PARADIP, APRIL 05, 2024 (TBB BUREAU): In an unprecedented milestone marking its 57-year history, Paradip Port has ascended to the position of the country’s number one major port. This historic achievement, announced by Paradip Port Authority (PPA) Chairman, PL Haranadh, underscores the unwavering support and indomitable spirit of the PPA collective. Addressing the 61st National Maritime Day celebrations held at ...

ROURKELA, APRIL 04, 2024 (TBB BUREAU): SAIL-run Rourkela Steel Plant (RSP) concluded the fiscal year 2023-24 on a triumphant note, marking its best-ever production figures across key production areas since its inception. In an extraordinary display of efficiency and capability, RSP recorded remarkable production numbers for the fiscal year, with a staggering 44,94,258 tons of Hot Metal, 41,61,241 tons of ...

NEW DELHI, APRIL 04, 2024 (TBB BUREAU): Vedanta Aluminium, India’s largest producer of aluminium, on Thursday marked a significant milestone in its ambitious expansion journey aimed at positioning itself among the top 3 global players with an impressive 3 million tonnes per annum (MTPA) of aluminium production capacity. In a monumental move towards achieving complete vertical integration, the company announced ...

RANCHI, APRIL 2, 2024 (TBB BUREAU): NTPC Ltd., India’s leading integrated power utility, has delivered an exceptional performance from its five operational captive coal mines located in Jharkhand, Odisha, and Chattisgarh, achieving record coal production of 34.39 million metric tonnes (MMT) by March 31st in the financial year 2023-24 (FY24). This outstanding achievement not only surpassed the target set by ...

MUMBAI, APRIL 2, 2024 (TBB BUREAU):  Small Industries Development Bank of India (SIDBI) today commemorated 34 years of fostering entrepreneurship, innovation, and economic growth in India. Established in 1990 under the SIDBI Act of 1989, SIDBI has been pivotal in transforming the landscape of MSME financing and development. Over the years, SIDBI has implemented various initiatives aimed at providing financial ...

BHUBANESWAR, APRIL 2, 2024 (TBB BUREAU): In the fiscal year 2023-24 (FY24), the East Coast Railway (ECoR) has achieved a remarkable milestone by loading 256.22 million tons of originating freight. This significant accomplishment marks an impressive growth of 6.1 percent compared to the previous fiscal year, surpassing all records of Indian Railways in freight loading. ECoR has emerged as the ...

BHUBANESWAR, APRIL 2, 2024 (TBB BUREAU): Vedanta Aluminium, India’s largest producer of aluminium, marked the 89th Utkal Divas by paying tribute to Odisha’s rich cultural legacy and reiterating its steadfast dedication to the state’s advancement. Festivities, spanning across Vedanta’s operations in Odisha, showcased a harmonious fusion of tradition, art, industrial innovation, and community welfare initiatives. Utkal Divas, marking the foundation ...

BHUBANESWAR, APR 2, 2024 (TBB BUREAU)   National Aluminium Company Ltd. (NALCO), a Navratna CPSE and a prominent player in alumina and aluminium manufacturing and export, has marked significant milestones in production and sales for the fiscal year 2023-24 (FY24). In a historic achievement, NALCO has reached its highest-ever Cast Metal production of 463,428 metric tonnes, alongside recording its highest-ever ...

CHANDIGARH, APRIL 2, 2024 (TBB BUREAU): Torque Pharma, a leading pharmaceutical company in India, has received prestigious recognition for its ‘No Scars’ Cream, being hailed as one of the most trusted brands in the country. This accolade comes from TeamMarksmen, a renowned market research and consulting firm. The acknowledgment highlights Torque Pharma’s steadfast commitment to quality, innovation, and customer satisfaction. ...

BHUBANESWAR, APRIL 2, 2024 (TBB BUREAU) In a resounding display of its unrivalled prowess in the Odisha telecom landscape, Reliance Jio reaffirmed its position as the preferred digital service provider in the state, surpassing competitors by a significant margin. According to the latest data released by TRAI, Reliance Jio surged ahead by adding a staggering 1.3 lakh new mobile subscribers ...

