Bellary

Bellary is a key region in Karnataka, thanks to the minefields and its jeans production.

K'taka to have excess power of over 1500 MW next year: Minister

JSW Energy signed a short-term power purchase agreement with Karnataka State Electricity Board. DK Shivakumar of the Energy Department at the Government of Karnataka speaking to CNCB-TV18 confirmed the news saying the government has tied up with the company for 600-750 MW of power.

Gammon India rises 16% on order win of Rs 869 cr from NHAI

The company has been awarded the project by National Highways Authority of India (NHAI) for four laning of Hospet - Bellary - Karnataka / AP border on NH-63 in the state of Karnataka.

SPML Infra up 10% on order in Karnataka, approval for QIP

"The shareholders of SPML in its extraordinary general meeting held, on January 6, approved and authorized the board of directors to raise funds through QIP route upto Rs 75 crore," said the infrastructure company in its filing to the exchange.

BJP's 2nd list of LS candidates, Yeddyurappa gets a ticket

Former Karnataka chief minister BS Yeddyurappa, an accused in the illegal mining scam, selected from Shimoga constituency.

New JSW steel plant at Bellary to start by December

The upcoming 2.3 million tonnes plant of JSW Steel which will produce high-grade automotive steel, will operationalise by December this year in Bellary, company's CMD Sajjan Jindal said.

JSW Steel, Sesa Goa up after SC lifts mining ban

The Supreme Court (SC) on Thursday lifted a one-and-a-half-year old iron ore mining ban in Karnataka, spiking the shares of mining companies between 2-15 percent.

Why has SC lifted only category 'A' mines ban in Karnataka

Mining operations in Karnataka are likely to resume today after the Supreme Court on Monday lifted mining ban on 18 Category ‘A‘ mines. With this, the apex court has partially eased a year-long suspension which it had imposed a year back on metals and mining companies on environmental related concerns.

Govt suspends 40 officials named in illegal mining report

Karnataka government has suspended 40 officials and staff and issued show-cause notices to 257 who have been named by Lokayukta reports in illegal mining in Karnataka, Chief Minister Jagadish Shettar said today.

Will shut K'taka ops if ban not lifted: Kalyani Steel

Speaking to CNBC-TV18, RK Goyal, the managing director of Kalyani Steel says that even post the Supreme Court order revoking the ban on mining in Karnataka, it might take a good three-five months before iron ore is actually made available.

Licenses of 49 K'taka mining cos to be scrapped: CEC report

The central empowered committee (CEC) has filed its report on the illegal mining in the state. The CEC has recommended the licenses to be divided into three categories to identify those that need to be cancelled, reports CNBC-TV18's Ashok Bagariya.

Illegal mining case: No bail for Bellary mining baron Reddy

A local court today dismissed an interim bail petition of the mining baron Gali Janardhan Reddy seeking permission to visit Bellary in Karnataka to attend to his mother's death anniversary ceremony.

SC allows NMDC to fix Bellary iron ore floor price

Supreme Court (SC) has asked NMDC to fix price consolidation variables. The supreme court allowed company to fix Bellary iron ore floor price, reports CNBC-Tv18, quoting agencies.

Illegal Mining: SC directs CEC to look into allegations

The Supreme Court has directed the central empowered committee to investigate the allegations made against Adani Enterprises and JSW with respect to illegal mining, reports CNN-IBN's Ashok Bagariya.

CBI continues raids in connection with illegal mining

Continuing their raids for the second consecutive day, CBI conducted searches on Kudligi BJP MLA V Nagendra's mining company, another in Hospet and Bellary in connection with alleged illegal mining.

Mining firms, MLA's properties searched in Bellary

The Central Bureau of Investigation (CBI) on Monday conducted raids at the office and residence of Karnataka MLA Nagendra from Bellary.

CBI decends on JSW Steel premises; stock melts 6.5%

JSW Steel touched a 52-week low of Rs 548.55. At 09:33 hrs the share was quoting at Rs 552.60, down Rs 38.70, or 6.54%. CBI has raided comapny's offices in Bellary in connection with illegal mining, reports CNBC-TV18.

JSW might have to shut operations in Bellary:Sajjan Jindal

JSW Steel has said it might have to shut operations in Bellary, Karnataka as state run mineral major NMDC has stopped supplying iron ore to the company.

JSW down 5% ahead of the Supreme Court hearing today

Shares of JSW Steel plunged 5% at Rs 607 on the Bombay Stock Exchange as the company’s fate lies in court hearing today on lifting the ban on iron ore mining in the Bellary district from where the company sources at least 50% of its ore requirement

NMDC ramps up Bellary iron ore production to 32000 tonne

After the recent ban by the Supreme Court on iron ore mining in Bellary, Karnataka, state-owned NMDC today said it has ramped up production to 32,000 tonne per day to meet the shortage that is being faced by the steel industry.

Reddy's brothers get CBI notice

Former Karnataka minister G Karunakara Reddy and his brother G Somasekhara Reddy, MLA, have been summoned to appear before CBI in connection with an illegal mining case in Andhra Pradesh.

Karnataka: CBI arrests Bellary Reddys

The Central Bureau of Investigation (CBI) on Monday arrested former Karnataka tourism minister and mining baron G Janardhana Reddy after conducting raids at his Bellary residence.

NMDC to soon ramp up prodn in Bellary to 1 MT/month: Govt

Amid shortage of iron ore for the steel industry in southern India, the government today said the situation will stabilise in a month, as the country's top miner NMDC is in the process of ramping up its production in Karnataka's Bellary to 1 million tonne per month.

Mining ban death knell for sector: K'taka steel ind

Steel and allied industries in Karnataka today expressed apprehensions that the industry would come to a standstill if iron ore mining is banned in Tumkur and Chitradurga districts as recommended by the Supreme Court-appointed panel.

Sharma says no plan to ban iron ore exports

Commerce Minister Anand Sharma ruled out a ban on iron ore exports, saying the surplus mineral "must be exported".