TBB BUREAU BHUBANESWAR/ANGUL, MAY 28, 2022 More than 60 delegates of the National Mineral Congress, organised by the Indian National Committee World Mining Congress and supported by the Union Coal Ministry, visited the Coal Gasification Plant (CGP) set up by Jindal Steel & Power (JSP) at Angul, on the second day of the Mining Congress on Saturday. The visiting team, ...
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Malabar Gold & Diamonds launches new showroom in Bhubaneswar
TBB BUREAU BHUBANESWAR, MAY 28, 2022 Strengthening its footprint in Eastern India, Malabar Gold & Diamonds, one of the largest gold and diamond retail chains in the country, launched its brand new store at Chandrasekharpur in the Capital City of Odisha on Saturday. The new store, inaugurated by Odia actor Sabyasachi Mishra in presence of senior management officials, offers a ...
Read More »RERA protects interests of home buyers, say experts at ICSI workshop
TBB BUREAU BHUBANESWAR, MAY 27, 2022 The Real Estate industry in India is still considered to be an unorganised sector that lacks transparency and accountability from promoters and developers especially due to the delays in project completion and in pre-decided schedules, thereby, leaving home buyers in a lurch. To lessen the plight of the consumers in the real estate sector, ...
Read More »RGICL launches ‘Reliance Health Gain’ policy
TBB BUREAU MUMBAI, MAY 27, 2022 In a bid to address the evolving and unique medical needs of modern-day customers of all age groups, Reliance General Insurance Company Ltd. (RGICL) has launched the most flexible and customisable health insurance policy – Reliance Health Gain. The policy offers customers an opportunity to design their health insurance policy by choosing features as ...
Read More »SankhyaSutra Labs showcases ‘Made in India’ software for aerospace and defence at Drone Festival
TBB BUREAU NEW DELHI, MAY 27, 2022 SankhyaSutra Labs, a Bengaluru-based subsidiary of Jio Platforms Ltd that makes high-fidelity multi-physics and aerodynamics simulation software, is showcasing its products and solutions at the Drone Festival of India 2022, being held on May 27-28 at Pragati Maidan in New Delhi. It has planned a major product launch in October this year. Through ...
Read More »RERA protects interests of home buyers, say experts at ICSI workshop
TBB BUREAU BHUBANESWAR, MAY 27, 2022 The Real Estate industry in India is still considered to be an unorganised sector that lacks transparency and accountability from promoters and developers especially due to the delays in project completion and in pre-decided schedules, thereby, leaving home buyers in a lurch. To lessen the plight of the consumers in the real estate sector, ...
Read More »Dalmia Bharat Foundation, NABARD jointly undertake ‘WADI’ Project in Odisha
TBB BUREAU RAJGANGPUR, MAY 26, 2022 Dalmia Bharat Foundation (DBF), the Corporate Social Responsibility (CSR) arm of Dalmia Bharat has undertaken the ‘WADI’ Project, in association with National Bank for Agriculture and Rural Development (NABARD). The project aims to strengthen the value chain in tribal development and boost the financial growth of families of 38 villages under Rajgangpur and Kutra ...
Read More »L&T named Second Strongest Global Engineering & Construction Brand
TBB BUREAU BHUBANESWAR, MAY 26, 2022 Larsen & Toubro (L&T), an Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing and Services, has been named as the ‘Second Strongest Brand’ among the top 50 Global Engineering and Construction (E&C) companies – by Brand Finance, the world’s leading brand valuation consultancy. L&T has also been ranked as the ‘Third Fastest Growing Brand’ ...
Read More »Vedanta Group certified as ‘Great Place to Work’ for the second consecutive year
TBB BUREAU NEW DELHI, MAY 26, 2022 In an endorsement of its industry-leading people practices that makes it an employer of choice, the Vedanta Group, India’s leading producer of metals and oil & gas, along with its business units, have been accredited as ‘Great Place to Work’, for the second consecutive time. Vedanta Group businesses including Cairn Oil & Gas, ...
