TBB BUREAU BHUBANESWAR, OCT 18, 2021 After a brief cooling period during July-September, domestic steel prices have resumed their run-up in October, with major steelmakers increasing the price of flat steel by Rs 1,500-3,000 per tonne. Long steel price also rose by Rs 3,000 per tonne in the first week of this month, led by higher coal prices and healthy ...

TBB BUREAU SAMBALPUR, OCT 18, 2021 Leading coal producer Mahanadi Coalfields Limited (MCL) on Sunday scaled a new height in coal supply with dispatch of over 5.47 lakh tonnes of coal to consumers, breaking its previous record of 5.45 lakh tonnes. The company on Sunday dispatched the highest ever 103 rakes of coal to the consumers, with 65 rakes coming ...

TBB BUREAU NEW DELHI/BHUBANESWAR, OCT 16, 2021 With childhood obesity becoming a significant public health concern and posing the risk of developing non-communicable diseases (NCDs) later in life, concerned Indian parents want the Government to adopt stringent measures to regulate processed food, as its regular use leads to obesity. On the occasion of the World Food Day (on October 16), ...

TBB BUREAU BHUBANESWAR, OCT 15, 2021      Following directives from the Union Coal Ministry, Navratna Company NLC India Limited (NLCIL) has started supply of coal from its Talabira II & III coal mines (20 MT annual capacity) in Odisha to Darlipali and Lara Power plants of NTPC Ltd. The Ministry of Coal has taken all efforts to augment coal supplies ...

TBB BUREAU NEW DELHI, OCT 15, 2021 India recognises that universal vaccination is the key to stemming the spread of the virus, said Union Minister for Finance & Corporate Affairs Nirmala Sitharaman while asserting that the stark difference in vaccination coverage of low-income countries and advanced countries is of concern and it is critical that we need to address vaccine ...

TBB BUREAU BHUBANESWAR, OCT 14, 2021 A Japanese delegation, led by Japan’s Ambassador to India Satoshi Suzuki, today held discussion with the Odisha Government to explore various partnership opportunities in the State. The Japan investment seminar was addressed by Odisha’s Industries Minister Dibya Sankar Mishra, Chief Secretary Suresh Mohapatra and senior officials from the various departments of the State Government. ...

TBB BUREAU NEW DELHI, OCT 14, 2021 The e-filing portal of the Income Tax Department (www.incometax.gov.in) has marked receipt of more than 2 crore Income Tax returns as on 13th October 2021. Over 13.44 crore unique taxpayers have logged in till 13th October, 2021.  Approximately 54.70 lakh taxpayers have availed of ‘forgot password’ facility to obtain their passwords. The new ...

TBB BUREAU NEW DELHI, OCT 14, 2021 Mukesh Ambani-owned Reliance Industries Limited (RIL), India’s largest corporate by revenues, profits and market value, topped Indian corporates in the World’s Best Employers Rankings 2021 published by Forbes. Reliance Industries was placed at 52 in the overall ranking of 750 global corporates. Other Indian entities after Reliance Industries in the global top 100 ...

TBB BUREAU NEW DELHI, OCT 14, 2021 The Cabinet Committee on Economic Affairs (CCEA) on Thursday announced that the increased prices of Phosphatic and Potassic (P&K) fertilizers approved earlier shall be rolled over for the whole year 2021-22. The increased prices, vide notification dated May 20, 2021, would be applicable from October 1, 2021 to March 31, 2022, the CCEA, ...

TBB BUREAU SAMBALPUR, OCT 13, 2021 In a bid to support Coal India Limited’s efforts to successfully meet the increased demand of indigenous dry fuel, Odisha-based mini-ratna CPSE Mahanadi Coalfields Limited (MCL) has further augmented its business operations with an average daily coal dispatch crossing 5.1 lakh tonnes during current month, as it also keeps a close watch on coal ...

