State-run utility NTPC plans to more than double its power generation capacity by 2017 from the current 30,000 MW, diversifying further into renewable and nuclear energy.
The deadline for these overseas mining firms for responding to CIL's EoI notice is August 31 this year.
The move follows Rio Tinto Jersey Holdings 2010 Ltd's decision to delist Riversdale Mining Ltd, after the company's shareholding in the mining company increased to 73.20 per cent.
Delhi's new catch-phrase these days is, 'capacity-building in Africa'.
India and Japan's effort to form a multilateral group of liquefied natural gas buyers to avoid paying higher prices for the fuel is laudable as an objective but is unlikely to be effective immediately.
Shree Cement may join race; units in 3 more African countries may be sold.
At least 19 people were killed in a stadium crush during a World Cup qualifier between Ivory Coast and Malawi in Abidjan on Sunday. A rush by spectators led to the collapse of a wall, medical officials said. Police then fired tear gas to clear the crowd, causing a stampede which also left many people seriously injured.
The company had reported less than 1 per cent of the revenue of Rs 781 crore (Rs 7.81 billion) in 2007-08 from the dredging business. For the nine months ending December 31, 2008, it reported revenue of Rs 853 crore (Rs 8.53 billion), a 61.1 per cent growth over the corresponding period of the previous year as it largely deployed its ships on long-term contracts.
The global financial crisis sweeping through Wall Street and European banking sector will touch the lives of the world's most vulnerable, push millions into deeper poverty and lead to the deaths of thousands of children, a new United Nations study said.
With this deal, Jaipuria's RJ Corp will own over 10 bottling plants, controlling 25 per cent of PepsiCo's bottling capacity in the country (earlier he was PepsiCo's largest bottler together with his family). Confirming the development, Jaipuria said the deal would be complete in a day or two. "The West Bengal operations will contribute 10 to 15 per cent to our turnover," he said.
Lionel Messi and Alexis Sanchez, club mates at Barcelona, sparkled as Argentina and Chile put behind them a weekend to forget with victories in the South American 2014 World Cup qualifiers on Tuesday.
By 2020, rice prices would rise by 13 per cent, wheat by 15 per cent, and maize by 27 per cent, it said, adding that in the past few months, the prices of major cereals have fallen by about 30 to 40 per cent as a result of the economic slowdown and favourable weather conditions, but they remain high compared to the rates three years ago. Many developing regions have experienced high economic growth in recent years.
India's ambitious plans to generate an additional 180,000 Mw of power in the next seven years will face hurdles if Indonesia, the second largest supplier of thermal coal, goes ahead with plans to cap coal exports to serve domestic demand.
Indian drug companies have cornered an overwhelming majority of drug approvals under the US President's Emergency Plan for AIDS Relief.
The three fastest men ever cruised through their opening 100 metres heats under clear blue skies at the start of the Olympic athletics programme on Friday.
Tata Steel, India's largest steelmaker, has consolidated all its overseas assets including Corus under a new holding company, Tata Steel Global, to raise funds for its overseas expansion including future acquisitions.
Indian fertiliser companies are planning to invest around $5 billion (Rs 21,000 crore -- Rs 210 billion) in overseas joint ventures over the next three years. These companies are in negotiations for 19 such ventures, said government officials. These joint ventures are aimed at sourcing nitrogenous, phosphatic fertilisers and other raw materials.
Ore and coking coal to come from Tata mines in Canada, Africa.
Days after Pakistan said it would raise the alleged human rights situation in Jammu and Kashmir in upcoming Indo-Pak talks, India on Tuesday made it clear that law and order cannot be questioned in the name of rights and that terrorism will be the focus of the parleys.
Political leaders, industrialists and businessmen are increasingly looking to tap the resource-rich countries of the world's second largest continent even as two-way trade between India and Africa is poised to reach $70 billion by 2015 from $46 billion at present.
