TBB BUREAU NEW DELHI, JANUARY 31, 2022 India’s largest integrated energy producer, NTPC Ltd. has been bestowed with the ‘India’s Best Workplaces in Manufacturing 2022 – Top 30’ recognition by the Great Place to Work Institute. This is fifth year in a row, NTPC has been bestowed with the recognition. In the 5th edition of India’s Best Workplaces in Manufacturing, ...
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NTPC Coal Mining Headquarters organises Inter School E-Quiz Competition
TBB BUREAU RANCHI, JANUARY 30, 2021 As part of the celebrations of 125th birth anniversary of Netaji Subhash Chandra Bose and 75th Azadi ka Amrit Mahotsav, NTPC Coal Mining Headquarters, Ranchi organized NTPC Coal Mining Inter School Online Quiz Competition on Saturday. The focus of this quiz competition was on Netaji and the Indian Freedom Movement. Various schools in and ...
Read More »Corporate Social Responsibility: Progress through Partnership
TBB BUREAU BHUBANESWCAR, JANUARY 29, 2022 With an objective to facilitate dialogue with stakeholders to sketch out a framework for inclusive growth of the State, Confederation of Indian Industry (CII) Odisha organized a virtual conclave on “Corporate Social Responsibility: Progress through Partnership” on Saturday. Leaders from leading corporate houses in Odisha deliberated on leveraging CSR initiatives by various organizations for ...
Read More »Sonowal reviews progress of green initiatives undertaken for development of Green Ports & Green Shipping in India
TBB BUREAU NEW DELHI, JANUARY 29, 2022 Union Minister of Ports, Shipping and Waterways Sarbanand Sonowal on Saturday said that initiatives are being implemented by Major Ports of India that include areas, such as increase share of renewable energy to more than 60% across major ports by 2030. MoPSW is also working on draft of a “Green Port Policy” ...
Read More »Central Bank Q3 profit rises 69pc to Rs 279 crore on core income growth
TBB BUREAU NEW DELHI, JANUARY 28, 2022 Central Bank of India on Friday reported 69 per cent jump in its net profit at Rs 279 crore for the quarter ended December 31, 2021 on the back of healthy growth in core income and fall in bad loan proportion. The bank had posted a net profit of Rs 165 crore in ...
Read More »IIFL Home Finance, Indian Naval Placement Agency sign MoU for hiring Navy veterans
TBB BUREAU BHUBANESWAR, JANUARY 28, 2022 IIFL Home Finance Ltd. (IIFL HFL) and the Indian Naval Placement Agency (INPA) today signed an MoU, through which the two entities will explore opportunities for the recruitment of naval veterans within IIFL HFL. IIFL HFL aims to hire veterans/ Ex-servicemen/dependents who have retired from the Indian Navy. Monu Ratra, ED & CEO, IIFL ...
Read More »Vedanta Q3FY22 net profit up 26pc at Rs 4,164 cr
TBB BUREAU NEW DELHI, JANUARY 28, 2022 Vedanta Ltd on Friday reported a 26.2 rise in its consolidated net profit at Rs 4,164 crore for the third quarter (Q3) of the current financial year. Vedanta Ltd had posted a consolidated net profit of Rs 3,299 crore in the corresponding period in the previous fiscal, the Company said in a filing ...
Read More »Odisha’s Anadrone Systems bags contract to manufacture advanced Aerial Targets for Indian Army and Airforce
TBB BUREAU BHUBANESWAR, JANUARY 28, 2022 In a landmark event under the Make in India scheme of the Ministry of Defence, Odisha-based Anadrone System has bagged the contract to supply advanced defence equipment to the Indian Army and Air Force. The contract to supply 125 Maneuverable Expendable Aerial Targets (MEAT) and associated equipment worth Rs 96 crore, under the Make ...
