DOCSLIB.ORG

List of Exploration Agencies Available with Ibm

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text

Load more

LIST OF EXPLORATION AGENCIES AVAILABLE WITH IBM S.No Name of the company & Complete List of major clints No. of Drilling Machines Annual Address with contact Telephone Nos. financial & web site turnover 1 M/s.Central Drilling Associates, Subham M/s Ultratech Cement, M/s. Sanghi Conventional drill rigs nearly 32 of Tower, 1st Floor, Block No 9 Plot No Infrastructures, CMPDI(Coal Exploration), various make and Modern Hitech Drill ` 74.7 million 18/1, B-2, RPTS Road, Ajni Square, CMDC Ltd (Chhattisgarh) Rigs from Sandvik(DB 710) - 2nos, Nagpur-440015,Ph.No.0712- Boart Long Year (DB 520) -1no, Kores 6500387,[email protected], (KDR 600) - 1no. [email protected] 2 M/s ACC Ltd Raw material & mine Work solely for company a)Skid mounted GD425 b) Truck Services are planning, ACC Thane complex, L.B.S mounted DM625 c) Highly mobile VOL for non Marg, Thane-400604, India Ph No 35 d) Advanced deep hole drilling commercial +912239248382 Fax No +91 hydrostatic drill e) Truck mounted basis hence 2225811618, www.acclimited.com Rotomac 50DTH drill & HALCO(DTH financial turn drills) f) Multipurpose reverse circulation over is not (RC) cum core drill applicable 3 M/s Nareshkumar & Co Pvt Ltd,101/104, M/s ACC Minerals resources Ltd M/s Tata UDR-710Hydro static core drill with 1st floor Srimohini complex, G 45 Steel, DMG Jharkhand & M/s Gujarat pump -2Nos ` 2320 Kingsway , Nagpur Tel No 0712- Mineral Development Corporation millions 6629931/6629932, Fax No 0712 6618740, ID- [email protected],Registered office M/s Nreshkumar & Co Pavt Ltd, 9B,wood street, Kolkata 700016 1 4 M/s RMSI Pvt Ltd.,A-7, Sector-16, Noida, Abhijeet Group, Adhunik Industries, Anglo Not indicated UP, Noida 201301 Tel No +91 American, Bengal Energy, Delta Mining ` 918 million 1202511102 , 2512101, Fax No +91 consolidated SouthAfrica, De Beers, Essar 1202511109, 2510963. www.rmsi.com Mineral Resources Ltd (EMRL), Firestone Diamonds, SouthAfrica, Golden Star Exploration Ghana, Jindal stainless Turkey, Midwest Africa, Mineral enterprises, Paramount Mining, Sudar, Prithvi Group , Reliance Industries Ltd, Tata Steel. 5 M/s Deccan Exploration Services Pvt. Reliance, Tata Steel, Adhunik Group, Not indicated Ltd.,No.89/1, 4th Floor, Raja Ikon Aditya Birla Group, Triveni Group, J B ` 20 million Building, Marathahalli Outer Ring Road, Group, Manyata Group Bangalore 560037, Ph.No. 918040428400, Fax: 918040428401, email: [email protected] 6 M/s.Transional Drilling and Mining HZL, Sesa Goal Ltd , Adi Gold Mining Pvt a) Hydco 1000 H drilling rig- 1 No b) Associated Pvt. Ltd,Regd. Office: LUV- Ltd Ferro Alloys Corpn Ltd, Mining Boart longyear D.V.525 drilling rigs- 1 ` 212 million 303,Agrasen Apart. 