Angul, April 02, 2024 (TBB Bureau):   Jindal Steel and Power (JSP) marked the 89th Utkal Divas with fervor and enthusiasm at its Angul plant premises on April 1st, paying homage to the illustrious sons of Odisha, including Utkal Gourav Madhusudan Das and Utkalmani Gopabandhu Das. Pankaj Malhan, Head of the Angul location and Executive Director, alongside Damodar Mittal and ...

New Delhi, April 02, 2024 (TBB Bureau): The Indian Renewable Energy Development Agency Limited (IREDA), recognized as the nation’s leading pure-play green financing Non-Banking Financial Company (NBFC), has achieved unprecedented milestones in the financial year 2023-24, as per an official statement released on Tuesday. During this fiscal year, IREDA has recorded its highest-ever annual loan sanctions, totaling an impressive Rs ...

NEW DELHI, APRIL 2, 2024 (TBB BUREAU): Nilkamal Sleep, a leading name in the furniture industry, has unveiled Bollywood heartthrob Ranbir Kapoor as its brand ambassador, marking the onset of an exciting collaboration set to redefine the mattress sector. Under the banner of “Thoughtfully Designed for You,” this partnership aims to revolutionize the sleeping experience for customers across India. With ...

Munich/Pune, April 02, 2024 (TBB Bureau):   BMW Group and Tata Technologies have officially announced the establishment of an automotive software and IT development hub, spanning across Pune, Bengaluru, and Chennai. This collaborative venture is set to deliver cutting-edge automotive software, including software-defined vehicle (SDV) solutions tailored for BMW Group’s premium vehicles, along with digital transformation solutions for its business ...

Rajgangpur, April 1, 2024 (TBB Bureau): In a vibrant tribute to the rich heritage and spirit of Odisha, Dalmia Cement (Bharat) Limited (DCBL) commemorated Utkal Divas with fervor and zest. Gopabandhu Sanskrutika Parishad, an eorganization within DCBL, orchestrated a series of engaging events to honor the legacy of Utkalmani Pandit Gopabandhu Das and celebrate the essence of Odia culture. The ...

New Delhi, April 1, 2024 (TBB Bureau): The Finance Ministry on Monday said that GST collections for March soared to Rs 1.78 lakh crore, marking an impressive 11.5 percent growth driven by robust domestic transactions. For the fiscal year spanning from April 2023 to March 2024 (FY24), gross GST collection reached a commendable Rs 20.18 lakh crore, reflecting a notable ...

New Delhi, April 1, 2024 (TBB Bureau): Suzuki Motorcycle India Pvt. Ltd. (SMIPL), the two-wheeler subsidiary of Suzuki Motor Corporation, Japan, on Monday announced its unprecedented sales milestone for the fiscal year 2023-24, propelled by robust demand and strategic initiatives. For the first time in its history, SMIPL surpassed the remarkable milestone of selling over 11 lakh units, reaching a ...

New Delhi, April 1, 2024 (TBB Bureau): The Steel Authority of India Limited (SAIL) on Monday reported a remarkable 7 percent surge in saleable steel production, reaching an unprecedented 18.4 million tonnes for the fiscal year ending March 31, 2024 (FY24) as compared to FY23. In addition to the surge in saleable steel, SAIL achieved its highest-ever sales volume, totalling ...

Bhubaneswar, Apr 1, 2024 (TBB Bureau) Tata Power Central Odisha Distribution Limited (TPCODL) joyously celebrated Utkal Divas on Monday, honoring the rich cultural heritage and historical significance of Odisha. Utkal Divas, observed annually on April 1st, commemorates the formation of the Odisha state in 1936. Odisha, renowned for its breathtaking architecture, vibrant art, music, and dance, stands as a testament ...

Paradip Port emerges as top cargo handling Major Port in India for FY24, sets new records Paradip, April 1, 2024 (TBB Bureau) Paradip Port Authority (PPA) has achieved a significant milestone by emerging as the highest cargo handling major port in India for the fiscal year 2023-24, surpassing previous records and nudging past Deendayal Port, Kandla. With an incredible cargo ...

