Business

By Anurjay Dhal BHUBANESWAR: The auction of Gorumahisani iron ore block in Odisha’s Mayurbhanj district began Monday. A total of 11 mining companies are bidding for the block with an estimated ore reserve of 17.60 million tonnes,...

By Anurjay Dhal BHUBANESWAR: Adani Group Chairman Goutam Adani was on Saturday met Odisha Chief Minister Naveen Patnaik here and discussed various issues. “Adani called on Chief Minister Shri Naveen Patnaik today...

By Anurjay Dhal BHUBANESWAR: The Jharkhand’s Chaibasa Headquarters Rungta Mines Ltd, which was lost its Jajang Iron Ore Block in Odisha’s mineral rich Keonjhar district to Sajjan Jindal led JSW Steel, the leading Merchant miner is now...

By Our Correspondent NEW DELHI/BHUBANESWAR: The Minister of Chemical and Fertilizers D. V. Sadananda Gowda informed the Rajya Sabha in a written reply on Friday said that Talcher Fertilizers Limited (TFL), Odisha is likely to...

By Anurjay Dhal BHUBANESWAR: Shyam Ore on has bagged the Jilling-Langalota iron ore block in Odisha’s Keonjhar district by committing to pay 135 per cent of sale to the Odisha government.Current lessee of the block is...

By Anurjay Dhal BHUBANESWAR: JSW Steel on Wednesday bagged the Ganua Iron Ore Block under Koira circle of Odisha’s mineral rich Sundargarh district. With this Sajjan Jindal led JSW Steel bagged three Blocks in Odisha...

By Anurjay Dhal BHUBANESWAR: The final stage of auction for Jilling-Langalota iron ore block in Kenojhar will be held Wednesday. Adani Enterprises has made the highest initial price offer of 80.70 per cent while Serajuddin, JSW Steel,...

By Our Correspondent BHUBANESWAR/JODA: Days after his elder brother Sajjan Jindal led JSW Steel won two major mines in Odisha, younger brother Naveen Jindal led Jindal Steel and Power Ltd, which has been under the...

By Our Correspondent BHUBANESWAR: Of the 13 technically qualified bidders, Serajuddin & Co, ArcelorMittal India Pvt Ltd, JSW Steel, Adani Enterprises Ltd and Rungta Mines Ltd are in the final race for one...

By Our Business Bureau NEW DELHI/KOLKATA/BHUBANESWAR: In its latest publication titled 'Indian Mining: A Synopsis', Federation of Indian Mineral Industries (FIMI) notes that before introduction of auctions to award mineral assets, 2754 MLs were executed between...