Orissa Business and Career

Indian IT Sector is Recovering from Global Slowdown

2009-11-02T12:07:00.003+05:30

The India IT sector is slowly recovering from the global slowdown. The software export is increasing and there are signs of recovering. Indian IT sector was one of the worse affected sectors due to the global financial crisis. Nasscom has projected a mere 4-7% export growth.

The recovery from the patches of the global downturn is a good sign for the students and job aspirants. The positive side of this that there may the more job opportunities by the next year. The IT majors may go for hiring candidates and it is expected as the marker is back on track again.

This is a sign of recovering from the global downturn and major IT companies in India may go for fresh recruitment next year. There is rise in IT spending this year and it would increase more by next year. Experts also believe that the export of Indian IT companies will rise and the export of software would be on rise by next year.

Orissa Govt Announce Financial Assistance to Drought-Hit Farmers

2009-10-29T15:38:00.002+05:30

The state government on Thursday has announced financial assistance to the drought-hit farmers. In the state farmers are affected badly due to the crop damage. Even in some parts crops damaged due to less rainfall and pest attack.

The state government will provide assistance of Rs 4000 to the farmers per hectare for irrigated land and Rs 2,000 for non-irrigated land. The financial assistance by the state government would give relief to the drought-hit farmers in the state.

The year is most tough time for the farmers across the nation. And the situation of farmers in Orissa is worse due to the crop damage. Many farmers in the western Orissa staged demonstration over many issues including death of farmers and crop damage.

Considering the farmers situation, the state govt had set up on fact finding team. The state government has also received report from the fact finding team about the farmers situation and their cultivations.

Indian Institutes of Technology (IITs) and IIMs Students to Get Placement Offers?

2009-10-12T15:12:00.004+05:30

The economy has been recovering from the impact of the global recession, and it will give boost to placements in Indian Institutes of Technology (IITs). Due the global economic crisis, last year the placements were affected. Many companies stopped their fresh recruitment.

It is expected that by the end of the current academic year, many students of IITs and IIMs may get chance to attempt the placements at their concern campuses. Now companies are interested for campus selections, as the hard time of economic slowdown is about to over in next few months. By the next year, all the companies would be trying to step with the competitive world.

The global slowdown has affected all the industries and companies that caused a drastic fall in placements at IITs and IIMs. Last year the best package was less against offered in 2008, this year there are chances of good packages for the students of IITs and IIMs. It is expected that there would be lots of opportunities for the students this year and next year.

Orissa Govt. Constitutes 17 Member Task Force for Higher Education Policy

2009-10-08T19:58:00.003+05:30

The Orissa state government has formed 17 member Task Force for Higher Education police. In order to have a good approach over the Vision 20-20, Orissa state government has set up a task force. The formation of task force on higher education policy was welcomed in the state.

The task force will submit its report on the higher education policy in three months. Many task forces on education were set up the state government. It is expected that the recommendations of the task force will be taken for practical implementation.

Trilochan Pradhan, the eminent scientist and former director of Institute of Physics, will head the task force. The task force with chalk out various strategies over higher education and submit a draft to the state government.

Need for Education Policy on Distance and Online Education in India?

2009-10-07T19:44:00.008+05:30

The UPA government at the centre is giving importance for education reforms in India. Scrapping matriculation board exams is the major decision and thanks to the Minister for Human Resource Development, Mr. Kapil Sibal for his contribution. Now the question arises in mind, whether the government will eye to have a special policy over the distance education and online education in India.

The distance education is given priority in most of the countries and back in India it has less importance comparing the regular education system. However, the time has been changing in India too, the distance education for degree is now being considered as valid. Earlier, it was a difficult task for students to have validate their distance education degree.

Due to the poor infrastructure the dream of having better online education system is possible in India. According to one survey, around 10 to 13 per cent of the total population have access the Internet, whereas the number would be high in other countries.

It is also very important for a nation to have better policy on distance and online education. Institutes should come up with more and more flexible learning courses and programme for students those can't attend the regular sessions. In the states like Orissa, Bihar, Uttar Pradesh and other states need proper distance and online education facilities.

Bus Owners End Strike in Orissa

2009-10-07T19:30:00.003+05:30

The on going strike by private bus owners was called off on Wednesday, according to media reports. Bus owners were on strike from October 4th and four-days long strike by the private bus operators affected the state most.

