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  • Investors want govt to defer Coal India stake sale Dec 15, 2015 11:06 AM IST

    Investors want govt to defer Coal India stake sale

    Opposing an immediate stake sale in Coal India Ltd, foreign investors have told the Finance Ministry that further disinvestment in the coal miner should be put off as the current market valuation is low.

  • Bauxite mining to be allowed after locals consent: AP Dec 09, 2015 03:09 PM IST

    Bauxite mining to be allowed after locals consent: AP

    Andhra Pradesh government will not take any "hasty" decision on allowing bauxite mining on forest land in Agency area of Visakhapatnam, Chief Minister N Chandrababu Naidu said

  • Seventh Pay Commission to boost luxury products sale:Voltas Dec 04, 2015 11:49 AM IST

    Seventh Pay Commission to boost luxury products sale:Voltas

    In an interview to CNBC-TV18, Pradeeep Bakshi, President & COO, Unitary Products, Voltas, says the last three to four months have been good for the company and there has been an uptick in sales

  • 5 states issue notices to auction mines in phase 1 Dec 03, 2015 04:27 PM IST

    5 states issue notices to auction mines in phase 1

    Five states have issued notices inviting tenders for 28 blocks. The government is hopeful of auction of 70 mines by states by January in the first phase

  • India ready to cut coal dependence if given clean-tech Dec 03, 2015 03:29 PM IST

    India ready to cut coal dependence if given clean-tech

    Developing countries need money and technology to make the switch to clean energy sources like solar and wind power. They are also asking for money to adapt to climate change.

  • New national mineral exploration policy to be ready by Jan Nov 26, 2015 11:43 AM IST

    New national mineral exploration policy to be ready by Jan

    The government is working on a detailed plan to allow the private sector to actively participate in mineral exploration. In the years to come, mining is expected to be a key industry, attracting huge investments

  • SC to hear petition challenging Goa mining licence renewals Nov 17, 2015 06:02 PM IST

    SC to hear petition challenging Goa mining licence renewals

    The Supreme Court on Tuesday agreed to hear a plea which seeks to cancel all the licences granted to 89 mining companies in Goa

  • Hind Zinc up 3%; Macquarie & Deutsche bullish post Q2 nos Oct 20, 2015 11:56 AM IST

    Hind Zinc up 3%; Macquarie & Deutsche bullish post Q2 nos

    With maintaining outperform and raising target price to Rs 213 apiece (from Rs 189 earlier, implying 36 percent upside), Macquarie says the company has reported earnings 10 percent above its estimates led by strong volume and physical premiums.

  • Sept CPI comes in at 4.41%; Aug factory output at 6.4% Oct 12, 2015 05:39 PM IST

    Sept CPI comes in at 4.41%; Aug factory output at 6.4%

    A CNBC-TV18 poll had shown the index of industrial production (IIP) for the month of August rising to 5 percent and September Consumer Price Index (CPI) to come in at 4.49 percent

  • Stalled projects rise in Q2 on steel sector distress: HSBC Oct 06, 2015 11:48 AM IST

    Stalled projects rise in Q2 on steel sector distress: HSBC

    The impact of the steel sector has been such that the stock of stalled projects increased after falling for five quarters.

  • 'China downturn, commodity fall opportunity for India' Sep 28, 2015 04:36 PM IST

    'China downturn, commodity fall opportunity for India'

    Mihir Vora, Director and Chief Investment Officer of Max Life Insurance says he is underweight on oil, gas, petrol companies not just because the commodity prices are falling, but also because many of these companies are leveraged.

  • Mines Ministry to float tenders for aerial survey Sep 24, 2015 08:04 PM IST

    Mines Ministry to float tenders for aerial survey

    The move comes in the backdrop of government's plans to encourage mines exploration in the country, which has so far not been able to attract private participation on account of lack of policy bottlenecks as well as favourable business opportunities.

  • Vedanta's Sesa Goa opens its 2nd mining lease at Bicholim Sep 14, 2015 10:13 PM IST

    Vedanta's Sesa Goa opens its 2nd mining lease at Bicholim

    While Sesa had resumed work at its Codli mining site earlier, today it opened its Bicholim mining lease, both of which are the largest mining leases in the state.

