TBB BUREAU BHUBANESWAR, JANUARY 6, 2021 Since the start of the pandemic, Livinguard, the Swiss-based international leader in sustainable & self-disinfecting hygiene technology, has consistently showcased >99% efficacy against SARS-CoV-2 and its variants, with no recovery of viable viruses, and Omicron will be no different. It has been proven effective against the human coronavirus 229E, the original wild variant of ...
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Airtel Payments Bank, Park+ collaborate to offer FASTag-based smart parking solutions
TBB BUREAU BHUBANESWAR, JANUARY 6, 2021 Adding to its growing range of digital payments and financial services solutions, Airtel Payments Bank, one of the leading FASTag issuers in India, today announced a collaboration with Park+ to offer FASTag based smart parking solutions to marquee commercial and residential properties across the country. Park+ is the market leader in automating parking spaces ...
Read More »Jindal Stainless supplies stainless steel for Kanpur Metro Project
TBB BUREAU NEW DELHI, JANUARY 6, 2021 Aligned to the government’s vision of modernizing country’s infrastructure, Prime Minister Narendra Modi recently inaugurated a 9-km long completed stretch of Uttar Pradesh Metro Rail Corporation (UPMRC)’s Kanpur Metro Project. This metro network sports modern coaches manufactured with stainless steel supplied by Jindal Stainless. Rolled out by UPMRC in a record time of ...
Read More »BMW Motorrad India records stellar performance in 2021 with highest ever annual sales
TBB BUREAU GURUGRAM, JANUARY 6, 2021 BMW Motorrad India has once again set a new benchmark in performance by achieving the highest ever annual sales by a premium motorcycle brand in India. In 2021, BMW Motorrad India sold 5,191 motorcycles, posting a remarkable growth of 102.5% as compared to 2020. BMW Group India President Vikram Pawah said, “Since entering the ...
Read More »NIMF launches Nippon India Silver ETF, FOF
TBB BUREAU MUMBAI, JANUARY 5, 2022 Nippon India Mutual Fund (NIMF) on Wednesday announced the launch of Nippon India Silver ETF, investing in physical silver and silver-related instruments. It also announced the launch of Nippon India Silver ETF Fund of Fund (FOF) which will invest in units of Nippon India Silver ETF. “With the First Silver FoF in the Industry, ...
Read More »Railway Minister to flag off upgraded Puri-Hatia Tapaswini Express on Thursday
TBB BUREAU BHUBANESWAR, JANUARY 5, 2021 Union Railway Minister Ashwini Vaishnaw will flag off the Puri-Hatia-Puri Tapaswini Express with upgraded LHB Rake on Thursday through videoconferencing from Bhubaneswar Railway Station. In a bid to provide better comfort and jerk free journey to the passengers, Indian Railway has decided to run 18452/18451 Puri-Hatia-Puri Tapaswini Express with modern Linke-Hofmann-Busch (LHB) coaches by ...
Read More »GAIL, IPICOL ink pact for developing clean energy projects in Odisha
TBB BUREAU BHUBANESWAR, JANUARY 5, 2021 The Industrial Promotion & Investment Corporation of Odisha Limited (IPICOL) and GAIL (India) Limited on Wednesday signed a Memorandum of Understanding (MoU) for cooperation in the areas of green hydrogen, green ammonia and renewable energy (solar/wind) for the production of eco-friendly fuels in Odisha. Scope of the MoU inter-alia includes preparing a feasibility study ...
Read More »Over 65 lakh enrolments in Atal Pension Yojana in FY22 so far
TBB BUREAU NEW DELHI, JANUARY 5, 2021 The journey of Atal Pension Yojana (APY) over six and half years since its inception has been substantive with 3.68 crore enrolments. The performance in this financial year (FY22) has been good as more than 65 lakh subscribers enrolled which is the highest ever enrolment during the same period since the launch of ...
