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New Delhi, April 1, 2024 (TBB Bureau): Suzuki Motorcycle India Pvt. Ltd. (SMIPL), the two-wheeler subsidiary of Suzuki Motor Corporation, Japan, on Monday announced its unprecedented sales milestone for the fiscal year 2023-24, propelled by robust demand and strategic initiatives. For the first time in its history, SMIPL surpassed the remarkable milestone of selling over 11 lakh units, reaching a ...

New Delhi, April 1, 2024 (TBB Bureau): The Steel Authority of India Limited (SAIL) on Monday reported a remarkable 7 percent surge in saleable steel production, reaching an unprecedented 18.4 million tonnes for the fiscal year ending March 31, 2024 (FY24) as compared to FY23. In addition to the surge in saleable steel, SAIL achieved its highest-ever sales volume, totalling ...

Bhubaneswar, Apr 1, 2024 (TBB Bureau) Tata Power Central Odisha Distribution Limited (TPCODL) joyously celebrated Utkal Divas on Monday, honoring the rich cultural heritage and historical significance of Odisha. Utkal Divas, observed annually on April 1st, commemorates the formation of the Odisha state in 1936. Odisha, renowned for its breathtaking architecture, vibrant art, music, and dance, stands as a testament ...

Paradip Port emerges as top cargo handling Major Port in India for FY24, sets new records Paradip, April 1, 2024 (TBB Bureau) Paradip Port Authority (PPA) has achieved a significant milestone by emerging as the highest cargo handling major port in India for the fiscal year 2023-24, surpassing previous records and nudging past Deendayal Port, Kandla. With an incredible cargo ...

Ahmedabad, April 1, 2024 (TBB Bureau) Adani Ports and Special Economic Zone Ltd (APSEZ) has achieved unprecedented success in the fiscal year 2023-24, surpassing all expectations by handling a record-breaking 420 million metric tonnes (MMT) of cargo, marking a substantial 24% year-on-year increase. The achievement includes both domestic and international ports, with domestic ports contributing over 408 MMT of the ...

Bongaigaon April 1, 2024 (TBB Bureau) KC Muraleedharan on Monday assumed the mantle of Business Unit Head at NTPC Bongaigaon. With a sterling career spanning over thirty years, Muraleedharan brings a wealth of experience and expertise to his new role in Assam’s power sector. A graduate in Mechanical Engineering from Bhopal University, Muraleedharan’s journey with NTPC began in 1989 as ...

TBB BUREAU KOLKATA, MARCH 31, 2024 Coal India Ltd. is poised to achieve a production output of approximately 773.7 million tonnes (MT) for the fiscal year 2023-24 (FY24), representing nearly a 10 per cent increase compared to the previous year, company sources said. Despite this growth, it is anticipated that Coal India may fall slightly short of its target of ...

TBB BUREAU JAMSHEDPUR, MAR 31, 2024 In a poignant ceremony commemorating the International Transgender Day of Visibility, Tata Steel’s West Bokaro Division welcomed a fresh cohort of 14 transgender employees into its fold as trainees for heavy earth moving machinery operators. With this addition, the company’s transgender workforce has now expanded to a total of 120 individuals, reaffirming Tata Steel’s ...

TBB BUREAU NEW DELHI, MAR 31, 2024 State-owned power giant NTPC Ltd. announced on Sunday that it has achieved a record-breaking annual electricity generation of 422 billion units in the fiscal year 2023-24. Notably, NTPC coal stations attained a plant load factor (PLF), or capacity utilization, of 77 percent during this period, as per the statement released by NTPC. India’s ...

TBB BUREAU NEW DELHI, MAR 31, 2024 In a landmark initiative aimed at safeguarding and enhancing India’s cultural legacy, the Sabhyata Foundation has been entrusted with the stewardship of four of the country’s most iconic monuments as part of the visionary “Adopt a Heritage 2.0” project initiated by the Ministry of Culture and the Archaeological Survey of India (ASI). This ...

