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SpiceJet Flights grounded across India
In a significant development, the flight operation of cash-strapped SpiceJet were grounded on Wednesday across India since oil marketing companies reportedly denied to supply fuel the company.
According to media reports, none of the…
Odisha procures 25 Lakh quintal of Paddy till date
The Minister for Food Supply and Consumer Welfare, Sanjay Kumar Daburma reviewed the ongoing paddy procurement scheme in 12 districts of Odisha, in a meeting held in the capital on Monday.
The Minister was informed that the state…
Indian Rupee breaches 63 Mark against US Dollar
The Indian rupee hit a new low at Rs.63 against US dollar on Tuesday, the biggest single-day fall recorded in more than four months.
The Indian rupee plunged due to the sharp fall in the industrial output. As per the data released by…
Petrol, Diesel Prices cut by Rs. 2 per Litre from Today
State owned oil marketing companies have cut petrol and diesel prices by Rs.2 a liter due to sharp fall in the international crude price to a five year low.
The cut would be effective from midnight of Monday. After cut in the price in…
Carnival Group buys BIG Cinemas
In a significant development, the South India-based Carnival Group has bought ‘BIG Cinemas’ the multiplex business of Reliance Groups led by Anil Ambani. The deal would reduce the debt of Reliance Capital by Rs 700 crore.
However, the…
SBI to open 42 branches in Odisha
The State Bank of India (SBI), the largest public sector bank in India, has been planning to open around 42 new branches in Odisha during the current fiscal year. SBI will open 15 new branches in January 2015 under branch expansion plan in…
Wholesale Inflation falls to 0% in November
In a significant development, the inflation measured by the Wholesale Price Index (WPI) plunged to zero in November; it stood at 1.77 per cent in October. The Wholesale inflation was at 7.52 per cent in November 2013.
The fall in the WPI…
TCS to increase entry-level Salary of Freshers
Leading Indian IT giant, Tata Consultancy Services (TCS) is planning to increase its entry-level salary package for freshers who are recruited either directly or through campus selection. It is not clear yet how much increase the company…
DK Saraogi bags ‘Best Corporate Leader – 2014’
Executive Director & Head of JSPL’s Angul Unit Mr. DK Saraogi has been awarded as ‘Best Corporate Leader – 2014’ for his contribution to society and industry in Odisha. He received the Award from Hon’ble Union Tribal Affairs Minister…
5-Kg LPG Cylinders at Subsidised rate
Now 5-kg cooking cylinders (LPG) will be available at a subsidised rate across the India. State oil marketing companies have started selling these five kg LPG cylinders at a subsidised rate up to a maximum limit of 34 cylinders in a year.…