TBB BUREAU ANGUL, JUNE 1, 2021 Union Minister Petroleum & Natural Gas and Steel Minister Dharmendra Pradhan on Tuesday dedicated a 270-bed COVID Care Centre at Jindal Steel & Power Ltd (JSPL) Plant Angul, in presence of Odisha Health & Family Welfare Minister Naba Kisore Das and JSPL Chairman Naveen Jindal. Sambalpur MP Nitesh Ganga Deb, Chhendipada MLA Susanta Kumar ...

TBB BUREAU NEW DELHI, MAY 31, 2021 Following the recommendations of the GST Council, the Centre has extended the deadline to file GST returns for May by 15 days till June 26. The GST Council, in its 43rd meeting on May 28, had decided to extend certain compliance relaxations on account of Covid-19. The Central Board of Indirect Taxes and ...

TBB BUREAU BHUBANESWAR, MAY 31, 2021 In a major step towards ensuring fully logistic support to the Odisha Government, Orissa Stevedores Limited (OSL) carried out the Customs and Airport clearances of a special cargo flight carrying the consignment of 1300 medical grade oxygen cylinders as well as other medical consumables which were airlifted from China and landed at Biju Patnaik ...

TBB BUREAU NEW DELHI, MAY 31, 2021 Delivering on its commitment to ensure the health and well-being of its people, Vedanta has launched a mega vaccination drive across its locations to cover all employees, their families and business partners. The company has received 50,000 doses of the vaccine and employees and family members are being inoculated across business units. Vedanta ...

TBB BUREAU BHUBANESWAR, MAY 31, 2021 Tata Steel Managing Director and CEO T.V. Narendran has taken over as the President of the Confederation of Indian Industry (CII) for the financial year 2021-22 (FY22). He has taken over from Kotak Mahindra Bank Managing Director & CEO Uday Kotak. T.V. Narendran, MD & CEO, Tata Steel An alumnus of IIM Calcutta and ...

TBB BUREAU BHUBANESWAR, MAY 31, 2021 World’s first Nano Urea Liquid has been introduced for the farmers across the world by Indian Farmers Fertiliser Cooperative Limited (IFFCO) at its 50th annual general body meeting. IFFCO Nano Urea Liquid is easy on the pocket of farmer and will be effective in increasing farmers’ income. IFFCO said this is an inspiration taken ...

TBB BUREAU NEW DELHI, MAY 31, 2021 The latest round of FICCI’s Business Confidence Survey revealed sharp deterioration in the optimism level of corporate India vis-a-vis the previous survey. Worsening current conditions as well as muted expectations about the near-term prospects on the back of a sweeping second wave of coronavirus infections pulled down the overall index value by over ...

TBB BUREAU GURUGRAM, MAY 31, 2021 BMW Group India on Monday launched the new BMW X7 M50d ‘Dark Shadow’ Edition. Limited units of the exclusive edition can now be booked at shop.bmw.in. The model is available in India as a completely built-up unit (CBU). Launching the new model, Vikram Pawah, President, BMW Group India said, “The BMW X7 is a ...

TBB BUREAU BHUBANESWAR, MAY 22, 2021 In its continuous efforts to fight against Covid-19 pandemic, the Aditya Birla Group company, Aditya Aluminium has extended support to the Jharsuguda District Administration  by donating 10 oxygen concentrators, 200 N95 masks, 200 PPE Kits, 100 double layered Sambalpuri cotton masks (stitched by the SHGs supported by the company), recently. Aditya Aluminium Unit Head ...

TBB BUREAU BHUBANESWAR, MAY 22, 2021 One of the leading firms of Eastern India and a flagship company of the OSL Group, Odisha Stevedores Limited (OSL) has extended  full logistic support in unloading of 24 medical oxygen cylinders of 40-litre capacity each, 5 medical oxygen cylinders and oxygen regulators-humidifiers brought in by MV Anna Maria from Singapore through Paradip Port ...

TBB BUREAU BHUBANESWAR, MAY 20, 2021 Keeping in view the second upsurge of the Covid-19, the Aditya Birla Group company, Hindalco has come forward to extend support to the Sambalpur District Covid Hospital and the VIMSAR (Veer Surendra Sai Institute of Medical Sciences and Research). On the request of the District Administration, Hindalco has donated 50 jumbo cylinders, 20 oxygen ...

TBB BUREAU BHUBANESWAR, MAY 20, 2021 As part of its support to the fight against the second wave of COVID pandemic, Vedanta Aluminium has supplied 2000 filled medical oxygen cylinders to the Government of Odisha on Thursday. The medical oxygen cylinders were handed over to the state government here today in presence of Industrial Promotion & Investment Corporation of Odisha ...

