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SAIL’s AK Tulsiani takes charge as Director Finance

TBB BUREAU NEW DELHI, JUNE 21, 2022 State-owned SAIL on Tuesday said that Anil Kumar Tulsiani has taken over the charge of Director (Finance) from Monday. In his last role as Executive Director at SAIL, Tulsiani has been working towards improving the topline and the bottom line for the company and ensuring efficient fund management and resource allocation, Steel Authority ...

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Kolmong villagers support JSW Utkal slurry pipeline project

TBB BUREAU KOIRA, JUNE 21, 2022 During a public hearing on Monday, most of the villagers from Kolmong extended their wholehearted support to JSW Utkal Steel for setting up a plant. The public hearing was conducted jointly by the State Pollution Control Board (SPCB) and Sundergarh District Administration to receive environment clearance for the iron ore beneficiation plant at Kolmong ...

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Jindal Steel & Power observes International Day of Yoga

TBB BUREAU ANGUL, JUNE 21, 2022 Jindal Steel & Power (JSP) and its social arm JSPL Foundation joined the Nation in observing the 8th International Day of Yoga at its Plant premises and periphery villages on Tuesday. A large number of Yoga enthusiasts participated in the yoga camps held at different places and observed the event by doing yogic exercises ...

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Amway India, wrestler Sangram Singh join hands to support holistic wellbeing amongst youth & women

TBB BUREAU BHUBANESWAR, JUNE 21, 2022 Reiterating its commitment to prioritizing health, fitness, and nutrition to helping people live better, healthier lives, Amway India, one of the country’s leading FMCG Direct Selling companies, launched health & fitness community-building programs across India. Amway India’s brand ambassador and wrestler Sangram Singhwill be spearheading the awareness around reiterating fitness and health community building ...

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Vedanta Jharsuguda felicitates India’s first K-Pop idol Sriya Lenka

TBB BUREAU JHARSUGUDA, JUNE 20, 2022 On the eve of World Music Day, India’s first K-Pop star and Jharsuguda’s pride, Sriya Lenka, was felicitated by the Jharsuguda Unit of Vedanta Limited. On behalf of the Company, Vedanta Jharsuguda CEO Sunil Gupta felicitated the 18-year-old K-Pop sensation at a function held at its plant premises. Speaking on the occasion, Gupta said, ...

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RSP Hot Strip Mill-2 creates new single-day production record

TBB BUREAU ROURKELA, JUNE 20, 2022 The Hot Strip Mill-2 (HSM-2) of SAIL-run Rourkela Steel Plant (RSP) has registered best ever single-day production by rolling 6,689 tons of hot rolled coils on Sunday. The previous best single-day production of 6,542 tons was achieved on March 30 this year. The state-of-the-art HSM-2 has been setting records ever since it started rolling ...

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LIC HFL revises lending rate across loan products

TBB BUREAU MUMBAI, JUNE 20, 2022 LIC Housing Finance Ltd (LIC HFL), a leading Housing Finance company in India, has increased the LIC Housing Prime Lending Rate (LHPLR) by 60 basis points. LHPLR is the benchmark rate to which the interest rate on LIC HFL’s loans arelinked. The new interest rates on home loan now start from 7.50%. The new ...

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ICSI Bhubaneswar gets Best Chapter Award

TBB BUREAU BHUBANESWAR, JUNE 18, 2022 The Bhubaneswar Chapter of The Institute of Company Secretaries of India (ICSI), Bhubaneswar Chapter has received the ICSI Best Chapter Award for the year 2020 in Gold Grade. The award was presented to the Bhubaneswar Chapter Team during the inaugural session of the 23rd National Conference of Practising Company Secretaries, at Lonavala in Maharashtra ...

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Jio consolidates No. 1 position in Odisha: TRAI data

TBB BUREAU BHUBANESWAR, JUNE 18, 2022 Further consolidating its number one position in Odisha as the most preferred digital service provider, Reliance Jio added around 71,000 new mobile subscribers and over 8,100 JioFiber high-speed broadband subscribers in the month of April 2022, as per the latest telecom subscriber data released by TRAI. With this, total mobile subscriber base of Jio ...

