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USHA ISPAT
JSW keen to push consolidation in value-added steel productsThe steel company has bid for Asian Colour Coated Ispat, Vardhman Industries- JSW Steel looks for partner to bid for Bhushan PowerThe company is competing with Tata Steel and UK’s Liberty House for Bhushan Power & Steel that owes Rs 47,000 crore to lenders.
- JSW Steel buys 83% in US-based Acero JunctionThis has been the company's second major move in the US market.
- Rourkela Steel Plant's Project Sunayana brings new hope for underprivilegedThe project has become a beacon of hope for many poor children and elderly persons suffering from cataract and living in and around Rourkel...
- Government holds back awarding 5 coal blocks from round II for examining low bidsAward of three producing blocks auctioned in round I has also been held back for similar reasons. A decision on those is likely to be made ...
- Mandakini Exploration and Mining bags coal block in Odisha for Rs 602 per tonneTrimula Industries won the Meral coal block in Jharkhand, beating Usha Martin and Easternrange Coal Mining Pvt Ltd.
- Mandakini, Meral mines sold; states to get Rs 19,633 croreMandakini Exploration and Mining today bagged Mandakini block in Odisha while the Meral mine in Jharkhand went to Trimula Industries, in th...
- Day 2 of auction: Trimula bags coal mine in JharkhandOn Day 2 of coal auctions, Trimula Industries bagged Meral mine in Jharkhand, taking the total number of mines won by the firm to five.
- Usha Martin decided against aggressive bidding for Kathautia coal blockOn the second day of coal auction yesterday, Aditya Birla group flagship Hindalco Industries pipped others by bidding Rs 2,860 per tonne fo...
- Hindalco bags Kathautia coal mine in auction; stk gainsThe company last week reported a net profit of Rs 350 crore, as compared to a net profit of Rs 334 crore in the corresponding quarter last ...
- Centre to collect Rs 10,000 crore as additional coal levy: Piyush GoyalIn case of 42 coal blocks, 37 of which are producing and five are likely to commence operations, the cancellation will take effect from Mar...
- Sebi to sell shares held by 9 entities to recover Rs 4 croreThe share sale would take place on the NSE and BSE from November 20, the Securities and Exchange Board of India said in separate orders dat...
- Supreme Court's verdict on coal blocks will severely hit financials of companies: AnalystsThe apex court’s decision to de-allocate the coal blocks will severely hit the financials of some companies.
- 7 companies to lose coal output of 20 million tonnes per yearJindal Steel & Power and Hindalco Industries are among the seven firms that will lose access to their producing coal blocks.
- How to trade metal majors post Supreme Court orderAccording to analysts , JSPL will be the worst hit by the order. The stock has corrected nearly 10% and in all likelihood may fall another ...
- IMG gives more time to 10 cos for green clearanceIMG has decided to give more time to 10 cos to obtain final forest and environment clearance for the eight coal blocks that have not yet st...
- Government to send letters on de-allocation of coal blocks from todayThe coal ministry will start sending letters for de-allocation of coal blocks from Monday, a top coal ministry official said.
- Usha Martin, Monnet Ispat among 10 companies to appear before Inter-Ministerial Group tomorrowA total of 10 firms have been asked to present their side of the story for the delay in developing coal blocks on the first day of IMG's re...
- Tata Metaliks decides to shut Goa plantTata Metaliks has decided to shut its plant at Redi, near Goa, within a week. The move comes after the company was stung by disruption in i...
- Mittal, Arcelor spent Rs 3,000 cr over dealBesides being a battle of nerves, Mittal-Arcelor saga also witnessed over Rs 3,000 crore being spent by both the companies.
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