Mar 07, 2014 at 16:20 | Source: CNBC-TV18
NSE FinWiz, powered by CNBC-TV18 visited Sesa Sterlite's iron ore business division in Goa. They are joined by two experts; Pankaj Mathpal, MD of Optima Money Managers and Gaurav Mashruwala, Financial Planner.
Feb 27, 2014 at 13:36 | Source: PTI
Goa Chief Minister Manohar Parrikar will have to walk a tight rope while presenting the state budget on March 5 in the Assembly as the state's finances are hit by closure of the mining industry.
Feb 25, 2014 at 16:36 | Source: PTI
Pellets are value-added products of leftover material or low grade iron ore and are used in steel-making. In recent times, they have emerged as a major product for iron and steel industry in the country due to scarcity of ore in some regions following mining bans in Karnataka and Goa.
Feb 10, 2014 at 13:47 | Source: CNBC-TV18
The coastal state's economy has suffered since mining ban was imposed on it by the Supreme Court. The state's chief minister says the ban has caused the state to lose 25 percent of its revenue.
Feb 07, 2014 at 09:16 | Source: Reuters
The main attraction of Stemcor's assets for the steelmakers are its iron ore mines, especially as mining bans and restrictions in the key producing states of Goa and Karnataka have slashed domestic supplies.
Feb 04, 2014 at 18:00 | Source: CNBC-TV18
PK Mukherjee, ED of Sesa Sterlite says floor price for 61-grade was fixed at Rs 5,000/ tonne and the company will continue to participate in e-auctions. He refuses to follow prices quoted by NMDC.
Feb 04, 2014 at 15:59 | Source: CNBC-TV18
Complaints have emerged against Sesa Goa and other private miners forming a cartel and trying to raise base prices of ore in e-auction. Sesa Goa had set the floor price of 61-62 percent iron ore at Rs 5000 per tonne.
Jan 28, 2014 at 12:17 | Source: CNBC-TV18
Sesa Sterlite is slated to announce its third quarter earnings today. The company is declaring numbers as a merged unit for the second time. Sesa Sterlite's consolidated numbers will include Cairn India, Sesa Goa and Vedanta Aluminium. Year-on-year numbers are not comparable.
Jan 02, 2014 at 08:48 | Source: Reuters
The mining and export bans in the key states of Goa and Karnataka have brought miners and other businesses to their knees, forced steelmakers to buy iron ore abroad and seen hundreds of thousands laid off.
Dec 30, 2013 at 09:21 | Source: Moneycontrol.com
Sesa Goa (now Sesa Sterlite) received permission from the Honorable Supreme Court appointed Monitoring Committee to resume the mining activities at its Karnataka mine. Accordingly, the Company has commenced its mining operations today, in accordance with stipulated conditions.