Mining
India’s Lanco outbids Chinese rivals to bag Australia’s Griffin for $850 mn
15 Dec 2010
Infrastructure and power generation company Lanco Infratech has outbid Chinese and Japanese rivals to acquire Australia’s Griffin Coal, for around $850 million, making it India’s second-largest investment in the Australian coal sector
Xstrata announces record $23-bn spending to boost growth
07 Dec 2010
Swiss diversified miner Xstrata is planning to spend $23 billion on new and existing mines by 2016 to boost growth by 50 per cent
Rio Tinto may overtake Tata Steel as Riversdale's largest shareholder
06 Dec 2010
Rio Tinto is in talks to buy Australia-based, Africa focused coal miner Riversdale Mining, in which Tata Steel is the largest shareholder.
NTPC awards Rs24,200-crore mining contract to Australia's Leighton
By By Ravi Kunder | 02 Dec 2010
This is the largest contract awarded by NTPC, for which it has a firm $300 million credit line with Bank of Tokyo-Mistubishi. Ravi Kunder reports
Heavy rains hit min ing, power generation at NLC
27 Nov 2010
Anglo American could divest platinum business: Liberum Capital
25 Nov 2010
Anglo American, which owns an 80-per cent stake in Anglo Platinum Limited, the world’s largest producer of the precious metal, may resort to a divestiture to raise its valuation if it decides to sell itself
JSW Energy to buy Botswana-focused coal miner CIC Energy for Rs1,878 crore
24 Nov 2010
The acquisition marks the entry of the independent power arm of Sajjan Jindal's $5-billion JSW Group into Africa
Fortescue to invest $8.4 billion on Pilbara ore expansion
19 Nov 2010
The investment will nearly triple Fortescue Metal's iron ore production from 55 million to 155 million tonnes a year by mid 2014
Brazil's Vale unveils $10-bn investments in Canadian operations
18 Nov 2010
The world's second-largest mining company yesterday announced plans to spend $10 billion over the next five years in its Canadian operations
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
.jpg "CBDT explains Budget proposal on capital gains tax")
.jpg "Economic Survey projects India’s GDP growth at 6.5–7% in 2024-25")
.jpg "Adani-Sirus joint venture to acquire 77.5% stake in Coredge.io parent Parserlabs")
