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Pt Bumi Resources

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Essar to buy US coal firm for $550-600 mn

The Essar Group is close to buying Trinity Coal, one of the top 10 coal producers in the US, in a deal worth $550-600 million (Rs 2,500-2,735 crore). Trinity is owned by private equity investment......

Power cos scout for Indonesian coal assets

Indian power generation companies are scouting for coal assets in Indonesia after the share prices of major mines there witnessed steep erosion following the global financial turmoil. Leading power......

Tatas bag Jaguar, Land Rover for $2.3 bn

Creating history, India's top corporate giant Tatas on Wednesday acquired luxury auto brands -- Jaguar and Land Rover -- from Ford Motor Co for $2.3 billion, stamping their authority as a takeover......

Power sector: India's struggle continues

Sixty years after it gained freedom at midnight, India found itself still struggling to banish darkness from its countryside as small increments in generation capacity proved no match for the......

Tata Power buys Indonesian cos' pie

Tata Power said on Wednesday completed acquisition of 30 per cent stakes in Indonesian thermal coal producers -- PT Kaltim Prima Coal and PT Arutmin Indonesia, and other related coal trading......

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India held the top position in the ICC Men's Test Team Rankings while Australia secured the...

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GUJARAT, HIMACHAL GO TO POLLS

The Bharatiya Janata Party was on Thursday poised for a landslide victory in Gujarat to retain...
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