TBB BUREAU NEW DELHI, MAR 31, 2024 Indian Oil Corporation Limited and Japan’s Panasonic Energy Co. Ltd., a subsidiary of the Panasonic Group, have inked a binding term sheet to establish a joint venture dedicated to producing cylindrical lithium-ion cells within India. This collaboration aims to cater to the burgeoning market of electric two-wheelers, three-wheelers, and energy storage systems. The ...

TBB BUREAU JODA/BARBIL, MAR 31, 2024 The 19th Punyatithi of the visionary leader and Founder Chairman of the OP Jindal Group, Om Prakash Jindal, fondly known as Bauji, was observed with great reverence at Barbil Pellet Plant, Kasia, and Tensa iron mines of Jindal Steel & Power (JSP) on Sunday. Across these units, a series of social and spiritual services ...

TBB BUREAU ANGUL, MAR 31, 2024 Drawing profound inspiration from the philanthropic legacy of the late OP Jindal, the esteemed visionary and founder of the OP Jindal Group, Jindal Steel & Power (JSP) orchestrated a remarkable initiative on March 30th. Across various sites within its Angul unit, JSP organised expansive mega blood donation camps, marking the solemn occasion of OP ...

TBB BUREAU BHUBANESWAR, MAR 30, 2024 In a pioneering move, Centurion University, renowned for its community-centric healthcare initiatives, has unveiled the “Healthcare on Wheels” vision care vehicle, marking a historic milestone as the inaugural university-led initiative of its kind in Odisha. This transformative endeavor underscores the university’s steadfast dedication to delivering visionary healthcare solutions to rural Odisha. For years, Centurion ...

TBB BUREAU ANGUL/BHUBANESWAR, MARCH 28, 2024 State-run National Aluminium Company Limited (NALCO) has unveiled its latest product, AL-59 Aluminium Alloy Ingot, targeting the production of conductors for electrical transmission and distribution. This innovation comes in the wake of the launch of the Revamped Distribution Sector Scheme (RDSS) by the Government of India. AL-59 is poised to carve a niche in ...

TBB BUREAU GURUGRAM, MARCH 28, 2024 Honda Motorcycle & Scooter India (HMSI), a renowned two-wheeler manufacturer, proudly announced a significant achievement today, crossing the remarkable milestone of 6 crore domestic sales in India. This historic feat underscores HMSI’s enduring presence and unwavering commitment to the Indian market. Since its inception in 2001 with the introduction of the Activa, Honda has ...

TBB BUREAU LANJIGARH, MAR 28, 2024 The Lanjigarh Unit of Vedanta Limited, India’s premier producer of metallurgical grade alumina and a unit of Vedanta Aluminium, has signed a Memorandum of Understanding (MoU) with the Odisha Skill Development Authority (OSDA) with the aim to upskill more than 1,300 youths in a span of 3 years. Its skill training initiative has supported ...

TBB BUREAU JODA, MAR 27, 2024 Tata Steel’s Joda East Iron Mine (JEIM) celebrates the successful implementation of the revolutionary Wenco Mine Fleet Management System (FMS), marking a significant milestone in the mining industry. This state-of-the-art technology has ushered in a new era for fleet operations at JEIM, driving remarkable advancements in productivity, sustainability, and optimized resource utilization. The introduction ...

TBB BUREAU BHUBANESWAR, MAR 27, 2024 Tata Power, one of India’s largest integrated power companies, was awarded as the ‘Best Employer 2023′ by Kincentric India. This prestigious award acknowledges Tata Power’s journey of transformation deeply rooted in sustainability, inclusion, innovation, and employee development. Tata Power underwent a comprehensive assessment based on the principles of ‘Intent-Design-Experience’, across the themes of organizational ...

TBB BUREAU MUMBAI, MAR 27, 2024 Mining conglomerate Vedanta Ltd has a pipeline of more than 50 active projects and expansions to drive growth, which is expected to generate incremental revenue of over USD 6 billion and incremental USD 2.5-3 billion of annual EBITDA upon completion, a top company executive said at an investor event. These growth initiatives, which the ...

