In a proactive effort to enhance emergency response capabilities, NTPC Bongaigaon successfully conducted a Joint Mega Mock Drill on Saturday. Supervised by G.M. Thangzom, Commandant of CISF, the extensive drill focused on preparedness for earthquake, chlorine leakage, and flood scenarios. The drill commenced at the New Administrative Building outside the plant premises, simulating a major earthquake scenario with Assam as ...
Read More »Business
Reliance Jio Infocomm Q1 net profit rises 12 pc to Rs 5,445 cr
New Delhi, July 19, 2024 (TBB Bureau): Reliance Jio Infocomm on Friday reported a 12 per cent increase in its standalone net profit for the June quarter, reaching Rs 5,445 crore. The telecom giant, which is the largest among the three private operators in the market, saw its revenue from operations grow by 10 per cent year-on-year to Rs 26,478 ...
Read More »ICSI Kolkata hosts 5th National Conference of Corporate CS
Kolkata, July 19, 2024 (TBB Bureau): The 5th National Conference of Corporate Company Secretaries (CS) organised by the Institute of Company Secretaries of India (ICSI) was inaugurated in Kolkata on Friday. The theme of this year’s conference is “Corporate CS: Transforming Governance for Viksit Bharat.” Managing Director & Chief Group Editor of SANMARG, Vivek Gupta, who graced the event as ...
Read More »Blue Dart Q1 revenue up 8.5 pc at Rs 1342.71 crore
Mumbai, July 19, 2024 (TBB Bureau): Blue Dart Express on Friday announced its financial results for the first quarter (Q1FY25), reporting revenue from operations of Rs 1,342.71 crore, an increase of 8.5 per cent compared to Rs 1,237.55 crore in the first quarter of FY24. However, the company’s profit for the quarter was ₹53.42 crore, a decrease of 12.8 per ...
Read More »Reliance Jio reinforces leadership in Odisha’s digital landscape, adds over 1.85 lakh mobile subscribers in May 2024
Bhubaneswar, July 19, 2024 (TBB Bureau): In a significant achievement that underscores its dominance in the digital service sector, Reliance Jio has emerged as the top choice for mobile connectivity in Odisha. According to the latest telecom subscriber data from the Telecom Regulatory Authority of India (TRAI), Reliance Jio added a remarkable 1.85 lakh new mobile subscribers in May 2024. ...
Read More »Bank of Baroda expands reach in Odisha with new branch in Choudwar
Cuttack, July 19, 2024 (TBB Bureau): Bank of Baroda, one of India’s premier public sector banks, has taken a significant step in enhancing its presence in the semi-urban regions of Odisha with the inauguration of its latest branch in Choudwar, Cuttack. This strategic move marks BoB’s 20th semi-urban branch in the Cuttack Region and the 61st in the state of ...
Read More »Govt e-marketplace learning management system now available in 12 Indian languages
New Delhi, July 19, 2024 (TBB Bureau): The Government e-Marketplace (GeM) Learning Management System (LMS) has been upgraded to include six more official languages, bringing the total to 12. This enhancement, announced by the Commerce and Industry Ministry on Friday, aims to make the platform more accessible and user-friendly. The e-Learning training courses are now offered in Assamese, Bengali, English, ...
Read More »Suryoday Small Finance Bank opens women-managed branches ‘Suryoday Roshni’
Bhubaneswar, July 19, 2024 (TBB Bureau): Suryoday Small Finance Bank (SSFB), a leader in India’s digital banking revolution, has announced the launch of its trailblazing women-managed branches — Suryoday Roshni. Marking a historic first in the Small Finance Bank sector, these branches are dedicated to addressing the distinct financial needs of microfinance customers with a focus on women. The inaugural ...
Read More »Paradip Port Authority conducts cleanliness drive at JAGRUTY School
Paradip, July 19, 2024 (TBB Bureau): The Administrative Department of Paradip Port Authority (PPA) on Friday organised a successful cleaning program at JAGRUTY, a school dedicated to the education and care of physically and mentally challenged children. This initiative was a collaborative effort involving the Paradip Ladies Club, Paradip Saksharata Samiti, and Paradip Municipality, all working under the guidance of ...
