TBB BUREAU NEW DELHI, AUG 23, 2021 The Government of India and the Asian Development Bank (ADB) today signed a $500 million loan to expand the metro rail network in Bengaluru with construction of two new metro lines totalling 56 km in length. The signatories to the agreement for Bengaluru Metro Rail Project were Rajat Kumar Mishra, Additional Secretary, Department ...
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Finance Minister launches National Monetisation Pipeline
TBB BUREAU NEW DELHI, AUG 23, 2021 Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman, today launched the asset monetisation pipeline of Central ministries and public sector entities: ‘National Monetisation Pipeline (NMP Volumes 1 & 2)’. The pipeline has been developed by NITI Aayog, in consultation with infrastructure line ministries, based on the mandate for ‘Asset Monetisation’ under Union ...
Read More »Skechers launches GO WALK 6
TBB BUREAU BHUBANESWAR, AUG 23, 2021 Skechers has launched the sixth iteration of its widely successful walking shoes, GO WALK 6 in India. The GO WALK 6 collection features a lightweight ULTRA GO cushioning midsole and high-rebound Hyper Pillar Technology for added support. Skechers GO WALK 6 has been designed to give consumers the ultimate walking experience with comfort technologies ...
Read More »GoodWorker appoints Amit Jain as Chief Executive Officer
TBB BUREAU BENGALURU, AUG 23, 2021 Backed by the Lemmatree Group, noted actor Sonu Sood and Schoolnet, GoodWorker, a digital platform aiming to help blue/grey collar workers in India and transform their lives through career enhancement opportunities, has fortified its senior leadership with the appointment of Amit Jain as its Chief Executive Officer (CEO). In a career spanning over two ...
Read More »Medimix re-launches its face care range
TBB BUREAU BHUBANESWAR, AUG 23, 2021 Cholayil Group, a name that is synonymous with Ayurveda and skin care has more than 50 years of expertise in providing Ayurvedic skin care solutions with the brand popularly known as Medimix. Medimix re-launches its iconic Face Care range with new and improved formulation, colourful and vibrant packaging and highly effective skin benefits reflecting ...
Read More »Paytm, HDFC Bank enter into strategic partnership for delivering financial solutions to end consumers and merchants
TBB BUREAU MUMBAI, AUG 23, 2021 India’s leading digital ecosystem for consumers and merchants, Paytm and India’s largest private sector bank, HDFC Bank, today announced a strategic partnership for delivering financial solutions to end consumers and merchants across India. This partnership will launch innovative products across digital payments, lending and POS solutions, a statement released by the companies said. This ...
Read More »JSPL Chairman calls on Odisha Chief Secretary, briefs about company’s Angul plant expansion plan
TBB BUREAU BHUBANESWAR, AUG 22, 2021 Jindal Steel & Power Ltd (JSPL) Chairman Naveen Jindal oN Saturday called on Odisha Chief Secretary Suresh Chandra Mahapatra, and updated him about JSPL’s plan to expand its Angul steel plant’s capacity from 6 MTPA to 25.2 MTPA by 2030 which will be the largest plant in the world in a single location as ...
Read More »JSPL emerges as the highest GST payer of Odisha
TBB BUREAU ANGUL, AUG 21, 2021 The Angul unit of Jindal Steel and Power Ltd. (JSPL) has emerged as the highest GST payer of Odisha in the private sector category. Taking into consideration of the GST paid by the companies since 2018 to 2021, the GST and Central Excise Commissionerate, Rourkela has felicitated Jindal Steel & Power Ltd, Angul for ...
Read More »Vedanta helps Jharsuguda farmers restart livelihood post COVID-19 second wave
TBB BUREAU JHARSUGUDA, AUG 20, 2021 As part of its sustainable livelihood project ‘Jeevika Samriddhi’, the Jharsuguda Unit of Vedanta Aluminium distributed agricultural resources like seeds of various cash crops and vermicompost units to local farmers in Jharsuguda, helping them restart their livelihood post COVID-19 second wave. Vedanta also organized a training and consultation visit by Surendra Delki, Assistant Horticulture ...