Ahmedabad, April 1, 2024 (TBB Bureau) Adani Ports and Special Economic Zone Ltd (APSEZ) has achieved unprecedented success in the fiscal year 2023-24, surpassing all expectations by handling a record-breaking 420 million metric tonnes (MMT) of cargo, marking a substantial 24% year-on-year increase. The achievement includes both domestic and international ports, with domestic ports contributing over 408 MMT of the ...

Bongaigaon April 1, 2024 (TBB Bureau) KC Muraleedharan on Monday assumed the mantle of Business Unit Head at NTPC Bongaigaon. With a sterling career spanning over thirty years, Muraleedharan brings a wealth of experience and expertise to his new role in Assam’s power sector. A graduate in Mechanical Engineering from Bhopal University, Muraleedharan’s journey with NTPC began in 1989 as ...

TBB BUREAU KOLKATA, MARCH 31, 2024 Coal India Ltd. is poised to achieve a production output of approximately 773.7 million tonnes (MT) for the fiscal year 2023-24 (FY24), representing nearly a 10 per cent increase compared to the previous year, company sources said. Despite this growth, it is anticipated that Coal India may fall slightly short of its target of ...

TBB BUREAU JAMSHEDPUR, MAR 31, 2024 In a poignant ceremony commemorating the International Transgender Day of Visibility, Tata Steel’s West Bokaro Division welcomed a fresh cohort of 14 transgender employees into its fold as trainees for heavy earth moving machinery operators. With this addition, the company’s transgender workforce has now expanded to a total of 120 individuals, reaffirming Tata Steel’s ...

TBB BUREAU NEW DELHI, MAR 31, 2024 State-owned power giant NTPC Ltd. announced on Sunday that it has achieved a record-breaking annual electricity generation of 422 billion units in the fiscal year 2023-24. Notably, NTPC coal stations attained a plant load factor (PLF), or capacity utilization, of 77 percent during this period, as per the statement released by NTPC. India’s ...

TBB BUREAU NEW DELHI, MAR 31, 2024 In a landmark initiative aimed at safeguarding and enhancing India’s cultural legacy, the Sabhyata Foundation has been entrusted with the stewardship of four of the country’s most iconic monuments as part of the visionary “Adopt a Heritage 2.0” project initiated by the Ministry of Culture and the Archaeological Survey of India (ASI). This ...

TBB BUREAU NEW DELHI, MAR 31, 2024 Indian Oil Corporation Limited and Japan’s Panasonic Energy Co. Ltd., a subsidiary of the Panasonic Group, have inked a binding term sheet to establish a joint venture dedicated to producing cylindrical lithium-ion cells within India. This collaboration aims to cater to the burgeoning market of electric two-wheelers, three-wheelers, and energy storage systems. The ...

TBB BUREAU JODA/BARBIL, MAR 31, 2024 The 19th Punyatithi of the visionary leader and Founder Chairman of the OP Jindal Group, Om Prakash Jindal, fondly known as Bauji, was observed with great reverence at Barbil Pellet Plant, Kasia, and Tensa iron mines of Jindal Steel & Power (JSP) on Sunday. Across these units, a series of social and spiritual services ...

TBB BUREAU ANGUL, MAR 31, 2024 Drawing profound inspiration from the philanthropic legacy of the late OP Jindal, the esteemed visionary and founder of the OP Jindal Group, Jindal Steel & Power (JSP) orchestrated a remarkable initiative on March 30th. Across various sites within its Angul unit, JSP organised expansive mega blood donation camps, marking the solemn occasion of OP ...

TBB BUREAU BHUBANESWAR, MAR 30, 2024 In a pioneering move, Centurion University, renowned for its community-centric healthcare initiatives, has unveiled the “Healthcare on Wheels” vision care vehicle, marking a historic milestone as the inaugural university-led initiative of its kind in Odisha. This transformative endeavor underscores the university’s steadfast dedication to delivering visionary healthcare solutions to rural Odisha. For years, Centurion ...

