TBB BUREAU MUMBAI, NOV 20, 2023 The DSP Banking & Financial Services Fund, an offering from DSP Mutual Fund, opened for subscription on Monday. With a focus on generating returns through both domestic and overseas equity and equity-related securities, this open-ended equity scheme will be available till December 4, 2023. The scheme re-opens for continuous sale and repurchase within five ...

TBB BUREAU BHUBANESWAR, NOV 20, 2023 NTPC Chairman & Managing Director Gurdeep Singh on Saturday inaugurated the 55 KWp Grid Connected Roof Top Solar plant at NTPC ER-II Headquarters Guest house here in the presence of NTPC Director (Operations) Ramesh Babu V and NTPC (Eastern Region-II) Regional Executive Director Partha Mazumder. This 55 KWp solar plant installed on the roof ...

JAYAJIT DASH BHUBANESWAR, NOV 19, 2023 In the tech world, Sam Altman’s sudden exit from OpenAI has sparked a lot of debate about the future of the organization and AI in general. Altman, a prominent figure in the AI field and co-founder of OpenAI, played a pivotal role in shaping the company’s trajectory. Several questions have been raised about the ...

  NOVEMBER 17, 2023  Prime Minister Narendra Modi recently flagged concerns on the misuse of Artificial Intelligence (AI) to create deep fakes. The problem of deep fakes has been around for some years now and it is disquieting even the advocates of AI. We all are acutely aware of how actress Rashmika Mandanna turned a guileless victim to deep fakes ...

TBB BUREAU BHUBANESWAR, NOV 16, 2023 Sajjan Jindal-led JSW Steel has decided not to surrender its iron ore mines in Jajang in Keonjhar district of Odisha. The steel major on Thursday said that it has withdrawn the application to surrender the Jajang mine.  In September 2023, JSW Steel had submitted an application to surrender the mining lease of the Jajang ...

TBB BUREAU BHUBANESWAR, NOV 16, 2023 In a pivotal move towards international partnership and economic prosperity, a high-profile 22-member delegation from Vinh Long Province of Vietnam embarked on a collaborative journey with Odisha. The delegation interacted with the Micro, Small and Medium Enterprises (MSMEs) in a meet organized jointly by the MSME Department of the Odisha Government and World Trade ...

TBB BUREAU BHUBANESWAR, NOV 16, 2023 Small Industries Development Bank of India (SIDBI), the country’s principal financial institution engaged in the promotion, financing and development of Micro, Small and Medium Enterprises (MSMEs), has entered into an agreement with the Technology Development Board (TDB) with an aim to ease access of credit to MSMEs which are attempting development and commercial application ...

TBB BUREAU PUNE, NOV 16, 2023 Finolex Cables, India’s leading manufacturer of electrical and communication cables, has announced the introduction of LAN Passive Components to its existing business of LAN cables. The product range includes patch cords, information outlets, and faceplates. These are especially useful in places like data centres, IT networks, conference rooms and branch office connections with high-density ...

TBB BUREAU RANCHI, NOV 16, 2023 NTPC Coal Mining Headquarters, Ranchi showcased its achievements, future plans and information about the company at an exhibition in Khunti, the sacred land of Dharti Aaba Bhagwan Birsa Munda, on the occasion of his birth anniversary held on Wednesday. The stall was prepared by the Coal Mining Headquarters, highlighting the achievements of NTPC in ...

TBB BUREAU JODA/BARBIL, NOV 15, 2023 The statue of freedom fighter and legendary reformist tribal leader Bhagawan Birsa Munda was inaugurated at the Kalapahada Chowk of Joda Municipality, here on Wednesday as a part of the grand Janajatiya Gaurav Diwas celebration. The 7-feet tall statue, installed by Jindal Steel & Power (JSP),  has been crafted from a single piece black ...

