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Tata Steel Odisha ferrochrome unit to begin operations by March 2015

India Infoline News Service  | Mumbai September 15, 2014 08:56 IST

Spanning over 2970 acres of land the industrial park includes a multi-product SEZ over 2570 acres and an anchor project by Tata Steel over 400 acres.

Metals & Mining Newsletter - September 08 to 12, 2014

India Infoline News Service  | Mumbai September 12, 2014 14:37 IST

Gold prices remained under pressure during the entire course of August, with prices eventually breaching the psychological support of US$1,280/oz. Galvanizing dollar weighed on the entire precious pack.

Sunflag Iron gains over 1% on preferential issue news

India Infoline News Service  | Mumbai September 11, 2014 12:05 IST

The company board in a meeting on Thursday decided to allot 1.80 crore shares to Daido Steel Co Ltd of Japan, on preferential basis

Govt clears Coal India share sale

India Infoline News Service  | Mumbai September 11, 2014 08:37 IST

The decision to disinvest would help the Government to realize an optimum price for the offer for sale of 10 percent of the Governments shareholding in the company.

SAIL stake sale this month; stock down 2.34%

India Infoline News Service  | Mumbai September 10, 2014 14:51 IST

SAIL also plans to raise up to Rs5,000 crore debt this fiscal by issuing secured non-convertible debentures or bonds in tranches to part-fund its capital expenditure

Bhushan Steel surges ~5% on news to raise Rs. 800 crore

India Infoline News Service  | Mumbai September 10, 2014 10:34 IST

The company posted a net loss of Rs. 1,416.30 million for the June 2014 quarter as compared to net profit of Rs. 762.60 million for the same quarter last year

Gold: Bulls dying a slow death

India Infoline News Service  | Mumbai September 09, 2014 18:01 IST

On global economics, we have witnessed some disproportion in the growth trajectory. US economy has garnered healthy momentum during the second quarter of this year, recovering from the sharp contraction during the prior quarter

Platts China Steel Sentiment Index shows weak demand, Price outlook

India Infoline News Service  | Mumbai September 09, 2014 17:28 IST

China's steel sector expects construction steel prices to fall over September on the back of the slowdown in Chinas property sector, the index survey showed.

Coal scam: SC issues notice to CBI director

India Infoline News Service  | Mumbai September 09, 2014 15:43 IST

Ranjit Sinha has been granted 10 days time to file his response to the allegations. The court posted the case for further hearing on September 19

Hunt for appointment of Coal India CMD on: Govt

India Infoline News Service  | Mumbai September 09, 2014 14:29 IST

The post of Coal India CMD has been lying vacant after after Narsing Rao resigned in May

Coal case: SC sends notice to CBI Director to respond to allegations

India Infoline News Service  | Mumbai September 09, 2014 11:29 IST

The Supreme Court has sent a notice to the CBI director Ranjit Sinha to respond to the advocate Prashant Bhushan's allegation

Power situation to worsen if all coal blocks since 1993 are cancelled: ASSOCHAM

India Infoline News Service  | Mumbai September 09, 2014 08:38 IST

ASSOCHAM said that Govt of India does not have any objection to the coal blocks being de-allocated appears to have lost sight of the ground situation.

PM Tony Abbotts support for increased Australian coal supplies to India to tide over power crisis: ASSOCHAM

India Infoline News Service  | Mumbai September 06, 2014 10:15 IST

India coal's imports increased by 17.9 per cent to 171 million tonnes from 145 million tonnes in 2012-13 according to the report.

JSW Steel Aug crude steel output rises 13% in August

India Infoline News Service  | Mumbai September 05, 2014 16:29 IST

JSW Steel Ltd said that its Crude Steel production rose 13% to 11.16 lakh tonne in August 2014 from last year's 9.85 lakh tonne.

IAA announce Mentorship program on Teachers Day

India Infoline News Service  | Mumbai September 05, 2014 15:01 IST

HBO South Asia is the Presenting Partner and Mahindra Special Services Group and NASSCOM are the knowledge partners of the IAA Young Turks Forum.

Metals & Mining Newsletter - September 01 to 05, 2014

India Infoline News Service  | Mumbai September 05, 2014 14:44 IST

Coal India Ltd said its worker unions would go on a three-day "work to rule" strike from 18th September to 20 September demanding the return of coal blocks allocated by the government to private firms

ExxonMobil showcases its Lubricant Portfolio at MMMM-2014

India Infoline News Service  | Mumbai September 05, 2014 10:57 IST

ExxonMobil celebrates 100th anniversary of its Equipment Builder Group and showcases their lubricant portfolio at Minerals, Metals, Metallurgy & Materials international exhibition and conference

Govt asks PSUs to give JV details of mines

India Infoline News Service  | Mumbai September 05, 2014 10:25 IST

The government has sought affidavit from allotees of 61 coal and lignite mines like JSPL and Hindalco about the status of mines

Adani Group heralds Australian Government's decision to repeal MRRT

India Infoline News Service  | Mumbai September 05, 2014 09:46 IST

As per the MRRT, the companies had to pay the tax when their annual profits reach $75 million

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