TBB BUREAU NEW DELHI, MARCH 22, 2021 The Centre has made a co-contribution amount of Rs 57,078.22 lakh disbursed till February 2021 under Atal Pension Yojana, informed Anurag Singh Thakur, Union Minister of State for Finance & Corporate Affairs, in a written reply to a question in Lok Sabha today. The Minister further stated that the Central Government co-contributes 50 ...

TBB BUREAU NEW DELHI, MARCH 20, 2021 The passing of the bill to amend the Mines and Mineral (Development and Regulation) (MMDR) Act will play a vital role in enhancing the mining sector’s contribution to the employment and GDP of the country, and contribute to the vision of an Atmanirbhar Bharat, Federation of Indian Chambers of Commerce & Industry (FICCI) ...

TBB BUREAU ANGUL, MARCH 20, 2021 JSPL Foundation, the social arm of Jindal Steel & Power Ltd. (JSPL), carried out a slew of welfare activities to mark the birthday of Savitri Jindal Ji, Chairperson Emeritus of OP Jindal Group. The Foundation provided dry ration packets to the inmates of various care homes at Angul. Officials of Jindal Mahila Samiti, Angul ...

TBB BUREAU BHUBANESWAR, MARCH 20, 2021 Exclusive Motors Pvt. Ltd., the leader in the super luxury car market and pioneers in bringing super luxury and the most iconic brands to India, has brought the New Bentley Bentayga and New Flying Spur to the Capital City of Odisha to give the valued customers an opportunity to experience the luxury and comfort ...

TBB BUREAU BHUBANESWAR, MARCH 18, 2021 State-run Odisha Mining Corporation (OMC) today paid Rs 1,000 crore interim dividend to the State government for the financial year 2020-21. On behalf of OMC, State Steel & Mines Minister Prafulla Mallick handed over the cheque amounting to Rs 1,000 crore to Chief Secretary Suresh Chandra Mohapatra, in presence of Chief Minister Naveen Patnaik. Among ...

TBB BUREAU BARBIL, MARCH 18, 2021 JSPL Foundation, the social arm of Jindal Steel and Power Ltd (JSPL), on Wednesday awarded 60 rural women here for becoming community role models for their entrepreneurship skills. Recipients of JSPL Foundation-facilitated training in respective fields, the awardees of Deojhar and Kandra gram panchayats in Keonjhar district, have been able to bring a significant ...

PRIYABRAT BISWAL BHUBANESWAR, MARCH 18, 2021 With a vision to expand its reach to the consumers, Dalmia Bharat Sugar and Industries Ltd. (DBSIL) on Thursday announced the launch of its packaged sugar under the brand name “Dalmia Utsav”. In the initial phase of the transition from B2B to B2C segment, DBSIL launches Sulphur Free White Crystal Sugar and Natural Brown ...

TBB BUREAU NEW DELHI, MARCH 17, 2021 The Industrial Policy of Odisha recognizes Apparel and Textiles, including Technical Textiles as one of the five Focus Sectors and a number of attractive fiscal and non-fiscal incentives for the promotion and development of the sector have been laid out, said Odisha Industry and MSME Minister Captain Dibya Shankar Mishra.  Speaking at the ...

TBB BUREAU BHUBANESWAR, MARCH 17, 2021 Sunil Kumar Satya has joined as Regional Executive Director (Eastern Region-II) NTPC Ltd. A graduate in Mechanical Engineering from NIT Surat, Satya worked in Maruti Udyog Limited for one year before joining NTPC in the year 1987 as 12th batch Executive Trainee. He worked in various capacities in NTPC power plants such as Auraiya ...

PRIYABRAT BISWAL BHUBANESWAR, MARCH 17, 2021 In a bid to expand its market reach and target the mass market, India’s leading air conditioning brand Blue Star has launched its new range of ‘Mass Premium’ split air conditioners. With this strategic foray, Blue Star has rolled out a series of split ACs at affordable prices, which are of the same high quality, reliability ...

