TBB BUREAU ROURKELA, OCT 18, 2023 Rourkela Ispat Trust (RIT) and Apollo Hospitals on Wednesday formally announced the launching of the partnership for operation of the state-of-the-art Ispat Post Graduate Institute and Super Speciality Hospital (IPG & SSH). The function was graced by Rourkela Steel Plant (RSP) Director In Charge & RIT Governing Board Chairman Atanu Bhowmick, Rourkela ADM Dr. ...
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Proactive vigilance powerful tool to safeguard organisational interests: Coal India CVO
TBB BUREAU SAMBALPUR, OCT 18, 2023 Coal India Ltd Chief Vigilance Officer Brajesh Kumar Tripathy has underscored the imperative of ongoing commitment and the establishment of a resilient framework to enhance control measures, ensuring the prevention of resource pilferage. Tripathy, who was on his maiden visit a two-day tour of Mahanadi Coalfields Ltd (MCL) beginning Monday, emphasised the pivotal role ...
Read More »Dull demand to cut revenues of diamond polishers by a third: CRISIL
TBB BUREAU NEW DELHI, OCT 18, 2023 High inventory amid falling prices to impact profitability; lab grown diamonds pose threat The Indian diamond polishing industry will see revenue drop 30-35% on-year to $14-15 billion this fiscal as an economic slowdown in its main markets — the US, the European Union (EU) and China — cuts demand. These three geographies account ...
Read More »Vedanta urges Japanese Cos to partner in India’s electronics manufacturing revolution
TBB BUREAU MUMBAI, OCT 17, 2023 In a strategic move aimed at fostering collaboration and investment prospects between Japan and India, the Gujarat Government invited Vedanta to the roadshow targeting Japan’s major electronics players, ahead of the 10th Vibrant Gujarat Global Summit. Vedanta, a global natural resources and technology conglomerate, highlighted the tremendous investment opportunities in India, especially in Gujarat, ...
Read More »CII summit to deliberate on sustainable mining practices
TBB BUREAU BHUBANESWAR, OCT 17, 2023 The Confederation of Indian Industry (CII) will organise the National Mining and Construction Equipment Summit, here on Thursday to deliberate on sustainable mining practices. The summit will bring together manufacturers of heavy equipment, mining companies including PSUs, PSEs, private mine operators, spares and component manufacturers, retailers and distributors, defence and government departments, downstream sectors ...
Read More »Odysse unveils new E2GO Graphene electric scooter in India
TBB BUREAU MUMBAI, OCT 17, 2023 Electric vehicle manufacturer Odysse has unveiled a new iteration of its domestically produced E2GO electric scooter, known as the Graphene model, which is competitively priced at Rs 63,650 (introductory price, ex-showroom Ahmedabad). The E2GO Graphene boasts an impressive single-charge range of up to 100 kilometres, with its portable battery capable of a full recharge ...
Read More »Freyr Energy raises Rs 58 Cr to accelerate solar transition
TBB BUREAU HYDERABAD, OCT 17, 2023 Freyr Energy, a leading tech-enabled rooftop solar company in India, has secured an equity investment of INR 58 Crores. Freyr Energy is at the forefront of sustainable change accelerating the transition to solar energy for the retail customers (Homeowners and Micro, Small, and Medium Enterprises) in India. The round was led by EDFI ElectriFI, ...
Read More »SIDBI announces growth programme for small NBFCs to help secure funding
TBB BUREAU NEW DELHI, OCT 17, 2023 National development bank SIDBI on Monday announced a growth accelerator programme for small NBFCs to help them become eligible for bank funding. Under the initiative, being carried out in association with the global alliance for mass entrepreneurship and national NBFC lobby FIDC (Finance Industry Development Council), it has onboarded 18 small NBFCs as ...
Read More »Public hearing on Sijimali Bauxite Mining ends successfully
TBB BUREAU BHUBANESWAR, OCT 16, 2023 The public hearing for the Sijimali Bauxite Mining was completed successfully on Monday. Sijimali Bauxite Block spread over an area of 1549.022 hectares located in the Rayagada and Kalahandi districts with an estimated reserves of 311 million tonnes of bauxite and annual production capacity of 9 million metric tonnes, was allotted to Anil Agarwal-led ...
Read More »Vedanta Lanjigarh flags off annual mega cataract camp
TBB BUREAU LANJIGARH, OCT 16, 2023 With the objective of supporting the elderly patients of the local communities with quality and accessible eye care, Vedanta Limited Lanjigarh, India’s premier producer of metallurgical grade alumina organised its annual mega cataract camp at Vedanta Hospital, here in collaboration with Mahanadi Netra Chikitsalaya, Sonepur. The camp was flagged off by the senior leaders ...
Read More »Honda Cars India organizes nationwide festive car service camp
Honda Cars India organizes nationwide festive car service camp TBB BUREAU NEW DELHI, OCT 16, 2023 Honda Cars India Ltd. (HCIL) has announced the commencement of its nationwide Festive Car Service Camp. The camp will take place at authorized dealership facilities across the country from October 16 to 20, 2023. During this period, the company will provide a variety of ...
Read More »Ageas Federal Life Insurance launches ‘Super Cash Plan’ for financial security & prosperity
TBB BUREAU MUMBAI, OCT 16, 2023 One of India’s leading private life insurance firms, Ageas Federal Life Insurance (AFLI) on Monday announced the launch of ‘Ageas Federal Life Insurance Super Cash Plan’ – a non-linked, participating savings plan for retail customers. This unique plan offers the optimal combination of immediate liquidity and unwavering financial stability for the family, making it ...
Read More »Amway India introduces multivitamin & multimineral health supplement ‘Nutrilite Daily Plus’
TBB BUREAU BHUBANESWAR, OCT 16, 2023 Reinforcing its prowess in research and innovation towards its efforts to foster a healthier nation, Amway India recently introduced all-new Multivitamin & Multimineral health supplement, Nutrilite Daily Plus. This revolutionary formulation is power-packed with 24 essential vitamins and minerals and double the quantity of plant concentrates. Nutrilite Daily Plus is the first-ever product in ...
Read More »Skill India partners Coca-Cola India to launch the Retailer Skill Development Program
TBB BUREAU BHUBANESWAR, OCT 15, 2023 To empower the retailer community in Odisha and Uttar Pradesh, the National Skill Development Corporation (NSDC), working under the aegis of the Ministry of Skill Development & Entrepreneurship (MSDE) on Sunday announced a partnership with Coca-Cola India to launch the Super Power Retailer Program under the Skill India Mission. The program is being piloted ...
Read More »Dalmia Bharat celebrates empowerment of 18K women on International Day of Rural Women
TBB BUREAU BHUBANESWAR, OCT 15, 2023 Dalmia Bharat Group on Sunday announced the successful empowerment of 18000 women on International Day of Rural Women. Through the establishment of Self-Help Groups (SHGs), these women are provided essential skill training and access to vital resources for sustainable livelihood development. In collaboration with various organisations like NRLM, NABARD, etc. Dalmia Bharat organizes various ...
Read More »Dalmia Bharat Q2FY24 net profit up 162pc at Rs 123 crore
TBB BUREAU NEW DELHI, OCT 14, 2023 Dalmia Bharat on Saturday reported a net profit of Rs 123 crore for the quarter ended September 30, 2023, registering 161.7 percent year-on-year (Y-o-Y) growth as compared to Rs 47 crore net profit recorded in the corresponding period in the previous fiscal. This was largely on the back of lower power and fuel ...
Read More »Naveen Jindal calls for India to mark 23 January as National Flag Day
TBB BUREAU CUTTACK, OCT 14, 2023 “We should mark 23 January as National Flag Day as it is the day we earned the right to display our national flag freely with respect and dignity,” said Flag Foundation of India (FFoI) President and Jindal Steel & Power (JSP) Chairman Naveen Jindal while addressing students at the Ravenshaw University here on the ...
