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NueGo receives ‘Asia Book of Records’ and ‘India Book of Records’ citations

TBB BUREAU MUMBAI, JUNE 1, 2023 NueGo, India’s leading premium electric bus brand by GreenCell Mobility, was on Thursday honored with the prestigious Asia Book of Records and India Book of Records certifications and citations for the successful launch of First Ever All-Woman Electric Intercity Bus. The adjudicators of Asia Book of Records and India Book of Records presented the ...

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NBFC-MFIs’ AUM growth seen at 25-30pc: CRISIL

TBB BUREAU MUMBAI, JUNE 01, 2023 Assets under management (AUM) of non-banking financial company-microfinance institutions (NBFC-MFIs) is set to grow 25-30 per cent this fiscal amid improving asset quality and continued traction in economic activity, said a CRISIL Report on Thursday. Complementing these tailwinds will be rising profitability supported by higher net interest margins. The confluence of these factors augurs ...

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Application deadline for the National Startup Awards 2023 extended till June 15

TBB BUREAU NEW DELHI, JUNE 01, 2023 The deadline for submission of applications for National Startup Awards 2023 — which were made live from 1st April 2023 – has been extended to 15th June 2023. The extension of the National Startup Awards 2023 application deadline allows aspiring entrepreneurs and enablers additional time to showcase their innovative solutions and profound societal ...

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Aegon Life becomes first insurance company to cover surrogate mothers and egg donors

TBB BUREAU MUMBAI, JUNE 01, 2023 Life insurance company Aegon Life has launched industry’s first policy that covers surrogate mothers and egg donors. This policy provides financial protection to their nominees in case of any complications or death resulting from surrogacy procedures. It aligns with the Surrogacy (Regulation) Act, 2021 and the Assisted Reproductive Technology (Regulation) Act, 2021 introduced by ...

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Centurion University’s geospatial workshop at Bhubaneswar campus

TBB BUREAU BHUBANESWAR, JUNE 1, 2023 A two-day workshop was organized by Centurion University in association with PAN India (Trimble), at the University’s Bhubaneswar campus on May 29-30, 2023 to deliberate on the advanced technology in various geospatial applications. The workshop was inaugurated by Campus Director Prof. Jagannath Padhi and Dean SoET Dr. Sujata Chakraborty. PAN India consultants, Umesh Kumar ...

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Amarendu Prakash takes over as SAIL Chairman

TBB BUREAU NEW DELHI, MAY 31, 2023 Amarendu Prakash has assumed the charge of Chairman, Steel Authority of India Limited (SAIL) w.e.f. 31st May, 2023. Prior to taking charge as the Chairman, Prakash held the post of Director in-charge, Bokaro Steel Plant (BSL), SAIL. Amarendu Prakash A metallurgical engineer from BIT Sindhri, Prakash joined SAIL in 1991 as a Management ...

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NTPC Swayamsiddha Ladies Club provides sanitary vending machine and incinerator at Ranchi University

TBB BUREAU RANCHI, MAY 31, 2023 On the occasion of Swachhta Pakhwada 2023 which was observed from May 16 to 31, Swayamsiddha Ladies Club of the NTPC Coal Mining Headquarters on Wednesday provided a Sanitary Pad Vending Machine and Incinerator at Ranchi University’s Science Block building, which included Department of Chemistry Department, Zoology and Botany. The Sanitary Pad Vending Machine ...

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Paradip Port touches new highs during 9 years of Modi Govt

TBB BUREAU PARADIP, MAY 31, 2023 Commemorating the occasion of the Modi Government’s nine years in office, Paradip Port Authority (PPA) Chairman PL Haranadh on Wednesday highlighted the growth saga of Indian Major Ports and especially that of Paradip Port while interacting with the local media. Under the “Sagarmala” Programme announced by Prime Minister Narendra Modi in March 2025, Paradip ...

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TPSODL appoints Amit Garg as new CEO

TBB BUREAU BERHAMPUR, MAY 31, 2023 Tata Power Southern Odisha Distribution Limited (TPSODL) on Wednesday announced the appointment of Amit Garg as the new Chief Executive Officer (CEO) of the Company, with effect from June 1, 2023. He will take over charge from Aravind Singh, who has been appointed as the CEO of TPCODL. Amit Garg Welcoming Garg at the ...

