TBB BUREAU PARADIP, JANUARY 18, 2022  Senior officials of JSW including the company’s Chief Executive Officer on Tuesday visited the proposed JSW Project area in Dhinkia, Nuagaon and Gadkujang under Ersama Tehsil near Paradip. JSW Chief Executive Officer (CEO) Ranjan Naik, JSW Mines Chief BRK Padhi, Human Resources Chief Sreejit Mishra and Paradip Project Chief Subrata Sahu visited the proposed ...

TBB BUREAU NEW DELHI, JANUARY 18, 2022 Vedanta Aluminium Business and Runaya Refining have won the ‘Gold’ award at the ‘BW Recycling for a Greener Tomorrow Awards 2022’ in ‘Best in Recycling or Material Recovery Facility of the Year’ category. Vedanta Aluminium produces more than half of India’s aluminium at 1.97 million metric tonnes, at its smelters at Jharsuguda in ...

TBB BUREAU NEW DELHI, JANUARY 18, 2022 Vice President M Venkaiah Naidu on Tuesday called upon industry leaders and enterprising youth to take up rural service as a mission, with particular focus on women empowerment. He stressed that fast-tracking rural development is integral to the growth of the nation. Naidu, who is on a tour of Andhra Pradesh, interacted with ...

TBB BUREAU NEW DELHI, JANUARY 18, 2022 What was termed as the biggest initiative of financial inclusion in the country by Prime Minister Narendra Modi at its launch, the India Post Payments Bank (IPPB), a ‘Digital-First Bank’ built on the rails of wide physical distribution network of India Post under the Union Ministry of Communication, has announced a major milestone ...

TBB BUREAU NEW DELHI, JANUARY 18, 2022 The Department of Telecom (DoT) on Tuesday said that it has revised policy for issue/renewal of no objection certificate (NOC) for sale/rent of international roaming SIM cards and global calling cards of foreign operators in India. The revised terms & conditions strengthens the mechanism to protect the interests of the Indian public visiting ...

TBB BUREAU NEW DELHI, JANUARY 18, 2022 Union Road Transport and Highways Minister Nitin Gadkari on Monday called for cooperation between Central and State Governments for infrastructure development of the country. He said that the infrastructure development will play an important role in fulfilling the vision of India in becoming $5 trillion economy. While inaugurating a Conference on “PM-Gati Shakti” ...

TBB BUREAU BHUBANESWAR, JANUARY 17, 2022 Electropreneur Park-Bhubaneswar with support from Bhubaneswar Smart City Ltd. (BSCL) has organized a Pan India Virtual Acceleration Program for Smart City Solutions namely Smart City Challenge & Outcome for Urban Transformation (SCOUT 2021) and the Valedictory & Product Showcase event. The objective of SCOUT was to invite innovative products and solutions from the Startups ...

TBB BUREAU NEW DELHI, JANUARY 17, 2022 Leading Indian cement major and Dalmia Bharat Limited subsidiary, Dalmia Cement (Bharat) Limited (DCBL), on Monday announced the commencement of commercial production at its Murli Plant in Chandrapur district of Maharashtra; and thereby adding 2.9 million tonne cement capacity to the company’s overall installed capacity. The company’s installed cement capacity has now grown ...

TBB BUREAU NEW DELHI, JANUARY 17, 2022 The Indian automobile industry is of more than Rs 8 lakh crore and its turnover contributes approximately 7.1% of overall GDP, 27% of industrial GDP and 49% of manufacturing GDP. However, the pandemic has caused havoc in the automobile industry. The numbers have plummeted in FY21 for both production and sales as compared ...

TBB BUREAU BHUBANESWAR, JANUARY 16, 2022 On the occasion of the Foundation Day of L V Prasad Eye Institute (LVPEI) Mithu Tulsi Chanrai Campus Bhubaneswar on Sunday, a new facility, “NTPC Operating Room Complex,” was inaugurated. NTPC Executive Director (HR) MSD Bhattamishra inaugurated the NTPC Operating Room Complex from New Delhi via virtual connect. Speaking during the event, Bhattamishra said ...

