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US Rating Downgrade: strong ground for a rate cut by RBI - FICCI
Friday, August 12, 2011

New Delhi: Given the global economic turmoil following the downgrading of the US debt by S&P, it is important that the Indian economy is protected from the adverse effects through urgent policy action.

The strongest signal that can be given to investor community t...

Tata Motors group net revenue grows 24.1 per cent to Rs33,572 crore; profit before tax grows 3 per cent to Rs2,346 crore
Friday, August 12, 2011

New Delhi: The Tata Motors group today reported consolidated revenues (net of excise) of Rs33,572 crore for the quarter ended June 30, 2011, posting a growth of 24.1 per cent over Rs27,056 crore in the corresponding quarter of the previous year, on the back of growth in volumes, ...

Tata Steel registers `5,347 crores Profit After Tax in Q1
Friday, August 12, 2011

Mumbai: Tata Steel Limited today declared Consolidated Financial Results for the quarter ended June 30, 2011. Tata Steel Group recorded profit after tax of `5,347 crores (US$1.2 billion) in Q1 FY’12, almost three times the profit of `1,825 crores (US$408 million) recorded in Q1 F...

Orissa: Paradeep Oil Refinery Projected to be Completed by 1st quarter of 2013 says minister
Thursday, August 11, 2011

New Delhi: Paradeep Oil Refinery Projected to be Completed by 1st quarter of 2013 says Minister of State for Petroleum & Natural Gas Shri R.P.N. Singh in Lok Sabha.

The Minister of State for Petroleum & Natural Gas Shri R.P.N. Singh informed the Lok Sabha in a wri...

JSL Foundation, NIIT Unveil Career Development Centre in Orissa
Thursday, August 11, 2011

Report by Rashmi r Parida; Danagadi: NIIT Foundation (NF), set up to provide world-class education and training to the under-served communities, and JSL Foundation (JF), entered into a strategic partnership to provide job-oriented training in Hardware and Networking to the youth ...

Accenture MD meets Orissa CM Naveen Patnaik
Wednesday, August 10, 2011

Report by OrissaDiary.com correspondent; Bhubaneswar: Global management consulting and technology service leader Accenture's country managing director Avinash Vashist meets Orissa Chef Minister Naveen Patnaik at secretariat in Bhubaneswar on Wednesday.

During the meeting...

Jyotiraditya Scindia explains Rajya Sabha over Orissa's agreement with POSCO to export of iron-ore
Wednesday, August 10, 2011

New Delhi: As per the terms of MoU between POSCO and Government of Orissa signed in June, 2005, POSCO India Limited’s Orissa Plant may swap certain quantities (not exceeding 30% of the total requirement for the Paradeep Plant annually) of such iron ore which have high alumina con...

Government to provide stimulus measures if US crisis begins to bite: Sharma
Wednesday, August 10, 2011

New Delhi: The government will provide stimulus measures to absorb the impact of moderation in exports following a rating downgrade of the United States by Standard & Poor's, minister for commerce and industry Anand Sharma said today.

However, the current volatility i...

Mahindra Satyam announces plans to wind-down its American Depository Share program in 2012
Wednesday, August 10, 2011

Hyderabad: Mahindra Satyam, a leading global consulting and IT services provider, today announced that the Company expects to wind-down its American Depository Share program in 2012.  The Company's American Depository Shares (ADSs) currently trade on the over-the-counter (OT...

Mahindra Satyam announces plans to wind-down its American Depository Share program in 2012
Wednesday, August 10, 2011

Hyderabad: Mahindra Satyam, a leading global consulting and IT services provider, today announced that the Company expects to wind-down its American Depository Share program in 2012.  The Company's American Depository Shares (ADSs) currently trade on the over-the-counter (OT...

Indian Companies Report 10-15 Per Cent Loss of Business Due to European Economic Crisis; Looking at Prospects Beyond Europe: FICCI Survey
Wednesday, August 10, 2011
New Delhi: Indian companies doing business in Europe or those who have invested there are in for hard times. A FICCI Survey on “Current Economic Scenario in Europe and its Impact on Indian Industry’ reveals that over 75 per cent of the respondent companies have suffered loss of busi...
Orissa HC reserves order on Posco land acquisition
Wednesday, August 10, 2011

Cuttack: The Odisha High Court on Tuesday reserved judgment on a petition seeking quashing of the land acquisition proceedings undertaken for the Posco steel plant proposed to be set up at Paradip in Jagatsinghpur district.

The two-judge bench of Chief Justice V Gopala Go...

Union Minister says 45 proposals from Orissa are under consideration
Wednesday, August 10, 2011

Report by OrissaDiary.com correspondent; Bhubaneswar: 45 proposals for setting up of food processing industry in Odisha are waiting for the approval of the ministry of Food Processing of Government of India. While answering a question from Orissa MP Arjun Charan Sethi, the minist...

Orissa Commercial Tax Department wins Jury Award for Best Project Award at e-World forum 2011
Tuesday, August 09, 2011

Report by OrissaDiary.com correspondent; Bhubaneswar: Commercial Tax Department, Government of Orissa was judged as the best project under government to-Business e-Services category by the Jury at e-World Forum 2011. The award was given by Shri Jyotiraditya Scindia, Hon¶ble Minis...

Tata Power Energy Club Gets Another International Award
Tuesday, August 09, 2011
Report by OrissaDiary.com correspondent; Bhubaneswar: Tata Power Energy Club, Tata Power’s nationwide energy conservation movement led by school children, has been bestowed the ‘Best Marketing Campaign of the Year’ Award by CMO Asia Awards 2011 at Singapore. The Best Marketing Campa...



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