The state government had tried hard to control the strike, even some bus owners were reportedly arrested following the strike. The spokesman of All Orissa Bus Owners’ Association - Debasis Naya intimated the media reports in the capital that the association members had agreed to end the strike. The passengers were suffered a lot due to the strike in the state, however the operation of government vehicles and three-wheeler gave some respite.

Finally, the strike against hiked toll fees on national highways, by the bus owners ended in the Orissa. However, the private bus operations intimated to cut their operations over the NH 5 and NH 5A due to hike in the toll fees along those highways.

Orissa Govt. Clears Five Industrial Projects worth Rs 2037 cr

2009-08-27T21:12:00.002+05:30

The state government has cleared five mega industrial investment projects worth Rs Rs 2037 crore. The Chief Secretary, Ajit Tripathy chaired a meeting of single window committee in the capital on Thursday. The committee has cleared the five investment proposals - Bhubaneswar Power Ltd, Dhananjay Industries, Hindalco’s Aluminium Rolling Plant, Rashmi Cement Ltd and Kaushal Ferro Manganese.

Accoriding to media reports, Hindalco’s industries to invest around Rs 850 crores to set up Aluminium Rolling plant in Hirakud. The proposed plan would generate employment opportunities to around 250 people and will have production capacity of 2.85 lakh metric tonnes.

Rashmi Cement to invest Rs 300 crore to set up plant at Haridaspur and the jobs can be provided to around 240 people. Dhananjay industries and Kaushal industries will invest around Rs.180 crores and Rs.82 crore, respectively. The industrial investments and projects in the state would generate the employment opportunities in the state.

Global Slowdown Hits Indian Job Market

2009-07-31T17:58:00.000+05:30

It is the impact of the global slowdown, many people have lost their jobs in India. The professional in need of job but the market is negative in the global economy downturn. Many sectors have suffered and resulted huge job loss in India.

According to a study conducted by the Labour Bureau, around 1.71 lakh people have lost their jobs in last three months this year. The major reason for the job loss is said the to be the lay-off by the companies. The impact of the economic slowdown is high on medium and small organizations.

The outsourcing industries in India have hit due the the slowdown and where as other sectors like textile, export have suffered huge loss. Which resulted job loss in India, due to the global slowdown many companies have adopted lay-off as the measures to cost cutting.

Orissa Matric Examination results declared

2009-06-30T09:42:00.015+05:30

The High School Certificate Examination (HSC) or matric examination results were declared on Tuesday morning in Orissa. The matric examination results are also available the websits - http://www.bseorissa.in/ and http://orissaresults.nic.in/.

In the state around three lakh students had appeared the matric examination and 2,11, 846 students have passed the matric examination. The pass percentage in the state is 63.41 per cent.

As per the result declared by the BSE, 43,399 students have secured first division, 71,942 secured second division and 96,376 students passed in third division. In the state, Dhenkanal - has the highest pass percentage of 80.12 per cent, while the Kandhamal has recorded the lowest pass percentage of 43.51 per cent.

This time the BSE has published a list top 100 students of matric examination. As per the list, Bibek Bishal Mehena (574) of Saraswati Vidyamandir (Rourkela) and Sanket Dash (574) of Saraswati Shishu Bidya Mandir, Ramaharinagar have topped in the matric examination.

Top 20 Toppers of Matric Exam 2009

1. Bibek Bishal Mehena(574)- Saraswati Vidyamandir,Rourkela-02
2. Sanket Dash(574) - Saraswati Shishu Bidya Mandir,Ramaharinagar
3. Anshuman Tripathy(573) - Saraswati Vidya Mandir,Balangir
4. Subhashree Rout (573) - Kalinga Vidyapitha, Choudwar
5. Bidyasabitru Nayak (572) - Saraswati Vidyamandir,Lunahar
6. Satwik Routray (571) - Saraswati Vidyamandir,Lunahar
7. Anjan Kumar Tripathy (570) - Saraswati Vidya Mandir,Balangir
8. Swati Priyadarshini Panda (570) - Barunei Bidyapitha,Fakirapara
9. Aishwarya Mohapatra (570) - Debaraj Bidyapitha,Bomikhal, Bhubaneswar
10.Rosaline Sahoo (569) - Saraswati Vidyamandir,Nalco Nagar
11. Pragati Priyambada (569) - Barunei Bidyapitha,Fakirapara
12. Snehasis Pattanaik (569) - Biswambhar Bidyapitha,Chitrakar
13. Arya Prakash Padhi (569) - Saraswati Vidyamandir, Nayapalli, Bhubaneswar
14. Soumya Dalabehera (568) - Gopabandhu High School,Rajgangpur
15. Bijayalaxmi Parida (568) - Saraswati Vidyamandir,Rourkela-02
16. Abhisek Dash (568) - Saraswati Vidyamandir,College Square
17. Sitam Suvam Jena (568) - Ratnakar Town High School,Baligohiri Rajnilgiri
18. Shritam Dishri (567) - Sri Aurobindo Inst.Of Int.Edu.&Resr.,Bargarh
19. Anmol Maharana (567) - Govt Girls High School, Berhampur
20. Surya Prasad Lenka (567) - Secondary Board High School, Cuttack