66 I.P.Extension, Assoiciates Pvt Ltd(CMPDI), Reliance No c) Atlas copco CS 14 drilling rig-2 Patparganj, Delhi 110092, Tel.No.0124- Industreis Ltd Deep Industries Ltd Nos d) Dynatec-DICD 15 Nos e) CIFM 4993830, Fax: 0124-4993833, Corporate Geopetrol International Inc Drilling ridge- 1 No e) Robertson Office: 311,JMD Pacific Square, Sector Triplex pam for motorised drilling-2 sets 15, Part II, Gurgaon 122001, Tel.No. 0124-4993830, Fax: 0124-4993833, www.tdma.ndsco.net 7 M/s.Saturn Mining and Exploration Jindal Steel & Power ltd , Jharkhand a) Skid mounted heavy duty diamond Pvt.Ltd. ,6, Satya House, Indira Nagar, Integrated power ltd. co crilling RD-60 with RD-470 triplix ` 3.7 Million Kanke Road, Ranchi 834008, Tel.No high pressure receprocating mud 0651-2232109, Fax: 0651-2232109, pump(Hydralic drill) truck mounted www.saturnindia.in heavy duty drilling ridge with RD 470 triplex high pressure reciprocating mud pump (hydrolic drill) drill accessores /ridge etc. 2 8 M/s.Siddharth Geo Consultants,621/3, 1st MMTC Ltd , ESSAR Steel Ltd CMDC Ltd 5000mtr & 2500 mtr DTH drilling floor, Ramkund, Samata Colony, Behind Chhattisgarh etc. ` 6 Million Life Worth Hospital, Raipur-492001 Ph No 0771-4281072 Fax No 0771-4281072 www.geoconsultants-sgc.com 9 M/s. Siddharth Geo Consultants (India) 1.M/s Jindal Steel Power Limited Drilling machine (One) 1)KORES 2011-2012 Private Limited. 2. M/s Monnet Ispat & Power Limited MODEL(KME-600) Capacity-600 m in NQ (` 0.976 million) 621/3 1st Floor, Ramkund,Samta colony, 3. M/s MMTC Ltd. Rod and 405m in HQ Rod, Powered by Behind Life Worth Hospital, Raipur, 4. M/s Essar Steel HA 494 KILOSKAR Engine. Chhattisgarh.phone-0771-4070731, Fax- 5. M/s Adhunik 0771-4281072, E- mail: 6. M/s Rashmi Group KORES MODEL (L-100 C) Skid mounted [email protected] 7. M/s Navobharat Fuels duplex reciprocating Mud Pump, Powered [email protected],Website. 8. M/s Neo Metalliks Limited by HA 394 KILOSKAR Engine. www.mininggeology-sgc.com 9. M/s MSP Steel 10. M/s Salsar Sponge & Power Limited 10 M/s.De Bears India Pvt Ltd, Advanced The company does not take up any Portable Diacor Drill-rig (capacity : The company Business Centre No 83,Maker Chambers, exploration activity for any other company 50mtr. depth - 2 nos. has spent more VI , Nariman Point, Mumbai-400021 - Tel or organisation. They take up exploration than ` 1500 No 022-22832971 , Fax No 022- for their company only crores towards 22832823 www.debearsgroup.com its exploration Exploration office & Treatment Centre : activities in no 36/A, Iind phase, Peenya Industrial India Area, Bangalore-560058, Tel No 08022162222 Fax No 080 22162244 11 M/s.Shreeram Gemicon Pvt.Ltd,L-09, a)M/s Monnet Ispat Limited, New Delhi a) Drilling Rig for Coring Drilling -7 songanga Colony, Seepat Road, b)M/s Jindal Steel & Power Limited, b)Drilling Rig for Non coring drilling -1, ` 91 Million Bilaspur-495006 (C.G), Ph.No. 07752- Raigarh c) M/s Jayaswals NECO Limited, 258164, Fax No. 07752-258203, Nagpur d)M/s Raipur Alloys and Steel [email protected] Limited, Raipur.e)M/s Prakash Industries Limited, New Delhi f) M/s Sainik Finance & Industries Limited, New Delhi g)M/s Bengal Emta Coal Mines Limited h) M/s Fatehpur East Coal Company Ltd i)M/s Chhattisgarh Sondhia Coal Company Ltd. j) M/s Madhya Pradesh State Mining Corporation Ltd.k) M/s CMPDIL 3 12 GEMS PROJECTS PVT.LTD.,1236/2, 40 clients, mainly are :i) M/s Tata Metaliks 1 l)Drilling machine - i)LONGYEAR-35 - Less than Lagpat Nagar, Near Lala Lajpat Rai Ltd. Ii)M/s SKS Power & Ispat Ltd. Iii)M/s 02 ii)VOL-90 -12 