TBB BUREAU NEW DELHI, OCT 13, 2021 Launching the PM Gati Shakti – National Master Plan for multi-modal connectivity here today, Prime Minister Narendra Modi said that the Master Plan not only brings together the government process and its various stakeholders but also helps to integrate different modes of transportation. “This is an extension of holistic governance,” he said. The ...

TBB BUREAU NEW DELHI, OCT 12, 2021 In a historic event for the infrastructure landscape of the country, Prime Minister Narendra Modi will launch PM GatiShakti – National Master Plan for multi-modal connectivity, at Pragati Maidan in New Delhi on Wednesday. Infrastructure creation in India had suffered for decades from multiple issues. There was lack of coordination between different Departments, ...

TBB BUREAU MUMAI, OCT 12, 2021  Union Bank of India today entered into partnership with CDAC (Centre for Development of Advanced Computing) under Bank’s Cyber Security Centre of Excellence (CCoE) initiative, according to which CDAC will assist the Bank to impart Cyber Security Awareness and Education to its stakeholders. The Memorandum of Understanding (MoU) was signed by Raj Kiran Rai ...

TBB BUREAU NEW DELHI, OCT 12, 2021 After successful auction of 28 coal mines in the first two tranches, Ministry of Coal has today launched the auction process of 40 new coal mines (21new mines under CM (SP) Act and 19 new mines under the Tranche 3 of MMDR Act). With coal mines rolling over from previous tranche, there shall ...

TBB BUREAU TENSA, OCT 12, 2021 TRB Iron Ore Mines of Jindal Steel and Power Ltd (JSPL) in Tensa of Sundergarh district has been conferred with prestigious Kalinga Environment Excellence Award-2020 for exemplary sustainable environmental practices in mines. Odisha Legislative Assembly Speaker Surya Narayan Patro handed over the prize to Pramod Kumar Patra, Vice President and Unit Head of TRB ...

TBB BUREAU NEW DELHI, OCT 11, 2021 “There has never been such a decisive government in India as it is today. The major reforms that are happening in India today in the Space Sector and Space Tech are an example of this,” said Prime Minister Narendra Modi while launching Indian Space Association (ISpA) today via videoconferencing. The Prime Minister said ...

TBB BUREAU SAMBALPUR/TALCHER, OCT 11, 2021 Mahanadi Coalfields Limited (MCL) on Sunday supplied 5.34 lakh tonnes of coal to consumers with highest ever of 62 rakes from its Talcher Coalfields, maintaining an average of more than half-a-million coal provided to consumers during the current month. At least 95 rakes were dispatched from Talcher and Ib Valley coalfields of the company, ...

TBB BUREAU BENGALURU, OCT 11, 2021 AUS (Aarav Unmanned Systems), the leading end to end drone solution start-up has bagged contract for 4 States under the SVAMITVA scheme of the Government of India. The company has bagged the mandate to deploy additional 80 drones across the states of Uttar Pradesh, Madhya Pradesh, Maharashtra and Rajasthan through competitive bidding process. AUS ...

TBB BUREAU ROURKELA, OCT 11, 2021 Bolani Ores Mines (BOM) under the Odisha Group of Mines of SAIL, Rourkela Steel Plant (RSP) created 3 fresh production records on October 8, 2021. Maintaining the momentum of the excellent performance in the first half (H1) of the current fiscal, the team Bolani clocked highest ever single-day production of lump and fines, highest ...

TBB BUREAU BHUBANESWAR, OCT 11, 2021 Suresh Bose has been appointed as the Chief Human Resources Officer (CHRS) of Jindal Stainless. As the leader of HR functions, Bose will be responsible for driving people strategy, workplace culture, talent management and future growth. Determined to strengthen its position as a preferred employer, the Company’s decision to hire Bose comes at a ...

