TBB BUREAU MUMBAI, DEC 21, 2023 Bank of Baroda (BoB) on Thursday announced that it has raised Rs.2,500 crore through the issuance of Basel III Compliant Tier II Bonds Series XXV. BoB received a total of 88 bids amounting to Rs. 6,803 crore against the base issue size of Rs.1,000 crore (which translates to 6.8 times of the base issue ...

TBB BUREAU NEW DELHI, DEC 21, 2023 Solidaridad Regional Expertise Centre (SREC) and the Council for Leather Exports (CLE) have forged a strategic partnership to further strengthen the performance of the Indian leather industry in domestic and international markets. The Memorandum of Understanding (MoU), which was signed in New Delhi on Thursday, marks an important milestone for the Indian leather ...

TBB BUREAU BHUBANESWAR, DEC 21, 2023 MMR (20%), Bengaluru (19%) and NCR (19%) emerged as India’s most searched regions for properties in 2023, reveals Magicbricks in its flagship report “How India Searched for Properties in 2023”. Based on the customer preferences of over 2 crore visitors on Magicbricks platform, the report observed that 80% of prospective home buyers continued to ...

TBB BUREAU SAMBALPUR, DEC 21, 2023 In recognition of its all-round performance in year 2021-22, Ananta opencast project (OCP) of Mahanadi Coalfields Limited (MCL) in Talcher Coalfields received the award of 5-star rating in coal mines from the Government of India. On behalf of MCL, Director (Technical/ Projects & Planning) AK Bapat received the award from Union Coal and Mines ...

TBB BUREAU NEW DELHI, DEC 21, 2023 The Union Ministry of Mines on Thursday said that it will be conducting a pre-bid conference for the first tranche of auction of critical and strategic minerals on Friday at Dr. Ambedkar International Centre here in hybrid mode. The Ministry of Mines launched the first tranche auction of 20 critical and strategic mineral ...

TBB BUREAU NEW DELHI, DEC 21, 2023 In a historic decision, the Lok Sabha on Thursday passed the Press and Registration of Periodicals Bill, 2023, repealing the colonial era law of the Press and Registration of Books Act, 1867.  The Bill has already been passed by Rajya Sabha in the Monsoon Session. The new statute – The Press and Registration ...

TBB BUREAU ROURKELA, DEC 21, 2023 SAIL-run Rourkela Steel Plant (RSP) has bagged the prestigious 14th Kalinga Safety Excellence Award-2022 in Platinum category. In the National Safety Conclave-2023 organized at Bhubaneswar on Wednesday, RSP Director In-Charge Atanu Bhowmick and GM Incharge (Safety) Asha Kartha received the award on behalf of the steel plant. This award is a recognition of RSP’s ...

TBB BUREAU BHUBANESWAR, DEC 21, 2023 Tata Power-led Odisha discoms hosted an event here to felicitate the winners of the ‘Oh My Beautiful Odisha’ photography contest. This innovative initiative, crafted to celebrate the splendid cultural, natural, and architectural heritage of Odisha, garnered an overwhelming response, attracting over 7,000 entries. The top 13 winners were rewarded with cash prize worth Rs. ...

TBB BUREAU RANCHI, DEC 21, 2023 NTPC Dulanga Coal Mining Project has been awarded Star Rating Awards (3rd rank) under the category of Opencast Mines for the year 2019-20, 2020-21 and 2021-22. NTPC Talaipalli Coal Mining Project has also been awarded Star Rating (Achievers Rank) under Opencast category for the year 2019-20. NTPC Limited Director (Fuel) Shivam Srivastava and NTPC ...

TBB BUREAU NEW DELHI, DEC 21, 2023 Union Minister for Civil Aviation, Jyotiraditya M. Scindia, on Thursday informed Lok Sabha that Indian Civil Aviation sector which had only 400 aircraft in 2014, has increased to almost 644 aircrafts today. “The number of Aircraft on Ground roughly stands at 140 from the point of view of the scheduled commercial airlines. 95% ...

