Odisha Business News
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Finance Minister Arun Jaitley said big opportunities for Foreign Investors to invest in India Saturday, April 02, 2016 New Delhi: Finance Minister   further said that the Government has opened various sectors for FDI including Railways & Defence etc. He mentioned that Government has taken major steps for removing discretions in decision making process ensuring a transparent, predictable regime a... Government committed to Garibi Mithao: Shri Piyush Goyal Saturday, April 02, 2016 New Delhi: Shri Piyush Goyal, Minister of State (IC) for Power, Coal and New & Renewable Energy said that we in Government are committed to ‘Garibi Mithao’ rather than ‘Garibi Hatao’. While speaking at the 8th Global CSR Summit cum Responsible Organization Exc... Uttarakhand joins UDAY scheme Saturday, April 02, 2016 New Delhi: The Government of India, the State of Uttarakhand and the Uttarakhand Power Corporation Limited (UPCL) which takes care of the power distribution activity of Uttarakhand signed Memorandum of Understanding (MOU) under the Scheme UDAY – “Ujwal DISCOM Assurance Yojana... Accuracy of Information from our GVAs will make the mission more transparent and successful: Piyush Goyal Saturday, April 02, 2016 New Delhi: Shri Piyush Goyal, Minister of State (IC) for Power, Coal and New & Renewable Energy held an interactive session with Gram Vidyut Abhiyantas (GVAs) working for rural electrification projects under Deen Dayal Upadhyaya Gram Jyoti Yojna (DDUGJY). Appreciating the work done b... Odisha: Paradip Port created all-time record by handling 76.38 MT of cargo Saturday, April 02, 2016 Paradip: The Paradip Port Trust (PPT) has created an all-time record by handling a total of 76.38 million tonnes (MT) of cargo in the financial year 2015-16. This achievement has surpassed the port’s earlier highest figure of cargo handling quantity o... Seminar on 'Sahajogita: Building Partnerships for Swachh Balasore' Saturday, April 02, 2016 Balasore: Centre for Policy Research, New Delhi and the North Odisha Chamber of Commerce and Industries, Balasore, co-organised the seminar on sanitation in Balasore town titled “Sahajogita: : Building Partnerships for Swachh Balasore” on 1st April, 2016, the day of Utkal Div... JSPL organises Blood Donation Camp: 215 Units of Blood Collected Friday, April 01, 2016 Report by Odisha Diary bureau, Angul : Two mega voluntary blood donation camps have been organised by Jindal Steel & Power Ltd (JSPL)’s Angul unit with collection of total 215 units of blood on March 31, 2016. The first camp was organised at Occupational Health Centre (OHC) and... Honda Cars India Ltd. records Annual Domestic Sales of 192,059 units Friday, April 01, 2016 New Delhi: Honda Cars India Ltd. (HCIL), leading manufacturer of premium cars in India, recordedannual domestic sales of 192,059units during FY 2015 – 16recording2% growth over last financial year. The company had sold 189,062 units during FY 2014 – 15. DishTV unveils its new Brand Campaign Life Masala Maar ke with Shahrukh Khan Friday, April 01, 2016 Bhubaneswar: DishTV, the pioneer in the DTH sector has been the front runner in bringing quality entertainment to every household in the country. And so, as the leaders in the DTH category, DishTV understands entertainment like no one else does. Being at the forefront, DishTV always enjo... Renault India registers highest ever monthly sales of 12,424 in March 2016; Growth of 160% Friday, April 01, 2016 New Delhi: Renault India, one of the fastest growing automotive companies in India, registered a growth of 160% with monthly domestic sales of 12,424units in March 2016 as against 4,782 units in the corresponding month last year.  Driven by strong sale... Tata Power subsidiary Industrial Energy organises teachers training programme at Jajpur, Odisha Friday, April 01, 2016 Bhubaneshwar: Tata Power, India's largest integrated power company, has always been committed to improving the educational infrastructure of communities living in and around its operational areas. In line with this commitment, Industrial Energy (IEL), a joint venture of Tata Power and Ta... Kareena Kapoor, Arjun Kapoor unveils signature lounge of Vistara at T3, IGI Airport, Delhi Friday, April 01, 2016 New Delhi: In a constant endeavor to make the flying experience joyful, Vistara, India’s fastest growing full service carrier that is setting new service and customer experience standards, unveiled its exclusive signature lounge for its business class and Club Vistara Gold customer... Niti Aayog developing multi-dimensional food security index Friday, April 01, 2016 New Delhi: The sectoral growth rate of agriculture in India may rise to six per cent in 2016-17, if the monsoon remains normal this year, Niti Aayog member, Prof. Ramesh Chand said at an ASSOCHAM event held in New Delhi today.   “Since last two years ha... Gujarat, Maharashtra contribute 46% to India's exports; share of top 5 is 69%: ASSOCHAM study Friday, April 01, 2016 New Delhi: Reflecting how skewed is India’s export base, two states – Gujarat and Maharashtra, account for more than 46 per cent of the merchandise consignments from the country and with the addition of three next best performing sources of shipments, the top five states clai... Tata Steel board reviews its European portfolio Friday, April 01, 2016 Mumbai: The Tata Steel board today reviewed the recent performance of the European business of the company, more specifically, of Tata Steel UK. It noted with deep concern the deteriorating financial performance of the UK subsidiary in the last twelve months. While the global steel deman... Uber to launch Uber AUTO service in Odisha capital Bhubaneswar Friday, April 01, 2016 Report by Nidhi Garg, Bhubaneswar: Uber to launch Uber AUTO service today in Odisha capital Bhubaneswar. Mayor of Bhubaneswar Municipal  Corporation Ananta Narayan Jena will launch the service at Mayfair Lagoon ,Bhubaneswar.  Bhubaneswar North MLA... EESL distributes 1 crore LED bulbs in just 13 days, crosses 9 crore mark under the UJALA scheme Friday, April 01, 2016 New Delhi: Energy Efficiency Services Limited (EESL), under UJALA (Unnat Jyoti by Affordable LEDs for All), has created a new benchmark by distributing 1 crore LED bulbs in under 13 days. EESL has distributed over 9 crore LED bulbs across the nation with resulting in an estimated daily e... India Signs Loan Agreement with World Bank for USD 250 Million for "First Programmatic Electricity distribution Reform Development Policy Loan for Rajasthan" Thursday, March 31, 2016 New Delhi: An agreement for IBRD Credit of USD 250 Million from World Bank for "First Programmatic Electricity distribution Reform Development Policy Loan For Rajasthan" here today by Shri Raj Kumar, Joint Secretary (MI), Department of Economic Affairs on behalf of the Government of Indi... Begin the Maharashtrian New Year on an auspicious and sweet note Thursday, March 31, 2016 Mumbai:An important and essential part of Indian festivities is the traditional dessert recipes that add to the spirit of any celebration.GudiPadwa that marks the beginning of the New Year is notably celebrated amongst Maharashtrians, the essence of which includes amongst other thingsspe... Future Generali India Insurance embarks on digital journey with i-MoSS app for motor claim surveys Thursday, March 31, 2016 New Delhi: Future Generali India Insurance Company Limited (FGII), a joint venture between Future Group - the game changers in Retail Trade in India and Generali – a 184 years old global insurance group featuring among the world’s 50 largest companies, today announced the lau... 11th Punyatithi OP Jindal observed across Odisha Thursday, March 31, 2016 Report by Odisha Diary bureau, Angul: The 11th Punyatithi (Death Anniversary) of visionary and founder of OP Jindal Group Shri Om Prakash Jinda was observed across the State with a series of philanthropic and religious activities on March 31, 2016. JSPL&rsq... Neha Dhupia and Dad join Ariel India's #ShareTheLoad Movement! Wednesday, March 30, 2016 Hyderabad: Ariel India’s Dads #ShareTheLoad movement has over the past month, already received global acclaim, with the campaign joining women across Indiainamplifying their debate for household equality. The conversation of inequality within the household, particularly when it com... Business Tycoon Abhey Oswal Passes Away Wednesday, March 30, 2016 Report by Odisha Diary bureau, Bhubaneswar: Noted Industrialist and Business magnate Shri. Abhey Kumar Oswal passed away at the age of 67 in a massive heart heart attack at 67 on Tuesday Night .   Son of late Lala Vidya Sagar Oswal, Sri  Abhey Osw... Hindustan Zinc Announces Record Dividend on its Golden Jubilee Wednesday, March 30, 2016 Udaipur: Hindustan Zinc Announces Record Dividend on its Golden Jubilee - Dividend will entail an outflow of approximately Rs. 12,205 crore, including dividend distribution tax. Special Golden Jubilee dividend of 1200% i.e. Rs. 24 on an equity share of Rs. 2 each. RBI Extended Bank hours for conducting Govt. Business on 31st March, 2016 Wednesday, March 30, 2016 New Delhi: In view of closing of the current financial year and to facilitate the tax-payers in payment of taxes, the Reserve Bank of India has issued instructions vide notification RBI/2015-16/342 dated March 17, 2016 directing all agency banks to keep the counters of their designated b... Finance Minister Arun Jaitley delivers Keynote Address at Make in India Conference in Sydney Wednesday, March 30, 2016 Sydney: The Union Finance Minister Shri Arun Jaitley inaugurated and addressed the ‘”Make in India Conference – Collaboration for Growth with Mutual Benefit’’ in Sydney today.  