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Mayukh Dealtrade to raise Rs. 49 crore via Rights issue, announces 5-for-1 stock split

Mumbai, October 10, 2024 (TBB Bureau):  Mayukh Dealtrade Limited, a BSE-listed company engaged in the manufacturing of industrial burners, has announced plans to raise up to Rs. 49 crore through a rights issue of equity shares. The proposal, approved by the Board of Directors on August 30, 2024, is aimed at enhancing the company’s growth trajectory. The funds will be ...

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Vedanta Aluminium becomes first Indian smelter to connect to LME Passport platform

New Delhi, October 10, 2024 (TBB Bureau): Vedanta Aluminium, India’s largest aluminium producer, has achieved a significant milestone by becoming the first Indian smelter to integrate with the London Metal Exchange (LME) Passport platform. This landmark achievement positions Vedanta Aluminium as one of only five primary aluminium producers globally to digitally connect its metal quality analysis system with the LME ...

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Olympic champion Neeraj Chopra inaugurates Under Armour’s first store in Odisha

Bhubaneswar, October 10, 2024 (TBB Bureau): Under Armour, the global sportswear giant, has made its much-anticipated debut in Odisha with the opening of its first exclusive store at Bhubaneswar’s Nexus Esplanade Mall on Thursday. The store was inaugurated by none other than Olympic and World Champion Neeraj Chopra, who received a warm welcome from sports enthusiasts, fitness buffs, and his ...

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Ageas Federal Life Insurance appoints Jude Gomes as New MD & CEO

Mumbai, October 10, 2024 (TBB Bureau): Ageas Federal Life Insurance Company Limited proudly announces the appointment of Jude Gomes as the new Managing Director & Chief Executive Officer (MD & CEO). This appointment has received the necessary approval from the Insurance Regulatory and Development Authority of India (IRDAI). Jude Gomes, a seasoned industry leader, brings over three decades of extensive ...

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Vedanta Aluminium promotes health awareness in Jharsuguda villages

Jharsuguda, October 10, 2024 (TBB Bureau): Vedanta Aluminium, India’s largest aluminium producer, in collaboration with the District Health Department of Jharsuguda, organized a health awareness program in the villages of Sunarimunda and Brundamal. The initiative, which reached over 200 local residents, underscores Vedanta Aluminium’s commitment to enhancing the health and well-being of the communities around its operations. The event featured ...

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Jindal Steel & Power wins prestigious ICC Award for Business Excellence in Sustainability

Bhubaneswar, October 9, 2024 (TBB Bureau): Leading steelmaker Jindal Steel & Power (JSP) has reaffirmed its commitment to sustainable corporate social responsibility by winning the Business Excellence in Sustainability Award in the manufacturing category at the 2nd Annual Symposium and Excellence Awards 2024, organized by the Indian Chamber of Commerce in New Delhi on Wednesday. This prestigious award recognizes JSP’s ...

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NTPC recognized among Forbes World’s Best Employers 2024

Ranchi, October 9, 2024 (TBB Bureau): NTPC Limited, India’s largest power utility, has earned a spot among the “World’s Best Employers 2024” in the prestigious Forbes list, released on October 8, 2024. This recognition places NTPC among the top 500 companies globally and marks it as the only Indian Maharatna CPSE to be included. The Forbes World’s Best Employers list, ...

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Britannia and Bel Group expand strategic partnership with local cheese manufacturing in India

Bhubaneswar, October 9, 2024 (TBB Bureau): Britannia Bel Foods, a leading player in India’s cheese industry, has announced the opening of its state-of-the-art cheese manufacturing facility in Maharashtra, marking a new milestone in its joint venture with the global dairy leader, Bel Group. The factory will locally produce Britannia The Laughing Cow products, catering to the Indian market while empowering ...

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Amway India intensifies campaign to safeguard consumer wellbeing and support distributors

Bhubaneswar, October 9, 2024 (TBB Bureau): In a significant step to reinforce its commitment to consumer protection and distributor support, Amway India, a prominent leader in health and wellness, has launched a robust awareness campaign against unauthorized sales of its products. The initiative is aimed at educating consumers and stakeholders about the risks of purchasing products from unauthorized channels, while ...

