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According to a statement issued by the company, the decision was taken following the "initiative of the state government to formulate a transparent mining policy". "The company has decided not to pursue the lay-offs till such a policy is announced,"
The apex court has held that mining leases in Goa expired on November 22, 1987, and the deemed mining licences can be valid for no more than 20 years. This effectively means all mining leases in Goa expired in November 2007 and any mining activity
Court concludes that Vedanta is a foreign company' within the meaning of the Companies Act, 1956 and therefore, Vedanta and its subsidiaries are a foreign source' as contemplated under the Foreign Contribution (Regulation) Act, 1976 The Delhi High
Following a decline in global iron ore prices, the Goa government has decided to put on hold its third phase of iron ore e-auction till the market prices stabilise. Director of Goa Mines and Geology Department Prasanna Acharya confirmed this recently.
We expect the situation to continue as long as government policy does not change...He added that this year's iron ore exports are expected to come down by 20 per cent to about 14-15 MT from the levels of 18.37 MT in 2012-13...Indian iron ore exports
IST Share More Indian markets are likely to trade in a range. Here is a list of ten stocks which are likely to be in focus in trade today. Indian markets are likely to trade in a range on Monday tracking positive trend seen in other Asian markets.
12 New Delhi: The All India Football Federation on Saturday announced a 23-member squad for the AFC U-19 Championship Qualifiers to be held in Doha from October 4. India have been clubbed with hosts Qatar, Uzbekistan, Turkmenistan and Nepal in
Investors are lapping up Sesa Goa shares after its London Stock Exchange-listed parent Vedanta Resources consolidated its metals-to-crude exploration business under one roof. The shares of Sesa Goa, which will now house zinc, aluminium, power, crude
Shares of multi-national companies today rose by as much as 17.4 per cent after the Reserve Bank has allowed foreign investors to hike stake in listed firms here without taking its approval. ABB India soared by 17.43 per cent, while GlaxoSmithkline
IST Share More ET Now spoke to dealers on institutional and high net worth investors' activity in the dealing room...ET Now spoke to dealers on institutional and high net worth investors' activity in the dealing room. The following stocks were on