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KABIL and CSIR-NGRI ink pact to advance geophysical investigations in critical minerals sector

BHUBANESWAR, APRIL 24, 2024 (TBB BUREAU): Khanij Bidesh India Limited (KABIL) on Wednesday formalized a Memorandum of Understanding (MoU) with the Council of Scientific and Industrial Research – National Geophysical Research Institute (CSIR-NGRI) to solidify a lasting partnership in geophysical investigations. This alliance aims to fortify KABIL’s endeavors in critical and strategic mineral projects. The MoU signing ceremony took place ...

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Vedanta Aluminium hosts ‘AutoEdge 2024’ conclave, showcases aluminium range for automotive industry

NEW DELHI, APRIL 24, 2024 (TBB BUREAU):  In a bid to foster collaboration and innovation within India’s automotive sector, Vedanta Aluminium, the nation’s foremost aluminium producer, orchestrated the ‘AutoEdge 2024’ conclave in New Delhi. The event, which drew participation from top automakers and component manufacturers, served as a platform to showcase Vedanta Aluminium’s diverse range of aluminium products tailored for ...

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Dalmia Cement launches new immunization centre at SPANDAN Hospital

RAJGANGPUR, APRIL 24, 2024 (TBB BUREAU): Dalmia Cement (Bharat) Limited, in collaboration with Zilla Swasthya Samiti, NHM Sundargarh, inaugurated a new immunization centre at SPANDAN Hospital in Rajgangpur. Recognized as the premier hospital within industrial settings for its top-notch infrastructure and services, SPANDAN Hospital offers round-the-clock emergency and ambulance services, as well as OPD services catering to employees, their families, ...

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TPCODL sparks relief: Over 84,500 consumers in Cuttack City to enjoy uninterrupted power amidst sweltering heatwave

BHUBANESWAR, APRIL 22, 2024 (TBB BUREAU): Tata Power Central Odisha Distribution Limited (TPCODL), renowned for its consumer-centric ethos and commitment to providing high-quality power, has taken bold strides to enhance electricity services for consumers in Odisha. Amidst the sweltering heatwave gripping the region and soaring electricity demands, TPCODL has implemented significant infrastructural developments to alleviate the plight of residents. In ...

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Reliance Industries hits Rs 10 lakh crore milestone in gross revenues

MUMBAI, APRIL 22, 2024 (TBB BUREAU): Reliance Industries Limited (RIL), spearheaded by billionaire Mukesh Ambani, on Monday announced a landmark achievement with gross revenues reaching Rs 10 lakh crore ($119.9 billion) for the fiscal year ending March 31, 2024, marking a 2.6 percent year-on-year (Y-o-Y) increase. Notable highlights include an 11.7 percent year-on-year revenue growth for Jio Platforms, driven by ...

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Finance Ministry announces Rs 32,000 crore Government Bond sale

NEW DELHI, APRIL 22, 2024 (TBB BUREAU): The Union Finance Ministry on Monday revealed plans for the sale of government bonds totaling Rs 32,000 crore, slated for Friday, April 26, 2024. Divided into two categories, the first offering comprises “7.1 per cent Government Security 2034” valued at Rs 20,000 crore, while the second includes “7.46 per cent Government Security 2073” ...

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Vedanta Aluminium accelerates shift to renewables, deploys biomass for power generation on Earth Day

NEW DELHI, APRIL 22, 2024 (TBB BUREAU): Vedanta Aluminium, India’s leading aluminium producer, marked Earth Day 2024 with a significant stride towards sustainability by implementing biomass briquettes for power generation. The company has commenced the use of 20 tonnes of biomass briquettes per day at its state-of-the-art alumina refinery at Lanjigarh in Odisha. This transition is expected to reduce the ...

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CCI launches market study on Artificial Intelligence and competition in India

NEW DELHI, APRIL 22, 2024 (TBB BUREAU): In a bid to comprehensively understand the evolving landscape of Artificial Intelligence (AI) and its implications on competition, the Competition Commission of India (CCI) has announced the initiation of a Market Study. This pioneering endeavour aims to delve deep into the transformative potential of AI while addressing pertinent competition concerns arising from its ...

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TPCODL’s Daksh Programme empowers Odisha’s youth with market-ready skills

BHUBANESWAR, APRIL 21, 2024 (TBB BUREAU):  Tata Power Central Odisha Distribution Limited (TPCODL) is taking strides in youth empowerment through its latest Corporate Social Responsibility (CSR) endeavor, the Daksh programme. This initiative focuses on providing market-ready skill training to rural youth in Odisha, aiming to create avenues for meaningful employment and entrepreneurship. Recently, TPCODL celebrated a milestone with the convocation ...

