Industry Odisha Bureau, Sep 09: JSW Group and Volkswagen have signed a non-binding MoU. The agreement proposes a 51:49 India joint venture. Exclusive negotiations on valuation and terms have now begun. Multiple people familiar with the matter confirmed the development. The MoU itself does not finalize any transaction. Both companies still need to agree on valuation. They are targeting a binding agreement by end-2026. A SAVWIPL spokesperson confirmed the development in a statement. The proposed alliance would operate through a new entity. JSW would hold 51%, with Volkswagen holding 49%. This would sit separate from JSW’s existing MG partnership. The…
Author: Industry Odisha
Industry Odisha Bureau, Sep 09: Apple is holding its September product event later today. The event is called Surprise and Shine this year. Apple could unveil its first foldable iPhone at Apple Park. The iPhone 18 Pro series is also widely expected. Multiple new devices are expected across Apple’s lineup. The showcase takes place at Apple Park in Cupertino. It begins at 10 am Pacific Time today. Indian viewers can watch starting at 10:30 pm IST. The event streams live on Apple’s YouTube channel. Apple TV will also carry the livestream. Apple has not listed additional official streaming platforms. John…
Industry Odisha Bureau, Sep 09: A government sub-committee has recommended retaining India’s doorstep delivery rule. Withdrawing the 2020 notification could hurt several patient groups. The panel instead favoured stronger enforcement of existing safeguards. Patient access was a central consideration in that decision. The framework, known as GSR 220(E), permits doorstep medicine delivery. It operates under specific conditions set in 2020. A government sub-committee recently reviewed whether to withdraw it. The rule allows delivery under prescribed regulatory conditions. The panel concluded that scrapping GSR 220(E) was not advisable. It said the rule continued serving an important purpose. This benefit outweighed concerns…
Industry Odisha Bureau, Sep 09: India’s festive travel season is starting earlier this year. Hotel bookings and room rates are already climbing accordingly. Hoteliers expect stronger occupancy and revenue through the season. Travel companies describe the shift as broad-based, not universal. Radisson Hotel Group reported bookings running ahead of last year. Its leisure hotel bookings are about 10-15% higher currently. Demand around the Gandhi Jayanti weekend has been strong. Dussehra and Diwali bookings typically accelerate closer to those dates. The company operates hotels across several Indian cities. Many travellers are combining festivals, school holidays and paid leave. That combination is…
Industry Odisha Bureau, Sep 09: Rising India gold prices are reshaping jewellery purchasing patterns. Consumers increasingly exchange old gold instead of paying cash. That shift has weakened advance purchase scheme deposits nationwide. Tanishq, India’s largest jewellery chain, reported a sharp decline. The chain is operated by Titan Company. Gold prices rose about 20% during FY25. They surged roughly 56% during the following fiscal year. Central-bank buying, geopolitical uncertainty and rupee depreciation all contributed. Those factors pushed prices to record levels domestically. Advance purchase schemes let customers pay in monthly installments. These schemes have long supported jewellery buying nationwide. They also…
