Dr. Tapan Kumar Chand The strategic importance of Aluminium for India to achieve the vision of becoming a $5 trillion economy cannot be overstated. Aluminium finds critical usage in core sectors like defence, aerospace, transportation, energy security, building & construction many more. Aluminium gives all that contemporary time demands: speed, saving & sustainability. As India emerges from the global public ...

TBB BUREAU MUMBAI, FEB 25, 2021 India’s largest mortgage lender State Bank of India (SBI) and Shapoorji Pallonji Real Estate, one of India’s marquee builders, on Thursday signed a Memorandum of Understanding (MoU) to enable faster processing of home loans, approvals and to provide other benefits. The MoU was signed by Shreekant, Head and Chief General Manager of Real Estate ...

TBB BUREAU NEW DELHI, FEB 25, 2021 Indian Stainless Steel Development Association (ISSDA), the country’s apex stainless steel body, has voiced concerns about the impending adverse impact on domestic industry due to the temporary revocation of trade remedial duties on importing stainless steel, as announced in this year’s Union Budget. ISSDA, along with four major associations representing MSME stainless steel ...

TBB BUREAU BHUBANESWAR, FEB 25, 2021 Aditya Birla Health Insurance Company Ltd. (ABHICL), the Health Insurance subsidiary of Aditya Birla Capital Limited, a significant non-banking financial services company, today announced an industry-first initiative of up to 100 percent health insurance premium returns and other significant product offering upgrades. The newly designed version of its flagship product ‘Activ Health’ will inspire customers ...

TBB BUREAU BHUBANESWAR, FEB 24, 2021 Piramal Enterprises Limited today announced the appointment of Kalpesh Kikani as Chief Executive Officer (CEO) of its Rs.11,000 crore AUM Alternatives Business managed through its subsidiaries and joint ventures, which leverages Piramal Group’s long standing partnerships with marquee Global investors such as CDPQ, CPPIB, APG, Ivanhoé Cambridge and Bain Capital. Kalpesh who holds a ...

TBB BUREAU BHUBANESWAR, FEB 24, 2021 India’s leading fashion company, Aditya Birla Fashion and Retail Limited (ABFRL) on Wednesday said it will set up a new entity in partnership with ace designer Tarun Tahiliani that will retail contemporary ethnic wear for men. The new brand will operate in the premium occasion wear segment; and offer the entire range of high ...

TBB BUREAU BHUBANESWAR, FEB 24, 2021 Jindal Steel and Power Limited (JSPL) Group Advisor (Legal, Corporate Affairs, CSR & Sustainability) Manish Kharbanda has been elected as the Chairman of CII Odisha State Council for the year 2021-22. His name was announced at the first meeting of the reconstituted Odisha State Council of CII (Confederation of Indian Industry) held in Puri ...

TBB BUREAU RAJGANGPUR, FEBRUARY 23, 2021 Dalmia Bharat Foundation (DBF), the CSR wing of Dalmia Bharat Group, felicitated 20 trainees from Dalmia Institute of Knowledge & Skill Harnessing (DIKSHa) who secured placement with KITEX Garments Pvt Ltd in Tamil Nadu at an average annual salary of Rs. 162,000. The trainees will soon travel from Jharsuguda to join their new workplace. ...

TBB BUREAU BHUBANESWAR, FEB 22, 2021 Vedanta Limited has been conferred with the “CSR Shining Star Award” under the category of Child Development for Nand Ghar, Vedanta Group’s flagship corporate social responsibility project. The recognition was given by Maharashtra Governor Bhagat Singh Koshyari at a function held at the Raj Bhavan, Mumbai on February 20. The award recognizes Vedanta’s efforts ...

TBB BUREAU BHUBANESWAR/TIKIRI, FEB 21, 2021 The ‘National Road Safety Month’ was observed at Utkal Alumina International Limited (UAIL), a unit of Hindalco Industries of Aditya Birla Group from January 18 to February 17. As a responsible corporate, UAIL observed the month-long campaign for social cause of safety and mobility. All the cross-functional teams proactively participated in this event within ...

