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  • SP Tulsian's multibaggers: NMDC, Arvind Mills and Bajaj Fin Aug 24, 2011 08:32 AM IST

    SP Tulsian's multibaggers: NMDC, Arvind Mills and Bajaj Fin

    SP Tulsian of sptulsian.com picked NMDC and Arvind Mills as his multi-bagger ideas for the day.

  • Difficult to improve realisations ahead: Bhushan Steel Aug 03, 2011 03:53 PM IST

    Difficult to improve realisations ahead: Bhushan Steel

    The realisations of leading secondary steel maker Bhushan Steel & Strip stood at USD 300 a tonne in Q1 better than Street's expectations. However, Nitin Johri, chief financial officer of the company in an interview to CNBC-TV18 said, it would be difficult to improve realisations from here on.

  • Karunakara Reddy trains gun on Hegde, demands apology Jul 29, 2011 02:56 PM IST

    Karunakara Reddy trains gun on Hegde, demands apology

    Karnataka Revenue Minister G Karunakara Reddy today slammed Lokayukta Santosh Hegde for indicting him in his report on illegal mining, claiming that allegations against him was untrue and sought a public apology from him.

  • Vedanta withdraws case against MoEF at NGT Jul 28, 2011 05:16 PM IST

    Vedanta withdraws case against MoEF at NGT

    In a twist to Vedanta's case for mining in Nyamgiri, Orissa, the company has withdrawn its case at the National Green Tribunal.

  • Coal India to spend Rs 30k cr on expansion during 12th Plan Jul 21, 2011 02:00 PM IST

    Coal India to spend Rs 30k cr on expansion during 12th Plan

    State-run mining giant Coal India (CIL) today said it plans to invest about Rs 30,000 crore to augment its capacity over the next five years and the funds will be spent on new mining projects, washeries, machinery and equipment.

  • CIL misses Q1 output target, says rains played spoilsport Jul 20, 2011 04:11 PM IST

    CIL misses Q1 output target, says rains played spoilsport

    State-run mining giant Coal India today blamed early rains and inclement weather in the eastern region for playing spoilsport in achieving its 98.7 million tonnes (MT) target for the first quarter.

  • BHP Billiton swoops on US oil firm Petrohawk for USD 12.1bn Jul 15, 2011 08:07 AM IST

    BHP Billiton swoops on US oil firm Petrohawk for USD 12.1bn

    Mining and oil company BHP Billiton unveiled a USD 12.1 billion agreed takeover of US gas producer Petrohawk Energy Corp on Friday, marking the Anglo-Australian firm's biggest step into the booming shale-gas industry.

  • PM chaired meet to review coal, power performances Jun 28, 2011 08:51 PM IST

    PM chaired meet to review coal, power performances

    A high-level meeting, under the chairmanship of Prime Minister Manmohan Singh, to review performances in sectors like coal and power has been postponed to July 6.

  • India buys Eskom grade coal from S.African miner Jun 08, 2011 08:31 AM IST

    India buys Eskom grade coal from S.African miner

    India's growing appetite for low-grade, low-priced coal could give South African state utility Eskom fuel supply problems, Graham Parker, director of traders Traxys Coal, said on Tuesday.

  • Government allows FDI in LLP firms May 12, 2011 08:54 AM IST

    Government allows FDI in LLP firms

    In a move that will help in attracting more foreign investment, the government today allowed FDI in Limited Liability Partnership (LLP) firms in sectors like mining, power and airports.

  • SC forms joint team to survey 'illegal mining' in Karnataka May 06, 2011 08:01 PM IST

    SC forms joint team to survey 'illegal mining' in Karnataka

    The Supreme Court today set up a team to conduct survey and demarcation of 99 iron ore mines in Bellary-Hospet forest region of Karnataka to identify sites of alleged illegal mining and directed that violators will have to stop work in their entire lease area.

  • Karnataka to issue iron ore export permits next week Apr 21, 2011 04:45 PM IST

    Karnataka to issue iron ore export permits next week

    Karnataka, which lifted an export ban on iron ore imposed last year on Wednesday after a court directive, will start issuing transport permits for export from the state by next week, two sources in the mining department told Reuters.

  • BHP Billiton boosts iron ore output, warns on coal Apr 20, 2011 04:58 PM IST

    BHP Billiton boosts iron ore output, warns on coal

    BHP Billiton, the world's biggest mining house, warned on Wednesday that persistent rains in Australia were delaying a recovery in its coal operations after a devastating March quarter cut production by nearly a fifth.

  • BHP eyes Shell stake ahead of Woodside bid: Report Apr 11, 2011 08:13 AM IST

    BHP eyes Shell stake ahead of Woodside bid: Report

    BHP Billiton, the world's top mining company, wants to buy Royal Dutch Shell's stake in Woodside Petroleum ahead of launching a full takeover for the Australian oil and gas producer, a newspaper report said.

  • NMDC says overseas acquisitions won't top $500m this year Apr 05, 2011 09:04 AM IST

    NMDC says overseas acquisitions won't top $500m this year

    Overseas acquisitions by state-owned NMDC, India's top iron ore miner, will not exceed USD 500 million this year, the company's top executive said at a mining conference on Tuesday.

  • Mining, metallurgy contribute 11% to Jharkhand GSDP Mar 22, 2011 12:22 PM IST

    Mining, metallurgy contribute 11% to Jharkhand GSDP

    Mining and metallurgical downstream activities in Jharkhand account for more than 11% of the Gross State Domestic Product (GSDP), according to a survey.

  • Coal India might see some supply enter the mkt: Udayan Jan 06, 2011 11:45 AM IST

    Coal India might see some supply enter the mkt: Udayan

    CNBC-TV18's Managing Editor Udayan Mukherjee says, “To be fair, the coal India management has been very forthright over the last few weeks, consistently talking about their inability to deliver on volume targets, if they do not get environmental clearances."

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