Orissa not to go for open mkt borrowing

The Orissa govt is not planning to go for open market borrowing this fiscal even though the the economic slowdown has affected revenue mobilisation.

XLRI alumni to raise endowment fund for B-school's infra

Alumni of the XLRI School of Business & Human Resources will be here soon to attend the Homecoming 2009, a re-union the B-School has been hosting for the last five years. They are raising an endowment fund to improve the B-School’s infrastructure.

Three PSUs to divest stake in DPCS

The combined 57% holding of public sector Andrew Yule, Life Insurance Corp and United India Insurance in DPCS Ltd, a power generating company, will be disinvested through an auction on Friday.

Foreign airlines in Kolkata look to middle east, SE for traffic

At a time when several foreign airlines have closed shop in Kolkata, Air Asia has announced that it's starting a daily flight to Kuala Lumpur from Thursday. This comes on the heels of UAE's national carrier Emirates increasing its number of flights from Kolkata to Dubai from seven to 12 from December 3.

Bengal govt to build small IT park in city limits

Sidbi, Orissa govt sign MoU to revive OSFC

The Small Industries Development Bank of India on Monday signed a memorandum of understanding with the Orissa State Financial Corp to open fresh line of credit. With the MoU, the revival of OSFC, which has remained non-functional for over six years, becomes imminent.

Calcutta Telephones banking on non-voice revenues to turn black

At a time when revenue from voice has hit a plateau for telcos in Kolkata circle, Calcutta Telephones, the largest landline service provider in the circle, is looking at coming out of the red this fiscal riding growth from non-voice services.

Increase in coal, iron ore freight helps ER, SER perform better

An increase in coal production and spurt in iron ore export have helped South Eastern and Eastern Railway perform better during the first seven months of the fiscal compared to last year.

Kingfisher withdrawal notice surprises Tata Steel

Tata Steel said on Thursday that Kingfisher Airlines’ decision to discontinue its Kolkata-Jamshedpur service from November 15, 2009 has surprised the steel major.

Recession hits number of US visa applicants

The number of visa applicants to US has gone down significantly owing to global recession, US secretary of state for consular affairs Janice L Jacobs said here on Thursday.

New DVC chairman under vigilance cloud

On October 13, state-run power major Damodar Valley Corporation got a new chairman after a gap of 10 months but Subrata Biswas’s appointment appears to have raised the hackles of the central vigilance commission which has objected to it and charged the power ministry with overlooking procedures.

Essar invests Rs 400 cr to build coal berth at Paradip

Essar Group's Essar Paradip Terminals will develop a captive deep draught coal berth at Paradip port with an investment of Rs 408.80 crore. The berth, which will be developed under BOT basis, would be completed in three years.

Branded jewellery makers innovate to tackle rising gold prices

In a bid to make gold jewellery affordable, branded jewellery makers may now opt for making standard gems studded jewellery using lesser amount of gold with the prices of the yellow metal constantly on a bull run.

Priya Entertainments plans 12 screens in Bengal, Bhutan

Kolkata-based Priya Entertainments, so far into single screens, is foraying into the multiplex business with 12 screens in West Bengal and Bhutan. The company which has been in the entertainment industry for long will also launch a price war, deciding to price tickets between Rs 50-70.

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Orissa not to go for open mkt borrowing

XLRI alumni to raise endowment fund for B-school's infra

Three PSUs to divest stake in DPCS

Foreign airlines in Kolkata look to middle east, SE for traffic

Bengal govt to build small IT park in city limits

Sidbi, Orissa govt sign MoU to revive OSFC

Calcutta Telephones banking on non-voice revenues to turn black

Increase in coal, iron ore freight helps ER, SER perform better

Kingfisher withdrawal notice surprises Tata Steel

Recession hits number of US visa applicants

New DVC chairman under vigilance cloud

Essar invests Rs 400 cr to build coal berth at Paradip

Branded jewellery makers innovate to tackle rising gold prices

Priya Entertainments plans 12 screens in Bengal, Bhutan

Orissa govt stops work at 69 mines

German marine equipment makers eye Indian market

Orissa asks MCL to ensure coal to NTPC, Nalco

Dunlop’s Sahaganj unit to resume output in 15 days

With productivity falling, Bengal mapping soil

Tatas, other corporates top picks at IIM-C

Orissa needs Rs 600 cr to boost power distribution