TBB BUREAU BHUBANESWAR, SEPT 30, 2022 LIC Mutual Fund has announced the launch of LICMF Multicap Fund (LICMF Multicap), an open-ended equity scheme, which would invest across all market capitalization categories. LICMF Multicap Fund would invest a minimum of 25 percent each in large, Mid and small cap stocks, with the balance of 25 percent providing flexibility to the fund ...

TBB BUREAU BHUBANESWAR, SEPT 30, 3033 Power Sale Agreement (PSA) was signed between NTPC Limited and GRIDCO Limited today to sell solar energy to GRIDCO. GRIDCO Director Umakant Sahoo and NTPC ER2-HQ Additional General Manager (Commercial) Subodh Kumar Pradhan signed the agreement in the presence of Odisha’s Principal Secretary-Energy Nikunja Bihari Dhal, GRIDCO Managing Director Trilochan Panda, and NTPC ER2-HQ ...

TBB BUREAU MUMBAI, SEPT 30, 2022            The Reserve Bank of India (RBI) on Friday cut the economic growth projection for the current financial year to 7 per cent from 7.2 per cent estimated earlier on account of extended geopolitical tensions and aggressive monetary policy tightening globally.            The headwinds from extended geopolitical tensions, tightening global financial conditions and possible ...

TBB BUREAU BHUBANESWAR, SEPT 29, 2022 Refuting the allegation made by a Bharatiya Janata Party (BJP) MP on degrading of iron ore value against key investors such as JSW without any evidence, an industry expert said that “it’s is an attempt to soil the reputation of an internationally credible company for vested interests.” Recently Bhubaneswar MP and senior BJP leader ...

TBB BUREAU ANGUL, SEPT 28, 2022 The public hearing for the 19.2 MTPA integrated steel plant by Jindal Steel Odisha Ltd (JSOL) at Angul has been completed successfully at Sabhaghar Hall in Angul today with the local people supporting for the project.. More than 600 people from the affected villages of the proposed project participated in the public hearing and ...

TBB BUREAU BHUBANESWAR, SEPT 28, 2022 Linen Club, the leading linen fabric and apparels brand from the Aditya Birla Group, has launched its festive campaign, Linen Utsav, in its exclusive showrooms in Bhubaneswar and Cuttack. A pioneer in the industry, the Linen Club is India’s largest linen fabric brand. The Linen Utsav is an annual marketing property of Linen Club ...

TBB BUREAU NEW DELHI, SEPT 28, 2022 Vedanta Aluminium, India’s largest producer of aluminium, champions ‘Made in India’ aluminium at the ‘ALUMINIUM 2022’ World Trade Fair in Düsseldorf, Germany. The company has put up its stall in Hall No. 6, Booth No. 64D5, at the tradeshow for displaying its top-of-the-line product portfolio and manufacturing excellence to global customers. “As India’s ...

TBB BUREAU BHUBANESHWAR, SEPT 28, 2022 Reinforcing its social welfare initiatives within the region, Dalmia Cement (Bharat) Limited (DCBL), a leading Indian cement major and a subsidiary of Dalmia Bharat Limited, successfully completed its medical drive in Odisha benefiting over 11,000 community residents of the State. The camp was organized by DCBL’s Kapilas Cement Manufacturing Works (KCMW) plant in Cuttack, ...

TBB BUREAU BHUBANESWAR, SEPT 27, 2022 Navaratna CPSE National Aluminium Company Limited (NALCO) has yet again come forward to support the Commissionerate Police of Bhubaneswar-Cuttack, by providing the much needed Police Control Room (PCR) vans.  Aluminium major NALCO today provided six PCR vans to the Twin City Commisionerate Police, to further strengthen surveillance and maintenance of law and order in ...

TBB BUREAU JHARSUGUDA, SEPT 27, 2022 Vedanta Aluminium, India’s largest producer of aluminium, felicitated 114 meritorious students from local communities, who are children of Subhalaxmi Cooperative members, for their superlative performance in matriculation examinations, conducted by the Board of Secondary Education, Odisha. On this occasion, the meritorious students were also awarded scholarships through the Subhalaxmi Mahila Kalyan Panthi to encourage ...

TBB BUREAU BHUBANESWAR, SEPT 26, 2022 Leading global technology company HCL Technologies has rebranded itself as HCLTech with a new brand identity and logo, the company said in a statement today. The company’s new ‘HCLTech’ brand and logo will be at the heart of its go-to-market strategy and represent its differentiated portfolio of services and products that supercharge digital transformation ...

TBB BUREAU ROURKELA, SEPT 26, 2022 The Pipe Plant (ERW) of Rourkela Steel Plant (RSP) has broken a 39-year record by producing 552 tonnes of pipes on September 25, 2022 to achieve the highest ever single-day production. The earlier best single-day production of the unit was 542 tonnes, achieved on March 24, 1983. RSP Director In-Charge (DIC) Atanu Bhowmick visited ...

TBB BUREAU LANJIGARH, SEPT 26, 2022 The Lanjigarh Unit of Vedanta Limited has commenced a six-month training programme for students in the tribal art form of ‘Saura’, at the SSD High School here. Thirty-six students have been handpicked for the training programme, based on their interest and aptitude. Saura art features prominently in the tribal arts heritage of Odisha. The ...

TBB BUREAU GURUGRAM, SEPT 26, 2022 Samsung India and Axis Bank have partnered to launch an exclusive co- branded credit card, powered by Visa., that will give customers 10 per cent cashback across all Samsung products and services round the year. The 10 per cent cashback offer will be over and above Samsung’s offers, on both EMI and non-EMI transactions. ...

TBB BUREAU BHUBANESWAR, SEPT 26, 2022 Operating profitability of cement makers will decline 15% on-year to Rs 900-925 per tonne in fiscal 2023, adding to the pain of a 9% decline last fiscal, as increase in realisations will not be enough to offset the increase in prices of coal, petcoke and diesel that has pushed the average cost of production ...

TBB BUREAU BHUBANESWAR, SEPT 26, 2022 India’s largest pure-play credit card issuer SBI Card has many exciting offers lined up for customers across India for the festive season 2022 from September 22 to October 31, 2022. With over 1600+ offers across online and offline merchants in tier 1, tier 2 and tier 3 cities, SBI Card aims to make shopping ...

TBB BUREAU BHUBANESWAR, SEPT 26, 2022 Samco Mutual Fund on Monday launched a systematic transfer plan (STP), called ‘Timer STP’, and a debt fund, named Overnight Fund, whose new fund offers (NFOs) will run from October 4 to 6. The minimum subscription amount for the Timer STP is Rs 25,000, paid weekly, monthly, and quarterly. Explaining the scheme, Umeshkumar Mehta, ...

TBB BUREAU NEW DELHI, SEPT 25, 2022 The India-UAE Comprehensive Economic Partnership Agreement (CEPA) which came into effect on the 1st of May 2022, is already creating a significant positive impact on India-UAE trade. Indian exports to the UAE, excluding petroleum productsgrew from US$ 5.17 billion during June-August 2021 to US$ 5.92 billion during June-August 2022, which denotes an increase ...

TBB BUREAU NEW DELHI, SEPT 25, 2022 The better digital future can only be built on pervasive digital infrastructure, developing digital platforms for delivery of government services to every citizen and ensuring access to digital services to all, said Union Minister of State for Communications Devusinh Chauhan, while addressing the Ministerial Roundtable, which is part of Plenipotentiary Conference 2022 of ...

TBB BUREAU RANCHI, SEPT 25, 2022 As part of the observance of Hindi Pakhwada, NTPC Coal Mining Headquarters here organised various competitions among its employees and their family members. In a bid to encourage the use of Hindi, an elocution competition on the topic “Women Empowerment in India“ was organized for members of the Swayamsidddha Ladies Club. Veteran journalist and ...