Read More »Mines Ministry to host Mineral Exploration Hackathon and Critical Mineral Roadshow in Hyderabad tomorrow
New Delhi, July 19, 2024 (TBB Bureau): The Ministry of Mines is set to host a significant event focusing on mineral exploration and critical mineral resources at Begumpet, Hyderabad, on July 20, 2024. The occasion will be honored by Union Minister for Coal and Mines, G. Kishan Reddy, alongside the Minister of State for Coal and Mines, Satish Chandra Dubey, ...
Read More »Drone Destination and NSIC join hands to launch drone training programs across India
New Delhi, July 18, 2024 (TBB Bureau): Drone Destination, a leading player in drone technology education, and the National Small Industries Corporation (NSIC) have announced a groundbreaking partnership to establish a state-of-the-art drone training center at NSIC, New Delhi. This collaboration marks a significant step towards advancing drone technology training in India, focusing on comprehensive skills in drone operation, maintenance, ...
Read More »Dalmia Bharat reports 1pc rise in Q1 net profit to Rs 145 crore
New Delhi, July 18, 2024 (TBB Bureau): Dalmia Bharat Ltd, a prominent cement manufacturer, on Thursday announced a modest 0.7 per cent increase in its net profit for the first quarter of the fiscal year 2025 (Q1FY25), reaching Rs 145 crore as of June 30, 2024. In the same quarter last year, the company reported a net profit of Rs ...
Read More »Centurion University’s Radiology students shine in OSSC recruitment and state-level exams
BHUBANESWAR, JULY 18, 2024 (TBB BUREAU): Centurion University’s School of Paramedics and Allied Health Sciences has achieved remarkable success with its Radiology students excelling in both the Odisha Staff Selection Commission (OSSC) recruitment and state-level examinations. A total of 17 students from Centurion University’s Radiology Department have successfully cleared the rigorous OSSC recruitment process for Radiographers, securing eligibility for the ...
Read More »JSP Foundation serves over 14 lakh meals during Rath Yatra in Puri
BHUBANESWAR, JULY 18, 2024 (TBB BUREAU): In a remarkable display of dedication and service, the JSP Foundation, the social arm of Jindal Steel & Power (JSP), has once again upheld its tradition of catering to devotees during the revered Rath Yatra in Puri. From July 6 to July 17, the Foundation provided more than 14.26 lakh freshly cooked traditional Odia ...
Read More »byteXL secures $5.9 million in Series A funding to revolutionize tech education in India
Hyderabad, July 18, 2024 (TBB Bureau): byteXL India, a rapidly growing edtech platform focused on revolutionizing engineering education, has successfully secured $5.9 million in Series A funding. Led by Kalaari Capital as the primary investor, with additional support from the Michael and Susan Dell Foundation, this investment underscores byteXL’s commitment to delivering high-quality, affordable tech skills to engineering students in ...
Read More »Tata Power Renewable Energy, NHPC Renewable join hands for installation of rooftop solar projects
New Delhi, July 18, 2024 (TBB Bureau): Tata Power Renewable Energy Ltd (TPREL) has partnered with NHPC Renewable Energy Ltd (NHPC-REL), a state-owned company, to install rooftop solar projects on government buildings belonging to central ministries, states, and union territories. On Wednesday, a Memorandum of Understanding (MOU) was signed between Deepesh Nanda, CEO & MD of TPREL, and S.P. Rathour, ...
Read More »CII MSME Vendor Connect Series 2024: ‘Expanding Business Horizon’
Bhubaneswar, July 18, 2024 (TBB Bureau): The Confederation of Indian Industry (CII) is set to host the inaugural edition of the CII MSME Vendor Connect Series on July 20, 2024 at the Township Auditorium, Vedanta Meadows, Jharsuguda. The event, themed “Expanding Business Horizon,” is scheduled to commence at 10 AM. Odisha has emerged as a prominent industrial investment destination in ...