Read More »SwitchON Foundation launches SEWA network providing platform to promote sustainable climate smart technologies
TBB BUREAU BHUBANESWAR, AUG 20, 2021 On the occasion of Akshay Urja Divas or National Renewable Energy Day, SwitchON Foundation launched the Strengthening Energy Water and Agriculture (SEWA) Network, a network of grassroot organisations working in these domains to create an ecosystem for the promotion of solar pump, micro irrigation, ground water recharge and other sustainable agricultural practices in Jharkhand, ...
Read More »Philips unveils state-of-the-art Fresh Air Mask
TBB BUREAU BHUBANESWAR, AUG 20, 2021 Royal Philips, a global leader in health technology, on Friday unveiled the Philips Fresh Air Mask. Combining excellent breathing comfort, strong filtration performance and contemporary design, the Philips Fresh Air Mask will provide protection from rising air pollution levels in the country. Commenting on the new launch, Vidyut Kaul, Head, Personal Health, Philips Indian ...
Read More »On World Mosquito Day, Godrej Consumer Products urges people to stay protected against mosquito-borne diseases
TBB BUREAU MUMBAI, Aug. 20, 2021 On World Mosquito Day today, Godrej Consumer Products Limited (GCPL), the parent company behind India’s leading household insecticide brands like Goodknight and HIT, urged people to recognize the looming threat of mosquito-borne diseases like malaria and dengue and to adopt preventive measures to stay safe. The company also reiterated its commitment towards reducing morbidity ...
Read More »Honda launches all-new CB200X at Rs 1.44 lakh
TBB BUREAU BHUBANESWAR, AUG 19, 2021 Setting a new trend in the evolving 180-200cc motorcycle segment, Honda Motorcycle and Scooter India Pvt. Ltd on Thursday launched the all-new CB200X in India. The all-new CB200X, ready for both a busy weekday city commute as well as short weekend relaxed rides beyond cityscapes, is priced at Rs 1,44,500 ex-showroom (ex-showroom, Gurugram). The ...
Read More »Tata Steel commissions its first steel recycling plant in Rohtak
TBB BUREAU NEW DELHI, AUGUST 18, 2021 As part of its commitment to a sustainable tomorrow, Tata Steel has commissioned its new 0.5 Mn TPA Steel Recycling Plant at Rohtak, Haryana. The plant has been set up in collaboration with Aarti Green Tech Ltd., as a ‘Build, Own, Operate’ (BOO) partner. It is the first such facility in India, equipped ...
Read More »Despite pandemic, mining sector maintained pace: Steel & Mines Minister Mallik
TBB BUREAU BHUBANESWAR, AUG 18, 2021 Notwithstanding the adverse impact of the COVID-19 pandemic, the mining sector in Odisha maintained the pace of work following initiatives taken by the state government, said Minister for Steel and Mines Prafulla Kumar Mallik today. Addressing the ‘National Metal and Mining e-Summit 2021’ organized by the Steel and Mines Department of the Odisha Government ...
Read More »Indian Bank launches mentorship program ‘MSME Prerana’ in Odisha
TBB BUREAU BHUBANESWAR, AUG 18, 2021 Indian Bank launched its flagship program ‘MSME Prerana’ in Odisha on Tuesday. ‘MSME Prerana’ is a novel, unique and innovative business mentoring program, first of its kind to empower MSME entrepreneurs. Developed in collaboration with Knowledge Partner, Poornatha & Co, ‘MSME Prerana’ is Indian Bank’s unique initiative to empower MSME entrepreneurs by improving their ...
