TBB BUREAU BHUBANESWAR, AUGUST 10, 2022 To celebrate Azaadi ka Amrit Mahotsav initiative, Aakash BYJU’S, the national leader in test preparatory services, is organizing a major drive towards inclusivity and empowerment of girl students in the arena of private coaching for higher education through ‘Education for All’, a nationwide project to offer free NEET and JEE coaching and scholarships to ...
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Dalmia Cement promotes mushroom cultivation to strengthen livelihood security of women in Odisha
TBB BUREAU BHUBANESWAR, AUGUST 9, 2022 Dalmia Bharat Foundation (DBF), the Corporate Social Responsibility (CSR) arm of Dalmia Cement (Bharat) Ltd (DCBL), is facilitating a range of training and exposure programs for Self Help Groups (SHGs), to ensure a dynamic and enabled environment geared towards growth and development. In continuation of its women empowerment initiatives for communities surrounding its Cuttack ...
Read More »SIDBI, ONDC join hands to accelerate e-commerce for small industries
TBB BUREAU MUMBAI, AUGUST 9, 2022 ONDC, a first-of-its-kind initiative to democratise the country’s e-commerce ecosystem, has signed a Memorandum of Understanding (MoU) with SIDBI, the principal financial institution set up under an Act of Parliament for promotion, financing and development of the Micro, Small and Medium Enterprise (MSME) sector and for coordination of functions of institutions engaged in similar ...
Read More »Pantaloons releases brand anthem to commemorate 25th anniversary
TBB BUREAU KOLKATA, AUGUST 9, 2022 Pantaloons, one of India’s most preferred fast fashion destinations among large retail format stores from the house of Aditya Birla Fashion and Retail Ltd., on Monday celebrated its 25th anniversary at South City Mall, Kolkata. Actors Parambrata Chatterjee and Priyanka Sarkar graced the celebrations with their presence. Pantaloons released a brand anthem to mark ...
Read More »JSW Steel crude steel production grows 14pc in July 2022
TBB BUREAU MUMBAI, AUGUST 9, 2022 JSW Steel reported crude steel production for the month of July 2022 at 15.69 lakh tonne compared to 13.82 lakh tonne in July 2021, registering a growth of 14 per cent on a standalone basis. The production of flat rolled products rose 15% to 10.72 lakh tonne while production of long rolled products jumped ...
Read More »Jindal Steel & Power remembers OP Jindal on his 92nd birth anniversary
TBB BUREAU ANGUL, AUGUST 7, 2022 Jindal Steel & Power (JSP) observed the 92nd Birth Anniversary of its founder Om Prakash Jindal (Bauji) with a floral tribute to the legendary industrialist and philanthropist and organising several social welfare activities for the community. Early in the morning the officials with their family members and people from periphery villages paid floral tributes ...
Read More »NABARD celebrates National Handloom Day
TBB BUREAU BHUBANESWAR, AUGUST 7, 2022 The Odisha Regional Office of NABARD celebrated National Handloom Day, here on Sunday. Odisha Minister for Handlooms, Textiles & Handicrafts, Rita Sahu; State Development Commissioner-cum-Additional Chief Secretary, PK Jena; Principal Secretary – Finance, Vishal Kumar Dev, NABARD Odisha Region CGM C. Udaybhaskar; weavers, NGOs and other stakeholders participated in the event. Odisha with its ...
Read More »Aditya Aluminium observes World Breastfeeding Week-2022
TBB BUREAU BHUBANESWAR, AUGUST 6, 2022 Aditya Aluminium, Lapanga which has been actively working on improving the nutrition intake amongst women, adolescent girls and children under its Project Suposhan, observed World Breastfeeding Week-2022 with the theme “Step up: Support and Educate” in six gram panchayats of Rengali Block from August 1. On each day of the week, an event was ...
