iron and steel

Private firm directors in CBI net over coal blocks


September 18th, 2012 - 2:42 pm ICT by IANS
New Delhi, Sep 18 (IANS) The Central Bureau of Investigation (CBI) sent summons to Manoj Jayaswal Tuesday in connection with coal block allocations and questioned his brother Arvind Jayaswal for ... Read more...

Posted in Politics |

UAE-China trade grows nearly 400 percent


September 10th, 2012 - 8:19 pm ICT by IANS
Abu Dhabi, Sep 10 (IANS/WAM) Trade between the UAE and China has increased five-fold in the past 10 years, achieving a growth rate of a whopping 395 percent to $15.65 ... Read more...

Posted in Uncategorized |

Congress distances itself from Darda over coal blocks allocations


September 5th, 2012 - 11:32 pm ICT by IANS
New Delhi, Sep 5 (IANS) The Congress Wednesday distanced itself from Rajya Sabha MP Vijay Darda, who has been named by the CBI in the allocation of coal blocks.... Read more...

Posted in Politics |

Maharashtra minister denies role in coal block cases


September 5th, 2012 - 10:14 pm ICT by IANS
Nashik (Maharashtra), Sep 5 (IANS) Maharashtra minister Rajendra Darda Wednesday said he had nothing to do with the company booked by the CBI over irregularities in coal block allocations.The minister's ... Read more...

Posted in Politics |

CBI to quiz MP, five firms’ officials on coal blocks


September 5th, 2012 - 9:27 pm ICT by IANS
New Delhi, Sep 4 (IANS) The CBI has seized several incriminating documents during raids over the coal blocks allocation, and is planning to question five companies' executives, including a ... Read more...

Posted in Business |

Coal India achieves near-target performance


September 5th, 2012 - 4:39 pm ICT by IANS
New Delhi, Sep 5 (IANS) With coal dominating the political discourse, Minister of State for Coal Pratik Prakashbapu Patil Wednesday said Coal India Ltd (CIL) had achieved over 97 percent ... Read more...

Posted in Business |

CBI names Congress MP in coal block cases, raids 30 sites (Roundup)


September 4th, 2012 - 10:40 pm ICT by IANS
New Delhi, Sep 4 (IANS) Congress MP Vijay Darda and 17 senior executives of five private companies were named by the CBI in cases registered in connection with the allocation ... Read more...

Posted in Business |

CBI cases, raids against five firms in coal blocks allocation (Fourth Lead)


September 4th, 2012 - 9:30 pm ICT by IANS
New Delhi, Sep 4 (IANS) Five companies, allocated coal blocks under UPA-I, and their executives were named in cases registered by the Central Bureau of Investigation (CBI) and 30 locations ... Read more...

Posted in Business |

Five firms face CBI cases, raids in coal blocks allocation (Third Lead)


September 4th, 2012 - 8:09 pm ICT by IANS
New Delhi, Sep 4 (IANS) Five companies, and their executives, allocated coal blocks were named in cases registered by the Central Bureau of Investigation (CBI) and 30 locations belonging to ... Read more...

Posted in Business |

CBI books five companies allocated coal blocks (Second Lead)


September 4th, 2012 - 4:38 pm ICT by IANS
New Delhi, Sep 4 (IANS) The Central Bureau of Investigation (CBI) Tuesday filed cheating cases against five private companies allocated coal blocks and also conducted raids at 30 locations in ... Read more...

Posted in Business |

Japan’s factory output drops


July 30th, 2012 - 2:55 pm ICT by IANS
Tokyo, July 30 (IANS) Japan's industrial output was down 0.1 percent in June from the previous month, marking the third consecutive month of contraction, a government report said Monday.The index ... Read more...

