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Jindal Global Business School signs MoUs with 11 Universities in 5 nations

TBB BUREAU NEW DELHI, FEBRUARY 24, 2022 Jindal Global Business School (JGBS), of O.P. Jindal Global University (JGU), has expanded its international partnership portfolio by signing 11 new Memorandums of Understanding (MoUs) with prestigious business schools and universities in five countries spanning four continents. The new international collaborations include top business schools such as the Wharton School at the University ...

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Deepak Agrawal takes over as JSL’s Jajpur Unit Head

TBB BUREAU BHUBANESWAR, FEBRUARY 24, 2022 Jindal Stainless Limited (JSL), India’s largest stainless steel manufacturing company, appointed Deepak Agrawal as the Unit Head of its manufacturing facility in Jajpur, Odisha. Prior to this, Agrawal was responsible for overseeing the Hot and Cold Rolling Divisions, and managing the Civil, Projects, and Customer Supply Management functions at the plant. Commenting on the ...

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MINI celebrates 10 Years in India with launch of first all-electric car

TBB BUREAU GURUGRAM, FEBRUARY 24, 2022 The first all-electric MINI 3-Door Cooper SE was launched in India today. Available as a completely built-up unit (CBU), all available units were sold out during the pre-launch booking in Q4 2021. MINI India will be delivering the cars to the pre-launch customers from March 2022, earlier than promised. Bookings for the next phase ...

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Godrej Appliances launches wide range of air conditioners with smart features

TBB BUREAU MUMBAI, FEBRUARY 24, 2022 Godrej Appliances, the flagship company of the Godrej Group, on Thursday announced the launch of its premium range of air conditioners (ACs) with advanced cooling, air purification technology, IoT controls, differentiated aesthetics and more. These air conditioners provide smart controls to increasingly tech-savvy consumers, along with comfort and safety through IoT, UVCool technology, Nano ...

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Amrita Vishwa Vidyapeetham accepting MBA Applications

TBB BUREAU NEW DELHI, FEBRUARY 24, 2022 Amrita University, ranked A++ by NAAC and the 5th Best Overall University in India in the National Institution Ranking Framework (NIRF) for 2021, has announced that admissions for its post-graduate management programs are now available. For MBA aspirants, AACSB (Association to Advance Collegiate Schools of Business) ranked Amrita School of Business (ASB) is ...

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Union Coal Minister inaugurates implementation of ERP pan Coal India

TBB BUREAU NEW DELHI, FEBRUARY 24, 2022 Union Minister of Coal, Mines and Parliamentary Affairs Pralhad Joshi on Wednesday Inaugurated Implementation of ERP pan Coal India at a function held in New Delhi. With this, ERP is now operational pan Coal India including all its subsidiaries and units. Joshi also released the book “Fuelling India’s Energy Needs” on this occasion. ...

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Orissa HC seeks fresh report on violence over proposed JSW mega steel project at Dhinkia

TBB BUREAU BHUBANESWAR, FEBRUARY 23, 2022 In a significant development, the Orissa High Court on Wednesday sought a fresh report from the State government on the alleged police excesses on villagers opposing the proposed JSW mega steel project at Dhinkia in Jagatsinghpur district. In its directive today, the High Court asked the fact finding committee to visit the site again ...

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Maruti Suzuki launches new Baleno

TBB BUREAU NEW DELHI, FEBRUARY 23, 2022 India’s largest carmaker Maruti Suzuki India (MSI) on Wednesday launched the all new version of its premium hatchback Baleno priced between Rs 6.35-9.49 lakh (ex-showroom). The manual trims of the model are priced between Rs 6.35 lakh and Rs 8.99 lakh while the automatic variants (with auto gear shift technology) are priced between ...

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ICICI Bank aims at growing its retail loan disbursement in Odisha by 25pc to over Rs. 5200 crore in FY22

TBB BUREAU BHUBANESWAR, FEBRUARY 23, 2022 Country’s leading private sector bank ICICI Bank on Wednesday announced that it continues to strengthen its retail franchise in Odisha through a host of digital initiatives and customer-centric approach. These initiatives are likely to grow the bank’s retail loan disbursement in the state by 25 per cent to over Rs. 5,200 crore at the ...

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Bharat Matrimony encourages girls to choose education over marriage through “Pehle PadhaiPhir Shaadi” social campaign

TBB BUREAU DELHI, FEBRUARY 22, 2022 Bharat Matrimony, India’s leading matrimony service, today announced “Pehle  Padhai Phir Shaadi” – a social initiative to empower girls to choose education over marriage. Through this initiative select girl students from Jaisalmer, Rajasthan, who will complete 12th standard this year, will receive scholarships to help them pursue their dreams through college education. Jaisalmer’s walls ...

