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Yuvraj Singh Centres of Excellence and Merlin Group launch cricket talent hunt across Eastern India

Search for future stars begins in Bhubaneswar   Bhubaneswar, November 3, 2024 (TBB Bureau): The Yuvraj Singh Centre of Excellence (YSCE), in collaboration with Club Pavilion, the sports vertical of Merlin Group, has officially announced an exciting cricket talent hunt across Eastern India. This groundbreaking initiative, aimed at discovering and nurturing young cricket talent, will launch its first round of ...

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Odisha expands industrial vision: Minister Swain calls for growth in textiles and apparel

Bhubaneswar, November 2, 2024 (TBB Bureau): In a strong push towards industrial diversification, Odisha’s Minister of Industries, Skill Development, and Technical Education, Sampad Chandra Swain, emphasized the state government’s commitment to developing a robust ecosystem for textiles and crafts in Odisha. Speaking at the CII Swayam Srujani – Weaving a Sustainable Future for Odisha’s Textiles and Crafts event, organized by ...

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Sanjay Lohiya takes charge as interim CMD of NALCO

Bhubaneswar, November 2, 2024 (TBB Bureau): In accordance with the Ministry of Mines Office Order No. 2/2/2024-Met.I dated November 1, 2024, Shri Sanjay Lohiya, Additional Secretary, Ministry of Mines, has assumed the role of Chairman-cum-Managing Director (CMD) of National Aluminium Company Limited (NALCO) on an interim basis, effective November 2, 2024. This temporary assignment follows the superannuation of Sridhar Patra, ...

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NTPC pioneers green hydrogen production from municipal and agricultural waste with cutting-edge plasma oxy gasification technology

Ranchi, November 2, 2024 (TBB Bureau): NTPC Ltd., India’s premier power utility, is making significant strides in green hydrogen production through its R&D arm, NETRA. In an ambitious move towards sustainable energy, NTPC has announced the establishment of a state-of-the-art green hydrogen production plant that will utilize plasma-based oxy gasification technology to process Municipal Solid Waste (MSW) and agricultural waste. ...

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GKEL spreads ‘Joy of Giving’ to over 300 families, uplifting local communities through livelihood support

Bhubaneswar, November 2, 2024 (TBB Bureau): In a significant initiative aimed at supporting the economically disadvantaged residents of its surrounding areas, GMR Kamalanga Energy Limited (GKEL), based in Kamalanga Village under Odapada Block, organized a community event, “Joy of Giving” or Daan Utsav, on Friday. Held at the company’s community hall, the event distributed livelihood aids to over 300 families ...

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Tata Power Odisha discoms report lower distribution losses in H1FY25

Bhubaneswar, November 2, 2024 (TBB Bureau):  In a significant achievement for Tata Power, the company recorded reduced distribution losses in its Odisha power distribution business during the first half (H1) of the current financial year (FY25). The reduction in Aggregate Technical and Commercial (AT&C) losses, a critical measure of operational efficiency, highlights Tata Power’s successful efforts to streamline power distribution ...

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TPCODL shines bright at Innovation with Impact Awards 2024, clinching top honors in Performance Improvement

Bhubaneswar, November 1, 2024 (TBB Bureau): TP Central Odisha Distribution Limited (TPCODL), a joint venture of Tata Power and the Government of Odisha, on Friday announced its achievement of first rank in Performance Improvement at the prestigious Innovation with Impact Awards for Discoms 2024, organized by the Indian Chamber of Commerce (ICC). TPCODL also secured the second overall rank in ...

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Honda Cars India records total sales of 10,080 units in October 2024

New Delhi, November 1, 2024 (TBB Bureau): Honda Cars India Ltd. (HCIL), a leading manufacturer of premium cars in India, reported total sales of 10,080 units in October 2024. This includes domestic sales of 5,546 units and exports of 4,534 units for the month. Commenting on the sales performance, Kunal Behl, Vice President of Marketing & Sales at Honda Cars ...

