Business


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 […]


NALCO’s Q4 net profit registers 25.23% growth over Q4 of previous fiscal

By Odisha Story Bureau, Bhubaneswar: Weathering sluggishness in the metal market across the globe, fluctuating prices in the LME and increase in input costs of raw materials, National Aluminium Company Limited (NALCO), a Navratna  PSU under Ministry of Mines, Government of India, has been riding on its overall growth in production, improving productivity & sales performance to register a […]


Nalco inks MoU with Government of India setting Higher Targets

By Odisha Story Bureau, Bhubaneswar: Navratna CPSE National Aluminium Company Limited (Nalco) has signed an MoU with the Ministry of Mines, Govt. of India setting higher targets in production, productivity, turnover and CAPEX for the FY 2017-18. The MoU was signed between Shri Arun Kumar, Secretary, Ministry of Mines and Dr. Tapan Kumar Chand, CMD, […]


New banking ordinance a welcome step, but inadequate: CSE

By Odisha Story Bureau,  New Delhi: Must consider environmental and social risk management for reducing the number of non-performing assets (NPAs) Measures employed by the RBI and the Ordinance suggest that focus is more on reactive rather than proactive approaches Delay in obtaining project-related approvals is mainly due to inadequate project planning, gaps in environmental […]


LED Expo: Larger than ever before

By Odisha Story Bureau, Mumbai: Growing interest from Asian manufacturers marks 39% increase in international participation Platform to bring forward energy-saving technologies for the Indian market Opening in two weeks, LED Expo will bring some of the leading LED technology manufacturers from 11 – 13 May to Mumbai, to promote widespread penetration of LED lights […]


Piyush Goyal plans 1 million tonne expansion of Nalco in Odisha

By Odisha Story Bureau, Bhubaneswar: 198 MW Wind Power Plants of Nalco dedicated to the Nation Centenary Celebration of Champaran Satyagraha launched Nalco ki Ladli Scheme under PM’s Beti Bachao, Beti Padhao programme lauded “While the Nation is transforming into a global leader, under Prime Minister’s Swadeshi Movement, it is heartening that Navratna PSU Nalco […]


Srei NCDs to offer coupon up to 9.50% p.a.

By Odisha Story Bureau, Kolkata: Srei Infrastructure Finance Limited (“Srei”), one of India’s largest private sector holistic infrastructure institutions, is proposing a public issue of secured redeemable non-convertible debentures (“NCDs”) of face value Rs 1,000 each amounting up to Rs 200 crore (“base issue size”) with an option to retain oversubscription up to the “residual […]