TBB BUREAU PUNE, APR 6, 2023 Birla Estates, the real estate arm of Century Textiles and Industries, has entered the Pune residential real estate market by acquiring 5.76 acres of land in Sangamwadi, a central business district in the city. The company plans to develop a premium residential project on the land parcel, which has a development potential of over ...
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India plans to add 50 GW of renewable energy capacity annually for next 5 years to achieve 500 GW target by 2030
TBB BUREAU NEW DELHI, APR 5, 2023 The Union Government has decided to invite bids for 50 GW of renewable energy capacity annually for the next five years i.e., from Financial Year 2023-24 till Financial Year 2027-28. These annual bids of ISTS (Inter-State Transmission) connected renewable energy capacity will also include setting up of wind power capacity of at least ...
Read More »Honda Amaze celebrates glorious 10 years in India
TBB BUREAU NEW DELHI, APR 5, 2023 Leading manufacturer of premium cars Honda Cars India (HCIL) is commemorating the 10th anniversary of its popular family sedan, Honda Amaze. The car, first introduced in India in April 2013, has since become Honda’s best-selling model and holds a strong market position in its segment and the industry. The Amaze has brought joy ...
Read More »Vedanta Aluminium celebrates Odisha’s rich culture & heritage on Utkal Divas
TBB BUREAU JHARSUGUDA/LANJIGARH, APR 4, 2023 Vedanta Aluminium, India’s largest producer of aluminium, celebrated Odisha’s rich culture and heritage on the occasion of the 88th Utkal Divas, across its operations in Jharsuguda and Lanjigarh. In a grand ceremony at its smelter operations in Jharsuguda, the company felicitated noted sculptor Sudarshan Sahoo and renowned doctor Dr. Shankar Ramchandani, popularly known as ...
Read More »BALCO signs pact with SRIPL to source hybrid renewable power for ops
TBB BUREAU NEW DELHI, APR 4, 2023 Bharat Aluminium Company Ltd (BALCO) has entered into an agreement with Serentica Renewables India Private Ltd (SRIPL) to set up a special purpose vehicle to source hybrid renewable power for its aluminium operations in Chhattisgarh. BALCO is a subsidiary of mining major Vedanta Ltd. “BALCO has entered into a Power Delivery Agreement (PDA) ...
Read More »Naval Tata Hockey HPC hosts first ever ‘Hockey Summer Camp’ for children at Kalinga Stadium
TBB BUREAU BHUBANESWAR, APR 4, 2023 The Odisha Naval Tata Hockey High Performance Centre (ONTHPC) organised the first-ever ‘Hockey Summer Camp 2023’ for children aged 6-16 years at Kalinga Stadium here, in association with the Department of Sports and Youth Services, Government of Odisha. Running from April 3 to 22, the camp aims to instill a passion for hockey among ...
Read More »RSP wins Grow Care award
TBB BUREAU ROURKELA, APR 4, 2023 SAIL-run Rourkela Steel Plant (RSP) has been conferred with the prestigious ‘Gold Awards’ for Grow Care India CSR Education Award 2022 and Grow Care Environment Excellence Award 2022 in a glittering function held at India International Centre in New Delhi on Monday. Grow Care Environment Excellence Award 2022 was bestowed upon RSP for its ...
Read More »Effective disposal of BOF slag helps RSP generate huge revenue, ensure uninterrupted production
TBB BUREAU ROURKELA, APR 4, 2023 Effective disposal of Basic Oxygen Furnace (BOF) slag with waste by the Material Recovery Department (MRD) of Rourkela Steel Plant (RSP) has helped in generating huge revenue and created space for future dumping of slag, thus ensuring uninterrupted production. The MRD has taken an initiative to dispose of accumulated LD/BF slag in association with ...
