TBB BUREAU MUMBAI, OCT 21, 2022 The board of Reliance Industries (RIL), at its meeting held on Friday, approved to demerge the company’s financial services undertaking into Reliance Strategic Investments (RSIL). The financial services undertaking will be renamed Jio Financial Services Limited (JFSL). JFSL would be listed on the Indian stock exchanges. RSIL is currently a wholly-owned subsidiary of RIL ...

TBB BUREAU BALIAPAL, OCT 21, 2022 Subarnarekha Port Private Limited (SPPL) has set up a centre of J N Tata Vocational Training Institute (JNTVTI), the premier skill development training institute of Tata Steel, at Baliapal in Balasore district of Odisha. The institute seeks to benefit local youths by enhancing their skills, thereby boosting job opportunities. The centre was inaugurated today ...

TBB BUREAU MUMBAI, OCT 21, 2022 In an endeavour to make the non-invasive early-stage cancer diagnosis an affordable reality, Tata Steel’s New Materials Business has signed a Technology Transfer Agreement with IIT Roorkee for a breath-based Cancer Detector. The agreement to this effect was signed on October 17, 2022. IIT Roorkee’s team of professors- Prof. Indranil Lahiri, Prof. Partha Roy, ...

TBB BUREAU NEW DELHI, OCT 21, 2022 Marking OP Jindal Group’s foray in the niche defence and aerospace segment, stainless steel player Jindal Stainless Limited (JSL) has signed an agreement with state-owned Yantra India Ltd for the development and manufacturing of defence products. In a statement, JSL said its defence vertical Jindal Defence & Aerospace (Jindal Defence & Aerospace) has ...

TBB BUREAU BHUBANESWAR, OCT 21, 2022 As some state governments decided to revert to the old pension scheme (OPS), a senior official of the PFRDA said that the respective governments should take prudent financial decisions before re-introducing the OPS. Speaking on the sidelines of the Annuity Literacy Programme (ALP) here, Pension Fund Regulatory and Development Authority (PFRDA) Chairman Supratim Bandyopadhyay ...

TBB BUREAU NEW DELHI, OCT 20, 2022 Union Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal on Thursday said that the world today is looking at India with great confidence. This trust has developed after 8 years of painstakingly building up India’s story. Structural reforms have been the core agenda of the government, ...

TBB BUREAU RANCHI, OCT 20, 2022 As part of its noble initiative, Swayamsiddha Ladies Club of NTPC Coal Mining Headquarters, Ranchi distributed warm blankets to associates-cum-office supporting staff including members of Indian Coffee House (ICH), Private Security Guards, Office Assistants, Drivers, and House Keeping staff of NTPC Coal Mining Headquarters. The distribution was conducted under the aegis of Club President ...

TBB BUREAU JHARSUGUDA, OCT 20, 2022 Vedanta Aluminium has launched Mobile Health Unit (MHU) services in Sundargarh district, for making doorstep healthcare services accessible in remote villages. Through its MHU, Vedanta Aluminium will help people from multiple villages of Sundargarh district access quality healthcare services, which include preliminary medical consultation, blood tests, blood pressure monitoring, basic check-ups and essential medicines ...

TBB BUREAU NEW DELHI, OCT 20, 2022 Under Pradhan Mantri Kisan Sammrudhi Kendras (PMKSK), 600 existing district level retail shops are remodelled and provided more facilities to the farmers in terms of agri inputs and services. These kendras were inaugurated by Prime Minister on the occasion of PM Kisan Sammelan. All these centres have become excellent examples of swachhata Campaign ...

TBB BUREAU BENGALURU/BHUBANESWAR, OCT 20, 2022 Acer India has announced special deals for this festive season at all its retail locations. The sale, currently going in Acer retail locations throughout the nation, will last through October 31, 2022. It is open to the entire portfolio of products. Up to Rs. 4,000 in cashback is being offered at Acer retail locations ...