TBB BUREAU BHUBANESWAR, MAR 27, 2024 Bharti Hexacom Limited, a prominent player in the telecommunications sector, is set to open its bid/offer for its initial public offering (IPO) of equity shares on April 3, 2024. The IPO marks a significant milestone for the company as it aims to expand its investor base and achieve the benefits of listing on the ...

TBB BUREAU NEW DELHI, MAR 27, 2024 Israel Aerospace Industries (IAI), a leading aerospace and defense company, has inaugurated AeroSpace Services India (ASI), its Indian subsidiary in New Delhi. The establishment of ASI underscores IAI’s robust collaboration with the Indian government’s ‘Atmanirbhar Bharat’- MAKE IN INDIA initiative, showcasing its dedication to the enduring partnership with DRDO in advancing sophisticated systems ...

TBB BUREAU NEW DELHI, MAR 27, 2024 Bharat Aluminium Company Limited (BALCO), India’s iconic aluminium producer and a unit of Vedanta Aluminium,  has achieved the Aluminium Stewardship Initiative (ASI) Performance Standard V3 Certification for the manufacture and supply of a wide range of primary aluminium products at its facility in Korba, Chhattisgarh. This includes a smelter with two potlines for ...

TBB BUREAU MUMBAI, MAR 27, 2024 Asian Granito India Limited (AGL), a prominent name in India’s Tiles, Engineered Marble, Quartz, and Bathware industry, proudly announces the collaboration with Bollywood heartthrob Ranbir Kapoor as its brand ambassador. Renowned for his charm, versatility, and youthful appeal, Ranbir Kapoor seamlessly embodies the essence of Asian Granito – innovative, dynamic, and continuously evolving. With ...

TBB BUREAU BHUBANESWAR, MAR 27, 2024 Global diversified professional services and investment management company Colliers has clinched a significant Rs 220 crore Design & Build Turnkey assignment from EPIC Designers, a Hong Kong-based sustainable fashion company, to establish its inaugural manufacturing unit in India. EPIC Group has acquired 40 acres of land at the IDCO Industrial Estate in Bhubaneswar, Odisha, ...

TBB BUREAU AHMEDABAD, MAR 26, 2024 Adani Ports and Special Economic Zone Ltd (APSEZ) on Tuesday announced its acquisition of a majority stake in Gopalpur Port Limited (GPL), marking a significant move in the realm of port operations. APSEZ secured a 56% stake from the SP Group and 39% from Orissa Stevedores Limited (OSL) in GPL for a sum of ...

TBB BUREAU NEW DELHI, MAR 26, 2024 In 2023, as residential prices soared, a noticeable trend emerged, favoring under-construction properties for investment and home ownership, according to the latest PropIndex report by Magicbricks, India’s leading real estate platform. The report indicates a significant 7.8% quarter-on-quarter (QoQ) increase in demand for under-construction properties between January and March 2024. Correspondingly, prices experienced ...

TBB BUREAU CHENNAI, MAR 26, 2024 Eurogrip Tyres, India’s leading 2 & 3-wheeler tyre brand, has launched a comprehensive brand campaign focusing on the superior grip of Eurogrip tyres. The campaign highlights ad films featuring M S Dhoni and his CSK team members, Deepak Chahar and Ruturaj Gaikwad, engaged in light-hearted banter drawing parallels between grip while playing cricket and ...

TBB BUREAU BHUBANESWAR, MAR 26, 2024 Domestic primary steelmakers are making significant strides towards achieving their carbon emissions target of less than 2 tonnes of carbon dioxide per tonne of crude steel (tCO2/tcs) by 2030. This target, around the current global average, is expected to be met through measures such as energy transition and increasing production from less carbon-intensive processes. ...

TBB BUREAU SAMBALPUR/BURLA, MAR 24, 2024 TPWODL, the power distribution company serving Western Odisha, swiftly restored a disrupted 33KV line caused by heavy rainfall and strong winds in Padiyabahal and Maneswar areas of Sambalpur district on Thursday, overcoming challenging conditions. The relentless rainfall and strong winds on Wednesday night led to the dangerous tilting of several 33KV poles, posing a ...

