An accountant in Bokaro district, India, has been arrested for allegedly embezzling over Rs 6 crore from the treasury's salary disbursement account. Investigations are ongoing to determine the full extent of the fraud.
The leakage occurred from the blast furnace area-two of the steel plant and the affected were rushed to Bokaro General Hospital
Three treasury employees in Hazaribag, Jharkhand, have been arrested for allegedly embezzling Rs 15.41 crore from government bank accounts over eight years, prompting criticism from the opposition BJP.
The Jharkhand government has ruled out the transfer of any portion of surplus land from Bokaro Steel Plant of state-run Steel Authority of India (SAIL) to private investors to set up industries.
Two goods trains derailed in Jharkhand's Seraikela-Kharswan district, leading to the cancellation and diversion of several express and passenger trains.
The enduring relationship between the two countries have survived the disintegration of the erstwhile USSR in 1991, the end of the Cold War and the regime change in both countries, points out Rup Narayan Das.
The Kerala Police are investigating the mysterious deaths of an IRS officer, his sister, and their mother in Kochi. The officer, Maneesh Vijay, and his sister, Shalini Vijay, were found hanging inside their house, while their mother, Shakuntala Agarwal, was discovered dead on her bed. Police have not yet established a direct link between the deaths and a CBI case in which Shalini was summoned as an accused. Preliminary findings suggest the siblings died by suicide, but the cause of their mother's death is still under investigation. The family had been residing in the quarters for the past year and a half but reportedly kept to themselves, maintaining limited interaction with neighbours, police added.
The Delhi police Special Cell has busted a terror module with links to Pakistan and arrested five suspected operatives after raids across multiple states, an official said on Thursday.
'While lower steel prices may impact a part of the quarter, this will be offset by softer raw material prices.'
A memorandum of understanding was signed by the AAI and the Jharkhand government for establishing airports in both the cities in the presence of AAI Chairman and Jharkhand Chief Minister Arjun Munda.
Rs 25 lakh can make sure that the medal will bear individual or corporate donor's name for 10 yrs.
Tata Steel has built an iron ore chest of nearly 600 million tonnes (mt) and will look for more as it prepares for life beyond 2030 when its legacy captive mines come up for auction. The lease for four of its existing iron ore mines -- Joda East, Noamundi, Katamati, and Khondbond -- that feed the domestic operation with low-cost iron ore is going to expire in 2030, following changes in mining regulations. The year will also coincide with Tata Steel's ambitious target of doubling steelmaking capacity in India to 40 mt, increasing the need for iron ore. The company is pushing the pedal to ensure that it has enough resources to meet enhanced needs.
On June 30, mining and metals giant Vedanta, announced that it had decided to initiate a strategic review of its steel and steel-making raw material businesses. The review would begin immediately and evaluate a broad range of options, including but not limited to a potential strategic sale of some or all of the steel businesses, the company said in its stock exchange filing. The signs have been there - approaches had been made to steel players over the past year. Last December, Anil Agarwal, chairman Vedanta group, told Business Standard that the steel plant capacity was about 3 million tonnes (mt).
Global steel giant ArcelorMittal is set to relocate its plant proposed in Khunti-Gumla to Bokaro district in the state mainly on account of land acquisition problems
Central Bureau of Investigation officers who probed cases like 2G, CWG scam and horse trading in Jharkhand Rajya Sabha elections are among the 28 from the agency awarded with prestigious the president's police medal for distinguished service and police medal for meritorious service on Republic Day.
Will January 22 mark a point of no return for our Constitutional secularism? asks Shekhar Gupta.
Stating that the Third Front has no policy or commitment, senior Bharatiya Janata Party leader M Venkaiah Naidu on Wednesday termed the 'alternative' combination of parties as a "parking slot."
Some news reports have suggested that the South Korean steel giant is not willing to settle for anything less than a majority stake in the proposed joint venture and has also refused to transfer it's FINEX technology to SAIL.
South Korean steel giant Posco is looking for new opportunities and has now teamed up with state-owned SAIL to set up an about Rs 150-billion (Rs 15,000 crore) steel plant in Jharkhand
An equal joint venture agreement between state-run SAIL and South Korean major Posco is likely to be inked during Steel Minister Beni Prasad Verma's proposed visit to Korea starting November 5.
Mechanised mining is set to become operational in Chiria in three years' time.
One of the beneficiaries is Jindal Steel and Power, which had earlier been kept out of procurement for rails
India's harsh lockdown has left companies grappling with temporary closure, chaotic supply chains and depressed demand. Consequently, business plans have been modified.
The NINL management can see this as their moment of giving back to the nation and humanity. Its plant has an oxygen unit that can produce 418 tonnes of oxygen every day. 418 tonnes is about 58% of Delhi's daily demand for oxygen, notes Sudhir Bisht.
There would be a marginal 3% increase in freight rates.
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