Stepping into the portico of 2008, our mother land Orissa has carried along a great honor of achievements and reputation of being the fastest growing state of India during the year 2007. For the year 2007, it seems Lord Sri Jagannath and goddess Laxmi had favored Orissa. Results of an extremely efficient governance, in last 365 days, Orissa was gifted with
Investments pumped in : Rs. 178435.52 Crores
Ores and Minerals on trade : 196.92 million tones
Power sector boom up : 37250 Mega Watts
News highlights 2007 : ( in reverse chronological order )
• Orissa invests Rs 600 cr to minimise T&D losses
• Orissa develops power transmission system with Rs 600 cr
• Nalco investsRs 409 cr to upgrade mines, refinery
• Orissa to get its first shipyard worth Rs 2,200 crore
• Infosys donates 1 crore to IIIT, Bhubaneswar
• UN to spend USD 24 million for development in Orissa
• Orissa Govt. cleared Rs 120-crore sugar factory in Koraput region
• Navayuga group to set up 12 million tonne steel plant at Astaranga
• Orissa No – 1 investment desitnation in India, attracts Rs558 billion : ASSOCHAM study
• FACOR investsRs 2500 cr for expansion in Orissa
• Nalco achieved net profit of Rs 439.73 crore
• Rourkela Steel Plant to double production with an expansion worth 10,000 crores
• Ship factory at Dhamra to cost 2,200 crores
• Centre plans 4,000MW power plant in Orissa
• Orissa Sponge plans Rs 225-cr pref issue
• LIC AUM to cross Rs 100 cr in Orissa
• 100-bed facility for Care Hospital with cost of Rs 15 crores
• Orissa Govt to build Drama auditorium at cost of Rs. 12 crore
• Cuttack to get Rs 2,000 crore for facelift under JNNURM
• State to demand Rs. 1,000-crore allocation in railway budget
• SAIL invests49,000 crores in Orissa
• Essar Steel invests15,000 crores in Orissa by January
• SAIL quotes Rs 12,300 crore for Nilachal Ispat Nigam in Orissa
• 14 million tonne cargo handling capacity all-weather port at Puri
• UMPPs plans 9,000 MW mega power plant in Orissa
• NALCO profits Rs 2,381 crore for 2006-07
• Rs 594 crore infrastructure development of Cuttack city under ISDP
• ADB funds Rs 1,200 crore for Integrated Agriculture and Water Management project in Orissa
• Orissa gets Rs 1346 crore for rural dev programme
• Centre releases Rs. 256.91 crore to Orissa for Pradhan Mantri Gram Sadak Yojana
• Over bridge at cost of Rs 144 crore to come up at Cuttack
• Gram panchayats to be linked with computers with Finance Commission grant of Rs 83 cr
• Ayush Hospital investsRs 13.5cr in Orissa project
• AP Govt to pay 1.55 cr as outstanding dues to Orissa
• Orissa govt. provided Rs 1,119 cr to improve road infrastructure
• Hindustan Construction bags Rs 168 cr Tata Steel order
• Centre okays Rs 50 lakh for development of Chausathi Yogini temple
• Kerala to build Rs 4,000-cr thermal station in Orissa
• Orissa targets Rs 6,000cr revenue
• Rs. 50 crores for Orissa Tourism
• 1000 km NH in Orissa to be made double lane
• RSP modernisation programme at cost of Rs 9,869 crore
• Orissa announced Biju Gram Jyoti Yojana, 10,000 villages to be electrified
• World Bank to fund Rs 1,400cr for Orissa roads
• Orissa Govt. nod to projects worth Rs 7,225 crore
• Orissa equipped to generate 20000 MW of power
• Jindal Stainless investsRs 5,600-cr for expansion of Orissa plant
• ACC's Orissa unit capacity to go up to 2.14mt
• Orissa Govt to collect additional Rs 1000 crore from VAT, entry tax
• Jindal Steel to set up 250 MW power plant at Kalinga Nagar
• OMC presented cheque of Rs 30 crore to CM
• Hyderabad firm plans Rs 6,000cr port at Astaranga
• State Govt. sanctioned 12 crore for Bhitarkanika, Satkosia sanctuaries
• BIG 92.7 FM to launch FM radio station in Bhubaneshwar
• PPT set to handle 106.40 Million tonne cargo by 2012
• 51 Steel companies sign MoU in Orissa
• Finance minister Ghadei presented Rs 14,000-cr vote-on-account
• UGC grants Rs 96 cr for girls hostel in Orissa
• Economy grew at 7.3 percent, revenue surplus after 22 yrs in Orissa