Read More »Rourkela Steel Plant ends Year 2021 with string of records and awards
TBB BUREAU ROURKELA, JANUARY 5, 2022 Rourkela Steel Plant (RSP), a unit of Maharatna Company SAIL, emerged stronger from the pandemic blues to post brilliant overall performance in various key areas in the Calendar Year 2021. The Steel Plant produced highest ever 4.37 Million Tonnes (MT) Hot Metal, 3.99 MT Crude Steel and 3.69 MT Saleable Steel in 2021. RSP ...
Read More »NTPC Kaniha develops vegetable market for vendors
TBB BUREAU KANIHA, JANUARY 5, 2021 A new vegetable market developed for the local vendors at NTPC Kaniha was inaugurated on here on Wednesday. The market was inaugurated by Dhenkanal MP Mahesh Sahoo, in presence of Shri Talcher MLA Braja Kishore Pradhan, and NTPC Kaniha Executive Director K Srinivasa Rao. The new vegetable market is a part of NTPC Kaniha’s ...
Read More »TPWODL completes one year of operations in Western Odisha
TBB BUREAU BHUBANESWAR, JANUARY 5, 2021 TPWODL, a joint venture between Tata Power and the Odisha Government for power distribution in Western Odisha, on Wednesday celebrated the completion of the first year of its successful operations in the region. Since its formation, TPWODL has continuously invested in improving the power distribution infrastructure of Western Odisha and ensured affordable and reliable ...
Read More »Vedanta Aluminium and GEAR India to deploy one of India’s largest lithium-ion forklift fleets
TBB BUREAU NEW DELHI, JANUARY 5, 2022 Vedanta Aluminium Business, India’s largest producer of aluminium and value-added products, has signed an agreement with GEAR (Gemini Equipment and Rentals Private Limited) India, to deploy one of the largest fleets of lithium-ion battery-powered electric forklifts, becoming the first in Indian aluminium industry to undertake such an initiative. The company shall commission 23 ...
Read More »GAIL acquires 26pc stake in ONGC Tripura Power Company
TBB BUREAU NEW DELHI, JANUARY 5, 2022 GAIL (India) Limited has acquired equity stake of 26% in ONGC Tripura Power Company (OTPC), which owns and operates a 726.6 MW gas-based combined cycle power plant in Palatana, Tripura. The stake has been acquired from IL&FS Group companies namely, IL&FS Energy Development Company Limited and IL&FS Financial Services Limited. GAIL and IL&FS ...
Read More »CARE Ratings upgrades JSHL rating to CARE AA- with stable outlook
TBB BUREAU NEW DELHI, JANUARY 5, 2021 In a major rating upgrade assigned by CARE Ratings, the ratings assigned to the long-term bank facilities of Jindal Stainless (Hisar) Limited (JSHL) have been upgraded from CARE A+ to CARE AA- with a stable outlook. The rating for short-term bank facilities of the Company has been reaffirmed at CARE A1+. As per ...
Read More »OPPO Enco M32 neckband-style earphones launched in India
TBB BUREAU NEW DELHI, JANUARY 5, 2021 Leading global Smartphone maker OPPO on Wednesday launched its new neckband-style earphones ‘Enco M32’ in India. The neckband will be available on Amazon India and the OPPO store starting January 10 through January 12 at an early bird discounted price of Rs 1,499, the company said in a statement. It will also ...
Read More »Bank of Baroda ropes in cricket sensation Shafali Verma as brand endorser
TBB BUREAU MUMBAI, JANUARY 4, 2021 Bank of Baroda today announced signing of Indian Cricketer Shafali Verma as its brand endorser. In a welcome result of her consistent outstanding performance in the Women’s cricket for India, the Bank has signed contract with the ace Cricketer. Commenting of the association, Sanjiv Chadha, MD & CEO, Bank of Baroda said, “Bank of ...
