Odisha Business News
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Minda Industries posted robust results for FY16, maintaining its growth momentum Monday, May 23, 2016 New Delhi: Minda Industries posted robust results for FY16, maintaining its growth momentum. The consolidated sales at Rs.2506 Cr for FY16 as against Rs.2206 Cr in FY15 recording a growth of 14%YOY.  The company reportedEBITDA of Rs.244Cr, a growth of 50% year on year. E... Shri Goyal discusses bilateral relationswith Mr Tharman Shanmugaratnam on his Singapore visit Monday, May 23, 2016 New Delhi: Shri Piyush Goyal, Union Minister of State (IC) for Power, Coal, and New & Renewable Energy visited Singapore today. While delivering the Keynote Address at Deutsche Bank’s dbAccess Asia Conference 2016 at Marina Bay Sands Expo & Convention Centre, Singapore, Shr... Aditya Aluminium Bags CSR Award Monday, May 23, 2016 Report by Odisha Diary bureau, Bhubaneswar: Aditya Birla Group’s Aditya Aluminium Company has bagged the IQEMS CSR Silver Category Award for its outstanding activities in peripheral development activities in the close vicinity of the Lapanga block in Sambalpur district in Odisha. Dr. Raghuram Rajan visits entrepreneurial dairy company Milk Mantra Monday, May 23, 2016 Bhubaneswar:  RBI Governor, Dr. RaghuramRajan visited Milk Mantra’s plant in Gop.  On a scheduled visit to the state, the Governor expressed an interest to visit an entrepreneurial venture and meet the entrepreneur who started it as well as interact with the farmer commun... Amway launches new range of Attitude Lip Colors & Nail Paints Monday, May 23, 2016 New Delhi:  Amway India, the country’s largest direct selling FMCG Company, has launched six new shades of Attitude Intense Lip Color Lipsticks and four vibrant hues of Attitude Nail Paints as a part of the 10th edition of Attitude Color Cosmetics. The Attitude Colors range in... NALCO awarded for Best CSR practices Sunday, May 22, 2016 Report by Odisha Diary bureau, Bhubaneswar: National Aluminium Company Limited (NALCO) has been awarded ‘CSR Excellence Award in Gold category’ for the year 2015 in a national level seminar held today at Bhubaneswar. The seminar was organized by the Institute of Quality and E... JSPL honoured with CSR Excellence Award Sunday, May 22, 2016 Report by Odisha Diary bureau, Bhubaneswar: Innovative Corporate Social Responsibility (CSR) practice of Jindal Steel & Power Ltd (JSPL) has been recognised with CSR Excellence Award in Gold Category today at Bhubaneswar. JSPL’s EVP & Group Head (CSR) Mr. Prashant Kumar Hot... Arun Jaitley said that Indian economy is estimated to register 7.6% growth in 2015-16 Saturday, May 21, 2016 New Delhi: The Union Finance Minister Shri Arun Jaitley said that the Indian economy is estimated to register 7.6% growth in 2015-16, notwithstanding contraction of global exports and two consecutive years of shortfall in monsoon.  Amid weaker ou... Renault India Embarks On An Aggressive Nationwide Network Expansion Plan Thursday, May 19, 2016 New Delhi: Renault India, one of the fastest growing automotive companies in India, is aggressively expanding its network reach across the country. The brand will increase its dealership network from 208 facilities to 240 facilities by the end of this year. This expansion plan has been d... Commerce Minister Smt. Nirmala Sitharaman says transition from barter trade to normal trade - a step forward to boost trade Thursday, May 19, 2016 New Delhi: An India Myanmar Business Conclave was hosted by India at Yangon on 18-20 May 2016 as part of its Act East policy. A 25 member business delegation from India attended the Conclave led by Minister of State (Independent Charge) for Commerce & Industry Smt. Nirmala Sitharaman... ASSOCHAM seeks govt taking bank loan repayments of rural borrowers in drought hit areas Thursday, May 19, 2016 New Delhi: As part of an immediate relief kit to the farmers and rural population suffering an oppressive drought, the government should take the load of their bank loan repayments upon itself, besides reaching food grains to the affected areas at highly subsidized rates, ASSOCHAM Presid... Rajasthan Governor Honours Hindustan Zinc's Pavan Kaushik with 'Shan-e-Rajasthan' Wednesday, May 18, 2016 Report by Odisha Diary bureau, Udaipur: Zee News Rajasthan organized “Shan-e-Rajasthan” award function in Jaipur on 17th May 2016 to honour the personalities who have brought laurels to the State of Rajasthan.  