Huntsman announces $1.7 billion legal settlement, ending dispute with banks over buyoutJune 23rd, 2009 Huntsman announces legal settlement with banksTHE WOODLANDS, Texas — Chemicals maker Huntsman Corp. says it has reached a $1.7 billion settlement with two banks over its accusation they schemed to scuttle a $6.5 billion buyout of the chemicals maker last year.
Vedanta committed to completing Orissa projects: AgarwalJune 6th, 2009 BHUBANESWAR - Britain-based Vedanta Resources, which has invested over Rs.25,000 crore (Rs.250 billion) in different projects in Orissa, was committed to completing all planned projects in the state, its chairman Anil Agarwal said here Saturday. "We have taken a decision for Orissa.
Naveen Patnaik among early voters in OrissaApril 23rd, 2009 BHUBANESWAR - Orissa Chief Minister Naveen Patnaik was among the voters who exercised their franchise Thursday soon after polling began for the second and final phase of Lok Sabha and assembly elections, official said. 'Patnaik walked down from his house here, Naveen Nivas, to the polling booth about 100 metres away at about 7 a.m.,' police inspector P.K.
NCP tie-up with Left, BJD is Orissa-specific, says PawarApril 8th, 2009 BHUBANESWAR - The Nationalist Congress Party alliance with the Left parties and the Biju Janata Dal (BJD) in Orissa is 'only Orissa-specific', NCP chief Sharad Pawar said here Wednesday. 'Our arrangement is only Orissa-specific,' Pawar told a press conference, addressed jointly with Communist Party of India-Marxist (CPI-M) politburo member Sitaram Yechury and BJD chief Naveen Patnaik.
Maoists loot Rs.9.9 mn in OrissaApril 4th, 2009 BHUBANESWAR - Armed Maoists looted Rs.9.9 million in cash from the security van of a bank in Orissa's Malkangiri district Saturday, police said. 'Around 15 rebels stopped the vehicle of State Bank of India by putting boulders on the road, beat up two security personnel who were in the vehicle and looted the cash,' district police chief Satyabrata Bhoi told IANS on telephone.
Patnaik files poll papers in OrissaMarch 28th, 2009 BHUBANESWAR - Biju Janata Dal (BJD) chief and Orissa Chief Minister Naveen Patnaik Saturday filed his nomination papers from the Hinjili assembly constituency in Orissa. Patnaik, elected from the constituency in 2000 and 2004, filed his papers at Chhatrapur town, some 160 km from here, in the presence of several BJD leaders.
Mild earthquake rocks Orissa, JharkhandMarch 26th, 2009 BHUBANESWAR - An earthquake measuring 3.8 on the Richter scale Thursday rocked parts of Orissa and Jharkhand, the meteorological office here said. The earthquake occurred at 10.14 a.m., S.C.
CPM announces 16 candidates for Kerala, Karnataka, LakshadweepMarch 22nd, 2009 NEW DELHI - The Communist Party of India- Marxist (CPM) on Saturday released its second list of 16 candidates for Kerala, Karnataka and Lakshadweep for general elections. The party will field 14 candidates in Kerala while one candidate each in Karnataka and Lakshadweep.
Chidambaram assures adequate security to Orissa during pollsMarch 20th, 2009 BHUBANESWAR - Union Home Minister P. Chidambaram today assured Orissa Government to provide adequate security for the smooth conduct of polls in the State.
BJP announces four more candidates for Lok Sabha pollsMarch 15th, 2009 NEW DELHI - The Bharatiya Janata Party (BJP) on Saturday released the names of four more candidates from Uttar Pradesh for the Lok Sabha elections. On Friday, the BJP announced candidates for 46 more Lok Sabha seats from the states of Kerala, Orissa, Andhra Pradesh, West Bengal, Punjab and Sikkim.
Farmer denied bank loan, commits suicide in OrissaMarch 1st, 2009 BHUBANESWAR - A 35-year-old farmer committed suicide in Orissa after a bank allegedly denied him a crop loan, a newspaper report said here Saturday. Niranjan Das, a resident of Baladuan village in the coastal district of Keonjhar, was anxious over the past few days after a local bank refused to give him a crop loan of Rs.25,000, Oriya daily Sambad reported.
Orissa to swap power to meet shortfallFebruary 25th, 2009 BHUBANESWAR - Power trader PTC India will swap power with Orissa to help it overcome the power shortage it is facing currently, an official said Wednesday. PTC - formerly Power Trading Corp of India - will supply about 150 MW daily to Grid Corp of Orissa (Gridco), the bulk supplier of electricity in the state.
Orissa seeks Rs.15 bn to tackle slowdownFebruary 17th, 2009 BHUBANESWAR - The Orissa government has sought Rs.15 billion (Rs.1,500 crore) from the central government to tackle the economic slowdown, the government said Wednesday. Orissa Finance Minister Prafulla Ghadei placed the demand with Planning Commission Deputy Chairman Montek Singh Ahluwalia in the national capital Tuesday.
Lalu announces damages for Coromandel Express crash victimsFebruary 15th, 2009 NEW DELHI - Railways Minister Lalu Prasad Monday announced an ex-gratia payment of Rs.500,000 to the next of kin of those killed in the Orissa train derailment and employment to one of their dependents. 'I have ordered payment of ex-gratia of Rs.500,000 to the next of kin of each deceased, Rs.50,000 to grievously injured and Rs.10,000 to simple injured...
Orissa neglected in interim railway budget: PatnaikFebruary 12th, 2009 BHUBANESWAR - Orissa has been neglected in interim railway budget presented by Railways Minister Lalu Prasad in Parliament Friday, Orissa Chief Minister Naveen Patnaik said here. 'I am disappointed as Orissa has been neglected,' Patnaik told reporters here, adding that only one new express train was proposed to be introduced in the state in 2009-2010.
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