• ADB to provide $200 m for irrigation projects
• Nalco to contribute Rs 5 cr for renovation of "Ananda Bazaar" at Sri Jagannath Temple
• NTPC to set up 4000 MW coal-fired ultra mega power plant in Orissa
• Orissa Govt to get Rs 800 cr from Japan bank
• Allocation for Orissa goes down; gets only Rs 606 crore
• Planning Commission grants Rs 5105 cr to Orissa
• Foreign tourist inflow to Orissa increase by 13 percent
• Paradip port handles record 33.12 million tons of cargo
• State raked Rs 270 crore from sales of kendu leaf
• Jindal Steel net jumps 50% by setting 6 million tonne steel plant, Orissa
• NEW ULTRA MEGA POWER PROJECT with a capacity of 4,000 mw will come up in Orissa
• State got extra revenue of Rs 3,500 cr: Experts pointed out
• Centre allocates 199 cr for Sadak Yojana in Orissa
• million sports complex in Orissa
• BHEL plans Rs 3,200 cr investment for expansion in Orissa
• McNally Bharat bags Rs 923.1 mn order from Utkal Alumina International
• Rs 2,000 cr port to come up at Kirtania in Bhograi
• Orissa targets to take IT exports to Rs 2,500 cr in 5 yrs
• SAIL expands with 6 more projects worth Rs 670 Cr
• 21 pvt medical colleges get NOC
source: http://nilachakra.50webs.com
Thursday, January 3, 2008
Thursday, November 22, 2007
Genpact SEZ foundation stone laid in Orissa
Bhubaneshwar, Nov 22: The country's largest BPO company Genpact Thursday broke ground for its special economic zone (SEZ) here, which it is jointly developing with the Orissa government, official sources said.
Orissa Chief Minister Naveen Patnaik laid the foundation stone for the new facility in the presence of Genpact President and CEO Pramod Bhasin.
The commissioning of this SEZ facility, spread over an area of 12.145 acre, would be done in three phases between 2009 and 2011, Bhasin said. "On completion, 500,000 square feet of office space will be available to seat over 4,000 employees for Genpact," he told reporters.
"It is a matter of great pride for Orissa that Genpact has decided to set up operations in the state," State Energy Minister S N Patro said, adding that the BPO company's operation would work as a catalyst for other IT companies to invest in the state.
While Andhra Pradesh government has allotted a 50-acre plot of land, Rajasthan government has offered 25 acre of land for setting up SEZs in their states to Genpact, Bhasin said.
Bureau Report
source: http://www.zeenews. com/znnew/ articles. asp?aid=408801& ssid=53&ssname= Companies% 20and%20Commodit ies&sid=BUS& sname=
Orissa Chief Minister Naveen Patnaik laid the foundation stone for the new facility in the presence of Genpact President and CEO Pramod Bhasin.
The commissioning of this SEZ facility, spread over an area of 12.145 acre, would be done in three phases between 2009 and 2011, Bhasin said. "On completion, 500,000 square feet of office space will be available to seat over 4,000 employees for Genpact," he told reporters.
"It is a matter of great pride for Orissa that Genpact has decided to set up operations in the state," State Energy Minister S N Patro said, adding that the BPO company's operation would work as a catalyst for other IT companies to invest in the state.
While Andhra Pradesh government has allotted a 50-acre plot of land, Rajasthan government has offered 25 acre of land for setting up SEZs in their states to Genpact, Bhasin said.
Bureau Report
source: http://www.zeenews. com/znnew/ articles. asp?aid=408801& ssid=53&ssname= Companies% 20and%20Commodit ies&sid=BUS& sname=
Tuesday, October 9, 2007
Orissa IT and mining professionals in demand
BHUBANESWAR : New Delhi-based global placement company, WorldWide Immigration & Consultancy Services (WWICS), has started scouting for mining and IT professionals from Orissa for placements in countries like Australia, New Zealand, Canada. The company has hosted a seminar to create awareness among the professionals about the job opportunities in the world market.