TBB BUREAU NEW DELHI, DEC 21, 2023 Honda Cars India Ltd. (HCIL), a leading manufacturer of premium cars on Thursday announced Special Service Support for all flood-affected Honda car owners in Chennai. In response to the recent floods in the city, HCIL is taking proactive measures to address the challenges faced by car owners, ensuring swift and effective assistance to ...

TBB BUREAU NEW DELHI, DEC 21, 2023 Union Minister for Coal, Mines and Parliamentary Affairs Pralhad Joshi said that by 2025 coal import for power sector will come down to 2 per cent since domestic coal production has increased substantially. Addressing the launch function of the 9th round of commercial coal mine auction here on Wednesday, Joshi complemented Coal India ...

TBB BUREAU BHUBANESWAR, DEC 20, 2023 Marching ahead as the No. 1 digital service provider in Odisha, Reliance Jio added highest number of new mobile subscribers in September 2023, as per the latest telecom subscriber data, released by the Telecom Regulatory Authority of India (TRAI) on Wednesday. In fact, Jio was the only service provider to have added new subscribers ...

TBB BUREAU SAMBALPUR, DEC 20, 2023 Uday A Kaole has assumed the charge of the Chairman-cum-Managing Director (CMD) of Mahanadi Coalfields Limited (MCL), the highest coal producing subsidiary of Coal India Limited. The CMD was accorded a rousing welcome on his arrival at MCL headquarters here on Wednesday with Security Services presenting the ceremonial guard of honour. Prior to joining ...

TBB BUREAU MUMBAI, DEC 20, 2023 Blue Dart Express Limited has announced the “Merry Express” offer ahead of the end-of-the-year festivities. A discounted rate can be availed on all Merry Express gift shipments for both domestic and international destinations, providing customers with a comprehensive solution for all their logistics needs. This offer is valid till January 15, 2024. While there ...

TBB BUREAU PARADIP, DEC 20, 2023 Showcasing its unwavering commitment to excellence and efficiency in cargo handling, Paradip Port achieved yet another 100 million metric tonnes (MMT) of cargo handling in the shortest time in its history. It has once again repeated the feat by crossing the 100 MMT mark, 7th year in succession and achieved cargo throughput of 100.28 ...

TBB BUREAU MUMBAI, DEC 18, 2023 Bank of Baroda (BoB) has launched the bob BRO Savings Account – a Zero Balance Savings Account especially designed for students aged 16 to 25 years. The bob BRO Savings account provides students access to a banking programme that is customised to meet their specific needs and is easy to operate, with no minimum ...

TBB BUREAU BELPAHAR, DEC 16, 2023 Vedanta Aluminium, India’s largest producer of aluminium, recently supported the staging of the world’s longest Sambalpuri theatre production, spanning 49 hours in duration. Performed at Belpahar in Jharsuguda district of Odisha by the Mirror Theatre group, this is the latest iteration of the company’s efforts to nurture traditional art forms at the grassroots level, ...

TBB BUREAU NEW DELHI, DEC 14, 2023 On National Energy Conservation Day, Vedanta Aluminium, the largest aluminium producer in India, announces a significant new breakthrough in the lining design of the ‘pots’ at its aluminium smelters. These smelters house several potlines, which are long buildings within the smelter that contain a series of ‘pots’, or large electrolytic cells, within which ...

TBB BUREAU RANCHI, DEC 14, 2023 India’s leading integrated power utility NTPC Ltd., through its coal mining initiative, has added another feather in its cap by surpassing a remarkable milestone in record time. NTPC on Wednesday surpassed the previous fiscal coal production record by producing 23.223 MMT of coal. This feat has been achieved in the record time of 257 ...

TBB BUREAU BHUBANESWAR, DEC 14, 2023 Hindalco, Hirakud, an Aditya Birla Group company’s community development programmes has made a huge difference in Nimpali village in the tribal-dominated district of Sambalpur in Odisha, through its project ‘Ama Pada’. Nimpali village has a populace of a little over 300 people.  Of this, 90 percent are schedule tribes (STs) and 5 percent schedule ...

