New Delhi, July 11, 2024 (TBB Bureau): Government e-Marketplace (GeM) has reported a substantial growth with a gross merchandise value (GMV) of Rs 1.25 lakh crore in the first quarter (April-June) of the financial year 2024-25, marking a remarkable 136% increase from last year’s Rs 52,670 crore in the same quarter. The services segment emerged as the key driver, achieving ...

New Delhi, July 11, 2024 (TBB Bureau):  Vedanta Aluminium, India’s largest producer of aluminium, has announced a significant expansion of its electric lithium-ion forklift fleet to 66 units, further cementing its position as the largest operator of such forklifts in the country. This strategic move underscores the company’s dedication to sustainable practices and its ongoing decarbonization journey. In a recent ...

New Delhi, July 11, 2024 (TBB Bureau):  The Exploration and Production (E&P) sector presents investment opportunities worth 100 billion USD by 2030, announced Hardeep Singh Puri, Minister of Petroleum & Natural Gas, during his address at the inaugural session of the first edition of Urja Varta. Emphasizing the sector’s role in achieving energy self-sufficiency and fostering economic growth, the Minister ...

Mumbai, July 11, 2024 (TBB Bureau): Tata Consultancy Services (TCS), India’s leading IT software services exporter, reported a 9 per cent rise in net profit to Rs 12,040 crore for the first quarter of the fiscal year 2024-25, compared to the same period last year. The company’s board approved an interim dividend of Rs 10 per share for the quarter, ...

New Delhi, July 11, 2024 (TBB Bureau): Punjab National Bank (PNB), the nation’s leading public sector bank, has signed a Memorandum of Understanding (MoU) with the Steel Authority of India Limited (SAIL) to provide Home Loans, Car Loans, and Education Loans to SAIL employees at concessional rates and with attractive features. This strategic partnership aims to enhance the financial well-being ...

Bhubaneswar, July 11, 2024 (TBB Bureau): For years, Aashirvaad Atta, has been a cherished part of this iconic regional festival. Continuing its journey, this year, Aashirvaad Atta presents an innovative campaign titled ‘Ratha Yatra Eka Aithiya’ — which translates to ‘Rath Yatra: An Eternal Journey.’ Pulling the chariot during the Puri Rath Yatra is a divine ritual, believed to bring ...

Bhubaneswar, July 10, 2024 (TBB Bureau): The Kalinga Institute of Social Sciences (KISS), Bhubaneswar, signed a Memorandum of Understanding (MoU) with Armoured Vehicles Nigam Limited (AVNL) on Wednesday. The MoU was signed by Biswaranjan Pattanaik, Director of HR, on behalf of AVNL, and Prashanta Kumar Routray, Registrar of KISS-DU, on behalf of KISS, in the presence of Achyuta Samanta, Founder ...

PARADIP, JULY 10, 2024 (TBB BUREAU): Paradip Port Authority (PPA) has marked a momentous achievement, clocking an unprecedented 41.12 million metric tons (MMT) of cargo handling within the first 100 days of the fiscal year 2024-25. This remarkable performance sets a new record in the port’s history, demonstrating a 4.78 per cent growth compared to the 39.25 MMT achieved during ...

Bhubaneswar, July 9 (TBB Bureau):  The third-time MP of Lok Sabha and Chairman of Jindal Steel & Power (JSP), Naveen Jindal, on Tuesday led a delegation from the Indian Steel Association to meet with the newly appointed Chief Minister of Odisha, Mohan Charan Majhi. The delegation, comprising key stakeholders of Odisha’s steel industry, convened to extend congratulations and discuss the ...

BHUBANESWAR, JULY 9, 2024 (TBB BUREAU): Kalyani Steels Limited (KSL) has announced the appointment of Motiprakash Rath as Vice President – Corporate Affairs. Rath brings over three decades of extensive experience in Corporate Affairs, Corporate Communication, CSR, R&R, Land Acquisition, and Strategic Communication, making him a seasoned leader. His previous roles at IMFA and Adani Enterprise demonstrated his expertise in ...