Read More »Jubilation marks 32nd Foundation Day at MCL
TBB BUREAU SAMBALPUR, APR 4, 2023 Mahanadi Coalfields Limited (MCL) on Monday celebrated its 32nd Foundation Day with much fervour, celebrating a momentous performance during the last financial year. A series of events were organised at the company headquarters, beginning with a “Run For Excellence”, in which all the Functional Directors, former Chairman-cum-Managing Directors (CMD), employees and their family members ...
Read More »With its new look & unique features, airindiaexpress.com witnesses surge in bookings
TBB BUREAU BHUBANESWAR, APR 4, 2023 airindiaexpress.com, the unified customer interface of Air India Express and AirAsia India – the two subsidiary airlines of Air India, has witnessed a surge of visitors within days of launch with the platform, contributing over 25 per cent of international flight revenue on the first day itself, making it the dominant single source of ...
Read More »Logistics has become the centerpiece of India’s policy: Piyush Goyal
TBB BUREAU NEW DELHI, APR 4, 2023 Union Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal said that logistics has become the centerpiece of India’s policy making in its journey towards becoming a developed nation and a leader in international trade. He also said that express delivery of services has transformed through innovative ...
Read More »NBHC appoints Vinod Kumar as Managing Director & CEO
TBB BUREAU NEW DELHI, APR 4, 2023 National Bulk Handling Corporation (NBHC), an agritech company that provides post-harvest service, on Tuesday announced the appointment of Vinod Kumar as its Managing Director and CEO. He takes over the reins of the company from Ramesh Doraiswami, who is leaving the company to pursue his personal and professional interests. As the Managing Director ...
Read More »SBI Life Insurance ties up with Karur Vysya Bank to market insurance schemes
TBB BUREAU CHENNAI, APR 3, 2023 SBI Life Insurance, one of the most trusted private life insurers in the country, has entered a corporate agency tie-up with Karur Vysya Bank (KVB) to market its insurance schemes through KVB branches in India. KVB is a major player in the South with strong presence in urban, semi-urban and rural locations. With more ...
Read More »Honda Cars India records 7pc annual sales growth in FY23
TBB BUREAU NEW DELHI, APR 1, 2023 Honda Cars India Ltd. (HCIL), leading manufacturer of premium cars in India, registered annual domestic sales of 91,418 units during financial year (FY23) 2022–23, recording 7 per cent growth over last financial year. The company had sold a total volume of 85,609 units during FY 2021-22. HCIL exported a total volume of 22,722 ...
Read More »Paradip Port handles highest annual traffic in country, offers cheapest vessel & cargo related charges
TBB BUREAU BHUBANESWAR, APR 2, 2023 Driven by various system improvement measures, Paradip Port has handled a record annual traffic of 135.36 million metric tonnes (MMT) in the financial year 2022-23 (FY23) against 116.13 MMT in the 2021-22 fiscal, while assuring port users of cheapest cargo and vessel related cgarges. Addressing a press conference in Bhubaneswar on Sunday, Paradip Port ...
Read More »Suzuki Motorcycle India registers a record-breaking sale of 97,584 units in March 2023
TBB BUREAU NEW DELHI, APR 2, 2023 Two-wheeler maker Suzuki Motorcycle India has posted a 49 per cent jump in its vehicle sales at 97,584 units in March this year over the same month of 2022, the company said on Sunday. The company sold 73,069 units in the domestic market and exported 24,515 units in the previous month, Suzuki Motorcycle ...
Read More »NTPC registers best ever performance; crosses 23MT coal production in FY23
TBB BUREAU RANCHI, APR 1, 2023 The Coal Mining Division of energy giant NTPC Ltd, under the leadership of NTPC Chairman & Managing Director Gurdeep Singh, has registered a phenomenal year-on-year (Y-o-Y) growth of 65 per cent with the production of 23.20 million tonnes (MT) of coal in the financial year 2022-23 (FY23) as compared to 14.02 MT in FY22. ...
