TBB BUREAU BHUBANESWAR, JANUARY 17, 2021 NALCO Director (HR) Radhashyam Mahapatro has taken over as the Chairman of the Utkal Chapter of National Institute of Personnel Management (NIPM). He was unanimously selected as the Chairman of the chapter in the Executive Committee meeting held here today. With more than three decades of experience in power, oil and coal sectors in ...

TBB BUREAU NEW DELHI/BHUBANESWAR, JANUARY 17, 2021 JSPL Foundation Chairperson Shallu Jindal has been honored as one of the ‘Top 10 Impact Leaders of India’ during the ‘India CSR Leadership Summit-2021’, organized by India CSR Network on Saturday. She received the prestigious ‘Impact Leader Award’ for her contribution in building a Resilient India during the COVID-19 pandemic. Accepting the award, ...

TBB BUREAU BHUBANESWAR, JANUARY 16, 2021 With a view to create awareness among the consumers of fossil fuels, Petroleum Conservation Research Association (PCRA) and Oil Industry under the aegis of Ministry of Petroleum & Natural Gas launched a month-long campaign ‘Saksham’, here on Saturday. Saksham aims at bringing awareness among the people on need of oil and gas conservation and ...

TBB BUREAU BHUBANESWAR/TIKIRI, JANUARY 16, 2021 As part of the nationwide rollout of the Covid-19 vaccine today, the Rayagada district administration has chosen UAIL-run Utkal Hospital at Ossapada in Tikiri as the vaccination rollout site for Tikiri and its surrounding areas. Utkal Hospital is a healthcare initiative of Utkal Alumina International Limited (UAIL), a a 100 percent subsidiary of Aditya ...

TBB BUREAU BHUBANESWAR, JANUARY 15, 2021 Public sector lender Punjab National Bank (PNB) has dedicated six of its branches to war heroes who were conferred gallantry awards in various battles and operations. PNB’s Jalandhar Cantonment branch has been named after Flying Officer Nirmaljit Singh Sekhon, the only IAF officer to have been decorated with the nation’s highest gallantry award Param ...

TBB BUREAU BHUBANESWAR, JANUARY 15, 2021 French oil and gas major Total has marked its entry into the LPG distribution business in the capital city of Odisha as it appointed ‘Absolute Total Distributors’ as the authorised distributors for Khurda District. The offerings include various sizes for LPG cylinders including 12 Kgs, 17 Kgs, 33 Kgs for both commercial and domestic ...

TBB BUREAU PARADIP, JANUARY 15, 2021 A fire mock drill was conducted by the CISF Fire Wing of Paradip Port Trust (PPT) in coordination with Safety professionals of PPT under the guidance of M Biswal, Commandant, CISF. All the fire tenders were deployed for the purpose. RN Panigrahi and PK Kar were the observers from the PPT side. PPT Deputy ...

TBB BUREAU BHUBANESWAR, JANUARY 15, 2021 Union Minister for Steel and Petroleum & Natural Gas Dharmendra Pradhan on Friday exhorted the steel industry leaders to focus on making the industry export-centric and fulfil global requirements too. Addressing a webinar on “New opportunities for steel in construction and infrastructure” organised by the Indian Steel Association, the Minister said, “Aatmanirbhar Bharat and ...

TBB BUREAU BHUBANESWAR, JANUARY 15, 2021 The Pension Fund Regulatory and Development Authority (PFRDA) has allowed National Pension System (NPS) subscribers to partially withdraw amount via self-declaration and receive the amount on the fifth day in their bank accounts.  “PFRDA had taken a series of digital initiatives to reduce turnaround time (TAT) for most of its processes and functions in ...

PRIYABRAT BISWAL BHUBANESWAR, JANUARY 14, 2021 Leading power sector lender Power Finance Corporation Limited (PFC) on Thursday announced that it would open its Rs 5,000 crore public issue of secured, redeemable Non-Convertible Debentures (NCDs) on January 15, 2021. The NCDs are of face value of Rs 1,000 each. The base issue size is Rs 500 crore with an option to ...

