TBB BUREAU NEW DELHI, JULY 2, 2021 Vedanta Aluminium, India’s largest producer of aluminium and its value-added products, has launched the ‘#GreenHearts’ campaign, encouraging all to plant a sapling in solidarity with the Covid warriors and all who have been affected by the pandemic during the Van Mahotsav week. Van Mahotsav is an annual celebration of plantation of trees observed ...

TBB BUREAU BHUBANESWAR, JULY 2, 2021 The National Bank for Agriculture and Rural Development (NABARD) has sanctioned Rs.388 crore to the Odisha Government under Rural Infrastructure Development Fund (RIDF) for setting up of four Mega Piped Drinking Water Supply Projects in the State. The sanctioned amount would also be used for construction or up-gradation of 20 village roads across 15 ...

TBB BUREAU BHUBANESWAR, JULY 2, 2021 The Aditya Birla Group company Aditya Aluminium has set up a modern eye care centre – Vision Centre – at Rengali to add to the eye care facility in the Sambalpur district. Regrettably, eye care has never been a priority area among the marginalized communities, and hence it’s neglected. To address this issue, Aditya ...

TBB BUREAU NEW DELHI/MUMBAI, JULY 1, 2021 Anil Agarwal-led Vedanta Group on Thursday announced a Rs 5,000 crore social impact programme with focus on nutrition, women and child development, healthcare, animal welfare and grass root level sports, including investments in a Corona-free village project across several states to combat the pandemic. The first of its kind social impact programme will ...

TBB BUREAU JHARSUGUDA, JULY 1, 2021 The Jharsuguda Unit of Vedanta Limited organised COVID vaccination camps at Maa Samaleshwari Nagar and a school for specially-abled children here, vaccinating over 200 people in the process. This month, Vedanta also conducted a mega vaccination camp across its operations, under the Vedanta Cares COVID Vaccination Drive to cover all employees, business partners and ...

TBB BUREAU BHUBANESWAR, JULY 1, 2021 The State Bank of India (SBI), Bhubaneswar Circle celebrated 66th Bank Day across the State on Thursday. On this occasion, all offices/branches of the SBI participated in plantation of trees, felicitation of doctors, and donation of dry foods to the needy. SBI Bhubaneswar Circle also donated dry ration to Sree Sree Maa Anand Ashram, ...

TBB BUREAU BHUBANESWAR, JULY 1, 2021 Partha Mazumder has taken over as the Regional Executive Director of the Coal Mining Division of NTPC on June 30, 2021 He will look after all the coal mining projects located in Jharkhand, Odisha and Chhattisgarh and Coal Mining HQ at Ranchi. In his illustrious career spanning about 36 years, Mazumder has served NTPC, ...

TBB BUREAU MUMBAI, JULY 1, 2021 ICICI Bank on Thursday announced the launch of the country’s most comprehensive banking solutions for medical doctors. Called ‘Salute Doctors’, it provides customized banking as well as value-added services for every doctor, beginning from a medical student to a senior medical consultant to an owner of a hospital or a clinic.  “Today on National ...

TBB BUREAU MUMBAI, JULY 1, 2021 Larsen and Toubro (L&T), Indian multinational engaged in Engineering, Procurement and Construction (EPC) projects, hi-tech manufacturing and services, on Thursday said that its construction arm has secured ‘significant’ orders for various businesses. Without divulging the value of the contracts, L&T said the orders fall under the significant category, which ranges between Rs 1,000 crore ...

TBB BUREAU BHUBANESWAR, JULY 1, 2021 TP Central Odisha Distribution Ltd. (TPCODL), a joint venture between Tata Power and the Government of Odisha, since its takeover, has been constantly focusing on providing reliable, affordable and quality power supply for improving customer experience, backed by innovative technology. TPCODL operational area has approximately 80 percent of its networks passing through rural areas ...

