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Author Archives: Editor

Employees protest against AM/NS India over low wages and unfulfilled promises

Paradip, November 8, 2024 (TBB Bureau): Tensions have escalated in Paradip as local employees of AMNS (Arcelor Mittal Nippon Steel) India have staged a protest against the company, accusing it of exploitation and unfair treatment. The protest, led by youth who were employed by the company after giving up their ancestral land, highlights deepening grievances over low wages and broken ...

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Vedanta reports strong financial results and record operational achievements in Q2FY25

Mumbai, November 8, 2024 (TBB Bureau): Vedanta Limited has announced its unaudited consolidated results for the second quarter (Q2) and half-year (H1) ending September 30, 2024, revealing strong financial performance, profitability, and operational achievements across its diversified portfolio. Vedanta posted a consolidated revenue of ₹37,171 crore, marking a 10% increase year-over-year (YoY) and a 5% increase quarter-over-quarter (QoQ). The company ...

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TPCODL kicks off ‘Quality Month’, elevating standards from compliance to performance

Bhubaneswar, November 8, 2024 (TBB Bureau): TP Central Odisha Distribution Limited (TPCODL), a joint venture of Tata Power and the Government of Odisha, is pleased to announce the commencement of its fourth annual ‘Quality Month’. The opening event was led by Arvind Singh, CEO, TPCODL and Chairperson of the Total Quality Management (TQM) Core Committee, along with the Senior Leadership ...

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White Coat ceremony welcomes new MBBS and BDS batch at KIMS

Bhubaneswar, November 8, 2024 (TBB Bureau): The Kalinga Institute of Medical Sciences (KIMS) held a prestigious White Coat and Oath-Taking Ceremony to welcome its newest cohort of MBBS and BDS students, marking an essential rite of passage into the medical field. This ceremonial initiation, symbolizing the start of a lifelong commitment to medical ethics and compassionate care, was attended by ...

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NTPC pioneers carbon capture to methanol conversion at Vindhyachal Plant

New Delhi, November 8, 2024 (TBB Bureau): In a global first, state-owned power giant NTPC has successfully converted captured carbon dioxide (CO2) into methanol at its Vindhyachal plant, marking a groundbreaking achievement in sustainable fuel production and carbon management. NTPC announced on Friday that the CO2, captured from flue gases, was synthesized with hydrogen — produced from a PEM electrolyser ...

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Prolonged monsoon drives spike in Typhoid cases: Zuno General Insurance Report

Mumbai, November 8, 2024 (TBB Bureau): Zuno General Insurance, formerly Edelweiss General Insurance, has reported a significant rise in claims for typhoid and other vector-borne diseases during this year’s extended monsoon season from June to September. Data reveals a 37% increase in typhoid cases compared to last year, a trend that diverges from the usual dominance of viral infections during ...

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Asia Pacific office demand rises 10.7pc as occupiers seek premium spaces

Bangalore, November 8, 2024 (TBB Bureau): The Asia Pacific office market is forecasted to experience notable growth in 2025, with Colliers’ latest data indicating a 10.7% year-on-year (y-o-y) surge in office demand across top regional markets during Q3 2024. According to the Colliers’ Asia Pacific Office Market Insights Q3 2024 report, demand for Grade A office space reached 2.2 million ...

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National Cancer Awareness Day: Medica Superspecialty Hospital emphasizes NGOs’ role in making cancer care accessible

Kolkata, November 7, 2024 (TBB Bureau): On National Cancer Awareness Day, Medica Superspecialty Hospital, one of Kolkata’s premier healthcare providers, spotlighted the essential role of NGOs in improving access to modern cancer care for economically disadvantaged patients. The hospital hosted an impactful panel discussion, “The Role of NGOs in Bridging the Gap in Cancer Care Accessibility,” to explore how collaborations ...