iii)JOY-12-B-04 ` 100 Million Senior Secondary School, Pundag, Ispat Industries Ltd. Iv) M/s Jindal Pipes iv)L&T-44 -02 v)VOL-180 -05 vi) Argora, Ranchi, Jharkhand-834012, Ltd. V) M/s JSW Steel Ltd. Vi) M/s KDR60-01 Ph.No. 0651-2246412,Fax No.0651- Jharkhand State Minerals Development 2242513, [email protected] Cooporation Ltd vii)M/s Sun Flag Iron & Steel Co. Ltd. viii)M/s Tata Refractory Ltd. ix) M/s MECON Limited x) M/s Engineers India Ltd. xi) M/s Hindalco Industries Ltd. xii) M/s National Highway Authority of India 13 M/s.Hydro-Geosurvey Consultants Pvt. Indian Rayon & Industries Ltd., KEC 4 heavy duty hydraulicdiamond core Ltd,C-103,Shastri Nagar, Jodhpur International Ltd., Gujarat Ambuja Cement drilling machines and 3clyx drilling rigs, ` 14 Million 342003, Ph.No. 0291-2431754, Ltd., Shree Cement Ltd. Mangalam Cement http://www.hydrogeosurvey.com email- Ltd., Lafrage Cement (India) Ltd., Dalmia [email protected] Cement (Bharat) Ltd., Vedanata Cement Ltd., J.K.Cement Works, Sidhhi Vinayak Cement Ltd 14 M/s Geo Solutions Private Ltd,,HIG-21, Hira group, Amravati group, Sai Chemicals, Drilling services are provided from Not indicated HUDCO Colony, Amdi Nagar, Bhilai, Dist. Arcelor Mittal India Ltd, Neco Ceramics Ltd, R.K.Drilling Services Itarsi. Durg, Chhattisgarh, Ph.No.+91- Jayaswal Neco Industries Ltd, Jamul 9425123191 www.geosolutions.org.in Cement Works,ACC Ltd, Bhilai Steel Plant, Manganese Ore India Ltd, Balasore Alloys Ltd., JLD Cement, Abhijeet Cements Ltd.,Ispat Industries Ltd.,SAIL RMD 15 M/s Sai Universal Mining services,1-17, M/s. P.B.Setty& Sons, M/s. Bharath Mines Core Drilling VOL 180,Longyear LF Not indicated Aswini Nilaya, J.P.Nagar, 2nd Cross, and Minerals, M/s. Apple Alloys, M/s. 90D - 2Nos, DTH drill (115mm dia)-1No Hospet -583201, Bellary dist., Karnataka Ramakrishna Minerals, M/s. J.K.Cement, Tel/Fax No.08394-265084, M/s. Caria Steel , M/s.SMIORE +919449815560, www.sumsconsultancy.org 4 16 M/s. Khanna Associated,Ramesh Nagar, Ambuja Cement, Ultratech Cement, Jaypee VOL 90 NQ, VOL 30 NQ, L&T 575 Not indicated B-42/18, New Delhi 110015. Ph.No. 011 Cement 65372624, e-mail: [email protected] 17 M/s Mineral Exploration Coroporation State DMG like Maharashtra, Kerala, Hydrostatic rig : Longyear HY-44 - Limited,Dr. Babasaheb Ambedkar Chattisgarh, Meghalya, Gujarat, Assam, 2nos, Kores Acker- WAII- 5nos, Kores ` 1270 Bhavan, High Land Drive Road, Seminary Bihar, Jharkhand, Rajasthan, Tripura, Filing DR-1500 -1no, LMP-1500 -11nos, Million Hills, Nagpur 440006, Maharashtra, Arunachal Pradesh, Orissa etc., and NTPC, LMP-DR-2500 -3,JVM-2500 -2nos and Ph.No. 0712- 2511841,2510310. Fax No. MOIL, NHPC, NMDC Ltd., ONGC etc., and other coventional drill rigs:a) VOL400 0712-2510548, www.mecl.gov.in many other private organisations. And -1No b)VOL300- 39 Nos c) VOL180 - Clients of International /Multi National like 9Nos. d) VOL90 -2Nos. e) Dm 625 - Bishimetal Exploration Comapny, Japan, 4Nos. f) KME 1000 -4 Nos. g) RD 30 - Bureau De Recherches Geologiques Et 3Nos. h) RD 60 -6 Nos. i) RD 100 -5 Mines, Orleans, France, Heaven On Earth Nos.
Recommended publications
  • Vedanta Interim Results & Capital Market's Day Conference Call

