Odisha Business News
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Seminar on 'Strategy for Augmentation of Export from Odisha' Wednesday, January 13, 2016 Report by Sambit Samal, Bhubaneswar: On the fifth day of MSME Trade Fair 2016, a seminar on ‘Strategy for Augmentation of Export from Odisha’ was inaugurated by F.M nayak, Additional secretary, MSME dept. of Odisha. He stressed on the need to support and create awareness amon... FM Arun Jaitley said Government to continue its Focus on Governance Reforms in Banking Sector Tuesday, January 12, 2016 New Delhi: The Union Finance Minister Shri Arun Jaitley said that there was considerable improvement in the opening of Basic Savings Bank Deposit Accounts (BSDAs) during the year 2015-16 in view of the Government’s initiative under the Pradhan Mantri Jan Dhan Yojana (PMJDY). <... Inclusive growth is high on the priorities of the present Government: FM Arun Jaitley Tuesday, January 12, 2016 New Delhi: The Union Finance Minister Shri Arun Jaitley said that the inclusive growth is high on the priorities of the present Government and the Government will take adequate measures to ensure social security for the children, women and senior citizens of the country. The Finance Mini... Mercedes-Benz launches its first ever SUV Coupe Tuesday, January 12, 2016 Mumbai: The country’s leading luxury car maker, Mercedes-Benz India started 2016 with the introduction of a product without a predecessor in its Indian portfolio, the GLE 450 AMG Coupé.This SUV takes dynamism and sportiness to the next level with a first of its kind to be la... Safety Fortnight celebrations begin at MCL Tuesday, January 12, 2016 Report by Odisha Diary bureau, Sambalpur: Mr A K Jha, Chairman-cum-Managing Director, Mahanadi Coalfields Limited today  inaugurated the Safety Fortnight celebrations 2015-16, an annual feature in the company to create safety awareness in mining operations.  <... Dabur enters Natural Face Wash Market with brand Gulabari Tuesday, January 12, 2016 Hyderabad: India’s leading natural personal care company Dabur India Ltd announced the expansion of its Skin Care portfolio with the launch of a bouquet of Rose-based Face Wash products under the brand Gulabari. The range includes three products -- Dabur Gulabari White Rose Soft Fa... Hero Cycles Announces Appointment of Rohit Sharma as Chief Communications Officer Tuesday, January 12, 2016 New Delhi:  Hero Cycles, the world’s largest cycle manufacturer by volume, today announced another senior level executive appointment of Mr.Rohit Sharmaas Chief Communications Officer.Hiscore responsibility is leading and driving all communications for the Hero Cycles group an... Devender Kumar Sikri takes oath as the Chairman of Competition Commission of India Monday, January 11, 2016 New Delhi: Shri Devender Kumar Sikri, an officer of 1975 batch of Indian Administrative Service (IAS) today took oath as the Chairman of Competition Commission of India (CCI). Shri Sikri was sworn in by the Minister of Finance, I&B and Corporate Affairs Shri Aurn Jaitley in the prese... Odisha: Week long road safety campaign flagged off at Vedanta, Jharsuguda Monday, January 11, 2016 Report by Odisha Diary bureau, Jharsuguda: Vedanta Limited, Jharsuguda embarked on a week long road safety awareness campaign from 10th January to 16th January 2016 to promote and inculcate road-safety consciousness among drivers, helpers, labourers, plant personnel and the community mem... Union Minister Dharmendra Pradhan reviews status of various projects in oil sector to be implemented in Bihar Monday, January 11, 2016 New Delhi: Prime Minister had announced a developmental package for Bihar, consisting of various projects in different sectors.  In this context, Shri Dharmendra Pradhan, Minister of State (I/C) for Petroleum & Natural Gas, today reviewed the status of various projects in the oi... RINL to Make an Investment of around Rs 38500 Crores in Andhra Pradesh Monday, January 11, 2016 Hyderabad: RINL, the corporate entity of Visakhapatnam Steel Plant inked an MoU with the Government of Andhra Pradesh today during the “22nd CII Partnership Summit & 1st Sunrise AP Investment Meet” currently being held in Visakhapatnam. The Govt. of Andhra Pradesh and RIN... Odisha Chief Secretary directs to ensure 100% implementation of the rules/orders regarding use of fly ash Monday, January 11, 2016 Report by Odisha Diary bureau, Bhubaneswar:  A State level Workshop on use of fly ash in Road Construction organized under the joint aegis of State Pollution Control Board, National Thermal Power Corporation (NTPC) and Fly Ash Research Center (FARC) was inaugurated by Chief Secretar... IDBI Federal takes to sports, fitness route for brand building Monday, January 11, 2016 New Delhi: IDBI Federal Life Insurance, a private life insurer, has