JSW Steel and South Korea’s Posco to invest Rs 65,000 cr in 18 MMT steel plant in Odisha
Nov 05, 2024, at 11:16 pm
Bhubaneswar: India’s JSW Steel and South Korea’s Posco are set to invest Rs 65,000 crore ($7.73 billion) in a planned steel plant in India over the next few years, Reuters reported.
Odisha emerges as India's steel hub, contributing 25% of national production
Oct 23, 2024, at 05:16 am
Bhubaneswar: Odisha has emerged as the country's steel manufacturing hub with Odisha accounting for 25% of the India’s total steel production, according to MD and CEO of mjunction services Ltd Vinaya Varma.
Mining major Vedanta to invest Rs 1 lakh cr in Odisha
Oct 19, 2024, at 05:25 am
Mumbai: Vedanta, a major player in metals and mining, announced plans on Friday to invest Rs 1 lakh crore in Odisha to establish a 6 million tonne per annum (MTPA) alumina refinery and a 3 MTPA green aluminium plant, media reports said.
Aditya Birla Group to set up Rs 8000 cr alumina refinery in Odisha
Dec 23, 2023, at 07:17 am
Bhubaneswar: The Aditya Birla Group will set up an alumina refinery at an investment of Rs 8,000 crore and an apparel unit for an unkown amount of investment in Odisha’s Rayagada district.
Odisha Cabinet approves Bhubaneswar Metro Rail Project Phase-1
Nov 15, 2023, at 07:04 am
Bhubaneswar: Odisha Cabinet on Tuesday approved the proposal for the construction of Bhubaneswar Metro Rail Project Phase 1 with an estimated cost of Rs 5929.38 crore.
Nov 03, 2023, at 03:34 am
Bhubaneshwar: Over the past three to four days, a large number of people have been lining up outside the regional office of the Reserve Bank of India (RBI) in Bhubaneswar to swap Rs 2,000 notes, Indian Express reported.
Odisha: Manganese ore mining resumes in Bolani Ore mines
Aug 31, 2023, at 04:39 am
Bhubaneswar: Manganese ore mining from Bolani Ore Mines has resumed with the mines fulfilling all the requisite compliances.
Green hydrogen ammonia project to be set up in Odisha's Gopalpur Industrial Park
Aug 27, 2023, at 03:34 am
Bhubaneswar: The first ever green hydrogen project on the east coast of India will be set up at an estimated cost of Rs 27,000 crores at the Gopalpur Industrial Park in Odisha.
Odisha train mishap: Gautam Adani takes responsibility to educate children orphaned in the accident
Jun 05, 2023, at 04:28 am
New Delhi: Gautam Adani on Sunday announced that the Adani Group would assume the responsibility of providing education for children who tragically lost their parents in the Odisha triple train accident.
JSL to set up stainless steel industrial park in Odisha
Dec 02, 2022, at 01:22 am
Bhubaneswar/IBNS: Odisha Chief Minister Naveen Patnaik and Jindal Stainless MD Abhyuday Jindal Thursday laid the foundation stone of a stainless steel industrial park through a virtual ceremony held in Bhubaneswar.
Odisha offers best incentive for investors: Naveen Patnaik
Oct 18, 2022, at 06:01 pm
Hyderabad/IBNS: Inviting investors from Telangana and Andhra Pradesh, Odisha Chief Minister Naveen Patnaik said on Monday evening that his government would provide ‘best incentive’ in the country.
Kolkata: Odisha urges apparel & textile investors to set shop in state in roadshow
Sep 08, 2022, at 08:09 pm
Kolkata: Textiles is one of the priority sectors where Odisha hopes to achieve exponential growth in the coming years, Odisha's Handlooms, Textiles & Handicrafts minister of state Rita Sahu Wednesday said, urging investors in the apparel and textile sector to set shop in the state.
PVR Cinemas opens first multiplex in Odisha
Apr 14, 2022, at 09:47 pm
PVR Cinemas, a film exhibition company in India, on Thursday announced the launch of its multiplex in Rourkela, the first in Odisha.
JSW Steel gets green nod clearance for ISP project in Odisha
Apr 12, 2022, at 01:58 am
Mumbai: JSW Utkal Steel Ltd (JUSL), a wholly-owned subsidiary of JSW Steel Ltd, on April 11 received environmental clearance from the Union Ministry of Environment and Forest and Climate Change (MoEF&CC) for setting up a greenfield Integrated Steel Plant (ISP) of 13.2 million tonnes per annum (MTPA) crude steel in Odisha state.
L&T's construction arm bags large contract in Odisha
Dec 14, 2021, at 07:47 pm
Mumbai/IBNS: The construction arm of Larsen & Toubro has secured a large order for its Buildings and Factories business from the Government of Odisha to construct clinical blocks and allied infrastructure for a state-of-the-art hospital in Cuttack.
Jindal Stainless Limited resumes partial operation at its Jajpur facility in Odisha
May 05, 2020, at 07:28 pm
Bhubaneswar/IBNS: Jindal Stainless Steel Limited has resumed operations at its facility in Jajpur Odisha, from Tuesday, following the Government's announcement that economic activities in select sectors can start in a phased manner.
