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CII-PwC Hospitality Survey reveals 82% CEOs in the sector confident of robust growth
Monday, February 13, 2012

New Delhi: India’s Hospitality sector is expected to witness high growth over the long-term as per CII-PwC latest survey report titled ‘Hospitality insights: From the Indian CEOs’ desk’. More than 80% of CEOs interviewed believed that India will not be affected by the economic do...

Malaysia Airlines Wins ‘World’s Leading Airline To Asia’ Award
Monday, February 13, 2012

Report by Santanu Ganguly; New Delhi: Malaysia Airlines has been named ‘World’s Leading Airline to Asia 2011’ by the World Travel Awards for the second year running. The Award to the national airline, as voted by travel professionals worldwide, was presented at a gala event on 11...

Odisha: Cabinet approves draft Budget of Rs 52,000 cr
Sunday, February 12, 2012

Bhubaneswar: With the first session of the State Assembly for 2012 beginning from February 21, the State Cabinet on Friday approved the draft Budget for the fiscal 2012-13.

The meeting was presided over by chief minister Naveen Patnaik at the State Secretariat here.
Finance minister...

NALCO dismisses reports of ash slurry pipe burstsý
Saturday, February 11, 2012

Report by OrissaDiary.com correspondent; Bhubaneswar: Odisha-based PSU NALCO dismisses reports of ash slurry pipe burstsý. In a press statement NALCO clarified that ash slurry from CPP of Nalco is conveyed to the Ash Pond by 08 nos. of pipelines. Ash slurry header- 2 was choked b...

“India is moving towards paper less kind of Insurance Industry”: Mr. J Hari Narayan, Chairman, IRDA
Saturday, February 11, 2012
New Delhi: India is moving towards a paperless kind of insurance industry. “IRDA is working on the repositories and contractual liabilities to suit to the requirements of a paperless insurance industry”, said Mr. J Hari Narayan, Chairman, Insurance Regulatory and Development Authori...
Jindal stainless limited seek Odisha government support for raw-material security
Saturday, February 11, 2012

Report by P K Pattanaik; Bhubaneswar: Ratan Jindal led  Jindal stainless limited (JSL) seek state government support for  raw-material security. Company strives hard to continue production at its Kalinga Nagar plant but failed due to chrome ore deficiency.

C...

Tata Consultancy Services wins special innovation award in France
Saturday, February 11, 2012

Mumbai: Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS), a leading IT services, consulting and business solutions organisation, announced that the Greater Paris Investment Agency (GPIA) had conferred on TCS the “Prix spécial de l'innovation de Paris-Ile de France Capital...

Legrand Group makes an offer to Numeric Power Systems for the acquisition of its UPS business
Saturday, February 11, 2012

Chennai: Electrical equipment majors, Numeric Power Systems Ltd and Legrand Group today announced that both the parties have signed definitive agreements whereby Legrand Group will acquire the UPS division of Numeric Power Systems Ltd. The association which is subject to customar...

Consumer affairs ministry against imposition of CTT in the Budget
Saturday, February 11, 2012

New Delhi: The ministry of consumer affairs, food and public distribution is not in favour of commodities transaction tax as it will restrict the growth of futures market, secretary Rajiv Agarwal said today amid reports that the ministry of finance is contemplating such a move to...

Allow banks as intermediaries in commodities futures market: ASSOCHAM
Friday, February 10, 2012

New Delhi: To increase the penetration of savings instruments and upgrade financial literacy in rural areas, industry body ASSOCHAM today called for permitting banks as intermediaries in commodities futures market so that economic benefits of development spread beyond urban pocke...

Floriculture industry to cross Rs 8K crore mark by 2015: ASSOCHAM
Friday, February 10, 2012

New Delhi: Growing at a compounded annual growth rate of about 30 per cent, India’s floriculture industry is likely to cross Rs 8,000 crore mark by 2015, apex industry body ASSOCHAM said today.

Currently, the floriculture industry in India is poised at about Rs 3,700 cror...

CII Delegation accompanying Minister Anand Sharma to Pakistan
Friday, February 10, 2012

New Delhi: The Confederation of Indian Industry (CII) has stated that India and Pakistan can achieve bilateral trade of $10 billion by 2015, if barriers to trade and investment are dismantled. This would be substantially higher than the level of $2.7 billion realized in 2010-11.<...

Xavier Institute of Management, Bhubaneswar organizing CSR summit
Thursday, February 09, 2012

Report by Rashmi r Parida; Bhubaneswar: Xavier Institute of Management, Bhubaneswar (XIMB) organizing The National Conference on Corporate Social Responsibility 2012 on 9th February.

This three-day conference will havepaper presentations by individuals from universities ...

Finance Minister Mukherjee called for joint efforts by the Centre and States to modernize the PDS
Wednesday, February 08, 2012

New Delhi: Finance Minister, Shri Pranab Mukherjee has said that massive investment in the agricultural sector is needed as enhanced food production is must for the success of Food Security for all. Inaugurating the State Agriculture and Food Ministers Conference here today, Shri...

Radiation from cell phones, towers in the country within normal limits: Sibal
Wednesday, February 08, 2012

New Delhi: Public health and safety is an exceptionally important subject and the government will ensure that electro-magnetic radiation from mobile phones and towers across the country is within prescribed limits, minister of communications and information technology Kapil Sibal...




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