TBB BUREAU MUMBAI, AUG 5, 2021 In a concerted effort to contribute towards the creation of a robust electric vehicle (EV) ecosystem, Reliance BP Mobility Limited (RBML) and Swiggy on Thursday announced the commencement of trials that will increase the deployment of EVs in the delivery fleet of India’s largest food delivery platform. The partnership is aimed at promoting the ...

TBB BUREAU MUMBAI, AUG 05, 2021 Axis Bank, India’s third largest private sector bank, has crossed the milestone of over one million customers on its WhatsApp banking channel with total request count of 6 million till now. Axis Bank had launched banking services on WhatsApp in January 2021 and has since witnessed robust organic growth in its customer base for ...

TBB BUREAU NEW DELHI, AUGUST 4, 2021 AirAsia India, a joint venture between Tata Sons Limited and AirAsia Investment Limited, on Wednesday announced a Flash Sale on routes across India. Special sale fares are open for advance booking from 4th to 6th August for travel between 1st September 2021 and 26th March 2022. The sale fares are bookable across all ...

TBB BUREAU NEW DELHI, AUG 4, 2021            The country’s largest lender SBI on Wednesday posted a 55 per cent rise in standalone net profit at Rs 6,504 crore for the first quarter of the current financial year, helped by decline in bad loans.            The lender had reported a net profit of Rs 4,189.34 crore in the April-June ...

TBB BUREAU MUMBAI, AUG 4, 2021 As part of its commitment to lead the industry on circular economy, enhance its sustainability quotient and bolster the entire polyester and polymer value chain, Mukesh Ambani-owned Reliance Industries Ltd (RIL) will double its capacity to recycle plastic bottles after a third-party recycled polyester staple fibre (PSF) manufacturing facility is set up in Andhra ...

TBB BUREAU WEST BOKARO, AUGUST 4, 2021 Promoting diversity and inclusion as a way of life to ensure fair and equal opportunity for all employees, Tata Steel’s West Bokaro Division onboarded 16 women Heavy Earth Moving Machinery (HEMM) operators in all shifts at an event organised today under its flagship programme – Women@Mines. The occasion was graced by Atrayee Sarkar, ...

TBB BUREAU BHUBANESWAR, AUG 4, 2021              Showcasing resilience and ingenuity amid the ongoing pandemic, Modicare Limited, one of India’s leading direct selling companies, has witnessed a growth of 52 percent in sales in Odisha over the last one year. The company has clocked in revenue to the tune of over Rs 160 crore during the previous year in Odisha ...

TBB BUREAU MUMBAI, AUG 4, 2021  Suryoday Small Finance Bank (SSFB) has launched “Suryoday Health and Wellness Savings Account”, a premium savings account product, to ensure that customers’ wealth not only grows but they and their families are also taken care of on the health front in the backdrop of the COVID-19 pandemic. Besides offering an attractive interest rate, the ...

TBB BUREAU BHUBANESWAR, AUGUST 02, 2021  Reliance’s consumer brands division has announced the launch of Puric InstaSafe, an exclusive Personal Hygiene and Home Care brand. Puric InstaSafe presents a wide range of personal hygiene and home disinfectant products designed to address the heightened needs for hygiene and safety among consumers. Enriched with the goodness of natural ingredients like camphor, neem ...

TBB BUREAU MUMBAI, AUGUST 02, 2021 In a major outreach scheme to protect vulnerable communities, Reliance Foundation, the philanthropy arm of India’s most valuable company, will partner with Municipal Corporation of Greater Mumbai (MCGM) to provide three lakh COVID-19 vaccine doses to communities across 50 locations in the city. The free vaccination drive, through Sir H N Reliance Foundation Hospital, ...

TBB BUREAU BARBIL, AUG 02, 2021 JSPL Foundation, the social arm of Jindal Steel and Power Ltd (JSPL), recently organised a workshop for local farmers on adoption of sustainable, scientific and organic farming. The event was attended by more than 60 farmers of Deojhar and Kandra gram panchayats under Joda Block of Keonjhar district. During the day-long session, the attendees ...

TBB BUREAU NEW DELHI, AUGUST 02, 2021 Vedanta Aluminium Business, India’s largest producer of aluminium and value-added products, has become India’s largest green power purchaser on the Green Market at the Indian Energy Exchange Limited (IEX) platform in Q1FY22. For its largest integrated aluminium production facility at Jharsuguda, in Odisha, Vedanta procured 354 million units of solar and non-solar renewable ...

TBB BUREAU BHUBANESWAR, AUGUST 02, 2021 Odisha has registered 54 per cent growth in Goods and Services Tax (GST) collection in July as compared to the corresponding month of the previous year. Odisha collected GST worth Rs 3,615 crore in July this year as against Rs 2,348 crore collected in the corresponding month in the previous year. The state collected ...

