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No Levy Of Dividend Distribution Tax On Any Company says ASSOCHAM
Friday, December 10, 2010

New Delhi: The ASSOCHAM in its pre-budget interaction with mandarins of finance ministry including Revenue Secretary urged the government not to levy dividend distribution tax when dividend is received by an Indian company is subsidiary of another company as it will remove cascad...

IMS opens third wholly-owned center in Bhubaneswar
Friday, December 10, 2010
Report by Orissa Diary correspondent; Bhubaneswar: IMS Learning Resources (IMS), India’s premier institute offering holistic solutions in the field of management entrance exams, today launched its third wholly-owned center in Bhubaneswar at Patia. The institute in past has already i...
Orissa Government likely to renew MOU with Posco soon says Mines Minister
Friday, December 10, 2010

Bhubaneswar: The Government of Orissa is soon going to renew Posco-India’s MoU for the latter’s 12-million-tonne steel project near Paradip. This was announce4d by inister Steel & Mines Raghunath Mohanty on Wednesday.

He said this while replying to a question by Y...

Enterprise Development and Social Entrepreneurs the Key for Sustainable Livelihood & Community Development
Thursday, December 09, 2010

New Delhi: APTEC 2010 saw the unveiling of Value added special quality products in Bamboo for rural livelihood and wonders what this fastest growing grass on earth can do. The bamboo products were unveiled by Mr. D Narasimha Reddy, Vice Chancellor, JNTU, Hyderabad in presence of ...

Centre Should Devise Workable Social Security Scheme: ASSOCHAM
Thursday, December 09, 2010
New Delhi: Taking into cognizance of the recent alarming findings of the Labor Bureau’s Employment and Unemployment survey (2009-10), and keeping in view the double digit rural unemployment excess of labor need to be moved out from agriculture to manufacturing and services, the Asso...
Vodafone Essar signs Wipro to build and manage its fixed line telecom services business
Thursday, December 09, 2010

Bangalore: Vodafone Essar, one of India’s leading cellular service providers, today announced that it has signed a contract with Wipro, a Global IT services company and leading business transformational player. As a part of this strategic engagement, Wipro will support Vodafone E...

Tata Steel views Riversdale Mining as a valuable strategic investment
Thursday, December 09, 2010
Mumbai: Tata Steel  has taken note of the media speculation regarding Riversdale Mining, Australia and the subsequent release by the Company. Tata Steel views Riversdale Mining as a valuable strategic investment and continues to be interested in developing the tenements of the ...
Tata Motors announces host of benefits on Tata Nano
Thursday, December 09, 2010

Mumbai: Tata Motors, today, announced a host of benefits on the Tata Nano, as it deepens its customer reach-out initiatives to expand open sales of the car across the country.
 
The Tata Nano will now come with a four-year / 60,000-km (whichever is earlier) manufac...

Rallis India acquires majority stake in Metahelix Life Sciences
Thursday, December 09, 2010
Mumbai: Rallis India (Rallis), a subsidiary of Tata Chemicals, today, announced the acquisition of a majority stake of 53.5 per cent in Metahelix Life Sciences, a Bangalore-based seeds research company with a portfolio of seeds successfully commercialised over the last three years. ...
Reliance Communications launches STV 36 pack in Orissa
Thursday, December 09, 2010
Bhubaneswar: Reliance Communications on Wednesday announced the launch of its STV 36 pack for its GSM prepaid subscribers in Odisha. This pack is specially designed for consumers having high local usage and wishing to be always in touch with friends and dear ones.
 
P...
HP Gas Launches Art For Awareness Campaign on LPG Safety
Wednesday, December 08, 2010

Report by Orissa Diary correspondent; Bhubaneswar: HP Gas, the LPG SBU of HPCL, a fortune 500 company; a Mega Public Sector Undertaking with Navratna status and one of the major integrated oil refining and marketing companies in India, announced the launch of next Phase of its Su...

Godrej Consumer Products Limited to acquire Genteel and Swastik
Wednesday, December 08, 2010

Mumbai: Godrej Consumer Products Ltd (GCPL) today announced that it has acquired a 100% stake in Naturesse Consumer Care Products Limited (“NC”) and Essence Consumer Care Products Limited (“EC”) from Muskan Projects Private Limited for an undisclosed amount. NC and EC own the Bra...

Tata Nano open sales begin in Maharashtra, Karnataka, Uttar Pradesh and West Bengal
Wednesday, December 08, 2010
Mumbai: Tata Motors today announced open sales of the Tata Nano in the states of Maharashtra,  Karnataka, Uttar Pradesh and West Bengal. Residents of these 4 states, who are desirous of driving home a Tata Nano but had not booked the car during 2009, will be able to purchase a ...
Restore Exemption on Interest on ECBs & Exemption of Interest Income of Infrastructure Capital Funds: FICCI President
Wednesday, December 08, 2010

New Delhi: In a bid to accelerate the pace of economic growth, FICCI has called upon the Finance Ministry to lower the cost of borrowing for industry and make raising of capital for investment in critical infrastructure projects.
 
This should be achieved by restor...

CII suggests establishing Rural Broadband Infrastructure through investment of about Rs. 40000 crores in a PPP model
Wednesday, December 08, 2010

New Delhi: Confederation of Indian Industry (CII) released the Study “Deployment Models and Required Investments for Rural Broadband Infrastructure in India”, conducted by CII and Analysys Mason, here today.

It estimates that a total investment of Rs 39,700 crores (US...




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