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MCL records highest ever coal dispatch in a day

TBB BUREAU SAMBALPUR, OCT 5, 2021 Mahanadi Coalfields Limited (MCL) on Tuesday recorded the highest ever coal dispatch of 5.45 Lakh tonnes from its Talcher and IB valley coalfields situated in Angul, Jharsuguda and Sundergarh districts of Odisha. MCL achieved this milestone by transporting 3.66 lakh tonne through rail, 1.45 lakh tonne through road and 0.34 lakh tonne through MGR mode. Out ...

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Rourkela Steel Plant registers best-ever H1 production performance in key areas

TBB BUREAU ROURKELA, OCT 5, 2021  Rourkela Steel Plant (RSP), a unit of the Maharatna company SAIL, has registered its best-ever H1 (first half of a financial year) production performance in the three key areas viz.  Hot Metal, Crude Steel and Saleable Steel. In the April-September period (H1) of the Financial Year 2021-22, RSP produced 21,01,278 tonnes of Hot Metal, ...

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Shycocan – A Gift for Someone You Care

TBB BUREAU BHUBANESWAR, OCT 5, 2021 Festivals are an expressive way to celebrate our glorious heritage, culture and traditions. But in the times of the coronavirus pandemic, these joyous occasions raise fears, sparking apprehension about the spread of the dreaded virus, as we have seen. This year we can approach the festive season safely and make it truly special for ...

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Xiaomi India sells 100K Smart TVs in less than 3 days of the festive season sale

TBB BUREAU BENGALURU, OCT 5, 2021 Xiaomi India, country’s No.1 smartphone and No.1 smart TV brand, on Tuesday claimed that it has sold 100K Smart TVs in less than 3 days of the festive sale across platforms. 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 ...

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JSW Paints enters Odisha market

PRIYABRAT BISWAL BHUBANESWAR, OCT 5, 2021 As part of its national scale-up, India’s environment-friendly paints company and part of the US$13 billion JSW Group, JSW Paints, has entered the Odisha market. Launched in 2019, JSW Paints has so far established a strong presence in the Southern and Western parts of India. It is now scaling up its operations in the ...

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RSP supplies pipes to oil and gas sector

TBB BUREAU ROURKELA, OCT 4, 2021 Rourkela Steel Plant (RSP) has recently supplied around 3000 tonnes of API grade pipes – both electrical resistant and spiral welded – to Indian Oil Corporation Limited (IOCL) and Bharat Petroleum Corporation Limited, both Public Sector Undertakings under the Union Ministry of Oil and Natural Gas. RSP supplied pipes with total length of 20 ...

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HSBC executes blockchain-enabled trade transaction for AMNS and Universal Tube

TBB BUREAU MUMBAI, OCT 4, 2021 HSBC on Monday said it has successfully executed a blockchain-enabled live trade finance transaction between ArcelorMittal Nippon Steel India and UAE’s Universal Tube and Plastic Industries. The transaction reinforces the commercial and operational viability of blockchain as an alternative to conventional exchanges for paper-based documentation. With AM/NS India as the seller of steel goods ...

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ICSI’s ‘Fit India Walkathon’ marks 53rd Foundation Day

TBB BUREAU BHUBANESWAR, OCT 4, 2021 The Bhubaneswar Chapter of the Institute of Company Secretaries of India (ICSI) on Monday organised ‘Fit India Walkathon’ here to mark the 53rd Foundation Day of the ICSI. ICSI Members, officials, students and invitees participated in the walkathon enthusiastically. They took oath to make physical activity a routine in their daily life, and to ...

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Reliance General Insurance launches digital care management OPD policy

TBB BUREAU MUMBAI, OCT 4, 2021 Reliance General Insurance Company Ltd. (RGICL) on Monday launched Reliance – Digital Care Management, a one of its kind OPD product that aims to cover the insured against the regular medical expenses incurred during an Outpatient Treatment. The product has been chosen as one of the few ideal and innovative offerings under the Insurance ...

