SHILLONG, Sept 22: The Mait Shaphrang Movement has said that 11 ferro alloy companies based in Byrnihat, Ri-Bhoi district have enjoyed subsidy amounting to Rs 36,35,12,218 provided by the central government since 2001 with thanks to the State industrial policy.

STEEL major Tata Steel has said that the government

NEW DELHI: Union Steel Minister Virbhadra Singh on Monday said the government was not opposed to South Korean steel giant POSCO getting a majority stake in its proposed Rs.12, 000-crore joint venture with Steel Authority of India Ltd.

Ranchi, Sept. 19: Existing and prospective industry and mining players of Jharkhand are apprehensive about the draft mining bill, which seeks to make them share 26 per cent of profits with locals. A group of ministers (GoM) approved the draft bill on September 17.

Speaking to The Telegraph, Jindal Steel & Power Limited

Illegal Mining In 7 States Leads To Speeding Up Of Work On Sector Watchdog
Urmi A Goswami NEW DELHI

THE government plans to set up the National Mining Regulatory Authority through an ordinance under the exisiting Mines and Mineral (Development and Regulation) Act. The ordinance is likely to be issued within a month.

THE National Environment Appellate Authority (NEAA) has faulted the environment ministry for the manner in which environmental clearance was granted to Vedanta

THE group of ministers (GoM), headed by finance minister Pranab Mukherjee, that is finalising a new mining bill on Friday failed to approve the draft legislation, but hoped that a broad consensus would eventually translate into a final approval at the next meeting.

The bill, which aims to balance aspirations of both investors and project-affected persons, has already gone through marathon d

Troubles could soon ignite for state-run behemoths having Vedanta-style joint ventures with private mining companies as the union mines ministry has decided to subject such JVs to intense scrutiny.

Asking the mineral-rich states to be

Mumbai: ArcelorMittal, the world

A month or two ago, just as the government was getting ready to open the tenders for the removal of the