TBB BUREAU AHMEDABAD, APRIL 26, 2021 Diversified business conglomerate Adani Group has joined India Inc’s efforts to secure and augment medical oxygen supplies amid a growing shortage of the life-saving gas in the wake of spiralling Covid cases in the country. The Gautam Adani-led group has arranged four ISO cryogenic tanks with 80 tonnes of liquid oxygen from Saudi Arabia; ...

TBB BUREAU BHUBANESWAR, APRIL 22, 2021          Hindalco’s Aditya Aluminium is helping people of Lapanga Village in Sambalpur district to become self-reliant through its Project “Swabalmb”. The objective of this project is to hone the skills of the rural youngsters by imparting training in vocational skills, and make them employable. Since its commencement in October 2020 through the PPP mode, ...

TBB BUREAU BHUBANESWAR, APRIL 15, 2021 Aditya Aluminium, a unit of Aditya Birla Group’s metal flagship company Hindalco Industries, launched the ‘Jala Bahini’ scheme on Wednesday, to provide clean drinking water at the doorstep of 3,000 households across 52 villages under 6 gram panchayats of Rengali Block, during peak summer season. This initiative would provide 5,000 litres of safe drinking ...

TBB BUREAU MUMBAI, APRIL 13, 2021 Capri Global Capital Ltd (CGCL), an NBFC focused on MSME and housing finance, has come up with affordable housing loans – Prime, with the interest rate starting from 7.99 percent onwards both for urban and rural customers. The non-banking finance company, in a statement, said all salaried employees employed with government, public and private ...

TBB BUREAU BHUBANESWAR, APRIL 13, 2021 AirAsia (India) Limited has signed a long-term agreement with NAVBLUE to use N-Flight Planning, Airport Obstacle Database (AODB), and Flysmart+ services. AirAsia India, a NAVBLUE customer since start of its operations in 2014, has also signed up for Navigation+. The NAVBLUE solutions portfolio provides an efficient path for AirAsia India to grow and expand ...

TBB BUREAU NEW DELHI, APRIL 13, 2021  In a bid to strengthen its rural presence and move closer to the customers in the remote areas, Renault India today announced its partnership with CSC Grameen eStore, a subsidiary of CSC eGovernance Services India Limited (CSC-SPV). As a part of the partnership, Renault India’s leading product range will be listed on the ...

TBB BUREAU NEW DELHI, APRIL 12, 2021  Celebrating its illustrious legacy of 127 years of service to the nation, Punjab National Bank on Monday launched a unique pilot project PNB@Ease outlet. The model offers “Banking-on-the-Go” service where every transaction undertaken by a bank branch will be initiated and authorized by the customers themselves. The service can range from savings accounts ...

TBB BUREAU MUMBAI, APRIL 12 Tata Consultancy Services (TCS) on Monday reported a 14.9 per cent growth in its consolidated net profit for the January-March quarter (Q4) of Financial Year 2020-21 on a year-on-year (YoY) basis at Rs 9,246 crore. The company had reported a consolidated net profit of Rs 8,049 crore during the corresponding period in FY20. The revenue ...

TBB BUREAU CUTTACK, APRIL 12, 2021 In response to Chief Minister Naveen Patnaik’s call for a 14-day ‘Mask Abhiyan’ to keep Covid-19 at bay, Odisha Stevedores Limited (OSL) has decided to distribute one lakh masks free of cost among people. In a special programme organised in front of OSL Corporate Office here on Monday, OSL Chairman Mahima Mishra launched the ...

TBB BUREAU NEW DELHI, APRIL 12  Vedanta, India’s largest producer of aluminium and its value-added products, has signed a memorandum of understanding (MoU) for value-creation from bauxite residue (red mud), which is a by-product generated during processing of bauxite into alumina using the Bayer process. Bauxite is the primary ore for aluminium, that undergoes an intermediate refining stage to produce ...

