Industry Odisha Bureau, Aug 26: In a bid to reset itself for achieving more sales growth from electric vehicles (EVs), premium bikes as well as augment its global exports, Delhi-headquartered Indian multinational motorcycle and scooter manufacturer Hero MotoCorp Limited has reportedly appointed five senior executives from the non-two-wheeler backgrounds. Citing the company’s sources, media reports have stated that, “While Pawan Munjal had stepped down from the post of Chief Executive Officer (CEO) in 2023 to be the Executive Chairman, Harshavardhan Chitale is the incumbent CEO, Srihari Mulgund is the new Strategy Officer, Sachin Agarwal is the new Technology Officer, Kausalya…
Author: Industry Odisha
Industry Odisha Bureau, Aug 26: India’s large infrastructure pipeline has accumulated approximately thirty-four thousand crore rupees in cumulative cost overruns. The Ministry of Statistics and Programme Implementation released data for July two thousand twenty-six. Government monitoring covered seventeen hundred seventy-five ongoing projects across seventeen Central Ministries and Departments. The projects’ original estimated cost was thirty-three lakh seventy thousand one hundred thirty-eight crore. Revised project costs reached thirty-seven lakh ten thousand six hundred forty-two crore rupees total. The difference reflects the substantial challenges in estimating and executing infrastructure projects systematically. The scope of India’s infrastructure ambitions becomes clearer when examining progress…
Industry Odisha Bureau, Aug 26: Crude oil prices declined for a third consecutive session as Iran and Oman advanced. Brent crude fell below eighty-seven dollars, marking approximately eight percent weekly decline. West Texas Intermediate traded near eighty-one dollars throughout the trading session. The price retreat reflected reduced concerns about shipping through the Strait of Hormuz. Despite recent pullback, crude remains more than forty percent higher this year. The ongoing US-Iran conflict continues disrupting energy flows from the Persian Gulf region. Iran’s Foreign Minister Abbas Araghchi and Omani Foreign Minister Badr Albusaaidi discussed frameworks. The two countries proposed an interim arrangement…
Industry Odisha Bureau, Aug 26: Washington has now targeted four India-based companies engaged in Iranian petroleum commerce. Treasury Secretary Scott Bessent announced Operation Economic Outcast on August 24, 2026. The campaign aims to block potential revenue sources for Tehran’s government entirely. The action demonstrates how secondary sanctions can reach third-country businesses conducting Iran trade. The sanctions expand financial pressure beyond Iranian entities to their trading partners. Secondary sanctions can restrict access to US financial infrastructure and dollar transactions. They may discourage international banks from financing Iran-related commerce by foreign firms. This creates compliance risks for businesses balancing Iranian trade with…
Bhubaneswar, Aug 25: The Office of the Special Relief Commissioner (SRC) along with the State Emergency Operation Centre (SEOC) are maintaining round-the-clock surveillance over the low-pressure-induced rainfall and flood situation in some parts of the State. As per the situation report available up to 11:00 AM on August 25, 2026, the overall situation across the State remains under control. According to the India Meteorological Department (IMD), the low-pressure area over Gangetic West Bengal and adjoining Jharkhand and north Odisha continues to remain active over the same region. The associated cyclonic circulation extends up to about 7.6 km above mean sea…
