Odisha Business News
Archive Year: Month:
SAIL Must Leverage Its R&D Strengths to the Fullest for Improving the Performance of the Steel Industry in India Friday, July 22, 2016 New Delhi: The Minister of Steel, Chaudhary Birender Singh reviewed the performance of Steel Authority of India Limited (SAIL) today at Steel Ministry in Udyog Bhawan New Delhi. The Minister of State for Steel Shri Vishnu Deo Sai, the Secretary Steel, Ms. Aruna Sundararajan, senior offic... World Bank, IMF projected India's growth will continue Friday, July 22, 2016 New Delhi: World Bank’s Report on Global Economic Prospects, published in June 2016, projected that India’s growth will be 7.6 per cent in 2016-17 and will improve to 7.7 per cent in 2017-18. The International Monetary Fund (IMF), in its World Economic Outlook (WEO), publishe... Fitch Affirms India's Adani Ports and SEZ at 'BBB' - Outlook Stable Friday, July 22, 2016 Ahmedabad: Adani Ports and Special Economic Zone Limited (APSEZ) today informed the Stock Exchanges that Fitch Ratings, Singapore has affirmed India-based APSEZ’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BBB-‘. The Outlook is Stable. The agency has als... IMFA's Sukinda Mines wins award for safety, welfare Drive and Water management Friday, July 22, 2016 Bhubaneswar: Sukinda Chromite Mines of Indian Metals and Ferro Alloys (IMFA)  received  award for  safety & welfare drive for contractual workers in mines and water management  at the concluding day function of half yearly safety week. Odisha Metalliferous Mines S... Governor of Jharkhand inaugurates Van Srijan initiative at Tata Power's Maithon power plant Thursday, July 21, 2016 Maithon: Maithon Power, a 74:26 joint venture between Tata Power and Damodar Valley Corporation, has been relentlessly contributing towards the conservation of environment. In line with its commitment to sustainable growth and environment protection, Maithon Power(MPL) today commenced &l... Half-yearly safety week celebrations of the Odisha Metalliferous mines safety week celebrations committee, 2016-17 Thursday, July 21, 2016 Report by Odisha Diary bureau, Bhubaneswar: Under the Bhubaneswar Region of the Directorate General of Mines Safety (DGMS) of the Union Ministry of Labour and Employment, there are about 27 mines producing several important minerals like Chromite, Iron ore, Bauxite, Granite, Rare Earth M... NTPC Talcher Kaniha distributed Solar Lanterns, Bookcases & Books Thursday, July 21, 2016 Talcher: NTPC Talcher Kaniha distributed Solar Lanterns, Book cases & Books under its CSR to students of P M High School, Kaniha on July 21, 2016. Shri N K Kothari, Executive Director ,Talcher Kaniha visited the school, he interacted with the teachers and students during the visit. Iconic Michelin Man To Make India Debut Thursday, July 21, 2016 New Delhi: MICHELIN, the world’s leading tyre technology leader today announced the launch of its first television commercial in the country. Themed ‘Safely Ahead’ this pan India campaign with the iconic Michelin man will make its debut on Indian television channelssoon... Indian cricket team skipper MS Dhoni launched Gulf PowerTrac 4T Thursday, July 21, 2016 Mumbai: Gulf Oil Lubricants India Limited (GOLIL), one of India’s leading and fastest growing private lubricant brands, today launched its new range of synthetic engine oil - Gulf PowerTrac 4T, for new generation in presence of Indian cricket team skipper Mr. MS Dhoni in a glitteri... Cabinet approves construction of a New Dry Dock of Cochin Shipyard Limited Thursday, July 21, 2016 New Delhi: The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has given its approval for construction of a new dry dock within the existing premises of Cochin Shipyard Limited (CSL) at an estimated cost of Rs.1799 crore to augment the shipbuildin... Union Cabinet approves incorporation of Sagarmala Development Company Wednesday, July 20, 2016 New Delhi: The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the incorporation of Sagarmala Development Company (SDC) under the Companies Act, 2013. SDC will be under the administrative control of the Ministry of Shipping. It will provide equity support to t... Hindustan Zinc Q1 Financial Result : PAT Rs. 1,037 Crore - Silver production higher by 20% Wednesday, July 20, 2016 New Delhi: Hindustan Zinc Limited today announced its results for the first quarter ended June 30, 2016. Mr. Agnivesh Agarwal, Chairman said that “In line with strong zinc fundamentals and our expectations, zinc prices surged 14% in Q1 FY 2017 as comp... Subhalaxmi Provides Higher Education Scholarship To Meritorious Students Wednesday, July 20, 2016 Report by Odisha Diary bureau, Jharsuguda: Subhalaxmi Bahumukhee Mahila Samabaya Limited, Jharsuguda, a co-operative promoted by Vedanta Limited, Jharsuguda under its CSR initiative conducted the felicitation ceremony of successful students of HSC examination 2016 at Krishi Vigyan Kendra... Government making all efforts to boost Housing Finance Sector to meet the goal of 'Housing for All by 2022': Venkaiah Naidu Wednesday, July 20, 2016 New Delhi: Government is making all efforts to boost the Housing Finance Sector to ensure that the goal of Affordable Housing for all by 2022 is met. This was stated by Minister of Housing & Urban Poverty Alleviation Shri M. Venkaiah Naidu at the National Summit on “Finance for... 3rd Conclave on Explosives Organised by Indian Oil Corporation Limited in Kolkata Wednesday, July 20, 2016 Kolkata: The 3rd Conclave on Explosives Organised by Indian Oil Corporation Limited , IBP Division, Business Group (Explosives) was inaugurated at Hotel Taj Gateway Kolkata on 15th July 2016 by lighting the ceremonial lamp in the august presence of Mr. Debasis Sen, Director (P&BD) &a... Income Tax Department signs contract with L & T Infotech Ltd for implementation of Project Insight Wednesday, July 20, 2016 New Delhi: In the last decade, the Income Tax Department embarked on an ambitious computerization plan which developed voluminous databases of IT returns, IT forms, TDS/TCS statements, Annual Information Return (AIR) etc. The large volumes of data necessitated development of a comprehens... Smart Cities Mission will thrive on High Volume Real Estate Development: RICS Tuesday, July 19, 2016 New Delhi: India’s Smart Cities Mission will provide immense opportunities for high volume real estate development considering the highest chunk of the proposed capital investment in smart cities-about 89 per cent has been allocated for built environment (urban development & ho... Bandhan Bank slashes loan rate by 60 bps Tuesday, July 19, 2016 Kolkata: Bandhan Bank Ltd announced today that it would reduce the lending rate for micro loans by 0.6% or 60 basis points (bps) from Monday, July 18, 2016. Currently, it offers micro loans at 20.5%. This will be reduced to 19.90%. The Bank is committed to pass on the benefit of lower co... Noble Gesture by Nalco Mahila Samiti Tuesday, July 19, 2016 Bhubaneswar:  Members of Nalco Mahila Samiti, Bhubaneswar, led by Smt. Preeti Roy, President, visited ‘Sakha’, an old age home at Cuttack on Saturday. The Samiti donated two steel almirahs and distributed towels to 30 inmates, besides interacting with them.  Among o... Coca-Cola Appoints Sarvita Sethi as Vice President-Finance, India And South West Asia Tuesday, July 19, 2016 Report by Odisha Diary bureau, Gurgaon: Coca-Cola today announced the appointment of Sarvita Sethi as Vice President - Finance, for India and South West Asia. She takes over from Sanjeev Kumar, who moves to Lagos as Director Finance, Coca-Cola West Africa. Sarvita will report to Venkates... Aditya Aluminium Organises Dengue Awareness Workshop Tuesday, July 19, 2016 Bhubaneswar: Aditya Birla Group Company Aditya Aluminium has organized a Dengue Awareness workshop yesterday in the Rengali Block premises in Sambalpur district in Odisha. In the workshop, the Distt. Health Officer of Sambalpur, Dr. Ashok Das, Health Officer of Laida PHC, Dr AshisMajhi, ... Oil Minister Dharmendra Pradhan meets US Energy Secretary Dr Ernest Moniz Monday, July 18, 2016 New Delhi: Union Petroleum and Natural Gas Minister Dharmendra met the US Secretary of Energy Dr Ernest Moniz in Washington on Monday. The two Ministers reviewed bilateral energy cooperation, especially in oil and gas sector between the two countries.    India's Gas Share is 6.5% Country's Fuel Basket: Dharmendra Pradhan Monday, July 18, 2016 New Delhi: The Minister of State (I/C) for Petroleum & Natural Gas Shri Dharmendra Pradhan informed the Lok Sabha in a written reply today that as per the BP Statistical Review of World Energy, June 2015, the present natural gas share in the country’s fuel basket is 6.5% vis-a-... Van Mahotsava celebrated in MCL, Head Quarter Monday, July 18, 2016 Report by Odisha Diary bureau, Sambalpur: Van Mahotsava was celebrated in MCL, HQ on 18th July 2016, which marked the beginning of plantation drive in MCL Mining Areas and also distribution of fruit bearing trees amongst the surrounding villages / towns. Approximately 2.5 lakhs plantatio... Union Minister Gadkari visits Tesla factory near San Francisco in USA Sunday, July 17, 2016 New Delhi: Union Minister of Road Transport, Highways & Shipping Shri Nitin Gadkari visited Tesla factory near San Francisco in USA yesterday and offered to promote joint ventures between the