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India has No Plans For FDI’s, private sector Participation in Nuclear Power Generation
Thursday, March 18, 2010

New Delhi: The government has no proposal to allow foreign direct investments (FDIs) and domestic private sector participation in generation of nuclear energy, given the sensitivity of the sector, according to Mr. Prithviraj Chavan, Minister of State (I/C) for Science & Techn...

Axis Bank opens its second branch at Orissa's Rourkela
Wednesday, March 17, 2010
Report by-Sibananda Dash; Rourkela: Axis Bank has opened its second branch in Rourkela today. Mr. S S Mohanty, Executive Director, Rourkela Steel Plant and Mr. Anindya Sen, SVP – Retail Assets, East Zone, Axis Bank inaugurated the Bank’s branch at Panposh Road.

Speaking o...
IFRS to benefit India Inc; says Mohandas Pai of Infosys
Wednesday, March 17, 2010

New Delhi: As the India Inc is set to converge from the Indian Accounting Standards to International Financial Reporting Standards (IFRS) from 1st April 2011, the industry captains voiced that the convergence would favour Indian corporates eyeing the global markets, at the IFRS s...

Withdraw Service Tax Amendments in Finance Bill 2010-11 as these will make housing costlier: ASSOCHAM
Wednesday, March 17, 2010

New Delhi: The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has urged the Finance Minister to withdraw Service tax amendments in the Finance Bill for 2010-11 as they will not only lead to additional tax burden on home purchases but also adversely impact recove...

JVs Of Skilled & Less Skilled Nuclear Operators Will Push Nuclear Power Generation : Capgemini-ASSOCHAM
Wednesday, March 17, 2010

New Delhi: Nuclear reactor vendors worldwide have to grow their production capacities with joint ventures arrangements and need to bring together know-how of experienced nuclear countries with industrial and human resources of new nuclear countries, according to a Joint Paper of ...

Rice procurement reaches 242.79 lakh tonne, Orissa contributes 16.49 lakh tonne
Wednesday, March 17, 2010

New Delhi: Government agencies have procured 242.79 lakh tonne of rice in the current marketing season so far. As on 16th March 2010, paddy procurement in terms of rice stood at 242.79 lakh tonne which is just 2 percent less than the rice procured on this date last year ( i.e. 24...

Axis Bank opens its branch at Kendrapara in Orissa
Tuesday, March 16, 2010
Report by sibananda Dash, Kendrapara: Axis Bank has stepped into Kendrapara today. Mr. Anindya Sen, SVP – Retail Assets, East Zone, Axis Bank inaugurated the Bank’s branch at Ward No. 21, Bhramaradiapatna, Holding No 2014.

Speaking on the occasion of the inauguration of ...
Knowledge and access to new technologies are key to India-Africa partnership
Tuesday, March 16, 2010

New Delhi: Access to knowledge and latest advancements in science and technology will determine the quality and sustainability of India-Africa partnerships. Stating this in his valedictory address at the 6th CII-Exim Bank Conclave on India-Africa Project Partnership, Dr Vivek Kat...

Government's Decision To Engage Spot Exchanges For Open Market Sale Welcome: FICCI
Tuesday, March 16, 2010

New Delhi: “FCI’s announcement to sell wheat under the open market scheme (OMS) using electronic platform provided by spot exchanges is a welcome move and highlights government’s continuous efforts to contain the food inflation pressure”, said Dr. Amit Mitra, Secretary General, F...

Vedanta Aluminium organizes health camp at Orissa's Jharsuguda railway station
Tuesday, March 16, 2010

Report by Orissadiary bureau;  Jharsuguda: Vedanta Aluminium organizes a daylong mega health camp at Orissa's Jharsuguda railway station on Sunday.

The camp was aimed at providing medical care to the railway porters, hawkers, petty vendors, rickshaw pullers, auto dri...

Orissa Finance Minister presents vote-on-account budget of Rs 17,078.25 crore
Monday, March 15, 2010
Report by Dipti Ranjan Kanungo; Bhubaneswar: Finance Minister Prafulla Chandra Ghadei on Monday presented a 15 pages  vote-on-account (VOA) of Rs 17thousand 78 crore 25 lakh   for the first four months  .The VOA includes Rs 12,360.75 crore non-plan, Rs 3,686.1 cr...
India has a role in Africa’s human capital development: S M Krishna
Monday, March 15, 2010
New Delhi: The Indian private corporate sector has a key role in supporting the Government of India’s capacity building and skills development initiatives in Africa. Stating this in his inaugural address at the 6th CII-EXIM BANK Conclave on India Africa Project Partnership 2010 bein...
India pursues functional collaboration with Africa: Shashi Tharoor
Monday, March 15, 2010
New Delhi: India has all along pursued a functional collaborative approach toward building the partnership with Africa.  Stating this in his special address at the luncheon session of the 6th CII-EXIM BANK Conclave on India Africa Project Partnership 2010 being held in New Delh...
MCL implements e-procurement system
Sunday, March 14, 2010
Sambalpur: The Mahanadi Coalfield Limited (MCL) has implemented the e-procurement system for finalising its various tenders on the state government e-tender portal developed by the National Informatics Centre. The system of e-procurement as implemented in the MCL is unique in the se...
Centre to revive closed fertilizer units at Orissa's Talcher, AP's Ramagundam
Friday, March 12, 2010
New Delhi: The Government of India has decided to explore the feasibility of revival of the closed public sector fertilizer units of Hindustan Fertilizer Corporation Limited (HFCL) and Fertilizer Corporation of India Limited (FCIL) including the Talcher and Ramagundam units of FCIL ...



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