Industry Odisha Bureau, Sep 09: Real Madrid and Manchester City won their Champions League openers. Kylian Mbappe scored for Madrid in a 2-1 win. Erling Haaland scored twice as Man City beat Porto 2-0. PSG, the two-time defending champion, plays Wednesday. Mbappe opened the scoring after just 14 minutes. Brahim Diaz slipped him through against Inter Milan. Mbappe finished low past goalkeeper Josep Martinez. The goal was Mbappe’s 71st in the competition. That tally moved him level with Real Madrid great Raul. The pair now share fifth on the all-time scorers list. Federico Valverde added Madrid’s second goal soon after.…
Industry Odisha Bureau, Sep 09: Apple is preparing to unveil its first foldable iPhone. The device follows nearly a decade of internal development. Pricing could exceed $2,000, testing Apple’s premium strategy. The launch marks Apple’s biggest iPhone design change yet. Apple’s hardware teams studied foldable technology for years. That research predated Samsung’s first Galaxy Fold in 2019. Around 2020, Tim Cook returned energized from an Asia trip. He had seen consumers using foldable devices there widely. Cook pushed Apple to accelerate its foldable development efforts. He became one of the project’s earliest internal champions. His involvement was notable given his…
Industry Odisha Bureau, Sep 09: A technical fault at NATS disrupted UK air traffic on Tuesday. Air India was among the airlines affected by the disruption. The carrier diverted, delayed and cancelled several UK-linked flights. The disruption affected UK aviation operations widely that day. NATS manages air traffic control across British airspace. It also operates control services at major UK airports. The technical problem disrupted departures from several airports nationwide. Wider delays soon spread across parts of European aviation. Air India said the disruption forced multiple operational changes. Flights were diverted, delayed or cancelled because of the fault. The airline…
ଭୁବନେଶ୍ୱର: କମ୍ପାନୀ ସେକ୍ରେଟାରିଜ୍ର ୫୪ତମ ଜାତୀୟ ସମ୍ମିଳନୀ ୭ ସେପ୍ଟେମ୍ବର ୨୦୨୬ରେ ଐତିହାସିକ ସହର ଭୁବନେଶ୍ୱରଠାରେ ଉଦ୍ଯାପିତ ହୋଇଯାଇଛି । ଏଥିସହିତ ବ୍ୟାପକ ବିମର୍ଷ, ନବୋନ୍ମେଷୀ ଚିନ୍ତାଧାରା ଏବଂ ରଣନୈତିକ ନେଟୱର୍କିଂ ଉପରେ ଚାଲିଥିବା ତିନିଦିନ ବ୍ୟାପୀ କାର୍ଯ୍ୟକ୍ରମ ସମାପ୍ତ ହୋଇଛି । “ନେକ୍ସଟ୍ଜେନ୍ ସିଏସ୍- କାଟାଲିଷ୍ଟ ଅଫ୍ ଗ୍ରୋଥ୍ ଆଣ୍ଡ୍ ଗାର୍ଡିଆନ୍ ଅଫ୍ ଗଭର୍ଣ୍ଣାନ୍ସ” ଶୀର୍ଷକ ବିଷୟ ଉପରେ ଆୟୋଜିତ ଚଳିତ ବର୍ଷର ସମ୍ମିଳନୀ ପରବର୍ତ୍ତୀ ପିଢି (ନେକ୍ସଟ୍ଜେନ୍) କମ୍ପାନୀ ସେକ୍ରେଟାରିଜ୍ ନିମନ୍ତେ ଏକ ନିର୍ଣ୍ଣାୟକ ରୋଡମ୍ୟାପ୍ ସ୍ଥାପନ କରିବା ନିମନ୍ତେ ଆଲୋଚନା ସମ୍ମୁଖ ଭାଗକୁ ଆଣିଥିଲା । ସ୍ଥିତପ୍ରଜ୍ଞ ବୃତ୍ତିଧାରୀ, ଶିଳ୍ପ ଜଗତର ପ୍ରତିଷ୍ଠିତ ବ୍ୟକ୍ତିଗଣ, ନିୟାମକ ଏବଂ ସମଗ୍ର ଦେଶରୁ ନୀତି ବିଶାରଦମାନେ ନିମ୍ନଲିଖିତ ଅଧିବେଶନଗୁଡିକ ଜରିଆରେ ପ୍ରଯୁକ୍ତିବିଦ୍ୟାର ସମନ୍ୱୟ, ଦୀର୍ଘସ୍ଥାୟିତା, ବଜାର ସ୍ଥାନାନ୍ତରଣ ଏବଂ ବୋର୍ଡରୁମ୍ ନୈତିକତା ଆଦି ବିଷୟ ଉପରେ ଆଲୋଚନା କରିବାକୁ ଏକତ୍ରିତ ହୋଇଥିଲେ । ଉକ୍ତ ବିଷୟଗୁଡିକ ହେଉଛି: – ରେଗ୍ଟେକ୍…
Bhubaneswar, Sep 08: The 54th National Convention of Company Secretaries came to a close on 7 September 2026 in the historic city of Bhubaneswar, marking the end of three days of intense dialogue, innovative ideas, and strategic networking. Organized on the theme, “NextGen CS – Catalyst of Growth & Guardian of Governance”, this year’s Convention brought forward discussions to establish a decisive roadmap for the NextGen Company Secretaries. Seasoned Professionals, Industry Stalwarts, Regulators, and Policy Experts from across the country gathered to deliberate on technology integration, sustainability, market shifts, and boardroom ethics through the following Sessions: • RegTech Revolution: Aligning…