TBB BUREAU BHUBANESWAR, OCT 11, 2021 Linen Club, the leading Linen fabric and apparels brand in India from the Aditya Birla Group, has launched its festive campaign – Linen Utsav – in its exclusive showrooms in the twin cities of Bhubaneswar and Cuttack. Linen Utsav is an annual marketing property of Linen Club where the brand gives special offers during ...

TBB BUREAU NEW DELHI, OCT 11, 2021 India’s leading digital ecosystem for consumers and merchants Paytm today announced that its Paytm Mini App store has launched the ‘Indian Brand Sale’ where consumers can buy directly from young, upcoming homegrown brands. The sale will go on till October end to celebrate the festive season. During the sale, Paytm Mini App store ...

TBB BUREAU JAIPUR/ BHUBANESWAR, OCT 11, 2021     AU Small Finance Bank, India’s largest Small Finance Bank, announces the mega festive offers for its customers across the nation. The ‘AU Shopping Dhamaka’ offer, which began on October 4, will continue till November 7, 2021. With offers across 500-plus brands, AU Bank has partnered with leading brands across categories like Shopping, ...

TBB BUREAU BHUBANESWAR, OCT 11, 2021 The ambitious Rs 100-trillion national master plan for multimodal connectivity, also known as Gati Shakti, aimed at facilitating multi-modal connectivity to more than 1,200 industrial clusters including two defence corridors across the country, will be unveiled by Prime Minister Narendra Modi on October 13. On India’s 75th Independence Day, the Prime Minister had announced ...

TBB BUREAU MUMBAI, OCT 11, 2021 Sunteck Realty Limited on Monday reported a 36 per cent year-on-year (YoY) rise in its sales bookings at Rs 272 crore for the quarter ended on September 30, 2021 (Q2FY22) on better housing demand. Its sales bookings stood at Rs 200 crore in the year-ago period. In a regulatory filing, the Mumbai-based developer informed ...

TBB BUREAU MUMBAI, OCT 10, 2021 Reliance New Energy Solar Ltd (RNESL), a wholly-owned subsidiary of Reliance Industries Ltd (Reliance), on Sunday executed definitive agreements with Shapoorji Pallonji and Company Private Ltd (SPCPL), Khurshed Daruvala and Sterling & Wilson Solar Ltd (SWSL) to acquire 40 per cent stake post-money in SWSL through a series of transactions. The transactions involve preferential ...

TBB BUREAU BHUBANESWAR, OCT 10, 2021 Following request from individuals and various organisations across the country, JSPL Foundation, the CSR wing of Naveen Jindal-led Jindal Steel & Power Ltd (JSPL), has extended the last date for nomination for the 4th edition of its Rashtriya Swayamsiddh Samman-2021 to October 20, 2021. Like the previous three editions, this pan India initiative will ...

TBB BUREAU MUMBAI, OCT 10, 2021 Reliance New Energy Solar Ltd (RNESL), a wholly owned subsidiary of Reliance Industries Ltd (RIL), has announced acquisition of 100% shareholding of REC Solar Holdings AS (REC Group) from China National Bluestar (Group) Co Ltd., for an Enterprise Value of USD 771 million. REC is headquartered in Norway and has its operational headquarters in ...

TBB BUREAU MUMBAI, OCT 9, 2021 David Abraham and Rakesh Thakore have always put sustainable practices in the forefront for their label ‘Abraham and Thakore’. Their latest collection at the FDCI x Lakmé Fashion Week presented by R-Elan was all about the theme “Assemble, Disassemble and Reassemble” for a look created from recycled PET materials as a pre-launch initiative at ...

TBB BUREAU MUMBAI, OCT 9, 2021  7-Eleven launched its first convenience store in India today at Atul Blue Fortuna in Marol, Andheri East, Mumbai. The 7-Eleven stores aim to provide shoppers with a unique style of convenience, offering a range of beverages, snacks and delicacies specifically curated to appeal to local tastes. Reliance Retail Ventures Limited, through its wholly owned ...

