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ODISHA FACOR
Vedanta's aluminium output rises 4 pc in Q4Vedanta reported growth in aluminium and alumina production in Q4 FY24. Zinc India witnessed changes in mined metal and refined zinc produc...- Weighing options in Karnataka: Electrosteel CEO“We would seriously be evaluating options in Karnataka iron-ore mines. We have a big piece of land already with us, close to our mines (in ...
- Industry divided over Odisha's decision to auction chrome minesNeither the players, dependent on these mines, nor Tata Steel which both sold and consumed chrome from the mine is happy with the state gov...
- IMR plans to buy a stressed steel plant in OdishaThe deal, if it goes through, is likely to set a precedent for foreign firms buying into India’s steel industry.
- Odisha slaps demand notices of Rs 3,200 crore on chrome minersOdisha has slapped demand notices of more than Rs 3,200 crore on chrome ore players in the state, including Tata Steel, IMFA, Facor and Bal...
- Facor may go into liquidation as creditors reject all resolution plansFacor has been under insolvency resolution process and the 270-day period for insolvency resolution of the company got over on April 2, 201...
- Odisha seeks to recover Rs 20,169 crore from Mahanadi CoalfieldAccording to preliminary estimates, Mahanadi Coalfields (MCL) had produced 435 million tonnes of coal in violation of environmental laws be...
- Industry seeks a roll back of Odisha's tariff hike on captive power plantsAs ET reported in May, the Odisha government’s decision to hike electricity duty from Captive Power Plants from Rs 0.30 a unit to Rs 0.55 h...
- Facor joint MD Rohit Kumar Saraf arrested in land fraud caseM S Srinivas, MD of Seven Hills had been arrested last month, Surekha and Saraf were arrested today, according to police.
- Mines Ministry Tribunal tells Odisha to reconsider 56 lease lapse ordersA revision authority of the mines ministry has asked the Odisha government to reconsider its order declaring that leases for 56 mines have ...
- Ferrochrome makers plan facility expansion to handle rising demandIndian ferrochrome makers are currently dependent on China, the world’s largest maker of stainless steel, which is also the biggest importe...
- Orissa mining to e-auction chrome from second quarterBeginning second quarter, Odisha's state-owned mining firm will e-auction chrome, an ore essential to make stainless steel.
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