Chairman and managing director of WWICS BS Sandhu, told reporters mining professionals from Orissa can look for better job opportunities in Australia and Canada.
Chairman and managing director of WWICS BS Sandhu, told reporters mining professionals from Orissa can look for better job opportunities in Australia and Canada.
IIIT all set for a start
Bhubaneswar: The state government announced that the Indian Institute of Information Technology (HIT) will start functioning from the coming academic session with an initial student intake of 60.
The IIIT, for which President APJ Abdul Kalam had laid the foundation stone in 2006 in Gothapatna area on the city's outskirts, will begin operations in September from a rented accommodation in Fortune Towers here and move to its own campus as and when it is ready, IT minister S N Patro said.
According to Patro, the appointment of director and faculty members for the IIIT will be done soon. "At least seven persons from the state, who are working with universities in the US, have evinced keenness to be associated with the upcoming institute as visiting faculty. We will be using their expertise to give the students quality education and training," he said. ,
The IIIT, he added, will go a long way in meeting the research and development as well as academic requirements of IT institutes and software organisations of the state. The government had earlier given 23 acres at Gothapatna to the IIIT, while another 92 acres has been identified at a nearby location for a proposed 'IT Knowledge Park'.
The minister said the government, with a view of giving the IT sector a fillip, has already identified 671 acres spread over five villages on the city's outskirts for the second Infocity.
The land will be acquired soon from Durgapur (59 acres), Gadakasipur (227 acres), Arisal (122 acres), Harapur (204 acres) and Harekrushnapur (56 acres) villages. The Pune-based Monarch Architects has been entrusted with the job of designing the second Infocity, he added.
The first Infocity, which was developed in the nineties, is now fully occupied and boasts of the presence of biggies like Infosys and Tata Consultancy Services.
Officials said the state witnessed a 58 per cent jump in IT exports in 2006-07 with the total exports touching Rs 732 crore compared to Rs 465 crore the previous year. A total of 32 IT units, including 19 new ones, contributed to the total exports during the last fiscal.
The IIIT, for which President APJ Abdul Kalam had laid the foundation stone in 2006 in Gothapatna area on the city's outskirts, will begin operations in September from a rented accommodation in Fortune Towers here and move to its own campus as and when it is ready, IT minister S N Patro said.
According to Patro, the appointment of director and faculty members for the IIIT will be done soon. "At least seven persons from the state, who are working with universities in the US, have evinced keenness to be associated with the upcoming institute as visiting faculty. We will be using their expertise to give the students quality education and training," he said. ,
The IIIT, he added, will go a long way in meeting the research and development as well as academic requirements of IT institutes and software organisations of the state. The government had earlier given 23 acres at Gothapatna to the IIIT, while another 92 acres has been identified at a nearby location for a proposed 'IT Knowledge Park'.
The minister said the government, with a view of giving the IT sector a fillip, has already identified 671 acres spread over five villages on the city's outskirts for the second Infocity.
The land will be acquired soon from Durgapur (59 acres), Gadakasipur (227 acres), Arisal (122 acres), Harapur (204 acres) and Harekrushnapur (56 acres) villages. The Pune-based Monarch Architects has been entrusted with the job of designing the second Infocity, he added.
The first Infocity, which was developed in the nineties, is now fully occupied and boasts of the presence of biggies like Infosys and Tata Consultancy Services.
Officials said the state witnessed a 58 per cent jump in IT exports in 2006-07 with the total exports touching Rs 732 crore compared to Rs 465 crore the previous year. A total of 32 IT units, including 19 new ones, contributed to the total exports during the last fiscal.
Sunday, September 9, 2007
Small-unit impetus to IBM growth
Calcutta, Sept. 9: IBM India is opening offices in tier II and tier III cities to tap small and medium businesses (SMBs).
The company said India, China, Korea and the countries of the Association of Southeast Asian Nations were the fastest growing markets for small and medium businesses.
“After Jamshedpur, we will go to Nashik, Surat, Bhubaneswar, Jaipur, Madurai and Ludhiana,” said Vivek Malhotra, vice president — global small & medium business, IBM India. The company earlier opened similar centres in Visakhapatnam, Chandigarh, Nagpur, Coimbatore, Goa, Bhopal and Lucknow.