Read More »Kalinga Hospital celebrates Utkal Divas; felicitates over 80 employees for long & dedicated service
TBB BUREAU BHUBANESWAR, APR 1, 2023 Kalinga Hospital Ltd. (KHL) Bhubaneswar, a leading healthcare provider of Odisha celebrated Utkal Divas with pomp and gaiety to commemorate the formation of Odisha as a separate province. A special function was organised to mark the glorious occasion. It was graced by eminent personalities of Odisha like Justice Choudhury Pratap Keshari Mishra of Orissa ...
Read More »SAIL achieves all-time best annual production in FY23
TBB BUREAU NEW DELHI, APR 1, 2023 Maharatna public sector unit Steel Authority of India Limited (SAIL) has achieved the best ever annual production during the financial year 2022-23 ending on 31 March 2023. During the period, the company recorded 19.409 Million Tonnes (MT) of hot metal and 18.289 MT crude steel production with a growth of 3.6 per cent ...
Read More »Settlement of India-Malaysia trade in Indian Rupee
TBB BUREAU MUMBAI, APR 1, 2023 Besides the current modes of settlement in other currencies, trade between India and Malaysia can now be settled in Indian Rupee too. This follows the decision by the Reserve Bank of India in July 2022 to allow settlement of international trade in Indian Rupees. This measure is aimed at facilitating the growth of global ...
Read More »GST mop-up in March at Rs 1.60 lakh cr
TBB BUREAU NEW DELHI, APR 1, 2023 The gross GST revenue collected in the month of March 2023 grew 13 per cent to the second highest ever at Rs 1.60 lakh crore, taking the growth rate of revenue mop-up for full 2022-23 fiscal to 22 per cent. Gross GST revenue collected in March 2023 is Rs 1,60,122 crore, of which ...
Read More »DIC Bhowmick exhorts RSP collective to have the vision of being the best steel plant
TBB BUREAU ROURKELA, APR 1, 2023 “Have the vision of being the Best Steel Plant,” called upon Atanu Bhowmick, Director In-Charge (DIC), to the employees of SAIL-run Rourkela Steel Plant (RSP), while addressing a huge gathering of senior officers and employees of the Plant on the occasion of the Annual Performance Review and Award function on 1st April 2023. Notably ...
Read More »MCL touches new high in coal production and despatch
TBB BUREAU BHUBANESWAR, APRIL 1, 2023 Coal India Limited (CIL) subsidiary Mahanadi Coalfields Limited (MCL) on Saturday said that the company has registered a record 193.3 million tonnes of coal production with the highest ever 192.7 million tonnes of coal despatch to consumers during the financial year 2022-23 (FY23). “The MCL registered a growth of 15 per cent ...
Read More »Diversified and circular renewable energy & critical mineral supply chains to have crucial role in India’s energy transition
TBB BUREAU NEW DELHI, APR 1, 2023 As part of the second Energy Transition Working Group meeting of India’s G20 Presidency, the Ministry of New and Renewable Energy, Ministry of Mines and Ministry of Power will host an official side event, ‘Diversifying Renewables & Critical Minerals Supply Chains to Advance Energy Transition’ on April 3 in Gandhinagar, Gujarat. The event, ...
Read More »On Utkal Divas, Vedanta Aluminium commits to accelerating Odisha’s growth momentum
TBB BUREAU BHUBANESWAR, APRIL 01, 2023 On Utkal Divas, Vedanta Aluminium reiterates its commitment to accelerating Odisha’s growth momentum through its manufacturing excellence and developmental initiatives. Odisha represents Vedanta’s single largest investment anywhere in the world, as home to a world-class 2 million tonnes per annum (MTPA) Alumina Refinery at Lanjigarh in Kalahandi district and the world’s largest Aluminium Smelter ...
Read More »Rich tribute paid to OP Jindal on 18th punyatithi at Barbil, Tensa & Kasia Units of JSP
TBB BUREAU JODA/BARBIL, MAR 31, 2023 The 18th Punyatithi of Visionary and Founder Chairman of O.P. Jindal Group, Om Prakash Jindal ji was observed at Barbil Pellet Plant, Kasia and Tensa Mines of Jindal Steel & Power on 31st March, 2023. A series of philanthropic and spiritual activities have been organised across the units on this occasion. The day began ...
