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Dalmia Bharat Q2 profit down 10 pc to Rs 209 cr

TBB BUREAU NEW DELHI, OCT 27, 2021 Cement maker Dalmia Bharat Ltd. has reported 9.91 per cent fall in its consolidated net profit at Rs 209 crore for the second quarter (Q2FY22) ended September 30, 2021 as against Rs 232 crore recorded during the corresponding period a year ago, the Company said in a regulatory filing. Revenue from operations was ...

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Amway India ropes in Big B as brand ambassador

TBB BUREAU BHUBANESWAR, OCT 27, 2021 Amway India today announced the appointment of Bollywood megastar Amitabh Bachchan as its brand ambassador. As a part of this momentous association, the veteran actor will endorse the brand Amway and the Nutrilite range of products across all platforms, encourage women and youth empowerment through guided entrepreneurship, thereby reinforcing Amway’s vision of helping people ...

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Xiaomi India sells over 7 million Smart TVs across platforms in 3 years

TBB BUREAU BHUBANESWAR, OCT 27, 2021 Xiaomi India today announced that it has sold over 7 million Smart TVs across Redmi and Xiaomi portfolio, since its inception in 2018. Driving growth for high-quality Smart TVs that come packed with high-end features and top-of-the-line software,  Xiaomi continues to be the best-selling Smart TV brand in the market. Known for providing a revolutionary ...

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Office space renewals gaining pace post-pandemic; NCR, Bengaluru most resilient office markets

TBB BUREAU GURUGRAM, OCT 27, 2021 Occupiers are increasingly renewing their office spaces since April 2020 when the Covid-19 pandemic started, a Colliers’ and Propstack’s joint report “Evolving office space trends in a post-pandemic world” says. Renewals for office spaces accounted for 23 percent of the total leasing during the 15-month period starting April 2020 which is up 8 percentage ...

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Observance of Vigilance Awareness Week at NTPC Coal Mining Headquarters

TBB BUREAU RANCHI, OCT 26, 2021 Vigilance Awareness Week is being observed at NTPC Coal Mining Headquarters, Ranchi from October 26 to November 1, 2021 with the theme “Independent India @75: Self Reliance with Integrity”. ???????????????????????????????????? On the inaugural day of the Vigilance Awareness Week, Regional Executive Director (Coal mining), Partha Mazumder administered the pledge to the employees in presence ...

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Central Bank of India Q2 net profit jumps 55pc to Rs 250 crore

TBB BUREAU BHUBANESWAR, OCT 26, 021 Public sector Central Bank of India reported an over 55 percent jump in net profit at Rs 250 crore for the quarter ended September. The lender had posted a net profit of Rs 161 crore during the same quarter of the previous fiscal. However, total income of the bank during July-September period of 2021-22 ...

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CarDekho launches CarDekho Mall

TBB BUREAU NEW DELHI, OCT 26, 2021 CarDekho, India’s leading full-stack auto tech company, launched the first-of-its-kind CarDekho Mall in Jaipur, a one-stop shop for all used car needs. The mall displays an exciting range of over 500+CarDekho Assured, High Quality Used Cars, from premium vehicles to SUVs, compact SUVs, saloons, sedans and hatchbacks for immediate buying. CarDekho mall is ...

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Jio-bp launches first Mobility Station in Navi Mumbai

TBB BUREAU MUMBAI, OCTOBER 26, 2021 Reliance Industries Limited (RIL) and bp’s fuel and mobility joint venture, Reliance BP Mobility Limited (RBML), today launched its first Jio-bp branded Mobility Station at Navde in Navi Mumbai. Working in a challenging pandemic-affected environment, Jio-bp is bringing a network of world-class Mobility Stations offering multiple fuelling choices to the customers. While reimagining mobility ...

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Centurion University students excel in Regional Skill Competition

TBB BUREAU BHUBANESWAR, OCT 25, 2021 Centurion University is one of the first Skill Universities of India. With meticulously chosen skill based academics, its students are excelling to zenith. One of such examples is the constant progress of the students towards the World Skill Competition to be held at Shanghai in 2022. Eight groups of students who had qualified the ...

