No Odia Signage? Get Ready to Pay Fine

By Odisha Story Bureau, Bhubaneswar: Odisha Cabinet gave green nod to make Odia signage mandatory for shops and other establishments. It also approved 17 proposals during its meeting at the stat Secretariate today. According to reports the Cabinet  which met under the chairmanship of Chief Minister Naveen Patnaik made it mandatory for all shops and commercial establishments to have […]

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NALCO Pays Rs.546.95 Crore Interim Dividend to Government

By Odisha Story Bureau, Bhubaneswar: National Aluminium Company Limited (NALCO), the Navratna PSU, under Ministry of Mines, Govt. of India, has declared an interim dividend of 94%, i.e. Rs 4.70 per share of Rs.5/- each, amounting to Rs. 908.48 crore for the financial year 2017-18, on the paid-up equity share capital of Rs.966.46 crore. This […]

Air Odisha Starts Operation in Gujarat

By Odisha Story Bureau, Ahmedabad: PM Modi launched Ahmedabad-Diu flight  Adani Kin acquired 60% stake in Air Odisha The sole chartered airline of Odisha and one of the non scheduled airlines of India, Bhubaneswar based company Air Odisha started its operation in Gujarat. Currently it is being operated in 4 cities, i.e. Ahmedabad, Diu, Jamnagar and Mundra. On 24th February 2018, PM […]

JSPL Completes 250 Ton Basic Oxygen Furnace at Angul Steel Plant

By Odisha Story Bureau, Angul: Completion of 250 Tonne BOF (3 MTPA) will enable full capacity utilization of India’s largest 4 MTPA Blast Furnace at Angul India’s only converter shop is equipped with innovative Dry Gas Cleaning System imparting significantly higher environment friendliness Marks completion of all facilities at JSPL’s 6 MTPA integrated Steel Plant […]

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 […]

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 […]