Read More »National Mineral Congress to be held in Bhubaneswar on May 27
TBB BUREAU BHUBANESWAR, MAY 26, 2022 The Union Coal Ministry will be organizing the National Mineral Congress here on Friday with an aim to serve as a common platform to interact, thoughtfully deliberate and to decide effective ways and means for addressing this all-important issue by having brainstorming sessions that are suitably structured. Coal Secretary Anil Kumar Jain who is ...
Read More »NALCO FY22 net profit up 227 pc at Rs. 2,952 crore
TBB BUREAU BHUBANESWAR, MAY 25, 2022 Showing robust performance across all its business units, state-run National Aluminium Company Ltd (NALCO) on Wednesday reported its best-ever annual production and sales in FY2021-22 (FY22), registering highest ever revenue of Rs14,181 crore from operations and highest ever net profit (PAT) of Rs. 2,952 crore, respectively. Market dynamics has resulted in multifold increase in ...
Read More »12 lakh MSMEs in Bhubaneswar use Khatabook for managing business finance
TBB BUREAU BHUBANESWAR, MAY 25, 2022 Staying true to its commitment to making small businesses more efficient, fintech startup Khatabook plans to strengthen its presence in Bhubaneswar. The startup expects to grow its user base by 10 per cent in Bhubaneswar in 2022. As many as 12 lakh merchants are using Khatabook in the region to manage their business finances ...
Read More »Vedanta Aluminium sponsors sports gear for ‘Mo School’ Hockey Tournament at Jharsuguda
TBB BUREAU JHARSUGUDA, MAY 25, 2022 Vedanta Aluminium, India’s largest producer of aluminium, has sponsored sporting gear for teams participating in the ongoing ‘Mo School’ Hockey Tournament at Jharsuguda. Mo School Abhiyaan is an initiative by the Government of Odisha under its School & Mass Education Department, which aims to address the needs of school-going children and enable and support ...
Read More »Odisha Govt signs revised concession agreement with Gopalpur Port for its development
TBB BUREAU BHUBANESWAR, MAY 24, 2022 A revised concession agreement was signed between Gopalpur Port Limited and Odisha State Commerce & Transport Department on Tuesday for the development and expansion of the Port. The agreement was signed at the Commerce & Transport Department conference hall here today in presence of State Commerce & Transport Minister Padmanav Behera and Principal Secretary ...
Read More »Public hearing for JSW’s Narayanposhi mines held successfully
TBB BUREAU KOIRA, MAY 24, 2022 Residents of Harischandrapur, Koira, Kashira and Kusumdihi villages under Koira Tehsil on Tuesday unanimously extended their support to JSW Steel during the public hearing conducted to further environment clearance for the capacity expansion of Narayanposhi iron and manganese ore mines. Notably, JSW is planning to increase its iron ore production capacity with total excavation ...
Read More »Coal consumers highlight spiralling coal auction prices, seek urgent relief
TBB BUREAU NEW DELHI, MAY 24, 2022 The average bid price of coal at a recent spot e-auction conducted by Mahanadi Coalfields Limited rose more than 800% above the notified price, according to a representation by the Coal Consumers Association of India (CCAI), which has pointed this out as an example of how coal buyers in the country are being ...
Read More »Aditya Birla Fashion to raise Rs.2,195 Cr of primary capital from GIC
TBB BUREAU MUMBAI, MAY 24, 2022 The board of Aditya Birla Fashion and Retail Limited (“ABFRL”) in its meeting today approved raising of upto Rs.2,195 crore by way of preferential issuance of equity and warrants to an affiliate of GIC, Singapore’s sovereign wealth fund (“GIC”). GIC will invest Rs. 770 crore now towards subscription of equity and warrants, followed by ...