TBB BUREAU Bhubaneswar, June 30, 2021 In line with the decadal theme of Ecosystem Restoration as declared by the United Nations, Tata Steel has celebrated the month of June as ‘Sustainability Month’. At Tata Steel, the philosophy of its operations is deep-rooted in the principles of zero harm, resource efficiency, circular economy, minimising ecological footprint and care for the community ...

TBB BUREAU NEW DELHI, JUNE 30, 2021 The central government has extended for another one year the tenure of Amitabh Kant, the Chief Executive Officer (CEO) of National Institution for Transforming India (NITI Aayog) till June 2022 This is the third extension since Kant took charge of the NITI Aayog in 2016. The Appointments Committee of the Cabinet (ACC), chaired ...

TBB BUREAU SAMBALPUR, JUNE 30, 2021 In a new CSR initiative, Mahanadi Coalfields Ltd. (MCL) is extending financial support to the tune of Rs. 3.65 crore to the Balangir district administration under project ‘PRAGATI’ for improving health and education infrastructure of the district. An MoU to this effect was signed by Chanchal Rana, Collector & DM, Balangir and PK Chakraborty, ...

TBB BUREAU BHUBANESWAR, JUNE 30, 2021 AJIO, India’s leading online fashion e-retailer, known for its on-trend, freshest styles and high-on fashion aesthetic is all set to give you unbeatable reasons to shop with their Big Bold Sale from 1st to 5th July 2021. True its name, the AJIO Big Bold Sale is fashion’s biggest and boldest sale to date with ...

TBB BUREAU NEW DELHI, JUNE 30, 2021 The World Bank Board of Executive Directors has approved a $500 million program to support India’s large informal workforce and create greater flexibility for states to cope with the ongoing pandemic, future climate, and disaster shocks.  Creating a Coordinated and Responsive Indian Social Protection System (CCRISP) builds on the $1.15 billion Accelerating India’s ...

TBB BUREAU BHUBANESWAR, JUNE 29, 2021 The latest Randstad Employer Brand Research (REBR) 2021 was announced today where Tata Steel ranked amongst the top 5 most attractive employer brands in India for 2021. The list is announced on the basis of financial health, strong reputation, and attractive salary and benefits parameters. The research captures the views of over 1,90,000 respondents ...

TBB BUREAU BHUBANESWAR, JUNE 29, 2021 Vedanta Aluminium, India’s largest producer of aluminium and its value-added products, has dedicated a second COVID facility to the people of Odisha, developed at Eklavya Model Residential School, in Deogarh. With the new COVID facility at Deogarh, and a similar one at Kalahandi, Vedanta has added 300 critical care beds to bolster Odisha’s medical ...

TBB BUREAU BHUBANESWAR, JUNE 29, 2021 In the last few months, TPCODL has faced a few challenges like Cyclone ‘YAAS’, regular Nor’westers, second wave of Covid-19 pandemic etc., but it’s focus on uninterrupted power supply has been undeterred. In its bid to prevent breakdown/forced outages and reduce inconvenience to its customers, it has been working on condition based maintenance, which ...

TBB BUREAU NEW DELHI, JUNE 29, 2021                   Union Minister of State for Ports, Shipping and Waterways, Mansukh Mandaviya, on Tuesday inaugurated loading operation on the maiden voyage of coastal shipping service from Cochin port to Beypore and Azhikkhal ports.           The service is part of steps by the Ports, Shipping and Waterways Ministry to build greater synergies between major ...

TBB BUREAU NEW DELHI, JUNE 29, 2021           In a bid to reduce carbon footprint in its operational area, Coal India Ltd. (CIL) has put special thrust on energy efficiency measures and is forging ahead with a series of measures to offset carbon emission in mining operation in all its coal producing companies. Apart from taking immediate action for efficient ...

