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Bhubaneswar, October 28, 2024 (TBB Bureau): Vedanta Aluminium, India’s largest producer of aluminium, has taken a significant step in workforce empowerment through its flagship skill development initiative, Project Sakshyam. Under this program, Vedanta has facilitated advanced industrial training for ITI graduates from Jharsuguda and surrounding areas at the prestigious World Skill Centre in Bhubaneswar. The year-long, residential Project Sakshyam program ...

New Delhi, October 28, 2024 (TBB Bureau): Punjab National Bank (PNB) on Monday reported a standalone net profit of Rs 4,303.5 crore for the quarter ending September 30, 2024, reflecting a remarkable growth of 145 per cent from Rs 1,756 crore in the same quarter last year. This significant increase is attributed to a substantial reduction in new provisions and ...

Paradip, October 28, 2024 (TBB Bureau): In alignment with the Central Vigilance Commission’s directives, the Paradip Port Authority (PPA) inaugurated Vigilance Awareness Week on October 28, set to continue through November 3, 2024. This year’s theme, “Culture of Integrity for Nation’s Prosperity,” reflects the organization’s commitment to upholding ethical standards and fostering transparency within its operations. The observance began with ...

New Delhi, October 26, 2024 (TBB Bureau): In a bid to reinforce the scientific credibility of Ayurveda, AIMIL Healthcare & Research Centre organized Ayumanthan 3.0 at the Sri Sathya Sai Auditorium in New Delhi to mark the 9th National Ayurveda Day. Renowned Ayurveda practitioners and scholars gathered to discuss the ancient medicinal system’s modern applications and its potential for addressing ...

New Delhi, October 25, 2024 (TBB Bureau): The Reserve Bank of India (RBI) recently released draft guidelines aimed at reshaping the regulatory framework governing the lending activities of banks and their group entities. If implemented in their entirety, these guidelines could prompt a significant reorganization within bank groups, compelling a single entity to oversee each permissible line of business. Despite ...

New Delhi, October 25, 2024 (TBB Bureau): Aakash Educational Services Limited (AESL), India’s national leader in test preparatory services, has announced the launch of a focused Crash Course for JEE Main 2025. This specialized course targets students appearing for both phases of the JEE Main 2025 exam, offering a rigorous, structured approach to help them succeed in one of the ...

Basel, Switzerland, October 25, 2024 (TBB Bureau): In an impressive testament to its commitment to innovation and sustainability, Syngenta Group has been named the world’s leading agricultural employer in the 2024 Science Careers Top Employers Survey. This recognition, marking the eighth consecutive year that Syngenta has ranked among the global top five and led the agriculture sector, highlights the company’s ...

New Delhi, October 24, 2024 (TBB Bureau): In a significant move for the Indian judiciary, the Central Government has officially appointed Justice Sanjiv Khanna as the next Chief Justice of India (CJI). This decision was confirmed through a notification from the Union Ministry of Law and Justice, which stated, “In exercise of the powers conferred by clause (2) of Article ...

New Delhi, October 24, 2024 (TBB Bureau): In anticipation of the severe Cyclone ‘Dana’, the Ministry of Ports, Shipping & Waterways (MoPSW) has implemented an extensive safety protocol to protect port infrastructure, vessels, and personnel. The Minister of State for Ports, Shipping & Waterways, Shantanu Thakur, chaired a high-level review meeting to evaluate the preparedness of the Ministry, the Directorate ...

Bhadrak, October 24, 2024 (TBB Bureau): As Cyclone ‘Dana’ approaches the Odisha coast, Ferro Alloys Corporation Ltd. (FACOR) has rolled out an extensive preparedness plan to safeguard the community and livestock in and around its facilities. This proactive initiative aims to mitigate the effects of the impending cyclone, reflecting FACOR’s commitment to both community well-being and animal welfare. One of ...

Bhubaneswar, October 24, 2024 (TBB Bureau): Kalyan Jewellers, one of India’s most trusted jewellery brands, has announced the launch of two new showrooms in Odisha, set to open on October 28, 2024. The grand inauguration will be graced by renowned Bollywood actress Shilpa Shetty, who will be present at both locations to celebrate this exciting expansion. The first launch event ...

Ranchi, October 24, 2024 (TBB Bureau): In a heartfelt display of compassion and community spirit, the Swayamsidha Ladies Club of NTPC Coal Mining Headquarters, Ranchi, has taken a significant step towards empowering underprivileged women. With the mission of giving back to society, the Club partnered with Srijan Handicrafts to distribute clothes to women in need. Srijan Handicrafts, founded by Shobha ...

Bhubaneswar, October 24, 2024 (TBB Bureau): In a bid to strengthen community health and create lasting benefits for children and their families, Vedanta Aluminium, India’s largest aluminium producer, has launched an expanded immunization drive in collaboration with the Ministry of AYUSH. This extended initiative aims to scale up the ‘Swarna Prasan’ immunization programme across the districts of Kalahandi, Koraput, and ...