taken to sports and fitness as a route to boosting its brand building efforts and contribute to development of sports at grass root levels. The company has identified and partnered a series of initiatives. It has two Bow... Oil price crash to hit NRIs, remittances from Gulf Sunday, January 10, 2016 New Delhi: The crash in crude oil prices with a crippling impact on the economies of the Gulf nations would deal a severe blow to remittances to India, Pakistan and other Asian nations with a maximum possible impact on states like Kerala and Punjab, according to an analysis done by ASSOC... United Andhra Pradesh garnered 2nd highest share in actual exports through agri export zones: Study Sunday, January 10, 2016 Hyderabad: With an export value worth over Rs 2,890 crore, united Andhra Pradesh accounted for second highest share of about eight per cent after Rajasthan (72 per cent) in total net exports value worth over Rs 38,300 crore in terms of states’ actual exports through agriculture exp... Government's LED push to herald an energy efficient era - Piyush Goyal Saturday, January 09, 2016 New Delhi: India has taken up a massive energy efficiency mission under which it will switch over to LED bulbs by the end of 2018, which would result in a saving $ 6 billion per annum, says Union Minister for Power, Coal, New & Renewable Energy, Shri Piyush Goyal.  <... Hindustan Zinc completes its 50 years of existence on 10th January 2016 Saturday, January 09, 2016 Udaipur: As Hindustan Zinc, a Vedanta Group company in Zinc-Lead-Silver business celebrates its Golden Jubilee, completing 50 years of its existence; the company is all set for its next phase of expansion of its mining and smelting operations with an investment of Rs.8000 crore.  Hindustan Zinc Set to Invest Rs. 8000 Crore for its next phase of expansion Saturday, January 09, 2016 Udaipur: Hindustan Zinc is looking to expand its all operations in a time-frame of 3-5 years, taking current ore production levels of 9.36 MTPA to 14.00 MTPA and finished metal production levels from 0.85 MTPA to 1.10 MTPA.   As Hindustan Zinc, a Vedanta Grou... Hindustan Zinc Set to Invest Rs. 8000 Crore for its next phase of expansion Saturday, January 09, 2016 Udaipur: Hindustan Zinc is looking to expand its all operations in a time-frame of 3-5 years, taking current ore production levels of 9.36 MTPA to 14.00 MTPA and finished metal production levels from 0.85 MTPA to 1.10 MTPA.   As Hindustan Zinc, a Vedanta Grou... Petroleum and Natural Gas Ministry launches an online initiative to engage LPG consumers and citizens Saturday, January 09, 2016 New Delhi: The Ministry of Petroleum & Natural Gas (MoPNG) has launched an Online Initiative to engage the LPG Consumers and Citizens of India in providing efficient and citizen friendly services in LPG distribution. Following two online discussion forums have been launched and are a... Nalco's innovative and inclusive CSR initiatives need to be replicated by others, says Narendra Singh Tomar Friday, January 08, 2016 Report by Odisha Diary bureau, Bhubaneswar: Despite the vagaries of international market, Nalco’s consistent performance – both in terms of production, productivity and profitability is commendable, said Shri Narendra Singh Tomar, Union Minister of Steel and Mines, who graced... Government to come out with comprehensive MSME Policy Friday, January 08, 2016 New Delhi: Micro, Small and Medium Enterprises Ministry has decided to come out with a comprehensive policy for MSMEs, which will be drafted by a high powered committee to be headed by former cabinet secretary Prabhat  Kumar.   Announcing this, Shri Kalr... Vodafone India roll out 4G network in Mysuru of Karnataka Friday, January 08, 2016 Mysuru: Vodafone India, one of India’s leading telecommunication services provider, today announced the roll out of itsnext generation, high speed 4G networkin Karnataka beginning with Mysuru. This is following the successful launch of its services in Kerala in December 2015. Built... Indian luxury market to cross $18.3 bln by 2016: ASSOCHAM paper Thursday, January 07, 2016 New Delhi: With increasing brand awareness amongst the Indian youth and purchasing power of the upper class in tier II and III cities, Indian luxury market is expected to cross $18.3 billion by 2016 from the current level of $14.7 billion growing with a compound annual growth rate (CAGR)... FM Arun Jaitley said Indian economy has emerged as one of the fastest growing economies in the world Thursday, January 07, 2016 New Delhi: The Union Finance Minister Shri Arun Jaitley said that Indian economy has emerged as one of the fastest growing economies in the world with its GDP growth accelerated at 7.3 percent in 2014-15 compared to 6.9 per cent growth in 2013-14 and 5.1 per cent in 2012-13, indicating t... PETRONAS partners with Tata Motors to launch Tata Motors Genuine Oil Thursday, January 07, 2016 Mumbai: Tata Motors in association with PETRONAS Lubricants International (PLI) today launched the Tata Motors Genuine Oil (TMGO) for its passenger vehicles range in the India market. TMGO will be the first range of co-branded lubricants jointly developed by the Companies. The co-branded... Odisha Food Supplies Minister demanded supply of more rice to state Thursday, January 07, 2016 New Delhi: Food Supplies and Consumer Welfare Minister Sanjay Dasburma on Wednesday met Union Minister of Food and Public Distribution Ram Vilas Paswan.  