TBB BUREAU MUMBAI, OCT 20, 2022 Private lender Axis Bank on Thursday reported a better-than-expected 70% jump in second-quarter profit on Thursday, as bad loan provisions slid and asset quality improved. Net profit rose to Rs 5,330 crore in the three months to September 30 from Rs 3,133 crore a year ago, Mumbai-based Axis Bank said in an exchange filing. ...

TBB BUREAU KOLKATA, OCT 20, 2022 Vivek Bharadwaj, Secretary, Ministry of Mines, Govt. of India, was warmly welcomed by Arun Kumar Shukla, CMD, Hindustan Copper Limited (HCL) and all the Directors, CVO and senior officials, on his maiden visit to HCL Corporate Office in Kolkata today. In a detailed presentation, the Mines Secretary was apprised of the overall activities of ...

TBB BUREAU MUMBAI, OCT 20, 2022 Union Bank of India’s net profit rose by 21.07 per cent year-on-year (YoY) to Rs 1,848 crore in the quarter that ended in September (Q2FY23) on the back of an improvement in its net interest margin (NIM).The bank has posted a net profit of Rs 1,526 crore in Q2FY22. The Bank’s net interest income ...

TBB BUREAU BHUBANESWAR, OCT 20, 2022 In line with its endeavour to encourage people to embrace holistic well-being and to prioritize health and hygiene, Amway India has introduced ‘Healthy Wali Diwali’ campaign, to spread festive cheer by organising sessions across healthy living and cooking, beauty, and home hygiene for Amway Direct Selling Partners and their customers across regions. The rise ...

TBB BUREAU NEW DELHI, OCT 20, 2022 Union Minister for Coal, Mines and Parliamentary Affairs Pralhad Joshi on Thursday said that during this financial year India’s total coal production will touch 900 million ton (MT) and all efforts are being taken by Coal India Limited and its subsidiaries to attain this goal.  He said that mineral exploration norms have been ...

TBB BUREAU NEW DELHI, OCT 19, 2022 Union Minister for Steel Jyotiraditya Scindia, along with his deputy Faggan Singh Kulaste, visited the Corporate Office of Steel Authority of India Limited (SAIL) in New Delhi on Wednesday. During the visit, the Ministers reviewed the progress of cleanliness in different divisions and sections established on the different floors of the office building. ...

TBB BUREAU BHUBANESWAR, OCT 19, 2022 Continuing its excellent march as the most preferred digital service provider in the country, Reliance Jio has added maximum telecom subscribers in the month of August, according to the latest telecom subscriber data published by Telecom Regulatory Authority of India (TRAI). As per the report, Reliance Jio added 32.81 lakh new mobile subscribers in ...

TBB BUREAU BENGALURU, OCT 19, 2022 Xiaomi India, country’s No.1 smartphone brand, on Wednesday announced its collaboration with Bharti Airtel, to bring the finest ‘5G Plus’ network in the hands of Xiaomi and Redmi smartphone users. As a part of this strategic collaboration, customers can experience seamless video calling, lag free gaming on the cloud and blazing fast data upload ...

TBB BUREAU BENGALURU, OCT 19, 2022 POCO, one of India’s leading smartphone brands, has announced that the company has recorded whopping sales of POCO C31 with 400K units sold from the onset of Flipkart’s Big Billion Days Sale till date. The product received a massive traffic on the e-commerce platform and became the highest selling smartphone under the 8K category ...

TBB BUREAU BHUBANESWAR, OCT 19, 2022 India’s leading multiplex chain, INOX Leisure Ltd, today announced that it is all set to offer an exceptional stadium-like experience to the cricket enthusiasts of India with the screening of LIVE matches of the ICC Men’s T20 World Cup 2022 on cinema screens at its multiplexes across the country. The eighth edition of the ...

