Business

Over 60 percent of Indian youth consider Entrepreneurship as a good prospect for earning livelihood

By Odisha Story Bureau, Hyderabad: – Amway India releases the ‘Amway India Entrepreneurship Report’ (AIER) 2017 – Report launched by Mr Doug DeVos, President, Amway at the Global Entrepreneurship Summit, Hyderabad   Key findings of the report ➢       75 percent of Indian Youth want entrepreneurial courses to be included in the curriculum ➢       60 percent students gain social/family support […]

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Post GST, NALCO posts Strong Performance

By Odisha Story Bureau, Bhubaneswar: Q2 Net profit jumps 94% over same period last year “The credit of success goes to team NALCO and our business strategy involving ramping up of production during downturn, cost focus and market harvesting” Tapan Kumar Chand, CMD, NALCO National Aluminium Company Limited (NALCO), the Navratna PSU, under Ministry of […]


Jindal Stainless (Hisar) Limited Q2 Profit Rises 73% YoY

By Odisha Story Bureau, New Delhi: Key Highlights Q2 FY 2017-18                                                                                            Standalone (in Rs crore) Particulars Q2 FY 2017-18 Q2 FY 2016-17 Growth Gross Revenue 2348 1708 37% EBIDTA 277 221 25% PAT 92 53 73% Jindal Stainless (Hisar) Limited (JSHL) registered a 73% rise in profit for the second quarter of FY 17-18, with […]


AMUL to Invest Rs 250 Crores in Dairy Seector in Odisha

By Odisha Story Bureau, New Delhi: During the seminar on Opportunities for Food Processing in Odisha held on the sidelines of World Food India 2017, Shri R S Sodhi, MD, Gujrat Co-operative Milk Marketing Federation Ltd (Amul) declared their intent to invest around Rs 250 Crores in Dairy Sector in Odisha in the coming months. […]


India Sends Diesel to Myanmar by Road

By Odisha Story Bureau, New Delhi: The first consignment of 30 MT of Diesel was dispatched today from India to Myanmar by land route. This maiden initiative was taken in line with PM Narendra Modi’s policy of ActEast. The petrol tankers were exported by Numaligarh Refinery Limited (NRL) in India to Parami Energy Services Co. […]


ICICI Bank to Issue Common Payment Card Solution for Bhubaneswar

By Odisha Story Bureau, Bhubaneswar: Government of Odisha, on Monday, the 4thof September 2017, approved selection of ICICI Bank as the successful financial institution for implementation of Common Payment Card System in the city of Bhubaneswar. ICICI Bank, as the implementing agency will be making an investment of approximately Rs. 20 Crores for the city […]


Transport Sector Stands to Benefit From GST

By Odisha Story Bureau, New Delhi: According to a recent release by Ministry of Road Transport and Highways, the transport sector stands to benefit from the recently rolled out GST in several ways. Pre- GST, the complex tax structure and paper work forced the transport industry to spend a lot of resources on tax compliance […]


Dharmendra to Inaugurate First Safal Outlets in Bhubaneswar Today

By Odisha Story Bureau, Bhubaneswar: Mother Dairy’s Safal is all set to launch its operation in Odisha with two fresh fruit & vegetable outlets in Bhubaneswar in collaboration with oil marketing company to benefit both consumers and farmers. Today afternoon Union Petroleum & Natural Gas minister Dharmendra Pradhan will inaugurate the outlets; one at Rajdhani Service Station (BPCL) […]


NALCO partners with CII, Odisha for outreach programmes on GST

By Odisha Story Bureau, Bhubaneswar: The Goods and Services Tax or GST rollout is scheduled from 1st July, 2017. Flurry of activities are going on in industries across Odisha for adopting the new regime of Indirect Tax with GST subsuming multiple taxes like CENVAT, SVAT, Service Tax, etc. Seamless implementation of GST is sine qua […]


Prominent Industries and Industrial Associations of Odisha terms recent steep hike of electricity duty as counter productive to invest Odisha : Dr. Tapan Kumar Chand

By Odisha Story Bureau, Bhubaneswar: Prominent industries of Odisha including NALCO, JSPL, Vedanta, HINDALCO, PPL, MCL, JSL, IMFA, Nava Bharat, Tata Steel, Tata Iron & Sponge, FACOR, MAITHAN and others as well as representatives of industries associations like CII, UCCI, Captive Power Plant Federation, FICCI, Aluminium Association of India and others had a consultative meeting […]