India contributes 24 per cent to IBM’s growth in the SMB segment, while China contributes 35 per cent.
The company’s SMB division contributes nearly 20 per cent to its total revenue.
“In the eastern region, Chhattisgarh, Jharkhand, Orissa, Bengal and Assam have a huge potential in the segment,” Malhotra said.
“The offices will help us in being close to our customers. This presence is critical since the SMBs employ almost 70 per cent of the global workforce,” said Malhotra.
In the Indian subcontinent, the SMBs have spent around $7.7 billion to ramp up their infotech infrastructure. Research agency ACNielsen forecasts this amount to go up substantially in 2008. There are over nine million SMBs in India and each of them spends around Rs 30 lakh on IT solutions.
IBM plans to revamp its solutions to meet SMB needs. It will scale down solution and application functionalities to suit operational-management capabilities and budgets.
“SMBs are looking for operational efficiency, lower cost of operations, security and an infrastructure that’s easy to use. We are investing to strengthen education, demand generation and technical support to business partners,” Malhotra said.
IBM has increased incentives to its partners who are associated with SMBs.
The company has presence in 300 Chinese cities through 9,000 business partnerships. In India, it is present in 200 cities and has 2,500 partners.
According to figures released in the IBM PartnerWorld 2007, the company will open offices in 25 tier I and II cities in China by the end of the year.
source: http://www.telegraphindia.com/1070910/asp/business/story_8296268.asp
The company said India, China, Korea and the countries of the Association of Southeast Asian Nations were the fastest growing markets for small and medium businesses.
“After Jamshedpur, we will go to Nashik, Surat, Bhubaneswar, Jaipur, Madurai and Ludhiana,” said Vivek Malhotra, vice president — global small & medium business, IBM India. The company earlier opened similar centres in Visakhapatnam, Chandigarh, Nagpur, Coimbatore, Goa, Bhopal and Lucknow.
India contributes 24 per cent to IBM’s growth in the SMB segment, while China contributes 35 per cent.
The company’s SMB division contributes nearly 20 per cent to its total revenue.
“In the eastern region, Chhattisgarh, Jharkhand, Orissa, Bengal and Assam have a huge potential in the segment,” Malhotra said.
“The offices will help us in being close to our customers. This presence is critical since the SMBs employ almost 70 per cent of the global workforce,” said Malhotra.
In the Indian subcontinent, the SMBs have spent around $7.7 billion to ramp up their infotech infrastructure. Research agency ACNielsen forecasts this amount to go up substantially in 2008. There are over nine million SMBs in India and each of them spends around Rs 30 lakh on IT solutions.
IBM plans to revamp its solutions to meet SMB needs. It will scale down solution and application functionalities to suit operational-management capabilities and budgets.
“SMBs are looking for operational efficiency, lower cost of operations, security and an infrastructure that’s easy to use. We are investing to strengthen education, demand generation and technical support to business partners,” Malhotra said.
IBM has increased incentives to its partners who are associated with SMBs.
The company has presence in 300 Chinese cities through 9,000 business partnerships. In India, it is present in 200 cities and has 2,500 partners.
According to figures released in the IBM PartnerWorld 2007, the company will open offices in 25 tier I and II cities in China by the end of the year.
source: http://www.telegraphindia.com/1070910/asp/business/story_8296268.asp
Thursday, September 6, 2007
Wipro BPO to hire more
Calcutta, Sept. 6: Wipro BPO plans to ramp up its headcount to 25,000 from 20,000 in the next couple of years.
The company expects 20 per cent of its revenues to come from abroad in the next five years.
V. Anandkumar, vice-president (people supply chain and employee branding) of Wipro BPO, said, “We have 3,000 people in our Calcutta centre and expect to hire another 500 in the next six months. We have grown by 100 per cent in this city in the last year.”
BPO work in finance and accounting will be taken up in the city, for which the company will make additional recruitment.
These services are now provided by the Chennai centre. Anandkumar said the city centre lost 5 mandays last year whereas other centres lost 1-2 days.
The company is open to expanding in other parts of the state, such as Siliguri, provided there is adequate infrastructure and availability of manpower.
In international operations, Wipro recently opened a centre in Shanghai and plans to open one more in China.
