Karnataka News | Press Trust of India | Friday November 20, 2015
Mining baron Gali Janardhan Reddy was today arrested by Karnataka Lokayukta Special Investigation Team in connection with an illegal mining case allegedly involving his company.
Press Trust of India | Monday July 27, 2015
Deccan Gold Mines on Monday said it has been granted a mining lease for Ganajur gold project in Karnataka.
South | Written by Maya Sharma | Friday January 23, 2015
Once among the most powerful men in Karnataka, G Janardhan Reddy left a jail in Bengaluru today, where he was moved from a Hyderabad prison in March 2013. He has spent three years in jail.
Tuesday November 11, 2014
Following a court imposed ban of more than two years in Karnataka, Sesa restarted mining in the state in December last year, before being asked to stop again in August.
India News | Sreenivasan Jain | Saturday October 18, 2014
After Karnataka and Goa, the Odisha government could be rocked by charges of illegal mining. A report by the Central Committee set up by the Supreme Court has found that 187 iron ore and manganese mines in the state are guilty of a host of violations, including mining in violation of environment and forest laws, and the excess mining of ore.
Thursday September 11, 2014
Mining curbs in India in states such as Goa and Karnataka along with mine closures in top producing Odisha have limited iron ore availability in the country, opening the door to more imports this year, which could help absorb some of the surplus in global supply.
South | Reported by Maya Sharma and Radhika Iyer; Edited by Abhinav Bhatt | Monday August 25, 2014
The Congress received some much-needed good news today from Karnataka, where it has won two of the three state assembly seats that were decided today. The big coup for the Congress has been its appropriation of an important BJP borough - Rural Bellary, the rich and graft-ridden heart of mining in the state.
South | Press Trust of India | Saturday July 12, 2014
Sixteen mining firms have applied to the Union Ministry of Environment and Forests, seeking permission to restart their operations in Bellary district, officials said today.
Thursday July 3, 2014
The miner expects its total iron ore output at 9.29 million tonnes in the current fiscal year to March 2015, Aniruddha Joshi, a vice president at Sesa Sterlite that operates in Goa and neighbouring Karnataka, told Reuters in an interview.
Friday May 16, 2014
India, in its crusade against illegal mining, has over the past few years choked its iron ore output and exports so hard that many companies had to give up on the sector.
Elections News | Devesh Kumar | Friday April 4, 2014
Bellary is expected to test the popularity of the Siddaramaiah government in Karnataka. The iron ore-rich constituency had come under the BJP's control in 2004, thanks largely to the clout of mining baron Janardhan Reddy and his two brothers. Their close associate B Sriramulu is now in the fray from the reserved seat, but the Reddy brothers are no ...
Elections News | Rahul Shrivastava | Friday March 14, 2014
Hours after BS Sriramulu, a close aide of the jailed mining baron Janardhan Reddy, re-joined the BJP on Friday, senior party leader Sushma Swaraj went public with her opposition.
Elections News | Maya Sharma | Friday March 14, 2014
BS Sriramulu, close aid of the jailed mining baron Janardhan Reddy, re-joined the BJP in Bangalore today. Mr Sriramulu had left the party and formed the BSR Congress after differences with the party leadership. But he is now all set to return to the fold - and is expected to get the ticket from the iron-ore rich constituency of Bellary. The seat is...
Wednesday February 26, 2014
Having acquired most of the land for its $6.5 billion plant in Karnataka, world's top steel maker ArcelorMittal hopes to complete the acquisition of the remaining 136 acres by March.
Wednesday February 12, 2014
A panel led by Justice M.B. Shah had asked the ministry to consider the restrictions to ensure that future generations are "not required to import iron ore" and to crack down on illegal mining, after recommending the same steps for Karnataka and Goa.
South | Press Trust of India | Saturday February 8, 2014
CBI officials today collected material from state forest officials regarding alleged illegal mining by Obulapuram Mining Company owned by mining baron and former state minister G Janardhana Reddy.
Wednesday February 5, 2014
The Competition Commission of India (CCI) has ruled out allegations of anti-competitive practices against National Mineral Development Corporation with respect to mining activities and production of iron-ore in Karnataka.
Tuesday January 28, 2014
India already levies a 30 per cent tax on exports of iron ore fines and lumps since December 2011. Along with mining and export curbs in key producing states Karnataka and Goa aimed at addressing illegal mining, the tariffs have helped cut India's iron ore exports by around 85 per cent, or 100 million tonnes, over the past two years.
Thursday January 9, 2014
The ban, imposed in 2012 to clamp down on illegal mining following a similar step in Karnataka in 2011, has cut India's iron ore exports by about 85 per cent, or 100 million tonnes, over the past two years.
Sunday January 5, 2014
A 140 hectare area in the NEB range of Bellary district in Karnataka was given to SAIL-VISL for undertaking prospecting or mining operation to SAIL's loss-making unit for 20 years in October, 2011.
Thursday January 2, 2014
Bans on iron ore mining and exports in top producing states of Karnataka and Goa have choked the industry so hard that MMTC is one of many firms exiting. Even if efforts to fully lift the bans make it past the many bureaucratic and legal hurdles, iron ore miners do not expect complete resumption of production until late 2014.
Monday December 30, 2013
Vedanta, controlled by metals tycoon Anil Agarwal, has been hurt by the ban on iron ore mining in Karnataka and Goa over the last few quarters.
Monday December 30, 2013
Sesa Sterlite Ltd gains as much as 3.6 per cent after the miner said a committee appointed by the Supreme Court had allowed it to resume mining activities in Karnataka.
Wednesday December 11, 2013
Ban on iron ore mining in Goa and Karnataka is not only hurting the economy but has rendered as many as one lakh people jobless, Vedanta Resources chief Anil Agarwal said today.