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Author Archives: Editor

ADIA to invest Rs 4,966.80 crore in Reliance Retail for 0.59 pc stake

TBB BUREAU MUMBAI, OCT 6, 2023 Abu Dhabi Investment Authority will invest Rs 4,966.80 crore into Reliance Retail Ventures Limited for a 0.59 per cent stake in the company, said Reliance Industries. ”This investment values RRVL at a pre-money equity value of Rs 8.381 lakh crore (USD 100.83 billion), which makes it among the top four companies by equity value ...

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OMC, Hindalco join hands for industrial growth in Odisha

TBB BUREAU BHUBANESWAR, OCT 5, 2023 In a significant move to bolster Odisha’s commitment to deliver long term raw material security for sustainable business, the Odisha Mining Corporation (OMC) and Aditya Birla Group company Hindalco Industries Limited on Thursday signed a Memorandum of Understanding (MoU) for the Long-Term Linkage of Raw Material for HINDALCO Alumina Refinery at Kanshariguda in Rayagada ...

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Yes Securities sees rise in investors’ interest in Odisha; records 2x growth in demat accounts since 2022

TBB BUREAU BHUBANESWAR, OCT 5, 2023 Leading financial services company Yes Securities has witnessed a 75 per cent rise in opening of new demat accounts in Odisha since 2022. With this surge in equity investments from across Odisha, Bhubaneswar tops the list by witnessing a 60 per cent increase in demat accounts holding in the past 1 year. The company ...

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Satyendra Prasad Narala new Managing Director of Regency Ceramics

TBB BUREAU HYDERABAD, OCT 5, 2023 The shareholders of Regency Ceramics Limited have approved the appointment of Satyendra Prasad Narala as the company’s Managing Director. Satyendra Prasad moves up from his current position of Whole-time Director and CFO to Managing Director to guide the revival of the company. As Managing Director, Satyendra Prasad is tasked with re-crafting the Regency success ...

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Gandhi Peace Centre organises “Remembering Bapu”

TBB BUREAU BHUBANESWAR, OCT 3, 2023 A programme titled “Remembering Bapu” was organised at the Aditya Birla Group-run Gandhi Peace Centre here on Tuesday to remember the Father of the Nation. The event was graced by Odisha Governor Governor Prof. Ganeshi Lal. Also present on the occasion were Odisha Minister Ashok Kumar Panda, Culture Department Director Dilip Routray, Bhubaneswar Municipal ...

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Bank of Baroda awarded PCI DSS compliance certificate by SISA

TBB BUREAU MUMBAI, OCT 3, 2023 Bank of Baroda has been awarded the prestigious Payment Card Industry Data Security Standard (PCI DSS) compliance certificate by SISA, a leading forensics-driven cybersecurity solutions company. This accreditation is an internationally recognised Information Security Standard that certifies the secure handling of debit and credit card transactions by Bank of Baroda and the protection of ...

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NTPC Coal Mining group registers best ever H1 performance in FY24

TBB BUREAU RANCHI, OCT 1, 2023 NTPC Limited delivered stellar half yearly (H1) performance in FY 2023-24, in producing coal from its four operational captive coal mines i.e. Pakri Barwadih and Chatti-Bariatu Coal Mines in Jharkhand, Dulanga Coal Mine in Odisha and Talaipalli Coal Mine in Chhattisgarh. In FY 22-23, NTPC had produced 23.20 MMT of coal from its four ...

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Jindal Steel & Power Lays Foundation Stone for Grand Shiv Temple at Deojhar

TBB BUREAU JODA/BARBIL, SEPT 30, 2023 Embracing the spirituality and the community aspiration, Jindal Steel & Power Chairman Naveen Jindal and JSP Foundation Chairperson Shallu Jindal laid the foundation stone for a magnificent Shiv Temple, ‘Devalaya,’ in the heart of Devbhoomi, Jindal Nagar in Barbil on Friday. This auspicious occasion was graced with  the presence of Padmasri Tulsi Munda, JSP ...

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NML signs CMDPA with Coal Ministry for its North Dhadu coal mine

TBB BUREAU RANCHI, SEPT 30, 2023 NTPC Mining Limited (NML) signed the Coal Mine Development and Production Agreement (CMDPA) for its first commercial coal mine, North Dhadu (Eastern Part), won by NML in the 7th Tranche of Commercial Coal Auction round. The Agreement was signed between the Government of India through Nominated Authority, Ministry of Coal (MoC) and CEO, NML. ...