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Dhamra Port sets new record in steel coil loading

Dhamra, November 30, 2024 (TBB Bureau): Dhamra Port Company Limited (DPCL) has set a new benchmark in its operations by achieving a record-breaking milestone in steel coil loading. Over the past 24 hours, the port successfully loaded an impressive 20,586 MT of HR Coils onto BB-3, surpassing all previous records. This feat eclipses the port’s earlier milestones of 17,316 MT ...

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Capri Global Capital reports strong Q2 fy25 performance with continued growth in AUM and profitability

Mumbai, November 1, 2024 (TBB Bureau): Capri Global Capital Ltd. (CGCL), a prominent non-deposit-taking and systemically important NBFC, showcased a robust financial performance for the quarter ended September 30, 2024. The company reported continued growth across its portfolio, strengthened profitability, and improvements in cost efficiency, asset quality, and capital adequacy. CGCL’s consolidated AUM reached ₹19,250 crore, marking a 56% increase ...

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SANY India secures 1.6 GW wind turbine contracts, strengthens position in India’s wind energy sector

New Delhi, November 1, 2024 (TBB Bureau): SANY India has marked a major milestone in its expansion into India’s renewable energy sector with its wind energy division, SANY Wind Energy India Pvt Ltd. In a strategic move, SANY has secured wind turbine sales agreements totaling 1.6 GW, including a 1,324 MW deal with three subsidiaries of the JSW Group and ...

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Navigating the Technological Tide: AIFI highlights the critical need for upskilling in the forging industry

Pune, November 1, 2024 (TBB Bureau): The Association of Indian Forging Industry (AIFI), the apex body representing the Indian forging sector, recently hosted a special session in Pune on “Innovative Technology Solutions and Skill Development.” The event aimed to address the industry’s evolving needs by bringing together leaders, experts, and stakeholders to discuss advancements in technology and strategies for workforce ...

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3F Oil Palm partners with Karnataka Horticulture Department to empower farmers with sustainable cultivation practices

Hyderabad, November 1, 2024 (TBB Bureau): 3F Oil Palm Pvt Ltd has further expanded its footprint in Karnataka by signing a Memorandum of Understanding (MoU) with the Karnataka Department of Horticulture to promote sustainable agriculture and support local farming communities. The MoU, signed in the presence of Mr. Prakash M. Sabarad, Additional Director of Horticulture, Government of Karnataka, aims to ...

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Veranda Learning Solutions targets Rs. 600 crore revenue in FY25

Chennai, November 1, 2024 (TBB Bureau): Education technology company Veranda Learning Solutions Limited, a listed provider of end-to-end solutions in the education space, has set a revenue target of Rs. 600 crore for FY25. Founded in 2018 by the Kalpathi AGS Group, which holds a 55% stake, the company has expanded rapidly through strategic acquisitions. In May 2023, it acquired ...

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Kalyan Jewellers unveils new showroom in Bhubaneswar

Bhubaneswar, October 28, 2024 (TBB Bureau): Kalyan Jewellers, one of India’s leading and most trusted jewellery brands, inaugurated its latest showroom in Bhubaneswar’s Soubhagya Nagar today, marking an important expansion in the region. The grand opening was attended by Bollywood icon Shilpa Shetty, who launched the new showroom to an enthusiastic crowd. Fans and patrons gathered in large numbers to ...

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TPCODL observes Vigilance Awareness Week 2024, reinforces commitment to integrity

Bhubaneswar, 28 October 2024 (TBB Bureau): TP Central Odisha Distribution Limited (TPCODL), a joint venture between Tata Power and the Government of Odisha, has commenced Vigilance Awareness Week 2024, running from October 28 to November 3, under the theme, “Culture of Integrity for Nation’s Prosperity.” The week-long observance began with a solemn Integrity Pledge administered by Mr. Arvind Singh, CEO ...