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Odisha discoms committed to electrical safety

TBB BUREAU BHUBANESWAR, JUNE 17, 2022 As Tata Power Odisha Discoms strongly believe in the safety and security of their employees and customers, they have a robust safety governance structure in place, which includes nodal safety officers in each location. The discoms have implemented a number of safety measures, including safety training to over 12,000 employees and 20,000 Business Associates ...

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Union Bank of India raises interest rates on deposits

TBB BUREAU MUMBAI, JUNE 17, 2022 Union Bank of India on friday announced increase in interest rates on term deposits across all maturity buckets. The revised rates would be applicable across various tenures for Domestic Term Deposits, Non-Resident Ordinary (NRO) and Non-Resident External (NRE) Term Deposits. Interest rates on Domestic/NRO Term Deposits (below Rs 2 crore) of 46-90 days tenure ...

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HCL to enroll 1,000 students under TechBee in Odisha

TBB BUREAU BHUBANESWAR, JUNE 17, 2022 HCL Technologies, a leading global technology company, is conducting a walk-in drive across six cities – Bhubaneswar, Currack, Rourkela, Sambalpur, Berhampur and Koraput – of Odisha between June 18 and July 23 as part of its efforts to enroll at least 1,000 freshers under its flagship early-career programme ‘TechBee’. The drive would be conducted ...

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Syngenta Group announces leadership transition

TBB BUREAU BASEL (Switzerland), JUNE 17, 2022 Syngenta Group on Friday announced succession plans for its leadership team. Jeff Rowe, currently President, Global Seeds, will take over the leadership of Syngenta Crop Protection, effective July 1, 2022. His former role will be assumed by Justin Wolfe, currently Regional Director North America Seeds. As members of the Group Leadership Team, the ...

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GST Council to meet on June 28-29 in Srinagar

TBB BUREAU NEW DELHI, JUNE 16, 2022             The GST Council, chaired by Finance Minister Nirmala Sitharaman and comprising state counterparts, will meet on June 28 and 29 in Srinagar.           “The 47th meeting of the GST Council will be held on June 28-29, 2022 (Tuesday & Wednesday) in Srinagar,” Finance Minister Nirmala Sitharaman’s office tweeted.           The council ...

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JSPL Foundation celebrates Raja festival with the local communities

TBB BUREAU ANGUL, JUNE 16, 2022 JSPL Foundation, the CSR arm of Jindal Steel & Power (JSP), celebrated the festival of ‘Raja’ known as the ‘Festival of Swings’ with the villagers  of its plant periphery here. To make the festival more exciting and entertaining for the local community, JSPL Foundation arranged decorated swings and specially designed sporting events for the ...

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Odisha CM to inaugurate KISS-Kalahandi Residential School on Friday

TBB BUREAU BHUBANESWAR, JUNE 16, 2022 Odisha Chief Minister Naveen Patnaik will inaugurate the Kalahandi branch of the Kalinga Institute of Social Sciences (KISS) KISS-Kalahandi Residential School on Friday. The sprawling eco-friendly and Wi-Fi green campus has come up at Badli under Bhawanipatna Block in the Kalahandi District. Kalahandi MP Basanta Kumar Panda, Rajyasabha MP Sujit Kumar, Lanjigarh MLA Pradeep ...

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MoPSW issues draft guidelines for operationalization of Ro-Ro and Ro-Pax ferry service

TBB BUREAU NEW DELHI, JUNE 16, 2022 The Ministry of Ports, Shipping and Waterways (MoPSW) has prepared draft of “Guidelines for Operationalization of Ro-Ro and Ro-Pax ferry service along the coast of India” after incorporating the preliminary inputs received from the stakeholders. The guidelines encompass the two aspects of ferry operation namely; concessions for terminal operation and license for operation ...

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Jio-bp to power Zomato’s EV journey

TBB BUREAU MUMBAI, JUNE 15, 2022 Jio-bp – a fuels and mobility joint venture between RIL and bp – and Zomato, today announced that they have entered an agreement to support Zomato’s commitment towards The Climate Group’s EV100 initiative of 100% EV fleet by 2030. Towards the same, Jio-bp will provide EV mobility services to Zomato along with access to ...