TBB BUREAU BHUBANESWAR, JANUARY 16, 2022 After Delhi and Kolkata, KISS Residential School will now be opened in Mumbai as per the memorandum of understanding signed between city-based KISS and Choice Welfare Foundation of Mumbai.  Sunil Patodia signed the agreement on behalf of the Choice Welfare Foundation, while Achyuta Samanta, Founder, KIIT & KISS signed on behalf of KISS. Choice – KISS Residential ...

TBB BUREAU BHUBANESWAR, JANUARY 16, 2022 Mom Hand, a leading start-up, today launched its first of kind multivitamin ‘Chennapoda’ for immunity conscious customers. This famous sweetmeat of Odisha will help in increasing one’s immunity which is very important during this challenging time, claimed the company. A team of experts has developed this delicious and healthy ‘Chennapoda’ after extensive research and ...

TBB BUREAU BHUBANESWAR, JANUARY 15, 2022 Aishwarya Ray, B. Com 1st Year student of DAV School of Business Management, Bhubaneswar who is also pursuing CS Executive Programme in ICSI Bhubaneswar Chapter, has secured the first position in the national round of the ICSI Slogan Writing Competition. In an award giving ceremony organised at DAV School of Business Management, Unit-VIII, Bhubaneswar ...

TBB BUREAU NEW DELHI, JANUARY 14, 2022 Leading private sector power transmission infrastructure developer and solutions provider Sterlite Power Transmission Limited on Friday announced the successful sale of its remaining shareholding constituting 26 per cent of the equity shareholding in IndiGrid Investment Managers Limited (IIML) – Investment Manager of India Grid Trust, to Electron IM Pte. Ltd, an affiliate of ...

TBB BUREAU ROURKELA, JANUARY 14, 2022            State-run Rourkela Steel Plant (RSP) has been certified by the Indian Navy to produce high strength DMR Grade steel for use in making submarines, a senior Naval officer said. “SAIL, Rourkela Steel Plant has received the certification for producing DMR Grade high strength steel and this steel will be used by Indian Navy ...

TBB BUREAU PANAJI, JANUARY 14, 2022 Goa-based Fierce Kitchens, a culinary incubator, accelerator, and D2C brand will be participating at the Dubai Expo 2020. A collaboration between Atal Incubation Centre at Goa Institute of Management (AICGIM) and Kamaxi College of Culinary Arts (KCCA), FIERCE Kitchens will explore global partnerships and collaborations. With a strong network with access to Indian markets ...

TBB BUREAU NEW DELHI, JANUARY 14, 2022 RMSI Cropalytics, the agri-tech subsidiary of RMSI, a global leader in geospatial and engineering solutions, won the prestigious award in the ‘Best Women Agtech Entrepreneurs’ category at the FICCI Agri Start-up Awards 2021 held in New Delhi recently. On winning this award, Roli Jindal, Co-Founder, RMSI Cropalytics, said, “A special thanks to FICCI ...

TBB BUREAU NEW DELHI, JANUARY 14, 2022 Union Commerce and Industry Minister Piyush Goyal on Friday called upon the Global Venture Capital (VC) Funds to focus more on startups from tier 2 and 3 cities of the country and explore new sectors for investing. Chairing a roundtable with global venture capital (VC) funds, organised by the Department for Promotion of ...

TBB BUREAU MUMBAI, JANUARY 14, 2022 One of India’s leading fashion company Aditya Birla Fashion and Retail Ltd (ABFRL) on Friday said it will acquire a 51 per cent majority shareholding in popular and contemporary brand ‘Masaba’ promoted by leading designer Masaba Gupta for a cash consideration of Rs 90 crore. This partnership aims to create a young, aspirational and ...

TBB BUREAU NEW DELHI, JANUARY 13, 2022 Leading power transmission infrastructure developer and solutions provider Sterlite Power has been recognized at the eighth edition of the IDC Industry Innovation Awards (IDCIIA) 2021 in the “Innovation in Data Intelligence” category. Sterlite Power has a track record of executing complex projects successfully, with the use of technology and innovative solutions.  The companywon ...

