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TPCODL sparks relief: Over 84,500 consumers in Cuttack City to enjoy uninterrupted power amidst sweltering heatwave

BHUBANESWAR, APRIL 22, 2024 (TBB BUREAU): Tata Power Central Odisha Distribution Limited (TPCODL), renowned for its consumer-centric ethos and commitment to providing high-quality power, has taken bold strides to enhance electricity services for consumers in Odisha. Amidst the sweltering heatwave gripping the region and soaring electricity demands, TPCODL has implemented significant infrastructural developments to alleviate the plight of residents. In ...

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Reliance Industries hits Rs 10 lakh crore milestone in gross revenues

MUMBAI, APRIL 22, 2024 (TBB BUREAU): Reliance Industries Limited (RIL), spearheaded by billionaire Mukesh Ambani, on Monday announced a landmark achievement with gross revenues reaching Rs 10 lakh crore ($119.9 billion) for the fiscal year ending March 31, 2024, marking a 2.6 percent year-on-year (Y-o-Y) increase. Notable highlights include an 11.7 percent year-on-year revenue growth for Jio Platforms, driven by ...

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Finance Ministry announces Rs 32,000 crore Government Bond sale

NEW DELHI, APRIL 22, 2024 (TBB BUREAU): The Union Finance Ministry on Monday revealed plans for the sale of government bonds totaling Rs 32,000 crore, slated for Friday, April 26, 2024. Divided into two categories, the first offering comprises “7.1 per cent Government Security 2034” valued at Rs 20,000 crore, while the second includes “7.46 per cent Government Security 2073” ...

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Vedanta Aluminium accelerates shift to renewables, deploys biomass for power generation on Earth Day

NEW DELHI, APRIL 22, 2024 (TBB BUREAU): Vedanta Aluminium, India’s leading aluminium producer, marked Earth Day 2024 with a significant stride towards sustainability by implementing biomass briquettes for power generation. The company has commenced the use of 20 tonnes of biomass briquettes per day at its state-of-the-art alumina refinery at Lanjigarh in Odisha. This transition is expected to reduce the ...

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CCI launches market study on Artificial Intelligence and competition in India

NEW DELHI, APRIL 22, 2024 (TBB BUREAU): In a bid to comprehensively understand the evolving landscape of Artificial Intelligence (AI) and its implications on competition, the Competition Commission of India (CCI) has announced the initiation of a Market Study. This pioneering endeavour aims to delve deep into the transformative potential of AI while addressing pertinent competition concerns arising from its ...

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TPCODL’s Daksh Programme empowers Odisha’s youth with market-ready skills

BHUBANESWAR, APRIL 21, 2024 (TBB BUREAU):  Tata Power Central Odisha Distribution Limited (TPCODL) is taking strides in youth empowerment through its latest Corporate Social Responsibility (CSR) endeavor, the Daksh programme. This initiative focuses on providing market-ready skill training to rural youth in Odisha, aiming to create avenues for meaningful employment and entrepreneurship. Recently, TPCODL celebrated a milestone with the convocation ...

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IRDAI removes age limit for health insurance, enhancing accessibility and protection

NEW DELHI, APRIL 21, 2024 (TBB BUREAU): In a move aimed at broadening the scope of the healthcare insurance market and providing comprehensive coverage, the Insurance Regulatory and Development Authority of India (IRDAI) has eliminated the age limit of 65 years for individuals purchasing health insurance policies. This significant departure from conventional constraints is expected to make healthcare coverage more ...

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India’s Direct Tax collections surge by 17.7pc to Rs 19.58 lakh crore

NEW DELHI, APRIL 21, 2024 (TBB BUREAU): India’s net direct tax collections for the fiscal year ended March 31, 2024 witnessed a substantial surge, recording a remarkable 17.7 per cent increase to reach Rs 19.58 lakh crore, announced the tax department on Sunday. The net collections of income and corporate taxes, which constitute the majority of direct taxes, surpassed both ...

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EPFO’s provisional payroll data reveals addition of 15.48 lakh net members in February 2024

NEW DELHI, APRIL 20, 2024 (TBB BUREAU): According to provisional payroll data released by the Employees’ Provident Fund Organisation (EPFO) on April 20, 2024, the organisation has witnessed a substantial increase of 15.48 lakh net members in the month of February 2024. The data further highlights that approximately 7.78 lakh new members were enrolled during February 2024. Notably, a significant ...

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Indian Railways to operate record-breaking 9111 trips during summer season

NEW DELHI, APRIL 19, 2024 (TBB BUREAU): In anticipation of heightened travel demand during the summer months, Indian Railways is gearing up to operate a record-breaking 9111 trips, showcasing its commitment to meeting passenger needs effectively. This substantial increase from the 6369 trips offered during the summer of 2023 demonstrates Indian Railways’ dedication to ensuring passenger convenience and seamless travel ...

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