TBB BUREAU NEW DELHI, NOV 15, 2023 India’s largest producer of aluminium, Vedanta Aluminium, has dispatched its first domestic supply of Restora, the nation’s first-ever low-carbon ‘green’ aluminium, to Telangana-based leading aluminium extrusion company Global Aluminium Pvt. Ltd. As part of the order, the company will supply 300 metric tons of Restora Billets to Global Aluminium, making it the first ...

TBB BUREAU NEW DELHI, NOV 15, 2023 The Ministry of Mines has decided to promote Research and Innovation in Start-ups and MSMEs and has brought out guidelines for “Promotion of Research and Innovation in Start-ups and MSMEs in mining, mineral processing, metallurgy and recycling sector (S&T-PRISM)”.  Jawaharlal Nehru Aluminium Research Development and Design Center, Nagpur, an autonomous body under the ...

TBB BUREAU BHUBANESWAR, NOV 14, 2023 Stainless steel producer Jindal Stainless on Monday said Crisil Ratings has upgraded its rating to stable. Crisil Ratings upgraded the company’s rating to stable from positive, the company said. “Long-term bank facilities and debt programme of Jindal Stainless Ltd (JSL) were revised from Crisil AA-/Positive to Crisil AA/Stable,” JSL said in a filing to ...

As technology evolves, Generative AI emerges as the white-collar worker’s frenemy, says  Jayajit Dash   The rise of Generative Artificial Intelligence (AI) has been nothing short of epochal in the past few years. From ChatGPT to the sophisticated GPT-4, these AI models have disrupted the landscape of knowledge work, creating a paradigm shift that goes beyond efficiency gains. A closer ...

TBB BUREAU MUMBAI, NOV 13, 2023 The Small Industries Development Bank of India (SIDBI) has partnered with Jocata, a digital lending transformation platform, to launch a groundbreaking initiative named ‘Sumpoorn’ — a unique MSME Economic Activity Index. This index aims to provide a real-time snapshot of India’s vital MSME sector, which contributes significantly to the country’s Gross Value Added (GVA) ...

PRIYABRAT BISWAL BHUBANESWAR, NOV 12, 2023 As the practice goes, this festive season – from Dussehra to Diwali – newspapers were flooded with attractive advertisements of various companies, all trying to allure customers to buy their products. And the gullible customers fall prey to such advertisements and end up buying things that they really don’t need. Like, jewellery shops – ...

TBB BUREAU MUMBAI, NOV 11, 2023 Bank of Baroda (BoB), one of India’s leading public sector banks, has reviewed its Marginal Cost of Funds Based Lending Rate i.e. MCLR across various tenors. BoB has realigned the MCLR across various tenors with effect from November 12, 2023, keeping the Overnight MCLR unchanged at the existing level of 8 per cent while ...

TBB BUREAU MUMBAI, NOV 11, 2023 Mirae Asset Mutual Fund, one of the fastest-growing fund houses in India, on Friday announced the launch of UPI AutoPay Mandate for SIP registrations. This is one of its kind Industry initiative jointly developed by Mirae Asset Mutual Fund, KFintech and BillDesk to help investors of Mirae Asset Mutual Fund to register SIP mandate ...

TBB BUREAU BHUBANESWAR, NOV 11, 2023 In their commitment to the state’s economic and industrial development, Odisha Discoms, joint ventures between Tata Power and the Odisha Government, have awarded contracts orders worth Rs. 7661 crore in the last 3 years, since taking over distribution operations in the state. These contracts have been awarded under two broad categories – materials and ...

TBB BUREAU BHUBANESWAR, NOV 10, 2023 Bhubaneswar-based JB Consulting and Strategies was felicitated by the prestigious Times Group with the coveted honour in the field of “Strategic Influence and Brand Resonance Excellence”. JB Consulting and Strategies’ Chief Executive Officer (CEO) Dr. Jagdish Chandra Rout was felicitated by the Times Group during the 4th Edition of prestigious Times Business Awards Odisha ...