Read More »Maharaja Rajendra Marayan Singh Deo was a true democrat: Pawan Verma
TBB BUREAU BHUBANESWAR, MAR 31, 2023 “Maharaja Rajendra Marayan Singh Deo was a true democrat. He was a people’s man. He was a man deeply rooted with his culture,” said noted writer and former diplomat Pawan K Verma, while releasing the book ‘A man among princes’ based on Maharaja Rajendra Narayan Singh Deo, at a function here on Friday. “He ...
Read More »TATA Tea Premium launches #UtkalakiKala Campaign, celebrates Odisha’s rich handloom legacy
TBB BUREAU BHUBANESWAR, MARCH 31, 2023 On the eve of ‘Utkal Divas’, TATA Tea Premium – Desh Ki Chai, the flagship brand from Tata Tea’s diverse portfolio, on Friday launched #UtkalaKiKala campaign to celebrate Odisha’s rich handloom legacy. Held at Ekamra Haat here, the event brought together celebrities, craft activists, art enthusiasts and karigars all under one roof to launch ...
Read More »Tata Steel Mining bags Kalinga CSR Award
TBB BUREAU BHUBANESWAR, MAR 31, 2023 Tata Steel Mining has bagged the prestigious ‘Kalinga CSR Award-2021’ at the inaugural ceremony of 7th National Seminar on Corporate Social Responsibility Initiative – 2023 organised at a city hotel here on Friday. Instituted by the Institute of Quality and Environment Management Services (IQEMS), Bhubaneswar in collaboration with Institute of Public Enterprise, Hyderabad, the ...
Read More »Jindal Steel & Power observes OP Jindal’s 18th death anniversary
TBB BUREAU ANGUL, MAR 31, 2023 Jindal Steel and Power (JSP) observed the 18th Punyatithi (death anniversary) of its founder Om Prakash Jindal (Bauji) with a special prayer, voluntary blood donation camp and a series of philanthropic initiatives. Led by JSP’s Angul location Head & Executive Director Hridayeshwar Jha, all the department heads, employees with their family members, workforce of the ...
Read More »Company Secretaries play vital role for the good governance policy of the company: Patra
TBB BUREAU BHUBANESWAR, MAR 31, 2023 Company Secretaries play a vital role for the good governance policy of the company, said Sridhar Patra, Chairman & Managing Director of National Aluminium Company Ltd., while speaking at a seminar on “Empowering the Empowered”, organised by the Bhubaneswar Chapter of The Institute of Company Secretaries of India (ICSI) here on Friday. A Company ...
Read More »NTPC Darlipali bags prestigious Kalinga CSR Award
TBB BUREAU BHUBANESWAR, MAR 31, 2023 NTPC Darlipali, located in Sundargarh District of Odisha, has been conferred with the prestigious ‘Kalinga CSR Award-2021’ at the inaugural ceremony of 7th National Seminar on Corporate Social Responsibility Initiative – 2023 organised in collaboration with the Institute of Public Enterprise, Hyderabad at a city hotel, here on Friday. CGM (NTPC Darlipali) Ajai Kumar ...
Read More »NTPC registers highest ever power generation of 400 BU in FY23
TBB BUREAU NEW DELHI, MAR 31, 2023 NTPC Ltd, India’s largest integrated power generator, has registered the highest-ever power generation of 400 BU in FY23, a growth of 10.80 per cent via-a-vis previous year. NTPC also continued an upward trend in coal production from its captive mines with a coal production of 23.2 Million Metric Tonnes (MMT) with a robust ...