Read More »Gopalpur Port’s mobile health check-up camp benefits over 300 patients
TBB BUREAU CHHATRAPUR, AUGUST 6, 2022 As part of its Corporate Social Responsibility (CSR), Gopalpur Ports Ltd. (GPL) organised a mobile health check-up camp at the Government Upper Primary School in Kalipali Gram Panchayat with an aim to provide quality healthcare to people living in the port periphery. Over 300 people from different villages under the panchayat participated in ...
Read More »RSP records best April-July performance in key areas
TBB BUREAU ROURKELA, AUGUST 6, 2022 SAIL-run Rourkela Steel Plant (RSP) recorded its best ever April-July production performance in key areas in the current financial year (FY23). During April-July, 2022 the plant produced 14,35,466 tonnes of hot metal, 13,29,388 tonnes of crude steel and 12,24,323 tonnes of saleable steel, thereby scripting its best ever performance in these three vital areas ...
Read More »Post Offices to remain open on all days till Aug 15 to sell National flags
TBB BUREAU NEW DELHI, AUGUST 6, 2022 To facilitate the sales and distribution of National Flags under Har Ghar Tiranga Campaign, all Post Offices will function on holidays, falling before Independence Day 2022. All delivery Post Offices and other important post offices, across the country will be functional to the extent for supporting this public campaign. Special arrangements will be ...
Read More »‘Growth of SHGs crucial to women empowerment’
TBB BUREAU BHUBANESWAR, AUGUST 6, 2022 The growth of native Self-Help Groups is crucial to the nation’s development and women empowerment, said Odisha’s Energy Minister Pratap Keshari Deb while speaking to Abha Shakti members (women self-help groups) at a programme organised by Tata Power Central Odisha Distribution Ltd. (TPCODL) here on the eve of National Handloom Day. The event was ...
Read More »Aakash BYJU’S launches its first classroom centre in Baleswar
TBB BUREAU BALASORE, AUGUST 6, 2022 To further the motto of expanding its network to various parts of the country to help thousands of students realise their dreams of becoming doctors and IITians, Aakash BYJU’S, the national leader in test preparatory services, on Saturday inaugurated its first Classroom Centre at Baleswar in Odisha. The new centre will have 9 classrooms ...
Read More »India’s agricultural & processed food products exports up 31 pc to USD 7408 Million in Q1FY23
TBB BUREAU NEW DELHI, AUGUST 6, 2022 Continuing with the trend from the previous year, the exports of agricultural and processed food products rose by 31 percent in the first three months of the current Financial Year 2022-23 (April-June) in comparison to the corresponding period of FY 2021-22. According to the provisional data released by the Directorate General of Commercial ...
Read More »L N Dash new Principal of Aditya Birla Public School Bhubaneswar
TBB BUREAU BHUBANESWAR, AUGUST 5, 2022 Noted educationist L.N. Dash has joined as the Principal of the Aditya Birla Public School, Bhubaneswar. Dash, who is the former Principal of Aditya Birla Public School Rayagada, has 25 years of experience as a teacher and Principal. Dash completed his post-graduation from Utkal University, Bhubaneswar in History and M.Ed. from Berhampur University. He ...
Read More »TCS recognized as Leader in Sustainability Enablement Technology Services
TBB BUREAU NEW YORK/MUMBAI, AUGUST 4, 2022 Tata Consultancy Services (TCS) has been positioned as a Leader in Everest Group’s PEAK Matrix for Sustainability Enablement Technology Services. TCS has well-rounded offerings across the sustainability services value chain, and a strategic focus on net zero emissions, energy management, and digital accessibility. Cited as strengths were its investments in comprehensive proprietary solutions ...
Read More »OMECL signs agreement with MSA, IDEPX for mineral resource mapping & development of auctionable blocks
TBB BUREAU BHUBANESWAR, AUGUST 4, 2022 Odisha Mineral Exploration Corporation Ltd. (OMECL) on Thursday signed an agreement with consortium of MSA, South Africa and IDPeX (India) to optimise the exploration of mineral deposits resulting in inventory of auctionable blocks of different minerals in Odisha. The agreement was signed by Director (Geology), OMECL SK Sinha, MSA MD Dr. Ian Haddon and ...