Read More »Vedant Fashions IPO opens on Feb 4
TBB BUREAU BHUBANESWAR, JANUARY 28, 2022 Ethnic apparel retailer Vedant Fashions Ltd, which owns brands including ‘Manyavar’, ‘Mohey’, ‘Mebaz’, ‘Manthan’ and ‘Twamev’, will launch its initial public offering (IPO) on February 4. The Kolkata-based company has fixed the price band of Rs 824-866 per share and the public issue is expected to fetch Rs 3,149 crore, at the upper end ...
Read More »Airtel and Google partner to help grow India’s digital ecosystem
TBB BUREAU BHUBANESWAR, JANUARY 28, 2022 Bharti Airtel (“Airtel”), one of India’s premier communications solutions providers, and Google today announced that they will partner on a long-term, multi-year agreement to accelerate the growth of India’s digital ecosystem. Together, they will work to bring best-in-class end-to-end products to serve customer needs, provide quality customer experience, and bring their expertise to solve ...
Read More »William Penn launches Pennline Calendar & Financial Year Planner 2022-23
TBB BUREAU BHUBANESWAR, JANUARY 28, 2022 Finally a planner that ensures you, your boss and your accountant are all on the same page. Many of your key dates, plans and commitments are aligned with the financial year and not the calendar year, so why not use a planner designed for both? The first of its kind in India, Pennline’s 15-month ...
Read More »‘Air Vaidya’ fumigation can mitigate Covid-19 infection: BHU scientists
TBB BUREAU NEW DELHI, JANUARY 28, 2022 At a time when the whole world is grappling with highly transmissible Omicron variant of Covid-19, scientists at Banaras Hindu University (BHU) — in a first-of-its-kind study — have found that anti-viral, anti-bacterial, and anti-inflammatory properties in the fumes of Air Vaidya Herbal Dhoopa (AVHD), an ayurvedic formulation, could be effective in preventing ...
Read More »PNB Q3FY22 net profit more than doubles to Rs 1,127 cr
TBB BUREAU NEW DELHI, JANUARY 27, 2022 Country’s second-largest public sector lender Punjab National Bank (PNB) on Thursday reported a two-fold jump in standalone net profit to Rs 1,126.78 crore for the third quarter (Q3) ended December 31, 2021, as compared to Rs 506.03 crore in the year-ago period, as bad loans marginally declined. However, total income during October-December 2021 ...
Read More »Dalmia Bharat Q3FY22 net profit declines 59pc to Rs 73 cr
TBB BUREAU NEW DELHI, JANUARY 27, 2022 Leading cement manufacturing company Dalmia Bharat Ltd on Thursday reported a 59.2 per cent decline in its consolidated net profit to Rs 73 crore for the third quarter (Q3FY22) ended December 2021. The company had posted a net profit of Rs 179 crore during the corresponding period a year ago, Dalmia Bharat said ...
Read More »High time to eliminate high coal cess to support power intensive industries: AAI
TBB BUREAU NEW DELHI, JANUARY 27, 2022 Aluminium industry has been a key contributor to India’s V-shaped economic revival and in keeping industrial activity on track by operating at full capacity despite the unprecedented pandemic and subsequent lockdowns. Today, aluminium is the largest non-ferrous metal industry in the world economy, and the second largest metal industry after Steel. India’s Aluminium ...
Read More »Union Bank of India wins IDC Industry Innovation Award 2021
TBB BUREAU MUMBAI, JANUARY 27, 2022 Union Bank of India has bagged the prestigious IDC Industry Innovation Awards 2021 Winner award for Application Programming Interface Management (APIM) under Innovation in Operations category. International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunication and consumer technology markets. IDC Industry Innovation ...
Read More »JSPL celebrates 73rd Republic Day
TBB BUREAU ANGUL, JANUARY 27, 2022 Jindal Steel & Power Limited (JSPL) celebrated the 73rd Republic Day on Wednesday at the OP Jindal School Ground in Jindal Nagar following all the COVID protocols. JSP Angul location Head and Executive Director Hridayeshwar Jha unfurled the National Flag in presence of Executive Directors Damodar Mittal and Sabyasachi Bandyopadhyay, OP Jindal School Principal ...