TBB BUREAU BHUBANESWAR, FEB 19, 2021 Further consolidating its leadership position as the most preferred digital service provider in Odisha, Reliance Jio has once again added highest number of subscribers with addition of nearly 2 lakh subscribers in December 2020, as per telecom subscriber data released by Telecom Regulatory Authority of India (TRAI), recently. With this, Reliance Jio further strengthened ...

TBB BUREAU BHUBANESWAR, FEBRUARY 19, 2021 Leading barbecue restaurant chain Absolute Barbecues at Infocity in Chandaka Industrial Estate here, has laid out a wide range of exotic seafood for food lovers of the Capital City at its food festival “Sea Feast” which started on Friday. The fortnight-long “Sea Feast” to be concluded on March 5, will transport one to a ...

TBB BUREAU BHUBANESWAR, FEB 18, 2021 Odisha Chief Minister Naveen Patnaik and Union Mines Minister Pralhad Joshi jointly inaugurated the production in Jiling-Langlota and Guali iron ore blocks of the Odisha Mining Corporation (OMC) today. These two mines are targeted to produce 12 billion tonnes of iron ore annually which will increase OMC’s production to 20 billion tonnes. These iron ...

TBB BUREAU PARADIP, FEB 18, 2021          Paradip Port Trust (PPT) which is moving towards becoming country’s numero uno port in terms of commodity trading and shipping movement, has set new record in railway rakes loading on Wednesday. A record number of 27 rakes (16 BOXN and 11 BOBR) were loaded inside the Port surpassing the previous record of 25 ...

TBB BUREAU MUMBAI, FEB 17, 2021 Globally renowned hygiene brand Livinguard AG has partnered with PadSquad to donate 50,000 reusable antiviral Livinguard masks and 43,500 reusable, antimicrobial sanitary napkins ‘Saafkins’ as part of their global initiative, ‘LivinguardCARES’. The beneficiaries include several divisions of the Mumbai Police, Brihanmumbai Municipal Corporation (BMC), State Women’s Development Corporation, Income Tax Department, Maharashtra Maritime Board, ...

TBB BUREAU BHUBANESWAR, FEB 17, 2021 Ecommerce-based direct selling company QNET has brought historic Swiss watch brand ‘Mugnier’ to India exclusively for its network of customers and distributors. Mugnier watch brand was founded in 1786 by watchmaker Etienne Mugnier in France who went on to be appointed watchmaker to the Emperor in the early 1800s. QNET has introduced three new ...

TBB BUREAU AHMEDABAD, FEB 16, 2021 Adani Ports and Special Economic Zone Ltd (APSEZ) has completed 100 per cent acquisition of Dighi Port Limited (DPL) for Rs 705 crore on February 15, and with this, established the company’s footprint in the state of Maharashtra. This would enable APSEZ to service customers in the state, including the highly industrialised areas in ...

TBB BUREAU ROURKELA, FEB 16, 2021               Two teams from Rourkela Steel Plant have registered a remarkable performance in SAIL level Management and Business Quiz (MBQ) 2020, Samridhi and Samarth. The competitions were held online on February 8 and 10, respectively.              The team comprising Shagufta Akhtar, Office Attendant (MM-Marketing), and Presanjit, Nayak, Senior Executive Assistant (MM-Marketing)) emerged winners in ‘Samarth’, the ...

TBB BUREAU JHARSUGUDA, FEB 16, 2021 The Jharsuguda Unit of Vedanta Ltd. has extended its support to the District Health Administration (DHA) in Lymphatic Filariasis Elimination Awareness campaign, here. The company conducted a rath yatra from February 9 to 13 in 80 villages of the district, spreading awareness on Lymphatic Filariasis. Dr. Lal Mohan Routray, Chief District Medical Officer (CDMO), ...

TBB BUREAU NEW DELHI, FEB 16, 2021 Four months after launching the CB350 H’ness, Honda Motorcycle and Scooter India (HMSI) on Tuesday launched a new model  CB350RS at Rs 1.96 lakh (ex-showroom, pan India). An amalgamation of contemporary style and superior stance, CB350RS is the second new introduction in the CB family, which is ‘Made in India for the World’. ...

