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Asturias President makes strong pitch for tie-up with India for development of high speed trains
Friday, June 25, 2010

New Delhi: Describing India as a ‘priority country’ for Spain and the Principality of Asturias for doing business with and two-way investments, Mr. Vicente Alvarez Areces, President of the Principality of Asturias, today strongly expressed his State’s desire to expand the scope o...

Organized Retail Share Likely To Surpass 30% By 2013: ASSOCHAM
Friday, June 25, 2010

New Delhi: Organized retail which presently accounts for close to 4 percent of total market  will increase its share to over 30 percent by 2013, offering huge potential for growth in coming years, says a study, ‘Indian Retailing-The way forward’.

The study brought by...

FICCI Moots R&D Policy For Indian Textiles Industry
Friday, June 25, 2010

New Delhi: FICCI today, emphasised the need for formulating a comprehensive R&D policy for Indian textiles industry. Pointing out that only a small fraction of revenue of Indian textiles industry is derived from innovative, technology intensive or new products, FICCI said tha...

Energy Minister admits Orissa witnessing shortage of power
Thursday, June 24, 2010

Report by Dipti Ranjan Kanungo; Bhubaneswar: Replying to an adjournment motion on Thursday, Energy Minister Atanu Sabyasachi Naik expressed in the Assembly that the State was witnessing shortage of power as availability of electricity has not kept pace with the demand. Water coul...

World Bank approved $255 million fund for Cyclone Risk Mitigation Project in India
Thursday, June 24, 2010

New Delhi: The World Bank today approved a $255 million assistance for the National Cyclone Risk Mitigation Project (I) (NCRMP-I) in support of the first phase of the National Cyclone Risk Mitigation Program.  The objective of the program is to help India mitigate the risks ...

World Bank Lends Record $9.3 billion to India in fiscal year 2010
Thursday, June 24, 2010

New Delhi: The World Bank’s lending to India for fiscal year ending June 2010 will reach $9.3 billion; of this, $2.6 billion came as interest free credits from IDA  (the International Development Association) and $6.7 billion was in the form of long-term, low-interest loans ...

Andhra Pradesh Industrial body team for study tour to CHINA
Thursday, June 24, 2010

Hyderbad: APIIC team for study tour to China APIIC team consisting of chairman and two senior officials are participating in a study tour to china in connection with the shanghai world expo 2010 ,being held at china said its chairman S.Siva rama Subrahmanayam here on Thursday . <...

Reliance Industries , Pioneer Natural Resources Announce Eagle Ford Shale Joint Venture
Thursday, June 24, 2010

Mumbai: Reliance Industries Limited (RIL) today announced that its subsidiary, Reliance Eagleford Upstream LP, has executed definitive agreements to enter into a joint venture with United States based Pioneer Natural Resources Company (NYSE: PXD), of Irving, Texas under which Rel...

Orissa Tourism announces special tour package for Tourist in Car Festival
Wednesday, June 23, 2010

Report by Orisadiary correspondent; Bhubaneswar: The Orissa Tourism Development Corporation (OTDC) has announces special Tour Package for the Tourist in Car Festival. As per the OTDC three special Bus will play towards Puri. These three Busses will operate from Cuttack, Bhubanesw...

Sampurna School Spreads its Wings in Orissa
Wednesday, June 23, 2010

Report by Orissadiary correspondent; Bhubaneswar: Sampurna Foundation is an initiative of a group of educationists of national and international repute. Sampurna School, an endeavor of Sampurna Foundation, believes in providing an environment for children where they meet four bas...

SEBI Chairman says industry should learn lessons from recent global recession
Wednesday, June 23, 2010

New Delhi:  On the Securities & Exchange Board of India''s (SEBI''s) regulations on mutual funds, the Chairman, C B Bhave said that the industry should understand what
investors want, what are the gaps in meeting demands and should identify the ways of filling gaps....

Bhopal Tragedy should be a Huge Learning for India: CII President
Wednesday, June 23, 2010

New Delhi: There are huge lessons for India and Indian Industry in the Bhopal Gas Tragedy, said CII President, Mr Hari Bhartia in a press release issued here today.

An industrial accident, which turns into a human tragedy, and involves compensation for the affected, clear...

12 more Hydel power project to be constructed in Orissa
Tuesday, June 22, 2010

Report by Orissadiary correspondent; Bhubaneswar: About 12 more Hydel power project will be constructed in the state. A Technical coordination committee has been constituted for the purpose. The above committee has identified 12 places for construction of the project.

Th...

Basketball Federation of India and IMG Reliance game up to slam dunk
Tuesday, June 22, 2010

New Delhi: In a first of its kind initiative for the sport of basketball in India, the Basketball Federation of India (BFI) has joined hands with IMG Reliance, a joint venture between IMG Worldwide and Reliance Industries, to develop the sport in the country, from the grassroots ...

PM Dr Manmohan Singh to lay stone for Mannavaram Project in Andhra Pradesh
Tuesday, June 22, 2010

Hyderabad: The Prime Minister Dr Manmohan Singh is visiting Tirupati on 9th July, 2010 and on the same day will reach Tirumala and to have the darshan of the Lord Sri Venkateswara. On the next day, on 10th July, 2010, he will leave for Mannavaram and will lay Foundation Stone for...




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