    Vedanta Interim Results & Capital Market's Day Conference Call

    “Vedanta Interim Results & Capital Market’s Day Conference Call” November 10, 2017 MANAGEMENT: MR. ANIL AGARWAL – CHAIRMAN, VEDANTA MR. KULDIP KAURA – CHIEF EXECUTIVE OFFICER, VEDANTA MR. SCOTT CAITHNESS – HEAD, EXPLORATION, VEDANTA MR. STEVEN DIN – CEO, KCM MR. SUDHIR MATHUR – CEO, OIL & GAS MR. SUNIL DUGGAL – CEO, ZINC INDIA MS. DESHNEE NAIDOO – CEO, ZINC INTERNATIONAL MR. SAMIR CAIRAE – CEO, INDIA DIVERSIFIED METALS MR. KISHORE KUMAR – CEO, IRON ORE MR. ABHIJIT PATI – CEO, ALUMINUM, JHARSUGUDA MR. AJAY DIXIT -- ALUMINA & TSPL POWER, VEDANTA MR. ASHWIN BAJAJ, HEAD, INVESTOR RELATIONS, VEDANTA Page 1 of 39 Vedanta Resources November 10, 2017 Moderator: Good day, ladies and gentlemen and welcome to the Vedanta Interim Results and Capital Markets Day Conference Call. As a reminder, all participant lines will be in the listen-only mode, and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing ‘*’ and then ‘0’ on your touchtone telephone. Please note that this conference is being recorded. Ashwin Bajaj: Ladies and gentlemen, very good morning. I am Ashwin Bajaj, Head of Investor Relations of Vedanta. Thank you for joining us today for our H1 FY 2018 Results and Capital Markets Day. Let me introduce our speakers and go over the agenda for today. Our Chairman -- Anil Agarwal will give an “Overview” followed by “Strategy Update” by our CEO -- Kuldip Kaura; this will be followed by Scott Caithness -- our Head of Exploration who is here on video. Our CFO -- Arun Kumar is unable to join us today for medical reasons, so I will cover the “Financial Update;” Mr.
  • 18 December 2020 Reliance and Bp Announce First Gas from Asia's

    18 December 2020 Reliance and Bp Announce First Gas from Asia's

    18 December 2020 Reliance and bp announce first gas from Asia’s deepest project • Commissioned India's first ultra-deepwater gas project • First in trio of projects that is expected to meet ~15% of India’s gas demand and account for ~25% of domestic production Reliance Industries Limited (RIL) and bp today announced the start of production from the R Cluster, ultra-deep-water gas field in block KG D6 off the east coast of India. RIL and bp are developing three deepwater gas projects in block KG D6 – R Cluster, Satellites Cluster and MJ – which together are expected to meet ~15% of India’s gas demand by 2023. These projects will utilise the existing hub infrastructure in KG D6 block. RIL is the operator of KG D6 with a 66.67% participating interest and bp holds a 33.33% participating interest. R Cluster is the first of the three projects to come onstream. The field is located about 60 kilometers from the existing KG D6 Control & Riser Platform (CRP) off the Kakinada coast and comprises a subsea production system tied back to CRP via a subsea pipeline. Located at a water depth of greater than 2000 meters, it is the deepest offshore gas field in Asia. The field is expected to reach plateau gas production of about 12.9 million standard cubic meters per day (mmscmd) in 2021. Mukesh Ambani, chairman and managing director of Reliance Industries Limited added: “We are proud of our partnership with bp that combines our expertise in commissioning gas projects expeditiously, under some of the most challenging geographical and weather conditions.
  • Factsheetmarch11

    Factsheetmarch11

    March 2011 EQUITY OUTLOOK The Indian benchmark indices ended FII Equity Flows: Turn Buyers for First Time in 2011 March on a positive note after being 7,000 Cash (US$m) 6,373 6,000 Futures (US$m) 5,580 down ~13% between January and 5,000 3,777 4,159 February 2011. The benchmark gained 4,000 3,000 2,405 Gaurav Kapur 2,220 1,556 2,100 1,740 SENIOR MANAGER - EQUITY about 5.6% during March 2011, 2,000 1,358 1,299 1,000 406 329 making it the second best performing 231 0 -1,000 -529 -363 market in the world for the month. The CNX midcap index also was -737 -993 -826 -2,000 -1,016 -1,257 -1,989 -1,387 up 5.8% over the same period. FIIs were net buyers of ~US$1.5 bn -3,000 -4,000 -3,417 during March, however, they are still net sellers worth around 1 1 1 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 1 1 1 1 1 1 - - - - - - - - - - - - r l t r b n y v c n g p a c u p e a a o e US$650 mn year-to-date. u u e J J M F O A J N D A S M Source: Morgan Stanley Research Asia was the best performing Emerging Markets region in March, rising by 7.1%, while Emerging Markets Ex Asia (+4.7%), despite underperforming, remained resilient in the face of the ongoing political turmoil in the neighboring Middle East North Africa (MENA) region and the rumbling sovereign debt crisis in Europe.
  • Government of India Ministry of Micro, Small and Medium Enterprises