Read More »Practically launches ‘School and Student Championship’ Quiz
TBB BUREAU BHUBANESWAR, JANUARY 4, 2022 Leveraging its immersive learning expertise, Practically, India’s first experiential learning app designed to make learning immersive for students of classes 6-12, has launched ‘School and Student Championship,’ a nationwide school quiz contest. This exciting and unique championship quiz has been introduced to make the onset of the New Year extra special for students and ...
Read More »BMW Group India achieves highest growth in a decade, delivers 8,876 cars and 5,191 motorcycles in 2021
TBB BUREAU GURUGRAM, JANUARY 4, 2022 BMW Group India has achieved the highest growth in a decade by delivering 8,876 cars (BMW and MINI) and 5,191 motorcycles in 2021. BMW India registered sales of 8,236 units and MINI India of 640 units. BMW Motorrad sold 5,191 motorcycles. BMW India achieved over 35% growth as compared to 2020 – the highest ...
Read More »NBBL launches Unified Presentment Management System to simplify bill payments
TBB BUREAU MUMBAI, JANUARY 4, 2022 With an aim to enrich and simplify bill payments in the country, NPCI Bharat BillPay Ltd. (NBBL), the wholly-owned subsidiary of National Payments Corporation of India (NPCI), has introduced a unique functionality called ‘Unified Presentment Management System’ (UPMS). NBBL through UPMS will enable the customers to set up standing instructions – from any channel ...
Read More »Wacom opens first Experience Centre in Kolkata
TBB BUREAU BHUBANESWAR, JANUARY 4, 2022 Wacom, the global leader in pen tablet market and the key supplier of pen and multi-touch sensor components for smartphones and tablet-type devices, announced the opening of its first Experience Centre in the City of Joy, Kolkata. The new Experience Centre will be a one-stop-shop and solution centre for everything Wacom and will have ...
Read More »Alka Mittal becomes first female CMD of ONGC
TBB BUREAU NEW DELHI, JANUARY 4, 2022 Alka Mittal has been appointed as the Chairman and Managing Director (CMD) of ONGC. Prior to this new assignment, she was holding the position of Director (Human Resources) at the company. With this elevation, Mittal becomes the first woman to lead the company, ONGC posted on its Twitter handle late on Monday night. ...
Read More »Vedanta’s cast metal aluminium production at smelters stands at 5,79,000 tonnes in Q3FY22
TBB BUREAU NEW DELHI, JANUARY 3, 2022 Vedanta Ltd on Monday said the cast metal aluminium production at its smelters stood at 5,79,000 tonnes in the third quarter (Q3) of the current financial (FY2021-22), registering 16 per cent growth. “The cast metal aluminium production at our smelters stood at 5,79,000 tonnes in Q3 FY22, higher 16 per cent in comparison ...
Read More »MCL clocks 15pc growth in coal production, 22pc in off-take in Q3FY22
TBB BUREAU SAMBALPUR, JANUARY 3, 2022 Mahanadi Coalfields Limited (MCL) has registered a double-digit growth of 22 per cent in coal off-take at 129.36 million tonnes and 15 per cent in dry fuel production at 117.12 million tonnes in the third quarter (Q3) ended on December 31, 2021 as compared against same period during the previous fiscal. Leading the efforts ...
Read More »Vice President calls for improving financial literacy in India
TBB BUREAU ERNAKULAM, JANUARY 3, 2022 Vice President M. Venkaiah Naidu on Monday stressed the need to improve financial literacy among the masses and urged the professionals like Charted Accounts to work in this direction by explaining financial rules and regulations in simple and easy language for the larger benefit of the public. Addressing the gathering at the foundation stone ...
Read More »Mines Ministry creates KABIL to attain self-reliance in critical & strategic mineral requirements
TBB BUREAU NEW DELHI, JANAUARY 3, 2022 With an aim to ensure mineral security of the nation and to attain self-reliance in the area of critical & strategic minerals, the Union Ministry of Mines has created a Joint Venture company namely Khanij Bidesh India Ltd (KABIL) with participating interest of National Aluminium Company Ltd (NALCO), Hindustan Copper Ltd (HCL) and ...
