HPCL to set up its second LPG bottling plant in Odisha at Rayagada

PRIYABRAT BISWAL BHUBANESWAR, FEB 15 With demand for LPG growing in the western and south-western districts of Odisha, Navaratna PSU Hindustan Petroleum Corporation Limited (HPCL) has decided to set up its second LPG bottling plant at Rayagada with an investment of Rs 91 crore. The plant will be operational by September 2020, said a senior […]

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Hindalco Industries Q3 profit up on better realisations

MUMBAI, FEB 13 Hindalco Industries Ltd.’s quarterly profit rose due to higher realisations. Net profit, including that of its Utkal Alumina unit, rose 47.3 percent year-on-year to Rs 713 crore for the quarter ended December 31, 2018, the Aditya Birla flagship company said in its exchange filing. The company’s revenue rose 8.1 percent over the […]

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IMFA Q3 PAT falls to Rs. 34.68 crore

BHUBANESWAR, FEB 12 India’s leading fully integrated producer of value added ferro chrome, Indian Metals & Ferro Alloys Ltd. (IMFA), has posted a net profit of Rs.34.68 crore in the third quarter (Q3) of the current fiscal as compared to Rs 74.74 crore registered during the corresponding period in the previous fiscal. The revenue of […]

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Samsung announces ‘Valentine’s Day’ offer on Galaxy Note 9, Galaxy S9+

GURUGRAM/BHUBANESWAR, FEB 12 Samsung has announced its ‘Best Days’ sale as part of Valentine’s Day deals with offers on its Galaxy Note9 and Galaxy S9+ smartphones. The limited period offer also includes additional deals for those who use HDFC credit and debit card for buying Samsung smartphones. As part of the offer, customers will get […]

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Acer’s Asia Pacific Predator League 2019 final at Bangkok from Feb 15

BENGALURU, FEB12 Acer will be hosting the second Asia Pacific Predator League 2019 esports tournament at the National Stadium, Nimibutr Sport Building in Bangkok from February 15. All selected 26 esport teams from across the Asia Pacific will be competing in the 3-day event for a prize pool of USD 250,000 for the grand finale. […]

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Venkatram Mamillapalle to take over as Renault India Managing Director from March 1

NEW DELHI, FEB 10 Venkatram Mamillapalle will take over as Managing Director for Renault India Private Limited and Head of Renault Operations in India from Sumit Sawhney, who will be moving to a new position within the group. Venkatram Mamillapalle who till recently was the Head of Renault-Nissan-Avtovaz Purchasing Organisation in Russia, comes with extensive […]

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Odisha Govt presents Rs 1.32 lakh crore budget for 2019-20

Bhubaneswar, Feb 7 Projecting an economic growth in the range of 8 per cent to 8.5 percent during next fiscal, Odisha government Thursday presented the budget of Rs 1,32,660 crore for 2019-20 in the Assembly. “The budget of Rs 1,32,660 crore for 2019-20 is about 10.4 per cent more than the annual budget of 2018-19 […]

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MCL’s paradigm shift to make unskilled skilled

SAMBALPUR, FEB 7 Challenges make men wiser. The saying goes apt for Mahanadi Coalfields Limited (MCL), a leading production arm of ‘Maharatna’ Coal India Limited, which has learned to reap benefits out of otherwise unfavourable business obligation of recruiting unskilled land owners against acquisition of land. Following Rehabilitation and Resettlement (R&R) Policy of government of […]

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Snapdeal offers new age gifts on Valentine’s Day store

NEW DELHI, FEB 7 E-commerce major Snapdeal has announced the launch of its specially curated Valentine’s Day store on its platform to let users pick gifts for spouses, parents, children, and pets.  The store allows users to buy gifts by gender or budget to make gift shopping less confusing and more convenient. The store has […]

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Enterprising effort of RSP’s Coke Ovens Deptt minimizes demurrage

ROURKELA, FEB 5 An enterprising effort of ‘Black Diamond’ Quality Circle of the Coke Ovens Department of Rourkela Steel Plant (RSP) has helped in minimizing demurrage and thereby bringing in substantial savings for the company. The project titled ‘Minimising Tippling delay in Wagon Tipplers’, implemented by the QC group, has also reduced delay and subsequent […]

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