TBB BUREAU BHUBANESWAR, DEC 14, 2023 Shyam Steel, a pioneering force in the TMT Bar industry, has been awarded the prestigious GreenPro Certification by the Confederation of Indian Industries – Green Products and Services Council for its products, Fe 500D (GPSSM345002) and Fe 550D (GPSSM345001). This significant recognition underscores Shyam Steel’s unwavering commitment to sustainability and the delivery of superior-quality ...

TBB BUREAU BENGALURU, DEC 12, 2023 SANY India, a leading manufacturer of construction equipment, unveiled an array of revolutionary construction equipment at EXCON, the largest construction equipment exhibition in South Asia. A total of 44 machines were showcased this year, including the debut of 15 new models, including cutting-edge electric machines designed for diverse applications such as earthwork, excavation, heavy ...

TBB BUREAU MUMBAI, DEC 12, 2023 Union Bank of India has been bestowed with International Banking System Intelligence (IBSi) Global FinTech Innovation Award 2023 under the “Best Digital Channel/Platform Implementation” category for the Bank’s conversational banking initiatives – Union Virtual Connect (UVConn) – the Bank’s WhatsApp Banking Channel and Union Voice Assistant (UVA) – the Bank’s Voice Banking channel. The ...

TBB BUREAU MUMBAI, DEC 12, 2023 Capri Global Capital Limited (CGCL) has received a composite Corporate Agency license from the Insurance Regulatory and Development Authority of India (IRDAI) to distribute life, general, and health insurance products. This will help CGCL further diversify its product offerings and strengthen its fee income, the company said in a statement. CGCL aims to leverage ...

TBB BUREAU MUMBAI, DEC 12, 2023 India’s office space leasing is expected to benefit from the recent amendments to the Special Economic Zones Act, 2005 (SEZ Act) notified by the Department of Commerce on December 6, 2023, says rating agency CRISIL. The amendments permit demarcation of part of the SEZ area into non-SEZ area after repayment of tax benefits availed ...

TBB BUREAU BHUBANESWAR, DEC 12, 2023 EV major Ola Electric has announced a flat discount of Rs 20,000 on the newly-launched S1 X+ electric scooter, which is now priced at Rs 89,999, ex-showroom. The EV maker has announced the discount as part of the ‘December to Remember’ campaign featuring several offers and discount schemes. The offer is valid till December ...

  TBB BUREAU BHUBANESWAR, DEC 12, 2023 Hindalco Industries, the world’s largest aluminium rolling and recycling company, plans to significantly expand its manufacturing capacity of fine-quality aluminium foil that is used in rechargeable batteries to serve the rapidly growing market for electric vehicles (EVs) and energy storage systems. The company is investing Rs.800 crore to build a new plant near ...

TBB BUREAU LANJIGARH, DEC 12, 2023 On World AIDS Day 2023, Vedanta Lanjigarh, India’s premier producer of metallurgical grade alumina and a part of Vedanta Aluminium, conducted a week-long awareness program in line with this year’s theme ‘Let Communities Lead’ highlighting the fact that programs and initiatives perform better when driven by the most impacted communities. The week-long campaign was ...

TBB BUREAU NEW DELHI, DEC 11, 2023 Vedanta Aluminium is committed to enabling wider global access to responsibly produced, high-quality aluminium in its pursuit of ensuring a sustainable future for the planet. During the company’s maiden participation at COP28 in Dubai, CEO John Slaven underscored the increasing role of aluminium in enabling sustainable applications and its indelible contribution to aiding ...

TBB BUREAU BHUBANESWAR, DEC 11, 2023 As part of the 14-day Odisha Startup Carnival 2023, the “Anuchintan” program, an initiative by AIC-Nalanda, was organised on Monday aims to instill innovation and design thinking in schools. The program announced its collaboration with 100 schools under the New Life Education Trust (Sri Aurobindo Integral Schools). Simultaneously, the second edition of “Mo Startup” ...