TBB BUREAU BHUBANESWAR, NOV 10, 2023 State-run Odisha Mining Corporation (OMC) has embarked on implementing the international acclaimed European Foundation for Quality Management (EFQM) framework to further strengthen its transformational journey and achieve business and operational goals which will place the Corporation at global stage and amongst the world’s renowned companies. In an official ceremony, OMC Chairman Deoranjan Kumar Singh ...

TBB BUREAU BHUBANESWAR, NOV 10, 2023 Dalmia Bharat Foundation (DBF), the Corporate Social Responsibility (CSR) arm of Dalmia Bharat Ltd. (DBL) in partnership with the National Health Mission organized a Tuberculosis (TB) screening and awareness camp for communities around its Kapilas Cement Works (KCW) manufacturing unit located in Cuttack. During the camp, essential screening and consultation services were provided for ...

TBB BUREAU BHUBANESWAR, NOV 10, 2023 Taking yet another significant step towards sustainable operations, Tata Steel’s Ferro Alloys and Minerals Division (FAMD) has integrated electric-run forklifts in its Ferro Chrome export operations. The company through its Container Freight Station (CFS) partner introduced the electric forklift at VPL Container Freight Station in Vizag. Aligning with its commitment towards environmental responsibility and ...

TBB BUREAU BHUUBANESWAR, NOV 10, 2023 Cellnet Telelinks on Friday opened Samsung Smart Cafe at Patia in Bhubaneswar, marking significant milestone to serve customers with the latest cutting-edge technology and exceptional service. Samsung SPD Papu Hans along with Samsung Mobile Zonal Sale Manager Abinesh Sharan Sinha and Area Business Manager (Mobile) Amit Kumar Shaw, and Franchise Partner (CellnetTelelinks) Lokanath Padhi ...

TBB BUREAU BHUBANESWAR, NOV 09, 2023 Leading steelmaker Jindal Steel & Power (JSP) has been awarded the Times Business Award Odisha -2023 in the category of ‘Sports Progress and Impact Award’ for its outstanding contribution to the development of rural sports in Odisha. Renowned Bollywood actor Boman Irani presented the Award at a glittering ceremony held in the Capital City ...

In a world where job security is often elusive and the future uncertain, start-ups have emerged as champions of fresher hiring. They are not just creating jobs but shaping careers and inspiring young people to take control of their lives, writes noted columnist Jayajit Dash   THE balance of power is shifting in India’s IT sector. In recent years, the ...

TBB BUREAU BHUBANESWAR, NOV 09, 2023 On the occasion of the 4th Edition of the Times Business Awards Odisha 2023, Orissa Stevedores Limited (OSL) founder Sri Mahimananda (Mahima) Mishra was conferred with the coveted ‘Lifetime Achievement Award’ for reshaping the shipping and logistics scenario in eastern India. The OSL Group founder received the honour at a glittering event organized by ...

TBB BUREAU NEW DELHI, NOV 09, 2023 Lotus Cars, the iconic British manufacturer of high-performance sports cars, is set to make its mark on the Indian automotive landscape as it enters the market for the first time. With a legacy dating back to 1948 and a relentless commitment to engineering excellence, Lotus has switched gears and repositioned the brand with ...

TBB BUREAU MUMBAI, NOV 09, 2023 Union Bank of India is ranked 2nd as per the report on EASE Reforms Index for Q1 FY 2023-24 by Indian Banks’ Association (IBA). Union Bank of India has been doing well in areas related to enabling various digital and digitally assisted journeys for Customer Convenience, Delivering Excellence in Customer Service with Digital Enablement, ...

TBB BUREAU HYDERABAD, NOV 8, 2023 Indian arts and crafts have taken a giant leap forward with Reliance Foundation Founder and Chairperson Nita Ambani inaugurating the first Swadesh store by Reliance Retail in Telangana on Wednesday. Born out of Reliance Foundation’s long-standing commitment to promote traditional artists and artisans and Mrs Ambani’s vision of creating a platform to showcase their ...

