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Odisha CM invites industries to invest ahead of ‘Make In Odisha’ Conclave

TBB BUREAU NEW DELHI, AUG 31, 2022 Addressing the Investors’ meet and curtain raiser for the ‘Make in Odisha’ Conclave in the national capital on Wednesday, Odisha Chief Minister Naveen Patnaik urged the investors to invest in Odisha. In a continuing effort to be the country’s leading investment destination, the Odisha Government, in collaboration with the Federation of Indian Chambers ...

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NTPC gets shareholders’ nod to raise up to Rs 12K Cr via NCD

TBB BUREAU NEW DELHI, AUG 31, 2022 India’s largest energy conglomerate NTPC Ltd has got shareholders’ approval to raise up to Rs 12,000 crore through issuance of non-convertible debentures (NCD) on private placement basis. A resolution to this effect was passed with requisite majority in the annual general meeting of the company held on Tuesday. The funds to be raised ...

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Vedanta Aluminium pledges to strengthen grassroots sporting culture

TBB BUREAU JHARSUGUDA/LANJIGARH, AUG 30, 2022 On National Sports Day, Vedanta Aluminium pledged to strengthen grassroots sporting culture with the participation of young talent from local communities in and around its areas of operations. In pursuit of this aim, Vedanta Aluminium has been actively supporting several sports formats, events and training programs in Jharsuguda, Lanjigarh and nearby areas. Sports being ...

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TPCODL partners with Anyline for accurate spot billing through OCR

TBB BUREAU BHUBANESWAR, AUG 30, 2022 Tata Power Central Odisha Distribution Limited (TPCODL) announced partnership with Anyline, a global leader in mobile data capture and artificial intelligence, to reduce non-technical losses and support spot billing processes for field workers and customers. This industry-first innovation marks the first use of optical character recognition (OCR) for meter reading by TPCODL and is ...

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Union AMC’s Union Retirement Fund NFO opens on Sept 1

TBB BUREAU MUMBAI, AUG 30, 2022 The Union Asset Management Company Private Limited has launched an open-ended Union Retirement Fund, with a lock-in of five years or till the retirement age, whichever comes first. The new fund offer (NFO) will open on September 1, 2022, and close on September 15, 2022. The minimum investment is Rs. 1,000 and thereafter, in ...

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Jindal Stainless wins ‘Emerging Steel Company of the Year’ Award

TBB BUREAU MUMBAI, AUG 29, 2022 Jindal Stainless won the ‘Emerging Steel Company of the Year’ award at the India Steel Conference 2022 and Steel Users Federation of India (SUFI) Steel Awards 2021 organised in association with the Bombay Stock Exchange (BSE). The award was presented to the Company by Principal Chief Commissioner of Customs Mumbai-I, Pramod K Agrawal and ...

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Odisha SLSWCA approves Rs 2005 crore investment in 10 industrial projects

TBB BUREAU BHUBANESWAR, AUG 29, 2022   The State Level Single Window Clearance Authority (SLSWCA) of the Odisha Government on Monday accorded in-principle approval for setting of 10 industrial projects with an investment of Rs 2005.89 crore which would generate employment opportunities for 3,545 people in the state. The proposals under metal and metal downstream, pharmaceutical, chemical, infrastructure, and tourism ...

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Start-ups playing a key role in continued growth of leather industry in India: Union Minister Jitendra Singh

TBB BUREAU MAINPURI (UP), AUG 29, 2022 While calling upon the youth to look for lucrative career in the upcoming leather Start-up ecosystem, Union Minister for Science & Technology Jitendra Singh on Monday said that leather industry in India has exhibited consistency in high export earnings and it is one of the top ten foreign exchange earners for the country. ...