  • Govt approves District Minerals Fund Sep 14, 2015 09:27 PM IST

    Govt approves District Minerals Fund

    Union Minister for Steel and Mines Narendra Singh Tomar says 10 percent of royalty will be set aside for new mining leases while 30 percent will be set aside for existing mining leases.

  • July IIP expected at 3.4%: Poll Sep 11, 2015 09:00 AM IST

    July IIP expected at 3.4%: Poll

    Consensus is working with 3.41 percent versus 3.8 percent month-on-month. The range again is rather wide — from 3 to 4.2 percent.

  • Two weeks, three reform setbacks for India's Modi Sep 10, 2015 01:39 PM IST

    Two weeks, three reform setbacks for India's Modi

    Since late August, three key reform bills intended to make it easier to do business in Asia's third economy have hit major roadblocks.

  • Aus to boost cos to participate in mines auction in India Sep 03, 2015 02:27 PM IST

    Aus to boost cos to participate in mines auction in India

    The topic was discussed in a meeting held yesterday between Steel and Mines Minister Narendra Singh Tomar and his Australian counterpart, Minister for Industry, Science and Resources Ian Macfarlane, an official statement said on Thursday.

  • Q2 volumes to remain low; expect 3-4% FY16 sales: Escorts Aug 28, 2015 10:18 AM IST

    Q2 volumes to remain low; expect 3-4% FY16 sales: Escorts

    In an interview with CNBC-TV18, Bharat Madan, Group Financial Controller at Escorts says volume growth to remain low in the current quarter due to insufficient monsoon.

  • Goa mining restarts: Vedanta targets 5.5mt FY16 production Aug 22, 2015 04:54 PM IST

    Goa mining restarts: Vedanta targets 5.5mt FY16 production

    In an interview with CNBC-TV18‘s Anshu Sharma, Vedanta CEO – Iron Ore Business Kishore Kumar explained how the company‘s mining operations are taking off in Goa and outlook on the business going forward.

  • JSW Steel to invest Rs 5,000 cr on capex in FY16 Aug 19, 2015 06:44 PM IST

    JSW Steel to invest Rs 5,000 cr on capex in FY16

    London-based JSW Steel Service Centre is into processing and sale of steel, while Argent Independent Holdings - that is also based in London - is a holding company. Nairobi-based JSW Steel East Africa is into mining of non-ferrous metal ores and manufacture of basic iron and steel, among others.

  • Hindustan Copper Q1 net profit rises 10% to Rs 14.57 crore Aug 11, 2015 04:25 PM IST

    Hindustan Copper Q1 net profit rises 10% to Rs 14.57 crore

    The PSU, which is under the administrative control of Ministry of Mines, had recorded a net profit of Rs 13.20 crore in the first quarter of the previous fiscal.

  • Government wants mining to restart from October: Goa CM Aug 11, 2015 12:53 PM IST

    Government wants mining to restart from October: Goa CM

    Parsekar said the government is keen on mining operations to resume from October this year and will take all possible steps in this regard.

  • Grim China data keeps stimulus hopes alive Aug 10, 2015 03:23 PM IST

    Grim China data keeps stimulus hopes alive

    China's stock markets bucked broad cautiousness in Asian equities with major indices up between 2 and 4 percent, while European trading got off to a subdued start as mining and energy stocks pulled the pan-European FTSEurofirst 300 equity index down 0.2 percent.

  • Vedanta to restart iron ore mining in Goa Aug 10, 2015 02:09 PM IST

    Vedanta to restart iron ore mining in Goa

    Vedanta is likely to recommence iron-ore mining operations from August 10, 2015 at its biggest mine at Codli in Sanguem taluka in Goa.

  • Job creation more important than revenue: Goa CM Parsekar Aug 10, 2015 08:34 AM IST

    Job creation more important than revenue: Goa CM Parsekar

    Vedanta Limited is likely to start its iron ore mining operations at the Codli mines in Goa today.

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