TBB BUREAU RAJGANGPUR, OCT 8, 2021 One of India’s pioneering homegrown cement companies Dalmia Cement (Bharat) Limited has been focusing its concerted efforts to secure life and livelihood of people living in the peripheral villages  of Lanjiberna Mines and RGP Cement plant through various CSR interventions. The Rajgangpur Unit of the Dalmia Cement (Bharat) Limited, as part of its CSR ...

TBB BUREAU BHUBANESWAR, OCT 8, 2021 Odisha Chief Minister Naveen Patnaik on Friday stressed upon linking farmers directly to market and removing intermediaries with the objective to improve the income of farmers. Inaugurating the Odisha Agri Conclave 2021 on virtual platform today, the Chief Minister said that the emphasis of the state government is to enhance the income of farmers. ...

TBB BUREAU NEW DELHI, OCT 8, 2021 The Cabinet Committee on Economic Affairs (CCEA) – empowered Air India Specific Alternative Mechanism (AISAM) approved the highest price bid of Talace Pvt Ltd, a wholly owned subsidiary of Tata Sons Pvt. Ltd for sale of 100% equity shareholding of Government of India in Air India along with equity shareholding of Air India ...

TBB BUREAU BHUBANESWAR, OCT 8, 2021 As part of the ‘Azadi Ka Amrut Mahostav’ celebration, Hindalco-Hirakud in collaboration with the Jawahar Udyan management, flagged off a cleanliness drive.  Led by Hindalco Hirakud Cluster Head Kailash Pandey, the volunteering by Hindalco employees and locals for a clean and green Jawahar Udyan was indeed encouraging. Plastic, polythene and other waste in the ...

TBB BUREAU MUMBAI, OCT 8, 2021 SUD Life, a joint venture of Bank of India, Union Bank of India and Dai-ichi Life, has launched a new product e-Wealth Royale, which is a unit-linked life insurance plan providing life cover with flexibility to choose wealth creation options. The policy also gives a wide-ranging option to choose from 8 funds ranging from ...

TBB BUREAU NEW DELHI, OCT 7, 2021 Vedanta Aluminium, India’s largest producer of aluminium and value-added products, has won ‘Best in Future of Digital Infrastructure’ Award at the IDC Digital Transformation (DX) Summit India and Future Enterprise Awards 2021. Vedanta Aluminium has bagged this coveted award in the ‘Best in Future of Digital Infrastructure’ category for its Digital Smelter and ...

TBB BUREAU BHUBANESWAR, OCT 7, 2021 Recognizing the need to invest in accelerating youth entrepreneurship and strengthen the gig economy, Amway India has announced the launch of #AmYoung programme. Starting with the East and West markets, the initiative is aligned with Amway’s 10-year global growth vision of promoting entrepreneurship among youth by enhancing their leadership, business and social selling skills. ...

TBB BUREAU BHUBANESWAR, OCT 7, 2021 Prime Minister Narendra Modi today dedicated 35 Pressure Swing Adsorption (PSA) oxygen plants in different States and the Union Territories, in an event held at AIIMS Rishikesh, Uttarakhand. These include four plants in Odisha. IndianOil has installed and commissioned these four PSA oxygen plants at Sub-divisional Hospital at Talcher in Angul district, District Headquarters ...

TBB BUREAU MUMBAI, OCT 7, 2021 Bank of Baroda (BoB), India’s premium public sector bank, on Thursday announced reduction of 25 bps in its home loan rates from 6.75 per cent to 6.50 per cent with effect from today.  With the onset of festive season and to make home buying more affordable for customers, BoB has extended this offer and ...

TBB BUREAU NEW DELHI, OCT 7, 2021 Lower production due to semiconductor supply shortages and a longer waiting period dented India’s overall vehicle retail sales on a sequential, as well as year-on-year basis, in September 2021. Data released by the Federation of Automobile Dealers Associations (FADA) showed a fall of 5.27 per cent during the month under review from September ...