Read More »Maharaja’s homecoming: Air India back with the Tatas
TBB BUREAU NEW DELHI, JANUARY 27, 2022 Nearly seven decades after it lost control, the Tata Group on Thursday regained ownership of Air India and promised to make the loss-making company into a world-class airline. The handover took place at the airline’s headquarters here this afternoon. Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta ...
Read More »NTPC Coal Mining Headquarters celebrates 73rd Republic Day with patriotic spirit
TBB BUREAU RANCHI, JANUARY 27, 2022 The 73rd Republic Day was celebrated at NTPC Coal Mining Headquarters (CMHQ), Ranchi on Wednesday with great pride and patriotic fervor. This year’s Republic Day celebration was special as it started from January 23, marking Netaji Subhash Chandra Bose’s 125th birth anniversary, under the aegis of 75th “Azadi Ka Amrit Mahotsav”. Regional Executive Director(RED)-Coal ...
Read More »Tork Motors launches KRATOS and KRATOS-R
TBB BUREAU PUNE, JANUARY 27, 2022 Tork Motors, India’s first electric motorcycle manufacturer, has launched its much-awaited state-of-the-art electric motorcycle KRATOS, along with a variant KRATOS-R. Born from the learning and experiences on the racetrack, KRATOS is a technologically advanced, world-class product that is 100% designed and made in India. Engineered with precision, KRATOS is powered by a highly efficient ...
Read More »Generali to become majority shareholder in its Indian insurance joint ventures
TBB BUREAU NEW DELHI, JANUARY 27, 2022 Generali has signed agreements to become the majority shareholder in both its Life and P&C joint ventures in India. Both transactions are subject to the approval of relevant regulators. In the P&C business, Generali has agreed to acquire from Future Enterprises Limited 25 per cent of the shares of Future Generali India ...
Read More »MCL celebrates 73rd Republic Day
TBB BUREAU SAMBALPUR, JANUARY 27, 2022 Chairman-cum-Managing Director OP Singh led the 73rd Republic Day celebrations at Mahanadi Coalfields Limited (MCL) which was organised following COVID-19 guidelines. At the headquarters, the CMD unfurled the Tricolour at Anand Vihar Ground and inspected the ceremonial parade of MCL security personnel. Extending his greetings on the occasion, Singh expressed his gratitude towards the ...
Read More »How soon will the Tata group rejuvenate Air India?
R K Sinha The Tata Group is soon to gain complete control of Air India airlines from 27th January. Earlier, there were speculations that Air India would be fully taken over by the Tata Group on 23rd January. The daunting challenge for the Tata Group will be to recast Air India into a world-class airline. The service of Air India ...
Read More »73rd Republic Day celebrations at NTPC Kaniha
TBB BUREAU KANIHA, JANUARY 26, 2022 NTPC Talcher Kaniha joined the Nation in celebrating the 73rd Republic Day with great pride and zeal, on Wednesday. NTPC Kaniha Executive Director K Srinivasa Rao hoisted the National Flag at the Ambedkar Stadium of the power station, and took guard of honour. Rao was escorted to the venue by a marching band of ...
Read More »NALCO joins the Nation in celebrating 73rd Republic Day
TBB BUREAU BHUBANESWAR, JANUARY 26, 2022 The 73rd Republic Day of India was celebrated at NALCO Corporate headquarters here on Wednesday, with NALCO Chairman & Managing Director Sridhar Patra unfurling the National Flag. Speaking on the occasion, Patra exhorted Nalconians to rededicate themselves for the cause of Nation-building and making India Atmanirbhar (self-reliant). He paid rich tributes to the Founding ...
Read More »NTPC Eastern Region-II Headquarters celebrates 73rd Republic Day with patriotic fervour
TBB BUREAU BHUBANESWAR, JANUARY 26, 2022 The NTPC Eastern Region-II Headquarters joined the nation in celebrating the 73rd Republic Day with patriotic fervour, here on Wednesday. NTPC Regional Executive Director (Eastern Region-II) AK Goswami hoisted the Triclour and took the ceremonial salute. Speaking on the occasion, Goswami recalled the gallant contribution of our national leaders and freedom fighters who secured ...