BHUBANESWAR, JULY 8, 2024 (TBB BUREAU): India’s rapid urbanization has spurred the widespread construction of impermeable pavements such as bituminous and concrete surfaces. These surfaces exacerbate stormwater runoff during rainfall, leading to flood-like conditions in many cities. Moreover, the increase in impermeable surfaces coupled with urban population growth has significantly depleted groundwater reserves, impacting urban residents’ quality of life. Recognizing ...

BHUBANESWAR, JULY 8, 2024 (TBB BUREAU):  In a resounding commitment to environmental stewardship, Dalmia Bharat Limited (DBL), one of India’s leading cement manufacturers, marked a significant milestone with the celebration of ‘Van Mahotsav’ in Odisha. The week-long festival, spanning from July 1st to July 7th, showcased an array of impactful green initiatives and community engagements across the state, epitomizing DBL’s ...

HYDERABAD, JULY 8, 2024 (TBB BUREAU): The Board of directors of Hyderabad-based leading socks and cotton products manufacturing company Filatex Fashions Ltd. has approved 5-for-1 stock split. The company’s board approved the sub-division of existing one equity share having a face value of Rs 5 each fully paid up into five equity shares of Rs 1 each fully paid-up. The ...

NEW DELHI, JULY 8, 2024 (TBB BUREAU): SANY India, a leading manufacturer of construction equipment, has inaugurated a new Company Owned, Company Operated (COCO) office in Delhi, showcasing its commitment to growth and customer satisfaction in the Indian market. The opening ceremony, led by Managing Director Deepak Garg and Business Unit Head Shashank Pandey, highlighted the office’s strategic importance. Spread ...

MUMBAI, JULY 8, 2024 (TBB BUREAU): When Jyothi Yarraji, the fastest Indian hurdler, takes to the track at the Paris 2024 Olympics, she will be in uncharted territory. Jyothi, supported by the Reliance Foundation, will be the first Indian woman ever to compete in the women’s 100m hurdles at the Olympics. The women’s 100m hurdles event has been a part ...

BHUBANESWAR, JULY 8, 2024 (TBB BUREAU): Arindam Sinha has taken on the role of Regional Executive Director (RED) at NTPC (Eastern Region-II) Headquarters, commencing his duties on July 5, 2024. Prior to this appointment, he served as the Executive Director, Corporate Operation Services. Sinha holds a degree in Mechanical Engineering from the Indian Institute of Engineering Science and Technology, Shibpur, ...

PARADIP, JULY 07, 2024 (TBB BUREAU): The IndianOil Paradip Refinery Township resonated with joy and spiritual fervour on Sunday as residents and visitors alike came together to celebrate the sacred Rath Yatra. This annual procession marked the journey of Lord Jagannath, Lord Balabhadra, and Goddess Subhadra, enveloping the air with hymns, drum beats, and the sweet fragrance of flowers. Meticulously ...

JHARSUGUDA, JULY 7, 2024 (TBB BUREAU): Vedanta Aluminium, India’s largest producer of aluminium, reverberated with religious zeal and festive cheer as it commemorated Rath Yatra at its sprawling township, Vedanta Meadows, in Jharsuguda on Sunday. The event, marked by vibrant celebrations, witnessed the procession of three magnificently adorned chariots carrying the idols of Lord Jagannath, Lord Balabhadra, and Devi Subhadra. ...

Angul, July 7, 2024 (TBB Bureau): In a vibrant display of cultural splendour and devout fervour, the Rath Yatra festival at Devboomi, Jindal Nagar here, captivated the hearts of thousands of devotees from near and far. Led by esteemed figures including Jindal Steel & Power (JSP) Chairman and Member of Parliament Naveen Jindal, the festival unfolded with meticulous adherence to ...

Bhubaneswar, July 6, 2024 (TBB Bureau):  Centurion University’s Dr. MS Swaminathan School of Agriculture has achieved a remarkable milestone in agricultural education by securing the top position in the prestigious Agriculture category of the Outlook-ICARE India’s Top Colleges 2024 Rankings. This accolade underscores the School’s unwavering commitment to delivering exceptional education and advancing agricultural research and training. Centurion University emerges ...