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Eurogrip launches Trailhound tyres at EICMA 2024

Chennai, November 7, 2024 (TBB Bureau): Eurogrip Tyres, one of India’s leading tyre manufacturers, unveiled the Trailhound family of tyres at EICMA 2024, with two new variants designed for different biking styles: the Trailhound STR, tailored for adventure motorcycles, and the Trailhound SCR, aimed at classic bikes, scramblers, and café racers. Eurogrip also showcased its flagship range of two-wheeler tyres ...

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Sand art marks NTPC’s 50th Raising Day

Internationally acclaimed sand artist Sudarsan Pattnaik crafted a stunning sand sculpture of NTPC’s 50th Anniversary logo at Puri Beach, marking the company’s milestone. On November 7, 2024, NTPC Ltd., India’s largest power utility, celebrated five decades of innovation and leadership in the nation’s energy sector.

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NTPC Bongaigaon celebrates 50th Raising Day with grand festivities and community engagement

Bongaigaon, November 7, 2024 (TBB Bureau):  In a grand celebration of its 50th Raising Day, NTPC Bongaigaon hosted a vibrant event, marking half a century of excellence and community-driven growth. The celebration, held at the NTPC administrative building, saw enthusiastic participation from employees, families, and local community members, underscoring NTPC’s commitment to its people and region. The day’s program began ...

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IMFA posts strong Q2 FY25 performance with higher output and robust margins

Bhubaneswar, November 7, 2024 (TBB Bureau): Indian Metals & Ferro Alloys Ltd. (IMFA), India’s leading fully integrated producer of ferro alloys, has reported an impressive financial performance for the second quarter (Q2) of the current financial year (FY25), with notable growth in revenue, profitability, and exports for the quarter ending September 30, 2024. In Q2 FY25, IMFA achieved a revenue ...

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NTPC Mining Limited HQ celebrates 50th NTPC Foundation Day with grandeur

Ranchi, November 7, 2024 (TBB Bureau): In a celebration marked by pride and joy, NTPC Mining Limited (NML) Headquarters in Ranchi commemorated the 50th NTPC Foundation Day with enthusiasm and reverence. Chief Guest Animesh Jain, Chief Executive Officer of NML and Regional Executive Director (Coal Mining), unfurled the NTPC flag, accompanied by the resonant NTPC Geet, witnessed by a gathering ...

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NTPC celebrates 50th Raising Day at Bhubaneswar headquarters

Bhubaneswar, November 7, 2024 (TBB Bureau):  NTPC Ltd., India’s largest integrated power major, marked its 50th Raising Day with celebrations at its Regional Headquarters in Bhubaneswar as well as across its corporate offices and stations nationwide. The event, which took place on November 7, was attended by key executives and employees, highlighting the company’s journey and its achievements in the ...

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Kansai Nerolac Paints reports Q2FY25 results, eyes stronger growth in H2

Mumbai, November 6, 2024 (TBB Bureau): Kansai Nerolac Paints Limited (KNPL), one of India’s leading paint companies, has announced its unaudited results for the second quarter (Q2) of FY 2024-25. Despite facing market challenges, the company has delivered steady revenue growth and continues to focus on long-term capabilities. For the quarter, Kansai Nerolac reported a net revenue of Rs. 1864 ...

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Vedanta Aluminium champions hygiene in Jharsuguda villages on Global Handwashing Day-2024

Jharsuguda, November 6, 2024 (TBB Bureau): In a significant health initiative, Vedanta Aluminium, India’s leading aluminium producer, observed Global Handwashing Day 2024 by launching an extensive awareness campaign across 28 villages in Jharsuguda. With the theme “Why are clean hands still important?” the campaign aimed to enhance health and hygiene practices within local communities, promoting handwashing as a vital tool ...

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Vedanta Aluminium’s Metal Bazaar records 35pc increase in SME users, reflecting surge in digital procurement trend

Bhubaneswar, November 6, 2024 (TBB Bureau): Vedanta Aluminium, India’s largest aluminium producer, is witnessing a significant shift in the procurement patterns of small and medium enterprises (SMEs) through its innovative e-commerce platform, Metal Bazaar. In the six months since its launch, the platform has seen a remarkable 35% rise in SME users, while active users on the platform have soared ...

