BJP poses more questions to PM, Jaiswal over coal block allocations
September 11th, 2012 - 8:48 pm ICT by IANS
New Delhi, Sep 11 (IANS) The BJP Tuesday stepped up its attack on the Congress after allegations of conflict of interest against former coal minister Santosh Bagrodia and targeted ... Read more...
Posted in Uncategorized |
Tata Steel to bring European-made products to India
July 26th, 2012 - 10:51 pm ICT by IANS
Kolkata, July 26 (IANS) Tata Steel, the world's no. 7 steelmaker, Thursday said it is planning to bring specialty steel from its European operation to India as a part of ... Read more...
Posted in Business |
Indian workers in Ghana left in the lurch
July 1st, 2012 - 4:44 pm ICT by IANS
Accra, July 1 (IANS) Three years ago a group of five Indian workers arrived in Ghana to make a living at a local steel company located near the capital of ... Read more...
Posted in World |
Koda gets bail in illegal mining case, to stay in jail
April 5th, 2012 - 6:24 pm ICT by IANS
Ranchi, April 5 (IANS) The Jharkhand High Court Thursday granted bail to former chief minister Madhu Koda in an illegal mining case, but he will continue to stay in jail ... Read more...
Posted in Uncategorized |
One killed, 30 injured in China gas leak
January 17th, 2012 - 4:05 am ICT by IANS
Beijing, Jan 17 (IANS) One person was killed and nearly 30 were injured after carbon monoxide gas leaked in a steel company in northeast China late Monday night, said local ... Read more...
Posted in World |
Seven killed in Iran steel company blast
December 12th, 2011 - 7:58 pm ICT by IANS
Tehran, Dec 12 (IANS) At least seven people were killed and 12 injured in an explosion in a steel plant in Iran, the semi-official Mehr news agency reported Monday.The blast ... Read more...
Posted in World |
Iran central bank deputy head held for embezzlement
October 30th, 2011 - 3:00 am ICT by IANS
Tehran, Oct 30 (IANS) Hamid Pourmohammadi, the deputy head of Iran's central bank, has been arrested for his involvement in a $2.6-billion embezzlement case, Xinhua reported Saturday.Pourmohammadi was arrested along ... Read more...
Posted in World |
SAIL investing Rs.20,000 crore for modernising Bengal units
September 10th, 2011 - 10:11 pm ICT by IANS
Kolkata, Sep 10 (IANS) State-run Steel Authority of India Ltd (SAIL) is injecting Rs.20,000 crore for modernisation and expansion of three of its units in West Bengal.SAIL chairman C.S. ... Read more...
Posted in Business |
Bengal government’s bid to regularise JSW’s land (Lead)
August 11th, 2011 - 1:14 am ICT by IANS
Kolkata, Aug 10 (IANS) In its bid to regularise the land bought by JSW Bengal for its integrated steel plant, the West Bengal government Wednesday decided to vest 270 of ... Read more...
Posted in Business |
Vigilance probe against Corporation Bank
June 1st, 2011 - 4:09 pm ICT by IANS
Chennai, June 1 (IANS) For the first time perhaps in India's banking history, the Central Vigilance Commission (CVC) is conducting a probe based on a whistleblower's complaint about certain ... Read more...
Posted in Business |
Tata steel to increase Chinese investments by five percent
May 3rd, 2011 - 1:25 pm ICT by ANI
Beijing, May 3 (ANI): Tata Steel Limited, the world's 10th-largest steel company in terms of production and a subsidiary of the Tata Steel Group, plans to increase its investment in China by ... Read more...
Posted in World |
Orissa yet to renew pact with POSCO
April 14th, 2011 - 9:49 pm ICT by IANS
Bhubaneswar, April 14 (IANS) The Orissa government has not yet renewed its pact with South Korean Pohang Steel Company (POSCO) to set up a $12 billion project in the state, ... Read more...
Posted in Business |
India awaits ratification process for BIPA: Anand Sharma
March 29th, 2011 - 9:45 pm ICT by ANI
New Delhi, Mar 29 (ANI) Emphasizing that the ratification process for the Bilateral Investment Protection Agreement (BIPA) is complete on Indian side, Union Commerce Minister Anand Sharma today said that we are ... Read more...
Posted in National |
Four held for burning to death Orissa executive
March 4th, 2011 - 12:00 pm ICT by IANS
Bhubaneswar, March 4 (IANS) At least four people have arrested for burning to death a steel factory executive in his vehicle in Orissa's Bolangir district, police said Friday.They were arrested ... Read more...
Posted in Uncategorized |
Six dead, eight injured in Gujarat accident
February 9th, 2011 - 12:54 am ICT by IANS
Bhuj, Feb 8 (IANS) Six people were killed and eight injured Tuesday when a jeep collided with a truck in Gujarat's Kutch district, police said. All the victims were labourers with a ... Read more...
Posted in Uncategorized |
India approves South Korea’s $12 billion steel plant
January 31st, 2011 - 11:55 pm ICT by BNO News
NEW DELHI, INDIA (BNO NEWS) -- India's Environment Ministry on Monday approved a $12 billion steel plant project from South Korea, the biggest foreign investment in Indian history, the Times of India ... Read more...
Posted in Business |
Tata Steel hopes to save Rs.100 using Dhamra port
January 18th, 2011 - 7:42 pm ICT by IANS
Chennai, Jan 18 (IANS) Tata Steel Ltd is confident of saving at least Rs.100 crore annually once the Dhamra port in Orissa is fully operational, a company official said here Tuesday."We will ... Read more...
Posted in Business |
ArcelorMittal again extends bid for Canadian ore company
January 11th, 2011 - 1:31 pm ICT by IANS
By Gurmukh Singh
Toronto, Jan 11 (IANS) Global steel giant ArcelorMittal and rival bidder Nunavat Iron Core extended their competing bid deadlines for Toronto-based Baffinland Iron Mines Tuesday.While Nunavut extended its offer ... Read more...
Posted in Business |
ArcelorMittal again gets nod from Canadian company for takeover
January 5th, 2011 - 12:42 pm ICT by IANS
By Gurmukh Singh
Toronto, Jan 5 (IANS) Backing ArcelorMittal once again, Toronto-based Baffinland Iron Mines Corporation has asked its shareholders to reject the higher offer by rival Nunavat Iron Ore Acquisition Inc ... Read more...
Posted in Business |
ArcelorMittal hikes bid for Canadian iron ore giant
January 1st, 2011 - 3:40 pm ICT by IANS
By Gurmukh Singh
Toronto, Jan 1 (IANS) Toronto-based Baffinland Iron Mines Corp Friday asked its shareholders to accept ArcelorMittal's higher offer of $1.40 a share or $550.7 million. The world's biggest steel ... Read more...
Posted in Business |
Japanese firm to help develop specialty steel in India
November 12th, 2010 - 6:28 pm ICT by IANS
New Delhi, Nov 12 (IANS) Sunflag Iron and Steel, which supplies components to leading auto manufacturers like General Motors, Maruti Suzuki, Toyota and Nissan, has signed an agreement with Japanese firm Daido ... Read more...
Posted in Business |
Mumbai band reunites after 30 years
November 6th, 2010 - 6:47 pm ICT by IANS
Mumbai, Nov 6 (IANS) When the band culture was fairly unknown in India, four young men decided to give Mumbai the taste of a live band. And after a split 30 years ... Read more...
Posted in Entertainment |
Environment ministry stops Vedanta’s refinery expansion in Orissa
October 22nd, 2010 - 12:50 am ICT by IANS
New Delhi, Oct 21 (IANS) The environment ministry Thursday decided to stall the six-fold expansion of London-based Vedanta's aluminium refinery and captive power plant in Orissa citing violation of environment laws and ... Read more...
