The multi-product SEZ will bring in more than Rs 2.11 lakh crore of net foreign exchange in 30 years.
Several Delhi hospitals treating Covid-19 patients faced a major medical oxygen crisis with their depleting stock for the second consecutive day, prompting the Centre to increase the city's quota to 480 metric tonnes against the AAP dispensation's demand of 700 MT.
ArcelorMittal could be interested in Bhushan Steel or Essar Steel, two of the five steel companies referred by RBI for insolvency proceedings.
What started in 2009 as a five-location service has seen a steep expansion.
Factories are shutting down owing to a shortage of labour and raw materials, and a lack of logistical support amid the ongoing nationwide lockdown against the coronavirus pandemic.
Environment ministry has given its go-ahead to POSCO's planned steel plant in the country, but has asked it to spend on "social commitments", a company spokesman said, raising the project's cost by $600 million to $12.6 billion.
The government is working to expedite clearances to $12 billion project of steel major Posco in Odisha that was awarded environment clearance last week, Commerce and Indutry Minister Anand Sharma said on Tuesday.
The government will soon issue guidelines for regulation of OTT (over the top) platforms that will address issues such as sensitive content, the Rajya Sabha was informed on Tuesday.
POSCO officials have said it was unlikely to build the plant without assured supply of iron ore.
Sharma agrees to expedite the Odisha project; offers clarity to Tesco on sourcing norms; to meet Etihad delegation.
Violence had marred the acquisition yesterday following allegations of police crackdown on opponents.
After being halted for more than a year, land acquisition for the showpiece Rs 52,000-crore Posco steel plant in Odisha resumed on Sunday amid clashes between police and protesters.
In corporate India where family disputes have become far too common, the Miglanis work as a team.
Chants of 'Jai Jagannath' rent the air all over as the news about the Supreme Court giving its nod for holding the world famous car festival in the pilgrim town reached the state bringing cheers among people, irrespective of caste, creed and religion.
In 2009, ArcelorMittal had picked up a stake in Uttam Galva Steels. A new Section 29A of the IBC prohibits promoters of companies with NPAs of more than a year from bidding for these companies.
Out of the 192 mining leases of iron and manganese ores in Odisha, 94 do not have environment clearance.
Ten central trade unions except Bharatiya Mazdoor Sangh are observing one-day general strike on Thursday to protest against various government policies.
Promoters have not proved they mean well for the community.
To look at it rationally, a steel plant in Visakhapatnam without ownership of mines perhaps will not be worse off if it starts using Australian ore instead of hauling the mineral from Bailadila in Chattisgarh, especially when sea freight is down and rail charges are up.
Adani Ports has agreed to acquire DhamraPort in Odisha from Tata Steel and L&T Infrastructure Development Projects (L&T IDPL) for about Rs 5,500 crore.
The projects coming up in Bihar, Jharkhand and Odisha will together add 16,000 MW capacity to country's power generation.
The trading firm is under pressure from lenders to raise funds.
In order to keep the interest of new and small players intact, the coal ministry is offering only small- and medium-sized coal mines in the second round.
The uptick in prices ranging from steel to wheat could benefit lots of commodity-based companies -- from State-owned SAIL to the agro exporters.
JSW Steel is learnt to have submitted its resolution plan along with AION Capital
With the stock market entering a bull phase, many believe the Singals can bring in the much-needed equity capital and reduce their debt.
Instead of waiting for the government to do everything , the company has formed a crack team to persuade the villagers' opinion in their favour
Naveen Patnaik's guest list has been prepared with an eye on the forthcoming Lok Sabha and assembly polls, reports Archis Mohan.
Ten betel vine plantations were dismantled in the first few hours without any resistance from locals, official sources said, adding that payments would be made soon.
Land acquisition for the Posco steel plant continued for the third day on in Odisha's Jagatsinghpur district as anti-Posco as protestors took out a rally defying prohibitory orders carrying bodies of three activists.
For states like West Bengal, Bihar, Odisha, Jharkhand and Uttar Pradesh, where migration is high, the return of workers could be as much an opportunity as a liability. All states have launched portals to register migrant workers; additional fields like nature of employment and remuneration in the past 2-3 years are being added to help in skill mapping.
President Ram Nath Kovind along with First Lady Savita Kovind, Vice President Venkaiah Naidu and other leaders joined the fellow citizens on Sunday to express their gratitude towards all those who are safeguarding the health of the nation in wake of the coronavirus outbreak.
About 250 acres of land had been acquired during four days of acquisition drive undertaken last month.
Rejecting a UN panel recommendation for halting Posco's port-to-steel plant project, both the Republic of Korea and the Odisha government on Monday exuded optimism to go for the ground-breaking ceremony of the proposed facility near Paradip early next year.
How many 22 year olds gets the ears and eyes of Yogi Deveshwar, Kumarmangalam Birla, Shashi Ruia, T V Narendran and Naveen Patnaik?
Anti-corruption crusader Anna Hazare on Friday opposed entry of foreign companies in the country, including steel major POSCO, saying such investors were exploiting the country's natural resources for their own gain in the name of setting up industries.
The finance ministry on Monday said it will transfer Rs 6,000 crore as the second tranche of GST compensation shortfall to 16 states and 3 Union Territories -- including Maharashtra, Bihar, Assam, Puducherry and Delhi. The Centre had on October 23 transferred Rs 6,000 crore to 16 states and 2 UTs of Delhi and Jammu and Kashmir. In the second tranche of transfer, Union Territory of Puducherry has been included.
The Central Bureau of Investigation is likely to file its status report in the coal scam before the Supreme Court on Tuesday stating details of its 14th FIR against Hindalco and others and also progress in the remaining 13 cases.
The finance minister is out attracting investment in the country but in absence of a land acquisition policy; foreign investment will continue to suffer as it did in case of Posco and Vedanta.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances