TBB BUREAU PUNE, JULY 4, 2022 Ahead of 75th year of Independence Day celebrations, Bajaj Allianz Life Insurance, one of India’s leading private life insurers, has rolled out #PlankToThank, the latest edition of its widely popular and participated, health initiative. For every #PlankToThank video or picture uploaded by participants on social media, Bajaj Allianz Life Insurance will contribute towards a ...
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Strategic Disinvestment of Neelachal Ispat Nigam Limited completed
TBB BUREAU NEW DELHI, JULY 4, 2022 Neelachal Ispat Nigam Limited (NINL) Strategic Disinvestment transaction has been completed today with the transfer of 93.71% shares of the Joint Venture Partners (4 CPSEs and 2 Odisha Govt. PSUs) to the Strategic Buyer, Tata Steel Long products Limited. The Enterprise Value paid by the Strategic Buyer is Rs. 12,100 crore. This payment ...
Read More »Aegon Life reimagines insurance buying experience with gamification
TBB BUREAU MUMBAI, JULY 4, 2022 Aegon Life, digital India’s life insurance company, redesignsits websitein line with its commitment to making insurance easy and accessible for all. Breaking from industry norms, the brand offers insurance quotations without askingprospective customers to share their contact details. A simplified DIY (Do It Yourself) interface provides a hassle-freebuying experience, andthe responsive design architectureallows for ...
Read More »“Nation Builders Day” celebrated at High Five Global Campus
TBB BUREAU BHUBANESWAR, JULY 4, 2022 On the Auspicious Day of the Rath Yatra of Lord Jagannath, the Lord of the Universe, Corporate Leaders and Civil Society members united over a conclave called the ‘Nation Builders Day’ to celebrate the first ever event calling for citizen empowerment igniting Citizen Social Responsibility of Building a nation for even better. Organised by ...
Read More »Renault Kiger achieves 50,000 production milestone in India
TBB BUREAU CHENNAI, JULY 4, 2022 Renault, the Number one European brand in India, has rolled out the 50,000th Renault KIGER from its plant in Chennai. Staying true to its commitment to keep building on the success of the Renault KIGER and to celebrate this milestone, Renault India has introduced a new Stealth Black exterior colour in the Renault KIGER range. ...
Read More »Vedanta Jharsuguda celebrates Van Mahotsav Week
TBB BUREAU JHARSUGUDA, JULY 3, 2022 The Jharsuguda Unit of Vedanta Limited kick started the Van Mahotsav Week’ 22 celebrations with a painting competition for kids on the theme “Conservation of our Forests” organised at Vedanta Meadows Township on Sunday. Biju Patnaik Wildlife Award winner Ashish Shukla and Jharsuguda Bird Watchers Group member Ritesh Sharma graced the occasion along with ...
Read More »Vedanta Group expects $3.5-bn turnover from chip business by 2026-27
TBB BUREAU NEW DELHI, JULY 3, 2022 Vedanta Group expects its semiconductor business turnover to be in the range of USD 3 to 3.5 billion by FY2026-27, said its Global Managing Director of Display & Semicunductor Business Akash Hebber. “We expect our turnover to be in the range of USD 3-3.5 billion in the first phase which is by 2026-27. ...
Read More »Odisha govt presents Rs 2 lakh crore budget for FY 2022-23
TBB BUREAU BHUBANESWAR, JULY 2, 2022 Odisha Finance Minister Niranjan Pujari presented the annual budget of Rs 2 lakh crore for the financial year 2022-23 in the Odisha Legislative Assembly on Saturday. “Over last twenty-two years, there has been a seventeen-fold increase in budget size and this year, we are touching the landmark figure of Rs 2 lakh crore,” Pujari ...
