Home > Business (page 91)

Business

Harsh Shah joins Azure Power as Chief Executive Officer

TBB BUREAU NEW DELHI, JULY 2, 2022    Azure Power, a leading sustainable energy solutions provider and renewable power producer in India, on Friday announced that Harsh Shah has joined the Company as its Chief Executive Officer. Harsh brings deep business and leadership experience with strong track record of building large infrastructure platforms, developing high performance teams and delivering operational ...

Read More »

16th edition of Tata Steel Young Astronomer Talent Search kicks off

TBB BUREAU BHUBANESWAR, JULY 1, 2022           The 16th edition of Young Astronomer Talent Search (YATS) kicked off on Friday. Organised by Tata Steel in collaboration with Pathani Samanta Planetarium, Bhubaneswar, YATS aims to identify and promote the talent of school students of Odisha in the field of space science and astronomy. This year YATS will be conducted in a ...

Read More »

MCL’s coal production grows over 35pc to 45.36 MT in Q1FY23

TBB BUREAU SAMBALPUR, JULY 1, 2022  Mahanadi Coalfields Limited (MCL) has ended Q1 of financial year 2022-23 on a high note, posting a massive growth of 35.4% in coal production along with double digit growth in coal dispatch and overburden removal (OBR) as against same period previous year. The leading coal producing subsidiary of Coal India Limited, under Ministry of ...

Read More »

Aashirvaad Atta initiates digital ‘darshan’ experience for pilgrims at Puri Rath Yatra

TBB BUREAU BHUBANESWAR, JULY 1, 222 ITC’s Aashirvaad Atta, Odisha’s leading packaged atta brand, is back to celebrate Odisha’s most popular and prominent festival, the Puri Rath Yatra. Every year, lakhs of pilgrims gather to participate in the Rath Yatra to get a glimpse of the lord. To ensure that worshippers have a memorable experience, the brand has set up ...

Read More »

Current valuations offer an excellent opportunity for staggered investments

TBB BUREAU MUMBAI, JULY 1, 2022 DSP Investment Managers says that current valuations offer an excellent opportunity for staggered investments and is positive on sectors like Banking & Financial Services, Autos & Ancillaries, Healthcare and some construction materials companies, while maintaining a cautious outlook on IT and metals segments. The recommendations are from DSP Investment Managers ‘The Navigator’, an asset ...

Read More »

Subarnarekha Port organises skill development drive for students in Balasore district

TBB BUREAU BALIAPAL, JUNE 30, 2022 Subarnarekha Port Private Ltd (SPPL) has organised an assessment drive, in collaboration with JN Tata Vocational Training Institute (JNTVTI), Jamshedpur, to select local students around Baliapal and Basta in Balasore district for skill development training. More than 140 students from nearby villages had participated in the three-day assessment drive which started on June 28. ...

Read More »

Reliance Brands forays into food & beverage space, signs franchise pact with Pret A Manger

TBB BUREAU MUMBAI, JUNE 30, 2022 Reliance Brands on Thursday announced its entry into the food and beverage space through a long-term master franchise partnership with UK-based fresh food and organic coffee chain Pret A Manger. RBL entered into this strategic partnership with Pret A Manger, to launch and build the brand in India and open the food chain across ...

Read More »

AU Small Finance Bank’s long-term CRISIL rating upgraded to ‘AA/Stable’

TBB BUREAU MUMBAI/ JAIPUR, JUNE 30, 2022 The improving liability profile of AU Small Finance Bank, India’s largest small finance bank, has resulted in an upgrade in its CRISIL Ratings. AU Bank has been assigned a rating of CRISIL AA/Stable for its long-term debt instruments (Tier-II Bonds, Non-Convertible Debentures, and Subordinated Debt Bond) by CRISIL Ratings, one of the most ...

Read More »

Jindal Bhaktivedanta Library & Study Centre opens in Odisha State Capital

TBB BUREAU BHUBANESWAR, JUNE 30, 2022 In a bid to help Odisha students from rural and semi-urban background in their capacity building for competing in various competitive examinations, Jindal Bhaktivedanta Library and Study Centre has been opened, here today. Bhubaneswar Municipal Corporation Mayor Sulochana Das inaugurated the Centre at IRC Village in presence of ISKCON Bhubaneswar Zonal Secretary His Holiness ...

