NEW DELHI, APRIL 15, 2024 (TBB BUREAU): Philips, a global leader in health technology, has announced its expansion in India with the introduction of a new Healthcare Innovation Centre (HIC) in Pune. The centre, slated to open in two years, will mark a significant milestone for the company’s footprint in the country. Spanning approximately 300,000 square feet in its initial ...
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Vedanta secures Rs 3,918 crore loan from PFC to propel power projects’ expansion
NEW DELHI, APRIL 15, 2024 (TBB BUREAU): In a significant development for the energy sector, billionaire Anil Agarwal-led mining conglomerate Vedanta Ltd has successfully secured a long-term loan of Rs 3,918 crore from Power Finance Corporation Ltd (PFC), according to sources familiar with the matter. The 11-year term loan marks a crucial milestone for Vedanta, facilitating the acceleration of its ...
Read More »Wholesale inflation rises to three-month high of 0.53pc in March
NEW DELHI, APRIL 15, 2024 (TBB BUREAU): Wholesale inflation in the country surged to a three-month high of 0.53 per cent in March, up from 0.20% in the previous month, driven by increases in vegetable, potato, onion, and crude oil prices. The Wholesale Price Index (WPI)-based inflation had been in negative territory from April to October before turning positive in ...
Read More »Paradip Port Authority honours fallen heroes, launches National Fire Service Week
PARADIP, APRIL 15, 2024 (TBB BUREAU): In a heartfelt homage to the fearless firefighters who valiantly gave their lives in the tragic Bombay Dock Explosion of April 14, 1944, the Paradip Port Authority (PPA) solemnly inaugurated the National Fire Service Week on Monday. Guided by the esteemed leadership of PPA Chairman PL Haranadh, a robust Fire Safety Awareness Drive has ...
Read More »Ambuja Cements to acquire My Home Group’s grinding unit for Rs 413.75 Cr
NEW DELHI, APRIL 15, 2024 (TBB BUREAU): Ambuja Cements, a subsidiary of the Adani Group, has announced its acquisition of My Home Group’s cement grinding unit located in Tuticorin, Tamil Nadu, for a total value of Rs 413.75 crore. The agreement, signed by Ambuja Cements, entails the acquisition of a grinding unit with a capacity of 1.5 million tonnes per ...
Read More »NTPC Bongaigaon pays tributes to Dr. BR Ambedkar on his 134th birth anniversary
BONGAIGAON, APRIL 14, 2024 (TBB BUREAU): The employees of NTPC Bongaigaon gathered at the New Administrative Office Complex here on Sunday to pay homage to Dr. BR Ambedkar on the occasion of his 134th birth anniversary. This solemn occasion was marked by reverence and remembrance of the monumental contributions made by Dr. Ambedkar to our nation. The event was graced ...
Read More »Paradip Port Authority honors the legacy of Bharat Ratna Dr. BR Ambedkar
PARADIP, APRIL 14, 2024 (TBB BUREAU): In a heartfelt tribute to the visionary leader Bharat Ratna Dr. BR Ambedkar on his birth anniversary on Sunday, the Paradip Port Authority (PPA) commemorated his legacy with reverence and gratitude. Led by PPA Chairman PL Haranadh, the fraternity assembled in the morning to pay homage at the statue of Dr. Ambedkar within the ...
Read More »DRDO successfully completes field evaluation of indigenous Man Portable Anti-tank Guided Missile System
NEW DELHI, APRIL 14, 2024 (TBB BUREAU): In a significant stride towards bolstering India’s defense capabilities, the Defence Research & Development Organisation (DRDO) has achieved a milestone with the successful field evaluation of the Man Portable Anti-tank Guided Missile (MPATGM) Weapon System. Designed and developed indigenously, the MPATGM system underwent rigorous testing in various flight configurations, demonstrating its technological prowess ...
Read More »Vedanta Aluminium champions grassroots cricket with support for Kashipur Premier League
RAYAGADA, APRIL 13, 2024 (TBB BUREAU): Vedanta Aluminium, India’s leading aluminium producer, demonstrated its commitment to nurturing sporting talent in rural Odisha by supporting the latest edition of the Kashipur Premier League (KPL), a cricket tournament organised annually by local community members in Kashipur. The tournament, which commenced on March 3, 2024, witnessed enthusiastic participation from 175 cricket players representing ...
Read More »International Gem & Jewellery Show in Jaipur attracts global buyers
JAIPUR, APRIL 12, 2024 (TBB BUREAU): The Gem Jewellery Export Promotion Council (GJEPC) is hosting the third edition of the International Gem & Jewellery Show (IGJS) in Jaipur from April 12-14, drawing the participation of 250 buyers from 27 countries. Buyers from diverse nations including Algeria, Argentina, Australia, Brazil, Canada, Egypt, Greece, Iran, Italy, Jordan, Kazakhstan, Kenya, Lebanon, Mexico, Russia, ...
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