TBB BUREAU JHARSUGUDA, OCT 18, 2022 Vedanta Aluminium has been transforming the lives of farmers in Jharsuguda through its ‘Jeevika Samriddhi’ project. This initiative is envisaged as a sustainable livelihood project in agriculture, which aims to introduce small and marginal farmers to better, more efficient, and sustainable methods of farming, thereby increasing their quantum of yield and sustained return on ...

TBB BUREAU SAMBALPUR, OCT 18, 2022 Indian Institute of Management, Sambalpur and SIDBI have inked a memorandum of understanding (MoU) on Tuesday, to strengthen the small business/micro enterprise ecosystem of various weaving and craft clusters across Odisha and the nation. Several strategic interventions will be undertaken under the partnership focused on strengthening the supply-chains, helping clusters become self-sustainable and developing ...

TBB BUREAU MUMBAI, OCT 18, 2022 South Asia’s leading express logistics service provider Blue Dart has launched its ‘Diwali Express’ offer to uphold the joy of the festive season. The offer is valid from September 27 to October 29,m 2022. A discounted rate of 65 per cent can be availed on all Diwali Gift shipments, both domestic and international; providing ...

TBB BUREAU MUMBAI, OCT 18, 2022 Reliance Jio has today rolled out the “JioFiber Double Festival Bonanza” offer to attract new users to the platform. Under the limited time offer, new subscribers can benefit from getting “100 per cent value back” and 15 days of extra validity on choosing one of the select 6-month plans when getting a new JioFiber ...

TBB BUREAU NEW DELHI, OCT 18, 2022 In a bid to strengthen its omni-channel strategy and leverage on synergies to deliver emerging fashion trends to digital-first shoppers, value-fashion retailer V-Mart Retail Ltd has signed a definitive agreement to acquire online fashion marketplace LimeRoad. As per the regulatory filings, V-Mart said it will pay lump-sum cash consideration of Rs 31.12 crore ...

TBB BUREAU ANGUL, OCT 17, 2022 JSP Foundation, the social arm of Jindal Steel & Power (JSP), observed the World Food Day 2022 at various places across the country. Aligning with this year’s theme “Leave NO ONE behind”, JSP Foundation observed this special day in Odisha with the members of Angul District Farmer’s Club Federation, Women Self Help Groups, inmates ...

TBB BUREAU BHUBANESWAR, OCT 16, 2022 Aluminium major Hindalco on Sunday launched India’s first all-aluminium freight rail rakes, helping fast-track the country’s ambitious plan to modernise freight transportation and enable large carbon savings for Indian Railways. The gleaming rakes are 180 tonnes lighter than existing steel rakes, can carry 5-10% more payload, consume less energy with relatively negligible wear and ...

TBB BUREAU BHUBANESWAR, OCT 16, 2022 World’s favourite jewellery brand Joyalukkas entered Odisha market with opening of its exclusive showroom in Bhubaneswar on Sunday. Located at Rupali Square in the Capital City of Odisha, this state-of-the-art showroom designed in the signature Joyalukkas world-class format features premium facilities and amenities to give jewellery lovers a delightful and enriching shopping experience. The ...

TBB BUREAU ANGUL, OCT 15, 2022 Satyabrat Mohapatra, a student of JSP Foundation’s Utkarsh programme, has cleared the Odisha Civil Services Examination 2020. Son of a hawker in Angul bus stand and physically challenged, Satyabrat cracked this prestigious examination with a rank of 279. Hridayeswar Jha, Executive Director & Location Head of JSP Angul, felicitated Satyabrat for his remarkable achievement ...

TBB BUREAU HYDERABAD, OCT 14, 2022 Singapore Airlines (SIA) on Friday announced the introduction of its A350-900 medium haul wide-body aircraft on the Hyderabad-Singapore sector. Singapore Airlines will operate daily flights between Hyderabad and Singapore, with the A350 services operating every Thursday, Friday, Saturday and Sunday. The inaugural service SQ 523 will depart from Hyderabad International Airport at 2310hrs on ...