Read More »

SBI Card partners with Aditya Birla Finance to launch ‘Aditya Birla SBI Card’

TBB BUREAU NEW DELHI, JUNE 30, 2022 SBI Card, India’s largest pure-play credit card issuer, today announced the launch of ‘Aditya Birla SBI Card’, a highly rewarding lifestyle credit card, in a strategic partnership with Aditya Birla Finance Ltd (ABFL), the lending subsidiary of Aditya Birla Capital Ltd. The card has been designed to give customers significant reward points on ...

Read More »

TPCODL gears up to ensure uninterrupted power supply during Rath Yatra

TBB BUREAU PURI, JUNE 30, 2022 Tata Power Central Odisha Distribution Limited (TPCODL), the joint venture between Tata Power and Odisha Government, has initiated a number of measures to ensure reliable power supply during the upcoming auspicious Rath Yatra. The DISCOM has ensured that all important areas like Jagannath temple, Gundicha temple, Sea Beach Road, CT Road and District Headquarters ...

Read More »

Adani Sportsline partners as Principal Sponsor with Indian Olympics Association

TBB BUREAU AHMEDABAD, JUNE 30, 2022     Adani Sportsline,the sports arm of the Adani Group, has become an official partner with the Indian Olympics Association (IOA) for the upcoming Birmingham Commonwealth Games 2022, Hangzhou Asian Games 2022, and Paris Olympic Games 2024. This is the second time that the Adani Group has come on board with IOA. The earlier association ...

Read More »

Union Cabinet approves deregulation of sale of domestically produced crude oil

TBB BUREAU NEW DELHI, JUNE 29, 2022 The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Narendra Modi, has approved ‘Deregulation of Sale of Domestically Produced Crude Oil’, whereby Government has decided to cease allocation of crude oil and condensate w.e.f. 01.10.2022. This will ensure marketing freedom for all Exploration and Production (E&P) operators. The condition in the ...

Read More »

Cabinet approves computerization of 63K Primary Agriculture Credit Societies

TBB BUREAU NEW DELHI, JUNE 29, 2022 The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi, has approved computerization of Primary Agricultural Credit Societies (PACS) with the objective of increasing efficiency of PACS, bringing transparency and accountability in their operations; facilitating PACS to diversify their business and undertake multiple activities/ services. This project proposes computerization of about ...

Read More »

GO FIRST inaugurates direct flight from Kochi to Abu Dhabi

TBB BUREAU KOCHI, JUNE 29, 2022 GO FIRST (formerly known as GoAir) on Tuesday achieved a milestone by introducing triweekly to and fro direct flights from Kochi to Abu Dhabi. The inaugural flight, G8 063 to Abu Dhabi, was flagged off from Kochi last evening at 20:05 hours. GO FIRST will operate three direct flight services per week between Kochi ...

Read More »

Coal Ministry approaches Environment Ministry for inclusion of five coal mine pit lakes in Ramsar list, seeks World Bank assistance in re-purposing abandoned coal mines

TBB BUREAU NEW DELHI, JUNE 29, 2022 India’s coal sector is making sustained efforts to fulfil the fast escalating energy demands by further augmenting coal production. At the same time, the coal sector is also taking various initiatives towards adopting the path of sustainable development with emphasis on care for environment and host of measures to protect forests and biodiversity. ...

Read More »

Jio, DigiBoxx to develop innovative data storage solutions

TBB BUREAU BENGALURU, JUNE 28, 2022 Jio Platforms Ltd, the digital services arm of Reliance Industries Ltd, and DigiBoxx, an Indian file storage and sharing platform, on Tuesday announced a collaboration with an aim to develop innovative storage solutions and further meet the cloud consolidation needs of Jio’s existing and future consumer base. With this collaboration, in addition to the ...

