Govt cancels proposed e-auction of Jamkhani mine in Odisha

Last Updated: Thursday, March 12, 2015, 20:44

The government has cancelled the proposed e-auction of Jamkhani coal block in Odisha which was scheduled to go under the hammer Friday as the last mine in the second tranche of auctions.

CBI files charge sheet against CMD of Seashore Group of companies

Last Updated: Sunday, March 8, 2015, 00:21

The CBI on Saturday filed a charge sheet against the CMD of Seashore Group of companies Prashant Kumar Dash and others in the multi-crore chit fund scam at the special CBI court here in Odisha.

Consensus needed for Posco project: Pradhan

Last Updated: Sunday, March 1, 2015, 22:47

Noting that lack of cohesion among stake holders delayed the proposed mega steel plant by Posco in Odisha, Union Petroleum Minister Dharmendra Pradhan today said a consensus was needed for implementation of the country's largest FDI project.

Odisha to get more funds in Finance Commission: Pradhan

Last Updated: Sunday, March 1, 2015, 20:15

Refuting allegations that Odisha would lose revenue following the recommendations of the 14th Finance Commission, union Petroleum Minister Dharmendra Pradhan said on Sunday that it would get about Rs.8,000 crore more funds per annum compared to the 13th commission allocations.

Odisha to scrap deals with Rio Tinto, Sesa Sterlite, Hindalco

Last Updated: Wednesday, February 25, 2015, 14:23

The Odisha government has decided to scrap joint venture agreements with global major Rio Tinto, Vedanta Group firm Sesa Sterlite and Aditya Birla Group-owned Hindalco Industries, an official said Wednesday.

CBI probing larger conspiracy angle in ponzi schemes: Sinha

Last Updated: Tuesday, February 24, 2015, 20:10

In the wake of rising incidents of fraudulent money pooling schemes in West Bengal and Odisha, CBI is probing the possible involvement of political and other influential people, Minister of Finance Jayant Sinha said in Parliament Tuesday.

Coal India to invest in Odisha power project

Last Updated: Tuesday, February 24, 2015, 17:00

Coal India Ltd (CIL) Tuesday said it is setting up two thermal power plants of 800 MW each at Sundergarh in Odisha through its subsidiary Mahanadi Coalfields Ltd (MCL), investing Rs.11,363.18 crore for the project.

Odisha announces monthly pension for construction workers

Last Updated: Saturday, February 21, 2015, 17:07

Odisha Government today announced monthly pension and housing grants for registered construction workers and said all expenses would be borne by the state.

Avantha Group firm bags Rs 119 crore order from NTPC

Last Updated: Tuesday, February 17, 2015, 15:02

Avantha Group company CG has been awarded with a contract by NTPC for design, manufacturing and supply of Generator Step-Up Transformers for its largest capacity 800 MW super-critical thermal power plant at Darlipali in Odisha.

Odisha budget focuses on infra, education and farming

Last Updated: Monday, February 16, 2015, 21:34

The Odisha government today presented Rs 84,487.77-crore budget for 2015-16 that focuses on infrastructure, education and agriculture.

Odisha's per capita income fourth from bottom

Last Updated: Monday, February 16, 2015, 18:54

Though Odisha expects 8.78 percent growth rate in 2014-15 fiscal, the state stands fourth from the bottom in per capita income in all-India rankings, said the Economic Survey Report 2014-15 tabled Monday in the state assembly.