Read More »PNB receives national award for promotion & development of MSME sector
TBB BUREAU NEW DELHI, JULY 2, 2022 Country’s second leading public sector bank Punjab National Bank won the third prize at the “National MSME Awards 2022” organized under the Entrepreneur-India programme by the Union Ministry of MSME in New Delhi. This award was presented by Minister Narendra Modi for PNB’s contribution towards the promotion and development of the MSME sector ...
Read More »TVS Motor sales grows by 22 pc in June 2022
TBB BUREAU BHUBANESWAR, JULY 2, 2022 TVS Motor Company registered a growth of 22% in June 2022 with sales of 308,501 units as against 251,886 units in the month of June 2021. Total two-wheelers registered a growth of 23% in June 2022 with sales increasing from 238,092 units in June 2021 to 293,715 units in June 2022. Domestic two-wheeler registered ...
Read More »Harsh Shah joins Azure Power as Chief Executive Officer
TBB BUREAU NEW DELHI, JULY 2, 2022 Azure Power, a leading sustainable energy solutions provider and renewable power producer in India, on Friday announced that Harsh Shah has joined the Company as its Chief Executive Officer. Harsh brings deep business and leadership experience with strong track record of building large infrastructure platforms, developing high performance teams and delivering operational ...
Read More »16th edition of Tata Steel Young Astronomer Talent Search kicks off
TBB BUREAU BHUBANESWAR, JULY 1, 2022 The 16th edition of Young Astronomer Talent Search (YATS) kicked off on Friday. Organised by Tata Steel in collaboration with Pathani Samanta Planetarium, Bhubaneswar, YATS aims to identify and promote the talent of school students of Odisha in the field of space science and astronomy. This year YATS will be conducted in a ...
Read More »Thousands of devotees throng Devbhoomi in Jindal Nagar to witness Rath Yatra
TBB BUREAU ANGUL, JULY 1, 2022 Thousands of devotees joined the first ever Rath Yatra festival held at Devbhoomi, Jindal Nagar here today. The chariots of Lord Balabhadra, Devi Subhadra and Lord Jagannath embarked on their annual sojourn from the Temple in Dev Bhoomi to Gundicha Temple in the township. Jindal Steel & Power Ltd. (JSP) Chairman Naveen Jindal joined ...
Read More »Union Bank of India launches charity initiative ‘U Smile – Spread Smiles’
TBB BUREAU MUMBAI, JULY 1, 2022 Union Bank of India today launched a unique charity initiative named “U Smile – Spread Smiles” at its Head Office in Mumbai, wherein all Unionites and well-wishers come forward and donate voluntarily for a cause. A well-structured provision for acceptance of clothes, grocery items and donation in cash has been provided for at the ...
Read More »AIR Cuttack Asst. Director Mrutyunjaya Samal superannuates
TBB BUREAU BHUBANESWAR, JULY 1, 2022 Superannuation of All India Radio Cuttack Assistant Director Mrutyunjaya Samal came as a shocker for listeners as they would now be deprived of hearing his soothing voice. Samal, who joined All India Radio (AIR) in February 1988, superannuated on June 30, 2022 from AIR, Cuttack. He also served at AIR Rourkela and AIR ...
Read More »GST collections up 56pc Y-o-Y to Rs 1,44,616 crore in June 2022
TBB BUREAU NEW DELHI, JULY 1, 2022 The Goods and Services Tax (GST) revenue in June 2022 rose to Rs 1.44 trillion, registering a growth of 56 per cent over the corresponding month last year, Finance Minister Nirmala Sitharaman said on Friday. The gross GST revenue collected in the month of June 2022 is Rs 144,616 crore of which CGST ...
Read More »MCL’s coal production grows over 35pc to 45.36 MT in Q1FY23
TBB BUREAU SAMBALPUR, JULY 1, 2022 Mahanadi Coalfields Limited (MCL) has ended Q1 of financial year 2022-23 on a high note, posting a massive growth of 35.4% in coal production along with double digit growth in coal dispatch and overburden removal (OBR) as against same period previous year. The leading coal producing subsidiary of Coal India Limited, under Ministry of ...
