Odisha Business News
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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... Delhi-NCR stuck with highest unsold housing inventory; Mumbai next: ASSOCHAM Friday, May 06, 2016 New Delhi: The woes of the real estate sector are far from over or have rather worsened with inventory of residential premises and commercial estates rising between 18-40 per cent in different cities with the maximum unsold stock lying in the Delhi NCR over the last one year, creating a ... India can save $50 bn if logistics costs are brought down to 9% of GDP: Study Friday, May 06, 2016 New Delhi: India can save up to $50 billion if logistics costs are brought down from 14 per cent to nine per cent of country’s gross domestic product (GDP) thereby making domestic goods more competitive in global markets, an ASSOCHAM-Resurgent India joint study said today. <... Indian logistics market to touch US$ 307 billion by 2020: Ram Kripal Yadav Friday, May 06, 2016 New Delhi: Logistics market in India is expected to be worth US$ 307 billion by 2020, Mr. Ram Kripal Yadav, Minister of State for Drinking Water & Sanitation said at an ASSOCHAM event held in New Delhi today. India spends around 14.4% of its GDP on logi... HCIL launches its Bold and Versatile Honda BR-V Thursday, May 05, 2016 New Delhi: Honda Cars India Ltd. (HCIL), leading manufacturer of premium cars in India, today introduced its new model Honda BR-V. The BR-V (Bold Runabout Vehicle)boasts a Bold and Sporty Stance, Best in Class Ground Clearance, Powerful Performance, Excellent Mileage and Highly Versatile... QC team of NTPC Kaniha bagged Meritorious Award Thursday, May 05, 2016 Report by Odisha Diary bureau, Kaniha: QC team “LAXMI “ of Finance  & Accounts Department of NTPC Kaniha  has bagged Meritorious Award (Third prize) in the 21ST All  Odisha QC Convention-2016 at Nalco, BBSR recently. The award was received from Dr. Tapan &n... MCL celebrates Miners' Day, awards 76 coal miners Thursday, May 05, 2016 Talcher: Mahanadi Coalfields Limited (MCL), the flagship Coal India subsidiary, awarded the best performers of the company to mark the Miners’ Day (May Day) celebrations held at the country’s largest Talcher Coalfields in Angul district of Odisha. Piyush Goyal Launches Portal for Contract Labour Payment Management System Wednesday, May 04, 2016 New Delhi: Shri Piyush Goyal, Minister of State (IC) for Power, Coal and New & Renewable Energy launched ‘Contract Labour Payment Management System’- a portal of Coal India Limited (CIL) here today. Shri Goyal also felicitated employees of his Ministries, Public Sector Un... SBI life posts net profit of rs. 861 crore in fy 2015-16 Wednesday, May 04, 2016 Mumbai : SBI Life Insurance today announced a net profit of Rs. 861 crores as compared to last year’s net profit of Rs. 820 crores, an increase of 5%. The individual new business premium has increased from Rs. 3,757 crores in FY 2014-15 to Rs 4,978 crores this fiscal year, recordin... Intensify the alluring appeal with Oriflame's latest launches Wednesday, May 04, 2016 Bhubaneswar: Indulge yourself with the joyful fragrance that slowly unfurls at your heart with Oriflame’s latest launch – Tenderly Promise Eau de Toilette. The latest product comes with a radiating and glorious creamy scent that represents the classic and timeless beauty of a... Suresh Raina, Captain, Gujarat Lions unveils Aqua Lions 3G Wednesday, May 04, 2016 New Delhi: Intex Technologies, one of the leading mobile handset player and the owner of the Gujarat Lions IPL Team, launched its new Lions Series smartphones with Aqua Lions 3G today. The smartphone was launched by Suresh Raina, Captain, Gujarat Lions IPL team along with other team memb... Tata Power organises mega health camps in the villages at Kalinganagar Wednesday, May 04, 2016 Bhubaneshwar: Tata Power, India's largest integrated power company has always been at the forefront for augmenting good-health and wellbeing of the neighboring communities based around the areas of its operation. Driving this forward, Industrial Energy Limited (IEL), a joint venture of T... Shah Rukh Khan continues to endorse the new variant of Navratna Cool Talc Wednesday, May 04, 2016 Kolkata: Navratna, the Rs 700+ crorebrand manufactured and marketed by Emami Limited is set to offer the Indian summers with Navratna i-cool Talc, a unique technologically superior innovation in the cool talc space.    Powered by the Intelligent Sweat Se... Kotak Mahindra Bank Launches International Banking Unit in GIFT City Tuesday, May 03, 2016 Ahmedabad: Kotak Mahindra Bank (KMB), today announced the launch of its International Banking Unit (IBU) in Gujarat International Finance Tec-City (GIFT City), District Gandhinagar. The merger of ING Vysya Bank with KMB on April 1, 2015, significantly increased KMB’s network and as... Odisha's Revenue Receipts increased from Rs 33,276 crore in 2010-11 to Rs 56,998 crore in 2014-15 Tuesday, May 03, 2016 Bhubaneswar: The State’s Revenue Receipts increased from Rs 33,276 crore in 2010-11 to Rs 56,998 crore in 2014-15, registering a growth of 71 per cent. This was revealed a report of the Comptroller and Auditor General (CAG) of India laid in the State Assembly on Monday. Petronet LNG Limited successfully negotiated revised price formula with Rasgas: Dharmendra Pradhan Monday, May 02, 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 Petronet LNG Limited (PLL) has signed a revised contract with RasGas of Qatar.  Petronet LNG Limited has a 7.5 MMTPA FOB LNG supply agr...
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Chief Minister Naveen Patnaik paying floral tributes to the departed leader Pyari Mohan Mohapatra at Biju Patnaik International Airport on 20-3-2017.
Chief Minister Naveen Patnaik paying floral tributes to the departed leader Pyari Mohan Mohapatra
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