Read More »NTPC Bongaigaon employees unite to provide flood relief to Kokrajhar villages
Bongaigaon, July 18, 2024 (TBB Bureau): In a heartening show of solidarity and compassion, the employees of NTPC Bongaigaon united to support families devastated by floods in Kokrajhar’s Eastern Range, including Athiabari and the Dotma Revenue Circle. Relief and distribution camps were set up in local primary schools and bazaar areas to aid those in need across the forest villages ...
Read More »Vedanta Aluminium leads mass plantation drive in Jharsuguda under ‘Ek Ped Maa Ke Naam’ campaign
Jharsuguda, July 17, 2024 (TBB Bureau): In a significant stride towards environmental sustainability, Vedanta Aluminium, India’s largest aluminium producer, conducted a mass plantation drive in Jharsuguda as part of the Government of India’s ‘Ek Ped Maa Ke Naam’ campaign. This initiative, organized in collaboration with the Ministry of Environment, Forests, and Climate Change (MoEFCC), saw the planting of over 2,000 ...
Read More »Camposol partners with Ninjacart to bring high-quality blueberries to India
Delhi, July 17, 2024 (TBB Bureau): Camposol, Peru’s largest blueberry producer, has announced a strategic partnership with Walmart-backed Ninjacart, India’s leading agri-startup, to introduce high-quality blueberries to Indian consumers. This collaboration leverages Ninjacart’s technology-driven platform to transform the blueberry market in India. The partnership aims to revolutionize the supply chain of blueberries by using Ninjacart’s digital marketplace, tech-enabled solutions, and ...
Read More »Vedanta Aluminium illuminates the spirit of devotion at Puri Rath Yatra
Bhubaneswar, July 17, 2024 (TBB Bureau): In a testament to their unwavering commitment to Odisha’s cultural and spiritual heritage, Vedanta Aluminium, India’s largest aluminium producer, played a pivotal role in this year’s annual Rath Yatra celebrations in Puri. Over nine days, Vedanta Aluminium served millions of devotees, providing free meals, Mahaprasad, and clean drinking water, ensuring that all participants could ...
Read More »Arvind Kumar takes over as IndianOil Director (Refineries)
New Delhi, July 17, 2024 (TBB Bureau): In a significant leadership transition, Arvind Kumar has taken charge as the Director (Refineries) at IndianOil, bringing with him a vast reservoir of experience and strategic insight from his previous role as the Managing Director of Chennai Petroleum Corporation Limited (CPCL), a key entity within the IndianOil group and a Government of India ...
Read More »Odisha Industries Minister and Jagatsinghpur MP visit IndianOil Paradip Refinery, emphasize regional development
Paradip, July 17, 2024 (TBB Bureau): Odisha’s Industries Minister Sampad Chandra Swain and Jagatsinghpur MP Bibhu Prasad Tarai on Wednesday visited the IndianOil Paradip Refinery, where they participated in the ‘Maa Pain Gachhatie’ initiative by planting saplings. The visit underscored their commitment to advancing industrial development in Paradip, with a focus on benefiting local communities. The visit commenced with a ...
Read More »IRGMA urges ban on non-compliant imported gloves to safeguard healthcare
New Delhi, July 17, 2024 (TBB Bureau): The Indian Rubber Gloves Manufacturers Association (IRGMA) has launched a vigorous campaign to enhance safety standards in the healthcare sector by advocating for a ban on non-compliant imported gloves. In a series of communications to key authorities including the Ministry of Environment, Forests and Climate Change, IRGMA has highlighted significant concerns regarding the ...
Read More »Bandhan Bank introduces Bharat QR Code, revolutionizing payment solutions
Kolkata, July 17, 2024 (TBB Bureau): Bandhan Bank has unveiled its latest payment innovation with the introduction of the Bharat QR Code for its Current and Savings account customers. This cutting-edge solution is set to simplify transactions for self-employed individuals across various merchant outlets. Notably, every payment made triggers an instant notification through a compact speaker. This technology allows customers ...
Read More »Tata Power to invest Rs 20,000 crore towards capex in FY25: Chandrasekaran
MUMBAI, JULY 16, 2024 (TBB BUREAU): Tata Power, a leading integrated power company in India, is set to invest Rs 20,000 crore in capital expenditure (capex) for the fiscal year 2025, announced Chairman Natarajan Chandrasekaran on Tuesday. This significant investment aims to advance the company’s renewable energy portfolio and enhance its transmission and distribution operations, as stated during the company’s ...