L&T construction arm bags significant orders TBB BUREAU MUMBAI, MARCH 16, 2021 The construction arm of Larsen & Toubro (L&T) has secured ‘significant’ orders for setting water and effluent treatment plants in Odisha and a cement plant in Rajasthan. The water & effluent treatment business of L&T Construction has secured EPC orders from the Rural Water Supply and Sanitation Department ...

TBB BUREAU BHUBANESWAR, MARCH 16, 2021 In line with the 2021 theme of International Women’s Day #ChooseToChallenge, Amway India, one of the country’s leading FMCG direct selling companies, is commemorating Women’s month with a gamut of women-centric programs across India. Corresponding to the global theme which signifies that a, “challenged world is an alert world, and challenge leads to change” ...

TBB BUREAU NEW DELHI, MARCH 15, 2021 The Union Government has released the final weekly instalment of Rs 4,104 crore to the States to meet the GST compensation shortfall. Out of this, Rs 4,086.97 crore has been released to 23 States while 3 Union Territories have received Rs 17.03 crore. With the current release, 100 percent of the total estimated ...

TBB BUREAU NEW DELHI, MARCH 15, 2021 The Government has been contemplating on infusing more investments prioritising growth of infra and health sectors to streamline the economy. This was stated by Union Minister of State for Finance & Corporate Affairs Anurag Singh Thakur in a written reply to a question in Lok Sabha today. The Minister stated that to encourage ...

TBB BUREAU AHMEDABAD, MARCH 15, 2021 Adani Welspun Exploration Ltd (AWEL), a joint venture between the Adani Group and Welspun Enterprises Ltd, on Monday announced its first-ever gas discovery in Nelp-VII block MB-OSN-2005/2 in the Tapti-Daman sector of Mumbai Offshore block. AWEL holds 100 per cent participative interest (PI) and is the Operator of this Block. Spread across 714.6 sq.km., ...

JSPL’s TRB Mines bags Kalinga Safety Excellence Award TBB BUREAU TENSA, MARCH 14, 2021 TRB Iron Ore Mines of Jindal Steel and Power Ltd (JSPL) in Tensa of Sundergarh district has been honoured with prestigious Kalinga Safety Excellence Award-2019 in Gold category for exemplary efforts in maintaining best safety practices. The award was conferred at the Odisha State Safety Conclave-2020 held in Bhubaneswar. Pramod Kumar ...

TBB BUREAU BHUBANESWAR, MARch 14, 2021 Two units of Dalmia Cement (Bharat) Limited – Kapilash Cement Manufacturing Works at Tangi in Cuttack district and the unit at Rajgangpur in Sundargarh district – received the prestigious Kalinga Safety Excellence Award (Silver Category) in the Cement Plant Category in Odisha for the year 2020.  At 11th Odisha State Safety Conclave-2020, organized by the ...

TBB BUREAU BHUBANESWAR, MAR 13 Over 400 members of local self help groups (SHGs) attended a programme organised by Aditya Aluminium, Lapanga at Maliatkra Playground of Lapanga GP on the occasion of International Women’s Day. These SHGs, supported by Aditya Aluminium, Lapanga under Mission Shakti, are working to build a healthy and empowered society in COVID-19 world. Sambalpur District Social ...

PRIYABRAT BISWAL BHUBANESWAR, MAR 13, 2021 Malabar Gold & Diamonds, one of the largest gold and diamond retail chains in India, entered Odisha by unveiling its first store in Bhubaneswar today.  Located at Rupali Square, the aesthetically-designed showroom is a part of the jeweller’s global expansion plan and its vision to strengthen retail presence in eastern India. Inaugurated by Ollywood actor Sabyasachi Mishra ...

