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Business
Odisha Set To Become World-Class Industrial Destination: Chief Minister
Bhubaneswar: Chief Minister Naveen Patnaik on Saturday said Odisha is set to achieve its goal of becoming a world-class industrial destination due to effective governance mechanism.
Addressing the 93rd Annual general meeting of Federation…
Odisha CM Condoles Death Of ‘MDH Dadaji’ Dharampal Gulati
Bhubaneswar: Mahashay Dharampal Gulati, the owner of MDH Masala, passed away following a cardiac arrest on Thursday morning. He was 98.
Gulati was also popularly referred to as ‘MDH Dadaji’ because of the masala brand’s advertisements in…
Cabinet Approves Lakshmi Vilas Bank Merger With DBS-India
New Delhi: The Union Cabinet on Wednesday approved merger of Lakshmi Vilas Bank (LVB) with DBS Bank India Limited (DBIL). The Cabinet meeting was chaired by Prime Minister Narendra Modi.
The Reserve Bank of India had on 17 November…
11 Blocks In 8 Basins Awarded For Oil Exploration To ONGC, OIL
New Delhi: The Ministry of Petroleum and Natural Gas on Tuesday signed contracts for 11 blocks awarded under Open Acreage Licensing Programme (OALP) Bid Round-V in the presence of Union Minister of Petroleum and Natural Gas and Steel…
Minimum Balance Limit For Post Office Savings Bank Accounts Increased
Bhubaneswar: The minimum balance limit for savings accounts of Post Office Savings Bank (POSB) has been increased.
Effective from December 12, POSB customers will have to maintain a minimum balance of Rs 500 in any savings account on any…
Reliance Buys 96% Stake In Furniture Retailer Urban Ladder
Chennai: Furthering its attempt to expand its presence in India’s online retail market, Reliance Industries Ltd has bought 96% stake in online furniture retailer Urban Ladder for Rs 1821.2 million.
“The aforesaid investment will further…
Baba Ramdev’s Patanjali Group Records Whopping 22% Rise In Profit In FY 2019-20
New Delhi: Patanjali Ayurved Ltd reported a whopping 21.56 per cent increase in net profit for the financial year 2019-20.
According to business intelligence platform Tofler, Baba Ramdev’s Haridwar-based company raked in a profit of Rs…
Amazon Stops Selling These Products After Netizens Protest; Know Details
Mumbai: Amazon has decided to take down from its listings all products featuring sacred Hindu symbols.
This follows protests by social media users, with #BoycottAmazon trending on Twitter.
Some of the ‘objectionable’ items the e-commerce…
ED Files Chargesheet Against Former ICICI Bank Chief Chanda Kochhar, Her Husband
New Delhi: The Enforcement Directorate (ED) on Wednesday filed its first chargesheet in the ICICI Bank-Videocon loan case, involving Deepak Kochhar, businessman and husband of ICICI Bank’s former CEO Chanda Kochhar, and Videocon promoter…
Mukesh Ambani Loses $5 Billion From Net Worth As Reliance Share Price Plummets
Mumbai: Asia’s richest man Mukesh Ambani has lost $5 billion from his net worth after the share price of Reliance Industries Ltd nosedived to its lowest level in three and a half months.
As of Monday afternoon, India’s most valuable…