TBB BUREAU BHUBANESWAR, APRIL 12, 2021 Amway India, one of the country’s leading FMCG direct selling companies, on Monday announced the launch of Chyawanprash by Nutrilite, under its flagship brand Nutrilite. Chyawanprash by Nutrilite is a concentrated blend of nutrient-rich 32 herbs authenticated by DNA fingerprinting made with 16 certified organic ingredients, and with no preservatives. Ajay khanna (left) and ...

TBB BUREAU BENGALURU/AHMEDABAD, APRIL 12, 2021 India’s leading homegrown e-commerce marketplace Flipkart on Monday announced a strategic and commercial partnership with the country’s largest multinational infrastructure company, the Adani Group. In this two-pronged partnership, Flipkart will work with Adani Logistics Limited, a wholly owned subsidiary of Adani Ports & Special Economic Zone Limited, to strengthen Flipkart’s supply chain infrastructure and ...

TBB BUREAU BHUBANESWAR, APRIL 12, 2021 Notwithstanding the COVID-19 pandemic impact, the Odisha Regional Office of the National Bank for Agriculture and Rural Development (NABARD) has achieved a spectacular progress during the financial year (FY) 2020-21. Despite challenges due to the COVID pandemic, NABARD disbursed Rs.22,709crore during FY2020-21 under various products to commercial banks, cooperative banks, RRBs, besides state government ...

TBB BUREAU BHUBANESWAR, APRIL 12, 2021 With a commitment to make mental health conversations mainstream, Future Generali India Insurance Company Limited (FGII) has launched a talk show ‘Mind Matters’ on YouTube and Facebook; and through this show the company has created a platform for the top sports personalities to come forward and share their stories of the mental health issues ...

TBB BUREAU GURUGRAM, APRIL 12, 2021 Pramerica Life Insurance Ltd on Monday announced the elevation of Kalpana Sampat as its Managing Director & CEO with effect from April 9, 2021. Prior to this appointment, she was the Chief Operating Officer of the Company. With her elevation, Sampat becomes one of the three female CEOs in the Indian life insurance sector, ...

TBB BUREAU NEW DELHI, APRIL 11, 2021 After the insurance sector, the Union government in going to hike the foreign direct investment (FDI) limit in the pension sector to 74 per cent, and table a bill in this regard in the next session of the Parliament. Currently, the FDI in the pension fund is capped at 49 per cent. Amendment ...

TBB BUREAU ROURKELA, APRIL 10, 2021 “Last year, we were able to tackle the first wave of COVID-19 pandemic quite effectively. While the second wave has started spreading, let’s once again contain it with commitment, composure and constant communication,” urged Rourkela Steel Plant (RSP) CEO Dipak Chattaraj, while chairing an online meeting of senior officers of the Steel Plant on ...

TBB BUREAU BENGALURU, APR 10, 2021 Acer India recently unveiled the Nitro 5 gaming laptop powered by the latest AMD Ryzen 5600H high performance processor that comes in 2 new graphics card options which includes the second Generation Ray Tracing Cores and third Generation Tensor Cores powered NVIDIA RTX 3060 graphics card along with NVIDIA GTX 1650 graphics card for ...

TBB BUREAU BHUBANESWAR, APRIL 09, 2021 Tata Power Central Odisha Distribution Ltd (TPCODL), a joint venture between Tata Power and the Government of Odisha, recently inaugurated a new Customer Care Centre (CCC) in Nayagarh. With the opening of this new CCC, the number of TPCODL Customer Care Centres in Odisha went up to five. The CCC was inaugurated by Nayagarh ...

TBB BUREAU BHUBANESWAR, APRIL 9, 2021 Manipal Health Enterprises Pvt. Ltd. (Manipal Hospitals), one of India’s largest multi-speciality healthcare providers, on Friday announced that it has entered into a definitive agreement to divest its hospital business at Klang in Malaysia to healthcare provider Ramsay Sime Darby Health Care (RSDH). The transfer of ownership shall take place post completion of closure ...

