As a part of the ongoing review of the strategic investments of the company, Tata Steel Limited Board have considered the recent announcement of Rio Tinto Jersey Holdings 2010 Limited to de-list Riversdale Mining Limited following its increased shareholding to 73.20% in Riversdale Mining Limited.
Tata Steel announced it has decided against holding its equity investment

According to the Business Standard, Coal India is planning fresh investments, as it looks to establish new coal washeries. The state owned firm had earlier scheduled approx. Rs 2,500 crore investments for setting up washeries. The new, planned washeries investment is an estimated Rs. 3,500 crore.
Coal India managing director N C Jha, said Coal India

Astra Mining Ltd is assessing the acquisition of 1 or more of 12 gold mines in Karnataka State, Southern India. Astra believes the immense geological potential and the advanced infrastructural set up means there is huge potential for mining development in the area.
India is the largest buyer of gold, but smallest producer. India is currently

Sesa Goa Ltd Tuesday announced that it has acquired 200 million shares amounting to 10.4 per cent stake in Cairn India from PETRONAS International Corporation Ltd. The investment was at a consideration of $2.1 billion, priced at about 331 rupees per share.
According to Sesa Goa Ltd, the acquisition is in addition to the Open Offer

The Mint newspaper Monday reported that Huntsman Corp is mulling an expansion of its business in India through acquisitions. Huntsman Corp is the world’s third-biggest producer of titanium-dioxide pigment. According to Live mint, Huntsman plans to expand and acquire companies in India to keep up with customer demand.
Under the plans, Huntsman is keen on doubling

UK based India focused mining group Vedanta Resources Monday said it will not hike its existing offer for India’s Cairn Energy. The announcement comes in the wake of a panel Cairn Energy formed to secure the interest of minority shareholders in the sale of its Indian interest. However, in the Monday announcement, Vedanta said it