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Bhubaneswar Railway Station to be developed into a world class station: Railway Board Chairman

TBB BUREAU BHUBANESWAR, OCT 3, 2021 Bhubaneswar Station is going to be developed into a World Class Station. Redevelopment plan for Bhubaneswar Station has already been done, said Railway Board Chairman & Chief Executive Officer Suneet Sharma, while reviewing the ongoing projects here today. Talking to media persons, Sharma said, “Railway is coordinating with BDA and a joint plan is ...

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GO FIRST introduces special packages for EXPO 2020 Dubai

TBB BUREAU MUMBAI, OCTOBER 01, 2021 GO FIRST (formerly known as GoAir) in association with TripFactory, announced the introduction of special packages for customers visiting EXPO 2020, one of the largest global events which got underway in Dubai today. Customers can choose from two attractive packages – the GoHoliday package and Flight+Hotel Package. The GoHoliday package includes return tickets (Sharjah), ...

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Dalmia Bharat Foundation felicitates DIKSHa trainees

TBB BUREAU RAJGANGPUR, OCTOBER 01, 2021 Dalmia Bharat Foundation (DBF), the CSR arm of Dalmia Bharat Group, felicitated 10 trainees from Dalmia Institute of Knowledge & Skill Harnessing (DIKSHa) who secured placement with KITEX Garments Pvt. Ltd. in Tamil Nadu at an average annual salary of Rs. 184,020. The trainees will soon join their new workplace. The students were provided ...

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Odisha SLSWCA approves nine investment proposals worth Rs 1,411 cr

TBB BUREAU BHUBANESWAR, OCTOBER 01, 2021 The Odisha government on Friday approved nine industrial projects worth Rs 1,411.58 crore that would generate employment for 2,846 persons. The State Level Single Window Clearance Authority (SLSWCA) headed by Chief Secretary Suresh Chandra Mahapatra approved the projects in seven different sectors, a state government statement said. Among the projects that got the nod ...

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JSPL Foundation honoured with Mahatma Award

TBB BUREAU NEW DELHI/ BHUBANESWAR, OCTOBER 01, 2021 JSPL Foundation, the CSR wing of leading steelmaker Jindal Steel & Power Ltd., has been honoured with the coveted Mahatma Award for its multidimensional social interventions to support the community during the COVID-19 pandemic in India. Former Lieutenant Governor of Puducherry, Dr. Kiran Bedi, presented the award to JSPL President and Group ...

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‘Festival of Electronics’ Sale back at Reliance Digital

TBB BUREAU BHUBANESWAR, OCTOBER 01, 2021 Reliance Digital is giving everyone a new reason to celebrate with the FESTIVAL OF ELECTRONICS this festive season. The sale will be live from 3rd October at all Reliance Digital, My Jio Stores and on www.reliancedigital.in. Customers can avail a 10 per cent instant discount upto Rs. 2,000 on all SBI Credit Card transactions. ...

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PAYBACK India launches PAY feature on its app

TBB BUREAU NEW DELHI, OCTOBER 01, 2021 PAYBACK India, a BharatPe company and India’s largest multi-brand loyalty program, today announced the launch of PAY feature on its mobile app. It’s an industry-first feature that integrates QR-based UPI payments and loyalty in a single app. PAYBACK PAY will enable PAYBACK India’s 100 million+ members to make payments by scanning the UPI ...

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Diwali comes early with Big Bazaar’s Big Shopping Festival

TBB BUREAU BHUBANESWAR, OCTOBER 01, 2021 The festive season is here, and India’s most loved hypermarket brand, Big Bazaar is back with a mega event for its customers to make their purchases well in advance at Big Bazaar’s Big Shopping Festival. Shoppers can get a head start on their festive shopping, both in-store and online on the Big Bazaar app ...

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Bank of Baroda celebrates International Day for the Elderly

TBB BUREAU MUMBAI, OCTOBER 01, 2021 India’s premium public sector bank Bank of Baroda (BoB) celebrated “International Day for the Elderly” today by bringing a host of offers to senior citizens. With a view to provide convenient services to all the elderly, BoB would offer all types of doorstep banking services free to them throughout October. BoB shows its commitment ...