TBB BUREAU ANGUL/BHUBANESWAR, MARCH 28, 2024 State-run National Aluminium Company Limited (NALCO) has unveiled its latest product, AL-59 Aluminium Alloy Ingot, targeting the production of conductors for electrical transmission and distribution. This innovation comes in the wake of the launch of the Revamped Distribution Sector Scheme (RDSS) by the Government of India. AL-59 is poised to carve a niche in ...

TBB BUREAU GURUGRAM, MARCH 28, 2024 Honda Motorcycle & Scooter India (HMSI), a renowned two-wheeler manufacturer, proudly announced a significant achievement today, crossing the remarkable milestone of 6 crore domestic sales in India. This historic feat underscores HMSI’s enduring presence and unwavering commitment to the Indian market. Since its inception in 2001 with the introduction of the Activa, Honda has ...

TBB BUREAU LANJIGARH, MAR 28, 2024 The Lanjigarh Unit of Vedanta Limited, India’s premier producer of metallurgical grade alumina and a unit of Vedanta Aluminium, has signed a Memorandum of Understanding (MoU) with the Odisha Skill Development Authority (OSDA) with the aim to upskill more than 1,300 youths in a span of 3 years. Its skill training initiative has supported ...

TBB BUREAU JODA, MAR 27, 2024 Tata Steel’s Joda East Iron Mine (JEIM) celebrates the successful implementation of the revolutionary Wenco Mine Fleet Management System (FMS), marking a significant milestone in the mining industry. This state-of-the-art technology has ushered in a new era for fleet operations at JEIM, driving remarkable advancements in productivity, sustainability, and optimized resource utilization. The introduction ...

TBB BUREAU BHUBANESWAR, MAR 27, 2024 Tata Power, one of India’s largest integrated power companies, was awarded as the ‘Best Employer 2023′ by Kincentric India. This prestigious award acknowledges Tata Power’s journey of transformation deeply rooted in sustainability, inclusion, innovation, and employee development. Tata Power underwent a comprehensive assessment based on the principles of ‘Intent-Design-Experience’, across the themes of organizational ...

TBB BUREAU MUMBAI, MAR 27, 2024 Mining conglomerate Vedanta Ltd has a pipeline of more than 50 active projects and expansions to drive growth, which is expected to generate incremental revenue of over USD 6 billion and incremental USD 2.5-3 billion of annual EBITDA upon completion, a top company executive said at an investor event. These growth initiatives, which the ...

TBB BUREAU BHUBANESWAR, MAR 27, 2024 Bharti Hexacom Limited, a prominent player in the telecommunications sector, is set to open its bid/offer for its initial public offering (IPO) of equity shares on April 3, 2024. The IPO marks a significant milestone for the company as it aims to expand its investor base and achieve the benefits of listing on the ...

TBB BUREAU NEW DELHI, MAR 27, 2024 Israel Aerospace Industries (IAI), a leading aerospace and defense company, has inaugurated AeroSpace Services India (ASI), its Indian subsidiary in New Delhi. The establishment of ASI underscores IAI’s robust collaboration with the Indian government’s ‘Atmanirbhar Bharat’- MAKE IN INDIA initiative, showcasing its dedication to the enduring partnership with DRDO in advancing sophisticated systems ...

TBB BUREAU NEW DELHI, MAR 27, 2024 Bharat Aluminium Company Limited (BALCO), India’s iconic aluminium producer and a unit of Vedanta Aluminium,  has achieved the Aluminium Stewardship Initiative (ASI) Performance Standard V3 Certification for the manufacture and supply of a wide range of primary aluminium products at its facility in Korba, Chhattisgarh. This includes a smelter with two potlines for ...

TBB BUREAU MUMBAI, MAR 27, 2024 Asian Granito India Limited (AGL), a prominent name in India’s Tiles, Engineered Marble, Quartz, and Bathware industry, proudly announces the collaboration with Bollywood heartthrob Ranbir Kapoor as its brand ambassador. Renowned for his charm, versatility, and youthful appeal, Ranbir Kapoor seamlessly embodies the essence of Asian Granito – innovative, dynamic, and continuously evolving. With ...

