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BMM
Supreme Court upholds higher mining royalty after law changeThe Supreme Court ruled that state governments can charge higher royalties from mining companies if laws change after a tender agreement. I...- JSW Projects gets CCI nod for majority shareholding in BMM IspatBMM is in the manufacture and sale of steel products including iron ore pellets, sponge iron, TMT bars and semis.
- Steel cos see hope as Centre amends mining lease ruleThe Hyderabad-based NMDC has been struggling since November last year when its 20-year lease of Donimalai mines in Ballari district expired.
- ARCs expect around 20% return on investments in BMM Ispat sticky loansEdelweiss ARC and IndoStar Capital bought loans at about Rs 1,500 crore
- How a bad loan sale revived a company's fortuneEdelweiss ARC is expecting at least 50% returns on the investment after taking over the bad loans of BMM Ispat.
- Bengaluru laces up for the only midnight marathon of IndiaOver 100,000 runners from across the world have participated in the offbeat marathon.
- AIMIM, BMM's proposed tie-up "bogus", will help BJP: SenaThe alliance would only benefit the BJP, the Sena claimed, alleging that the move by the BBM chief, who is the grandson of late Dr B R Ambe...
- Startups look at innovative ways to help their employees bondStartups in the city are looking at innovative ways to help their employees bond. And corporate relay may just be an answer to that.
- Buy Sagar Cements Ltd. target Rs 1070: Anand RathiBuy Sagar Cements Ltd. at a price target of Rs 1070.
- MCX, Mozambique Commodities Exchange sign MoU for strategic co-operationMCX intends to work with BMM to help Mozambique realize its potential behind its resource rich economy through sharing its market and capac...
- Vedanta signs two MoUs with South African companies to improve safety and productivity of its minesThe first MoU relates to development of ground support systems that are critical for operational safety in underground mines which will be ...
- Karnataka to ban export of power by private sector power generating companies under STOA dealKarnataka will issue a notification on Monday banning private sector power generating companies from exporting power to outside entities.
- As construction picks up, South-based cement firms see demand risingHigher cash flows will help these cement companies to deleverage their balance sheets which can lead to re-rating of these stocks.
- Sagar Cements gets Board nod to acquire BMM Cement Ltd for Rs 540 croreBBM owns a million tonne per annum cement plant with a captive power unit of 25 MW capacity near Tadipatri, Anantapur district, Andhra Prad...
- Sagar Cements in talks to acquire Bangalore-based BMM Ispat unitBMM, which started output in April 2012, made a loss of Rs 51.4 crore on Rs 116.6 crore of operating income during the nine months to Decem...
- Sesa, JSW accuse each other of manupulating iron ore pricesThe war of words between steel and mining companies in Karnataka have escalated over prices of iron ore.
- BMM Ispat to set up steel plant in 3-4 yearsBMM Ispat Ltd today announced it will complete the setting up of a two MTPA fully integrated steel plant within next three-four years.
- Iron ore prices rising, Karnataka steel industry exploring optionsOre-starved iron and steel manufacturers in Karnataka have started looking at sourcing the mineral from other states like Orissa and Jharkh...
- Miners to add 20 million tons steel capacity in five yearsMerchant miners plan to add 20 million tons of steel capacity in the country within five years at an investment of about Rs 80,000 crore.
- Metso bags Rs 230 cr order from steel majorsMetso Minerals, a global supplier of equipment, services and process solutions for rock and minerals processing, on Monday said it has bagg...
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