Read More »Parle Agro builds further growth opportunities for farmers, fruit processing partners
TBB BUREAU BHUBANESWAR, MAY 24, 2022 India’s largest beverage company, Parle Agro has always been at the forefront of innovation in the development of iconic fruit-based beverages like Frooti and Appy which have captured the hearts of India. In order to cater to the massive demand of their products nationally and globally, Parle Agro is focused on updating their internal ...
Read More »SAIL Q4FY22 net profit falls 28 pc to Rs 2,479 crore
TBB BUREAU NEW DELHI, MAY 24, 2022 State-owned Steel Authority of India Limited (SAIL) on Tuesday reported a 28 per cent fall in its consolidated net profit to Rs 2,478.82 crore for the fourth quarter (Q4FY22) ended March 2022, mainly on account of higher expenses. SAIL had clocked Rs 3,469.88 crore net profit during Q4FY21, the steel ...
Read More »Xiaomi and Leica Camera announce long-term strategic cooperation: A new era of mobile imaging begins in July
TBB BUREAU BEIJING (CHINA), MAY 24, 2022 Xiaomi, the world’s leading consumer electronics and smart manufacturing company, and Leica Camera, whose legendary reputation is based on a long tradition of excellent quality, innovative technologies and German craftsmanship, has officially announced their strategic cooperation in terms of mobile imaging. The first imaging flagship smartphone jointly developed by the two companies will ...
Read More »Vedanta’s iron ore unit launches campaign on environmental conservation measures
TBB BUREAU NEW DELHI, MAY 23, 2022 Vedanta’s Iron Ore Business, in view of International Day of Biological Diversity and World Environment Day, launched #SesaForGreenerGood campaign to highlight unique Biodiversity conservation and systematic Mine reclamation measures across all the business units. It was launched with a teaser to give a brief idea about the campaign through Social Media platforms including ...
Read More »Highest thermal coal rakes unloaded at Paradip Port
TBB BUREAU PARADIP, MAY 23, 2022 The Paradip Port Authority (PPA) unloaded as many as 40 thermal Coal rakes on Sunday which is the highest ever coal rakes unloading in a single day Of the 40 rakes, 30 BOBRN thermal coal rakes were unloaded at MCHP, 9 at PEQCTPL (JSW Terminal) and one BOXN Rake was unloaded manually. Commending the ...
Read More »Odisha SCTEVT, Jindal Stainless join hands to train future-ready stainless steel professionals
TBB BUREAU BHUBANESWAR, MAY 23, 2022 Odisha’s State Council for Technical Education & Vocational Training (SCTE&VT) on Monday signed a Memorandum of Understanding (MoU) with Jindal Stainless Limited (JSL) to promote technical education in the field of stainless steel and its various applications. Under this MoU, stainless steel courses will be introduced in all the Polytechnic colleges in Odisha from ...
Read More »‘Creation of eco village need of hour for environmental, ecological balance’
TBB BUREAU BHUBANESWAR, MAY 23, 2022 In the current scenario, to tide over the impact of climate change and disastrous environment, human beings need to change their lifestyle. There is also a need to set up eco retreat centres by young entrepreneurs at different places for ecological and environmental balance, opined environmentalist Ramkrishna Dash. Speaking at a seminar here to ...
Read More »NSDL launches “Market ka Eklavya- Express” in 75 cities to mark 75 years of Independence
TBB BUREAU MUMBAI, MAY 23, 2022 India’s largest depository, National Securities Depository Limited (NSDL) launched ‘Market ka Eklavya– Express’, an online investment awareness program for students that will be conducted in 8 different languages including Hindi. The program would serve as a beginner’s guide for investing for the youth. To mark the significance of Azadi Ka Amrit Mahotsav, an initiative ...