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Dalmia Cement facilitates Vision Technician training for local youth

TBB BUREAU RAJGANGPUR, FEBRUARY 22, 2022 With the objective of providing skill training and employment opportunities to the local youth, Dalmia Cement (Bharat) Limited in collaboration with Bhubaneswar-based LV Prasad Eye Institute (LVPEI) launched a program to facilitate Vision Technician training to unemployed youth from land-oustees’ families. For Vision Technician (VT) training, the company has identified unemployed youth from Lanjiberna, ...

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Kalrock-Jalan appoints ex-SriLankan Airlines CEO Vipula Gunatilleka as Jet Airlines CFO

TBB BUREAU NEW DELHI, FEBRUARY 22, 2022 Jalan Kalrock consortium, the promoters of Jet Airways, has appointed Vipula Gunatilleka as the Chief Financial Officer (CFO) of the airline. He has been tasked with reviving the grounded carrier. Gunatilleka, who till January, was the CEO of SriLankan Airlines, will join Jet Airways from March 1, 2022. Considered as an aviation expert, ...

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Amrita Vishwa Vidyapeetham in pact with Tranquility IOT and Big Data to launch wearable device for monitoring glucose and BP

TBB BUREAU NEW DELHI, FEBRUARY 22, 2022 Amrita Vishwa Vidyapeetham has entered into a pact with the Kochi-based startup Tranquility IOT and Bid Data Solution Pvt Ltd for the manufacture and sale of a non-invasive device — Amrita Spandana — developed by Amrita researchers for home-monitoring of glucose and blood pressure. Developed and patented by the varsity’s Centre for Wireless ...

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BOB Financial and IRCTC launch Co-Branded RuPay Contactless Credit Card

TBB BUREAU MUMBAI/NEW DELHI, FEBRUARY 21, 2022 BOB Financial Solutions Limited (BFSL), a wholly owned subsidiary of Bank of Baroda (BoB), and Indian Railway Catering and Tourism Corporation Ltd (IRCTC) have come together to launch the IRCTC BoB RuPay Contactless Credit Card. The card is specially curated to offer maximum savings to frequent railway travellers. Users of this card will ...

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TPCODL’s Mobile Health Dispensary benefits over 10K villagers in 94 GPs

TBB BUREAU BHUBANESWAR, FEBRUARY 21, 2022 The first Mobile Health Dispensary (MHD) launched by TP Central Odisha Distribution Ltd (TPCODL) has already benefited more than 10,000 villagers across 94 gram panchayats in Dhenkanal and Angul districts within the first four months of its roll out.  The MHD has been instrumental in bringing positive impact amongst villagers. Earlier, people had to ...

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JioFiber crosses 1-lakh subscribers mark in Odisha, expands service to 27 cities and towns

TBB BUREAU BHUBANESWAR, FEBRUARY 21, 2022 In a significant achievement, JioFiber, the ultra high-speed broadband service of Reliance Jio, has crossed 1 lakh subscribers mark in Odisha in December 2021, making it the fastest growing wired broadband service provider in the state. As per the latest telecom subscriber data published by Telecom Regulatory Authority of India (TRAI), JioFiber, the wired ...

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Tata Steel Kalinganagar onboards 12 transgender employees as Crane Operator Trainees

TBB BUREAU KALINGANAGAR, FEBRUARY 21, 2022 Tata Steel further expanded its transgender employee base last week by onboarding 12 Crane Operator Trainees from the LGBTQ+ community at its Kalinganagar plant. In December 2021, in a landmark initiative Tata Steel’s West Bokaro Division onboarded 14 transgender people as Heavy Earth Moving Machinery (HEMM) Operators at its mines. This step of onboarding ...

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Capri Global Capital aims to build Rs 8000 crore gold loan book in next five years

TBB BUREAU MUMBAI, FEBRUARY 21, 2022 Capri Global Capital Ltd. (CGCL), a non-deposit-taking and systemically important NBFC (NBFC-ND-SI) plans to enter the gold loan business. The company will launch this business in the first half of the financial year 2022-23. The company aims to build a gold loan book size of Rs. 8,000 crore and expand its network with1500 branch ...

