Even as several districts in the state are in the grip of drought, the Orissa government has decided to wait till August 31 before officially declaring some areas as drought-hit and announcing special package for the affected farmers.

Package for drought hit farmers after 31 Aug

Business Standard

Sales registrations in real-state sector are down by about 20 per cent in August 2011 compared to August 2010. Volatility in the market and hike in policy rates by Reserve Bank of India (RBI) have proved to be dampeners for intending buyers to invest in the sector.

Decline in sales hit real estate market in Orissa

Multi-brand car servicing stations seem to be growing, slowly and steadily. Today, only one-third of the cars that are sold by the dealerships go back to the dealerships, post-warranty. The rest is an opportunity for the after-market services networks.

Multi-brand car servicing biz set to grow

The Orissa government has appointed 16 chartered accountants to detect cases of alleged violations of Rule 37 of Mineral Concession Rules- 1960. These chartered accountants will conduct preliminary verification of balance sheet, audited accounts, tax audit report, IT and VAT (Value Added Tax) returns as well as related documents of the mines.

Orissa govt appoints CAs to detect violation of MC Rules

Rajkot-based auto components company Amul Industries Private Limited, a part of the Amul group of companies, is planning to manufacture mini tractors in a joint venture with the Escorts Group.

Amul Industry to form JV with Escorts for mini tractors

Sony India announced its plans to maintain its market leadership with 30 per cent share in the flat panel display segment on the sidelines of unveiling its line-up of 15 LED television sets.

Sony India launches its line-up of 15 LED sets

Dismissing BJP's opposition to appointment of Lokayukta by Gujarat Governor bypassing the Chief Minister, the Centre on Tuesday said as per the law Governor is supposed to consult only the Chief Justice of High Court in the matter and it should be left to the court to decide the issue.

Lokayukta row: Centre sees nothing wrong in Governor's move

Press Trust of India

The Commissioner for Railway Safety (CRS) is likely to visit Bangalore to inspect the Bangalore Metro on September 4. The CRS officials, including the commissioner, D K Singh from South Central Railways would take three to four days to complete all the physical tests of the Metro before issuing the final safety certificate, said N Sivasailam, managing director, Bangalore Metro Rail Corporation Limited (BMRCL).

Namma Metro gains further traction

This brings an end to the 30-year old stalemate between the state and Centre.

MoEF clears 1,058 ha forest land for dvpt work

The Karnataka High Court on Tuesday refused to grant stay on the proceedings initiated against former Chief Minister H D Kumaraswamy and his wife by a lower court on a private complaint filed against them.

Kumaraswamy gets double jolt from HC, Lokayukta

The battle between the Orissa government and the Kolkata Port Trust (KoPT) over the extension of the latter&rsquo;s area up to Kanika sands is getting murkier.

KoPT starts operations in disputed waters in orissa

At a time when medical care is beginning to be beyond the reach of many a patient, a development in the medical field may be a small solution. Ambulatory Surgery.

Nova Medical plans Rs 500 cr expansion

The state-owned Heavy Engineering Corporation (HEC), Ranchi has set the target to double its turnover and profit in the financial yearv 2011-12 over last year.

HEC aims to double turnover and profit in 2011-12

The Reserve Bank of India (RBI) has penalised Shri Janata Sahakari Bank Limited, Halol in Panchmahal district in Gujarat with a monetary fine of Rs 1 lakh for failing to meet RBI guidelines with regard to Anti Money Laundering (AML) guidelines.

RBI fines coop bank in Halol

National Bank for Agriculture and Rural Development (NABARD) has sanctioned Rs 97.38 crore to the Government of Gujarat under Rural Infrastructure Fund (RIDF-XVII).

NABARD sanctions Rs 97 cr for irrigation project

Gangavaram Port Limited (GPL), stated to be the deepest port in the country with a depth of 21 metre, is expecting to achieve break-even in the next 2-3 years, according to chief financial officer Pranav Choudhary.

Gangavaram port hopes to break even in 3 yrs

Tamil Nadu Housing Board plans to construct 723 flats at Chennai, 16 at Salem, 566 houses at Kancheepuram, Vilupuram, Erode, Kottagoundampatti in Salem district, Kalapatti in Coimbatore district, Jettihally in Dharmapuri and Tenkasi in Tirunelveli.

TNHB to build over 2,000 housing units

Medfort Hospitals Pvt Ltd on Tuesday announced its merger with Hyderabad-based Maxivision Eye Hospitals. The company executive refused to reveal the transaction value.

Medfort Hospitals merges with Maxivision

The Manipal Education and Bank of Baroda (BoB) on Tuesday announced the launch of the Baroda Manipal School of Banking (BMSB) which was inaugurated in Bangalore on Monday.

Manipal starts corporate varsity course for BoB

The Andhra Pradesh High Court on Tuesday dismissed a petition filed by Speak Asia Online Pte of Singapore seeking to quash the first information report (FIR) registered by the state crime investigation department (CID) against it. It also vacated the stay on the arrest of the directors, representatives, officials and employees of the company.

AP High Court dismisses Speak Asia petition

The Andhra Pradesh High Court on Tuesday rejected the bail plea of Satyam Computer founder B Ramalinga Raju and seven others accused in the multi-crore accounting fraud at the IT outsourcing company.

Raju denied bail again

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