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RBI retains repo rate at 6.5pc, projects FY25 growth at 7.2pc

New Delhi, October 9, 2024 (TBB Bureau): The Reserve Bank of India (RBI) has once again opted to maintain the repo rate at 6.5 per cent, signaling a steady approach amid global economic uncertainties. The decision came during the Monetary Policy Committee (MPC) meeting on Wednesday, where the central bank also retained its FY25 real GDP growth forecast at 7.2%. ...

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Vedanta Aluminium unveils sustainable innovations at ALUMINIUM 2024 in Düsseldorf

DÜSSELDORF, OCTOBER 8, 2024 (TBB BUREAU): Vedanta Aluminium, India’s leading aluminium producer, is gearing up to showcase its pioneering sustainable aluminium solutions at the prestigious ‘ALUMINIUM 2024’ world trade fair in Düsseldorf, Germany. Visitors can explore Vedanta’s extensive product portfolio, including its groundbreaking sustainable offerings under the ‘Restora’ brand, at Hall No. 6, Booth No. 64D5. As the cornerstone of ...

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Sonalika achieves record domestic sales of 63,136 tractors, outpaces industry growth by 7x

New Delhi, October 8, 2024 (TBB Bureau): Sonalika Tractors, India’s No. 1 tractor export brand, has once again demonstrated its dominance in the tractor industry by setting a new performance milestone for FY ’25. At the start of the festive season, the company has recorded its highest-ever domestic year-to-date (YTD) sales of 63,136 tractors, achieving an astounding 7-time growth compared ...

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Nuvoco Vistas secures key limestone blocks, boosts operational efficiency in Rajasthan

Rajasthan, October 8, 2024 (TBB Bureau): Nuvoco Vistas Corp. Ltd., India’s fifth-largest cement manufacturer, has emerged as the preferred bidder for three crucial limestone blocks—NB-01, NB-02, and NB-03—located in Nimbol, Tehsil Jaitaran, District Beawar, Rajasthan. These blocks, spanning 41.37 hectares and containing an estimated 28.43 million tons of limestone, were won during the recently concluded auctions conducted by the Government ...

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Motorola unveils festive discounts and new color variants for popular smartphones during Flipkart’s Big Billion Days Sale

New Delhi, October 8, 2024 (TBB Bureau): Motorola, a global leader in mobile technology and innovation, has announced significant festive discounts and new color variants across its most popular smartphones during Flipkart’s Big Billion Days Sale. As part of its “Hello Colours, Hello AI” campaign, Motorola showcases its unique design and color language with new offerings for models like the ...

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Peter England expands presence in Odisha with new flagship store in Bhubaneswar

Bhubaneswar, October 8, 2024 (TBB Bureau): Peter England, one of India’s leading menswear brands under Aditya Birla Fashion and Retail Ltd., has bolstered its presence in Eastern India with the launch of a brand-new flagship store in Bhubaneswar. The spacious 1,700-square-foot outlet, located in the bustling Kharvela Nagar area, aims to redefine the shopping experience for Odisha’s style-conscious men. Odisha’s ...

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Union Bank of India celebrates Hindi Diwas

Mumbai, October 07, 2024 (TBB Bureau): Union Bank of India, one of the country’s premier public sector banks, celebrated Hindi Diwas with great enthusiasm at the Y B Chavan Auditorium, Nariman Point, Mumbai. The event, held on Monday, underscored the bank’s commitment to promoting Hindi and local languages, with A. Manimekhalai, MD & CEO, presiding over the ceremony. Also in ...

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NTPC Bongaigaon enhances girl empowerment with new dormitory and sanitation facilities at JNV Basugaon

Bongaigaon, October 7, 2024 (TBB Bureau): In a significant move to bolster sanitation infrastructure at Jawahar Navodaya Vidyalaya (JNV) Basugaon, Kokrajhar, NTPC Bongaigaon, in partnership with the District Administration of Kokrajhar and the Public Works Department (PWD), has signed a Memorandum of Agreement (MoA) for the construction of a new toilet block. The MoA, valued at Rs 9.35 lakh, was ...