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NTPC Bongaigaon observes Vigilance Awareness Week 2024, promoting integrity and transparency

Bongaigaon, October 28, 2024 (TBB Bureau):  NTPC Bongaigaon joined the nation in marking Vigilance Awareness Week from October 28 to November 3, 2024, under the theme “Culture of Integrity for Nature’s Prosperity.” The observance commenced with a solemn oath-taking ceremony, led by Akhilesh Singh, Head of Project, NTPC Bongaigaon, with Ananta Samanta, Head of Vigilance, in attendance alongside departmental heads, ...

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Budget 2025: Aluminium industry urges government to shield domestic market from import surge, calls for enhanced investment to propel growth and self-reliance

New Delhi, October 28, 2024 (TBB Bureau): As India gears up for the Budget 2025, the Aluminium Association of India (AAI), representing top aluminium producers nationwide, has formally submitted its pre-budget recommendations to the Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce. The AAI underscored the metal’s pivotal role in India’s growth ambitions, aligning ...

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Vedanta Aluminium’s Project Sakshyam empowers youth with advanced industrial training

Bhubaneswar, October 28, 2024 (TBB Bureau): Vedanta Aluminium, India’s largest producer of aluminium, has taken a significant step in workforce empowerment through its flagship skill development initiative, Project Sakshyam. Under this program, Vedanta has facilitated advanced industrial training for ITI graduates from Jharsuguda and surrounding areas at the prestigious World Skill Centre in Bhubaneswar. The year-long, residential Project Sakshyam program ...

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PNB Q2 FY25 net profit soars 145pc YoY to Rs 4,303 crore

New Delhi, October 28, 2024 (TBB Bureau): Punjab National Bank (PNB) on Monday reported a standalone net profit of Rs 4,303.5 crore for the quarter ending September 30, 2024, reflecting a remarkable growth of 145 per cent from Rs 1,756 crore in the same quarter last year. This significant increase is attributed to a substantial reduction in new provisions and ...

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Vigilance Awareness Week 2024 begins at Paradip Port with a strong call for integrity

Paradip, October 28, 2024 (TBB Bureau): In alignment with the Central Vigilance Commission’s directives, the Paradip Port Authority (PPA) inaugurated Vigilance Awareness Week on October 28, set to continue through November 3, 2024. This year’s theme, “Culture of Integrity for Nation’s Prosperity,” reflects the organization’s commitment to upholding ethical standards and fostering transparency within its operations. The observance began with ...

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Ayumanthan 3.0: Experts advocate scientific approach to promote Ayurveda

New Delhi, October 26, 2024 (TBB Bureau): In a bid to reinforce the scientific credibility of Ayurveda, AIMIL Healthcare & Research Centre organized Ayumanthan 3.0 at the Sri Sathya Sai Auditorium in New Delhi to mark the 9th National Ayurveda Day. Renowned Ayurveda practitioners and scholars gathered to discuss the ancient medicinal system’s modern applications and its potential for addressing ...

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RBI’s new lending framework could trigger reorganization for bank groups: CRISIL

New Delhi, October 25, 2024 (TBB Bureau): The Reserve Bank of India (RBI) recently released draft guidelines aimed at reshaping the regulatory framework governing the lending activities of banks and their group entities. If implemented in their entirety, these guidelines could prompt a significant reorganization within bank groups, compelling a single entity to oversee each permissible line of business. Despite ...

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Aakash Educational Services launches comprehensive crash course for JEE Main 2025 Phase I & II

New Delhi, October 25, 2024 (TBB Bureau): Aakash Educational Services Limited (AESL), India’s national leader in test preparatory services, has announced the launch of a focused Crash Course for JEE Main 2025. This specialized course targets students appearing for both phases of the JEE Main 2025 exam, offering a rigorous, structured approach to help them succeed in one of the ...

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Syngenta Group named Top Agriculture Employer by Science magazine for eighth consecutive year

Basel, Switzerland, October 25, 2024 (TBB Bureau): In an impressive testament to its commitment to innovation and sustainability, Syngenta Group has been named the world’s leading agricultural employer in the 2024 Science Careers Top Employers Survey. This recognition, marking the eighth consecutive year that Syngenta has ranked among the global top five and led the agriculture sector, highlights the company’s ...