TBB BUREAU NEW DELHI, JANUARY 13, 2022 Vedanta Aluminium Business, India’s largest producer of aluminium and value-added products, has become the biggest industrial consumer of renewable energy (RE) in 2021, leading renewable energy procurement on the country’s power exchanges – Indian Energy Exchange (IEX) and Power Exchange India Limited (PXIL). The company has procured about 2 billion units of RE ...

TBB BUREAU ROURKELA, JANUARY 13, 2022 In its endeavour to strengthen the vision of Atmanirbhar Bharat, Rourkela Steel Plant (RSP) has been making all-out efforts to fulfil the requirements of customized steel products for high-profile infrastructure projects undertaken all over the country. One such project is the Kaleswaram Lift Irrigation Project of Telangana for which RSP has so far supplied ...

TBB BUREAU MUMBAI, JANUARY 12, 2022 India’s largest software services company Tata Consultancy Services (TCS) on Wednesday reported a 12.2 per cent rise in its consolidated net profit to Rs 9,769 crore for the December 2021 quarter as against a net profit of Rs 8,701 crore in the corresponding period in the previous fiscal. It also announced an Rs 18,000-crore ...

TBB BUREAU BHUBANESWAR, JANUARY 12, 2022 Navratna CPSE National Aluminium Company Limited (NALCO) has achieved yet another milestone in aluminium smelting. The aluminium major has successfully put into operation all the 960 Pots at its existing Smelter Plant located at Angul. NALCO Chairman and Managing Director Sridhar Patra formally operationalized the 960th Pot by virtually switching on the pot from ...

TBB BUREAU PARADIP, JANUARY 12, 2022 The Odisha Industrial Infrastructure Development Corporation (Idco) has started construction of the boundary wall and temporary roads for the JSW project, which will come at Dhinkia Nuagaon and Gadkujang panchayats in Jagatsinghpur district. The pre-cast boundary wall and temporary roads are being built for the first ten kilometers starting from the Mahal end of ...

NEW DELHI, JANUARY 12, 2022            Software major Infosys on Wednesday posted an 11.8 per cent rise in consolidated net profit to Rs 5,809 crore for December 2021 quarter.           The Bengaluru-based IT company also increased its revenue growth guidance for FY22 to 19.5-20 per cent.           Infosys had registered a net profit (after minority interest) of Rs 5,197 ...

TBB BUREAU MUMBAI, JANUARY 12, 2022 Aditya Birla Fashion and Retail Limited (ABFRL), one of India’s leading fashion companies, announced that it has collaborated with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH for implementing an India specific project to strengthen the textile and apparel industry for sustainable clothing. This unique initiative is part of the ‘develoPPP programme’ and is being ...

Leading global smart device brand OPPO on Wednesday launched a new affordable smartphone — A16K — in India for Rs 10,490. The smartphone is available in a 3GB+32GB storage variant in blue, white, and black colours across all channels. “The smartphone caters to consumers looking for an entry-level handset that is stylish and lightweight,” the company said in a statement. ...

TBB BUREAU BHUBANESWAR, JANUARY 11, 2022 The Odisha Regional Office of NABARD on Tuesday released the State Focus Paper for Odisha, projecting an overall credit potential under Priority Sector at Rs.1,34,665 crore for the financial year 2022-23. The seminar was inaugurated by Odisha Finance Minister Niranjan Pujari, and attended by Development Commissioner PK Jena, Agriculture Production Commissioner Sanjeev Chopra; Principal ...

TBB BUREAU PARADIP, JANUARY 10, 2022 Union Ports, Shipping and Waterways Secretary Sanjeev Ranjan has asked the Paradip Port authorities to expedite the widening of NH-53 (Paradip to Chandikhol) through the Special Purpose Vehicle (SPV) formed between the Paradip Port Trust (PPT) and the National Highways Authority of India (NHAI) under Gati Shakti Programme. During his maiden visit to the ...