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Aakash achieves record-breaking milestone: One million students participate in ANTHE 2024

New Delhi, November 06, 2024 (TBB Bureau): Aakash Educational Services Limited (AESL), a pioneer in the field of test preparatory services in India, has reached a monumental milestone with one million students appearing for its flagship scholarship exam, the Aakash National Talent Hunt Exam (ANTHE) 2024. The nationwide examination, held from October 19 to October 27, 2024, offered students from ...

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Dalmia Vidya Mandir strikes a high note, sweeps first place at Zonal Kala Utsav 2024

Rajgangpur, November 6, 2024 (TBB Bureau): In a dazzling display of talent and dedication, students from Dalmia Vidya Mandir (DVM), Rajgangpur, Sundargarh, have clinched the first-place position at the prestigious Zonal Level Kala Utsav 2024. Competing in the Group Instrumental Music Classical category, this remarkable achievement was secured at the Science Centre in Tukurla, Bargarh, where they outperformed participants from ...

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NTPC Swayamsiddha Ladies Club extends support to orphanage home in Ranchi

Ranchi, November 6, 2024 (TBB Bureau): NTPC Swayamsiddha Ladies Club (SSLC), affiliated with NTPC Mining Limited in Ranchi, has made a heartfelt contribution to the welfare of children at the Adim Jati Seva Mandal orphanage. In a noble initiative, the Club donated essential infrastructure items, including iron racks for storing groceries and snacks, aimed at enhancing the living conditions of ...

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DKMS-BMST: Bridging gap in blood cancer care on National Cancer Awareness Day

Delhi, November 06, 2024 (TBB Bureau):  As National Cancer Awareness Day shines a spotlight on the growing cancer burden in India, it also highlights the pressing challenges faced by patients with blood cancers such as leukemia, lymphoma, and myeloma. Over 100,000 people in India are diagnosed annually with blood cancer or blood disorders like thalassemia and aplastic anemia. While medical ...

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Vehicle retail sales in India surge 32pc in October 2024, driven by rural market and festive demand: FADA

New Delhi, November 6, 2024 (TBB Bureau): India’s vehicle retail sales recorded a remarkable 32% year-on-year growth in October 2024, reaching 28,32,944 units, as all segments — including two-wheelers, passenger vehicles, and tractors — showcased robust performance, the Federation of Automobile Dealers’ Association (FADA) reported on Wednesday. This growth compares to 21,43,929 units sold in October 2023. The surge in ...

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Widespread outrage as authorities push forward with controversial mineral sand mining project in Brahmagiri region

Bhubaneswar, November 5, 2024 (TBB Bureau):  The people of Brahmagiri in Odisha’s Puri district, alongside environmental activists and local community groups, are voicing escalating frustration and alarm over the proposed Mineral Sand Mining project in their region. Spearheaded by Indian Rare Earths Limited (IREL), the project has moved ahead despite widespread opposition and a pending Public Interest Litigation (PIL) in ...

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Marut Drones raises $6.2 million in Series A funding to boost drone innovation and rural economic empowerment

Hyderabad/Bhubaneswar, November 5, 2024 (TBB Bureau): Marut Dronetech Pvt Ltd, a leading drone technology company with DGCA certification for manufacturing and training, has secured $6.2 million in Series A funding from Lok Capital. This investment will fuel Marut Drones’ mission to drive drone adoption across India’s agricultural sector and beyond, positioning the company at the cutting edge of tech-enabled solutions ...

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Vedanta Lanjigarh strengthens workplace safety with extensive training series

Lanjigarh, November 5, 2024 (TBB Bureau): Vedanta Lanjigarh, a flagship unit of Vedanta Aluminium and India’s leading producer of smelter-grade alumina, has initiated a rigorous series of safety training sessions and workshops aimed at elevating workplace safety standards across its operations. This initiative brought together over 250 employees and business partners to engage in comprehensive sessions, including mock drills, live ...

