Ramco Cements to spend Rs 731 cr on capex in H2FY23, posts Rs 11 cr PAT
According to the company, the proposed line will have a capacity of 0.90 million tonne per annum (mtpa), and post commissioning the total capacity at the Haridaspur unit will be 1.80 mtpa. The company said production of cement at its Kolimigundla plant in Andhra Pradesh had commenced in September.
CM Naveen Patnaik coming to 'sell' Odisha to Maharashtra investors
CM Patnaik, along with a high-level delegation of senior officials, is expected to be in Mumbai over the next couple of days and meet top leaders of India Inc. as part of the Odisha Investors Meet, in the country's commercial capital. In Mumbai, the Odisha government will lay emphasis on attracting investments in areas like chemicals, petrochemicals, metals, textiles, electronics system design, manufacturing and tourism.
ED attaches assets worth Rs 3.92 cr of ex-Odisha MLA, media firm
The ED has provisionally attached movable as well as immovable assets worth Rs 3,92,20,000 belonging to Pravat Ranjan Biswal, erstwhile MLA, Cuttack and Media Guru Consultants Pvt Ltd under PMLA, 2002 in a ponzi scam case. The total attachment in the case is now Rs 261.92 crore, the agency said in a tweet. According to a statement issued by the ED, the attached assets include bank balance of Rs 25 lakhs at SBI Cuttack Branch belonging to Biswal and one immovable property belonging to Media Guru Consultants in Noida.
Odisha approves AM/NS's Rs 1.02 lakh cr steel plant project
The High-Level Clearance Authority, headed by Chief Minister Naveen Patnaik, gave its nod to the proposal under which the company plans to set up a 24 million tonnes per annum (MTPA) integrated steel plant at Mahakalpara block of Kendrapara, an official statement said.