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MoUs FOR 98,880 CRORES SIGNED

New Delhi: The Odisha government signed 13 MoUs, amounting to Rs 98,880 crore, with leading industries here during Chief Minister Mohan Majhi’s two-day visit to Delhi.The projects are expected to generate around 67,000 employment opportunities, fostering regional economic growth and boosting industrial activity. Besides, 15 investment intents were received. “The total investment offers amount to […]

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VOLATILITY IN INDIAN RUPEE LOW IMPECT

Mumbai:Despite recent volatility in the Indian rupee against the US dollar, the overall credit profiles of Indian companies are expected to remain stable, a report said on Tuesday.While some sectors may see temporary pressure on earnings, the impact is not likely to affect the medium-term financial strength of businesses, according to the report by Crisil

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RACE FOR JAIPRAKAH ASSOCIATES

Adani, Patanjali among 26 firms in race to acquire Jaiprakash Associates.New Delhi: Billionaire Gautam Adani’s group and FMCG major Patanjali Ayurveda are among 26 companies that have shown interest in acquiring debt-laden Jaiprakash Associates Limited (JAL), which is currently undergoing insolvency proceedings.Jaiprakash Associates, a key player in sectors like real estate, cement manufacturing, hospitality, and

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NEW 33KV LINK LINE COMMISSIONED

Berhampur: TP Southern Odisha Distribution Limited (TPSODL) has successfully commissioned a new 33KV link line between Hatiota Primary Substation (PSS) and Belagaon PSS in Polasara Block of Ganjam district.Spanning 7.565 km, this strategic development marks a significant step in enhancing power stability and reliability for over 34,000 consumers in the region.Prior to this initiative, the

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FRANCE KEEN IN CONSERVATION OF ODISHA WILDLIFE

Bhubaneswar: A French delegation, led by Ambassador to India Thierry Mathou, called on Odisha Chief Minister Mohan Charan Majhi in Bhubaneswar on Wednesday.As per official sources, the delegation held discussion on bilateral relations between France and India during the meeting at Lok Seva Bhawan.The visiting delegation evinced keen interest in collaborating with Odisha in forest

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MARKET SHARE GAIN LIKELY BY INDIAN PHARMA

MARKET SHARE GAIN LIKELY BY INDIAN PHARMAMumbai: Indian pharma companies may stand to gain market share due to the potential impact of US tariffs, according to a JPMorgan report. Essentially, Indian pharmaceutical companies have the potential to gain market share at the expense of their global competitors due to their superior cost competitiveness, JPMorgan said.

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INDIA IS 2nd LARGEST TEA EXPORTER

Assam:Amid growing demand inside the country for tea,India has surpassed Sri Lanka to become the world’s second-largest exporter of tea with 255 million kg of tea exports in 2024, while Kenya has retained the top spot, according to data compiled by the Tea Board of India.India’s tea exports touched a 10-year high at 255 million

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TESLA TO HIT INDIA MARKET

New Delhi: After internet,Elon Musk started initiation to enter his Tesla EV into Indian market.He has initiated the process for the certification and homologation of two of its electric cars in India, which is an essential requirement for all vehicles before they can be sold in the country. Tesla India Motor & Energy Pvt. Ltd.,

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