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JSPL Foundation observes World Elder Abuse Awareness Day-2022

TBB BUREAU ANGUL, JUNE 15, 2022 JSPL Foundation, the CSR arm of Jindal Steel and Power (JSP), on Wednesday observed the World Elder Abuse Awareness Day (WEAAD) 2022 in different plant periphery villages and at a few Senior Citizen Homes of Angul district. To mark the day, several awareness sessions were organised to educate the participants regarding the scenario where ...

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PwC sets foot in Odisha, plans to hire around 500 people in Bhubaneswar within 3 years

TBB BUREAU BHUBANESWAR, JUNE 15, 2022 Multinational professional services network PricewaterhouseCoopers India (PwC) on Wednesday said it would create 10,000 additional employment opportunities in India over the next five years as part of its new strategy, as it set foot in Odisha for the first time with an office in Bhubaneswar. It plans to hire around 500 people in the state ...

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NTPC Swayamsiddha Ladies Club distributes books to encourage reading habits among children

TBB BUREAU RANCHI, JUNE 14, 2022 As part of its CSR initiative, Swayamsiddha Ladies Club of NTPC Coal Mining Headquarters, Ranchi on Tuesday distributed books to children of Marwari School, here in its bid to encourage reading habits among children. On the occasion, Swayamsiddha Ladies Club President Mahua Mazumder, while interacting with the school children, enquired about the type of ...

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Vedanta Jharsuguda conducts safety mock drill with NDRF

TBB BUREAU JHARSUGUDA, JUNE 14, 2022 Vedanta Aluminium, India’s largest producer of aluminium, has conducted an on-site Safety Mock Drill in association with National Disaster Response Force (NDRF), at its aluminium smelter in Jharsuguda. The mock drill saw the plant’s emergency management team and NDRF officials collaborate to reinforce safety awareness among all employees and business partners associated with the ...

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Devotees witness Debasnana Purnima rituals at Devbhoomi in Angul Jindal Nagar

TBB BUREAU ANGUL, JUNE 14, 2022 Thousands of devotees from Jindal Nagar and its periphery villages thronged the Lord Jagannath Temple at Jindal Nagar Township to witness the Debasnana Purnima festival of the Trinity – Lord Balabhadra, Lord Jagannath and Devi Subhadra. JSP Chairman Naveen Jindal accompanied by his wife Shallu Jindal, performing Snana Purnima rituals at Shree Jagannath Temple ...

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Shyam Steel launches their new TVC Campaign featuring Sonu Sood

TBB BUREAU BHUBANESWAR, JUNE 14, 2022 Shyam Steel, one of leading producers and manufacturers of primary TMT Bars launched their new TVC campaign featuring Sonu Sood. The new TVC is the extension of Shyam Steel’s “MaksadToh India Ko Banana Hai” campaign. The campaign aims to send across the brand message that Shyam Steel will assist people in achieving their dream ...

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Adani and Total Energies to create world’s largest green hydrogen ecosystem

TBB BUREAU AHMEDABAD, JUNE 14, 2022 Adani, India’s fastest-growing diversified business portfolio, and energy supermajor Total Energies of France, have entered into a new partnership to jointly create the world’s largest green hydrogen ecosystem. In this strategic alliance, Total Energies will acquire a 25 per cent minority interest in Adani New Industries Ltd (ANIL) from Adani Enterprises Ltd (AEL). The ...

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Capri Stressed Assets Fund invests Rs 375 Cr in Unbrako

TBB BUREAU MUMBAI, JUNE 14, 2022 Capri Stressed Assets Fund (Capri Fund) – managed by Capri Xponentia Managers LLP (CXM) announced its first investment in Deepak Fasteners Limited. Capri Fund has taken a significant minority stake in the company. The investment is structured in combination of debt, convertible and equity. Through the investment raised, the Ludhiana-based company provided exit to ...

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Dalmia Bharat Foundation partners with Odisha Skill Development Authority to launch DIKSHa centres in four districts

TBB BUREAU RAJGANGPUR, JUNE 13, 2022 Dalmia Bharat Limited (DBL) is reiterating its commitment towards its nation-building efforts through its Corporate Social Responsibility (CSR) arm, Dalmia Bharat Foundation (DBF), by imparting skill development training to unemployed youth in Odisha. The initiative is aimed at strengthening the nation’s drive towards becoming self-reliant by addressing regional unemployment issues and helping improve the ...