Read More »Dalmia Bharat Q1FY23 net profit down 26.8 pc at Rs 205 cr
TBB BUREAU NEW DELHI, AUGUST 4, 2022 Dalmia Bharat Limited, a leading cement manufacturing company, on Thursday reported a 26.78 per cent decline in its consolidated net profit to Rs 205 crore for the first quarter (Q1) ended June 30, 2022. The company had posted a net profit of Rs 280 crore during the corresponding period in the previous fiscal ...
Read More »Reliance Brands to introduce luxury brand Balenciaga in India
TBB BUREAU MUMBAI, AUGUST 4, 2022 Reliance Brands Ltd (RBL) on Thursday said it has entered into a long term franchise agreement with hottest global luxury brand Balenciaga to bring the best of global couture to the Indian market. With this long-term franchise agreement, RBL will be Balenciaga’s sole India partner to launch the brand in the country and this ...
Read More »GAIL Q1FY23 revenue up 116 pc at of Rs. 37,572 crore
TBB BUREAU NEW DELHI, AUGUST 4, 2022 GAIL (India) Limited recorded 116% increase in Revenue from operations to Rs. 37,572 crore in Q1 FY23 as against Rs. 17,387 crore in the corresponding quarter of previous financial year. The Company’s Profit before Tax (PBT) increased 90% to Rs. 3,894 crore in Q1 FY23 as against Rs. 2,054 crore in Q1 FY22 ...
Read More »TVS launches neo-retro motorcycle RONIN in Odisha
TBB BUREAU BHUBANESWAR, AUGUST 4, 2022 Two-wheelers and three-wheelers manufacturer TVS Motor Company has launched the industry’s first ‘modern-retro’ motorcycle ‘TVS RONIN’ in Bhubaneswar on Thursday. Powered by a 20hp, 225cc engine, the new TVS RONIN is available in three variants — RONIN SS at Rs 1,49,000, RONIN DS at Rs 1,56,500 lakh and RONIN TD at Rs 1,68,750. Colour ...
Read More »TPCODL felicitated for ensuring seamless power supply during Rath Yatra
TBB BUREAU BHUBANESWAR, AUGUST 2, 2022 Tata Power Central Odisha Distribution Limited (TPCODL) has been felicitated by the Puri District Administration for ensuring a smooth and uninterrupted power supply during this year’s Rath Yatra in the pilgrim city. Anticipating a sharp surge in power demand during the Rath Yatra in Puri, TPCODL had made elaborate arrangements to meet the load ...
Read More »World Breastfeeding Week: Vedanta Aluminium steps up to protect, promote and support breastfeeding in Odisha
TBB BUREAU BHUBANESWAR, AUGUST 2, 2022 Vedanta Aluminium, India’s largest producer of aluminium, is undertaking a series of awareness sessions on breastfeeding practices for pregnant and lactating mothers in Jharsuguda and Kalahandi districts of Odisha during World Breastfeeding Week. Themed on “Step up for Breastfeeding”, the sessions will be held in partnership with National Rural Health Mission, Vedanta Hospital (Lanjigarh) ...
Read More »Reliance Jio gets ready to roll out world’s most advanced 5G network across India
TBB BUREAU MUMBAI, AUGUST 1, 2022 Reliance Jio, India’s largest digital services provider, on Monday acquired spectrum in the 700MHz, 800MHz, 1800MHz, 3300MHz and 26GHz bands in the auctions conducted by the Department of Telecommunications, Government of India. The acquisition of the right to use this spectrum will enable Jio to build the world’s most advanced 5G network and further ...
Read More »JSPL Foundation observes World Breastfeeding Week
TBB BUREAU ANGUL, AUGUST 1, 2022 JSPL Foundation in association with the Integrated Child Development Scheme (ICDS), National Health Mission (NHM) and Odisha Livelihood Mission (OLM) of Angul District observed the first day of the World Breastfeeding Week 2022 at Natada Gram Panchayat under Chhendipada Block. The week-long program aims to spread the message ‘Step Up for Breastfeeding: Educate and ...