Read More »SBI Life launches new-age term insurance policy ‘SBI Life eShield Next’
TBB BUREAU MUMBAI, AUG 17, 2021 SBI Life Insurance on Tuesday announced the launch of a new-age protection solution ‘SBI Life eShield Next’, an individual, non-linked, non-participating, life insurance pure risk premium product. “The policy works by ‘levelling up’ the required insurance protection, through an increase in sum assured linked to the significant ‘level-up milestones in one’s life, like getting ...
Read More »Amway India ropes in Olympian Mirabai Chanu as its brand ambassador
PRIYABRAT BISWAL BHUBANESWAR, AUG 17, 2021 Direct selling company Amway India on Tuesday said it has appointed in Olympian Saikhom Mirabai Chanu as its brand ambassador. The association with Chanu is in line with Amway’s focus on consolidating its health and nutrition category, especially targeting women and youth in the country, it added. L-R:_Anshu Budhraja, CEO Amway India; Olympian Saikhom ...
Read More »Vedanta Aluminium celebrates India’s 75th Independence Day with patriotic fervor
TBB BUREAU LANJIGARH/JHARSUGUDA, AUG 16, 2021 Vedanta Aluminium, India’s largest producer of aluminium and value-added products, on Sunday joined the Nation in celebrating the 75th Independence Day of the country with patriotic fervor with employees, stakeholders and community members at its operations in Lanjigarh and Jharsuguda in Odisha. The highlights of the event included a spectacular march past by the ...
Read More »JSPL celebrates 75th Independence Day
TBB BUREAU BARBIL/ANGUL/BHUBANESWAR, AUG 16, 2021 Jindal Steel and Power Ltd. (JSPL)’s Barbil pellet plant joined the nation in celebrating the 75th Independence Day with great pomp and pageantry at Barbil on Sunday. Plant Head and Executive Vice President Brij Badhadra unfurled the national flag. Maintaining COVID appropriate protocols, the event was observed in the presence of all heads of ...
Read More »75th Independence Day: PM announces Rs 100 lakh crore ‘Gati Shakti’ national master plan
TBB BUREAU New Delhi, Aug 15, 2021 Addressing the nation from the ramparts of the Red Fort on the 75th Independence Day on Sunday, Prime Minister Narendra Modi announced that the government would soon launch the ‘PM Gati Shakti National Master Plan’ worth Rs 100 lakh crore which would help in employment opportunities for lakhs of youths and lay foundation ...
Read More »NALCO celebrates 75th Independence Day
TBB BUREAU BHUBANESWAR, AUG 15, 2021 State-run National Aluminium Company Ltd.( NALCO), joined the nation in celebrating the 75th Independence Day – Azadi Ka Amrit Mahotsav today. NALCO Chairman-cum-Managing Director Sridhar Patra hoisted the national flag in a glittering function held at NALCO’s headquarters in Bhubaneswar and addressed the employees. Similar celebrations marked by patriotism were also held in production units and other offices ...
Read More »PM announces National Hydrogen Mission
TBB BUREAU NEW DELHI, AUG 15, 2021 In a major boost for India’s energy sufficiency and security targets, Prime Minister Narendra Modi on Sunday announced to launch a National Hydrogen Mission. Addressing the Nation on the occasion of the 75th Independence Day today, the Prime Minister stressed on the need for energy independence and said that the plan involves India ...
Read More »Rourkela Steel Plant achieves 50-million ton milestone
TBB BUREAU ROURKELA, AUG 14, 2021 The Sintering Plant–I of SAIL, Rourkela Steel Plant (RSP) surpassed the historical production milestone of 50 million ton on August 11, thereby joining the group of outstanding performing departments of RSP. Sintering Plant-I of RSP was designed and commissioned on February 28, 1965 by Messrs Kopper from Germany based on the design of fifties ...
Read More »Anil Agarwal Foundation supports ‘Hum Hindustani’
TBB BUREAU BHUBANESWAR, AUG 14, 2021 Ahead of India’s 75th Independence Day, a number of big artistes from the Indian film fraternity have come together to lend their voices for the patriotic anthem titled ‘Hum Hindustani’. The track, supported by the Anil Agarwal Foundation of the Vedanta Group, and produced by Priyaank Sharma and Paras Mehta of music label Dhamaka ...
