TBB BUREAU ANGUL, JULY 23, 2022 The OP Jindal School, Angul has achieved another milestone in academic excellence. The students of the school have secured exemplary scores in the CBSE Class X and XII (Science and Commerce) Board Examinations, the results of which were declared on Friday. The toppers from Class XII Science stream are Sohum Sahoo (98.20 percent), Shruti ...
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Reliance Retail’s robust infrastructure helps business register strong growth
TBB BUREAU MUMBAI/BHUBANESWAR, JULY 23, 2022 Despite cautious sentiments due to inflation-led strong macroeconomic headwinds, Reliance Retail delivered strong growth during the quarter on the back of its robust supply chain infrastructure, efficient sourcing and unmatched customer experience. The business continued to strengthen its infrastructure and consumer proposition by building new warehousing facilities, expanding the store network as well as ...
Read More »Aashirvaad Salt’s ‘Chutki Bhar Aashirvaad’ campaign refreshes spirit of devotees at Puri Rath Yatra
TBB BUREAU BHUBANESWAR, JULY 23, 2022 ITC’s Aashirvaad Salt, acclaimed for its high quality solar evaporated iodized salt and high standards of hygiene, celebrated and participated in Odisha’s largest annual festival, Puri Rath Yatra. Thoughtfully crafted to make a meaningful impact, the ‘Chutki Bhar Aashirvaad’ campaign was activated to ensure that all pilgrims stay hydrated and energized through the scorching ...
Read More »64pc of bank employees suffer from Musculoskeletal Disorders: Godrej Interio Study
TBB BUREAU BHUBANESWAR, JULY 21, 2022 Godrej & Boyce, the flagship company of the Godrej Group, announced that its business Godrej Interio, India’s leading furniture solutions brand, in home and institutional segments, has revealed findings from their exclusive study ‘Wellbeing at Work in the Banking Sector’. The study revealed that employees of banks spend long periods of time on screens, ...
Read More »Odisha Govt, IFC ink pact for Asset Monetization & Recyling Program
TBB BUREAU BHUBANESWAR, JULY 21, 2022 The Industries Department of the Odisha Government and International Finance Corporation (IFC), a member of the World Bank Group on Thursday signed an MoU to support in implementation of the Asset Monetization & Recyling Program (AMRP) for the state. This program is a part of a wider World Bank Group Technical Assistance to support ...
Read More »Odisha Secretariat ASOs visit Vedanta Jharsuguda plant
TBB BUREAU JHARSUGUDA, JULY 21, 2022 As many as 45 Assistant Section Officers (ASOs) of Odisha Secretariat were taken on a one-day visit to Vedanta Aluminium’s Jharsuguda Unit as part of their induction programme. The visit included an interaction with the senior management, followed by a plant visit within the Company’s aluminium smelter complex, to understand the workings of one ...
Read More »Reliance Brands partners Italian firm Maison Valentino
TBB BUREAU MUMBAI, JULY 21, 2022 RELIANCE BRANDS LIMITED (RBL) has inked a long-term distribution agreement with Valentino to bring to India the most established Italian Maison de Couture. Through this long-term partnership, RELIANCE BRANDS LIMITED (RBL) will partner with Valentino to open its first boutique in Delhi, followed by a flagship store in Mumbai. The first store is due ...
Read More »Loyola School wins CSM Synapse Quiz
TBB BUREAU BHUBANESWAR, JULY 21, 2022 Loyola School bagged the coveted winner’s title at CSM Synapse Quiz, while Mother’s Public School and Sai International School finished as the first and second runners-up in CSM Synapse, a keenly contested quiz challenge. Synapse, the biggest School Quiz in Bhubaneswar, was organized by CSM Technologies in association with Quizcraft Global and Business Standard ...