Read More »JSP Futsal 2023 Tournament: Team Josh lifts champions trophy
TBB BUREAU ANGUL, OCT 14, 2023 Team Josh, comprising players from CGP, DRI, Coal-Washery, CHP, CHP Mines and others, emerged champion beating Team Royal Dynamos 1-0 in the thrilling final of the interdepartmental football tournament Futsal-2023, organised by Jindal Officer Club (JOC) of Jindal Steel and Power (JSP), Angul on Friday. Executive Director In-Charge & Location Head of JSP’s Angul ...
Read More »Grandparents’ Day celebrated at Rajgangpur Dalmia Vidya Mandir
TBB BUREAU RAJGANGPUR, OCT 14, 2023 Grandparents’ Day was celebrated with great enthusiasm at Dalmia Vidya Mandir (DVM), Rajgangpur. Sangam Mahila Mandal members Saroj Srivastava and Bernali Prasad graced the occasion as chief guests. Grandparents of the students participated enthusiastically in this program. On this occasion, small children presented a mesmerizing cultural program. This apart, fun games and various types ...
Read More »NALCO organizes vigilance awareness programme for Kendriya Vidyalaya students
TBB BUREAU BHUBANESWAR, OCT 14, 2023 Vigilance Awareness Program along with Integrity Pledge drive was conducted by NALCO Vigilance Department, Corporate Office, Bhubaneswar at Kendriya Vidyalaya-5, Kalinga Nagar, here on Friday. As part of this outreach activity, integrity pledge was administered to the students and staff of the school. In his address, NALCO CVO Somanath Hansdah who graced the occasion ...
Read More »World Standards Day: Vedanta Aluminium recommits to delivering superior product quality and excellence
TBB BUREAU NEW DELHI, OCT 14, 2023 On the occasion of World Standards Day, Vedanta Aluminium, India’s largest producer of aluminium, reaffirms its dedication to bolstering the quality and sustainability standards of its extensive product range. The company is the first in the Indian aluminium industry to secure the Bureau of Indian Standards (BIS) certification for several of its aluminium ...
Read More »Vedanta Aluminium launches Project ‘Saukhyam’ to enable sustainable menstrual hygiene
TBB BUREAU JHARSUGUDA, OCT 12, 2023 Vedanta Aluminium, India’s largest producer of aluminium, has inaugurated a state-of-the-art sanitary napkin manufacturing facility as part of Project Saukhyam. This initiative is the result of a collaboration between Vedanta, Subhalaxmi Co-operative, and the Technology Business Incubator at KIIT University in Bhubaneswar. The facility was inaugurated by the Vedanta Ladies Club in the presence ...
Read More »TPCODL urges for use of temporary legal connections during Dussehra
TBB BUREAU BHUBANESWAR, OCT 12, 2023 In a bid to providing secure and uninterrupted power supply during the upcoming Dussehra festival, Tata Power Central Odisha Distribution Limited (TPCODL) has issued vital safety guidelines for temporary structures and pandals. The discom has urged event organizers and shopkeepers to obtain authorized electrical connections for a safe and reliable celebration. The company’s vigilant ...
Read More »Adani Dhamra Port registers highest ever cargo handling
TBB BUREAU DHAMRA, OCT 12, 2023 Adani Dhamra Port has achieved highest ever record in cargo handling. On October 11, 2023, Dhamra Port reached the stellar feat of handling 2,26,610 MT in 24 hours, thereby surpassing the earlier record of 1,85,856 MT which was made on 30th May 2023. This momentous occasion was celebrated among all officers and workers of ...
Read More »NTPC only Indian PSU to feature in Forbes ‘World’s Best Employers 2023’ List
TBB BUREAU RANCHI, OCT 12, 2023 India’s largest integrated energy conglomerate, NTPC Limited, has been recognized as one of the “World’s Best Employers 2023” in the Forbes World’s Best Employers list 2023 released on October 10, 2023. It ranked 261st out of top 700 companies in the World ranking and is the only Indian PSU to figure in the list. ...