Read More »Tata Steel Foundation felicitates hockey player Namsi Jarika
TBB BUREAU KALINGANAGAR, JULY 1, 2022 Tata Steel Foundation hosted a felicitation programme for Namsi Jarika, captain of the junior hockey team of Odisha on Thursday. She had won silver medal in the recently concluded Khelo India Youth Game, 2022. Debdoot Mohanty, Chief – Corporate Services, Tata Steel, Kalinganagar and Allen Joseph Head, TSF, Kalinganagar along with other officials of ...
Read More »Aashirvaad Atta initiates digital ‘darshan’ experience for pilgrims at Puri Rath Yatra
TBB BUREAU BHUBANESWAR, JULY 1, 222 ITC’s Aashirvaad Atta, Odisha’s leading packaged atta brand, is back to celebrate Odisha’s most popular and prominent festival, the Puri Rath Yatra. Every year, lakhs of pilgrims gather to participate in the Rath Yatra to get a glimpse of the lord. To ensure that worshippers have a memorable experience, the brand has set up ...
Read More »Current valuations offer an excellent opportunity for staggered investments
TBB BUREAU MUMBAI, JULY 1, 2022 DSP Investment Managers says that current valuations offer an excellent opportunity for staggered investments and is positive on sectors like Banking & Financial Services, Autos & Ancillaries, Healthcare and some construction materials companies, while maintaining a cautious outlook on IT and metals segments. The recommendations are from DSP Investment Managers ‘The Navigator’, an asset ...
Read More »Nine-day sojourn of Trinity begins in Puri
TBB BUREAU PURI, JULY 1, 2022 After a Covid hiatus of two years, the nine-day sojourn of the holy Trinity – Lord Balabhadra, Lord Jagannath and Devi Subhadra – started in the pilgrim city of Puri this morning with lakhs of devotees taking part in the world famous car festival, popularly known as Rath Yatra. The rituals of the festival, ...
Read More »Subarnarekha Port organises skill development drive for students in Balasore district
TBB BUREAU BALIAPAL, JUNE 30, 2022 Subarnarekha Port Private Ltd (SPPL) has organised an assessment drive, in collaboration with JN Tata Vocational Training Institute (JNTVTI), Jamshedpur, to select local students around Baliapal and Basta in Balasore district for skill development training. More than 140 students from nearby villages had participated in the three-day assessment drive which started on June 28. ...
Read More »Reliance Brands forays into food & beverage space, signs franchise pact with Pret A Manger
TBB BUREAU MUMBAI, JUNE 30, 2022 Reliance Brands on Thursday announced its entry into the food and beverage space through a long-term master franchise partnership with UK-based fresh food and organic coffee chain Pret A Manger. RBL entered into this strategic partnership with Pret A Manger, to launch and build the brand in India and open the food chain across ...
Read More »AU Small Finance Bank’s long-term CRISIL rating upgraded to ‘AA/Stable’
TBB BUREAU MUMBAI/ JAIPUR, JUNE 30, 2022 The improving liability profile of AU Small Finance Bank, India’s largest small finance bank, has resulted in an upgrade in its CRISIL Ratings. AU Bank has been assigned a rating of CRISIL AA/Stable for its long-term debt instruments (Tier-II Bonds, Non-Convertible Debentures, and Subordinated Debt Bond) by CRISIL Ratings, one of the most ...
Read More »Jindal Bhaktivedanta Library & Study Centre opens in Odisha State Capital
TBB BUREAU BHUBANESWAR, JUNE 30, 2022 In a bid to help Odisha students from rural and semi-urban background in their capacity building for competing in various competitive examinations, Jindal Bhaktivedanta Library and Study Centre has been opened, here today. Bhubaneswar Municipal Corporation Mayor Sulochana Das inaugurated the Centre at IRC Village in presence of ISKCON Bhubaneswar Zonal Secretary His Holiness ...