    Government of India Ministry of Micro, Small and Medium Enterprises

    GOVERNMENT OF INDIA MINISTRY OF MICRO, SMALL AND MEDIUM ENTERPRISES LOK SABHA UNSTARRED QUESTION NO. 4232 TO BE ANSWERED ON 07.01.2019 PUBLIC PROCUREMENT POLICY 4232. SHRI ADHALRAO PATIL SHIVAJIRAO: SHRI SHRIRANG APPA BARNE: SHRI KUNWAR PUSHPENDRA SINGH CHANDEL: DR. SHRIKANT EKNATH SHINDE: SHRI ANANDRAO ADSUL: SHRI VINAYAK BHAURAO RAUT: Will the Minister of MICRO, SMALL AND MEDIUM ENTERPRISES be pleased to state: (a) the details of the total annual procurement of goods and services by each Public Sector Enterprise (PSE) in the year 2014-15, 2015-16, 2016-17 and 2017-18; (b) the quantity of calculated value of goods and services procured under Public Procurement Policy Order, 2012 during the said period in each PSE; (c) the status of procurement under this policy from MSMEs owned by SC/ST and non-SC/STs during the said period by each PSE; (d) whether the public procurement policy is not being complied with by many Government departments/PSEs; and (e) if so, the details thereof and the reasons therefor along with corrective steps taken/being taken by the Government in this regard? ANSWER MINISTER OF STATE (INDEPENDENT CHARGE) FOR MICRO, SMALL AND MEDIUM ENTERPRISES (SHRI GIRIRAJ SINGH) (a) to (e): The details of annual procurement of goods & services by the Central Public Sector Enterprise (CPSE) as per information provided by Department of Public Enterprises (DPE) are as under: Year No. of Total Procurement Procurement from MSEs CPSEs Procurement From MSEs owned by SC/ST (Rs. in Crore) (Rs. in Crore) Entrepreneur (Rs. in Crore) 2014-15 133 131766.86 15300.57 59.37 2015-16 132 279167.15 12566.15 50.11 2016-17 142 245785.31 25329.44 400.87 2017-18 169 280785.49 24226.51 442.52 Ministry of MSME has taken several measures for effective implementation of the Public Procurement Policy.
  • In the High Court of Delhi at New Delhi + Fao (Comm)

    In the High Court of Delhi at New Delhi + Fao (Comm)

    $~ * IN THE HIGH COURT OF DELHI AT NEW DELHI + FAO (COMM) 75/2021 & CM APPL. 10873/2021 & 10874/2021 M/S MANGALWAR FILLING STATION ..... Appellant Through: Mr.Anil Airi, Sr. Adv. with Mr.Rishabh Sancheti, Ms.Padma Priya, Mr.Anchit Bhandari & Ms.Shreya Gupta, Advs. versus INDIAN OIL CORPORATION LIMITED & ORS. ..... Respondents Through: Ms.Mala Narayan & Mr.Shashwat Goel, Advs. R-1/IOCL. Reserved on : 25th May, 2021 % Date of Decision: 07th July, 2021 CORAM: HON'BLE MR. JUSTICE MANMOHAN HON'BLE MR. JUSTICE NAVIN CHAWLA J U D G M E N T MANMOHAN, J: 1. Present appeal has been filed under Section 37 of Arbitration and Conciliation Act, 1996 (hereinafter referred to as “the Act”) challenging the order dated 4th March, 2021 passed by the learned District Judge (Commercial Court – 02), Patiala House Court, New Delhi whereby the Appellant’s petition under Section 34 of the Act was dismissed. Appellant also challenges the arbitral award dated 21stJuly, 2018 whereby the Appellant’s claim was FAO (COMM) 75/2021 Page 1 of 16 dismissed and the Show Cause Notice dated 06th February, 2015 issued by the respondent-IOC was held to be valid. FACTS OF THE CASE 2. The Appellant, a proprietary concern of Sh. Rajendra Kumar, is engaged in the business of running a petrol and diesel pump on the National Highway no.76, Udaipur Road, Chittorgarh, Rajasthan as granted by the respondent– Indian Oil Corporation Ltd. Originally, the Appellant was the owner of the land from where the petrol and diesel pump was being run. The respondent appointed the Appellant as a dealer vide Letter of Appointment dated 4th January, 1991.
  • February 17, 2020