During his Keynote Address, the Finance Minis... Finance Minister Arun Jaitley meets the Treasurer of Australia Mr Scott Morrison Wednesday, March 30, 2016 New Delhi: The Finance Minister Shri Arun Jaitley said that the Australian future and super funds be exposed to India. The Finance Minister Shri Jaitley raised this point during his bilateral meeting with the Treasurer of Australia Mr Scott Morrison in Sydney today. Shri Jaitley called f... Architectural Digest India celebrates its 4th anniversary with AD50 Wednesday, March 30, 2016 Mumbai: To mark its fourth anniversary, Architectural Digest (AD) India, the ultimate design bible published by Condé Nast India, hosted the third edition of the exclusive AD50 event at the Taj Lands End, Mumbai, today. Held in association with Mercedes-Benz and supported by Nilay... Mobile wallet service Spice Mudra records transactions worth Rs.600 Crore in first six months Wednesday, March 30, 2016 Bhubaneswar: Spice Mudra, a prepaid payment wallet developed by Spice Digital - subsidiary of SpiceConnect, witnessed transactions worth Rs.600 Crores in only 6 months, since its launch in October, 2015. Spice Mudra has extended its presence in 16 states from existing 8, with retail part... Milk production in Odisha records 22% growth during 2015-16 Wednesday, March 30, 2016 Bhubaneswar:  The milk procurement in the State during 2015-16 has been enhanced to 19, 25, 93,745 kg thereby recording a growth of around 22 per cent over last year. This was revealed in the high level committee meeting held under the chairmansh... 5th Tripartite Meeting on Safety to Sukinda Mines and Mahagiri Mines held in Bhubaneswar Tuesday, March 29, 2016 Report by Odisha Diary bureau, Bhubaneswar: 5th Tripartite Meeting on Safety with respect to Sukinda Mines and Mahagiri Mines was held today in bhubaneswar. In this meeting Mr. S. Patni, Senior GM(Mines), IMFA presented the implementation status report of 4... NTPC Talcher Kaniha generated 23754 MU power during the fiscal year Tuesday, March 29, 2016 Report by Odisha Diary bureau, Kaniha: NTPC Talcher Kaniha organized a press meet for local journalists. The Press Meet was addressed by Shri N K Kothari, Executive Director,Talcher Kaniha. Speaking to the media persons, he shared the following highlights of the station. Finance Minister Arun Jaitley inaugurates Sydney Branch of Union Bank of India Tuesday, March 29, 2016 Sydney: The Union Finance Minister Shri Arun Jaitley said that the banks have to play an important role in achieving the higher growth rate in the country. He said that the banks would be provided sufficient funds to recapitalise them. The Finance Minister was speaking after inaugurating... Finance Minister Arun Jaitley arives in Sydney on four day Official visit to Australia Tuesday, March 29, 2016 New Delhi: The Union Finance Minister Shri Arun Jaitley said that India needs lot of Foreign Direct Investment (FDI) especially in manufacturing and infrastructure sector. He said that State Governments too are taking keen interest and competing among themselves to have foreign investmen... Bharat Bank Partners With Chillr Tuesday, March 29, 2016 Bhubaneswar: Bharat Bank, a tech-savvy co-operative Bank, today announced its tie-up with mobile payment app Chillr. This association will allow the bank’s customers to instantly transfer money to any contact on their phonebook. Chillr, a first-of-its kind application, is directly ... Mercedes-Benz drives in the world's most admired luxury car in a new avatar, launches the S400 Tuesday, March 29, 2016 Hyderabad: The country’s largest luxury car manufacturer Mercedes-Benz launched the S 400, a new variant of its flagship luxury model the S-Class, for its discerning customers in Hyderabad today. Popularly referred to as the ‘best car in the world’ by the critics and th... Tata Sons increases stake in Air Asia India Tuesday, March 29, 2016 Mumbai: Tata Sons has entered into an agreement with Air Asia India (the company), Telestra Tradeplace (Telestra) and two of the directors of the company, being S Ramadorai (chairman) and R Venkataramanan, under which Tata Sons proposes to increase its stake in the company to 49 percent ... Over 84% projects stuck in different stages of implementation: Study Tuesday, March 29, 2016 New Delhi: Over 84 per cent of total investments attracted by irrigation sector in India as of FY 2014-15 have remained stuck in various stages of implementation, while all investment projects in irrigation sector in Chhattisgarh and West Bengal have remained stuck the