Read More »Reliance Jio concludes spectrum trading agreement with Bharti Airtel
TBB BUREAU MUMBAI, 13, 2021 Reliance Jio Infocomm Ltd (RJIL) on Friday announced that it has concluded the definitive Agreement entered with Bharti Airtel Limited for acquisition of right to use spectrum in the 800MHz band in Andhra Pradesh (2 x 3.75 MHz), Delhi (2 x 1.25 MHz) and Mumbai (2 x 2.5 MHz) circles through spectrum trading, which has ...
Read More »India must set new standards for sulphur dioxide emission
Air pollution is a public health emergency. Besides suspended air particles, sulphur dioxide (SO2) is a major pollutant contributing to deaths from air pollution worldwide. Power plants burning coal and oil along with refineries are responsible for two-thirds of anthropogenic SO2 emissions. With about 90% of power generated in India coming from coal-based plants (comprising about 55% of the country’s ...
Read More »RSP registers best ever specific energy consumption in July ‘21
TBB BUREAU ROURKELA, AUG 11, 2021 Rourkela Steel Plant (RSP) has registered the best ever monthly specific energy consumption of 5.91 Giga calories per tonne of crude steel (Gcal/TCS) in July, 2021. The remarkable achievement in the key techno-economic front compliments the record production performances by major units of the Steel Plant. Notably, the previous best monthly specific energy consumption ...
Read More »Vedanta Lanjigarh conducts weeklong breastfeeding awareness programs
TBB BUREAU LANJIGARH, AUG 11, 2021 The Lanjigarh Unit of Vedanta Limited observed the World Breastfeeding Week to sensitize pregnant women and lactating mothers on the importance of breastfeeding for children’s nutrition and overall development. A series of programs were conducted across seven gram panchayats around Vedanta’s Alumina Refinery in Lanjigarh, with nearly 250 women attending the awareness sessions. Medical ...
Read More »Utkal Alumina gets Indian Green Manufacturing Challenge Award
TBB BUREAU TIKIRI/BHUBANESWAR, AUG 11, 2021 Adding one more feather to its cap, Utkal Alumina International Limited (UAIL), a subsidiary of Hindalco Industries Limited, has bagged the IGMC (Indian Green Manufacturing Challenge) Award for its outstanding contribution to green manufacturing and in line with the efforts of leading Indian economy towards a sustainable one. In the special virtual telecast of ...
Read More »Senco Gold launches specially designed rakhis for Raksha Bandhan
TBB BUREAU KOLKATA, AUG 11, 2021 Senco Gold & Diamonds, one of India’s largest jewellery retail chains, has launched a special jewellery collection to celebrate the bond and affection between brothers and sisters this Raksha Bandhan. To cherish this special moment of love with blessings, good wishes and token of affection, the jeweller has unveiled a range of specially designed ...
Read More »Union Mines Minister Joshi urges NALCO to promote handloom
TBB BUREAU BHUBANESWAR, AUG 10, 2021 Union Minister for Mines, Coal and Parliamentary Affairs Pralhad Joshi on Tuesday urged state-owned National Aluminium Company Ltd. (NALCO) to promote handloom by providing hand woven fabrics worth Rs 7,500 to each employee to commemorate the 75th year of the country’s Independence. The minister was speaking with team NALCO virtually and congratulated the Navaratna ...
Read More »OMCs in Odisha observe World Biofuel Day
TBB BUREAU BHUBANESWAR, AUG 10, 2021 The oil marketing companies (OMCs) in Odisha observed World Biofuel Day in virtual mode today. IndianOil Chief General Manager and State Head Subhajit Ghosh, who is also the State Level Coordinator (Oil Marketing Companies) Odisha, presided over the meeting. In his keynote address, he emphasized on the benefits of green fuels. Speaking about the ...