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Jio to invest Rs 2 lakh cr in 5G; pan-India rollout by Dec 2023

TBB BUREAU MUMBAI, AUG 29, 2022 Reliance Jio has earmarked Rs 2 lakh crore investment for 5G network and plans to launch the high-speed services in select cities in the country by Diwali, which falls on October 24, Reliance Industries Ltd. (RIL) Chairman Mukesh Ambani said on Monday. Speaking at RIL’s 45th annual general meeting, Ambani said Jio would roll ...

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Meta, Jio Platforms collaborate to launch JioMart on WhatsApp

TBB BUREAU MUMBAI, AUG 29, 2022 Meta and Jio Platforms on Monday announced the launch of the first-ever end-to-end shopping experience on WhatsApp, where consumers can shop from JioMart right within their WhatsApp chat. A global first, JioMart on WhatsApp will enable users in India, including those who have never shopped online before, to seamlessly browse through JioMart’s entire grocery ...

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adidas Originals launches its biggest brand campaign starring Bollywood superstar Ranveer Singh

TBB BUREAU MUMBAI, AUG 29, 2022 adidas Originals, the pioneering sportswear brand for the streets, teams up with Bollywood superstar and Brand Ambassador, Ranveer Singh to launch its biggest brand campaign of the year. Christened, ‘made Originals’, the campaign proudly reflects on the past by paying homage to some of the most iconic and celebrated sneaker silhouettes: Superstar, Stan Smith, ...

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BSV launches IVF awareness drive for IVF treatments financial options

TBB BUREAU MUMBAI, AUG 29, 2022 Realizing the financial burden in IVF treatment as a concern for aspiring parents, Bharat Serums and Vaccines (BSV) launched a program BSVwithU to support couples to realize their dream of parenthood. Under this initiative BSVwithU facilitates interest free loans and free counselling to aspiring parents considering IVF treatments. Their services are available across 100 ...

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PGIM India Mutual Fund launches Money And Me website

TBB BUREAU MUMBAI, AUG 29, 2022 PGIM India Mutual Fund on Monday announced the launch of a new investor education and awareness website: MoneyAndMe which contains exhaustive content on various aspects of personal finance including household budgeting, protection, savings and investing. The company also announced the launch of a consumer awareness campaign – ‘Aapka HappinessPlanned’ to promote the MoneyAndMe Initiative. ...

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We need to take agricultural growth rate to 22pc: Gadkari

TBB BUREAU NEW DELHI, AUGUST 27, 2022 “We need to take our agricultural growth rate to at least 22%. Then we will have Aatma Nirbhar villages, smart villages. This will thus benefit villages, farmers and the poor; new jobs, schools, hospitals, agro-based industries and irrigation facilities will come up in rural areas, transforming our villages,” said Union Minister for Road ...

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‘Waste to Wealth’ emerging as a new avenue for StartUp in India: Union Minister Jitendra Singh

TBB BUREAU NEW DELHI, AUGUST 27, 2022  “Waste to Wealth” is emerging as a new avenue for StartUp in India, said Union Minister Jitendra Singh in Jammu today. Addressing National Seminar on “Waste to Wealth” organised under “Ek Kaam Desh ke Naam” programme, Singh reiterated Prime Minister Narendra Modi’s reference to Amrit Kaal and said next 25 years would see ...

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OP Jindal School Prefects honoured at Investiture Ceremony 2022-23

TBB BUREAU ANGUL, AUGUST 27, 2022 OP Jindal School, Angul conducted the Investiture Ceremony of the senior and junior wings of the school conferring Student Council positions and presenting badges and sashes to the elected representatives. Conveying his best wishes to the newly elected members of the School Council, Jindal Steel & Power (JSP) Executive Director Damodar Mittal encouraged them ...

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MCL showcases environment-friendly FMC project at ProPack Odisha

TBB BUREAU SAMBALPUR/BHUBANESWAR, AUGUST 27, 2022         An exhibit on environment-friendly silo rapid loading system (RLS) for speedy transportation of coal under Union Government’s First Mile Connectivity (FMC) initiative by Mahanadi Coalfields Limited (MCL) is a major industrial attraction at Propack Odisha 2022 organised by Odisha Assembly of Small and Medium Enterprises (OASME) in Bhubaneswar. Besides showcasing its achievements in ...