    February 17, 2020

    February 17, 2020 The Manager, Listing Department The General Manager The National Stock Exchange of India Ltd. The Bombay Stock Exchange Limited Exchange Plaza Listing Department Bandra Kurla Complex 15th Floor, P J Towers Bandra (E) Mumbai-400 051 Dalal Street, Mumbai-400 001 NSE Trading Symbol- DEN BSE Scrip Code- 533137 Dear Sirs, Sub.: Media Release titled “Scheme of Amalgamation and Arrangement amongst Network18, TV18, Den & Hathway” Dear Sirs, Attached is the Media Release being issued by the Company titled “Scheme of amalgamation and Arrangement amongst Network18, TV18, Den & Hathway”. You are requested to take the above on record. Thanking You, FCS No. :6887 MEDIA RELEASE Scheme of Amalgamation and Arrangement amongst Network18, TV18, Den & Hathway Consolidates media and distribution businesses of Reliance Creates Media & Distribution platform comparable with global standards of reach, scale and integration News Broadcasting business of TV18 to be housed in Network18 Cable and Broadband businesses of Den and Hathway to be housed in two separate wholly-owned subsidiaries of Network18 February 17, 2020: Reliance Industries (NSE: RELIANCE) announced a consolidation of its media and distribution businesses spread across multiple entities into Network18. Under the Scheme of Arrangement, TV18 Broadcast (NSE: TV18), Hathway Cable & Datacom (NSE: HATHWAY) and Den Networks (NSE: DEN) will merge into Network18 Media & Investments (NSE: NETWORK18). The Appointed Date for the merger shall be February 1, 2020. The Board of Directors of the respective companies approved the Scheme of Amalgamation and Arrangement at their meetings held today. The broadcasting business will be housed in Network18 and the cable and ISP businesses in two separate wholly owned subsidiaries of Network18.
  • Hindustan Zinc Limited

    Hindustan Zinc Limited

    Hindustan Zinc Limited INVESTOR PRESENTATION AUGUST 2019 Cautionary Statement and Disclaimer The views expressed here may contain information derived from publicly available sources that have not been independently verified. No representation or warranty is made as to the accuracy, completeness, reasonableness or reliability of this information. Any forward looking information in this presentation including, without limitation, any tables, charts and/or graphs, has been prepared on the basis of a number of assumptions which may prove to be incorrect. This presentation should not be relied upon as a recommendation or forecast by Hindustan Zinc Limited. Past performance of Hindustan Zinc cannot be relied upon as a guide to future performance. This presentation contains 'forward-looking statements' – that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as 'expects,' 'anticipates,' 'intends,' 'plans,' 'believes,' 'seeks,' or 'will.' Forward–looking statements by their nature address matters that are, to different degrees, uncertain. For us, uncertainties arise from the behaviour of financial and metals markets including the London Metal Exchange, fluctuations in interest and or exchange rates and metal prices; from future integration of acquired businesses; and from numerous other matters of national, regional and global scale, including those of a environmental, climatic, natural, political, economic,
  • The Indian Steel Industry: Key Reforms for a Brighter Future

