Steel

  • India becomes net steel exporter after 6 years 13-04-2014 11:27 AM

    New Delhi: India became net steel exporter in 2013-14 after a gap of six years and is likely to maintain the momentum in 2014-15 as producers are looking to dock more overseas shipment to tide over subdued domestic consumption. Total steel exports by India during the last fiscal stood at...
  • Tata Steel produces record hot metal, crude steel in FY14 01-04-2014 10:47 PM

    Tata Steel in 2013-14 has achieved a record production of Hot Metal and Crude Steel as well as saleable steel, a senior official of the company said on Tuesday. The Hot Metal and Crude Steel production of 9.90 million tonnes (MT), up 11.74 per cent year-on-year and 9.15 MT, up...
  • JPL commissions 600 MW unit in Raigarh 01-04-2014 12:18 AM

    Jindal Power Limited (JPL), a company promoted by Jindal Steel and Power Limited (JSPL), has successfully commissioned the second unit of its 4x600 MW expansion project in Chhattisgarh's Raigarh district, a release said on Monday. The plant at Tamnar is the country's first mega power project in the independent power...
  • Coal blocks scam: CBI chargesheet against Congress MP Vijay Darda 27-03-2014 03:59 PM

    New Delhi: In an embarrassment for the Congress, the Central Bureau of Investigation has filed a chargesheet against party's Rajya Sabha MP Vijay Darda in the coal block allocation case. Darda along with the others has been named for criminal conspiracy and cheating in the chargesheet. CBI has said that...
  • Naveen Jindal lodges complaint with EC against two news channels 18-03-2014 04:08 PM

    Congress MP and chairman of Jindal Steel and Power Naveen Jindal on Tuesday lodged a complaint with the Election Commission against two news channels belonging to a group for allegedly telecasting false news against him. "They have run 85 false news items against me since March 5, when code of...
  • Ex-Tata Steel VP Niroop Kumar Mahanty joins Jharkhand Mukti Morcha 15-03-2014 06:31 PM

    A former vice-president of Tata Steel on Saturday joined the Jharkhand Mukti Morcha (JMM). Niroop Kumar Mahanty, who had retired as vice-president (Human Resources) of Tata Steel, was introduced to the media by JMM chief Shibu Soren and his Chief Minister son Hemant Soren in Ranchi while welcoming him to...
  • Tata Steel officer shot at by unidentified assailants, critical 11-03-2014 01:32 PM

    An officer of Tata Steel was shot at and critically injured by unknown gunmen near former Chief Minister Arjun Munda's house at Ghorabandha in Jamshedpur, the police said on Tuesday. The officer Ratnesh Raj is a manager of Equipment Maintenance Services of Tata Steel. Following the incident late on Monday...
  • I was offered Anastasia Steele's role in 'Fifty Shades of Grey': Woodley 11-03-2014 11:08 AM

    Los Angeles: Actress Shailene Woodley says she was offered the role of Anastasia Steele in the big screen adaptation of E L James' popular novel 'Fifty Shades of Grey'. The 22-year-old actress said if she had opted for the lead role in the much awaited adaptation, it would have hindered...
  • Coal scam: CBI to file first chargesheet in Supreme Court on Monday 09-03-2014 06:43 PM

    New Delhi: The Central Bureau of Investigation (CBI) will be filing its first chargesheet in the coal scam in the Supreme Court on Monday. It will also submitting a status report informing the Court about the progress made in the coal scam probe. The Supreme Court had asked the CBI,...
  • Coal scam: CBI to file status report in SC tomorrow 09-03-2014 06:24 PM

    CBI will be submitting a status report on Monday informing Supreme Court about the progress made in the coal scam probe and on filing charge sheet in one of the cases registered by the probe agency in 2012. Sources in the investigating agency said that a charge sheet was likely...
  • Villagers record statements for NOC for proposed steel plant 08-03-2014 06:57 PM

    Statements of around 27 villagers to seek 'No Objection Certificate' from the Union Environment Ministry for the proposed Jindal Steel and Power Limited (JSPL) were on Saturday recorded at a public hearing held at Asanboni, about 25 kms from Jamshedpur. Among others, JSPL regional officer RN Choudhury, vice-president (Project) Naresh...
  • Tata Steel honours archer Deepika Kumari as best sportsperson of the year 03-03-2014 08:45 PM

    Ace women archer Deepika Kumari has been adjudged the 'Best sportsperson of the year' by Tata Steel on occasion of the 175th birth anniversary of company founder JN Tata on Monday. The country's top ranked archer was selected on the basis of her outstanding performance at the international arena. The...
  • Tata Volunteering Week launched in Jamshedpur to mark 175th birthday of Jamsetji Tata 03-03-2014 04:51 PM

    Tata Sustainability Group launched a community welfare programme involving its employees to mark the 175th birth anniversary of the conglomerate's founder Jamsetji Tata in the steel city in Jamshedpur on Monday. Tata Volunteering Week is the first initiative under the Tata Engage programme. Tata Engage is a volunteering programme that...
  • 'Bat of Honour' from Network 18 for batting legend Sachin Tendulkar 02-03-2014 08:39 AM

    The Network 18 group on Sunday paid rich tribute to retired batting legend Sachin Tendulkar, unveiling a monument in the form of a large steel bat in Mumbai. The monument has been installed on the Carter Road Promenade - close to Tendulkar's residence. It is the largest steel bat in...
  • Bokaro scam: Paswan unfazed, BJP accuses UPA of misusing CBI 26-02-2014 06:49 PM

    LJP chief Ram Vilas Paswan on Tuesday appeared unfazed over his name cropping up in the case of alleged illegalities in Bokaro plant recruitment process even as BJP rushed to his defence accusing UPA of misusing CBI to target him as it had done with its other opponents. Paswan, who...
  • Government to ensure non-interference in DPLR work of Bokaro Steel Plant 24-02-2014 04:58 PM