Bhubaneswar, October 24, 2024 (TBB Bureau): BonV Aero, an Odisha-based leader in aerial mobility manufacturing, emerged victorious at one of India’s largest Drone Hackathons, held in conjunction with the Amaravati Drone Summit on Tuesday. The event attracted over 500 participants, all vying to present innovative solutions to pressing challenges in drone technology. Organized by the Andhra Pradesh Drones Corporation, the ...

Ranchi, October 22, 2024 (TBB Bureau): In a remarkable achievement, Talaipalli and Dulanga Coal Mines of NTPC Mining Limited (NML) have been honored with a prestigious 5 Star Rating for the year 2022-23. The accolades were presented during the Annual Star Rating of Coal Mines award ceremony held in New Delhi on Monday, with Union Minister for Coal and Mines, ...

New Delhi, October 24, 2024 (TBB Bureau): Sony India on Thursday unveiled its latest addition to the LinkBuds series, the WF-L910 (LinkBuds Open) wireless earbuds, bringing together groundbreaking technology and ergonomic design to deliver an immersive yet natural audio experience. Tailored for those who prioritize both comfort and connectivity, these earbuds promise superior sound quality while ensuring users stay aware ...

Delhi, October 24, 2024 (TBB Bureau): Corneal blindness is emerging as a growing health crisis in India, with projections estimating an annual increase of 20,000 to 25,000 new cases. This alarming trend adds to the existing patient pool of approximately 1.2 million individuals suffering from this condition, making it a significant contributor to the country’s overall blindness burden, which accounts ...

New Delhi, October 24, 2024 (TBB Bureau): In a significant move aimed at bolstering the startup ecosystem in India, Amazon India has announced a partnership with Startup India under the auspices of the Department for Promotion of Industry and Internal Trade (DPIIT). This collaboration seeks to launch multiple initiatives designed to empower startups in building and scaling their businesses through ...

New Delhi, October 24, 2024 (TBB Bureau): The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the establishment of a Rs 1,000 crore venture capital (VC) fund aimed at enhancing the Indian space sector and generating employment. The fund, to be managed by IN-SPACe, will be operational for up to five years and is expected to support startups ...

New Delhi, October 24, 2024 (TBB Bureau):  India Inc is projected to experience its slowest revenue growth in 16 quarters, with an estimated increase of only 5-7% on a year-on-year basis for the three months ending September. This deceleration is largely attributed to stagnant performance in the construction sector, which constitutes about one-fifth of India Inc’s total revenue. Additionally, declines ...

Bhubaneswar, October 23, 2024 (TBB Bureau):  As Cyclone ‘Dana’ approaches, Tata Power Central Odisha Distribution Limited (TPCODL) is taking proactive steps to ensure power resilience in the face of the impending storm. TPCODL CEO Arvind Singh convened a crucial meeting on Wednesday to evaluate and strengthen the discom’s readiness. The meeting emphasized strategic resource deployment and the mobilization of materials ...

New Delhi, October 23, 2024 (TBB Bureau): Vedanta Aluminium, India’s largest producer of aluminium, has taken a significant step towards enhancing operational efficiency and sustainability in its logistics operations by inducting Bogie Open Bottom Rapid discharge railway wagons with pneumatic door opening actuators (BOBRN) for coal transportation at its smelters in Jharsuguda, Odisha, and Korba, Chhattisgarh. This initiative is part ...

Bhubaneswar, October 23, 2024 (TBB Bureau): Paradeep Phosphates Limited (PPL) has once again been recognized for its outstanding contributions to the fertilizer industry and its pivotal role in enhancing the income of the farming community. At a glittering ceremony held in Bhubaneswar on Tuesday, PPL was conferred with the prestigious Times Business Award for Leading the Agri Revolution for Viksit ...

Paradip, October 22, 2024 (TBB Bureau): As Cyclone ‘Dana’ approaches, Paradip Port is implementing extensive safety preparations to ensure the security of maritime operations and personnel. A directive has been issued for all cargo transportation and loading activities to be completed by the evening of October 23. All vessels currently docked at the port are being instructed to expedite their ...

New Delhi/Bhubaneswar, October 22, 2024 (TBB Bureau): Odisha has been honoured with the prestigious, securing the top rank in the Best State category for its outstanding efforts in water resources conservation and management. The award was presented by President Draupadi Murmu during a ceremony at Vigyan Bhawan in New Delhi on Tuesday. Development Commissioner and Additional Chief Secretary Anu Garg ...

