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Maithan Alloys to buy Andhra plant in liquidation process, over 90% haircut for lenders

Manufacturing

01 June, 2021

Maithan Alloys to buy Andhra plant in liquidation process, over 90% haircut for lenders

Maithan Alloys Ltd, one of India’s largest manganese alloy producers, will acquire a Kolkata-based firm which owns a manufacturing unit ......

Govt seeks to raise $70 mn from stake sale in miner MOIL

Manufacturing

23 January, 2017

Govt seeks to raise $70 mn from stake sale in miner MOIL

The government will sell a 10% stake in state-run manganese ore mining company MOIL Ltd to raise as much as ......

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 ......