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Vedanta Aluminium’s ‘Bravehearts’ film salutes Covid hero

TBB BUREAU NEW DELHI, SEPT 30, 2021 Vedanta Aluminium Business, India’s largest producer of aluminium, has launched a film to celebrate local heroes who went above and beyond the call of duty to serve people affected by the pandemic as part of Vedanta Group’s ‘Bravehearts’ campaign. This latest film celebrates the invaluable contribution of a young professional, Jayshree Dhanasekaran, who ...

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Homeville raises US$7 million from 9 Unicorns, Varanium NexGen Fund

TBB BUREAU MUMBAI, SEPT 30, 2021 Homeville, a financial technology company in housing finance has raised US$7 million with participation by 9 Unicorns, Varanium NexGen Fund, JITO Angel Network, CREDAI Members Network, Blacksoil and Earlsfield Capital along with other investors. Homeville is building a housing credit enablement network through its technology-driven platforms. The platforms serve the consumer housing credit demand ...

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Sugar industry seems promising; Vexed issues of MSP, FRP and cane arrears continue to be important: Infomerics

TBB BUREAU NEW DELHI, SEPT 30, 2021 Future of sugar industry looks very encouraging but some persisting concerns need urgent attention, according to Infomerics Valuation and Rating Pvt Ltd, the noted SEBI-registered and RBI-accredited financial services credit rating company. The sugar report released today, states that the government has been proactive and supportive keeping in mind its size and the ...

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Adani Green to acquire 40 MW operational Solar Asset in Odisha

TBB BUREAU BHUBANESWAR, SEPT 30, 2021 Adani Renewable Energy (MH) Limited (AREMHL), a wholly-owned subsidiary of Adani Green Energy Ltd (AGEL), has signed definitive agreements with Essel Green Energy Pvt. Ltd. to acquire 100% economic value in a special purpose vehicle (SPV) that owns 40 MW operating solar project in Odisha. The project has a long-term power purchase agreement (PPA) ...

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Axis Bank bets big on ‘Bharat Bank’

TBB BUREAU MUMBAI, SEPT 29, 2021 With the success and tremendous response to its Deep Geo initiative, which focused on servicing over 80 lakh customers in semi-urban and rural regions across 2,065 branches during the pandemic, Axis Bank, India’s third largest bank is now betting big on Bharat. This segment saw an annualised loan growth of 18%, while contributing to ...

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SBI signs pact with three NBFC MFIs for co-lending to JLGs

TBB BUREAU MUMBAI, SEPT 29, 2021 Country’s largest lender State Bank of India (SBI) has signed a Master Agreement with Vedika Credit Capital Ltd (VCCL), Save Microfinance Pvt Ltd (SMPL) and Paisalo Digital Ltd (PDL), for co-lending to individual members of Joint Liability Groups (JLGs) to undertake agriculture and allied activities including other income generation activities. With these partnerships, SBI ...

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Blue Dart announces General Price Increase with effect from Jan ‘22

TBB BUREAU MUMBAI, SEPT 29, 2021 South Asia’s premier express air and integrated transportation and distribution express logistics company Blue Dart Express Limited on Wednesday announced its General Price Increase (GPI), which will come into effect from January 1, 2022. The average shipment price increase will be 9.6 percent as compared to the year 2021, dependant on the shipping profile. ...

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AJIO’s ‘Big Bold Sale’ to begin from Sept 30

TBB BUREAU BHUBANESWAR, SEPT 29, 2021 India’s leading online fashion e-retailer AJIO is all set to get India to fashion up with the hottest fashion sale – Big Bold Sale from September 30 to October 4, 2021. With the festive season around the corner, AJIO is all geared up to bring to its customers the best of festive fashion and ...

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SBI Card announces festive offer ‘Dumdaar Dus’

TBB BUREAU NEW DELHI, SEPT 29, 2021 In a move to double the joy of its cardholders this festive season, India’s largest pure-play credit card issuer SBI Card has announced launch of the three-day mega shopping festive offer-2021, ‘Dumdaar Dus’, starting 3 October 2021. During this one-of-its-kind online shopping festival, SBI Card retail cardholders will have the freedom to shop ...

