The nine-member panel will also examine the procedure followed by the state government in recommending coal blocks for private as well as PSU firms. Besides, the panel will check the status of coal blocks allocated to Mahanadi Coalfields Ltd (MCL), a Coal India subsidiary.

PAC to vet coal block allocations in Odisha

Business Standard

The Justice M B Shah Commission of enquiry which is set to visit Odisha for the third time from October 31 will take up field verification of select mines in Koira sector in Sundergarh district.

Shah panel to visit iron ore mines in Koira circle

A major fire accident today caused extensive damages at the construction site of Essar Steel plant near Paradip. Sources said, the mishap occurred at the newly constructed electric sub-station at Essar plant due to short&ndash;circuit. After hearing about incident many employees and labourers left the plant site fearing the spread of fire to other parts of the plant.

Fire mishap at Essar plant

The Joda mining circle under the state steel and mines department has issued show cause notices to 42 iron ore and manganese mines lease holders over last two weeks in excess raising cases and has urged them to take steps to return the amount of money they have gained by selling the excess mineral raised.

Notice to 42 miners to pay cost of minerals raised beyond limit 

Trouble for Kolkata Ports Trust (KoPT) continued to mount as more ships were diverted from Haldia dock to a private port at Dhamra in Odisha. Sources in KoPT said STX Mutiara carrying 74,000 coal for NTPC's Farraka and Kahalgoan plants meant for Haldia port stranded at the Sandheads since October 12 was diverted during the day to Dhamra port.

KoPT troubles mount over Haldia 

Press Trust of India

The Centre will take a call on Amul's proposal to run the loss-making Delhi Milk Scheme (DMS) after the Cabinet approves corporatisation of DMS, Agriculture Minister Sharad Pawar said on Thursday.

Decision on Amul`s proposal on Delhi Milk Scheme after its corporatisation, says Pawar

In other words, as against their estimated profits under the current regulated scenario, profits of the rated companies could well grow by 50 per cent, apart from their credit risk profiles being strengthened, says a study conducted CRISIL on 47 of its rated sugar companies.

Decontrol to boost sugar companies` profits by 50%: CRISIL

Union Minister of State for Power K C Venugopal on Thursday reviewed the implementation of Vallur project of NTPC Tamil Nadu Energy Company Limited (NTECL ) near Chennai.Venugopal informed that the central government was tracking the project for speedy implem-entation as 75 per cent of the power from the project would be supplied to Tamil Nadu.&nbsp; The first 500 Mw of the 3X 500 project was synchronised early this year while the other two units are expected to go on stream by next year.

Minister reviews Vallur power project

Chief minister J Jayalalithaa has again urged the Centre to provide additional electricity to address the power crisis in the state.

TN seeks entire quantum of surrendered power 

TiEcon Kerala 2012, the two-day entrepreneurial event, was inaugurated here by chief minister Oomen Chandy. In his inaugural speech, Chandy urged youth to become job creators rather than being job seekers.

Kerala CM urges youth to be job creators

Lokayukta Court here today ordered a probe against three former Karnataka chief ministers &mdash; former prime minister H D Deve Gowda, External Affairs Minister S M Krishna and B S Yeddyurappa, on a complaint alleging irregularities in the Bangalore-Mysore expressway project.

Probe ordered against S M Krishna, Deve Gowda, BSY in NICE case

Andhra Pradesh Anti-Corruption Bureau, probing the cash-for-bail scam involving former minister Gali Janardhana Reddy, has filed a supplementary chargesheet naming him as an accused.

Reddy nailed yet again in cash-for-bail scam

Paddy arrival in the societies set up by the state government for purchasing the produce at minimum support price (MSP) in Chhattisgarh is likely to increase by about 15 per cent this year.

Paddy MSP likely to increase by 15% in Chhattisgarh

With a share of over 8 per cent, Andhra Pradesh (AP) ranks fourth in the total outstanding private sector investments (including both domestic and foreign private sectors) across India as of June 2012, apex industry body The Associated Chambers of Commerce and Industry of India (Assocham) stated on Friday.

AP ranks 4th in private sector investments

The Kerala government has decided to give retirement benefits to the superannuated coir workers in the state.

Coir workers to get retirement benefits

With a share of about 12.5 per cent, Gujarat has attracted the highest share of the total outstanding private sector investments (including both domestic and foreign private sectors) across India as of June 2012, according to a study by the Associated Chambers of Commerce and Industry of India (Assocham).

Gujarat attracts most pvt sector investments across India: Study

With former union minister of Government of India, YK Alagh's second term as chairman of the Institute of Rural Management, Anand (IRMA) set to end next month, Magsaysay awardee and member of National Advisory Council (NAC) Deep Joshi has been appointed for the post.

Deep Joshi named as new IRMA chief

Ahead of the visit of the Public Accounts Committee (PAC) of the Parliament, a team from the office of the Accountant General (Odisha) has started process of verification of records in respect of recommendations made by the state government for coal blocks.

AG audit team begins scrutiny ahead of PAC visit

Karnataka stood fifth in attracting private sector investments (including both domestic and foreign private sectors) across the country as of June, 2012. According to a study conducted by the Associated Chambers of Commerce and Industry of India (Assocham), the state had a share of over 7 per cent after Gujarat (12.5 per cent), Odisha (10.7 per cent), Maharashtra (8.9 per cent) and Andhra Pradesh (8.4 per cent).

Karnataka 5th in attracting investments

Odisha has emerged as the second best destination in attracting private investments after grabbing a share of about 10.7 per cent of the country&rsquo;s private investments made as on June 2012 after Gujarat, according to a study by apex industry body Associated Chambers of Commerce and Industry of India (Assocham).

Odisha next to Gujarat in private investment: Assocham

South Africa is one of the countries that have evinced interest in investing in sectors like infrastructure and tourism in Uttarakhand.

S Africa, Georgia want to do business with Uttarakhand

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