Read More »BoB felicitates citizen path breakers on its 115th Foundation Day
TBB BUREAU MUMBAI, JULY 20, 2022 On the occasion of its 115th Foundation Day on Wednesday, Bank of Baroda (BoB) conferred the ‘Baroda Sun Achievement Awards 2022’ to five inspirational individuals/companies who have made significant contributions in their respective fields, had a substantial impact on society and inspired others through their journey. The ‘Baroda Sun Achievement Awards 2022’ were presented ...
Read More »ICSI Bhubaneswar Chapter organises CS Trainee placement drive
TBB BUREAU BHUBANESWAR, JULY 20, 2022 The Bhubaneswar Chapter of The Institute of Company Secretaries of India (ICSI) on Wednesday organised CS Trainee Placement Drive for its students during the celebration of ICSI Students’ Month 2022. As many as six companies and nine PCS (Practicing Company Secretary) firms attended the programme to select CS management trainees in their respective organizations. ...
Read More »NTPC inks MoU with Moroccan Agency for Sustainable Energy for cooperation in renewable energy sector
TBB BUREAU NEW DELHI, JULY 20, 2022 NTPC and Masen (Moroccan Agency for Sustainable Energy) today signed an MoU for cooperation in the renewable energy sector during the 17th CII EXIM conclave on India-Africa growth partnership held in New Delhi from 19th- 20th July 2022. The MoU was signed by Rachid Bayed, Executive Director of Operations and Acting Director of ...
Read More »NHPC, DVC sign pact to set up joint venture firm for hydro power
TBB BUREAU NEW DELHI, JULY 20, 2022 State-owned hydro power giant NHPC on Wednesday said it has inked a pact with Damoder Valley Corporation (DVC) to explore possibility of forming a joint venture firm for setting up hydro power and pump storage projects. The MoU was signed at the NHPC Corporate Office at Faridabad in the presence of AK Singh, ...
Read More »AU Small Finance Bank Q1 net up 32pc YoY to Rs 268 cr
TBB BUREAU MUMBAI, JULY 20, 2022 AU Small Finance Bank’s net profit rose 32 per cent year on year (YoY) to Rs 268 crore in the quarter ended June (Q1FY23), on the back of improvement in its net interest income. The bank had posted a net profit of Rs 203 crore during the same period last year (Q1FY22). Sequentially, its ...
Read More »EPFO adds 16.82 lakh net subscribers in May 2022
TBB BUREAU NEW DELHI, JULY 20, 2022 The provisional payroll data of EPFO shows that EPFO added 16.82 lakh net subscribers in the month of May, 2022. Year-on-year comparison of payroll data shows an increase of 7.62 lakh net subscribers in May, 2022 as compared to the net subscription in the corresponding period in the previous year. Out of the ...
Read More »NALCO employed 633 out of 635 project displaced people of Odisha under rehabilitation package
TBB BUREAU NEW DELHI, JULY 20, 2022 Navratna CPSE National Aluminium Company Ltd (NALCO) has so far given employment to 633 out of the 635 persons who were displaced for various projects of the state-run aluminium major. This was informed by Union Minister for Coal, Mines and Parliamentary Affairs Pralhad Joshi in a written reply in Lok Sabha today. A ...
Read More »Reliance to acquire franchise in South Africa’s T20 cricket league
TBB BUREAU MUMBAI, JULY 20, 2022 Strengthening its growing international footprint in cricket, Reliance Industries Ltd today announced that it would acquire a franchise in Cricket South Africa’s upcoming T20 league. “Based in Cape Town the new franchise would take forward the Mumbai Indians brand and comes close on the heels of acquiring the UAE-based International League T-20 team,” RIL ...
Read More »Tata Steel signs MoU with BHP to explore low carbon iron and steelmaking technology in India
TBB BUREAU MUMBAI, JULY 20, 2022 Tata Steel has signed a Memorandum of Understanding (MoU) with BHP, a leading global resources company, to jointly explore low carbon ‘iron and steelmaking’ technology.Under the partnership, Tata Steel and BHP intend to collaborate on ways to reduce the emission intensity of the blast furnace steel route, via two priority areas – the use ...
