Mining
AngloGold looks to sell mines in the US, Mali to reduce debt
02 Apr 2015
The world’s third-biggest gold producer, S Africa’s AngloGold Ashanti Ltd, has put on the block its three gold mines to raise capital to reduce its debt
Coalgate: SC stays trial court summons to Manmohan Singh, others
01 Apr 2015
The stay also applies to the summons issued to Hindalco chairman Kumar Mangalam Birla, former coal secretary PC Parakh and three other accused, including Hindalco and its officials Shubhendu Amitabh and D Bhattacharya
Adani meets Queensland premier amidst fresh green threat to mine project
31 Mar 2015
Adani says the mine will create 10,000 jobs and fetch $22 billion in taxes and royalties to Queensland state, but the environment group argues that the 280 sq km Carmichael mine would destry the country's ecosystem and pollute the world
Rio Tinto to cut 1,500 jobs amidst price slump
27 Mar 2015
It is expected that the bulk of the job cuts will come from Western Australia, where the company’s iron ore operations are concentrated
Rajya Sabha clears mining bill without too much fuss
20 Mar 2015
The new mining bill to introduce auction of mining blocks to enhance transparency passed the Rajya Sabha today, ensuring that it will be enacted to replace an earlier ordinance
Coal ministry delays award of 5 more coal blocks
16 Mar 2015
SBI rebuts reports of killing Adani’s $1-bn loan proposal
14 Mar 2015
The State Bank of India has denied reports emerging on Friday that it had decided to scotch the Adani Group’s $1-billion loan application for its Australian coal project, but admitted that the proposal is in limbo
SBI to refuse Adani loan for Queensland project: report
13 Mar 2015
SBI seems to have weighed factors, including poor coal prices and the lengthy timeline of the $7 billion coal project as also the political and environmental opposition, before turning down the loan request
Coalgate: Congress stands solidly behind Manmohan
12 Mar 2015
This is the first time that the top Congress brass has taken to the streets after the party's debacle in the Lok Sabha elections in May last year
‘Coalgate’ summonses: top business leaders back Birla
12 Mar 2015
Corporate leaders have come out strongly in support of Aditya Birla Group chairman Kumar Mangalam Birla, saying that there was nothing wrong in a business house making representations to ministers or government officials
CBI court summons former PM Manmohan Singh in coal scam case
11 Mar 2015
While the court move coincided the stalling of the mining bill in the Rajya Sabha, the fact remains that a rejection of the bill will also block the Rs2,00,000 crore gains to the government from sale of the first 32 coal blocks
Rajya Sabha blocks mining bill, insists on select panel
11 Mar 2015
The opposition has used a perfectly constitutional method to stall the bills as a joint session of parliament cannot be called till the select committees submit their reports and the Rajya Sabha takes a final view on them
Coal, spectrum auctions already past Rs3 lakh crore
10 Mar 2015
The ongoing auctions of coal blocks and radio spectrum have together already added over Rs3 lakh core to the government’s kitty as of Monday; the auction for both the resources continues
Hindalco, Jindal Power bag 1 coal mine each on 3rd day of auctions
07 Mar 2015
Under the second leg of auction, the government has put 15 blocks for sale, which are under ready-for-production category
Featured articles
The remarkable Ratan Tata
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One newspaper report of Ratan Tata’s passing away showed an old photo of him climbing into the cockpit of a Lockheed Martin F-16 fighter.
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