TBB BUREAU BHUBANESWAR, MAR 27, 2024 Global diversified professional services and investment management company Colliers has clinched a significant Rs 220 crore Design & Build Turnkey assignment from EPIC Designers, a Hong Kong-based sustainable fashion company, to establish its inaugural manufacturing unit in India. EPIC Group has acquired 40 acres of land at the IDCO Industrial Estate in Bhubaneswar, Odisha, ...

TBB BUREAU AHMEDABAD, MAR 26, 2024 Adani Ports and Special Economic Zone Ltd (APSEZ) on Tuesday announced its acquisition of a majority stake in Gopalpur Port Limited (GPL), marking a significant move in the realm of port operations. APSEZ secured a 56% stake from the SP Group and 39% from Orissa Stevedores Limited (OSL) in GPL for a sum of ...

TBB BUREAU NEW DELHI, MAR 26, 2024 In 2023, as residential prices soared, a noticeable trend emerged, favoring under-construction properties for investment and home ownership, according to the latest PropIndex report by Magicbricks, India’s leading real estate platform. The report indicates a significant 7.8% quarter-on-quarter (QoQ) increase in demand for under-construction properties between January and March 2024. Correspondingly, prices experienced ...

TBB BUREAU CHENNAI, MAR 26, 2024 Eurogrip Tyres, India’s leading 2 & 3-wheeler tyre brand, has launched a comprehensive brand campaign focusing on the superior grip of Eurogrip tyres. The campaign highlights ad films featuring M S Dhoni and his CSK team members, Deepak Chahar and Ruturaj Gaikwad, engaged in light-hearted banter drawing parallels between grip while playing cricket and ...

TBB BUREAU BHUBANESWAR, MAR 26, 2024 Domestic primary steelmakers are making significant strides towards achieving their carbon emissions target of less than 2 tonnes of carbon dioxide per tonne of crude steel (tCO2/tcs) by 2030. This target, around the current global average, is expected to be met through measures such as energy transition and increasing production from less carbon-intensive processes. ...

TBB BUREAU SAMBALPUR/BURLA, MAR 24, 2024 TPWODL, the power distribution company serving Western Odisha, swiftly restored a disrupted 33KV line caused by heavy rainfall and strong winds in Padiyabahal and Maneswar areas of Sambalpur district on Thursday, overcoming challenging conditions. The relentless rainfall and strong winds on Wednesday night led to the dangerous tilting of several 33KV poles, posing a ...

TBB BUREAU BERHAMPUR, MAR 24, 2024 In an effort to combat environmental degradation and mitigate the impacts of climate change, Tata Power Southern Odisha Distribution Limited (TPSODL) observed ‘Earth Hour’. This encourages consumers to dedicate 60 minutes to the planet by powering down their lights from 8:30 PM to 9:30 PM on Saturday. The response to this observance has been ...

TBB BUREAU KOLKATA, MAR 24, 2024 The Eastern India Regional Council of the Institute of Company Secretaries of India (ICSI-EIRC) orchestrated a dynamic gathering titled “Fagun,” comprising a seminar followed by a vibrant ‘Holi Meet’ on Saturday, in Kolkata. The event proved to be a convergence of insightful discussions, strategic announcements, and festive celebrations, marking a significant milestone for the ...

TBB BUREAU ANGUL, MAR 24, 2024 Jindal Steel and Power (JSP), situated in Angul, marked Earth Hour 2024 with fervor and enthusiasm on Saturday. The event witnessed the active involvement of Executive Director Pankaj Malhan, alongside Damodar Mittal, Executive Director overseeing the Angul location, and the entire Jindal Nagar community, including residents and members of the local populace. As part ...

TBB BUREAU SAMBALPUR, MAR 24, 2024 Mahanadi Coalfields Limited (MCL) has made history by becoming the first company ever to achieve the remarkable milestone of 200 million tonnes (MT) of coal production in a single financial year, setting a new benchmark in the coal sector. A wave of jubilation swept across MCL, which operates in Angul, Jharsuguda, and Sundargarh districts ...