Mining
Vedanta mulls Sesa Goa, Sterlite merger
22 Feb 2012
If the merger goes through, Sterlite Industries will have a combined market cap of nearly Rs65,000 crore
Rio Tinto to spend $3.4 billion on iron ore expansion
08 Feb 2012
Rio Tinto, the world's third-largest mining company, has earmarked a further $3.4 billion to expand its iron ore mines in Western Australia's Pilbara region to meet future demand from Asia, especially China
Investors voice opposition to Glencore-Xstrata merger
08 Feb 2012
Two of Xstrata’s biggest shareholders have publicly voiced their concerns and said that they would vote against the "lop-sided" deal
Xstrata and Glencore agree on $90-billion all-share merger
07 Feb 2012
Diversified Swiss miner Xstrata and commodities giant Glencore today agreed on a $90-billion merger, the largest takeover in the industry that would create a mining and trading powerhouse with sales of $209 billion
NMDC looking at more overseas acquisitions
04 Feb 2012
Swiss giants Xstrata, Glencore in talks for $80-billion "merger of equals"
02 Feb 2012
A merger between the two Swiss giants could create a company worth more than $80 billion and with revenues of around $175 billion, making it the biggest mining takeover to date
Krishna gets SC reprieve from Karnataka HC order
27 Jan 2012
The Supreme Court today granted a stay on the Karnataka high court's order for probe against external affairs minister SM Krishna in an alleged case of illegal mining during his tenure as chief minister
1-million carat diamond mine found in China
13 Jan 2012
The mine has a reserve of 1 million carats, according to the Bureau of Geology and Mineral Resources and will take 30 years to mine the entire deposit.
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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