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Arvind Singh appointed as TPCODL CEO

TBB BUREAU BHUBANESWAR, MAY 31, 2023 Tata Power Central Odisha Distribution Limited (TPCODL) on Wednesday announced the appointment of Arvind Singh as the new Chief Executive Officer (CEO) of the company. Singh will take charge on June 1, 2023. Arvind Singh In a meeting held on May 25, 2023 the Board of Directors of TPCODL unanimously appointed Arvind Singh as the CEO, ...

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Government invites applications for setting up Semiconductor and Display Fabs

TBB BUREAU NEW DLHI, MAY 31, 2023 The Union Government has decided to invite new applications for setting up of Semiconductor Fabs and Display Fabs in India from June 01, 2023 under the Modified Semicon India Programme. The applications will be received by India Semiconductor Mission, the designated nodal agency entrusted with the responsibility of implementing the Modified Semicon India ...

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States should adopt innovative models, offer package deals for faster investments: Piyush Goyal

TBB BUREAU NEW DELHI, MAY 30, 2023 Emphasizing upon the financial viability of the NICDIT projects, Union Minister for Commerce & Industry, Consumer Affairs, Food & Public Distribution and Textiles, Piyush Goyal on Tuesday urged the States for faster allotment of lands at reasonable rates. Speaking at the second meeting of the Apex Monitoring Authority constituted to review the activities ...

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FIRE corridors will ignite industrialization & economic development in India: Nirmala Sitharaman

TBB BUREAU NEW DELHI, MAY 30, 2023 Emphasizing upon the need to ensure continued coordination between the Central and the State Governments and suggesting to work collectively as ‘Team India’, Union Finance and Corporate Affairs Minister Nirmala Sitharaman on Tuesday stated that “FIRE Corridors = F – Freight; I – Industrial; R – Railways; E – Expressways” will ignite industrialization ...

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World Menstrual Hygiene Week: Vedanta Aluminium reaffirms commitment towards fostering women’s health & well-being; raises awareness among rural women

TBB BUREAU NEW DELHI, MAY 30, 2023 Vedanta Aluminium reached out to over 2300 women to raise awareness around women’s health as part of the Menstrual Hygiene Week across its operations in Odisha and Chhattishgarh. Aligned to this year’s UN theme of ‘Making menstruation a normal fact of life by 2030’, the company launched a series of crucial initiatives in ...

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Hindalco’s Healthcare on Wheels benefits locals

TBB BUREAU BHUBANESWAR, MAY 30, 2023 Aditya Birla Group company Hindalco at Sambalpur in Odisha has taken several healthcare initiatives to ensure better and meaningful lives for the locals. During last year, around 14,000 people from 5 wards of Hirakud availed its healthcare facilities. Through its Mobile Health Unit (MHU) under the ‘Healthcare at Doorsteps’ initiative, Hindalco is providing primary ...

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Suzuki Motorcycle India inks pact with Bajaj Finance to provide personalized two-wheeler financing

TBB BUREAU NEW DELHI, MAY 30, 2023 Suzuki Motorcycle India Private Limited (SMIPL), the two-wheeler subsidiary of Suzuki Motor Corporation, Japan on Tuesday entered into an agreement with Bajaj Finance Limited (BFL) to provide quick and hassle-free financing on the purchase of Suzuki two-wheelers. The partnership will enable customers to avail round-the-clock, easy, and hassle-free retail financing option on the ...

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Researchers suggest for trials of more medicinal plants for diabetes treatment

TBB BUREAU BHUBANESWAR, MAY 30, 2023 There are at least 400 medicinal plants which can be very effective in reducing sugar level in blood, thus treating Diabetes mellitus naturally, but only a small number of these have received scientific and medical evaluation to assess their efficacy, says a team of Indian researchers while advocating for in-depth research to explore the ...

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Srikrishnan Harihara Sarma appointed as Karnataka Bank MD

TBB BUREAU MANGALURU, MAY 27, 2023 Srikrishnan Harihara Sarma has been appointed as the new Managing Director (MD) and CEO of the Mangaluru-headquartered private sector Karnataka Bank. The appointment of Sarma will be effective from the date of his assuming charge and last for a period of three years, the bank said in a statement on Friday. Sarma has four ...

