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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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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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, ...

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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 ...

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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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