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Tag: Investments

Sensex@60K:  In or OUT
NIFTY, SENSEX Record Rally: What Are Biggest Risks

The BSE Sensex has boomed 135 per cent from the lows of 2020 lockdown and has scaled the 60,000 mark. This could be enough for some investors to cash-out by booking profits and tempting for others to jump into the bandwagon.

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COVID-19 crisis an opportunity, time for bold decisions and investments: PM Modi

Kolkata: Insisting that the COVID-19 crisis should be turned into an opportunity to create an ‘Atmanirbhar Bharat’, Prime Minister Narendra Modi on Thursday said this is the time to make bold decisions and investments. Addressing the 95th annual plenary session of the Indian Chamber of Commerce in Kolkata through video conference, he said, steps have […]

Privatisation of Neelachal Ispat In Odisha Opposed

Bhubaneswar: Opposing the privatisation of Neelachal Ispat Nigam Limited (NINL) and demanding immediate resumption of operations, the Neelachal Banchao Milita Mancha and Central Trade Union have asked Odisha government to make investments to revive the factory. Senior Congress leader Ramachandra Khuntia suggested that the State government may also consider merging NINL with companies like SAIL, […]

qnet-scam odisha
OTV Impact: Crime Branch EOW Arrests 3 Persons In Odisha In 'QNet Fraud'

Bhubaneswar: After a probe into the alleged multi-crore QNet scam, the special Economic Offences Wing (EOW) of Odisha Crime Branch on Tuesday arrested three senior partners of Vihaan Direct Selling (India) Pvt Ltd from Bhubaneswar. The accused have been identified as Sarat Parida of Bramheswarpatna, Debabrata Harichandan of Chandrasekharpur and Chandan Mahalik of Jagannath Vihar […]

Telcos with 4G network will have to invest less for 5G services, informs TRAI

New Delhi: The Telecom Regulatory Authority of India (TRAI) in a white paper released on Friday said although deployment of the 5G network would require substantial investments, the operators which currently have 4G network would need a lesser amount of investment as they can use their existing 4G infrastructure for 5G services. The white paper […]

Mauritius Prime Minister seeks trade, investments from India

Mumbai: Mauritius Prime Minister P.K. Jugnauth on Friday sought trade and investments from India which offer immense potential in that country. Inviting Indian companies to set up a regional base in Mauritius, he said it would help them manage their African operations even as the island-nation provides a safe and trusted regulatory environment. Jugnauth also […]

Indian solar industry can attract $70-80 bn investment: Modi

New Delhi: India wants to create a robust ecosystem for the manufacture of solar panels in the country to give a filip to the sector which can provide opportunities for investments worth $70-80 billion, Prime Minister Narendra Modi said on Tuesday. Inaugurating a joint assembly here of the International Solar Alliance (ISA), the Indian Ocean […]

Odisha consistently ranks among top in attracting investments: Naveen

Bhubaneswar: While addressing the Enterprise Odisha 2017 event organised by Confederation of Indian Industry (CII), CM Naveen Patnaik said Odisha is consistently ranked amongst the three top States in attracting investments in India. “Odisha is consistently ranked amongst the three top States in attracting investments in India. Focusing on the 3Ts- Transparency, Technology and Teamwork, […]

Odisha to organize 'Startup Enclave'

Bhubaneswar: Odisha government today decided to organise ‘Startup Enclave’ here to boost confidence of budding entrepreneurs in the state. A proposal to this effect was taken in a high level meeting held under the chairmanship of Chief Secretary A P Padhi. “It was decided to organize the event for two days on November 28 and […]

Odisha clears two investment proposals worth Rs 224 cr

Bhubaneswar: The Odisha government on Thursday approved two proposals with an investment of Rs 224 crore. The State Level Single Window Clearance Authority (SLSWCA) met under the chairmanship of Chief Secretary Aditya Prasad Padhi and approved the proposals of Indian Farmers Fertilizer Cooperatives (IFFCO) and Wellspun Odisha Steel Pvt Ltd. Under its approved project, IFFCO […]

Odisha garners over Rs 90k cr at investors’ meet in Bengaluru

Bengaluru: In a major achievement in its endeavour to attract investments, Odisha was able to garner investment commitments worth Rs 90,490 crores at the two-day investors’ meet organised in Bengaluru. “I personally met heads of 24 companies today. We have received total investment announcement of Rs 90,490 crore during the two days with employment potential […]

New Start-Up policy targets Rs 2.5L investment, 10L jobs

Bhubaneswar: The new Start-Up policy formulated by the State government, which will be implemented from this month, is targeting to attract Rs 2.5 lakh crore investments in State. The policy which seeks to achieve the objectives set in Vision-2025, also aims to transform Odisha into one of the major manufacturing hubs in Eastern India. According […]