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Odisha

110 posts
Infographic showing Greenply Industries Limited’s ₹125 crore plywood manufacturing expansion in Uttar Pradesh, highlighting nearly 98% capacity utilisation, improved quarterly profitability and a sharp post-results share-price decline.
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Greenply Industries announces Rs 125cr Sandila expansion as plywood capacity hits 98% utilisation and Q2 profit jumps 167%

Greenply Industries Limited has announced a ₹125 crore plywood manufacturing expansion in Uttar Pradesh after reporting a sharp improvement in quarterly profitability. With existing plywood capacity operating at nearly 98% utilisation and additional projects already under development, the investment supports its growth strategy, although a steep share-price decline following the results suggests investors are weighing the sustainability of earnings and future capital requirements.
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Supreme Court orders mandatory insurance for Indian Railways tickets from October 27

India's Supreme Court has directed Indian Railways to provide insurance coverage for counter-booked tickets from October 27, addressing a protection gap between offline and online passengers. The order follows judicial scrutiny of railway safety after the 2023 Odisha disaster. Implementation details will determine how the coverage reaches ordinary travellers.