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Vedanta Aluminium strengthens community health initiatives during National Nutrition Month

New Delhi, October 7, 2024 (TBB Bureau): Vedanta Aluminium, India’s largest aluminium producer, marked National Nutrition Month 2024 with impactful community health initiatives across its operations. Tailored specifically for children, adolescents, and mothers, the campaign emphasized the importance of a balanced diet and nutritious food choices. This year’s theme, ‘Nutritious diet for everyone,’ is observed annually by the Government of ...

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Aakash sets up Computer Lab at Delhi’s Govt Girls’ Senior Secondary School

New Delhi, October 07, 2024 (TBB Bureau): In a bid to advance digital literacy and empower young girls, Aakash Educational Services Limited (AESL), a national leader in test preparatory services, has inaugurated a fully-equipped computer lab at the Govt Girls Senior Secondary School in Shiv Vihar, Uttam Nagar, New Delhi. This initiative, part of AESL’s corporate social responsibility (CSR) efforts, ...

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Capri Loans launches Capri AI-Dost, revolutionizing customer service with 24/7 AI assistance

Mumbai, October 7, 2024 (TBB Bureau): Capri Global Capital Ltd (Capri Loans), a prominent name in the non-banking financial sector, has launched Capri AI-Dost, an AI-driven chatbot aimed at transforming customer interaction by providing round-the-clock assistance for loan-related queries. Announcing the launch, Tarun Aggarwal, Group CTO, Capri Global, emphasized the company’s commitment to enhancing customer experience through technology. “We are ...

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Bansidhar & Ila Panda Foundation invites applications for Professor Ghanashyam Dash Scholarship

Bhubaneswar, October 7, 2024 (TBB Bureau): The Bansidhar & Ila Panda Foundation (BIPF) has announced the opening of applications for the 20th edition of the Professor Ghanashyam Dash Scholarship (PGDS) for Higher Education. This scholarship aims to support meritorious students from Odisha in pursuing higher professional education. Each year, six deserving students receive financial assistance to study fields including engineering, ...

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Paradip Port shatters records, hits 75.17 MMT cargo milestone ahead of schedule

Paradip, October 7, 2024 (TBB Bureau): In a remarkable achievement that underscores its relentless dedication and operational excellence, Paradip Port Authority (PPA) has broken new ground in cargo handling. As of October 6, 2024, the port has handled an impressive 75.17 million metric tonnes (MMT) of cargo in the current fiscal year, achieving this milestone 12 days ahead of the ...

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BHP and SAIL sign MoU to advance steel decarbonisation pathways

New Delhi, October 7, 2024 (TBB Bureau): The Steel Authority of India Limited (SAIL), India’s largest government-owned steel producer, has partnered with leading global resources company BHP to accelerate the decarbonisation of steel production. The two industry giants have signed a Memorandum of Understanding (MoU) to explore innovative technologies and strategies aimed at reducing carbon emissions in steelmaking, particularly through ...

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Linen Club launches its biggest retail festive campaign ‘Linen Utsav’

Bhubaneswar, October 7, 2024 (TBB Bureau): Linen Club, the renowned fashion brand from the Aditya Birla Group and one of India’s top destinations for premium linen fabrics, has kicked off its much-anticipated annual festive campaign, Linen Utsav, in its exclusive showrooms in Bhubaneswar and Cuttack. Celebrating the Puja season, Linen Utsav brings exciting offers and a wide range of festive ...

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Indian auto retail sales rise 6.5pc in April-September, rural markets expected to boost demand

New Delhi, October 7, 2024 (TBB Bureau): India’s automobile market saw a 6.55 per cent year-on-year growth in retail sales during the first half of the current fiscal year (FY25), with robust two-wheeler (2W) sales driving the surge, according to a report from the Federation of Automobile Dealers Associations (FADA). The report indicates that rural markets are poised to further ...

