Land allocation delay hits IT, ITeS and semicon projects
The New Indian Express Bhubaneswar|December 25, 2024
THE ambitious plan to position Bhubaneswar as an IT and electronics manufacturing hub has hit a roadblock due to delay in allotment of land and a shift in focus from the core objectives of the Infovalley project.
HEMANT KUMAR ROUT @Bhubaneswar

The Infovalley project, conceived in the early 2000s, was designed to offer state-of-the-art infrastructure for IT, IT-enabled services (ITeS), IT delivery centres, and electronics system design and manufacturing (ESDM) industries.

Located on the outskirts of the capital, it was designed to complement the success of Infocity project which brought IT majors like Infosys, TCS, Wipro, and L&T Mindtree to the city.

However, delay in allotting land to upcoming IT, ITeS and semiconductor companies have raised concerns in the industry and investors circles about Odisha's commitment to its original vision.

هذه القصة مأخوذة من طبعة December 25, 2024 من The New Indian Express Bhubaneswar.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة December 25, 2024 من The New Indian Express Bhubaneswar.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من THE NEW INDIAN EXPRESS BHUBANESWAR مشاهدة الكل
The New Indian Express Bhubaneswar

Wrestling continues to grapple for survival

ARLIER this month, a Greco-Roman wrestler from Railway Sports Promotion Board (RSPB), who was representing Rajasthan in the senior national championships in Bengaluru, got a few calls after he won the first bout.

time-read
2 mins  |
December 27, 2024
The New Indian Express Bhubaneswar

Shahrukh, Mohamed help TN down UP

SHAHRUKH Khan's 85-ball 132 not out and Mohamed Ali's 76 not out (75 balls, eight fours, one six) powered Tamil Nadu to a massive 114-run win over Uttar Pradesh at Visakhapatnam in a Group D match of the Vijay Hazare Trophy.

time-read
1 min  |
December 27, 2024
The New Indian Express Bhubaneswar

Teen Konstas takes bowlers to cleaners on his Test debut

JASPRIT Bumrah had just welcomed Sam Konstas to Test cricket. The youngster, all of 19, walked in as the youngest ever Test opener to have played for Australia.

time-read
4 mins  |
December 27, 2024
The New Indian Express Bhubaneswar

Top Gun 4: Oz batters foil India's plans

In front of record number of fans at MCG on Day 1, Australia top-four help

time-read
3 mins  |
December 27, 2024
The New Indian Express Bhubaneswar

City pay penalty, Chelsea stunned

ERLING HAALAND had a second-half penalty saved as crisis-torn Manchester City failed to end their dismal run with a 1-1 draw against Everton, while title contenders Chelsea suffered a first home defeat against Fulham since 1979.

time-read
1 min  |
December 27, 2024
The New Indian Express Bhubaneswar

HC bars websites from copying RummyCircle

THE Delhi High Court has passed an order of interim injunction restraining defendants-impugned websites from using the RummyCircle trademark or any other similar trademark in their domain name and social media posts.

time-read
1 min  |
December 27, 2024
The New Indian Express Bhubaneswar

Govt could reduce income tax rates in budget

AMID outcry over the growing tax burden on the middle class, the government might reduce income tax rates for individuals earning up to ₹15 lakh a year, according to a report by Reuters.

time-read
1 min  |
December 27, 2024
The New Indian Express Bhubaneswar

Quick commerce growth in 2024: From gold, groceries to gadget delivery in 10 min

THE quick commerce sector in 2024 not only witnessed significant venture funding and growth, but also saw the entry of major players and extraordinary growth in terms of users.

time-read
1 min  |
December 27, 2024
The New Indian Express Bhubaneswar

Bank balance sheets robust as NPAs fall

RBI report says focus on cleaning up books has led to bad loan ratios dropping to 13-year lows

time-read
2 mins  |
December 27, 2024
The New Indian Express Bhubaneswar

Indian Companies May Raise ₹2 Lakh Cr From Market Via Public Issues In 2025

DESPITE a sharp correction in the equity market in recent months, the initial public offering (IPO) market has remained robust.

time-read
1 min  |
December 27, 2024