Posted in Environment |
Jiangsu Group tops list of China’s top-500 private companies (Lead)
October 12th, 2010 - 10:23 pm ICT by IANS
Beijing, Oct 12 (IANS) China's largest privately owned steel company Jiangsu Shagang Group has topped the list of its top 500 private companies in 2010, a media report said Tuesday.With a ... Read more...
Posted in Business |
Environment panel to submit POSCO report Oct 11
September 27th, 2010 - 8:29 pm ICT by IANS
New Delhi, Sep 27 (IANS) Environment Minister Jairam Ramesh Monday said the panel probing violation of laws by South Korean steel major POSCO's $12 billion project in Orissa will submit its report ... Read more...
Posted in Environment |
Central panel inspects POSCO’s proposed port site
September 21st, 2010 - 5:28 pm ICT by IANS
Bhubaneswar, Sep 21 (IANS) A four-member central panel Tuesday visited POSCO's proposed port site near Paradip town in Orissa to examine various alleged violations, an official said.
The team, headed by former union ... Read more...
Posted in Business |
‘Posco can have majority stake in JV with SAIL’
September 20th, 2010 - 4:36 pm ICT by IANS
New Delhi, Sep 20 (IANS) The union government is not averse to Posco securing majority stake in the proposed Rs.12,000 crore joint venture between the South Korean steel giant and the state-run ... Read more...
Posted in Business |
14 dead, four missing in Venezuelan plane crash
September 14th, 2010 - 10:02 am ICT by IANS
Caracas, Sep 14 (DPA) At least 14 people were killed and four others remained missing after an aircraft carrying 47 passengers and four crashed Monday in southern Venezuela, authorities said.
Thirty-three people were ... Read more...
Posted in World |
At least 15 die in eastern Venezuela plane crash
September 14th, 2010 - 12:46 am ICT by BNO News
CIUDAD GUAYANA, VENEZUELA (BNO NEWS) -- At least 15 people were killed when a passenger plane belonging to Venezuelan state-owned airline Conviasa crashed near an airport in Bolívar State on ... Read more...
Posted in World |
Plane carrying 47 crashes in Venezuela, 23 survive (Lead)
September 14th, 2010 - 12:08 am ICT by IANS
Caracas, Sep 13 (DPA) At least 23 people survived when an aircraft carrying 43 passengers and a crew of four crashed Monday in southern Venezuela, authorities said.
The plane, operated by the state ... Read more...
Posted in World |
Conviasa passenger plane crashes in eastern Venezuela, some survive
September 13th, 2010 - 10:50 pm ICT by BNO News
CIUDAD GUAYANA, VENEZUELA (BNO NEWS) -- A passenger plane belonging to Venezuelan state-owned airline Conviasa crashed near an airport in Bolívar State on Monday morning, authorities said.The ATR 42 aircraft, which was ... Read more...
Posted in World News |
Scope of central panel probing violations by POSCO widened
August 30th, 2010 - 11:23 pm ICT by IANS
New Delhi, Aug 30 (IANS) The central environment ministry has decided to widen the scope of an investigation panel probing violation of laws by South Korean steel major POSCO's $12 billion project ... Read more...
Posted in Business |
Central panel inspects POSCO site
August 27th, 2010 - 6:48 pm ICT by IANS
Bhubaneswar, Aug 27 (IANS) A four-member central panel led by former environment and forests department secretary Meena Gupta Friday visited the proposed POSCO site in Orissa to check if there was any ... Read more...
Posted in Business |
24 killed in China bus fire (Lead)
July 5th, 2010 - 7:02 pm ICT by IANS
Beijing, July 5 (IANS) At least 24 people were killed and 19 injured after a fire broke out on a bus in China, authorities said Monday.
The incident occurred Sunday night when the ... Read more...
Posted in World |
24 killed, 19 injured in a bus fire in eastern China
July 5th, 2010 - 1:02 pm ICT by ANI
Beijing, July 5 (ANI): Twenty-four people were killed and 19 others injured after fire engulfed a Chinese steel company's shuttle bus last night in Wuxi city of East China's Jiangsu province.According to ... Read more...
Posted in World |