Read More »Nippon India MF launches India’s first Auto ETF
TBB BUREAU MUMBAI, JANUARY 3, 2021 Nippon Life India Asset Management Limited, asset manager of Nippon India Mutual Fund (NIMF), has announced the launch of India’s First Auto sector ETF – Nippon India Nifty Auto ETF. The Auto ETF is an open-ended scheme tracking the Nifty Auto Index. Nippon India Nifty Auto ETF will predominantly invest in stocks comprising of ...
Read More »TPCODL wins six awards at 35th National Convention on Quality Concepts
TBB BUREAU BHUBANESWAR, JANUARY 2, 2022 TP Central Odisha Distribution Limited (TPCODL) has been conferred with six Gold category awards by the National Convention on Quality Concept (NCQC), 2021, organised by Quality Circle Forum of India (QCFI). Out of the six, it received four under the ‘Par Excellence’ category and two under the ‘Excellent’ category. This year, the theme of ...
Read More »DIC Amarendu Prakash exhorts RSP Collective to set new benchmarks in 2022
TBB BUREAU ROURKELA, JANUARY 1, 2022 “RSP (Rourkela Steel Plant) excelled in all spheres and achieved remarkable overall performance in the year 2021. But we can’t rest on our laurels. I know that, the indomitable spirit of the Rourkelites and their knack for excellence and innovation will not allow us to rest. We have to think of fresh benchmarks to ...
Read More »Atul Kumar Goel to take charge as PNB MD & CEO from Feb 1
TBB BUREAU NEW DELHI, JANUARY 1, 2022 Atul Kumar Goel who joined Punjab National Bank (PNB) on Saturday, will serve as Officer on Special Duty (OSD) in the Bank till the end of this month and take over as the new Managing Director (MD) and CEO with effect from February 1, 2022, the Bank said in a statement today. As ...
Read More »Centurion University ranked as ‘Performer’ in ARIIA ranking 2021
TBB BUREAU BHUBANESWAR, JANUARY 1, 2022 The year 2021 ended on a promising note for Centurion University as it got placed under the category “Performer” among the private universities in Atal Ranking for Institutions on Innovation Achievements (ARIIA) 2021 announced on 29th December, 2021 by the Innovation Cell of the Union Ministry of Education. As many as 1438 institutions including ...
Read More »MCL will achieve new milestones in 2022: OP Singh
TBB BUREAU SAMBALPUR, JANUARY 1, 2022 Mahanadi Coalfields Limited (MCL) will achieve new milestones and emerge as Numero Uno coal company in the year 2022, said OP Singh on Saturday, after assuming the additional charge of Chairman-cum-Managing Director. Singh, while chairing his first coordination meeting with Area GMs, members of Joint Consultative Committee (JCC) and Welfare Board, extended new year ...
Read More »OP Singh assumes additional charge as CMD of MCL
TBB BUREAU SAMBALPUR, JANUARY 1, 2022 Mahanadi Coalfields Limited (MCL) Director (Technical/Operations), OP Singh, on Saturday assumed the additional charge of company’s Chairman-cum-Managing Director (CMD). A mining engineer with a First Class competency certificate from the DGMS and an MBA in Marketing and PG DCA, Singh has held various senior positions in mine planning and production management in both underground ...
Read More »Dec YoY GST collection rises 13pc to over Rs 1.29 lakh crore
TBB BUREAU NEW DELHI, JANUARY 1, 2022 India’s GST collection rose 13 per cent in December 2021 on a year-on-year (YoY) basis to Rs 1,29,780 crore. “The revenues for the month of December 2021 are 13 per cent higher than the GST revenues in the same month last year and 26 per cent higher than the GST revenues in December ...