TBB BUREAU MUMBAI, AUGUST 02, 2021 To safeguard the interest of its customers, country’s largest lender State Bank of India (SBI) has launched a new security feature — SIM Binding in YONO and YONO Lite. The new version of these platforms will protect customers from various digital frauds. With the SIM Binding feature, YONO and YONO Lite will work only ...

TBB BUREAU BHUBANESWAR, AUGUST 02, 2021  Indian Hotels Company (IHCL), South Asia’s largest hospitality company, has announced the opening of a Vivanta hotel in Bhubaneswar. The stylishly designed hotel reflects the pulse and culture of Odisha, the land of temples and historical wonders. The hotel also boasts of a contemporary design that pays tribute to the city’s vibrant spirit. Located in a developing ...

TBB BUREAU BHUBANESWAR, AUG 31, 2021 A high-level Australian delegation led by Australia’s High Commissioner to India Barry O’Farrell visited Navratna CPSE NALCO’s Corporate Office here today and discussed long-term business initiatives. During the visit, the delegation interacted with NALCO Chairman & Managing Director Sridhar Patra and members of NALCO’s management team. NALCO, the leading manufacturer and exporter of Alumina ...

TBB BUREAU NEW DELHI, AUG 31, 2021          Mukesh Ambani-owned Reliance Jio will be rolling out a new range of prepaid plans that come bundled with unrestricted access to all content on Disney+ Hotstar, starting from Rs 499, according to company sources.           Jio was earlier bundling Disney+ Hotstar VIP subscription (access to live sports, Hotstar specials, movies and TV ...

TBB BUREAU NEW DELHI, JULY 31, 2021 State-owned power giant NTPC Ltd. on Saturday posted a nearly 17 per cent rise in consolidated net profit to Rs 3,443.72 crore for the first quarter (Q1) of the current financial year (FY2021-22) on the back of higher revenues. The consolidated net profit of the company in the corresponding quarter in the previous ...

TBB BUREAU BHUBAESWAR, JULY 31, 2021 Big Bazaar, India’s leading hypermarket chain, yet again comes to give maximum value to its customers. For the first time ever in the history of Indian retail, they can pre-book the Maha Bachat offer of Atta, Dal and Rice free. The pre-booking can be done at any Big Bazaar store or online on the ...

TBB BUREAU MUMBAI, JULY 31, 2021 In a bid to help revive the consumer sentiments, the country’s largest lender State Bank of India (SBI) on Saturday announced waiving processing fee on home loans till end of August 2021. Currently, the processing fee on home loans is 0.40 per cent. SBI said it is the bank’s limited period ‘Monsoon Dhamaka Offer’, ...

TBB BUREAU MUMBAI, JULY 31 Sunteck Realty Ltd has reported a consolidated net profit of Rs 3.02 crore for the quarter ended June 2021. The Mumbai-based developer had posted a net loss of Rs 3.08 crore in the year-ago period. Total income rose to Rs 96.11 crore in the first quarter of this fiscal year from Rs 63.20 crore in ...

TBB BUREAU BHUBANESWAR, JULY 30, 2021 Marching ahead as the most preferred digital service provider in Odisha, Reliance Jio added highest number of new mobile subscribers in the state in May 2021 while competitors like Airtel and Vodafone Idea lost thousands of subscribers during the same period, revealed the latest telecom subscriber data released by TRAI. As per latest the ...

TBB BUREAU KOLKATA/BHUBANESWAR, JULY 30, 2021 Bandhan Bank continued to witness business growth in the first quarter of financial year 2021-22, despite the challenging economic situation. The Bank’s total business (deposits and advances) grew 17% year-on-year to reach Rs.1.57 lakh crore as on June 30, 2021. During the first quarter of the current financial year, the Bank’s deposit book grew ...

TBB BUREAU BHUBANESWAR, JULY 30, 2021 The 102nd meeting of the State Level Single Window Clearance Authority (SLSWCA) of Odisha Government held today under the chairmanship of Chief Secretary Suresh Chandra Mahapatra, approved 7 industrial projects including 3 grain-based Ethanol plants to the tune of Rs. 2083.88 crore. Other projects belong to the Renewable Energy, Logistic and Tourism sectors. These ...

TBB BUREAU BHUBANESWAR, JULY 30, 2021 Tata Power Central Odisha Distribution Limited (TPCODL) on Thursday organised a blood donation camp in association with the Red Cross Society, to commemorate the 117th Birth Anniversary of the former chairman Tata Group, JRD Tata The noble initiative received an overwhelming response as around 100 units of blood was donated by employees including senior ...