Read More »SBI Card partners with Aditya Birla Finance to launch ‘Aditya Birla SBI Card’
TBB BUREAU NEW DELHI, JUNE 30, 2022 SBI Card, India’s largest pure-play credit card issuer, today announced the launch of ‘Aditya Birla SBI Card’, a highly rewarding lifestyle credit card, in a strategic partnership with Aditya Birla Finance Ltd (ABFL), the lending subsidiary of Aditya Birla Capital Ltd. The card has been designed to give customers significant reward points on ...
Read More »TPCODL gears up to ensure uninterrupted power supply during Rath Yatra
TBB BUREAU PURI, JUNE 30, 2022 Tata Power Central Odisha Distribution Limited (TPCODL), the joint venture between Tata Power and Odisha Government, has initiated a number of measures to ensure reliable power supply during the upcoming auspicious Rath Yatra. The DISCOM has ensured that all important areas like Jagannath temple, Gundicha temple, Sea Beach Road, CT Road and District Headquarters ...
Read More »Adani Sportsline partners as Principal Sponsor with Indian Olympics Association
TBB BUREAU AHMEDABAD, JUNE 30, 2022 Adani Sportsline,the sports arm of the Adani Group, has become an official partner with the Indian Olympics Association (IOA) for the upcoming Birmingham Commonwealth Games 2022, Hangzhou Asian Games 2022, and Paris Olympic Games 2024. This is the second time that the Adani Group has come on board with IOA. The earlier association ...
Read More »Union Cabinet approves deregulation of sale of domestically produced crude oil
TBB BUREAU NEW DELHI, JUNE 29, 2022 The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Narendra Modi, has approved ‘Deregulation of Sale of Domestically Produced Crude Oil’, whereby Government has decided to cease allocation of crude oil and condensate w.e.f. 01.10.2022. This will ensure marketing freedom for all Exploration and Production (E&P) operators. The condition in the ...
Read More »Cabinet approves computerization of 63K Primary Agriculture Credit Societies
TBB BUREAU NEW DELHI, JUNE 29, 2022 The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi, has approved computerization of Primary Agricultural Credit Societies (PACS) with the objective of increasing efficiency of PACS, bringing transparency and accountability in their operations; facilitating PACS to diversify their business and undertake multiple activities/ services. This project proposes computerization of about ...
Read More »GO FIRST inaugurates direct flight from Kochi to Abu Dhabi
TBB BUREAU KOCHI, JUNE 29, 2022 GO FIRST (formerly known as GoAir) on Tuesday achieved a milestone by introducing triweekly to and fro direct flights from Kochi to Abu Dhabi. The inaugural flight, G8 063 to Abu Dhabi, was flagged off from Kochi last evening at 20:05 hours. GO FIRST will operate three direct flight services per week between Kochi ...
Read More »India’s marine product exports grow by over 30pc to Rs 57,586.48 Cr
TBB BUREAU NEW DELHI, JUNE 29, 2022 India shipped 13,69,264 MT of seafood worth Rs 57,586.48 crore (USD 7.76 billion) during FY 2021-22, despite heavy odds. During the FY 2021-22, the export improved in rupee term by 31.71%, in USD terms by 30.26% and in quantity terms by 19.12%. In 2020-21, India had exported 11,49,510 MT of seafood worth Rs ...
Read More »Schools must foster the spirit of curiosity and innovation in students: Vice President
TBB BUREAU NEW DELHI, JUNE 29, 2022 Vice President M. Venkaiah Naidu on Wednesday appealed to schools across the nation to foster the spirit of curiosity, innovation and excellence in students to prepare them for the challenges of the Shri 21st century, technology-driven world. Calling for a futuristic approach to education while shunning rote education, Naidu said, “The best skill ...