Read More »Reliance New Energy Solar to acquire UK’s battery firm Faradion
TBB BUREAU MUMBAI, DECEMBER 31, 2021 Reliance New Energy Solar Ltd (“RNESL”), a wholly owned subsidiary of Reliance Industries Ltd., has signed definitive agreements to acquire 100% shareholding in Faradion Limited (“Faradion”) for an enterprise value of GBP 100 Mn. In addition, RNESL will also invest GBP 25 Mn as growth capital to accelerate commercial roll out. Based out of ...
Read More »Smartphone market moving towards steady growth and recovery stage: GfK
TBB BUREAU DELHI, DEC 30, 2021 According to GfK market intelligence, overall category sales of smartphones in terms of units for offline retail (point-of-sales) grew by 4% in India whereas online retail sales grew by 29% during YTD Oct 2021 compared to 2020. During the same period, online channel contribution for smartphone market accounted for 40% in terms of sales ...
Read More »Reliance General Insurance bags ‘The Economic Times Best Brand 2021’ tag
TBB BUREAU MUMBAI, DEC 30, 2021 India’s 4th largest private general insurance company Reliance General Insurance Company Ltd (RGICL) bagged the “Economic Times Best Brand Award 2021” for the third time in a row. At the fourth edition of the ET Best Brand awards, RGICL stood as the only General Insurance Company receiving this recognition. The recognition is conferred to ...
Read More »Numeric injects optimism into 2022 through its ‘Energy Anthem’
TBB BUREAU CHENNAI, DEC 30, 2021 Ushering in 2022 with positivity and hope, UPS manufacturer Numeric has released an “Energy Anthem” dedicated to the society for keeping alive the energy of hope, growth, and togetherness. The 2.03-minute-long video released by Numeric injects hope and optimism and motivates the society to welcome the New Year with a new fervour. The lyrics ...
Read More »Dabur enters the Health Food Drink category with ‘Dabur Vita’
TBB BUREAU KOLKATA, DEC 30, 2021 India’s leading Ayurvedic and Natural Health Care Company Dabur India Ltd. announced its foray into the Health Food Drink category with the launch of ‘Dabur Vita’. It is made with a unique blend of more than 30+ herbs Like Ashwagandha, Giloy and Brahmi, which are scientifically proven not only to provide better immunity but ...
Read More »Reliance Foundation rings in festive cheer with thousands of children
TBB BUREAU BHUBANESWAR, DEC 29, 2021 As the year draws to a close and the festive spirit around the corner, Reliance Foundation continued its tradition of ringing in the celebration with children from across India. Specially curated goodie bags and presents have been shared with around 5000 children from underprivileged backgrounds, in partnership with 26 NGOs across 11 cities including ...
Read More »Cycle Pure Agarbathi creates ‘The Bhagavad Gita in 3 minutes’ for millennials, Gen Z
Cycle Pure Agarbathi creates ‘The Bhagavad Gita in 3 minutes’ for millennials, Gen Z TBB BUREAU BHUBANESWAR, DEC 29, 2021 On the auspicious occasion of Gita Jayanti, Cycle Pure Agarbathi, India’ largest selling prayer brand, has launched ‘The Bhagavad Gita in 3 minutes’ to make the timeless wisdom accessible to the young millennials and help them deal with everyday life ...
Read More »TPNODL trains over 500 women SHGs in Keonjhar and Mayurbhanj districts
TBB BUREAU BALASORE, DEC 28, 2021 One of the major barriers faced by women belonging to the marginal communities in rural areas is to pursue an income generating activity. Prompted by the need to overcome this barrier, TP Northern Odisha Distribution Ltd (TPNODL) imparted training to over 500 women self-help groups (SHGs) in meter reading, billing and collection activities (MBC) ...
Read More »AU Small Finance Bank appoints former RBI Deputy Governor HR Khan as Non-Executive Independent Director
TBB BUREAU MUMBAI/JAIPUR, DEC 28, 2021 AU Small Finance Bank has announced the appointment of Harun Rashid Khan as Non-Executive Independent Director (Additional Director) on the Board, for a period of three years, effective from today, subject to the approval of shareholders. While announcing the appointment, Sanjay Agarwal, MD & CEO, AU Small Finance Bank said, “We are really honoured ...
