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Strong capital base, technological backup must for healthy growth of MFIs: ASSOCHAM
Saturday, August 20, 2011

New Delhi: Apex chamber ASSOCHAM today called for raising the minimum capital requirement for micro finance institutions (MFIs) to at least Rs 25 lakh backed with a strong technology intervention for adequate reporting, supervision and regulation.

The Micro Finance Instit...

India should take lead in energising BIMSTEC: ASSOCHAM
Saturday, August 20, 2011

New Delhi: With a gloomy economic scenario in the United States and the European Union, India should take lead and provide a new meaning to the BIMSTEC engagement that has potential of generating trade worth 43 to 59 billion dollars under a proposed free trade agreement (FTA), ap...

South Korea looks at Punjab as preferred investment destination
Saturday, August 20, 2011

New Delhi: “With an expectancy to grow by 4.5 % to 5 % in the year 2011, and an incredible record of growth and global integration to become hi tech industrialized economy, South Korea has emerged as a major trade basket for India”, said H .E. Mr Kim Joong-keun, Ambassador Extrao...

Orissa Government to set up 10 more ports, 2 port proposals deferred
Saturday, August 20, 2011

Bhubaneswar: Orissa Government to set up 10 more ports, 2 port proposals deferred. This was said by Commerce Minister Sanjeev Sahoo on State Assembly. He said that development of two of the 12 proposed ports in the coast line had been postponed following objections from the Union...

Will double India’s Share in Global Trade by 2020: Anand Sharma
Saturday, August 20, 2011
New Delhi: Addressing the Export Summit organized by the Confederation of Indian Industry (CII) in New Delhi today, Mr. Anand Sharma, Minister of Commerce and Industry, Government of India emphasized the need to increase India’s share in global trade which is currently less than 2%....
Wipro Lighting innovates in LED and Wipro Furniture launches “Designer” ranges
Friday, August 19, 2011

New Delhi: Wipro Lighting and Furniture Business today at its signature event “Light & Furniture Show” launched its  premium range of indoor and outdoor LED-based lighting range, Paris based designer Urban lighting range “Vola” and new age designer modular furniture, “WE...

TCS annonuces launch of iON in NCR
Friday, August 19, 2011

Bhubaneswar: Tata Consultancy Services (TCS) announced the launch of iON  - the first-of-its-kind fully integrated information technology solution for Small and Medium Business (SMB) in National Capital Region.

iON provides best-in-class, on-demand business solut...

Orissa CM calls on upon bankers in the State to improve credit-deposit ratio
Friday, August 19, 2011

Bhubaneswar: Odisha Chief Minister Naveen Patnaik on Thursday called upon bankers in the State to improve the credit-deposit ratio. He also asked them to increase advances to the agricultural sector and to activities creating employment opportunities. He said this while inaugurat...

ASSOCHAM says in tier III cities Bhubaneswar, Mysore, Cuttack registered highest job opening in July
Thursday, August 18, 2011

Report by OrissaDiary.com correspondent; Bhubaneswar: Despite fear of slowdown in services and export sectors, the Delhi-NCR region continues to create job opportunities followed by major tier I cities as India Inc registered significant growth in July as against the correspondin...

BoardMarks Education enters Orissa
Thursday, August 18, 2011

Report by Rashmi r Parida; Bhubaneswar: BoardMarks Education Private Limited, a pioneer in after school hours Education program, today launched its operation in Bhubaneswar (Orissa). The company opened its maiden branch at BJB Nagar.

The center intends to provide an edge ...

SAIL Chairman urges ISP for faster project implementation
Thursday, August 18, 2011

New Delhi: The Chairman of Steel Authority of India Limited (SAIL), Mr. C.S. Verma, visited IISCO Steel Plant (ISP) at Burnpur in West Bengal on 12th August to review progress of its ongoing modernisation & expansion programme being implemented at a cost of about Rs. 16,408 c...

Tata Consultancy Services retains 1 Service Provider rank in the Nordic Region
Thursday, August 18, 2011

Bhubaneswar:  Tata Consultancy Services (TCS) was recently ranked as the number one service provider across the entire Nordic region on key performance indicators surveyed in KPMG/EquaTerra’s Nordic Region Service Provider Performance & Satisfaction Study 2011. This is T...

Orissa Govt signs deal with Hyderabad-based Institute for setting up DNA testing facility at Bhubaneswar
Thursday, August 18, 2011
Report by OrissaDiary.com correspondent; Bhubaneswar: An MoU(Memorandum of Understanding)  has been signed between the Centre for DNA Fingerprinting and Diagnostics(CDFD), Hyderabad and Institute of Life Sciences(ILS), Bhubaneswar and Government of Orissa represented by the Pri...
Orissa seeks Posco views on iron ore swapping rider
Thursday, August 18, 2011

Bhubaneswar: The Odisha government on Wednesday asked a delegation of Posco-India to inform the company's views on the controversial swapping of iron ore clause in the previous MoU, official sources said.

We have told the Posco-India delegation to give us in writing about...

Orissa: ECoR GM says Khurda Road-Begunia line to be operational soon
Thursday, August 18, 2011
Bhubaneswar: Addressing a gathering of staff, officers and their family members on the occasion of the 65th Independence Day here on Monday, Arvind Kumar Vohra, General Manager of East Coast Railway (ECoR) said that the railways would shortly be in a position to open Lanjigarh-Bhawa...



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