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Reliance Consumer Products partners with General Mills to launch Alan’s Bugles in India

TBB BUREAU MUMBAI, MAY 26, 2023 Reliance Consumer Products Limited (RCPL), the FMCG arm and a wholly-owned subsidiary of Reliance Retail Ventures Limited (RRVL) on Friday announced its foray into the western snacks category with the launch of Alan’s Bugles in India. For the first time ever, snackers in India can enjoy Bugles, the international corn chips snacks brand with ...

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Mukesh Ambani appointed as COP28 Advisory Committee member

TBB BUREAU NEW DELHI, MAY 26, 2023 Noted industrialist and Reliance Industries Ltd Chairman & Managing Director Mukesh Ambani has been appointed as the member of Advisory Committee to the President of the 28th Session of the Conference of the Parties (COP28) to the United Nations Framework Convention on Climate Change (UNFCCC). Ambani is the second Indian after Centre for ...

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Over 120 start-ups, 20 major industries to participate in first ever Mining Start-up Summit in Mumbai on May 29

TBB BUREAU NEW DELHI, MAY 26, 2023 More than 120 start-ups and 20 major industries will be participating in the first Mining Start-up Summit to be organized by the Ministry of Mines in collaboration with Ministry of Mines on 29th of this month in Mumbai. Union Minister for Coal and Mines Pralhad Joshi will inaugurate the Summit, which will mainly ...

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TPCODL inaugurates state-of-the-art training centre in Bhubaneswar

TBB BUREAU BHUBANESWAR, MAY 25, 2023 In a bid to ensure skill enhancement, provide technical training and access to the latest training resources for its employees Tata Power Central Odisha Distribution Limited (TPCODL) on Wednesday inaugurated a state-of-the-art training centre at Baramunda in the capital city of Odisha. The centre was inaugurated by Tata Power President Sanjay Banga in the ...

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Vedanta Lanjigarh archery training program students qualify for Janjatiya Khel Mahotsav

TBB BUREAU LANJIGARH, MAY 25, 2023 Two students of the archery training program run by Vedanta Limited Lanjigarh have qualified for the upcoming Janjatiya Khel Mahotsav. The students – Sanjay Majhi and Bikram Majhi – will be participating in the national level tournament, being organised by Kalinga Institute of Social Sciences, in collaboration with the Union Ministry of Culture and ...

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Capri Loans acquires 51pc stake in CarLelo

TBB BUREAU MUMBAI, MAY 25, 2023 Capri Global Holdings Pvt Ltd (CGHL), the holding company for Capri Global Capital Limited – a prominent non-banking financial company with the brand name Capri Loans, has expanded its national footprint by acquiring 51 per cent stake in CarLelo, India’s leading online new car selling platform. This strategic investment, amounting to Rs 150 crore, ...

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Dalmia Cement, NABARD join hands to promote backyard poultry farming in Odisha

TBB BUREAU BHUBANESWAR, MAY 25, 2023 Indian cement major Dalmia Cement (Bharat) Limited (DCBL) in collaboration with National Bank for Agriculture and Rural Development (NABARD), has launched a new sustainable livelihood initiative – “Promotion and formation of Farmer Producer Organization on Backyard Poultry Farming” at Rajgangpur in Sundargarh district of Odisha. As part of the Memorandum of Understanding (MoU) signed ...

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India has become a ray of hope for the world when it comes to strengthening the economy and fighting poverty: PM Modi

TBB BUREAU NEW DELHI, MAY 25, 2023 “India has become a ray of hope for the world when it comes to strengthening the economy and fighting poverty,” said Prime Minister Narendra Modi, while flagging off the inaugural run of Dehradun-Delhi Vande Bharat Express train via videoconferencing, on Thursday. Throwing light on his three-nation tour to Japan, Papua New Guinea and ...

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LIC records over five-fold jump in Q4FY23 net profit at Rs 13,191 cr

TBB BUREAU NEW DELHI, MAY 24, 2023 Life Insurance Corporation of India (LIC) on Wednesday announced a more than five-fold surge in its consolidated net profit to Rs 13,191 crore for the fourth quarter ended March 2023 (Q4FY23) as against Rs 2,409 crore in the corresponding period a year ago. However, the total income of the insurance behemoth during Q4FY23 ...

