Mumbai, 12 November 2024 (TBB Bureau): In a significant move to promote sustainable practices and contribute to local communities, Tecnimont Private Limited (TCMPL), a subsidiary of MAIRE’s Integrated Engineering and Construction (E&C) Solutions, has joined hands with Paradeep Municipality and the National Institute of Technology, Karnataka – Surathkal (NITK) to develop a state-of-the-art biogas plant at Paradeep, in Jagatsinghpur district ...

Mumbai, November 12, 2024 (TBB Bureau): Blue Dart Express Limited, South Asia’s leading express air and integrated transportation and distribution logistics company, announced its financial results for the second quarter ending September 30, 2024, at its Board Meeting held in Mumbai. The company reported a revenue of Rs 1,448.46 crore for the quarter, underscoring its strong position in the logistics ...

New Delhi, November 11, 2024 (TBB Bureau): The stage is set, and anticipation is high as Vedanta’s Kalinga Lancers prepare for a stellar return to the Hockey India League (HIL) after a seven-year hiatus. The much-awaited season, scheduled from December 28, 2024, to February 1, 2025, promises high-octane action as eight elite teams vie for the prestigious HIL championship title. ...

Paradip, November 11, 2024 (TBB Bureau): Paradip Port Authority (PPA), India’s leading major port, has taken a landmark initiative in employee wellness by partnering with Sri Sri Hospital, Cuttack, to introduce Ayurvedic treatment facilities for its workforce. This strategic collaboration was formalized with the signing of a Memorandum of Understanding (MoU) in the presence of renowned spiritual leader and founder ...

Mumbai, November 11, 2024 (TBB Bureau): The Reserve Bank of India (RBI) has introduced an operational framework allowing foreign portfolio investors (FPIs) to reclassify their holdings as foreign direct investment (FDI) if they breach the stipulated investment limit. This regulatory move aims to streamline foreign investments and ensure compliance with sectoral FDI policies. Currently, FPIs are restricted to holding less ...

New Delhi, November 11, 2024 (TBB Bureau):  The Life Insurance Corporation of India (LIC), the country’s largest life insurer, reported a substantial 22.52% growth in new business premiums, amounting to Rs 1,32,680.98 crore in the first seven months of the fiscal year FY25. This figure, revealed in LIC’s latest financial data, marks a significant increase from the Rs 1,08,289.78 crore ...

Sambalpur, November 10, 2024 (TBB Bureau): Odisha’s Minister for Revenue and Disaster Management, Suresh Pujari, has emphasized the critical need for responsible fly ash disposal and management in the state’s industrial regions. This pressing call for action was highlighted during a key review meeting held at the Southern Revenue Division office in Sambalpur on Sunday, where officials discussed environmental challenges ...

Bhubaneswar, November 9, 2024 (TBB Bureau): In a landmark development for India’s drone technology and logistics sectors, Odisha-based deep tech startup Bon V Aero launched Air Orca, the nation’s first fully autonomous logistics drone. The event, hosted at C.V. Raman Global University, was made even more significant by the presence of renowned U.S. venture capitalist Tim Draper, an early backer ...

Bhubaneswar, November 9, 2024 (TBB Bureau): In a swift response to a minor incident, AM/NS India confirmed a leakage in the slurry pipeline outside its Dabuna Beneficiation Plant earlier on Saturday. The issue was detected at 10:24 am, leading the team to immediately halt pumping operations to prevent any further impact. “Today morning at 10.24 am, there was a minor ...

Bhubaneswar, November 9, 2024 (TBB Bureau): The Girls in Aviation Day 2024, celebrated at Rama Devi Women’s University in Bhubaneswar, inspired young women to envision a future in aviation. This impactful event, organized by the Odisha Commerce and Transport Department in partnership with Women in Aviation India (WAI), was themed “Empowering Dreams to Soar.” It showcased the state’s commitment to ...