TBB BUREAU MUMBAI, JAN 21, 2023 Continuing its growth momentum, Reliance Retail has posted gross revenue of Rs 67,623 crore for the third quarter of the current fiscal (Q3FY23), registering a growth of 17 per cent year-on-year (Y-o-Y) basis. The business posted an EBITDA of Rs 4,773 crore, up 25 per cent Y-o-Y. Net profit for the quarter increased to ...
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Bandhan Bank Q3 profit down 66pc at Rs 291 cr
TBB BUREAU KOLKATA, JAN 20, 2023 Bandhan Bank Ltd on Friday reported a 66 per cent slump in its third quarter profit, due to higher provisions and lower interest income. Net profit for the quarter-ended December 31, 2022, fell to 2.91 billion rupees from 8.59 billion rupees a year earlier, with provisions and contingencies rising 91 per cent. Higher ...
Read More »SBI Bhubaneswar Circle observes Swachhata Pakhwada
TBB BUREAU BHUBANESWAR, JAN 20, 2023 The Bhubaneswar Circle of State Bank of India (SBI) organised cleanliness drive and a health checkup camp here on Friday on the occasion of Swachhata Pakhwada, which is being observed from January 16. All newly recruited security staff and other staff of SBI Local Head Office participated in the cleanliness drive. The health checkup ...
Read More »JSW Steel Q3FY23 net profit down over 85pc to Rs 474 cr
TBB BUREAU NEW DELHI, JAN 20 JSW Steel on Friday posted a sharp 85.50 per cent fall in its December quarter consolidated net profit to Rs 474 crore mainly on account of higher expenses. JSW had clocked a net profit of Rs 4,516 crore in the year-ago period, it said in a regulatory filing. Total income during the October-December 2022 ...
Read More »Reliance Jio Q3 net profit up 28.3 pc at Rs 4,638 cr
TBB BUREAU MUMBAI, JAN 20, 2023 Reliance Jio on Friday reported a net profit of Rs 4,638 crore for the third quarter (Q3) of the current financial year (FY23), up 28.3 percent from the year-ago period. The company had reported a net profit of Rs 3,615 crore in the same quarter last year. The firm had a net profit of ...
Read More »Jindal Stainless supplies stainless steel for Mumbai Metro Project
TBB BUREAU MUMBAI, JAN 20, 2023 Jindal Stainless has supplied stainless steel for the outer panels, car body, structurals, roofs, interiors, underframes, and other stainless steel applications for the Mumbai Metro project. The Mumbai Metro line was inaugurated by the Prime Minister in a Dedication Ceremony organized in Mumbai yesterday. The line will be opened for commute from today. For ...
Read More »Tata Steel Mining launches ‘e-Log’ app
TBB BUREAU BHUBANESWAR/SUKINDA, JAN 20, 2023 Steering digital transformation with technological intervention in mining operation, Tata Steel Mining Limited (TSML) launched the “e-log” app, a complete solution to all kinds of logistical needs in mining operations. The single integrated logistics platform will digitise the processes, give real time data with actionable insights and capture health records of truck drivers. ...
Read More »Bimal Pattanaik takes over as Chairman of ICSI Bhubaneswar Chapter
TBB BUREAU BHUBANESWAR, JAN 19, 2023 Bimal Prasad Pattanaik on Thursday took over as the Chairman of the Bhubaneswar Chapter of The Institute of Company Secretaries of India (ICSI) for the Year 2023. The Bhubaneswar Chapter has also elected Sasmita Panda as its Vice Chairperson, Rudra Madhab Sahoo as Secretary and Srimanta Baboo as Treasurer of the Chapter for ...
Read More »Vedanta Lanjigarh presents ‘Gyan Shree’ awards to matriculation toppers from Kalahandi
TBB BUREAU LANJIGARH, JAN 18, 2023 The Lanjigarh Unit of Vedanta Limited presented ‘Gyan Shree’ awards to toppers and students with exemplary results in the Class-X examinations, at the Kalahandi Utsav–2023 here on Wednesday. Held annually, the Vedanta Gyan Shree awards aims to celebrate exceptional academic performance by the district toppers and motivate them to aspire for higher studies. Each ...
