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BASANT PODDAR
Mining firm to breathe life into Varthur LakeThe CSR for Varthur lake will be coming when several other companies, including foreign ones, have reportedly offered to rejuvenate the Bel...- Mukhtar Abbas Naqvi , Mahesh Poddar win Rajya Sabha seats in JharkhandWhile Naqvi got first preference vote of 2900, the surplus 264 votes went to Poddar making his count 2664 and pushing JMM's Basant Soren to...
- BJP using money, muscle power in Jharkhand Rajya Sabha polls: CongressIn Jharkhand, a keen contest is possible where a united opposition can upset the ruling BJP's calculations. But its first candidate Mukhtar...
- Supreme Court ruling on deemed mining extension to hit output: ReportThe SC ruling on deemed extension of iron ore mines is likely to impact iron ore output as many mines are currently operating under deemed ...
- FIMI against export duty on pellet, to present its case soonFimi will soon give a representation to Ministry of Mines against any imposition of export duty on the commodity.
- Goa ore sale through e-auction likely to be exported: MinersGoa miners are of the view that most of the ore coming for auction is likely to be exported as low grade issue will restrain its domestic u...
- Iron ore prices may inch up on supply woes, global cuesAn Angel Broking report said global iron ore prices have increased since June, and are currently in the range of $130-140 per tonne.
- Experts warn of more trouble in mining; call for urgent stepsExperts have warned that the mining and quarrying segment is likely to suffer further after a contraction by 2.8 % in the first quarter.
- Iron ore output may fall below 100 MT, prices seen subduedThe country had produced 115 MT iron ore last fiscal, while exports stood at around 15 MT, which in the peak days of FY08 were close to 120...
- CEC says no to export of iron ore pellets from KarnatakaThe Supreme Court-appointed Central Empowered Committee here today ruled out any possibility of allowing export of iron ore pellets from Ka...
- 'Karnataka mines will take at least 2 yrs to be operational'Iron ore mining in Karnataka will take a minimum of two years to become fully operational after the Supreme Court verdict allowed resumptio...
- Iron ore exports likely to be in single digits in FY14 : FIMIThe country is likely to import around 20 million tonnes of the commodity in the current financial year due to insufficient availability.
- Steel industry may see rise in operational cost: Federation of Indian Mineral IndustriesThe steel industry may see further rise in its operational cost, along with the already high financing cost in the near future.
- India likely to import 15 mn tonnes iron ore this fiscal: FimiAs per industry experts, the country has imported around 9 MT iron ore during the April-October per
- Iron ore output to fall to 130-140 million tonne this fiscal: FIMIAmidst continuing fall in iron ore exports, the industry is now staring at steep fall in production, which is likely to slip to 130-140 MT ...
- Union Budget 2012: Miners seek export levy, rail freight rationalisationIron ore industry hopes to get some respite in the form of duty rationalisation in exports along with freight charges in Budget.
- Companies under K K Birla brandname to shed legendary tagThree years after the death of Krishna Kumar Birla, most of the companies under the K K Birla Group will shed the legendary tag.
- Not many takers for Birla HQ in KolkataThere is lot of empty space left in the 15th floor of the Birla Building, once considered as the global headquarters of the Birla empire, b...
- Karnataka ore exporters may miss China bizThe non-issuance of export permits comes at a time when exporters from the Bellary-Hospet region have been flooded with orders from China.
- Freight costs scar iron ore exportersA steep increase in the cost of transporting iron ore by rail is damaging India’s export competitiveness.
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