Read More »Coal Ministry approaches Environment Ministry for inclusion of five coal mine pit lakes in Ramsar list, seeks World Bank assistance in re-purposing abandoned coal mines
TBB BUREAU NEW DELHI, JUNE 29, 2022 India’s coal sector is making sustained efforts to fulfil the fast escalating energy demands by further augmenting coal production. At the same time, the coal sector is also taking various initiatives towards adopting the path of sustainable development with emphasis on care for environment and host of measures to protect forests and biodiversity. ...
Read More »Jio, DigiBoxx to develop innovative data storage solutions
TBB BUREAU BENGALURU, JUNE 28, 2022 Jio Platforms Ltd, the digital services arm of Reliance Industries Ltd, and DigiBoxx, an Indian file storage and sharing platform, on Tuesday announced a collaboration with an aim to develop innovative storage solutions and further meet the cloud consolidation needs of Jio’s existing and future consumer base. With this collaboration, in addition to the ...
Read More »Odisha to have the highest number of EMRS in country
TBB BUREAU BHUBANESWAR, JUNE 28, 2022 As many as 87 Ekalavya Model Residential Schools (EMRSs) have been sanctioned for Odisha which is the highest for any state in India. Also as many as 19 schools have been sanctioned in Mayurbhanj alone which again is the highest for any district in India. This was stated by Union Minister of State for ...
Read More »Vedanta Lanjigarh bags Kalinga Environment Excellence Award for sustainability initiatives
TBB BUREAU LANJIGARH, JUNE 28, 2022 Vedanta Limited’s Lanjigarh unit, India’s premier producer of metallurgical grade alumina, has been honoured with the prestigious ‘Kalinga Environment Excellence Award 2021’ for its unwavering commitment and contribution towards environmental sustainability. Vedanta Lanjigarh is the Alumina Refinery unit of Vedanta Aluminium, India’s largest producer of aluminium. The award is a true testament of the ...
Read More »Akash Ambani named chairman of Reliance Jio
TBB BUREAU MUMBAI, June 28, 2022 Reliance Jio Infocomm Limited Board on Tuesday approved Akash Ambani’s appointment as the Chairman of the company as Mukesh Ambani resigned as a Director of the telecom company. In regulatory filing, Reliance Jio said the Board of Directors at its meeting held on Monday “approved the appointment of Akash Ambani, Non-executive Director, as the ...
Read More »31 companies submit bids for commercial coal mining auction
TBB BUREAU NEW DELHI, JUNE 29, 2022 A total of 31 companies have submitted 38 online and offline bids for commercial coal mining auction and now the technical evaluation will be carried out by a committee of senior officers, Union Coal Ministry announced on Tuesday. According to the ministry, the bids were received under three tranches of commercial coal ...
Read More »NTPC ER-II provides sanitary pad vending machines to college for hearng impaired
TBB BUREAU BHUBANESWAR, JUNE 28, 2022 Manjari Goswami, President Vasuda Mahila Mandal NTPC ER-II on Tuesday handed over sanitary pad vending machines and other essential items to Satyabhama Devi College for Hearing Impaired. This includes Aquaguards, food serving trays, refrigerator, sanitary napkin incinerator, etc. This was carried out as a part of NTPC -ER-II HQ CSR initiative and as gesture ...
Read More »POCO F4 5G becomes the highest selling flagship model on first day sales
TBB BUREAU BENGALURU, JUNE 28, 2022 India’s third-largest online smartphone brand POCO registered record-breaking sales with POCO F4 5G. The latest entrant in the F-series lineup, POCO F4 5G, has become the highest selling flagship model in first sale on Flipkart in less than 24 hours. With sale going live on 27th June at 12 noon on the platform, POCO ...
Read More »Tanishq launches ‘Rajadhiraj’ collection in Odisha to mark Rath Yatra
TBB BUREAU BHUBANESWAR, JUNE 28, 2022 Tanishq, India’s largest jewellery retail brand from the house of Tata on Tuesday announced the launch of a special jewellery collection ‘Rajadhiraj’ to celebrate the divine glory of Lord Jagannath ahead of the world famous Rath Yatra. The collection was launched in the presence of Ollywood actress Prakruti Mishra along with Alok Ranjan, Regional ...