Read More »PPT celebrates 73rd Republic Day
TBB BUREAU PARADIP, JANUARY 26, 2022 The 73rd Republic Day of India was celebrated by Paradip Port Trust (PPT) in a restrained manner following the COVID-19 guidelines. Unfurling the tricolour PPT Chairman PL Haranadh said that PPT is determined to cross 115 MMT of cargo handling this fiscal like the last four years. Mentioning about few path braking decisions by ...
Read More »Vedanta Lanjigarh participates in safety mock drill in Kalahandi dist
TBB BUREAU LANJIGARH, JANUARY 25, 2022 Vedanta Limited, Lanjigarh, the premier producer of metallurgical grade alumina in India, participated in an offsite safety mock drill for Kalahandi district, held at the Kalahandi University Playground in Bhawanipatna on Tuesday. A 13-member team led by Harshvardhan Pande, Head-HSE&S, Vedanta Ltd. Lanjigarh, participated in the programme. The mock drill saw Vedanta Lanjigarh’s emergency ...
Read More »TATA Tea Premium celebrates the vibrant colours of India with its ‘Desh ki Jhanki’ initiative
TBB BUREAU NEW DELHI, JANUARY 25, 2022 As India marks its 73rd Republic Day, TATA Tea Premium celebrates the unique diversity of our nation with its latest Desh Ki Jhanki initiative. Drawing inspiration from its state-specific packs, each jhanki (tableau) is designed with elements reflective of the pride of the region, capturing customs, traditions, and culture specific to each state. ...
Read More »Land acquisition process for JSW project gears up
TBB BUREAU PARADIP, JANUARY 25, 2022 Land acquisition process for the proposed steel plant project of JSW in Jagatsinghpur district is going on in full swing with the authorities surveying and demolishing betel vines in Dhinkia, Nuagaon and Gadkujang Panchayats under Ersama Tehsil. In Dhinkia panchayat, the betel vines survey and demolition work is going on, while the process of ...
Read More »TPCODL initiates E-Bill on WhatsApp to enhance consumer experience and safety during Covid
TBB BUREAU BHUBANESWAR, 25 JANUARY 2022 Tata Power Central Odisha Distribution Ltd (TPCODL), a joint venture between Tata Power and the Odisha Government, has enabled WhatsApp billing services to provide a convenient, safe and seamless bill payment experience to the consumers. To make sure the customers can easily activate their WhatsApp billing service, the company has initiated multiple options including ...
Read More »Budget 2022: Aluminium industry wants custom duty on scrap to be increased to 10 per cent to protect domestic companies
TBB BUREAU NEW DELHI, JANUARY 25, 2022 As the Indian economy pushes forward to grow at 9 per cent and above over the next few years, a key challenge for the country would be to rebalance its energy needs in favour of renewable sources by 2030 to 50 per cent as per the Paris agreement. This is where the Aluminium ...
Read More »Mahindra Finance donates ambulance
TBB BUREAU BHUBANESWAR, JANUARY 25, 2022 As part of its CSR initiative, Mahindra & Mahindra Financial Services (Mahindra Finance) has donated a Mahindra Supro Ambulance to Odisha-based non-government organisation Paribartan under its COVID-19 Relief Project. Mahindra Finance Circle Head (Farm Equipment Loans) Deepankar Verma handed over the keys to Paribartan team leads Sudhansu Mohan Dash and Subhransu Bhusan Swain, and ...
Read More »Odisha Govt partners with Dalmia Bharat Limited to host ‘Odisha Open 2022’
TBB BUREAU BHUBANESWAR, JANUARY 24, 2022 Furthering its commitment towards nation building and grooming talented youth, Dalmia Bharat Limited has partnered with the Odisha Government to host the state’s first ever International Badminton event ‘Odisha Open 2022.’ Organised by the Badminton World Federation (BWF) Tour Super 100 tournament in association with the Badminton Association of India (BAI), the event will ...
