Albanese, 56, will take the helm on April 1.
While Vedanta Aluminium, Balco and Cairn India confirmed the job cuts, sources said Sesa Goa too had slashed jobs.
At the bank's current market price, the stake on offer is worth about Rs 5,700 crore
At $2.6 trillion, the Indian economy is currently ranked sixth in the world behind the US, China, Japan, Germany and the UK.
But the company should take extra steps to prevent pollution.
Sun Pharma was the biggest gainer in the Sensex pack, advancing 1.79 per cent.
Cairn files notice against India in $1.6 billion tax dispute.
'As of now there are no mining activities,' but 'who knows the future?'
Uttam Galva Steels is a part of the Reserve Bank of India's second list of cases, which will be referred to the bankruptcy tribunal for insolvency proceedings after lenders failed to resolve the account by December 2017.
All the 12 gram sabhas held in July-August last year had unanimously expressed opposition to the mining operation in the hills saying it would violate their social, cultural and religious rights.
"India's middle class, small traders and farmers are the lifelines of its economic growth. By catering to these ambitions #Budget2019 infuses hopes for millions of dreams."
The exploration company will buy back shares from January 23 and extinguish them.
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RIL had objected to the state government's decision to receive bids in sealed envelopes instead of an open auction.
'This solid verdict would further strengthen his resolve to drive forward the economic agenda to ensure that the fruits of the economic momentum continue to reach the poor, so visible during the last five years.'
The government has already said it is keen on starting ore mining and exports.
Besides the manufacturing industry, voices in favouring the need for protectionism have also been heard from local start-ups, which at times find it tough to compete with global players that entered India with deep pockets.
'An internationally established price of crude will encourage more players to invest in India, leading to enhanced domestic production which can be made available to domestic refineries,' recommends Anil Agarwal whose company Vedanta Resources has a controlling stake in Cairn India that operates the country's biggest onland oilfield in Barmer, Rajasthan.
Benchmark indices finished higher on hopes of economic reforms
Market participants are now awaiting Thursday's meeting of the European Central Bank
Under current laws, a company cannot sell mines but only transfer leases when it is acquired by another firm.
'I joined the protest on the 100th day to show solidarity with the farmers.' 'I was outside the collector's office when people started running.' 'I was wondering what had happened when I felt a pain in my hand and it began bleeding.'
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'Mining jobs get created in the most backward districts of India's poorest states,' says Anil Agarwal.
Largest deal in thermal power space; Lanco to use proceeds to lower debt.
Why did such a 'socially conscientious' people adapt to cash-for-votes and the like, as fish to water? N Sathiya Moorthy offers an explanation.
As oil minister, he has overseen India's petroleum and natural gas needs. But now he also runs the environment ministry, where he has issued permits for 100 stalled projects in a month-long spree that has delighted industry but shocked green activists.
Cairn has slashed its planned capital expenditure (capex) by 60 per cent to $500 million against the earlier $1.2 billion.
As per revised rules every four tribals is likely to be displaced or affected by projects, as their habitations were rich in natural resources
All this is happening at a time when aluminium prices in the world market are firming up.
The environment ministry till May 2014 (still under UPA) ordered that cases like Vedanta's expansion plans need to consult people. But in December 2014, the NDA government reversed this position and in March 2015 the environment ministry extended Vedanta's environmental clearance till December 2018. This it did even while the question of the need for public hearing by projects in different kinds of industrial parks was being contested in the courts. This allowed the company to carry out construction.
One crucial revenue source that can help the government achieve its fiscal-deficit target is the proceeds from the sale of its stakes in public sector companies.
'The Budget has maintained fiscal prudence while announcing a number of steps to boost growth, particularly in infrastructure and rural sectors.'
'It is my duty to give the govt the right price of crude oil.'
Modi government has to come up with a robust economic agenda to impress the masses.