Read More »15 companies selected under 2nd round of PLI scheme for white goods with committed investment of Rs 1,368 cr
TBB BUREAU NEW DELHI, JUNE 28, 2022 A total of 15 applicants have been selected under the second round of the PLI scheme in White Goods. After evaluation of the 19 applications received in the second round, 15 applicants with committed investment of Rs 1,368 crore have been chosen. These include 6 for manufacturing ACs components with committed investments of ...
Read More »World Bank approves $250 million program for making India’s roads safer
TBB BUREAU NEW DELHI, JUNE 27, 2022 The World Bank’s Board of Executive Directors has approved the financing of $250 million to support the Government of India’s Program for Strengthening Road Safety. The World Bank project will help participating states reduce road crash fatalities and injuries through improved road safety management and institutional reform, and results-based interventions on high-risk roads. ...
Read More »JSW Utkal relocates 205 Sal trees for environment conservation
TBB BUREAU JAJPUR, JUNE 24, 2022 With environment conservation as its core value, JSW Utkal Steel in association with Keonjhar Forest Division on Thursday started relocating as many as 205 Sal trees in the first phase from the proposed slurry pipeline way on NH-20. The relocation job would be completed in a week’s time, the steel major said in a ...
Read More »CSM Tech wins IMC Awards for transformation at JSW mines
TBB BUREAU MUMBAI, JUNE 24, 2022 CSM Technologies, a Bhubaneswar-headquartered IT consulting firm with business footprint in the USA, Dubai and Africa, has won the prestigious IMC Digital Technology Awards 2022 for Digital Logistics Management Solution (DLMS) in the category ‘Established IT and Technology Service companies transforming other businesses digitally across sectors’. DLMS has been implemented at JSW Steel’s Jajang, ...
Read More »SPIEF deliberates on telecommunication development & digitalization in Arctic
TBB BUREAU NEW DELHI, JUNE 24, 2022 Participants of the Conference on Telecommunication Development and Digitalization in the Arctic discussed the implementation of digital technologies in the Arctic at the St. Petersburg International Economic Forum (SPIEF). The event was held as part of the plan for the main events of the Russian Federation’s chairmanship of the Arctic Council in 2021–2023, ...
Read More »Bharat Matrimony’s social initiative “Pehle Padhai Phir Shaadi” wins 14 creative awards
TBB BUREAU CHENNAI, JUNE 24, 2022 Bharat Matrimony’s “Pehle Padhai Phir Shaadi” – a social initiative to empower girls to choose education over marriage – bagged 14 awards including 1 purple elephant for driving gender equality, and 5 blue elephants at the recent Kyoorius Creative Awards. The awards are celebrations of the most outstanding and innovative work in advertising and ...
Read More »BMW launches new M340i xDrive 50 Jahre M edition at Rs 68.90 lakh
TBB BUREAU GURUGRAM, JUNE 24, 2022 The new BMW M340i xDrive 50 Jahre M Edition has been launched in India today. Locally produced at BMW Group Plant Chennai and priced at Rs 68.90 lakh, the new exclusive edition can be booked through shop.bmw.in from today onwards. BMW India celebrates 50 years of BMW M with the launch of its first ...
Read More »TPSODL introduces numerous safety initiatives, converts over 2K unsafe locations to safer ones
TBB BUREAU BERHAMPUR, JUNE 24, 2022 As a part of their commitment towards safety, Tata Power Southern Odisha Distribution Limited (TPSODL), the joint venture between Tata Power and Odisha Government for power distribution in Southern Odisha, has implemented a number of safety measures including key safety training programs of 1,75,000 man-hours for all employees, well-structured safety policies and plans across ...
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