The Government of India has given a 30-day extension for export of cotton to Pakistan through Wagah border in view of delay in clearing consignments being experienced at Wagah Land Customs Port. In its circular, the Directorate General ...
Tags: Government, India, extension, cotton, Wagah border
Numbers of Germans out of work rose for the ninth month running in December but held close to a post-reunification low, adding to signs Europe's largest economy remains relatively unscathed by the region's crisis. Labour Office data ...
Business News Americas reported that scheduled to be sent to the Brazilian congress in April 2011, the country's new mining regulatory framework is still waiting for the government to draw up three bills to regulate the sector. The report ...
Tags: Brazilian Mining Code, Government Priority, MME, Mineral
PTI quoted CAG as saying that delays in awarding contracts have nearly trebled iron ore miner NMDC’s cost for developing two deposits to INR 15.06 billion. NMDC, which has around 16% share of the country’s total iron ore ...
Tags: NMDC, iron ore miner, iron ore, miner, iron ore production
Reuters reported that a strategic pipeline for the UAE's oil exports to bypass the Strait of Hormuz could face more delay due to differences with the Chinese construction company. The pipeline will have a capacity of around 1.5 million ...
Tags: UAE New Oil Pipeline, Strait of Hormuz, Chinese construction company
APP reported that China privately owned Hanlong Group has close to finalizing the acquisition of Australia's Sundance Resources, a mining firm that controls a major iron ore mine in West Africa. Such a move would give China a stronger ...
Tags: China, Hanlong Group, acquisition, Sundance Resources, mining
Business Standard reported that GAIL has started issuing compensation to land owners who have lost their land to the gas pipeline project, connecting the Kochi LNG terminal to Bangalore and Mangalore. The first set of cheques were ...
Tags: GAIL, gas pipeline project, gas, India
Business Standard reported that iron ore starved steel industry in and around Karnataka might have to wait for a longer period to get smooth supply of key raw material for its blast furnaces as the opening of Category B mines, which contain ...
Tags: starved steel industry, iron ore, raw material, mining
Business Line reported that the fate of BOT berths to be built at Paradip port by way of PPP to handle iron ore and coal continues to be uncertain. The concession agreements between the successful bidders and the port authorities for ...
Tags: BOT berths, Paradip port, iron ore, coal
Jiji Press reported that shipbuilding units of JFE Holdings Inc and IHI Corp are set to merge into a single entity called Japan Marine United Corp on Tuesday in a bid to survive the tough business environment. The units to be merged are ...
Tags: JFE Holdings, IHI Corp, Japan Marine United Corp, Shipbuilding Units
A perennial runner-up in the enterprise HDD market,Western Digital(WD)is set to release a line of helium-filled drives,a move that could boost its global market share to the top spot,according to IHS. The helium-filled data center drives ...
Tags: WD, Helium-Filled Hard Drives, HGST
China's competition officials are still weighing Dole Food Co's deal to sell its global packaged food and Asian fresh businesses to Japan's Itochu Corp, forcing the two firms to delay completion of the sale. Dole had hoped to sign-off ...
Tags: Dole Food Co, global packaged food, fresh businesses, company news
Hewlett-Packard will continue to evaluate potential divestitures of underperforming parts of its business, and the process could get messy, the company warned its investors in its annual 10-K document, which was filed in late December. ...
Tags: HP, potential divestitures, business, underperforming parts
HP has confirmed that it will wield the axe on those of its businesses that don't meet targets, official documents have revealed. As first reported by Bloomberg, HP told the US Securities and Exchange Commission in a 27 December filing ...
Tags: HP, axe, businesses, targets
Business Standard reported that with the conventional energy projects unable to address the power crisis, 2012 saw the emergence of renewable energy in a big way. The state government announced a new solar policy with a target to set up ...
Tags: energy, solar policy, power shortage, energy industry