you are here: HomeNewsMining
mining
Jump to
341 Results Found
  • Cos given 6mths to wind up can't be stopped from mining: SC Oct 16, 2014 05:26 PM IST

    Cos given 6mths to wind up can't be stopped from mining: SC

    A bench headed by Chief Justice H L Dattu said, the apex court had granted six months' time to wind up their operations and the companies cannot be restrained from excavating coal during this period.

  • Sesa expects Goa iron ore mining to resume by Jan/Feb Oct 08, 2014 11:39 AM IST

    Sesa expects Goa iron ore mining to resume by Jan/Feb

    Sesa is India's top private iron ore mining company with most of its operations in Goa, the biggest iron ore exporting state where no mining has taken place since September 2012 due to action against illegal mining.

  • Confidence up, but regulatory woes nag metal cos: Morgan Sep 17, 2014 12:55 PM IST

    Confidence up, but regulatory woes nag metal cos: Morgan

    Brokerage house Morgan Stanley recently met up with metal companies, consultants and government bodies to check out the demand environment, ground level changes, and evolution of the regulatory scenario post elections.

  • Infra, construction growth may remain stressed in FY15 Sep 16, 2014 06:30 PM IST

    Infra, construction growth may remain stressed in FY15

    Only substantial improvements at the operational level would cause a meaningful improvement in their credit profile, given the high leverage levels and negligible cash generation ability of corporates in these sectors.

  • As mining curbs bite, India offers mkt to glut-hit iron ore Sep 16, 2014 08:47 AM IST

    As mining curbs bite, India offers mkt to glut-hit iron ore

    The country may ship in up to 45 million tonnes over the next three years as home-grown iron ore output falls short of domestic steel production needs, an executive at an influential industry group said.

  • Pact for developing CIL mines under PPP in final stage Sep 12, 2014 08:41 PM IST

    Pact for developing CIL mines under PPP in final stage

    The model contract agreement on public-private partnership mode for developing Coal India mines is in the final stage of approval.

  • Sesa Board nod for raising borrowing cap to Rs 80K cr Sep 06, 2014 04:02 PM IST

    Sesa Board nod for raising borrowing cap to Rs 80K cr

    The Board has also approved creation of charge/mortgage over properties of the company for the purpose of the borrowing, Sesa Sterlite said.

  • Coal blocks deallocation will jeopardize investment: JSPL Sep 04, 2014 06:38 PM IST

    Coal blocks deallocation will jeopardize investment: JSPL

    Highlighting the challenges faced by companies seeking to invest in setting up steel plants, he said though India used to produce more than China at one point, China's production has now gone up by 10 times that of India's.

  • Adani welcomes repeal of contested mining tax in Australia Sep 04, 2014 03:44 PM IST

    Adani welcomes repeal of contested mining tax in Australia

    The repeal of the Minerals Resource Rent Tax (MRRT) or mining tax this week underlines the cost-effectiveness of the Carmichael mine, according to Adani's official statement here.

  • CPCB II norm implementation being absorbed by mkt: Cummins Sep 03, 2014 12:00 PM IST

    CPCB II norm implementation being absorbed by mkt: Cummins

    Rajiv Batra is firm on the full-year guidance given by the company, but says it comes with a caveat – the implementation of these emission norms is still being absorbed by the market. Hence, he is on a wait and watch mode.

  • See FY15 growth at 5.5%; downside risks in Q2: Deutsche Bk Sep 01, 2014 01:00 PM IST

    See FY15 growth at 5.5%; downside risks in Q2: Deutsche Bk

    Taimur Baig, Chief Economist of India Global Markets Research at Deutsche Bank believes there is a possibility that in the second quarter, there might be some downside risks – monsoon, power shortage issue, which may hit power production.

  • SC observed allocation illegal, not mining: Amit Kapur Sep 01, 2014 11:33 AM IST

    SC observed allocation illegal, not mining: Amit Kapur

    Amit Kapur, Partner at J Sagar Associates says that coal block de-allocation will have a damaging hit on the Indian economy. However, if the Supreme Court was to de-allocate blocks, it would have done so on August 25 itself.