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AG&P Pratham launches its 201st CNG station

TBB BUREAU NEW DELHI, AUGUST 27, 2022 AG&P City Gas, one of the largest private energy players in India, operating under the brand name AG&P Pratham launched its 201st Compressed Natural Gas (CNG) station and 4th LCNG station in Hebbal, Mysuru. AG&P Pratham has developed about 150 CNG stations in the last 7 months, at a pace of almost five ...

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Cygni Energy raises USD 12.5 mn to power growth & expansion

TBB BUREAU HYDERABAD, AUGUST 27, 2022 Hyderabad-based Cygni Energy Private Limited, a leading technology-led energy storage company announced that it has raised funds of USD $12.5 Million (Rs. 100 crore) through a combination of Equity and Debt to fuel product development, business growth, grow the engineering division to fast-track the product development cycle and set up a new greenfield manufacturing ...

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Tata Steel to set up Rs 2,600 crore plant in Ludhiana

TBB BUREAU CHANDIGARH, AUG 26, 2022 In a bid to give further fillip to industrial development in the state, Punjab Chief Minister Bhagwant Mann on Friday handed over the land allotment letter to Tata group for setting up its scrap-based steel plant at an investment of Rs 2,600 crore in first phase in Ludhiana. “We are committed for making Punjab ...

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MCL to contribute in rural development under CSR

TBB BUREAU SAMBALPUR, AUGUST 26, 2022       In a major boost to the transportation infrastructure in the Jharsuguda district, Mahanadi Coalfields Limited (MCL) under its CSR initiatives is set to develop roads in rural areas. In this regard, MCL has taken up the project for construction of Bituminous Road from village Godhan to Bhoipali (Bhoipada) at Barpali village in Jharsuguda ...

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Krishna Kumar Singh assumes charge as SAIL’s Director Personnel

TBB BUREAU NEW DELHI, AUGUST 26, 2022   Krishna Kumar Singh took charge as Director (Personnel) of Steel Authority of India Limited (SAIL) on Thursday.   Singh who did his graduation in Electrical Engineering from IIT, BHU and holds PG Diploma in Human Resource Management, joined SAIL in 1987 in the Company’s Bhilai Steel Plant as Management Trainee (Technical). Rising ...

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Sports & Fitness Week celebration at ABPS Bhubaneswar

TBB BUREAU BHUBANESWAR, AUGUST 26, 2022 In a bid to encourage the students to instill physical activity and sports in their daily routine, the Aditya Birla Public School (ABPS) Bhubaneswar recently launched a plethora of activities on the theme “Hum Fit Toh India Fit” under the guidance of Principal LN Dash. The objective of the programme was to try to ...

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CSM Tech listed as participant on UN Climate Neutral Now initiative

TBB BUREAU BHUBANESWAR, AUGUST 26, 2022 The United Nations Framework on Climate Change (UNFCC) secretariat has enrolled CSM Tech as a participant in its Climate Neutral Now initiative. Climate Neutral Now was launched in 2015 with the goal of encouraging and supporting all levels of society to take climate action to achieve a climate neutral (net zero) world by midcentury, ...

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AAI, LUFTFARTSVERKET ink pact to facilitate smart & sustainable aviation technology collaboration

TBB NUREAU NEW DELHI, AUGUST 26, 2022 Airports Authority of India (AAI) and LFV Air Navigation Services of Sweden (LUFTFARTSVERKET) on Friday signed a Memorandum of Understanding (MoU) at the Corporate Headquarters of AAI here to to facilitate smart and sustainable aviation technology collaboration. The MoU was signed by M. Suresh, Member (Air Navigation Services), AAI and Magnus Corell, Deputy ...