New Delhi, Aug 25: In a significant step towards achieving the vision of Aatmanirbharta in defence, Defence Minister Rajnath Singh has approved the transfer of DRDO-developed technologies of all conventional missile systems to the Indian defence industry for production within the country. This Transfer of Technology marks an important milestone in promoting greater participation of the domestic industries in the defence ecosystem by enabling them to undertake indigenous production, as per applicable qualifications, certifications and regulatory requirements. The provision will enable successful transition of missile system development to industrial production, reflecting the continued efforts of DRDO to leverage the capabilities…
Industry Odisha Bureau, Aug 25: The United States launched Operation Economic Outcast on Monday, targeting Iran’s financial networks. Washington warned businesses globally that facilitating Iran trade could trigger severe sanctions. Treasury Secretary Scott Bessent said countries would receive a limited “cure period” before enforcement. The campaign represents a carefully calibrated pressure strategy rather than an immediate economic blockade. The first phase already sanctioned more than sixty individuals, entities and vessels. Five critical sectors face heightened scrutiny: digital assets, technology, gold, aviation and shipping. These targets connect directly to Iran’s oil revenues, nuclear procurement and cyber operations. Washington has explicitly reserved…
Industry Odisha Bureau, Aug 25: Rourkela Steel Plant (RSP), a unit of Steel Authority of India Ltd (SAIL) has maintained a strong focus on direct order fulfilment to support timely sales realisation, improve working capital efficiency and strengthen cash flow. During July 2026, RSP despatched 364,649 tonnes of saleable steel. Of this, 300,911 tonnes were despatched directly against customer orders, while 63,738 tonnes were dispatched through the stockyard route, officials informed. Direct order fulfilment thus accounted for approximately 82.5 percent of the total despatches during the month, they said. The plant’s focus on direct order fulfilment is aimed at ensuring…
ଭୁବନେଶ୍ୱର, ୨୫/୦୮/୨୦୨୬: ଭାରତର ସର୍ବବୃହତ ଆଲୁମିନିୟମ ଉତ୍ପାଦକ ବେଦାନ୍ତ ଆଲୁମିନିୟମ କୋଇଲା ଖଣି ଏହାର ଗୋଷ୍ଠି ପ୍ରୋତ୍ସାହନ ଯୋଜନାରେ ପ୍ରକଳ୍ପ ଜ୍ୟୋତି ମାଧ୍ୟମରେ ସ୍ୱଚ୍ଛ ଶକ୍ତି ଭିତ୍ତିଭୂମିର ସମ୍ପ୍ରସାରଣ କରି ଓଡ଼ିଶାର ଝାରସୁଗୁଡ଼ା ଏବଂ ସୁନ୍ଦରଗଡ଼ ଜିଲ୍ଲାରେ ସୁରକ୍ଷା ଏବଂ ଗ୍ରହଣୀୟତାକୁ ଉନ୍ନତ କରୁଛି। ଆଜି ପର୍ଯ୍ୟନ୍ତ, ୨୧ଟି ଗ୍ରାମରେ ୪୦୬ଟି ସୌର-ଚାଳିତ ଷ୍ଟ୍ରିଟ୍ ଲାଇଟ୍ ଲଗାଯାଇଛି, ଯାହା ଦ୍ୱାରା ପ୍ରାୟ ୨୨,୦୦୦ ବାସିନ୍ଦା ଉପକୃତ ହେଉଛନ୍ତି ଏବଂ ଦୈନନ୍ଦିନ ବ୍ୟବହାର ପାଇଁ ସର୍ବସାଧାରଣ ସ୍ଥାନରେ ଉତ୍ତମ ଆଲୋକ ବ୍ୟବସ୍ଥା ହୋଇପାରିଛି। ପ୍ରକଳ୍ପ ଜ୍ୟୋତି ଅଧୀନରେ ବେଦାନ୍ତ ଆଲୁମିନିୟମ କୋଇଲା ଖଣି ଜାମଖାନି, ଗିରିସିମା, ଝାରପାଲମ, ହେମଗିର, ଆର ଆଣ୍ଡ ଆର କଲୋନୀ, ବିଲେଇମୁଣ୍ଡା, ମୁଣ୍ଡେରଖେତ, ଘୋଘରପଲ୍ଲୀ, ପୋଡାଜାଲଙ୍ଗା, ରେଙ୍ଗଲପାଣି, କୁରାଲୋଇ, ବଞ୍ଜାରୀ, ବାରତାପ, ଗ୍ରିଣ୍ଡୋଲା, ପିପିଲିମାଳ, ଲିୟାଖାଇ, ଲଖନପୁର ଏବଂ ବେଲପାହାଡ଼ ପୌରପାଳିକା ମଧ୍ୟରେ ଷ୍ଟ୍ରିଟ ଲାଇଟ ଲଗାଇଛି। ନିରନ୍ତର ଆଲୋକ ବ୍ୟବସ୍ଥା ସୁନିଶ୍ଚିତ କରିବା ପାଇଁ, କମ୍ପାନୀ ଏକ…
भुवनेश्वर, ओडिशा, 25 अगस्त 2026: भारत की सबसे बड़ी एल्युमिनियम उत्पादक कंपनी वेदांता एल्युमिनियम, अपनी कोल माइंस की प्रमुख सामुदायिक पहल ‘प्रोजेक्ट ज्योति’ के ज़रिए स्वच्छ ऊर्जा का बुनियादी ढाँचा बढ़ाते हुए ओडिशा के झारसुगुड़ा और सुंदरगढ़ ज़िलों में सुरक्षा और सुगमता को बेहतर बना रही है। अब तक 21 गाँवों में सौर ऊर्जा से चलने वाली 406 स्ट्रीटलाइट लगाई जा चुकी हैं, जिनसे करीब 22,000 लोगों को लाभ मिला है और रोज़मर्रा के इस्तेमाल के लिए सार्वजनिक जगहें बेहतर तरीके से रोशन हुई हैं। ‘प्रोजेक्ट ज्योति’ के तहत वेदांता एल्युमिनियम कोल माइंस ने जामखानी, गिरिसीमा, झारपालम, हेमगिर, आरएंडआर कॉलोनी,…