The Chief Guest of ... Honda inks national 2Wheeler retail finance MoU with IndusInd Bank Ltd. Wednesday, May 18, 2016 New Delhi: Providing further stimulus to its domestic growth, Honda Motorcycle & Scooter India Pvt. Ltd. today signed a Memorandum of Understanding with IndusInd Bank, offering retail finance to its customers at an attractive rate ofintereston all Honda 2wheeler models. <... Amri hospitals ranked no.1 In Eastern India Wednesday, May 18, 2016 Bhubaneswar: In a recent study for - the Eastern India Healthcare Ranking 2016- undertaken by a host of reputed global agencies in the field of international healthcare, AMRI Hospitals has been adjudged as the No.1 in the region. Spread over a period of 2 months, this study was conducted... White paper on CSR released in Odisha Tuesday, May 17, 2016 Bhubaneswar : IPICOL organised a CSR Round Table on May 17 and released the "CSR White Paper"- a research based report on existing trend and future road map of CSR & Sustainability activities in Odisha. The "CSR White Paper"- a first for any state in the country - was released by Shr... IMFA announced its Q4 and FY16 results for the period ended March 31st, 2016 Tuesday, May 17, 2016 Bhubaneswar: Indian Metals & Ferro Alloys (IMFA), India’s leading fully integrated producer of value added chrome, today announced its Q4 and FY16 results for the period ended March 31st, 2016. Highlights of FY16 vs FY15 • EPFO disbursed Rs. 47,630 crore as member benefits and Rs. 8,200 crore as monthly pensions in 2015-16 Monday, May 16, 2016 New Delhi: In 2015-16, EPFO disbursed approximately Rs. 47,630 crore as member benefits and Rs. 8,200 crore as monthly pensions.  To monitor the status of enrolment of contractual employees especially in municipalities, EPFO has taken steps towards put... Rising outbound Indian tourists heading towards Malaysia, Singapore, Thailand, Dubai: ASSOCHAM paper Monday, May 16, 2016 New Delhi: Aggressive tour operators offering packages for as low as Rs 25,000-Rs 30,000 combined with rising aspirations of the upper middle class families to travel abroad has led to a robust increase of 29 per cent in outbound Indian tourists this summer with Thailand, Malaysia, Singa... IMFA awarded Green Product certification by CII Sunday, May 15, 2016 Report by Odisha Diary bureau, Bhubaneswar: Indian Metals & Ferro Alloys Ltd (IMFA) has been awarded ‘Green Product’ certification by Confederation of Indian Industry (CII) for its pioneering effort in producing Low Density Aggregates from fly ash. SRL Diagnostics expanding its facility in Gautam Nagar Lab at Bhubaneswar Friday, May 13, 2016 Report by Odisha Diary bureau, Bhubaneswar: SRL Diagnostics, the largest diagnostics network in India, is advancing its facility in Gautam Nagar lab in Bhubaneswar. The lab will provide precise and quality reports on priority. This is an endeavour to provide accurate solutions & ethi... Hindalco Hirakud Felicitates Senior Citizens in Odisha Friday, May 13, 2016 Report by Odisha Diary bureau, Hirakud: Over a Hundred Senior citizens belonging to different communities of the nearby peripheral villages of Hirakud based Hindalco Industries Ltd were felicitated and honoured in a grand ceremony organized by the company at its club auditorium today.&nb... MCL wins Greentech's HR awards for Technology & Training Friday, May 13, 2016 Sambalpur: Mahanadi Coalfields Limited (MCL), a flagship subsidiary of Coal India Limited, has won Gold Award for Technology Excellence in HR and Silver Award for Training Excellence in HR instituted by the Greentech Foundation, New Delhi. On behalf of the ... Odisha Govt earned Rs4,794.72 crore from sea food exports in last 3 years Friday, May 13, 2016 Bhubaneswar: The State Government has earned Rs4,794.72 crore from sea food exports in the last three years. Fisheries and Animal Resources Development Minister Pradeep Maharathy informed this in the State Assembly in response to a question of BJD MLA Rases... Emami takes the time tested Ayurvedic tradition of Kesh king to Ujjain Kumbh Friday, May 13, 2016 Kolkata: After acquiring the Kesh King brand in 2015, Emami Limited, the Indian FMCG major, has formulated an integrated marketing and communication strategy for the brand targeting the SimhasthKumbhMela at Ujjain. The brand has launched a major visibility campaign at the ongoing Ujjain ... Gold demand at record levels in Q1 2016 up 21% as investors surged into ETFs Thursday, May 12, 2016 New Delhi: Global gold demand reached 1,290tonnes (t)in the first quarter of 2016, a 21% increase compared to the same period last year, making it the second largest quarter on record, according to the World Gold Council’s Gold Demand Trends report. This increase was driven by huge... Titan Eyeplus Launches Attractive Offers Thursday, May 12, 2016 Bhubaneshwar : Titan Eyeplus, India’s leading retail eyewear chain, announced the launch of attractive offers on frames, sunglasses, contact lenses and lenses. Valid from May 12, 2016 the offers will be available across all Titan Eyeplus stores in the country. Titan Eye... The Women Behind The Supercar Industry - No Longer A Man's World Say Barnebys Thursday, May 12, 2016 New Delhi: There is a quiet revolution underway in that bastion of male dominance – the car industry – say Barnebys, the auction house search engine that monitors classic car sales around the world. Barnebys, a Swedish owned company which offers... 