  • Blanket de-allocation of coal blocks unlikely: Emkay Aug 26, 2014 10:12 AM IST

    Blanket de-allocation of coal blocks unlikely: Emkay

    The ruling, however is likely to cast an overhang on shares of metal, mining and power companies, feels Emkay

  • SC verdict on coal blocks: Pros discuss impact on economy Aug 26, 2014 09:37 AM IST

    SC verdict on coal blocks: Pros discuss impact on economy

    The Supreme Court on Monday declared all captive coal blocks allocated since 1993 as illegal.

  • Steel players may benefit from low coking coal prices: Icra Aug 25, 2014 08:50 AM IST

    Steel players may benefit from low coking coal prices: Icra

    Coking coal prices have declined by around 16 percent in the first quarter of 2014-15 (Q1FY15) over the previous quarter, and the same contract prices have been rolled over in Q2FY15. This followed a 13 percent decline in coking coal prices over the whole of FY'14.

  • Govt mulls mining bill in Winter session Aug 19, 2014 04:22 PM IST

    Govt mulls mining bill in Winter session

    Coal Mines (Nationalisation) Amendment Bill, 2000 was introduced in Rajya Sabha on April 24, 2000 to amend the Coal Mines Nationalisation Act, 1973. This was to allow Indian companies in the private sector to mine coal in the country without the existing restriction of captive mining

  • Mining cap may lead to job cuts: Sesa Mar 12, 2014 10:48 AM IST

    Mining cap may lead to job cuts: Sesa

    If a top court sets a limit on the amount of iron ore it can mine in Goa, Sesa may have to cut jobs.

  • 2005-12: India Inc donated Rs 380 cr to political parties Mar 10, 2014 10:01 PM IST

    2005-12: India Inc donated Rs 380 cr to political parties

    A study by the Association for Democratic Reforms reveals electoral trusts and companies with varied interests in mining, real estate, power and the news paper businesses donated over Rs 127 crore to national parties, while the manufacturing sector came in second, spending about Rs 100 crore towards political donations

  • Good times ahead for iron ore, steel cos: NMDC's Verma Feb 11, 2014 10:30 AM IST

    Good times ahead for iron ore, steel cos: NMDC's Verma

    NMDC increased its iron ore prices by Rs 100 per tonne from February 1 and the iron ore fine prices now stand at Rs 2,910 per tonne.

  • Sesa, JSW accuse each other of manipulating iron ore prices Feb 09, 2014 08:22 PM IST

    Sesa, JSW accuse each other of manipulating iron ore prices

    Leading private iron ore producer Sesa Sterlite alleged that JSW Steel, the largest steel producer in Karnataka, is manipulating prices of iron ore by misusing its dominance in the local market.

  • Cabinet may consider Shah panel report on Odisha mining Feb 06, 2014 03:37 PM IST

    Cabinet may consider Shah panel report on Odisha mining

    The panel has alleged the loss of about Rs 60,000 crore due to illegal mining and violation of mining rules to gain profits by miners in the state.

  • CCI rules out unfair trade practices by NMDC Feb 05, 2014 09:13 PM IST

    CCI rules out unfair trade practices by NMDC

    A complaint filed with CCI by Karnataka Iron and Steel Manufacturer's Association (KISMA) accused the state-owned company of abusing its market dominance by limiting production of the iron ore to the level lower than the approved capacity of mines as well as charging higher prices.

  • 'Telecom, power, oil sectors most exposed to policy risks' Jan 20, 2014 06:46 PM IST

    'Telecom, power, oil sectors most exposed to policy risks'

    Besides policy changes, there can be risks from possible adverse court rulings with litigations pending in a host of scam-ridden sectors like coal, telecom and realty. The stock market too would be highly sensitive to the outcome of the general Lok Sabha elections likely in April-May, it said.

  • CCEA clears changes to Mega Power Policy Jan 02, 2014 08:23 PM IST

    CCEA clears changes to Mega Power Policy

    Power plants are also allowed to sell only 65 percent of their production to state discosm via a competitive bidding. Earlier, power plants used to sell 85 percent of their production to state discoms.

  • Cabinet may take Shah Commission report on mining in Odisha Jan 02, 2014 11:42 AM IST

    Cabinet may take Shah Commission report on mining in Odisha

    The Cabinet may take the Shah Commission report on Mining in Odisha. What it means for the players. CNBC-TV18‘s Nigel D‘Souza gives the details.

Sections