Read More »

Vedanta Lanjigarh bags Kalinga Environment Excellence Award for sustainability initiatives

TBB BUREAU LANJIGARH, JUNE 28, 2022 Vedanta Limited’s Lanjigarh unit, India’s premier producer of metallurgical grade alumina, has been honoured with the prestigious ‘Kalinga Environment Excellence Award 2021’ for its unwavering commitment and contribution towards environmental sustainability. Vedanta Lanjigarh is the Alumina Refinery unit of Vedanta Aluminium, India’s largest producer of aluminium. The award is a true testament of the ...

Read More »

Akash Ambani named chairman of Reliance Jio

TBB BUREAU MUMBAI, June 28, 2022 Reliance Jio Infocomm Limited Board on Tuesday approved Akash Ambani’s appointment as the Chairman of the company as Mukesh Ambani resigned as a Director of the telecom company. In regulatory filing, Reliance Jio said the Board of Directors at its meeting held on Monday “approved the appointment of Akash Ambani, Non-executive Director, as the ...

Read More »

31 companies submit bids for commercial coal mining auction

TBB BUREAU NEW DELHI, JUNE 29, 2022     A total of 31 companies have submitted 38 online and offline bids for commercial coal mining auction and now the technical evaluation will be carried out by a committee of senior officers, Union Coal Ministry announced on Tuesday. According to the ministry, the bids were received under three tranches of commercial coal ...

Read More »

NTPC ER-II provides sanitary pad vending machines to college for hearng impaired

TBB BUREAU BHUBANESWAR, JUNE 28, 2022 Manjari Goswami, President Vasuda Mahila Mandal NTPC ER-II on Tuesday handed over sanitary pad vending machines and other essential items to Satyabhama Devi College for Hearing Impaired. This includes Aquaguards, food serving trays, refrigerator, sanitary napkin incinerator, etc. This was carried out as a part of NTPC -ER-II HQ CSR initiative and as gesture ...

Read More »

Tanishq launches ‘Rajadhiraj’ collection in Odisha to mark Rath Yatra

TBB BUREAU BHUBANESWAR, JUNE 28, 2022 Tanishq, India’s largest jewellery retail brand from the house of Tata on Tuesday announced the launch of a special jewellery collection ‘Rajadhiraj’ to celebrate the divine glory of Lord Jagannath ahead of the world famous Rath Yatra. The collection was launched in the presence of Ollywood actress Prakruti Mishra along with Alok Ranjan, Regional ...

Read More »

15 companies selected under 2nd round of PLI scheme for white goods with committed investment of Rs 1,368 cr

TBB BUREAU NEW DELHI, JUNE 28, 2022 A total of 15 applicants have been selected under the second round of the PLI scheme in White Goods. After evaluation of the 19 applications received in the second round, 15 applicants with committed investment of Rs 1,368 crore have been chosen. These include 6 for manufacturing ACs components with committed investments of ...

Read More »

World Bank approves $250 million program for making India’s roads safer

TBB BUREAU NEW DELHI, JUNE 27, 2022 The World Bank’s Board of Executive Directors has approved the financing of $250 million to support the Government of India’s Program for Strengthening Road Safety. The World Bank project will help participating states reduce road crash fatalities and injuries through improved road safety management and institutional reform, and results-based interventions on high-risk roads.  ...

Read More »

JSW Utkal relocates 205 Sal trees for environment conservation

TBB BUREAU JAJPUR, JUNE 24, 2022 With environment conservation as its core value, JSW Utkal Steel in association with Keonjhar Forest Division on Thursday started relocating as many as 205 Sal trees in the first phase from the proposed slurry pipeline way on NH-20. The relocation job would be completed in a week’s time, the steel major said in a ...

Read More »

CSM Tech wins IMC Awards for transformation at JSW mines

TBB BUREAU MUMBAI, JUNE 24, 2022 CSM Technologies, a Bhubaneswar-headquartered IT consulting firm with business footprint in the USA, Dubai and Africa, has won the prestigious IMC Digital Technology Awards 2022 for Digital Logistics Management Solution (DLMS) in the category ‘Established IT and Technology Service companies transforming other businesses digitally across sectors’. DLMS has been implemented at JSW Steel’s Jajang, ...

