Orissa Minerals Development Company
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Orissa Minerals Development Company
The Orissa Minerals Development Company Limited (OMDC), (also known as Orissa Minerals), is a Public Sector Undertaking company in the Indian states of Odisha under administrative control of Department of Steel and Mines, Government of Odisha. It was founded on August 16, 1918 and is engaged in the mining and production of iron ore and manganese ore. It is a subsidiary of state-owned Rashtriya Ispat Nigam Limited. It is listed at Calcutta Stock Exchange (CSE), National Stock Exchange of India (NSE) and Bombay Stock Exchange (BSE). History OMDC was incorporated on August 16, 1918. In 1980, the company was nationalized by Government of India through the Bird & Company Limited. It became a Public Sector Undertaking in March 2010. According to Indian Bureau of Mines approval, it had an annual production capacity of 2.20 million tons of Iron Ore and 0.1 million tons of Manganese ore. As of March 2016, the net worth of Orissa Minerals Development Company Limited is . It ranks ...
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Public Sector Undertaking
A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs are government entities established to pursue financial objectives and develo ...
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Ministry Of Heavy Industries And Public Enterprises
The Ministry of Heavy Industries is an executive agency of the Government of India. The Ministry entails for promoting the engineering industry viz. machine tools, heavy electrical, industrial machinery, and auto industry and administration of 29 operating CPSEs and 4 autonomous organizations. As of July 2021, the Honourable Minister is Mahendra Nath Pandey, and the Honourable Minister of State is Krishan Pal Gurjar. History The Ministry of Heavy Industries is previously Ministry of Heavy Industries and Public Enterprise. On 7 July 2021 the Ministry has been renamed as Ministry of Heavy Industries. The Department of Public Enterprises has become a part of Ministry of Finance. Structure Autonomous Bodies There are four autonomous bodies under the ownership of ''Ministry of Heavy Industries''. 1. Fluid Control Research Institute (FCRI) 2. The Automotive Research Association of India (ARAI),ARAI Forging Industry Division (ARAI-FID) 3. International Centre for Automotive T ...
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Mining Companies Of India
Mining is the extraction of valuable minerals or other geological materials from the Earth, usually from an ore body, lode, vein, seam, reef, or placer deposit. The exploitation of these deposits for raw material is based on the economic viability of investing in the equipment, labor, and energy required to extract, refine and transport the materials found at the mine to manufacturers who can use the material. Ores recovered by mining include metals, coal, oil shale, gemstones, limestone, chalk, dimension stone, rock salt, potash, gravel, and clay. Mining is required to obtain most materials that cannot be grown through agricultural processes, or feasibly created artificially in a laboratory or factory. Mining in a wider sense includes extraction of any non-renewable resource such as petroleum, natural gas, or even water. Modern mining processes involve prospecting for ore bodies, analysis of the profit potential of a proposed mine, extraction of the desired materials ...
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Companies Based In Odisha
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Indian Companies Established In 1918
Indian or Indians may refer to: Peoples South Asia * Indian people, people of Indian nationality, or people who have an Indian ancestor ** Non-resident Indian, a citizen of India who has temporarily emigrated to another country * South Asian ethnic groups, referring to people of the Indian subcontinent, as well as the greater South Asia region prior to the 1947 partition of India * Anglo-Indians, people with mixed Indian and British ancestry, or people of British descent born or living in the Indian subcontinent * East Indians, a Christian community in India Europe * British Indians, British people of Indian origin The Americas * Indo-Canadians, Canadian people of Indian origin * Indian Americans, American people of Indian origin * Indigenous peoples of the Americas, the pre-Columbian inhabitants of the Americas and their descendants ** Plains Indians, the common name for the Native Americans who lived on the Great Plains of North America ** Native Americans in the Uni ...
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Government-owned Companies Of India
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a state-owne ...
