CCI approves merger of Mangalore Chemicals & Fertilisers with Paradeep PhosphatesThe Competition Commission of India has approved the merger of Mangalore Chemicals & Fertilizers with Paradeep Phosphates Ltd, and Zuari Ma...
30 Jul, 2024, 10.09 PM IST
Vedanta Resources clears debt obligations for Q1The company’s statement comes days after it pledged a 4.4% stake in VDL to Glencore International AG for a $250 million loan. Glencore Inte...
01 Jun, 2023, 12.46 AM IST
Mining giants have underestimated the lithium waveA decade ago, the likes of lithium, cobalt and graphite were minor materials, affected less by electric vehicles than the markets for lubri...
13 May, 2023, 09.56 AM IST
Glencore UK subsidiary ordered to pay $310 mln over briberyGlencore Energy UK Limited was ordered to pay a 182.9 million pound fine by Judge Peter Fraser at Southwark Crown Court, who also approved ...
04 Nov, 2022, 12.37 AM IST
Glencore lowers coal production targetsThe Switzerland-based firm said it had cut its coal production target to 110 million tonnes, down nine percent from its previous forecast i...
28 Oct, 2022, 05.28 PM IST
ED summons Edelweiss COO in 'pulses price rigging' caseED’s case stems from a report prepared by the Income Tax department which found instances of manipulation of chana contracts in the commodi...
29 Jan, 2020, 07.34 AM IST
Oil traders made billions in 2019 as conflict shook the marketConsensus is that the industry benefited from a lucky mix of factors in the oil market.
27 Jan, 2020, 03.56 PM IST
Breweries may have to import barley as there’s not enough stock to make beerThe malting industry requires 500,000-600,000 tonnes of barley for beer and distilled beverages.
30 Apr, 2019, 02.58 PM IST
Indian antitrust watchdog raids Glencore business, others over pulse prices: SourcesCCI was investigating that the cos formed a cartel to fix prices of pulses while importing and selling them in India market at higher price...
17 Mar, 2019, 03.38 PM IST
Gulf spat threatens to put brakes on Qatar's $335 billion empireSaudi Arabia and three other Arab nations have cut off diplomatic ties with Qatar to punish it for its ties with Iran and Islamist groups.
06 Jun, 2017, 04.55 PM IST
London copper steady, zinc holds gains on supply cutLondon copper was flat on Monday but holding near its highest level in more than three weeks, after production cuts by Glencore revived sen...
12 Oct, 2015, 08.43 AM IST
Adani Enterprises buys out 49% Glencore's stake in joint ventureAdani Enterprises and Chemoil Energy, a subsidiary of Glencore, had formed a JV, Chemoil-Adani Pte Ltd for supplying bunker fuel to vessels.
06 Oct, 2015, 08.59 PM IST
Glencore said to lay groundwork for potential Rio mergerRio’s shares have declined 12 percent this year in London, giving the company a market value of about 56 billion pounds ($90 billion).
07 Oct, 2014, 03.02 AM IST
Glencore to supply crude to IOC from Sandesara Group's Nigerian assetsSandesara group is claiming to be the first Indian operator and oil producer in Nigeria, which is member of OPEC.
14 Oct, 2013, 04.45 PM IST
Xstrata investors seen backing Glencore takeoverInvestors in commodities trader Glencore, voted 99.4 per cent in favour of the deal at a meeting in Zug, near Zurich.
21 Nov, 2012, 05.25 AM IST
- Jindal Steel plans to scale down steel, pellet plants in Bolivia
Jindal needs about 4.5 mcmd of gas for its ops but was offered only 2.5 mcmd by the Bolivian state-run Yacimientos PetrolÃferos Fiscales Bo...
27 Mar, 2012, 02.35 AM IST
- Sterlite, Birlas submit price bids for HZL
NEW DELHI: Sterlite and A V Birla Group company Indo-Gulf on Wednesday submitted bids for securing control of Hindustan Zinc by buying 26 p...
20 Mar, 2002, 06.42 PM IST