TBB BUREAU NEW DELHI, JULY 29, 2021 “Odisha will indeed be one of the major contributors to Atma Nirbharta in mineral-based industries,” said Jindal Steel & Power Ltd (JSPL) Chairman Naveen Jindal, while addressing the Odisha Mining Summit organised by Minerals and Metals Committee of PHDCCI in virtual mode today. Jindal, who is also the Co-Chairman of the Minerals & ...

TBB BUREAU BHUBANESWAR, JULY 29, 2021 ArcelorMittal Nippon Steel Inia on Thursday signed a Memorandum of Understanding (MoU) with an industrial training institute in Odisha’s Keonjhar district to collaborate for skill development, advance training and improved employability-related support.           AM/NS India made this tie-up with the Barbil Government ITI under its corporate social responsibility’s skill development programme, the company said ...

TBB BUREAU BHUBANESWAR, JULY 29, 2021 SBI Life Insurance, one of the leading life insurers in the country, has registered a New Business Premium of Rs. 3,345 crore for the quarter ended on June 30, 2021 compared to Rs. 3,059 crore registered in the corresponding period of the previous fiscal. Regular premium also increased by 29 percent over the corresponding ...

TBB BUREAU MUMBAI, JULY 29, 2021 State-run Central Bank of India posted a 53 per cent jump year-on-year in its net profit to Rs 206 crore in the April-June quarter of this fiscal. The bank had reported a net profit of Rs 135 crore in April-June 2020. It had reported a loss of Rs 1,349 crore in the preceding quarter ...

TBB BUREAU BHUBANESWAR, JULY 28, 2021 National Bank for Agriculture and Rural Development (NABARD) has sanctioned Rs.356 crore to the Odisha Government under Rural Infrastructure Development Fund (RIDF) for construction of 35 bridge projects covering 17 districts in the State. These bridge projects are intended to provide improvement in rural connectivity to 11.06 lakh people in 1,324 villages. During the ...

TBB BUREAU PUNE, JULY 27, 2021 Emcure Pharmaceuticals Ltd continues to strengthen its leadership with appointment of distinguished professionals to its board of directors. The company has recently added four independent directors with a wealth of knowledge and experience in various fields. The new additions include Dr. Shailesh Ayyangar, Vijay Gokhale, Hitesh Jain and Dr. Vidya Yeravdekar. Earlier this year, ...

TBB BUREAU BHUBANESWAR, JULY 28, 2021 DSP Investment Managers has announced a unique Old Fund Offering (OFO) of the DSP Flexi Cap Fund to remind investors of a ready and proven portfolio that has been through various market cycles over 24 years. The OFO highlights DSP Flexi Cap Fund’s ability and flexibility to allocate across market capitalizations, its strong investment ...

TBB BUREAU TALCHER, JULY 27, 2021 For the first time in the history of Mahanadi Coalfields Limited (MCL) in Odisha, a village Bhalugadia at Talcher in Angul district of Odisha has handed over its resources without any obstruction and in one go to facilitate coal mining operations. Bhalugadia village, spread over around 17 hectares of coal bearing land in Talcher ...

TBB BUREAU MUMBAI, JULY 26, 2021           Boosting the nation’s COVID-19 vaccination drive, Reliance Foundation has crossed a milestone over 10 lakh vaccine doses administered across India. The initiative, Mission Vaccine Suraksha, launched in April by Reliance Foundation, is a mark of commitment to protect the larger community of employees, associates, partners and the general population with free vaccinations. Till ...

TBB BUREAU BHUBANESWAR, JULY 26, 2021 Tata Power Central Odisha Distribution Ltd. (TPCODL) has always aimed at offering its customers an easy access to a gamut of services and committed to create customer delight. As a customer centric organisation it has always aimed at offering utmost convenience for all its populace under the licensed area. In its quest to enhance ...

TBB BUREAU NEW DELHI, JULY 24, 2021 Budget airline Go First, formerly known as GoAir, has operated the first ever night flight from Jammu to Delhi. The flight ‘G8 196’ – took off at 8 PM on Friday and was operated on Airbus A320neo. The inaugural night flight was flagged off by Lieutenant Governor of Jammu & Kashmir Manoj Sinha ...

TBB BUREAU BHUBANESWAR, JULY 24, 2021 A top mining and metal professional with a successful track record of performance in coal, steel and aluminium sector, Dr. Tapan Kumar Chand has been appointed as the Resident Director of Vedanta Limited for Odisha and Chhattisgarh.        The former CMD of NALCO and presently serving as the Independent Director of BALCO, Dr. Chand ...

TBB BUREAU MUMBAI, JULY 23, 2021            Reliance Jio on Friday reported a 44.9 per cent jump in its net profit to Rs 3,651 crore for the first quarter (Q1 of FY2021-22) ended June 30, 2021, according to a company statement. The company had posted a net profit of Rs 2,519 crore during the corresponding period in the previous fiscal. ...

