Afghanistan, sitting on vast reserves of iron, copper, cobalt and gold, has invited Indian companies to tap the nearly $1 trillion worth of minerals discovered in the country as the two nations try to enhance and diversify their trade ties.
A suspected "curry war" among two Sydney-based Indian restaurants is heating up, with two food vans being firebombed early on Monday morning.The vans, belonging to 'Maya Da Dhaba' on Cleveland Street, were set on fire along with the food contents stored in the rear of both vehicles.
An explosion triggered by a suspected arson attack ripped apart an Indian restaurant in Sydney, prompting the police to investigate the possible links of the incident to a bomb threat. The Indian restaurant in Sydney was on Monday night engulfed by fire, which the police suspect was 'deliberately lit'. Four people escaped unhurt in the incident. The police are investigating the possibility of links to a bomb threat at the Copper Tiffin restaurant on Cleveland Street.
It will be helpful advice for a chief minister-in-waiting who is going to have to deal with empty coffers and overflowing expectations
The discovery includes huge deposits of iron, copper, cobalt, gold and lithium.
Top sources in the government told Business Standard that Railway Minister and Trinamool Congress chief Mamata Banerjee's opposition to divestment plans of profit-making public sector entities prompted the cabinet not to take it up for discussion today.
Chinese stocks plummeted 9 per cent on Monday
Aiming to raise Rs 40,000 crore (Rs 100 billion) from disinvestment, the government on Wednesday said it will sell its stake in 10 more PSUs, including IndianOil, MMTC, Coal India Ltd, SAIL, RINL and Shipping Corporation, in the current financial year.
BSNL on Monday moved the Supreme Court against an order of telecom tribunal TDSAT, directing it to provide interconnection to Anil Ambani group firm Reliance Communications through copper-based link.
Sixty-nine days after the San Jose gold and copper mine collapsed in Chile, the last of the 33 trapped miners was raised from the depths of the earth on Wednesday. It prompted an eruption of applause and cheers that seemed just as heartfelt as the outpouring that followed the emergence of the first miner nearly a day earlier.
Eleven of the 33 miners trapped in a mine in San Jose, Chile for nearly ten weeks was brought back safely to the surface on Wednesday by a rescue capsule. The capsule has now gone down to rescue the second miner.
The Supreme Court on Friday stayed the order of the Madras high court directing Sterlite Industries to close down its copper smelting plant in Tuticorin, Tamil Nadu.
Of all the treatments available, Ayurvedic medications are considered as the best remedial measures to uplift the depleting calcium levels in the body, notes Mohamad Yusuf N Shaikh, Founder, Kudrati Ayurved Health Centre.
American journalist Mark Scialla was deported after he was found covering the Sterlite agitation in Tuticorin while on a tourist visa.
Rise in prices of essential inputs increases cost of producing cars, making them less affordable.
The country's largest passenger car manufacturer Maruti Suzuki India Ltd is planning to hike prices on rise in input costs.The company last raised prices in January 2009.
A Swiss team, led by Professor Henry Markram, claims to be working on the world's first artificial conscious and intelligent mind, made of silicon, gold and copper, which they say would be ready latest by 2018.
Mobile phone and PC makers gobble up three per cent of the world's entire gold and silver supply each year, not to mention 13 per cent of palladium, 15 per cent of cobalt, and plenty of copper, steel, nickel and aluminum.
The Pakistanis, since the days of General Pervez Musharraf, have repeatedly sought Chinese assistance for the construction of a petrochemical complex at Gwadar and oil and gas pipelines and a railway line connecting Gwadar with the Xinjiang province.
The government has set a target of achieving 100 million broadband subscribers by 2014 as against 8.59 million users by the end of February 2010.
Asarco has filed a lawsuit against one time suitor Sterlite Industries for backing out of a $2.6 billion deal to take the US copper miner out of bankruptcy in 2008.
