Leading direct selling FMCG company Amway India has bagged the first prize for putting up the state-of-the-art stall at a national industrial exhibition held here.
'Odisha Moves Forward' - the five-day exhibition was organised by Utkal Chamber of Commerce & Industry (UCCI) as part of its golden jubilee celebrations - a release said.
The exhibition witnessed good footfall during the period before it concluded on Wednesday. Companies like Amway India, TATA, Aditya Birla Group, Vedanta, Emami, NALCO, JK Papers, IMFA participated at the exhibition.
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MobME raises Rs 16 cr through angel investors * MobME Wireless Solutions Ltd, a Kerala-based mobile and Internet company, is keeping its option open to raise funds through the IPO route even as it has garnered over Rs 16 crore through private angel investors to keep its growth plans on track.
MobME's plan to raise Rs 25 crore through IPO was approved by National Stock Exchange in April last year, and the company was give a timeframe of one year to launch public issue of equity shares.
"We have successfully raised Rs 16 crore from private angel investors to keep growth plans on track. Agnus Capital and a few individual investors, including T S Anantharaman, Director, Catholic Syrian Bank and Vice-Chairman, Leo Pharma Group, invested around USD 3 million in the company last year', MobME CEO Sanjay Vijayakumkar said in a press release.
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Hasleen Kaur, Gagan Narang invited to attend DEA retreat * Model-actress Hasleen Kaur and shooter Gagan Narang will provide company to the Department of Economic Affairs (DEA) officials who today went on a three-day annual retreat in Surajkund.
"At this year's retreat, from February 28 to March 2, model-actress Hasleen Kaur and shooter Gagan Narang are the celebrity guests," a senior finance ministry official said.
Department of Economic Affairs (DEA) Secretary Arvind Mayaram will attend the retreat. Finance Minister P Chidambaram is also likely to attend the retreat. He had attended such retreat in 2008 also, the official added.