TBB BUREAU BERHAMPUR, MAR 24, 2024 In an effort to combat environmental degradation and mitigate the impacts of climate change, Tata Power Southern Odisha Distribution Limited (TPSODL) observed ‘Earth Hour’. This encourages consumers to dedicate 60 minutes to the planet by powering down their lights from 8:30 PM to 9:30 PM on Saturday. The response to this observance has been ...

TBB BUREAU KOLKATA, MAR 24, 2024 The Eastern India Regional Council of the Institute of Company Secretaries of India (ICSI-EIRC) orchestrated a dynamic gathering titled “Fagun,” comprising a seminar followed by a vibrant ‘Holi Meet’ on Saturday, in Kolkata. The event proved to be a convergence of insightful discussions, strategic announcements, and festive celebrations, marking a significant milestone for the ...

TBB BUREAU ANGUL, MAR 24, 2024 Jindal Steel and Power (JSP), situated in Angul, marked Earth Hour 2024 with fervor and enthusiasm on Saturday. The event witnessed the active involvement of Executive Director Pankaj Malhan, alongside Damodar Mittal, Executive Director overseeing the Angul location, and the entire Jindal Nagar community, including residents and members of the local populace. As part ...

TBB BUREAU SAMBALPUR, MAR 24, 2024 Mahanadi Coalfields Limited (MCL) has made history by becoming the first company ever to achieve the remarkable milestone of 200 million tonnes (MT) of coal production in a single financial year, setting a new benchmark in the coal sector. A wave of jubilation swept across MCL, which operates in Angul, Jharsuguda, and Sundargarh districts ...

TBB BUREAU BHUBANESWAR, MAR 23, 2024 In a significant milestone for healthcare in Odisha, Kalinga Hospital Ltd. (KHL) in Bhubaneswar inaugurated its latest expansion, epitomizing a steadfast commitment to advancing healthcare standards within the community. Inaugurated by Odisha Governor Raghubar Das, the newly unveiled Dr. SK Dash Block — solely funded by KHL Chairman Dr. Sita Kantha Dash — showcases ...

TBB BUREAU BHUBANESWAR/NEW DELHI, MARCH 23, 2024 Jindal Steel & Power Chairman Naveen Jindal has been unanimously elected as the President of the Indian Steel Association (ISA), the apex body for steel producers. This unanimous election by the apex committee underscores his leadership and deep-rooted expertise in the sector. Naveen Jindal assumes this esteemed position following the tenure of Dilip ...

TBB BUREAU BHUBANESWAR, MARCH 23, 2024 AIC-Nalanda, a renowned technology business incubator, on Saturday declared the winners of its cohort of HDFC Parivartan Startup Grants, dedicated to supporting startups focusing on “Building Green Solutions for Smart Cities.” This initiative marks a significant stride towards sustainable development and innovation in the startup ecosystem. After a rigorous selection process, AIC-Nalanda carefully selected ...

TBB BUREAU BHUBANESWAR, MARCH 22, 2024 In a concerted effort to drive community upliftment, Tata Power-led Odisha Discoms have trained over 4,500 individuals through their vocational training centers across the state. The initiative is in line with Government of Odisha’s Skill development initiative which focusses on strengthening the skilling ecosystem and opening new avenues for youth. The vocational training courses ...

TBB BUREAU BHUBANESWAR, MARCH 22, 2024 Jindal Stainless, India’s largest stainless steel manufacturer, has been honoured with the Indian Chamber of Commerce (ICC)’s prestigious Corporate Governance and Sustainability Vision Awards 2024 in the ‘Corporate Governance’ category for its efforts in upholding transparent operations within the organisation. On behalf of the Company, Jindal Stainless Head – Legal and Company Secretary Navneet ...

TBB BUREAU RAJGANGPUR, MARCH 22, 2024 Dalmia Vidya Mandir (DVM) in Rajgangpur on Friday hosted a Pre-Primary Graduation Ceremony, marking a significant milestone in the academic and holistic growth of its students. The event, held at the school premises, was a celebration of achievement and inspiration for the young learners. Principal Jaydeb Kar and Headmistress Ila Mohapatra of DVM Rajgangpur ...

