Search result for 'mining'

Coal Minister Reddy to Attend Global Mining Event in Riyadh

January 13, 2025 14:24

Coal and Mines Minister G Kishan Reddy will attend the Future Minerals Forum 2025 in Riyadh, Saudi Arabia, focusing on mineral supply chains and energy transition.

Coal India Eyes Argentina for Lithium Brine Assets

January 12, 2025 11:16

Coal India Ltd (CIL) is looking to Argentina for lithium brine assets as part of its strategic diversification into critical minerals. CIL aims to secure a sustainable supply chain for these...

US Sanctions Russian Energy Sector, 2 Indian Firms Named

January 10, 2025 22:54

The US has imposed sanctions on two Indian companies for allegedly violating American sanctions on Russia by transporting LNG. The sanctions target over 200 entities and individuals, aiming to...

Vedanta Resources Secures USD 300 Million Loan for Debt Refinancing

January 10, 2025 17:15

Vedanta Resources has secured USD 300 million in loans from Barclays, First Abu Dhabi Bank, and Mashreq to refinance its 2024 and 2026 bonds. The company is also looking to upsize the deal and is...

India's Industrial Output Jumps 5.2% in November

January 10, 2025 16:10

India's industrial production grew by 5.2% in November 2024, driven by strong manufacturing performance. The Index of Industrial Production (IIP) highlights positive economic growth.

Hindustan Copper Reopens Rakha Mines with SWML

January 9, 2025 22:52

Hindustan Copper Ltd appoints South West Mining Ltd as the mine developer cum operator for reopening and expansion of the Rakha Copper Mines in Jharkhand. The project will generate employment for...

Jharkhand Achieves 62% Revenue Target: Finance Minister

January 9, 2025 17:29

Jharkhand has achieved 62% of its revenue collection target for the current fiscal year, with Finance Minister Radhakrishna Kishore confident of reaching 90-95% by March 31. The state aims to...

MOIL Penalized Rs 17 Crore for Excess Production at Tirodi Mine

January 8, 2025 21:32

State-owned MOIL faces a Rs 16.77 crore penalty for exceeding production limits at its Tirodi mine in Madhya Pradesh. The penalty was imposed for exceeding production limits during 1993-96 and...

Nalco Appoints Brijendra Pratap Singh as CMD

January 8, 2025 21:04

Brijendra Pratap Singh has taken over as the Chairman-cum-Managing Director (CMD) of Nalco. His appointment is expected to boost the company's expansion plans.

Brijendra Pratap Singh Appointed NALCO CMD

January 8, 2025 20:37

Brijendra Pratap Singh, former SAIL director, has taken over as the CMD of NALCO. He brings over 35 years of experience in the mining and steel sectors.

Coal India & IREL Partner for Critical Mineral Development

January 6, 2025 20:38

Coal India Limited and IREL (India) Limited sign an MoU to collaborate on the development of critical minerals, including rare earth elements, to reduce India's import dependence and support clean...

Happy Forgings to Invest Rs 650 Cr in New Manufacturing Unit

January 6, 2025 13:44

Happy Forgings Ltd will invest Rs 650 crore to establish advanced forging capabilities to serve the non-automotive industrial segment, focusing on heavy forged and machined components for...

UAE & Pakistan Collaboration: Mining, Minerals, & Agriculture

January 5, 2025 21:21

UAE President Mohammed bin Zayed Al Nahyan expresses interest in collaborating with Pakistan in the mining, minerals, and agriculture sectors during a meeting with Prime Minister Shehbaz Sharif.

Caliber Mining IPO: Rs 600 Crore Coal Mining & Logistics Company Files Draft Papers

January 5, 2025 15:40

Caliber Mining and Logistics, a Nagpur-based coal mining and logistics provider, files draft IPO papers with Sebi to raise Rs 600 crore. The IPO includes fresh issue and an offer-for-sale.

Western Carriers India Bags Rs 139-cr Order from Vedanta

January 3, 2025 15:18

Western Carriers India Ltd (WCIL) has secured a Rs 139 crore material handling order from Vedanta Ltd for its Jharsuguda plant, extending their partnership. The order, valid for four years,...

NMDC Iron Ore Production Up 5% in December

January 1, 2025 19:20

NMDC's iron ore production rose 5.1% to 4.71 million tonnes in December, while sales dipped to 3.91 million tonnes.

Reliance Power Arm Pays USD 150 Million Debt

January 1, 2025 16:40

Reliance Power's Sasan Power Ltd. has paid USD 150 million to IIFCL, fulfilling its debt obligation. This repayment will improve the company's financial standing and enhance its credit rating....

Meenakshi Coal Mine to Begin Production in 2028 - Hindalco Industries

December 30, 2024 20:45

Hindalco Industries expects to start production at the Meenakshi coal mine in Odisha by 2028, boosting its aluminium production and creating thousands of jobs.

SAIL & IIT (ISM) Dhanbad Partner for Mining Tech Advancements

December 30, 2024 16:39

SAIL and IIT (ISM) Dhanbad's TEXMiN Foundation collaborate to promote tech advancements in mining and metallurgy, focusing on workforce development and digital transformation.

India Cancels Critical Mineral Auction Due to Low Response

December 29, 2024 11:01

The Indian government has cancelled the auction of 11 critical mineral blocks due to poor response, highlighting the challenges in securing vital resources for green energy and technology.

Hindalco Industries Gets Odisha Coal Mine Allocation

December 27, 2024 16:47

The Indian government has allocated the Meenakshi coal mine in Odisha to Hindalco Industries, a subsidiary of the Aditya Birla Group. The mine, with a peak capacity of 12 MTPA, is expected to...

Limelight Diamonds Opens First Chennai Store, Expands Lab-Grown Diamond Retail

December 27, 2024 15:35

Limelight Diamonds, a lab-grown diamond brand, opens its first Chennai store as part of its expansion plan to open 7 new stores by year-end. The company highlights the growing demand for lab-grown...

India's Growth Outlook: Deeper Commitment Needed Amidst Uncertainties

December 26, 2024 18:02

India's GDP growth moderated in Q2 FY25, but the outlook for Q3 appears bright. The report highlights the need for deeper commitment from all stakeholders to sustain growth amidst emerging global...

L&T Construction & Mining Machinery to Grow 20% in FY26

December 26, 2024 17:30

Larsen & Toubro expects its construction and mining machinery business to grow 20% in FY26 and double sales in the next five years, driven by investments in service capabilities and new...

Tamil Nadu Tungsten Mine: Govt Asks GSI to Redefine Block

December 24, 2024 20:40

India's government has asked the Geological Survey of India to re-examine the Nayakkarpatti tungsten mine in Tamil Nadu and exclude a biodiversity site from the mining block. The Tamil Nadu...

