Odisha Business News
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Total loan burden of Odisha increased to Rs 56,640.13 crore Tuesday, December 15, 2015 Bhubaneswar: Total loan burden of Odisha increased to Rs 56,640.13 crore. This was informed by the Finance Minister Pradeep Kumar Amat in the State Assembly on Monday while replying to a question by BJP MLA Dilip Ray. He said the total loan burden of Odisha... JSPL, Barbil bags AIMA award Monday, December 14, 2015 Report by Odisha Diary bureau, Bhubaneswar: Jindal Steel & Power Ltd (JSPL), Barbil has been declared as the runners up at All India Management Association (AIMA) HR Practices Contest-2015 held at New Delhi on 10th Dec'2015. The Topic for this year’s case study contest was &ldq... India Lived upto the Expectations at Cop21 says Piyush Goyal Sunday, December 13, 2015 New Delhi: Union Minister for Power, Coal and New & Renewable Energy, Shri Piyush Goyal said that the whole world was looking at India at COP21 at Paris and we lived up to the expectations. India provided leadership not only to protect the interests of the developing countries and le... India and Japan ink three agreements for cooperation in Railway Sector Sunday, December 13, 2015 New Delhi: India and Japan have signed an MoU on 12th December, 2015 on cooperation and assistance in the Mumbai – Ahmedabad High Speed Rail Project (referred by many as Bullet Train project). The two countries have also entered into two comprehensive technological cooperation agre... Packaged food set to rise to USD 50 billion by 2017: ASSOCHAM survey Sunday, December 13, 2015 New Delhi: The size of packaged food in India is set to witness a quantum jump to USD 50 billion by 2017 from the present level of USD 32 billion growing by a CAGR of 35 per cent on the back of increasing popularity and demand for ready to eat food, snacks as such food is convenient and ... Launch of TAPI is first step towards fulfilling the vision of an economically integrated region: Vice President Sunday, December 13, 2015 New Delhi: The Vice President of India, Shri M. Hamid Ansari has said that the launch of Turkmenistan-Afghanistan-Pakistan-India (TAPI) Gas Pipeline Project marks the first step towards fulfilling the vision of an economically integrated region stretching from the Bay of Bengal to the Ca... Rourkela Steel Plant bags Greentech Environ Excellence Gold Award Sunday, December 13, 2015 Rourkela: The Rourkela Steel Plant (RSP) bagged the Greentech Environment Excellence Gold Award-2015 in metal and mining sector at the 16th annual Greentech Environment and CSR Global Conference held in Hyderabad recently. The award was conferred on the RSP for its outstanding achievemen... Mr P.K. Singh takes charge as SAIL Chairman Sunday, December 13, 2015 New Delhi: Mr. Prakash Kumar Singh, 57, has taken charge as Chairman, Steel Authority of India Limited (SAIL) today. Prior to this assignment, Mr. Singh was the Chief Executive Officer of SAIL’s Durgapur Steel Plant, a position he took over in 2012. Earlier this year in July, 2015,... 8 percent GDP growth rate is achievable if we make united efforts, says President Saturday, December 12, 2015 New Delhi: The President of India, Shri Pranab Mukherjee inaugurated the 185th Anniversary Celebrations of Calcutta Chamber of Commerce today (December 12, 2015) in Kolkata.  Speaking on the occasion, the President said the Calcutta Chamber of Commerce... Investment climate in urban areas improving, asserts Shri M.Venkaiah Naidu Saturday, December 12, 2015 New Delhi: A delegation from 18 Canadian infrastructure companies today held extensive discussions with Minister of Urban Development Shri M.Venkaiah Naidu and senior officials of the Ministry on investment opportunities under various urban sector initiatives launched by the government o... Lakshmi Vilas Bank comes out in a major way to help the flood affected citizens of Tamil Nadu Friday, December 11, 2015 Chennai: Lakshmi Vilas Bank has extended a helping hand to the flood affected people of Tamilnadu and provided relief to them in several ways.   The Bank has ensured that the relief material is directly delivered to the needy people by ensuring that the deliv... Tata Power's Joint-Venture 120 MW Itezhi Tezhi Hydro Power Project in Zambia gets CDM approval from UNFCCC Friday, December 11, 2015 New Delhi: Tata Power, India’s largest integrated power company, today announced that its Joint-Venture of 120 MW Itezhi Tezhi Hydro Power Project in Zambia has received Clean Development Mechanism (CDM) approval from United Nations Framework Convention on Climate Change (UNFCCC).