Read More »Dalmia Cement to empower 1 million rural women in Odisha
TBB BUREAU CUTTACK, MAR 31, 2023 Dalmia Cement (Bharat) Ltd (DCBL), a subsidiary of Dalmia Bharat Ltd on Friday said that it’s aiming to provide ‘jeevika’ to 1 million rural women through an enterprise development programme in mushroom cultivation in Odisha. Mushroom farming is a low investment and profitable agri-business model that can be easily adopted by impoverished women for ...
Read More »Revamping of Credit Guarantee Scheme for MSEs from April 1
TBB BUREAU NEW DELHI, MAR 31, 2023 In Union Budget 2023-24, Union Finance Minister Nirmala Sitharaman announced the revamping of Credit Guarantee Scheme for Micro & Small Enterprises with effect from 01.04.2023, with an infusion of Rs 9,000 crore to the corpus to enable additional collateral-free guaranteed credit of Rs. 2 lakh crore and the reduction in the cost of ...
Read More »Odysse Electric Vehicles launches VADER motorcycle at Rs 1,09,999
TBB BUREAU MUMBAI, MAR 31, 2023 Odysse Electric Vehicles, India’s fastest-growing premium electric vehicle manufacturer, today announced the launch of its new electric motorbike VADER. Odysse VADER is India’s first motorbike to be powered by 7-inch android display and can be controlled by an App and Bluetooth connectivity. VADER motorcycle comes with a range of 125 km on Eco mode ...
Read More »Vedanta celebrates month-long International Women’s Day-2023
TBB BUREAU JHARSUGUDA, MAR 30, 2023 In commemoration of International Women’s Day 2023, Vedanta Aluminium organised a month-long celebration with a plethora of events for its women employees and members of the local communities, themed on ‘Embrace Equity’. Vedanta Aluminium has always strived to enhance gender diversity within the company by basing its growth roadmap on the fundamental pillars of ...
Read More »Rungta Steel’s new TV commercial featuring Alia Bhatt and Ranbir Kapoor takes Cricket and Resilience to next level
TBB BUREAU RANCHI, MARCH 30, 2023 Rungta Steel, India’s fastest growing TMT bar and integrated steel products manufacturer, has unveiled their new TV commercial (TVC) featuring Bollywood’s beloved couple Alia Bhatt and Ranbir Kapoor that highlights the importance of strong partnerships in life. With the return of the cricketing season starting off with Indian Premier League (IPL), Rungta’s new TVC ...
Read More »Modicare witnesses exponential sales in Karnataka
TBB BUREAU BENGALURU, MAR 30, 2023 Modicare Limited, one of India’s leading direct selling companies witnessed an exponential growth in sales across Karnataka over the past year. Driven by the powerful vision and commitment of Azadi to the common Indian and a strong consultant base of 10 lakh, Karnataka continues to be the highest performing state in the country for ...
Read More »India’s residential demand increases 14.2pc YoY: Magicbricks Report
TBB BUREAU NEW DELHI/NOIDA, MAR 30, 2023 Continuing on the path of resilience and overall growth, India’s residential demand increased 14.2 per cent and supply grew 1.9 per cent year-on-year (YoY), observed Magicbricks’ PropIndex Report for January-March 2023. According to the report, after recording a marginal decline of 2.5 per cent last quarter, residential demand (searches) increased 3.2 per cent quarter-on-quarter ...
Read More »Scandinavian Enviro Systems, Antin Infra form JV supported by Michelin for large-scale tyre recycling
TBB BUREAU PARIS, MAR 30, 2023 Sweden-based Scandinavian Enviro Systems and London-based private equity fund Antin Infrastructure Partners have formed a joint venture supported by Michelin to create is the world’s first large-scale tyre recycling group. The JV will combine Enviro’s unique and patented technology for the extraction of carbon black and pyrolysis oil from end-of-life tyres with Michelin’s leading ...
Read More »Stainless steel demand seen surging through fiscal 2025: CRISIL
TBB BUREAU NEW DELHI, MAR 30, 2023 Domestic demand for stainless steel, which was 4 million tonne (MT) in fiscal 2022, is projected to log a healthy compound annual growth rate of 9% in the three fiscals through 2025, double the 4.5% pace of the past five fiscals. This will be driven by increasing adoption of stainless steel in railways ...