TBB BUREAU JHARSUGUDA, MAR 12 Vedanta Aluminium celebrated International Women’s Day at its alumina refinery at Lanjigarh, and aluminium & power operations at Jharsuguda. As part of the celebrations, various interactive sessions, awareness drives and community engagement activities like mass plantation, week-long menstrual hygiene awareness campaign, etc. were conducted. The commemoration started with Union Women and Child Development Minister Smriti ...

TBB BUREAU BHUBANESWAR, MARCH 9, 2021 The Indian Oil Corporation Limited (IOCL) and Odisha Industrial Infrastructure Development Corporation (IDCO) on Tuesday signed an agreement and a Memorandum of Understanding (MoU) to set up a plastic park at Paradip. The proposed park will come up on 120 acres of land with an investment of Rs Rs.106.78 crore. The MoU was signed ...

TBB BUREAU ANGUL, MARCH 9, 2021 Employees of Jindal Steel & Power Ltd (JSPL) observed Fitness Day on Tuesday to mark the birthday of JSPL Chairman Naveen Jindal, who is known for his fitness and patriotism, besides being an industrialist.  On the occasion, JSPL and its social arm JSPL Foundation organised various programmes to promote fitness among employees and local ...

TBB BUREAU BHUBANESWAR, MARCH 9, 2021 India’s leading digital financial services platform Paytm today introduced its latest Internet of Things (IoT) based payment devices, Soundbox 2.0 and Paytm Smart POS for Android phones. The company that started its journey by being the pioneer of QR-code based payment technology has expanded into IoT payment devices with Paytm All-in-One Android EDC devices, ...

TBB BUREAU BHUBANESWAR, MARCH 9, 2021  Kotak Mahindra Life Insurance Company Limited (Kotak Life) today announced the launch of its outdoor campaign in one of the fastest growing cities in eastern India – Bhubaneswar. This is a step to further increase awareness about Kotak Life’s comprehensive health insurance product – Kotak Health Shield. Kotak Health Shield offers a fixed benefit, ...

TBB BUREAU BHUBANESWAR, MARCH 9, 2021 OPPO, the leading global smart device brand, today announced the launch of the latest F 19 Pro Series smartphones – F19 Pro+ 5G and F19 Pro, in India. The launch was nothing less than a magical music night with some super energetic performances by Nucleya, that brought the night alive and inspired the viewers ...

TBB BUREAU BHUBANESWAR, MAR 09, 2021 ArcelorMittal Nippon Steel India (AM/NS India) has launched ‘KALASH’ and ‘KALASH GOLD’, its premium colour coated steel range. A first-of-its-kind product in the industry, ‘KALASH’ range of colour coated steel is offered with a warranty of 3 years and 5 years respectively and proven to resist issues like chalking, fading and paint peeling. Print ...

TBB BUREAU NEW DELHI, MARCH 9, 2021 The Department of Expenditure of the Union Finance Ministry has released the 19th weekly instalment of Rs. 2,104 crore to the States to meet the GST compensation shortfall. Out of this, an amount of Rs. 2,103.95 crore has been released to 7 States and an amount of Rs. 0.05 crore has been released ...

TBB BUREAU MUMBAI, MARCH 9, 2021 According to a survey conducted by Reliance General Insurance and commissioned by research agency Nielsen to understand the behaviour and involvement of women when it comes to investment in Health Insurance, 98 percent of the women believe that there should be more women-centric health add-ons in the health insurance such as menstruation/hormonal issues, PCOD ...

TBB BUREAU NEW DELHI, MARCH 8, 2021 Latest insights from TransUnion CIBIL indicate sustained growth in the participation of women borrowers in India’s retail credit market, which now includes more than 47 million active women borrowers. Over the last six years, the share of women borrowers grew to 28 per cent in September, 2020, up from 23 per cent in ...

TBB BUREAU BHUBANESWAR, MARCH 7, 2021 The chemical based intimate washes have too high level of germ killing activity, so use of these products to cleanse intimate area not only kills the bad bacteria but also destroys the protective good bacteria (Lactobacilli) that supports the healthy vaginal microbiome and balances pH of the vagina. Washing intimate area with chemical based ...

