (TBB Bureau): In a heartwarming celebration of Children’s Day, Vedanta Lanjigarh, a unit of Vedanta Aluminium and India’s leading producer of smelter-grade alumina, brought smiles to over 100 children from local communities in Kalahandi district. The event, organized at DAV Vedanta International School, was filled with fun, inspiration, and learning, aligning with this year’s theme, ‘For ...

Bhubaneswar, November 19, 2024 (TBB Bureau): Odisha continues to set benchmarks in disaster management with its pioneering early warning systems, said Suresh Pujari, Minister for Revenue and Disaster Management, at the inaugural session of a convening jointly organised by Reliance Foundation and the United Nations India. Speaking at the event titled “Early Warning to Early Action – A Multi-Hazard, Multi-Stakeholder ...

Bhubaneswar, November 19, 2024 (TBB Bureau): This year’s Cuttack Baliyatra has not only celebrated tradition and culture but also shone a spotlight on technological advancement and sustainable practices, with the Tata Power Central Odisha Distribution Company Limited (TPCODL) stall emerging as a major attraction. Since its inauguration on November 15, the TPCODL (TP Central Odisha Distribution Limited) stall has been ...

Bhubaneswar, November 19, 2024 (TBB Bureau): Elevating wedding fashion to new heights, Louis Philippe, India’s premier menswear brand from Aditya Birla Fashion and Retail Limited, has launched its exclusive “Royal Wedding Treasures” collection in Bhubaneswar. Designed for the modern groom who cherishes tradition yet seeks contemporary flair, this exquisite collection is a celebration of impeccable craftsmanship, sophistication, and timeless style. ...

New Delhi, November 18, 2024 (TBB Bureau): India is embarking on a transformative journey to revolutionize its maritime sector by 2047, backed by a ₹80 lakh crore investment aimed at enhancing port capacity, shipping, shipbuilding, and inland waterways. Union Minister for Ports, Shipping, and Waterways, Sarbananda Sonowal, outlined this ambitious vision during the inaugural session of ‘Sagarmanthan – The Great ...

Angul, November 18, 2024 (TBB Bureau): In a landmark step towards enhancing workforce welfare, Naveen Jindal, Member of Parliament from Kurukshetra, Haryana, and Chairman of Jindal Steel & Power (JSP), inaugurated the state-of-the-art Shramveer Palace at JSP’s Angul unit in Odisha. This fully air-conditioned, 1056-bedded accommodation reflects JSP’s unwavering commitment to the well-being and comfort of its workforce. Designed with ...