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Shipping Ministry takes precautionary measures in response to Cyclone ‘Dana’, Paradip Port prepares for severe cyclonic storm

New Delhi, October 24, 2024 (TBB Bureau): In anticipation of the severe Cyclone ‘Dana’, the Ministry of Ports, Shipping & Waterways (MoPSW) has implemented an extensive safety protocol to protect port infrastructure, vessels, and personnel. The Minister of State for Ports, Shipping & Waterways, Shantanu Thakur, chaired a high-level review meeting to evaluate the preparedness of the Ministry, the Directorate ...

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FACOR activates comprehensive preparedness for Cyclone ‘Dana’

Bhadrak, October 24, 2024 (TBB Bureau): As Cyclone ‘Dana’ approaches the Odisha coast, Ferro Alloys Corporation Ltd. (FACOR) has rolled out an extensive preparedness plan to safeguard the community and livestock in and around its facilities. This proactive initiative aims to mitigate the effects of the impending cyclone, reflecting FACOR’s commitment to both community well-being and animal welfare. One of ...

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Kalyan Jewellers to unveil two new showrooms in Odisha on Oct 28, Shilpa Shetty to inaugurate the outlets

Bhubaneswar, October 24, 2024 (TBB Bureau): Kalyan Jewellers, one of India’s most trusted jewellery brands, has announced the launch of two new showrooms in Odisha, set to open on October 28, 2024. The grand inauguration will be graced by renowned Bollywood actress Shilpa Shetty, who will be present at both locations to celebrate this exciting expansion. The first launch event ...

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Swayamsidha Ladies Club brings hope to needy women through clothes donation drive

Ranchi, October 24, 2024 (TBB Bureau): In a heartfelt display of compassion and community spirit, the Swayamsidha Ladies Club of NTPC Coal Mining Headquarters, Ranchi, has taken a significant step towards empowering underprivileged women. With the mission of giving back to society, the Club partnered with Srijan Handicrafts to distribute clothes to women in need. Srijan Handicrafts, founded by Shobha ...

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Vedanta’s “Swarna Prasan” immunization drive to benefit 30,000 school children across Kalahandi, Koraput, and Rayagada

Bhubaneswar, October 24, 2024 (TBB Bureau): In a bid to strengthen community health and create lasting benefits for children and their families, Vedanta Aluminium, India’s largest aluminium producer, has launched an expanded immunization drive in collaboration with the Ministry of AYUSH. This extended initiative aims to scale up the ‘Swarna Prasan’ immunization programme across the districts of Kalahandi, Koraput, and ...

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BonV Aero wins at Drone Hackathon during Amaravati Drone Summit

Bhubaneswar, October 24, 2024 (TBB Bureau): BonV Aero, an Odisha-based leader in aerial mobility manufacturing, emerged victorious at one of India’s largest Drone Hackathons, held in conjunction with the Amaravati Drone Summit on Tuesday. The event attracted over 500 participants, all vying to present innovative solutions to pressing challenges in drone technology. Organized by the Andhra Pradesh Drones Corporation, the ...

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NTPC Coal Mines shine bright at Star Rating Awards

Ranchi, October 22, 2024 (TBB Bureau): In a remarkable achievement, Talaipalli and Dulanga Coal Mines of NTPC Mining Limited (NML) have been honored with a prestigious 5 Star Rating for the year 2022-23. The accolades were presented during the Annual Star Rating of Coal Mines award ceremony held in New Delhi on Monday, with Union Minister for Coal and Mines, ...

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Sony India launches WF-L910 wireless earbuds

New Delhi, October 24, 2024 (TBB Bureau): Sony India on Thursday unveiled its latest addition to the LinkBuds series, the WF-L910 (LinkBuds Open) wireless earbuds, bringing together groundbreaking technology and ergonomic design to deliver an immersive yet natural audio experience. Tailored for those who prioritize both comfort and connectivity, these earbuds promise superior sound quality while ensuring users stay aware ...

