Tata Steel to acquire BRPL at enterprise value of Rs 900 croreThe deal will be financed through the flagship’s internal cash flows, according to a statement, and help Tata Steel ramp up its new 3 mt st...
Tata Steel to acquire 100% equity in Brahmani River PelletsThe company said it had signed definitive agreement with Aryan Mining and Trading Corporation (AMTC) and other companies in the Moorgate In...
Swiber appeals Bombay High Court to stop ONGC from invoking Rs 700 crore bank guaranteeThe Indian subsidiary of Swiber Holding Ltd had furnished the bank guarantee last year after bagging a construction, maintenance and servic...
Odisha mining: Supreme Court says leases of companies will not lapse automaticallySuch leases would be deemed to be subsisting said the apex court, in cases where applications have been filed and lease deed conditions hav...
Odisha government receives Rs 800 crore from supplementary lease deedsThe mines, whose lease period had expired, got the opportunity to reopen under the provision of the new MMDR (Amendment) Act, 2015, officia...
18 mining leases extended, Odisha government tells High CourtThe affidavit was filed by an additional secretary of Steel and Mines department yesterday in response to an order passed by the HC on Marc...
SC panel rejects Odisha's claim of Rs 61,705.7 crore from minersA Supreme Court panel rejected Odisha's claim of Rs 61,705.70 crore from miners in the state, citing "serious legal lacuna in the notices i...
Supreme Court panel throw out Odisha's claim of Rs 61705.70 crore from minersDuring the decade, 2000-01 to 2010-11, 213.09 mt of iron and 2.41 mt of manganese have been mined without an environment clearance.
CEC differs with Odisha state, proposes lighter penalty for minersA Supreme-Court appointed panel has disagreed with the state's decision to reclaim a market rate of all ore mined in excess of permits.
Stemcor extends time for Indian assets sale by about a monthStemcor Holdings has extended the deadline for selling its Indian assets by about a month as it has secured time till February-end from its...
Tata, Essar, JSW Steel shortlisted to bid for Stemcor's India assetsEssel Mining and Bhushan Steel, which are also in the fray, will have to submit their final and "binding" bids by the third week of Novembe...
TCS, HCL Tech, other IT shares fall on profit-booking after record highsSoftware services exporters TCS and HCL Technologies Ltd fell, despite posting July-September earnings that beat estimates.
Yet to hear from Stemcor on our EoI: Tata SteelTata Steel is yet to receive any communication from the British parent of the iron ore producer and pellet maker.
Mines minister says Stemcor violated rules to buy mining rights; co rubbishes chargeState govt of Odisha has raised the red flag over the proposed sale of the Indian mining and steel-manufacturing operations of Stemcor Hold...
Essar Steel front-runner in race for Stemcor India's assetsRuais-promoted Essar Steel is the front-runner to clinch Stemcor India's assets for which at least a dozen domestic and overseas firms, inc...
Stemcor may auction its Indian assets: ReportWith race for buying Stemcor's $ 800-million Indian assets hotting up, the British steel company may go the auction way to choose a buyer f...