TBB BUREAU NOIDA, FEB 16, 2021 HCL Foundation, the corporate social responsibility arm of HCL Technologies Ltd., today announced the winners of the sixth round of the HCL Grant, a flagship program dedicated to strengthening India’s “fifth estate” of NGOs working towards nation building. The three NGOs, one each in the development areas of environment, health, and education, will each ...

TBB BUREAU MUMBAI, FEB 15, 2021 French automaker Renault on Monday said its SUV Kiger would be priced between Rs. 5.45-9.55 lakh (ex-showroom pan India). The company also announced bookings for the new SUV from Monday. The booking can be made through its extensive dealership network of over 500 sales outlets as well as the company’s website. Kiger will be ...

TBB BUREAU BHUBANESWAR, FEB 14, 2021 Continuing its rapid expansion across various key cities and towns in Odisha, JioFiber, the most popular high-speed broadband service in the country, has now commenced its service in key areas of 25 major cities and towns across the state. With commencement of JioFiber broadband service in Khordha, Berhampur, Balasore and Jeypore recently, JioFiber has ...

TBB BUREAU BHUBANESWAR, FEB 13            The Bhubaneswar Chapter of the Institute of Company Secretaries of India (ICSI) organised a seminar on “Spectrum of Opportunities in Corporate Era”, here on Saturday. Inaugurating the two-day seminar, National Law University Odisha Vice Chancellor Prof. (Dr.) Yogesh Pratap Singh spoke about the increasing and different role played by the Legal and Company Secretary ...

TBB BUREAU BHUBANESWAR, FEB 12, 2021 On a consolidated basis, Navratna PSU National Aluminium Company Limited (NALCO) posted a net profit of Rs 240 crore in the third quarter (Q3) of the current financial year (FY21) as against Rs 107 crore in the corresponding period of the previous fiscal (Q3FY20), thus registering a growth of 123 percent. The net profit ...

TBB BUREAU PUNE, FEB 12, 2021 Classic Legends’ Jawa 42 has received an update to its line-up in the form of three new colours and some mechanical changes. The new Jawa 42 2.1 version has been priced at Rs 1,83,942 (ex-showroom Delhi). Along with the current range of colours, the new Jawa 42 will be available in three new colours ...

TBB BUREAU BHUBANESWAR, FEB 12, 2021 India’s leading green cement producer and part of US$12 billion JSW Group, JSW Cement has digitized its Sales & Marketing operations to provide channel partners ease of doing business by leveraging AI-based digital interventions. The Company has partnered with Yalochat to introduce AI-based Anytime Anywhere Business transactions for its trade customers. The Yalochat partnership ...

TBB BUREAU TANGI, FEB 11, 2021 As part of its CSR initiative and in an endeavour to provide inclusive and equitable quality education, Dalmia Cement (Bharat) Ltd. (DCBL) today inaugurated a new school building at Harishankar Vidya Mandir in Barunia, Jajpur. DCBL has constructed one classroom of the school and renovated the other two classrooms. For this initiative, the company ...

TBB BUREAU NEW DELHI, FEB 11, 2021 Ahoy Bikes has launched the world’s first electroluminescent-technology-based bikes for Indians. The newly launched Made-in-India bikes, with patented technology, provides a cycling experience with unparalleled safety on road. The company plans to market its product across India with a wide dealership network-presently with 200 dealers. A wide range of luminous bikes will be ...

TBB BUREAU ROURKELA, FEB 11, 2021 As part of its CSR initiatives, Rourkela Steel Plant (RSP) facilitated conducting of a sewing training programme for the women of its peripheral villages, industrial slums and those belonging to financially stressed background. The effort was the joint venture of National Building Construction Corporation Limited’s CSR wing and USHA Silai under ‘Kushalta ke Kadam’ ...