TBB BUREAU KOLKATA, APRIL 8, 2021 Srei Equipment Finance on Thursday said that it has received expression of interest (EOI) of up to USD 250 million capital infusion from two international private equity (PE) investors. The PE funds are US-based Arena Investors LP, and Singapore’s Makara Capital Partners, the wholly-owned subsidiary of Srei Infrastructure Finance (Srei) said in a statement. ...

TBB BUREAU UDAIPUR, APRIL 8, 2021 Breaking new grounds has always been a legacy for Hindustan Zinc. Be it in the endeavors of safety, digitalization or most recent, their employees. In a constant pursuit of inculcating inclusivity and diversity in an industry like mining, Hindustan Zinc’s Sandhya Rasakatla was appointed as India’s first woman Underground Mine Manager and Yogeshwari Rane ...

TBB BUREAU BHUBANESWAR, APRIL 8, 2021 Since March 2021, the daily cases of Covid-19 have been rising and have hit a 5-month high, with the maximum active cases reported from Maharashtra. One of the primary reasons behind the sudden spike is the complacency among the public about wearing masks and maintaining basic COVID protocols. To help control the increasing numbers ...

TBB BUREAU NEW DELHI, APRIL 8, 2021 Automaker Renault India today launched a vehicle scrapping programme in partnership with the country’s first organised scrap vehicle recycling company CERO. The maker of Kwid and Triber has launched ‘R.E.L.I.V.E’ programme in partnership with CERO Recycling, a joint venture between Mahindra Intertrade Ltd. and MSTC a government of India enterprise. The initiative is ...

TBB BUREAU NEW DELHI, APRIL 8, 2021 Vehicle registrations in India declined by 28.64 per cent on a year-on-year (YoY) basis in March 2021. However, the data released by the Federation of Automobile Dealers Associations (FADA) showed a sequential growth of 10.5 per cent in March. Accordingly, vehicle registration stood at over 16.49 lakh in March 2021, compared to over ...

TBB BUREAU NEW DELHI, APRIL 7 India’s largest producer of the aluminium and its value-added products, Vedanta Aluminium & Power Business is fostering hundreds of Micro, Small and Medium Enterprises (MSMEs) in remote rural areas with its innovative ‘waste to wealth’ programmes. ‘Waste to wealth’ projects form a key pillar of Vedanta’s sustainability agenda which is centred around ‘Zero Harm, ...

TBB BUREAU PARADIP, APRIL 6, 2021 Reiterating its commitment to Atmanirbhar Bharat and Make in Odisha, Jindal Steel & Power Ltd (JSPL) has evinced interest to build a a port based container manufacturing unit at Paradip. JSPL Chairman Naveen Jindal (second from left) with Paradip Port Trust officials, at Paradip on April 6, 2021 JSPL Chairman Naveen Jindal during his ...

TBB BUREAU NEW DELHI, APRIL 5, 2021 Poonam Gupta has been appointed as the Director General of country’s largest economic think-tank National Council of Applied Economic Research (NCAER). Gupta who is currently working as a lead economist with the World Bank, will be the first woman Director General of NCAER, and will assume office on July 1, 2021. Gupta holds ...

TBB BUREAU NEW DELHI, APRIL 5, 2021 With successful completion of trial operations by Unit 2 (660 MW) capacity in Stage 2 (2X660MW) of Tanda Super Thermal Power Station in Uttar Pradesh, the NTPC said that its installed capacity has risen to 65,810 MW. NTPC is striving to achieve highest reliability and efficiency keeping safety and environment issues on top, ...

TBB BUREAU NEW DELHI, APRIL 5, 2021 Riding on robust domestic demand, attractive export markets and a wide range of products, Jindal Steel and Power Ltd (JSPL) has ended the financial year 2020-21 on a strong note with sales touching a new high of 786,000 tonnes in March 2021, a growth of 61 per cent on year-on-year (y-o-y) basis. With ...

