News for 'State for Steel'

10 dead, 22 Army personnel among 82 missing in Sikkim flash flood

10 dead, 22 Army personnel among 82 missing in Sikkim flash flood

Rediff.com5 Oct 2023

The release of water from the Chungthang dam led to a sudden increase in water levels up to 15-20 feet high downstream, defence spokesperson Lt Col Mahendra Rawat said.

Yeddyurappa got Rs 40 crore for helping Jindal Steel: CBI

Yeddyurappa got Rs 40 crore for helping Jindal Steel: CBI

Rediff.com16 Oct 2012

The chargesheet states that Yeddyurappa and his sons received illegal gratification to the tune of Rs 40 crore from Jindal Steels. In return, Yeddyurappa -- who was the chief minister then -- helped process the mining lease applications for Jindal.

Man lynched on suspicion of transporting beef in Nashik

Man lynched on suspicion of transporting beef in Nashik

Rediff.com26 Jun 2023

This is the second incident in Nashik in nearly two weeks of killing of a person by 'cow vigilantes'.

'Building a war chest essential for expansion'

'Building a war chest essential for expansion'

Rediff.com3 Oct 2023

'To sustain our growth trajectory, we must continue to explore and capitalise on growth opportunities.'

'Black swan events are becoming increasingly frequent'

'Black swan events are becoming increasingly frequent'

Rediff.com6 Nov 2023

If the war in the Israel-Gaza region escalates into a larger West Asian conflict, it could pose problems.

We are not obsessed about our debt: Tata Steel MD

We are not obsessed about our debt: Tata Steel MD

Rediff.com26 Jun 2014

Tata Steel is fine-tuning strategies to enhance revenues.

Jindal Steel's Rs 80,000 cr Odisha projects in limbo

Jindal Steel's Rs 80,000 cr Odisha projects in limbo

Rediff.com3 Nov 2013

JSPL is under CBI lens for giving wrong information about its land, water supply and previous allocations to get coal block in Jan 2008.

'Trapped workers played cricket'

'Trapped workers played cricket'

Rediff.com1 Dec 2023

'I decided to send a bat and a ball which was smaller in size so that it shouldn't get stuck in the pipe. And with that, they had a little good time.'

Bhilai steel plant gas leakage: Magisterial probe ordered

Bhilai steel plant gas leakage: Magisterial probe ordered

Rediff.com13 Jun 2014

A magisterial probe has been ordered into the incident of leakage of poisonous gas at Steel Authority of India Limited's Bhilai plant in which six people, including two deputy general managers, were killed and about 30 others injured.

Rescued worker tells Modi how they survived

Rescued worker tells Modi how they survived

Rediff.com29 Nov 2023

The 41 workers, who were rescued from Uttarakhand's Silkyara tunnel in a multi-agency rescue operation, kept their spirits up while trapped inside by taking morning walks and practising yoga, a rescued worker told Prime Minister Narendra Modi.

Pragati Maidan: A Walk In Time

Pragati Maidan: A Walk In Time

Rediff.com12 Aug 2023

'A microcosm of India, inclusive and welcoming'. For years, Pragati Maidan was the centre of Delhi's social life.

Maharashtra signs MoUs worth Rs 1.37 lakh cr in Davos

Maharashtra signs MoUs worth Rs 1.37 lakh cr in Davos

Rediff.com18 Jan 2023

Maharashtra Chief Minister Eknath Shinde on Wednesday said Memorandums of Understanding worth Rs 1.37 lakh crore have been signed at the World Economic Forum (WEF) annual meeting in Davos in Switzerland and termed it as a "big achievement". This will generate employment for one lakh people, said Shinde, who was in Davos to seek investments in Maharashtra. "The MoUs will not remain just on paper," he said, adding that foreign investors have shown trust and faith in the state government.

COVID-19 surge: More states opt for lockdown-like curbs

COVID-19 surge: More states opt for lockdown-like curbs

Rediff.com20 Apr 2021

The Centre stressed that the next three weeks will be critical for the country reeling from the worst health crisis as it announced a series of measures to shore up medical infrastructure and supplies and scale up vaccination.

Sensex gains 179 points in highly volatile trade

Sensex gains 179 points in highly volatile trade

Rediff.com10 May 2023

Among the Sensex firms, IndusInd Bank, Power Grid, Tata Motors, Bajaj Finance, NTPC, HDFC Bank, Reliance Industries, Nestle and Kotak Mahindra Bank were the major gainers. Infosys, State Bank of India, Tata Steel, Hindustan Unilever and Titan were the major laggards.

