TBB BUREAU LANJIGARH, SEPT 12, 2022 National Recruiting Agency Secretary Sanjeeb Kumar Mishra, who is also the Central Nodal Officer – Jal Shakti Abhiyan, and Central Prabhari Officer – NITI Aayog, on Monday visited Vedanta Limited – Lanjigarh, India’s premier producer of metallurgical grade alumina, during his official visit to Lanjigarh. He was accompanied by Kalahandi Collector P Anvesha Reddy, ...

TBB BUREAU NEW DELHI, SEPT 11, 2022 The overall revenue of Indian Railways at the end of August 2022 was Rs 95,486.58 crore, showing an increase of Rs. 26271.29 crore or 38 per cent over the corresponding period of last year. The revenue from passenger traffic was Rs.25,276.54 crore with an increase of Rs 13,574.44 crore (116 per cent) over ...

TBB BUREAU NEW DELHI, SEPT 11, 2022 Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal said that India is on the path to become a powerhouse driving global growth by 2047. Interacting with the Business Community of Southern California in the USA, the Minister said conclusion of the Indo-Pacific Economic Framework (IPEF) ...

TBB BUREAU BHUBANESWAR, SEPT 10, 2022 As part of the Teachers’ Week celebrations, the Bhubaneswar Chapter of the Institute of Company Secretaries of India (ICSI) on Saturday organised a faculty development programme titled “Empowering Educators” here. Delivering the inaugural address, Chief Guest of the conference and National Law University Odisha Vice Chancellor Prof. Ved Kumari said that teachers are nation ...

TBB BUREAU LOS ANGELES, SEPT 10, 2022 Union Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal today reaffirmed the desire of both India and USA to continue to work towards strengthening economic relations & strategic partnership. Addressing an event hosted by US-India Strategic Partnership Forum in Los Angeles, Goyal reaffirmed that both the ...

TBB BUREAU NEW DELHI, SEPT 09, 2022           India’s rice production could fall by 10-12 million tonnes during the Kharif season this year due to a fall in paddy sowing area, the government said on Friday.            At a press conference to explain rationale behind the imposition of ban on exports of broken rice, Union Food Secretary Sudhanshu Pandey pointed ...

TBB BUREAU BHUBANESWAR, SEPT 09, 2022 In its journey to enhance customer experience, Tata Power Central Odisha Distribution Ltd (TPCODL) inaugurated a new Division Office at Khordha recently. The office, set up to cater to issues of Khordha Electrical Division, also houses a Customer Care Centre dedicated to the consumers in and around Khordha. This is TPCODL’s 16th Customer Care ...

TBB BUREAU BHUBANESWAR, SEPT 09, 2022 With 70 per cent of the total coal produced in Odisha supplied to power plants based in other states and the continuing coal shortage threatening the survival of local industries, the Utkal Chamber of Commerce and Industry Ltd. (UCCI) has sought intervention of Chief Minister Naveen Patnaik to save thousands of SMEs in the ...

TBB BUREAU NEW DELHI, SEPT 09, 2022 Power major NTPC Ltd has signed a memorandum of understanding to supply electricity generated from renewable sources to Military Engineering Services (MES). This is the first ever agreement by the Indian armed forces for getting power supply from renewable energy sources, NTPC said in a statement. This will go towards the gradual decarbonization ...

TBB BUREAU ROURKELA, SEPT 09, 2022 SAIL-run Rourkela Steel Plant (RSP) has scripted its best-ever April-August performance in major production areas. The steel plant produced 17,76,792 tonnes of hot metal, 16,57,623 tonnes of crude steel and 15,18,486 tonnes of saleable steel during the first five months of the current fiscal, registering growth of 1.7 per cent, 2.3 per cent and ...

TBB BUREAU BENGALURU, SEPT 09, 2022 Strengthening their global collaboration, HCL Technologies (HCL) and Intel have launched a Center of Excellence to accelerate the creation and adoption of industry-tailored Digital Workplace (DWP) offerings. Equipped with cutting-edge technologies and experts, the Center of Excellence will leverage HCL’s DWP solutions and Intel’s technology portfolio to co-create solutions that enable seamless, connected and ...

TBB BUREAU BHUBANESWAR, SEPTE 09, 2022 The 16th edition of Tata Steel’s Young Astronomer Talent Search (YATS), which seeks to identify and promote the talent of school students of Odisha in the field of space science, is now online. YATS, organised in association with Pathani Samanta Planetarium, is being conducted in a hybrid mode this time where students can participate ...