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IRDAI removes age limit for health insurance, enhancing accessibility and protection

NEW DELHI, APRIL 21, 2024 (TBB BUREAU): In a move aimed at broadening the scope of the healthcare insurance market and providing comprehensive coverage, the Insurance Regulatory and Development Authority of India (IRDAI) has eliminated the age limit of 65 years for individuals purchasing health insurance policies. This significant departure from conventional constraints is expected to make healthcare coverage more ...

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India’s Direct Tax collections surge by 17.7pc to Rs 19.58 lakh crore

NEW DELHI, APRIL 21, 2024 (TBB BUREAU): India’s net direct tax collections for the fiscal year ended March 31, 2024 witnessed a substantial surge, recording a remarkable 17.7 per cent increase to reach Rs 19.58 lakh crore, announced the tax department on Sunday. The net collections of income and corporate taxes, which constitute the majority of direct taxes, surpassed both ...

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EPFO’s provisional payroll data reveals addition of 15.48 lakh net members in February 2024

NEW DELHI, APRIL 20, 2024 (TBB BUREAU): According to provisional payroll data released by the Employees’ Provident Fund Organisation (EPFO) on April 20, 2024, the organisation has witnessed a substantial increase of 15.48 lakh net members in the month of February 2024. The data further highlights that approximately 7.78 lakh new members were enrolled during February 2024. Notably, a significant ...

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Indian Railways to operate record-breaking 9111 trips during summer season

NEW DELHI, APRIL 19, 2024 (TBB BUREAU): In anticipation of heightened travel demand during the summer months, Indian Railways is gearing up to operate a record-breaking 9111 trips, showcasing its commitment to meeting passenger needs effectively. This substantial increase from the 6369 trips offered during the summer of 2023 demonstrates Indian Railways’ dedication to ensuring passenger convenience and seamless travel ...

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ICRA forecasts decline in domestic mining & construction equipment industry volumes for FY25

BHUBANESWAR, APRIL 18, 2024 (TBB BUREAU): Leading credit rating agency ICRA has projected a decline in the volumes of the domestic Mining & Construction Equipment (MCE) industry for the fiscal year 2025, following two consecutive years of robust growth. The industry witnessed remarkable growth rates of 26% in FY2023 and 24% in FY2024. However, ICRA anticipates a reversal of this ...

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Dalmia’s Vision Care Initiative Benefits Underprivileged Communities in Odisha

BHUBANESWAR, APRIL 17, 2024 (TBB BUREAU):  In a concerted effort to address the healthcare needs of underprivileged communities, the Dalmia Bharat Foundation (DBF), the Corporate Social Responsibility (CSR) arm of Dalmia Bharat Ltd. (DBL),  in collaboration with Care Netram organized a transformative eye check-up camp at the Occupational Health Centre located at Dalmia Cement’s Cuttack plant – Kapilas Cement Works ...

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Odisha grocery shop owner wins bike in JioCinema’s Jeeto Dhan Dhana Dhan contest during TATA IPL 2024

MUMBAI, APRIL 17, 2024 (TBB BUREAU): In a heartwarming twist of fate amidst the fervor of the TATA IPL 2024 season, Gopinath Sahoo, a grocery shop owner from Puri district of Odisha, has emerged as a fortunate winner in JioCinema’s Jeeto Dhan Dhana Dhan contest. His unexpected victory not only adds to the joy of cricket enthusiasts but also highlights ...

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JioCinema shatters records with massive viewership and engagement during MI vs CSK clash in TATA IPL 2024

MUMBAI, APRIL 16, 2024 (TBB BUREAU): In a spectacular display of digital dominance, JioCinema, the official streaming platform for the TATA IPL, has not only captured the hearts of cricket enthusiasts but also set new benchmarks for viewership and engagement during the 2024 season. The marquee fixture between the Mumbai Indians and Chennai Super Kings on Sunday became a monumental ...

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Philips expands presence in India with new Healthcare Innovation Centre in Pune

NEW DELHI, APRIL 15, 2024 (TBB BUREAU): Philips, a global leader in health technology, has announced its expansion in India with the introduction of a new Healthcare Innovation Centre (HIC) in Pune. The centre, slated to open in two years, will mark a significant milestone for the company’s footprint in the country. Spanning approximately 300,000 square feet in its initial ...

