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Vedanta ‘preferred bidder’ for Sijimali Bauxite Block in Odisha

TBB BUREAU NEW DELHI, FEB 15, 2023  Billionire Anil Agarwal-led Vedanta Limited has been declared as the preferred bidder for Sijimali bauxite block, located in Rayagada and Kalahandi districts of Odisha, under the mineral block auction conducted by the Government of Odisha. The block has estimated reserves of 311 million tonnes of bauxite. The block is a strategic fit for ...

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Dalmia Bharat Foundation becomes Ni-Kshay Mitra of Sundergarh District

TBB BUREAU RAJGANGPUR, FEB 15, 2023 The Rajgangpur unit of Dalmia Bharat Foundation has been chosen as the Ni-Kshay Mitra of Sundergarh District under the Pradhan Mantri TB Mukta Bharat Abhiyan (PMTBMBA). The Ni-Kshay Mitra program was launched at the Community Health Centre (CHC) Rajgangpur on Wednesday with support from Dalmia Cement Bharat Limited, Rajgangpur unit. Sundargarh Chief District Medical ...

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TPCODL implements One Time Settlement Scheme for customers

TBB BUREAU BHUBANESWAR, FEB 15, 2023 Tata Power Central Odisha Distribution Limited (TPCODL) has implemented One Time Settlement (OTS) scheme approved by the Odisha Electricity Regulatory Commission (OERC) to provide relief to customers for payment of the outstanding arrears. This unique scheme provides up to 30 per cent rebate on electricity arrears outstanding as on May 31,2020. All Low Tension ...

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Entrepreneurial development, digital literacy key to women empowerment.

TBB BUREAU BHUBANESWAR, FEB 15, 2023             Women in Odisha are managing their family requirements through working in Self-help groups (SHGs). Small scale businesses started at individual level are now designated as small industries. With the earnings from these small businesses women are now able to avail home, education and renewable resources loans and participate in overall growth of their ...

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Vedanta Resources reduces net debt by $2 billion in FY23, ahead of plans

TBB BUREAU LONDON, FEB 15, 2023 Billionaire Anil Agarwal’s Vedanta Resources Limited, the parent company of Vedanta Limited, has slashed net debt by $2 billion in the current financial year as it seeks to soothe investor concern over its liquidity and ability to repay upcoming obligations. Powered by robust domestic consumption in the fastest growing major economy, Vedanta Resources Ltd. ...

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EKA Mobility gets Letter of Allotment for 310 electric buses from CESL

TBB BUREAU MUMBAI, FEB 15, 2023 Electric vehicles & technology company EKA Mobility on Wednesday announced that it has received Letter of Allotment (LoA) for procurement, operation, and maintenance of 310 electric buses on gross cost contracting, from Convergence Energy Services Ltd’s recently concluded tender for 6,465 electric buses. The tender was rolled out by state-owned Convergence Energy Services Ltd, ...

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CBDT notifies I-T Return forms for Assessment Year 2023-24

TBB BUREAU NEW DELHI, FEB 15, 2023 The Central Board of Direct Taxes (CBDT) has notified Income-tax Return Forms (ITR Forms) for the Assessment Year 2023-24 vide Notifications No. 04 & 05 of 2023 dated 10.02.2023 and 14.02.2023. These ITR forms will come into effect from 1st April, 2023 and have been notified well in advance in order to enable ...

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GfK India joins hands with Global Business Summit as ‘Intelligence Partner’

TBB BUREAU NEW DELHI, FEB 15, 2023 GfK, a global leader in market and consumer intelligence since 1934, has announced its participation as the ‘Intelligence Partner’ at the 7th edition of Global Business Summit.  This year’s event, under the theme of ‘Resilience, Influence, Dominance,’ will feature the presence of Indian Prime Minister Narendra Modi, and will serve as a platform ...

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Vikas Gupta joins Vitesco Technologies as Head of Finance for India business

TBB BUREAU PUNE, FEB 15, 2023 Vitesco Technologies, a leading international supplier of advanced powertrain technologies and solutions for e-mobility, has appointed Vikas Gupta as the Head of Finance for the India business. He will be in charge of the financial operations which include financial planning & analysis, reporting, taxation, risk management and treasury operations for the overall Vitesco business ...

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IAC 2023: Nearly 400 industry leaders from across the globe deliberate on sustainability of aluminium industry

TBB BUREAU JHARSUGUDA, FEB 14, 2023 Vedanta Aluminium, India’s largest producer of aluminium, hosted the inaugural edition of the International Aluminium Conference 2023 on February 9-10, 2023, at its operations in Jharsuguda, Odisha. Held in partnership with the Aluminium Association of India, the event featured the who’s who of the global aluminium industry and allied sectors, with nearly 400 customers ...

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