Read More »Dalmia Cement leads sustainability efforts with launch of India’s 1st e-Trucks initiative
TBB BUREAU RAJGANGPUR, DEC 28, 2021 Leading Indian cement major and a subsidiary of Dalmia Bharat Limited, Dalmia Cement (Bharat) Limited (DCBL) is spearheading the industry’s transition towards a circular economy with the launch of its e-Truck initiative in India. The pioneering move will accelerate DCBL’s sustainability goal of lowering carbon emissions besides optimizing the company’s overall logistics cost. With ...
Read More »Metal and mining industries urge govt not to impose anti-dumping duty on caustic soda
TBB BUREAU NEW DELHI, DEC 28, 2021 In separate representations to the Finance Minister, Revenue Secretary, and the PMO, multiple industry associations have called for an urgent halt to ongoing deliberations to impose anti-dumping duties on the import of caustic soda from the friendly nations of Japan, Qatar, Oman and Iran. The planned additional duties are aimed at countries with ...
Read More »First consignment of HR coils from RSP’s Hot Strip Mill-2 flagged off
TBB BUREAU ROURKELA, DEC 28, 2021 The first consignment of Hot Rolled coils from the newly installed world class Hot Strip Mill-2 (HSM-2) of Rourkela Steel Plant (RSP) was flagged off today by S R Suryawanshi, ED (Works) in presence of senior officers and employees of RSP. A total of 16 HR coils weighing 246 tonnes, were loaded through ...
Read More »IndusInd Bank launches ‘Green’ Fixed Deposits
TBB BUREAU MUMBAI, DEC 28, 2021 IndusInd Bank has announced the launch of ‘Green Fixed Deposits’ where the deposit proceeds will be used to finance projects and firms supporting the United Nations Sustainable Development Goals (SDGs). IndusInd Bank is amongst few banks globally, to bring forth this proposition, thereby integrating SDG into a regular fixed deposit product. These deposits shall ...
Read More »Biggest savings of the year at Big Bazaar’s Public Holiday Sale
TBB BUREAU BHUBANESWAR, DEC 28, 2021 Big Bazaar, India’s largest omni channel retailer, is all set to end this year at a high note. With the upcoming Public Holiday Sale, Big Bazaar is offering biggest savings of the year during the 11-day mega campaign. Big Bazaar’s Public Holiday Sale which started on December 22, 2021 will continue till January 2, ...
Read More »HCL Foundation recognizes growing need to invest in environment action: Nidhi Pundhir
TBB BUREAU BHUBANESWAR, DEC 27, 2021 India faced unprecedented challenges during the second wave of the pandemic. During this testing time, corporate philanthropy assumed more significance than ever and played a critical part in helping individuals and communities get through difficult times. HCL, through all its entities, significantly ramped up its efforts to mitigate the humanitarian crisis. HCL proactively collaborated ...
Read More »Amway India launches ‘Healthy Body Healthy Mind’ campaign for children
TBB BUREAU BHUBANESWAR, DEC 27, 2021 In line with its vision of helping people live better, healthier lives, Amway India, an entrepreneur-led health and wellness company, promotes healthy living, nutrition, and hygiene practices among underprivileged children in collaboration with its nine partner NGOs across India. As a part of its commitment under its CSR program, Project Sunrise, the new campaign ...
Read More »Sterlite Power wins second lot in transmission auction in Brazil
TBB BUREAU NEW DELHI, DEC 27, 2021 Sterlite Brazil Participações S.A. (Sterlite Brazil), a subsidiary of Indian company Sterlite Power Transmission Limited, a company that develops transmission projects, won lot 02 in the transmission auction (no. 002/2021), promoted on 17th December 2021 by the National Electric Energy Agency (ANEEL), at B3, in São Paulo. The Annual Permitted Revenue (RAP) of ...
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