Global Steel owns 70 per cent stakes in iron ore mine in Brazil and two coal mines in Columbia and Mozambique. The company is setting up three special purpose vehicles for isolating financial and regulatory risks. Ispat will purchase the stakes in these SPVs, which are held by Global Steel. The iron ore mine has an estimated reserve of 500 million tonne while the coal mines hold reserves of 120 million tonne.
Nepal's Mahaboob Alam claimed all 10 wickets against Mozambique to lead his team to a thumping 219-run victory.
The xenophobic riots in South Africa, which has claimed 42 lives, including an Indian, have shown no signs of abating despite government's decision to deploy army to crush the violence against immigrants.
Fifty five-year-old Niten Singh was burnt alive by a mob in his home in Actonville, Johannesburg. According to media reports, nearly 100 people from a local hostel attacked and looted the photographer's residence before setting it on fire. No arrests have been made yet.
A number of shops belonging to the Asians were reportedly vandalised in the town of Hammanskraal, north of Pretoria, on Tuesday. More than 22 people have been killed, hundreds injured and about 5 000 people have been left destitute since violence first erupted in the township of Alexandria, near Johannesburg on May 11.
Expressing shock at the wave of xenophobic attacks on foreigners that have killed 15 people in the country, South African President Thabo Mbeki on Monday ordered law enforcement agencies to act firmly against perpetrators. Fifteen people are now known to have been killed since the attacks started in the Alexandra township last week, against foreign nationals, especially against those from Zimbabwe, Malawi, Mozambique, Nigeria, Somalia.
The trend of acquiring land abroad for growing food and other crops may have got a fresh boost, following the food security concerns provoked by high agricultural prices in 2007 and 2008, but it began a long time ago.
Paul, who will soon lead a British Parliamentary delegation to India, said: "The CPA wants Commonwealth governments to respond to the needs of people -- to build communities, to address the challenges arising from the growth of urbanisation, to agree a global trade deal and to tackle the greatest threat to us all -- climate change." "There remains more work to be done in Pakistan, Bangladesh and Fiji, but the pressure is on," Paul said on Monday night.
Global Steel Holdings, the holding company which controls the steel and associated businesses of the Ispat Group, has acquired two coal blocks in Mozambique. According to sources, the investment in the blocks would be in the region of Rs 460 crore (Rs 4.6 billion).
At the core of the new joint venture is an attack on Tata Motors, which dominates the commercial vehicle sector in the world's fourth-largest market for heavy trucks.
India's biggest listed developer, DLF, and Dubai's Nakheel have announced a joint venture with plans to invest more than $10bn to build two townships on 40,000 acres.
Nigeria and South Africa, who jostle for political and economic supremacy on the African continent, were drawn together in their World Cup qualifying group on Sunday. Although South Africa, as hosts of the 2010 event, qualify automatically for the finals, they are participating in the preliminaries because they also serve as qualifiers for the 2010 African Nations Cup finals.
They are snapping up ore and coal abroad, as their availability is stuck at home.
India's well-known investors who are known for their Midas touch have spotted an opportunity in bio-fuel, betting big on ethanol, bio-mass and even bio-fuel equipment makers in India and other parts of the globe.
Future World Cup hosts South Africa fielded 10 new caps as they edged past Malawi 5-4 on penalties in their Cosafa Castle Cup Group B semi-final at Swaziland's Somhlolo stadium.
World record holder Usain Bolt barely broke sweat despite the sweltering temperatures to cruise through the Olympic 100 metres heats along with compatriot Asafa Powell and world champion Tyson Gay on Friday.
Lines up investments in steel, power sectors to profit from booming demand.
The former Portugal star was discharged from hospital four days after surgery on his cartoid arteries.
Zambia can very soon emerge as a big investment destination for Indian firms looking for agriculture land to produce various crops.
Even as the domestic pharmaceutical industry is exploring new markets in Latin America and the Commonwealth of Independent States, exports to countries in Africa are declining.
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