TBB BUREAU MUMBAI, JUNE 29, 2021 India’s third-largest private sector bank Axis Bank has selected Amazon Web Services (AWS) to accelerate its digital transformation programme. “As part of a multi-year agreement, Axis Bank will draw on the breadth and depth of AWS services, including containers, database, and compute, to build a portfolio of new digital financial services to bring advanced ...

TBB BUREAU MUMBAI, JUNE 28, 2021 Auto maker Skoda Auto India on Monday launched the SUV Kushaq with a starting price of Rs 10.49 lakh. The new SUV is powered by the globally acclaimed TSI technology with two engine options — 1.0L and 1.5L TSI — delivering 115 PS and 150 PS, respectively, the company said in a statement. The ...

TBB BUREAU NEW DELHI, JUNE 28, 2021 Vedanta Limited, India’s leading producer of metals and oil & gas, has rolled out an attractive promotional scheme ‘Vedanta Saathi’ for Micro, Small and Medium Enterprises (MSMEs) in the manufacturing industry in celebration of the World MSME Week. Under the company’s Vedanta Saathi programme, MSMEs can avail a discount of Rs 500 per ...

TBB BUREAU SAMBALPUR, JUNE 28, 2021 IIM Sambalpur concluded yet another successful academic year with the 4th (2018-2020) and 5th (2019-2021) annual convocation in the virtual mode. A total of 187 students were felicitated in the convocation with the 5th Batch having highest gender diversity across all IIMs with 46 female students in a batch strength of 95. The convocation ...

TBB BUREAU BHUBANESWAR, JUNE 28, 2021        Aluminium major NALCO on Monday said that its net profit recorded a nine-fold jump to Rs.1299.56 crore for the financial year 2020-21. The state-run firm had clocked a net profit of Rs Rs.138.23 crore in the year-ago period. “National Aluminium Company Limited (NALCO) has posted an impressive net turnover and net profit of ...

TBB BUREAU BHUBANESWAR, JUNE 28, 2021 Holcim Group’s India companies – Ambuja Cements Ltd & ACC Ltd — expects to consolidate its leadership in the Indian cement sector by further investing in Industry 4.0 under its ‘Plants of Tomorrow’ programme. This transformative programme, which aims to make cement manufacturing more efficient through better plant optimization, higher plant availability and a ...

TBB BUREAU NEW DELHI, JUNE 28 In a bid to encourage travel activities and to provide relief to the tourism industry, which is among the worst affected sectors by the Covid-19 pandemic, the Union government on Monday announced that it would offer tourist visa free of charge till March 31, 2022. The financial implication of the move is expected in ...

TBB BUREAU BHUBANESWAR, JUNE 28, 2021 Talcher Fertilizers Ltd. (TFL) has successfully concluded the financial closure of its mega coal gasification based urea project located at Talcher in Angul district of Odisha. TFL is a Joint Venture of GAIL (India) Ltd (GAIL), Rashtriya Chemicals & Fertilizers Ltd (RCF), Coal India Ltd (CIL) and Fertilizers Corporation of India Ltd (FCIL). Informing ...

TBB BUREAU BHUBANESWAR, JUNE 28, 2021 Skechers, the global lifestyle and performance footwear brand headquartered in the United States, is expanding its #OriginalsKeepMoving campaign with its new collection featuring actress Ananya Panday. The campaign will include the launch of Skechers Energy Racer in India and the popular Skechers D’Lites for women as well as men. “Together with Ananya, we’re excited ...

TBB BUREAU ANGUL, JUNE 22, 2021 Continuing its fight against COVID-19, Jindal Steel & Power Ltd (JSPL) has launched the vaccination drive at its Angul steel making facilities. The vaccination drive would cover the company’s employees and the entire workforce along with their families. Pursuing the vision of its founder OP Jindal to serve the society in a holistic way ...

