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  • Modi says India to strike own path in climate battle Apr 06, 2015 03:52 PM IST

    Modi says India to strike own path in climate battle

    United Nations climate talks will be held in Paris later this year to look at ways to limit a damaging rise in global temperatures. Getting India to agree to a strategy to lower its own emissions is vital if the talks are to be judged a success.

  • Govt to allot coal mines to state entities Apr 06, 2015 01:23 PM IST

    Govt to allot coal mines to state entities

    To start with, the Coal Ministry is trying to allow commercial extraction of coal in mines which are already with state governments.

  • Goa Budget excludes mining revenue estimate Mar 26, 2015 09:35 AM IST

    Goa Budget excludes mining revenue estimate

    Mining is a key source of revenue for the coastal state. Goa is estimated to have lost a revenue of Rs 900 crore after mining activity came to a halt over two years ago following allegations of large-scale illegal extraction of iron ore.

  • Mkt will become buy once Nifty hits 8400; sell rally: Elara Mar 19, 2015 09:12 AM IST

    Mkt will become buy once Nifty hits 8400; sell rally: Elara

    Harendra Kumar of Elara Capital believes if the market continues to stay higher, long-term investors and traders will look to book profits and the market will go into a consolidation phase.

  • MoEF revokes suspension on mining leases in Goa Mar 17, 2015 06:55 PM IST

    MoEF revokes suspension on mining leases in Goa

    In a major step towards resumption of mining, union ministry of environment and forest on Tuesday ordered revocation of suspension on the environment clearances on state's mining leases.

  • RS will decide on sending MMRD Bill to select panel: Tomar Mar 11, 2015 01:50 PM IST

    RS will decide on sending MMRD Bill to select panel: Tomar

    Speaking exclusively to CNBC-TV18, mines minister Narendra Singh Tomar re-iterated that MMDR Bill is important for mining sector and will promote jobs.

  • Jan IIP may disappoint significantly, says Nomura Mar 03, 2015 03:00 PM IST

    Jan IIP may disappoint significantly, says Nomura

    "Overall the first half of FY15 was very weak for corporate growth relative to historic trends. While there has been some pick-up in Q3, the seasonality in growth is less pronounced and going by January trends, looks like industrial growth will disappoint significantly," Nomura said in a research report.

  • Budget fails to bring relief for Goa mining industry Feb 28, 2015 04:51 PM IST

    Budget fails to bring relief for Goa mining industry

    Goa Mineral Ore Exports Association (GMOEA) Secretary Glenn Kalavampara told reporters here that they had a lot of expectations from the Budget, especially on a complete scrapping or cut in export duty.

  • Coal mining cost low from Gare Palma IV/7: Monnet Ispat Feb 23, 2015 12:57 PM IST

    Coal mining cost low from Gare Palma IV/7: Monnet Ispat

    Gare Palma IV-7 mine in Chhattisgarh, earmarked for the non-power sector, was the most sought after one in the current lot put on auction in the first tranche.

  • Nifty soars for 6th day, Sensex up 184 pts; banks, IT lead Feb 18, 2015 04:33 PM IST

    Nifty soars for 6th day, Sensex up 184 pts; banks, IT lead

    The buying spree continued for the sixth consecutive session on Wednesday as the benchmark indices added more than half a percent gains. Private banking & financials, technology and FMCG stocks supported the indices.

  • HC relief for Sesa, Sarda; coal auction as per schedule Feb 13, 2015 09:38 PM IST

    HC relief for Sesa, Sarda; coal auction as per schedule

    Sesa Sterlite had bid for nine coal blocks and due to technical glitch it could not qualify in the technical rounds. Financial bids will be opened for two coal blocks on saturday - Talabira-I for the power sector and Sial Goghri which is for the non regulated sector.

  • Union Budget 2015: Fast track OKs, coal rules, mine auctions key for metal cos Feb 12, 2015 02:15 PM IST

    Union Budget 2015: Fast track OKs, coal rules, mine auctions key for metal cos

    The government should reduce inefficiencies in Coal India and railways to help curtail the coal deficit in India, reduce logistical bottlenecks and costs for the metals and mining industry, says Morgan Stanley

  • Adani Enterprises likely to announce restructuring plan tom Jan 29, 2015 12:05 PM IST

    Adani Enterprises likely to announce restructuring plan tom

    The restructuring is mainly to remove the holding structure and then focus on the core business of the left entity, which would be mining, trading, agri, logistics etc.