Odisha’s GSDP declines in 2018-19 owing to lower agriculture production: Economic Survey
Feb 17, 2020, at 09:03 pm
Bhubaneswar/UNI: The Real Gross State Domestic Product (GSDP) growth of Odisha in 2019-20 declined compared to the growth in 2018-19 due lower agriculture production and deceleration in mining and manufacturing.
Odisha government approves three investment proposals worth Rs. 17,833 cr in core sectors
Jan 10, 2020, at 07:46 pm
Bhubaneswar/IBNS: The Odisha government approved three investment proposals worth Rs 17,833 crore which is expected to create 6539 new jobs.
WB, Odisha govt use Vikram Solar Modules for installing 300 Solar Water Pump Projects
Dec 19, 2019, at 11:23 pm
Kolkata/IBNS: Vikram Solar, an Indian module manufacturer and EPC & rooftop solar solutions provider, on Thursday, announced the installation of over 300 solar water pump projects in West Bengal and Odisha using the company’s solar modules.
Five investment proposals worth Rs. 2,04,069 crore receive Odisha government's nod
Aug 21, 2019, at 06:56 pm
Bhubaneswar: The Odisha government has approved five investment proposals envisaging investment of Rs. 2,04,069 crore in the 20th High Level Clearance Authority (HLCA) meeting held under the chairmanship of Chief Minister Naveen Patnaik here.
Fifteenth Finance Commission to visit Odisha
Jan 04, 2019, at 06:29 pm
New Delhi, Jan 4 (IBNS): The Fifteenth Finance Commission led by its Chairman, N.K. Singh will visit the State of Odisha from Jan 8 to 11, officials said.
Airtel launches VoLTE services in Kolkata
Mar 13, 2018, at 01:34 am
Kolkata, Mar 12 (IBNS) Bharti Airtel, India’s largest telecommunications service provider, on Moday announced the launch of its VoLTE services in Kolkata.
Exempt electricity duty to boost investments in metallurgical plants: ASSOCHAM plea to Odisha govt.
Dec 01, 2017, at 09:01 pm
Bhubaneswar, Dec 1 (IBNS): Apex industry body ASSOCHAM has urged the Government of Odisha for exemption of electricity duty to encourage investments in setting up metallurgical plants across the mineral-rich state.
Odisha ranks 3rd top-most in attracting live investments across India: ASSOCHAM
Oct 13, 2017, at 09:35 pm
New Delhi, Oct 13 (IBNS): The proactive approach of Odisha government towards consequential implementation of investment intentions seems to have been producing results as rate of under-implementation of live projects has drastically declined from peak level of about 62 per cent in FY13 to about 47 per cent in FY17, according to a just-concluded study conducted by apex industry body ASSOCHAM.
ICICI Bank signs MoU with Government of Odisha for e-governance services
Aug 18, 2017, at 10:07 pm
Bhubaneswar, Aug 18 (IBNS): ICICI Bank, a private sector bank, on Friday said it has signed a Memorandum of Understanding (MoU) with the Department of Electronics & Information Technology, Government of Odisha to provide e-governance services to the people of the state.
Ministry of Railways sanctioned New BG line between Jeypore & Navarangpur in Odisha
Jul 04, 2017, at 11:53 pm
New Delhi, July 4 (IBNS): As per the announcement of Budget 2016-17, the Ministry of Railways on Tuesday said it has sanctioned New BG line between Jeypore & Navarangpur in Odisha.
Jul 03, 2017, at 10:30 pm
Kolkata: July 3 (IBNS): Schneider Electric, the global specialist in energy management and automation, on Monday said it has firmed up plans to acquire a bigger market share in the Rs 5000 crore market for low voltage electrical products such as MCBs, RCCBs, Distribution Boards, Switches & Sockets across India.
Centre working to expand capacity of NALCO to make it major aluminium producer globally
Jun 29, 2017, at 01:22 am
New Delhi, June 28 (IBNS): It has come to the notice of the Government of India regarding a news item appearing in some section of the Press that Government of India is trying to privatise the National Aluminium Company Limited (NALCO) through buyback and offer for sale (OFS).
Jun 03, 2017, at 12:27 am
Kolkata, June 2 (IBNS): The initiative of Odisha Chief Minister Naveen Patnaik to engage with top industry houses during the 3 investors’ meets last year coupled with host of business reforms carried out by the government have paved the way for large investments in the State in diversified sectors.
Odisha's DOA&FE signs MoU with Bill & Melinda Gates Foundation
Apr 22, 2017, at 04:52 am
New Delhi, Apr 21 (IBNS): The Department of Agriculture and Farmers' Empowerment (DOA&FE), Government of Odisha, and the Bill & Melinda Gates Foundation on Friday signed a Memorandum of Understanding (MoU) to further the objectives of improving the lives of smallholder farmers and promoting inclusive agricultural transformation in Odisha.