Bhubaneswar: Hong Kong-based apparel major Epic Group has chosen Odisha for its first manufacturing facility in India, marking a significant boost to the state’s industrial landscape. The unit will be established at the IDCO Industrial Estate in Khordha and is scheduled to commence operations on April 29. Spread across 40 acres, the project entails an…
Bhubaneswar: The Odisha government has approved a major industrial proposal by Adani Enterprises Ltd to set up a ₹84,000 crore coal-to-chemicals complex in Sundargarh district, utilising land earlier acquired for a scrapped Ultra Mega Power Project (UMPP). The project will come up on around 3,047 acres of land spanning six villages, originally acquired between 2015…
Bhubaneswar: Max Healthcare Institute Ltd. has announced the acquisition of a 58.4% stake in Kalinga Hospital for ₹300 crore, marking its strategic entry into eastern India’s healthcare sector. Located in Bhubaneswar, the 250-bed NABH-accredited facility is spread across a 10-acre campus and provides advanced medical services across key specialities including cardiology, neurology, oncology, and orthopaedics….
Bhubaneswar: In a major boost to Odisha’s industrial growth, Chief Minister Mohan Charan Majhi on Thursday inaugurated and laid foundation stones for 36 projects across Khordha and Cuttack. The projects, involving a total investment of ₹40,811 crore, are expected to create over 59,000 employment opportunities in the state. Of the total, 11 projects were inaugurated…
Bhubaneswar: The Indian Council of Agricultural Research has constituted a Special Task Force to develop strategies aimed at enhancing agricultural resilience in the face of evolving global geopolitical challenges. The first meeting of the Task Force was chaired by the Secretary of the Department of Agricultural Research and Education and Director General of ICAR, where…
Bhubaneswar: Sanjay Malhotra, Governor of the Reserve Bank of India, has said that India’s merchandise exports witnessed a marginal contraction of 0.2% in the first two months of the year on a year-on-year basis, primarily due to weaker demand in key global markets. In contrast, merchandise imports registered a sharp increase of over 22%, largely…
League concludes on a high note strengthening women’s football ecosystem in the region Team Singling Sporting Club (Soreng) Sikkim, wins the final match by 6-0 and takes home winner’s trophy and cash prize of Rs 1 lakh Bhubaneswar : Generali Central Insurance, a joint venture between global insurance major Generali and Central Bank of…
Bhubaneswar: State-run Odisha Mining Corporation (OMC) has paid one of its largest-ever financial penalties—₹4,364 crore—for illegal and excess mineral production, raising serious concerns over regulatory compliance in Odisha’s mining sector. The penalties arise from violations of key environmental and forest laws, including the Environment Protection Act and the Forest Conservation Act, as well as breaches…
Bhubaneswar: The Odisha government has introduced a new category of high-end liquor outlets—‘Super Premium FL OFF shops’—as part of its latest excise policy, aiming to modernize retail and cater to premium consumers. The outlets will be set up in six major cities, including Bhubaneswar, Cuttack, Rourkela, Berhampur, Sambalpur and Puri. According to the policy, these…
Bhubaneswar: The proposed world-class cruise terminal project in Odisha’s coastal city of Puri has gained momentum, with Chief Engineer of Paradip Port Authority, Himanshu Sekhar Rout, conducting a detailed site inspection on Saturday. The ambitious ₹1,000 crore project, announced earlier this year, will be developed at Sipasarubali and includes plans for a sprawling 1,500-acre modern…