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Indian steel makers' global rush

 With less and less coal and iron ore blocks being allotted to Indian companies at home, the world has become their oasis, as they successfully buy raw material assets across continents.Raw material......

Coal India may seal deals with Peabody

 Coal India Ltd is on the verge of closing a deal with US-based miner Peabody Energy that would give it a stake in four Australian coal mines along with other overseas assets. According to the The......

Tata Steel joins 'coal rush' in Mozambique

 Tata Steel has bought a stake in a coking coal mining project in Mozambique as part of an emerging overseas "coal rush" by India's steel and power companies keen to secure scarce raw materials.......

India's coal demand fuels global price rise

India's energy ambitions are pushing global coal prices. India's import of coal from South Africa is expected to go up big time in the coming days. According to reports, South Africa's Richards Bay......

Tata's global gambit

 "We didn't cook this deal up, it wasn't microwaved. This was like an Indian curry where you've got to marinate the ingredients for a long time." So said Jim Leng, chairman of the 9.2 billion......

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