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Friday 8 July 2011

Punj Lloyd will withdraw additional financial support to subsidiary Simon Carves

Punj Lloyd will withdraw provision of additional financial support to indirect subsidiary Simon Carves due to prevailing market conditions

JSW Steel will halt expansion of Vijaynagar unit

JSW Steel will halt expansion of Vijaynagar unit until it receives approval for captive iron ore mine in Karnataka

Morgan Stanley downgrades RIL

Morgan Stanley downgrades RIL to equal weight from overweight and removes stock from focus list

All Coal Mining co.s will Share 26% Profit witl Locals

GoM approves Draft Mines & Minerals Development & Regulation Bill. Coal mining companies will share 26% profit with local.