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H&M enters Odisha market with opening of new store in Bhubaneswar

PRIYABRAT BISWAL BHUBANESWAR, JANUARY 9, 2021 Fast fashion brand and international retailer Hennes and Murtitz AB (H&M) entered the Odisha market with opening of a new store in Bhubaneswar on Saturday. The world’s second largest fashion retailer H&M, which had made its India debut in the Select Citywalk Mall in New Delhi in October 2015, opened doors to its latest ...

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MECL, OMECL join hands to augment exploration of Odisha’s mineral resources

TBB BUREAU BHUBANESWAR, JANUARY 8, 2021 Mineral Exploration Corporation Limited (MECL) has entered into an agreement with Odisha Mineral Exploration Corporation Limited (OMECL) for augmenting the exploration of the rich mineral resources in Odisha. A memorandum of understanding (MoU) to this effect was signed by Ranjit Rath, CMD, MECL and Vineel Krishna, Managing Director OMECL, at Bhubaneswar on Friday in ...

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Coal India to cross 650 MT production mark in FY21

TBB BUREAU TALCHER (ANGUL), JANUARY 8, 2021 Coal India Limited (CIL) would cross 650 million tonne production mark during the current financial, CIL Chairman Pramod Agrawal said on Friday. Coal India had produced 405 million tonne coal by third financial quarter ending December 31, 2020, which has a contribution of 101.8 million tonne from Odisha-based Mahanadi Coalfields Limited (MCL).  Agrawal ...

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SBI offers further interest concession on home loans

TBB BUREAU MUMBAI, JANUARY 8, 2021 With an aim to offer attractive concessions to the home buyers, country’s largest lender, State Bank of India (SBI) on Friday announced further interest concession of upto 30 bps on home loans and 100 percent waiver on processing fees. “SBI, being a leader in home finance, will continue to make endeavours in reviving consumer ...

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SBI, IOCL launch contactless RuPay Debit card

TBB BUREAU MUMBAI, JANUARY 8, 2021 Raising the bar with newer offerings for the customers in the New Year, India’s largest lender State Bank of India (SBI) and country’s largest fuel retailer Indian Oil Corporation Limited (IOCL) launched co-branded contactless Rupay debit card. SBI Chairman Dinesh Kumar Khara and IndianOil Chairman Shrikant Madhav Vaidya launched the SBI-Indian Oil RuPay Debit ...

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Acer boosts Predator & Nitro gaming monitor portfolios with new models

TBB BUREAU BENGALURU, JANUARY 8, 2021 Taiwanese brand Acer on Friday unveiled a host of new products in its expanding Predator and Nitro portfolios with three gaming monitors suited to a wide range of gamers, from elite professionals requiring top-of-the line technology to casual gamers who play for fun. Additionally, Acer is the first to deliver TÜV Rheinland Eyesafe certified ...

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Angul DM lauds JSPL Foundation’s women empowerment initiatives

TBB BUREAU ANGUL, JANUARY 7, 2021 During his visit to the Women Livelihood Center set up by JSPL Foundation, the CSR Arm of Jindal Steel & Power Ltd (JSPL), at Village Bada Mahitala under Chhendipada Block, Angul Collector Siddharth Shankar Swain lauded the initiatives taken by the Foundation to empower rural women. The Collector visited mushroom spawn making, mushroom cultivation, ...

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Tata Power takes over power distribution in Western and Southern Odisha

TBB BUREAU BHUBANESWAR, JANUARY 7, 2021 Tata Power, India’s largest integrated power utility, on Thursday announced that it has taken over the management and operations of WESCO and SOUTHCO upon completion of sale process. Now, WESCO and SOUTHCO will operate under the names TP Western Odisha Distribution Limited (TPWODL) and TP Southern Odisha Distribution Limited (TPSODL), respectively. With this takeover, ...

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Aluminium major NALCO to invest Rs. 30,000 for expansion and business diversification: Union Mines Minister Pralhad Joshi

TBB BUREAU BHUBANESWAR, JANUARY 07, 2021 “It is indeed commendable that NALCO, which started with a modest investment way back in 1981 continues its leadership position with excellent performance for more than four decades. Forty glorious years of sustainable growth reflects the fact that NALCO has matured in the business cycle and now exponential growth and expansion will take this ...

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