TBB BUREAU BHUBANESWAR, DEC 11, 2023 Recognizing the deeper connection between oral health and overall health, Amway India, one of the leading FMCG direct-selling companies, introduced the All-New Glister Multi-Action toothpaste with many benefits. Talking about the new launch, Ajay Khanna, CMO, Amway India stated, “According to the World Health Organization, over 95% of Indian adults experience tooth decay, while ...

TBB BUREAU NEW DELHI, DEC 11, 2023 Progenesis, a globally renowned genetic testing brand based in the USA, has officially stepped into the Indian market with its first Genetic Laboratory in New Delhi and an AI & Bioinformatics Data Centre in Chennai. The launch event, held today, witnessed the presence of prominent health experts, practitioners, and researchers from across the ...

TBB BUREAU SINGAPORE, DEC 11, 2023 Azentio Software, a Singapore-headquartered technology firm owned by funds advised by Apax Partners, today announced that it won two awards at the 5th edition of the prestigious IBS Intelligence (IBSi) Global FinTech Innovation Awards 2023. The awards were formally presented at the Cedar-IBSi Summit on Digital & Core Banking, recently held in Mumbai. Azentio ...

TBB BUREAU PARADIP, DEC 11, 2023 The 23rd All India Major Port Cultural Meet 2023-24 held at Jayadev Sadan, here came to an end on Sunday evening with scintillating performances by the participants. Paradip Port Authority (PPA) along with Major Ports Sports Control Board successfully organised the cultural extravaganza. Gracing the valedictory function as Chief Guest, PPA Chairman PL Haranadh ...

TBB BUREAU MUMBAI, DEC 11, 2023 Tata Power, one of India’s largest integrated power companies has launched a brand film promoting the message of “Embrace Mother Earth. Love Our Planet. Switch to Green and Clean Energy.” As Tata Power stays steadfast in its commitment to ‘Sustainable is Attainable’, this is another step towards inspiring citizens to make sustainable lifestyles a ...

TBB BUREAU BENGALURU, DEC 11, 2023 Aster DM Healthcare, a leading integrated healthcare provider in India and GCC, has released its annual ESG Report, demonstrating an unwavering commitment to environmental sustainability, ambitious targets, and a proven record of positive impact. The company aligns its ESG practice with 10 key United Nations Sustainable Development Goals (UNSDGs), emphasizing its dedication to global ...

TBB BUREAU NEW DELHI, DEC 10, 2023 Jindal Steel & Power (JSP), a global leader in the steel industry, has been conferred with the CSR Excellence Award by The CSR Journal in recognition of its outstanding contribution to the promotion of sports in rural and tribal areas of the country. Union Defence Minister Rajnath Singh presented the honour to the ...

TBB BUREAU BHUBANESWAR, DEC 10, 2023 The AIC-Nalanda Institute of Technology Foundation, in collaboration with Fluid Ventures and the Utkal Chamber of Commerce & Industry Limited (UCCIL) hosted the inaugural ceremony of the Odisha Startup Carnival 2023 at Kalabhoomi, here on Sunday. The Odisha Startup Carnival 2023 marks the 2nd edition of a monumental 14-day journey, a confluence of Mentoring, ...

TBB BUREAU BHUBANESWAR, DEC 9, 2023 The automobile enthusiasts of Odisha witnessed a landmark event as the first Odisha Concours d’Elegance unfolded at the Biju Patnaik Playground in Baramunda, here on Saturday. The inauguration ceremony, graced by Chief Minister Naveen Patnaik, marked the commencement of the first-of-its-kind vintage and classic car exhibition in the region. The event showcases over 50 ...