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AU Small Finance Bank Signs MoU with NABARD

TBB BUREAU JAIPUR, SEPT 29, 2021     AU Small Finance Bank on Wednesday announced that it has signed a Memorandum of Understanding (MoU) with National Bank for Agriculture & Rural Development (NABARD) to boost ongoing rural developmental initiatives in the state of Rajasthan. The MoU envisages joint initiatives for the benefit of farmers, farmer producer organisations, Self Help Groups (SHGs), ...

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Xiaomi 11 Lite NE 5G launched in India at Rs. 26,999

PRIYABRAT BISWAL BHUBANESWAR, SEPT 29, 2021     India’s leading smartphone brand Xiaomi on Wednesday launched a new premium mid-range smartphone Xiaomi 11 Lite NE 5G. The slimmest and the lightest 5G smartphone of 2021, Xiaomi 11 Lite NE 5G smartphone is powered by the Qualcomm Snapdragon 778G chipset and an improved software experience for exceptional performance. Packed in an ultra-thin ...

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Blue Star Climatech starts construction of new manufacturing facility at Sri City

TBB BUREAU BHUBANESWAR, SEPT 29, 2021 Air conditioning and commercial refrigeration major Blue Star Limited’s newly formed wholly-owned subsidiary, Blue Star Climatech Limited, today announced that the Company is in the process of setting up a new state-of-the-art manufacturing facility at Sri City in Chittoor District of Andhra Pradesh. The Company performed Bhoomi Pujan and laid the foundation stone at ...

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Shyam Steel donates e-rickshaws to support livelihood of marginalized community in Odisha

TBB BUREAU BHUBANESWAR, SEPT 29, 2021 Shyam Steel, one of leading producers and manufacturers of primary TMT Bars, on Wednesday donated eight e-rickshaws to the marginalized community in Odisha. The e-rickshaw donation drive is a part of their ongoing campaign ‘Khud Kamao Ghar Chalao’ which aims to support the livelihood of communities affected due to the COVID-19 pandemic. The e-rickshaws ...

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India committed to enhance share of renewable energy to 60pc of power demand at major ports: Sonowal

TBB BUREAU NEW DELHI, SEPT 28, 2021 Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal on Tuesday said that India intended to increase the share of renewable energy to 60% of total power demand of each of its major ports from the present share of less than 10%. It would be through solar and wind generated power. Virtually addressing ...

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MCL CMD visits Talcher mines, boosts morale of coal miners

TBB BUREAU SAMBALPUR, SEPT 28, 2021 Mahanadi Coalfields Limited (MCL) Chairman-cum-Managing Director PK Sinha inspected mega-potential Ananta (13 MTPY) and Balram (6 MTPY) opencast projects of company in Talcher coalfields, on Tuesday. Accompanied by Director (Technical/Operations)OP Singh, the CMD visited Jagannath Area and Hingula Area to inspect the mega-potential coal mines and the Railway Siding No. 5 and 6. The ...

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BoB gets Economic Times BFSI Innovation Tribe Award

TBB BUREAU MUMBAI, SEPT 28, 2021 Public sector lender Bank of Baroda (BoB) has been awarded with The 4th Edition Economic Times BFSI Innovation Tribe Award for Best Digital Banking Product. BoB won the award for its bob World app. Digital economy can help improve economic and social outcomes, and be a force for innovation and productivity growth. Bank of ...

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SAIL ready to move to next realm of expansion: Chairman Soma Mondal

TBB BUREAU NEW DELHI, SEPT 28, 2021 The Steel Authority of India Limited (SAIL) Chairman on Tuesday said the company is ready to move to the next realm of expansion. Addressing the annual general meeting (AGM) of the company, SAIL Chairman Soma Mondal underlined the highlights of SAIL’s FY2020-21 financials for the company’s shareholders. Describing FY21 as the year of ...

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NTPC Coal Mining Headquarters organises cardiology screening camp

TBB BUREAU RANCHI, SEPT 28, 2021 On the eve of World Heart Day, a cardiology screening camp was organized for employees at NTPC Coal Mining Headquarters, Ranchi today. The camp was organized by NTPC CMHQ in association with medical team of Pakri Barwadih Coal mining project and Samford Hospital, Ranchi. The program was graced by Amit Kumar Dubey, Head of ...