BEML Launches Incubation Center in Bengaluru - Defence & Innovation Focus

December 24, 2024 20:28

BEML inaugurates a new incubation center in Bengaluru, aiming to foster innovation in defense technology and address immediate needs. The center will also focus on developing future solutions.

India's Critical Minerals Mission: Boosting Energy Transition & EV Manufacturing

December 23, 2024 11:50

India launches a national mission to secure critical minerals for green energy and EV manufacturing. This ambitious initiative aims to attract international investment and bolster the country's...

Coal Sector Vital for India's Energy Security & Growth: Minister

December 20, 2024 20:42

Union Minister G Kishan Reddy highlights the crucial role of the coal sector in ensuring India's energy security and economic growth, emphasizing its contribution to sustainable development and...

Vedanta Resources Rating Upgraded by S&P Global

December 20, 2024 20:25

S&P Global upgraded Vedanta Resources' rating to 'B' from 'B-', citing improved funding flexibility and strong operations. The upgrade follows successful debt refinancing and deleveraging efforts.

Offshore Mineral Auction Roadshow in Porbandar

December 20, 2024 16:16

The government is hosting a roadshow in Porbandar to promote the auction of offshore mineral blocks, including lime mud deposits off Gujarat's coast. This initiative aims to unlock India's undersea...

Offshore Minerals: India's New Resource Frontier

December 18, 2024 17:48

India's mines ministry highlights the potential of offshore minerals to meet critical resource demand, launching the first e-auction of mineral blocks.

Tata Steel Launches First All-Women Mining Shift in India

December 17, 2024 14:59

Tata Steel has operationalized an all-women shift at its Noamundi iron mine in Jharkhand, a first in India, highlighting its commitment to gender equality and diversity in the mining sector.

Vedanta Declares Rs 8.5 Interim Dividend for FY25

December 16, 2024 19:45

Vedanta Ltd announces a fourth interim dividend of Rs 8.5 per share for FY25, bringing the total interim dividend to Rs 43.5 per share. The record date for payment is December 24.

Tata Steel Secures Iron Ore Supply for Future Growth

December 15, 2024 11:12

Tata Steel is securing iron ore supply for its growing steel production by engaging with NMDC and OMC, as well as opening new mines.

LIC Sells 2% Stake in NMDC: Share Price Drops

December 13, 2024 21:23

Life Insurance Corporation of India (LIC) has reduced its stake in NMDC by 2%, selling over 5.91 crore shares. LIC's holding in NMDC now stands at 5.6%.

Rupee Recovers 10 Paise to End at 84.78 Against US Dollar

December 13, 2024 16:00

The Indian rupee rebounded from its all-time low, gaining 10 paise to close at 84.78 against the US dollar on Friday, supported by a strong recovery in domestic equity markets and easing inflation...

Sensex, Nifty Surge on Inflation Ease, Telecom Gains

December 13, 2024 15:56

Indian stock indices Sensex and Nifty rallied on Friday, driven by telecom stock buying and encouraging inflation data. The Sensex closed at 82,133.12, while the Nifty settled at 24,768.30.

Sensex, Nifty Slump: Metal Stocks, FIIs Drag

December 13, 2024 11:46

Sensex and Nifty tumbled on Friday, driven by metal stock losses, foreign fund outflows, and weak global cues. FIIs offloaded Rs 3,560 crore worth of equities on Thursday.

Sensex, Nifty Slump: Metal Stocks, FIIs Weigh

December 13, 2024 10:01

Indian stock market indices Sensex and Nifty fell in early trade due to weak global cues, foreign fund outflows, and decline in metal stocks. FIIs sold equities worth Rs 3,560 crore on Thursday,...

Rupee Recovers from All-Time Low, Gains 5 Paise - PTI

December 13, 2024 09:34

The Indian rupee recovered slightly from its all-time low, gaining 5 paise to 84.83 against the US dollar in early trade on Friday. This was driven by favorable domestic inflation data, but a...

India's Industrial Output Slows to 3.5% in October

December 12, 2024 16:09

India's industrial production growth slowed to 3.5% in October 2024, driven by weak performance in mining, power, and manufacturing sectors.

India's Economy Back on Track by Fiscal End: Goyal

December 12, 2024 12:53

India's economic growth is expected to rebound by the end of the fiscal year, according to Commerce Minister Piyush Goyal. Despite global uncertainties, India remains the world's fastest-growing...

BEML Wins Rs 136 Cr Defence Contract for HMV 8x8

December 11, 2024 14:43

BEML secures a Rs 136 crore contract from the Defence Ministry to supply indigenously designed High Mobility Vehicles (HMV) 8x8, boosting India's defence capabilities and 'Atmanirbhar Bharat' vision.

BEML Wins ₹83.51 Crore Defence Contract for 50-Tonne Trailer

December 10, 2024 18:47

BEML secures a contract from the Indian defence ministry to supply a 50-tonne Trailer designed for transporting battle tanks. The order showcases BEML's expertise in indigenous defence technology.

CONEXPO INDIA 2024: Over 1,000 Brands to Participate

December 10, 2024 17:19

bauma CONEXPO INDIA 2024, a four-day construction expo, will feature over 1,000 brands from 100 countries. The event will showcase cutting-edge innovations in construction and mining.

RBI Governor Das: Inflation-Growth Balance Key Task

December 10, 2024 12:31

Outgoing RBI Governor Shaktikanta Das emphasizes restoring inflation-growth balance as the central bank's top priority, highlighting challenges for his successor.

Pixxel Raises USD 24 Million for Satellite Constellation

December 9, 2024 18:23

Google-backed space data firm Pixxel secures USD 24 million in Series B funding, accelerating its hyperspectral satellite constellation launch and Earth observation platform development.

CEAT Shares Surge 12% After Camso Acquisition

December 9, 2024 12:00

CEAT shares rallied over 12% after the tyre maker announced the acquisition of Camso's Off-highway Tyres (OHT) and tracks business for Rs 1,905 crore. The acquisition is expected to boost CEAT's...

CEAT Acquires Camso: Eyes Premium OHT Growth

December 9, 2024 07:30

CEAT acquires Camso's off-highway tyre and tracks business for USD 225 million, aiming to capitalize on the high-growth, premium OHT segment.

Jharkhand to Study Odisha's Mining Revenue Model

December 7, 2024 22:09

Jharkhand Finance Minister Radhakrishna Kishore announced plans to send a team to Odisha to study strategies for increasing revenue from the mining sector. The state aims to boost its income from...