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NALCO posts Rs. 1,544 cr net profit, clocks all-time high revenue at Rs.14,255 cr in FY23

TBB BUREAU BHUBANESWAR, MAY 24, 2023 Navratna central public sector enterprise National Aluminium Company Limited (NALCO) has reported robust performance across all its business units, with best-ever annual production and sales during the Financial Year 2022-23. According to the financial results, taken on record in the Board of Directors meeting on Wednesday, the state-run aluminium major has posted a net profit ...

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Hindalco Industries Q4FY23 net profit at Rs 2,411 cr

TBB BUREAU NEW DELHI, MAY 24, 2023 Hindalco Industries Ltd on Wednesday reported a consolidated net profit of Rs 2,411 crore for the fourth quarter ended on March 31, 2023 (Q4FY23) as against Rs 3,860 crore recorded in the corresponding period in FY 2021-22,. However, the company witnessed a marginal rise in its total income in the quarter under review. ...

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India’s GDP growth may cross 7pc in FY23: RBI Guv

TBB BUREAU NEW DELHI, MAY 24, 2023 Going by the trends, India’s gross domestic product (GDP) for FY23 may cross the estimated 7 per cent growth, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Wednesday. Speaking at the annual conference of the Confederation of Indian Industry (CII) here, Das said that there is a possibility that the GDP ...

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India being looked upon as the bright spot by the world: Piyush Goyal

TBB BUREAU NEW DELHI, MAY 24, 2023 India has emerged from the shadows of the past and is being looked upon as the bright spot by the world, said Union Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal, here on Wednesday. Addressing the CII Annual Session 2023 “Future Frontiers: Competitiveness, Technology, Sustainability and ...

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HMD Global launches Nokia C32

TBB BUREAU NEW DELHI, MAY 24, 2023 HMD Global, the home of Nokia phones, lon Wednesday launched the new Nokia C32, the first smartphone in the popular C-series range with a 50MP Dual camera, bringing advanced imaging to an even more affordable price point. Arriving with the latest Android 13 in a new, refreshed design, it has a toughened glass ...

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Vedanta Aluminium sets up rehabilitation centre for specially-abled children in Jharsuguda

TBB BUREAU JHARSUGUDA, MAY 23, 2023 Vedanta Aluminium, India’s largest producer of Aluminium, has established a state-of-the-art rehabilitation centre at its township in Jharsuguda for specially-abled children. The facility will serve as a dedicated hub for providing comprehensive care, therapy and support to children with various disabilities. It will offer a wide range of services, including speech therapy, physiotherapy and ...

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Motorola unveils world’s slimmest 5G phone

TBB BUREAU NEW DELHI, MAY 23, 2023 Motorola, India’s best 5G smartphone brand, on Tuesday announced the launch of motorola edge 40, the latest addition to its premium edge franchise; disrupting the Indian smartphone market with many world’s first and segment first features.  The edge 40 is the world’s Slimmest 5G smartphone with an IP68 rated underwater protection. While being ...

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Vedanta Aluminium engages ERM India to bolster Biodiversity Management Plan

TBB BUREAU NEW DELHI, MAY 22, 2023           On International Day of Biological Diversity, Vedanta Aluminium, the largest aluminium producer in India, announced its collaboration with ERM India, a renowned environmental consulting firm, to enhance its Biodiversity Management Plan (BMP). The collaboration will aim to reinforce the implementation of biodiversity management practices across the operations of Vedanta Aluminium, marking a ...

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Ports, Shipping & Waterways Ministry conference deliberates on making India self-reliant in maritime

TBB BUREAU NEW DELHI, MAY 21, 2023 The Ministry of Ports, Shipping and Waterways on Sunday started its Chintan Shivir at Munnar in Kerala, to determine the targets and deliberate upon the ideas of making India Atmanirbhar (self-reliant) in maritime, according to an official statement. The Shivir was chaired and inaugurated by Ports, Shipping & Waterways Minister Sarbananda Sonowal. Speaking ...

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TPCODL illuminating rural Odisha through ‘Bidyut Seva Kendras’

TBB BUREAU BHUBANESWAR, MAY 19, 2023 Tata Power Central Odisha Distribution Ltd (TPCODL) is revolutionizing power distribution in Odisha’s central region with ‘Bidyut Seva Kendras (BSKs)’. With 550-plus strategically placed BSKs, TPCODL is dedicated to empower rural communities in Odisha through customer-centric approach and the transformative power of BSKs, illuminating lives and paving the way for a brighter future. BSKs ...