New Delhi, October 22, 2024 (TBB Bureau):  Jindal Panther Cement (JPC), a prominent entity within the Jindal Group, on Tuesday announced the commissioning of its first cement grinding unit in Angul, Odisha, with a capacity of 1.5 million tons per annum (MTPA). This state-of-the-art facility is poised to play a critical role in the company’s ambitious decarbonisation strategy, operating with ...

Bhubaneswar, October 22, 2024 (TBB Bureau): Michelin, a global leader in tyre technology, has announced the winners of the inaugural Michelin AI Challenge, marking a significant milestone in the AI-driven innovation landscape. The competition, launched in collaboration with the Department for Promotion of Industry and Internal Trade (DPIIT) and Startup India, aims to foster entrepreneurship and encourage cutting-edge developments within ...

New Delhi, October 22, 2024 (TBB Bureau):  The Reserve Bank of India (RBI) has flagged certain irregularities in the gold loan segment and called upon lenders to thoroughly reassess their lending practices. The new regulatory measures, aimed at curbing discrepancies in the loan against gold jewellery sector, may slow the growth of gold loans in the near term. In a ...

Bhubaneswar, October 22, 2024 (TBB Bureau): In a country where legal frameworks provide for equal inheritance rights for daughters, societal realities tell a different story. A recent study by Sunfeast Mom’s Magic reveals that only 7% of daughters receive equal inheritance through a will, highlighting the persistence of the archaic belief that “betiyan paraya dhan hoti hain” (daughters are ultimately ...

Jharsuguda, October 22, 2024 (TBB Bureau): Vedanta Aluminium, India’s largest aluminium producer, recently welcomed students from the Indian Institute of Management (IIM) Sambalpur to its state-of-the-art aluminium plant in Jharsuguda as part of its Campus Connect initiative. The visit offered the students an in-depth understanding of the aluminium manufacturing process, which serves over 60 countries, and provided valuable insights into ...

Bhubaneswar, October 21, 2024 (TBB Bureau): TP Central Odisha Distribution Limited (TPCODL), a joint venture between Tata Power and the Government of Odisha, has initiated a thorough preparedness plan in response to Cyclone ‘Dana’, focusing on maintaining uninterrupted power supply and ensuring public safety. As the cyclone approaches, TPCODL is fully equipped to handle any potential disruptions with the aim ...

Kolkata, October 21, 2024 (TBB Bureau): In a heartfelt tribute to Breast Cancer Month, Medica Superspecialty Hospital hosted a special event, ‘Bijoya: Brave and Beautiful,’ celebrating the resilience of women who have triumphed over breast cancer or are currently battling the disease. The gathering aimed to highlight the importance of early detection, support systems, and the strength of community in ...

Bhubaneswar, October 21, 2024 (TBB Bureau): In a powerful display of community service and compassion, the Jindal Foundation, the philanthropic arm of Jindal Steel & Power, marked Seva Divas across the country to celebrate the birthday of its Chairperson, Shallu Jindal—an acclaimed philanthropist, social leader, and renowned Kuchipudi danseuse. Seva Divas, observed on this special occasion, reflected the Foundation’s unwavering ...

Puri, October 20, 2024 (TBB Bureau): In a significant move to boost coastal tourism in Odisha, Union Minister for Ports, Shipping & Waterways Sarbananda Sonowal announced the establishment of two new lighthouses at Chaumukha in Balasore district and Dhamra in Bhadrak. The announcement was made on Sunday during the 2nd Indian Lighthouse Festival, held in Puri. At present, Odisha boasts ...

Bhubaneswar, October 20, 2024 (TBB Bureau): In a remarkable achievement, fifteen students from the Kalinga Institute of Social Sciences (KISS) have successfully cleared the Odisha Civil Services (OCS) Examination 2022. The results were announced by the Odisha Public Service Commission (OPSC) on Saturday. The students who made the institution proud are: Nandakishor Patra and Nilamadhab Patra from Kalahandi; Rajes Kisan ...

New Delhi, October 20, 2024 (TBB Bureau):  As urban air pollution continues to rise, a remarkable natural remedy is gaining attention for its skin health benefits: bamboo charcoal, affectionately dubbed the “black diamond.” A recent medical study has highlighted its effectiveness not only in purifying water but also in protecting facial skin from the adverse effects of pollution. The study ...

New Delhi, October 20, 2024 (TBB Bureau): Punjab & Sind Bank has posted strong financial performance for the quarter and half-year ended 30 September 2024, registering significant growth across key financial parameters. The bank reported a Net Profit of ₹240 crore for Q2FY25, representing a 26.98% increase from ₹189 crore in Q2FY24. Total Income witnessed a year-on-year (YoY) rise of ...

NEW DELHI, OCTOBER 20, 2024 (TBB BUREAU):  Dalmia Bharat Ltd, one of India’s leading cement manufacturers, announced a sharp 60.16 percent drop in its consolidated net profit for the September quarter, citing a decline in cement prices as a key factor. The company posted a net profit of Rs 49 crore, significantly lower than the Rs 123 crore recorded during ...

