Accenture develops AI/AR based apps to aid microlending

Mar 21 2018

Global tech major Accenture said it has developed artificial intelligence (AI) and augmented reality (AR)-based applications to aid the microlending sector.

Odisha to spend Rs 100 crore for expansion of millets mission

Mar 19 2018

Naveen Patnaik said that Rs 100 crore will be spent next year to expand the state's millets mission for the benefit of around five lakh small and marginal farmers.

President Kovind dedicates to the people 'Anand Bhawan'

Mar 17 2018

President Ram Nath Kovind dedicated to the people 'Anand Bhawan', the ancestral house of legendary Biju Patnaik, as a 'Museum and Learning Centre'.

President Kovind to visit Odisha for two days from March 17

Mar 16 2018

President Ram Nath Kovind will pay a two-day visit to Odisha from Saturday, during which he is scheduled to attend several events in the state.

President to deliver NLUO 3rd foundation day lecture

Mar 15 2018

President Ram Nath Kovind will deliver the third Foundation Day lecture of National Law University (NLU), Odisha.

BJP is sinking quite fast: Naveen Patnaik

Mar 15 2018

The BJP is "sinking quite fast", Odisha CM Naveen Patnaik said after the party faced poll reverses in the Lok Sabha and assembly by-polls in Uttar Pradesh and Bihar.

Sebi provides clarity on certain class of FPIs

Mar 13 2018

Collective investment vehicles putting in their money through foreign portfolio investment route cannot have non-resident Indians as beneficial owners, according to Sebi.

Odisha CM inaugurates Sambalpur-Rourkela Biju Expressway

Mar 12 2018

Odisha Chief Minister Naveen Patnaik dedicated the Sambalpur-Rourkela Biju Expressway to the people.

Fix provisional incidental costs of paddy: Naveen Patnaik

Mar 10 2018

Patnaik has asked the Centre to instruct the Food and Public Distribution department to immediately fix provisional incidental costs for paddy procurement.

BJP's golden era is yet to come: Amit Shah

Mar 05 2018

Amit Shah said the party's "golden era is yet to come" and asked leaders not to become complacent after the party's impressive electoral performance in the northeast.

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Acquires Cynosure Inc and Cynosure Interface Solutions for $31mn and Rs13cr respectively

To add platform capabilities in the insurance segment which contributes 15% of total business

The Acquisition is expected to close within the next 3 months


Sells Essar Steel loan to Deutsche Bank

Has sold its $385 mn Foreign currency loan extended to Essar Steel

Bank has taken a 38% haircut

Rs 1600 cr is expected earnings to the bank from the deal

Economic Times Reports


To Sell 50% stake in prime Mumbai office assets to Blackstone for $1.3bn

The co is also in discussions to sell its residential and commercial projects in Chennai

To convene shareholder’s meet on 23rd March in regard to the proposed divestment

Mint Reports


Gets Order Worth Rs 230 Cr From NTPC

To perform the pressure part metallurgy upgradation for 3 660MW super critical steam generators

Will help NTPC commission the 3x 660MW plant started 12years


Declared L1 bidder for EPC Project in UP worth Rs 677cr from NHAI

The completion period for the project is 30 months

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