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Centurion University organises training on pearl culture

TBB BUREAU BHUBANESWAR, SEPT 30, 2023 The Centurion University of Technology & Management, Bhubaneswar in association with the Society for Agricultural Research & Management (SARM) organized a hands-on training on “Pearl Culture” at CUTM Campus, here on Thursday. The training programme was organized under the chairmanship of CUTM Dean (SoAS) Dr. Yashaswi Nayak. Manoj Kumar Bisoi, an Agripreneur from Samantarapur ...

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Industry-Academia collaborations paving way for a skilled India

Prof. Sitikantha Mishra   We all witnessed how women scientists of Chandrayaan-3 mission played a crucial role in ensuring its success. Over 100 women scientists and engineers are reported to have been involved in this mission, which culminated in India landing its lunar rover on August 23 and becoming the first country to put a spacecraft near the moon’s South ...

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Hindi Pakhwada concludes at NTPC Coal Mining HQ

TBB BUREAU RANCHI, SEPT 29, 203 Hindi Pakhwada closing ceremony was held at NCPC Coal Mining Headquarters here on Friday, with Chief General Manager (SSC -C&M)  Naveen Jain gracing the programme as the chief guest. Addressing the gathering Jain said that the use of Hindi language is not easy without regular practice as practice only makes a man perfect, so ...

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Vedanta announces demerger of diversified businesses unlocking significant value

TBB BUREAU NEW DELHI/LONDON, SEPT 29, 2023 Vedanta Limited, India’s largest diversified natural resources company with a significant global footprint announces its plan to demerge its business units into independent “pure play” companies to unlock value and attract big ticket investment into the expansion and growth of each of the businesses. Vedanta is committed to best-in-class ESG practices and has ...

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KALINGA Hospital organises cyclothon to mark World Heart Day

TBB BUREAU BHUBANESWAR, SEPT 29, 2023 City-based KALINGA Hospital Ltd. (KHL) Bhubaneswar organised a cycle rally (Cyclothon) on Friday to mark the World Heart Day and make people aware of heart-related diseases. During the event, the participants were told about the importance of cycling for maintaining a healthy heart. “The accomplishments of this Cyclothon event is a result of Kalinga ...

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Consolidating No. 1 position, Jio adds highest new subscribers in Odisha in July: TRAI Data

TBB BUREAU BHUBANESWAR, SEPT 29, 2023 Continuing its excellent march as the most preferred digital service provider in the state, Reliance Jio has added the highest number of new mobile subscribers in the month of July. As per the latest telecom subscriber data released by Telecom Regulatory Authority of India (TRAI), Reliance Jio has added nearly 1.42 lakh new mobile ...

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‘Suta’ comes home with launch of new retail outlet in Bhubaneswar

TBB BUREAU BHUBANESWAR, SEPT 29, 2023 Suta, the design house that centers on creating a range of attire with a blend of tradition and contemporaneity, expanded its retail footprint with the opening of a new retail outlet in Bhubaneswar on Friday. Located at Samanta Vihar, Chandrasekharpur in the Capital City of Odisha, this store is Suta’s seventh brick-and-mortar store and ...

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Tata Steel inks pact with IOCL to further reduce carbon footprint

TBB BUREAU BHUBANESWAR, SEPT 28, 2023 To further reduce carbon footprint at its Ferro Alloys Plants, Tata Steel’s Ferro Alloys and Minerals Division (FAMD) has signed an agreement with Indian Oil Corporation Limited (IOCL) and its business associate. The agreement encompasses LPG supply, installation of LPG facilities, and the operation and maintenance of the same at the company’s Ferro Alloys ...

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Union Coal Ministry, NTPC and NML sign Deed of Adherence

TBB BUREAU RANCHI, SEPT 28, 2023 Union Coal Ministry, energy giant NTPC and NML on Wednesday signed the  Deed of Adherence (DoA) for  Badam, Talaipalli, Chatti Bariatu and Chatti Bariatu (South), Kerandari and Dulanga Coal mines. The signing-in ceremony was held at the Conference Hall of the Ministry of Coal in the presence of M Nagaraju, Nominated Authority and Additional ...

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Emami acquires 26pc strategic stake in Axiom Ayurveda

TBB BUREAU KOLKATA, SEPT 28, 2023 “Emami Limited, one of the leading personal care and healthcare companies in India on Thursday announced its foray into juice category with ‘AloFrut’ through strategic investment in Axiom Ayurveda Pvt Ltd and its subsidiaries/associates by acquiring 26 per cent equity stake for an undisclosed amount. Axiom markets beverage products under the brand “AloFrut,” said ...

