May 17, 2013 11:02 (IST)
Shares in cement companies such as Ambuja Cements Ltd gain on hopes a regulatory tribunal may rule in their favour as they challenge price collusions charges from the Competition Commission of India.
London/New Delhi | May 16, 2013 19:58 (IST)
India is calling in specialist monitors to improve the poor quality of coal it is getting for its power stations. Indian utilities complain that poor quality coal reduces the efficiency of power stations, requiring more fuel and an increased need for the costly disposal of pollution.
May 16, 2013 18:59 (IST)
Sterlite Industries Limited, a UK-based Vedanta Group company, today told the National Green Tribunal (NGT) that the complaints of alleged gas leakage from its copper smelting plant in Tamil Nadu's Tuticorin district were "politically motivated".
May 16, 2013 17:45 (IST)
Sterlite Industries' copper smelter will remain shut until at least May 22 when a court will resume hearing into complaints of emissions from India's largest smelter.
Hyderabad | May 16, 2013 15:09 (IST)
The successful bidder will be awarded a 20-year concession contract to operate, while the project will be developed in two phases at an estimated cost of 17.5 billion peso.
New Delhi | May 16, 2013 14:26 (IST)
Additional orders worth Rs 192 crore have been received for one of the operating projects under Power Transmission and Distribution Business, it added.
May 15, 2013 15:49 (IST)
The flagship firm of Hyderabad-based GVK group had reported a consolidated net loss of Rs 20.88 crore during the corresponding quarter of 2011-12.
Hyderabad | May 14, 2013 14:36 (IST)
According to a press release issued by the company, its Transportation Division bagged orders worth Rs 445.54 crore.
May 10, 2013 12:17 (IST)
The government will decide if South Korean steelmaker POSCO can have preferential access to an iron ore mine for its planned $12 billion steel plant, a top court said, providing a boost to the troubled project billed as the country's largest foreign direct investment.
May 08, 2013 23:41 (IST)
The European Union has imposed provisional duties on India's exports of stainless steel wire to counter dumping that has hurt Italian, German and Spanish producers.
May 03, 2013 13:03 (IST)
The manufacturing sector has a fundamental role to play in global economic growth which includes job creation for emerging economies and developed markets, a report by the World Economic Forum says.
May 02, 2013 21:59 (IST)
Increase in coal prices will be required in view of growing need for imports to bridge the demand-supply gap, the Reserve Bank said today.
May 02, 2013 18:22 (IST)
India plans to impose safeguard duties on some iron and steel pipes, tubes and profiles to protect domestic producers from a flood of imports from countries like China and Italy.
May 02, 2013 16:55 (IST)
Manufacturing activities in India may gain momentum in the coming months, given a pickup in export orders, declining prices and improved operating conditions, a survey said today.
April 29, 2013 10:31 (IST)
Griffin Coal, a subsidiary of Lanco Infratech Ltd in Australia, today said the protracted litigation for a claim of AUS$3.5 billion initiated by Perdaman Chemicals against it has been settled.
April 29, 2013 07:52 (IST)
Even as Sajjan Jindal, the chairman and managing director of JSW, said that the steel major has put on hold plans to set up its 10 million tonnes steel plant in West Bengal, Industry Minister Partha Chatterjee on Sunday claimed that the project has not been stalled.
London | April 28, 2013 19:39 (IST)
Steel giant Tata Steel has reportedly warned the British government that it plans to shut down two research and development facilities in the country and shift them overseas including to India, resulting in 300-400 job cuts in the UK.
April 28, 2013 15:58 (IST)
Countrys largest steel maker SAIL has said it expects the domestic demand for the metal to grow by 7-8 per cent this year, although prices may hover at the current level.
April 28, 2013 14:58 (IST)
JSW Steel has put on hold plans to set up a 10 million tonnes steel plant in West Bengal as it has not been able to secure long-term iron ore supplies for the Rs 35,000 crore project.
April 23, 2013 22:33 (IST)
Pitching for pooling the prices of domestic and imported coal, a Parliamentary panel today recommended that a policy mechanism should be worked out on the same.