State Govt Approves Eight Bio Mass Power Projects

2009-06-28T18:43:00.004+05:30

The state government has approved to set up eight bio mass power projects, in eight districts, according to media reports. The eight bio mass power projects would be set up in Dhenkanal, Puri, Ganjam, Khurda, Raygada and Nawarangpur districts.

This time the summer is a tough time for the government and people of the Orissa state. The power cuts in the state is inevitable, but the cuts have impact on the industrial production. Delay in the monsoon in the state has affected the hydro power generation in the state. The cost of power supply to industries is very less comparing to other states like in Gujarat. But the interruption the supply to industries will be a great challenge for the state government to dealt with.

The government of Orissa has been considering the shortage of power at the hydro power projects as matter of concerns for the state. It is believed that with the situation may leader to further worse if there delay in arrival of torrential rain in the state.

CM directs secretaries to prepare five-year perspective plan

2009-06-13T21:23:00.002+05:30

The Cheif Minister Naveen Patnaik asked the secretaries of all the departments to prepare five-year perspective plan within 15 days in consultation with the Concerned department Minister. The state may see the five year plan model for the implementation of the government policies.

The finance minister of the state has presented the budget on Thursday and the government will give priority to the schemes like Rs 2 a kg rice scheme, Madhubabu Pension Yojana and Gopabandhu Gramin Yojana.

The CM directed the officials to extend their efforts in the grass root level, for the successful implementation of the state government policies. It is noteworthy, that the BJD sweep both municipal and assembly election and now the government plans for its work from the village level for the development.

10,035 students qualified in IIT-JEE for 2009

2009-05-25T20:06:00.005+05:30

IIT Joint Entrance Examination (JEE) results were announced on Monday, over ten thousand students have qualified for the year 2009. Nitin Jain of Delhi is the topper for 2009.

Many aspirants aim to crack the IIT-JEE top score in order get admission into 15 IITs, IT-BHU and ISM Dhanbad. In the IIT-JEE 2009, 1,048 girls have also qualified out of total 10,035 qualified students.

This year the total seats in the IITs are 8,295 and the number of last year was 6332. Two new IIT s - Mandi in Himachal Pradesh and Indore in Madhya Pradesh will start functioning this year. The counselling for admission will start from 9 June 2009. 2,831 students have qualified from alone Mumbai Zone, which is the highest result achieved by a single zone.

HC directs OPSC for fresh common OAS main examination

2009-05-22T14:50:00.002+05:30

The High Court directed the Orissa Public Service Commission (OPSC) to conduct the common main examination of Orissa Administrative Services (OAS) for all the qualifying candidates again on Thursday. The Bench comprising Justices BP Ray and BP Das asked the commission to completed entire process of with in three months.

OPSC will have to conduct re-examination of all 4,560 students as per the court directive. The OAS (Main) examination held in 2008 and around 3,730 students had appeared. There was controversy over the number of qualifiers of preliminary examination. The preliminary list was published once again with the names of 830 students added to it.

ICSE and ISC exam results will out today

2009-05-20T09:06:00.004+05:30

The examination results of 2009 CISCE and ISE will be declared on Wednesday at 10 am by the Council for the Indian School Certificate Examinations (CISCE), New Delhi. The students of class X and XII can get their result from the website of the CISCE.

The Central Board of Secondary Education (CBSE) exam results will be declared on Friday at around 11 am. CBSE results of the Class XII for Chennai, Ajmer and Panchkula regions will be announced today at 10 am. For the first time CISCE is hosting exam results on its website. Students can register and get the results.