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List Of Public Sector Undertakings In India
The list details all government of India The Government of India (ISO: ; often abbreviated as GoI), known as the Union Government or Central Government but often simply as the Centre, is the national government of the Republic of India, a federal democracy located in South Asia, c ...-owned public sector undertakings in India. Public sector companies Central public sector enterprises (CPSEs) are those companies in which the direct holding of the Central Government or other CPSEs is 51% or more. As on 31.3.2015 there were 298 CPSEs wherein, 63 enterprises are yet to commence commercial operation. The remaining 235 are operating enterprises (covering 181 scheduled CPSEs & 54 CPSEs has been considered provisional). There are 181 scheduled CPSEs, i.e. 64 Schedule 'A', 68 Schedule 'B', 45 Schedule 'C' and 4 Schedule 'D' CPSEs. Privatised/Acquired/Merged Public Sector Companies Liquidated public sector companies References {{DEFAULTSORT:Public sector undert ...
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The Economic Times
''The Economic Times'' is an Indian English-language business-focused daily newspaper. It is owned by The Times Group. ''The Economic Times'' began publication in 1961. As of 2012, it is the world's second-most widely read English-language business newspaper, after ''The Wall Street Journal'', with a readership of over 800,000. It is published simultaneously from 14 cities: Mumbai, Bangalore, Delhi, Chennai, Kolkata, Lucknow, Hyderabad, Jaipur, Ahmedabad, Nagpur, Chandigarh, Pune, Indore, and Bhopal. Its main content is based on the Indian economy, international finance, share prices, prices of commodities as well as other matters related to finance. This newspaper is published by Bennett, Coleman & Co. Ltd. The founding editor of the paper when it was launched in 1961 was P. S. Hariharan. The current editor of ''The Economic Times'' is Bodhisattva Ganguli. ''The Economic Times'' is sold in all major cities in India. Other ventures In June 2009, The Economic Times launched a ...
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DNA India
''Zee Media Corporation Limited'' (abbreviated as ZMCL; formerly Zee News Limited) is the news broadcasting company of the Essel Group which is controlled by Subhash Chandra. The company is engaged mainly in the business of broadcasting of news and current affairs, and regional entertainment uplinked from India via satellite television channels. The network has been involved in several controversies and has broadcast fabricated news stories on multiple occasions.List of sources: * * * * * * * * History Zee Media Corporation Limited (formerly Zee News Ltd.) was founded by Essel Group and it was incorporated on 27 August 1999, as Zee Sports Ltd. It was a subsidiary of the Zee Telefilms Ltd (later renamed to Zee Entertainment Enterprises). The company was reincorporated on 27 May 2004, as Zee News Ltd. It was demerged as a separate company of the Essel Group in 2006. In 2013, Zee News Ltd changed its name to Zee Media Corporation Limited. It was involved in a joint v ...
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Kendujhar
Kendujhar is a town with municipality in Kendujhar District in the Indian state of Odisha. It is the administrative headquarters of the Kendujhar district, and it is one of the fifth scheduled areas of Odisha. Climate Politics Mohan charan Majhi of BJP is the current MLA from Keonjhar assembly constituency. Mohan Charan Majhi won assembly elections in both 2004 and 2000. Earlier MLAs from this seat were Jogendra Naik of BJP (1995), C. Majhi of JD (1990), Chhotaray Majhi of JNP (1985), Jogendra Naik of INC(I) in 1980 and Kumar Majhi of JNP (1977). Present MP from Keonjhar (Lok Sabha constituency) is Chandrani Murmu Chandrani Murmu (born 16 June 1993) is an Indian politician. She was elected to the Lok Sabha, lower house of the Parliament of India from Keonjhar, Odisha in the 2019 Indian general election as a member of the Biju Janata Dal. Chandrani Murmu ... of BJD. Gallery Some images of keonjhar. File:KEONJHAR town as seen from above..jpg, keonjhar seen from a ...
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Barbil
Barbil is a city and a Municipal Council in the Kendujhar district (also known as Iron City) of the state of Odisha, India Odisha (English: , ), formerly Orissa ( the official name until 2011), is an Indian state located in Eastern India. It is the 8th largest state by area, and the 11th largest by population. The state has the third largest population of .... The region around Barbil has one of the largest deposits of iron ore and manganese ore in the world. It is a major source of revenue generation for both the Central and the State Governments. According to sources, 45% to 48% ST and SCs are living here.It is a fifth scheduled area under the constitution of india. Geography Barbil is located at . It has an average elevation of . Barbil is fully surrounded by hills. Climate Demographics According to the 2011 India census, Barbil had a population of 66,540. Males constitute 53% of the population and females 47%. Barbil has an average literacy rate of 72.18 ...
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