Rajasthan Global Investment Summit: PM Modi to Inaugurate on Monday

December 7, 2024 21:37

Prime Minister Narendra Modi to inaugurate the 'Rising Rajasthan' Global Investment Summit 2024 on Monday, with over 5,000 investors, business leaders, and delegates in attendance.

Rising Rajasthan Global Summit: New Benchmark for Development

December 7, 2024 08:08

A prominent Indian-American leader hails the Rising Rajasthan Global Investment Summit as a potential game-changer for the state's development, highlighting its focus on key sectors like tourism,...

Adani's Kutch Copper Refinery: India to be Self-Sufficient by 2025

December 6, 2024 18:25

Adani's Kutch copper refinery will make India self-sufficient in refined copper by early 2025, reducing reliance on imports. The refinery is expected to be fully operational by February-March 2025.

RBI Predicts Stronger Growth in Second Half of Fiscal Year

December 6, 2024 13:53

Reserve Bank of India Governor Shaktikanta Das expects better growth in the second half of FY25, despite cutting overall growth projections to 6.6%. The forecast is based on factors including a...

RBI Cuts GDP Growth Forecast to 6.6% for FY25

December 6, 2024 12:41

The Reserve Bank of India has lowered its GDP growth forecast for the current fiscal year to 6.6% from 7.2%, citing a slowdown in economic activity and stubborn food prices. Inflation is projected...

AI-driven Cyberattacks on Rise in 2025: Healthcare & Finance at Risk

December 4, 2024 19:05

Report warns of AI-powered, deepfake-enabled cyberattacks targeting healthcare and finance sectors in 2025. Learn about evolving threats and cybersecurity strategies.

RBI MPC Meeting: Interest Rates Expected to Stay Steady

December 4, 2024 15:13

The Reserve Bank of India's Monetary Policy Committee (MPC) is expected to maintain the repo rate at 6.5% amid high inflation. The decision will be announced on December 6.

Rajya Sabha Passes Bill to Boost Oil & Gas Investment

December 3, 2024 16:52

Rajya Sabha passed a bill to amend the Oilfields (Regulation and Development) Act, 2024, aiming to boost investment in oil and gas exploration and production.

NMDC Reports Record Iron Ore Output & Sales in November

December 3, 2024 16:44

NMDC achieved record iron ore production of 4.51 MnT and sales of 4 MnT in November, a 18% and 5.5% rise year-on-year, respectively.

South Africa Seeks Indian Investments: Huge Opportunities in Renewable Energy, Mining & More

December 2, 2024 18:45

South Africa's High Commissioner to India highlights investment opportunities for Indian businesses in sectors like renewable energy, mining, and manufacturing.

India's GDP Growth Expected to Improve in Second Half

December 2, 2024 17:47

India's GDP growth slowed to 5.4% in Q2 FY25, but the Economic Affairs Secretary expects a stronger second half, citing positive high-frequency indicators.

Sensex, Nifty Rise on Blue-Chip Buying | Stock Market Update

December 2, 2024 15:59

Indian stock indices Sensex and Nifty closed higher on Monday, driven by gains in blue-chip stocks like Reliance Industries, Infosys, and HDFC Bank. Read more for details on market performance and...

Rupee Hits All-Time Low: 84.73 Against US Dollar

December 2, 2024 15:58

The Indian rupee plunged to a record low of 84.73 against the US dollar on Monday, driven by weak macroeconomic data, strong dollar, and FII outflows.

GreenLine & Flipkart Partner for Greener Supply Chains

December 2, 2024 14:05

GreenLine Mobility Solutions will deploy LNG-run trucks for Flipkart's deliveries, aiming to reduce carbon emissions and create a more sustainable supply chain. This partnership complements...

India Manufacturing Growth Slows to 11-Month Low in November

December 2, 2024 11:32

India's manufacturing sector growth slowed to a joint 11-month low of 56.5 in November, driven by competitive conditions and inflationary pressures, according to a monthly survey. Despite the...

Sensex, Nifty Fall on Weak Data: Reliance, HDFC Bank Lead Decline

December 2, 2024 10:06

Indian stock indices Sensex and Nifty declined in early trade on Monday due to disappointing macroeconomic data and weak performance of major companies like Reliance Industries and HDFC Bank.

Rupee Weakens to Near All-Time Low Against US Dollar

December 2, 2024 09:55

The Indian rupee opened flat against the US dollar on Monday, trading near its all-time low. The weakening was attributed to disappointing macroeconomic data, negative equity trends, and...

RBI to Hold Interest Rates, Moderate GDP Forecast: Experts

December 1, 2024 14:46

Experts predict RBI will keep interest rates unchanged amid rising inflation and disappointing GDP growth. The Monetary Policy Committee (MPC) is expected to moderate its growth forecast for FY2025.

RBI Interest Rate Decision, Global Trends Impact Markets This Week

December 1, 2024 10:01

Analysts predict equity market sentiment this week will be influenced by global trends, macroeconomic data, RBI's interest rate decision, and foreign fund movement.

Tamil Nadu Govt Opposes Nayakkarpatti Tungsten Mining Auction

November 29, 2024 22:38

The Mines Ministry says it took inputs from the Tamil Nadu government before auctioning the Nayakkarpatti tungsten block, but the state opposes the mining project due to environmental concerns.

India's Q2 GDP Growth Disappointing, But FY25 Target Safe: CEA

November 29, 2024 19:48

India's GDP growth slowed to 5.4% in Q2, disappointing but CEA says FY25 target of 6.5% is safe, citing strong agriculture, construction, and labor market.

Homeversity Secures USD 1 Million Funding for Student Housing Expansion

November 28, 2024 22:02

Homeversity, a student housing operator, raises USD 1 million from Inflection Point Ventures to scale its premium housing model and expand its user base.

India Launches Offshore Mineral Auction: 13 Mines on Sale

November 28, 2024 19:57

India has launched its first offshore mineral auction, putting 13 mines up for sale. This move aims to secure critical minerals for infrastructure, manufacturing, and green energy transition.

ONGC Oil Discoveries Await Mining Lease in WB

November 28, 2024 16:17

ONGC has made four oil discoveries near Ashokenagar, West Bengal, but awaits the state government's approval for a petroleum mining lease to develop them. The oil minister has stated that the...

BEML Wins Rs 3,658 Cr Chennai Metro Contract

November 28, 2024 14:38

BEML has secured a Rs 3,658 crore contract from Chennai Metro Rail Ltd. to deliver 210 metro cars for three key corridors in the city. The project includes design, manufacturing, and a 15-year...

India Auctions 24 Strategic Mineral Blocks in 4 Rounds

November 27, 2024 21:23

The Indian government has successfully auctioned 24 critical and strategic mineral blocks in four rounds, boosting the country's mineral resources and clean energy ambitions.