Read More »

SPIEF deliberates on telecommunication development & digitalization in Arctic

TBB BUREAU NEW DELHI, JUNE 24, 2022 Participants of the Conference on Telecommunication Development and Digitalization in the Arctic discussed the implementation of digital technologies in the Arctic at the St. Petersburg International Economic Forum (SPIEF). The event was held as part of the plan for the main events of the Russian Federation’s chairmanship of the Arctic Council in 2021–2023, ...

Read More »

Bharat Matrimony’s social initiative “Pehle Padhai Phir Shaadi” wins 14 creative awards

TBB BUREAU CHENNAI, JUNE 24, 2022 Bharat Matrimony’s “Pehle Padhai Phir Shaadi” – a social initiative to empower girls to choose education over marriage – bagged 14 awards including 1 purple elephant for driving gender equality, and 5 blue elephants at the recent Kyoorius Creative Awards. The awards are celebrations of the most outstanding and innovative work in advertising and ...

Read More »

TPSODL introduces numerous safety initiatives, converts over 2K unsafe locations to safer ones

TBB BUREAU BERHAMPUR, JUNE 24, 2022 As a part of their commitment towards safety, Tata Power Southern Odisha Distribution Limited (TPSODL), the joint venture between Tata Power and Odisha Government for power distribution in Southern Odisha, has implemented a number of safety measures including key safety training programs of 1,75,000 man-hours for all employees, well-structured safety policies and plans across ...

Read More »

Go First introduces direct flight between Kochi to Abu Dhabi

TBB BUREAU KOCHI, JUNE 24, 2022 Strengthening the vision to expand its footprints internationally as well as in the Southern India, Go First, formerly GoAir, is all set to commence tri-weekly flights from Kochi to Abu Dhabi starting from June 28, airline officials said. The flights will operate every Tuesday, Friday and Sunday. The inaugural flight G8 063 will depart ...

Read More »

OP Jindal Global University receives WCDM-DRR Award 2022 for disaster management & risk reduction

TBB BUREAU SONIPAT, JUNE 24, 2022 The O.P. Jindal Global University (JGU) has been honoured with the prestigious World Congress on Disaster Management – Disaster Risk Reduction (WCDM-DRR) Award 2022 for its significant contribution in the field of Disaster Management and Disaster Risk Reduction through research and academic excellence towards strengthening capacity of various stakeholders and innovative practices. The awards ...

Read More »

Odisha Govt gets top honour in National MSME Award-2022

TBB BUREAU BHUBANESWAR, JUNE 23, 2022 The MSME Department of the Odisha Government has been awarded the first prize in the category “National MSME Award 2022 to States/UTs for outstanding contribution in the promotion and Development of MSME Sector” for the developmental initiatives taken up by it for development of MSMEs. Kalahandi has been awarded third prize in the category ...

Read More »

Foxconn Chairman and Vedanta Group’s Global MD discuss on manufacturing semiconductor chips in India

TBB BUREAU NEW DELHI, JUNE 23, 2022 Foxconn Chairman Young Liu called on Vedanta Group’s Global Managing Director of Display & Semiconductor Business, Akarsh Hebbar in New Delhi today to discuss next steps for their proposed partnership to manufacture semiconductor chips in India, the company said in a statement. The two companies had signed a MoU in February this year ...

Read More »

NALCO holds quiz competition to promote Rajbhasha

TBB BUREAU BHUBANESWAR, JUNE 23, 2022 Navratna CPSE National Aluminium Company Limited (NALCO), as the Chairman’s Office for Town Official Language Implementation Committee (TOLIC) constituted under the directions of the Department of Official Language, Union Ministry of Home Affairs, organized a quiz competition to promote the usage of Hindi language and as part of Azadi Ka Amrit Mahotsav. NALCO always ...

Read More »

On Gautam Adani’s 60th birthday, Adani Family commits Rs 60,000 Cr to charity

TBB BUREAU AHMEDABAD, JUNE 23, 2022 On the year of the centenary birth anniversary of Gautam Adani’s father Shri Shantilal Adani, and Gautam Adani’s 60th birthday, the Adani Family has committed a donation of Rs 60,000 crore to a range of social causes. This corpus will be administered by the Adani Foundation. To utilize the potential of India’s demographic advantage, ...