States can mine, sell coal

States can mine, sell coal

Rediff.com17 Dec 2015

The coal-bearing states shall be getting additional revenue from such coal mines.

GST shortfall: Centre to transfer Rs 6,000 cr to 16 states, 3 UTs

GST shortfall: Centre to transfer Rs 6,000 cr to 16 states, 3 UTs

Rediff.com2 Nov 2020

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.

Graft case: FIR against Union steel minister, wife

Graft case: FIR against Union steel minister, wife

Rediff.com4 Aug 2009

Virbhadra Singh and his wife Pratibha Singh were booked on Monday night by the state vigilance and anti-corruption bureau under relevant sections of the IPC (Indian Penal Code).

'India is big enough to have over 4 airlines'

'India is big enough to have over 4 airlines'

Rediff.com28 Oct 2023

'Within five years, we should be achieving more on the international front than what it took most airlines 15 to 20 years back.'

Essar JV to set up $527 mn steel plant in Vietnam

Essar JV to set up $527 mn steel plant in Vietnam

Rediff.com12 Feb 2007

Essar Steel said on Monday it has joined hands with two state-run Vietnamese companies for setting up a two million tonne steel plant in southern Vietnam at a cost of $527 million (about Rs 23.71 billion).

Markets end in red; Sensex down 161 points

Markets end in red; Sensex down 161 points

Rediff.com3 May 2023

Benchmark indices ended lower on Wednesday, halting their eight days of rally, ahead of the US Federal Reserve's interest rate decision and mixed global market trends. Also, fall in index majors Reliance Industries, Tata Consultancy Services, Infosys and Larsen & Toubro added to the weak trend in equities. The 30-share BSE Sensex declined 161.41 points or 0.26 per cent to settle at 61,193.30.

'What the rat miners did was tremendous'

'What the rat miners did was tremendous'

Rediff.com29 Nov 2023

'These are people whom very few give importance and they were doing a mammoth job for the nation.'

Stock markets rally for 3rd day; Sensex ends up 345 points

Stock markets rally for 3rd day; Sensex ends up 345 points

Rediff.com29 May 2023

From the Sensex pack, Mahindra & Mahindra climbed 3.71 per cent after the company reported an 18 per cent jump in its consolidated profit for the March quarter and the highest-ever annual profit of Rs 10,282 crore in FY23. Titan, Tata Steel, HDFC, UltraTech Cement, State Bank of India, ITC, IndusInd Bank, NTPC, HDFC Bank and Bajaj Finserv were the other major gainers. HCL Technologies, Power Grid, Maruti, Wipro, Tata Consultancy Services, ICICI Bank, Infosys, Tech Mahindra and Hindustan Unilever were the laggards.

Britain imposes export ban on Tipu Sultan's rare sporting gun

Britain imposes export ban on Tipu Sultan's rare sporting gun

Rediff.com29 May 2023

A rare 18th century decorated gun made in India for Mysore ruler Tipu Sultan, and valued at around GBP 2 million, has been barred from export to allow time for a UK-based institution to acquire it for the public study of a "fraught period" in India-UK history.

Sensex jumps 418 points to 6-month high

Sensex jumps 418 points to 6-month high

Rediff.com13 Jun 2023

From the Sensex pack, ITC, Titan, Asian Paints, Reliance, Tata Steel, Bajaj Finserv, Axis Bank, Hindustan Unilever, Infosys, Bajaj Finance, Nestle and ICICI Bank were the major gainers. Kotak Mahindra Bank, Mahindra & Mahindra, HCL Technologies, State Bank of India, Bharti Airtel and Tata Motors were among the laggards.

Orissa seeks legal views on Posco, Vedanta

Orissa seeks legal views on Posco, Vedanta

Rediff.com29 Oct 2010

The state government has already decided to challenge Orissa High Court's July 14 judgement that set aside recommendation of Posco-India's name for prospecting license (PL) over Khandadhar iron ore reserve.

Sensex falls 223 points; FMCG, IT stocks drag

Sensex falls 223 points; FMCG, IT stocks drag

Rediff.com9 Jun 2023

Equity benchmark indices Sensex and Nifty stayed on the back foot for the second straight session on Friday as investors offloaded FMCG, IT and teck stocks amid a weak opening in European markets. Selling pressure in index heavyweight Reliance Industries also added to the weak trend in equities. The 30-share BSE Sensex fell 223.01 points or 0.35 per cent to settle at 62,625.63.

Amid Maha-Guj row, Gadkari's letter to Tata surfaces

Amid Maha-Guj row, Gadkari's letter to Tata surfaces

Rediff.com29 Oct 2022

The letter shared with the media on Saturday comes amid Maharashtra losing several big-ticket projects to neighbouring Gujarat.