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Crompton launches Nigella Pro Mixer Grinder, redefining kitchen convenience

Mumbai, November 5, 2024 (TBB Bureau): Crompton Greaves Consumer Electricals Limited, a name synonymous with cutting-edge innovation and customer satisfaction, has expanded its kitchen appliance range with the launch of the Nigella Pro 500W Mixer Grinder. This latest addition merges high functionality with modern design, promising to elevate daily cooking routines and enhance kitchen aesthetics. Designed to save time and ...

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Garuda Aerospace and CYOL forge groundbreaking partnership to transform agriculture across three continents

Chennai, November 5, 2024 (TBB Bureau): In a milestone development for the agricultural sector, Garuda Aerospace, one of India’s premier drone manufacturers, has signed a Memorandum of Understanding (MoU) with CYOL (Pvt) Ltd., Sri Lanka’s advanced agricultural technology leader, to revolutionize farming practices across Australia, Africa, and Asia. The MoU was formalized at CYOL’s headquarters in Colombo, Sri Lanka, marking ...

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Acer India launches new ‘Iconia’ tablets: A fusion of power, portability, and premium design

Bengaluru, November 5, 2024 (TBB Bureau): Acer India has launched an exciting new range of tablets under the renowned Iconia brand, delivering a seamless blend of performance, style, and mobility. Available in 8.7-inch and 10.36-inch screen sizes, these tablets redefine the on-the-go digital experience, ideal for everything from streaming and gaming to productivity and multitasking. The compact Iconia Tab iM9-12M ...

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Vedanta Aluminium transforms educational infrastructure in Odisha’s Sundargarh, benefiting over 750 students

Bhubaneswar, November 4, 2024 (TBB Bureau): In a significant move to uplift educational standards and foster a brighter future for Odisha’s youth, Vedanta Aluminium, India’s largest aluminium producer, has enhanced the infrastructure of 14 government schools and seven Anganwadi centers in the tribal-dominated Jamkani coal block area of Sundargarh. This initiative is set to impact over 750 students by providing ...

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NALCO observes Vigilance Awareness Week 2024, promotes integrity for nation’s growth

Bhubaneswar, November 3, 2024 (TBB Bureau): National Aluminium Company Limited (NALCO) marked Vigilance Awareness Week 2024 by embracing the theme “Culture of Integrity for Nation’s Prosperity.” The week-long observance included an array of impactful events across all NALCO units and regional offices, aimed at fostering values of integrity, transparency, and accountability in public life. In an effort to engage young ...

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Yuvraj Singh Centres of Excellence and Merlin Group launch cricket talent hunt across Eastern India

Search for future stars begins in Bhubaneswar   Bhubaneswar, November 3, 2024 (TBB Bureau): The Yuvraj Singh Centre of Excellence (YSCE), in collaboration with Club Pavilion, the sports vertical of Merlin Group, has officially announced an exciting cricket talent hunt across Eastern India. This groundbreaking initiative, aimed at discovering and nurturing young cricket talent, will launch its first round of ...

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Odisha expands industrial vision: Minister Swain calls for growth in textiles and apparel

Bhubaneswar, November 2, 2024 (TBB Bureau): In a strong push towards industrial diversification, Odisha’s Minister of Industries, Skill Development, and Technical Education, Sampad Chandra Swain, emphasized the state government’s commitment to developing a robust ecosystem for textiles and crafts in Odisha. Speaking at the CII Swayam Srujani – Weaving a Sustainable Future for Odisha’s Textiles and Crafts event, organized by ...

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Sanjay Lohiya takes charge as interim CMD of NALCO

Bhubaneswar, November 2, 2024 (TBB Bureau): In accordance with the Ministry of Mines Office Order No. 2/2/2024-Met.I dated November 1, 2024, Shri Sanjay Lohiya, Additional Secretary, Ministry of Mines, has assumed the role of Chairman-cum-Managing Director (CMD) of National Aluminium Company Limited (NALCO) on an interim basis, effective November 2, 2024. This temporary assignment follows the superannuation of Sridhar Patra, ...

