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Vedanta replies to show-cause notice of Environment Ministry
Wednesday, September 15, 2010
Report by Orissa Diary correspondent; Bhubaneswar: Vedanta Aluminium Limited (VAL) today submitted its answer to the show cause notice issued by Ministry of Forest and Environment (MoEF) on alleged violation of various laws. The show caus notice was issued on 31 Aug and Vedanta w...
PHD Chamber for uniform pricing for Natural Gas
Wednesday, September 15, 2010
New Delhi: Price pool mechanism is a way out to the issues of existing multiple prices prevalent in Indian Natural Gas market said Dr. U.D. Choubey, Director General, Standing Conference of Public Enterprises (SCOPE). He was addressing a round table conference on “Pricing o...
New WPI to be more realistic: PHD Chamber
Wednesday, September 15, 2010
New Delhi: The shift in base of whole sale price index (WPI) from 1993-94 to 2004-05 with increase in the number of items and the rise in price quotations, is a step long over due.
Such a move would realign prices to reflect market realities by improving the reliability o...
Industrial output: Growth story still intact at 13.8 pc, says PHD Chamber
Wednesday, September 15, 2010
New Delhi: The robust performance of our industrial sector, which has recorded an impressive double digit growth rate of 13.8 per cent in July 2010 as compared to 7.2 per cent in July last year- has surpassed all expectations. The current growth rate, which has taken place despit...
FMCG sector most active in CSR activities in Q1 of current fiscal: ASSOCHAM
Wednesday, September 15, 2010
New Delhi: Indian industries engaged in sectors such as FMCG, Chemical and IT/ITES have been most active in taking up corporate social responsibility during first quarter of 2010-11, as revealed by The Associated Chambers of Commerce and Industry of India (ASSOCHAM).
Acco...
India-US jointly to identify innovation projects for immediate investment
Wednesday, September 15, 2010
New Delhi: High level US Innovation Delegation is in India to identify concrete projects for immediate investment and market delivery to address specific needs with goal of President Obama and Prime Minister Singh announcing collaborative activities during Obama’s early November ...
Tata Steel’s investment in direct shipping ore project
Wednesday, September 15, 2010
Mumbai: Tata Steel has made a positive investment decision by exercising its option to acquire an 80 per cent interest in the direct shipping ore (DSO) project of New Millennium Capital Corp, Canada (NML or New Millennium). As part of the joint venture (JV) agreemen...
India Telecom 2010 to be held in New Delhi from December 9-11
Tuesday, September 14, 2010
New Delhi: Mr. A Raja, Union Minister for Communications and Information Technology, said here today that wireless broadband is set to receive a major fillip as 3G/BWA rollouts are expected soon with the recently concluded successful auction of 3G/BWA spectrum.
Addressing...
Silicon Valley experts to enlighten budding entrepreneurs of Orissa
Tuesday, September 14, 2010
Report by Orissa Diary correspondent; Bhubaneswar: There is a good news for the both the established and budding entrepreneurs of Odisha. InvestBhubaneswar is in the process of facilitating the launch of TiE-Odisha Chapter at Bhubaneswar. As a part of this process, it will hold an i...
Orissa Vigilance collects Rs 93.56 lakh tax on spot
Monday, September 13, 2010
Bhubaneswar: During the month of August, the State Vigilance conducted raids in different business premises operating under the Vigilance Divisions of Cuttack, Bhubaneswar, Berhampur, Sambalpur, Balasore and Koraput, which led to detection of 29 tax evasion cases. Besides, the Vi...
Doha Deal unlikely in 2010 says Commerce Secretary
Monday, September 13, 2010
New Delhi: Doha Round of Talks at the World Trade Organisation (WTO) s unlikely to happen in 2010 because of unwillingness of US to conclude the deal said Dr. Rahul Khullar, Secretary, Department of Commerce, Ministry of Commerce & Industry. Dr. Khullar however, expressed hop...
Tata Steel announces annual bonus for FY2009-10
Monday, September 13, 2010
Jamshedpur: A Memorandum of Settlement was signed between Tata Steel and the Tata Workers’ Union (TWU), today, for annual bonus for FY2009-10.
Based on the scheme, the annual bonus for FY2009-10 comes to 17.5 per cent of salary / wages (basic + dearness allowance...
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