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1839 hectares of forest land in Odisha given to 15 industries

Posco, Essar Steel, JSPL are among the major beneficiaries.Forest land measuring 1838.79 hectares (ha) has been diverted for 15 industrial projects in Odisha between 2004 and 2013. A written reply......

Naxal activities dent businesses of India's steel companies

Essar’s business of transporting iron ore from Chhattisgarh has been cut to about half its capacity, with Naxal activities casting a shadow on these operations.About two years after Naxalites......

Funding Naxals: Essar Steel GM arrested

J S Verma, general manager of Essar Steel, was on Tuesday arrested for allegedly conspiring in funding Naxal groups in Dantewada area of Chhattisgarh. Verma is the third person to be arrested in......

Zisco to propel Essar Steel into 20-mn-tonne club

Six months after buying a majority 60 per cent stake in Zimbabwean steel company Zisco, Essar Steel is now keen to build on Zisco's foundation and ramp up the existing infrastructure.According to......

Essar to supply plates for warships

Essar Steel on Thursday said it has become the first Indian producer of steel plates approved by the government for supply to the Indian Navy for building strategic war ships."Essar Steel's plate......
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Weak rupee a reprieve for India's steel makers

Mumbai: The recent fall in the Indian currency, which has taken the rupee to near two-year lows against the US dollar, could provide some reprieve... ...

http://www.livemint.com/Industry/LuNUD3i7uzphgAvZmu1jvJ/Weak-rupee-a-reprieve-for-Indias-steel-makers.html
Essar Steel’s defamation case against magazine to be heard on Sept. 9

A local city civil court, on Monday, fixed as September 9 for hearing Essar Steel India Ltds defamation case in which the steel major has demanded... ...

http://www.thehindubusinessline.com/companies/essar-steels-defamation-case-against-magazine-to-be-heard-on-sept-9/article7575467.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
Heavy industries set to rise again in Ballari

Wildlife board clears JSW projects within forest area, says sloth bears will not be affected The crackdown on illegal mining across Ballari... ...

http://www.bangaloremirror.com/news/state/Heavy-industries-set-to-rise-again-in-Ballari/articleshow/48645276.cms
Why bad loans are growing at a faster pace at India's private banks

India's private sector banks have seen their loan books deteriorate at a faster pace than state-owned peers over the past three quarters. (Photo:... ...

http://www.financialexpress.com/article/industry/banking-finance/bad-debts-cloud-outlook-for-india-private-sector-banks-icici-axis-bank/121363/
Indian Steel Association Stalwarts to meet Odisha Chief Minister

Bhubaneswar : Amidst various issues faced by steel industries, steel magnates of India have again requested appointment to meet the Chief Minister... ...

http://www.orissadiary.com/CurrentNews.asp?id=60907

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