TBB BUREAU BHUBANESWAR, JANUARY 14, 2021 TP Central Odisha Distribution Ltd. (TPCODL), a joint venture between Tata Power and the Government of Odisha, inaugurated an all-women Customer Care Center at Puri Division Office which is the second such center of the discom in Odisha. The Customer Care Center was inaugurated by Puri Deputy Collector Itishree Nayak, in presence of TPCODL’s ...

Sterlite Power appoints Amitabh Prasad as Brazil CEO TBB BUREAU SAO PAULO, JAN 14 Sterlite Power, a leading global developer of power transmission, today announced the appointment of Amitabh Prasad as CEO, Sterlite Power Brazil. After two years of association with the company in various leadership positions, Ricardo Cleber Zangirolami has decided to step down from the CEO position due ...

TBB BUREAU BHUBANESWAR, JANUARY 14, 2021  Reliance Jio has once again topped the 4G download speed chart with average download speed of 20.2 megabit per second (Mbps) in December 2020, as per the latest 4G download speed chart published by TRAI.  The average 4G download speed achieved by Jio in the month of December 2020 is more than double the ...

PRIYABRAT BISWAL NEW DELHI/BHUBANESWAR, JAN 14            Appreciating the efforts of the ICSI for playing a pivotal role in promoting the cause of Good Corporate Governance, Union Commerce & Industry Minister Piyush Goyal said the premier institute’s motto reflects our country’s own corporate governance standards. Speaking at the ICSI National Awards for Excellence in Corporate Governance 2020 on Wednesday, Minister ...

TBB BUREAU JAMSHEDPUR/JAJPUR, JAN 12 Day 2 at Dhwani commenced with reflecting on the thoughts and perspectives laid down by India’s foremost thinkers, Swami Vivekananda – Arise, awake, and stop not till the goal is reached. Joining the conclave digitally were over 900 youngsters from 8 locations across Jharkhand and Odisha. In a session with Ravi Choudhary and Anjali Dalmia, ...

PRIYABRAT BISWAL BHUBANESWAR, JANUARY 12, 2021 In an endeavour to participate in building future of industry and future of economy through focus on Nature, People and Planet, Dalmia Cement (Bharat) Ltd., a subsidiary of Dalmia Bharat Limited has pledged support to Prince Charles, for the newly launched green initiative Terra Carta – a sustainable roadmap to 2030 for businesses to ...

TBB BUREAU MUMBAI, JANUARY 12, 2021 Sunteck Realty Ltd on Tuesday said its sales bookings increased 7 per cent year-on-year to Rs 349 crore in the third quarter of this fiscal on better demand. In a regulatory filing, the Mumbai-based developer said its sales bookings stood at Rs 349 crore during October-December quarter, as against Rs 325 crore in the ...

TBB BUREAU JAMSHEDPUR/ JAJPUR, JANUARY 11, 2021      “Failure should be accepted with the same spirit as we embrace success,” Tata Steel Foundation Chairman T V Narendran advised the enthusiastic young participants of the youth conclave Dhwani, organised by Tata Steel on virtual mode on Monday. Happy to see the enthusiastic participation by the youngsters of Jharkhand and Odisha online ...

BHEL secures Rs 450 crore order for steam and power plant from NALCO TBB BUREAU NEW DELHI, JANUARY 11, 2021 State-owned engineering firm Bharat Heavy Electricals Limited (BHEL)  has bagged an order worth Rs 450 crore for a steam and power plant from National Aluminium Corporation Limited (NALCO). The order has been placed on BHEL by NALCO for its 5th ...

TBB BUREAU/PTI AHMEDABAD, JAUARY 11, 2021 Adani Green Energy Ltd (AGEL) on Monday said it has commissioned a 25 MW solar power plant in Chitrakoot, Uttar Pradesh. Adani Solar Energy Chitrakoot One Ltd, a step-down subsidiary of AGEL, has commissioned the solar power plant, AGEL said in a statement. This plant has a power purchase agreement with Noida Power Company ...

