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Hindalco Board Approves up to Rs 5000 Cr Fund-Raising Plan

Jul 18, 2014 at 19:56 | Source: NDTV Profit

Metals producer Hindalco Industries Ltd said on Friday its board had approved a plan to raise up to Rs 5000 crore ($829.5 million) by selling shares to institutions or through other options. Hindalco, one of the country's leading aluminium an...

Online store to sell metals

Jul 17, 2014 at 03:47 | Source: Calcutta Telegraph News

New Delhi, July 16 (Reuters): Switzerland-based Trafigura has launched an online store in India to sell aluminium, copper and other metals, seeking a slice of the $8-billion market and becoming the first big commodities trader to cater to hordes of ...

Chinese town trades lead poison test results for milk

Jul 16, 2014 at 04:45 | Source: FirstPost

DAPU China (Reuters) - After a test showed farmer Zhao Heping's toddler grandson had high levels of lead in his blood two years ago, local officials in China's Hunan province offered the child medicine, he says and milk. In return, Zhao says, offici...

Aluminum Advances to 13-Month High as Inventories Drop

Jul 15, 2014 at 22:00 | Source: Bloomberg

Copper slipped in New York as the dollar strengthened before Federal Reserve Chair Janet Yellen addresses U.S. lawmakers on monetary policy. The dollar touched a one-week high against a 10-currency basket amid speculation Yellen will provide&nbsp...

Barrick to Form Saudi Copper Mine Venture With Ma'aden

Jul 13, 2014 at 14:00 | Source: Bloomberg

The Saudi company, which is also known as Ma'aden, will acquire 50 percent of the Jabal Sayid mine in the Middle Eastern country for $210 million, Toronto-based Barrick said in a statement today. It's expected that the sale will close...

Ambitious target set for selloffs

Jul 11, 2014 at 03:37 | Source: Calcutta Telegraph News

New Delhi, July 10: The bull run in the stock market, which has caught the attention of retail investors, could spell good news for the government as it plans to divest its stakes in state owned firms and raise Rs 63,425 crore in the current fiscal ...

Union Budget 2014: Rs 1,000 crore allocated for solar power

Jul 10, 2014 at 14:41 | Source: FirstPost

New Delhi: Calling it a 'high priority' area, Finance Minister Arun Jaitley on Thursday allocated Rs 1,000 crore for the solar power sector, a move that will boost energy generation from renewable sources.The government aims to construct Ultra Mega S...

Budget 2014: Jaitley allocates Rs 1,000 cr to 'high priority' renewable energy sector

Jul 10, 2014 at 14:35 | Source: FirstPost

New Delhi: Calling it a 'high priority' area, Finance Minister Arun Jaitley today allocated Rs 1,000 crore for the solar power sector, a move that will boost energy generation from renewable sources.The government aims to construct Ultra Mega Solar P...

Asian Stocks Drop Amid Pullback; Copper Swings on China

Jul 09, 2014 at 08:00 | Source: Bloomberg

Hatta Rajasa, vice presidential candidate, from left, Prabowo Subianto, presidential candidate, Sudharto P. Hadi, debate moderator, Joko Widodo, governor of Jakarta and presidential candidate, and Jusuf Kalla, vice presidential candidate, sing the ...

Vedanta says weighing Australia copper mine's future after rock slide

Jul 03, 2014 at 00:15 | Source: FirstPost

SYDNEY (Reuters) - Vedanta Resources Plc is weighing the future of its Mt Lyell copper mine in Australia after a rock slide this week delayed plans to restart operations following a six-month closure.The mine in Tasmania state, shut in January follow...

Vedanta Weighing Australia Copper Mine's Future After Rock Slide

Jul 02, 2014 at 18:00 | Source: NDTV Profit

Vedanta Resources Plc is weighing the future of its Mt Lyell copper mine in Australia after a rock slide this week delayed plans to restart operations following a six-month closure. The mine in Tasmania state, shut in January following three fataliti...

Canada trade boost

Jun 24, 2014 at 12:02 | Source: Calcutta Telegraph News

Calcutta, June 23: The Canadian province of Saskatchewan is keen to leverage its strengths in uranium mining and agriculture to expand its exports to India. �Saskatchewan has huge shale gas reserves, diamond, gold, copper and sweet water. We have ...

33 West Bengal companies figure in Dun Bradstreet India s Top 500 Companies report

Jun 24, 2014 at 12:02 | Source: Economic Times

KOLKATA: Thirty three companies from West Bengal figure in Dun & Bradstreet India's 'Top 500 Companies' report. The companies are Adhunik Metaliks, Allahabad Bank, Balmer Lawrie & Co., Balrampur Chini Mills, Berger Paints India, Birla Cooperation, CE...

Indo-Afghan partnership symbol to get ready next year

Jun 22, 2014 at 17:52 | Source: Economic Times

KABUL: Afghanistan's new Parliament building India is constructing here as a gift to the Afghan people aspiring to move towards a peaceful democracy, has been delayed further due to challenging working conditions and will now be ready by next year. T...

Efficient solar cells are a step closer

Jun 21, 2014 at 02:45 | Source: FirstPost

Washington, June 20 (IANS) The more light a solar panel's active elements absorb, the more power it produces. So, researchers have now replaced a two-step process for producing black silicon - highly efficient materials that reflect almost no light -...

PSU share norm to fatten govt purse

Jun 20, 2014 at 08:57 | Source: Calcutta Telegraph News

New Delhi, June 19: The government may reap a bonanza of at least Rs 70,000 crore from Sebi’s decision to force all listed PSUs to park at least 25 per cent of their stakes with the public. At least 23 state companies that are part of the BSE ...

Sebi move to revive retail participation; most PSUs can become multibaggers

Jun 19, 2014 at 19:37 | Source: Economic Times

NEW DELHI: In a move to bring retail investors back into the market, market regulator Sebi on Thursday approved proposal for hiking public holding in all PSUs to 25 per cent within three years. The move is expected to help the government raise over ...

Timeline: Reforms in Burma

Jun 14, 2014 at 19:22 | Source: BBC

A process of reform has been under way in Burma since November 2010, when military rule was replaced by a new military-backed civilian government. Here is a timeline of key developments. 2010 Pro-democracy leader Aung San Suu Kyi has enjoyed greater ...

DR Congo: Cursed by its natural wealth

Jun 11, 2014 at 00:02 | Source: BBC

The Democratic Republic of Congo is potentially one of the richest countries on earth, but colonialism, slavery and corruption have turned it into one of the poorest, writes historian Dan Snow. The world's bloodiest conflict since World War II i...

Unveiling an amazing India through stamps (Book Review)

Jun 04, 2014 at 23:31 | Source: FirstPost

Book: Post Haste: Quintessential India; Author: B.G. Verghese; Publisher: Tranquebar Press; Pages: 384; Price: Rs.1,295.The early forms of communication were smoke signals, flashing mirrors, hoisting flags or relays of drums. They were followed by me...

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