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NTPC pioneers green hydrogen production from municipal and agricultural waste with cutting-edge plasma oxy gasification technology

Ranchi, November 2, 2024 (TBB Bureau): NTPC Ltd., India’s premier power utility, is making significant strides in green hydrogen production through its R&D arm, NETRA. In an ambitious move towards sustainable energy, NTPC has announced the establishment of a state-of-the-art green hydrogen production plant that will utilize plasma-based oxy gasification technology to process Municipal Solid Waste (MSW) and agricultural waste. ...

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GKEL spreads ‘Joy of Giving’ to over 300 families, uplifting local communities through livelihood support

Bhubaneswar, November 2, 2024 (TBB Bureau): In a significant initiative aimed at supporting the economically disadvantaged residents of its surrounding areas, GMR Kamalanga Energy Limited (GKEL), based in Kamalanga Village under Odapada Block, organized a community event, “Joy of Giving” or Daan Utsav, on Friday. Held at the company’s community hall, the event distributed livelihood aids to over 300 families ...

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Tata Power Odisha discoms report lower distribution losses in H1FY25

Bhubaneswar, November 2, 2024 (TBB Bureau):  In a significant achievement for Tata Power, the company recorded reduced distribution losses in its Odisha power distribution business during the first half (H1) of the current financial year (FY25). The reduction in Aggregate Technical and Commercial (AT&C) losses, a critical measure of operational efficiency, highlights Tata Power’s successful efforts to streamline power distribution ...

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TPCODL shines bright at Innovation with Impact Awards 2024, clinching top honors in Performance Improvement

Bhubaneswar, November 1, 2024 (TBB Bureau): TP Central Odisha Distribution Limited (TPCODL), a joint venture of Tata Power and the Government of Odisha, on Friday announced its achievement of first rank in Performance Improvement at the prestigious Innovation with Impact Awards for Discoms 2024, organized by the Indian Chamber of Commerce (ICC). TPCODL also secured the second overall rank in ...

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KISS students recognized for outstanding performance in OCS exams

Bhubaneswar, November 1, 2024 (TBB Bureau): A Felicitation Ceremony was held on Sunday to honor twelve students from KISS who successfully passed the Odisha Civil Services (OCS) Examination this year. Bishnupada Sethi, Principal Secretary to the Government for ST & SC Development, Minorities & Backward Classes, SSEPD, and the Odia Language, Literature & Culture Department, served as the chief guest. ...

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Honda Cars India records total sales of 10,080 units in October 2024

New Delhi, November 1, 2024 (TBB Bureau): Honda Cars India Ltd. (HCIL), a leading manufacturer of premium cars in India, reported total sales of 10,080 units in October 2024. This includes domestic sales of 5,546 units and exports of 4,534 units for the month. Commenting on the sales performance, Kunal Behl, Vice President of Marketing & Sales at Honda Cars ...

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Dhamra Port sets new record in steel coil loading

Dhamra, November 30, 2024 (TBB Bureau): Dhamra Port Company Limited (DPCL) has set a new benchmark in its operations by achieving a record-breaking milestone in steel coil loading. Over the past 24 hours, the port successfully loaded an impressive 20,586 MT of HR Coils onto BB-3, surpassing all previous records. This feat eclipses the port’s earlier milestones of 17,316 MT ...

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Capri Global Capital reports strong Q2 fy25 performance with continued growth in AUM and profitability

Mumbai, November 1, 2024 (TBB Bureau): Capri Global Capital Ltd. (CGCL), a prominent non-deposit-taking and systemically important NBFC, showcased a robust financial performance for the quarter ended September 30, 2024. The company reported continued growth across its portfolio, strengthened profitability, and improvements in cost efficiency, asset quality, and capital adequacy. CGCL’s consolidated AUM reached ₹19,250 crore, marking a 56% increase ...

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SANY India secures 1.6 GW wind turbine contracts, strengthens position in India’s wind energy sector

New Delhi, November 1, 2024 (TBB Bureau): SANY India has marked a major milestone in its expansion into India’s renewable energy sector with its wind energy division, SANY Wind Energy India Pvt Ltd. In a strategic move, SANY has secured wind turbine sales agreements totaling 1.6 GW, including a 1,324 MW deal with three subsidiaries of the JSW Group and ...