TBB BUREAU TIKIRI/BHUBANESWAR, MAY 19, 2021 In its relentless efforts to fight against COVID-19, Utkal Alumina International Limited (UAIL), a unit of Hindalco Industries of Aditya Birla Group, has donated 30 oxygen concentrators, 30 oxygen jumbo cylinders, 100 pulse oximeters, 100 thermometers and 12 thermal guns to the District Headquarters Hospital, Rayagada to safeguard the people of the district from the ...

TBB BUREAU NEW DELHI/BHUBANESWAR, MAY 17, 2021   Vedanta Aluminium & Power Business, India’s largest producer of aluminium and value-added aluminium products, has on the occasion of International Day of Families, extended the COVID Kavach Term Insurance Policy for employees of business partners across its plants in Jharsuguda and Lanjigarh in Odisha, and BALCO in Korba, Chhattisgarh. Ajay Kapur, CEO – ...

TBB BUREAU BHUBANESWAR, MAY 14, 2021 Moved by the second wave of the COVID pandemic, Navratrna CPSE National Aluminium Company Limited (NALCO) is leaving no stone unturned to stand in solidarity with the people of Odisha, in the fight against COVID-19. Deeply concerned by the surge in the number of cases and sufferings of people, NALCO is now supporting the ...

Ramesh Chandra Mohanty Aluminium and its alloys are being increasingly used right from domestic appliances, electrical conductors in transmission lines, to building and construction, automobile, defence, aerospace industry as well as myriad other critical applications. It has significant strategic implications in realizing the dream of Atmanirbhar Bharat and India’s vision to become a USD 5 trillion economy. Bauxite has no ...

TBB BUREAU NEW DELHI, MAY 12, 2021 Keeping in view the rapid surge in Covid-19 positive cases during the second wave of the pandemic, Maruti Suzuki India has extended free service and warranty period up to June 30, 2021. Toyota Kirloskar and MG Motor India too have extended warranty and service validity of all schedules due in April and May. ...

TBB BUREAU BHUBANESWAR, MAY 12, 2021 India’s leading auto-tech company CarDekho Group has appointed media industry professional Mayank Jain as the CEO of its new auto business. Jain will be responsible for strengthening the organization’s new auto offering, and deepening engagement with OEMs, dealer network and other enterprise partners, the platform said in a release. He will be reporting to ...

TBB BUREAU NEW DELHI, MAY 12, 2021 Private steel behemoth Jindal Steel and Power Ltd (JSPL) on Wednesday reported consolidated profit after tax (PAT) of Rs 1,900.51 crore during the fourth quarter (Q4) ended March 31,  2021, while attributing it to higher income. Its “net profit after tax from continuing operation” in the year-ago quarter was at Rs 82.13 crore, ...

TBB BUREAU NEW DELHI, MAY 12, 2021     The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved signing of Memorandum of Understanding (MoU) between Institute of Chartered Accountants of India (ICAI) and Qatar Financial Centre Authority (QFCA). The MoU would enhance cooperation between the Institutes to work together to strengthen the Accounting profession and entrepreneurship base in ...

TBB BUREAU BHUBANESWAR, MAY 11, 2021 Further consolidating its No. 1 position in Odisha, Reliance Jio has added over 1.9 lakh new subscribers in the month of February 2021, as per the latest telecom subscriber data released by TRAI, on Tuesday. With this, Jio has extended its market leadership in the state with over 1.4 crore mobile subscribers and 41 ...

TBB BUREAU BHUBANESWAR, MAY 11, 2021 Aditya Birla Group company Utkal Alumina International Limited (UAIL) is engaged in meaningful welfare initiatives in communities living in proximity of its plant. One of its initiatives “Project Saksham” is reaching out to the unemployed rural women and helping them become self-reliant through income generation. Since its commencement in February 2015, it has trained ...

TBB BUREAU KALINGANAGAR, MAY 9, 2021 The supply of Liquid Medical Oxygen (LMO) from Tata Steel’s Kalinganagar Plant through Indian Railways’ Oxygen Express started today. The Oxygen Train with seven cryogenic containers, carried 132 tons of LMO from Kalinganagar in Jajpur district to Delhi. This is the first Oxygen Express to carry LMO from the Kalinganagar Plant of Tata Steel. ...

TBB BUREAU BHUBANESWAR, MAY 8, 2021 Bandhan Bank on Saturday reported an 80 per cent decline in its net profit for the January-March 2021 quarter (Q4) of Financial Year 2020-21 (FY21) at Rs 103.03 crore, as compared to a net profit of Rs 517.28 crore in the corresponding period in FY20. The sharp decline in profit came on the back ...

TBB BUREAU BHUBANESWAR, MAY 8, 2021 Kansai Nerolac Paints Ltd. has reported an increase of 89.14 per cent in its consolidated net profit to Rs 123.62 crore for the fourth quarter ended March 31, 2021. The company had posted a net profit of Rs 65.36 crore in the January-March quarter a year ago, Kansai Nerolac said in a BSE filing. ...