The company has also studied the feasibility of a centre in the Philippines where many companies have set up shop.
“We liked what we saw and could consider it as our next location in this part of the globe,” Anandkumar said.
In Europe, the company has recently set up a centre in Bucharest, which employs nearly 100 people.
Wipro is also exploring locations in the US and South America. In India, besides the expansion of the Hyderabad facility, centres are coming up in Bhubaneswar, Visakhapatnam, Kochi and Noida.
The company is also trying to get more clients from within the country and the target areas are telecom and banking. India contributes about 2 per cent to its revenues. Acquisitions are also part of the company’s growth plans, Anandkumar said.
source: http://www.telegraphindia.com/1070907/asp/business/story_8286699.asp
The company expects 20 per cent of its revenues to come from abroad in the next five years.
V. Anandkumar, vice-president (people supply chain and employee branding) of Wipro BPO, said, “We have 3,000 people in our Calcutta centre and expect to hire another 500 in the next six months. We have grown by 100 per cent in this city in the last year.”
BPO work in finance and accounting will be taken up in the city, for which the company will make additional recruitment.
These services are now provided by the Chennai centre. Anandkumar said the city centre lost 5 mandays last year whereas other centres lost 1-2 days.
The company is open to expanding in other parts of the state, such as Siliguri, provided there is adequate infrastructure and availability of manpower.
In international operations, Wipro recently opened a centre in Shanghai and plans to open one more in China.
The company has also studied the feasibility of a centre in the Philippines where many companies have set up shop.
“We liked what we saw and could consider it as our next location in this part of the globe,” Anandkumar said.
In Europe, the company has recently set up a centre in Bucharest, which employs nearly 100 people.
Wipro is also exploring locations in the US and South America. In India, besides the expansion of the Hyderabad facility, centres are coming up in Bhubaneswar, Visakhapatnam, Kochi and Noida.
The company is also trying to get more clients from within the country and the target areas are telecom and banking. India contributes about 2 per cent to its revenues. Acquisitions are also part of the company’s growth plans, Anandkumar said.
source: http://www.telegraphindia.com/1070907/asp/business/story_8286699.asp
Wednesday, September 5, 2007
Wipro Tech launches Mission 10X
BANGALORE: Mission 10X, the initiative by Wipro Technologies launched here on Thursday, is to meet head-on the looming skills shortage that threatens to affect the IT industry’s growth.
Wipro Chairman, Azim Premji, told a gathering of academicians that “Mission 10X is to create systematic and systemic changes to current teaching-learning practices in engineering education. We hope by training the [members of the] faculty along industry standards, the employability level of engineering graduates and diploma holders will improve”.
India was turning out almost five lakh engineering graduates and diploma holders annually, while the output in China was estimated at six lakh, in the U.S., 75,000 and in Germany 25,000, Mr. Premji said.
Responding to questions, Mr. Premji and IIT-Bombay faculty Kannan Moudgalya, said that the current financial year would see 1,000 faculty trained, with sessions also planned in smaller centres like Bhubaneswar and Visakhapatnam. Eventually, the whole country is to be covered, including the North East and by 2010.
“While a fresh look at the engineering curriculum is necessary, we have only come to the level of having discussions with the Union Education Ministry. Meanwhile we can improve the quality of faculty and teaching,” Mr. Premji said.
Wipro Chairman, Azim Premji, told a gathering of academicians that “Mission 10X is to create systematic and systemic changes to current teaching-learning practices in engineering education. We hope by training the [members of the] faculty along industry standards, the employability level of engineering graduates and diploma holders will improve”.
India was turning out almost five lakh engineering graduates and diploma holders annually, while the output in China was estimated at six lakh, in the U.S., 75,000 and in Germany 25,000, Mr. Premji said.
Responding to questions, Mr. Premji and IIT-Bombay faculty Kannan Moudgalya, said that the current financial year would see 1,000 faculty trained, with sessions also planned in smaller centres like Bhubaneswar and Visakhapatnam. Eventually, the whole country is to be covered, including the North East and by 2010.
“While a fresh look at the engineering curriculum is necessary, we have only come to the level of having discussions with the Union Education Ministry. Meanwhile we can improve the quality of faculty and teaching,” Mr. Premji said.
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