Read More »ALLEN Career Institute is to launch NEET (UG) one-year Leader/Repeater Course – Target 2023
TBB BUREAU BENGALURU, JULY 20, 2022 ALLEN Career Institute has taken another step to simplify the learning journey of the aspiring students as they rigorously prepare themselves to crack the most prestigious competitive examinations. ALLEN Career Institute is launching a tailor made course for students who have appeared in class 12th and are aiming for NEET (UG) 2023 from the ...
Read More »Reliance Jio continues to be most preferred digital service provider in Odisha, adds 1.85 lakh new subscribers in May: TRAI Data
TBB BUREAU BHUBANESWAR, JULY 19, 2022 Continuing its excellent march as the most preferred and No. 1 digital service provider in Odisha, Reliance Jio has added over 1.85 lakh new mobile subscribers in the State, in the month of May 2022, as per the telecom subscriber data released by Telecom Regulatory Authority of India (TRAI), today. As per TRAI data, ...
Read More »‘Madame Tussauds’ opens to public in India
TBB BUREAU NOIDA, JULY 19, 2022 Merlin Entertainments, one of the world’s leading visitor attraction operators, today announced its re-entry into the Indian market, with Madame Tussauds India in an all-new avatar at a new location. The Madame Tussauds India attraction opened the gates to fanfare today at DLF Mall at NOIDA. The venue is alight with some of the brand-new ...
Read More »Jindal Steel & Power launches mobile cold drinking water, school bus services at Kasia Iron Mine Region
TBB BUREAU BHUBANESWAR, JULY 19, 2022 As part of its CSR initiative, Jindal Steel & Power (JSP) launched a mobile cold drinking water van and school bus services in the villages around Kasia Iron Mine region today. The services were inaugurated by Kasia Iron Mine Head Ajit Patra in presence of Serenda GP Sarpanch Sasmita Sidhu, Bhadrasahi Sarapanch Pramila, JSP’s ...
Read More »Aakash+BYJU’S launches audiobook ‘Aakash AudiPREP’ for NEET aspirants
TBB BUREAU BHUBANESWAR, JULY 19, 2022 Aakash + BYJU’S today introduced the Aakash AudiPREP, a comprehensive audiobook for NEET aspirants at its Bhubaneswar Center. This web and app-based audiobook contains podcasts of scientifically designed study materials designed by experts for Physics, Chemistry, Botany and Zoology. Available free of cost and in English laguage, it will be incredibly useful for Class ...
Read More »Growing usage of Aluminium in Auto Industry bolsters sustainability & safety
TBB BUREAU NEW DELHI, JULY 18, 2022 Vedanta Aluminium, India’s largest producer of aluminium, makes a case for ‘green’ aluminium at the recently held national webinar by Automotive Component Manufacturers Association (ACMA) of India. With its world class-aluminium smelters, metal expertise, global technology partnerships and deep R&D capabilities, Vedanta Aluminium has been a long-time partner to the auto industry, developing ...
Read More »Union AMC launches Union Gilt Fund
TBB BUREAU BHUBANESWAR, JULY 18, 2022 Union Asset Management Company Pvt Ltd, co-sponsored by Union Bank of India and Dai-ichi Life Holdings, Inc, has announced the launch of Union Gilt Fund. It is an open-ended debt scheme investing a minimum of 80% of its total assets in government securities (across maturities). The New Fund Offer (NFO) of Union Gilt Fund ...
Read More »Union Bank of India launches Union Prerna 2.0 – EmpowerHer
TBB BUREAU MUMBAI, JULY 18, 2022 Union Bank of India today launched an Industry-first, dedicated, women-focused Committee ‘EmpowerHer’ as part of its flagship HR initiative ‘Prerna’. The program aims to promote women’s career trajectory and improve diversity in the bank by navigating through existing biases and challenges. Union Prerna is the HR Transformation initiative of Union Bank of India, aimed ...