The International Cricket Council (ICC) on Thursday introduced anti-racism and anti-corruption codes in its revised Code of Conduct to maintain and promote "fair play and multiculturalism".
The broader NSE Nifty ended at 10,888, a gain of 0.77 per cent or 83 points, after shuttling between 10,900.35 and 10,844.85.
The turnover of 23 commodity exchanges rose by 57 per cent to Rs 11837.26 billion (Rs 11,83,726 crore) till May 15 of the 2010-11 fiscal as against Rs 7525.18 billion (Rs 7,52,518 crore) in the same period last year.
Base metals have recorded a sharp rise in prices as global demand picks up. Rising alongside are the share prices of the leading metal companies in the country like Sterlite, National Aluminium Company and Hindustan Zinc.
Sterlite Industries, the flagship firm of London-listed Vedanta, may get the support of rival bidder Harbinger Capital Partners in its takeover plan for the bankrupt US copper mining firm, Asarco. Harbinger has decided to withdraw from the race, informing the bankruptcy court that its plan to restructure Asarco should not be considered.
The group also has plans to spend Rs 50,000 crore (Rs 500 billion) on power generation. The London-listed giant will spend Rs 43,000 crore (Rs 430 billion) to enhance its capacity, in addition to its Rs 50,000-crore (Rs 500-billion) plan in power generation.
The government is likely to go ahead with divestment in 12-15 public sector units, including SAIL, Coal India, Hindustan Copper, Satluj Jal Vidyut Nigam Ltd and Engineers India Ltd among others next fiscal to raise Rs 40,000 crore, as stated in the budget.
Asarco's unsecured creditors will support Sterlite Industries, the flagship firm of London-listed Vedanta group, in the bidding war for the bankrupt US copper mining firm.
Anil Agarwal-controlled Sterlite Industries has got a leg-up in its takeover battle for bankrupt copper miner Asarco in the United States. A district court in Texas has allowed Sterlite to argue for its amended bid of $2.56 billion, which was earlier rejected by a lower court.
Just when everyone wrote him off for his bid for bankrupt mining company Asarco, Vedanta Resources Chairman Anil Agarwal is back with a vengeance.Sterlite Industries, the Vedanta group's flagship, has raised its offer price by a fifth to $2.56 billion to acquire the US copper miner in an all-cash deal -- its third bid in two years. The company on Friday said the modified takeover plan had been submitted to the district court in Texas.
Prices of key inputs up 44% to 74%; analysts expect earnings squeeze after a quarter or two.
The takeover battle for United States copper miner Asarco continues to rage, as its estranged parent Grupo Mexico has offered $1.3 billion to counter Sterlite Industries' offer for the second time.
Sterlite Industries, India's largest copper producer, has raised $1.5 billion (Rs 7,305 crore) through American Depository Shares (ADS), the largest US share sale from India in two years, to develop its power generation business and fund acquisitions.
Hindalco Industries Ltd okays merger of Indo Gulf Corporation Ltds copper business with the company.
The company cited the global financial turmoil and shareholders' objections as reasons for the sudden change of plan. On September 9, Vedanta had said it wanted to reorganise businesses under three major subsidiaries, creating a group for copper and zinc, another for aluminum and energy (mainly power) and the third for iron ore.
A good headset enhances the gaming experience. While the top-end headsets are excellent, here are some cheaper alternatives you could consider.
The country's GDP grew at the fastest pace in seven quarters at 7.7 per cent in the January-March period, retaining the fastest growing major economy tag on robust performance by manufacturing and service sectors as well as good farm output.
Sterlite's revised offer to acquire Asarco may see fresh rival bids as the valuation of the bankrupt US copper miner fell in line with the commodity prices.
The Free Trade Agreement between Peru and China was signed on April 28. For China, Peru is an important source of minerals, primarily copper. For Peru, increasing trade with China is a key way of diversifying the export economy toward an area of dynamic demand.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances