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First US crude oil cargo of 1.6 million barrels bought by Indian Oil Corporation from the US was received at Paradip Port

Paradip:2/10/17: In yet another success to Odisha, the first US crude oil cargo of 1.6 million barrels bought by Indian Oil Corporation from the US was received at Paradip Port today. A sample of the crude was symbolically presented to Sunjay Sudhir, Joint Secretary (International Cooperation) in the Ministry of Petroleum & Natural Gas, by Anish Aggarwal, Director (Pipelines), Indian ...

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OMFED launched delicious dairy products sweet curd and ice cream during festive season

Bhubaneswar: 26/9/17:Odisha State Cooperative Milk Producers Federation (OMFED) launched sugar free delicious dairy products sweet curd and ice cream during festive season Dussehra here. Along with sugar free curd and ice cream, other dairy products — probiotic curd, vanilla ice cream and gold premium milk with revised prices — were also launched by Odisha Agriculture And Farmers’ Empowerment Minister Damodar ...

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Sanjeev Ku Patra awarded the youngest Hotel Entrepreneur of the Year 2017

Bhubaneswar:24/9/17; Sanjeev Ku Patra received the youngest Hotel Entrepreneur of the Year Award – 2017 from The FEDERATION OF HOTEL AND RESTAURANT ASSOCIATION OF INDIA (FHRAI) at its 52nd convention held in Bangalore.   The honour was presented by Padmashree Chef Shri Sanjeev Kapoor in presence of FHRAI President Mr K Syama Raju. The ceremonial Award function catered to 13 odd categories, out of ...

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Odisha government sought to hardsell business opportunities in the mineral-rich state to Japanese investors

New Delhi: 21/9/17;The Odisha government today sought to hardsell business opportunities in the mineral-rich state to Japanese investors, citing its investment-friendly policies and other incentives on offer. A delegation led by state Industries Minister Niranjan Pujari and Principal Secretary, Industries Department, Sanjeev Chopra called on officials of Japanese companies operating in the country, an official statement said. At a meeting ...

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Naveen Patnaik today urged Prime Minister to keep handloom and handicraft products from the purview of GST

Bhubaneswar:1/9/17: Odisha Chief Minister Naveen Patnaik today urged Prime Minister Narendra Modi to keep handloom and handicraft products from the purview of Goods and Services Tax (GST) in the larger interest of the weavers and artisans of the state. “State Finance Minister had strongly argued in the GST Council that handloom and handicrafts should be kept in the exemption list, ...

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NALCO formally launched AA 3105 Alloy Fan Blade stock, a superior Value Added Rolled Product.

Bhubaneswar:1/9/17; National Aluminium Company Limited, the Navratna Central Public Sector Enterprises of the union government has formally launched AA 3105 Alloy Fan Blade stock, a superior Value Added Rolled Product. The first consignment of the product was flagged off at NALCO’s Smelter Plant in Angul by R.K. Mishra, Executive Director (S&P), A. Acharya, General Manager (Finance) and Sadashiv Samantray, General Manager ...

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Paradip Port Trust inked a concession agreement with Kalinga International Coal Terminal Paradip Private Limited

Paradip:4/8/17: In an attempt to enhance its coal berthing infrastructure, Paradip Port Trust (PPT) today inked a concession agreement with Kalinga International Coal Terminal Paradip Private Limited (KICTPPL), KICTPPL is a Special Purpose Vehicle (SPV) set up by Kakinada Seaports Ltd, Bothra Group, Visakhapatnam and Ripley Group, Kolkata for development of New Coal Berth for Handling Coal Imports in PPP Mode ...

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Indian economy particularly  in terms of   export and employment is facing  severe financial crunch

Newdelhi: 28/7/17:MSME sector which contributes significantly  to the Indian economy particularly  in terms of   export and employment is facing  severe financial crunch . The capital inflow  for growth of the sector is much below the expectation.  As a fall out of it the sector is languishing This was observed by Balasore MP and member of standing committee on industry RK ...

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Jeff Bezos Surpasses Bill Gates as World’s Richest Person

Bloomberg, 27 July 2017: HIGHLIGHTS Bezos’ net worth has exceeded that of Gates on Amazon’s intra-day surge If the gains hold through the close, Bezos, 53, could leapfrog Gates Microsoft co-founder Gates has held the top spot since May 2013 A surge in Amazon.com shares Thursday morning in advance of the online retailer’s earnings report has propelled founder Jeff Bezos ...

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Reliance Industries net profit jumped 10,000-fold in 40 years: Mukesh Ambani

Mumbai:21/7/17:Charting out the long journey by Reliance Industries (RIL) since it was founded by his father Dhirubhai Ambani in 1977, Chairman Mukesh Ambani said on Friday its net profit index had jumped 10,000 times during the period. Describing how from its beginnings as a textiles start-up, RIL has now created “multiple growth engines”, Ambani told shareholders at the 40th annual ...

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