ICVL buys coal mines in Mozambique for a bargain-basement price of $50 million from Rio TintoA consortium of Indian state-run firms has bought a bunch of once prized coal mines that changed hands for $3 billion in 2011 for a price o...
31 Jul, 2014, 04.00 AM IST
FIFA World Cup 2014: Shambolic Spain crash out, Croatia oust CameroonMeanwhile, Brazil 2014's scintillating show of attacking football continued with Croatia thrashing a 10-man Cameroon 4-0 in Group A.
19 Jun, 2014, 01.08 PM IST
Coal India looking at buying majority stake in railway project in MozambiqueThe line connects central Mozambican Port of Beira along the Sena railway. The Sena line runs for 575 km from the inland City of Tete to Be...
18 Jun, 2014, 04.05 AM IST
Essar ports seeks shareholders nod to invest in Beira terminalEssar Ports has sought the approval of its shareholders to invest up to USD 25 million in a company which plans to develop coal terminal at...
01 Apr, 2014, 05.27 PM IST
- Mozambique's lack of infrastructure may hurt investments by Indian firms like Coal India, JSW Steel
For Indian firms, the option now could be an expensive alternative rail system that Coal India is mulling.
29 Jan, 2013, 06.07 AM IST