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National Innovation Challenge: Centurion University’s Pratyush Kumar Das gets 3rd prize

TBB BUREAU BHUBANESWAR, SEPT 28, 2023 In a resounding triumph for Centurion University, Pratyush Kumar Das, Assistant Professor in the School of Agricultural and Bio Engineering, has secured the third prize in the ‘Ideation Category’ at the national-level ILS Innovation Challenge. The competition, organized by DBT – Institute of Life Sciences (ILS) and supported by BIRAC, DST-Government of Odisha, and ...

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GreenCell Mobility secures Rs 1.25 bn Project Finance Facility from StanChat for Surat E-Mobility project

TBB BUREAU BHUBANESWAR, SEPT 28, 2023 GreenCell Mobility, a pioneer in India’s electric mobility sector,  has secured a green Project Finance loan for its Surat E-Mobility project in collaboration with Standard Chartered Bank, which served as the sole mandated arranger, lender, and green loan coordinator for the Rs 1.25 billion Project Finance Facility. The Surat E-Mobility project, which consists of ...

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Monument Mitra Dalmia Bharat introduces special offering for schools for unique experience of history at Red Fort

TBB BUREAU NEW DELHI, SEPT 28, 2023 Dalmia Bharat Limited, India’s leading cement manufacturing company and Monument Mitra – Red Fort has announced a special offering for schools for an immersive educational experience at the historic Red Fort in New Delhi. Through this initiative, it strives to spark curiosity and instill a sense of pride in young learners about India’s ...

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Harleen Deol unveils Vedanta Delhi Half Marathon Race Day Tee

TBB BUREAU NEW DELHI, SEPT 27, 2023 PUMA athlete and cricketer Harleen Deol on Wednesday unveiled an exclusive Race Day Tee for the Vedanta Delhi Half Marathon, scheduled to be held in New Delhi on October 15, 2023. The fastest sports brand in the world, PUMA has been a long-standing partner of the Vedanta Delhi Half Marathon, and will present ...

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Vedanta Aluminium, OSPCB Jharsuguda raise awareness on Ozone layer conservation

TBB BUREAU BHUBANESWAR, SEPT 27, 2023 Vedanta Aluminium conducted an awareness campaign among students on the occasion of World Ozone Day recently, in association with the Regional Office of the Odisha State Pollution Control Board (OSPCB) and Badmal Panchayat Government School, Jharsuguda. The event was graced by several distinguished attendees, including HK Nayak, Regional Officer – Odisha State Pollution Control ...

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Sand art from NALCO at Puri Beach

TBB BUREAU BHUBANESWAR, SEPT 27, 2023 To create awareness on Swachhata and other national campaigns like Azadi Ka Amrit Mahotsav and G20, aluminium major NALCO commissioned the services of the internationally acclaimed sand artist Manas Sahoo for creating a sand art at the Golden Sea Beach at Puri, which has a very high footfall of tourists. The sand art was ...

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TPREL to set up 41 MW captive solar plant in Tamil Nadu for TP Solar

TBB BUREAU BHUBANESWAR, SEPT 27, 2023 Tata Power Renewable Energy Ltd (TPREL), a subsidiary of Tata Power Company Limited, will set up a 41 MW captive solar plant at Thoothukudi, Tamil Nadu for TP Solar’s new greenfield 4.3 GW solar cell and module manufacturing facility located at Tirunelveli, Tamil Nadu. The captive plant will help generate 101 million units of ...

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Vedanta Lanjigarh honoured for its contribution towards Ni-Kshay Mitra Program

TBB BUREAU LANJIGARH, SEPT 27, 2023 Vedanta Limited Lanjigarh, India’s premier producer of metallurgical grade alumina, was felicitated by the Chief District Medical & Public Health Officer, Kalahandi for its outstanding contribution towards the Ni-Kshay Mitra program in Kalahandi district. The Ni-Kshay Mitra program, a pivotal component of the Ayushman Bhav initiative of the Central Government, focuses on providing specialized ...

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Over 3,700 offline retailers from Odisha part of ‘Local Shops on Amazon’ now

TBB BUREAU BHUBANESWAR, SEPT 27, 2023 E-commerce major Amazon has onboarded more than 3,700 retailers in Odisha on its platform through its programme ‘Local shops on Amazon’. The programme was launched in 2020, which attracts retail shop owners to list their business on the platform for increased sales and presence. The company has retailers from Bhubaneswar, Jajpur, Bhadrak, Puri, Nabarangapur ...

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On World Environment Health Day, Vedanta Aluminium renews pledge on sustainable environment stewardship

TBB BUREAU NEW DELHI, SEPT 26, 2023 On the occasion of World Environment Health Day, Vedanta Aluminium, the largest aluminium producer in India, reaffirms its commitment to fostering sustainable ecosystems within the vicinity of its operations through comprehensive initiatives focused on environmental preservation, conservation and augmentation. Through these, Vedanta Aluminium is on a mission to create an ecologically promising future ...