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Benefits of group life insurance for companies

TBB BUREAU BHUBANESWAR, AUGUST 26, 2022 Out of the many factors that contribute to the performance of a successful company, its workers and their happiness are perhaps the most significant ones. Workplaces will always have a productive environment as long as people are happy with their jobs and employers.  Employee satisfaction is influenced by a wide range of elements, such ...

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Tata Steel – Strong Foundation, Growing Responsibly

TBB BUREAU BHUBANESWAR, AUGUST 26, 2022 When J N Tata visited Manchester in 1867, he attended a lecture by Thomas Carlyle where Carlyle said, “The nation which gains control of iron, soon acquires control of gold”. This statement had a profound effect on J N Tata who consequently decided to set up a steel mill in India. However, the mining terms offered ...

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JK Tyre expands retail presence in Odisha

TBB BUREAU BHUBANESWAR, AUGUST 26, 2022 Indian tyre industry major and market leader in radial tyre segment, JK Tyre & Industries Ltd on Thursday inaugurated a unique first brand shop offering “One Stop Solution” to Commercial Vehicles (CV), Passenger Vehicles (PV) and Farm Segment, in Cuttack, thereby further expanding their last mile presence in Odisha. The one-stop solution brand shop ...

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HCL Technologies honored with 15 Brandon Hall Group Awards for 2022

TBB BUREAU NOIDA, AUGUST 25, 2022 HCL Technologies (HCL) has been recognized with nine gold, three silver and three bronze HCM Excellence Awards across multiple categories for its industry-leading employee programs. The recognition underscores HCL’s strategic objective of being an employer of choice in professional services across all key geographies it is present.  “What truly distinguishes HCL is its culture ...

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JSP Foundation provides inverter to Kosala CHC for safekeeping of vaccines

TBB BUREAU ANGUL, AUGUST 25, 2022 As a responsible partner of Angul District Health Administration, JSP Foundation on Thursday provided a 5.5KVA, 48V inverter and 230AH 4 batteries for the safekeeping of various vaccines at Kosala Community Health Centre (CHC) during power cuts. The Inverter will maintain the quality immunisation programme and cold chain maintenance in the ILR Point. Chhendipada ...

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HMSI enters festive season with new Shine Celebration edition

TBB BUREAU NEW DELHI, AUGUST 25, 2022          Ever since its introduction, Honda Shine has ruled the 125cc executive segment with its unmatched quality and performance. Delighting customers yet again in a new avatar, Honda Motorcycle & Scooter India Ltd (HMSI)  on Thursday launched the new Shine Celebration edition. One of the most appealing executive motorcycle, brand Shine, ever since ...

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RSP wins coveted Greentech Awards

TBB BUREAU ROURKELA, AUGUST 25, 2022 SAIL-run Rourkela Steel Plant (RSP) has been conferred with Greentech Environment Award-2022 and Greentech Export Award-2022 for its outstanding performance in the respective areas. On behalf of RSP, CGM (New Plate Mill) Pinaki Choudhury, GM In-charge (Oxygen Plant) Asha Kartha and GM In charge (Environment Engineering) PK Das received the awards in a glittering ...

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TCS to launch research & innovation hub to digitally transform CPG companies

TBB BUREAU MUMBAI, AUGUST25, 2022 Tata Consultancy Services (TCS) announced that it is launching an advanced research and innovation hub in Hyderabad, for incubating digital solutions for Consumer Packaged and Goods (CPG) companies, using SAP solutions. The TCS CPG Innovation Hub will address industry-specific use cases around Industry 4.0 and the digital supply chain, catering to the needs of clients ...

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SWA Diamonds bags Swadesh National Award

TBB BUREAU NEW DELHI, AUGUST 25, 2022 SWA Diamonds, Kerala-based ornament manufacturer has bagged national award for its Guinness world record winning ring named ‘The Touch of Ami’ with 24,679 diamonds set in it. SWA Diamonds, represented by its Managing Directors in the event, received ‘Makers of India’ award from Aswhini Kumar Choubey, Union Minister of State for Consumer Affairs, ...