TBB BUREAU MUMBAI, JANUARY 11, 2021 In a continued focus to put its customers’ interests at the forefront, Axis Bank, India’s third-largest private sector bank, on Monday announced the removal of penalty on premature closure of all new retail term deposits booked on or after December 15, 2020 for a tenure of 2 years or more. The objective of this ...

TBB BUREAU NEW DELHI, JANUARY 11, 2021 Global power transmission player Sterlite Power on Monday announced that it has raised Rs 200 crore in debt financing from Allianz Global Investors (Allianz GI), one of the world’s leading investment managers with a focus on sustainable investments. This transaction is one of the first infrastructure sector financing deals for Allianz GI in ...

TBB BUREAU NEW DELHI, JANUARY 11, 2021 Vehicle registrations in December 2020 registered an 11 per cent growth on a year-on-year (YoY) basis, the first positive growth in a month in the current financial year, largely due to festival spill over demand and pre-buying due to announcement of price hike in January ’21. Data released by the Federation of Automobile ...

TBB BUREAU TIKIRI/RAYAGADA, JAN 10 A cleanliness drive along with a mass awareness programme on health and hygiene was conducted at Dwimundi village, here today with proactive participation of the villagers and Utkal Alumina International Limited (UAIL) staff. The main objective activity of this activity was creating awareness on the importance of cleanliness and mobilizing people to maintain the best ...

TBB BUREAU NEW DELHI, JANUARY 9, 2021 Vedanta Aluminium has bagged the ‘Most Innovative Best Practice’ Award at the Digital Transformation (DX) Summit & Awards 2020. Organized by CII – Centre for Digital Transformation (CDT), the DX Award provides a prestigious platform for the industry’s best to showcase superlative efforts and achievements in the realm of digital transformation, offering unparalleled ...

TBB BUREAU BHUBANESWAR, JANUARY 9, 2021 Tata Steel Foundation is all set to organise ‘Dhwani’, a youth conclave on January 11-12. Coinciding with National Youth Day, the fourth edition of Dhwani will be hosted on virtual platforms this year. Revolving around the United Nations theme for International Youth Day, Dhwani aspires to provide a platform to youngsters to network and ...

PRIYABRAT BISWAL BHUBANESWAR, JANUARY 9, 2021 Fast fashion brand and international retailer Hennes and Murtitz AB (H&M) entered the Odisha market with opening of a new store in Bhubaneswar on Saturday. The world’s second largest fashion retailer H&M, which had made its India debut in the Select Citywalk Mall in New Delhi in October 2015, opened doors to its latest ...

TBB BUREAU BHUBANESWAR, JANUARY 8, 2021 Mineral Exploration Corporation Limited (MECL) has entered into an agreement with Odisha Mineral Exploration Corporation Limited (OMECL) for augmenting the exploration of the rich mineral resources in Odisha. A memorandum of understanding (MoU) to this effect was signed by Ranjit Rath, CMD, MECL and Vineel Krishna, Managing Director OMECL, at Bhubaneswar on Friday in ...

TBB BUREAU TALCHER (ANGUL), JANUARY 8, 2021 Coal India Limited (CIL) would cross 650 million tonne production mark during the current financial, CIL Chairman Pramod Agrawal said on Friday. Coal India had produced 405 million tonne coal by third financial quarter ending December 31, 2020, which has a contribution of 101.8 million tonne from Odisha-based Mahanadi Coalfields Limited (MCL).  Agrawal ...

TBB BUREAU MUMBAI, JANUARY 8, 2021 With an aim to offer attractive concessions to the home buyers, country’s largest lender, State Bank of India (SBI) on Friday announced further interest concession of upto 30 bps on home loans and 100 percent waiver on processing fees. “SBI, being a leader in home finance, will continue to make endeavours in reviving consumer ...

TBB BUREAU MUMBAI, JANUARY 8, 2021 Raising the bar with newer offerings for the customers in the New Year, India’s largest lender State Bank of India (SBI) and country’s largest fuel retailer Indian Oil Corporation Limited (IOCL) launched co-branded contactless Rupay debit card. SBI Chairman Dinesh Kumar Khara and IndianOil Chairman Shrikant Madhav Vaidya launched the SBI-Indian Oil RuPay Debit ...

TBB BUREAU BENGALURU, JANUARY 8, 2021 Taiwanese brand Acer on Friday unveiled a host of new products in its expanding Predator and Nitro portfolios with three gaming monitors suited to a wide range of gamers, from elite professionals requiring top-of-the line technology to casual gamers who play for fun. Additionally, Acer is the first to deliver TÜV Rheinland Eyesafe certified ...

TBB BUREAU NEW DELHI, JANUARY 7, 2021 Punjab National Bank (PNB) has announced an alliance with Institute of Technology (IIT) Kanpur and FIRST (Foundation for Innovation & Research in Science & Technology), to jointly establish the Punjab National Bank – IIT Kanpur Innovation Centre at the IIT campus. The MoU was signed at the PNB Headquarters, here, in presence of ...

TBB BUREAU ANGUL, JANUARY 7, 2021 During his visit to the Women Livelihood Center set up by JSPL Foundation, the CSR Arm of Jindal Steel & Power Ltd (JSPL), at Village Bada Mahitala under Chhendipada Block, Angul Collector Siddharth Shankar Swain lauded the initiatives taken by the Foundation to empower rural women. The Collector visited mushroom spawn making, mushroom cultivation, ...

TBB BUREAU BHUBANESWAR, JANUARY 7, 2021 Tata Power, India’s largest integrated power utility, on Thursday announced that it has taken over the management and operations of WESCO and SOUTHCO upon completion of sale process. Now, WESCO and SOUTHCO will operate under the names TP Western Odisha Distribution Limited (TPWODL) and TP Southern Odisha Distribution Limited (TPSODL), respectively. With this takeover, ...

TBB BUREAU BHUBANESWAR, JANUARY 07, 2021 “It is indeed commendable that NALCO, which started with a modest investment way back in 1981 continues its leadership position with excellent performance for more than four decades. Forty glorious years of sustainable growth reflects the fact that NALCO has matured in the business cycle and now exponential growth and expansion will take this ...

TBB BUREAU BHUBANESWAR, JANUARY 7, 2021 The Institute of Company Secretaries of India (ICSI), New Delhi and Xavier University, Bhubaneswar signed a memorandum of understanding (MoU) for academic collaboration, through virtual mode today. Speaking on the occasion, ICSI President Ashish Garg said that it’s an auspicious day for the ICSI and Xavier University as both the institutes join hands for ...

TBB BUREAU BHUBANESWAR, JANUARY 6, 2021           While working towards providing uninterrupted power supply to the consumers even during the pandemic, Tata Power Central Odisha Distribution Limited (TPCODL) has to bear huge losses due to power theft. This unethical practice ultimately hinders development of infrastructure to extend services to under-served areas and improve services to existing customers. Ultimately, the burden ...

TBB BUREAU BHUBANESWAR, JANUARY 6, 2021 India’s favourite furniture brand, Nilkamal has recently introduced India’s first holistic sleep solutions brand – Doctor Dreams. Targeted towards millennial digital savvy audience, the brand offers a variety of products, solutions and digital experiences including innovative mattresses, mattress protectors, pillows, beds and more that can be accessed by consumers at their convenience, at the ...

TBB BUREAU BHUBANESWAR, JANUARY 6, 2021 Aditya Aluminium’s CSR Project Saksham is changing the lives of underprivileged women in 23 villages under Rengali Block of Sambalpur district. Enlisting 853 members across 78 Self-Help Groups (SHGs) and honing their skills, Aditya Aluminium has helped these women rise on their own. Various structured entrepreneurship and economic empowerment programmes have helped provide them ...

