The government is likely to invite the financial bids for divestment of ICVL, in the last week of February.According to sources in the divestment ministry, the price bids for ICVL is likely to be......
Companies write off investments, shed assets as initial projections go haywire Many Indian companies are staring at huge losses on their mega investments abroad, prompting quite a few to write off......
Rashtriya Ispat Nigam plans to invest Rs. 3,046 crore (Rs. 30. 46 billion) next fiscal to part finance capacity expansion to 6.5 million tonnes per annum (mtpa) and iron ore, coking coal mines......
India is looking at buying coal mines in Australia through two state-owned entities in a bid to bridge the domestic coal supply-demand shortfall, a top government official said on Monday. NTPC and......
Coal India Ltd will invest about Rs 2,500 crore (Rs 25 billion) to set up 20 coal washeries with an annual capacity of 111.10 million tonnes to reduce the ash content of the domestic coal, the......