Read More »Dalmia Cement observes National Road Safety Week
TBB BUREAU RAJGANGPUR, JAN 18, 2023 The Rajgangpur Unit of Dalmia Cement (Bharat) Limited [DCBL] observed the National Road Safety Week from January 11 to 17 in the plant premises and community. The week-long event was inaugurated by DCBL Executive Director & Rajgangpur Unit Head Chetan Shrivastav in the presence of Cluster Logistics Head Abhishek Chandra, HOD-Safety Bijay Ketan Dash, ...
Read More »Aditya Aluminium launches Project Sinchai
TBB BUREAU BHUBANESWAR, JAN 18, 2023 Aditya Birla Group company Aditya Aluminium at Lapanga is acting as catalyst for community, bridging the gap between community and Government in different key parameter indicators from health and education to livelihood under its Corporate Social Responsibility (CSR). As part of its CSR initiative, Aditya Aluminium launched Project Sinchai on Tuesday in partnership with ...
Read More »Vedanta Aluminium supports Prime Minister’s Nikshay Mitra campaign against tuberculosis
TBB BUREAU JHARSUGUDA, JAN 17, 2023 Vedanta Aluminium has pledged its support towards the Prime Minister’s ‘TB (Tuberculosis) Mukt Bharat Abhiyaan’ by launching the Nikshay Mitra program at Jharsuguda. The Nikshay Mitra program is the Central Government’s initiative to eliminate TB from the country by 2025 and intends to reduce the stigma around tuberculosis by urging citizens to adopt tuberculosis ...
Read More »National Start-up Day: Vedanta Aluminium fostering a strong start-up ecosystem to Make in India
TBB BUREAU NEW DELHI, JANUARY 16, 2023 On National Start-up Day, Vedanta Aluminium, India’s largest producer of aluminium, announced that it is working with nearly 40 leading technology start-ups, to collaborate with India’s rich start-up ecosystem and power the next phase of its growth journey. The company’s aspiration to be the world’s best and most sustainable aluminium producer is seeing ...
Read More »JIO launches True 5G in Chhattisgarh, Bihar & Jharkhand
TBB BUREAU MUMBAI, JAN 14, 2023 On the auspicious occasion of Makar Sankranti, Reliance Jio has launched its True 5G services in the states of Chhattisgarh, Bihar, and Jharkhand. In Chhattisgarh, Chief Minister Bhupesh Baghel launched Jio True 5G services in the state, starting with the capital city Raipur and the industrial agglomerate Durg and Bhilai. Jio demonstrated the transformational ...
Read More »Jio launches True 5G in Rourkela, Brahmapur on Makar Sankranti
TBB BUREAU BHUBANESWAR, JAN 14, 2023 On the occasion of Makar Sankranti, Reliance Jio has launched its True 5G services in two more cities of Odisha including the steel city Rourkela and silk city Berhampur, today. Earlier, the Jio True 5G service was launched in the temple city Bhubaneswar and silver city Cuttack on January 5, 2023. Nationally, Jio today ...
Read More »Two-day Startup Mela to kick off in Bhubaneswar on Sunday
TBB BUREAU BHUBANESWAR, JAN 14, 2023 In order to showcase the prowess of Odisha’s Startup Ecosystem and orient youth toward Startups, innovation and entrepreneurship, Startup Odisha is organizing a two-day fest — Startup Mela, 2023 — at O-Hub here from Sunday. It is also Startup Odisha’s bid to expand its outreach among the students in various institutes, colleges, B-schools, and ...
Read More »Transformation of Food Corporation of India to be done on a fast track mode: Piyush Goyal
TBB BUREAU NEW DELHI, JAN 14, 2023 The transformation of Food Corporation of India (FCI) should be done on a fast track mode so that the organization can continue to help the people, the poor and the farmers of the country, said Union Consumer Affairs, Food & Public Distribution, Textiles and Commerce & Industry Minister Piyush Goyal, while delivering the ...