During his meeting Dasburma demanded supply of more rice instead of wheat to the State. Dasburma a... Oil PSUs to invest Rs 28,750 Cr for BS VI Auto Fuels says Petroleum Minister Dharmendra Pradhan Wednesday, January 06, 2016 New Delhi: Shri Dharmendra Pradhan, Minister of State (IC), Petroleum & Natural Gas, in a meeting, informed that Oil PSUs will invest about Rs. 28,750 Crores for switching over to BS-VI auto fuels. Keeping in view the environmental impact, rising pollution levels and consequent healt... CCEA approves Closure of HMT Watches Ltd. (HMTW), HMT Chinar Watches Ltd. (HMTCW) and HMT Bearings Ltd. (HMTB) Wednesday, January 06, 2016 New Delhi: The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has given its approval for offering attractive VRS / VSS packages at 2007 pay scales to mitigate the hardships being faced by the employees of HMT Watches Ltd., HMT Chinar Watches Ltd.... Keep all services provided for agricultural produce out of service tax ambit: ASSOCHAM plea Wednesday, January 06, 2016 New Delhi: Apex industry body ASSOCHAM has urged the Finance Ministry to keep all services provided for agricultural produce outside service tax ambit. “Services like warehouse management, security, laboratory testing and others that are essential to ... Pakistan must be encouraged to develop 'vested' economic interest in India for lasting peace: ASSOCHAM Wednesday, January 06, 2016 New Delhi: Without getting bogged down by the terrorist attack on Pathankot Airbase, India must remain engaged with Pakistan to the extent that the Pakistan economy develops a ‘vested’ interest in the Indian economy which would then mean heavy economic costs for brazen milita... Vedanta refinery gets Odisha Pollution Control Board nod for expansion Wednesday, January 06, 2016 Bhubaneswar: The Odisha Pollution Control Board (OPCB) has extended its consent for another period of five years for expansion of the Vedanta alumina refinery project at Lanjigarh in Kalahandi district. The OPCB has extended the consent period till February... START-UP India to be Launched by Prime Minister Narendra Modi on 16th January, 2016 Tuesday, January 05, 2016 New Delhi: The Government of India is launching the “Start-up India,” movement on January 16th, 2016 in New Delhi. The event is aimed at celebrating the entrepreneurship spirit of country’s youth and will be attended by CEOs and founders of top Start-ups (over 1500) fro... Centre, Jharkhand, JBVNL signed MOU under the Scheme UDAY Tuesday, January 05, 2016 New Delhi: The Government of India, the State of Jharkhand and the JBVNL (Jharkhand Bijli Vitran Nigam Limited) signed a Memorandum of Understanding (MOU) under the Scheme UDAY – “Ujjwal Discom Assurance Yojana” here today.  The MoU f... Mitsui, Tata Projects, IRCON consortium commence work on Western Dedicated Freight Corridor Project Tuesday, January 05, 2016 Hyderabad: TATA Projects Limited, one of India’s fastest growing and most admired infrastructure companies, today announced that it is commencing work on the INR 4,328 Crore project to build the 320-kilometer stretch of the Western Dedicated Freight Corridor, a dedicated freight li... PM Narendra Modi interacts with global oil and gas experts Tuesday, January 05, 2016 New Delhi: The Prime Minister, Shri Narendra Modi, today interacted with global oil and gas experts. The interaction, which lasted over two hours, also included Union Ministers Shri Arun Jaitley, Shri Piyush Goyal and Shri Dharmendra Pradhan, Vice-Chairman of NITI Aayog Shri Arvind Panag... Best-selling Freelander 1 becomes latest Land Rover Heritage vehicle Tuesday, January 05, 2016 Whitley: Produced between 1997 and 2006, the Land Rover Freelander 1 remains one of the brand’s best-selling models and is now officially a Land Rover Heritage vehicle. Land Rover Heritage specialises in cars, services, parts and experiences for classic Land Rover models and the Fr... Tata Motors sales for December 2015 at 39,973 units Tuesday, January 05, 2016 Mumbai: Tata Motors continued to witness year-on-year growth in the M&HCV segment in December 2015, with a growth of 2 percent. Total sale of Tata Motors passenger and commercial vehicles (including exports) were