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Severstal eyes mid-sized acquisitions in India FRANKFURT (Reuters) - Severstal , Russia's second-largest steel producer, is scouting around for potential acquisitions in India with a focus on mid-sized steel makers, one of the firm's top executives told Reuters on Tuesday. Speaking on the sidelines of a Handelsblatt steel conference, Thomas Veraszto - Senior Vice President for Strategy and Corporate Development - said steel assets had become
Rio Tinto to spend $2 billion in Orissa iron ore mining project
Australian mining major Rio Tinto is planning to invest around $2 billion (Rs 9,886 crore) in setting up a major iron ore mining project in Orissa. The investment, largest so far by the miner in
Cabinet nod to PSU buyback plan
Cabinet allows state firms to buy back shares, invest in others
NEW DELHI (Reuters) - The cabinet has allowed cash-rich state companies to buy back shares and participate in the government's divestment programme, Praful Patel said on Thursday, as New Delhi
UPDATE 1-India allows state firms buy back shares, invest in others
* Decision seen helping government to raise cash
Aquila in talks to sell Australian coal asset to India's ICVL
MELBOURNE (Reuters) - Aquila Resources confirmed on Thursday it is in advanced talks to sell its Washpool coking coal asset to Indian state consortium International Coal Ventures (ICVL), a closely |
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