IMG recommends cancellation of two coal blocks

The Inter-Ministerial Group on coal blocks on Saturday decided to recommend cancellation of two mines awarded to Bhushan Steel and SKS Ispat & Power, and forfeiture of bank guarantees for two other......

Some coal blocks expected to be de-allocated

Amid a raging row over coal block allocations, the Inter-Ministerial Group is set to recommend de-allocation of some coal blocks awarded to private firms out of 29 cases under review and other......

Stock markets in turmoil: What should you do?

Analysts caution against volatility and recommend buying stocks of companies that are on strong fundamental footing that have been beaten down badly in the recent carnage. IMAGE: The Bombay Stock......

Betting on India's growth, top steel firms in midst of big expansion plans

On June 30, mining and metals giant Vedanta, announced that it had decided to initiate a strategic review of its steel and steel-making raw material businesses. Photograph: Amit Dave/Reuters The......

JSW buys Ispat, to make it profitable in one year

JSW Steel will become India's largest steel company by capacity, as it agreed to buy a controlling 41.29 per cent stake in Ispat Industries for Rs 2,157 crore (Rs 21.57 billion), valuing the......

Bids invited for RIL's MP gas pipeline

The Petroleum and Natural Gas Regulatory Board has invited bids for laying a 300-km gas pipeline connecting Reliance Industries' coal bed methane production site in Shahdol, Madhya Pradesh, to......

PIX: Cricket captain Kohli, lifter Chanu bask in Khel Ratna glory

IMAGE: President Ram Nath Kovind confers Rajiv Gandhi Khel Ratna award on cricketer Virat Kohli. Photograph: Shahbaz Khan/PTI Ace cricketer Virat Kohli sent the shutterbugs into a clicking......