36 Pellet plants in India are shut down on sluggish demand Thursday, May 12, 2016 Bhubaneswar: Out of 43 pellet plants in India, 36 plants have been closed down in last four months. The concern and suggestion of availability of Iron Ore fines at affordable price,norms for stacking of Iron Ore Fines, Disposal of Iron Ore Fines, Royalty double charging resulting in high... Intex launches Cloud Fame; Powered by Android OS 6.0 Wednesday, May 11, 2016 New Delhi: Intex Technologies, has announced the launch of its latest smart phone - Cloud Fame, which runs on Android OS 6.0 also known as Marshmallow. The smart phone, will be exclusively available on Snapdeal at a price of INR 3,999. The 4G-enabled Cloud ... Vodafone SuperNetTM 4G to be available across 1,000 towns Wednesday, May 11, 2016 New Delhi: Following the successful launch of 4G services across the five circles of Mumbai, Delhi & NCR, Kolkata, Karnataka and Kerala, Vodafone India today announced the next phase of its 4G rollout, which will cover the key circles Gujarat, Haryana, UP (E) and West Bengal. With th... Samsung Brings Smart Convertible 5in1& Smart Digital Inverter Refrigerators Wednesday, May 11, 2016 Hyderabad: Samsung India today showcased India’s first Digital Inverter Compressor in Direct Cool Single Door Refrigerator series.  The new range is powered by Digital Inverter Compressor, which delivers efficient energy savings and an ease to co... First Time in India - Windows 10 Laptop for Just Rs. 9,999 iBall begins the Digital revolution Wednesday, May 11, 2016 Mumbai:  iBall, a brand known for its innovative and latest technology products, in strategic association with ecosystem players,Intel and Microsoft, sparks digital revolution in India with launch of its latest category laptops - under its sub-brand “iBall CompBook”offer... DBS launches India's first mobile-only bank Wednesday, May 11, 2016 Mumbai: DBS Bank, Singapore’s largest bank and a leading bank in Asia, today officially unveiled digibank, India’s first mobile-only bank. A revolutionary offering, digibank brings together an entire suite of ground-breaking technology – from biometrics to artificial in... Dalmia Bharat Foundation and NABARD Partner for Development Wednesday, May 11, 2016 Bhubaneswar: Dalmia Bharat Foundation (DBF) today signed an MoU with National Bank for Agriculture and Rural Development (NABARD) for implementation of development interventions, which are aimed at socio economic upliftment of local communities. The MoU was signed by Ajit Menon, Group He... Etihad Airways' Flagship Airbus A380 Service To Mumbai A Sign Of India's Importance To Our Growth Strategy Wednesday, May 11, 2016 Mumbai: India continues to be a crucial part of Etihad Airways’ growth strategy contributing significantly to the airline’s global operations, to job creation and to connectivity for India. Addressing a media conference in Mumbai to mark the lau... Tamil Nadu tops with 32% decadal growth in investments attracted by irrigation sector across India: Study Wednesday, May 11, 2016 New Delhi: Tamil Nadu has ranked on top in terms of growth in live investments attracted by the irrigation sector thereby clocking a compounded annual growth rate (CAGR) of over 32 per cent during the decadal period 2004-05 and 2014-15, apex industry body ASSOCHAM said today. India looks forward to its consultations with the United States at the WTO on 11th and 12th May, 2016 Wednesday, May 11, 2016 New Delhi: The Government of India looks forward to the consultations with the United States at the WTO, scheduled for the 11th and 12th of May, 2016. India hopes that the United States will constructively engage with India to address its concerns regarding recent U.S. measures which imp... Marine Fish Production in the Country Stand at 35.83 lakh Tonnes (Provisional) in 2015-16 Wednesday, May 11, 2016 New Delhi: The marine fish production in the country during the last four years has been reported as 33.20 lakh tonnes in 2012-13; 34.39 lakh tonnes in 2013-14; 36.55 lakh tonnes (Provisional) in 2014-15 and 35.83 lakh tonnes (Provisional) in 2015-16 respectively, against the potential y... Tata Power subsidiary, Industrial Energy, aids in development of local school in Jajpur, Odisha Tuesday, May 