Read More »Jet Airways hires senior executives
TBB BUREAU GURUGRAM, MAY 23, 2022 Jet Airways is putting together a team of senior management as it prepares to restart operations in the July-September quarter. The Kalrock-Jalan consortium which is reviving the grounded airline, on Monday announced the appointment of senior executives in charge of engineering, inflight product and services, sales, and digital. The new recruits include Prabh Sharan ...
Read More »SAIL celebrates fifty years of incorporation with special logo
TBB BUREAU NEW DELHI, MAY 23, 2022 State-owned Maharatna steelmaking public sector unit Steel Authority of India Limited (SAIL) – incorporated on January 24, 1973 – is celebrating its fifty years of incorporation this year. SAIL’s legacy of fifty years is being celebrated with the launch of a new commemorative logo; and will be followed by several events to be ...
Read More »Dalmia Cement Rajgangpur Milan Club celebrates annual function
TBB BUREAU RAJGANGPUR, MAY 22, 2022 The annual function of the Milan Club at the premises of Dalmia Cement (Bharat) Limited in Rajgangpur was celebrated with fanfare on Sunday. Dalmia Cement (Bharat) Ltd. [DBCL] Senior Executive Director and National Manufacturing Head Ganesh Jirkuntwar graced the annual day celebration function as the chief guest. DBCL Executive Director & Rajgangpur Unit Head ...
Read More »Over 350 people benefit from Hindalco’s multi-specialty health camp
TBB BUREAU HIRAKUD, MAY 22, 2022 As many as 372 patients were treated at a multi-specialtyhealth camp organised by the Hirakud Unit of Hindalco at Mohamadpur High School in Mohamadpur here on Sunday with the objective of offering specialised healthcare facilities to the people in the region. The camp was inaugurated by Hindalco Hirakud Complex HR Head Krishna Padhi in ...
Read More »TTK Prestige launches exchange festival ‘Anything for Anything’
TBB BUREAU BHUBANESWAR, MAY 22, 2022 TTK Prestige, India’s leading kitchen appliances company, has launched an exciting ‘Anything for Anything’ exchange offer to empower home cooks to upgrade their kitchens. Consumers can exchange their old kitchenware and appliances for innovative new versions across different categories. There are attractive discounts on exchange, ranging from 25 to 60 percent. The offer will ...
Read More »Vedanta Aluminium bolsters efforts towards conserving biodiversity
TBB BUREAU NEW DELHI, MAY 22, 2022 On International Day of Biological Diversity, Vedanta Aluminium, India’s largest producer of aluminium, announced that it is intensifying efforts towards nurturing biodiversity in the areas of its operations in Odisha and Chhattisgarh, as part of its sustainable development agenda. The company has embarked on conservation projects for indigenous bird species that include constructing ...
Read More »GAIL’s natural gas supply reaches HMEL Refinery
TBB BUREAU BATHINDA (PUNJAB), MAY 21, 2022 Taking a major step to ensure the availability of natural gas for large customers, GAIL (India) Limited has laid a dedicated pipeline to supply the fuel to HPCL Mittal Energy Ltd.’s (HMEL) refinery in Bathinda. The Gas Receiving Station for the pipeline was inaugurated on Saturday by HMEL Managing Director and CEO Prabh ...
Read More »Tata Motors introduces the new Nexon EV MAX at Rs. 17.74 lakh
TBB BUREAU BHUBANESWAR, MAY 21, 2022 Committed to the rapid electrification of mobility in India, Tata Motors on Saturday launched an extension to India’s bestselling EV in the personal mobility segment, the new Nexon EV MAX, in Bhubaneswar. Bhubaneswar Municipal Corporation Mayor Sulochana Das, Tata Motors Ltd Territory Sales Manager Sabyasachi Das, Dealer Principal Manoj Kumar Sahoo, DION Automotive CEO ...