<... Somany Ceramics inaugurates 1st studio in Odisha Thursday, December 10, 2015 Report by Odisha Diary bureau, Bhubaneswar: Somany Ceramics Ltd, one of the leaders in the Indian ceramic industry, today inaugurated in the city a studio for tiles, sanitary ware and bath fittings. The Somany Studio, Odisha Sanitary Pvt. Ltd. at NH-42, Turang Chhak,Near Green Apple Hote... Honda fires final salvo of 2015; Announces start of CB Hornet 160R Sales Thursday, December 10, 2015 Goa: Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) rounded-off a spectacular 2015 by announcing the start of sales of the new CB Hornet 160R in India. A faster, smarter, sportier machine for Indian youth, the CB Hornet 160R was one of the most awaited motorcycles ever since it wa... Bridgestone India launched two fuel efficient passenger car tyre in its Ecopia category tyre line Thursday, December 10, 2015 Delhi:  Bridgestone India, The Indian entity of Bridgestone group, the world’s leading rubber and Tyre Company launched two fuel efficient passenger car tyre in its Ecopia category tyre line, the Ecopia EP150 and EP850. The Ecopia tyre is engineered with a combination of light... WI FI Service Facility to Railway Passengers in total 709 railways stations Thursday, December 10, 2015 New Delhi: Wi-Fi facility with free access to rail passengers for first 30 minutes in a day is proposed to be provided at all A1 (75), A (332) and B(302) i.e. total 709 railways stations. For period after 30 minutes the service will be available on payment.  ... Indirect Tax Revenue (Provisional) Collections Increase to Rs. 55,297 Crore During November 2015 Thursday, December 10, 2015 New Delhi: Indirect Tax Revenue (Provisional) collections have increased from Rs   44,475 crore in November 2014 to Rs. 55,297 crore during November - 2015. Thus an increase of 24.3 % has been registered during November - 2015 over the corresponding period in the previous year. This... Katoch Committee Report on the Bulk drugs will be implemented soon: Ananth Kumar Thursday, December 10, 2015 New Delhi: The Union Minister for Chemicals and Fertilizers, Shri Ananth Kumar has said that the Katoch Committee Report on the Bulk drugs will be implemented soon. Speaking at the Annual Conference of Pharmaceuticals and Medical Devices in New Delhi today, he said that the Ministry has ... Severe shortage of well equipped drug inspectors hurting pharma exports: ASSOCHAM study Thursday, December 10, 2015 New Delhi: India has a meager number of 1,500 well equipped inspectors for more than 10,000 factories engaged in pharmaceutical products leading to the country's products facing regulatory hurdles in the overseas markets like the US which follow stringent protocols for the manufacturing process... Urban sanitation offers USD 1.5 bn business in next 12-14 months: ASSOCHAM study Thursday, December 10, 2015 New Delhi: In the midst of a focus on Swachch Bharat sanitation programme, the market for generating value of municipal solid waste (MSW)  is expected to be worth USD 1.5 billion (about Rs 10,000 crore) in the next 12-14 months,  a comprehensive ASSOCHAM –cKinetics study ... Financial Performance of Air India Improves Wednesday, December 09, 2015 New Delhi: Air India has made substantial improvements in its financial performance. The main areas in which the company has registered improvements in FY 2014-15 in comparison to FY 2011-12 are as follows:   (i) The Operating Loss has consistently reduced si... Odisha achieves over 23 % growth in own tax revenue and 26% growth in plan expenditure Wednesday, December 09, 2015 Bhubaneswar: In spite of the slump and slow growth in market conditions, Odisha has achieved more than 23% growth in own tax revenue collection by November, 2015 in comparison to the corresponding period during 2014. Similarly, the State Plan expenditure has also grown by 26%... Meeting of the Petroleum Minister Dharmendra Pradhan with Finance Minister of British Columbia, Canada Wednesday, December 09, 2015 New Delhi: The Minister of Finance, Government of British Columbia Mr. Michael de Jong, Q.C. called on the Minister of State (I/C) for Petroleum and Natural Gas Shri Dharmendra Pradhan today. The two Ministers discussed progress on various issues of hydrocarbon cooperation.  Canada ... Dr N Mohapatra takes charge as SAIL's Director (Personnel) Wednesday, December 09, 2015 New Delhi: Dr. N. Mohapatra, has taken charge of the Director (Personnel) of Steel Authority of India Limited (SAIL). Prior to this he was, Executive Director (Personnel) at SAIL’s IISCO Steel Plant, Burnpur and Bokaro Steel Plant, Bokaro. Dr. Mohapatra is a doctorate i... Odisha to produce 300 MW to 500 MW of solar energy by 2019-20 Wednesday, December 09, 2015 Bhubaneswar: The State Government has set a target to produce 300 MW to 500 MW of solar energy by 2019-20. This was informed by the Energy Minister Pranab Prakash Das in the State Assembly on Tuesday.  