Hatsun Agro Product Ltd (HAP), a leading dairy company headquartered in Chennai, has acquired Odisha-based Milk Mantra Dairy and its well-known ‘Milky Moo’ brand for ₹233 crore, marking its expansion into the Eastern Indian dairy market. In a statement, HAP emphasized that the strategic acquisition would enhance its market footprint, providing a wider distribution and…
Odisha’s Utkarsh Odisha – Make in Odisha Conclave 2025 is witnessing a surge in investment commitments, with 54 Memorandums of Understanding (MoUs) already signed and more expected in the coming hours. Industries Secretary Hemant Sharma announced on Tuesday that the count could go up to 80 as more companies confirm their investment plans. “While 54…
Prime Minister Narendra Modi inaugurated the highly anticipated Utkarsh Odisha – Make in Odisha Conclave 2025 and the accompanying Make in Odisha Exhibition today in Bhubaneswar, Odisha. In his keynote address, the Prime Minister highlighted the state’s burgeoning potential as an industrial and cultural hub, emphasizing its critical role in the nation’s progress. A Milestone…
DeepSeek, a Chinese artificial intelligence (AI) startup, has recently garnered significant attention for its groundbreaking advancements in AI technology. The company’s latest AI model, R1, has demonstrated performance comparable to leading models like OpenAI’s ChatGPT, but with a fraction of the development cost. This achievement has sent ripples through the tech industry and financial markets….
Dr. Digendranath Swain, a distinguished Odia scientist from the Vikram Sarabhai Space Centre (VSSC), ISRO, Thiruvananthapuram, has been awarded the prestigious Vigyan Yuva-Shanti Swarup Bhatnagar Award. The award was presented by President Droupadi Murmu during the Rashtriya Vigyan Puraskar-2024 ceremony held at Gantantra Mandap, Rashtrapati Bhavan, on Thursday. Dr. Swain, an expert in experimental…
A significant discovery of gold deposits has been made in Odisha’s Deogarh district, as announced by Steel and Mines Minister Bibhuti Bhushan Jena. The discovery was made during a G2 level geological inspection conducted by the Geological Survey of India (GSI), which initially aimed to explore copper ore in the Adasa-Ramapalli area. The exploration has…
In a significant relief for angel investors and a boost to early-stage investments in startups, the government has decided to abolish the controversial angel tax. This tax, levied on funding raised by startups and unlisted companies if their valuation exceeds the company’s fair market value, has been a longstanding demand of industry associations and investment…
Finance Minister Nirmala Sitharaman today presented the Union Budget 2024-25, making history with her seventh consecutive Budget speech. She becomes the first finance minister to achieve this milestone, surpassing the previous record held by former Prime Minister Morarji Desai, who presented six consecutive budgets from 1959 to 1964. Major Announcements: Tax Reforms: Sitharaman announced increased…
The recent decision by the newly-formed BJP government in Odisha to rename the Biju Patnaik Sports Award to the Odisha Rajya Krida Samman has sparked considerable debate. Instituted in 2001-2002, the Biju Patnaik Sports Award honored the legacy of the former Chief Minister Biju Patnaik, who made significant contributions to the state’s overall growth and…
Tourism and travel stakeholders in Odisha have called for a comprehensive revision of the Odisha Tourism Policy, which was introduced by the previous BJD government in 2022. They claim that the current policy has failed to develop tourism or attract foreign visitors to the state. In the 2022-23 period, Odisha ranked last among Indian states…