TBB BUREAU MUMBAI, JANUARY 6, 2021 India’s third largest private sector bank, Axis Bank on Wednesday announced its partnership with Hyundai Motor India Limited (HMIL) to offer the auto retail financing solutions to its customers through Hyundai’s end-to-end online automotive retail platform ‘Click to Buy’ (CTB). The partnership will allow customers to view, process and avail auto loan sanction directly ...

TBB BUREAU SAMBALPUR, JANUARY 5, 2021  Retired employees of Coal India Limited (CIL) and its subsidiary companies who have been paid pension for at least one month can now submit their Life Certificate online through Jeevan Pramaan Application by visiting the nearest Citizen Service Centre (CSC) or banks which have such facility.  Jeevan Pramaan is a biometrically enabled digital service ...

TBB BUREAU PARADIP, JANUARY 5, 2021 Within four days of approval by the Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi, Paradip Port Trust (PPT) floated a global tender for the project of “Deepening and Optimization of Inner Harbour Facilities including Development of Western Dock on Build, Operate and Transfer (BOT) basis under Public-Private Partnership (PPP) mode ...

TBB BUREAU NEW DELHI, JANUARY 5, 2021 Bandhan Bank on Tuesday signed a Memorandum of Understanding (MoU) with the Indian Army for the Bandhan Bank Shaurya Salary Account which comes with banking privileges meant for the bravehearts of the Indian Army. The MoU was signed by Lt. Gen. Ravin Khosla, DG (MP & PS), Indian Army, and Chandra Shekhar Ghosh, ...

TBB BUREAU HYDERABAD, JANUARY 5, 2021 Practically, a product of 3rd Flix Visual Effects Pvt Ltd, on Tuesday announced that it has raised $4 million in a pre-Series B round. The round was led by Siana Capital, a deep tech investor, with participation from existing investors YourNest Venture Capital and Exfinity Ventures. The company had previously raised Series A funding ...

TBB BUREAU NEW DELHI, JANUARY 5, 2021 As eyebrows were raised when the television commercial starring former India skipper and BCCI president Sourav Ganguly wasn’t to be seen after the former cricketer was admitted to the Woodlands Hospital in Kolkata with “chest discomfort, heaviness of head, vomiting and a spell of dizziness”, Adani Wilmar Deputy CEO Angshu Mallick on Tuesday ...

TBB BUREAU MUMBAI, JANUARY 4, 2021 IDBI Bank on Monday announced the launch of video KYC account opening (VAO) facility for savings bank accounts. Through the facility, a customer can open a savings account with the lender from the convenience of his/her home or office as there are no physical forms to be filled or visits to be made to ...

TBB BUREAU RAIPUR, JANUARY 2, 2021 Industrialist Naveen Jindal-owned JSPL said its subsidiary Jindal Power Limited (JPL) has been declared as the successful bidder for a block of Gare Palma coal mine in Chhattisgarh. In a statement, Jindal Steel and Power Ltd (JSPL) said the Union Coal Ministry has declared Jindal Power Limited as the successful bidder for Gare Palma ...

TBB BUREAU BHUBANESWAR, JANUARY 1, 2021: Furthering the Prime Minister’s vision of a Digital India, Petroleum Minister Dharmendra Pradhan on Friday launched a unique missed call facility for booking LPG refills and registration of new connections. The facility has been brought as a New Year bonanza for Indane LPG customers. Inaugurating the missed call facility and terming it as a ...

TBB BUREAU ANGUL, JANUARY 1, 2021 For Jindal Steel and Power Ltd. (JSPL) safety always comes first. The leading steelmaker started the New Year with a Mass Safety Oath organized by its Safety Department here. All the Head of the Departments (HoDs), along with their staff and workers took the pledge to follow safety rules and make JSPL’s Angul unit ...