TBB BUREAU ROURKELA, FEB 11, 2021 Rourkela Steel Plant (RSP) has clocked the best ever monthly specific energy consumption of 5.94 Giga calories per tonne of crude steel (Gcal/TCS) in January, 2021. The remarkable achievement in the key techno-economic front compliments the record production performances by major units of the Steel Plant. Notably, the previous best monthly specific energy consumption ...

TBB BUREAU BHUBANESWAR, FEB 11, 2021 In view of the ongoing financial literacy week by RBI, a mega farmers’ financial literacy camp was organised by the State Bank of India (SBI) at Jagannathpur, Balianta. More than 600 farmers attended the camp. The camp was inaugurated by Khordha Collector Sanat Kumar Mohanty in presence of SBI Bhubaneswar Circle Chief General Manager ...

TBB BUREAU BHUBANESWAR, FEB 11, 2021 Blue Star Limited aims at doubling its sales from the commercial refrigeration segment in the next three years as the company is witnessing an uptick in demand for its products in the segment in the wake of the COVID-19 pandemic. According to Blue Star Managing Director B Thiagarajan, the pandemic has created an opportunity ...

TBB BUREAU BHUBANESWAR, FEB 10, 2021 TPCODL (TP Central Odisha Distribution Limited), a joint venture of Tata Power and Government of Odisha, in association with the Bureau of Energy Efficiency (BEE) and Federation of Indian Chamber of Commerce and Industry (FICCI), has organised a two-day training programme on “Demand Side Management & Energy Efficiency”. As many as 35 engineers participated ...

TBB BUREAU NEW DELHI, FEB 10, 2021 Public sector lender Punjab National Bank (PNB) on Wednesday signed a Memorandum of Understanding (MoU) with Indian Oil Corporation Ltd to cater to the financing needs of IndianOil dealers. The MOU would benefit dealers with credit facilities at lower interest rates, nil margin, and with minimum or zero collateral requirements through the PNB ...

TBB BUREAU BHUBANESWAR, FEB 10, 2021 Electropreneur Park-Bhubaneswar (EP-Bhubaneswar) in association with Bhubaneswar Smart City Ltd. (BSCL), has launched Smart City Challenge & Outcome for Urban Tans formation (SCOUT-2021), a pan India idea contest/hackathons for smart city solutions. SCOUT 2021 was launched by Dr. Omkar Rai, Director General, STPI, Manoj Mishra, Secretary, Electronics & IT, Govt. of Odisha, Prem Chandra Chaudhary, CEO, Bhubaneswar Smart City ...

TBB BUREAU BHUBANESWAR, FEB 10, 2021 India’s leading online matrimony company Matrimony.com today announced the creation of a new brand identity – WeddingBazaar.com, India’s largest wedding marketplace from the earlier avatar of MatrimonyBazaar. With more than 40,000 service providers offering a range of services in 73 cities, WeddingBazaar differentiates itself in the category with verified service partners through a partnership ...

PRIYABRAT BISWAL BHUBANESWAR, FEB 9, 2021 In a bid to strengthen its vaccine cold-chain infrastructure, Godrej Appliances, the business unit of Godrej & Boyce, has added ultra-low temperature freezers to its portfolio. These advanced medical freezers can preserve life-saving medical supplies including critical vaccines below -80°C and are aimed at boosting both Indian and global medical cold chain. Godrej Appliances ...

TBB BUREAU NEW DELHI, FEB 9, 2021 Vehicle registrations in January 2021 declined 9.66 per cent on a year-on-year (YoY) basis. Data released by the Federation of Automobile Dealers Associations (FADA) on Tuesday showed that over 15.92 lakh vehicles were registered in January 2021, as against over 17.63 lakh units in the corresponding month year ago. The fall comes after ...

TBB BUREAU BHUBANESWAR, FEB 8, 2021 As part of its corporate social responsibility, Dalmia Cement (Bharat) Limited’s Lanjiberna Mines has installed over 200 solar streetlights in several villages in Sundergarh district. The villages include Bihabandh, Bheluadih, Gyanapali, Domposh, Lanjiberna, Khatang, Tungritoli, Alanda, Pelkapada, Merumdega etc. In the evening village roads get submerged in darkness. To avoid accidents caused due to ...