    The Indian Steel Industry: Key Reforms for a Brighter Future

    National Council of Applied Economic Research The Indian Steel Industry: Key Reforms for a Brighter Future September 2015 The Indian Steel Industry: Key Reforms for a Brighter Future September 2015 National Council of Applied Economic Research 11 Indraprastha Estate, New Delhi 110 002 NCAER | QUALITY . RELEVANCE . IMPACT (c) 2015 National Council of Applied Economic Research Support for this research from Tata Steel is gratefully acknowledged. The contents and opinions in this paper are those of NCAER alone and do not reflect the views of Tata Steel or any its affiliates. Published by Anil K Sharma Secretary and Head of Operations and Senior Fellow The National Council of Applied Economic Research Parisila Bhawan, 11 Indraprastha Estate New Delhi 110 002 Tel: +91-11-2337-9861 to 3 Fax: +91-11-2337-0164 [email protected] www.ncaer.org The Indian Steel Industry: Key Reforms for a Brighter Future THE INDIAN STEEL INDUSTRY: KEY REFORMS FOR A BRIGHTER FUTURE IV NATIONAL COUNCIL OF APPLIED ECONOMIC RESEARCH Parisila Bhawan, 11 Indraprastha Estate, New Delhi 110 002 Tel.: + 91 11 2337 0466, 2337 9861 Fax + 91 11 2337 0164 [email protected], www.ncaer.org Shekhar Shah Director-General Foreword There is much excitement in India about the ‘Make in India’ program launched by the new Modi government. It is expected that with improved ease of doing business in India, including the reform of labor laws, rationalization of land acquisition, and faster provision of transport and connectivity infrastructure, both foreign and domestic investment will pick up in manufacturing. The hope is that the rate of growth of manufacturing will accelerate and the share of manufacturing in GDP, which has been stagnant at about 15 per cent for the last three decades, will increase to 25 per cent.
  • Shri Ved Prakash & Shri R. K. Bahuguna Elected As

    Shri Ved Prakash & Shri R. K. Bahuguna Elected As

    ISSUE 64, MARCH-APRIL, 2017 CELEBRATING (10th April, 2017 - 16th April, 2017) HON’BLE PRESIDENT TO ADDRESS THE 8TH PUBLIC SECTOR DAY ON 11TH APRIL, 2017 Shri Ved Prakash & Shri R. K. Bahuguna Elected as Chairman & Vice Chairman of SCOPE Shri Ved Prakash Shri R. K. Bahuguna CMD, MMTC Ltd. CMD, RAILTEL Corp. MARCH-APRIL, 2017 SCOPE NEWS Shri Ved Prakash & Shri R. K. Bahuguna Elected as Chairman & Vice Chairman of SCOPE Shri Ved Prakash Shri R. K. Bahuguna CMD, MMTC Ltd. CMD, RAILTEL Corp. allot papers received from Constituent PSEs for the SCOPE Mr. Deepak Kumar Hota, CMD, BEML; Mr. D.R. Sarin, CMD, ALIMCO; BElections 2017-19 for Chairman, Vice-Chairman and Members of Mr. Ravi P. Singh, Director (Personnel), Power Grid Corporation; Mr. the SCOPE Executive Board were counted and results were declared Saptarshi Roy, Director (HR), NTPC; Mr. D.D. Misra, Director (HR), ONGC; on 28th March 2017 in the presence of authorized representatives Mr. Rajeev Bhardwaj, Director (HR), SECI; Mr. R.K. Gupta, CMD, WAPCOS from PSEs and Contestants. Limited; Mr. R.K. Sinha, Director (HR), NTC; Mr. Deependra Singh, CMD, IREL; Mr. Kishor Rungta, Director (Finance), ECIL; Dr. Sanjay Kumar, Dr. U.D. Choubey, Director General, SCOPE and Returning Officer Director (HR), WCL; Dr. B.P. Sharma, CMD, Pawan Hans Limited; Cmde declared the results. A.N. Sonsale, CMD, NEPA Ltd.; Dr. H. Purushotham, CMD, NRDC; Following are the results: Mr. D.S. Sudhakar Ramaiah, Director (Finance) & CMD, PDIL; and Chairman: Mr. Ved Prakash, CMD, MMTC Ltd. Mr. Anupam Anand, Director (Personnel), Hindustan Copper Limited.
  • Government of India Ministry of Heavy Industries and Public Enterprises Department of Public Enterprises

    Government of India Ministry of Heavy Industries and Public Enterprises Department of Public Enterprises