TBB BUREAU NEW DELHI, OCT 14, 2022 Vedanta Aluminium, India’s largest producer of aluminium, is enabling thousands of rural women with skills, financial literacy, access to resources, technology & market, and welfare schemes, making them equal participants in the national socio-economic development. The company works on the fundamental principle that rural women’s involvement in sustainable development goals will be crucial ...

TBB BUREAU BHUBANESWAR, OCT 14, 2022 The Coca-Cola Foundation (TCCF) today announced the launch of a sustainable agriculture project ‘Unnati Aamrit’ in Odisha under its flagship program Project ‘Unnati’, which is part of the ‘Fruit Circular Economy’ initiative. Project Unnati Aamrit, funded by The Coca-Cola Foundation, has been initiated in partnership with rural development organization SWADESI, in line with the ...

TBB BUREAU ROURKELA, OCT 14, 2022 “The mantra is to work hard in a focussed manner and instead of looking for leadership from the top at all times, create a leader within each one of you in every activity of yours,” exhorted Steel Authority of India Ltd (SAIL) Soma Mondal as she interacted with a cross-section of young executives of ...

TBB BUREAU ROURKELA, OCT 14, 2022 Taking a major step forward in the field of environment management, a state-of-the-art Sewage Treatment Plant (STP) of 4 Million Litre Per Day capacity was inaugurated at Rourkela Steel Plant (RSP) by SAIL Chairman Soma Mondal on Thursday. The Chairman switched on the facility to start the operation of the plant, built at an ...

TBB BUREAU SAMBALPUR, OCT 14, 2022 Mahanadi Coalfields Limited (MCL) under its CSR initiative provided 6-month fully residential Skill Development Training on ‘Testing & Quality Control of Plastic Materials’ to the 25 ‘Divyang’ youths at Central Institute of Petrochemicals Engineering & Technology (CIPET), Bhubaneswar. At the valedictory function of the Skill Development Training Programme, certificate of completion and joining letter ...

TBB BUREAU CHENNAI, OCT 14, 2022 Renault India has launched its first one of a kind 3D Anamorphic Outdoor Activation in Bengaluru, giving an experience of Renault Kiger’s sporty design, smart interiors and the multi-sense drive modes. The 3D on-ground anamorphic experience provides an opportunity for prospective customers to virtually experience the Renault Kiger. This is the 100 percent conceptualised ...

TBB BUREAU BHUBANESWAR/MALKANGIRI, OCT 14, 2022 In collaboration with the Integrated Tribal Development Agency (ITDA), the Indian School of Business (ISB) held a district-level training on bamboo harvesting, business orientation, and management strategy in Malkangiri Malkangiri, an abundant bamboo belt in the state, is one of the pilot locations for the Forest Economy initiative by ISB-BIPP that aims to build ...

TBB BUREAU MUMBAI, OCT 14, 2022 With an aim to provide the best-in-class sales and service centre experience across portfolios for its consumers and fans, POCO, one of India’s leading smartphone brands on Friday announced the launch of its second centre in the financial capital of India.  This initiative is a step in the direction of strengthening the brand’s offline ...

TBB BUREAU BHUBANESWAR, OCT 14, 2022 Kotak Securities Limited today announced the launch of Kotak Neo, its latest trading platform ecosystem, built to accelerate and elevate the user experience for investors. Kotak Neo offers multi-platform access comprising a mobile app, website, trade API and Nest trading terminal. Kotak Neo provides ideas for long-term investments and trading calls for intraday and ...

TBB BUREAU MUMBAI, OCT 13, 2022 Global pure-play, end-to-end renewable engineering, procurement and construction solutions provider Sterling and Wilson Renewable Energy Limited (SWRE) on Thursday announced that it has won an order worth Rs 2,212 crore from NTPC Renewable Energy Limited (NTPC REL) for its proposed 1,255 MWac / 1,568 MWdc solar PV project at Khavda RE Power Park, Rann ...

