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ROYALTY HIKE
NMDC hikes iron ore prices by up to 11.1% effective April 5In a pivotal move, NMDC, the state-owned giant, is set to hike iron ore prices effective April 5, 2026. Following an unprecedented producti...
After 10 years, parent Unilever hikes royalty fee for HUL by 80 bpsThis is the first such hike undertaken by the parent firm after 10 years. The prior agreement with the parent for technology, trademark lic...
Royalty hike on minerals to hit metal companies' marginsThe decision comes at a time, when metals companies are facing a strong pressure on input costs in the face of lacklustre demand.
Government hikes royalty rates on mineralsGovt gave nod to increasing royalty rates on minerals including iron ore and bauxite, a long-awaited move that will significantly swell ann...
Decision on raising royalty rates soon: Narendra Singh Tomar, Steel and Mines MinisterThe rates of royalty revised every three years for major minerals - excluding coal, lignite and sand for stowing - were last revised in Aug...
Assocham urges govt against any increase in royalty rate on iron oreIn his budget speech, the finance minister had proposed to revise the royalty rates on all minerals with that on iron ore proposed to incre...
Mining royalties set for significant hikesReviewing royalty on major minerals - an exercise carried out by the central government every three years - the study group recommended a 5...
Mining industry demands cut in iron ore royalty to 7.5%A study group appointed by the Mines Ministry has circulated its recommendations, including hike in royalty on iron ore to 15 per cent.
Mines Ministry panel proposes 50 pc hike in iron ore royaltyThe Mines Ministry-appointed study group has proposed revising royalty rate on iron to 15 per cent from 10 per cent now, a proposal miners'...
- 89% minority votes against royalty hike at Holcim units
Holcim’s Indian subsidiaries ACC and Ambuja Cements have obtained approval for the contentious resolution to hike royalty fees.
Relief for business jet owners as aviation ministry scraps royalty hike"In the current business environment, the ministry's decision to do away with the hiked royalty charges is considered significant", Rohit K...
ACC & Ambuja Cements: Small hike in royalty a relief for investorsRoyalty payment to parent Holcim, recently approved by the respective boards, will have only a marginal impact on the earnings of ACC, Ambu...
ITC and Hindustan Unilever shares lose sheenShares of India's largest consumer goods companies - ITC and Hindustan Unilever - fell on Thursday, dragging the Sensex down with them.
- Queensland coal levy hike may hit Indian power producers like GVK & others
The Queensland state government hopes to raise additional $1.6 billion Australian dollars (Rs 7,202 crore) by hiking taxes on coal miners.
- Goa mining industry fears bleak future due to export duty hike
On December 30, the commerce ministry had announced a hike in export duty from 20 per cent to 30 per cent on all types of iron ore grades.
- Apple warns music royalty hike could kill iTunes
Apple has warned that a hike in digital music royalties being considered by US could be a death knell for its iTunes online shop. New iPod ...
- Royalty on indigenous crude hiked
The Cabinet on Tuesday night hiked the royalty on indigenous crude oil to 20 per cent from the existing 12.5 per cent at present.