Read More »Lord Jagannath’s Bahuda Yatra held in Paradip
PARADIP, JULY 16, 2024 (TBB BUREAU): In Paradip, a port city steeped in tradition, the Bahuda Yatra (return journey) of the Trinity – Lord Balabhadra, Lord Jagannath, and Goddess Subhadra – unfolded with profound religious fervour on Monday. PL Haranadh, Chairman of the Paradip Port Authority, performed the revered ‘Chhera Pahanra’ ritual, sanctifying and adorning Lord Jagannath’s majestic chariot. The ...
Read More »GMDC expands presence in Odisha with new coal mining agreement
Ahmedabad/Bhubaneswar, July 16, 2024 (TBB Bureau): Gujarat Mineral Development Corporation (GMDC), a prominent player in India’s mining and mineral processing sector, has achieved a significant milestone with the successful execution of a Coal Mining Development and Production Agreement with the Union Coal Ministry. The agreement pertains to the “Kudanali-Lubri” coal mine located in Odisha, solidifying GMDC’s commitment to bolstering the ...
Read More »Vedanta Aluminium marks World Youth Skills Day with major skill development initiatives
New Delhi, July 15, 2024 (TBB Bureau): On World Youth Skills Day, Vedanta Aluminium, the leading aluminium producer in India, underscored its dedication to youth empowerment by unveiling an extensive expansion of its skill development programs across its operational regions. This strategic move aims to enhance the skills of rural youth, transitioning them from unskilled to semi-skilled professionals through placement-linked ...
Read More »Bank of Baroda announces Monsoon Dhamaka Deposit Scheme
Mumbai, July 15, 2024 (TBB Bureau): Public sector lender Bank of Baroda (BoB) has launched the BoB Monsoon Dhamaka Deposit Scheme, a new term deposit product aimed at offering enhanced interest rates. This scheme provides two distinct tenors: 7.25% per annum for 399 days and 7.15% per annum for 333 days, applicable to retail deposits below Rs 3 crore. Senior ...
Read More »Govt inks production pacts for 3 coal mines to pave way for Rs 4,500 cr investment
NEW DELHI, JULY 15, 2024 (TBB BUREAU): The Union Coal Ministry inked development and production agreements on Monday for three coal mines auctioned in the second attempt of the 7th round, paving the way for an anticipated investment of Rs 4,500 crore. The mines involved are the Machhakata coal mine, the Kudanali Lubri coal mine, and the Sakhigopal-B Kakurhi coal ...
Read More »Vedanta Aluminium enhances healthcare access with advanced diagnostic centres in Jharsuguda and Laikera
JHARSUGUDA, JULY 15, 2024 (TBB BUREAU): Vedanta Aluminium, India’s leading producer of aluminium, has marked a significant milestone in healthcare accessibility by facilitating over 20,000 medical tests through its state-of-the-art diagnostic centres in Jharsuguda and Laikera. Since their inauguration in August 2023, these centres have emerged as pivotal hubs for comprehensive healthcare services, bolstering diagnostic capabilities and raising healthcare standards ...
Read More »Bahuda Yatra celebrates spiritual journey in Jindal Nagar
ANGUL, JULY 15, 2024 (TBB BUREAU): The air in Jindal Nagar and its surrounding villages was filled with a deep sense of spiritual fervor as thousands of devotees came together to celebrate the Bahuda Yatra festival at Devbhoomi. This auspicious occasion marked the return journey of the revered deities – Mahaprabhu Balabhadra, Devi Subhadra, and Mahaprabhu Jagannath along with Lord ...
Read More »PPL launches ‘One Lakh Plantation Drive’ to boost environmental stewardship
BHUBANESWAR, JULY 15, 2024 (TBB BUREAU): In a proactive move towards environmental conservation, Paradeep Phosphates Limited (PPL) launched its ambitious ‘One Lakh Plantation Drive’ today at its Paradeep Plant Site. This initiative, which aims to plant 100,000 saplings within the company’s premises, marks a significant step toward enhancing green cover and promoting sustainable practices. The inauguration ceremony was graced by ...