TBB BUREAU BHUBANESWAR, SEPT 24, 2022 Senior Deloitte India executive Rakesh Barik on Saturday exhorted the management students of KIIT School of Management (KSOM) to focus on skill upgradation on a sustained basis as technology has penetrated into every aspect of the corporate world, making jobs and workplace evolving at a faster scale. Addressing the 13th National HR Konclave, Barik, ...

TBB BUREAU CHHATRAPUR, SEPT 24, 2022 Gopalpur Ports Limited (GPL) on Saturday conducted a mobile health camp at K Aryapalli village of Aryapally Panchayat today as part of its “Concern for Community Health” drive. It’s the third such health camp organised by GPL as part of its CSR initiative, after successful organisation of two mega mobile health camps at Haripur-Bandar ...

TBB BUREAU VADODARA, SEPT 24, 2022 MX Africa Limited (MXAL) has entered into SPA to acquire the remaining 49 percent stake in the Kenya-based Quantum Lubricants Limited (QLL). MXAL is the Kenya-based wholly owned subsidiary of Maximus International Limited (MIL). Earlier, in 2019, MXAL had acquired a 51 percent equity stake in QLL which paved its entry into lubricant manufacturing ...

TBB BUREAU MUMBAI, SEPT 24, 2022 Bausch Health Companies Inc. and Glenmark Specialty S.A., a subsidiary of Glenmark Pharmaceuticals Ltd. on Friday announced that RYALTRIS (olopatadine hydrochloride and mometasone furoate nasal spray) has been approved by Health Canada for the symptomatic treatment of moderate to severe seasonal allergic rhinitis (SAR) and associated ocular symptoms in adults, adolescents, and children aged ...

TBB BUREAU ANGUL, SEPT 23, 2022 Pursuing its mission of ‘Hunger-free India’ and ‘Nutrition for All’ in the country  and  aligning with the Government policies,  JSP Foundation, the CSR wing of Jindal Steel & Power in coordination with Integrated Child Development Scheme, Odisha Livelihood Mission, Panchayati Raj & Drinking Water Department and National Health Mission  organised a mega sensitization event ...

TBB BUREAU LANJIGARH, SEPT 23, 2022 The Lanjigarh Unit of Vedanta Limited, in association with the Kalahandi District Athletics Association (KDAA), organised Kalahandi’s first-ever intra-district archery competition, here today. The event, which doubled as a selection trial for the upcoming State Open Archery Championship 2022 in October, witnessed close competition from 46 students from 5 schools in the district. The ...

TBB BUREAU BHUBANESWAR, SEPT 23, 2022 Global sustainable agriculture specialist organisation Solidaridad has joined hands with Sarat Kar & Anima Kar Foundation and Idea-Vodafone Foundation to transform Cuttack and Kendrapada districts into climate- and digitally-smart agricultural districts. The project, launched at the ICAR-Central Institute for Women in Agriculture Bhubaneswar on Friday by senior bureaucrat Roopa Roshan Sahoo in the presence ...

TBB BUREAU NEW DELHI, SEPT 23, 2022 German audio giant Sennheiser today announced exciting offers across its range of best-selling products during the biggest sale of the year – the Amazon Great Indian Festival Sale. The sale will offer customers an opportunity to get their hands on Sennheiser’s premium range of products such as the Sennheiser HD 450SE, Sennheiser Momentum ...

TBB BUREAU AGRA, SEPT 23, 2022 The recent announcement by the Government of India on increasing the domestic production of palm oil towards ensuring atmanirbharta (self-reliance) is a great opportunity for the country to demonstrate the economic and social value of sustainable palm oil production, said Joseph D’Cruz, CEO, Roundtable on Sustainable Palm Oil (RSPO) in his virtual keynote address ...