Read More »

NTPC CMHQ introduces Safety Reflective Jackets with LED lights

TBB BUREAU RANCHI, JUNE 23, 2022 In a first of its kind initiative, NTPC Coal Mining Headquarters has developed Safety Reflective Jackets with LED lights through MSME vendor for distribution in its coal mines, to ensure improved visibility for personnel deployed in mines and siding during night hours. Regional Executive Director (Coal Mining) Partha Mazumder handed over these jackets to ...

Read More »

India’s entertainment & media industry to reach Rs 4,30,401 cr by 2026: PwC Report

TBB BUREAU NEW DELHI, JUNE 23, 2022 India’s entertainment and media (E&M) industry is expected to reach Rs 4,30,401 crore by the year 2026 at 8.8 per cent CAGR, according to the PwC’s Global Entertainment and Media Outlook 2022-2026 Report released on Thursday. The PwC report has shown substantial growth across India’s E&M industry segments such as OTT video, newspaper, ...

Read More »

World Bank provides $245 million to help Indian Railways carry more freight, reduce GHG emissions

TBB BUREAU NEW DELHI, JUNE 23, 2022 The World Bank’s Board of Executive Directors approved a $245 million loan to support India’s efforts to modernize rail freight and logistics infrastructure. The Rail Logistics project will help India shift more traffic from road to rail, making transport—both freight and passenger—more efficient and, reduce millions of tons of greenhouse gas emissions (GHG) ...

Read More »

ICICI Bank launches digital platform ‘Campus Power’ for the student ecosystem

TBB BUREAU MUMBAI, JUNE 23, 2022 ICICI Bank on Thursday announced the launch of a digital platform to address the needs of the students aspiring to pursue higher education in India and abroad. Christened ‘Campus Power’, the one-stop platform caters to varied needs of the entire student ecosystem comprising students, parents and institutes. It offers both banking and value-added solutions ...

Read More »

Fire-Boltt plans rapid expansion in Odisha

TBB BUREAU BHUBANESWAR, JUNE 22, 2022 Homegrown wearable and audio brand Fire-Boltt which surpassed the front-runners by being adjudged as the undisputed leader in the wearable watches market, aims to expand its outlets from 30,000 at present to 1 lakh in the next six months with a target to ship a million units every month, said a company official while ...

Read More »

BIPF launches ‘Kanya Express’ for adolescent girls in Sukinda Block

TBB BUREAU BHUBANESWAR, JUNE 22, 2022 Kanya Express, an innovative mobile health van, was launched by the Bansidhar & Ila Panda Foundation with the aim of addressing anaemia amongst adolescent girls and to supplement the government initiative of Anemia Mukta Bharat (AMB). Inaugurated by Sandeep Bapuraoji Narade, Vice President-Head Mining Business Unit & Executive In-charge Mines today, the Kanya Express ...

Read More »

AU Small Finance Bank launches customisable credit card

TBB BUREAU MUMBAI, JUNE 22, 2022 AU Small Finance Bank on Wednesday announced the launch of AU Bank LIT (Live-It-Today) credit card which allows customers to choose the features they want in their card and also decide the time period they want those features for. This type of offering is for the first time in the industry, claimed the bank. ...

Read More »

Foundation stone laid for 4th Slab Caster and Ladle Furnace of RSP’s SMS-II

TBB BUREAU ROURKELA, JUNE 22, 2022 The foundation stone for the fourth Slab Caster and Ladle Furnace with associated facilities of Steel Melting Shop-II (SMS-II) at Rourkela Steel Plant (RSP) was laid by RSP Director In-Charge Atanu Bhowmick on Tuesday. A modern, technologically upgraded, energy efficient and environment friendly 4th Slab Caster and Ladle Furnace will be constructed near Slab ...

Read More »

Union Bank of India unveils mascot to create awareness on cyber security

TBB BUREAU MUMBAI, JUNE 21, 2022 Union Bank of India on Tuesday announced a unique initiative, first of its kind in the cyber security domain by creating and adopting the concept of cyber security Mascots to promote Cyber Security awareness amongst its staff and customers towards building robust cyber safe Bank. The Cyber Security Mascots, named ‘U SuरKsha’ (Female Mascot) ...

Read More »