Read More »AIEBA seeks Odisha CM’s intervention in resumption of adequate coal supplies to State-based industries
TBB BUREAU BHUBANESWAR, JANUARY 24, 2022 Struggling to cope with the acute coal shortage in Odisha that continues to plague local industries, the Association of Industrial Entrepreneurs of Bhubaneswar (AIEBA) has sought the intervention of Chief Minister Naveen Patnaik in the resumption of adequate coal supplies in the resumption of adequate coal supplies to the State-based industries. The ongoing crisis ...
Read More »NABARD celebrates National Girl Child Day with tribal girls
TBB BUREAU BHUBANESWAR, JANUARY 24, 2022 National Bank for Agriculture and Rural Development (NABARD) Odisha Regional Office on Monday celebrated National Girl Child Day across five districts — Koraput, Kalahandi, Rayagada, Malkanagiri and Deogorh – of the State. NABARD has been supporting various Tribal Development Projects in these districts and 250 girl children of the project beneficiaries were invited to ...
Read More »RSP celebrates SAIL Gaurav Diwas to mark Foundation Day of SAIL
TBB BUREAU ROURKELA, JANUARY 24, 2022 Rourkela Steel Plant (RSP) on Monday celebrated SAIL Gaurav Diwas at Ispat Stadium to mark the SAIL Foundation Day. RSP ED (Mines) A K Kundu inaugurated the programme by unfurling the SAIL flag. It was followed by rendering of SAIL Anthem. The ED (Mines) released colourful balloons to the sky as a part of ...
Read More »Netaji’s 125th birth anniversary celebrated at NTPC Coal Mining Headquarters with patriotic fervour
TBB BUREAU RANCHI, JANUARY 23, 2022 The 125th birth anniversary of iconic freedom fighter Subhash Chandra Bose, popularly known as Netaji, was Celebrated at NTPC Coal Mining Headquarters, here on Sunday with patriotic fervour by the employees. The day is celebrated as ‘Parakram Diwas’ (day of valour). The program began with the garlanding of the portrait of Subhash Chandra Bose ...
Read More »RSP wins ‘Best Integrated Steel Plant’ title under SAIL Corporate Awards for Excellence
TBB BUREAU ROURKELA, JANUARY 23, 2022 Rourkela Steel Plant (RSP) has won the ‘‘Best Integrated Steel Plant’ title under SAIL Corporate Awards for Excellence-2021 in recognition of its remarkable overall performance in the financial year 2020-21. RSP has performed exceedingly well in production, productivity, techno-economics and profitability in the last fiscal and went on to achieve the Annual Business Plan ...
Read More »PPT celebrates Netaji Jayanti with patriotic fervor, felicitates local freedom fighters
TBB BUREAU PARADIP, JANUARY 23, 2022 Republic Day celebrations began on January 23 this year to include Netaji Subhas Chandra Bose’s birth anniversary, in line with the Union Government’s aim to highlight important aspects of the history and culture of India. Paradip Port Trust (PPT) officials, led by Chairman PL Haranadh, offered floral tributes at the statue of Netaji near ...
Read More »India becomes world’s largest exporter of cucumber and gherkins
TBB BUREAU NEW DELHI, JANUARY 23, 2022 India has emerged as the largest exporter of gherkins in the world. India has exported cucumber and gherkins to the tune of 1,23,846 Metric Tonnes with a value of USD 114 million during April-October, 2021. India has crossed the USD 200 million mark of export of agricultural processed product, – pickling cucumber, which ...
Read More »NTPC Coal Mining Headquarters organises online quiz competition to commemorate Netaji’s 125th birth anniversary
TBB BUREAU RANCHI, JANUARY 22, 2022 As part of the ‘Azadi Ka Amrit Mahastov’ celebrations, an online quiz competition for children was held on Thursday at the NTPC Coal Mining Headquarters here as part of the week-long celebration to commemorate Netaji Subash Chandra Bose’s 125 the birth anniversary. Swayamsiddha Ladies Club President Mahua Mazumder graced the function as the Chief ...