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Kotak Mutual Fund launches new Kotak MNC Fund to tap global corporate giants

Mumbai, October 7, 2024 (TBB Bureau): Kotak Mahindra Asset Management Company Ltd (KMAMC), widely known as Kotak Mutual Fund, has launched an exciting new offering for investors keen on global exposure—the Kotak MNC Fund. This open-ended equity scheme focuses on multinational companies (MNCs), providing investors with the opportunity to invest in top global corporations known for their business resilience, advanced ...

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Paradeep Phosphates conducts successful emergency mock drill, strengthening safety preparedness

Paradip, October 7, 2024 (TBB Bureau): Paradeep Phosphates Limited (PPL) successfully conducted a high-level emergency mock drill on Friday, simulating an ammonia safety valve leak from the ammonia supply line. The drill, organized under the supervision of officials from the Factories and Boilers department, was aimed at bolstering the plant’s emergency response and preparedness capabilities. The exercise attracted participation from ...

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Reliance Nippon Life Insurance launches ‘Nishchit Pension’ Deferred Annuity Plan for guaranteed retirement income

Mumbai, October 6, 2024 (TBB Bureau): Reliance Nippon Life Insurance Company Limited, a leading private life insurer, has launched its latest deferred annuity plan, Reliance Nippon Life Nishchit Pension, aimed at providing customers with a guaranteed lifelong income. This plan is designed to help streamline retirement income and safeguard against long-term interest rate fluctuations, offering a dependable financial solution as ...

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Punjab National Bank honoured as Green Ribbon Champions for Green Banking Initiative of the Year 2024

New Delhi, October 6, 2024 (TBB Bureau): Punjab National Bank (PNB), one of the nation’s leading public sector banks, has been recognized as Green Ribbon Champions under the category Green Banking Initiative of the Year 2024. This prestigious accolade celebrates PNB’s remarkable efforts in sustainability through its transformative Go Green initiative, led under the project PNB Palaash – Uniting for ...

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TPCODL rolls out proactive safety measures to ensure a safe and joyful Dussehra

Bhubaneswar, October 6, 2024 (TBB Bureau): As Dussehra approaches, TP Central Odisha Distribution Limited (TPCODL), a joint venture between Tata Power and the Government of Odisha, has rolled out a series of proactive safety measures to ensure a safe and uninterrupted power supply during the celebrations. To mitigate risks and safeguard the public, TPCODL has issued important guidelines for event ...

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NTPC Bongaigaon and Kokrajhar DFO launch wildlife awareness program at Chakrashila Sanctuary

Bongaigaon, October 5, 2024 (TBB Bureau):  In celebration of Wildlife Week, NTPC Bongaigaon partnered with the Divisional Forest Office (DFO), Kokrajhar, to host a wildlife awareness program at the Choraikhola Forest Range within the Chakrashila Wildlife Sanctuary. The event, held on Saturday, aimed to educate local communities, students, and villagers on the importance of wildlife conservation and the sanctuary’s role ...

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Dalmia Cement felicitates specially-abled cricket sensation from Rajgangpur

Rajgangpur, October 5, 2024 (TBB Bureau): In a heartwarming celebration of resilience and achievement, Dalmia Cement (Bharat) Ltd. (DCBL), one of India’s leading cement manufacturers, honoured Abhishek Shukla, a cricketing sensation and an inspiring employee of Dalmia Cement, for his incredible journey and achievements. Abhishek, who was born with an amputated left hand, has defied all odds to not only ...

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Vedanta acquires Kalinga Lancers: A major boost for Odisha’s sports legacy

New Delhi, October 4, 2024 (TBB Bureau): In a landmark move underscoring its deep-rooted commitment to sports in Odisha, billionaire Anil Agarwal-led Vedanta Limited has acquired full ownership of the Kalinga Lancers, a premier hockey team based in Bhubaneswar. This acquisition, announced on Friday during a franchisee event in New Delhi, comes as anticipation builds for the much-awaited return of ...

