Forest land measuring 1838.79 hectares in Odisha has been diverted for 15 industrial projects in the state between 2004 and 2013.
Young MPs show interest in joining Territorial Army
JSPL, Tata Power, Monnet Power, Jindal Photo in the dock.
'Politicians want pliable policemen who would carry out their orders, right or wrong, lawful or illegal.'
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Major corporates are staring at an uncertain future after investing substantially on their projects
Meeting in the midst of a raging controversy, an inter-ministerial group on coal blocks on Monday skirted a decision on cancelling allotments of 58 mines, but firmed up the guidelines for forfeiting of bank guarantees for failure to develop them.
Asserting that he didn't believe in hyphenated identities, Louisiana Governor Bobby Jindal has said that his parents came to the US from India four decades ago to become Americans and not Indian-Americans.
The Central Bureau of Investigation is probing "all angles" in the Ishrat Jahan case including the statements of some witnesses claiming knowledge of political conspiracy behind the fake encounter involving the Gujarat Police and the Subsidiary Intelligence Bureau.
Power Minister O P Jindal has been identified as one of the victims of the crash.
Essar Group has bid $150 million for taking over an Australian coal firm, Rocklands Richfields Ltd, bettering an earlier offer from Jindal Steel and Power Ltd.
The Hinduja Group, Mukesh Ambani, Murugappa, and the Adani groups were the other gainers in the Modi regime, while Naveen Jindal and Sun Pharma groups saw the most erosion in their m-cap in the last five years, reports Krishna Kant.
Russia's war on Ukraine has sent steel prices soaring to its highest levels in the domestic market since November 2021. But there is little cheer in the industry. That's because input costs are spiralling out of control, leaving the big boys nearly as high and dry as the small, medium and secondary steel producers. Russia and Ukraine are major providers of steel and raw materials to the world.
No longer Bengal's finance minister, Amit Mitra, Mamata's principal chief advisor, will still advise and aid the 'chief minister and finance department on all matters relating to management of state finance', represent the 'state government in national and international events/meetings/committees' and examine 'important proposals/files and policy issues relating to financial matters referred to him for advice/views'.
Though the ruling Left Front in West Bengal recorded its worst performance in the recent Lok Sabha polls, industrialists appear to be unperturbed by the changing political wind in the state and believe industrialisation will continue.
Fast cars, marathons, golfing and shooting - nothing stops these high-power tycoons from pursuing their passion.
'Kindly advise about the following stocks. Can I hold or exit?'
The decline in these was mostly due to company or sector-specific issues, say experts.
The CBI opposed the plea seeking summoning of former prime minister Manmohan Singh and two others as additional accused in a coal scam case.
The panel undertook the review of the blocks from September 6-8.
Bharti Airtel, HDFC, ONGC, ITC and CIL emerged as the top gainers.
In power, Mamata Banerjee has tried to bury the ghost of the past, but it might still be work-in-progress. Big-ticket and eye-grabbing (in terms of investment size) projects are still few and far between, reports Ishita Ayan Dutt.
'Even during the worst days during the 1990s, India was dealing with the Taliban.'
A primary producer said that the prices would be raised in tranches this month and the total increase could be Rs 6,000 a tonne.
One of the beneficiaries is Jindal Steel and Power, which had earlier been kept out of procurement for rails
'Imagine China pursuing its aims in Jammu and Kashmir by using Pakistani and now Afghan proxies.'
India's top listed companies reported their best-ever quarterly net profit of Rs 2.39 trillion in the September quarter of FY22, up 46.4 per cent year-on-year. The earnings were driven by a big surge in the profitability of banks, non-banking financial companies & insurance (BFSI), oil & gas, and metal & mining firms. The combined net profit of these three cyclical sectors were up 87 per cent YoY to a record high of Rs 1.53 trillion, up from Rs 82,000 crore a year ago and Rs 1.08 trillion in Q1FY22.
India Inc on Wednesday welcomed Tata Steel's acquisition of Anglo-Dutch steel maker Corus while expressing concern that the deal might re-rate the entire steel industry, making steel companies over-valued.
Conor McGregor said on Tuesday he was retiring from the sport, five months after losing to Khabib Nurmagomedov in a controversial title fight
The Finance Ministry has called a meeting of heads of public sector banks to clear stalled projects.
It would pave the way for Jammu and Kashmir to attract large-scale investments, the industry leaders said.
As the WEF summit draws to a close on Saturday, a few big names from India including Mukesh Ambani and Anand Mahindra were missing in action while Pakistan Prime Minister Nawaz Sharif and Jordan's King Abdullah II were among global leaders who cancelled their trips at the last moment.
'The growth drivers are mostly invisible, but the growth is undeniable at least for now,' notes Debashis Basu.
In an urgent need for its image makeover, the scam-tainted coal sector will require mammoth efforts in 2015 from the government and the corporates too.
The Tilaiya project is a part of the government's showcase UMPP scheme under which a power generation capacity of around 50,000 Mw is planned to be created through 13 of such mega projects, which will come up mostly in the Twelfth Plan period.
Even if the Paytm fiasco does not mark the end of the bull run, at least some sanity will return to the wild IPO market, observes Debashis Basu.
Top leaders from India Inc may be busy throughout the year, but they too have a very strong social life beyond work.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
CEOs fear any change in status of the mines will mean disruption in production, loss of investment and increased production cost for user industries.
22 companies won bids for the 31 contracts on offer; 15 were new entrants to the oil and gas business. Three years on, none of them have started production.
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