PRIYABRAT BISWAL BHUBANESWAR, SEPT 23, 2022 Researchers at All India Institute of Medical Sciences (AIIMS) in New Delhi have found that Ayurvedic formulation BGR-34 – used in treating Type 2 diabetes – has a significant role in controlling obesity. A team of doctors from country’s premier health research institute AIIMS- New Delhi has found that anti-diabetic ayurvedic drug BGR-34 is ...

TBB BUREAU HOSUR, SEPT 23, 2022 TVS Motor Company which reached the five million sales milestone for its family scooter ‘Jupiter’, today launched the new Classic special edition of the Jupiter to celebrate the achievement in style. The Jupiter Classic differs from other variants in terms of styling and features. On the feature front, the new TVS Jupiter Classic is ...

TBB BUREAU NEW DELHI, SEPT 23, 2022 PayU announced today said that it has successfully tokenized over 50 million cards to date. PayU has the potential to tokenize 90% of all domestic transactions, as it is live with India’s largest payment networks – Visa, Mastercard and RuPay, and fully certified by them as a token requestor and token provider. PayU ...

TBB BUREAU MUMBAI, SEPT 23, 2022 The Kingdom of Bhutan today reopened its borders to international guests after the COVID-19 pandemic. The country has unveiled a new tourism strategy, underpinned by transformations in three key areas: enhancements to its sustainable development policies, infrastructure upgrades, and the elevation of the guest experience. Bhutan’s noble policy of High Value, Low Volume tourism ...

TBB BUREAU BHUBANESWAR, SEPT 23, 2022 Reliance Industries Ltd (RIL) on Friday said that it has acquired a 20 per cent stake in California-based solar tech firm Caelux for USD 12 million as it strengthens its new energy manufacturing capabilities. Reliance New Energy Limited (RNEL), a wholly owned subsidiary of RIL, today signed definitive agreements to invest in Caelux Corporation, ...

TBB BUREAU MUMBAI, SEPT 23, 2022           Tata Steel Board of Directors on Thursday approved a proposal to merge with itself six of its subsidiary companies.           “The Board of Directors of Tata Steel considered and approved schemes for the proposed amalgamation of six subsidiaries into and with Tata Steel,” the statement issued by Tata Steel said.            The subsidiaries ...

TBB BUREAU BHUBANESWAR, SEPT 22, 2022 Notwithstanding pandemic induced adversities, Navratna CPSE National Aluminium Company Limited (NALCO) achieved many new milestones in the financial year 2021-22 (FY22), said a senior executive of the Company. Addressing the shareholders during the 41st Annual General Meeting on Thursday, NALCO Chairman & Managing Director Sridhar Patra said that FY 2021-22 was a historic year ...

TBB BUREAU MUMBAI, SEPT 22, 2022 In its effort to simplify the insurance buying process, SBI General Insurance has strengthened its collaboration with WhatsApp to launch an enhanced version of its WhatsApp chatbot. This will further enable easy access to insurance products through the popular messaging platform. It has made available a larger array of Health Insurance products and introduced ...

TBB BUREAU RANCHI, SEPT 22, 2022 Rajbhasha Quiz and Story Writing competitions marked observance of Hindi Pakhwada in NTPC Coal Mining Headquarters, Ranchi. NTPC Coal Mining Headquarters is observing Hindi Pakhwada from September 14 to 29. As part of the programme, various competitions among its employees and their family members are held. To encourage and popularise the use of Hindi ...

TBB BUREAU VARANASI, SEPT 22, 2022 Utkarsh Small Finance Bank Limited (USFBL), celebrated its 13th Foundation Day today with the inauguration of 22 branch outlets across the country. Utkarsh Small Finance Bank Limited MD & CEO Govind Singh virtually inaugurated the branches  across various States and Union Territories, namely Uttar Pradesh, Bihar, Jharkhand, Odisha Karnataka, Gujarat, Haryana, Punjab, Rajasthan Maharashtra ...

TBB BUREAU NEW DELHI, SEPT 22, 2022 German audio giant Sennheiser today announced exciting offers across its range of best-selling products during one of the biggest sales of the year – the Amazon Great Indian Festival Sale. Starting from 23rd September 2022 and 22nd September for Prime Members, the sale will offer customers an opportunity to get hands-on on Sennheiser ...