TBB BUREAU GURUGRAM, APRIL 5, 2021 Expanding its Galaxy F Series, Samsung on Monday launched Galaxy F12 and Galaxy F02s smartphones in India. Galaxy F12, available in Sea Green, Sky Blue and Celestial Black colours and two memory variants – 4GB/64GB and 4GB/128GB –is priced at Rs 10,999 and Rs 11,999, respectively. It comes with a True 48MP quad camera ...

TBB BUREAU RAJGANGPUR, APR 2 With an aim to make the local youth employable, Dalmia Cement (Bharat) Limited in association with the National Bank for Agriculture & Rural Development (NABARD) on Friday kick-started a skill training program for the youth of Sundargarh district. As many as 60 boys and girls from Rajgangpur and Lanjiberna area have been enrolled in the ...

PRIYABRAT BISWAL BHUBANESWAR, APRIL 2, 2021             Mini-Ratna Company Mahanadi Coalfields Limited (MCL) which broke all its previous records by achieving the highest ever production and coal dispatch in the financial year 2020-21, has set a production target of 168 MT for FY 2021-22.             The Coal India Limited (CIL) subsidiary achieved highest ever production of 148.01 million tonnes (MT) ...

TBB BUREAU BHUBANESWAR, APRIL 1, 2021 When the going gets tough, the tough gets going. The pandemic in FY 2020-21 had initially dampened the spirits of the railway men across the zone. With trains cancelled due to COVID-19 lockdown in the initial months of April, May and June, the loading figure by the end of July was -14% as compared ...

TBB BUREAU JODA, APRIL 1, 2021 With an objective to provide better medical facilities to the locals, Tata Steel dedicated an ambulance with advanced life support system to the people of Joda in a ceremony at Tata Steel Hospital, here today. Dr Sisir Kumari Patnaik, Gynecologist, Community Health Centre, Kamarjoda and Dr. Jagadish Sahu, Medical Officer, Community Health Centre, Kumarjoda ...

Paradip Port sets all-time record in cargo handling TBB BUREAU PARADIP, APRIL 1, 2021 The Paradip Port Trust (PPT) has created an all-time history for the Port by handling a record 114.55 million metric tonnes (MMT) of cargo in the Financial Year 2020-21. With this, PPT achieved the coveted 100 MMT of cargo handling for the fourth consecutive year. Sharing ...

TBB BUREAU ANGUL, MARCH 31, 2021 Jindal Steel and Power Ltd. (JSPL) on Wednesday observed the 16th death anniversary of its founder Om Prakash Jindal (Bauji) with a special prayer and various charitable activities at Angul. In a programme held at Devbhoomi Temple, employees of JSPL led by Hridayeshwar Jha, Executive Director of the Angul unit, Damodar Mittal, Ravi Shankar ...

TBB BUREAU BARBIL, MARCH 31, 2021 Jindal Steel and Power Ltd (JSPL) observed the 16th death anniversary of its founder Om Prakash Jindal at the pellet plant premises on Wednesday. Following strict Covid guidelines, a series of programmes were organised to commemorate the day. Barbil plant Head Brij Badhadra along with other department heads and colleagues paid floral tribute to ...

TBB BUREAU NEW DELHI, MAR 30 India’s largest power generation company Tata Power has bagged an order to develop 60 mega watt (MW) solar project for Gujarat Urja Vikas Nigam Limited (GUVNL). The company has received a letter of award from GUVNL on March 26, 2021, to develop a 60 MW solar project in Gujarat, Tata Power said in a ...

TBB BUREAU MUMBAI, MARCH 30, 2021                   Benchmark Sensex went up by 1,128 points to close at 50,136.58 on Tuesday as financials, IT and energy stocks advanced amid positive global cues. The 30-share BSE index ended 1,128.08 points or 2.30 per cent higher at 50,136.58.         The broader NSE Nifty also settled at a nearly two-week high of 14,845.10, showing ...