Fresh notices to Tata Steel, JSPL on coal allocation

Fresh notices to Tata Steel, JSPL on coal allocation

Rediff.com16 Jan 2015

The government on Friday issued fresh show cause notices to prior allottees of coal blocks like JSPL, JSW and Tata Steel, asking reasons behind delays in mines development and warned of deduction in their bank guarantees if they failed to furnish replies.

Supply shocks led to price rise during pandemic, says SBI report

Supply shocks led to price rise during pandemic, says SBI report

Rediff.com25 Apr 2023

The price hikes during Covid were more because of supply chain and logistics disruptions caused by the pandemic and the Ukraine war rather than firms increasing prices because of higher pricing power, a report by State Bank of India (SBI) said. "It is thus incorrect to infer that concentration power dictated pricing capacity of firms, thus resulting in unyielding core inflation," the report authored by Soumya Kanti Ghosh, group chief economic adviser, SBI, said. A recent research article by former Reserve Bank of India (RBI) deputy governor Viral Acharya had observed that persistence of core inflation in India is due to purchasing power of top-five corporate houses.

Sensex ends down 372 points; IT counters drag

Sensex ends down 372 points; IT counters drag

Rediff.com17 May 2023

Among the Sensex firms, Kotak Mahindra Bank, Asian Paints, Tata Consultancy Services, HCL Technologies, Infosys, Tata Steel, Wipro, Bajaj Finance, Tata Motors, Titan and Bajaj Finserv were the major laggards. In contrast, IndusInd Bank, ITC, Bharti Airtel, Maruti, UltraTech Cement, Mahindra & Mahindra and State Bank of India were the gainers.

Posco may move steel project to WB

Posco may move steel project to WB

Rediff.com5 Nov 2004

Essar to set up Rs 178 bn steel plant in Karnataka

Essar to set up Rs 178 bn steel plant in Karnataka

Rediff.com6 Feb 2009

The state government has cleared the proposal and the plant is to be set up at Bagalkot, industry sources said, adding that project details were being worked out. Initially, the plant would have a 3 mtpa capacity which would be doubled to 6 mtpa in the second phase. The proposal is to set up a pellet plant, a coke oven plant and a battery in the first phase. Essar has asked the state government to lease an iron ore mine for uninterrupted supply of the raw material.

Tata Sons chairman Chandrasekaran earns Rs 113 cr as FY23 remuneration

Tata Sons chairman Chandrasekaran earns Rs 113 cr as FY23 remuneration

Rediff.com10 Aug 2023

Tata Sons chairman Natarajan Chandrasekaran was paid Rs. 113 crore as remuneration for 2022-23 (FY23), including Rs. 100 crore as commission on profit. Chandrasekaran, 60, often referred to as Chandra, received a remuneration of Rs. 109 crore in 2021-22 (FY22). With this, Chandra has emerged as one of the highest-paid chief executive officers (CEO) in Corporate India for FY23.

200 ambulances, 1200 personnel worked at Odisha train crash site

200 ambulances, 1200 personnel worked at Odisha train crash site

Rediff.com3 Jun 2023

Balasore district hospital looked like a war zone with the injured lying on stretchers in the corridor and rooms bursting at its seams with extra beds propped up.

Markets jump over 1%; Sensex ends up 721 points

Markets jump over 1%; Sensex ends up 721 points

Rediff.com26 Dec 2022

From the Sensex pack, State Bank of India, IndusInd Bank, Bajaj Finserv, Tata Steel, ITC, Axis Bank, HDFC Bank, UltraTech Cement, NTPC and Tata Motors were the major winners. Nestle, Kotak Mahindra Bank, Bharti Airtel, HCL Technologies and Hindustan Unilever were the laggards.

NIA most wanted among 3 terrorists arrested in Delhi

NIA most wanted among 3 terrorists arrested in Delhi

Rediff.com2 Oct 2023

Delhi Police on Monday arrested one of National Investigation Agency's (NIA) most wanted terrorists Mohammad Shahnawaz Alam and his two associates who were part of an Inter-Services Intelligence (ISI)-sponsored module 'disguised' as an Islamic State (IS) module and seized incriminating material, including those suspected to be used in an improvised explosive device (IED) fabrication, officials said.

In Oval, Biden, Modi spent 'plurality' of time on China: Official

In Oval, Biden, Modi spent 'plurality' of time on China: Official

Rediff.com24 Jul 2023

Modi met Biden for all three days between June 21 and June 23 during the Indian prime minister's state visit to the US.