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MCL signs MoU with IIT-ISM Dhanbad

TBB BUREAU SAMBALPUR, OCT 25, 2021 Mahanadi Coalfields Limited (MCL) today signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology (IIT)-ISM, Dhanbad for collaboration in research and new initiatives. The MoU was signed by Awadh Kishore Pandey, HoD (Innovation Cell) on behalf of MCL while Prof. Shalivahan, Deputy Director and Dean, R&D, signed it on behalf of ...

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Jio, Google jointly develop Pragati OS for JioPhone Next

TBB BUREAU MUMBAI, OCT 25, 2021          Jio Platforms and Google have jointly developed the Pragati operating system for JioPhone Next, which is expected to be in the market around Diwali, according to a video released by Jio on Monday.         The phone will use a language-translation tool as a special feature to enable communication between vernacular speakers in India. ...

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Future Generali India Insurance enters into bancassurance tie-up with Bank of India

TBB BUREAU MUMBAI/BHUBANESWAR, OCTOBER 25, 2021  Future Generali India Insurance Company Limited (FGII), the general insurance arm of the joint venture between Future Group and global insurer Generali, has entered into a bancassurance tie-up with the Bank of India (BOI) for further penetration of its general insurance products. Through this alliance, FGII will offer its wide array of best-in-class and ...

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JSPL’s Barbil and Tensa units sweep GeoMineTech Awards

TBB BUREAU BHUBANESWAR/BARBIL, OCT 24, 2021 Steel major Jindal Steel & Power Ltd. (JSPL)’s Barbil and Tensa business units have won various awards spanning across all the categories at the GeoMineTech two-day symposium held in Bhubaneswar on Saturday. The Barbil Unit of the Naveen Jindal-owned company bagged the prestigious GeoMineTech Golden Vibgyor HR Excellence Award 20-21 for its exemplary initiatives ...

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GO FIRST becomes first airline to introduce direct service from Srinagar to Sharjah

TBB BUREAU SRINAGAR, OCT 23, 2021 GO FIRST on Saturday achieved a milestone in Jammu & Kashmir by becoming the first airline to start direct international connection and direct international cargo operations from Srinagar, thus strengthening its expanding international network. Operated by an Airbus A320neo, the maiden GO FIRST flight G8 1595 departed Sheikh ul-Alam International Airport in Srinagar at ...

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JSW contributes highest revenue to Odisha in H1FY22

TBB BUREAU BHUBANESWAR, OCT 23, 2021 With its contribution accounting for 46.3 percent of the total revenue Odisha received during the first half (April-September, 2021) of the current financial year (H1FY22), JSW Steel become the highest revenue contributor to the State Government among the iron ore producers during the said period. JSW paid Rs 6019.42 crore to the State Government ...

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NTPC Chatti-Bariatu Coal Mining Project to start mining soon

TBB BUREAU RANCHI, OCT 23, 2021 NTPC Coal mining was awarded the Mine Developer-cum-Operator (MDO) contract for Chatti-Bariatu Coal Mining Project successfully on October 2, 2021. Peak rated capacity from Chatti-Bariattu Coal mine will be 7 Million Metric Tonnes per annum. Land acquisition of this coal mining project is in an advanced stage with the help of the Hazaribag district ...

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Muscle & Strength becomes official nutrition partner for Odisha FC

TBB BUREAU BHUBANESWAR, OCT 23, 2021 Muscle & Strength India has become the official nutrition partner for Odisha FC for upcoming Indian Super League 2021-22. Through this association, the Odisha FC players will now have access to the nutrition supplements and whey proteins to assist their bodies to cope with the rigorous training sessions as they prepare for the upcoming ...

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RIL’s Q2FY22 YoY net profit jumps 46pc to Rs 15,479 cr

TBB BUREAU MUMBAI, OCT 22, 2021 Mukesh Ambani-owned Reliance Industries Ltd (RIL) on Friday reported 46 per cent growth in its year-on-year (YoY) consolidated net profit for the quarter ended September 30, 2021. Based on robust performances in Retail, Digital, Oil and Chemicals businesses, Reliance Industries Limited recorded Rs. 15,479 crore net profit in Q2 FY22 spanning July-September 2021. In ...