  • Amended MMDR Act may end current impasse: Sesa Sterlite Jan 23, 2015 09:31 PM IST

    Amended MMDR Act may end current impasse: Sesa Sterlite

    Hit by the mining ban in states like Goa and Karnataka, Vedanta Group Company, Sesa Sterlite is hopeful that the amendment to Mines and Minerals Development & Regulation Act will put an end to the current impasse.

  • Need level playing field in MMDR Ordinance: JSW Steel Jan 19, 2015 06:25 PM IST

    Need level playing field in MMDR Ordinance: JSW Steel

    Seshagiri Rao says there are captive mines that are already available free of cost and will get extended for may be 15 years.

  • Rio Tinto to invest $500 mn in MP diamond project Jan 12, 2015 08:43 PM IST

    Rio Tinto to invest $500 mn in MP diamond project

    Global mining giant Rio Tinto today said it is planning to invest USD 500 million in a diamond project in Madhya Pradesh, while it would create 30,000 jobs in diamond cutting business in India.

  • Sesa Sterlite up 5% on Kotak upgrade; metal stocks in focus Dec 29, 2014 02:56 PM IST

    Sesa Sterlite up 5% on Kotak upgrade; metal stocks in focus

    According to Kotak, key triggers that can drive the stock include strong zinc pricing outlook from mine closures and also expects some asset sweating now from aluminum investments that are idle for long.

  • Cabinet may pick up land, mining ordinances this week Dec 29, 2014 09:04 AM IST

    Cabinet may pick up land, mining ordinances this week

    The land ordinance will not change Land Act Compensation Clause. It is only aimed at simplifying land acquisition for PPP projects and may do away with social impact study for PPP.

  • Ordinance route for Insurance, Coal Bill pragmatic: Mint Dec 23, 2014 11:29 AM IST

    Ordinance route for Insurance, Coal Bill pragmatic: Mint

    Anil Padmanabhan, deputy managing editor of Mint says what is happening in the legislature is a decoupling of political strength. The deadlock in the Rajya Sabha is a big blow to the legislative ambitions of the NDA, particularly the BJP, he adds.

  • Mining should be looked at closely to improve macros: SBI Dec 15, 2014 10:54 AM IST

    Mining should be looked at closely to improve macros: SBI

    According to Arundhati Bhattacharya, Chairman of State Bank of India, the treasury profits are definitely better than what it were 6 months ago.

  • Better times ahead for Indian job market? Dec 09, 2014 10:18 PM IST

    Better times ahead for Indian job market?

    The 3 months of January, February and March may be a good time to look for a job... Because that's when a large segment of India Inc expects to increase its hiring.

  • Goa govt to renew additional 8-10 mining leases Nov 07, 2014 02:58 PM IST

    Goa govt to renew additional 8-10 mining leases

    These leases are being renewed post the 2012 mining ban. Once these mining leases are granted, environmental and forest clearances will have to be acquired before starting the mining process.

  • JSW Steel fall over 4% after CBI enquiry on officials Oct 28, 2014 12:30 PM IST

    JSW Steel fall over 4% after CBI enquiry on officials

    Shares of JSW Steel fell by over 4 percent in the backdrop of the CBI registering a Preliminary Enquiry (PE) against unknown officials of the company over alleged diversion of forest land for a mining project in Jharkhand.

  • Coal India falls 2%, commercial sale option hurts sentiment Oct 21, 2014 12:56 PM IST

    Coal India falls 2%, commercial sale option hurts sentiment

    Investors of the state-run company are concerned that about the enabling clause within the ordinance that will allow commercial players in the coal mining business, once okayed. It is said this provision will serve as a threat to Coal India to ramp up its production.

  • HSCL sitting on highest-ever order book at over Rs 6,000 cr Oct 20, 2014 04:43 PM IST

    HSCL sitting on highest-ever order book at over Rs 6,000 cr

    The Kolkata-based company said it received fresh orders worth Rs 2,649 crore during the last fiscal, which is a growth of staggering 96.5 percent over the previous fiscal.

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