TBB BUREAU BHUBANESWAR, MARCH 5, 2021 Odisha Chief Minister Naveen Patnaik on Friday inaugurated India’s first and one-of-its-kind World Skill Centre (WSC) at Mancheswar Industrial Area here, describing it as a milestone that adds a new chapter in skill ecosystem of Odisha. The WSC will be a premier institute to impart advanced skills and create globally employable youth in the ...

TBB BUREAU MUMBAI, MARCH 4, 2021 Axis Securities, a fully-owned subsidiary of Axis Bank, has emerged as the successful bidder to acquire the trading accounts of Karvy Stock Broking Limited. Karvy customers can start trading with Axis Securities, one of the most trusted bank-led brokerage houses, to make the best of available market opportunities. Simply by clicking on a link, ...

TBB BUREAU BHUBANESWAR, MARCH 4, 2021 World’s largest steel maker ArcelorMittal Nippon Steel India (AM/NS India) on Thursday signed a memorandum of understanding (MoU) with the Odisha government for setting up a 12 million tonne per annum (MTPA) capacity integrated steel plant in Kendrapada district with an investment of Rs 50,000 crore. The MoU was signed by Hemant Sharma, Principal ...

TBB BUREAU MUMBAI/DELHI, MARCH 3, 2021 Vedanta has been at the forefront of sustainable practices and is leveraging new technologies to safeguard the environment and communities. Guided by the philosophy of `Zero Harm, Zero Waste, Zero Discharge’, the company is committed to extensive disclosure of its sustainability programs for all stakeholders. In an endorsement of the Group’s strong commitment to ...

TBB BUREAU NEW DELHI, MARCH 3, 2021 Renault India has started sale and delivery of its new gamechanger Renault KIGER to customers across its dealerships in the country. This smart, sporty and stunning car which is all set to strengthen Renault’s presence in the sub-four meter SUV segment, is well on its way to set new benchmarks in the Indian ...

TBB BUREAU BHUBANESWAR, MARCH 2, 2021 IIFL Finance, one of India’s largest Non-Banking Financial Companies, will open a public issue of bonds on March 03, 2021, The bonds offer up to 10.03 per cent yield and high degree of safety making it one of the best debt investment products in the current scenario with almost double the interest rate offered ...

PRIYABRAT BISWAL BHUBANESWAR, MARCH 2, 2021 The Association of Power Producers (APP) has requested the Odisha Government to reduce water charges for thermal power plants operating in the state as they are adversely impacted due to this over the years. In its letters to the Water Resources and Energy Departments of the Odisha Government, the APP has requested to take ...

TBB BUREAU NEW DELHI, MARCH 1, 2021 Indicating post-pandemic economic recovery, GST collections crossed the Rs 1 lakh crore-mark for the fifth month in a row, rising 7 per cent to over Rs 1.13 lakh crore, the Finance Ministry said on Monday. The collection is, however, lower than the record Rs 1,19,875 crore collected in the previous month. The gross ...

TBB BUREAU PARADIP, MARCH 1, 2021 V S Jain, Executive Director, has taken over charge as Executive Director & Refinery Head of Paradip Refinery with effect from March 1, 2021. Prior to the new assignment, he was heading the Project Department at Paradip Refinery with projects like Mono Ethylene Glycol (MEG), Para Xylene-Purified Terepthalic Acid (PX-PTA), Fuel Quality Upgradation (FQUP).  ...

TBB BUREAU PARADIP, MARCH 1, 2021 With just a day away from the Maritime India Summit, the Iron Ore Handling Plant (IOHP) of Paradip Port Trust (PPT) handled 182 rakes, which is the highest ever monthly rakes in the month of February, 2021. With this feat it surpassed the previous record of 174 rakes handled in January this year.

