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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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FinMin to meet PSU banks tomorrow to review stalled projs

C Case by case review of some of the major infrastructure projects would be undertaken by the ministry in presence of senior officers of the... ...

http://www.moneycontrol.com/news/economy/finmin-to-meet-psu-banks-tomorrow-to-review-stalled-projs_1368948.html
Essar Steel's Indonesian unit posts $3.79-m profit

Essar Steel said its net profit in Indonesian subsidiary has jumped multi-fold in the financial year ended March 2015 to $3.79 million against... ...

http://www.thehindubusinessline.com/companies/essar-steels-indonesian-arm-net-profit-jumps/article7138282.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication
KCR invites industrialists to invest in Telangana

Popular from Business 'Net neutrality: Free access should never be curtailed' Weak rural growth may be more damaging if rains fail: HSBC Forex... ...

http://www.inooz.in/article/view/4228992/kcr-invites-industrialists-to-invest-in-telangana/042015
Making in India is tough, say steel manufacturers

The central government's Make-in-India initiative is making waves abroad. But in India, the story is different. Steel makers in the country are... ...

http://wap.business-standard.com/article/companies/making-in-india-is-tough-say-steel-manufacturers-115042400047_1.html
Low global prices to encourage iron ore import

India is likely to remain a net importer of iron ore in 2015-16 as the falling international prices might encourage steel majors to continue... ...

http://wap.business-standard.com/article/markets/low-global-prices-to-encourage-iron-ore-import-115042300775_1.html

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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