global leaders in electric car manufacturing and the Indian automobile companies with a view... Innovative entrepreneurship to boost Make in India initiative: CMD, Nalco Saturday, July 16, 2016 Bhubaneswar: “Innovative entrepreneurship will boost the Make in India initiative. Besides, it will also create a conducive environment for Indian industries to provide employment to the young and educated masses”, said Dr. Tapan Kuman Chand, CMD, Nalco. He was inaugurating t... Utkal Alumina Bags BT-CSR Excellence Award for women empowerment Saturday, July 16, 2016 Report by Odisha Diary bureau, Bhubaneswar : Utkal Alumina International Ltd., a unit of Aditya Birla Group has bagged yet another prestigious award – BT CSR Excellence Award on Women Empowerment category. The company received this award for its contribution towards women empowerme... Oil Minister Dharmendra Pradhan met Indian Scientists working in oil & gas sector based in Houston Saturday, July 16, 2016 Report by Odisha Diary bureau, Houston: Petroleum and Natural Gas Minister Dharmendra Pradhan met Indian Scientists working in oil & gas sector based in Houston.  “Had a great exchange of ideas with Indian Scientists working in oil & gas sector based in Hou... Union Steel Minister reviewed performance of RINL, Visakhapatnam Saturday, July 16, 2016 Visakhapatnam: The Union Steel Minister Shri Chaudhary Birender Singh reviewed the performance and working of Rashtriya Ispat Nigam Limited (RINL), Visakhapatnam at a meeting with the top management of the company in Udyog Bhawan New Delhi today.  In h... Union Minister Gadkari Takes A Study Tour Of Mississippi Inland Water Ways Saturday, July 16, 2016 New Delhi: The Shipping and Road Transport and Highways Minister Shri Nitin Gadkari took a tour of the world’s most commercially viable inland waterways system of the Mississippi river yesterday. This inland waterways system has 40,000 Kms. of navigable water covering almost the en... 14.13 lakh BPL LPG connections released under PM Ujjwala Yojana Friday, July 15, 2016 New Delhi: 14.13 lakh LPG connections have been released to women of BPL families under the Pradhan Mantri Ujjwala Yojana (PMUY). The scheme is currently under operation in 487 districts of 17 states. Attention of Ministry of Petroleum and Natural gas has b... Sheenlac in pact with Jenson & Nicholson Targets revenue of Rs. 750 crore Friday, July 15, 2016 Chennai : The Chennai based Sheenlac Paints ranked as the 6th largest paint company in India has entered into a JV with Jenson & Nicholson, which will enable both companies to leverage each other’s strength for growth and offer complete range of paint solutions and products pan... Ashok Leyland bags orders for 3600 Buses from various STUs in the current fiscal Friday, July 15, 2016 Chennai: Ashok Leyland today declared that it bagged orders for nearly 3600 Buses from various STUs in the current fiscal. These orders would be executed in the current financial year which would help Ashok Leyland in furthering its leadership position in buses. ... Vedanta Resources plc announces repayment of Convertible Bonds Friday, July 15, 2016 London: Vedanta Resources plc announces that it has repaid in full and redeemed the $514.8 million of outstanding amount on its 5.5% 2016 convertible bonds due on 13th July 2016.   With this payment, all outstanding USD bond maturities due in FY2017 at Vedant... Muthoot Fincorp takes the Kabali fever farther; Fans can get silver coins with Superstar Rajinikanth's face embossed Friday, July 15, 2016 Chennai:  `Carry the Lucky Superstar with You.’  If not in person, at least in a silver coin with the embossed image of superstar Rajinikanth. Muthoot Fincorp Ltd, the associate sponsor of the much-awaited movie Kabali, is joining the movie celebrations on the... Cairn India bags the 'BT-CSR Excellence Award' Thursday, July 14, 2016 New Delhi: Oil and gas exploration and production major Cairn India has bagged the ‘Bureaucracy Today-CSR Excellence Award’ in the Skill Development category.The award was given by the Chief Guest, Shri AnantGeete, Union Minister of Heavy Industries and Public Enterprises to ... Muthoot Capital Services Ltd profit jumps 19.4% for the first quarter of FY 2016-2017 Thursday, July 14, 2016 Mumbai: The company has achieved 40% growth in the two wheeler loan disbursement during the quarter, compared to the first quarter last year, as per the quarterly results approved by the Board of Directors in Kochi today.  As part of its aggressive pla... Vodafone India rolls out 4G ready SIMs in Haryana Thursday, July 14, 2016 Gurgaon: As Vodafone India enters the final stages of bringing the world’s largest 4G network to Haryana, it announced today, the availability of 4G SIMs at all Vodafone Stores, Vodafone Mini Stores and 4000+ multi brand outlets located across Haryana.  