at the very Core of it all … is Content!
India’s tryst with economic development is a matter that is beyond compromise. It is also a fact that this path to development will be fuelled by huge amounts of energy. Energy, that will primarily be obtained by burning fossil fuels, of which coal will constitute the lion’s share. To put things in the right perspective, …
The only way to contain Current Account Deficit (CAD) is to increase the domestic production of oil & coal and restraining the consumption of gold, says the Union Finance Minister Shri P. Chidambaram. He was addressing the meeting of the Parliamentary Consultative Committee of the Ministry of Finance here today. The Finance Minister said that …
A meeting was chaired by Prime Minister Dr. Manmohan Singh, earlier this month, to discuss an institutional mechanism to track stalled investment projects, both in the public and private sectors and to remove the implementation bottlenecks in these projects on a fast-track basis. The Prime Minister directed that a special cell be created immediately in …
Sumit Khetan is a man in a hurry. His travel bags are always ready as is his connectivity – wired through a complex network of laptops and smart phones, for he globe trots around the world with the drop of a hat. Sometimes even before the hat hits the ground. Meet the man who is …
Moscow, Russia – May 13, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces 1Q2013 operational results. Production: Product Name 1Q2013, thousand tonnes 4Q2012, thousand tonnes % 1Q2013, thousand tonnes 1Q2012, thousand tonnes % Run-of-mine coal 6,406 6,970 -8 6,406 6,413 0 Pig Iron 972 1,054 -8 972 …
Moscow, Russia — May 6, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces that successful hot testing was held at the complex of Chelyabinsk Metallurgical Plant’s universal rolling mill. During hot testing, the mill produced its first batch of structural shapes – 25SH1-type bar. This is the …
Moscow, Russia — April 22, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces the resolutions of Mechel OAO’s Board of Directors. The Board of Directors of Mechel OAO (the Company) held a meeting on April 19, 2013. The following resolutions were adopted at the meeting: 1. To …
Moscow, Russia — April 11, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, reports the launch of constant operation at the Uvatsk quartzite deposit and delivery of the first batch of raw materials from the deposit to Bratsk Ferroalloy Plant OOO. Approximately 680 tonnes of quartzite mined at …
Moscow, Russia – April 4, 2013 – Mechel OAO (NYSE: MTL), one of the leading Russian mining and metals companies, announces reaching an agreement with an international syndicate of lender banks on getting approval for waivers and amendments to certain major credit facilities. Mechel’s talks with over 25 leading international and Russian banks regarding some …
The Eight core industries have a combined weight of 37.90 per cent in the Index of Industrial Production (IIP). The combined Index was 144.4 in February 2013 with a growth rate of (-) 2.5% compared to their 7.7% growth in February 2012. The decline in growth in February,2013 was on account of negative growth witnessed in Electricity generation and …