Coal India to Develop 36 New Mines in 5 Years: Govt

November 27, 2024 19:35

Coal India Ltd plans to develop 36 new mines in the next five years, while Singareni Collieries Company Ltd (SCCL) and NLC India Ltd (NLCIL) are also expanding operations. The move aims to boost...

BEML & Mazagon Dock Partner for Marine Tech

November 27, 2024 19:23

BEML and Mazagon Dock Shipbuilders have signed an MoU to jointly develop cutting-edge technologies for marine applications, aiming to strengthen India's maritime capabilities.

Moody's Upgrades Vedanta Resources Rating to B2

November 27, 2024 19:04

Moody's upgraded Vedanta Resources' corporate family rating to B2 from B3, citing successful liability management. The rating agency also upgraded the company's senior unsecured bonds.

ED Arrests Delhi Importers in Money Laundering Case - Rs 4,800 Crore

November 27, 2024 15:38

The Enforcement Directorate (ED) arrested two Delhi-based importer brothers for allegedly laundering over Rs 4,800 crore through illegal foreign remittances to Hong Kong and China. The case...

Madhya Pradesh CM Focuses on Tech, Innovation in UK Visit

November 25, 2024 22:37

Madhya Pradesh CM Mohan Yadav's UK visit focuses on technology and innovation, seeking investment and collaborations in mining, education, healthcare, and more.

Orissa Alloy Steel Wins Coal Mine in Jharkhand

November 25, 2024 21:20

Orissa Alloy Steel Pvt Ltd has secured a coal mine in Jharkhand during the 10th round of commercial coal mine auction. The Kerendari BC North mine holds reserves of 600 million tonnes.

Record Coal Dispatch: 0.617 MT on Nov 24

November 25, 2024 19:47

India's coal dispatch reached a record high of 0.617 million tonnes on November 24, driven by commercial mining reforms and the 'Atmanirbhar Bharat' initiative. This surge in coal production is a...

Vedanta Demerger Approved: NCLT Clears Way for Meetings

November 22, 2024 20:10

Vedanta Ltd. gets NCLT approval for its demerger plan, paving the way for meetings of shareholders and creditors to discuss the creation of independent companies for various businesses.

Coal Mine Auction: Sarda Energy & SM Steels Win Blocks

November 22, 2024 19:36

Sarda Energy and Minerals and S M Steels have won two coal mine blocks in Chhattisgarh and Jharkhand, respectively, on the second day of the 10th round of commercial coal mines auction.

Coal Mine Auction: ACC, NLC India, JSW Win 5 Blocks

November 21, 2024 19:30

ACC, NLC India, JSW Energy Utkal Ltd, Mineware Advisors Pvt Ltd, and Shreeji Nuravi Coal Mining and Trading Pvt Ltd won five coal mines in the 10th round of auction. The mines are located in Madhya...

Gautam Adani Faces Bribery Charges: A Look at His Rise & Controversies

November 21, 2024 18:25

Gautam Adani, India's richest man, faces US charges of bribery and fraud. Learn about his journey from a diamond sorter to building a massive empire and the controversies he faced along the way.

BEML Wins Rs 246.78 Crore Truck Order from CCL

November 21, 2024 14:26

BEML has secured a Rs 246.78 crore order from Central Coalfields Ltd (CCL) for the supply of 48 rear dump trucks for mining operations. The order includes spares and after-sales service support.

Gautam Adani Charged with Bribery & Fraud: USD 250 Million Scheme

November 21, 2024 08:54

Billionaire Gautam Adani faces US charges of paying USD 250 million in bribes to Indian officials for solar contracts. The scheme allegedly involved Adani Group's nephew and former CEO.

BEML Wins Rs 246.78 Crore Order from CCL - Mining Trucks

November 20, 2024 17:58

BEML Limited secures a Rs 246.78 crore order from CCL for the supply of 48 BH60M Rear Dump Trucks, enhancing its mining solutions portfolio.

India's GDP Growth to Slip to 6.5% in Q2 FY25: Icra

November 20, 2024 13:07

Icra forecasts India's GDP growth to slow to 6.5% in Q2 FY25 due to heavy rains and weak corporate performance, but maintains FY25 estimate at 7%.

JSW Steel Wins Codli Mineral Block XII in Goa

November 19, 2024 21:23

JSW Steel has been declared the preferred bidder for the Codli Mineral Block XII in Goa, securing 48.5 million tonnes of iron ore resources. The company will now proceed with obtaining necessary...

Coal India Relocates Township for Coal Mining in MP

November 17, 2024 12:08

Coal India's NCL plans to relocate Morwa township in Singrauli, MP, due to 600 million tonnes of mineable coal underneath. The project involves 30,000 families and is estimated to cost over Rs...

Vedanta to Boost Production: Anil Agarwal on Oil, Zinc Plans

November 16, 2024 20:21

Vedanta Chairman Anil Agarwal outlines plans to increase production across segments, including crude oil and zinc, aiming to boost output at Hindustan Zinc, Cairn Oil & Gas, and aluminum smelters.

HZL Wins Rajasthan Gold Block: Expands Precious Metals Portfolio

November 15, 2024 20:40

Hindustan Zinc has emerged as the preferred bidder for a gold mine block in Rajasthan, expanding its precious metal portfolio. The Dugocha Gold Block acquisition is expected to create significant...

Rupee Hits All-Time Low of 84.40 Against US Dollar

November 13, 2024 10:10

The Indian rupee fell to an all-time low of 84.40 against the US dollar on Wednesday, driven by foreign fund outflows and a muted trend in domestic equities.

Rising Rajasthan Global Investment Summit: Foundation for Developed State

November 12, 2024 23:35

Rajasthan's Chief Minister highlights the upcoming 'Rising Rajasthan Global Investment Summit' as a key step towards a developed state, focusing on sectors like renewable energy, mining, and tourism.

India's Industrial Production Rises 3.1% in September

November 12, 2024 17:34

India's factory output expanded by 3.1% in September, driven by growth in mining, manufacturing, and power generation. The IIP growth was, however, lower than the 6.4% recorded in September 2023.

NMDC Steel Loss Widens to Rs 595 cr in Q2 - PTI

November 12, 2024 17:14

NMDC Steel reported a widened loss of Rs 595.37 crore in Q2 FY24 due to surging expenses. The company's total income rose, but expenses increased significantly.

India's Industrial Output Rises 3.1% in September

November 12, 2024 16:21

India's industrial production grew by 3.1% in September 2024, driven by manufacturing sector improvement, according to official data. The IIP for August 2024 was (-) 0.1%.

NMDC Q2 Profit Jumps 17% to Rs 1,196 Cr

November 11, 2024 18:24

NMDC's net profit surged 17% in Q2 FY25 to Rs 1,196 crore, driven by higher income. The company also approved bonus shares and increased authorized share capital.