Read More »Heifer International and Cargill’s Hatching Hope Initiative empower women in Odisha
TBB BUREAU BHUBANESWAR, OCT 12, 2023 Heifer International on Thursday showcased its transformative initiatives in Odisha centered around poultry, on the occasion of World Egg Day. Supported by Cargill, Hatching Hope is operational in Odisha and Andhra Pradesh; and has made remarkable progress since its launch in 2018. This visionary initiative is empowering 30,000 smallholder farmers, supporting 10 hatcheries and ...
Read More »byteXL appoints senior education experts to its leadership team to augment College Transformation Programme
TBB BUREAU HYDERABAD, OCT 12, 2023 byteXL, one of India’s leading EdTech platforms focused on transforming engineering institutes, has announced the appointment of senior education experts toits leadership team. The edtech startup has roped in Vaibhav Shukla and Nishanth Reddy- both with decades of experience and proven abilities – to strengthen its position in the market. Vaibhav Shukla will be ...
Read More »TPSODL, Odisha Millet Mission join hands to promote sustainable agriculture and nutrition
TBB BUREAU BERHAMPUR, OCT 11, 2023 PSODL, a dedicated advocate for women and communities in Southern Odisha, is championing Income Generation Activities (IGAs) through its livelihood enhancement program. Collaborating with Mission Shakti, Odisha Livelihood Mission, and NGO partner, TPSODL is identifying and supporting potential Women Self-Help Groups (WSHG) and farmers through various initiatives. One of the noteworthy endeavours of TPSODL ...
Read More »Flexible packaging industry stares at decadal low profitability as oversupply stings: CRISIL
TBB BUREAU MUMBAI, OCT 10, 2023 Sizeable capacity additions over the past two fiscals and the resultant oversupply will beat down profitability of Indian flexible packaging industry to a decadal low of 8 per cent this fiscal, said credit rating agency CRISIL on Tuesday. Additionally, the weakness in export demand will contribute to the dent in profitability. Revenue will decline ...
Read More »NSDL acquires office premises from IDFC First Bank
TBB BUREAU MUMBAI, OCT 10, 2023 National Securities Depository Limited (NSDL) on Tuesday announced that it has entered into an agreement for the purchase of office premises from IDFC First Bank Limited. The transaction involves the acquisition of office premises situated at Naman Chambers, G Block, Bandra Kurla Complex, Bandra (East), Mumbai – 400 051. The agreements have been executed ...
Read More »SOCOMEC India launches medium power modular UPS ‘MODULYS XM’
TBB BUREAU CHENNAI, OCT 10, 2023 Socomec India, a recognised leader in modular UPS solutions, unveiled MODULYS XM UPS on Tuesday. Setting a benchmark with 25+ years of unmatched longevity, the new medium power model marks another significant strike in Socomec’s unwavering commitment to innovation, excellence and sustainability. Sharing details about the new product, Socomec Innovative Power Solutions Regional Managing ...
Read More »Bibhu Prasad Mahapatra takes over as PNB Executive Director
TBB BUREAU NEW DELHI, OCT 9, 2023 Bibhu Prasad Mahapatra has assumed charge as the Executive Director on the Board of Punjab National Bank (PNB) with effect from October 09, 2023 for a period of three years or up to the date of his attaining the age of superannuation. A post graduate in Political Science from Utkal University and a ...
Read More »BoB revises interest rates on retail term deposits
TBB BUREAU MUMBAI, OCT 9, 2023 Public sector lender Bank of Baroda (BoB) on Monday announced an increase in interest rates on domestic retail term deposits, including NRO and NRE term deposits, by up to 50 basis points across various tenors up to three years. These rates are applicable on deposits below Rs 2 crore with effect from October 9, ...
Read More »IOC and Reliance Foundation sign agreement to advance Olympic values education across India
TBB BUREAU MUMBAI, OCT 9, 2023 The International Olympic Committee (IOC) with the Olympic Museum has aligned with Reliance Foundation to build on the success of the Olympic Values Education Programme (OVEP) in India and signed a new cooperation agreement. It underscores the organisations’ shared priority to promote Olympic values through sport among young people. The new cooperation was agreed ...