Read More »Reliance New Energy Solar Ltd to invest in Ambri Inc
TBB BUREAU MUMBAI, AUG 10, 2021 Reliance New Energy Solar Ltd (RNESL), a wholly owned subsidiary of Reliance Industries Ltd (RIL), along with strategic investors Paulson & Co. Inc. and Bill Gates, and a few other investors, has announced an investment of USD 144 million in Ambri Inc, an energy storage company based in Massachusetts, USA. The investment will help ...
Read More »Central Bank of India introduces ‘Missed Call’ facility for loans, deposits
TBB BUREAU MUMBAI, AUG 9, 2021 The Central Bank of India on Monday launched a ‘missed call’ facility for hassle free loan, deposit and other banking services for its customers, to mark the 140th birth anniversary of its Founder Sir Sorabji Pochkhanawala at its Mumbai Main Office, the heritage building of the Bank. (L to R ) M V Rao ...
Read More »Vidya Krishnan takes over as CGM of SBI Bhubaneswar Circle
TBB BUREAU BHUBANESWAR, AUG 9, 2021 Vidya Krishnan has taken over as the Chief General Manager (CGM) of the Bhubaneswar Circle of State Bank of India on Monday. Vidya Krishnan She has replaced Ruma Dey as the CGM who has been transferred to the Kolkata Circle of the SBI. Before assuming her new charge, Krishnan was Chief General ...
Read More »With over 2 crore merchants and 33 crore users, Paytm becomes integral part of Indian family life
TBB BUREAU DELHI, AUG 9, 2021 India’s leading financial services platform Paytm on Monday announced that it has created a vast digital financial payments infrastructure in the country and empowered over 2 crore merchants as well as 33 crore users. The company has over the years enabled millions of households with digital payments. Paytm has been instrumental in ushering in ...
Read More »Log 9 Materials raises $8.5 million in Series A+ funding led by Amara Raja Batteries
TBB BUREAU BHUBANESWAR, AUG 9, 2021 Log 9 Materials, a Bengaluru-headquartered advanced battery-tech and deep-tech start-up, on Monday announced an equity partnership and collaboration with Amara Raja Batteries (ARBL), a battery technology leader and one of India’s largest manufacturers of industrial and automotive batteries. Notably, Log 9 has raised an investment of $5 million from Amara Raja Batteries during ...
Read More »Vehicle retail sales rises YoY, sequentially in July: FADA
TBB BUREAU NEW DELHI, AUG 9, 2021 Low base along with rising demand pushed India’s overall vehicle retail sales on both sequential and year-on-year basis in July 2021. Accordingly, the data released by the Federation of Automobile Dealers Associations (FADA) showed a rise of 34.12 per cent during the month under review from the level of July 2020. The vehicle ...
Read More »JSPL accepts revised bidding offer from Worldone for stake sale in JPL
TBB BUREAU MUMBAI, AUG 8, 2021 Jindal Steel & Power Limited (JSPL)’s board has accepted the revised binding offer from Worldone Private Limited, to divest its 96.42 per cent stake in Jindal Power Ltd (JPL). JPL is a material subsidiary of Jindal Steel and Power Limited (JSPL). Key features of the revised offer are that Worldone will buy out all ...
Read More »Go First announces free travel for all Indian Olympic medal winners
TBB BUREAU MUMBAI, AUG 8, 2021 Go First on Sunday offered free travel to all six Indian athletes and the men’s hockey team who won medals at the Tokyo Olympics. Go First, previously known as GoAir, stated it would give free tickets to them for the next five years. Regional carrier Star Air, which connects 13 cities ...
Read More »Flipkart, IIM Sambalpur join hands to support small businesses and artisans
TBB BUREAU SAMBALPUR, AUG 07, 2021 India’s home-grown e-commerce marketplace Flipkart, and Indian Institute of Management (IIM) Sambalpur on Saturday announced a partnership to support and promote small businesses, artisans and weavers by leveraging technology, e-commerce platform and market insights. An MoU to cement this partnership will be signed in the next few weeks. Through this partnership, announced on National ...