Hindustan Copper Q2 Profit Soars 67% to Rs 102 Cr

November 11, 2024 17:52

Hindustan Copper Ltd (HCL) reported a significant 67.4% rise in consolidated net profit for Q2 FY25, driven by increased revenue from operations. The company's net profit reached Rs 101.67 crore,...

Vedanta Invests $500 Million in Display Glass Unit AvanStrate

November 11, 2024 14:09

Vedanta Group plans to invest USD 500 million in its display glass unit AvanStrate Inc, focusing on R&D and manufacturing to meet growing global demand. The investment aims to strengthen...

Vedanta Resources Cuts Debt by USD 4.7 Billion: Anil Agarwal

November 10, 2024 12:57

Vedanta Resources, parent firm of Vedanta Ltd, has reduced its debt by USD 4.7 billion in two years, driven by financial discipline and record EBITDA. Chairman Anil Agarwal outlines plans for...

Jharia Master Plan: Cabinet to Approve Revised Plan

November 10, 2024 10:21

The Union Cabinet is likely to approve a revised Jharia Master Plan (JMP) for fire, subsidence, and rehabilitation in Jharkhand's Dhanbad district. The plan aims to address the ongoing coal mine...

Rajasthan Signs Rs 63,463 Cr MoUs in Mines & Petroleum

November 8, 2024 19:34

Rajasthan government signs MoUs worth Rs 63,463 crore in the mines and petroleum sector, attracting investments for industrial development and job creation.

Vedanta Posts Q2 Net Profit of Rs 4,352 cr

November 8, 2024 14:56

Vedanta Ltd reported a consolidated net profit of Rs 4,352 crore in the September 2024 quarter, a turnaround from a loss in the same period last year. The company's consolidated income declined...

Coal Mine Approval Process Simplified: Govt Launches New Module

November 7, 2024 21:02

The Indian government has launched a new module to expedite coal mine opening approvals. This aims to boost coal output and strengthen energy security, with 13 blocks expected to be operational...

Vedanta Wins 4 Critical Mineral Blocks in India Auction

November 7, 2024 14:44

Vedanta Group has won four critical mineral blocks, including vanadium, graphite, cobalt, and manganese, in India's fourth round of auctions. Oil India Ltd bagged one block.

Chhattisgarh Panel: Cancel Parsa Coal Mine Clearance - Fake Gram Sabha Proposals

November 6, 2024 17:53

Chhattisgarh ST panel finds irregularities in Parsa coal mine clearance, alleging forged documents and demanding cancellation of forest clearance.

JK Tyre Q2 PAT Down 42% to Rs 144.25 Cr

November 5, 2024 19:38

JK Tyre & Industries reported a 42% decline in Q2 PAT to Rs 144.25 crore, impacted by rising natural rubber prices and subdued demand. The company expects demand to improve in the second half of...

Coal India: Boost Production, Reduce Imports - Minister

November 4, 2024 15:02

India's Coal Minister urges CIL to increase coal production and reduce imports, highlighting the company's vital role in the energy sector and commitment to miners' welfare.

Nalco CMD Sridhar Patra Retires After 3 Decades

November 1, 2024 14:16

Sridhar Patra, Chairman-cum-Managing Director of Nalco, retired on Thursday after reaching superannuation age. He had over three decades of experience in various PSUs.

India & Saudi Arabia Explore Fintech & Clean Hydrogen Collaboration

November 1, 2024 11:57

India and Saudi Arabia are exploring collaborations in fintech, clean hydrogen, energy efficiency and more, aiming to boost trade and investment ties. This follows a recent visit by the Indian...

India, Saudi Boost Trade: Fertilizers, Petrochemicals, Mining Focus

October 30, 2024 18:32

India and Saudi Arabia explored ways to enhance cooperation in fertilizers, petrochemicals, and mining sectors, aiming to boost trade and investments. Commerce Minister Piyush Goyal met with his...

Adani Enterprises' Net Profit Soars Eightfold in Q2

October 29, 2024 17:22

Adani Enterprises Ltd. reports a massive eight-fold jump in net profit for the September quarter, driven by strong performance in airports and new energy units.

India's Energy Transition: High Dependence on Critical Mineral Imports

October 28, 2024 11:45

India's energy transition faces challenges as it heavily relies on imports for critical minerals like lithium, cobalt, and nickel, raising concerns about trade risks. The report suggests...

Hindustan Zinc to Double Production Capacity, Invest USD 2 Billion

October 27, 2024 11:10

Hindustan Zinc plans to invest up to USD 2 billion to double production capacity to 2 million tonnes in the next few years, its CEO Arun Misra said. The company is targeting a production capacity...

Moody's Upgrades Vedanta Resources Rating to B3

October 25, 2024 19:30

Moody's upgraded Vedanta Resources' rating to B3 from Caa1, citing the company's successful bond issuance and access to funding.

Essar Group Appoints Manu Kapoor as Group Chief for Public Policy & Corporate Affairs

October 25, 2024 16:26

Essar Group has appointed Manu Kapoor as its Group Chief for Public Policy and Corporate Affairs. Kapoor brings over 30 years of experience in managing corporate reputation and brands globally.

NLC India Q2 Profit Drops 9.5% to Rs 982 Cr

October 25, 2024 15:28

NLC India's Q2 profit declined by 9.5% to Rs 982.41 crore, while revenue increased to Rs 3,657.27 crore. Read more about the company's performance.

Coromandel International to Invest Rs 800 Cr in Fertilizers & Crop Protection

October 24, 2024 22:25

Coromandel International announces Rs 800 crore investment to expand fertiliser manufacturing capacity and set up fungicide plants, aiming to meet growing demand in India.

Rajeev Gupta, Sanjay Som Join BEML Board as Directors

October 24, 2024 19:42

Rajeev Gupta and Sanjay Som appointed as directors of BEML. Gupta will lead Rail & Metro, while Som takes charge of Mining & Construction.

NLC India Signs Power Sector Agreements with RRVUNL

October 24, 2024 16:34

NLC India Ltd. has formed two joint ventures with Rajasthan Rajya Vidyut Utpadan Nigam Ltd for renewable energy projects and a lignite-based power station.

Birlasoft Q2 Profit Dips 12% to Rs 127.5 Cr - Business News

October 23, 2024 20:40

Birlasoft's net profit declined 12.06% YoY to Rs 127.5 crore in Q2 FY25, while revenue grew 4.45% to Rs 1,368.2 crore. The company attributed the growth to ramp-ups in delayed projects and business...