Bhubaneswar, July 6, 2024 (TBB Bureau):  In a significant meeting here on Saturday, Anil Agarwal, Chairman of Vedanta Group, congratulated Chief Minister Mohan Charan Majhi on the formation of Odisha’s new government. Highlighting Vedanta’s steadfast commitment to the state’s growth, Agarwal discussed collaborative opportunities aimed at further bolstering Odisha’s industrial and socio-economic landscape. Renowned for his leadership at Vedanta Group, ...

Bhubaneswar, July 5, 2024 (TBB Bureau): The Rath Yatra festival, a crowning jewel of Odisha’s rich cultural heritage, has been a beacon of tradition and faith for centuries. This year, the festival’s grandeur is set to reach new heights as Aashirvaad Atta, India’s leading atta brand, introduces a groundbreaking initiative, ‘Rath Yatra – Eka Aitihya,’ seamlessly blending innovation with age-old ...

Bhubaneswar, July 5, 2024 (TBB Bureau): Aashirvaad Salt is gearing up to celebrate the globally renowned Puri Rath Yatra 2024 with an innovative initiative, ‘Aashirvaad Iodine ka Chheenta’. This unique campaign aims to raise awareness about the critical importance of iodine in daily diets and encourages devotees to pledge to include iodized salt in their routine. This innovative campaign by ...

Mumbai, July 5, 2024 (TBB Bureau): Ageas Federal Life Insurance, a trailblazer in the Indian private life insurance sector, has unveiled its latest innovative offering: the Ageas Federal Life Insurance Golden Years Pension Plan, complemented by the Bluechip Pension Fund. This cutting-edge plan is designed to revolutionize retirement planning, ensuring policyholders enjoy a secure, prosperous, and joyful retirement. The Golden ...

New Delhi, July 4, 2024 (TBB Bureau): The Indian government is set to unveil a new Ship Building and Ship Repair Policy as part of its 100-day action plan, aiming to elevate India among the top 10 global players in the sector by 2030 and the top 5 by 2047, according to TK Ramachandran, Secretary of the Ministry of Ports, ...

Jharsuguda, July 4, 2024 (TBB Bureau): Vedanta Aluminium, India’s largest producer of aluminium, has recently celebrated the successful completion of two years of its e-learning initiative, Vidyagraha. This initiative aims to enhance access to quality education for students in rural Odisha. In celebration of this milestone, the company recognized 17 headmasters from participating schools who achieved a 100 per cent ...

Bhubaneswar, July 4, 2024 (TBB Bureau): In a distinguished ceremony on Thursday, Bansidhar & Ila Panda Foundation (BIPF), the philanthropic wing of Indian Metals and Ferro Alloys Limited (IMFA), celebrated the remarkable achievements of the recipients of the prestigious ‘Professor Ghanashyam Dash Scholarship for Higher Education’ (PGDS) for the academic year 2023-2024. The PGDS, now in its 19th edition, recognized ...

Berhampur, July 4, 2024 (TBB Bureau): In a significant stride towards promoting menstrual health and sustainability, Tata Power Southern Odisha Distribution Limited (TPSODL) organized a pioneering Menstrual Health & Hygiene Session at KC Girls’ High School, Gosaninuagaon, as part of the Tata Sustainability Month celebrations. Over 100 young girls participated enthusiastically in this transformative event, gaining essential knowledge about maintaining ...

Rourkela, July 4, 2024 (TBB Bureau): The SAIL-run Rourkela Steel Plant (RSP) has achieved remarkable milestones in the first quarter of the fiscal year 2024-25 (FY25), underscoring its position as a leader in the steel industry. From April to June 2024, RSP recorded its highest-ever production of Saleable Steel, totalling 10,68,283 tonnes, surpassing the previous record of 9,72,974 tonnes set ...

New Delhi, July 4, 2024 (TBB Bureau):  Dalmia Bharat Limited (DBL), a prominent name in India’s cement industry, on Thursday announced the successful launch of commercial production at its newly expanded cement manufacturing unit in Kadapa, Andhra Pradesh. The plant, which previously operated at a capacity of 2.6 MTPA, has now added an additional 1.0 MTPA, bringing Dalmia Bharat’s total ...