TBB BUREAU ROURKELA, MAY 7, 2021 The highly determined Captive Power Plant-3 (CPP-3) team has helped Rourkela Steel Plant (RSP) accrue substantial financial savings by executing several high skill jobs.  The team successfully revamped and commissioned four Acid and Alkali tanks associated with the de-mineralised (DM) water treatment plant of the unit using in-house resources and expertise. Notably, the DM ...

TBB BUREAU BHUBANESWAR, MAY 7, 2021 With a massive population seeking jobs, skilling youth becomes highly important to make them employment ready, while providing a skilled talent pool to industries and enterprises to add to their workforce. As India grapples with the socioeconomic and health impact of the pandemic for over a year now, skilling Indian youth for the big ...

TBB BUREAU BARGARH, MAY 7, 2021 Union Minister for Petroleum & Natural Gas and Steel, Dharmendra Pradhan on Friday inaugurated a 100-bed COVID Care Centre with ICU and ventilator facilities at Vikash Multi-Specialty Hospital (VMSH) in Bargarh district through virtual mode. As part of the project, 70 ventilators, 50 monitors, and 200 syringe pumps are being provided by Indian Oil ...

TBB BUREAU RAJGANGPUR, MAY 6, 2021 Given the severity of the current circumstances with the second wave of COVID-19 wreaking havoc in India, as a responsible corporate citizen Dalmia Cement (Bharat) Limited has initiated a sanitization drive in its area of operations. DCBL’s Lanjiberna Limestone Mines has started sanitizing villages under Kutra and Rajgangpur Blocks. The company has sanitised offices, ...

TBB BUREAU NEW DELHI, MAY 5, 2021 Vedanta Aluminium & Power Business has accelerated the COVID vaccination initiative and vaccinated over 7,500 of its people across its plants located in Odisha and Chhattisgarh. With over 550 beds, Vedanta’s COVID Care Centres at Jharsuguda and Lanjigarh in Odisha, and BALCO in Korba, Chhattisgarh, are equipped with required infrastructure and medical personnel ...

TBB BUREAU BHUBANESWAR, MAY 5, 2021 TVS Eurogrip has launched an integrated marketing campaign that speaks about how the brand has a wide range of tyres for India, a country full of turns. The campaign is a tribute to the resilience of two-wheeler riders and many more who have entrusted their trust in the company and its tyres. The campaign ...

TBB BUREAU MUMBAI, MAY 4, 2021 In an industry leading initiative, private non-life insurer Reliance General Insurance Company Ltd has decided to offer a five per cent discount on premium for those who have taken the Covid-19 vaccination. According to Reliance General, customers who are renewing or buying afresh their Health Infinity insurance policy will be offered one time five ...

TBB BUREAU MUMBAI, MAY 4, 2021 The Rights Issue Committee constituted by the Board of Directors of Reliance Industries Ltd (RIL) has fixed May 12, 2021 as the Record Date for the purpose of determining the holders of the partly paid-up equity shares who shall be liable to pay the money on the ‘first call’. In a regulatory filing, RIL ...

TBB BUREAU BHUBANESWAR/CUTTACK, MAY 4, 2021 Dalmia Cement (Bharat) Ltd. (DCBL) has taken various initiatives to control the spread of the novel coronavirus in and around its Kapilas Cement Manufacturing Works (KCMW) at Tangi in Cuttack district. The company has set up a 15-bed quarantine centre which is being run by a team of trained doctors and nurses. The company ...

TBB BUREAU NEW DELHI, MAY 4, 2021 With hospitals across India facing oxygen shortage amid the tumultuous second wave of Covid-19, country’s leading digital financial services platform Paytm today announced that Paytm Foundation will be setting up oxygen plants in 12-13 cities as hospitals across the nation. These oxygen plants would be directly installed at hospitals, which would serve the ...

TBB BUREAU MUMBAI, MAY 3, 2021 Union Bank of India bagged the ‘ET Best Places to Work for Women 2021 powered by Femina’ Award. The recognition was conferred by ET Edge, an initiative of India’s largest media house – The Times Group. The recognition is received for providing a conducive environment for women employees at the bank and setting a ...

TBB BUREAU BHUBANESWAR, MAY 3, 2021 With the demand for medical oxygen jumping manifold amid the second wave of Covid-19 in the country, leading steelmaker Jindal Steel & Power Ltd (JSPL) – as a responsible corporate citizen –  has been supplying Liquid Medical Oxygen (LMO) from its 6 MTPA mega steel complex at Angul since April 2021. The Angul unit ...