All Vodafone customers ... Travel port and OYO announce new hotel content deal Thursday, July 14, 2016 New Delhi: Travelport (NYSE: TVPT), a leading travel commerce platform, and OYO, India’s largest network of hotels, have today announced a new agreement whereby 6,000 hotel properties offered by OYO will be made available through Travelport’s Travel Commerce Platform to its t... Mahindra Insurance Brokers introduces innovative Pay-As-You-Can model to increase insurance penetration Thursday, July 14, 2016 Mumbai: Mahindra Insurance Brokers Ltd. (MIBL), has introduced an innovative “Pay-As-You-Can” digitally-enabled model, that is set to redefine the distribution of insurance solutions and drive insurance penetration in India. This socially progressive initiative will provide c... Odisha MSME Minister Jogendra Behera met Union Minister Thaawar Chand Gehlot Thursday, July 14, 2016 New Delhi: The Minister of MSME, Odisha, Shri Jogendra Behera meets the Union Minister for Social Justice and Empowerment, Shri Thaawar Chand Gehlot, in New Delhi on July 13, 2016. Both the ministers discuss issues relating to the state.  ... Ministry of Railways geared up for Monsoon Season Thursday, July 14, 2016 New Delhi: Ministry of Railways has geared up its machinery to ensure safe railway operation during the current monsoon season. Railway Board has already sent instructions to all Zonal railways to do necessary preparedness and undertake appropriate precaution to ensure safe railway opera... Renault to organize Monsoon Camps across India Wednesday, July 13, 2016 Bhubaneswar: Continuing its commitment to enhance customer satisfaction along with providing an enriched brand ownership experience, Renault India, one of the fastest growing automotive brand in India, announced the commencement ofa nationwide after-sales service initiative, ‘Renau... Domino's Pizza launches 'BurgerPizza'! Wednesday, July 13, 2016 Bhubaneswar: Domino’s Pizza India, market leader in the chained pizza segment, today announced a significant new innovation for the Indian market – the BurgerPizza!The new BurgerPizza is an exciting innovation from Domino’s and is a result of the company’s focus o... Tata Hitachi's Dharwad plant rolls out its 50,000th machine Wednesday, July 13, 2016 Hyderabad: Tata Hitachi’s Dharwad plant announced the roll out of its 50,000th machine. The EX200LC Super series hydraulic Excavator was handed over to Mr. R N Nayak and Mr. Dinesh R Nayak of M/S DRN Infrastructure, Hubli. M/s DRN Infrastructure has a formidable reputation of being... Cabinet approves disinvestment of 15% in NBCC Wednesday, July 13, 2016 New Delhi: The Cabinet Committee on Economic Affairs, chaired by Prime Minister Shri Narendra Modi, has approved the disinvestment of 15% paid up equity of National Buildings Construction Corporation Limited (NBCC) out of Government of India’s 90% shareholding.  Nitin Gadkari Tells Investors it is a Golden Opportunity to Invest in India Wednesday, July 13, 2016 New Delhi: Union Minister for Road Transport and Highways & Shipping Shri Nitin Gadkari has called upon investors in the United States to invest in India, saying it is a golden opportunity for them, with the present government giving topmost priority to infrastructure development . A... Tata Steel ranked 7th most Transparent Company Globally Tuesday, July 12, 2016 Report by Odisha Diary bureau, Bhubaneswar: Tata Steel has been ranked as the 7th most transparent company in the world. According to a report published by Transparency International, a Berlin-based, anti-graft watchdog, the steel giant secured an overall score of 6.5.  The company ... Honda 2Wheeler is Industry's No. 1 Volume & Market Share gainer for 3 months in a row Tuesday, July 12, 2016 Gurgaon: Continuing to be the growth engine of two-wheeler industry, Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) has recorded robust sales in June 2016.   DOMESTIC SALES: Growing nearly double than the 12% domestic industry growth, Honda... Sunshine Hospital conducts successful surgery for a Ankle joint Tuesday, July 12, 2016 Bhubaneswar :  A very rare joint condition called Synovial Chondromatosis of ankle joint was recently treated successfully at city based Sunshine Hospital situated at Puri – Cuttak Road by Dr. Captain Sarthak Patnaik and his team.  A 43 year...
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gala handloom fashion show. Organized by Boyanika at Handloom Expo 2017
Boyanika Fashion show at Expo
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