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ASSOCHAM Welcomes RBI’s Monetary Policy
Wednesday, November 03, 2010

New Delhi: The increase in repo as well as reverse repo rates by 25 basis points and CRR remaining unchanged at 6 percent in the Monetary Policy is on the expected lines of the industry, said Dr. Swati Piramal, ASSOCHAM President.

ASSOCHAM, in view of the prevailing econo...

Volkswagen opened state-of-the-art showroom in Orissa
Wednesday, November 03, 2010

Bhubaneswar: A sophisticated state-of-the-art showroom of Volkswagen was recently opened at Pahal, 15 km from here. It has a capacity to display six cars. Volkswagen Vento will be available to customers starting at `7.29 lakh for the 1.6 litre petrol variant and `8.17 lakh for th...

Orissa CM Naveen Patnaik asks Centre to stop blame game on inflation
Wednesday, November 03, 2010

Report by Orissa Diary correspondent; Bhubaneswar: The Chief Minister Naveen Patnaik on Tuesday countered Sonia Gandhi for her statement that state governments could not escape the blame for inflation.

Reacting on the statement of Sonia, The Chief Minister asked the Centr...

Indo-US relationship needs to move beyond transactional issues says Shiv Shankar Menon
Tuesday, November 02, 2010

New Delhi: The breadth of Indo-US relations extends to all areas of human endeavour, to bilateral and regional issues and the big picture is often not appreciated because “we get caught in transactional issues, such as outsourcing”, Mr.Shiv Shankar Menon, National Security Advise...

FICCI survey says corporate India’s investment plans unaffected by rising bank lending rates
Tuesday, November 02, 2010

New Delhi: Corporate India is brimming with confidence. Its investment plans remain uninhibited by the rising lending rates by banks and its faith in the continuance of
good performance of the Indian economy is unswerving despite the uncertainty about the global economic sit...

Petrol price decontrol have positive impact on OMCs finances says Deora
Tuesday, November 02, 2010

New Delhi: The decontrol in the price of petrol and the subsequent rise in selling price of petrol and increase in diesel price by the government have made a positive impact on the finances of oil marketing companies and would ultimately drive down the fiscal deficit, Mr. Murli D...

4th Water Management & Technology Conference, Aurangabad
Tuesday, November 02, 2010

Aurangabad: Confederation of Indian Industry (CII) organized the 4th edition of its Water Management & Technology Conference on 30th October at Taj Residency in Aurangabad. Ms Malini Shankar, Principal Secretary – Water Supply & Sanitation, Government of Maharashtra was t...

Allow FDI For Development Of ‘Panchyat’, says Dr. Joshi
Tuesday, November 02, 2010

New Delhi: The Rural Development Minister Dr C.P. Joshi, has advocated allowing FDI for developing over 2.44 lakh panchayati all over the country will open the vistas of opportunities and ensure inclusive growth.

Inaugurating ASSOCHAM International conference on ` Rural I...

Tata Motors October sales at 64,757 vehicles
Tuesday, November 02, 2010

Mumbai: Tata Motors’ total sales (including exports) of Tata commercial and passenger vehicles in October 2010 were 64,757 vehicles, a growth of 21 per cent over 53,404 vehicles sold in October 2009. The company’s domestic sales of Tata commercial and passenger vehicles for Octob...

Vedanta to build temple in Orissa’s Lanjigarh
Monday, November 01, 2010

Bhawanipatna: Vedanta Aluminum decided to construct a temple on its plant premises in Lanjigarh. Accordingly, a bhumi puja was held on Friday. The proposed temple would be constructed near the guesthouse.

The industry is also going to inaugurate a Vedanta hospital shortly...

Indian life insurance industry: stage well poised for Stable profitable growth; CII-E&Y Report
Monday, November 01, 2010

New Delhi: The Indian life insurance industry is at the threshold of launching Phase III growth and bringing the Insurance industry to a stable position, ensuring “stable profitable growth.” This fact emerges out of a study done by Confederation of Indian Industry (CII) and Ernst...

Tata Steel strives to empower PRI members in Orissa
Sunday, October 31, 2010

Report by Orissa Diary correspondent; Bhubaneswar: Tata Steel, which believes that the Community is the purpose of the Enterprise, has embarked on a mission to empower members of Panchayati Raj Institutions (PRIs) in Orissa.

Since the role of PRIs is vital to the overall ...

Assocham calls on RBI to intervene to arrest rupee appreciation
Sunday, October 31, 2010

Mumbai: ASSOCHAM President Dr. Swati Piramal has advocated liberal credit to productive sector with a view to spur growth and strengthens supply chains and help contain inflation.

ASSOCHAM suggestion to RBI on “Monetary Policy” also stresses the need for reduction in the ...

Orissa: BISWA announces 1 per cent cut in interest rate
Saturday, October 30, 2010

Report by Orissa Diary correspondent; Bhubaneswar: Responding to a call by the state government, social organisations and imminent individuals, Bharat Integrated Social Welfare Agency (BISWA) has reduced 1 per cent cut in its interest rates; – the organization will now provide mi...

Orissa: Dongria Kondhas give memorandum to District Collector demanding Industry
Saturday, October 30, 2010

Report by Rosaline Naik; Kalahandi: “Provide electricity, water and roads, give industry and development to the adivashi”, this was one of the slogans of more than 400 tribal Dongria Kondhas living at the foothills of the Niyamgiri hills who gathered at Bhawanipatna to give a mem...




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