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Vedanta secures Rs 3,918 crore loan from PFC to propel power projects’ expansion

NEW DELHI, APRIL 15, 2024 (TBB BUREAU): In a significant development for the energy sector, billionaire Anil Agarwal-led mining conglomerate Vedanta Ltd has successfully secured a long-term loan of Rs 3,918 crore from Power Finance Corporation Ltd (PFC), according to sources familiar with the matter. The 11-year term loan marks a crucial milestone for Vedanta, facilitating the acceleration of its ...

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Wholesale inflation rises to three-month high of 0.53pc in March

NEW DELHI, APRIL 15, 2024 (TBB BUREAU): Wholesale inflation in the country surged to a three-month high of 0.53 per cent in March, up from 0.20% in the previous month, driven by increases in vegetable, potato, onion, and crude oil prices. The Wholesale Price Index (WPI)-based inflation had been in negative territory from April to October before turning positive in ...

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Paradip Port Authority honours fallen heroes, launches National Fire Service Week

PARADIP, APRIL 15, 2024 (TBB BUREAU): In a heartfelt homage to the fearless firefighters who valiantly gave their lives in the tragic Bombay Dock Explosion of April 14, 1944, the Paradip Port Authority (PPA) solemnly inaugurated the National Fire Service Week on Monday. Guided by the esteemed leadership of PPA Chairman PL Haranadh, a robust Fire Safety Awareness Drive has ...

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Vedanta Aluminium champions grassroots cricket with support for Kashipur Premier League

RAYAGADA, APRIL 13, 2024 (TBB BUREAU): Vedanta Aluminium, India’s leading aluminium producer, demonstrated its commitment to nurturing sporting talent in rural Odisha by supporting the latest edition of the Kashipur Premier League (KPL), a cricket tournament organised annually by local community members in Kashipur. The tournament, which commenced on March 3, 2024, witnessed enthusiastic participation from 175 cricket players representing ...

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International Gem & Jewellery Show in Jaipur attracts global buyers

JAIPUR, APRIL 12, 2024 (TBB BUREAU): The Gem Jewellery Export Promotion Council (GJEPC) is hosting the third edition of the International Gem & Jewellery Show (IGJS) in Jaipur from April 12-14, drawing the participation of 250 buyers from 27 countries. Buyers from diverse nations including Algeria, Argentina, Australia, Brazil, Canada, Egypt, Greece, Iran, Italy, Jordan, Kazakhstan, Kenya, Lebanon, Mexico, Russia, ...

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India’s industrial output surges to 5.7pc in February, manufacturing sector leads growth

NEW DELHI, APRIL 12, 2024 (TBB BUREAU): India’s industrial output witnessed a notable acceleration in February, recording a growth rate of 5.7%, as per data released by the Ministry of Statistics on Friday. This upturn comes after a slight slowdown to 3.8 per cent in January. The manufacturing sector, a significant source of employment for young engineers and graduates, spearheaded ...

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DPCL is indeed an Island of Excellence

The Stones may be old, but they are chiseled afresh. The Civilization may be ancient, but it is born again. The people may be young, but they never forget. The day might be like any other, but it marks a new dawn. – Anand Ranganathan These lines resonate with the growth story of Dhamra, once a hamlet nestled amidst sleepy ...

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Kalyan Jewellers Unveils New Showroom in Angul

BHUBANESWAR, APRIL 12, 2024 (TBB BUREAU): Kalyan Jewellers, a renowned name in the Indian jewellery industry, inaugurated its latest showroom located on Shankar Cinema Road in Angul, Odisha. The grand opening ceremony was graced by Bollywood celebrity Sonakshi Sinha, who marked the occasion with her presence. Speaking at the event, Sonakshi Sinha expressed her delight in being part of the ...

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JSP Foundation launches ‘Jindal Gyan’ assistive devices library in to empower visually impaired individuals

BHUBANESWAR, APRIL 12, 2024 (TBB BUREAU): In a significant stride towards fostering inclusivity and accessibility, JSP Foundation, the social arm of Jindal Steel & Power (JSP), inaugurated the ‘Jindal Gyan’ assistive devices library in Bhubaneswar. This pioneering initiative, tailored to cater to the needs of the visually impaired community, underscores the foundation’s commitment to creating a more inclusive society. The ...

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Daikin targets 50pc growth, over Rs 200 Cr turnover in Odisha in FY25

BHUBANESWAR, APRIL 12, 2024 (TBB BUREAU): Daikin Air Conditioning India Pvt. Ltd. (DAIPL), a fully owned subsidiary of Daikin Industries Ltd., Japan, is eyeing significant growth in Odisha, aiming for a turnover of over Rs 200 crore and a 50 per cent increase in the current financial year (FY25), revealed a senior executive of the company on Friday. Senior Vice ...