Read More »Kausik Basu takes over as Paradip Refinery Executive Director & Refinery Head
TBB BUREAU PARADIP, OCT 9, 2023 Kausik Basu on Monday assumed charge as the Executive Director & Refinery Head ofthe Paradip Refinery. An Electrical Engineer from the prestigious Bengal Engineering College, Shibpur and PGDBM (Finance) from MDI, Gurgaon, Basu joined Indian Oil Corporation in 1992. He has a rich experience of over 31 years and has worked across the leading ...
Read More »Automobile retail sales jump 20 pc in Sep as demand soars in festive season: FADA
TBB BUREAU NEW DELHI, OCT 9, 2023 The automotive retail in September 2023 showcased a robust double-digit YoY (year-on-Year) growth of over 20 per cent as demand soared across vehicle segments with the onset of festival season, Federation of Automobile Dealers’ Associations (FADA) said on Monday. Overall automobile registrations rose to 18,82,071 units in September 2023 from 15,63,735 units in ...
Read More »TPCODL distributes 200 mobile phones under ‘Bill Pay and Win’ Scheme
TBB BUREAU BHUBANESWAR, OCT 8, 2023 As part of its “Bill Pay and Win” Scheme, TP Central Odisha Distribution Limited (TPCODL) distributed 200 mobile phones to lucky customers across 20 divisions in events organized at Bhubaneswar, Nimapada, Puri, Cuttack, Salipur, Athagarh, Dhenkanal, Talcher, Angul, Khorda, Balugaon, Nayagarh, Jagatsinghpur, Paradeep, Marshaghai and Kendrapada. These rewards recognize and commend customers who responsibly ...
Read More »JSP Foundation unveils ambitious plans to expand Mission Zero Hunger program
TBB BUREAU BHUBANESWAR, OCT 8, 2023 In a dedicated pursuit of its commitment to the vision of a Hunger-Free India, the JSP Foundation, inspired by the Hunger-Free India vision of Jindal Steel & Power (JSP) Chairman Naveen Jindal who had introduced a private bill in the Lok Sabha to end hunger in the country, is set to expand the operational ...
Read More »Dalmia Industrial Training Institute organises orientation programme for freshers
TBB BUREAU RAJGANGPUR, OCT 7, 2023 Dalmia Bharat Group of Industries initiative Dalmia Private Industrial Training Institute (DITI) at Jhagarpur in Rajgangpur, managed by the Dalmia Audyogik Shikshan Pratishthan Trust, organized a welcome and orientation programme for the newly inducted students. Government Industrial Training Institute-Rourkela Principal Dhananjaya Khura grace the occasion as the chief guest and guided the students. UCO ...
Read More »Reliance Foundation supports establishment of community-led mangrove nursery in Balasore
TBB BUREAU BHUBANESWAR, OCT 6, 2023 Continuing its efforts and community-led initiatives promoting Nature-based Solutions (NbS) for Disaster Risk Reduction in disaster prone districts of Odisha, Reliance Foundation in partnership with the local communities, has initiated conservation programme centered on conservation of the mangrove ecosystem in Balasore, Jagatsinghpur and Ganjam districts of the state. Reliance Foundation has supported the planting ...
Read More »Vedanta Aluminium launches advanced wire rods for power & transmission sector
TBB BUREAU NEW DELHI, OCT 6, 2023 India’s largest aluminium producer Vedanta Aluminium has unveiled a new range of advanced wire rods, namely T4, AL59, and the 8xxx series, establishing a new paradigm of excellence in product offerings for the global power and transmission sector. The company launched the new products on the inaugural day of the ongoing Cable & ...
Read More »ADIA to invest Rs 4,966.80 crore in Reliance Retail for 0.59 pc stake
TBB BUREAU MUMBAI, OCT 6, 2023 Abu Dhabi Investment Authority will invest Rs 4,966.80 crore into Reliance Retail Ventures Limited for a 0.59 per cent stake in the company, said Reliance Industries. ”This investment values RRVL at a pre-money equity value of Rs 8.381 lakh crore (USD 100.83 billion), which makes it among the top four companies by equity value ...