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Jio Platforms Q2 net profit up 23.5pc to Rs. 3728 crore

TBB BUREAU MUMBAI, OCT 22, 2021 Jio Platforms Limited (JPL) recorded Rs. 3,728 crore net profit for the quarter spanning from June-September 2021, recording 23.5 per cent growth than the same quarter in the previous year. Gross revenue for the quarter was Rs. 23.222 crore, witnessing 15.2% growth, driven by continued subscriber traction in connectivity business. Average Revenue Per User ...

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Dalmia Cement becomes India’s first cement manufacturer to receive green accreditation from GRIHA

TBB BUREAU NEW DELHI, OCT 22, 2021 Dalmia Cement (Bharat) Limited, a leading Indian cement major and a subsidiary of Dalmia Bharat Limited, has become the first cement company in India to receive a green accreditation from the Green product rating for Integrated Habitat Assessment (GRIHA) council. GRIHA is the national rating system for green buildings in India that was ...

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AU Small Finance Bank launches QR Sound box

TBB BUREAU BHUBANESWAR, OCT 22, 2021 India’s largest small finance bank AU Small Finance Bank has launched QR Code Sound Box to enhance its reach in digital payments, while making it the first bank to launch such a product. With an objective for digital innovation, the QR Sound Box will help small merchants to run their operations smoothly without the ...

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Jio only operator to add new subscribers in Odisha in August: TRAI Data

TBB BUREAU BHUBANESWAR, OCT 21, 2021 Continuing its excellent march as the most preferred digital service provider in Odisha, Mukesh Ambani-owned Reliance Jio became the only operator to add new mobile subscribers in Odisha, in the month of August 2021, as per the latest telecom subscriber data published by the Telecom Regulatory Authority of India (TRAI). All other operators including ...

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Innovation is need of the hour: MCL CMD

TBB BUREAU SAMBALPUR, OCT 21, 2021 “Innovation is the need of the hour to simplify mining processes and optimize productivity to meet the rising demand of dry fuel,” said MCL & Northern Coalfields Limited (NCL) Chairman-cum-Managing Director PK Sinha, while highlighting the importance of coal in the energy sector. Speaking at a seminar on “Improving the Safety Standards in Blasting ...

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Vedanta Jharsuguda wins Kalinga Environmental Excellence Award-2020

TBB BUREAU JHARSUGUDA, OCT 21, 2021 The Jharsuguda Unit of Vedanta Aluminium has been conferred with prestigious Kalinga Environment Excellence Award-2020 for exemplary sustainable environmental practices. Receiving the award, Deepak Prasad, Deputy CEO – Vedanta Ltd., Jharsuguda, said, “At one of the world’s largest aluminium smelters in Jharsuguda, we are committed to the principles of sustainable and environmentally-conscious growth, as ...

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Dalda Vanaspati is now Trans-fat free

TBB BUREAU KOLKATA, OCT 21, 2021 We call it vanaspati while the more scientific-minded know it as hydrogenated vegetable oil – a trusted companion in our kitchen since the 1930s, where the older generations swore by its flavor, richness and good value at a reasonable price. The late 1980s, turned the spotlight on unhealthy fats, and in less than a ...

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Central Bank of India disburses Rs 1.52 cr loans in credit camp

TBB BUREAU SAMBALPUR, OCT 21, 2021 Central Bank of India disbursed loans totalling Rs 1,52,32,000 to 41 beneficiaries at a mega credit camp “Cent Pahal” held at Phuljhar branch under Sambalpur Region of the Bank. Bal Krishna Swain, Chief Manager, Central Bank of India Sambalpur Region, distributed sanction letters to the beneficiaries. Addressing the customers of the Bank, Swain informed ...

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Allen Solly launches ‘Own Your Shape’ campaign for women’s Denim range

TBB BUREAU BHUBANESWAR, OCT 21, 2021 Allen Solly, India’s pioneer brand in casual work-wear from Aditya Birla Fashion and Retail Ltd., unveils a new range of denims for women in diverse sizes with a brand new campaign ‘Own Your Shape’. The campaign addresses the growing concerns – “one-size-fits-all”, as women struggle to find the perfect fit denim. With the launch ...

