TBB BUREAU BHUBANESWAR, MAR 27, 2024 Global diversified professional services and investment management company Colliers has clinched a significant Rs 220 crore Design & Build Turnkey assignment from EPIC Designers, a Hong Kong-based sustainable fashion company, to establish its inaugural manufacturing unit in India. EPIC Group has acquired 40 acres of land at the IDCO Industrial Estate in Bhubaneswar, Odisha, ...
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Adani Ports acquires Gopalpur Port in Odisha for Rs 3,080 crore
TBB BUREAU AHMEDABAD, MAR 26, 2024 Adani Ports and Special Economic Zone Ltd (APSEZ) on Tuesday announced its acquisition of a majority stake in Gopalpur Port Limited (GPL), marking a significant move in the realm of port operations. APSEZ secured a 56% stake from the SP Group and 39% from Orissa Stevedores Limited (OSL) in GPL for a sum of ...
Read More »Demand surges for under-construction properties amidst rising residential prices: Magicbricks Report
TBB BUREAU NEW DELHI, MAR 26, 2024 In 2023, as residential prices soared, a noticeable trend emerged, favoring under-construction properties for investment and home ownership, according to the latest PropIndex report by Magicbricks, India’s leading real estate platform. The report indicates a significant 7.8% quarter-on-quarter (QoQ) increase in demand for under-construction properties between January and March 2024. Correspondingly, prices experienced ...
Read More »Eurogrip Tyres launches gripping brand campaign featuring MS Dhoni and CSK stars
TBB BUREAU CHENNAI, MAR 26, 2024 Eurogrip Tyres, India’s leading 2 & 3-wheeler tyre brand, has launched a comprehensive brand campaign focusing on the superior grip of Eurogrip tyres. The campaign highlights ad films featuring M S Dhoni and his CSK team members, Deepak Chahar and Ruturaj Gaikwad, engaged in light-hearted banter drawing parallels between grip while playing cricket and ...
Read More »Indian steelmakers stride towards lower carbon emissions: CRISIL
TBB BUREAU BHUBANESWAR, MAR 26, 2024 Domestic primary steelmakers are making significant strides towards achieving their carbon emissions target of less than 2 tonnes of carbon dioxide per tonne of crude steel (tCO2/tcs) by 2030. This target, around the current global average, is expected to be met through measures such as energy transition and increasing production from less carbon-intensive processes. ...
Read More »TPWODL restores power supply amid challenging conditions in Western Odisha
TBB BUREAU SAMBALPUR/BURLA, MAR 24, 2024 TPWODL, the power distribution company serving Western Odisha, swiftly restored a disrupted 33KV line caused by heavy rainfall and strong winds in Padiyabahal and Maneswar areas of Sambalpur district on Thursday, overcoming challenging conditions. The relentless rainfall and strong winds on Wednesday night led to the dangerous tilting of several 33KV poles, posing a ...
Read More »TPSODL observes ‘Earth Hour’
TBB BUREAU BERHAMPUR, MAR 24, 2024 In an effort to combat environmental degradation and mitigate the impacts of climate change, Tata Power Southern Odisha Distribution Limited (TPSODL) observed ‘Earth Hour’. This encourages consumers to dedicate 60 minutes to the planet by powering down their lights from 8:30 PM to 9:30 PM on Saturday. The response to this observance has been ...
Read More »ICSI-EIRC hosts ‘Fagun’ seminar and ‘Holi Meet’
TBB BUREAU KOLKATA, MAR 24, 2024 The Eastern India Regional Council of the Institute of Company Secretaries of India (ICSI-EIRC) orchestrated a dynamic gathering titled “Fagun,” comprising a seminar followed by a vibrant ‘Holi Meet’ on Saturday, in Kolkata. The event proved to be a convergence of insightful discussions, strategic announcements, and festive celebrations, marking a significant milestone for the ...
Read More »Jindal Steel and Power in Angul marks Earth Hour 2024 with enthusiasm
TBB BUREAU ANGUL, MAR 24, 2024 Jindal Steel and Power (JSP), situated in Angul, marked Earth Hour 2024 with fervor and enthusiasm on Saturday. The event witnessed the active involvement of Executive Director Pankaj Malhan, alongside Damodar Mittal, Executive Director overseeing the Angul location, and the entire Jindal Nagar community, including residents and members of the local populace. As part ...
Read More »MCL becomes the first company to achieve 200 MT coal production
TBB BUREAU SAMBALPUR, MAR 24, 2024 Mahanadi Coalfields Limited (MCL) has made history by becoming the first company ever to achieve the remarkable milestone of 200 million tonnes (MT) of coal production in a single financial year, setting a new benchmark in the coal sector. A wave of jubilation swept across MCL, which operates in Angul, Jharsuguda, and Sundargarh districts ...
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