India is planning to soon sign new and updated mineral pacts with about a dozen countries in Africa. Photograph: Steve Marcus/Reuters The Ministry of Mines is in discussions with Côte......
The Essar group is planning to expand its presence in the African continent by setting up a 10-million tonne (mt) port in Mozambique, at a cost of $275 million (Rs 1,496 crore). “As a group,......
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......
Merger deals worth $27 billion have soured so far this year in India. The biggest non-starter was that of Mukesh Ambani-led Reliance Industries' $14.5 billion bid for LyondellBasell. This was......
The Indian steel industry has come of age and chasing its fortunes with calculated risk pertaining to a dynamic global geopolitical climate.A fortnight back, Jindal Steel and Power won a global bid......