Bhubaneswar: Odisha Mining Corporation (OMC) today said its joint venture agreement with Delhi-based Sainik Mining and Allied Services Ltd (SMASL) has been cancelled.

The details of how the reserve price would be calculated and the quantum of the outgo for the world's largest coal miner are yet to be worked out

There may be no going back on bidding for coal blocks by the government, but a new policy would put a price on mining rights for even government-controlled Coal India Ltd (CIL). The coal ministry has decided to charge CIL a “reserve price” for the 116 coal blocks allotted to the state-owned miner. “We are going to ask CIL to pay a reserve price for all the 116 blocks allocated to the company last month. No reserves would be allocated for free now,” a senior coal ministry official told Business Standard.

With locals protesting against Hindalco’s move to mine Mali Parbat, the contractor who was working on making the mine operational has left.

In his recent blog for the Harvard Business Review, Gary Hawkins, CEO, Hawkins Strategic, a US-based consultancy focused on gathering, understanding, and using detailed customer data in retail, say

Bhubaneswar: Ahead of the week-long Odisha visit of the Justice M B Shah Commission, beginning from October 3, to probe the mining scam in different parts of the country, the state government today

New Delhi The CBI probe into the coal block scam is set to widen as the agency has now registered a preliminary inquiry into the allocation of captive coal blocks to state-owned mineral corporation

‘28, Najafgarh Road, New Delhi’. This was the address used by four companies of Congress MP and industrialist Naveen Jindal that applied for coal blocks between 2006 and 2009.

A petition was filed on Wednesday in the Supreme Court to restrain the resumption of iron and manganese ore mining in Goa amid a judicial commission estimating a loss of Rs 35,000 crore to the exch

New Delhi: A multi-disciplinary investigation has detected a massive fraud by several mining companies by showing transport of iron ore for exports through railways as movement for domestic consump

New Delhi: Stepping up action, the government on Monday decided to cancel six more coal blocks allocated to private companies and deduct bank guarantees of seven others for failing to develop the m