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Amazon India partners with Startup India and DPIIT to empower startups through e-commerce

New Delhi, October 24, 2024 (TBB Bureau): In a significant move aimed at bolstering the startup ecosystem in India, Amazon India has announced a partnership with Startup India under the auspices of the Department for Promotion of Industry and Internal Trade (DPIIT). This collaboration seeks to launch multiple initiatives designed to empower startups in building and scaling their businesses through ...

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Cabinet approves Rs1,000 crore VC fund to propel space sector

New Delhi, October 24, 2024 (TBB Bureau): The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the establishment of a Rs 1,000 crore venture capital (VC) fund aimed at enhancing the Indian space sector and generating employment. The fund, to be managed by IN-SPACe, will be operational for up to five years and is expected to support startups ...

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India Inc’s revenue growth hits 16-quarter low, profitability shows signs of improvement

New Delhi, October 24, 2024 (TBB Bureau):  India Inc is projected to experience its slowest revenue growth in 16 quarters, with an estimated increase of only 5-7% on a year-on-year basis for the three months ending September. This deceleration is largely attributed to stagnant performance in the construction sector, which constitutes about one-fifth of India Inc’s total revenue. Additionally, declines ...

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TPCODL ramps up readiness as Cyclone ‘Dana’ approaches, ensuring power resilience amidst storm threat

Bhubaneswar, October 23, 2024 (TBB Bureau):  As Cyclone ‘Dana’ approaches, Tata Power Central Odisha Distribution Limited (TPCODL) is taking proactive steps to ensure power resilience in the face of the impending storm. TPCODL CEO Arvind Singh convened a crucial meeting on Wednesday to evaluate and strengthen the discom’s readiness. The meeting emphasized strategic resource deployment and the mobilization of materials ...

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Vedanta Aluminium enhances logistics efficiency and sustainability with BOBRN rakes

New Delhi, October 23, 2024 (TBB Bureau): Vedanta Aluminium, India’s largest producer of aluminium, has taken a significant step towards enhancing operational efficiency and sustainability in its logistics operations by inducting Bogie Open Bottom Rapid discharge railway wagons with pneumatic door opening actuators (BOBRN) for coal transportation at its smelters in Jharsuguda, Odisha, and Korba, Chhattisgarh. This initiative is part ...

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Paradeep Phosphates Limited honoured with prestigious Times Business Award

Bhubaneswar, October 23, 2024 (TBB Bureau): Paradeep Phosphates Limited (PPL) has once again been recognized for its outstanding contributions to the fertilizer industry and its pivotal role in enhancing the income of the farming community. At a glittering ceremony held in Bhubaneswar on Tuesday, PPL was conferred with the prestigious Times Business Award for Leading the Agri Revolution for Viksit ...

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Paradip Port gears up for Cyclone ‘Dana’ with robust safety measures in place

Paradip, October 22, 2024 (TBB Bureau): As Cyclone ‘Dana’ approaches, Paradip Port is implementing extensive safety preparations to ensure the security of maritime operations and personnel. A directive has been issued for all cargo transportation and loading activities to be completed by the evening of October 23. All vessels currently docked at the port are being instructed to expedite their ...

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Jindal Panther Cement commissions 1.5 MTPA grinding unit in Angul, paving the way for low-CO2 cement production

New Delhi, October 22, 2024 (TBB Bureau):  Jindal Panther Cement (JPC), a prominent entity within the Jindal Group, on Tuesday announced the commissioning of its first cement grinding unit in Angul, Odisha, with a capacity of 1.5 million tons per annum (MTPA). This state-of-the-art facility is poised to play a critical role in the company’s ambitious decarbonisation strategy, operating with ...

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Michelin India announces winners of prestigious ‘Michelin AI Challenge’

Bhubaneswar, October 22, 2024 (TBB Bureau): Michelin, a global leader in tyre technology, has announced the winners of the inaugural Michelin AI Challenge, marking a significant milestone in the AI-driven innovation landscape. The competition, launched in collaboration with the Department for Promotion of Industry and Internal Trade (DPIIT) and Startup India, aims to foster entrepreneurship and encourage cutting-edge developments within ...