Posted in Business |

Karnataka exceeds investment target, hits Rs.9-trillion mark (Lead)


June 8th, 2012 - 10:07 pm ICT by IANS
Bangalore, June 8 (IANS) It is raining trillions (crores) of rupees in Karnataka at its second Global Investors' Meet (GIM 2012) even though the advancing south-west monsoon is yet to ... Read more...

Posted in Business |

Iron, steel sector fare poorly on green scale, says study


June 4th, 2012 - 8:55 pm ICT by IANS
New Delhi, June 4 (IANS) The iron and steel industry in India is struggling to meet environmental norms and the sector's overall environmental performance is poor, says a study released ... Read more...

Posted in Business |

India, Afghanistan sign pact on iron and steel


April 9th, 2012 - 11:06 pm ICT by IANS
Kabul, April 9 (IANS) India and Afghanistan Monday signed an agreement for enhancing cooperation in the field of iron and steel.A Memorandum of Understanding (MoU) was signed by Indian Minister ... Read more...

Posted in Business |

Surge in foreign fund flow into infrastructure


February 5th, 2012 - 6:07 pm ICT by IANS
New Delhi, Feb 5 (IANS) Overseas investors are increasingly pumping money into India's infrastructure sector, especially in the power, oil and gas, telecom and iron and steel segments, due to ... Read more...

Posted in Business |

India’s exports rose 33.2 percent in Apr-Nov


December 9th, 2011 - 6:24 pm ICT by IANS
New Delhi, Dec 9 (IANS) India's exports rose by 33.2 percent to $192.7 billion in the first eight months of 2011-12 while imports during the same period increased to $309.5 ... Read more...

Posted in Business |

Gujarat NRE Coke’s net profit down 19 percent


November 9th, 2011 - 8:09 pm ICT by IANS
Kolkata, Nov 9 (IANS) Gujarat NRE Coke Ltd, the largest independent met coke producer in India, Wednesday reported a 19 percent dip in its net profit for the second quarter ... Read more...

Posted in Business |

China to launch three new stock indices


October 16th, 2011 - 6:07 pm ICT by IANS
Shanghai, Oct 16 (IANS) Three new stock indices, including two based on specific industries and one meant as a sub-index of the CSI 500 Index, are slated to be launched ... Read more...

Posted in Business |

Ombudsman raids offices, homes of Deve Gowda’s son


October 14th, 2011 - 7:01 pm ICT by IANS
Bangalore, Oct 14 (IANS) Homes and offices of former prime minister H.D. Deve Gowda's son were Friday raided by officials of the Lokayukta's office who were searching for evidence in ... Read more...

Posted in Politics |

Oil washes on to New Zealand shore from grounded ship


October 10th, 2011 - 4:38 pm ICT by IANS
Wellington, Oct 10 (IANS) Oil spilled from a Liberian-flagged cargo ship stuck on a reef off New Zealand began washing ashore around the port city of Tauranga Monday. Maritime New ... Read more...

Posted in World |

Chinese steel plant accident toll rises to 12


October 6th, 2011 - 4:49 pm ICT by IANS
Beijing, Oct 6 (IANS) The toll in a Chinese steel plant accident in which molten iron spilled out of a furnace has risen to 12, an official said.With rescuers retrieving ... Read more...

Posted in World |

Deve Gowda’s yet another son faces probe over assets


September 24th, 2011 - 10:29 pm ICT by IANS
Bangalore, Sep 24 (IANS) Troubles mounted for former prime minister H.D. Deve Gowda as a court Saturday ordered probe into his eldest son's assets while his another son and daughter-in-law ... Read more...

Posted in Politics |

Green rules diluted to approve projects: NGO


September 22nd, 2011 - 9:01 pm ICT by IANS
New Delhi, Sep 22 (IANS) An unprecedented number of infrastructure projects were cleared by the environment and forests ministry in the last five years and regulations were diluted for giving ... Read more...