Read More »RSP’s Mechanical Shop develops critical pinch rolls in-house
ROURKELA, JULY 15, 2024 (TBB BUREAU): The industrious employees at RSP’s Mechanical Shop have reached a significant milestone by internally manufacturing critical pinch rolls for the Hot Strip Mill-2 (HSM-2). These rolls, essential for the mill’s operations, are used to pinch hot-rolled plates and feed them into the coiler mandrel, converting them into finished coils. Originally supplied during the mill’s ...
Read More »Dalmia Bharat Foundation empowers youth with electrical tool kits on World Youth Skills Day
BHUBANESWAR, JULY 15, 2024 (TBB BUREAU): In a celebration of World Youth Skills Day, Dalmia Bharat Foundation (DBF), the CSR arm of Dalmia Bharat Ltd (DBL), supported the ambitions of aspiring electricians by distributing electrical tool kits at its DIKSHa (Dalmia Institute of Knowledge and Skill Harnessing) center in Rajgangpur on Monday. Supported by Schneider Electric India Foundation, DBF handed ...
Read More »TPCODL celebrates successful Tata Sustainability Month 2024 with grand closing ceremony
BHUBANESWAR, JULY 15, 2024 (TBB BUREAU): Tata Power Central Odisha Distribution Limited (TPCODL) concluded its successful participation in Tata Sustainability Month (TSM) 2024 with a grand closing ceremony. The event, attended by TPCODL CEO Arvind Singh, senior leadership, employees, and their families, highlighted the company’s unwavering commitment to promoting a greener future. “Tata Sustainability Month provided a valuable platform to ...
Read More »India’s automobile retail sales post 9.4pc growth in Q1 of FY 2024-25: FADA
NEW DELHI, JULY 15, 2024 (TBB BUREAU): Driven by a spike in two-wheeler and three-wheeler sales, India’s automobile retail numbers posted a substantial growth of 9.4 per cent in the first quarter of 2024-25, compared to the same time last fiscal, said data shared by the Federation of Automobile Dealers Associations (FADA). Two-wheelers (2W) led the charge with an impressive ...
Read More »Prime Day 2024: Small businesses shine with over 3200 new product launches on Amazon.in
Bhubaneswar, July 15, 2024 (TBB Bureau): This Prime Day, Amazon.in is set to be the stage for a major showcase of small business innovation, with over 3200 new products being launched across various categories, including home and kitchen, fashion and grooming, jewelry, handmade products, and more. Renowned brands such as Behoma, Dream of Glory, and Orika Spices are among the ...
Read More »Dalmia Bharat celebrates Rath Yatra by honouring Odisha’s Rath Shilpakar
PURI, JULY 13, 2024 (TBB BUREAU): Dalmia Bharat Limited (DBL) celebrated Odisha’s rich cultural heritage with a vibrant tribute during the auspicious Rath Yatra in Puri. As part of its ‘Saluting the Expert’ initiative, DBL honored four esteemed artisans with the ‘DSP Expert Rath Shilpkar Samman’ for their exceptional craftsmanship in creating the majestic chariots that grace the streets during ...
Read More »IndianOil launches STORM-X Racing Fuel, marks maiden delivery from Paradip Refinery
PARADIP, JULY 13, 2024 (TBB BUREAU): IndianOil has marked a significant milestone in the realm of motor racing with the launch of STORM-X, a cutting-edge high octane gasoline specially crafted for racing cars. The inaugural dispatch ceremony took place from Paradip Refinery to the Madras International Circuit in Chennai. The event was virtually flagged off by V Satish Kumar, Director ...
Read More »IREDA accelerates Odisha’s renewable energy drive
BHUBANESWAR, JULY 13, 2024 (TBB BUREAU): In a significant stride towards sustainable development, the Indian Renewable Energy Development Agency (IREDA) has ramped up efforts to harness Odisha’s burgeoning renewable energy potential. With the state’s current installed renewable energy capacity touching approximately 2.8 GW as of June 2024, including substantial contributions from large hydro, solar, and wind sources, Odisha stands poised ...
