Order of the National Green Tribunal in the matter of News Item titled "2 killed in blast at illegal cracker unit in Thanjavur appearing in The Hindu dated 19.05.2025". The application is registered suo-motu on the basis of the news item titled 2 killed in blast at illegal cracker unit …
IT APPEARS that steel, cement and power companies would have to dig deeper into their pockets if they want to do business with the Railways. In a major twist to the public-private partnership (PPP) model, the Railways have decided to ask all private companies involved in the partnership projects in …
Just a day after finance minister Chidambaram warned steel and cement manufacturers of tough measures if they did not desist from cartelization, government has done an extraordinary about-turn and said no evidence of such practices has come to light as yet. The extraordinary sequence played itself out within the space …
Even as the government has railed against steel and cement manufacturers for behaving like a cartel, the Competition Commission of India (CCI), the body that is supposed to take action against any abuse of market dominance, says it is in no position to do so. The issue of cartels and …
Steel Authority of India Limited (SAIL), which entered its golden jubilee year of production in February, ended the year 2007-08 with new landmarks in performance by producing 13.04 million tonnes of saleable steel for the first time. This was a consequence of several initiatives like utilising full potential of available …
The world's largest steel company ArcelorMittal, which is setting up two steel plants in India of 12 million tonne capacity each, has said that access to land, raw material, and natural resources remains a challenge for its greenfield plans in the country, and these constraints are expected to delay many …
SOUTH KOREA'S POSCO said on Thursday it was considering a rise in steel prices, easing fears that rising raw material costs will hit its earnings, and lifting its shares to a four-week high. The company, the world's fourth largest steelmaker, also said it may bid for Daewoo Shipbuilding, which analysts …
The Supreme Court on Friday asked South Korean steel major Posco to approach the Orissa government for allotting demarcated mining area for its proposed Rs 51,000 crore mega steel plant. A special environmental bench headed by Chief Justice K G Balakrishnan asked Posco India Pvt Ltd, a subsidiary of Korea-based …
One step forward and two steps backward. This apparently is how Posco's proposed mega Rs 51,000-crore steel plant in Orissa has progressed for last three years. Unable to overcome the opposition, the South Korean company and the Orissa government on Monday developed cold feet yet again, deferring their plans indefinitely …
Steelmaker POSCO-India on Monday dropped its plan to perform the groundbreaking ceremony for the proposed 12 million tonne per annum mega steel project in Orissa on April 1. The company had announced the date a few months ago after a meeting between Chief Minister Naveen Patnaik and Chief Executive Officer …
The Centre could give its consent to the proposed Nayachar chemical hub in two to three months. Union minister Ram Vilas Paswan said an expert panel was examining the proposal sent by Bengal. Bengal's 162sqkm Nayachar-Haldia project falls short of the proposed central stipulation of 250sqkm to be called a …
The Chhattisgarh government has acquired land from more than 1,000 people in the Lohandiguda block of Bastar district to facilitate Tata Steel build its greenfield integrated steel plant in the district. "Till February 23, 2008, the state government has paid a compensation of Rs 34.75 crore to 1,009 people against …
Is global steel giant ArcelorMittal diversifying into the energy sector, especially oil and gas? Asked this question, Mr Aditya Mittal, the Chief Financial Officer of the company said: "India is an energy-deficient country and we are already working with the Government.' The London-based, ArcelorMittal has 27 manufacturing plants across the …
This study examines the utilization of iron ore in India. It takes into account the significant reserves of iron ore in India and allays fears that the country's steel industry will run out of iron ore resources if exports continue at the current level. On the contrary,it says that exports …
The unions of public sector units are opposed to entrusting land belonging to AP Steel Factory to private agencies for developing it. The land is located in Paloncha town and several private companies vied for it. It is valued at over Rs 100 crore. The workers union of Sponge Iron …
Chinese conglomerate Xinxing Group, along with its partners, will invest Rs 8,735 crore to set up a pellet and steel manufacturing facilities in Karnataka in two phases. The $11 billion group along with Chinese and Indian partners has forged a joint venture, XINDIA Steels Ltd, to set up a steel …
Rehab, clearances a bother in Jharkhand, Orissa, Chhattisgarh. Tata Steel's greenfield projects in Jharkhand, Orissa and Chhattisgarh have been delayed by about 12 to 16 months due to issues over land acquisition and resettlement, the company's executives said. The company plans to invest about Rs 90,000 crore in the three …
SINOSTEEL, the $16-billion state-owned Chinese steel major, will start work on its proposed unit in West Bengal in April. The new unit due to come up in the port town of Haldia will be Sinosteel's first manufacturing presence in India. Sinosteel, which plans an investment of Rs 200 crore, will …
THEglobal steel sector is passing through a phase of extraordinary growth due to all round growth in steel demand led by China and India. International Iron & Steel Institute's (IISI) provisional report shows that the world crude steel production has increased from 1,250 million tonne in 2006 to 1,343 million …
China-based Sinosteel today said it would set up its first integrated steel plant in Jharkhand and a cold forged rolls unit at Haldia in West Bengal. "We are in the mining, designing and equipment supply business and have participated in the construction of big steel plants in China. But, for …
Himachal Pradesh would explore the possibilities of creating a Nanobiosys Technology Park in a joint venture, Chief Minister P.K. Dhumal said presiding over the 29th meeting of the state-level Single-window Clearance and Monitoring Committee held here today. The committee gave its clearance to 13 industrial-units involving an investment of Rs …