TBB BUREAU BHUBANESWAR, JUNE 22, 2021 India’s import of bauxite, a raw material used for manufacturing aluminium, has caused a foreign exchange (forex) loss to the tune of Rs 390 crore during the April-June quarter of 2021, according to the data released by the Indian Industrial Value Chain Collective, today. The Indian Industrial Value Chain Collective (IIVCC) represents organizations involved ...

TBB BUREAU NEW DELHI, JUNE 22, 2021 The Ministry of Coal on Tuesday announced revision in the timeline of the second tranche of auctions for commercial mining. In a statement, the Ministry stated that in continuation to the Notice Inviting Tender dated March 25, 2021, the last date for registration of bidder and sale of tender documents on MSTC website, ...

TBB BUREAU BHUBANESWAR, JUNE 22, 2021 An Automated Ticket verification and Management Access (ATMA) system has been set up at the Bhubaneswar railway station for the safety of passengers and railway authorities. The ATMA system is an information technology (IT) system that helps in effectively monitoring the temperature of passengers and to check tickets from a safe distance by staff ...

TBB BUREAU KANIHA, JUNE 22, 2021 NTPC Talcher Kaniha Chief General Manager Sudip Nag has been elevated to the post of Executive Director, Talcher Kaniha with effect from June 19, 2021. A graduate in Mechanical Engineering from NIT Durgapur, Nag joined NTPC Ltd as an Executive Trainee in the year 1987. Sudip Nag Starting his career in NTPC Farakka, Nag ...

TBB BUREAU NEW DELHI, JUNE 21, 2021 India’s overall exports of cereals have seen a sharp spike in 2020-21 with export of non-basmati rice growing by 136.04% to USD 4794.54 million; wheat by 774.17% to USD 549.16 million; and other cereals (Millets, Maize and other coarse gains) by 238.28% to USD 694.14 million. The sharp spike in exports of mainly ...

TBB BUREAU NEW DELHI, JUNE 21, 2021            The country’s largest automobile maker Maruti Suzuki India (MSI) on Monday said it will hike prices of its cars in the second quarter (Q2) of the current fiscal due to increase in the input costs.             However, it did not reveal the quantum of the proposed price hike.            “Over the ...

TBB BUREAU GURUGRAM, JUNE 21, 2021 Samsung on Monday launched Galaxy M32 with segment-best 6.4-inch FHD+ Super AMOLED display and smooth 90Hz refresh rate in India that starts from Rs 14,999. Available in two colours – Black and Light Blue – Samsung Galaxy M32 is priced at Rs16,999 for the variant with 6GB RAM and 128 GB of internal storage. ...

TBB BUREAU MUMBAI/NEW DELHI, JUNE 21, 2021 Vedanta Group, India’s leading producer of metals, minerals and oil & gas today announced 23 start-ups as winners of the first edition of their unique ‘Vedanta SPARK’ initiative. The 23 winning start-ups are: Sparkcognition, Machinemax, Throughput, Promethean Energy, Dimension NXG, Infrrd, Zededa, MaximL, Tachyus, Neewee, SenseGiz, Guardhat, Prysmex, MicroSilicon, Detect Technologies, ExactSpace, Imaginate, ...

TBB BUREAU BHUBANESWAR, JUNE 19, 2021 Vedanta Aluminium Power and Business, India’s largest producer of aluminium and its value-added products, has dedicated a 200-bed state-of-the-art COVID Hospital to the people of Odisha, to support the state government in providing timely and proper care to the critically ailing patients. Odisha Chief Minister Naveen Patnaik on Saturday inaugurated Vedanta’s largest Covid hospital ...

TBB BUREAU NEW DELHI, JUNE 19, 2021 India’s Gross domestic product (GDP) is likely to grow by 8.7 per cent, down from 11.1 per cent expected earlier, according to a report published by Motilal Oswal Financial Services (MOFSL). “Due to the ferocious second Covid wave, we have revised down our real GDP growth forecasts. Compared with our Mar’21 forecast of ...

