SAIL-Tata Steel JV seeks to buy overseas coal assets
KOLKATA: Less than three weeks after acquiring a large coal property in Mozambique, Steel Authority of India Ltd is looking for more. Together with Tata Steel Ltd, the state-run company is scouting for fresh acquisition of overseas coal assets to ensure continuous supply of coking coal, a key raw... read more »
SpiceJet Surpasses Jet To Become Number Two
Riding on a slew of discount offers, low-cost carrier SpiceJet surpassed Jet Airways to become the second-largest domestic airline in July. Its market share in the month stood at 20.9% as compared to the Jet Airways-JetLite combine’s 19.6%.The market share of IndiGo declined marginally to... read more »
Israel PM slams beheading of US journo, says ISIS is like Hamas
Israeli PM Benjamin Netanyahu has likened the Hamas to the barbaric Sunni extremists from Iraq and Syria – the ISIS, calling them the branches of the same tree. In a statement issued yesterday evening, Netanyahu said that the entire world was shocked by t he beheading of a US journalist by the... read more »
Opposition, Pakistan govt deadlock continues
The US has said that it does not support any extra-constitutional changes in Pakistan, where deadlock continues between Prime Minister Nawaz Sharif and two key opposition figures seeking his resignation over allegations of corruption and election rigging. “We support the constitutional and... read more »