TBB BUREAU CHENNAI, OCT 13, 2022    On the occasion of Karwa Chauth, Matrimony.com launched a social message on ‘mutual love & understanding’.  The video starts with the wife questioning her husband as to why does he fast, and reels names in their circle saying none of the men observe a fast for Karwa Chauth.  Husband retorts with anger for ...

TBB BUREAU WASHINGTON, DC/MUMBAI, OCT 13, 2022 Building on their efforts to narrow the gender digital divide and empower women in India, Reliance Foundation and the US Agency for International Development (USAID), on Wednesday announced the launch of the Women Connect Challenge (WCC) India Round Two and are calling for grant applications. Reliance Foundation will provide up to Rs 10 ...

TBB BUREAU NEW DELHI, OCT 12, 2022 IT services company HCL Technologies on Wednesday posted a 7 per cent year-on-year rise in consolidated net profit to Rs 3,489 crore for the September quarter as compared to Rs 3,259 crore net profit in the year-ago period. The revenue for Q2FY23 came in at Rs 24,686 crore, registering a 19.5 per cent ...

TBB BUREAU BALIAPAL, OCT 12, 2022 Subarnarekha Port Private Limited (SPPL) organised a mega health at Siddheswar College, Amarda Road in Balasore district where 833 patients received treatment.  Following the motto of the CSR initiatives of SPPL “Jal, Jeevan and Jivika”, the camp provided doorstep healthcare service to people from nearby villages like Agrada, Churupada, Barada, Chasipada, Hadmud, Bela, Bagaldiha, ...

TBB BUREAU NEW DELHI, OCT 12, 2022 NTPC and Siemens Ltd signed a Memorandum of Understanding (MoU) for feasibility to demonstrate hydrogen co-firing blended with natural gas in Siemens V94.2 gas turbines installed at NTPC Faridabad gas power plant. Under this collaboration, the two companies will jointly explore the pathways to reduce CO2 emissions from Faridabad gas power plant and ...

TBB BUREAU MUMBAI, OCT 12, 2022 The nation’s largest lender State Bank on Wednesday said its home loan book has surpassed the Rs 6-lakh-crore-mark, making it the largest in the industry. To mark the occasion, the bank also announced a festive offer for home loan buyers, offering up to 25 bps discount on interest rate starting at 8.40 per cent ...

TBB BUREAU CHHATRAPUR, OCT 12, 2022 With a noble intent of giving back to the society in this festive season, Gopalpur Ports Limited (GPL) under its Corporate Social Responsibility (CSR) banner celebrated the biggest joy of giving week ‘Daan Utsav’ in the GPL premises. The week-long festival which started on October 2 on the occasion of Gandhi Jayanti, is an ...

TBB BUREAU BENGALURU, OCT 12, 2022 IT services and technology solutions company Sonata Software on Wednesday said that it has signed an agreement with Ireland’s leading telecommunications and ICT solutions provider eir evo to support the standardization of their customer relationship management (CRM) platform, migrating them from Salesforce to Microsoft Dynamics. In addition to the above agreement, Sonata Software and ...

TBB BUREAU BHUBANESWAR, OCT 12, 2022 With the festive season around the corner, it’s time to delve in the shopping spree of jewellery love. Finding the perfect Diwali present is an annual hassle that you can’t avoid. Well with Qnet India – your one stop jewellery spot, making such decisions is very simple now.  Make sure you start searching in ...

TBB BUREAU MUMBAI, OCT 12, 2022 India’s leading Depository National Securities Depository Limited (NSDL) has acquired 5.6 per cent stake in Open Network for Digital Commerce (ONDC) i.e. 10,00,000 equity shares of Rs. 100 each. NSDL invested an amount of Rs.10 Crore in ONDC under the private placement route. NSDL commends more than 89 per cent of the market share ...