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ICICI Bank opens new branch at Bhubaneswar

TBB BUREAU BHUBANESWAR, AUG 10, 2023 India’s second-largest private sector lender ICICI Bank on Thursday opened a new branch at Raghunathpur here, taking the branch count in the Capital City of Odisha to 28. Additional Director General of Police (CID) and Capital Region Urban Transport Managing Director Arun Bothra inaugurated the branch. Housed at BR Complex, the branch has a ...

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Rourkela Steel Plant signs agreement with MN Dastur & Company for preparation of roadmap to enhance steel production

TBB BUREAU ROURKELA, AUG 10, 2023 In a significant move to reinforce its position as a key player in the steel industry, SAIL-run Rourkela Steel Plant (RSP) on Thursday announced its intention to expand its production capacity by an impressive 1.5 to 2.5 million tonnes per annum (MTPA) of crude steel. This expansion will be achieved through the widely recognized ...

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Vedanta Aluminium promotes safer breastfeeding practices among rural women

TBB BUREAU NEW DELHI, AUG 10, 2023 Observing World Breastfeeding Week, Vedanta Aluminium, the largest aluminium producer in India, has undertaken comprehensive endeavours to promote and support breastfeeding among rural communities in the vicinity of its operations in Odisha and Chhattisgarh. Focused on remote locations that have limited access to quality healthcare and often rely on unscientific myths for medical ...

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Dalmia Cement launches Project ‘Annadata’ in Odisha to promote sustainable agriculture & food security

TBB BUREAU RAJGANGPUR, AUG 10, 2023 Dalmia Cement Bharat Ltd (DCBL), India’s leading cement manufacturing company has taken a significant step towards promoting agricultural sustainability and enhancing food security in Odisha, through the launch of project ‘Annadata’. With the primary focus on promoting Paddy and Ragi cultivation, project Annadata aims to empower farmers through sustainable agricultural practices. With the year ...

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PPA fastest Major Port to handle 50 MMT Cargo in FY24

TBB BUREAU PARADIP, AUG 10, 2023 Paradip Port added one more feather to its illustrious cap as it achieved a major milestone by clocking record cargo throughput of 50.16 MMT Cargo on Tuesday (August 8, 2023), by registering 6.5 per cent growth over the corresponding period of the previous fiscal. This feat has been achieved by the Port in 129 ...

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SBI Card enables RuPay credit cards on UPI

TBB BUREAU NEW DELHI, AUG 10, 2023 SBI Card, India’s largest pure-play credit card issuer, and National Payments Corporation of India (NPCI) have announced the linking of SBI credit cards on RuPay platform with UPI. Starting Thursday, SBI Card customers will be able to make UPI transactions through their credit cards issued on RuPay. The functionality can be availed through ...

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Hindalco, Texmaco team up to make aluminium rail wagons and coaches

TBB BUREAU BHUBANESWAR, AUG 10, 2023 Aditya Birla Group flagship Hindalco Industries, and Texmaco Rail & Engineering on Thursday entered into a strategic alliance and announced a Rs 200 crore investment to develop and manufacture world-class aluminium rail wagons and coaches that will help Indian Railways achieve its emission goals and bolster operating efficiency, Hindalco said in  a statement. Indian ...

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CCI approves merger of TCFSL and TCCL into TCL

TBB BUREAU NEW DELHI, AUG 8, 2023 The Competition Commission of India (CCI) CCI approves merger of Tata Cleantech Capital Limited (TCCL) and Tata Capital Financial Services Limited (TCFSL) into Tata Capital Limited (TCL). The proposed combination is a merger of TCFSL and TCCL into TCL. TCL is registered with the Reserve Bank of India (RBI) as a Systematically Important ...

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Coal India Q1FY24 net profit at Rs 7,941.40 cr

TBB BUREAU NEW DELHI, AUG 8, 2023 State-owned Coal India Ltd (CIL) on Tuesday posted a consolidated net profit to Rs 7,941.40 crore for the quarter ended on June 30, 2023 (Q1FY24), a 10.1 per cent fall from the corresponding period of the previous fiscal. CIL had registered a net profit of Rs 8,834.22 crore in the April-June period of ...

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