TBB BUREAU NEW DELHI, SEPT 22, 2022 REC has been accorded with the status of a ‘Maharatna’ Central Public Sector Enterprise, thus getting greater operational and financial autonomy. An order to this effect was issued yesterday by the Department of Public Enterprises, under the Ministry of Finance. Incorporated in 1969, REC is an NBFC focusing on Power Sector Financing and ...

TBB BUREAU KOLKATA, SEPT 22, 2022 Sharvari Wagh, Bollywood’s latest heart-throb and P.C. Chandra Jewellers’ new brand ambassador, was recently congratulated by the leading jewellery brand on winning the Filmfare award in the Best Female Debut category for Bunty Aur Babli 2. Going by its tradition of recognising talent and supporting them to achieve their dreams, Uday Kumar Chandra, Managing ...

TBB BUREAU BHUBANESWAR, SEPT 22, 2022 Private lender ICICI Bank on Thursday announced the launch of ‘Festive Bonanza’, a wide variety of offers for all its customers at the onset of the festive season. The customers can enjoy the benefit of discounts and cashbacks upto Rs. 25,000 which can be availed using the Bank’s credit cards, debit cards, internet banking, ...

TBB BUREAU BENGALURU, SEPT 22, 2022 L&T Technology Services Limited, a global leading pure-play engineering services company, today announced the launch of the first-ever Digital Engineering Awards, in association with Information Services Group (ISG), a leading global technology research and advisory firm, and business news channel CNBC TV18 in India. The Digital Engineering Awards recognize outstanding leaders who challenge the ...

TBB BUREAU PUNE, SEPT 22, 2022 Bajaj Finance Limited (BFL), the lending arm of Bajaj Finserv Limited and India’s largest and highly diversified NBFC company, is making the shopping experience for its customers more exciting this festive season. From September 23, 2022, customers can browse a range of products at Amazon Great Indian Festival at attractive prices and discounts and ...

TBB BUREAU NEW DELHI, SEPT 22, 2022 To promote Digital India initiative over Indian Railways, digital method of transactions for purchase of food items through catering units at Railway Stations is being encouraged and 8,878 static units are having the facility of digital payment. This apart, handheld PoS machines are being provided at catering units to generate printed bills and ...

TBB BUREAU MUMBAI, SEPT 22, 2022 Celcius Logistics, India’s fastest growing cold-chain marketplace startup, today announced the launch of its smart last mile delivery platform that addresses and fixes the most pertinent pain points in India’s fragile cold supply chains. The brand has also partnered with vehicle owners and automotive manufacturers to create a robust on ground network of reefer ...

TBB BUREAU JODA/BARBIL, SEPT 21, 2022 JSP Foundation, the social arm of Jindal Steel & Power (JSP), recently launched a Tailoring Training-cum-Production Centre at Jan Jeevika Kendra of JSP Pellet Plant in Deojhar Gram Panchayat, Barbil, reaching out to aspiring underprivileged women from the tribal predominant region of Joda-Barbil in Keonjhar District. The centre was inaugurated by JSP Pellet Plant ...

TBB BUREAU NEW DELHI, SEPT 21, 2022 Dalmia Bharat Limited (DBL), one of the nation’s leading cement manufacturers, is accelerating its commitment towards becoming carbon negative by 2040 through its transformative and collaborative strategy roadmap. The company revealed its larger purpose that emphasized innovation, growth and sustainability through shared synergies with multiple organisations, social entities and governing bodies. These include ...

TBB BUREAU BHUBANESWAR, SEPT 21, 2022 Adani Ports & Special Economic Zone Ltd. was selected on Monday to develop the Tajpur deep sea port in West Bengal at a planned investment of Rs 25,000 crore, of which Rs 15,000 crore will go toward port development and the rest toward building related infrastructure. The latest win adds more muscle to India’s ...