Impact of Global Slowdown on Company Sponsoring Courses

2009-05-18T21:26:00.002+05:30

The global slowdown has impacted high on the economy and companies. It is very hard time for the companies to survives, many of companies have been approaching for the cost cut measures. It is obvious that the impact of the global slowdown be there on company sponsoring courses for its employees.

Many employees those have been pursuing courses from the various education institution on the company sponsorship funds. But the global slowdown has also impacted on their education too.

Even, some companies have been cutting various allowances and paid leaves for employees. While adopting the cost cut measures, many companies have been withdrawing their expenses from sponsoring education courses to the employees.

Admits the global financial crisis, employees need to arrange their own expenses for education. Employees will have tough time, as they need to bear the cost for educational courses their own if the company refuses to pay of it. Earlier, companies used to bear expenditure to sharpen the skills of it human resources. But the scenario has been changed, companies are more inclined toward cost cut measures as the global slowdown weighing high on them.

Orissa DHE to introduce e-admission in 60 junior colleges

2009-05-13T10:43:00.005+05:30

The Department of Higher Education will implement a pilot project for e-admission in 60 junior colleges in Orissa under Student Academic Management System (SAMS). Under the project, students can file their application for admission through online.

The Higher Education Secretary, Madhusudhan Padhi told media that under SAMS - 51 government colleges and nine aided colleges made online for the admission for 30,644 seats. This is a pilot project and would be implemented in the other colleges in phases.

In order to apply online for the admission students can get the Common Application Form (CAF) and Common Prospectus (CS) from the website 'www.dheorissa.in''. The CAF and CF will be available at college counters from June 16, students can get those by paying Rs 20 and Rs 10. Students can file their application from June 16 to June 30.

Using the CAF students can opt several streams and colleges with a cost. They need to pay Rs 50 each for first five options, Rs 75 each for next four options, Rs 100 for each four options and Rs 200 each for beyond 14 colleges and streams.

The online admission or e-admission would be easier for students to apply in various colleges and streams through only one CAF. They can track their status of their application through a token number that is provided at the time of submission.

Loop Telecom launches of operations in Orissa and TN

2009-05-11T18:59:00.002+05:30

Loop Telecom is a subsidiary of Loop Mobile (formerly BPL Mobile Communications) launched its GSM services in Orissa and Tamil Nadu. The company plans to launch the operations in other states too including Karnataka and Andhra Pradesh.

Orissa is the one of the favorite markets for the telecom companies. Recently, the Idea has launched its operations in Orissa in the month of April 2009. The usage of mobile has been raising day by day in the state. Students and middle class people have been preferring many feature services provided by telecom companies.

Considering the tough competition from the private companies the BSNL has also came up with various products for people of Orissa. In the month of March, the BSNL has also launched it much awaited 3G service.

Should NALCO go for group insuranace for mine workers?

2009-05-09T19:23:00.002+05:30

Nalco has decided to launch group insurance scheme for its workers following resent attacks by naxals, some media reports quote. The havoc of the naxal attack has been affecting the production at the mines.

The safety of the workers is the prime object for the companies. As the insurance of the workers may helpful to motivate the workers to join the work. But the menace of the naxal attack will be there.

The safe measures should have given priority for the workers particularly working in the second shift or till night. Management may plan many measures to bring back the workers to the producing unit. Labour welfare measures may be taken by management in order to protect the interest of the workers in Orissa.

Orissa to get Rs 140 crore under Integrated Coastal Zone Management project

2009-05-08T19:10:00.003+05:30

The Orissa will get a fund of Rs 140 crore from the World Bank under the Integrated Coastal Zone Management (ICZM) project. The fund would be utilized to monitor and check any terrorists infiltrations thought coastal belt.

The World Bank has planned to fund Rs 140 crore for the implementation of ICZM project across 482 km of coastal area. Alongwith Orissa the other states - West Bengal and Gujarat are also the beneficiaries under this project. The Chilika Development Authority has been the nodal agency for preparing ICZM and the work will begin after getting complete approval from the World Bank.

The project will help the state to strengthen its security and can also monitor the climate change in the state. The people of the coastal areas of these state would be more relax to have this project. The climate change can also be monitored so that the damage would be less in future.

Orissa HC serves notice to DAV School Regional Director

2009-05-07T14:08:00.007+05:30

Orissa High Court on Wednesday issued notice to Himanshu Mohanty, the Regional Director of DAV Public Schools over the fees hike. The single judge bench of Justice MM Das has directed Mohanty to appear in person on May 13, according to media reports.