Read More »NTPC Chatti-Bariatu Coal Mining Project starts mining operation
TBB BUREAU RANCHI, MAY 21, 2022 Chatti-Bariatu Coal Mining Project of NTPC Ltd which had commenced its mining operations on April 25, 2022, achieved yet another milestone on Saturday by touching the coal seam after excavation to a depth of 7 meters approximately. With this excavation of Box-Cut has also commenced, which will pave the way to start coal production ...
Read More »Rourkela Steel Plant bags safety awards in HAZAN Competition-2022
TBB BUREAU ROURKELA, MAY 21 The employees of Steel Melting Shop–I and Raw Material Handling Plant of SAIL-run Rourkela Steel Plant, have bagged Safety awards in HAZAN (Hazard Analysis) Competition – 2022 organised recently by SAIL Safety Organisation (SSO), Ranchi. Senior Technicians JD Mohapatra and AK Samantara, and SMS–I MOMT SK Das won the third prize for their project “Preventing ...
Read More »Swayamsiddha Ladies Club organises cleanliness drive to mark Swachhta Pakhwada-2022
TBB BUREAU RANCHI, MAY 21, 2022 As part of the observance of Swachhta Pakhwada-2022, NTPC Coal Mining Headquarters Ranchi organised a program on cleanliness at Yogada Girls’ School and Marwari Govt Girls’ School, here on Saturday. The objective of observing the ‘Swachhta Pakhwada’ fortnight, as a part of the ‘Swachh Bharat Mission’, is to take up sanitation initiatives, and reinforce ...
Read More »Odisha CM lays foundation stones, inaugurates 13 industrial projects
TBB BUREAU BHUBANESWAR, MAY 20, 2022 Odisha Chief Minister Naveen Patnaik on Friday inaugurated three industrial projects worth over Rs 76.97 crore and performed ground-breaking of 10 projects of Rs 1,141.04 crore. These diversified projects ranging across food processing, tourism, paper/packaging, manufacturing, and polymers and plastic sectors will create potential employment for over 3,390 persons in the state. Some of ...
Read More »NTPC net profit jumps 12pc to Rs 5,199 cr in Q4FY22
TBB BUREAU NEW DELHI, MAY 20, 2022 Country’s largest power generator NTPC on Friday posted a nearly 12 per cent jump in consolidated net profit to Rs 5,199.51 crore in the March quarter, mainly on the back of higher revenues. The consolidated net profit of the company stood at Rs 4649.49 crore in the quarter ended on March 31, 2021, ...
Read More »Gosai Furniture opens new store in Bhubaneswar
TBB BUREAU BHUBANESWAR, MAY 20, 2022 Leading furniture solutions brand Gosai Furniture on Friday launched its new store in the Capital City of Odisha with the aim to enhance the quality of life of people through its innovative and exquisite furniture designs made with pure sheesham wood. Ollywood star Poonam Mishra inaugurated the store. To give a royal feel to ...
Read More »Individual best performances to make RSP best in the country, says DIC Bhowmick
TBB BUREAU ROURKELA, MAY 20, 2022 “Like drops of water makes the mighty ocean, individual best performances of departments in different parameters will make our Steel Plant best in the country,” said Atanu Bhowmick, Director In-Charge, Rourkela Steel Plant (RSP) while addressing at the 865th Mass Contact Exercise organised at Gopabandhu Auditorium, here on Friday. In his address, Bhowmick discussed ...
Read More »RBI to pay Rs 30,307 crore dividend to govt for FY22
TBB BUREAU MUMBAI, MAY 20, 2022 Reserve Bank of India (RBI) board in its 596th meeting held on Friday, approved a dividend payment of Rs 30,307 crore to the government for the financial ended March 2022. The Central Board of Directors of RBI, headed by Governor Shaktikanta Das, approved the transfer of Rs 30,307 crore as surplus ...
Read More »Metal sector can play major role towards self-reliant India, $5-trillion economy by 2024-25: Faggan Singh Kulaste
TBB BUREAU NEW DELHI, MAY 20, 2022 Union Minister of State for Steel and Rural Development Faggan Singh Kulaste on Friday said that due to the huge availability of minerals in the country, metal sector can play a major role in the country’s ambitious plans of self-reliant India and US$ 5 trillion economy by 2024-25. Steel is one of the ...