Tata Hitachi Flags Concern Over Chinese Imports, Seeks Govt Support

October 23, 2024 20:17

Tata Hitachi expresses concern over rising Chinese imports in the Indian construction equipment market, urging the government to protect domestic companies from 'unfair' competition.

BEML Targets Rs 900cr Capex, Re-enters Construction Equipment Market

October 23, 2024 18:24

BEML outlines Rs 900 crore capex till FY'25, re-enters construction equipment market with focus on higher capacity products. The company aims to capitalize on the Rs 45,000 crore market opportunity.

Mining Regulations: States Play Key Role - Mines Secretary

October 23, 2024 17:24

Mines Secretary VL Kantha Rao emphasizes the crucial role of states in strengthening mining regulations and promoting sustainable progress in the sector.

Drone Pilot Training Center Opens in Lucknow - Berry Avionics

October 23, 2024 16:47

Berry Avionics launches a DGCA-certified drone pilot training center in Lucknow, catering to aspiring pilots and professionals. The center will train over 1,000 students annually, supporting...

Vedanta Raises USD 300 Million Through Tap Issue

October 23, 2024 12:08

Vedanta Resources raises USD 300 million through a tap issue on its existing bond, demonstrating strong investor confidence in the company's performance and commitment to deleveraging.

Innovative Tech Key to Boost Coal Production: Minister

October 22, 2024 22:08

Coal Minister G Kishan Reddy emphasizes the need for innovative technology to increase production while minimizing environmental impact. He also stresses responsible mining practices and community...

GMDC Q2 Profit Surges 71% to Rs 128 cr

October 22, 2024 21:36

GMDC's Q2 profit rose 71.4% to Rs 127.86 crore, driven by increased revenue. The company is India's second largest lignite producer.

Overburden Processing Plants: Govt Aims for Circular Economy

October 22, 2024 15:41

India's government is promoting a circular economy by setting up 6 overburden processing plants to produce M-sand, reducing reliance on river sand and creating jobs. This initiative aims to create...

BSNL Launches 7 New Services: Spam Blockers, Automated SIM Kiosks & More

October 22, 2024 13:31

BSNL introduces new services including spam blockers, automated SIM kiosks, direct-to-device connectivity, and low latency 5G for mining operations. The telco aims to enhance user experience and...

Coal Mine Auction: JSW Steel, ACC, NMDC Among Bidders

October 21, 2024 20:03

JSW Steel, ACC, NMDC, and other companies bid for 10th round of commercial coal mine auction in India. 31 companies submitted bids for 67 coal blocks.

Coking Coal Import Can't Be Fully Substituted: CIL MD

October 21, 2024 17:45

CIL MD says coking coal import cannot be fully substituted, but can be reduced by increasing domestic production. Import reduction aims to achieve 1.5 billion tonne coal production in 4-5 years.

India's Solar Imports May Hit $30 Billion: GTRI

October 20, 2024 14:10

India's ambitious renewable energy target may lead to $30 billion annual solar equipment imports, increasing dependence on Chinese goods. GTRI report highlights the need for local manufacturing and...

Jindal Group to Acquire Vitkovice Steel for €150 Million

October 20, 2024 10:01

Jindal Group is in talks to acquire Czech-based Vitkovice Steel for €150 million, marking its first European acquisition. The deal aims to strengthen the group's global presence and expand into...

BEML & PFC Partner for Defence & Rail Infrastructure Projects

October 19, 2024 13:23

BEML and PFC sign MoU to finance and execute critical infrastructure projects in defence, rail transportation, and infrastructure development, aligning with India's 'AatmaNirbhar Bharat' vision.

MP Mining Conclave Attracts Rs 20k Cr Investments

October 18, 2024 22:39

Madhya Pradesh received investment proposals worth Rs 20,000 crore during a two-day mining conclave, with key projects including coal bed methane exploration and cement plant expansions.

Vedanta to Invest Rs 1 Lakh Cr in Odisha for Alumina Refinery, Aluminium Plant

October 18, 2024 18:43

Vedanta announces a Rs 1 lakh crore investment in Odisha to build an alumina refinery and aluminium plant, creating 2 lakh jobs and supporting the state's economic growth.

Bonfiglioli Transmissions Invests Rs 320 Cr in Tamil Nadu Gearbox Plant

October 17, 2024 21:09

Bonfiglioli Transmissions is setting up a Rs 320 crore gearbox manufacturing unit in Tamil Nadu, its third in India. The plant will cater to growing demand for heavy-duty industrial gearboxes,...

Gujarat Auctions 2,280 Mineral Blocks: Entrepreneurship Day

October 15, 2024 20:50

Gujarat government auctions 25 major and 2,280 minor mineral blocks, marking Entrepreneurship Day. LOIs granted to leaseholders under 'Vikas Saptah'.

AI-Led Firms See Remarkable Growth: Accenture Report

October 15, 2024 18:49

Companies embracing AI-led processes globally are experiencing remarkable growth, outpacing peers with higher revenue and productivity, according to a new Accenture report.

CIL's Govt Exchequer Contribution Drops Marginally in H1 FY25

October 13, 2024 10:20

Coal India Ltd.'s contribution to the government exchequer fell slightly to Rs 28,930 crore in the first half of FY25. Read about the decline in levies and state-wise revenue breakdown.

India's Industrial Output Contracts in August: Govt Data

October 11, 2024 17:46

India's industrial production declined by 0.1% in August, primarily due to weak performance in mining and power generation, as per official data released on Friday.

Pakistan & Saudi Arabia Sign USD 2.2 Billion Investment Deals

October 11, 2024 01:01

Pakistan and Saudi Arabia have signed USD 2.2 billion investment deals in multiple sectors, including industry, mining, agriculture, and energy, boosting economic ties between the two nations.

Sensex, Nifty Rise on Banking Stocks, Global Cues

October 10, 2024 17:43

Indian stock markets, Sensex and Nifty, closed higher on Thursday, driven by gains in banking and power stocks, supported by positive global market trends.

Anil Agarwal Mourns Ratan Tata: 'Jewel in Crown' Lost

October 10, 2024 14:12

Anil Agarwal, Vedanta Chairman, remembers Ratan Tata as a visionary leader and a source of inspiration. He says Tata's passing is a loss for Indian industry.

India Aims for Coal Self-Reliance: Increased Mining & New Projects

October 7, 2024 18:16

India's Coal Minister emphasizes expanding existing mining operations and launching new projects to achieve self-reliance in the coal sector. The government assures support for Coal India Ltd (CIL)...

JSW Ventures Invests in Drone Tech Firm Aereo

October 7, 2024 14:34

JSW Ventures, an arm of JSW Group, has invested USD 1.8 million in Aereo, a drone technology company using AI for asset management in mining and infrastructure. Aereo plans to use the funds to...