Minister Das said that Odisha has a scope to produ... First Conference of States Finance Secretaries held in New Delhi Tuesday, December 08, 2015 New Delhi: The Minister for State for Finance, Shri Jayant Sinha said that the macro-economic indicators of late have shown positive trend and the structural reforms undertaken have started contributing to the sustainable growth through participation by States. He also stressed on the ne... Strands one of India's biggest Salon Chain now in Odisha capital Bhubaneswar Tuesday, December 08, 2015 Bhubaneswar: Strands, India’s leading salon chain, added another feather in its cap by opening its  latest outlet inPatia Bhubaneswar. Designed and styled to appeal to all who value professional hair and beauty care, Strands Salon ‘N’ Spa is all ready to make Bhuba... Digital commerce market in India may touch $128 billion mark by 2017: Study Tuesday, December 08, 2015 New Delhi: Digital commerce market in India is likely to touch $128 billion in 2017 from the current level of $42 billion in 2015 due to increase in mobile and internet penetration, m-commerce sales, payment options, exciting discounts, according to the joint study brought out by ASSOCHA... India's dietary supplement market may reach $4 bn mark by 2020 Tuesday, December 08, 2015 New Delhi: About 60-70 per cent of dietary supplements being sold across India are fake, counterfeit, unregistered and unapproved, besides it is extremely difficult to identify them, noted a recent ASSOCHAM-RNCOS joint study. “Dietary supplements mark... Govt. to set up 70 more CIPET centres; petrochemical complexes in all 16 refineries Tuesday, December 08, 2015 New Delhi: With a view to boost chemical sector in the country, the Government of India will come out with a national policy on chemicals in a couple of months, Chemicals & Fertilizers Minister, Mr Ananth Kumar said at an ASSOCHAM event held in New Delhi today. CREDAI Odisha to organize Mega-Property-Expo in Jan 2016 Sunday, December 06, 2015 Report by Odisha Diary bureau, Bhubaneswar: Conceptualized with an objective to provide all round platform to its real-estate members as well as other stakeholders by facilitating their overall growth, the Odisha Chapter of Conference of Real Estate Developers Association of India (CREDA... National Pollution Prevention Day Celebrated at NTPC Talcher Kaniha Sunday, December 06, 2015 Kaniha: The National Pollution Prevention Day was celebrated at NTPC Talcher Kaniha on 2nd of December 2015. On this occasion Sh. N. K. Kothari, Executive Director stated the need of the hour is to evaluate our contribution and measures taken to minimize th... Nalconians felicitated for Volunteerism Sunday, December 06, 2015 Bhubaneswar: Shri Manie Ravi, AGM (NALCO), and Smt. Sabita Patnaik, Advisor, Nalco Ladies Club, were felicitated on the occasion of International Volunteer Day for their contributions to various social causes and long standing volunteering services. Shri Ravi & Smt Patnaik were felic... Senior Technocrats hold 23rd Inter Industry Engineering Conference at J K Paper Mills Ltd Sunday, December 06, 2015 Report by Badal Tah, Rayagada: 23rd Inter Company Engineering Conference was inaugurated at S C Jain Auditorium, JK Pur Club, Jaykaypur. Shri Harshpatiji Singhania, Vice Chairman & MD, J K Paper Mills Ltd(JKPL)  graced this occasion as Chief Guest and inaugurated the Conference.... Vedanta wins 5th Annual Greentech CSR Award Sunday, December 06, 2015 Lanjigarh: Vedanta Limited’s Aluminium business unit at Lanjigarh has bagged the prestigious 5th Annual Greentech CSR Award 2015 in the Gold category for outstanding achievements under its community livelihood project, AAJEEVIKA. Vedanta’s Aajeevika represents four projects &... Petroleum Minister Dharmendra Pradhan reviews current status of CNG infrastructure in NCT of Delhi Saturday, December 05, 2015 New Delhi: In the context of recent NGT order, Petroleum Minister, Shri Dharmendra Pradhan, chaired a meeting today to review the current status of CNG Infrastructure in NCT of Delhi. During the discussions, IGL apprised the Minister that IGL has adequate capacity to immediately cater to... IMFA bags Odisha Inc Business Leadership Award-2015 Saturday, December 05, 2015 Bhubaneswar: IMFA has bagged the Odisha Inc Business Leadership Award for   the year 2015, instituted by Odisha Dairy, a web portal. Mr. Sanjeeb Das, Sr. Vice-President, Corporate Affairs and Legal, IMFA received the award from Mr. Debi Prasad Mishra, Minister of Industries and Scho... Petroleum Minister Dharmendra Pradhan presented PAHAL-Guinness world record to PM Narendra Modi Saturday, December 05, 2015 New Delhi: Petroleum Minister Shri Dharmendra Pradhan presented the certificate received from Guinness Book of World Records to the  Hon'ble Prime Minister Shri Narendra Modi today in New Delhi. The certificate is in recognition of PAHAL as the largest cash transfer programme in the... Hindalco Bags EHS Award in Enterprise Odisha 2015 Saturday, December 05, 2015 Bhubaneswar: Aditya Birla Group’s Hindalco Company has bagged the prestigious EHS (Environment, Health and Safety) Award for ensuring best practices and adhering to the safety norms prescribed by the Government.  