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Riversdale Mining

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Vedanta appoints former Rio Tinto head as CEO

Vedanta Resources Plc has appointed Tom Albanese as chief executive, pinning its hopes on the former Rio Tinto Plc head to transform the India-focused miner into a global resources giant. Shares......

Koushik Chatterjee tipped to be Tata Steel's MD

Koushik Chatterjee, the group chief financial officer of Tata Steel, is likely to take over as the next managing director of the company when the current incumbent, H M Nerurkar, retires in......

Bleeding foreign subsidiaries weigh heavy on Tata Steel

With the economic situation in Europe showing no signs of an immediate recovery, Tata Steel Group is finding it difficult to revive the prospects for its subsidiary, Tata Steel Europe. The European......

Markets have a tumultous session

The benchmark indices had a turbulent ride through the day on the back of turmoil across the global market front.The Sensex gravitated in a range of more than 200 points before ending the session......

Tata Steel exits Riversdale, sells 26% for $1.11bn

Tata Steel has decided to sell off its 26.27 per cent stake in Riversdale, Australia, to Rio Tinto for Australian $1.06 billion ($1.11 billion).The move follows Rio Tinto Jersey Holdings 2010 Ltd's......

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