TBB BUREAU NEW DELHI, JUNE 19, 2021 NTPC, a Maharatna CPSU under Ministry of Power, has been recognised as a ‘Great Place to Work’ for the 15th year in a row by the Great Place to Work Institute. NTPC is the only PSU to consistently feature in India’s Top 50 Best Workplaces. This year, NTPC ranked 38th up from 47th ...

TBB BUREAU NEW DELHI, JUNE 18, 2021 Mukesh Amabni-owned Reliance Jio gained over 79 lakh mobile users in March, surpassing the combined net adds by rival telecom operators Bharti Airtel and Vodafone Idea during the month, according to data released by the Telecom Regulatory Authority of India (TRAI) on Friday. While Bharti Airtel added 40.5 lakh mobile users, Vodafone Idea ...

TBB BUREAU NEW DELHI, JUNE 17, 2021 The Union Bank of India on Thursday entered into an agreement with the National Small Industries Corporation Ltd (NSIC) to support MSMEs with credit requirements. The memorandum of understanding was signed by P K Das, FGM-Delhi on behalf of the Union Bank of India, and P R Kumar, CGM, NSIC, here today. Under ...

TBB BUREAU BHUBANESWAR, JUNE 17, 2021 State-run Odisha Mining Corporation (OMC) has contributed Rs 500 crore to the Chief Minister’s Relief Fund (CMRF) on Thursday for supporting the State government’s efforts to control the present COVID-19 situation. OMC Chairman Surendra Kumar handed over a cheque worth Rs 500 crore to State Chief Secretary Suresh Chandra Mahapatra at Lok Seva Bhawan ...

TBB BUREAU NEW DELHI, JUNE 17, 2021            The Union government has reduced the tariff value for import of edible oil, by up to USD 112 per tonne. changes in tariff value of edible oil are effective from Thursday (June 17).            This move is likely to bring down the domestic prices of edible oil, experts opine.            The ...

TBB BUREAU NEW DELHI, JUNE 17, 2021 Luxury carmaker Mercedes-Benz on Thursday launched the seventh generation of its flagship limousine, the S-Class, in India at a starting price of Rs 2.17 crore (ex-showroom). The new vehicle is launched in two variants – Diesel S 400d 4MATIC and Petrol S 450 4MATIC. Mercedes-Benz India Managing Director and CEO Martin Schwenk with ...

TBB BUREAU BHUBANESWAR/TIKIRI, JUNE 17      Utkal Alumina International Limited (UAIL), a unit of Hindalco Industries Limited, and Entrepreneurship Development Initiative of India (EDII) signed a memorandum of understanding (MoU) on Wednesday, to set up a Rural Business Incubation Centre ‘UDYAMEEE’ in Kashipur Block under Rayagada District.   The MoU was signed by Utkal Alumina Unit Head Mazhar Beig, and ...

TBB BUREAU BHUBANESWAR, JUNE 17, 2021 Wild Stone, from the house of McNROE Consumer Products Pvt Ltd, has expanded its body perfume spray range with the launch of five premium, intense world-class fragrances suited for every occasion – be it sultry summer heat, or casual outings, office setting, or perfect impactful party wear. With the introduction of the no gas ...

TBB BUREAU NEW DELHI, JUNE 17, 2021 Notwithstanding the Covid-19 pandemic, Khadi and Village Industries Commission (KVIC) has recorded its highest-ever turnover in the financial year 2020-21 (FY21). In FY21, KVIC registered a gross annual turnover of Rs. 95,741.74 crore as compared to Rs. 88,887 crore recorded in the previous fiscal, registering an increase of 7.71 percent. KVIC’s record performance ...

NEW YORK, JUNE 17           Microsoft has named Chief Executive Officer Satya Nadella as the company’s Chairman.            “In this role, Nadella will lead the work to set the agenda for the board, leveraging his deep understanding of the business to elevate the right strategic opportunities and identify key risks and mitigation approaches for the board’s review,” the company said ...