TBB BUREAU BHUBANESWAR, MARCH 1, 2021 ArcelorMittal Nippon Steel India (AM/NS India), a joint venture between ArcelorMittal and Nippon Steel, recently signed a Memorandum of Understanding (MoU) with Birla Institute of Technology & Science (BITS) Pilani to provide a sponsored B. Tech Process Engineering degree through Work Integrated Learning Programme without the need for a career break. The unique skill ...

TBB BUREAU BHUBANESWAR, MARCH 1, 2021 International e-commerce-powered direct selling company QNET has announced the launch of SmartAir, a new state-of-the-art air purifier model, as part of its ongoing partnership with Sharp Business Systems in India. The new SHARP-QNET SmartAir features Sharp’s patented Plasmacluster Ion Technology (PCI) with proven efficacy in obliterating SARS-CoV-2 by 91.3 per cent within 30 seconds. ...

TBB BUREAU MUMBAI, FEB 28, 2021 Reliance Strategic Business Ventures Limited (RSBVL), a wholly owned subsidiary of Reliance Industries Limited, on Sunday announced that it has acquired additional equity stake in its investee company skyTran Inc. (“skyTran”) for a consideration of USD 26.76 million increasing its shareholding to 54.46% on a fully diluted basis. skyTran is a technology company incorporated ...

TBB BUREAU BHUBANESWAR/NEW DELHI, FEB 28, 2021 It is common practice for beauty brands to use ingredients that could potentially harm the body. These toxins may seem harmless, but can severely damage the skin in the long term. However, with the increase in awareness about the harmful effects of chemicals on health, used in the production of popular conventional beauty ...

TBB BUREAU BHUBANESWAR, FEB 27, 2021 TP Central Odisha Distribution Ltd. (TPCODL), a joint venture between Tata Power and the Government of Odisha, on Saturday set a new benchmark in operational excellence by launching value added services as a part of its Demand Side Management (DSM) initiatives for its customers. The service was inaugurated by Nikunja Bihari Dhal, Principal Secretary, ...

TBB BUREAU ROURKELA, FEB 27, 2021 “Judicious use of natural resources can help reduce the volume of generated waste. Let’s strive further to reduce energy consumption which will help in achieving a corresponding drop in the usage of natural resources and thereby reserving them for the future generation,” said Rourkela Steel Plant (RSP) CEO Dipak Chattaraj, while inaugurating a national ...

TBB BUREAU KANIHA, FEB 27, 2021 Keeping in view the growing demand for renewable energy, the Talcher Kaniha Unit of NTPC Ltd today reiterated the company’s commitment to clean energy.  “NTPC is committed to generate and provide reliable power at a competitive price in a sustainable manner. We use environment-friendly technologies and also focus on social upliftment of society to ...

TBB BUREAU MUMBAI, FEB 26, 2021 In a bid to accelerate market transition towards ‘2G-Mukt Bharat’ with its affordable services, Reliance Jio has come up with a new ‘JioPhone 2021’ offer wherein a customer will get two years of unlimited services and new JioPhone at Rs 1,999. Under the first-of-its kind offer in India, a new user would get a ...

TBB BUREAU MUMBAI, FEB 26, 2021 Sterling and Wilson Pvt Ltd (SWPL), a Shapoorji Pallonji group company, today announced that it has entered the Electric Mobility segment in India. SWPL has signed a 50-50 joint venture (JV) with Enel X, a subsidiary of Enel Group, to launch and create world-class electric charging infrastructure in the Indian sub-continent. The JV intends ...

TBB BUREAU BHUBANESWAR, FEB 26, 2021 Continuing its dominance in Odisha market as the most preferable digital service provider, Reliance Jio further extended its leadership position with 52.6 percent gross revenue market share in the sector, as per the latest financial report published by the Telecom Regulatory Authority of India (TRAI) for the October-December quarter of FY 2020-21. In fact, ...