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Deepak Kumar Sahu

Monnet Ispat stake sale likely by March-end, says chairman

Manufacturing

23 February, 2017

Monnet Ispat stake sale likely by March-end, says chairman

The process of selling a majority stake in Monnet Ispat and Energy Ltd (MIEL) is likely to be over by ......

Steelmaker Usha Martin plans to sell wire rope business

Manufacturing

10 February, 2017

Steelmaker Usha Martin plans to sell wire rope business

Speciality steel maker Usha Martin Ltd is planning to sell its wire and wire rope business.“The board of directors of ......

Tata Steel to buy majority stake in Odisha port project

Infrastructure

25 January, 2017

Tata Steel to buy majority stake in Odisha port project

Tata Steel Ltd on Wednesday said that it has signed a definitive agreement with Creative Port Development Pvt. Ltd (CPDPL) ......

SAIL, ArcelorMittal ironing out kinks for $1 bn JV, says steel minister

Manufacturing

16 December, 2016

SAIL, ArcelorMittal ironing out kinks for $1 bn JV, says steel minister

Indicating that differences between state-run Steel Authority of India Ltd (SAIL) and world’s largest steel company ArcelorMittal SA for setting ......

Blackstone-backed Monnet Ispat in talks to sell steel and power business

Manufacturing

28 September, 2016

Blackstone-backed Monnet Ispat in talks to sell steel and power business

Debt-laden Monnet Ispat and Energy Ltd (MIEL) is in advanced discussions with various investors for a stake sale in the ......

Air India chief Ashwani Lohani in fray for Railway Board chairman's post

Transportation

27 June, 2016

Air India chief Ashwani Lohani in fray for Railway Board chairman's post

State-run Air India’s chairman and managing director Ashwani Lohani is in the race to be the next chairman of the ......

Govt shortlists seven bankers for Oil India stake sale

Manufacturing

21 June, 2016

Govt shortlists seven bankers for Oil India stake sale

The government has shortlisted seven merchant bankers to assist in the disinvestment process of state-owned Oil India Ltd (OIL).The merchant ......

Govt notifies draft rules for transfer of mines, seeks comments till 25 May

Manufacturing

12 May, 2016

Govt notifies draft rules for transfer of mines, seeks comments till 25 May

The government on Wednesday notified draft rules for transfer of captive mine leases in the event of ownership changing hands.According ......

India misses mineral drilling targets for FY16

Manufacturing

11 May, 2016

India misses mineral drilling targets for FY16

Despite efforts to increase the country’s mineral production, India has failed to achieve mineral exploration targets for financial year 2015-16 ......

Railways to charge uniform freight charges for domestic iron ore consumption and exports

Manufacturing

10 May, 2016

Railways to charge uniform freight charges for domestic iron ore consumption and exports

In an attempt to boost iron ore exports, the Indian Railways has decided to withdraw the dual freight policy for ......