Mining
SBI defends $1bn Adani loan against ‘crony capitalism’ charge
21 Nov 2014
SBI chief Arundhati Bhattacharya clarified that the bank has only entered into a memorandum of understanding with the group and that funds would only be released after due diligence
Government announces draft rules for e-auction of coal blocks
19 Nov 2014
While the government said the auction will not be a "revenue maximising exercise", it has proposed a cap on the number of blocks one entity can bid for so as to ensure that coal blocks are not monopolised
Ex Xstrata chief Mick Davis keen to bid for Anglo American’s Chilean copper mines
10 Nov 2014
Mick Davis, who transformed Xstrata into a mining giant through aggressive acquisitions, launched mining company X2 earlier this year after he left Xstrata following its acquisition by Glencore last year