Read More »OMC, Hindalco join hands for industrial growth in Odisha
TBB BUREAU BHUBANESWAR, OCT 5, 2023 In a significant move to bolster Odisha’s commitment to deliver long term raw material security for sustainable business, the Odisha Mining Corporation (OMC) and Aditya Birla Group company Hindalco Industries Limited on Thursday signed a Memorandum of Understanding (MoU) for the Long-Term Linkage of Raw Material for HINDALCO Alumina Refinery at Kanshariguda in Rayagada ...
Read More »Yes Securities sees rise in investors’ interest in Odisha; records 2x growth in demat accounts since 2022
TBB BUREAU BHUBANESWAR, OCT 5, 2023 Leading financial services company Yes Securities has witnessed a 75 per cent rise in opening of new demat accounts in Odisha since 2022. With this surge in equity investments from across Odisha, Bhubaneswar tops the list by witnessing a 60 per cent increase in demat accounts holding in the past 1 year. The company ...
Read More »Satyendra Prasad Narala new Managing Director of Regency Ceramics
TBB BUREAU HYDERABAD, OCT 5, 2023 The shareholders of Regency Ceramics Limited have approved the appointment of Satyendra Prasad Narala as the company’s Managing Director. Satyendra Prasad moves up from his current position of Whole-time Director and CFO to Managing Director to guide the revival of the company. As Managing Director, Satyendra Prasad is tasked with re-crafting the Regency success ...
Read More »Gandhi Peace Centre organises “Remembering Bapu”
TBB BUREAU BHUBANESWAR, OCT 3, 2023 A programme titled “Remembering Bapu” was organised at the Aditya Birla Group-run Gandhi Peace Centre here on Tuesday to remember the Father of the Nation. The event was graced by Odisha Governor Governor Prof. Ganeshi Lal. Also present on the occasion were Odisha Minister Ashok Kumar Panda, Culture Department Director Dilip Routray, Bhubaneswar Municipal ...
Read More »Bank of Baroda awarded PCI DSS compliance certificate by SISA
TBB BUREAU MUMBAI, OCT 3, 2023 Bank of Baroda has been awarded the prestigious Payment Card Industry Data Security Standard (PCI DSS) compliance certificate by SISA, a leading forensics-driven cybersecurity solutions company. This accreditation is an internationally recognised Information Security Standard that certifies the secure handling of debit and credit card transactions by Bank of Baroda and the protection of ...
Read More »NTPC Coal Mining group registers best ever H1 performance in FY24
TBB BUREAU RANCHI, OCT 1, 2023 NTPC Limited delivered stellar half yearly (H1) performance in FY 2023-24, in producing coal from its four operational captive coal mines i.e. Pakri Barwadih and Chatti-Bariatu Coal Mines in Jharkhand, Dulanga Coal Mine in Odisha and Talaipalli Coal Mine in Chhattisgarh. In FY 22-23, NTPC had produced 23.20 MMT of coal from its four ...
Read More »Jindal Steel & Power Lays Foundation Stone for Grand Shiv Temple at Deojhar
TBB BUREAU JODA/BARBIL, SEPT 30, 2023 Embracing the spirituality and the community aspiration, Jindal Steel & Power Chairman Naveen Jindal and JSP Foundation Chairperson Shallu Jindal laid the foundation stone for a magnificent Shiv Temple, ‘Devalaya,’ in the heart of Devbhoomi, Jindal Nagar in Barbil on Friday. This auspicious occasion was graced with the presence of Padmasri Tulsi Munda, JSP ...
Read More »NML signs CMDPA with Coal Ministry for its North Dhadu coal mine
TBB BUREAU RANCHI, SEPT 30, 2023 NTPC Mining Limited (NML) signed the Coal Mine Development and Production Agreement (CMDPA) for its first commercial coal mine, North Dhadu (Eastern Part), won by NML in the 7th Tranche of Commercial Coal Auction round. The Agreement was signed between the Government of India through Nominated Authority, Ministry of Coal (MoC) and CEO, NML. ...
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