Read More »Vedanta Aluminium scores a hat-trick at SEEM Awards
TBB BUREAU NEW DELHI, AUG 6, 2021 Vedanta Aluminium Business, India’s largest producer of aluminium and value-added products, has bagged three ‘Gold Awards at the SEEM National Energy Management Awards (SNEMA) 2020 for excellence in energy management at its Aluminium Smelters I and II and the 1,215 MW captive power plant at Jharsuguda in Odisha. Vedanta Jharsuguda’s 1,215 MW captive ...
Read More »Reliance Jewels launches #RishtonKaDhaga campaign for ‘Aabhar’ collection on 14th anniversary
TBB BUREAU BHUBANESWAR, AUG 6, 2021 Reliance Jewels has launched an extension to its already ongoing exclusive jewellery collection, “Aabhar”, to celebrate its 14th anniversary. With the launch of this collection, Reliance Jewels extends its gratitude with the theme #RishtonKaDhaga that binds them to their customers, employees and artisans. Each year, the Aabhar collection features a distinct theme. This year, ...
Read More »NALCO’s Q1FY22 profit soars to Rs 348 crore
TBB BUREAU BHUBANESWAR, AUG 6, 2021 National Aluminium Company Limited (NALCO) on Friday reported a significant rise in consolidated profit at Rs 347.73 crore for the quarter ended on June 30, 2021. The company had reported a consolidated profit of Rs 16.63 crore in the year-ago period. Beating market expectations, amidst a challenging business environment, the company has demonstrated robust ...
Read More »Latest TVC for Asian Paints featuring Deepika Padukone throws spotlight on Royale Glitz
TBB BUREAU MUMBAI, AUG 6, 2021 All that glitters may not be gold, but it sure does grab attention. Asian Paints, India’s largest paint and decor company, has launched a new luxury paint offering, Royale Glitz – a luxurious interior wall paint that is certain to up the glam quotient of your home. The luxury with Teflon Surface Protector in ...
Read More »Over 40K employees, business partners given first dose of Covid vaccine so far: AM/NS India
TBB BUREAU BHUBANESWAR, AUG 5, 2021 ArcelorMittal Nippon Steel India (AM/NS India) has so far vaccinated as many as 40,000 people comprising the company’s workforce, their family members and business associates with the first dose of Covid vaccine. AM/NS India privately procured Covishield vaccine from the Serum Institute of India administered the jabs to eligible candidates at its vaccination centres, ...
Read More »Rourkela Steel Plant clocks best ever monthly Crude Steel Production in July’21
TBB BUREAU ROURKELA, AUG 5, 2021 Rourkela Steel Plant (RSP), a unit of Maharatna Steel Company SAIL, registered its best ever monthly crude steel production in July, 2021. RSP produced 3,63,095 tonnes of crude steel in the said month, thereby improving its earlier best record of 3,62,319 tonnes achieved in December, 2020. Moreover, crude steel production also went up ...
Read More »UAIL’s ‘Project Sugandha’ puts smile on farmers’ faces in Rayagada
TBB BUREAU TIKIRI/BHUBANESWAR, AUG 5, 2021 The transition of subsistence farming to commercial cultivation for small and marginal farmers in and around Tikiri in Rayagada District, has now become a reality, with Utkal Alumina International Limited (UAIL) driving the change from the front through its initiative “Project Sugandha”. The journey by the subsidiary of Hindalco Industries of the Aditya Birla ...
Read More »World Bank signs $250-million project to make existing dams safe and resilient across India
TBB BUREAU NEW DELHI, AUGUST 5, 2021 The Government of India, the Central Water Commission, government representatives from 10 participating states and the World Bank have signed a $250 million project, to support the Government of India’s long-term dam safety program and improve the safety and performance of existing dams across various states of India. The Second Dam Rehabilitation and ...
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