scenario was no di... Tata group showcases its capabilities in defence and aerospace at DefExpo 2016 Tuesday, March 29, 2016 Goa: The Tata group is displaying its end-to-end design to manufacturing capabilities at the DefExpo 2016 that kicked off today in Goa. These include a range of solutions in the defence and aerospace sector in areas such as design, engineering, programme management, manufacturing and pro... Rising interest of online trading amongst the young investors: ASSOCHAM Survey Tuesday, March 29, 2016 New Delhi: With easy availability of gadgets, use of superior technology, rising internet speed and access to analyst information, there is steep rise of over 76% of online trading among the young investors in the last couple of years as a primary source of additional income reveals the ... Loan burden on Odisha to be Rs56,640.12 crore by end of the current financial Tuesday, March 29, 2016 Bhubaneswar: The loan burden on the State Government would be Rs56,640.12 crore by the end of the current financial year 2015-16. Finance Minister Pradip Kumar Amat informed this in the Assembly in response to a question of BJP MLA Dilip Ray on Monday. Honda 2Wheeler kick-starts first-of-its-kind Maha Exchange Mela in Cuttack! Monday, March 28, 2016 Report by Odisha Diary bureau, Cuttack: Continuing the success momentum of Maha Exchange Mela conductedin Delhi, Agra, Indore and Kolkata, Patna, Solapur, Kanpur, Raipur, Ranchi, Rajkot, Surat, Pune, Hyderabad, Bangalore and Ludhiana,Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) ... Odisha: Agitation by displaced villagers in Kanpur Irrigation project continues Sunday, March 27, 2016 Report by Malaya Mohapatra, Keonjhar: The agitation for compensation by displaced villagers of Kanpur Irrigation Project in Keonjhar District has brought a halt to the construction work in the dam site at Basudebpur since the last 10 days.  Simple verb... HindalcoFacilitates Cataract Screening Camp at Hirakud in Odisha Saturday, March 26, 2016 Hirakud: Hirakud based Hindalco Industries Ltd., a unit of Aditya Birla Group has been facilitating and providing specialized health care attention to the people from near its plant periphery under its various CSR programmes. In a special drive taken up to bring respite to the people of ... Pellet Plant of JSPL receives prestigious JIPM-TPM Excellence Category 'A' Award Friday, March 25, 2016 Bhubaneswar: As a mark of recognition of its excellence in best practice in Total Productive Maintenance (TPM), Pellet Plant of Jindal Steel & Power Limited (JSPL) in Barbil has been awarded with TPM Excellence Category “A” Award by Japan Institute of Plant Maintenance (J... India to have 160 million smartphone users by 2017: ASSOCHAM Thursday, March 24, 2016 New Delhi: With in-built camera and other internet-enabled features, sales of smart phones in India are set to shoot up to 160 million in FY' 17 from 100 million in FY' 16 on the back of prices becoming affordable for a larger number of people, coupled with replacement of ordinary phones... Odisha Forum organized Panel discussion on Agricultural Development of Odisha Wednesday, March 23, 2016 Report by Odisha Diary bureau, New Delhi: Odisha Forum organized a Panel discussion on “Accelerating Agricultural Development of Odisha” on Sunday the 20th March 2016, at IIC Annexe, New Delhi.  Along with the invited Panelists Shri Shobhana Pattanayak, Secre... Finance Minister Arun Jaitley to leave on Four Day Official Visit to Australia on 28th March Wednesday, March 23, 2016 New Delhi: Union Finance Minister Arun Jaitley will be leaving on a 4-day official visit to Australia on 28th March, 2016. One of the main objectives of the Finance Minister’s visit to Australia is to attract foreign investment in India especially in Infrastructure sector among oth... Honeywell Partners With Indian Manufacturer To Increase Supply Of Low-Global-Warming-Potential Auto Refrigerant Wednesday, March 23, 2016 New Delhi: Honeywell (NYSE: HON)announced today that it has entered into asupply agreement and technology license withan Indian manufacturer to produceHoneywell Solstice® yf, an automobile refrigerant with a global warming potential of less than 1.   Jaguar to build iconic XKSS, the worlds first supercar Wednesday, March 23, 2016 New Delhi: Jaguar is to build the stunning XKSS as an ultra-exclusive continuation model. Nine new XKSS’s - often referred to by experts as the world’s first supercar - will be hand built by Jaguar Classic to the exact specification as they appe...
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Kalinga Lancers lift maiden Hockey India League title, beats Dabang Mumbai.
Kalinga Lancers lift maiden Hockey India League title
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