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Indian Silk House launches retail store in Bhubaneswar, expanding its legacy in Eastern India

Bhubaneswar, October 4, 2024 (TBB Bureau): Indian Silk House Agencies, Bengal’s leading retail chain known for its exquisite collection of sarees from across India, on Friday launched its new store in Bhubaneswar. This marks a significant step in the brand’s expansion as it brings its rich tradition of hand-woven sarees to the vibrant city. This new outlet will provide Bhubaneswar ...

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Linde India commissions new Air Separation Unit at Ludhiana

Kolkata, October 4, 2024 (TBB Bureau): Linde India today announced the commissioning of a state-of-the-art 250 metric tonnes per day air separation unit (ASU) at Ludhiana, Punjab. The new facility, which is the company’s second merchant plant in northern India, will significantly boost Linde’s capacity to supply critical gases, including medical and industrial oxygen, nitrogen, and argon, to a wide ...

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KISNA Diamond and Gold Jewellery launches first exclusive showroom in Bhubaneswar, marking 41st store nationwide

Bhubaneswar, October 4, 2024 (TBB Bureau): KISNA Diamond and Gold Jewellery, a trusted name in the jewellery industry, has opened its first exclusive showroom at Patia in Bhubaneswar, further expanding its presence across India. This grand launch brings the total number of KISNA showrooms nationwide to 41. The inauguration ceremony was graced by the presence of Ghanshyam Dholakia, Founder and ...

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Department of Posts and Amazon sign landmark MoU to enhance logistics collaboration

New Delhi, October 4, 2024 (TBB Bureau): In a move set to boost India’s logistics and e-commerce sectors, the Department of Posts (DoP) under the Ministry of Communications and Amazon Seller Services Private Limited signed a Memorandum of Understanding (MoU) on Friday, marking a new chapter in their longstanding collaboration. The MoU was signed by Kushal Vashist, General Manager of ...

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Suzuki Motorcycle India boosts big bike segment with launch of Suzuki GSX-8R in India

New Delhi, October 4, 2024 (TBB Bureau): Suzuki Motorcycle India Pvt. Ltd. (SMIPL), the Indian subsidiary of Suzuki Motor Corporation, Japan, has unleashed a new contender in the big bike segment with the launch of the Suzuki GSX-8R. Designed to set “The New Standard of Sport,” this cutting-edge sportbike blends performance, advanced features, and style to deliver an exhilarating riding ...

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India’s per capita income expected to rise by $2,000 in five years: FM Sitharaman

New Delhi, October 4, 2024 (TBB Bureau): Finance Minister Nirmala Sitharaman on Friday said that India’s per capita income is projected to increase by at least $2,000 over the next five years, driven by overall economic growth. Speaking at the Kautilya Economic Conclave, organized by the Ministry of Finance in collaboration with the Institute of Economic Growth (IEG), Sitharaman highlighted ...

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Wonderla Bhubaneswar unveils exciting festive offers and entertainment for Puja season

Bhubaneswar, October 3, 2024 (TBB Bureau):  Wonderla Holidays, India’s largest amusement park chain, is bringing extra joy to the Puja season with its exciting Puja Upahar offer at Wonderla Bhubaneswar. Visitors can now experience the thrill of Odisha’s premier amusement park at a special discounted rate of just Rs. 679 per ticket, valid for bookings made until October 31, 2024. ...

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Commitment to environmental sustainability and community engagement marks NALCO’s Swachhata Hi Seva campaign 2024

Bhubaneswar, October 3, 2024 (TBB Bureau): Navratna CPSE, National Aluminium Company Limited (NALCO), actively participated in the nationwide Swachhata Hi Seva 2024 campaign. In line with the directives from the Union Ministry of Mines and the Ministry of Housing and Urban Development, the Swachhata Hi Seva fortnight was observed from September 17 to October 2, 2024, with a focus on ...