Read More »Coal Ministry offers relaxation in revision of Performance Bank Guarantee
TBB BUREAU NEW DELHI, JAN 14, 2023 The Ministry of Coal had launched the 6th round and 2nd attempt of 5th round of commercial coal mines’ auction on November 03, 2022 for 141 coal mines. Considering the demand from the industry and to promote Ease of Doing Business (EoDB), the Ministry has decided that going forward the first revision in ...
Read More »PPL bags Golden Peacock CSR Award for CSR
TBB BUREAU BHUBANESWAR, JANUARY 13, 2023 Paradeep Phosphates Limited (PPL) has once again been recognized for its overall effort in CSR and enhancing the lifestyle of peripheral community. PPL has been conferred with the prestigious Golden Peacock Award for CSR for the year 2022. PPL Chief General Manager (HR) Jagannath Khuntia and Chief Manager (CSR) Soumyashree Omprakash Sahoo received the ...
Read More »Jindal Steel & Power wins prestigious Golden Peacock CSR Award for second time
TBB BUREAU BHUBANESWAR/MUMBAI, JANUARY 13, 2023 Leading steelmaker Jindal Steel & Power has been awarded with the prestigious Golden Peacock Award 2022 for its excellence in Corporate Social Responsibility (CSR) activities in the Steel Sector. This is the second Golden Peacock CSR Award for the steelmaker led by its Chairman Naveen Jindal. On behalf of the Company, JSP’s President and ...
Read More »Vedanta Lanjigarh scores hat trick at Odisha CSR Forum Awards 2022
TBB BUREAU LANJIGARH, JANUARY 13, 2023 Vedanta Limited, Lanjigarh, India’s premier producer of metallurgical grade alumina, has bagged the Odisha CSR Forum Award in three categories: healthcare and hygiene, women empowerment, and production of alumina and community development initiatives during COVID-19, for the year 2022. The company’s developmental interventions in these fields have had a transformative impact on the socio-economic ...
Read More »Vedanta Jharsuguda hosts sports enthusiasts ahead of FIH Odisha Hockey Men’s World Cup 2023
TBB BUREAU JHARSUGUDA, JAN 10, 2023 Vedanta Aluminium partnered with the Jharsuguda District Administration to host sports enthusiasts over friendly tournaments ahead of the FIH Odisha Hockey Men’s World Cup 2023, which is being held in Odisha. With sporting fervour abuzz in the region, a two-day cricket tournament was organised by the Jharsuguda District Administration at Vedanta Meadows cricket ground ...
Read More »Jio launches True 5G in Assam
TBB BUREAU MUMBAI, JAN 10, 2023 Assam Chief Minister Himanta Biswa Sarma on Tuesday launched Jio True 5G services in the State, at an event held in Guwahati. Alongside its True 5G services that were launched in Guwahati, Jio also launched its True 5G-Powered Wi-Fi services at Maa Kamakhya Temple complex today. Jio demonstrated the transformational benefits of True 5G ...
Read More »BMW India launches new BMW 3 Series Gran Limousine
TBB BUREAU GURUGRAM, JAN 10, 2023 BMW India has launched the new BMW 3 Series Gran Limousine in the country. Locally produced at BMW Group Plant Chennai, the car is available in both petrol and diesel variants at all BMW India dealerships. The new BMW 3 Series Gran Limousine takes on the position of the longest, most spacious and comfortable ...
Read More »Airtel 5G Plus now live in Bhubaneswar, Cuttack and Rourkela
TBB BUREAU BHUBANESWAR, JAN 10, 2023 India’s leading telecommunications services provider Bharti Airtel today announced the launch of its cutting edge 5G services in Bhubaneswar, Cuttack and Rourkela. The company has also deployed the ultrafast 5G services at the Kalinga Stadium in Bhubaneswar and Birsa Munda Stadium in Rourkela that are hosting the forthcoming Men’s Hockey World Cup 2023 this ...