TBB BUREAU JHARSUGUDA, SEPT 08, 2022 Vedanta Aluminium, India’s largest producer of aluminium, is working to bridge the literacy divide by enabling rural communities’ access to quality education. In pursuit of this aim, the company has been running several high-quality educational interventions, right from supporting pre-school education to implementing e-learning programmes to address the learning gaps created by the pandemic ...

TBB BUREAU BHUBANESWAR, SEPT 08, 2022 Home-grown steel major Jindal Steel & Power Ltd (JSP) has been honoured with the “Best CSR Impact Initiative Award” for its high-impact sustainable social development interventions. On behalf of the Company, President & Group CSR Head Prashant Hota received the award in the Eastern India Leadership Awards programme held at Kolkata by World CSR ...

Priyadarshi Nanu Pany Let me roll back the calendar to October 2021. If you recall, Facebook (now Meta) then suffered a major outage for around six hours. Facebook-owned social platforms- WhatsApp and Instagram, too, faced blackout. It was an unanticipated shock for folks glued to these sticky platforms. At the same time, it triggered economic losses worth millions of dollars ...

TBB BUREAU NEW DELHI, SEPT 08, 2022 Union Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal on Thursday said while the Indian Diaspora in the US has been very professional and innovative in their approach, they have simultaneously maintained the strong connect with Indian culture and value system, thus keeping the soul of ...

TBB BUREAU BHUBANESWAR, SEPT 07, 2022 The Odisha Government on Wednesday signed a memorandum of understanding (MoU) with the Tata Memorial Centre, Mumbai for setting up a state-of-the-art Cancer Hospital at the NISER campus near the state capital. Director of Tata Memorial Centre Mumbai Dr Rajendra Badwi and Odisha’s Special Secretary Public Health Dr Ajit Kumar Mohanty signed the MoU ...

TBB BUREAU MUMBAI, SEPT 07, 2022 Announcing a partnership with branchless banking network PayNearby, a senior executive of Axis Bank said on Wednesday that such tie-ups would aid the private lender in achieving priority sector lending aims. “The priority sector targets that we have in our own business, if we have a shortfall, we have to build up through PSLCs ...

TBB BUREAU BERHAMPUR, SEPT 07, 2022 Tata Power Southern Odisha Distribution Limited (TPSODL) has launched all-women Customer Relation Centre in Berhampur. The centre is managed entirely by the female staff that includes the customer care executives, cashiers, housekeeping staff and the security guard. This Customer Relation Centre (CRC), inaugurated by Tata Power CEO & MD Praveer Sinha and equipped with ...

TBB BUREAU DELHI, SEPT 07 2022 Sterlite Power’s Mumbai Urja Marg Transmission Limited (MUML) successfully commissioned 400kV Banaskantha, Kansari and Vadavi Transmission lines in Gujarat. The high voltage transmission line will help in the evacuation of 1000 MW of renewable power from the pooling station at Bhuj in northern Gujarat to the national grid. In addition to that, the transmission ...

TBB BUREAU NEW DELHI, SEPT 07, 2022 Honda Cars India Ltd. (HCIL) on Wednesday announced that its popular family sedan Honda Amaze has cumulatively sold 5 lakh units since its first introduction in 2013. The car, presently in its second generation version, holds a strong position in India’s entry sedan segment and enjoys a preferred brand status among personal buyers. ...

TBB BUREAU BHUBANESWAR, SEPT 06, 2022 Union Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Piyush Goyal on Tuesday said that India today provides the best investment opportunity to the investors across the world, while calling upon investors in the US to avail the opportunities that India offers. He said this while addressing the US ...

TBB BUREAU NEW DELHI, SEPT 06, 2022 Following recommendation of the 15th Finance Commission, the Union Finance Ministry on Tuesday released the sixth monthly instalment of Post Devolution Revenue Deficit (PDRD) grant of Rs 7,183.42 crore to 14 states. The Commission has recommended a total PDRD grant of Rs 86,201 crore to 14 states for 2022-23., which is released by ...

TBB BUREAU BHUBANESWAR, SEPT 06, 2022 Vedanta Aluminium, India’s largest producer of aluminium, on Tuesday said that its Aluminium Smelter-I at Jharsuguda in Odisha has emerged as a national benchmark in water efficiency amongst aluminium smelters in India. The smelter has substantially reduced its Specific Water Consumption (water consumed per unit of metal produced) by around 11per cent in the ...

TBB BUREAU RANCHI, SEPT 06, 2022 Swayamsiddha Ladies Club of NTPC Coal Mining Headquarters in Ranchi on Teachers’ Day felicitated the teachers of one of the oldest schools of Ranchi, St. Michael Blind School, residential school for children with visual impairment. On this occasion, Mahua Mazumder, President, Swayamsiddha Ladies Club conveyed good wishes to the teachers on the occasion of ...