TBB BUREAU PARADIP, MARCH 30, 2021 As part of its CSR initiative, Paradip Port Trust (PPT), in association with Santha Arakshita Das Foundation & Olasuni Gumpha Development Trust, organised a mega health camp at Balipadia, Jajpur on Sunday. PPT Deputy Chairman AK Bose inaugurated the camp in which over 1,000 patients were treated and given free medicines. A team led ...

TBB BUREAU BHUBANESWAR, MARCH 28, 2021 Banks will conduct special clearing operations exclusively for government cheques on March 31 to facilitate accounting of all the government transactions for the current fiscal. In a notification to all scheduled banks along with small finance banks and the National Payments Corporation of India, Reserve Bank of India (RBI) said that it is mandatory ...

TBB BUREAU BHUBANESWAR, MARCH 27, 2021 At a time when healthcare is on the top of the government’s policy checklist, the PPP (Public-Private-Partnership) mode has taken on an altogether new dimension in Hirakud of Sambalpur District. Hindalco, the flagship of the Aditya Birla Group, in partnership with the Govt Hirakud Hospital Sambalpur has taken a number of immunisation initiatives to ...

TBB BUREAU BHUBANESWAR, MARCH 25, 2021 As many as 14 coal blocks in Odisha are among the 67 coal blocks which will be auctioned as the Centre on Thursday launched its second tranche of auction of commercial coal mining. Machhakata, Mahanadi, Nuagaon Telisahi, Ramchandi promotion block, Alaknanda, Bartap, Burapahar, Dip extension of Belpahar, Dip side of Chatabar, Kardabahal-Brahmanbil, Kosala West, ...

TBB BUREAU GURUGRAM, MARCH 25, 2021 BMW Motorrad India on Thursday launched the all-new BMW M 1000 RR – the first M model from the company. Available as completely built-up units (CBU), the motorcycles can be booked at all BMW Motorrad India dealerships from today onwards. The all-new BMW M 1000 RR is the first M model from BMW Motorrad ...

TBB BUREAU BHUBANESWAR/ RAIPUR, MARCH 24, 2021 India’s leading infrastructure steel manufacturer Jindal Steel and Power Limited (JSPL) has been awarded the most prestigious Resilient Supply Chain of the Year -Manufacturing Award at the 6th India Logistics & Supply Chain Awards 2020 held in Mumbai recently. Renowned industrialist Naveen Jindal-led  company’s smart solutions and approach got recognized as “The Resilient ...

TBB BUREAU PARADIP, MAR 24, 2021 Paradeep Phosphates Limited (PPL) celebrated the 10th Foundation Day of its Group Adventz on Tuesday. PPL chief Ranjit Singh Chugh inaugurated a number of events to mark the celebration. The day started with Swatchh Bharat initiative at Township, followed by mini marathon, cyclothon and plantation drive. Chugh also inaugurated a dedicated Mobile Health Unit ...

TBB BUREAU NEW DELHI, MARCH 24, 2021 Reaffirming the commitment to conduct business sustainably, Dalmia Bharat Sugar and Industries Ltd. (DBSIL) has launched a Sustainability Report which reflects the company‘s philosophy, approach, commitment and performance with regards to the triple bottom line i.e. social, environmental and financial approach to identify the societal impact created by an organisation. Developed in accordance ...

TBB BUREAU JODA, MAR 24, 2021 As part of its Affirmative Action Policy and efforts towards inclusive growth and development of Scheduled Caste (SC) and Scheduled Tribe (ST) communities, Tata Steel Foundation awarded ‘Jyoti Fellowship’ to 209 meritorious students of Joda and Khondbond region at a mega function today. Champua Sub-Collector Pratap Pritimaya graced the occasion as chief guest along ...

TBB BUREAU AHMEDABAD, MARCH 23, 2021 India’s largest private ports and logistics company Adani Ports and Special Economic Zone (APSEZ) Ltd. will acquire the 58.1 per cent stake held by DVS Raju and family in Gangavaram Port Limited (GPL) for Rs 3,604 crore. To recall, APSEZ had announced the acquisition of Warburg Pincus’s 31.5 per cent stake in GPL on ...