ED attaches Sandesara group’s oil rigs, oil field, ships in Nigeria
Last year, the ED had attached over Rs 4,700 crore of assets belonging to group company Sterling Biotech Ltd and its subsidiaries. Its promoters Chetan Sandesara and Nitin Sandesara are suspected to be in Nigeria.
Rourkela Steel Plant: Making Steel in harmony with nature
Regular monitoring, sampling and analysis of various environmental parameters are a...
Tata Steel to acquire 100% equity in Brahmani River Pellets
The company said it had signed definitive agreement with Aryan Mining and Trading...
Gadkari lays foundation stone for second bridge over Brahmani in Rourkela
The new bridge, which BJP MLA and hotelier Dilip Ray had been campaigning for, would be build at a cost of around Rs 550 crore and completed in two years, said Nitin Gadkari
Paradip to be made a smart port, smart city: Nitin Gadkari
Plans are also afoot to construct a railway line between Paradip and the coal town of Talcher at an investment of Rs 9,000 crore, Gadkari said.
Tata Steel to acquire BRPL at enterprise value of Rs 900 crore
The deal will be financed through the flagship’s internal cash flows, according to a statement, and help Tata Steel ramp up its new 3 mt steel plant at Kalinganagar.
JSW Steel may team-up with Noble Group for Stemcor deal
Sources with direct knowledge suggest that Sajjan Jindal’s JSW Steel may form an alliance with Hong Kong-based trading giant Noble Group to buy Stemcor’s assets.
Stemcor may auction its Indian assets: Report
With race for buying Stemcor's $ 800-million Indian assets hotting up, the British steel company may go the auction way to choose a buyer from a host of interested entities.
NGT notice to Centre, Odisha, Essar Steel on river water use
In their plea, they have also sought NGT's directions to restrain construction of water intake wells and pumping stations by Essar Steel.
Jaihind Projects bags Rs 81.58 cr orders; stock up
Jaihind Projects has bagged orders aggregating to Rs 81.58 crores from Mangalore Refinery, Brahmani River Pellets and Sabarmati Gas.
Green nod likely for JSW project in Odisha
JSW Steel had pitched to build a the 13.2MT plant at the site in Jagatsinghpur once allocated to Posco for its proposed steel project.
NGT pulls up Odisha pollution board for going soft on polluting unit
Visa Steel’s plant in Kalinganagar, Odisha could face action including temporary closure, criminal prosecution or compensation for environmental damage.
Vijay Goel demands ban on lottery in country
Vijay Goel asserted that lottery is a social evil and poor people suffer.
Dilip Ray and Bijoy Mohapatra quit Odisha unit
Two national executive members of the BJP from Odisha, Rourkela MLA and former Union minister Dilip Ray and Bijoy Mohapatra, quit the party on Friday.
Domestic pellet makers are in for better times: ICRA
China remains India’s preferred pellet export destination with a share of 81% in FY2018 (67% in 4M FY2019, the ICRA report said.
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