Read More »Vedanta likely to bring into operation Jamkhani, Radhikapur (W) coal blocks in Odisha this fiscal
TBB BUREAU NEW DELHI, JULY 17, 2022 With the focus on long-term security of coal, Vedanta Limited hopes to bring into operation Jamkhani and Radhikapur (West) coal blocks in Odisha during the current financial year i.e. FY2022-23. Billionaire Anil Agarwal-led Vedanta bagged the Jamkhani coal block and the Radhikapur West coal block through auctions in 2019 and 2020, respectively. ...
Read More »Tata Steel to invest Rs 8,500 cr in FY23 on India operations
TBB BUREAU NEW DELHI, JULY 17, 2022 Global steel behemoth Tata Steel plans capital expenditure (capex) to the tune of Rs 8,500 crore on its India operations during the current financial year, the company’s Chief Executive Officer T V Narendran said. In India, the focus will be on the Kalinganagar project expansion and mining activity, Narendran, who is also the ...
Read More »Dalmia Bharat Foundation opens DIKSHa Centre at Kolhapur
TBB BUREAU NEW DELHI, JULY 17, 2022 Reinforcing its commitment to India’s next generation workforce on the occasion of World Youth Skills Day, Dalmia Bharat Foundation (DBF) has launched its new DIKSHa (Dalmia Institute of Knowledge and Skill Harnessing) Centre at Kolhapur in Maharashtra. This also marks DBF’s social transformation journey to create opportunities for the nation’s youth and enable ...
Read More »Varmora Granito launches premium sanitary ware, faucets range
TBB BUREAU BHUBANESWAR, JULY 17, 2022 With the motto of “Innovating Happiness”, Varmora Granito Pvt Ltd – one of India’s leading tile, sanitaryware and bathware brand – has launched an exclusive range of premium sanitaryware, faucets, kitchen sink, water heaters and bathware accessories. Over 350 dealers and distributors across the country participated for the national launch and dealer meet organised ...
Read More »Utkal Alumina’s proactive measures to control outbreak of diarrhoea in Tikiri and Kashipur
TBB BUREAU BHUBANESWAR, TIKIRI, JULY 17, 2022 Utkal Alumina International Limited (UAIL), a subsidiary of Hindalco Industries Limited of Aditya Birla Group which is committed towards the health and wellbeing of its periphery villagers, sprang into action as soon as came to know about the outbreak of diarrhoea in Kashipur Block. A responsible corporate, UAIL sent its medical team along ...
Read More »Jindal Steel & Power net profit at Rs 2,771 crore in Q1FY23
TBB BUREAU NEW DELHI, JULY 16, 2022 Riding on higher income, Naveen Jindal-led Jindal Steel and Power (JSP) registered a multifold jump in its consolidated net profit to Rs 2,770.88 crore for the quarter ended June 30, 2022 (Q1FY23), the Company said in a BSE filing on Friday. JSP’s total income in Q1FY23 went up to Rs 13,069.17 crore from ...
Read More »NALCO launches 300 smart classrooms in govt schools across Odisha
TBB BUREAU BHUBANESWAR, JULY 15, 2022 As part of Azadi Ka Amrit Mahotsav, Navaratna CPSE National Aluminium Company Ld. (NALCO) participated in the iconic week celebration of the Union Mines Ministry, by launching 300 smart classrooms in 120 government-run schools. At a function held in hybrid mode, Union Mines Secretary Alok Tandon in presence of NALCO Chairman-cum-Managing Director Sridhar Patra ...
Read More »On World Youth Skills Day, Vedanta Aluminium reaffirms commitment to empowering rural youth
TBB BUREAU NEW DELHI, JULY 15, 2022 On World Youth Skills Day, Vedanta Aluminium reaffirms its commitment to scaling upskill development programs for rural youth, helping them learn employable skills and find livelihood opportunities. Through various skill development initiatives, the company has, till date, helped more than 12,000 youths get trained in solar energy technology, housekeeping, industrial sewing machine operations, ...