Read More »Tata AIA Life Insurance launches NFO offerings
TBB BUREAU MUMBAI, MAR 30, 2023 Tata AIA’s Sustainability Equity Fund seeks to generate capital appreciation in the long term by investing in companies that adopt sustainable or Environmental, Social and Governance (ESG) friendly practices. The fund will invest 80-100 per cent in equity and equity-related instruments following ESG criteria and up to 20 per cent in other equities or ...
Read More »DBS Bank India launches ‘digiPortfolio’ for seamless investment portfolio management
TBB BUREAU MUMBAI, MAR 29, 2023 DBS Bank India on Wednesday announced an innovative investment solution, ‘digiPortfolio’, on its digibank platform which uses both technology and human expertise to create a set of investment options curated by Morningstar that match the risk preferences of different investors. The platform is an easy, one-stop solution for users to invest money with ready-made ...
Read More »NTPC Renewable Energy signs Term Sheet with Greenko ZeroC to supply power for its Green Ammonia Plant
TBB BUREAU NEW DELHI, MAR 29, 2023 NTPC Renewable Energy Ltd, a wholly owned subsidiary of NTPC Green Energy Limited, has signed Term Sheet with Greenko ZeroC Pvt Ltd (a Greenko Group Company) to supply 1300 MW renewable power round-the-clock Greenko’s upcoming Green Ammonia Plant at Kakinada. The agreement between the two companies is one of the world’s single largest ...
Read More »SBI launches coffee table book ‘The Banker to Every Indian’
TBB BUREAU MUMBAI, MAR 29, 2023 Country’s largest lender State Bank of India (SBI) has launched its coffee table book ‘The Banker to Every Indian’ which celebrates 75 years of Indian independence and SBI’s glorious 200-year history. Speaking on the occasion, SBI Chairman Dinesh Khara said, “The coffee table book which chronicles the Bank’s journey since independence, is a tribute ...
Read More »NPCI joins hands with India’s leading payment aggregators to enable merchant transactions through credit cards on UPI
TBB BUREAU MUMBAI, MARCH 29, 2023 Following Reserve Bank of India (RBI)’s latest move in the digital payments space to link RuPay credit cards to UPI, National Payments Corporation of India (NPCI) and India’s leading payment aggregators have joined forces to support credit transactions on Unified Payments Interface (UPI). NPCI has enabled key aggregators like BharatPe, Cashfree Payments, Google Pay, ...
Read More »Bibhudutta Panigrahi honoured with Best Sustainability Communicator Award
TBB BUREAU BHUBANESWAR, MAR 29, 2023 Senior Public Relations Executive of Indian Metal & Ferro Alloys (IMFA) Bibhudutta Panigrahi has been honoured with “Best Sustainability Communicator Award” at National Workshop on Water and Life organised by leading NGO Nature Care Initiative at the Constitution Club of India in New Delhi on Tuesday. Panigrahi received the prestigious award from Union Minister ...
Read More »Naveen Jindal conferred with University of Texas’ Lifetime Achievement Award
TBB BUREAU NEW DELHI, MARCH 29, 2023 Jindal Steel & Power Chairman Naveen Jindal has been honoured with Lifetime Achievement Award by the University of Texas (Dallas) for his accomplishments in industry, politics, and education. Alumni of UT Dallas 1992 batch, Jindal received the award in a ceremony held by the University on the March 25, 2023. Naveen Jindal is ...
Read More »India’s overall exports cross an all time high of US$ 750 billion: Piyush Goyal
TBB BUREAU NEW DELHI, MAR 28, 2023 Union Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal on Tuesday announced that India’s overall exports, that includes services and merchandise exports, have crossed US$ 750 billion today. This is an all time high and this achievement of 750 billion comes in the 75th year of ...
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