TBB BUREAU LANJIGARH, MAY 3, 2021 The Lanjigarh Unit of Vedanta Limited, India’s premier producer of metallurgical grade alumina, has come forward to support the Government and District Administration in their fight against COVID-19. As part of its corporate social responsibility, the unit has provided 100 sets of RT-PCR Test kits to the District Headquarters Hospital, Bhawanipatna. With each set ...

TBB BUREAU NEW DELHI, MAY 3, 2021 Vernacular social gaming platform WinZO on Monday said that it has bought back early investor Hike’s shares for $12 million, making it one of the largest buyback transactions by an early stage firm in the Indian start-up ecosystem. The move gives a complete exit to Hike with four-fold returns on their investment in ...

TBB BUREAU NEW DELHI, MAY 1, 2021 Sanjay Kumar Mohanty on Saturday took over the charge of Member (Operations & Business Development), Railway Board in the Ministry of Railways and Ex Officio Secretary to the Government of India. Sanjay Kumar Mohanty Prior to the new assignment, Mohanty was General Manager, South Eastern Railway. An alumnus of Delhi School of Economics ...

TBB BUREAU NEW DELHI, MAY 1, 2021 With the Covid-19 cases rising at an alarming rate in the country, state-run Steel Authority of India Limited (SAIL) is planning to set up jumbo medical facilities of about 2,500 beds with gaseous oxygen (GOX) for Covid treatment. This will be in addition to the facilities currently available at SAIL’s five integrated steel ...

TBB BUREAU NEW DELHI, MAY 1, 2021 The gross Goods and Services Tax  (GST) revenue collection for April 2021 hit new record high of Rs 1,41,384 crore, of which CGST was Rs 27,837 crore, SGST Rs 35,621,  IGST Rs 68,481 crore (including Rs. 29,599 crore collected on import of goods), and Cess Rs. 9,445 crore (including Rs. 981 crore collected ...

TBB BUREAU BHUBANESWAR/MUMBAI, MAY 1, 2021 As India grapples with an unprecedented new wave of the Covid Pandemic, Reliance Industries Limited (RIL) has scaled up its production of medical grade liquid oxygen, thus becoming the country’s largest producer of this life-saving resource from a single location in just over a year’s time. Traditionally, Reliance is not a manufacturer of medical ...

TBB BUREAU NEW DELHI, MAY 1, 2021 As a special dispensation, the Department of Expenditure, Ministry of Finance at the recommendation of Ministry of Home Affairs has released in advance of the normal schedule the first instalment of the central share of the State Disaster Response Fund (SDRF) of Rs 8873.6 crore for the year 2021-22 to all the States, ...

TBB BUREAU MUMBAI, APRIL 30, 2021 Reliance Industries Limited (RIL) on Friday reported a 108 per cent growth in its consolidated net profit for the January-March quarter (Q4) of financial year 2020-21 (FY21) at Rs 13,227 crore as against a net profit of Rs 6,348 crore in Q4FY20. The oil-to-telecom giant reported a revenue from operations of nearly Rs 1.55 ...

PRIYABRAT BISWAL BHUBANESWAR, APRIL 30, 2021 Chennai-based pharmaceutical company Apex Laboratories Private Limited on Friday launched its antiviral herbal formulation ‘Clevira’ that got the Central government’s approval as a supporting measure for mild to moderate condition of Covid-19, a senior official of the company said. Apex Laboratories said it has got the approval from the Ministry of Ayush for Clevira ...

TBB BUREAU NEW DELHI, APRIL 30, 2021 Cement maker Dalmia Bharat Ltd on Friday reported a sharp uptick in consolidated profit at Rs 640 crore for the fourth quarter (Q4) ended March 31, 2021, on account of higher revenue from operations and tax credit. Dalmia Bharat had reported a profit of Rs 24 crore in the corresponding period a year ...

TBB BUREAU NEW DELHI, APRIL 29, 2021 Vedanta on Thursday said its Chairman Anil Agarwal has pledged Rs 150 crore to help India in its fight against deadly COVID-19 second wave. The amount is over and above Rs 201 crore that was spent by Vedanta Group in 2020, it said in a statement. The company will create additional capacity of ...

TBB BUREAU BHUBANESWAR, APRIL 28, 2021 As the second wave of the Covid-19 virus swells, to supplement the government’s efforts, ArcelorMittal Nippon Steel India (AM/NS India) – a joint venture between ArcelorMittal and Nippon Steel – in alliance with the Government of Gujarat and District Administration, Surat, has set up a 250-bed COVID care hospital at Hazira, which will receive ...

Next-gen sanitization technology ‘Shield 30’ launched in India TBB BUREAU BHUBANESWAR, APRIL 28, 2021 Even as the daily caseload of India’s coronavirus infections, during the second wave, exceeds more than two lakhs, Shield30, a disruptive sanitization technology, is launched in India. This revolutionary, water-based antimicrobial surface treatment technology from New Zealand provides 99.99% protection from surface-borne infection of Coronaviruses and ...