TBB BUREAU NEW DELHI, NOV 08, 2023 Union Home and Cooperation Minister Amit Shah on Wednesday launched the ‘Bharat Organics’ brand of the newly created National Cooperative Organics Ltd (NCOL) at a function here, and asserted that it would emerge as the most trusted brand in India and abroad. The Union Minister also launched the NCOL’s logo, website and brochure; ...

TBB BUREAU NEW DELHI/KALINGANAGAR, NOV 7, 2023 The Indian Steel Association (ISA) on Tuesday conferred its ‘Wings of Steel’ award to Jindal Stainless’ first woman overhead crane operator Minu Mohanta under the ‘Gender and Diversity’ category. Union Steel Secretary Nagendra Nath Sinha presented her the award for “perseverance and steely resolve” in overcoming challenging circumstances and for being an inspiration ...

TBB BUREAU RANCHI, NOV 7, 2023 NTPC Coal Mining Headquarters, Ranchi, celebrated the 49th NTPC Raising Day with great enthusiasm and gaiety on Tuesday. Unfurling the NTPC Flag, General Manager (Technical Services) TK Konar who graced the event as the chief guest, congratulated the employees for completing 48 years of NTPC journey in power generation. Speaking on the occasion, General ...

TBB BUREAU BHUBANESWAR, NOV 7, 2023 Paradeep Phosphates Limited (PPL) has once again been recognized for its overall effort in maintaining Industrial safety at plant site. PPL has been conferred with the prestigious Grow Care India Fire Safety Award-2023 in the Platinum Category. Nihar Kanti Rout, Jt. General Manager (Fire & Safety) received the Award from Daya Shankar Singh, Minister ...

TBB BUREAU SAMBALPUR, NOV 7, 2023 Highlighting the imperative of raising awareness within society and combating the scourge of corruption, Mahanadi Coalfields Limited (MCL) Chairman-cum-Managing Director Keshav Rao stressed the importance of vigilance awareness among citizens. Addressing the closing ceremony of Vigilance Awareness Week-2023 on Monday evening, Rao appreciated efforts made by Team MCL in reaching out to masses with ...

TBB BUREAU BHUBANESWAR, NOV 07, 2023 India’s foremost EV charging network Statiq has launched its Fast EV charging station at Nexus Esplanade in Bhubaneswar. This strategic move underscores Statiq’s commitment to revolutionise the EV charging landscape in India and solidify its position as the nation’s largest EV charging network. Situated at Nexus Esplanade – Basement B1, this state-of-the-art charging station ...

“The leader of the past knew how to tell. The leader of the future would know how to ask” – Peter Drucker   LEADERSHIP and organizational development have long regarded feedback as a vital tool for growth and improvement. Performance evaluations are two-way streets. Leaders provide feedback to their subordinates, and their subordinates give feedback to their leaders. However, as ...

TBB BUREAU BHUBANESWAR, NOV 7, 2023 Millets in Odisha hold a storied legacy of safeguarding food security and bolstering climate resilience for tribal communities. To further empower this sector, there is an increasing need for Startups and innovation to promote millet cultivation, encourage their consumption, and create economic opportunities within this sustainable agricultural domain. In light of this Startup Odisha ...

TBB BUREAU MUMBAI, NOV 07, 2023 The National Bank for Agriculture and Rural Development (NABARD) on Tuesday announced the appointment of Goverdhan S. Rawat and Ajay Kumar Sood as Deputy Managing Directors. These additions to the leadership team will bring valuable experience and expertise to further strengthen NABARD’s commitment to promoting inclusive rural development and agricultural financing, the bank said ...

