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Mining Scandal

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  • India's moves to curb iron ore exports, mining

    A two-year old ban on iron ore exports from Karnataka which has halved shipments from the world's No. 3 supplier will take centre stage at an industry gathering in Bangalore this week as pressure mounts to lift the restriction.

  • Possibilty of de-rating JSW Steel exists: Angel Broking

    The stock of JSW Steel has been beaten down due to the mining scandal that it is embroiled in. Today, it has fallen by 11% and by 20% over the past week. According to Bhavesh Chauhan, metal analyst at Angel Broking, the company may get de-rated due to this.

  • K'taka's political crisis to further delay iron ore exports

    Iron ore shipments Karnataka could see further delays, buoying global prices, amid a mounting political crisis after the state's chief minister agreed to quit over a USD 3.6 billion illegal mining scandal.

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