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Kudremukh Iron Ore Company Ltd

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PSU sell-off planning to begin in August

Work on disinvesting government holdings may gather pace after the first week of August. Administrative ministries of around 15 Public Sector Undertakings have been asked to give feedback on the......

Steel Min may restructure four PSUs

In an initiative to optimise the functioning of four of its PSUs -- MSTC, FSNL, KIOCL and HSCL -- the steel ministry is considering restructuring the companies and has appointed a committee to......

No decision yet on steel price cut

The steel ministry's meeting with the country's major steel producers on price cut on Tuesday ended inconclusively. The two sides are expected to meet again in another two-three days. "We had a......

Green laws turn hurdles for Posco

Posco-India is in a Catch-22 situation. While the Supreme Court's Central Empowered Committee has asked the South Korean steel giant to submit a composite forest diversion proposal for the entire......

Orissa club to withdraw mining application

Stung by the row over its application for iron ore mining leases in Orissa, the state's elite Bhubaneswar Club Ltd is likely to decide on taking back the application next week. "The management......

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