Read More »RSP’s Silicon Steel Mill sets new record in monthly production
TBB BUREAU ROURKELA, AUGUST 1, 2022 The Silicon Steel Mill (SSM) of SAIL-run Rourkela Steel Plant (RSP) has set a new monthly production record by rolling 6,626 tonnes of saleable steel in July, 2022 surpassing the previous best recorded in July, 2013. RSP Director In-Charge (DIC) Atanu Bhowmick visited the SSM Shop Floor on Monday to congratulate the SSM collective ...
Read More »Clix Capital partners with Bank of Baroda to disburse loans in healthcare equipment space
TBB BUREAU BHUBANESWAR AUGUST 1, 2022 Clix Capital (Clix) has entered into an exclusive co-lending partnership dedicated to healthcare financing, with Bank of Baroda, one of India’s leading public sector banks. Under the partnership, Clix and Bank of Baroda will provide loans at affordable rates in the healthcare equipment space, across Tier 2 cities and beyond. This collaboration will enable ...
Read More »Over 125 SHG women attend JSPL Foundation’s capacity building program
TBB BUREAU JODA/BARBIL, AUGUST 1, 2022 Empowering women is paramount for inclusive and holistic social development. Pursuant to this mission, JSPL Foundation organized a two-day workshop-cum-capacity building program in Joda and Barbil region under its women empowerment initiatives with the objective of making rural women self-reliant by inculcating entrepreneurship spirits in them. The program was inaugurated by Padmashree Tulasi Munda and ...
Read More »TCS named leader in Life Sciences Operations by Everest Group
TBB BUREAU NEW YORK/MUMBAI, AUGUST 1, 2022 Tata Consultancy Services (TCS) has been positioned as a Leader in Everest Group’s PEAK Matrix on Life Sciences Operations, placed highest for its vision and capabilities in an assessment of 32 life sciences BPS providers. The report said that TCS offers a wide spectrum of services across the entire life sciences value ...
Read More »TVS Motor sales rise 13pc in July to 314,639 units
TBB BUREAU HOSUR, AUGUST 1, 2022 TVS Motor Company on Monday reported a 13 per cent increase in its total sales at 3,14,639 units in July 2022 compared to 2,78,855 units in the same month last year. Total two-wheelers sales were up 14 per cent at 2,99,658 units last month, as against sales of 2,62,728 units in July 2021, it ...
Read More »Honda Cars India July sales rise 12 pc to 6,784 units
TBB BUREAU NEW DELHI, AUGUST 1, 2022 Honda Cars India Ltd. (HCIL) on Monday said its domestic sales in July 2022 increased by 12 per cent at 6,784 units. HCIL also exported 2,104 units last month. HCIL had reported sale of 6,055 units in the domestic market and 918 units in overseas markets in July last year. Sharing thoughts on ...
Read More »Union Bank of India launches Union Prerna 2.0 – EmpowerHim
TBB BUREAU MUMBAI, AUGUST 1, 2022 Union Bank of India on Monday launched an Industry-first, dedicated, men-focused committee ‘EmpowerHim’ as part of its flagship HR initiative ‘Prerna’. The program aims to promote the employees’ career trajectory and improve diversity in the Bank by picking out and resolving individual as well as common existing challenges. This Committee will complement the women ...
Read More »JSP’s Kapil Mantri bags ‘40 Under Forty’ award
TBB BUREAU BHUBANESWAR, AUGUST 1, 2022 Jindal Steel & Power (JSP) Executive Vice President Kapil Mantri has been selected amongst the top 40 finance professionals of the country and awarded with the ‘40 Under Forty’ award in the BFCFO event organized by the Businessworld magazine. Kapil has been awarded for his contribution to JSP and the field of Finance. He ...