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Regulatory streamlining of lending set to curb gold loan growth: CRISIL

New Delhi, October 22, 2024 (TBB Bureau):  The Reserve Bank of India (RBI) has flagged certain irregularities in the gold loan segment and called upon lenders to thoroughly reassess their lending practices. The new regulatory measures, aimed at curbing discrepancies in the loan against gold jewellery sector, may slow the growth of gold loans in the near term. In a ...

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ITC’s ‘Will of Change’ campaign champions equal inheritance rights for daughters

Bhubaneswar, October 22, 2024 (TBB Bureau): In a country where legal frameworks provide for equal inheritance rights for daughters, societal realities tell a different story. A recent study by Sunfeast Mom’s Magic reveals that only 7% of daughters receive equal inheritance through a will, highlighting the persistence of the archaic belief that “betiyan paraya dhan hoti hain” (daughters are ultimately ...

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Vedanta Aluminium hosts IIM Sambalpur students at its mega plant in Jharsuguda

Jharsuguda, October 22, 2024 (TBB Bureau): Vedanta Aluminium, India’s largest aluminium producer, recently welcomed students from the Indian Institute of Management (IIM) Sambalpur to its state-of-the-art aluminium plant in Jharsuguda as part of its Campus Connect initiative. The visit offered the students an in-depth understanding of the aluminium manufacturing process, which serves over 60 countries, and provided valuable insights into ...

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TPCODL activates comprehensive cyclone preparedness plan to ensure uninterrupted power supply

Bhubaneswar, October 21, 2024 (TBB Bureau): TP Central Odisha Distribution Limited (TPCODL), a joint venture between Tata Power and the Government of Odisha, has initiated a thorough preparedness plan in response to Cyclone ‘Dana’, focusing on maintaining uninterrupted power supply and ensuring public safety. As the cyclone approaches, TPCODL is fully equipped to handle any potential disruptions with the aim ...

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Medica Superspecialty Hospital celebrates ‘Bijoya: Brave and Beautiful’ to honour breast cancer survivors

Kolkata, October 21, 2024 (TBB Bureau): In a heartfelt tribute to Breast Cancer Month, Medica Superspecialty Hospital hosted a special event, ‘Bijoya: Brave and Beautiful,’ celebrating the resilience of women who have triumphed over breast cancer or are currently battling the disease. The gathering aimed to highlight the importance of early detection, support systems, and the strength of community in ...

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Jindal Foundation celebrates Seva Divas nationwide on chairperson Shallu Jindal’s birthday

Bhubaneswar, October 21, 2024 (TBB Bureau): In a powerful display of community service and compassion, the Jindal Foundation, the philanthropic arm of Jindal Steel & Power, marked Seva Divas across the country to celebrate the birthday of its Chairperson, Shallu Jindal—an acclaimed philanthropist, social leader, and renowned Kuchipudi danseuse. Seva Divas, observed on this special occasion, reflected the Foundation’s unwavering ...

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Two new lighthouses to boost Odisha tourism: Union Minister Sonowal

Puri, October 20, 2024 (TBB Bureau): In a significant move to boost coastal tourism in Odisha, Union Minister for Ports, Shipping & Waterways Sarbananda Sonowal announced the establishment of two new lighthouses at Chaumukha in Balasore district and Dhamra in Bhadrak. The announcement was made on Sunday during the 2nd Indian Lighthouse Festival, held in Puri. At present, Odisha boasts ...

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Bamboo Charcoal: The ‘black diamond’ for skin health amid rising pollution

New Delhi, October 20, 2024 (TBB Bureau):  As urban air pollution continues to rise, a remarkable natural remedy is gaining attention for its skin health benefits: bamboo charcoal, affectionately dubbed the “black diamond.” A recent medical study has highlighted its effectiveness not only in purifying water but also in protecting facial skin from the adverse effects of pollution. The study ...

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