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PNB, REC enter into strategic partnership

TBB BUREAU NEW DELHI, SEPT 26, 2023 In a significant development aimed at bolstering the country’s economy and infrastructure, Punjab National Bank (PNB) has signed a Memorandum of Understanding (MoU) with REC Ltd., a Maharatna company under the administrative control of the Ministry of Power and registered with RBI as a non-banking finance company (NBFC), Public Financial Institution (PFI) and ...

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Heartfulness Institute signs MoU with ‘4 per 1000’ Initiative on Soil Health

TBB BUREAU HYDERABAD, SEPT 26, 2023 In yet another milestone partnership, Heartfulness Institute signs an MoU with Bioversity (which is a part of the Alliance of Bioversity International & CIAT) on behalf of the Executive Secretariat of the ‘4 PER 1000’ Initiative. The objective of the MoU is to enhance cooperation between ‘4 PER 1000’ and Heartfulness and to identify ...

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Tata Steel sends five of its cadets to represent India at Asian Games 2023

TBB BUREAU MUMBAI, SEPT 26, 2023 Five star cadets from Tata Steel’s two sports academies are representing India at the Asian Games 2023 being held in Hangzhou, China from September 23. The contingent from Tata Steel sports academies includes Ankita Bhakat, Bhajan Kaur and Mrinal Chauhan from Tata Archery Academy and Aman Verma and Anisha Verma from TSAF Sport Climbing ...

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Tata Steel Foundation honours two Odia mountaineers

TBB BUREAU BHUBANESWAR, SEPT 26, 2023 Tata Steel Foundation celebrated the remarkable achievements of two of its employees who recently conquered the towering Mt. Kilimanjaro, Africa’s highest peak. On returning from the expedition, the mountaineers — Satyabrata Das and Nakmani Nilima Hembrom — were felicitated for their incredible accomplishment by Odisha Skill Development Minister Pritiranjan Gharai, at his residence here ...

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ACC & Ambuja Cements recognised as ‘Iconic Brands of India 2023’

TBB BUREAU MUMBAI, SEPT 26, 2023 ACC and Ambuja Cements, the cement and building material companies of the diversified Adani Group, have been recognised as ‘Iconic Brands’ at the 6th edition of ‘The Iconic Brands of India’ by The Economic Times. ACC and Ambuja Cements were commemorated for their remarkable journey as brands and stalwarts of the cement industry. This ...

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JSW Jajang Iron Ore Mine bags OSPCB Pollution Control Appreciation Award

TBB BUREAU BHUBANESWAR, SEPT 26, 2023 JSW Steel, India’s leading steel company and part of US $23 billion JSW Group, has bagged the esteemed ‘Pollution Control Appreciation Award from The Odisha State Pollution Control Board (OSPCB) at OSPCB’s 40th Foundation Day celebration. JSW Steel’s efforts have been centered around comprehensive environmental management practices at the JSW Jajang Iron Ore Mine, ...

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UTI Mutual Fund to open new financial centres at Angul and Puri

TBB BUREAU BHUBANESWAR, SEPT 26, 2023 UTI Asset Management Company (UTI AMC) has announced a significant expansion in its distribution reach with the launch of 29 new financial centers which will be inaugurated on Friday. This strategic move reflects UTI AMC’s commitment to providing better financial services and accessibility to investors, further strengthening its presence in the financial industry across ...

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Bajaj Pulsar N150 launched at Rs. 1.18 lakh in Odisha

TBB BUREAU BHUBANESWAR, SEPT 26, 2023 Bajaj Auto has launched its newest two-wheeler offering in Odisha, the Pulsar N150, on Tuesday at a price tag of Rs 1,18,701 (ex-showroom, Odisha). The Pulsar N150 borrows its design elements from the larger Pulsar N160. It features a futuristic-looking headlight that comprises an LED projector at the centre and two LED DRLs on ...

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Bank of Baroda expands its footprint in Jharkhand

TBB BUREAU RANCHI, SEPT 25, 2023 Bank of Baroda (BoB) has expanded its footprint in Jharkhand by inaugurating its new Regional Office in Ranchi and opening a new branch -its 122nd branch – in Gurdari Village in a remote location in Gumla district of the State. BoB Executive Director Joydeep Dutta Roy inaugurated the Regional Office in Ranchi, while the ...

