TBB BUREAU MUMBAI, JANUARY 11, 2021 In a continued focus to put its customers’ interests at the forefront, Axis Bank, India’s third-largest private sector bank, on Monday announced the removal of penalty on premature closure of all new retail term deposits booked on or after December 15, 2020 for a tenure of 2 years or more. The objective of this ...

TBB BUREAU NEW DELHI, JANUARY 11, 2021 Global power transmission player Sterlite Power on Monday announced that it has raised Rs 200 crore in debt financing from Allianz Global Investors (Allianz GI), one of the world’s leading investment managers with a focus on sustainable investments. This transaction is one of the first infrastructure sector financing deals for Allianz GI in ...

TBB BUREAU NEW DELHI, JANUARY 11, 2021 Vehicle registrations in December 2020 registered an 11 per cent growth on a year-on-year (YoY) basis, the first positive growth in a month in the current financial year, largely due to festival spill over demand and pre-buying due to announcement of price hike in January ’21. Data released by the Federation of Automobile ...

TBB BUREAU TIKIRI/RAYAGADA, JAN 10 A cleanliness drive along with a mass awareness programme on health and hygiene was conducted at Dwimundi village, here today with proactive participation of the villagers and Utkal Alumina International Limited (UAIL) staff. The main objective activity of this activity was creating awareness on the importance of cleanliness and mobilizing people to maintain the best ...

TBB BUREAU NEW DELHI, JANUARY 9, 2021 Vedanta Aluminium has bagged the ‘Most Innovative Best Practice’ Award at the Digital Transformation (DX) Summit & Awards 2020. Organized by CII – Centre for Digital Transformation (CDT), the DX Award provides a prestigious platform for the industry’s best to showcase superlative efforts and achievements in the realm of digital transformation, offering unparalleled ...

TBB BUREAU BHUBANESWAR, JANUARY 9, 2021 Tata Steel Foundation is all set to organise ‘Dhwani’, a youth conclave on January 11-12. Coinciding with National Youth Day, the fourth edition of Dhwani will be hosted on virtual platforms this year. Revolving around the United Nations theme for International Youth Day, Dhwani aspires to provide a platform to youngsters to network and ...

PRIYABRAT BISWAL BHUBANESWAR, JANUARY 9, 2021 Fast fashion brand and international retailer Hennes and Murtitz AB (H&M) entered the Odisha market with opening of a new store in Bhubaneswar on Saturday. The world’s second largest fashion retailer H&M, which had made its India debut in the Select Citywalk Mall in New Delhi in October 2015, opened doors to its latest ...

TBB BUREAU BHUBANESWAR, JANUARY 8, 2021 Mineral Exploration Corporation Limited (MECL) has entered into an agreement with Odisha Mineral Exploration Corporation Limited (OMECL) for augmenting the exploration of the rich mineral resources in Odisha. A memorandum of understanding (MoU) to this effect was signed by Ranjit Rath, CMD, MECL and Vineel Krishna, Managing Director OMECL, at Bhubaneswar on Friday in ...

TBB BUREAU TALCHER (ANGUL), JANUARY 8, 2021 Coal India Limited (CIL) would cross 650 million tonne production mark during the current financial, CIL Chairman Pramod Agrawal said on Friday. Coal India had produced 405 million tonne coal by third financial quarter ending December 31, 2020, which has a contribution of 101.8 million tonne from Odisha-based Mahanadi Coalfields Limited (MCL).  Agrawal ...

TBB BUREAU MUMBAI, JANUARY 8, 2021 With an aim to offer attractive concessions to the home buyers, country’s largest lender, State Bank of India (SBI) on Friday announced further interest concession of upto 30 bps on home loans and 100 percent waiver on processing fees. “SBI, being a leader in home finance, will continue to make endeavours in reviving consumer ...