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Navigating the Technological Tide: AIFI highlights the critical need for upskilling in the forging industry

Pune, November 1, 2024 (TBB Bureau): The Association of Indian Forging Industry (AIFI), the apex body representing the Indian forging sector, recently hosted a special session in Pune on “Innovative Technology Solutions and Skill Development.” The event aimed to address the industry’s evolving needs by bringing together leaders, experts, and stakeholders to discuss advancements in technology and strategies for workforce ...

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3F Oil Palm partners with Karnataka Horticulture Department to empower farmers with sustainable cultivation practices

Hyderabad, November 1, 2024 (TBB Bureau): 3F Oil Palm Pvt Ltd has further expanded its footprint in Karnataka by signing a Memorandum of Understanding (MoU) with the Karnataka Department of Horticulture to promote sustainable agriculture and support local farming communities. The MoU, signed in the presence of Mr. Prakash M. Sabarad, Additional Director of Horticulture, Government of Karnataka, aims to ...

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Vantara to welcome three African elephants from Tunisia for a new life of care and compassion

Jamnagar, November 1, 2024 (TBB Bureau): Three African forest elephants—two females and one male, aged between 28 and 29—are preparing to embark on a journey from Tunisia to India, where they will find a new home at Vantara Wildlife Rescue Center in Jamnagar. Vantara, one of the world’s most respected wildlife rescue facilities, founded by Anant Mukesh Ambani, has been ...

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Veranda Learning Solutions targets Rs. 600 crore revenue in FY25

Chennai, November 1, 2024 (TBB Bureau): Education technology company Veranda Learning Solutions Limited, a listed provider of end-to-end solutions in the education space, has set a revenue target of Rs. 600 crore for FY25. Founded in 2018 by the Kalpathi AGS Group, which holds a 55% stake, the company has expanded rapidly through strategic acquisitions. In May 2023, it acquired ...

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Kalyan Jewellers unveils new showroom in Bhubaneswar

Bhubaneswar, October 28, 2024 (TBB Bureau): Kalyan Jewellers, one of India’s leading and most trusted jewellery brands, inaugurated its latest showroom in Bhubaneswar’s Soubhagya Nagar today, marking an important expansion in the region. The grand opening was attended by Bollywood icon Shilpa Shetty, who launched the new showroom to an enthusiastic crowd. Fans and patrons gathered in large numbers to ...

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TPCODL observes Vigilance Awareness Week 2024, reinforces commitment to integrity

Bhubaneswar, 28 October 2024 (TBB Bureau): TP Central Odisha Distribution Limited (TPCODL), a joint venture between Tata Power and the Government of Odisha, has commenced Vigilance Awareness Week 2024, running from October 28 to November 3, under the theme, “Culture of Integrity for Nation’s Prosperity.” The week-long observance began with a solemn Integrity Pledge administered by Mr. Arvind Singh, CEO ...

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NTPC Bongaigaon observes Vigilance Awareness Week 2024, promoting integrity and transparency

Bongaigaon, October 28, 2024 (TBB Bureau):  NTPC Bongaigaon joined the nation in marking Vigilance Awareness Week from October 28 to November 3, 2024, under the theme “Culture of Integrity for Nature’s Prosperity.” The observance commenced with a solemn oath-taking ceremony, led by Akhilesh Singh, Head of Project, NTPC Bongaigaon, with Ananta Samanta, Head of Vigilance, in attendance alongside departmental heads, ...

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Budget 2025: Aluminium industry urges government to shield domestic market from import surge, calls for enhanced investment to propel growth and self-reliance

New Delhi, October 28, 2024 (TBB Bureau): As India gears up for the Budget 2025, the Aluminium Association of India (AAI), representing top aluminium producers nationwide, has formally submitted its pre-budget recommendations to the Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce. The AAI underscored the metal’s pivotal role in India’s growth ambitions, aligning ...

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