10, 2016 Bhubaneshwar: Tata Power, India's largest integrated power company, has always been committed in addressing the needs of the student community. In line with this commitment, Industrial Energy (IEL), a joint venture of Tata Power and Tata Steel, dedicated a dining hall at the Baliapal Tri... OYO continues to dominate the market with 2.3 MN room night transactions last quarter Tuesday, May 10, 2016 Delhi: OYO, India’s largest branded network of hotels announced that it hit unit profitability at an aggregate level across its presence in 170 cities of India. OYO had operating profits until June 2015, following which it went into aggressive expansion mode to gain market leadersh... Emami Relaunches Fair And Handsome Fairness cream With 5 Action Fairness System Monday, May 09, 2016 Kolkata:   Emami Ltd, the FMCG major in India pioneered the men’s fairness cream category with its face care innovation “Fair and Handsome” fairness cream for men in 2005. The Company is all set to once again relaunch the decade old popular brand as- the all new Fa... NTPC Kaniha's Quality Circle shines at CII convention Monday, May 09, 2016 Kaniha: Quality Circle (QC ) Chemspirit of Chemistry Department has bagged runners up prize in National Level  CII (Confederation of Indian Industries) Quality Circle Convention held at Chennai  recently.This was the first team from NTPC to won any award in CII National Event.<... Union Minister Kalraj Mishra Inaugurates Khadi Spinning and Weaving Centre in Srinagar Monday, May 09, 2016 Srinagar: The Union Minister for Micro, Small and Medium Enterprises (MSME) Shri Kalraj Mishra inaugurated the Harmukh Khadi Gram Udyog Sansthan, a spinning and weaving centre and marketing plaza for khadi goods at a function in Srinagar today.  The Mi... Kalraj Mishra Appreciates JK Govt for PMEGP Says Rs 38 Crore Utilised During 2015-16 for Assisting Over 2200 PMEGP Units in JK Monday, May 09, 2016 New Delhi: Appreciating the work of State Government in Prime Minister’s Employment Generation Programme (PMEGP) during 2015-16, the Union Minister for Micro, Small and Medium Enterprises (MSME) Shri Kalraj Mishra on Sunday said that 23,140 people of Jammu and Kashmir were employed... Muthoot Exim announces special discount offers on Tamper Proof Gold and Silver Jewelleries for Akshaya Tritiya Sunday, May 08, 2016 Mumbai: Muthoot Exim Pvt Ltd, the precious metals division of 129-year-old Muthoot Pappachan Group, which has set a unique tamper proof packing model in gold and silver business, has announced special discounts for its BIS hallmarked gold jewellery and 999 silver bars and BIS hallmarked ... Socially Excluded and Meritorious Odisha Students Awarded Educational Scholarship by JK PAPERS LTD Sunday, May 08, 2016 Report by Badal Tah; Rayagada: As a part of its social commitment, JK Paper Mills Ltd at JayKay Pur, Rayagada awarded Educational Scholarship to fifty nine wards of its employees and eight SC/ST students from Gandhi Institute of Engineering & Technology(GIET), Gunpur and Gandhi Insti... Odisha-based PSU Nalco joins the Twitter Community Saturday, May 07, 2016 Report by Odisha Diary bureau, Bhubaneswar: National Aluminium Company Limited (NALCO) has joined the social media with twitter handle @ cmdnalco. Dr. Tapan Kumar Chand, CMD, shall tweet on various aspects of the company from now onwards. Interested stakeholders can follow him or view th... Cairn India reaffirms its commitment to promote women's right Saturday, May 07, 2016 Report by Odisha Diary bureau, Bhubaneswar: This Mother’s Day, Cairn India Limited (CIL) has made a vow to strengthen its healthcare programs to create a safe and nurturing environment for mothers across its operational areas.  In a move to enable better access to ... Indian Government taking aggressive steps to making Indian IP ecosystem Robust - Nirmala Sitharaman Friday, May 06, 2016 New Delhi:  Conferring the awards on the eve of World Intellectual Property Day celebrations here on Friday, Smt. Nirmala Sitharaman, Minister of Commerce and Industry mentioned that Government of India is committed to opening up new avenues for women and Intellectual Property is on... Peep into the offer details and pick your best deal this Akshay Tritiya Friday, May 06, 2016 Bhubaneswar: With Akshay Tritiya round the corner, major jewellery stores in Odisha capital Bhubaneswar have come out with a number of offers to woo the customers.  However, before you walk in a glittering showroom, you must do a comparative study of all the offers to pr...
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Odisha tableau to showcase Dola Melana .
Odisha tableau to showcase Dola Melana
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