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Jio’s IAX undersea cable system to land in Maldives

TBB BUREAU MUMBAI, FEBRUARY 21, 2022 Reliance Jio Infocomm Ltd. (Jio), India’s largest 4G and mobile broadband digital service provider, will land the next generation multi-terabit India-Asia-Xpress (IAX) undersea cable system in Hulhumale, Maldives. The high capacity and high-speed IAX system will connect Hulhumale’ directly with World’s major internet hubs in India and Singapore. The Minister of Economic Development, Hon. ...

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NTPC surpasses 2020-21 electricity generation of 314 billion units

TBB BUREAU RANCHI, FEBRUARY 19, 2022 State-run power giant NTPC on Saturday said it surpassed the maximum annual electricity generation of 314 billion units achieved in 2020-21 on February 18. NTPC has recorded a generation of 314.89 billion units up to February18, 2022, surpassing the maximum annual generation of 314 BU achieved in 2020-21, a company statement said. Last year, ...

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Utkal Alumina’s ‘Project Kaushalya’ empowers Rayagada women

TBB BUREAU BHUBANESWAR, FEBRUARY 19, 2022 Aditya Birla Group’s Utkal Alumina International Limited’s (UAIL) project ‘Kaushalya’ is reaching out to the unemployed rural women and through income generation helping them become self-reliant. Since its commencement in September 2015, it has trained more than 175 women in tailoring and appliqué making and has created sustainable livelihood opportunities for them in the ...

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Education-focused fintech platform Propelld raises Rs. 262 crore in Series B funding

TBB BUREAU BHUBANESWAR/CUTTACK/ROURKELA, FEBRUARY 18, 2022 Propelld, an education-focused fintech platform, has raised Rs. 262 crore in Series B funding round led by West Bridge Capital along with the existing investors – Stellaris Venture Partners and India Quotient. Founded by IITians Bibhu Prasad Das, Victor Senapaty and Brijesh Samantaray in 2017, Propelld has now tie-ups with over 550 educational institutes ...

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SBI Life, SWATI join hands to ensure continued education for tribal children in Odisha

TBB BUREAU BHUBANESWAR, FEBRUARY 18, 2022 SBI Life Insurance, one of the most trusted private life insurers in India, joined hands with Social Welfare Agency & Training Institute (SWATI), to empower the children of tribal communities in Odisha by providing them quality education in order to develop age appropriate learning levels. The initiative has been undertaken as part of SBI ...

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Renault TRIBER achieves 1-lakh sales milestone in India, launches limited edition

TBB BUREAU NEW DELHI, FBRUARY 18, 2022 Renault, the number one European brand in India, on Friday announced that Renault TRIBER has crossed the 1-lakh sales milestone in India. Staying true to its commitment to keep building on the success of TRIBER with breakthrough product innovations and to celebrate this milestone, Renault India has introduced the TRIBER Limited Edition (LE) ...

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AM/NS India empowers women through project ‘Aajeevika’

TBB BUREAUBHUBANESWAR, FEBRUARY 17, 2022In a bid to empower women around its area of operation and create livelihood opportunities, ArcelorMittal Nippon Steel India (AM/NS India) under its ‘Aajeevika’ project, has started skill development programmes at Paradip.The Company has set up a Lok Vikas Kendra (LVK), centre for resource training and skill building, at Paradip to impart training on tailoring, terracotta ...

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RSP’s Project ‘Garima’ hones creative skills of women, empowers economically

TBB BUREAU ROURKELA, FEBRUARY 17, 2022 Project ‘Garima’ undertaken by the Corporate Social Responsibility (CSR) wing of Rourkela Steel Plant (RSP) under its women’s empowerment initiative, has successfully entered the second month of its training module based on honing the embroidery skills of the women of Industrial slums. Ten women including adolescent girls and teenagers from Shantinagar Basti are undergoing ...

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Vedanta, TERI join hands to accelerate its ESG goals

TBB BUREAU NEW DELHI, FEBRUARY 17, 2022 Vedanta on Thursday signed an agreement with TERI to accelerate its Environmental, Social, and Governance (ESG) goals. Vedanta plans to invest around Rs 200 crore over the next five to 10 years on R&D and sustainability initiatives to promote and build a sustainable ecosystem. “Vedanta… on Wednesday signed a Memorandum of Understanding with ...

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IWAI to develop inland waterways as credible and viable means of transport: Singh

TBB BUREAU BHUBANESWAR, FEBRUARY 17, 2022 The Inland Waterways Authority of India (IWAI) plans for developing Inland Waterways as a credible and viable means of transport. The target is to achieve 200 million tonnes per annum through this mode and achieving at least 5 percent of the total traffic volume of the country,” said Jayant Singh, Vice Chairman, Inland Waterways ...