TBB BUREAU NEW DELHI, OCT 7, 2021 India’s leading digital ecosystem for consumers and merchants Paytm today announced the launch of its ‘Navratri Gold’ offer for LPG cylinder bookings. Between 7th and 16th October, 5 lucky users every day will win Paytm Digital Gold worth Rs. 10,001 on booking their LPG cylinders through the Paytm app. This offer would also ...

TBB BUREAU MUMBAI, OCT 7, 2021 Reliance Retail Ventures Limited (RRVL), through its wholly owned subsidiary 7-India Convenience Retail Limited, has entered into a master franchise agreement with 7-Eleven, Inc. (SEI) for the launch of 7-Eleven convenience stores in India, RRVL said in a statement on Thursday. The first 7-Eleven store is set to open on Saturday, October 9 in ...

TBB BUREAU BHUBANESWAR, OCT 6, 2021 Shoppers Stop, India’s leading fashion and beauty destination, has announced the second edition of ‘Showstoppers’ to celebrate beauty trends, talents and creativity with exciting offers, master classes, and experiences. The 10-day beauty fest commences with a nation-wide talent hunt judged by versatile actor Shilpa Shetty starting 8th October leading into the full blown festival ...

TBB BUREAU BHUBANESWAR, OCT 6, 2021           The National Bank for Agriculture and Rural Development (Nabard) on Wednesday said it has sanctioned assistance to the tune of Rs 303 crore to the Odisha government for construction of 24 bridges in the state.           The rural infrastructure projects will improve connectivity for 24.13 lakh people in 823 villages across 13 districts, ...

TBB BUREAU BENGALURU, OCT 6, 2021 Xiaomi India, country’s number 1 smartphone and smart TV brand, on Wednesday said that it has sold over 2 million smartphones in just five days of the festive sale across channels. Continuing the brand’s legacy, ‘Diwali With Mi’ brought attractive discounts and offers across Mi.com, Great Indian Shopping Festival on Amazon, and The Big ...

TBB BUREAU BHUBANESWAR, OCT 6, 2021 In line with its commitment to normalizing conversations around mental health and creating awareness on mental health issues, Future Generali India Insurance Company Limited is launching yet another disruptive initiative. Ahead of World Mental Health Day, the company will be launching unique designs of facemasks that carry curated messages on spreading awareness and acceptance ...

TBB BUREAU DUBAI, OCT 6, 201 Hindustan Zinc, a Vedanta Group company and one of the world’s largest and India’s only integrated Zinc-Silver-Lead producers, led the India Inc. conversation on Net Zero at the Dubai Expo 2020. Hindustan Zinc CEO Arun Misra gave a strong message and shared the ‘Road to COP 26 and Beyond’ at the opening session of ...

TBB BUREAU BENGALURU, OCT 6, 2021 ACER, the leading global PC brand, today unveiled a range of laptops with the latest Windows 11 operating system aimed at consumers looking for power-packed performance in an ultra-thin stylish design built around Windows 11. Windows 11 provides a calm and creative space where one can pursue his/her passions through a fresh experience. From ...

TBB BUREAU LANJIGARH, OCT 5, 2021 Vedanta Limited, Lanjigarh, India’s premier producer of metallurgical grade alumina, has initiated ‘Jan Sampark Karyakram’ (Public Relations Programme) on Gandhi Jayanti to further greater connect with the communities in the region. The company also unveiled its Corporate Social Responsibility (CSR) Annual Report for FY 20-21 that encapsulates its community development endeavours in Kalahandi and ...

TBB BUREAU BHUBANESWAR, OCT 5, 2021 Regional Provident Fund Commissioner of Employees’ Provident Fund Organisation (EPFO), Bhubaneswar handed over the Pension Payment Order (PPO) to the superannuating employees of NALCO Corporate Office on on their day of retirement on 30th September.  Notably, under the ‘PRAYAAS’ initiative of Government of India, PPO are handed over to the superannuating employees on the ...