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PNB Q4FY23 profit jumps over 5-fold to Rs 1,159 cr

TBB BUREAU NEW DELHI, MAY 19, 2023 Punjab National Bank (PNB) on Friday reported over five-fold jump in its net profit to Rs 1,159 crore for the quarter ended on March 31, 2023 (Q4FY23) as against a standalone net profit of Rs 202 crore in the year-ago period. The operating profit was at Rs 5866 crore during Q4 FY23, registering ...

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JSW Steel Q4 profit grows 12 pc to Rs 3,741 cr

TBB BUREAU NEW DELHI, MAY 19 JSW Steel on Friday posted 11.90 per cent rise in consolidated net profit at Rs 3,741 crore for March quarter of FY 2022-23 (Q4FY23) as compared to Rs 3,343 crore in the year-ago period JSW Steel said in a BSE filing. Total income went up to Rs 47,427 crore in Q4FY23 from Rs 47,128 ...

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DAV Vedanta Lanjigarh students shine with exceptional results in CBSE Exams 2023

TBB BUREAU LANJIGARH, MAY 19, 2023 Vedanta Limited Lanjigarh on Thursday proudly announced the outstanding achievements of students at DAV Vedanta International School, a prestigious educational institution under its stewardship. Remarkably, all students in both the Senior Secondary and Higher Secondary levels achieved a 100 per cent pass rate, with exceptional performance in the 1st Division. Saubhagya Nayak from Class ...

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‘Sustainable Is Attainable’ Fest by Tata Power & Network18 sets stage for clean energy revolution

TBB BUREAU NEW DELHI, MAY 19, 2023 Tata Power, one of India’s largest integrated power companies, and News18 took their mass movement ‘Sustainable Is Attainable (SIA)’ to a new high, by inaugurating the SIA Fest at New Delhi on Thursday. The fest witnessed the convergence of leaders from diverse fields, made a decisive bid towards India’s global green leadership. It ...

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Thanks to TPCODL, new electricity connection just a phone call away now

Tata Power Central Odisha Distribution Limited (TPCODL) is making significant advancements in enhancing transparency and ensuring customer convenience. To achieve this, TPCODL has a hassle-free process for individuals seeking new power connections. This streamlined procedure involves four simple steps: Registration, Document Submission, Payment and Verification, and Meter Installation, all handled by the company. Customers have various convenient options to initiate ...

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FADA seeks cut in GST on two-wheelers from 28 pc to 18 pc

TBB BUREAU NEW DELHI, MAY 18 Automobile dealers’ body Federation of Automobile Dealers Associations (FADA), on Thursday sought an immediate cut in GST on two-wheelers from 28 per cent to 18 per cent for making two-wheelers more affordable, reviving demand and reinvigorating an industry that has seen a significant slump in sales over the past few years. The industry body ...

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Overall mineral production increases by 6.8 pc in March 2023

TBB BUREAU NEW DELHI, MAY 18, 2023 The index of mineral production of mining and quarrying sector for the month of March, 2023 (Base: 2011-12=100) at 154.2, is 6.8 per cent higher as compared to the level in the month of March, 2022. As per the provisional data of Indian Bureau of Mines (IBM), the cumulative growth for the period ...

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AIMIL Ayouthveda bags “Best D2C Brand Of The Year Award-2023” for promoting ayurvedic beauty products

TBB BUREAU NEW DELHI, MAY 18, 2023 New Delhi-based AIMIL Ayouthveda added one more feather to its illustrious cap on Wednesday as its skin care products brand ‘Ayouthveda’ won the “Best D2C Brand Of The Year Award-2023” under the Omnichannel Strategy category, at D2C India, India’s largest new commerce conference organised by IndianRetailer.com (IReC) in B​engaluru. IReC Awards recognises the ...

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Amway presents hydrating and balancing ranges for youthful skin

TBB BUREAU BHUBANESWAR, MAY 18, 2023 Advancing towards its philosophy of delivering nutrients for the skin, Amway India, one of the leading FMCG Direct Selling companies in the nation, has launched an exclusive range that transcends the skincare needs of all. The Balancing and Hydrating ranges introduced by Artistry Skin Nutrition showcases a distinctive blend of ingredients that collaborate to ...

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