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ESSEL MINING
Essel Mining gave Rs 174.5 cr electoral bonds to Biju Janata DalEssel Mining and Industries, owned by Aditya Birla group, has emerged as the single biggest contributor to Biju Janata Dal's electoral fund...- SC appointed panel clears some of Odisha's largest miners of charges of illegal operationsThe committee, which comprised of former Supreme Court judges Justice Anil R Dave and Justice G S Singhvi, was asked to investigate 'de nou...
- Essel Mining puts in highest bid of Rs 450 crore for Pro MineralsLenders led by Bank of Baroda voted for the Essel Mining plan that also involves some capital infusion, said two senior bankers aware of th...
- Supreme Court asks Odisha to take coercive action against defauting minesLeases of 44 mines, including those of Aditya Birla Group’s Essel Mining, Mideast Steel and Serajuddin now face cancellation.
- Will Essel's downgrade trigger losses for ICICI Prudential and SBI MFs?A cut in a company’s credit worthiness results in a spike in bond yields, pushing prices down.
- Essel Mining's Koira Iron Ore Mine gets 5 star rating from government5 Star Rating is given to mining cos for confirming with standards of operation and for he implementation of the Sustainable Development Fr...
- Aditya Birla Group plans to acquire Stemcor’s India assetsThere is no guarantee that these discussions will result in a definitive transaction, according to the people cited earlier.
- 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...
- Justice M B Shah Commission for Rs 2 crore fine per hectare for encroachment by mining firmsThe Justice M B Shah Commission has suggested Rs 2 crore fine on each hectare of encroachment by mining firms, including Tata Steel and Ess...
- Kumar Mangalam Birla to turn Essel Mining into India's largest coal developerKumar Mangalam Birla is turning his private mining company Essel Mining into India's largest developer of coal.
- Odisha recommends over Rs 10,000 cr investment in steel sectorThe Odisha government today recommended investment of about Rs 10,000 crore in the state's steel sector.
- Aditya Birla group exits race to acquire Northern IronAditya Birla group has pulled out of the race to acquire Northern Iron, citing variability in production at Sydvaranger iron project.
- Odisha may claim Rs 24k cr from cos for illegal mining, sends notices to Essel Mining, Tata Steel and othersOdisha stands to earn up to Rs 24,000 crore in revenue claims as a result of mining “without statutory clearances” over the past decade.
- Essel mining driving Aditya Birla Group's acquisition strategyJagdish Agarwal, a research analyst with Emkay Global Financial Services, says the group is upbeat on Essel Mining due to robust demand for...
- AV Birla Group in talks to buy Australia's Flinders MinesAV Birla Group's Essel Mining is in close talks to buy Flinders Mines of Australia, sources said. Flinders Mines is valued at around $300 m...
- Orissa detects 2 state PSUs among 13 illegal mines operatorsThe state government is processing a show-cause notice likely to be served against its own PSU Orissa Mining Corporation soon.
- Essel Mining, Suzlon may settle turbine dispute out of courtKumar Mangalam Birla-owned Essel Mining and wind energy firm Suzlon Energy are trying to settle out of court a lawsuit filed by the Birla c...
- Aditya Birla Group may enter alloy steel productionThe country's second largest non-ferrous producer Aditya Birla Group is likely to enter into alloy steel production with a 2 million tonne ...
- ICRA downgrades Essel Mining’s short-term debtRating agency Icra on Friday downgraded Aditya Birla group company Essel Mining’s short-term debt programme by a notch, on concerns that th...
- Essel Mining to buy Indonesian co for $180mEssel Mining & Industries, the unlisted unit of the Aditya Birla Group, is close to acquiring a mining company in Indonesia for $180m in on...
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