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Piramal Lacto Calamine rapidly expands its oily skincare range of products

TBB BUREAU MUMBAI, FEBRUARY 17, 2022 Piramal Pharma Limited’s Consumer Products Division today announced the expansion of its Lacto Calamine skin care product range. The brand has launched a new campaign, ‘For a Clear Matte Face Daily,’ and brought onboard popular B-town actress, Amyra Dastur as the brand ambassador. With an aim to double its growth in the next 12- ...

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BSE Ebix, LIC join hands for distribution of insurance products

TBB BUREAU NEW DELHI, FEBRUARY 17, 2022 BSE Ebix Insurance Broking, a joint venture of BSE and Ebix Fincorp Exchange Pte Ltd, on Thursday announced signing of an insurance broker agreement for the distribution of Life Insurance Corporation’s (LIC) products on its on its state-of-the-art hi-tech platform. Under this agreement, BSE Ebix will offer their clients insurance products offered by ...

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GKEL’s 100th fly ash rake – a record in ECoR

TBB BUREAU DHENKANAL, FEBRUARY 16, 2022 Availing the relief in freight extended by Railways for transportation of fly ash, GMR Kamalanga Energy Limited (GKEL) started transporting fly ash produced in the plant to various users by rail since October 25, 2021.  GKEL achieved a major milestone of becoming the first power plant for dispatching 100th rake of fly ash in ...

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Jindal Stainless, ISM Dhanbad ink pact for joint R&D projects

TBB BUREAU BHUBANESWAR, FEBRUARY 16, 2022  India’s largest stainless-steel manufacturer Jindal Stainless Limited (JSL), and the prestigious Indian Institute of Technology (ISM) Dhanbad have signed an MoU to jointly carry out research and development on various projects. With this partnership, JSL envisions to take up research, new product development, environment safety, and skill development along with IIT (ISM). The MoU ...

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270 units of blood collected at Hindalco blood donation camp

TBB BUREAU BHUBANESWAR/ SAMBALPUR, FEBRUARY 16, 2022 A mega blood donation camp was organized, jointly by the Odisha Police Sambalpur and Hindalco at Hirakud in the Main Colony Community Hall in which around 270 units of blood were collected. The blood donation camp was inaugurated by Sambalpur Superintendent of Police B Gangadhar in the presence of Hindalco Sambalpur Cluster Head ...

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TCS iON partners with NTTF to launch industry-led skilling programs

TBB BUREAU BHUBANESWAR, FEBRUARY 16, 2022 TCS iON, a strategic unit of Tata Consultancy Services (TCS), and Nettur Technical Training Foundation (NTTF), a premier technical and vocational education and training institute, have come together to launch high-demand skill development programs across sectors, in the areas of robotics, automation, manufacturing, and electronics, in a unique phygital model, developed by the former. ...

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Singapore Airlines firms up order for seven Airbus A350F freighter aircraft

TBB BUREAU BHUBANESWAR, FEBRUARY 16, 2022 Singapore Airlines (SIA) has firmed up an order for seven Airbus A350F freighters, with options for five more aircraft. The A350Fs will replace SIA’s seven Boeing 747-400F freighters. The Airline will be the first carrier to operate this new generation wide body freighter aircraft when deliveries begin in the fourth quarter of 2025. Airbus ...

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India’s exports and imports moderate in Jan’22

Aditi Gupta India’s exports moderated to US$ 34.5bn in Jan’22 (25.3% YoY) from a record-high of US$ 37.8bn in Dec’21 (38.9%). Oil exports moderated more than non-oil exports. In FYTD22 (Apr-Jan), India’s exports have increased at a solid pace of 47.8% to US$ 338bn, compared with a decline of 13.4% in the same period last year. Improvement in global demand ...

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TRENDS now in Bhawanipatna

TBB BUREAU BHAWANIPATNA, FEBRUARY 15, 2022 India’s largest and fastest growing apparel and accessories specialty chain of Reliance Retail, TRENDS, on Tuesday announced the launch of its new Store in Bhawanipatna town of Kalahandi district in the Odisha. The TRENDS store at Bhawanipatna boasts of modern looks and ambience featuring an exciting range of good quality and fashion merchandise that ...