at 39,973 vehicles, lower by 4 percent, over 41,734 vehicles sold in De... FM Arun Jaitley said Key challenges faced by the Indian agriculture include the need to increase productivity Monday, January 04, 2016 New Delhi: The Union Finance Minister Shri Arun Jaitley said that said the key challenges faced by the Indian agriculture are the need to increase productivity by leveraging technology-especially for high yielding and resistant variety seeds and efficient utilization of water, adapt late... Finance Minister says To make health and social security benefits accessible to un-organised sector workers Monday, January 04, 2016 New Delhi: The Union Finance Minister Shri Arun Jaitley said that the making social security schemes accessible to unorganised sector workers is a major challenge, which the Government is keen to address at this juncture where the unorganised sector is growing at a faster pace.  Aford to host "Aford Homes Expo 2016" Monday, January 04, 2016 Bhubaneswar: Association For Odisha Realestate Developers (AFORD) is one of the prominent recognized body of the Real Estate Developers in Odisha. It brings together members dealing in Real Estate Development with ethics and integrity onto one common platform to address various issues re... Support to blind and physically challenged by NTPC Kaniha Monday, January 04, 2016 Report by Odisha Diary bureau, Bhubaneswar: NTPC Tacher Kaniha in association with Utkalmani Gobabandhu Dhristihina Kalyan Samiti,Kaniha distributed shawls ,dhotis ,sarees & towels among 700 blind & physically challenged persons on 03.01.2016 under its CSR initiative. E-Commerce Industry will cross $38 bln mark by 2016; Indian e-commerce market set to grow by 67% in 2016: study Saturday, January 02, 2016 New Delhi: E-commerce market in India will likely to touch $38 billion mark in 2016, a huge 67 per cent jump over the $23 billion revenues for 2015, reveals the ASSOCHAM latest paper.   The industry has witnessed an unprecedented growth of 52 per cent over 20... Kerosene subsidy to be targeted to the really needy Friday, January 01, 2016 New Delhi: The National Sample Survey 2011-12 indicates that the total consumption of kerosene in the country, including both open market and PDS kerosene, was 71.30 lakh kilolitres.  Even though consumption of kerosene has been coming down over the years, 86.85 lakh kilolitres of s... Odisha: New Year Celebration at NTPC Talcher Kaniha Friday, January 01, 2016 Report by Odisha Diary bureau, Kaniha: New Year was celebrated at Talcher Kaniha on 31.12.2015.On this occasion ,a gala musical night programme was organised by “Recreation Centre” and executive club “Mahanadi Club” at its township campus. The musical programme at... Odisha Govt Cabinet approved proposla to increase VAT from 13.5 per cent to 14.5 per cent on luxury products Friday, January 01, 2016 Bhubaneswar: The State Cabinet on Thursday approved a proposal of increasing Value Added Tax (VAT) from 13.5 per cent to 14.5 per cent on fashionable and expensive products. With this, cost of cars, motorcycles, fridges, washing machines and TVs would be increased. The Cabine... New Year Celebration at JSPL's Shramik Vihar Thursday, December 31, 2015 Report by Odisha Diary bureau, Angul: The Jindal Steel & Power Ltd. (JSPL), Angul organized a grand New Year celebration programme for its workers staying at the Shramik Vihar Area of the Company on December 30, 2015 evening. Executive Director and Location Head of the unit Mr. Dines... MTDC and Pawan Hans signs MoU for tourists to enjoy city tour on the chopper Thursday, December 31, 2015 Mumbai: Tourists will soon be able to enjoy a stunning spectacular aerial view, watch the unique cityscape and glare at the most lively city, as the State Government launches "Mumbai Darshan" helicopter flights from January 7, 2016.  Maharashtra Touris... Odisha Dry fish traders, trawler owner's tussle ends in Paradeep Wednesday, December 30, 2015 Report by Kahnu Nanda, Paradeep:  The  week long dry fish traders and trawler owners tussles came to an end after the agitating organizations held meeting with civil administration, police, fishery and revenue department officials at Kujanga block office on Tuesday and resolved... Aditya Aluminium working towards women empowerment in Odisha Wednesday, December 30, 2015 Report by Odisha Diary bureau, Sambalpur: Communities, particularly women living in rural areas, often face food crises which subsequently lead to malnutrition and other disorders. Typically, the income from small landholdings and agricultural harvests lasts only for six months. <...
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India England ODI match at Barabati Stadium in Cuttack
India England ODI match at Barabati Stadium in Cuttack
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