Read More »TiE Bhubaneswar event sets stage for entrepreneurial growth in Odisha
Bhubaneswar, July 12, 2024: TiE Bhubaneswar orchestrated a pivotal event themed “Fostering a Thriving Entrepreneurial Ecosystem” on Friday, aiming to bolster Odisha’s business landscape. This gathering brought together government officials, industry leaders, and aspiring entrepreneurs to strategize on strengthening support structures for new ventures in the region. Murali Bukkapatnam, Vice Chair of the TiE Global Board of Trustees, delivered an ...
Read More »India’s CPI inflation rises to 5.08 pc in June due to higher food prices
New Delhi, July 12, 2024 (TBB Bureau): India’s consumer price inflation rose to 5.08 percent in June compared to the same month last year, driven by higher prices of vegetables and pulses, according to data released by the Ministry of Statistics on Friday. Vegetable prices surged by 29.32 percent due to a severe heat wave in northern states impacting production, ...
Read More »Exemption of technical feasibility study for rooftop solar systems up to 10KW: OERC
Burla, July 12, 2024 (TBB Bureau): The Odisha Electricity Regulatory Commission (OERC) has issued an order on July 2, 2024, vide Ref No. OERC/Engg.-2/2006/701, waiving the requirement of a pre-installation technical feasibility study by discoms for rooftop solar systems up to 10KW. This order streamlines the process for consumers applying for rooftop solar systems under various government programs. Previously, discom ...
Read More »Tata Power invests Rs 4,245 crore in Odisha for infrastructure expansion, network upgradation
Bhubaneswar, July 12, 2024 (TBB Bureau): Tata Power-led power distribution companies (Discoms) have significantly bolstered Odisha’s power infrastructure, with an investment of Rs 4,245 crore in infrastructure expansion and network upgrades over the past 3-4 years, the company announced on Friday. The company operates four Discoms in joint ventures with the government of Odisha: TP Central Odisha Distribution (TPCODL), TP ...
Read More »IIM Sambalpur to offer vernacular language mentoring for small business owners
Sambalpur, July 12, 2024 (TBB Bureau): In a pioneering move aimed at revitalizing local businesses while preserving cultural heritage, IIM Sambalpur has launched the second edition of its 12-day weekend certificate program, titled the ‘Small Business Management Training Programme.’ This initiative, organized in collaboration with SIDBI and conducted under the Centre for Responsible Business, targets Master Weavers from Western Odisha. ...
Read More »TPSODL inaugurates new office in Kalimela to enhance employee environment and consumer services
Berhampur, July 12, 2024 (TBB Bureau): Tata Power Southern Odisha Distribution Limited (TPSODL) has recently inaugurated a new office building for the Kalimela Section under the Malkangiri Division, aiming to enhance both employee working conditions and consumer services. The inauguration, a noteworthy event, saw the presence of Malkangiri Executive Engineer Asis Kumar Jena and SDO Karthik Chandra Das, along with ...
Read More »Indian Railways achieves record coal loading of 728 million tons in 2023-24
New Delhi, July 12, 2024 (TBB Bureau): Indian Railways has achieved a significant milestone in coal transportation, marking a record increase in coal loading during the financial year 2023-24. According to data released by the Ministry of Railways, coal loading surged to 787.58 million tons, up from 727.98 million tons in the previous fiscal year 2022-23, registering a substantial rise ...
Read More »Sunfeast Marie Light shines at Puri Rath Yatra 2024 with innovative ‘Sunfeast Surjyalay’ experience zone
Puri, July 12, 2024 (TBB Bureau): The annual Rath Yatra festival in Puri has taken on a new dimension this year with the introduction of the ‘Sunfeast Surjyalay’ experience zone by Sunfeast Marie Light. Dedicated to celebrating the cultural extravaganza and the symbolic significance of the sun, the zone offers devotees a unique opportunity to engage deeply with the festival. ...
Read More »
THEBUSINESSBYTES.COM Fast. Focused. Future-ready