New Delhi: The Chhatrasal coal block in Madhya Pradesh is in the eye of a storm again, with the group of ministers (GoM) forcing the ministry of environment and forests (MoEF) to review its decisio

New Delhi The recent freight rate hike announced by railways and the increase in excise duty from 10% to 12% are likely to make domestic steel costlier by over R1,000 per tonne.

Major steel companies including Jindal Steel and Power (JSPL), Essar and Rashtriya Ispat Nigam (RINL) on Wednesday announced their plans to go for a price hike next month.

Buoyed by its Hazira complex becoming the country's largest single location flat steel maker with 10 million tonne per annum capacity, Essar Steel is set to commission a pellet unit in a week in Odisha to pave the way for setting up of its proposed 6 million tonne integrated steel plant.

"Our proposed 12 million tonne pellet plant is likely to start production in about a week in Odisha's Paradip where we want to replicate ths success story of Hazira complex," Essar Steel India's MD and CEO Dilip Oommen said.

Though the Orissa government is quite prompt in signing a number of memoranda of understanding (MoUs) with different MNCs and corporate houses for execution of different mega projects in the state,

New Delhi Companies in fertilisers and LPG, which are largely immune to the supply crunch on natural gas due to the stagnating output from the KG D6 block, could soon face serious input shortages.

Steel industry worried, points to implications on downstream investment plans, taxation.

Bureaucratic apathy holds up any possible increase in oil and gas production

Essar Power (EPL) has moved the Supreme Court seeking to set aside the demand of around R400 crore raised by Gujarat Energy Transmission Corporation (GETCO) for transmission and wheeling of electri

Industries to chip in with 40 lakh plants and saplings

The consortium of Indian companies, which has bid for the Hajigak iron ore mine in Afghanistan, has appealed to the Prime Minister’s Office (PMO) for financial assistance in executing the ambitious