Mumbai, October 18, 2024 (TBB Bureau): Vedanta Limited, a leading global natural resources company, has announced a significant new investment of Rs 1 lakh crore in Odisha, further solidifying its long-standing partnership with the state. This strategic move is expected to generate 2 lakh new employment opportunities and propel Odisha closer to its ambitious goal of becoming a half-trillion-dollar economy ...
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NSDL reaches historic milestone: Rs 500 lakh crore in dematerialized securities
Mumbai, October 18, 2024 (TBB Bureau): National Securities Depository Limited (NSDL), one of the world’s leading securities depositories, has reached a significant milestone, with the value of securities held in dematerialized form crossing Rs 500 lakh crore (equivalent to US $6 trillion). This achievement underscores NSDL’s pivotal role in the evolution of India’s financial markets and its growing significance in ...
Read More »Tanishq strengthens footprint in Odisha with three new store launches in 24 hours
Bhubaneswar, October 18, 2024 (TBB Bureau): Tanishq, India’s leading jewellery brand from the house of Tata, has made a significant expansion in Odisha by launching three grand stores within 24 hours. This remarkable achievement underscores the brand’s commitment to enhancing its presence in the state and bringing world-class jewellery closer to its patrons. The new stores are located at: Patrapada, ...
Read More »TBZ-The Original expands its footprint in Odisha with opening of new store in Rourkela
Rourkela, October 18, 2024 (TBB Bureau): TBZ-The Original, India’s prestigious and heritage-rich jewellery brand, has officially opened its doors in Rourkela, marking its first store in the Steel Capital of Odisha and its second in the state. The new store, located in Uditnagar, brings the brand’s celebrated legacy of 160 years, established in 1864 in Mumbai’s Zaveri Bazar, to the ...
Read More »Reliance Brands and Mothercare form joint venture to expand in South Asia
Mumbai, October 17, 2024 (TBB Bureau): In a significant move to bolster its presence in the South Asian market, Reliance Brands Holding UK Limited (RBL UK), a wholly-owned subsidiary of Reliance Brands Limited, has announced a joint venture with Mothercare Global Brand Limited. This new entity will own the Mothercare brand and its intellectual property across India and neighboring regions, ...
Read More »India set to emerge as a global biomanufacturing hub: Union Minister Dr. Jitendra Singh
New Delhi, October 17, 2024 (TBB Bureau): India is on course to becoming a global biomanufacturing hub driven by cutting-edge science and technology, Union Minister of State for Science and Technology, Dr. Jitendra Singh, sai on thursday. Addressing the Golden Jubilee celebrations and Milestone Observation Program at the CSIR-NIIST campus in Thiruvananthapuram, Dr. Singh emphasized the need for India to ...
Read More »Indian Railways reduces advance reservation period to 60 days from November 1, 2024
New Delhi, October 17, 2024 (TBB Bureau): In a significant policy shift, the Ministry of Railways has announced a reduction in the Advance Reservation Period (ARP) for train tickets from 120 days to 60 days, effective from November 1, 2024. This change, aimed at improving ticket availability for genuine travellers and reducing the rate of cancellations and no-shows, excludes the ...
Read More »Odisha’s MSME Sector embraces digital transformation through CII’s Digital Saksham Program
Bhubaneswar, October 17, 2024 (TBB Bureau): The Micro, Small, and Medium Enterprises (MSME) sector in Odisha is undergoing a dynamic digital revolution, propelled by the Confederation of Indian Industry’s (CII) groundbreaking Digital Saksham program. Supported by Mastercard, this innovative initiative is empowering micro enterprises across 13 states and over 55 industrial clusters, bridging the gap between traditional business models and ...
Read More »Revenue of secondary long-steel makers to rise 7pc in FY25: CRISIL
Mumbai, October 17, 2024 (TBB Bureau): Secondary long-steel producers are set to witness a 7 per cent rise in revenue this fiscal, up from 4 per cent in the previous year, driven by strong domestic demand fueled by central government expenditure on housing and infrastructure projects. According to CRISIL Ratings, this growth is backed by improved operating leverage and declining ...
Read More »Maruti Suzuki India reaches 1 crore production milestone at Manesar facility
New Delhi, October 17, 2024 (TBB Bureau): Maruti Suzuki India Limited (MSIL) has achieved a significant milestone, crossing the 1 crore cumulative production mark at its Manesar facility in Haryana. The company announced on Thursday that this accomplishment makes the Manesar plant the fastest among Suzuki’s global manufacturing units to achieve this feat, doing so in just 18 years. Hisashi ...
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