Read More »Coal India subsidiary NCL to start M-Sand production
TBB BUREAU NEW DELHI, JAN 10, 2023 State-owned Coal India’s subsidiary Northern Coalfields Limited (NCL) is all set to start production of ‘M-Sand’-the core material used in construction in civil works in its Amlohri Project in Madhya Pradesh, according to a coal ministry statement on Tuesday. The initiative is based on promoting sustainable practices under the mentorship of the Ministry ...
Read More »Supply chain alternation to lift local steel prices from December lows: CRISIL
TBB BUREAU MUMBAI, JAN 10.2023 Global steel prices are set to stabilise in calendar 2023 on-year, after falling over 40% to $570-590 per tonne in December 2022 from the early-April peaks of $1,000 per tonne on tepid steel demand, a CRISIL report said on Tuesday. Following the global trend, domestic steel prices are expected to soften only a minimal 2-4% ...
Read More »JSP CEO Saraogi meets Barbil Wushu & Kickboxing champions
TBB BUREAU JODA/BARBIL, JAN 7, 2023 The Kickboxing and Wushu players of Joda-Barbil are National assets which must be looked after, groomed and nurtured, said Jindal Steel and Power (JSP) Group CEO (Steel) Dinesh Kumar Saraogi. Saraogi addressed the young tribal sportsmen who bagged 9 gold medals and 1 bronze in recently concluded National Kickboxing Championship at SOA University, ...
Read More »Dalmia Cement bags Odisha CSR Excellence Award-2022
TBB BUREAU RAJGANGPUR, JAN 7, 2023 The CSR wing of Dalmia Cement (Bharat) Limited was awarded with Odisha CSR Excellence Award-2022 for “Sustainable Livelihood” conferred by ODISHA CSR Forum, Bhubaneswar at an event held in the Capital City of Odisha on Saturday. Dalmia Cement (Bharat) Limited Executive Director & Unit Head-Rajgangpur Chetan Shrivastav was also felicitated by Odisha Labour Minister ...
Read More »IFFCO gets CSR Awards for community development
TBB BUREAU PARADIP, JAN 7, 2023 The Paradip Unit of IFFCO received the prestigious CSR Award in the category of Community Development. IFFCO Director and Paradip Unit Head KJ Patel got the award in the “Best Leadership” category. On behalf of the company, Jt. General Manager (P&A) K Mohanrao and Assistant Manager (PR) Prasanna Kumar Beura received the awards from Odisha Labour Minister Srikanta ...
Read More »NALCO celebrates 43rd Foundation Day
TBB BUREAU BHUBANESWAR, JAN 7, 2023 State-run National Aluminium Company Limited (NALCO) on Saturday celebrated with pride its journey of excellence with the 43rd Foundation Day celebrations, held across all its Operating Units, Regional offices and Corporate Headquarters. As part of the celebrations, the 21st Edition of NALCO Lecture series was also organized at its Corporate Office Auditorium in the ...
Read More »Talcher fertiliser plant to be operational by Oct 2024: Mandaviya
TBB BUREAU BHUBANESWAR, JAN 7, 2023 The ambitious Talcher fertilizer plant will be dedicated to the nation by October 2024, Union Fertilizer Minister Mansukh Mandaviya said on Saturday. While reviewing the progress of the Talcher fertiliser plant in the presence of Union Minister Dharmendra Pradhan, Mandaviya said, “India’s agriculture sector requires fertilizers for the sector to flourish and the country ...
Read More »Bhubaneswar-Rourkela flight service flagged off
TBB BUREAU BHUBANESWAR, JAN 7, 2023 Commercial flight services at the Rourkela airport in Sundargarh district was launched on Saturday. Union Aviation Minister Jyotiraditya Scindia launched the services virtually, while Chief Minister Naveen Patnaik and Union Education Minister Dharmendra Pradhan flagged off a 72-seater plane of Alliance Air at the Bhubaneswar airport. The plane was accorded given ...