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Green Odisha Conclave 2024: Pioneering sustainable development and collaboration

BHUBANESWAR, APRIL 10, 2024 (TBB BUREAU): The Indian Green Building Council (IGBC), a division of the Confederation of Indian Industry (CII), on Wednesday announced the resounding success of the Green Odisha Conclave 2024. This groundbreaking event acted as a catalyst for innovation and partnership in the pursuit of sustainable development goals. Gathering stakeholders from government, industry, academia, and civil society, ...

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Reliance Jio surpasses 1.5 crore mobile subscribers milestone in Odisha, solidifies No. 1 Position: TRAI Report

BHUBANESWAR, APRIL 10, 2024 (TBB BUREAU):  Continuing its excellent march as the most preferred digital service provider, Reliance Jio crossed 1.5 crore mobile subscribers mark in Odisha, as per the latest telecom subscriber data released by Telecom Regulatory Authority of India (TRAI). As per the data, Jio added over 87,000 new mobile subscribers taking its total number mobile subscribers on ...

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KABIL partners with CSIR-IMMT for advancing mineral technology

BHUBANESWAR, APRIL 10, 2024 (TBB BUREAU): In a significant move towards bolstering India’s mineral security and technological prowess, Khanij Bidesh India Limited (KABIL) has inked a Memorandum of Understanding (MoU) with the Council of Scientific and Industrial Research – Institute of Minerals and Materials Technology (CSIR-IMMT) for Technical and Knowledge cooperation on Critical Minerals. The MoU was signed by Sadashiv ...

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NTPC Bongaigaon earns top honour for exemplary social media practices

BONGAIGAON, APRIL 10, 2024 (TBB BUREAU): NTPC Bongaigaon, the 750 MW power station under ER-II, clinched the coveted first prize for Best Social Media Practices across NTPC at the 32nd Annual Corporate Communication Meet held at Lucknow in UP on April 7. The prestigious award was bestowed upon NTPC Bongaigaon during a grand ceremony graced by dignitaries including D K ...

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20 coal mines likely to become operational by end of this year

NEW DELHI, AAPRIL 09, 2024 (TBB BUREAU): In a strategic move to meet escalating power demands and bolster domestic coal production, India is poised to bring as many as 20 coal mines into operation by the end of this year, according to an official source. This development assumes paramount importance as the country gears up to surpass a peak power ...

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Shyam Metalics to invest Rs 650-750cr in stainless steel business

KOLKATA, APRIL 09, 2024 (TBB BUREAU): Shyam Metalics and Energy Ltd on Tuesday announced a significant investment ranging between Rs 650 to Rs 750 crore in its stainless steel business, signalling a bold step towards expansion and market dominance in the coming years. The company revealed plans to establish a cutting-edge stainless steel hot rolled coils (HRC) facility at its ...

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TPCODL champions health and wellness on World Health Day, undertakes vital initiatives for employee and community well-being

BHUBANESWAR, APRIL 09, 2024 (TBB BUREAU): Tata Power Central Odisha Distribution Limited (TPCODL) underscores the paramount importance of health and well-being in commemoration of World Health Day. This year, as the World Health Organization (WHO) observes its 76th anniversary, the theme ‘My Health, My Right’ resonates, emphasizing access to quality healthcare, education, and information as fundamental human rights. In alignment ...

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Vedanta Aluminium marks World Health Day with impactful community health initiatives, benefiting 4 lakh people in Odisha & Chhattisgarh

NEW DELHI, APRIL 09, 2024 (TBB BUREAU): On the occasion of World Health Day, Vedanta Aluminium, India’s leading aluminium producer, has unveiled its significant contributions towards community health interventions, positively impacting approximately 4 lakh people across Odisha and Chhattisgarh in the fiscal year 2024. Aligning closely with this year’s theme, “My health, my right”, Vedanta Aluminium is steadfast in its ...

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Equity indices surge to new highs; Sensex breaches 75K-mark

MUMBAI, APRIL 09, 2024 (TBB BUREAU): On Tuesday, benchmark equity indices soared to unprecedented heights, with the Sensex crossing the historic 75,000-mark for the first time intraday. However, the session ended with a slight downturn due to profit-booking at higher levels. The 30-share BSE Sensex experienced a marginal decline of 58.80 points, settling at 74,683.70 after reaching a record peak ...

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KBC Global Ltd unveils expansion plans in real estate, targets both domestic and international markets

NASIK, APR 09, 2024 (TBB BUREAU): KBC Global Ltd, formerly known as Karda Construction Limited, a leading entity in the construction and real estate development domain, reveals its strategic roadmap for venturing into both domestic and international territories. With its inception dating back to 2007, the company has carved a significant niche in the real estate sector, specializing in the ...

