'Inter-ministerial coordination, information on the proposed PSUs, and due diligence are taking longer than expected to conclude the process.'
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).
Parliament has cleared the Mines and Minerals (Development and Regulation) Amendment Bill, 2023, recently. The objective of the Act is to invite investments from the private sector, including foreign companies, for mining minerals such as lithium and other critical minerals. Other than lithium, some of these minerals were classified as atomic minerals, including beryl and beryllium, niobium, titanium, tantalum and zirconium.
'The Emergency was a temporary affair. It was withdrawn after 20 months.' 'But we are in this situation for the last 10 years.' 'If the Emergency was jhatka, this is halal, slow killing.'
Will get Rs 830 cr, Rs 329 cr respectively to offset higher coal costs
After their emphatic victory against LSG, Mumbai Indians would be fancying their chances against defending champions Gujarat Titans in Friday's Qualifier 2 match.
The BJP at 43 is a work in progress, with total ideological continuity and much substantive change in political method and style, observes Shekhar Gupta.
It is not much of an issue just now, but it could become one if the idea of caste census captures socio-political imagination, going beyond electoral tags and identities, says N Sathiya Moorthy.
A powerful suicide blast ripped through a mosque in Pakistan's restive Balochistan province on Friday, killing at least 52 people and injuring over 50 others gathered to celebrate Prophet Muhammad's birthday, authorities said.
Adani Power bagged Jitpur mine in Jharkhand.
Prime Minister Narendra Modi on Saturday announced the adoption of the New Delhi Leaders Declaration, a significant victory for India's G20 presidency that came amid increasing tensions and divergent views over the Ukraine conflict.
'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.'
Solar energy will generate 75000 MW
He said his biggest takeaway from the Kargil war is that the enemy cannot be trusted even if there is "political show" of friendship.
The Chinese President dethroned Russian President Vladimir Putin as the most influential person on the planet.
The Supreme Court on Thursday declined to overturn the Patna high court's interim order suspending the Bihar government's caste survey.
According to sources, the government has provided a list of 20 companies to Reliance Industries for sale of gas as per the gas utilisation policy. Some of these companies include Nagarjuna Fertilizer & Chemicals, Chambal Fertilizers & Chemicals, Tata Fertilizers and Oswal Chemicals & Fertilizers among others.
The Economic Offences Wing of the Delhi Police has filed an FIR against former BharatPe co-founder Ashneer Grover, his wife Madhuri Jain Grover and family members Deepak Gupta, Suresh Jain and Shwetank Jain for an alleged Rs 81 crore fraud after a complaint by the fintech unicorn. The FIR, a copy of which has been seen by PTI, was filed under eight sections of the Indian Penal Code, including 406 that deals with criminal breach of trust, 420 (cheating and dishonesty), 467 and 468 (forgery). BharatPe in the complaint alleged that Grover and his family caused damages of about Rs 81.3 crore through illegitimate payments to bogus human resource consultants, inflated and undue payments through passthrough vendors connected to the accused, sham transactions in input tax credit and payment of penalty to GST authorities, illegal payment to travel agencies, forged invoices by Madhuri Jain and destruction of evidence.
In the next three years, Tata Power will invest anywhere between $150-200 million.
'It's just trying to understand what the best recipe is for the team you are in with the resources that you have'
Three deaths have been reported and there are fears of more fatalities.
Faced with one setback after another in expanding the scope of mining in the country, almost all the major miners of the world have wound down their operations in India.
India's energy deficit is likely to improve as hydro power stations can ramp up generation on account of adequate rainfall in the last fortnight of July, wiping out the shortfall of the previous months.
'Has any prime minister spent so much time in one state holding election rally after rally?'
'No Cold War should be reignited and no Ukraine-style crisis should be repeated in Asia'
'Government supplied public services are less likely to be found in neighbourhoods with high numbers of Scheduled Castes and Muslims.'
Amritpal Singh said in an interview with ANI that incident and subsequent release of Lovepreet Singh will "change the course of the future".
Images from the football matches played on Tuesday.
A 9-minute lights-out by most of households on Sunday evening can potentially collapse the grid due to sudden drop and then a quick surge after the event. But to manage the dramatic changes in electricity and its impact on the grid, the government has drawn an elaborate plan to manage it.
External Affairs Minister S Jaishankar on Wednesday held wide-ranging talks with his Russian counterpart Sergey Lavrov focusing on the Ukraine conflict, bilateral ties and issues relating to the G20 foreign ministers' meeting.
India's dream to be in the forefront of international politics has come true. India has placed itself firmly as a major player in the shaping of a new world order, observes Ambassador T P Sreenivasan.
'You know the kind of force involved in all of this. They are not good for the country where all of this will happen.'
Tata Power Company plans to raise up to $500 million from the international markets to meet its capital expenditure programme.
The nephew of Prime Minister Nawaz Sharif has been given overwhelming powers to run the administrative affairs of Pakistan's most populous province of Punjab.
Addressing a summit in Varanasi on the implementation of the National Education Policy, Modi said the system should not just produce degree-holders but provide human resources needed to take the country forward.
In the current financial year, TPC has planned capital expenditure of Rs 2,670 crore for their projects in Trombay, Haldia and in adding capacity to their wind power and digiset generating systems.
Kumaraswamy made the stunning claim that the BJP offered the MLAs of his party Rs 100 crore and ministerial berths.
Business conglomerate Adani Group's chairman Gautam Adani is now the world's second-richest person after overtaking Louis Vuitton's Bernard Arnault, according to Forbes' Real-Time Billionaires List. At the time of writing this report, Gautam Adani's net worth was $153.9 billion, compared to Arnault's net worth of $153.7 billion. Adani is now just behind business magnate Elon Musk, according to Forbes' data.
Prime Minister Narendra Modi has been ranked as the world's ninth most powerful person by Forbes magazine in a 2015 list which is topped by Russian President Vladimir Putin.
Environmental activist and educator Sonam Wangchuk accused the BJP of reneging on its promise of including Ladakh under the sixth schedule.
