Press Trust Of India / Mumbai September 15, 2008, 5:06 IST

True to its tagline

with the Orissa government going full steam with its industrialization drive, business houses are flexing their muscles

World's richest Indian Lakshmi Mittal, known for creating the world's largest steel empire mostly through merger and acquisitions, said that there was no Indian company on his takeover radar.

"It is very unlikely that we get an M&A opportunity in India as Indian entrepreneurs are doing very well and whatever expansion we are planning in India would be through greenfield projects," Mittal said in New Delhi.

"It is very unlikely for us to do an M&A deal in India," he said.

Inordinate delay in approvals will push project costs

NEW DELHI: Dubbing the Singur land row, which has been affecting Tata

Nevin John / Mumbai September 10, 2008, 0:15 IST

Billionaire Anil Agarwal-controlled Vedanta Resources has decided not to pursue a proposal to build a Rs 20,000-crore five-million-tonne steel project in Orissa in view of its strategy to focus on non-ferrous and iron ore businesses, two highly-placed sources in the company said today.

SRINAGAR, Sep 8: The 24th meeting of Apex Clearance Committee (APCC) was held today under the chairmanship of Chief Secretary S. S. Kapur to clear various investment proposals in medium and large sector.
The committee approved a proposal of Steel Authority of India, a Government of India enterprise for setting up of a steel processing unit at Lassipora, Pulwama in Kashmir division.

Indian companies are paying the price of the government

The financial bids for Tangarpada chrome ore mines of state- owned Industrial Development Corporation of Orissa Limited (Idcol) are out in open now. But the important question is which of the three - Tata Steel, Jindal Stainless and VISA Steel that took part in the bidding - serves the

Giridih, Sept. 7: East Singhbhum

TO TIDE over coal shortage faced by power producers, ministry of coal and Coal India (CIL) are taking various measures, including import of coal and exploitation of more mines for captive use. While government has identified about 75 coal and 20 lignite blocks for captive use, CIL is planning to import coal for the first time this year.