mydigitalfc.com - Industry

ArcelorMittal gets licence to prospect iron ore in J'khand

Mon, 05 Apr 2010 16:24:45 +0530

The government today said it has granted licence to ArcelorMittal for prospecting iron ore in Karampada region of Jharkhand, a move which will give boost to the steel giant's proposed

20 per cent duty on iron ore exports sought

Tue, 30 Mar 2010 14:39:27 +0530

The Steel Ministry is learnt to have sought Prime Minister Manmohan Singh's intervention for imposition of 20 per cent export duty on iron ore shipments.

"Yes, Steel Minister Virbhadra Singh

CIL plans to produce 461.5m tonne coal in FY'11

Tue, 30 Mar 2010 13:16:51 +0530

State-owned Coal India Ltd (CIL) plans to produce 461. 5 million tonnes of coal in 2010-11 against the envisaged production of 435 million tonnes in the current fiscal a

Uncertainty over gas supply hits urea expansion projects

Tue, 30 Mar 2010 08:34:47 +0530

MAJOR urea expansion projects announced last year by fertiliser majors have come unstuck with the government yet to commit uninterrupted gas supply to execute these projects. The ministry is

Jet leases 3 Boeing planes to Thai Airways

Thu, 25 Mar 2010 17:40:14 +0530

In a bid to rationalise its capacity and cut costs, the country's largest airline by market share Jet Airways today said it will lease three of its wide-body Boeing planes

Tata Steel to start work on Orissa project soon

Tue, 23 Mar 2010 16:28:02 +0530

Tata Steel today said work on its Rs 21,000-crore Kalinganagar project in Orissa, which is already delayed by four years due to stiff resistance from locals over the issues of displacement and rehabilitation, is likely start next month.

India to need $120b for aircraft, aviation infra

Sun, 21 Mar 2010 16:23:11 +0530

India would require $120 billion for aircraft acquisition and building aviation infrastructure to meet domestic passenger traffic, which is expected to touch 240-260 million per annum by 2020.

The airport

SAIL, NTPC seek Maharatna status

Thu, 18 Mar 2010 12:24:29 +0530

SAIL and NTPC, two of the blue- chip PSUs, have approached the government seeking the coveted Maharatna status that will give them greater financial autonomy.

"We have received their applications

ArcelorMittal to set up $130m steel mill in Iraq

Tue, 16 Mar 2010 13:36:09 +0530

Global steel giant ArcelorMittal today said it will set up a USD 130 million steel plant in war-torn Iraq in collaboration with Turkish firm Dayen.

"ArcelorMittal has signed an MoU

Interest, depreciation, rentals make up 80 % of AI losses

Sun, 14 Mar 2010 15:42:27 +0530

Around 80 per cent of the Rs-5,548 crore losses posted by the National Aviation Company of India last financial year are on account of interest payment on borrowings, depreciation and