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NSDL’s ‘Market Ka Eklavya – Express’ Program reaches over 4,000 students across India

National Securities Depository Limited (NSDL), successfully conducted a series of educational programs titled ‘Market Ka Eklavya – Express’ specially crafted for students.  The programs conducted in 8 languages were attended by more than 4,000 students across 75+cities covering all Indian States under ‘Azadi Ka Amrit Mahotsav’. An audio-visual film on NSDL’s initiative on Market Ka Eklavya-Express was screened at ‘India’s ...

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JK Tyre launches two new tyres in Odisha

TBB BUREAU BHUBANESWAR/ CUTTACK, JUNE 11, 2022 JK Tyre, one of India’s foremost tyre manufacturers today launched two new products-JET Steel JDH XM and JET Way JUC XM for truck owners and other transporters. The new products were unveiled in a customer interaction program organized by the company at a city hotel in Cuttack. For better mileage and low operational ...

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PPL gets Kalinga Environment Excellence Award

TBB BUREAU BHUBANESWAR, JUNE 11, 2022 Paradeep Phosphates Limited (PPL) has received prestigious Kalinga Environment Excellence Award on Saturday in recognition of its effort in excellent management of healthy environment at industrial sites and for demonstrating highest level commitment in protecting the environment. On behalf of the Company, General Manager (Human Resources) Jagannath Khuntia and DGM (Environment Management) Ambikesh Mishra ...

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IFFCO Paradeep bags Kalinga Environment Excellence Award

TBB BUREAU PARADIP, JUNE 11, 2022 The Paradeep Unit of IFFCO Unit has received prestigious Kalinga Environment Excellence Award’ Five Star on Saturday in recognition to its adherence to best environmental practices in the plant operation in the year 2021. On behalf of the Company, General Manager (Production and Environment & Safety) RK Pandey received that award from Bangladesh Deputy ...

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Enhancing efficiency crucial for wealth creation: RSP DIC Bhowmick

TBB BUREAU ROURKELA, JUNE 11, 2022 Enhancing efficiency is crucial for wealth creation, said Rourkela Steel Plant (RSP) Director In-Charge Atanu Bhowmick while laying emphasis on the global investments, generation of large-scale employment opportunities, role of unicorn startups, etc. Speaking at a conference on “Creating Wealth through Markets” organised by the Department of Investment and Public Asset Management (DIPAM) at ...

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Manikanta Naik elected as Chairman of IIM Keonjhar Chapter

TBB BUREAU BARBIL, JUNE 11, 2022         Tata Steel Long Products Senior General Manager (O&M) Manikanta Naik has been unanimously elected as the Chairman of the Keonjhar Chapter of Indian Institute of Metals (IIM) at its first Annual General Meeting here today. The meeting was attended by representatives from most of the metal and mineral industries and professional institutes in ...

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Hindalco’s healthcare initiatives at Sambalpur benefit over 14,000 people

TBB BUREAU BHUBANESWAR, JUNE 11, 2022 With the objective of ensuring better and more meaningful lives for locals, the   Aditya Birla Group flagship company Hindalco at Sambalpur, has taken a number of healthcare initiatives as part of its community engagement. In the year 2021, around 14,000 people in 12 villages of Hirakud benefited through these initiatives. Under the company’s “Health ...

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Financepeer launches numberless dual-interface card for students

TBB BUREAU MUMBAI, JUNE 9, 2022 With an aim to achieve cash-free campuses, Financepeer, one of India’s leading edu-fintech startups has unveiled its latest offering – the UVA Card, powered by Visa. Financepeer UVA Card Program will be their numberless prepaid photo ID card for students, parents, and institutes to make day-to-day transactions easy and hassle-free. UVA Card, technologically backed ...

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OP Jindal Global University ranked India’s No.1 private varsity for third time in a row

TBB BUREAU SONIPAT, JUNE 9, 2022           O.P. Jindal Global University (JGU) has emerged as India’s No. 1 Private University for the third year in a row, according to the QS World University Rankings 2023 that was released in New York. London-based Quacquarelli Symonds (QS) has ranked a total of 41 institutions from India this year, including seven new entrants. ...

