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Business
Odisha Proposes Rs 100 Crore Fund For Start-Ups
Bhubaneswar: The Odisha government has decided to float a fund of Rs 100 crore to provide seed funding to start-ups in the state for the next three to five years as per requirement.
The decision was taken at a high-level meeting presided…
Odisha To Get First ICC Committee For Women Entrepreneurs
Bhubaneswar: In a first for Odisha, the Indian Chamber of Commerce (ICC) is going to launch a committee to address the growing needs of women entrepreneurs and business leaders in the state.
The ICC Women’s Entrepreneurship Committee…
Odisha Govt Issues Fresh Notice For Auctioning Of 20 Mineral Blocks
Bhubaneswar: The Odisha Government issued a fresh notification on Friday for auctioning of 20 mining blocks.
The previous bidding process was annulled last month after it was found that some companies had adopted unfair means while…
Odisha-Based Shiva Cement Declared Preferred Bidder For Key Limestone Block
Mumbai: Odisha-based Shiva Cement has been declared as a preferred bidder for the Khatkurbahal (North) Limestone Block, which is adjacent to its existing mine and has received the government's nod to expand its mining operation.
JSW…
Odisha-Born Arun Misra Appointed DCEO Of Hindustan Zinc Ltd
Mumbai: Hindustan Zinc Ltd (HZL) has appointed Arun Misra as its Deputy Chief Executive Officer. HZL is the world’s largest and India's only integrated producer of zinc-lead and silver. Misra is expected to play a vital role in the…
Centre Announces 300% Hike In Ex-Gratia For Fatal Coal Mine Accidents
Bhubaneswar: The Centre on Thursday announced a 300 per cent hike in ex-gratia for victims involved in fatal mine accidents. The amount has been increased from Rs 5 lakh to Rs 15 lakh.
The announcement was made by Union Minister of Coal…
Hindalco Enters S&P Dow Jones Sustainability Indices
Mumbai: Good governance, social and environmental initiatives have stood Hindalco Industries Limited in good stead. The metals flagship of the $48.3 billion Aditya Birla Group is the only aluminium manufacturer from India to be included in…
Govt Likely To Sell Bharat Petroleum To Global Firm
New Delhi: Yet another state-run company is likely to go up for sale. This time it is Bharat Petroleum Corp. In a bid to lure multinational companies in the domestic fuel retailing and to boost competition in the largely state-owned sector,…
India’s GDP Growth Slumps To Six-Year Low Of 5%
New Delhi: In what can be seen as a contraction in the Indian economy, India's Gross Domestic Product (GDP) came down to 5 per cent in April-June quarter from 5.8 per cent in the previous quarter.
The quarterly figures were released on…
Centre Announces Mega Bank Mergers
New Delhi: The Centre on Friday announced the merger of 10 nationalised banks, thus bringing down their number from 27 to only 12.
The announcement was made by Finance Minister Nirmala Sitharaman as part of the government's push to revive…