TBB BUREAU BHUBANESWAR, MARCH 21, 2022 With the alarming shortage in supply of coal rakes for industries now also extending to road-based supplies, an increasingly worried Aluminium Association of India (AAI) has written to the Prime Minister’s Office, Coal Minister, and Cabinet Secretary, seeking their urgent intervention to ward off the imminent disruptions to the sector. It has been prompted ...

TBB BUREAU BHUBANESWAR, MARCH 21, 2022 The National Bank for Agriculture and Rural Development (NABARD) has sanctioned financial assistance of Rs.4013 crore to the Odisha Government, highest in the country, for critical rural infrastructure development in the state under Rural Infrastructure Development Fund (RIDF) during the FY 2021-22. During the year, major thrust has been given to the improvement in ...

TBB BUREAU BHUBANESWAR, MARCH 21, 2022 Adding yet another feather to its cap of scripting scores of success stories, Odisha’s veteran stevedoring firm Orissa Stevedores Limited (OSL), under the able stewardship of its Managing Director Mahimananda Mishra, has achieved its mission of handling and transferring heavy lift cargo via riverine navigation from Paradip Port.  Accordingly, OSL has been successful in ...

TBB BUREAU BHUBANESWAR, MARCH 21, 2022 Leading steelmaker Jindal Steel & Power (JSP) has been honoured with CSR Excellence Award for its multidimensional initiatives in supporting the community and government to fight the COVID-19 pandemic in India. The prestigious award was presented by Maharashtra Governor Bhagat Singh Koshyari to Jindal Steel & Power President & Group Head (CSR) Prashant Hota ...

TBB BUREAU BHUBANESWAR, MARCH 21, 2022 Groundwater – which exists almost everywhere underground – has the potential to save hundreds of thousands of lives and be the world’s insurance policy against climate change. On the occasion of World Water Day, 2022, WaterAid is releasing a Report, titled “Groundwater: The world’s neglected defence against climate change”, which throws sharp focus into ...

TBB BUREAU NEW DELHI, MARCH 20, 2022 Red Fort Festival – Bharat Bhagya Vidhata, one of the world’s largest cultural extravaganzas, will be held from March 25th until April 3rd, 2022, at the country’s iconic 17th century monument in New Delhi, Red Fort. Conceptualized by the Union Culture Ministry and Red Fort’s ‘Monument Mitra’ Dalmia Bharat Group, the 10-day event ...

TBB BUREAU MUMBAI, MARCH 20, 2022 Reliance Industries Ltd (RIL) backed Retail Retail Ventures Ltd (RRVL) on Sunday said it acquired a majority stake in Purple Panda Fashions Private Limited which owns and operates the women’s lifestyle brand Clovia for Rs 950 crore. RRVL announced the acquisition of 89 percent equity stake in Purple Panda Fashions Private Limited with an ...

TBB BUREAU SAMBALPUR, MARCH 20, 2022 Mahanadi Coalfields Limited (MCL) on Sunday achieved a milestone in the history of coal producing companies in the country by successfully dispatching over 170 million tonnes of dry fuel to the consumers during the current financial year (FY 2021-22). At the end of March 19, 2022, MCL was able to dispatch 170.2 million tonnes ...

TBB BUREAU NEW DELHI, MARCH 20, 2022 Union of Minister of Coal, Mines and Parliamentary Affairs Pralhad Joshi on Sunday said that India’s total geographical area under mining has increased substantially during the last few years and the sector is providing employment opportunities to 12 million people across the country, both directly and indirectly. Addressing the 36th International Geological Congress ...

TBB BUREAU NEW DELHI, MARCH 19, 2022 India’s largest Iron Ore producer National Mineral Development Corporation Ltd. (NMDC) became the first company in the country to cross 40 million tonnes (MT) iron ore production in a year. From a production of 4 MTPA (million tonnes per annum) in the late 1960s to 40 million tonnes now, the growth trajectory of ...