TBB BUREAU MUMBAI, JULY 23, 2021 Mukesh Ambani-owned Reliance Industries Ltd (RIL) on Friday reported a 66.7 per cent growth in its year-on-year consolidated net profit for the quarter ended June 30, 2021 (Q1FY22) at Rs 13,806 crore. In a regulatory filing, RIL said that Rs 12,273 crore is the net profit attributable to the owners of the company. The ...

TBB BUREAU KALINGANAGAR, JULY 23, 2021 Tata Steel Kalinganagar, the state-of-the-art steel plant located in Jajpur District of Odisha, has introduced a new robotic system for its Wagon Tippler operation. The tippling operations at the Raw-material Handling System of the steel plant, involves critical activities like decoupling, coupling, rotation and CBC alignment of wagon through manual intervention at inhaul and ...

TBB BUREAU JHARSUGUDA/MUMBAI, JULY 23, 2021 Runaya, one of India’s fastest growing manufacturing start-ups, on Friday announced the inauguration of its aluminium dross processing and refining unit, the first such facility in India, at Jharsuguda in Odisha. The facility provides end-to-end green and sustainable solution for recovery of aluminium from dross and processing residual waste to manufacture steel slag conditioners. ...

TBB BUREAU DARLIPALI, JULY 23, 2021 The National Thermal Power Corporation (NTPC) Ltd, India’s largest integrated energy company, on Friday achieved yet another landmark as it’s installed capacity touched 66875 MW after the second Unit of 800 MW capacity (2×800 MW) at NTPC Darlipali in Sundergarh District of Odisha successfully completed its trial operation. With this completion, the total installed ...

TBB BUREAU BHUBANESWAR, JULY 22, 2021 Ducati on Thursday announced the launch of its adventure tourer, the all-new Multistrada V4 and V4 S, priced at Rs.18.99 lakh and Rs. 23.10 lakh, respectively (ex-Showroom pan India). The Multistrada V4 is an all-new motorcycle from the ground up that will headline Ducati’s family of adventure tourer bikes in both capability and technology ...

TBB BUREAU MUMBAI, JULY 22, 2021 Stressed steel plants, acquired under the Insolvency and Bankruptcy Code (IBC) resolution process are seeing faster returns. Despite pandemic-linked blips, domestic demand outlook remains strong which has helped acquirers ramp up utilisation levels. The ongoing steel upcycle will also mean stronger-than-expected realisations over the medium term. Consequently, acquirers may see 20% faster payback2 and ...

TBB BUREAU MUMBAI/BHUBANESWAR, JULY 22, 2021 German luxury car maker Audi on Thursday made a giant leap in its journey of electric mobility with the launch of three all-electric SUVs in India under its e-tron range with prices starting from Rs 99.99 lakh. The three all-electric SUVs — e-tron 50, e-tron 55 and e-tron Sportback 55 — are priced at ...

TBB BUREAU BHUBANESWAR, JULY 20, 2021 Nippon Life India Asset Management (NAM India), asset manager of Nippon India Mutual Fund (NIMF), on Tuesday announced the launch of Nippon India Flexi Cap Fund, an open-ended dynamic equity scheme aimed at capturing the opportunities across Market Caps. “Nippon India Flexi Cap Fund seeks to create long-term capital appreciation by investing in a ...

TBB BUREAU JODA, JULY 20, 2021 In line with its commitment towards environmental sustainability, the Manganese Group of Mines, Bichakundi of Tata Steel’s Ferro Alloys & Manganese Division (FAMD) has set up a 400 KLD (kilolitres per day) Water Treatment Plant at Bichakundi under Joda Block of Keonjhar district in Odisha. The facility was inaugurated on July 19, 2021 by ...

TBB BUREAU BHUBANESWAR, JULY 20, 2021 Odisha Governor Prof. Ganeshi Lal on Tuesday urged the National Bank for Agriculture and Rural Development (NABARD) to increase its efforts, especially towards new age skill development initiatives providing employment to the rural youth. The Governor, who graced the 40th Foundation Day celebration function of NABARD as chief guest, appreciated NABARD for its consistent ...

TBB BUREAU MUMBAI, JULY 20, 2021 Godrej & Boyce, the flagship company of the Godrej Group, on Tuesday announced its foray into the dishwashers market with its new range of Godrej Eon Dishwashers, and is eyeing 15 per cent market share by the end of this financial year (FY2021-22) in this segment. “The pandemic has upped stress level of consumers ...

TBB BUREAU MUMBAI, JULY 19, 2021 nurture.farm, a digital platform for growers, farming communities and food systems, is scaling and expanding its global reach as a part of the OpenAg network. The OpenAg network was conceived by UPL Ltd, a world leader in sustainable agriculture. The nurture.farm platform fosters resilient farmers, making agriculture simple, profitable and sustainable for generations to ...