M&M shares in focus on incorporation of new step-down subsidiaryMahindra Susten has incorporated a new subsidiary, Ultrogen Hybren, for renewable energy production and sales. Ultrogen Hybren aims to enga...
SC sets aside Karnataka HC order quashing CBI case over illegal iron ore exportThe Supreme Court overturned a Karnataka High Court ruling that dismissed a 2013 illegal iron ore export case against M/S MSPL Limited. The...
Axiscades acquires Mistral Solutions for Rs 296 croreDavid Bradley, Chairman of Axiscades said that the acquisition will enable the company to build upon a complementary portfolio of offerings...
Mahindra Group, Ontario Teachers' announce strategic partnershipMahindra Holding Ltd (MHL), a subsidiary of Mahindra & Mahindra Ltd, will sell additional 9.99 per cent of the paid-up equity share capital...
MSPL rejects KISMA's contentions on mining licenceMSPL maintained that proceedings of Karnataka government in recommending iron ore mining licence to it were in accordance with the law and ...
Karnataka steelmakers protest against state government's decision to lease mine to MSPLIndian steelmakers have struggled to feed their growing steelmaking capacity in the country after the SC banned iron ore mining in Karnatak...
JSW, Sesa Sterlite battle over iron ore pricing heats upBoth firms hold each other responsible for the clampdown on mining in Karnataka by the SC due to corruption charges.
MSPL resumes operations of Vyasanakere mine after 38 monthsThe 347.22 hectare VIOM near here has an annual production sanction of 0.91 million tonnes.
Supreme Court panel moots market rates for Karnataka iron ore, caps outputNMDC and JSW may have to pay a higher price for iron ore while other smaller and regional players, such as Mysore Minerals and MSPL.
- Steel companies in Bellary begin layoffs; over 30,000 jobless
That's not all: Another 15,000 workers employed in over half-a-dozen steel companies and 77 other related-industrial units face layoff thre...
- Supreme Court issues notice on iron ore export ban
The Supreme Court issued a notice to the Karnataka state government on Friday asking why it must not admit an appeal by mining firm MSPL Lt...
- CARE assigns ‘BBB’, PR2’ rating to MSP Steel & Power bank loans
CARE has assigned ‘CARE BBB’ rating to MSP Steel & Power Ltd’s cash credit facility of Rs 116 crore (including a sub-limit of LC of Rs 11 c...
- AISL to set up Rs 4,500-crore steel plant at Koppal
Aaress Iron and Steel (AISL), part of iron ore mining major Baldota Group, will invest over Rs 4,500 crore to set up its first integrated s...
- Miners to add 20 million tons steel capacity in five years
Merchant 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.
- MSPL to invest Rs 1,100 cr in wind energy
Wind energy producer MSPL Ltd on Thursday said it plans to double its capacity to 400 MW by 2010 from the existing 191.6 MW with an investm...
- MSPL plans mining, rail link in Jharkhand, Orissa
Hospet (Karnataka)-based MSPL is seeking a larger role in the iron ore mining space and is pitching for a piece of action in the mineral-ri...
- Miners, steel companies cross swords over iron ore exports
Adding another twist to the iron ore exports issue, the Karnataka-based mining major MSPL claimed that though steel companies including Tat...