Mohanty has reportedly issue a noticed to parents over fees payment. It is noteworthy that the schools authorities have issued notice over the fees hike despite the matter is sub judice. Considering this act as contempt, the High Court issued contempt notice to Mohanty for issuing notice over the fees hike. In the state, parents have express their resentment over the fees hike by school authorities. The hike in the fees by the DAV School was challenged by parents at High Court.

On March 27, the state government has allowed the private schools to increase the fee structure provisionally up by 25 per. But would be applicable to the private schools are paying 5th Pay Commission scales and were to implement the 6th Pay Commission award to their staff. Later, the Orissa High Court issued a stay on the Government notification allowing private English medium institutions to hike their tuition and development fees from the 2009-10 academic session.

Bhushan Energy acquires 0.39 percent equity of Orissa Sponge

2009-05-07T13:43:00.005+05:30

Bhushan Energy run by the founders of Bhushan Steel, has bought shares of Orissa Sponge Iron and Steel through an open market transaction. Orissa Sponge Iron and Steel has informed media that the Bhushan steel has acquired 0.39 of equity (1,03,996 shares) at a price of Rs 332.7 a piece.

Following the deal, there was a rise in the value of shares of Orissa Sponge in the stock market on Wednesday. The Acquisition by Bhusan Energy was carried out under the provisions of Regulation 20 (7) of the Takeover Regulations. The acquisition has been anticipated for long time in the market. However, the deal has gave some shine to the equities of the Orissa Sponge on Wednesday.

BPUT postpones Semester Exams indefinitely

2009-05-02T13:18:00.006+05:30

The Biju Patnaik University of Technology (BPUT) has postponed all the exams till further notice. The reason for the postponement of the exams is not clear year. The Sixth Semester exams were scheduled to begin on Saturday, May 2nd. The Second Semester and Fourth Semester exams were to begin on May 6 and May 4 respectively.

BPUT has postponed all the exams till further notice. It was reported that BPUT students of 1st and 2nd year have been demanding to remove the Not Fit for Technical education (NFT) regulation. BPUT had issued a notice over the NFT on April 25.

According to notice issued by BPUT "Any student getting lower than 4.5 SGPA (Semester Grade Point Average) in 3 consecutive (1st, 2nd and 3rd) semesters is declared ‘Not Fit for Technical education’ (NFT) and has to quit BPUT at the second year".

Swine Flu outbreak, are you affected?

2009-04-30T14:45:00.005+05:30

Swine Flu outbreaks, and caused many deaths in various places. Swine flu outbreak is an epidemic that began in April 2009 with a new strain of influenza virus. Many countries have been taking protective measures and its just war like situation for many countries. The deadly virus is reported of spreading fast.

World Health Organization warned that the swine flu was threatening to bloom into a pandemic, according to media reports. Everyone need to be careful about the flu and medical experts have been on their approach to find any amicable solution or drug that to stop the flu or its impact on human body.

In the world, such situation made us more alert and many people are interested in getting the hourly update over the flu. The threat of being infected hunts us every time we talk about the virus. Now you can get updates on the Swine Flu on you mobile. There is a news service, which updates about the Swine flu through SMS. You need to send text PIGFLU to 41411 and you will get details about the Swine flu. The service is being provided in public interest.

IIM CAT exam will be held online from this year

2009-04-28T20:34:00.002+05:30

The Indian Institutes of Management (IIMs) are India's premier management have been conducting the Common Admission Test (CAT) every year for admission into various courses. The CAT exam score is very useful for the students to get into major professional institutes including IIMs.

The precess of 33 year old custom of conducting the paper based exam will come to an end from this year. The CAT 2009 exam to be held in the month of November. Education Testing Society (ETS) has experience of conducting TOFEL online exams. ETS got the task to conduct the CAT exams in 2009 online.

Utkal University of Orissa signs deal with CIPET

2009-04-23T20:22:00.003+05:30

Utkal University has signed memorandum of understanding with Central Institute of Plastics Engineering and Technology (CIPET) to start an innovative research station on polymer on its campus.

The MoU between the university and CIPET would help students in faculty exchange, joint tie-ups in inter-research programmes and collaborative funding, development of high-performance polymer blends, composites, polymeric nanocomposites, blends and alloys.

With the help of the institute, the university will help students in various courses. The MoU will help students in getting better education and research in various faculties. The capital of Orissa has become one of the famous education destinations in India.