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RapiPay sold over one lakh Micro ATMs in first year of launch

TBB BUREAU NEW DELHI, OCT 21, 2021     RapiPay, one of the leading assisted payments Fintech companies, today announced that it has sold over one lakh Micro ATMs since it began operations last year, and the company is well on track of its expansion plan to install 5 lakh micro-ATMs in the coming years. As technology-led developments are taking place ...

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Adidas ropes in Deepika Padukone as its brand ambassador

TBB BUREAU NEW DELHI, OCT 21, 2021 Sportswear retailer Adidas has roped in Bollywood actor Deepika Padukone as its brand ambassador. This is part of the German sportswear brand’s strategy to strengthen engagement with women shoppers. With Padukone joining Adidas’ roster of women athletes and partners around the globe, the brand said it will further strengthen its focus on “democratizing ...

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Shyam Steel ropes in Olympic medallists Lovlina Borgohain and Manpreet Singh for new TVC

TBB BUREAU BHUBANESWAR, OCT 20, 2021 Shyam Steel, one of leading producers and manufacturers of primary TMT Bars, launched new TVC featuring Tokyo Olympics medal winners Lovlina Borgohain and Manpreet Singh as part of its “Maksad Toh India Ko Banana Hai” campaign. Created by Roadshow Films Private Limited and directed by Aritra Sen and Sourya Deb, the campaign aims to ...

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Union Mines Secretary inaugurates NALCO’s Lean Slurry Project at Angul

TBB BUREAU ANGUL/BHUBANESWAR, OCT 20, 2021 Union Mines Secretary Alok Tandon on Wednesday inaugurated NALCO’s Lean Slurry Project at Angul, marking a significant milestone in the Navratna Company’s journey for business excellence and adopting outstanding practices in environmental management. Completion of the Lean Slurry Project by NALCO will ensure 100 per cent utilization of ash generated at the Company’s Captive ...

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Future Generali India Insurance announces Rs 10 lakh ex-gratia for kin of deceased off-roll associates

TBB BUREAU MUMBAI/ BHUBANESWAR, OCTOBER 20, 2021  In yet another step towards protecting its employees from the adverse effects of the COVID-19 pandemic, Future Generali India Insurance Company Limited (FGII) has decided to pay ex-gratia of Rs.10 lakh to the next kin of the deceased off-roll associates. This is in addition to the initiative it had taken earlier this year ...

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Reliance Retail acquires 52pc stake in Ritika Pvt Ltd

TBB BUREAU MUBAI, OCT 19, 2021 Reliance Retail Ventures Ltd (RRVL) has acquired a 52 per cent stake in veteran couturier Ritu Kumar’s firm Ritika Pvt Ltd. “RRVL’s majority equity acquisition in Ritika Pvt Ltd included completely acquiring Everstone’s 35 per cent stake in the company,” a joint statement said. Ritu Kumar’s business includes four fashion brand portfolios — Label ...

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Livinguard technology proven to kill 99pc of COVID Delta variant

TBB BUREAU BHUBANESWAR, OCT 19, 2021 Livinguard, the Swiss-based international leader in sustainable self-disinfecting hygiene technology, today claimed that its technology has been proven to kill the delta variant of COVID-19. Tests carried out by the renowned IRSHA institute showed that the inner and outer layers of masks supercharged with Livinguard technology have an average >99 percent effectiveness with no ...

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Practically, IIT Bombay E-Cell to host national entrepreneurship Olympiad Eureka! Junior 2021

TBB BUREAU BHUBANESWAR, OCT 19, 2021 Practically, India’s first experiential learning app designed to make learning immersive for students of classes 6-12, has tied up with the student-run Entrepreneurship Cell (E-Cell) of the Indian Institute of Technology Bombay (IITB) as the title sponsor of the fifth edition of Eureka! Junior. Eureka! Junior is a one-of-its-kind business plan competition organized to ...

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Blue Dart’s ‘Diwali Express’ offers discount on gift shipments

TBB BUREAU BHUBANESWAR, OCT 19, 2021 India’s leading express logistics service provider Blue Dart has launched its ‘Diwali Express’ offer under which a discounted rate of 40 per cent can be availed on all Diwali gift shipments, both domestic and international. While the Domestic Offer will be applicable on Domestic DP shipments weighing between 2kgs and 10kgs, the International Offer ...

