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Odisha gets Rs 6,995.58 cr for railway projects

TBB BUREAU BHUBANESWAR, FEB 4, 2021 The Union Government has allocated Rs 6,995.58 crore to Odisha for financial year 2021-22 for various railway projects in the state. registering an increase of over 60 per cent against last year’s budgetary allocation of Rs 4,373 crore, the East Coast Railway (ECoR) said today. “Allotment has been significant for projects to be completed ...

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Khurda Road Dvn DRM visits JSPL’s Angul plant, focuses on effective coordination

TBB BUREAU ANGUL, FEB 4 East Coast Railway’s Khurda Road Division Divisional Railway Manager Sashi Kant Singh today visited Jindal Steel & Power Ltd (JSPL)’s integrated steel complex at Angul to discuss mutual cooperation and growth. Accompanied by JSPL’s Managing Director VR Sharma and other senior officials, Singh visited various units of the plant and discussed better collaboration between JSPL ...

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RSP begins year 2021 on a record monthly performance

TBB BUREAU ROURKELA, FEB 4, 2021 Rourkela Steel Plant (RSP) began the calendar year 2021 with a record monthly performance in January. Continuing the success spree with which it had ended the year 2020, the Steel Plant marched ahead to register the best ever monthly saleable steel production in the first month of the year. RSP produced 3,31,003 tonnes of ...

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Dalmia Cement distributes blankets

TBB BUREAU BHUBANESWAR, FEB 4, 2021 In view of the severe cold caused by the outbreak of cold wave, the CSR wing of Dalmia Cement (Bharat) Limited’s Lanjiberna Limestone and Dolomite Mines distributed blankets among 500 senior citizens of Lanjiberna and Kheramuta villages of Sundargarh district. The blanket distribution programme was inaugurated by Sangam Mahila Mandal President Sunita Gupta. Tapan ...

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Reliance Marcellus to sell its upstream assets in Pennsylvania

TBB BUREAU MUMBAI, FEB 4, 2021 Reliance Marcellus, LLC, a wholly owned subsidiary of Reliance Industries Limited toay announced the signing of agreements to divest all of its interest in certain upstream assets in the Marcellus shale play of south-western Pennsylvania. These assets, which are currently operated by various affiliates of EQT Corporation, have been agreed to be sold to ...

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Odisha Govt assures all necessary support to SAIL

TBB BUREAU BHUBANESWAR, FEB 3, 2021           The Odisha government today assured all necessary support to the Steel Authority of India Limited (SAIL) and urged the CPSU to undertake more corporate social responsibility (CSR) activities in the state.           The state government’s assurance was given by Chief Minister Naveen Patnaik when SAIL’s newly appointed Chairperson Soma Mandal met him today. ...

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Sensex closes above 50,000-mark for first time

TBB BUREAU MUMBAI, FEBRUARY 3, 2021 Riding on the post-Budget euphoria and positive global cues the BSE Sensex closed above the historic 50,000-mark for the first time ever today. After touching a record intra-day high of 50,526.39, the 30-share BSE benchmark ended at 50,255.75, up 458.03 points. Similarly, the broader NSE Nifty surged 142.10 points to its fresh closing record ...

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MaxBupa Health Insurance starts operation in Odisha

TBB BUREAU BHUABNESWAR, FEB 3, 2021 Max Bupa, one of India’s leading standalone health insurance players, today announced its expansion plans in Bhubaneswar and other markets of Odisha, as part of its business expansion plan. The company which started its operations in Bhubaneswar, Sambalpur and Berhampur today, targets to clock Rs 25 crore gross written premium from Odisha, including Rs 15 ...

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SBI Life Insurance registers New Business Premium of Rs. 14,437 cr

TBB BUREAU BHUBANESWAR, FEB 3, 2021 Private life insurer SBI Life Insurance registered a New Business Premium of Rs. 14,437 crore for the period ended on 31st December, 2020 against Rs. 12,787 crore in the year-ago period. Single premium increased by 42 percent over the corresponding year. Establishing a clear focus on protection, SBI Life’s protection new business premium stood ...

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SBI launches ‘YONO Super Saving Days’ carnival

TBB BUREAU MUMBAI, FEB 2, 2021 Country’s largest lender State Bank of India (SBI) has announced the launch of its unique shopping carnival – ‘YONO Super Saving Days’. Commencing on the 4th of February, the four-day shopping extravaganza which is concluding on the 7th is all set to offer an exclusive range of discounts and cashback to the users of ...

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