TBB BUREAU ROURKELA, JANUARY 10, 2022 As a part of its commitment to the cause of environment, Rourkela Steel Plant (RSP) has been making every effort to reduce, treat and reuse its effluent water. Besides, the Steel Plant is currently implementing various projects to achieve the objective of becoming a ‘Zero Discharge’ Plant. RSP has adopted a multi-stage treatment strategy ...

TBB BUREAU BHUBANESWAR, JANUARY 10, 2022 Interbrand has secured a brand strategy mandate to support ArcelorMittal Nippon Steel India (AM/NS India) continue its transformation and growth journey.  “Understanding the strategic framework that a brand does not just speak to its customers through attractive messaging but needs to make more dynamic and iconic moves by comprehending and building on the drivers ...

TBB BUREAU NEW DELHI, JANUARY 10, 2022 Samsung on Monday launched Galaxy S21 FE 5G in India at an introductory offer of Rs 49,999 for the 8GB+128GB variant. Available in Olive, Lavender, White and Graphite colours, Galaxy S21 FE 5G of 8GB+256GB variant comes at a price of Rs 53,999. S21 FE 5G will be available on leading online portals ...

TBB BUREAU BHUBANESWAR, JANUARY 9, 2022 Our skin needs extra attention, hydration, and nourishment during the winter season. Keeping in mind the need of the season, leading brand in herbal cosmetics and personal care segment – Vasu Healthcare – has introduced an array of winter care products to give a hydrating and refreshing feel during colder temperatures. The company offers ...

TBB BUREAU HYDERABAD, JANUARY 8, 2022 Bharat Biotech, a global leader in vaccine innovation and developer of vaccines for infectious diseases, today announced the results from the highly anticipated trial studying the immunogenicity and safety of the COVAXIN (BBV152) a whole-virion inactivated COVID-19 vaccine as a booster dose. This analysis re-emphasizes Bharat Biotech’s continued efforts to stay ahead of COVID-19, ...

TBB BUREAU BHUBANESWAR, JANUARY 8, 2022 Country’s largest and most preferred digital service provider Reliance Jio has introduced Rs. 499 plan which offers complimentary Disney+ Hotstar Mobile annual subscription along with daily 2 GB high speed data for 28 days. The plan is at presently live on MyJio app as well as Jio.com and is also available at nearby retail ...

TBB BUREAU PURI, JANUARY 8, 2022 A group of sand artists, led by renowned sculptor Manas Sahoo, on Saturday made a magnificent sculpture on the Puri beach showcasing Lord Jagannath in all His glory showering blessings on the Vedanta Group and its Founder Anil Agarwal for promoting and participating in the progress of Odisha. Hundreds of tourists and connoisseurs of ...

TBB BUREAU ROURKELA, JANUARY 8, 2022 Hot Strip Mill-2 of Rourkela Steel Plant (RSP) for the first time has successfully rolled 47 numbers of Jumbo HR coils weighing 32 tons each and measuring 3.5 x 1500 mm as a part of its stabilization process. With this, it has entered a select club of steel makers of the country and entered ...

TBB BUREAU JAJANG, JANUARY 7, 2022 A two-day Gram Sabha held in presence of local residents, government officials and JSW authorities to obtain forest clearance for the Jajang Iron Ore Mines of JSW Steel, went off peacefully, company sources said today. Gram Sabhas were held in Jurudi, Jajang, Jaribar, Palasa (Ka) and Bandhubeda villages over two days for conversion of ...

TBB BUREAU BHUBANESWAR, JANUARY 7, 2022           Well-known spiritual thinker and writer Dr. Chandra Bhanu Satpathy was conferred with the NALCO Kalidas Samman this year, at NALCO’s 42nd Foundation Day function here on Thursday. Renowned Odissi danseuse Aruna Mohanty was bestowed with the NALCO Kharavela Award in Odissi Dance Guru category. Mamata Ojha and Harekrushna Dhall were both presented with ...