Anil Agarwal's Mother Passes Away at 90

October 6, 2024 13:01

Mining magnate Anil Agarwal's mother, who had been hospitalized in Mumbai, has passed away at the age of 90. Agarwal, chairman of Vedanta Resources, shared the news on X, expressing his grief...

Hindalco, JSW Steel Bid for Jharkhand Copper Mines

October 6, 2024 10:35

Hindalco Industries and JSW Steel are competing to acquire two copper mines in Jharkhand, with a combined capacity of 3 million tonnes per annum. The auction is scheduled for October, aiming to...

Surda Copper Mine Resumes, Kendadih & Rakha to Reopen: Govt

October 5, 2024 20:01

Operations at Surda copper mine in Jharkhand have resumed, while Kendadih and Rakha copper mines are set to reopen this year. The move aims to boost copper production and create jobs.

Coal Mining Tribunal in Talcher for Land Acquisition Cases

October 4, 2024 20:16

The Indian government has approved a full-time special tribunal in Talcher, Odisha to expedite the disposal of land acquisition cases related to coal mining, aiming to boost coal production and...

SC Upholds States'' Power to Tax Mineral Rights

October 4, 2024 18:50

The Supreme Court dismissed pleas seeking review of its verdict that ruled states have the power to tax mineral rights. Justice Nagarathna dissented, holding that only the Centre can levy the tax.

Vedanta Production Rises in Q2: Aluminum, Zinc, Iron Ore Up

October 4, 2024 10:50

Vedanta Ltd reports increased production of aluminum, zinc, and iron ore in Q2, despite declines in steel, mined metal overseas, and oil & gas output. Learn more about Vedanta's Q2 performance.

Hindustan Zinc Q2 Mined Metal Production Up 2% | Business News

October 2, 2024 20:52

Hindustan Zinc's mined metal production rose 2% to 2,56,000 tonnes in Q2 FY25, while refined metal production reached 2,62,000 tonnes. Learn more about the company's performance.

NMDC Raises Iron Ore Prices by Rs 400/tonne

October 1, 2024 18:19

India's largest iron ore miner, NMDC, has increased lump ore and fines prices by Rs 400 per tonne, effective immediately. The price hike aligns with rising global iron ore prices following China's...

Tata Motors Domestic Sales Down 15% in September

October 1, 2024 15:22

Tata Motors reported a 15% decline in total domestic sales in September, with passenger vehicle sales down 8% and commercial vehicle sales down 23%.

Midwest Files Rs 650 Cr IPO: Black Galaxy Granite Producer

October 1, 2024 14:41

Midwest, a leading Black Galaxy Granite producer, files for a Rs 650 crore IPO. The IPO includes fresh issue and OFS, with funds for expansion and debt repayment.

India Considers FDI Regulatory Mechanism for Oversight

September 29, 2024 15:02

India is considering a new regulatory mechanism for foreign direct investment (FDI) to ensure post-investment review and monitoring, aiming to strengthen oversight and attract legitimate investments.

NLC India Targets 1 MTPA Critical Mineral Mining by FY30

September 29, 2024 11:05

State-owned NLC India plans to achieve a critical mineral mining capacity of 1 MTPA by FY30, participating in upcoming auctions to meet growing demand for renewable energy and other industries.

WBPDCL Achieves Coal Self-Sufficiency in FY25

September 27, 2024 18:12

West Bengal Power Development Corporation (WBPDCL) has achieved self-sufficiency in coal supply for its thermal plants from its captive sources in the current fiscal, eliminating its dependence on...

Bhumika Group Builds Rs 300 Crore Gurugram Project

September 27, 2024 13:59

Bhumika Group is developing a commercial project in Gurugram with an estimated revenue of Rs 300 crore, marking its entry into the market. The project includes retail spaces and is located on MG Road.

Hindustan Copper Boosts Production to 12.2 MTPA

September 26, 2024 22:16

Hindustan Copper Ltd (HCL) is expanding mine production capacity to 12.2 MTPA, increasing domestic copper output and reducing import reliance.

Minimum Wage Hike in India: Rs 1,035 per Day - Govt Announcement

September 26, 2024 21:02

India's government has increased minimum wage rates for workers to up to Rs 1,035 per day, effective from October 1, 2024. The revision aims to help workers cope with rising living costs.

Australia to Offer Work Visas to Indians from Oct 1

September 26, 2024 19:30

Australia will start issuing up to 1,000 work and holiday visas to Indian citizens from October 1 under the India-Australia trade agreement.

GreenLine & Sterlite Copper Partner for Sustainable Logistics

September 26, 2024 16:41

GreenLine Mobility Solutions partners with Sterlite Copper to deploy LNG-powered trucks, enhancing logistics efficiency and reducing carbon emissions. The collaboration aims to drive sustainable...

Coromandel International to Increase Stake in BMCC

September 25, 2024 18:57

Coromandel International announced an additional 8.82% equity stake acquisition in BMCC, a Senegal-based rock phosphate mining company, increasing its total shareholding to 53.8%. This investment...

Vedanta Board to Consider 4th Interim Dividend - Oct 8

September 25, 2024 18:52

Vedanta Ltd.'s board will meet on October 8 to consider a fourth interim dividend for 2024-25. The record date for the dividend is set for October 16. This news follows several previous dividend...

Make in India Celebrates 10 Years: Success and Future

September 24, 2024 17:45

India's 'Make in India' initiative celebrates 10 years, boasting successes in manufacturing, investment, and job creation. Commerce Minister Goyal highlights key achievements and future prospects.

Western Carriers Shares Debut Weak, Fall 7% - PTI

September 24, 2024 17:29

Western Carriers (India) Ltd shares ended their market debut over 7% lower than the issue price. The IPO, which garnered 30.46 times subscription, raised Rs 493 crore.

Western Carriers Shares Debut at Discount - PTI

September 24, 2024 12:08

Western Carriers (India) Ltd shares made a tepid market debut, listing at a discount of over 1% against the issue price of Rs 172. The company's market valuation stood at Rs 1,659.83 crore.

India's Oil 'Gas Bid Round: Reliance-bp, ONGC Lead Bidders

September 23, 2024 16:17

India's largest oil and gas bid round sees Reliance-bp, ONGC, Vedanta and Sun Petrochemicals as top bidders. The round offered 28 blocks across eight sedimentary basins.

India Joins IPEF's Clean & Fair Economy Agreements

September 22, 2024 12:55

India signed agreements with the Indo-Pacific Economic Framework (IPEF) for a clean and fair economy, focusing on clean energy, climate-friendly technologies, and anti-corruption measures. The...