TBB BUREAU ROURKELA, DEC 9, 2023 The state-of-the-art Hot Strip Mill-2 (HSM-2) of Rourkela Steel Plant (RSP) has received ISO 14001 certification for Environment Management Systems. The certification reaffirms the commitment of the steel plant to protect, preserve and sustainably manage the environment. RSP ED (Works) SR Suryawanshi handed over the certificate to CGM (HSM-2) RK Muduli, in a programme ...

TBB BUREAU BHUBANESWAR, DEC 9, 2023 Acer announced the new Nitro V 16 (ANV16-41) gaming laptop, built for casual players looking for a well-balanced device with modern features and more. The latest Nitro V laptop is powered by the new AMD Ryzen 8040 Series processors with Ryzen AI technology. Leveraging its ‘Zen 4’ core architecture design, gamers can relish reliable ...

TBB BUREAU SILIGURI, DEC 9, 2023 Honda Cars India, a leading manufacturer of premium cars in India flagged off the much-anticipated 12th edition of its experiential drive series, ‘Drive to Discover’ on Friday.  The drive will feature Honda Cars India’s premium lineup, of Honda Elevate, City e:HEV, City 5th-Gen and Amaze, and will pass through the magical landscapes of Sikkim ...

TBB BUREAU MUMBAI, DEC 9, 2023 The Union Bank of India has bagged “Best Government Led Assistive Technology Award” in the Enablers category at the Assist Tech Foundation (ATF) Awards 2023 held at Bengaluru recently. The award was given for the Bank’s ground-breaking initiatives – Union Access, for implementing digital accessibility and Union Sparsh, a tactile featured braille debit card ...

TBB BUREAU NEW DELHI, DEC 7, 2023 In adherence to the Reserve Bank of India (RBI) guidelines, the Punjab National Bank (PNB) has asked its customers to update their Know Your Customer (KYC) information before December 18, 2023 to ensure smooth functioning of their accounts. This is applicable only for those customers whose accounts were due for KYC updation as ...

TBB BUREAU BENGALURU, DEC 07, 2023 Acer on Wednesday shared its commitment to carbon neutrality for its Aspire Vero laptop line, starting from the new Aspire Vero 16 (AV16-51P). Following international standards for carbon footprint calculation and carbon neutrality, actions are taken at each stage of the device lifecycle to minimize its carbon footprint, and then, high-quality carbon credits will ...

TBB BUREAU LANJIGARH, DEC 07, 2023 Vedanta Limited Lanjigarh, India’s premier producer of metallurgical grade alumina, has recently won 5 Gold awards at the 48th International Convention on Quality Control Circles (ICQCC-2023), organised by the China Association of Quality (CAQ) in Beijing. These highly competitive awards affirm Vedanta Aluminium’s commitment to bolstering the quality of its extensive products range and ...

TBB BUREAU BALASORE, DEC 06, 2023 Reliance Foundation celebrated “Kahani, Kala, Khushi”, a series of activities including sharing stories, inspiring art and spreading cheer with the students at Bahanaga Government High School in Balasore district of Odisha, on Wednesday. Reliance Foundation also distributed attractive school bags, art materials including colour boxes, crayons, art brushes etc. and some goodies to all ...

TBB BUREAU JHARSUGUDA, DEC 05, 2023 Vedanta Aluminium, India’s largest producer of aluminium, has been conferred with the ‘Best Exporter’ Award at the Odisha State Export Awards for its Jharsuguda smelter’s exceptional performance as the largest exporter of the state, for two consecutive fiscal years 2020-21and 2021-22. The coveted award was presented by State MSME (Micro, Small & Medium Enterprise) ...

TBB BUREAU BHUBANESWAR, DEC 05, 2023 The 25th Mines Environment and Mineral Conservation (MEMC) Week was observed at four mines of JSW Steel Ltd under the aegis of IBM, Bhubaneswar. The MEMC Week inspection was conducted at Jajang, Nuagaon, Ganua and Narayanposhi iron ore mines of the company. The inspection teams led by the convenors KC Jyotishi, GM (Geology) of Utkal Alumina International ...