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Orissa delegation held discussions with the Indo-Canadian Business Council
Sunday, July 04, 2010

Bhubaneswar: The Orissa delegation, led by Minister Revenue and Disaster Management Surjya Narayan Patro, visited the Port of Vancouver, the largest port in Canada. The Team Orissa held talks with the port authorities to explore possibility of establishing a sister port relations...

Food Processing Requires US$ 30 Billion Investment - ASSOCHAM
Saturday, July 03, 2010

New Delhi: India will need approximately over US$30 Billion worth of investment to completely re-structure its processing-food industry to substantially lift up the share of processed food trade, which currently stands at 2.2 per cent in case of fruit and vegetables, 26 per cent ...

Hike in RR and RRR as per Market Expectations: ASSOCHAM
Saturday, July 03, 2010

New Delhi: The  Move of  RBI to exit  from the expansionary  monetary policy in a measured manner by increasing Repo as well as Reverse Repo by 25 basis points has been as per market expectations  to contain inflation as well as anchor inflationary expect...

Sa-Dhan reiterates its responsibility to reduce poverty in Orissa
Friday, July 02, 2010

Report by Orissadiary correspondent; Bhubaneswar: Sa-Dhan, the national association of Microfinance institutions opened its first state chapter in India on July 2nd 2010 in Bhubaneswar. The event was attended by Sri Jagadananda, state information commissioner and Reserve Bank as ...

Union Minister Srikant Jena Invites French Investment in Chemical, Petrochemical Sector
Friday, July 02, 2010

Report by Orissadiary bureau; Bhubaneswar: Minister of State for Chemicals and Fertilisers Srikant Kumar Jena has urged leaders of business and industry in France to invest in the fast expanding chemical and petrochemical sector in India.

The Minister was addressing a...

Schneider Electric India installs solar lighting system in Orissa's Gajapati village
Friday, July 02, 2010

Bhubaneswar: Schneider Electric India (SEI), a global specialist in energy management, celebrated its community initiatives week by undertaking installation of solar home-lighting system in the remote un-electrified Pachidia village in Gajapati district.

The company inst...

National Water Policy to encourage Private Sector participation in India’s water sector
Friday, July 02, 2010
New Delhi: India’s National Water Policy encourages private sector participation in planning, development and management of water resources as this is viewed as a key area for introducing innovative ideas, generating financial resources and introducing corporate management and impro...
Set Up International Court For Cyber Crimes: ASSOCHAM
Friday, July 02, 2010

New Delhi: In view of fast increasing threat to national security, a day long conference on ‘Cyber Security & Cyber Law’ has unanimously recommended formation of international court for cyber crimes and independent cyber police de...

Orissa Small Industries Corporation officials arrested
Friday, July 02, 2010

Report by Dipti Ranjan Kanungo, Cuttack: Two senior officers of Orissa Small Industries Corporation has been arrested and criminal case has been filed against one IAS officer by the vigilance for their involvement in coal subsidy scam.

As per the information, the vigilanc...

Mr Biplav Kumar Takes charge as the chairman of Paradip Port Trust
Friday, July 02, 2010

Report by Amarnath Parida ; Paradip: Mr Biplav Kumar took charge as the chairman of Paradip Port Trust after the retirement of former chairman Mr K. Raghuramiaha who has been retired from his post on 30th June’2010. Mr Kumar who was also working as deputy chairman of PPT , has so...

Vedanta`s starts commissioning first unit of 2400 MW Independent Power Plant, Orissa
Thursday, July 01, 2010

Jharsuguda: Sterlite Energy Ltd. (SEL), a flagship company of Vedanta Resources, has ignited their first boiler of 600 MW Independent Power Plant (IPP) at Jharsuguda, Orissa. The first generation of Power will commence from September, 2010. The company has also worked out a subse...

Tata Motors June sales at 67,730 vehicles
Thursday, July 01, 2010
Mumbai: Tata Motors’ total sales (including exports) of Tata commercial and passenger vehicles in June 2010 were 67,730 vehicles, a growth of 49 per cent over 45,440 vehicles sold in June 2009. The company’s domestic sales of Tata commercial and passenger vehicles for June 2010 were...
Tata Power to raise $300 million through its coal SPVs
Thursday, July 01, 2010

Mumbai: Tata Power, India’s largest private power player, has signed an agreement to raise $300 million in Bhira Investments and Bhivpuri Investments coal special purpose vehicles (SPVs) through shares with differential rights to be issued to Olympus Capital Holdings Asia (Olympu...

MVAS Industry Likely To Hit Rs 280 Bln By 2013: ASSOCHAM
Thursday, July 01, 2010

New Delhi: The Indian Mobile Value Added Services (MVAS) industry is projected to register a turnover of Rs 280 billion by 2013 from the current Rs. 97 billion after the rollout of 3G services in India, according to The Associated Chambers of Commerce and Industry of India (ASSOC...

World Bank Provides $780 Million to Improve Suburban Rail System in Mumbai, Enhance Dam Safety in India
Thursday, July 01, 2010

New Delhi: The World Bank today approved $430 million to finance the Mumbai Urban Transport Project 2A to further improve the suburban railway system in the Mumbai Metropolitan Region – one of the world’s largest urban center with a population of 18 million in 2001. The Bank’s Bo...




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