Mining
Joy Global to buy 41 % of China's International Mining Machinery for $585 mn
15 Jul 2011
Beijing-based IMM, which has a market value of about $1.09 billion, is a leading designer and manufacturer of underground longwall coal mining equipment in China.
Varun Group uncovers rare earth deposits in Madagascar blocks
06 Jul 2011
Mumbai-based Varun Group said Tuesday it had discovered rare earth critical to the technology industry and titanium minerals in its ten exploratory and mining lease blocks in Madagascar.
NMDC in talks to acquire majority stake in Brazilian iron ore mining firm
28 Jun 2011
State-owned NMDC has signed a deal of confidentiality with a Brazilian miner and is currently conducting due diligence surveys of lts iron ore mines
Perdaman suing Lanco Infra for A$3.5 bn over coal supply pact default
24 Jun 2011
Perdman alleges the uncertainty over the supply of coal affected around 20 of its supply contracts with its own stakeholders, affecting its relationships with them
Ramesh clears mining proposals in Chattisgarh
24 Jun 2011
Tata Steel exits Riversdale with A$1 billion stake sale
16 Jun 2011
Tata Steel would, however, keep its 35 per cent stake in a Riversdale unit that owns coal assets in Mozambique and look to enhance participation in the Benga joint venture.
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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