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RSP’s Silicon Steel Mill sets new benchmark in monthly production

TBB BUREAU ROURKELA, SEPT 1, 2022               Continuing its record breaking spree, Silicon Steel Mill of SAIL-run Rourkela Steel Plant (RSP) has registered a new record in monthly production by rolling 7,525 tonnes of saleable steel in August 2022. This is the highest saleable steel production of the unit. The previous best of 7,505 tonnes was achieved in May 2008. ...

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Ashok Leyland bags mega order for 1,400 school buses

TBB BUREAU CHENNAI, SEPT 01, 2022 Ashok Leyland, the flagship brand of the Hinduja Group, the fourth largest bus manufacturer in the world and a transnational transportation and mobility solutions leader, today announced bagging orders from major fleets for 1,400 school buses in UAE- the company’s largest ever supply of school buses in UAE. The 55-seater Falcon bus and 32-seater ...

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TVS Motor sales grows by 15pc in August 2022

TBB BUREAU HOSUR, SEPT 01, 2022     TVS Motor Company registered a growth of 15% in August 2022 with sales of 333,787 units as against 290,694 units in the corresponding month in the year 2021.  Total two-wheelers registered a growth of 15% in August 2022 with sales increasing from 274,313 units in August 2021 to 315,539 units in August 2022.  Domestic ...

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UPI transactions reach 657 crore in August worth Rs 10.72 lakh cr

TBB BUREAU NEW DELHI, SEPT 01, 2022 The Unified Payments Interface (UPI) registered a record 657 crore transactions worth Rs 10.72 lakh crore in August 2022, the National Payments Corporation of India (NPCI) data showed on Thursday. The year-on-year (YoY) growth in UPI volumes is up almost 100 per cent and amounts transacted grew by 75 per cent YoY in ...

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How Golden Records Citizen Database Can Empower Governance

Priyadarshi Nanu Pany Just think how easy it would be for us if we could just approve a pre-filled Income Tax (IT) returns form. An auto-generated tax return means a break from the drudgery of filling in details! Can we make this possible? Yes, if the governments have a master data repository of citizens’ data. Or a golden records database ...

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GST collection up 28pc at Rs 1.43 lakh cr in August 2022

TBB BUREAU NEW DELHI, SEPT 01, 2022             Riding on rising demand, higher rates, and greater compliance, India’s tax collection from the sale of goods and services increased by 28 per cent to Rs 1.43 lakh crore in August 2022.            The GST collection remained above the Rs 1.4-lakh-crore mark for the sixth straight month in August and the ensuing ...

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Odisha CM invites industries to invest ahead of ‘Make In Odisha’ Conclave

TBB BUREAU NEW DELHI, AUG 31, 2022 Addressing the Investors’ meet and curtain raiser for the ‘Make in Odisha’ Conclave in the national capital on Wednesday, Odisha Chief Minister Naveen Patnaik urged the investors to invest in Odisha. In a continuing effort to be the country’s leading investment destination, the Odisha Government, in collaboration with the Federation of Indian Chambers ...

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NTPC gets shareholders’ nod to raise up to Rs 12K Cr via NCD

TBB BUREAU NEW DELHI, AUG 31, 2022 India’s largest energy conglomerate NTPC Ltd has got shareholders’ approval to raise up to Rs 12,000 crore through issuance of non-convertible debentures (NCD) on private placement basis. A resolution to this effect was passed with requisite majority in the annual general meeting of the company held on Tuesday. The funds to be raised ...

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Vedanta Aluminium pledges to strengthen grassroots sporting culture

TBB BUREAU JHARSUGUDA/LANJIGARH, AUG 30, 2022 On National Sports Day, Vedanta Aluminium pledged to strengthen grassroots sporting culture with the participation of young talent from local communities in and around its areas of operations. In pursuit of this aim, Vedanta Aluminium has been actively supporting several sports formats, events and training programs in Jharsuguda, Lanjigarh and nearby areas. Sports being ...

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TPCODL partners with Anyline for accurate spot billing through OCR

TBB BUREAU BHUBANESWAR, AUG 30, 2022 Tata Power Central Odisha Distribution Limited (TPCODL) announced partnership with Anyline, a global leader in mobile data capture and artificial intelligence, to reduce non-technical losses and support spot billing processes for field workers and customers. This industry-first innovation marks the first use of optical character recognition (OCR) for meter reading by TPCODL and is ...

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