Read More »InsuranceDekho launches ‘Pet Insurance’
TBB BUREAU NEW DELHI, AUGUST 1, 2022 India’s leading Insurtech startup, InsuranceDekho, has recently added pet insurance to its product portfolio. InsuranceDekho has partnered with Future Generali India Insurance Company to offer this unique Dog Health Cover and is also in the process of tying up with other insurers. On the day of the launch, the company hosted a special ...
Read More »DSP Investment Managers launches DSP Silver ETF
TBB BUREAU MUMBAI, AUGUST 1, 2022 DSP Investment Managers on Monday announced the launch of DSP Silver ETF which will invest in physical silver and silver related instruments. This new ETF offers investors an easier way to buy or sell silver compared to the physical version with the freedom to trade easily. Demand for silver is higher than supply and ...
Read More »Rungta Mines develops open gymnasium in Barbil
TBB BUREAU BHUBANESWAR, AUGUST 1, 2022 India’s leading player in steel manufacturing and mining, Rungta Mines Limited (RML) developed an open gymnasium at Barbil in Odisha as part of its CSR initiative. The project has outdoor gym equipment like a step-trainer, air walker, leg press, abs trainer, chest press, fun rower, pendulum, shoulder press, rider, twister, and spinner among others. ...
Read More »Auguste Tano Kouamé takes over as World Bank’s Country Director for India
TBB BUREAU NEW DELHI, AUGUST 1, 2022 Auguste Tano Kouamé on Monday took over as World Bank’s Country Director for India. He replaced Junaid Kamal Ahmad who recently completed a five-year term. Prior to the new assignment, Kouamé served as the World Bank’s Country Director for the Republic of Türkiye – where he led the expansion of the Bank’s country ...
Read More »SIDBI partners with SVC Bank for empowering MSMEs
TBB BUREAU MUMBAI, AUGUST 1, 2022 SVC Co-operative Bank Ltd. (SVC Bank), one of India’s leading co-operative bank, and Small Industries Development Bank in India (SIDBI), country’s apex financial institution for micro, small and medium enterprises (MSMEs), today announced entering into a partnership through an agreement. The agreement was signed by Ashish Singhal, MD, SVC Bank and Sanjeev Gupta, GM, ...
Read More »July GST revenue at Rs 1.48 lakh crore; up 28pc YoY
TBB BUREAU NEW DELHI, AUGUST 1, 2022 The gross goods and service tax (GST) revenue collected in the month of July 2022 stood at Rs 1,48,995 crore, registering a growth of 28 per cent year-on-year (Y-o-Y). It is also the second highest ever collection since the introduction of GST in 2017, the Finance Ministry said in a press release on ...
Read More »Left untreated, hypertension adds to India’s rising stroke burden: AIIMS doctors
TBB BUREAU BHUBANESWAR, JULY 31, 2022 Undiagnosed and untreated hypertension is the main risk factor for stroke which is the second leading cause of death and disability after ischaemic heart disease across the world. Studies show that at least 64% stroke patients have hypertension which is the most prevalent risk factor for this deadly cardiovascular event. With stroke burden increasing ...
Read More »AI & IoT can play significant role in coal mining: MCL CMD
TBB BUREAU SAMBALPUR, JULY 31, 2022 Artificial intelligence (AI) and internet of things (IoT) can have a significant role to play in ensuring sustainable mining practices, said OP Singh, Chairman-cum-managing Director, Mahanadi Coalfields Limited (MCL). Addressing the Area General Managers (AGMs) and Head of Departments (HoDs) at the workshop on mine closure, social forestry and artificial intelligence held on Saturday, ...
Read More »Indian Bank Q1FY23 net profit at Rs 1,213 crore
TBB BUREAU BHUBANESWAR, JULY 30, 2022 Public sector Indian Bank recorded a net profit of Rs 1,213.44 crore in the first quarter (Q1) of the current financial year (FY23) as compared to Rs 1,181.66 crore earned during the corresponding period of the previous year. Shanti Lal Jain, Managing Director & CEO , Indian Bank During Q1FY23, the bank’s advances grew ...