Read More »Vande Bharat Express to connect all regions: Vaishnaw
TBB BUREAU CHENNAI, MAY 20 The Indian Railways will connect the country’s different regions with Vande Bharat Express trains, informed Union Railway Minister Ashwini Vaishnaw here on Friday. Congratulating the Integral Coach Factory (ICF) team for designing and rolling out the modern train Vande Bharat Express, Vaishnaw said it is a proud project for Indian Railways. “All regions of India ...
Read More »Duroflex launches Summer Story ’22
TBB BUREAU BHUBANESWAR, MAY 20, 2022 Duroflex, India’s leading sleep solutions brand, has recently launched the ‘Summer Story 22’ Collection in the bed linen category. The new ‘Summer Story’ collection is crafted to bring in a burst of summer colours into sleep space while striking a fine balance between style and health. This entire collection will truly allow one to ...
Read More »Orissa Stevedores Limited donates Rs 10 lakh to Manam Foundation
TBB BUREAU BHUBANESWAR, MAY 20, 2022 Continuing its people friendly CSR activities, Orissa Stevedores Limited (OSL) has donated Rs 10 lakh to Manam Foundation, a not-for-profit organisation working for improving, developing, and sustaining mental health of various target groups that need special attention and efforts for their mental wellness. On behalf of OSL Group, Executive Director (HR & IR) PK ...
Read More »HCLF holds HCL Grant symposium on ‘CSR for Nation Building’ in Bhubaneswar
TBB BUREAU BHUBANESWAR, MAY 20, 2022 HCL Foundation (HCLF), the CSR arm of IT major HCL Technologies, on Friday hosted the 8th edition of the HCL Grant Pan India Symposiums 2022 on the theme “CSR for Nation Building” for NGOs, at XIM University here with the aims to build capacities through critical masterclass and panel discussions with experts. It was ...
Read More »Agri-tech Start-ups critical to India’s future economy: Union Minister Jitendra Singh
TBB BUREAU NEW DELHI, MAY 20, 2022 Union Minister of State for Science and Technology, Jitendra Singh on Friday said that Agri-tech Start-ups are critical to India’s future economy. Addressing a Conclave-cum-Exhibition on Agri-Tech and Food-Tech in the Royal city of Mysuru, Singh said, a new wave of Agri-tech Startups has come up in India in the last few years ...
Read More »Vedanta Aluminium launches ‘Jal Seva Shibir’ in Jharsuguda
TBB BUREAU JHARSUGUDA, MAY 19, 2022 As part of its corporate social responsibility, the Jharsuguda Unit of Vedanta Aluminium has launched ‘Jal Seva Shibir’ to provide drinking water to local communities, to offer relief from the summer heat. Water kiosks have been set up at Bhurkamunda village, Sarbahal Chowk, Jharsuguda Railway Station and Bus Stand, in association with NGO Sehada, ...
Read More »Disney Star launches dedicated Odia channel ‘Star Kiran’
TBB BUREAU BHUBANESWAR, MAY 19, 2022 India’s leading television network Disney Star today announced the launch of a dedicated Odia general entertainment channel – Star Kiran – which will premiere on June 6. Odia viewers can now experience content that is deeply entrenched in the values and culture of the land with stories of inspiration, hope and progress. The network ...
Read More »Discoms unlocking Odisha’s growth potential
Sanjay Banga Odisha had made tremendous strides in the last couple of decades to become one of the fastest-growing states, rebooting effectively from the Covid impact. It is among the first few states in India to quickly bounce back to the pre-Covid level growth rate. According to Odisha’s Economic Survey 2021-22 released recently, the Gross Domestic Product (GDP) of the ...
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