    Jharkhand government on Monday said it would ensure the Director, Project and Land Rehabilitation (DPLR) of Bokaro Steel Plant to function freely without interference by Bokaro district administration. Replying to a query from Jharkhand Vikas Morcha (Prajatantric) MLA Samresh Singh, Chief Minister Hemant Soren told the House that the government...
  • India reclaims 31 coal blocks from private firms over delay 19-02-2014 06:34 PM

    The coal ministry is taking back 31 coal blocks allocated to private firms including the Tata group and Jindal Steel and Power over delays in developing them, jeopardising billion-dollar projects and inviting legal action. The recalls, coupled with delays in approvals for several large projects such as steel plants by...
  • Bhilai Steel Plant registers impressive growth 16-02-2014 12:41 PM

    Bhilai Steel Plant, the flagship unit of public sector Steel Authority of India Ltd, on Saturday said it saw growth in production in three categories in April to January period in the current fiscal, enabling it to meet the yearly targets. The plant registered growth of 2.6 percent, 1.6 percent...
  • BJP accuses Steel Minister of trying to bribe journalists 13-02-2014 04:41 PM

    Steel Minister Beni Prasad Verma and BJP members engaged in sparring on Thursday in Rajya Sabha after he was accused of trying to bribe journalists and people from his Lok Sabha constituency by giving gifts. Verma, however, justified it saying Rs 1.75 crore was spent on the National Steel Consumers...
  • Sensex rises 66 points to end at 20,376.56 07-02-2014 09:47 AM

    Mumbai: The Sensex on Friday rose for the fourth straight day and ended 66 points up at one-week high levels led by gains in Tata Steel, Sun Pharma and Sesa Sterlite, amid volatility ahead of advance growth estimates for 2013/14. The index, which had gained 101 points in the previous...
  • SP, BJP slams Beni for distributing gifts at steel council meet 04-02-2014 10:47 PM

    Union Minister Beni Prasad Verma on Tuesday came under attack from SP and BJP for making Congress activists and journalists members of Steel Consumers' Council, and distributing cash and gifts to them at its meeting. More than 1,000 members were given cash, mobile and a trolley bag each at the...
  • CCEA likely to modify decision on coal blocks on Tuesday 03-02-2014 07:30 PM

    New Delhi: The Cabinet Committee on Economic Affairs (CCEA) in its meeting on Tuesday is likely to modify the earlier decision to give a go ahead to state governments for granting mining leases for coal blocks to companies if there is no CBI enquiry against them. "The CCEA is scheduled...
  • Jesse Eisenberg to play Lex Luthor in 'Man of Steel 2' 01-02-2014 12:28 PM

    New Delhi: If reports are anything to go by then 'The Social Network' actor Jesse Eisenberg is going to be featured in the role of Lex Luthor in the sequel of 'Man of Steel'. If this happens then it's certainly going to be a brave decision on part of Zack...
  • Ben Affleck will do great as Batman: Colin Farrell 28-01-2014 06:06 PM

    London: Colin Farrell feels that Oscar-winning actor Ben Affleck will do a great job as Batman in the 'Man of Steel' sequel. Affleck, 41, has been cast in 2016's 'Man of Steel' alongside heartthrob Henry Cavill, who is reprising his role of the Superman in the superhero movie, reported Contactmusic....
  • Inter-Ministerial Group to decide fate of 61 coal blocks next week 28-01-2014 05:24 PM

    The Inter-Ministerial Group on coal blocks will meet next week to decide the fate of 61 mines alloted to companies such as Tata Steel, Hindalco and JSPL which were issued notices for not developing them. "The 24th meeting of the IMG under the Chairmanship of Additional Secretary (Coal) will be...
  • CBI raids ex-governor, BJP leader over appointments in Bokaro Steel 28-01-2014 11:57 AM

    New Delhi: The Central Bureau of Investigation on Tuesday conducted raids in Bhopal, Delhi and Ranchi in connection with illegal appointment of relatives of politicians in Bokaro Steel Ltd. The raids were conducted at former Jharkhand Governor Syed Sibtey Razi and two others - BJP Rajya Sabha candidate from Madhya...
  • SAIL chairman announces Rs 72 crore expansion plans, says difficult times are over 20-01-2014 09:19 AM

    Steel Authority of India (SAIL) chairman Chandreshwar Verma on Sunday said the public sector's difficult days were over and it was on the path of growth. "The difficult days have ended for SAIL, whose future is bright," Verma said, adding the steel company has embarked upon an expansion project worth...
  • 'Man of Steel' sequel release date postponed to 2016 18-01-2014 04:05 PM

    Los Angeles: Warner Bros Pictures has announced that it is pushing the release date of director Zack Snyder's untitled 'Man of Steel' sequel almost by a year. The reboot, which was earlier expected to release on July 17, 2015, will see Henry Cavill returning as Superman and co-starring Ben Affleck...
  • 4 business turnarounds in the making 17-01-2014 03:22 PM

    1. Mining Moguls The unexpected winding up of the Shah Commission, which was investigating illegal mining, may have raised environmentalists' eyebrows, but the Indian mining sector is looking forward to a better year. Mining had stalled for about two years, hurting mining and steel companies like Sesa Goa and JSW...
  • Government to expedite clearances to $12 billion Posco project: Anand Sharma 15-01-2014 05:17 PM

    Government is working to expedite clearances to $ 12 billion project of steel major Posco in Odisha that was awarded environment clearance last week, Commerce and Indutry Minister Anand Sharma said on Wednesday. So far, 1,700 acres of land - out of 2,718 acres - has been transferred to Posco...