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Ramsons ropes in Ditipriya Roy for new brand campaign

TBB BUREAU BHUBANESWAR, OCT 19, 2021 Ramsons Perfumes Pvt. Ltd., a leading brand in the personal care category, has roped in celebrated television actress Ditipriya Roy to be the new face for the brand. This collaboration is primarily for the eastern market and Ditipriya will be promoting Ramsons’ new skin care products across online and offline mediums. The actress will ...

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PM to interact with CEOs, experts of global oil and gas sector tomorrow

TBB BUREAU NEW DELHI, OCT 19, 2021 Prime Minister Narendra Modi will interact with CEOs and Experts of Global Oil and Gas Sector at 6 pm on Wednesday via videoconferencing. The broad theme of the upcoming interaction is promotion of clean growth and sustainability. The interaction will focus on areas like encouraging exploration and production in hydrocarbon sector in India, ...

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NITI Aayog launches Geospatial Energy Map of India

TBB BUREAU NEW DELHI, OCT 18, 2021 Geospatial Energy Map of India was launched by NITI Aayog Vice Chairman Rajiv Kumar, Member V K Saraswat and CEO Amitabh Kant today. NITI Aayog in collaboration with Indian Space Research Organisation (ISRO) has developed a comprehensive Geographic Information System (GIS) Energy Map of India with the support of Energy Ministries of Government ...

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J&K admin, Dubai Govt ink pact for real estate development

TBB BUREAU NEW DELHI, OCT 18, 2021 Jammu and Kashmir administration today signed a Memorandum of Understanding (MoU) with the Government of Dubai for real estate development, industrial parks, IT towers, multipurpose towers, logistics, medical college, super specialty hospital and more. Union Minister for Commerce and Industry Piyush Goyal said that with the signing of the MoU with Dubai Government, ...

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Mineral production in August at 103.8, up by 23.6pc

TBB BUREAU NEW DELHI, OCT 18, 2021 The index of mineral production of mining and quarrying sector for the month of August, 2021 (Base: 2011-12=100) at 103.8, was 23.6 percent higher as compared to the level during last year. The cumulative growth for the period April-August, 2021 over the corresponding period of previous year has increased 25.1 per cent.        Production ...

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India’s future growth depends on science driven economy: Union Minister Jitendra Singh

TBB BUREAU NEW DELHI, OCT 18, 2021      India’s future growth depends on science driven economy, said Union Minister of State for Science & Technology Jitendra Singh while addressing the interactive session on “Role of Research Technology & Start-ups in Blue Economy” at the inaugural session of Azadi Ka Amrit Mahotsav week organised by the Ministry of Earth Sciences, here ...

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Union Govt procures over 56.62 LMT paddy so far in KMS 2021-22

TBB BUREAU NEW DELHI, OCT 18, 2021 Over 56.62 LMT (lakh metric ton) of paddy has been procured in the Kharif Marketing Season (KMS) 2021-22 up to 17th October, 2021. The procurement took place in states and UTs of Chandigarh, Haryana, Himachal Pradesh, Jammu & Kashmir, Punjab, Uttar Pradesh, and Uttarakhand. The KMS 2021-22 at MSP commenced recently and has ...

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Sterlite Power bags Rs 324-crore transmission project

TBB BUREAU NEW DELHI, OCT 18, 2021 Sterlite Power on Monday said it has bagged Nangalbibra-Bongaigaon inter-state power transmission project worth Rs 324 crore. “Sterlite Power, a leading private sector power transmission infrastructure developer and solutions provider, has been awarded the Nangalbibra-Bongaigaon interstate power transmission project worth Rs 324 crore through tariff-based competitive (TBCB) by virtue of emerging as the ...

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Asian Paints introduces wall textures by Royale Play

TBB BUREAU BHUBANESWAR, OCT 18, 2021 Heralding the festive season this year is a collection of wall textures – Taana Baana by Asian Paints Royale Play. Taana Baana means warp and weft, which refers to the orientation of any woven fabric. They are the basic components of weaving, which turn thread to yarn, yarn to fabric, and fabric to lifestyles, ...

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