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SAIL participates in DPE’s Azadi Ka Amrit Mahotsav Mega Show

TBB BUREAU NEW DELHI, JUNE 9, 2022 Maharatna steelmaking PSU Steel Authority of India Limited (SAIL) is participating in an exhibition organized by the Department of Public Enterprises (DPE) to commemorate ‘Azadi Ka Amrit Mahotsav’ at Mahatma Mandir Convention and Exhibition Centre, Gandhinagar, Gujarat from 9th to 12th June. DPE, with support of CPSEs and SCOPE, is organizing a number ...

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JSW Steel Launches New Corporate Campaign ‘Always Around’

TBB BUREAU BHUBANESWAR, JUNE 9, 2022 JSW Steel, the flagship company of the multi-billion-dollar JSW Group, unveils its new campaign ‘Always Around’ to highlight the central role JSW Steel plays in our everyday lives, aligned with JSW Steel’s positioning as a Preferred Consumer Brand. The company has kicked off an unique, first of its kind communication campaign marking a transition ...

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Company secretaries help cos grow big, says Union Minister Kiren Rijiju

TBB BUREAU NEW DELHI, JUNE 9, 2022 Company secretaries help companies grow big and strengthen the economy though they always remain in the background, Union Law and Justice Minister Kiren Rijiju said on Thursday. The Union Minister was speaking at a special programme under ‘Azadi ka Amrit Mahotsav’ by the Institute of Company Secretaries of India (ICSI) here. “Though the ...

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TPCODL inaugurates 33kV line from Mania to Tangi in Cuttack dist

TBB BUREAU BHUBANESWAR, JUNE 8, 2022 TP Central Odisha Distribution Ltd. (TPCODL), a joint venture between Tata Power and the Government of Odisha, on Wednesday inaugurated a 33kV line electricity supply connection from Mania to Tangi Primary Sub-station at Tangi in Cuttack district to enhance the reliability and creating a more robust network in the area. This new 33kV line ...

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Vedanta Aluminium employees help communities adopt clean cooking

TBB BUREAU LANJIGARH, JUNE 8, 2022 Vedanta Aluminium’s Lanjigarh unit, India’s premier producer of metallurgical grade alumina, sensitized communities on the need to transition from traditional chulhas (cooking stoves) to cleaner and eco-friendly cooking methods for better health and environmental preservation, on World Environment Day. Employees personally contributed funds to purchase fuel-efficient ‘smokeless’ chulhas, which were then distributed to 30 ...

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Coal production up by 34pc to 71.30MT in May 2022

TBB BUREAU NEW DELHI, JUNE 8, 2022 India’s coal production increased by 33.88 per cent to 71.30 Million Ton (MT) from 53.25 MT during May, 2022 as compared to the year-ago period. As per the provisional data of the Ministry of Coal, during May 2022 CIL, SCCL and captive mines/others registered a growth of 30.04 per cent, 11.01 per cent ...

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RSP registers remarkable performance in first two months of FY23

TBB BUREAU ROURKELA, JUNE 8, 2022 SAIL-run Rourkela Steel Plant (RSP) registered remarkable performance in production areas in the first two months of current financial year (FY23). The Steel Plant produced 7,48,139 tons of hot metal, 6,70,498 tons of crude steel and 6,01,337 tons of saleable steel in April-May of FY-23 to register a corresponding Year-on-Year (Y-O-Y) growth of 7.94 ...

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Govt hikes MSP for paddy by Rs 100

TBB BUREAU NEW DELHI, JUNE 8, 2022 In a bid to to ensure remunerative prices to the growers for their produce and to encourage crop diversification, the Union government on Wednesday hiked the minimum support price (MSP) for paddy by Rs 100 to Rs 2,040 per quintal for 2022-23 crop year from Rs 1,940 per quintal in the previous year. ...

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Jindal Stainless participates in chemTECH World Expo 2022

TBB BUREAU MUMBAI, JUNE 8, 2022 Jindal Stainless participated in the 30th edition of chemTECH World Expo 2022 held at Jio World Centre from June 8 to 11. As the Bronze sponsor for the largest congregation of industry professionals from the global chemical and pharma processing industries, Jindal Stainless showcased its niche stainless steel products. These included critical application grades ...

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