Read More »JIO announces True 5G launch in Gwalior, Jabalpur, Ludhiana & Siliguri
TBB BUREAU MUMBAI, JAN 6, 2023 Reliance Jio on Friday announced the launch of its True 5G services in 4 more cities, namely Gwalior, Jabalpur, Ludhiana and Siliguri, taking the total number of True 5G cities to 72. Jio True 5G is rolling out at a rapid pace and is the only 5G service to be present in majority of ...
Read More »Why Agile Methodologies empower Custom Software Development Projects
JAYAJIT DASH Globally, software development companies are harvesting gains by meeting ever-changing customer needs. The adoption of agile software development has made it possible. As opposed to the legacy waterfall model where your client or customer gets to check your project status only after it is completed, agile methodologies split a project into sprints or small chunks, enabling the customer ...
Read More »MCL consolidates position as top coal producer in India
TBB BUREAU SAMBALPUR, JAN 6, 2023 Coal India Limited subsidiary Mahanadi Coalfields Limited (MCL) has entered the New Year 2023 on a high note, laying the foundation for breaking all previous records of performance to finish the financial year 2022-23. The Company has emerged as top coal producer in the country and continues to lead in its segment after producing ...
Read More »‘Pradhan Mantri TB Mukt Bharat Abhiyan’ launched at Utkal Alumina
TBB BUREAU BHUBANESWAR/KALAHANDI, JAN 5, 2023 Utkal Alumina International Limited, a subsidiary of Aditya Birla Group’s Hindalco Industries Limited, is always committed towards the health and wellbeing of its periphery villagers. As a responsible corporate, the company always demonstrates its affinity towards the community by safeguarding them from health crises and epidemic, thus contributing to the Sustainable Development Goal (SDG) ...
Read More »NTPC starts India’s first green hydrogen blending operation in PNG network
TBB BUREAU NEW DELHI, JAN 5, 2023 Country’s largest power generator, NTPC Ltd on Wednesday commissioned India’s first green hydrogen blending project. The green hydrogen blending has been started in the piped natural gas (PNG) network of NTPC Kawas Township, Surat. The project is a joint effort of NTPC and Gujarat Gas Limited (GGL). The first molecule of green ...
Read More »JIO launches True 5G in Odisha
TBB BUREAU BHUBANESWAR, JAN 5, 2023 Union Communications Minister Ashwini Vaishnaw on Thursday inaugurated Jio True 5G services in Odisha and experienced promising Jio True 5G use cases at the launch, in the presence of Union Minister for Education, and Skill Development & Entrepreneurship Dharmendra Pradhan. The temple city Bhubaneswar and silver city Cuttack will be the first cities to get ...
Read More »Vedanta’s Subhalaxmi Co-operative launches ‘Udyogini’ to encourage entrepreneurship among rural women
TBB BUREAU JHARSUGUDA, JAN 4, 2023 Subhalaxmi Co-operative, one of India’s largest rural women’s co-operatives supported by Vedanta Aluminium, has launched ‘Udyogini’ project to promote entrepreneurship among rural women residing in Jharsuguda and nearby areas. Subhalaxmi Co-operative is the flagship community development initiative of Vedanta Aluminium at Jharsuguda, with over 4,100 women members in its fold. The co-operative works towards ...
Read More »ITC’s ‘YiPPee! Better World – Trash to Treasure’ program to educate 3.5 million children on plastic waste management
TBB BUREAU BHUBANESWAR, JAN 4, 2023 With the aim of supporting the national commitments towards cleaner, greener and healthier tomorrow and as outlined in UN SDG goals especially SDG 12 (responsible consumption and production), Sunfeast YiPPee!ITC Ltd.’s well-known Instant Noodles and Pasta brand ,is creating awareness among school children on plastic waste management through its recently launched – ‘YiPPee! Better ...
Read More »EKA Mobility collaborates with Shuzlan Energy to expand its EV charging infrastructure
TBB BUREAU MUMBAI, JAN 4, 2023 EKA Mobility, an electric vehicles & technology company, and a subsidiary of Pinnacle Industries Limited, has announced entering a collaboration with Shuzlan Energy, India’s growing charging infrastructure provider, to provide a safe, convenient, and accessible EV charging infrastructure and advanced charging stations to its customers for public transportation across India. Under the collaboration, Shuzlan ...