Read More »Parle Agro launches ‘Smoodh Coffee Frappé’
TBB BUREAU MUMBAI, JANUARY 22, 2022 Parle Agro’s diversification in the dairy segment has been nothing short of revolutionary. Continuing with the trend, Parle Agro has launched a brand new coffee flavoured drink, Smoodh Coffee Frappé. The popular multi-category, multi-brand beverage behemoth looks to carry forward its run of extraordinary success in the dairy segment by offering consumers a new ...
Read More »RIL Q3FY22 net profit jumps 38 percent YoY to Rs 20,539 cr
TBB BUREAU MUMBAI, JANUARY 21, 2022 Reliance Industries Limited (RIL) on Friday reported record financial performance for the quarter ended 31st December 2021 with all its businesses posting robust growth. The company reported its highest ever consolidated net profit of Rs 20,539 crore and EBITDA of Rs 33,886 crore, with the revenues touching all time high of Rs 209,823 crore. ...
Read More »TPCODL inaugurates first of its kind automatic test benches to ensure accurate meter
TBB BUREAU BHUBANESWAR, JANUARY 21, 2022 With customer-centricity at its core, TP Central Odisha Distribution Ltd (TPCODL), a joint venture between Tata Power and the Odisha Government, inaugurated its Meter Testing Laboratory at Bhubaneswar for calibration and testing of meters as per Indian standard specification. The company has procured four automatic test benches for testing of single phase and three-phase ...
Read More »ET Money introduces new brand identity; adds personalisation to India’s investments
TBB BUREAU NEW DELHI, JANUARY 21, 2022 ET Money, one of India’s fastest growing investment and wealth management platforms, on Friday launched ET Money Genius, one of its kind membership service that will deliver personalized investing intelligence. To ensure a hyper-personalized experience, ET Money has revamped its entire App, brand identity and introduced a new design system. It has also ...
Read More »Vedanta Aluminium launches short film series ‘People of Metal’
TBB BUREAU NEW DELHI, JANUARY 21, 2022 Vedanta Aluminium Business, India’s largest producer of aluminium and its value-added aluminium products, has launched ‘People of Metal’, a series of six short films featuring ordinary people from local communities around the companys operations, who have braved adversities to create extraordinary and inspiring stories. Through these videos, Vedanta Aluminium aims to celebrate those ...
Read More »Novo Nordisk launches first of its kind diabetes treatment medication
TBB BUREAU BHUBANESWAR, JANUARY 20, 2022 With a focus on innovating products that improve patients’ lives, Novo Nordisk India launched the world’s first and only “peptide in a pill”, oral semaglutide, a gamechanger in diabetes management. Semaglutide, a GLP-1 receptor analogue (GLP-1 RA) – one of the drug classes to treat diabetes, till now was available only in the form ...
Read More »ISSDA seeks level playing field for stainless steel industry
TBB BUREAU NEW DELHI, JANUARY 20, 2022 Indian Stainless Steel Development Association (ISSDA), representing the domestic stainless steel industry, has urged the government to restore Countervailing Duty (CVD) on imports from China and Indonesia, to ensure a level playing field for domestic manufacturers. ISSDA has made this plea ahead of the upcoming Union Budget in order to enable a level ...
Read More »Jyotirmoy Mishra new Chairman of ICSI Bhubaneswar Chapter
TBB BUREAU BHUBANESWAR, JANUARY 19, 2022 Jyotirmoy Mishra has been elected as the Chairman of the Bhubaneswar Chapter of The Institute of Company Secretaries of India (ICSI) for the year 2022 Ajaya Kumar Majhi has been elected as the Vice Chairman of the Chapter, while Bimal Prasad Pattanaik and Rudra Madhab Sahoo have been elected as the Secretary and Treasurer, ...
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