New Delhi, October 19, 2024 (TBB Bureau): Abhyuday Jindal, Managing Director of Jindal Stainless, has been appointed as the new president of the Indian Chamber of Commerce (ICC), one of India’s most prominent industry bodies. Founded in 1925 and headquartered in Kolkata, ICC has played a pivotal role in shaping the nation’s business environment. Jindal, an alumnus of Boston University ...

Puri, October 19, 2024 (TBB Bureau): “The Lighthouse Festival is a key to promoting tourism in Odisha, driving economic growth, and creating job opportunities for local communities,” stated Shantanu Thakur, Union Minister of State for Ports, Shipping & Waterways, as he inaugurated the 2nd Indian Lighthouse Festival 2024 at the Lighthouse Tourism Conclave in Puri on Saturday. Thakur expressed pride ...

Mumbai, October 18, 2024 (TBB Bureau):  Vedanta Limited, a leading global natural resources company, has announced a significant new investment of Rs 1 lakh crore in Odisha, further solidifying its long-standing partnership with the state. This strategic move is expected to generate 2 lakh new employment opportunities and propel Odisha closer to its ambitious goal of becoming a half-trillion-dollar economy ...

Mumbai, October 18, 2024 (TBB Bureau): National Securities Depository Limited (NSDL), one of the world’s leading securities depositories, has reached a significant milestone, with the value of securities held in dematerialized form crossing Rs 500 lakh crore (equivalent to US $6 trillion). This achievement underscores NSDL’s pivotal role in the evolution of India’s financial markets and its growing significance in ...

Bhubaneswar, October 18, 2024 (TBB Bureau): Tanishq, India’s leading jewellery brand from the house of Tata, has made a significant expansion in Odisha by launching three grand stores within 24 hours. This remarkable achievement underscores the brand’s commitment to enhancing its presence in the state and bringing world-class jewellery closer to its patrons. The new stores are located at: Patrapada, ...

Rourkela, October 18, 2024 (TBB Bureau): TBZ-The Original, India’s prestigious and heritage-rich jewellery brand, has officially opened its doors in Rourkela, marking its first store in the Steel Capital of Odisha and its second in the state. The new store, located in Uditnagar, brings the brand’s celebrated legacy of 160 years, established in 1864 in Mumbai’s Zaveri Bazar, to the ...

Mumbai, October 17, 2024 (TBB Bureau): In a significant move to bolster its presence in the South Asian market, Reliance Brands Holding UK Limited (RBL UK), a wholly-owned subsidiary of Reliance Brands Limited, has announced a joint venture with Mothercare Global Brand Limited. This new entity will own the Mothercare brand and its intellectual property across India and neighboring regions, ...

New Delhi, October 17, 2024 (TBB Bureau): India is on course to becoming a global biomanufacturing hub driven by cutting-edge science and technology, Union Minister of State for Science and Technology, Dr. Jitendra Singh, sai on thursday. Addressing the Golden Jubilee celebrations and Milestone Observation Program at the CSIR-NIIST campus in Thiruvananthapuram, Dr. Singh emphasized the need for India to ...

New Delhi, October 17, 2024 (TBB Bureau): In a significant policy shift, the Ministry of Railways has announced a reduction in the Advance Reservation Period (ARP) for train tickets from 120 days to 60 days, effective from November 1, 2024. This change, aimed at improving ticket availability for genuine travellers and reducing the rate of cancellations and no-shows, excludes the ...

Bhubaneswar, October 17, 2024 (TBB Bureau): The Ministry of Education has launched the fifth phase of Yuva Sangam, an inspiring initiative under the Ek Bharat Shreshtha Bharat (EBSB) programme. This unique programme offers youth across India the opportunity to represent their respective states or Union Territories, fostering a deeper understanding of India’s cultural and regional diversity. Interested candidates, aged 18-30, ...

Bhubaneswar, October 17, 2024 (TBB Bureau): The Micro, Small, and Medium Enterprises (MSME) sector in Odisha is undergoing a dynamic digital revolution, propelled by the Confederation of Indian Industry’s (CII) groundbreaking Digital Saksham program. Supported by Mastercard, this innovative initiative is empowering micro enterprises across 13 states and over 55 industrial clusters, bridging the gap between traditional business models and ...

Bhubaneswar, October 17, 2024 (TBB Bureau): The evolution of anaesthesia over the centuries has not only advanced patient safety but also dispelled many myths surrounding its use. Marking Anaesthesia Day on October 16, Dr. Amrita Panda, Head of the Department of Anaesthesiology at KIMS, highlighted the significant progress in the field and the modern safeguards in place to ensure safe ...