Indian companies facing the heat in foreign acquisitions

JSW Steel Ltd is down 1.5% after the company put on hold its expansion plans for the 10 million tonne (mt) capacity Vijayanagar plant in Karnataka owing to continued iron ore shortages Metal stocks are trading weak on the bourses today. The S&P BSE ...

Barmer registers a north Indian record sale of Mahindra vehicles Rajasthan's Barmer has recently registered a north Indian record sale of Mahindra vehicles. In past two years, Mahindra sold 4,300 sports utility vehicles (?Scorpio? and "Bolero") in ...

Data for 800 companies from Bombay Stock Exchange. Values are: days closing price, previous closing price in brackets, 52-week low and high in bold, and volume traded (in 000) in brackets. GROUP A A A B B 545.55(521.55) 830-469 (23) A C C 1249.8(1229.65) ...

Data for 800 companies from Bombay Stock Exchange. Values are: days closing price, previous closing price in brackets, 52-week low and high in bold, and volume traded (in 000) in brackets. GROUP A A A B B 516.0(518.5) 830-469 (3) A C C 1205.7(1208.3) ...

The global financial crisis and resultant uncertainty has put the world steel industry in a difficult spot. A fall in demand across the globe and particularly in Europe, volatility in prices through the steel value chain and oversupply resulting ...

The steel industry today demanded withdrawal of 2.5 per cent import duty imposed on melting and , saying that the move will slacken demand further and companies will be forced to pass on the burden to end-consumers. The industry said its costs will ...

After getting a jolt from the Coal ministry that deallocated five coal blocks in Odisha for inordinate delay in their development, the state government has urged allocates to take immediate action for developing their allocated blocks. Apart from ...

A parliamentary panel has recommended an overhaul of the compensation mechanism for people displaced and otherwise affected by coal mining operations by linking it to royalty payouts. If the recommendation is accepted, coal miners will have to pay ...

The State Government's Inter-Ministerial Committee, set up to formulate a long-term linkage policy for supply of ore to local industries, on Wednesday sought further extension of its tenure. The committee headed by Finance Minister Prasanna Acharya ...