Read More »Reliance Jio partners with Motorola India to offer users ‘True 5G’ experience
TBB BUREAU NEW DELHI, JAN 4, 2023 Reliance Jio on Wednesday announced its partnership with Motorola to enable ‘True 5G’ across Motorola’s extensive 5G smartphone portfolio in India. Motorola, in partnership with Reliance Jio has ensured that its 5G smartphones in India support Jio’s advanced Stand-Alone (SA) 5G technology, ensuring the most complete and advanced 5G experience for consumers in ...
Read More »Sushil Baveja joins Jindal Stainless as CHRO
TBB BUREAU GURUGRAM, JAN 3, 2023 Jindal Stainless announced the appointment of Sushil Baveja as its new Chief Human Resources Officer (CHRO). Baveja will be responsible for driving people strategy, enhancing workplace culture, strengthening talent management, and enriching the organization’s growth. Jindal Stainless Managing Director Abhyuday Jindal said, “In today’s competitive hiring landscape, great organisations are distinguished by their culture, ...
Read More »Habitat for Humanity India and Standard Chartered Bank join hands to offer livelihood opportunities to women
TBB BUREAU BHUBANESWAR, JAN 3, 2023 Housing non-profit organisation Habitat for Humanity India has partnered with Standard Chartered Bank to provide 969 women with upskilling, alternative livelihood opportunities, and assistance in establishing micro-enterprises to generate additional income. The project is known as Empowering Women and Improving Life through Livelihood Interventions. These women are from the states of Chhattisgarh, Maharashtra, and ...
Read More »Bandhan Bank launches ‘Jahaan Bandhan, Wahaan Trust’ campaign
TBB BUREAU MUMBAI, JAN 3, 2023 Bandhan Bank, one of the fastest-growing banks in the country, today launched its integrated marketing campaign featuring the Bank’s brand ambassador, cricketing legend, Sourav Ganguly. The ‘Jahaan Bandhan, Wahaan Trust’ campaign emphasizes the ‘trust’ that the brand has been able to earn in a span of seven years as a Bank and over the ...
Read More »Aegon Life Insurance launches plan ‘iTerm Prime’
TBB BUREAU MUMBAI, JAN 3, 2023 Aegon Life Insurance has launched the iTerm Prime Insurance plan catering to the need of self-employed individuals with a special 10 per cent discount on first year premium. Designed with Emerging India in mind, iTerm Prime offers a minimum sum assured of Rs 25 lakh, with no upper limit on a consumer’s requirement, making ...
Read More »Tata Steel Mining bags NCQC awards
TBB BUREAU BHUBANESWAR, JAN 3, 2023 Tata Steel Mining Limited (TSML) has been awarded at the 36th National Convention on Quality Concept (NCQC) held at Aurangabad in Maharashtra recently. Executives of the Company representing two teams — Team Sanjeevani and Team Jagruti — have bagged Par Excellence and Excellence Awards respectively. Team Sanjeevani from Sukinda Chromite Mine demonstrated Kaizens, Total ...
Read More »Ashok, Samsad win PPA-sponsored Paradip Marathon-2023 titles
TBB BUREAU PARADIP, JAN 3, 2023 Ashok Dandasena of Odisha Police won the men’s race at the Paradip Marathon-2023, organised by the Sports Council of Paradip Port Authority (PPA) on the occasion of the Port Foundation Day on Tuesday, while Samsad Ara Begum from Khurda claimed the title in the women’s category. Dandasena completed the race in 43 minutes ...
Read More »2022 turns out to be best-ever year for BMW Group India
TBB BUREAU GURUGRAM, JAN 3, 2023 Creating a new milestone of success, BMW Group India has posted the highest-ever annual customer deliveries in its history. The company sold 11,981 cars (BMW and MINI) and 7,282 motorcycles in calendar year 2022. BMW India registered sales of 11,268 units and MINI India of 713 units. BMW Motorrad delivered 7,282 motorcycles. Vikram Pawah, ...
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