TBB BUREAU BHUBANESWAR, SEPT 06, 2022 Motilal Oswal Financial Services Limited (MOFSL) on Tuesday announced the launch of ‘RESEARCH 360’, a first-of-its-kind financial market research & analysis platform. This unique platform will act as a one-stop destination for the investors and traders to perform detailed fundamental and technical research which will help in taking prudent investment or trading decisions in ...

TBB BUREAU MUMBAI, SEPT 06, 2022 Reliance Industries Ltd (RIL) has signed definitive agreements to acquire a majority stake in the US-based SenseHawk Inc for $32 million. In a regulatory filing late Monday, Reliance Industries said it has inked an agreement to acquire majority stake in SenseHawk for $32 million including funding for future growth, commercial rollout of products, and ...

TBB BUREAU BHUBANESWAR, SEPT 06, 2022 Kotak Mahindra Asset Management Company Ltd on Tuesday announced the launch of Kotak Business Cycle Fund, an open-ended scheme following business cycles based investing theme that would invest in stocks and sectors of the companies that can navigate through economic cycles. The scheme opens for public subscription on 7th September, 2022 and closes on ...

TBB BUREAU BHUBANESWAR, SEPT 05, 2022 Future Generali India Insurance Company Limited (FGII) has launched a comprehensive health insurance product – FG Health Absolute, designed towards empowering customers to actively manage their health and leading a healthy lifestyle. FG Health Absolute comes with a host of wellness benefits provided as a part of the product. The policy helps customers access ...

TBB BUREAU NEW DELHI, SEPT 05, 2022   India’s largest integrated power producer NTPC Ltd has successfully acquired Jhabua Power Limited (JPL) through Corporate Insolvency Resolution Process initiated by National Company Law Tribunal (NCLT), Kolkata. This is the first acquisition of a power asset by NTPC through NCLT route, a step forward in accomplishing NTPC’s long-term capacity targets. Shareholders Agreement ...

TBB BUREAU NEW DELHI, SEPT 05, 2022 India’s overall coal production increased by 8.27 per cent to 58.33 Million Ton (MT) from 53.88 MT during August, 2022 as compared to August 2021. As per the provisional statistics of the Ministry of Coal, during August 2022, Coal India Ltd (CIL) and captive mines/ others registered a growth of 8.49 and 27.06 ...

TBB BUREAU BHUBANESWAR, SEPT 05, 2022 India’s largest telecom operator Reliance Jio has completed six years of commercial commencement of its services on September 5, 2022. In these six years, the telecom industry witnessed massive transformation and registered over 100 times increase in average per capita data consumption per month. According to data published by Telecom Regulatory Authority of India ...

TBB BUREAU NEW DELHI, SEPT 05, 2022 One of the India’s leading Insurtech startup, InsuranceDekho, has recently expanded its product portfolio by offering ‘Travel Insurance’ on its online platform. It has partnered with HDFC Ergo, Reliance General, Care, ICICI Lombard and Bajaj Allianz to offer the travel insurance products and is in the process of tying up with other insurers. ...

TBB BUREAU NEW DELHI, SEPT 05, 2022 The operating margin of domestic primary steelmakers is estimated to fall to 14-16% in the first half of this fiscal, compared with a decadal high 30% for the whole of last fiscal, due to high input costs, lower realisations and imposition of export duty on finished steel products, among other reasons, says a ...

TBB BUREAU BHUBANESWAR, SEPT 05, 2022 Shyam Steel, one of the leading producers and manufacturers of primary TMT bars, on Monday announced major plan to expand its retail operations across North India and the NCR region. The company plans to undertake investments of around Rs 2500 crore in brownfield and greenfield projects to expand its production capacity. North India has ...

TBB BUREAU BHUBANESWAR, SEPT 04, 2022 As it turns six, Reliance Jio is yet again set to lead India’s next digital transition – from 4G to 5G. Reliance Jio’s launch of True 4G services on September 5, 2016, drove India’s digitalisation in a great way, improving ease of living for millions and creating hundreds of billions of dollars of wealth. ...

TBB BUREAU BHUBANESWAR, SEPT 04, 2022 TPCODL-Skill Development Centre (SDC) is an endeavour of TP Central Odisha Distribution Limited (TPCODL) to ensure skill development, technical training and exposure to new practices in the power distribution sector. The company inaugurated its first such training centre in Bhubaneswar recently for its employees working under Bhubaneswar 1 Electricity Circle. TPCODL plans to open ...

TBB BUREAU RANCHI, SEPT 02, 2022 NTPC Ltd, India’s largest integrated energy producer, continues to demonstrate excellence in operations with an increasing trend in coal production from its captive mines. NTPC has produced 7.36 MMT of coal as per data available on  August 31, 2022 registering a robust growth of 62 per cent compared to 4.55 MMT achieved during the ...