The Head of HindalcoPower Plant M... ICICI Bank organises coin exchange mela in Odisha Thursday, December 03, 2015 Report by Odisha Diary bureau, Bhubaneswar: ICICI Bank Ltd. organised seven coin exchange melas across its branches in Bhubaneswar, Cuttack and Puri last month under the aegis of the Reserve Bank of India.   The Bank periodically organises coin exchange melas... Deepak Srivastav,CVO,MCL receives the e-INDIA AWARD-2015 Thursday, December 03, 2015 Bhubaneswar: Deepak Srivastava, IFS,CVO,MCL was awarded with prestigious "eINDIA Award 2015" at 11th e-INDIA Summit held at MUMBAI. The award was given away in the "Digital Organisation of the Year" category for the project "Installation of Vehicle Tracking System(VTS) in the coal carryi... 'Growth in Togetherness' is the 'mantra' to Success, says NALCO CMD Thursday, December 03, 2015 Bhubaneswar: “Being successful is not a standalone status. As an industry leader, if we want to chart a course of success, we have to take the ancillary industries along with us,” says Mr T.K. Chand, CMD, NALCO. “We are already procuring goods and services worth Rs 400 ... Central University of Odisha VC joins hands with CMD NALCO for development of the region Thursday, December 03, 2015 Koraput: Prof. Sachidananda Mohanty, Vice-Chancellor, Central University of Orissa along with his wife Smt. Simi Mohanty recently had a cordial meeting with Mr. T.K. Chand, CMD NALCO, in the company of senior officials of NALCO.  The discussion focused... Vedanta Jharsuguda won 16th Annual Greentech Environment Award Thursday, December 03, 2015 Jharsuguda: Vedanta Limited, Jharsuguda has bagged the prestigious ‘16th Annual Greentech Environment Award’ for its excellent performance and outstanding achievement in Environment Management in “Gold Category” under “Metal and Mining Sector”. ... Adani-Dhamra Port bagged "Best Stall Award" at the CII Enterprise Odisha- 2015 Thursday, December 03, 2015 Bhubaneswar: Adani-Dhamra Port bagged the “Best Stall Award” in Large Industry Segment at the CII Enterprise Odisha- 2015 industrial exhibition. Union fminister of State for Petroleum and Natural Gas, Sri Dharmendra Pradhan presented the Award to Adani-Dhamra Port at CII Ente... Tata Steel received 1st Runner-up of CII- Environment Safety & Health Award 2015 Wednesday, December 02, 2015 Bhubaneswar: Tata Steel received 1st Runner-up of CII- Environment Safety & Health Award 2015. Mr UmeshRath, Head, DrAmit Kumar, Medical Officer and Mr B R Mohanty, Assistant Manager, Environment, Ferro Alloys Plant ( FAP), Bamnipal, Tata Steel receiving the 1st Runner-up of CII- Env... BIPF Announces Prof Ghanashyam Dash Scholarship for 2015 Monday, November 30, 2015 Bhubaneswar: Bansidahr & Ila Panda Foundation(BIPF), the CSR wing of IMFA announces the 11th edition of 'Professor Ghanashyam Dash Scholarship for Higher Education' to six meritorious students for pursuing their respective degree courses. Instituted in the year 2005, this... JSPL, Badbil bags CII-ESH Award-2015 Saturday, November 28, 2015 Bhubaneswar: Jindal Steel & Power Limited, Barbil has been conferred with the prestigious “CII–ESH Award 2015, Best Practices in Environment, Safety and Health” by CII (Confederation of Indian Industry), Odisha for its outstanding contribution in pollution reduction... Speech of Petroleum Minister Dharmendra Pradhan at launch of World Energy Outlook special report India Energy Outlook Friday, November 27, 2015 New Delhi: Respected Dr. Arvind Panagariya, Vice-Chairman, NITI Aayog; Dr. Fatih Birol, Executive Director, International Energy Agency;Distinguished persons in the audience, members of the press, ladies & gentlemen.     It gives me immense pleasure to be pr... EMIL BAGS FICCI-CSR Award 2015 For Innovative Farming Friday, November 27, 2015 Bhubaneswar: EMIL is honoured with the prestigious FICCI-CSR Award 2015.  The award was conferred by Shri Thaawar Chand Gehlot, Minster for Social Justice & Empowerment, Government of India to EMIL, in presence of Padma BhushanSmtRajashree Birla Ji. EMIL bagged this prestigious award for it...
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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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