Monthly archives: December, 2012

FDI Policy for Mining Sector

FDI up to 100% is permitted under the automatic route in Mining and Exploration of metal and non-metal ores including diamond, gold, silver and precious ores etc. subject to the Mines and Minerals (Development & Regulations) Act, 1957, as per Consolidated Foreign Direct Investment Policy Circular 1 of 2012 dated 10th April, 2012 issued by …

Coal Linkage for Power Projects

The details of the proposals  received from the State Governments for the grant of  coal linkage for their  power projects are as under:-   S.NO. Name of State No of Projects Capacity in MW    1. Andhra Pradesh 5 7000    2. Assam 5 1750    3. Bihar 7 10140    4. Chhattisgarh 5 7700    5. Gujarat 1 800    6. Haryana 3 3260    7. Karnataka …

Bluescope Steel – COMPLETION OF SHARE SALE FACILITY

In accordance with the terms of the share sale facility announced on 27 September 2012, BlueScope Steel Limited advises that it has sold a total of 21,982,661 shares for 46,387 participating shareholders with the volume weighted average price of shares sold in the facility being $0.4866 per share. Proceeds from the sale of shares are …

Rio Tinto Finance plc prices Euro and Sterling fixed rate notes

Rio Tinto has priced EUR 1.25 billion and GBP 500 million of fixed rate notes under its European Debt Issuance Programme. The notes will be issued by Rio Tinto Finance plc and will be unconditionally and irrevocably guaranteed by Rio Tinto plc and Rio Tinto Limited. The Euro denominated offering comprises (i) long 7-year notes …

Greenpeace – South Korea abandons ‘scientific’ whaling plans

Amsterdam, December 4, 2012 – Greenpeace confirmed on Tuesday that the government of South Korea has abandoned its plans to begin a ‘scientific’ whaling operation, a significant step forward in global efforts to protect whale populations. The proposed hunt, announced in July, would have caught minke whales for commercial purposes under the thin veil of …

AUSTRALIA AND INDIA – NATURAL PARTNERS IN MINING AND RESOURCE

The Australian Government promoted business and investment opportunities between Australia and India in the mining sector at the Australia—India Mining Business Forum in Kolkata on 4 December. The Forum was held as part of Oz Fest – the biggest Australian cultural, business and education festival ever staged in India. Australia’s Acting High Commissioner to India, …

Carnegie debuts revolutionary biosphere mapping capability at AGU

San Francisco, CA —Researchers from the Carnegie Institution are rolling out results from the new Airborne Taxonomic Mapping System, or AToMS, for the first time at the American Geophysical Union (AGU) meetings in San Francisco. The groundbreaking technology and its scientific observations are uncovering a previously invisible ecological world. To watch a video about how …

Beltek Canadian Water Limited Now Launches WILD WATER

An All-Natural Vitamin Infused Water New Delhi,2012: Beltek Canadian Water Limited, a market leader in the business of Bulk Water in Delhi/ NCR having the franchise for Aquafina, now introduces Wild Water. Packed with nutritional value and prepared with finest ingredients, is 100% natural vitamin rich flavored drink with natural colors and flavors has no …

IDC predictions for 2013

Singapore and Hong Kong, December 4, 2012 – The small and medium-sized enterprise (SME) segment and the tier 2 cities will be the two areas the IT vendor community and local governments focus on to drive growth in 2013. And with the increasing focus on the SME segment; the channel outreach will become more relevant …