Monthly Archives: February 2016

Milk Mantra eyes Rs 1,000 cr turnover in 5 yrs

Agri-startup Milk Mantra is eying Rs 1,000 crore turnover in five years as it look to strengthen position in the eastern parts by expanding milk shake brands across the country. Fidelity Growth Partners backed startup is also planning to raise $25 million from VC funding to finance growth plans. “As of now we are eastern

MCL supports 61 more Sambalpur farmers under CSR programme

Mahanadi Coalfields (MCL) has extended a helping hand towards 61 under-privileged farmers in Odisha’s Sambalpur, raising the total number of peasants sponsored by it to 378 in the district, to enable them water their crop timely and reap a good harvest. MCL, a leading coal mining CPSU and a subsidiary of Coal India Ltd, has

Sambalpur civic body to enforce trade licence rule

The Sambalpur Municipal Corporation (SMC) has decided to strictly enforce the trade licence rule in the corporation area. A trade licence is mandatory to operate business in the corporation area. However, very few traders have obtained it in Sambalpur. To get the licence, a business establishment will have to cough up 1,000 a year to

AAI asks Air Odisha to ground Jharsuguda flights

The Airports Authority of India (AAI) on Monday directed Air Odisha to stop flying to Jharsuguda, the industrial hub of the state, barely a week after it had started operating on the route. AAI sources said since a construction of a new airport is underway, the runway is being renovated. For the next year, Air