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Odisha’s Investment Odyssey: CM Majhi pitches to 34 nations for economic growth

Bhubaneswar, October 3, 2024 (TBB Bureau): Odisha Chief Minister Mohan Charan Majhi on Thursday expressed optimism about attracting foreign investments after a productive meeting with ambassadors and representatives from 34 countries in New Delhi. The discussions, which focused on the state’s investment potential, emphasized sectors such as semiconductors, petrochemicals, information technology, green energy, electronics, and food processing. After the meeting, ...

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NML felicitates Safai Mitras and associate members on Swachh Bharat Diwas

Ranchi, October 3, 2024 (TBB Bureau): NTPC Mining Limited (NML) celebrated Gandhi Jayanti and the 10th anniversary of Swachh Bharat Diwas at its headquarters in Ranchi on Wednesday. On this special occasion, Animesh Jain, Chief Executive Officer of NTPC Mining Limited and Regional Executive Director (Coal Mining), along with Rajnish Rastogi, CGM (HR), and other senior officials, led the celebrations. ...

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Marut Drones offers no-cost DGCA pilot training to support first-time buyers

Customers must register by October 31st to avail free drone pilot training Hyderabad, October 3, 2024 (TBB  Bureau): Marut Drones, a leading DGCA-certified drone technology company specializing in manufacturing and training, has launched a free DGCA-certified pilot training program for customers, marking a significant step towards expanding drone technology adoption in agriculture. Through this initiative, customers can obtain a DGCA ...

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‘WeCare4Swachhata’: Over 75,000 volunteers drive Reliance’s nationwide campaign for cleaner, greener India

Mumbai, October 3, 2024 (TBB Bureau): In a significant boost to the nationwide Jan Andolan for Swachhata, more than 75,000 volunteers joined Reliance’s WeCare4Swachhata campaign across 4,100 locations, making a strong statement for a cleaner and greener India. Organized during the Government of India’s Swachhata Hi Seva fortnight, the campaign saw active participation from Reliance employees, their families, and local ...

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Greenply launches humorous campaign featuring India’s first bird influencer to promote healthy and safe interiors

Bhubaneswar, October 3, 2024 (TBB Bureau): Greenply Industries Limited, a leader in India’s interior infrastructure industry, has unveiled its latest brand campaign, “Har Zarurat Ka Reply”. Following the success of its Zero Emission TVC, Greenply’s new campaign introduces India’s first bird influencer, a cheeky and quick-witted parrot named Gullu. Through humor and charm, the campaign underscores Greenply’s commitment to creating ...

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Bingo! Tedhe Medhe unveils Puja special song ‘Rockanjali,’ Celebrating 50 years of Bengali rock music

Bhubaneswar, October 3, 2024 (TBB Bureau): Bingo! Tedhe Medhe is set to make this Durga Puja even more electrifying with the launch of its special tribute song, ‘Rockanjali.’ Celebrating 50 glorious years of Bengali rock music, Rockanjali brings together legendary musicians from iconic bands — Siddhartha Sankar Roy (Siddhu) and Avijit Burman (Pota) from Cactus, Gaurab Chatterjee (Gabu) from Lakkhichhara, ...

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Solar energy is key to combating climate change: Prof. Chetan Singh Solanki

Bhubaneswar, October 2, 2024 (TBB Bureau):  “Climate change is an urgent problem that requires decentralized, practical energy solutions, and solar energy is one of the most effective ways to combat this crisis,” said Prof. Chetan Singh Solanki, Professor at IIT Bombay and Founder of the Energy Swaraj Foundation, during the launch of the Bhubaneswar Chapter of the foundation at Centurion ...

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Jio employees across Odisha participate in Swachhata Hi Seva 2024 cleanliness drive, celebrating 10 years of Swachh Bharat Mission

Bhubaneswar, October 2, 2024 (TBB Bureau): In celebration of the 10th anniversary of the Swachh Bharat Mission, Reliance Jio organized a special cleanliness drive, Swachhata Hi Seva 2024, on October 1st across more than 30 towns in Odisha. Over 600 Jio employees actively participated in this initiative, underscoring the company’s commitment to regional development and national causes. The event reinforced ...

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