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RapiPay forays into Digital Banking, raises USD 15 million

TBB BUREAU NEW DELHI, FEBRUARY 15, 2022 Consolidating its position as a leader in the Fintech industry RapiPay has raised $15 million in funding to launch NYE, a new age digital banking super App. Believing in RapiPay’s growth story, the current funding round is led by Varun Jaipuria (RJ Corp), DLF Family Office, Rahul Gautam (Sheela Foam) and Rohan Kumar ...

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Jio Platforms to invest US$200 million in Glance

TBB BUREAU SINGAPORE/MUMBAI, FEBRUARY 14, 2022           Leading AI-driven lock-screen platform Glance has agreed to raise $200 million from Jio Platforms (Jio) in its ‘Series D’ round of funding, subject to regulatory approvals. According to Jio, the proposed investment is aimed at accelerating Glance’s launch in several key international markets outside of Asia such as the US, Brazil, Mexico and ...

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Tata Sons appoints Ilker Ayci CEO & MD of Air India

TBB BUREAU MUMBAI, FEBRUARY 14, 2022            Tata Sons on Monday announced the appointment of former chairman of Turkish Airlines Ilker Ayci as the Chief Executive Officer and Managing Director of Air India.            The Air India board approved the appointment of Ayci as the CEO & MD of Air India this afternoon, Tata Sons said in a statement. Ayci ...

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Jindal School of Banking & Finance establishes new international partnerships with 9 universities

TBB BUREAU SONIPAT, FEBRUARY 14, 2022  The Jindal of Banking & Finance (JSBF) at OP Jindal Global University (JGU) has expanded its international partnership network by signing and initiating the process of signing nine new Memorandums of Understanding (MoUs) with leading universities in five countries. As a part of its ambition and commitment to providing its students a global learning ...

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Grasim Industries’ Q3FY22 net profit jumps 23pc to Rs 2,655 cr

TBB BUREAU NEW DELHI, FEBRUARY 14, 2022 Aditya Birla Group firm Grasim Industries Ltd on Monday reported a 23.10 per cent jump in its consolidated net profit to Rs 2,655.45 crore for the third quarter ended on December 31, 2021. The company had posted a net profit of Rs 2,157.12 crore during the October- December quarter of the previous financial ...

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Vedanta Aluminium breaks into Dow Jones Sustainability Index Top 10 rankings

TBB BUREAU NEW DELHI, FEBRUARY 14, 2022 Vedanta Aluminium Business, India’s largest producer of aluminium and value-added products, secures fourth rank among global aluminium producers in the Dow Jones Sustainability Index (DJSI) family. The Dow Jones Sustainability Indices are a family of best-in-class global benchmarks that track the performance of the world’s leading companies in terms of economic, environmental and ...

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TTK Prestige launches ‘Super Saver’ offers

TBB BUREAU BHUBANESWAR, FEBRUARY 14, 2022 India’s leading kitchen appliances brand TTK Prestige recently introduced the Super Saver offer, which allows consumers to shop to their hearts content, whilst availing of exciting deals and discounts. The promotion which is available until February 28,  provides the perfect opportunity for home-cooks to celebrate the season of new beginnings with great savings. As ...

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SBI Life embarks on brand reimagine journey

TBB BUREAU MUMBAI, FEBRUARY 14, 2022 SBI Life Insurance, one of the most trusted private life insurers in the country, unveiled its re-imagined ‘Brand Identity’, which is a unique expression of the brand’s core belief i.e. ‘Independence in thinking’. SBI Life’s brand line has also been redefined to ‘Apne Liye, Apno Ke Liye’ which showcases the insurers’ attempt at enabling ...

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Renault India partners CSC e-Governance Services to support PM Gramin Digital Saksharta Abhiyaan

TBB BUREAU NEW DELHI, FEBRUARY 14, 2022 Automaker Renault India on Monday said it has partnered with CSC e-Governance Services (Common Service Centres) to support the Pradhan Mantri Gramin Digital Saksharta Abhiyaan (PMGDISHA), the country’s flagship programme that aims to provide digital literacy to masses. The partnership between Renault India and CSC Academy is aimed at empowering the citizens in ...

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Jio Platforms, SES form JV to deliver satellite-based broadband services in India

TBB BUREAU LUXEMBOURG / MUMBAI, FEBRUARY 14, 2022 In a major development in Indian mobile space, country’s leading digital service provider Jio Platforms Limited (JPL) has formed a joint venture – Jio Space Technology Limited – with global satellite-based content connectivity solutions provider SES to deliver the next generation scalable and affordable broadband services in India leveraging satellite technology. JPL ...

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