TBB BUREAU NEW DELHI, SEPT 02, 2022 Indian conglomerate Vedanta Limited​ ​announced its support for distance running as it  inked a five-year deal as the title sponsor for the world’s prestigious Delhi Half Marathon, promoted by Procam International. The World Athletics Elite Label Race will now be known as Vedanta Delhi Half Marathon. Along with this, the natural resources major will ...

TBB BUREAU MUMBAI, SEPT 02, 2022 Performax, a high-performance & technologically advanced activewear brand from Reliance Retail’s fashion and lifestyle portfolio has signed cricket star and India’s top bowler, Jasprit Bumrah as its brand ambassador. Performax is a home-grown brand which is proudly Indian and aspires to become the 1st Indian sportswear brand of global recognition. Both Jasprit Bumrah and ...

TBB BUREAU SAMBALPUR, SEPT 02, 2022 Coal India Limited (CIL)’s skill development programme for the local youth in Sundargarh, Jharsuguda and Angul districts of Odisha has turned out to be a boon in disguise. The youth, after successful training, have been bagging jobs. Eighty two of the 115 youth trained by CIL so far, have joined reputed companies like Amara ...

TBB BUREAU NEW DELHI, SEPT 02, 2022 Steel Authority of India Limited (SAIL) has supplied the entire specialty DMR grade steel for the nation’s first indigenously built aircraft carrier INS Vikrant, which was commissioned by Prime Minister Narendra Modi at the Cochin Shipyard in Kerala today. In a major feat and towards building an ‘Atmanirbhar Bharat’, SAIL has supplied about ...

TBB BUREAU LANJIGARH, SEPT 02, 2022 India’s premier producer of metallurgical grade alumina, Vedanta Limited – Lanjigarh, has bagged a trio of awards for its initiatives in environment, healthcare, and education. The company bagged the first prize for ‘Environmental Protection’ at the 22nd Greentech Environment Awards-2022, and also stood first with its impactful initiatives in ‘Promotion of Healthcare’ and ‘Promotion ...

TBB BUREAU BHUBANESWAR, SEPT 1, 2022 The Institute of Company Secretaries of India (ICSI) on Thursday launched its new syllabus for the academic years starting from 2023 under the New Education Policy, ICSI President Devendra V Deshpande announced. The new syllabus would be effective from 2023 onwards. ICSI has factored in over 5000 feedbacks and suggestions from the general public ...

TBB BUREAU ROURKELA, SEPT 1, 2022               Continuing its record breaking spree, Silicon Steel Mill of SAIL-run Rourkela Steel Plant (RSP) has registered a new record in monthly production by rolling 7,525 tonnes of saleable steel in August 2022. This is the highest saleable steel production of the unit. The previous best of 7,505 tonnes was achieved in May 2008. ...

TBB BUREAU CHENNAI, SEPT 01, 2022 Ashok Leyland, the flagship brand of the Hinduja Group, the fourth largest bus manufacturer in the world and a transnational transportation and mobility solutions leader, today announced bagging orders from major fleets for 1,400 school buses in UAE- the company’s largest ever supply of school buses in UAE. The 55-seater Falcon bus and 32-seater ...

TBB BUREAU HOSUR, SEPT 01, 2022     TVS Motor Company registered a growth of 15% in August 2022 with sales of 333,787 units as against 290,694 units in the corresponding month in the year 2021.  Total two-wheelers registered a growth of 15% in August 2022 with sales increasing from 274,313 units in August 2021 to 315,539 units in August 2022.  Domestic ...

TBB BUREAU NEW DELHI, SEPT 01, 2022 The Unified Payments Interface (UPI) registered a record 657 crore transactions worth Rs 10.72 lakh crore in August 2022, the National Payments Corporation of India (NPCI) data showed on Thursday. The year-on-year (YoY) growth in UPI volumes is up almost 100 per cent and amounts transacted grew by 75 per cent YoY in ...

Priyadarshi Nanu Pany Just think how easy it would be for us if we could just approve a pre-filled Income Tax (IT) returns form. An auto-generated tax return means a break from the drudgery of filling in details! Can we make this possible? Yes, if the governments have a master data repository of citizens’ data. Or a golden records database ...

TBB BUREAU NEW DELHI, SEPT 01, 2022             Riding on rising demand, higher rates, and greater compliance, India’s tax collection from the sale of goods and services increased by 28 per cent to Rs 1.43 lakh crore in August 2022.            The GST collection remained above the Rs 1.4-lakh-crore mark for the sixth straight month in August and the ensuing ...