TBB BUREAU BHUBANESWAR, JANUARY 7, 2022 TP Central Odisha Distribution Limited (TPCODL), a joint venture between Tata Power and the Government of Odisha, in line with the principle of empowering the community in its area of operations, launched its second Mobile Heath Dispensary for the benefit of rural communities of Cuttack district under its CSR Program. The dispensary was inaugurated ...

TBB BUREAU NEW DELHI, JANUARY 7, 2022 HarperCollins today announced that it has acquired rights to publish the authorized biography of legendary business figure Ratan N. Tata, who is counted among the most influential and inspirational leaders in the world. Ratan N. Tata: The Authorized Biography by Dr Thomas Mathew will be published globally by HarperCollins in all formats in ...

TBB BUREAU BHUBANESWAR, JANUARY 7, 2022 The Department of Information Technology (DIT), Government of Manipur has signed an agreement with KIIT-Technology Business Incubator (KIIT-TBI), KIIT Deemed to be University to establish Manipur Technology Innovation Hub (MTI-Hub). The MTI-Hub, which will be set up with KIIT-TBI under PPP model, will promote entrepreneurship in the state of Manipur.  Union Home Minister Amit ...

TBB BUREAU BHUBANESWAR, JANUARY 7, 2022 Indel Money Limited, the flagship company of Indel Corporation, has opened 10 branches across Odisha to serve the people of the State with its bouquet of gold loan products. Located at various places in Khurda, Puri, Cuttack, Balasore and Jajpur districts, the branches have been inaugurated by Indel Money Executive Director and CEO Umesh ...

TBB BUREAU NEW DELHI, JANUARY 7, 2022 CRISIL Ratings has upgraded its rating on the long-term bank facilities of Jindal Stainless to ‘CRISIL AA-/Stable’ from ‘CRISIL A+/Stable’. The ratings agency has reaffirmed the company’s short-term rating at CRISIL A1+’. The Jindal Stainless group includes JSL, Jindal Stainless (Hisar) (JSHL) and their subsidiaries. CRISIL said that the upgrade in the long-term ...

TBB BUREAU MUMBAI, JANUARY 7, 2022 Reliance General Insurance has launched a digital campaign called #CarKaYaar, reinforcing its brand positioning as the ‘Friend in Need’ for car insurance customers. The campaign consists of a series of six animated ad films created by a t o m network. With a humourous undertone, the ad films establish the fact that Reliance General ...

TBB BUREAU BHUBANESWAR, JANUARY 6, 2022 Addressing the employees and stakeholders of state-run NALCO, Odisha Governor Prof. Ganeshi Lal who is also an academician par excellence, urged NALCOnians and society at large to follow the triple bottom-line approach of People, Planet and Passion, to ensure absolute harmony between man, science, nature and God. Delivering the keynote address at the 20th ...

TBB BUREAU MUMBAI, JANUARY 6, 2021 E-commerce player Dunzo on Thursday raised $240 million in its latest round of funding to expand its footprint in India. The investment was led by Reliance Retail Ventures Limited (“Reliance Retail”), with participation from existing investors Lightbox, Lightrock, 3L Capital and Alteria Capital. With an investment of US$200M, Reliance Retail will own 25.8% stake ...

TBB BUREAU BHUBANESWAR, JANUARY 6, 2022 Even as steel behemoth Jindal Steel & Power Limited (JSPL) is bracing for capacity expansion of its integrated steel plant at Angul from 6 million tonnes per annum (MTPA) to 25.2 MTPA by 2030 to make it the largest Plant in the World in a single location, the Company’s Chairman Naveen Jindal has raised serious concern ...

TBB BUREAU BHUBANESWAR, JANUARY 6, 2021 Samco Mutual Fund on Thursday announced the launch of its first new fund offer (NFO) “Samco Flexi Cap Fund”. The NFO will open on 17th of January 2022 and close on 31st Jan 2022. The fund managers of the scheme will be Nirali Bhansali and the dedicated fund manager for overseas investments will be ...