GCCI Demands Review of Supreme Court Mineral Taxation Ruling

September 22, 2024 11:10

The Goa Chamber of Commerce and Industries (GCCI) has urged the Supreme Court to review its mineral taxation ruling, warning of increased costs and price hikes for essential commodities.

India's Coal Mining Methane Emissions to Double by 2029: Report

September 19, 2024 23:02

India's coal mining methane emissions are set to more than double by 2029 as the country increases coal production. The report by Ember calls for mitigation strategies to address this climate...

Western Carriers IPO Oversubscribed 30.46 Times

September 19, 2024 18:51

Western Carriers (India) Ltd's IPO received 30.46 times subscription on the final day of bidding, with strong demand from all investor categories. The company plans to use the funds for debt...

Infosys Invests Rs 17 Cr in Space Tech Startup GalaxEye

September 19, 2024 18:28

Infosys invests up to Rs 17 crore in GalaxEye Space Solutions, a space tech startup, through its Innovation Fund. The investment will support GalaxEye's development of multi-sensor satellites and...

India to Offer 'No-Go' Areas in 10th Oil & Gas Bidding Round

September 19, 2024 17:24

India is set to offer 'no-go' areas in the 10th round of oil & gas bidding in 2025. The move comes after amendments to the Oilfields (Regulation and Development) Act of 1948 are expected to be...

Western Carriers IPO Over-Subscribed 13.88 Times

September 18, 2024 19:12

Western Carriers IPO, a Rs 493-crore initial share sale of logistics company Western Carriers (India) Ltd, was oversubscribed 13.88 times. The IPO received bids for 28,96,23,957 shares against...

Western Carriers IPO Subscribed 9.43 Times

September 17, 2024 18:38

Western Carriers (India) Ltd's IPO received bids for 19.67 crore shares against 2.08 crore shares on offer, with strong subscription from Retail and Non-Institutional investors. The IPO will be...

Western Carriers IPO Subscribed 4.83 Times on Day 2

September 16, 2024 19:00

Western Carriers (India) Ltd's IPO received 4.83 times subscription on Day 2, with strong demand from retail and non-institutional investors. The IPO raised Rs 493 crore and will be used for debt...

Hindustan Zinc's All-Women Mine Rescue Team to Represent India

September 14, 2024 17:51

Hindustan Zinc's all-women mine rescue team will represent India at the XIII International Mine Rescue Competition in Colombia, showcasing exceptional rescue skills and commitment to gender...

India's Coal Output Rises 5.85% to 411.6 MT in FY25

September 13, 2024 20:48

India's coal production increased to 411.62 million tonnes in FY25, driven by a 5.85% growth. Coal India Ltd saw a 2.80% increase in production, despite challenges posed by adverse weather...

Western Carriers IPO Subscribed 79% on Day 1

September 13, 2024 18:12

Western Carriers (India) Ltd's IPO received 79% subscription on Day 1. The Rs 493-crore offer saw strong demand from retail investors, with the RII portion subscribed 1.41 times.

Rupee Rises 6 Paise to Close at 83.90 Against US Dollar

September 13, 2024 15:46

The Indian rupee closed 6 paise higher at 83.90 against the US dollar on Friday, supported by a weaker dollar and foreign fund inflows. Read more about the rupee's performance and other market...

Rupee Rises 5 Paise to 83.91 vs US Dollar - Business News

September 13, 2024 10:04

The Indian rupee appreciated by 5 paise to 83.91 against the US dollar in early trade on Friday, supported by a weakening American currency and strong foreign fund inflows. Read more.

Western Carriers IPO: Rs 148 Cr Raised from Anchor Investors

September 12, 2024 21:30

Western Carriers, a leading logistics firm, raised Rs 148 crore from anchor investors ahead of its IPO. The IPO will open for subscription on September 13th and close on September 18th.

Shree Tirupati Balajee Agro Shares Surge 17.50% on Market Debut

September 12, 2024 18:36

Shree Tirupati Balajee Agro Trading Company shares closed at their upper circuit limit on their market debut, rising 17.50% from the issue price. The company's IPO received 124.74 times subscription.

India's Industrial Output Slows to 4.8% in July

September 12, 2024 17:41

India's industrial production growth slowed to 4.8% in July 2024, primarily due to weak performance in mining and manufacturing sectors. The IIP grew 5.2% in April-July.

NMDC Explores Overseas Mining for Critical Minerals

September 12, 2024 16:23

NMDC, India's largest iron ore miner, is pursuing mining opportunities for critical minerals like lithium, cobalt, and nickel overseas, including Australia. The company also plans to double...

Shree Tirupati Balajee Agro Shares Surge 12% on Debut

September 12, 2024 11:02

Shree Tirupati Balajee Agro Trading Company shares listed with a premium of nearly 12% on the BSE and NSE, reflecting strong investor demand for the IPO. The company is engaged in manufacturing and...

Vedanta Resources Raises $900 Million in Bond Issue

September 11, 2024 19:46

Vedanta Resources has raised $900 million in a five-year bond offering, its first US dollar bond issue since 2021. The company plans to use the proceeds to prepay existing debt, reflecting investor...

Vedanta Demerger Expected by End of FY25: Top Official

September 11, 2024 17:58

Vedanta Ltd's demerger of key businesses, including aluminium, into separate listed companies is expected by the end of FY25, a top official said. The demerger is aimed at simplifying the company's...

Coal Supply to Power Sector Drops in August 2024

September 10, 2024 19:34

Coal supply to India's power sector declined in August 2024, despite overall positive production and supply trends. Learn about the reasons behind the drop and the government's commitment to energy...

Vision Infra SME IPO Oversubscribed 63.30 Times

September 10, 2024 18:59

Vision Infra Equipment Solutions' IPO received an overwhelming response, with a 63.30 times subscription on the final day. The IPO, valued at Rs 106.21 crore, was listed on NSE's SME platform Emerge.

Western Carriers IPO: Price Band at Rs 163-172/share

September 10, 2024 12:56

Western Carriers, a leading logistics firm, has fixed the price band for its Rs 493-crore IPO at Rs 163-172 per share. The IPO will open for subscription from September 13 to 18.

Shree Tirupati Balajee Agro IPO Oversubscribed 124.74 Times

September 9, 2024 18:43

Shree Tirupati Balajee Agro Trading Company's IPO received a massive 124.74 times subscription on the closing day, with strong interest from QIBs and retail investors.

Company Name
Price
Volume

Vodafone Idea L
8.09 (+ 4.52)
48480898

Srestha Finvest
0.68 ( -2.86)
29756855

G G Engineering
1.61 (+ 11.81)
24263405

GMR Airports
71.35 (+ 2.38)
18155217

AvanceTechnologies
0.79 (+ 5.33)
14212388

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