    GOVERNMENT OF INDIA MINISTRY OF HEAVY INDUSTRIES AND PUBLIC ENTERPRISES DEPARTMENT OF PUBLIC ENTERPRISES LOK SABHA UNSTARRED QUESTION NO. 1428 TO BE ANSWERED ON THE 11th FEBRUARY, 2020 ‘Job Reservation for SCs, STs and OBCs in PSUs’ 1428. SHRI A.K.P. CHINRAJ : SHRI A. GANESHAMURTHI : Will the Minister of HEAVY INDUSTRIES AND PUBLIC ENTERPRISES be pleased to state:- (a) whether the Government is planning to revamp job reservations issue for Scheduled Castes (SCs), Scheduled Tribes (STs) and Other Backward Classes (OBCs) in State-run companies following sharp fall of employment opportunities to them consequent upon disinvestment in all the Public Sector Enterprises (PSEs); (b) if so, the details thereof; (c) whether it is true that the Department of Investment and Public Asset Management (DIPAM) is examining the issue of job reservations for SCs, STs and OBCs in State run companies following disinvestment and if so, the details thereof; (d) the total disinvestment made in various PSEs company and category-wise during the last three years along with the reasons for disinvestment; (e) the total number of SCs, STs and OBCs presently working in various PSEs company and category-wise; and (f) the total number of SCs, STs and OBCs who lost their jobs in these companies during the said period? ANSWER THE MINISTER FOR HEAVY INDUSTRIES & PUBLIC ENTERPRISES (SHRI PRAKASH JAVADEKAR) (a to d): Job reservation is available to Scheduled Castes (SCs), Scheduled Tribes (STs) and Other Backward Classes (OBCs) in Central Public Sector Enterprises (CPSEs) as per the extant Government policy. The Government follows a policy of disinvestment in CPSEs through Strategic Disinvestment and Minority Stake sale.
  • India Financial Sector. House of Debt

    India Financial Sector. House of Debt

    02 August 2012 Asia Pacific/India Equity Research Regional Banks (Financials) / UNDERWEIGHT India Financial Sector Research Analysts SECTOR REVIEW Ashish Gupta 91 22 6777 3895 [email protected] House of Debt Prashant Kumar 91 22 6777 3942 Figure 1: Borrowings of ten groups equivalent to 13% of bank loans [email protected] Borrowings of 10 corporate groups 6,000 Rs bn 5,395 5,000 4,000 3,705 3,000 2,819 2,204 2,000 1,450 993 1,000 0 FY07 FY08 FY09 FY10 FY11 FY12 Source: Company data, Credit Suisse estimates, ■ Concentration risk rising. Over last five years, Indian banks have witnessed strong (20% CAGR) loan growth. However, this has increasingly been driven by select few corporate groups; aggregate debt of these ten groups has jumped 5x in the past five years and now equates to 13% of bank loans and 98% of the banking system’s net worth. Therefore, surprisingly now in terms of the concentration risk, Indian banks rank higher than most of their Asian and BRIC counterparts. ■ Group financials stretched. With economic slowdown and largely similar sectoral exposure to sectors (power & metals) and multiple assets of each group stressed, financials of these groups are stretched. Average group debt to EBITDA for this set is 7.6x and already four of 10 have interest cover Previously published Reports (EBIT/P&L interest cost) of <1. Unwelcome clouds on the horizon ■ Some macro positives visible. Over the past few weeks, wholesale rates have moderated, domestic liquidity deficit has contracted and current account deficit Pockets of over-leverage visible appears to be narrowing.
  • The Halting Progress of Privatization in India. Nandini Gupta* Current

    The Halting Progress of Privatization in India. Nandini Gupta* Current

    From Commanding Heights to Family Silver: The Halting Progress of Privatization in India. Nandini Gupta* Current status of the privatization program In February 2010, India’s United Progressive Alliance (UPA) government, led by the Congress party, resurrected its stalled privatization program with a secondary offering of shares in National Thermal Power Corporation Ltd (NTPC), one of India’s best performing government-owned firms, which owns 20% of India’s power generation capacity. The sale of the $1.8 billion block of shares reduced the government’s existing stake in the company by an additional 5%, leaving 85% still under government control. However, the poor performance of the offering has raised alarm bells for the government’s future privatization plans. NTPC was subscribed just 1.2 times for the secondary offering, mainly with the help of government-owned financial institutions (“NTPC issue scrapes through with support from SBI, LIC,” The Economic Times, February 6, 2010). Although two foreign investment banks, Citigroup and J.P. Morgan were advising the company, the secondary offering did not attract any foreign institutional investment. The poor performance of the offering has also raised questions regarding the growth prospects of this company, which is a “navratna”, one of the nine “jewels” in the government’s crown. In a recent speech, the top ranking bureaucrat in the power ministry, HS Brahma, pointed out the company’s low employee productivity (“Power secretary censures NTPC for low productivity,” Daily News and Analysis India, February 15, 2010). The lackluster performance may also be due to investor skepticism regarding the company’s ability to compete effectively with a rapidly growing private sector.