Read More »NTPC Swayamsiddha Ladies Club celebrates Teej festival
TBB BUREAU RANCHI, JULY 30, 2022 Swayamsiddha Ladies Club, NTPC Coal Mining Headquarters organised the Teej Festival with pomp and grandeur. The Teej program began with welcoming Swayamsiddha Ladies Club President Mahua Mazumder by the executive members of the Club. Later, Club Secretary Smitha Wilson invited the members to participate in the Teej festival. Addressing the gathering, Smt Mazumder spoke ...
Read More »BoB Q1FY23 net profit zooms 79.3pc to Rs 2,168 crore
TBB BUREAU MUMBAI, JULY 30, 2022 With rise in net interest income and improvement in the asset quality, public sector lender Bank of Baroda (BoB)’s stand alone net profit zoomed 79.3 per cent to Rs 2,168 crore in the first quarter (Q1) of the current financial year (FY2022-23) as compared to Rs 1,209 crore reported in the corrsponding period in ...
Read More »Power sector will continue to play significant role in India’s progress: PM Modi
TBB BUREAU NEW DELHI, JULY 30, 2022 Energy sector, power sector will play a significant role in accelerating India’s progress in the next 25 years, said Prime Minister Narendra Modi while dedicating two of NTPC’s green projects to the nation on Saturday. Dedicating NTPC Ramagundam Floating Solar Project (100 MW) in Telangana and NTPC Kayamkulam Floating Solar Project (92 MW) ...
Read More »Odisha a key market for us: Yes Bank Global Head (Retail Banking)
TBB BUREAU BHUBANESWAR, JULY 30, 2022 As the industrial hub of Eastern India, Odisha has been a key market in terms of business engagement for YES Bank with a CD Ratio of 97 per cent in the state as on March 31, 2022, much higher than RBI stipulated requirement of 60 per cent and the State Average. The total deposits ...
Read More »BOB Financial launches mobile app ‘bobcard’
TBB BUREAU MUMBAI, JULY 29, 2022 BOB Financial Solutions Limited has announced the launch of its credit card servicing mobile app, ‘bobcard’, to give its customers a one-stop solution to manage their Bank of Baroda credit card services on the move. Designed in collaboration with IBM, ‘bobcard’ is a smart digital platform that offers a battery saver dark-themed interface that ...
Read More »Balmer Lawrie commissions its new Cold Chain Unit in Odisha
TBB BUREAU BHUBANESWAR, JULY 29, 2022 Integrated logistics service provider Balmer Lawrie & Co. Ltd. on Friday announced the unveiling of its new state-of-the-art Cold Chain Unit at Bhubaneswar in Odisha. Union Minister of State for Petroleum and Natural Gas Rameswar Teli inaugurated the Cold Chain facility in the presence of Balmer Lawrie Chairman & Managing Director Adika Ratna Sekhar ...
Read More »Nature Conservation Day: Vedanta Aluminium to plant 2 lakh saplings in FY23 under its GreenHearts initiative
TBB BUREAU NEW DELHI, JULY 29, 2022 Vedanta Aluminium, India’s largest producer of aluminium, launches the FY23 edition of its GreenHearts campaign during which it will plant more than 2 lakh saplings across its operations in Odisha and Chhattisgarh. Launched last year, GreenHearts is an annual bio-investment campaign, whereby the company’s business units undertake mass plantation drives during monsoon, for ...
Read More »KL Deemed-to-be University signs MoU with Imarticus Learning to launch MBA in Fintech
TBB BUREAU HYDERABAD, JULY 29, 2022 KL Deemed-to-be University, one of the leading universities in the country for graduation and higher education, has announced a strategic collaboration with the nationally renowned Imarticus Learning, India’s foremost EdTech company, to develop an exceptional on-campus MBA program in Fintech. KL University has embarked on this collaboration to steer in creating a world-class learning ...
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