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ExxonMobil showcases innovation in new-age fluid and digital reliability solutions at MMMM 2022

TBB BUREAU NEW DELHI, AUGUST 25, 2022 ExxonMobil, a global leader in lubrication technology innovation, is showcasing itscomplete range of new-age fluid and digital reliability solutions at the Minerals, Metals, Metallurgy and Materials (MMMM) Exhibition 2022. ExxonMobil is participating in the event and featuring its full range of Mobil™ branded lubricants, services, and digital solutions, specific to the steel sector. ...

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Registration open for 19th edition of Tata Crucible Corporate Quiz

TBB BUREAU BHUBANESWAR, AUGUST 25, 2022          TheTata Crucible Corporate Quiz, India’s most awaited business quiz is back. A knowledge initiative by the Tata Group, Tata Crucible provides a platform for young quizzing enthusiasts from the corporate world to showcase their talent. Celebrating 75 years of Independence, this edition of Tata Crucible will quiz intelligent minds on events that shaped ...

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Luxury Meets Power: The BMW X7 40i M Sport 50 Jahre M Edition

TBB BUREAU GURUGRAM, AUGUST 25, 2022 Celebrating the 50th anniversary of the iconic BMW M GmbH, BMW India has launched an exclusive ‘50 Jahre M Edition’ of the X7 40i M Sport in India today. Locally produced at BMW Group Plant Chennai, the exclusive edition comes in a petrol variant. This bespoke model can be booked online from today onwards. ...

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Bank of Baroda launches bob World Yoddha Debit Card for Armed Forces

TBB BUREAU NEW DELHI, AUGUST 24, 2022        Bank of Baroda on Wednesday announced the launch of the bob World Yoddha Debit Card on the RuPay platform, especially for the Indian Armed Forces. As India marks 75 years of Independence, the premium and feature-rich RuPay Select Debit Card is a special offering, designed to meet the needs of the country’s ...

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TVS to acquire 48pc stake in two-wheeler startup DriveX for Rs 85 cr

TBB BBUREAU CHENNAI, AUGUST 24, 2022 TVS Motor Company, one of the leading manufacturers of two-wheelers and three-wheelers globally said on Wednesday that it has acquired 48.27 per cent stake in Narain Karthikeyan’s start-up “DriveX” (NKars Mobility Millennial Solutions Private Limited), a pre-owned two-wheeler platform, for about Rs 85.41 crore. TVS Motor sees a strong potential in the pre-owned two-wheeler ...

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Amaze launches new range of state-of-the-art technology inverters

TBB BBUREAU BHUBANESWAR, AUGUST 24, 2022           Amaze, the fastest growing brand in the power segment, announced the launch of new range of state-of-the-arttechnology inverters which which consume less power and charge the battery in less time even at low voltage. The new range of inverters was launched in Kolkata in the presence of distributors from West Bengal, Bihar, Jharkhand, ...

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Spice Money strengthens leadership team with two new appointments

TBB BBUREAU MUMBAI, AUGUST 24, 2022 India’s leading rural FinTech Spice Money which is gearing up to achieve its goal of becoming the country’s largest rural FinTech player by further reinforcing its leadership team, has elevated two of its senior leaders into executive roles. Kuldeep Pawar, who was previously the Head of Marketing, has been promoted to Chief Marketing Officer, ...

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Honda Motorcycle & Scooter India installs third Wind Turbine System in Karnataka

TBB BUREAU BENGALURU, AUGUST 24, 2022            Continuing its endeavours towards reducing dependence on non-renewable resources by leveraging clean energy systems (wind & solar), Honda Motorcycle & Scooter Indiainaugurated its third wind turbine system at Jagalur in Davanagere district of Karnataka, around 300kms from the company’s third plant in Narsapura. Standing tall at 130m, the 2.7 MW wind turbine will ...