New Delhi, July 4, 2024 (TBB Bureau):  Union Minister for Commerce and Industry, Piyush Goyal, on Thursday unveiled significant concessions aimed at boosting entrepreneurship among women and supporting MSMEs in the petroleum and explosives sectors. According to an official statement released on Thursday, these measures include an 80 per cent fee reduction for women entrepreneurs and a 50% reduction for ...

Bongaigaon, July 4, 2024 (TBB Bureau): NTPC Bongaigaon achieved a significant milestone on Thursday with the grand inauguration of the Girl Empowerment Mission (GEM), a pioneering initiative dedicated to nurturing the potential of young girls in the region. The ceremony was graced by Ukil Muchahary, Executive Member of BTR, Water Resources, Food and Civil Supplies & Consumer Affairs, Co-operation, Welfare ...

New Delhi, July 4, 2024 (TBB Bureau):  Torque Pharma on Thursday announced its prestigious recognition as the “Best Healthcare Brand of 2024” by ET Edge, solidifying its position as a leader in the healthcare sector. Following rigorous evaluations, Torque Pharma emerged as a standout brand renowned for its effectiveness and trustworthiness. Embodying the ethos of ‘Better Together’, Torque Pharma has ...

Gurgaon, July 4, 2024 (TBB Bureau): Kenstar, the leader in the air cooler segment, has made a significant stride by launching a new range of large appliances. The announcement was made at the company’s Annual Business Meet held  in Gurgaon on Thursday, where over 1000 partners gathered for a day of celebration, collaboration, and future planning. Kenstar reported remarkable achievements ...

New Delhi, July 4, 2024 (TBB Bureau): The Finance Ministry has announced a 7.1 percent interest rate for the General Provident Fund (GPF) and similar provident fund schemes for Central government employees for the July-September quarter of the fiscal year 2024-2025. In a circular dated July 3, the Finance Ministry stated, “It is announced for general information that during the ...

Mumbai, July 3, 2024 (TBB Bureau): Capri Loans, a leading non-banking financial company, is poised for expansion with the opening of 70 Micro-Loan Against Property (LAP) branches across six states in the fiscal year 2025. The strategic growth plan targets regions in southern India such as Andhra Pradesh and Telangana, along with northern states including Madhya Pradesh, Gujarat, Rajasthan, and ...

New Delhi, July 2, 2024 (TBB Bureau): Honda Cars India Ltd. (HCIL), a leading manufacturer of premium cars in India, has unveiled its exciting “Honda Magical Monsoon” promotional campaign. This campaign offers attractive benefits and assured gifts on the purchase of its premium range of Honda cars, valid from July 1 to July 31, 2024, at all dealerships nationwide. Customers ...

New Delhi, July 2, 2024 (TBB Bureau):  In a momentous collaboration, Tasva, the celebrated men’s Indian wear brand by Aditya Birla Fashion and Retail Ltd., joined forces with renowned designer Tarun Tahiliani to design the ceremonial attire for Team India at the upcoming Paris Olympics 2024. The Official Ceremonial Dress was unveiled on Tuesday by Union Minister for Youth Affairs ...

Bhubaneswar & New Delhi, July 2, 2024 (TBB Bureau): Vedanta Aluminium, India’s largest aluminium producer, has been honoured with the prestigious Kalinga Energy Excellence Award and Kalinga Environment Excellence Award for its alumina refinery unit at Lanjigarh in Kalahandi district of Odisha. These accolades were presented by the Institute of Quality and Environment Management (IQEMS) in collaboration with the Odisha ...

Bongaigaon, July 2, 2024 (TBB Bureau): NTPC Bongaigaon has successfully inaugurated three vital community projects in Bashbari village as part of its Corporate Social Responsibility (CSR) initiatives. These projects include a Digital Anganwadi Centre, a Smart Class at Bashbari High School, and the installation of solar panels and a waiting shed at the community library. The inauguration ceremony was presided ...