Read More »Tata Power Skill Development Institute transforming youth skills to power up India’s green energy transition
TBB BUREAU BHUBANESWAR, JULY 15, 2022 Tata Power Skill Development Institute (TPSDI), a state-of-the-art skill enhancement institute in the power sector, is expanding its training initiatives to equip youth with skills for green energy jobs. To mark the World Youth Skills TPSDI is rolling out skill development courses in Solar Photovoltaic for Electric Vehicle Charging, Installation and Maintenance of Rooftop ...
Read More »India determined to boost cooperation with Shanghai Cooperation Organisation: Union Minister Pandey
TBB BUREAU NEW DELHI, JULY 15, 2022 India is determined to boost cooperation with Shanghai Cooperation Organisation (SCO), said Union Minister for Heavy Industries Dr. Mahendra Nath Pandey, while virtually attending the second meeting of Ministers of Industry of the member states of Shanghai Cooperation Organisation in Uzbekistan. The second meeting of Ministers of Industry of the Shanghai Cooperation Organisation ...
Read More »NHPC signs MoU for development of “Pilot Green Hydrogen Technologies”
TBB BUREAU NEW DELHI, JULY 15, 2022 NHPC on Thursday signed two MoUs for the development of “Pilot Green Hydrogen Technologies” in line with the country’s resolve to reduce the carbon footprint in the Power Sector in Leh and Kargil districts of Union Territory of Ladakh. The MOUs were signed in the presence of RK Mathur, Lieutenant Governor, Union Territory ...
Read More »The first-ever BMW G 310 RR launched in India
TBB BUREAU GURUGRAM, JULY 15, 2022 BMW Motorrad India launched the first-ever BMW G 310 RR in India today. India is the first country to welcome the third and latest member of highly successful BMW 310 model series. The bike is available at BMW Motorrad India dealerships from today onwards. The BMW G 310 RR has been jointly developed by ...
Read More »Xiaomi India elevates COO Muralikrishnan as President
TBB BUREAU BENGALURU, JULY 15, 2022 Xiaomi India, the country’s No.1 smartphone and smart TV brand, on Friday announced the elevation of Muralikrishnan B as President of its India operations, effective from August 1, 2022. In his new role as President of Xiaomi India, Muralikrishnan B will be responsible for day to day operations, services, public affairs, strategic projects and ...
Read More »Aditya Aluminium’s CSR initiatives help resolve water crisis in Rengali area
TBB BUREAU BHUBANESWAR, JULY 14, 2022 Water scarcity is a perennial issue in Rengali Block of Sambalpur District, and shortage of irrigation water poses a grave threat to the agricultural economy of this area, given the erratic rainfall. To provide relief from water scarcity, Aditya Birla Group company Aditya Aluminium has come forward to restore water bodies and conserve runoff ...
Read More »Valid prescription must now to buy Ayurvedic, Siddha and Unani drugs through e-commerce platforms
TBB BUREAU NEW DELHI, JULY 14, 2022 The Centre on thursday directed e-commerce platforms to sell Ayurvedic, Siddha and Unani drugs only after a valid prescription of a registered Ayurveda, Siddha or Unani practitioner. According to an advisory issued by the Central Consumer Protection Authority (CCPA) concerning the sale of Ayurvedic, Siddha and Unani drugs containing ingredients listed in Schedule ...
Read More »India’s overall exports grow by 23pc in June
TBB BUREAU NEW DELHI, JULY 14, 2022 India’s overall exports (Merchandise and Services combined) in June 2022 was USD 64.91 Billion, exhibiting a positive growth of 22.95 per cent over the same period last year. The overall exports (Merchandise and Services combined) in the 1st quarter of FY 22-23 (April-June 2022) was USD 189.93 billion, registering positive growth of 25.16 ...