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TPCODL paves way for a secure and joyful festive season

TBB BUREAU BHUBANESWAR, SEPT 24, 2023 TP Central Odisha Distribution Limited (TPCODL) is committed to provide a seamless and uninterrupted power supply during the ensuing festive season. As part of its firm commitment to safety, TPCODL has implemented a range of initiatives and issued essential safety guidelines for temporary structures and pandals. To ensure safety and reliability during the festive ...

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Kalyan Jewellers opens 3rd showroom in Bhubaneswar

TBB BUREAU BHUBANESWAR, SEPT 24, 2023 Kalyan Jewellers, one of India’s most trusted and leading jewellery brands, on Sunday launched its new showroom at Master Canteen Square in Bhubaneswar, taking its branch count in Odisha to five. The showroom was inaugurated by Bollywood star Janhvi Kapoor in presence of Kalyan Jewellers’ CEO Sanjay Raghuraman. Inaugurating the showroom, Janhvi Kapoor, said, ...

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Centurion University invites applications for CUEE-2024

TBB BUREAU BHUBANESWAR, SEPT 23, 2023 A pioneer in skill-integrated higher education in India, Odisha’s Centurion University of Technology and Management (CUTM), has invited applications for the Centurion University Entrance Examination (CUEE) 2024. CUTM Vice Chancellor Prof. Supriya Pattanayak, along with Director of Admissions & Marketing Sukanta Parida, declared the admissions open while inviting applications for 63 programmes across 14 ...

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24 World Skill Center students secure placement in Tata Steel

TBB BUREAU BHUBANESWAR, SEPT 23, 2023 Students completing advanced skilling courses at the World Skill Center Bhubaneswar are offered placement opportunities in various national and international organizations. At the second campus recruitment drive by Tata Steel this year, 24 students of this premier skill institution have been selected. The selected students from the 2021-22 batch of the School of Engineering ...

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Union Minister Piyush Goyal underlines Govt’s commitment to improving ease of doing business in India

TBB BUREAU NEW DELHI, SEPT 23, 2023 Union Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution and Textiles Piyush Goyal on Saturday underlined the Government’s commitment to improving the ease of doing business in India, making it easier to start and run businesses. Addressing the Bada Business’s ‘Entrepreneurs Launchpad’ event held here today, he highlighted the success ...

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Tata Steel holds dengue awareness drive in Joda

TBB BUREAU JODA, SEPT 23, 2023 In a bid to combat spread, and raise awareness about dengue among the communities, Tata Steel Foundation (TSF) has started a campaign in Joda municipality and its surrounding villages under Jalhari, Jurudi and Jaganj gram panchayats of Keonjhar district. The awareness drive is being conducted through intense fogging, spraying of anti-larva, public address system ...

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Container terminal at Paradip Port can bring business worth Rs 20000 crore to Odisha: JSL’s Venkateswara Rao

TBB BUREAU BHUBANESWAR, SEPT 23, 2023 A dedicated container terminal at Odisha’s Paradip Port has the potential to bring as much as Rs 20,000 crore worth of business to the state exchequer, said Jindal Stainless Ltd Head-Logistics, Venkateswara Rao while addressing the Logistics Summit today. Presently, this quantum of business benefits the states of Andhra Pradesh and West Bengal. Odisha, ...

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PM to flag off nine Vande Bharat Express on Sunday

TBB BUREAU NEW DELHI, SEPT 23, 2023 Prime Minister Narendra Modi will flag off nine Vande Bharat trains on Sunday via videoconferencing. The new trains that will be flagged off are: Udaipur –Jaipur Vande Bharat Express, Tirunelveli-Madurai- Chennai Vande Bharat Express, Hyderabad–Bengaluru Vande Bharat Express, Vijayawada – Chennai (via Renigunta) Vande Bharat Express, Patna – Howrah Vande Bharat Express, Kasaragod ...

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Union Bank of India’s Tier-II Bonds get AAA Rating

TBB BUREAU MUMBAI, SEPT 22, 2023 Union Bank of India’s Basel III compliant Tier-II and Tier-I Bonds rated by CARE Ratings Limited have been upgraded to AAA and AA+, respectively with stable outlook. The ‘stable’ outlook reflects CARE Ratings’ expectation that Union Bank of India will continue to maintain its steady growth in advances, deposits, and a healthy profitability profile ...

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World Rose Day: Vedanta-run BALCO Medical Centre bolsters cancer care in India

TBB BUREAU NEW DELHI, SEPT 22, 2023 On World Rose Day, Vedanta’s BALCO Medical Centre (BMC), one of India’s leading cancer care hospitals, reaffirms its commitment to providing quality healthcare service to cancer patients, especially those hailing from rural India. The state-of-the-art cancer treatment centre, which commenced operations in 2018, has since gone on to establish itself as a national ...

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