TBB BUREAU BHUBANESWAR, MARCH 22, 2024 BIBA, India’s leading fashion brand, on Friday announced the grand unveiling of its latest summer collection themed “Har Nazar Mein Kuch Naya” at its flagship store in Bhubaneswar, Odisha. This launch marks another significant milestone in BIBA’s journey of bringing unparalleled fashion to the heart of India. Adding to the excitement, the event will ...

TBB BUREAU GURUGRAM, MARCH 22, 2024 Samsung has unveiled its latest offering in India, introducing the Galaxy Book 4 laptop to eager consumers. This debut follows closely on the heels of the launch of the Galaxy Book 4 Pro 360, Galaxy Book 4 Pro, and Galaxy Book 4 360 laptops by the South Korean tech giant. Priced competitively, the Samsung ...

TBB BUREAU ANGUL, MARCH 22, 2024 Jindal Steel & Power (JSP) commemorated the birthday of Savitri Jindal, the esteemed Chairperson Emeritus of OP Jindal Group, with a heartfelt display of solidarity and service towards socially vulnerable and underprivileged communities. In honour of this special day, JSP Foundation, the corporate social responsibility (CSR) arm of JSP, extended its outreach to uplift ...

TBB BUREAU NEW DELHI, MARCH 22, 2024 As the world commemorates World Water Day under the theme ‘Water for Peace’, Vedanta Aluminium, India’s largest producer of aluminium, announces the recycling of over 15 billion litres of water across its operations during FY24. For context, this quantity is roughly equivalent to 6,000 Olympic-size swimming pools. Further, it has helped restore over ...

TBB BUREAU NEW DELHI, MARCH 22, 2024 Honda Cars India Ltd. (HCIL), a leading manufacturer of premium cars in India, celebrated a historic milestone today as its Made-in-India Honda Elevate was launched in the Japanese market under the brand name WR-V. For the first time in HCIL’s business history, a model is being exported from India to Japan, marking a ...

TBB BUREAU BONGAIGAON, MARCH 22, 2024 NTPC Bongaigaon reaffirmed its unwavering commitment to water conservation by commemorating World Water Day on its premises on Friday. In a vibrant display of solidarity, employees and their families participated in a spirited walkathon, dedicated to raising awareness about the critical importance of preserving water resources. The event, spearheaded by the Environmental Management Group ...

TBB BUREAU MUMBAI, MAR 21, 2024 In a significant move towards bolstering electric vehicle (EV) infrastructure in India, Mahindra & Mahindra, a prominent SUV manufacturer, has inked a memorandum of understanding (MoU) with Adani Total Energies E-Mobility Limited (ATEL). The collaboration aims to expand the EV charging network across the nation. Under the MoU, Mahindra and ATEL, a subsidiary of ...

TBB BUREAU BHUBANESWAR, MARCH 21, 2024 Sreeleathers, a venerable name in the Indian footwear industry with a heritage spanning 70 years, achieved a significant milestone with the inauguration of its newest showroom in Patrapada, Bhubaneswar. This latest addition, marking the brand’s 9th showroom in Odisha, offers a diverse collection of world-class footwear, leather accessories, bags, travel gear, sports shoes, and ...

TBB BUREAU NEW DELHI, MARCH 21, 2024 Shyam Metalics revealed its ambitious plans on Wednesday, intending to invest Rs 450 crore to inaugurate a state-of-the-art greenfield aluminium project in Odisha. The proposed project aims to manufacture aluminium flat rolled products with an impressive annual capacity of 60,000 metric tonnes, as outlined in a statement released by Shyam Metalics. “Shyam Metalics ...

TBB BUREAU KALINGANAGAR, MAR 21, 2024 Jindal Stainless Limited marked the International Day of Forests on Thursday with a series of impactful initiatives focused on promoting environmental consciousness and preserving biodiversity at its Jajpur plant. Central to the celebration was a sapling distribution program, where a variety of fruit-bearing trees including mango, jamun, bel, guava, and lemon were distributed among ...