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Odisha CM opens ICICI Bank’s state-of-the-art phone banking centre in Bhubaneswar

TBB BUREAU BHUBANESWAR, AUGUST 23, 2022 Odisha Chief Minister Naveen Patnaik on Tuesday inaugurated the ICICI Bank’s state-of-the-art phone banking centre in the State Capital. Powered by Artificial Intelligence (AI) and robotics, the centre is well equipped to serve the Bank’s retail, business and corporate customers across the country. It also facilitates customers in account opening through Video KYC. The ...

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Air India reinstates the warm & hospitable ‘Maharaja Namaste’

TBB BUREAU MUMBAI, AUGUST 23, 2022 While the world rediscovered ‘Namaste’ during the Covid-19 pandemic, to Indians, it resonates at a spiritual level as it appeals to the core value system of Air India. ‘Namaste’ rekindles fond childhood memories as it perhaps is one of the first life lessons that our parents teach us as a mark of showing respect ...

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JSW distributes relief packages in flood-hit areas of Jagatsinghpur Dist

TBB BUREAU JAGATSINGHPUR, AUGUST 23, 2022 In the wake of the recent flood in Jagatsinghpur district, JSW Foundation and district administration distributed special relief packages in the flood-affected areas. Recently, coastal belts of Odisha received an unprecedented monsoon rainfall causing the Mahanadi River basin to flood. Some villages of Jagatsinghpur district have been submerged in the flood water. Particularly, Kujang ...

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HCL Technologies wins National CSR Award for its urban poverty alleviation program

TBB BUREAU BHUBANESWAR, AUGUST 23, 2022 HCL Technologies (HCL) has won the prestigious National CSR Award 2020 instituted by Union Ministry of Corporate Affairs. The award recognizes the path-breaking work by the HCL Foundation, the corporate social responsibility (CSR) arm of HCL Technologies, toward equitable and sustainable development of communities living below the poverty line in urban slums. HCL Foundation’s ...

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IndusInd Bank launches Digital Banking Units to commemorate 75th Year of Independence

TBB BUREAU MUMBAI, AUGUST 23, 2022 IndusInd Bank has launched two Digital Banking Units (DBUs) at Jalandhar (Punjab), and Chengalpattu (Tamil Nadu) to commemorate the 75th Year of India’s Independence. This announcement is in line with the recent Digital Banking Unit advisory, to accelerate and widen the reach of digital banking services in the country. The DBUs will offer a ...

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MCL to improve coal grade conformity

TBB BUREAU SAMBALPUR, AUGUST 23, 2022 With an aim to improve coal grade conformity, Mahanadi Coalfields Limited (MCL) organized a coordination meeting at company headquarters, here today under the chairmanship of General Manager (Quality Control) RK Raju. The meeting was attended by the Quality managers of all coal producing areas of MCL. The Quality Control team of MCL discussed various ...

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Centurion University to host participants of Smart India Hackathon-2022

TBB BUREAU BHUBANESWAR, AUGUST 23, 2022 As part of Azadi ka Amrit Mahotsav celebrations, the Ministry of Education’s Innovation Cell and All India Council for Technical Education has identified 75 higher educational institutes/incubators, including Odisha’s Centurion University of Technology and Management, as Smart India Hackathon nodal centers to host the participants of SIH and facilitate an environment to conduct the ...

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NHPC, BEL sign MoU to set up solar equipment manufacturing facility

TBB BUREAU NEW DELHI, AUGUST 23, 2022 State-owned hydro power giant NHPC on Tuesday signed a memorandum of understanding (MoU) with Bharat Electronics Ltd (BEL) to set up a large capacity solar equipment manufacturing facility. “A Memorandum of Understanding (MoU) has been signed between NHPC and BEL…for setting up of gigawatt scale vertically integrated solar manufacturing unit,” a BSE filing ...

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