TBB BUREAU TIKIRI/BHUBANESWAR, FEB 8, 2021 The Regional Environment and Mineral Awareness Program (EMAP) was successfully organized at Baphlimali mines area of Utkal Alumina International Limited (UAIL), a unit of Hindalco Industries of Aditya Birla Group under the banner of the Society of Geoscientists & Allied Technologists, Bhubaneswar. The programme was designed for the students of Govt. UG High school, ...

TBB BUREAU ROURKELA, FEB 6, 2021 Rourkela Steel Plant (RSP), a unit of the Maharatna Company SAIL, has set a new record by producing 3,110 tonnes of hot metal on Friday from its Blast Furnaces-4 (Annapurna). The previous best of 3022 Tonnes was recorded on 31st December 2020 from the same furnace.   The Blast Furnace with a useful volume of ...

TBB BUREAU NEW DELHI, FEB 5 State-owned Punjab National Bank (PNB) today reported 18.5 per cent year-on-year decline in its net profit to Rs 506 crore for the quarter ended December 31, 2020 (Q3FY21). The lender reported a net interest income of Rs 8,313 crore in the reported quarter. PNB’s reported gross non-performing assets ratio at the end of the ...

Vedanta to implement ‘Advika’ program through Nand Ghars TBB BUREAU LANJIGARH, FEB 5 The Lanjigarh Unit of Vedanta Limited has joined hands with the Women & Child Development Department of the Odisha government for implementation of the recently launched ‘Advika’ programme, in Kalahandi and Rayagada districts through its Nand Ghars, located in these locations. This program has been designed with ...

TBB BUREAU ROURKELA, FEB 5, 2021 Captive Power Plant #3 of Rourkela Steel Plant (RSP) consisting of Steam Turbine Generators in Power Blowing Station, Top Recovery Turbine Generator and Back Pressure Turbine Generator generated a record of 48.11 MW of electrical power on Wednesday. This is the highest average daily power generation in CPP#3 since the inception of these units ...

TBB BUREAU BHUBANESWAR, FEB 4, 2021 The Union Government has allocated Rs 6,995.58 crore to Odisha for financial year 2021-22 for various railway projects in the state. registering an increase of over 60 per cent against last year’s budgetary allocation of Rs 4,373 crore, the East Coast Railway (ECoR) said today. “Allotment has been significant for projects to be completed ...

TBB BUREAU ANGUL, FEB 4 East Coast Railway’s Khurda Road Division Divisional Railway Manager Sashi Kant Singh today visited Jindal Steel & Power Ltd (JSPL)’s integrated steel complex at Angul to discuss mutual cooperation and growth. Accompanied by JSPL’s Managing Director VR Sharma and other senior officials, Singh visited various units of the plant and discussed better collaboration between JSPL ...

TBB BUREAU ROURKELA, FEB 4, 2021 Rourkela Steel Plant (RSP) began the calendar year 2021 with a record monthly performance in January. Continuing the success spree with which it had ended the year 2020, the Steel Plant marched ahead to register the best ever monthly saleable steel production in the first month of the year. RSP produced 3,31,003 tonnes of ...

TBB BUREAU BHUBANESWAR, FEB 4, 2021 In view of the severe cold caused by the outbreak of cold wave, the CSR wing of Dalmia Cement (Bharat) Limited’s Lanjiberna Limestone and Dolomite Mines distributed blankets among 500 senior citizens of Lanjiberna and Kheramuta villages of Sundargarh district. The blanket distribution programme was inaugurated by Sangam Mahila Mandal President Sunita Gupta. Tapan ...

TBB BUREAU MUMBAI, FEB 4, 2021 Reliance Marcellus, LLC, a wholly owned subsidiary of Reliance Industries Limited toay announced the signing of agreements to divest all of its interest in certain upstream assets in the Marcellus shale play of south-western Pennsylvania. These assets, which are currently operated by various affiliates of EQT Corporation, have been agreed to be sold to ...