Posted in Environment |

Apex court partially lifts mining ban in Bellary


August 5th, 2011 - 5:58 pm ICT by IANS
New Delhi, Aug 5 (IANS) Partially lifting its ban on iron ore mining in Karnataka's Bellary district, the Supreme Court Friday asked the National Mineral Development Corporation (NMDC) to start ... Read more...

Posted in Business |

China to have iron ore index


August 2nd, 2011 - 2:52 pm ICT by IANS
Beijing, Aug 2 (IANS) China said Tuesday that it will start a trial run of its iron ore index some time in August.Zhang Changfu, vice chairman of the China Iron ... Read more...

Posted in Business |

Karnataka clears 28 projects worth Rs.8,622 crore investments


July 14th, 2011 - 7:29 pm ICT by IANS
Bangalore, July 14 (IANS) The Karnataka government Thursday cleared 28 investment proposals collectively valued at Rs.8,622 crore with an employment potential for about 23,000 people, state industries minister Murgesh Nirani ... Read more...

Posted in Business |

Indonesia expects to double trade with India


July 12th, 2011 - 10:14 pm ICT by IANS
Kolkata, July 12 (IANS) Bilateral trade between India and Indonesia will double by 2015 to reach $25 billion, the country's ambassador to India said Tuesday.Addressing an interactive session at the ... Read more...

Posted in Business |

Karnataka ore transport ban affects Goa’s iron plants


June 21st, 2011 - 5:56 pm ICT by IANS
Panaji, June 21 (IANS) Half a dozen sponge and pig iron manufacturing plants in Goa, including the Vedanta Resources-owned Sesa Industries Limited (SIL), have been severely affected by the ... Read more...

Posted in Business |

India’s exports jump to all-time monthly high of $26 bn


June 10th, 2011 - 6:41 pm ICT by IANS
New Delhi, June 10 (IANS) India's exports surged to all-time monthly high of $25.9 billion in May, registering a growth of 56.9 percent year-on-year on the back of a sharp ... Read more...

Posted in Business |

China’s steel demand to reach 750 mn tonnes in 2015


May 29th, 2011 - 5:00 pm ICT by IANS
Beijing, May 29 (IANS) China's annual demand for crude steel will rise to between 670 million and 750 million tonnes in 2015, said China Iron and Steel Association (CISA).The figures ... Read more...

Posted in Business |

Water management systems reflect existing socio-economic structures: Ansari


April 13th, 2011 - 5:39 pm ICT by ANI
New Delhi, Apr 13 (ANI): Vice President Mohammad Hamid Ansari today said that water management systems have traditionally reflected existing socio-economic structures and governance mechanisms.Addressing at "India Water Forum-2011" and the "International ... Read more...

Posted in National |

Indian companies create thousands of jobs in US


April 1st, 2011 - 10:48 am ICT by IANS
Washington, April 1 (IANS) Quite contrary to the general impression that India was taking away American jobs through outsourcing, Indian businesses which have invested widely in the US economy ... Read more...

Posted in Business |

Indian firms responsible for creating jobs in US


March 31st, 2011 - 4:42 pm ICT by ANI
New Delhi, Mar. 31 (ANI): A new study by the Confederation of Indian Industry, "Indian Roots, American Soil: A Look at Indian Companies in the U.S. Economy" released yesterday evening in ... Read more...

Posted in Business |

Fierce fighting keeps Libya on the edge (Lead)


March 7th, 2011 - 6:48 pm ICT by IANS
Tripoli, March 7 (IANS) It was another day of pitched battles in Libya Monday with troops loyal to Muammar Gaddafi battling rebels in several places as UN Secretary General Ban ... Read more...

Posted in Politics |

Fresh fighting breaks out in two Libyan towns


March 7th, 2011 - 3:55 pm ICT by IANS
Tripoli, March 7 (IANS) Heavy fighting broke out in at least two Libyan towns early Monday when troops loyal to Libyan leader Muammar Gaddafi attempted to wrest control from the ... Read more...

Posted in Politics |

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