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MG Motor India and Adani TotalEnergies E-Mobility join hands to strengthen EV ecosystem

GURGAON, APRIL 8, 2024 (TBB BUREAU): In a significant step towards bolstering India’s electric vehicle (EV) infrastructure, Adani TotalEnergies E-Mobility Limited (ATEL), a subsidiary of Adani Total Gas Limited (ATGL), and MG Motor India have signed a Memorandum of Understanding (MoU). The collaboration aims to develop charging solutions and value-added services for MG’s EV customers across the country, thereby contributing ...

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Vedanta’s ‘Project Panchhi’ soars to new heights empowering 1,000 girls across India

LANJIGARH (ODISHA), APRIL 08, 2024 (TBB BUREAU): In a monumental stride towards societal transformation, Vedanta Limited, Lanjigarh, premier producer of smelter-grade alumina and a unit of Vedanta Aluminium, has unveiled the second phase of its groundbreaking recruitment initiative, ‘Project Panchhi’. Designed to uplift the lives of 1,000 girls hailing from underserved communities nationwide, the project aims to mitigate socio-economic constraints ...

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Rentokil PCI elevates pest control standards with HiCare acquisition

BHUBANESWAR, APRIL 08, 2024 (TBB BUREAU): In a move set to redefine the pest control landscape in India, Rentokil PCI, a leading pest control service provider, has finalized the acquisition of HiCare Services Pvt. Ltd., a prominent hygiene and pest management company. This strategic merger signals Rentokil’s deep investment in the Indian market, amplifying its commitment to innovation and growth. ...

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NTPC targets record 40 MMT coal production from captive mines in FY25

RANCHI, APRIL 07, 2024 (TBB BUREAU): NTPC, India’s foremost integrated power company, has unveiled an ambitious target of achieving 40 Million Metric Tons (MMT) of coal production from its captive mines for the fiscal year 2024-25 (FY25). This bold objective signifies a remarkable 17 per cent growth in captive coal production compared to the previous fiscal. The company’s strategic aim ...

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TPCODL successfully concludes Safety Month Campaign 2024

BHUBANESWAR, APRIL 6, 2024 (TBB BUREAU): Tata Power Central Odisha Distribution Limited (TPCODL) concluded its observance of the National Safety Month Campaign 2024. The valedictory function on Friday at Bhubaneswar marked the culmination of a month-long initiative aimed at fostering a culture of safety and occupational health awareness among its employees. The inaugural Safety Month Campaign 2024 commenced with the ...

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TPSODL reaffirms its commitment towards healthy community development on World Health Day

BERHAMPUR, APRIL 6, 2024 (TBB BUREAU):  In commemoration of World Health Day, TP Southern Odisha Distribution Limited (TPSODL) redoubles its commitment to cultivating healthier communities through a series of health-centric endeavors. Embracing this year’s theme, “My Health, My Right,” TPSODL takes the lead in guaranteeing the well-being of its employees and the communities nestled across southern Odisha. Embedded within its ...

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India-Singapore bilateral ties strengthened at ICSI’s 3rd international conference

KOLKATA, APRIL 6, 2024 (TBB BUREAU): T Prabakar, First Secretary (Commerce) of the High Commission of India in Singapore, highlighted the enduring strength of the India-Singapore bilateral relationship during the 3rd International Conference organized by the Institute of Company Secretaries of India (ICSI). Held on April 5-6, under the theme “Building Resilient & Sustainable Economies”, the conference convened experts and ...

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Utkal Alumina’s Nirogshalas: A Step Forward in Healthcare

BHUBANESWAR, APRIL 6, 2024 (TBB BUREAU):  Aditya Birla Group’s Utkal Alumina International Ltd (UAIL) is deeply involved in numerous projects aimed at significantly improving the lives of the underprivileged. One of its primary focuses lies in the realm of healthcare, where it has initiated a substantial health program named ‘Nirogshala’ in conjunction with its Utkal Hospital, Nuapada Health Centres, and ...

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ICSI’s 3rd international conference in Singapore sparks dialogue on resilient & sustainable economies

KOLKATA, APRIL 05, 2024 (TBB BUREAU): The Institute of Company Secretaries of India (ICSI) orchestrated a momentous event in Singapore on April 5th and 6th, 2024, with its 3rd International Conference themed “Building Resilient & Sustainable Economies.” The prestigious gathering attracted luminaries from the corporate and diplomatic realms, including esteemed Chief Guest Lim Hwee Hua, Acting Chair of the International ...

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