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CAG hauls up Nalco for under performance, expensive delay

CAG estimates Nalco wasted an opportunity to earn Rs 1,086.6 crore from 2012 to 2017 because of inadequate power leading to underutilisation of its smelter.

NMDC had approached government of Karnataka to facilitate execution of lease deed and resumption of operations at Donimalai Mine.

Thyssenkrupp inks pact with Gainwell to strengthen market presence in India

Thyssenkrupp is expecting to capture a significant market share through this distribution agreement.

Govt to auction 41 new coal blocks 'very shortly'

​Responding to supplementary queries during the Question Hour, Joshi said, "we are going to auction more than 41 new coal blocks very shortly".

Demand to raise royalty on coal in Rajya Sabha

Amar Patnaik (BJD) said the rate of royalty paid to state governments on coal produced in states was last changed in April 2012 and as per rule was due to be revised in April 2015 but was not done.

We are looking beyond aluminium to create a company of the future: Nalco Chairman

"For the first time, exploring prospects of sourcing lithium in Gujarat and Rajasthan," Nalco chairman TK Chand said.

Spent Rs 10,000 crore on capex in FY19: Vedanta

India currently imports around 80 per cent of its oil and gas requirements, amounting to USD 150 billion.

Government rejects Coal India execs’ demand for pay parity

Centre says that the current salaries are in line with guidelines set by the department of public enterprises

Gautam Adani woos Amazon and Google with Indian data hubs

Adani expects to invest Rs 700 billion to build data parks in India over the next two decades.

Sanjiv Soni is new CIL finance director

Meanwhile, the tenure of South Eastern Coalfields Ltd personnel director R S Jha's tenure has been extended till January 2021, the sources added.

Gautam Adani doubles down on controversial Carmichael coal mine

Gautam Adani doubles down on controversial Carmichael coal mine

Adani bought the the mine in 2010 as Indian cos rushed for overseas energy supplies amid forecasts of booming demand.

Coal India to roll out business blueprint for ERP

Coal India to roll out business blueprint for ERP

Once the board clears the decks the blueprint will become a standard operating procedure at Coal India and all its subsidiaries covering seven modules under ERP.

Budget 2019: Coal Ministry sees 48% jump in budget allocation to Rs 1,160 cr for 2019-20

Budget 2019: Coal Ministry sees 48% jump in budget allocation to Rs 1,160 cr for 2019-20

The increase has been over the revised estimates of the 2018-19 budget, according to Budget documents.

Coal India could contribute 9% of govt's divestment target in meeting revised minimum public holding limit

Coal India could contribute 9% of govt's divestment target in meeting revised minimum public holding limit

The present minimum shareholding for a listed company is 25% and the budget proposes to increase it to 35%.

Non-ferrous metals market continues to remain in deficit: ICRA

Non-ferrous metals market continues to remain in deficit: ICRA

As per an ICRA note, the slowdown in production growth of aluminium and copper was in turn a result of capacity constraints, which is unlikely to improve significantly in CY2019.

SC asks Meghalaya to deposit Rs 100 cr fine for illegal coal mining

SC asks Meghalaya to deposit Rs 100 cr fine for illegal coal mining

The bench allowed the mining operation to go on in the state on the privately and community owned land subject to the permissions from the concerned authorities.

METALS STOCKS
NSE
BSE

Company NameLatestChange%ChangeVolume
Nifty Metal2741.85-36.75-1.320
Hindustan Zinc220.05-5.05-2.241470948
Hindalco Industries196-4.55-2.276741873
Madras Aluminium Company Ltd.115.550029838
Star Ferro and Cement Ltd140.250.650.4756536
National Aluminium Company45.75-0.7-1.516251491
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