Read More »Quantum Mutual Fund launches ‘Quantum Nifty 50 ETF Fund of Fund’
TBB BUREAU BHUBANESWAR, JULY 14, 2022 Quantum Mutual Fund launches Quantum Nifty 50 ETF Fund of Fund – An open-ended fund of fund scheme investing in units of Quantum Nifty 50 ETF. Quantum Nifty 50 ETF FOF is India’s first of its kind Nifty 50 ETF Fund of Fund. This fund combines the efficiency of an ETF with the convenience ...
Read More »Honda Motorcycle & Scooter India appoints Kyndryl as technology partner
TBB BUREAU NEW DELHI, JULY 14, 2022 Honda Motorcycle and Scooter India (HMSI) recently announced its exclusive collaboration with Kyndryl, world’s largest IT infrastructure services provider, to elevate its IT andsecurity transformation journey across HMSI’s manufacturing plants. Currently, Kyndryl manages infrastructure services for plant production applications, enterprise and dealer management systems for all the dealers. Bringing operational efficiency with an ...
Read More »OPPO to launch Pad Air and Enco X2 in India on July 18
TBB BUREAU NEW DELHI, JULY 14, 2022 OPPO, the world’s leading smart-device brand, will debut its OPPO Pad Air with the Reno8 Series on July 18, 2022. The brand will also introduce its latest flagship TWS, the Enco X2 the same day. OPPO Pad Air This all-in-one tablet for education and entertainment features the power-efficient ‘6nm’ octa-core Snapdragon 680 processor—coupled ...
Read More »Punjab National Bank joins Account Aggregator Ecosystem
TBB BUREAU NEW DELHI, JULY 14, 2022 Punjab National Bank (PNB) joins the Account Aggregator (AA) Ecosystem and goes live on the Ecosystem as both Financial Information User (FIU) and Financial Information Provider (FIP). The Account Aggregator Ecosystem which went live in September 2021 has seen active participation from private and public sector banks in the country. Punjab National Bank is the second ...
Read More »Wadhwani Foundation calls for empowering the youth with ‘Skills for the Future’
TBB BUREAU BHUBANESWAR, JULY 14, 2022 Celebrated on July 15th every year since 2014, when the United Nations instituted World Youth Skills Day (WYSD), the theme for WYSD 2022 is “Transforming Youth Skills for the Future.” WYSD highlights the vital need to equip young people with future-ready skills, making them employment ready. With rapid technological advances and evolving socio-economic trends ...
Read More »WPI-based inflation declines marginally to 15.18 pc in June
TBB BUREAU NEW DELHI, JULY 14, 2022 The wholesale price-based inflation eased to a three-month low of 15.18 per cent in June 2022 (as against 12.07 per cent in June 2021) on a sharp decline in the prices of minerals, but food articles continued to remain costly. In May 2022, it touched a record high of 15.88 per cent. ...
Read More »Online platform ‘CollegeDekho Assured’ to address India’s skilling gap in higher education space
TBB BUREAU GURUGRAM, JULY 14, 2022 CollegeDekho, India’s largest college admissions and education services platform, has launched CollegeDekho Assured, an online learning platform offering a series of live, interactive courses across multiple streams such as technology and management. The programme aims at upskilling and enhancing the employability of India’s 38.5 mn college students while also helping those with limited access ...
Read More »Consumer Affairs Department sets up committee to develop comprehensive framework on the Right to Repair
TBB BUREAU NEW DELHI, JULY 14, 2022 In a bid to emphasize on LiFE (Lifestyle for the Environment) movement through sustainable consumption, the Department of Consumer Affairs has taken a significant step for developing an overall framework for the Right to Repair. The aim of developing a framework on right to repair in India is to empower consumers and product ...
Read More »Odisha bags first National Mineral Development Award for mining
TBB BUREAU BHUBANESWAR, JULY 13, 2022 Odisha has won the first prize in the National Mineral Development Award as the best performing state in its initiative in mining exploration, auction and management. Odisha Mines Minister Prafulla Mallick received the award from Union Home and Cooperation Minister Amit Shah at the 6th National Conclave on Mines and Minerals organized as part ...
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