Essar plans port for its African steel plant

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,......

Indian steel makers' global rush

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......

Corporate India lost $27-bn merger deals

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......

Indian steel firms go global

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......

Caddick vows to make England return

Caddick vows to make England returnAndrew Caddick has insisted he will resume his England career even though a back injury has ruled him out for the rest of the season."I know what some people's......