Sambalpur: Farmers are up with arms against the proposed Sankha Bhanguni minor irrigation project to be constructed near Sodhamal in Sambalpur'sJamenkira block.

The incident occurred at a factory in the southeastern industrial city of Gumi, where a hydrochloric acid leak at another factory last September left more than 3,000 people seeking medical treatmen

Mahindra Reva, a part of the Mahindra Group, today said that it will launch its new generation electric vehicle, e2o, in the middle of this month.

BHUBANESWAR: Odisha government will take action against companies, which have bought private land without government permission, a government statement said.

Revenue minister Surya Narayan Patro has asked district collectors to register cases against companies, which bought land without taking government permission under the Orissa Land Reforms Act, 1960, the statement said. The minister has asked the collectors to take disciplinary action against tahasildars, who registered such properties. The government will cancel the land pattas of such deals, it added.

Steel producer Southern Ispat & Energy Ltd (SIEL) is planning to enter into backward integration by setting up a 1.2 -million tonne pelletisation plant in Chattarpur, Madhya Pradesh. With an estimated investment of Rs 300 crore, the plant is set to start operations by April 2014.

SIEL will invest Rs 150 crore in the first phase. The remaining investment would be done in the second phase. The company has already acquired 100 acres in Chattarpur and is expected to start its beneficiation and pelletisation process by April 2014, said a senior company official.

Liquid chlorine spill at a chemical plant in Russia's Perm Territory injured 30 people, local authorities told the Interfax news agency Friday.

Lucky Cement won the 7th CSR National Award in the category of ‘Supporting and improving the education’ in Pakistan. The CSR Association publicly announced the award.

UltraTech Cement company on Friday said that it has temporarily shut down its Awarpur cement plant in Maharashtra, due to workers’ unrest, which has 3.6-million tonne production capacity.

15% allowance on capital expenditure would help PSUs, too

India Inc has a good reason to step up capital expenditure (capex). With the Budget proposing an additional investment allowance of 15 per cent for assets acquired and installed in the next two years for over Rs 100 crore in capital spending, companies are expected to get a total benefit of Rs 25,000 crore.
According to an estimate by the Centre for Monitoring Indian Economy (CMIE), India Inc plans fresh capital expenditure of around Rs 5,00,000 crore in 400 projects in the next two financial years.

Decrying indiscriminate use of natural resources and deforestation in the name of growth, Union Environment Minister Jayanthi Natarajan today said that industries and corporates should focus on protecting the environment and ensure balanced and sustained development.

"...There are some industries, which feel that we should indiscriminately use natural resources, cut down our forests and use them for growth," she told reporters here on the sidelines of the annual general meeting of the Indian Plywood Industries Research and Training Institute, an autonomous body under the union ministry of environment.