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Reliance Foundation announces names of WomenConnect Challenge India grantees

TBB BUREAU MUMBAI, SEPT 28, 2021 Ten organizations across India have been selected as grantees through the WomenConnect Challenge India, launched by Reliance Foundation and the U.S. Agency for International Development (USAID).  Through this initiative, over Rs 11 crore (over $1.5 million USD) has been invested to help bridge the gender digital divide and of this, Reliance Foundation has supported ...

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Samsung launches Galaxy M52 5G smartphone in Indian market

PRIYABRAT BISWAL BHUBANESWAR, SEPT 28, 2021 Samsung, India’s most trusted smartphone brand, on Tuesday launched its new smartphone Galaxy M52 5G, its sleekest and most powerful M series smartphone yet. Galaxy M52 5G is the slimmest M Series smartphone with sleek 7.4mm design. It is 21% sleeker than its predecessor and weighs just 173 grams. The smartphone comes in two ...

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PPL gets regulatory nod to float IPO

TBB BUREAU NEW DELHI, SEPT 27, 2021 Paradeep Phosphates Ltd (PPL) has received Sebi nod to mop up funds through an initial public offering (IPO). The IPO comprises fresh issue of equity shares worth Rs 1,255 crore and an offer for sale (OFS) of up to 12,00,35,800 shares by its existing shareholders and promoters, according to the draft red herring ...

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Vedanta Aluminium bags top spots at Perform, Achieve & Trade Cycle-II of Power Ministry

TBB BUREAU NEW DELHI, SEPT 27, 2021 Vedanta Aluminium Business, India’s largest producer of the aluminium and value-added products, has bagged top spots at Perform, Achieve and Trade (PAT) Cycle-II among the Indian aluminium industry. Perform Achieve and Trade (PAT) scheme is a regulatory instrument deployed by the Ministry of Power, to reduce specific energy consumption in energy intensive industries ...

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Jio ushers in digital revolution by connecting the unconnected in remote hinterlands of Odisha

TBB BUREAU BHUBANESWAR, SEPT 27, 2021 The digital revolution that redefined telecommunication and digital landscape in India has now reached thousands of remote villages in the rural and remote hinterlands of Odisha with the relentless efforts of Reliance Jio under its mission of connecting the hitherto unconnected.   The COVID-19 pandemic has changed the way people interact and communicate with the ...

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Top five mistakes to avoid when applying for a home loan

NEERAJ DHAWAN Neeraj Dhawan Buying a home is an emotional decision, a place where you create memories that stay with you lifelong. But do we plan enough while borrowing a home loan? Are we sure that the home loan scheme is the best in industry? Borrowing a home loan requires analysis and planning, as it is a long-term and expensive ...

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NABARD sanctions Rs.206 crore for construction of 25 road projects in Odisha

National Bank for Agriculture and Rural Development (NABARD) has sanctioned RIDF assistance of Rs.206 crore to the Odisha Government under Rural Infrastructure Development Fund (RIDF) for construction of 25 rural road projects being implemented by the Works Department, in 11 districts of the State. These projects with a combined length of 203 km will improve rural road connectivity for 20.48 ...

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Sunshine from inside out: Amway India introduces Nutrilite Vitamin D Plus

TBB BUREAU BHUBANESWAR, SEPT 27, 2021 Amway India, one of the country’s leading FMCG direct selling companies, strengthened its presence in the Food for Special Dietary Usage space (FSDU) with the launch of Nutrilite Vitamin D Plus. Nutrilite Vitamin D Plus is targeted for individuals with weakened bones. Its unique formulation of Vitamin D3, Vitamin K2 with a patented botanical ...

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Peter England launches unique Biker Collection

TBB BUREAU MUMBAI, SEPT 27, 2021 Peter England, a leading international menswear brand from Aditya Birla Fashion and Retail Limited, has launched an innovative and unique campaign called “Super Biker campaign” inspired by the love of bikes. The campaign is launched in association with Bajaj Avenger. The brand has introduced Biker collection to bring out the explorer in an individual ...

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