New Delhi, July 1, 2024 (TBB Bureau): Honda Cars India Ltd. (HCIL), leading manufacturer of premium automobiles in India, has announced robust sales figures for June 2024, totalling 9,776 units. This includes 4,804 units sold domestically and 4,972 units exported. Kunal Behl, Vice President of Marketing & Sales at Honda Cars India Ltd., commented on the company’s performance, noting the ...

KOLKATA, JULY 1, 2024 (TBB BUREAU): Coal India Limited (CIL) announced a robust 8 per cent increase in coal production, achieving 189.3 million tonnes in the first quarter of the current fiscal year, surpassing its target of 189.2 million tonnes. This growth marks a significant rise of 13.8 million tonnes compared to the same quarter in FY’24, driven by positive ...

JODA/BARBIL, JULY 1, 2024 (TBB BUREAU):  JSP Foundation, the social arm of Jindal Steel & Power (JSP), has announced the launch of its flagship project ‘Vatsalya.’ This initiative aims to improve the health and nutritional status of women, children, and adolescent girls in the tribal-dominated Barbil region. The project will initially pilot in the Deojhar, Serenda, and Bhadrasahi Gram Panchayats, ...

Chennai (India) / Castelguelfo Bologna (Italy), July 1, 2024 (TBB Bureau): In a strategic move aimed at bolstering its presence in the global automotive aftermarket, SI Air Springs, a subsidiary of the USD 3 billion conglomerate TVS Mobility, has successfully completed the acquisition of Roberto Nuti Group. This acquisition, finalized on June 28, 2024, marks a significant expansion for TVS ...

NEW DELHI, JULY 1, 2024 (TBB BUREAU): On Monday, the price of jet fuel (Aviation Turbine Fuel or ATF) was increased by 1.2 per cent, while the cost of commercial LPG used in hotels and restaurants was reduced by Rs 30 per 19-kg cylinder, in alignment with international oil price trends. According to a price notification from state-owned fuel retailers, ...

NEW DELHI, JULY 1, 2024 (TBB BUREAU): In a landmark initiative, the government-run Open Network for Digital Commerce (ONDC) announced the induction of 300 sellers and 400 women entrepreneurs into its e-commerce platform on Monday. This significant expansion aims to empower local businesses and artisans across India. The newly onboarded 300 sellers hail from six notable clusters: Lucknow (Chikankari), Moradabad ...

WASHINGTON/MUMBAI, JULY 1, 2024 (TBB BUREAU): In a powerful stride towards women’s empowerment, the 2024-25 WomenLeaders India Fellowship has been officially launched today. This prestigious program, a joint effort by Reliance Foundation and Vital Voices, is designed to elevate 50 extraordinary women leaders within India’s social sector, fostering transformative change and innovation across the nation. Aligning with India’s G20 Presidency ...

BHUBANESWAR, JULY 1, 2024 (TBB BUREAU): Centurion University of Technology & Management’s (CUTM) Bhubaneswar campus witnessed a groundbreaking fusion of innovation and expertise during a two-day national conference-cum-workshop on “Advancement in Animal Handling and Generative AI for Pre-Clinical Studies,” sponsored by AYUSH. Held on June 28-29, the event attracted over 300 students and 100 faculty members, marking a significant leap ...

Angul, June 27, 2024 (TBB Bureau): In a significant step towards eliminating tuberculosis (TB) in India, JSP Foundation, the Corporate Social Responsibility (CSR) arm of Jindal Steel & Power, has been officially registered as a Ni-Kshay Mitra under the Pradhan Mantri TB Mukta Bharat Abhiyan. The Central Ministry of Health and Family Welfare, Government of India, presented the certificate of ...

Sambalpur, June 27, 2024 (TBB Bureau): Mahanadi Coalfields Limited (MCL) has achieved a remarkable milestone by surpassing 50 million tonnes (MT) of coal dispatch for the fiscal year 2024-25. This achievement came seven days ahead of the previous record, setting a new benchmark in operational excellence for the company. This accomplishment reflects a robust 7.7 per cent growth in overall ...