krishna n. das

Krishna N. Das

Representational Photo (Reuters)

Govt to auction 20 major iron ore mines to revive industry

by Krishna N. Das |Aug 25, 2015

Once the world's third-biggest iron ore exporter, India now resorts to importing the steelmaking ingredient due to a court-led crackdown on illegal mining.

Adani group chief Gautam Adani (Source: Reuters)

Adani Group in talks with Softbank, Foxconn for $3 bn solar project

by Krishna N. Das |Aug 20, 2015

Softbank, Foxconn and Bharti Enterprises have already pledged to invest about $20 billion in solar projects in the country.

A general view shows the open pit of an iron ore mine in Codli village in Goa . Photo: Reuters

Goa resumes iron ore production after 3 years

by Krishna N. Das |Aug 10, 2015

Vedanta, country's largest private miner, led the resumption with a ceremonial opening at its Codli mine, heralding the return of a once-big exporter just when iron ore prices are inching up after...

Photo: Reuters

Nestle India targets growth in other businesses after Maggi scare

by Krishna N. Das |Aug 2, 2015

The unit of Swiss food giant Nestle is at the centre of India's worst food scare in a decade after FSSAI found its Maggi noodles contained dangerous levels of lead.

Vedanta may cut jobs at aluminium unit as prices tank

by Krishna N. Das |Jul 21, 2015

Vedanta, controlled by billionaire Anil Agarwal, is running its main plant at a third of capacity even as global output in the first half of the year rose at its fastest pace since 2010. China, th...

POSCO may scrap $12-bn Odisha steel project

by Krishna N. Das |Jul 16, 2015

A mining law enacted in March by the government means the company would now also have to buy a mining licence in an auction. Originally, the Odisha government had promised to help the company obta...

Photo: Reuters

How imports via Japan, S.Korea hit steel firms

by Krishna N. Das |Jun 26, 2015

Further dismaying local firms such as JSW and Kalyani Steels, this week India extended a deal to provide high-grade iron ore to Japan and South Korea as part of bilateral ties.

Photo: Reuters

PM Modi seeks quick boost to irrigation as drought looms

by Krishna N. Das |Jun 8, 2015

More than half of India's farms lack irrigation and millions of farmers still depend on the vagaries of the monsoon rains that run from June to September, and hit the southern coast last week, fiv...

Skymet rejects official forecast of likely drought

by Krishna N. Das |Jun 5, 2015

The outlook by Skymet should help allay concerns of farmers who have already been hit hard by unseasonal rains earlier this year and have been on edge ever since the government forecast what could...

Photo: Reuters

Govt douses century-old coal fires as PM Narendra Modi seeks output boost

by Krishna N. Das |Jun 1, 2015

Reviving output from the nationalised coal sector has been one of Modi's most tangible achievements during his first year in office, one that he hopes will secure continuous power to all and eat i...