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......

India-Canada row: JSW Steel's Teck Resources buy stares at uncertainty

JSW Steel’s plans to acquire the coal company owned by Teck Resources, a Canada-based company, at a total valuation of $8 billion have stalled as diplomatic relations between the two......

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......

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......

What makes this loss-making steel co so attractive?

Long products demand growth is expected to be sharp, supported by a demand push from the government-led infrastructure investments in affordable housing, railways, rural electrification and road......