Mining
Adani denied Australian federal funding as greens up the ante
05 Feb 2018
It’s double whammy for Adani with both Australia's opposition and ruling party vying with each other to oppose the $16.5-billion Carmichael coal mine project
Adani ends tie-up with Downer, to go it alone on Australian project
19 Dec 2017
In a setback to Adani, the newly-elected Queensland government led by Premier Annastacia Palaszczuk last week vetoed a A$900-million concessional loan for the construction of a rail line for Adani's Carmichael coal mine project
Coal scam: Ex-Jharkhand CM Koda, former coal secy get 3-year jail
16 Dec 2017
While all four accused were granted statutory bail for a period of two months to enable them to file appeals in the Delhi High Court, Koda would, however, remain barred from electoral politics in the light of a 2013 Supreme Court judgement
Vedanta Q2 net vaults 41% to Rs2,036 cr
02 Nov 2017
Vedanta, Adani eye Rs58,900-cr MP diamond mining project
27 Oct 2017
The project, which was abandoned by global miner Rio Tinto last year, has an estimated deposit of over 27 million carats of diamonds
Rio Tinto’s former CEO faces fraud charges in African coal mine deal
18 Oct 2017
US authorities have filed fraud charges against Rio Tinto and former executives Tom Albanese and Guy Elliot over the 2014 sale of the company’s African coal assets for $50 million, three years after its $3.7 billion acquisition
CBI files FIR against former environment minister Jayanthi Natarajan
09 Sep 2017
She had earlier claimed that the environment clearance for Electrosteel’s mining project was given on "specific requests" from party vice-president Rahul Gandhi, but Gandhi had denied any involvement
BHP Billiton to exit loss-making US shale business
22 Aug 2017
The mining giant, which announced a 192 per cent increase in its net profit to $5.89 billion for the year ended 30 June and a 24 per cent rise in revenues to $38.29 billion, instead opted to reward investors with a three-fold hike in dividend to 43 cents a share and return $2.5 billion to its bondholders
Rio Tinto’s H1 profit more than doubles to $3.94 bn
02 Aug 2017
The Ango-Australian mining giant rewarded shareholders with a bumper dividend totalling $2 billion and an additional share buyback of $500 million, taking total payout to $2.5 billion
Adani gives go-ahead for Australian coal mine project
06 Jun 2017
Pre-construction work on the world’s largest coal mine, which will generate 10,000 direct and indirect jobs, will start in the September quarter, group chairman Gautam Adani said
Adani gets no relaxation in royalties on Australian coal mines
29 May 2017
Adani Enterprises will have to pay entire royalties on the coal it plans to mine from the Carmichael mine project in Queenslad
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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