TBB BUREAU MUMBAI, NOV 06, 2023 Supriya Lifescience, one of India’s leading specialty active pharmaceutical ingredients (API) manufacturing company and CDMO signs an agreement with Kalinga Institute of Industrial Technology (KIIT) for further development of GelHeal, a protein-based cross linked Hydrogel. The gel-based cream is mapped out and designed taking into account the In-Situ scaffolding for mechanical support into the ...

TBB BUREAU NEW DELHI, NOV 06, 2023 Vedanta Aluminium, the largest aluminium producer in India, has announced the development of a groundbreaking process to significantly reduce the generation of bauxite residue, commonly known as red mud in the alumina refining process. The process reduces bauxite residue by a remarkable 30 per cent by eliminating iron values while simultaneously recovering a ...

TBB BUREAU GURUGRAM, NOV 06, 2023 Torque Pharma, a prominent player in the pharmaceutical sector, has unveiled its Anti Lice Cream Wash as part of the Torque Kvach Personal Care Brand. This product harnesses the benefits of natural ingredients to effectively eliminate lice without causing any harm to your hair. Containing a blend of natural components, including Reetha and Shikakai, ...

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TBB BUREAU BHUBANESWAR, NOV 5, 2023 “Good action, Good thinking, Good mannerism are the keys to discourage corrupt practices,” said National Aluminium Company Limited (NALCO) Chairman & Managing Director Sridhar Patra while presiding over a special function organized on Friday at the NALCO Corporate Office auditorium to mark the observance of Vigilance Awareness Week. He emphasized and exhorted for a ...

TBB BUREAU BHUBANESWAR, NOV 5, 2023 Overwhelmed by the consumers’ response to its Fiona brand sunflower oil in Karnataka, Bunge India Private Limited on Sunday announced the expansion of its home-grown cooking oil brand in Odisha. Launching Fiona Refined Sunflower Oil here today, Bunge India AVP (Marketing) Milind Acharya said that this cooking oil brand would be available at more ...

TBB BUREAU ANGUL, NOV 4, 2023 The highly anticipated Volleyball Tournament 2023, hosted by the Jindal Officer Club (JOC) of the Angul Unit of Jindal Steel and Power (JSP) reached a successful conclusion on Friday with Team Royal Dynamos clinching the championship trophy. In a thrilling display of skill and teamwork, Team Royal Dynamos, comprising players from HR, Secretariat, F&A, Audit, Contract Cell, ...

PRIYABRAT BISWAL BHUBANESWAR, NOV 03, 2023 Amid rapid surge in diabetes cases in India, a recent study has suggested that a healthy lifestyle and diet coupled with anti-diabetic properties enriched herbal formulations like BGR-34 can help control blood sugar levels in diabetic patients within 14 days. The study, conducted by a team of researchers from Patna-based Government Ayurvedic College and ...

TBB BUREAU MUMBAI, NOV 2, 2023 Diversified non-banking financial company Capri Global Capital Ltd. on Thursday said that it has disbursed Rs 1000 crore car loans in October 2023, and aims to disburse loans worth Rs 10,000 crore in the current financial year (FY24). The company has reported a remarkable surge in car loan disbursals and an all-time high record ...

TBB BUREAU NEW DEDLHI, NOV 2, 2023 Bhubaneswar-headquartered Indian Metals & Ferro Alloys (IMFA) Ltd on Thursday posted over five-fold jump in consolidated net profit to Rs 89.96 crore in the second quarter (Q2) of the current fiscal (FY24), aided by reduced expenses. It had clocked Rs 17.82 crore net profit during the year-ago period, the company said in regulatory ...

TBB BUREAU BHUBANESWAR, NOV 2, 2023 A Korean delegation comprising representatives of the Embassy of the Republic of Korea, Korea Trade-Investment Promotion Agency (KOTRA), Korea SMEs and Startups Agency (KOSME), Korea Institute for International Economy Policy (KIEP), KOSMA- Korean Small & Medium Enterprises Association in India, K-SURE- Korea Trade Insurance Corp., and Invest India Korea Plus visited Bhubaneswar and interacted ...