Ezine Archive
March Issue 2016
March Issue 2016
Month: March 2016
Editorial
March 2016: EDITOR Devangshu Datta
India has been blessed with a large and varied basket of minerals and it possesses the raw materials to supply sectors such as power generation, gas distribution, iron and steel, fertiliser, cement, etc. Those resources […]
Sector Focus
Sector Focus
Sector Focus
Small Steps: Advances in mining equipment and technology
The size of the Indian construction equipment market was estimated to be about Rs 332 billion in 2015. Between 2010 and 2014, it grew at a compound annual growth rate (CAGR) of around 21 per […]
Sector Focus
Mixed Performance: Demand and supply scenario of key minerals
Key minerals such as coal, lignite, bauxite, iron ore, and select metallic and non-metallic minerals are directly or indirectly used in various infrastructure sectors. Among major minerals, coal and lignite showed an increase in production […]
Sector Focus
Promising Prospects: Project pipeline and future outlook
India’s mining space has a promising project pipeline. At present, there are 208 mining projects on the anvil. Of these, 136 are under implementation while 72 have been announced. These projects have a total capacity […]
Sector Focus
Subdued Performance: Companies’ profit margins under pressure
India is well endowed with mineral reserves and the mining industry plays a crucial role in economic growth. The share of mining and quarrying in gross value added in the economy stood at 3.05 per […]
Sector Focus
Aggressive Bidding: Coal block auctions
The coal sector has seen significant reform measures in the past year. These have been targeted at augmenting coal production, improving coal availability to end-users and improving mining efficiency. A key policy development was the […]
Sector Focus
Slow Progress: Recent trends and developments in the sector
India’s mining sector has seen several important developments in recent months. State governments have commenced the process of auction of mines after the incorporation of an enabling provision in the Mines and Mineral Development and […]
Sector Focus
Overview: Policies eased to revive growth
The performance of the mining sector is a key determinant of economic growth. India is well endowed with minerals, and these serve as raw materials for a number of sectors such as power, iron and […]
Mergers & Acquisitions
Tata Power’s renewable arm to acquire Indo Rama Renewables’ Sangli wind farm
Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, has signed a share purchase agreement with Indo Rama Renewables Limited (IRRL) to acquire the latter’s 30 MW wind farm at Sangli, Maharashtra. The […]
Equity Moves
IDFC PE offloads stake in SACM to Singapore’s Temasek Holdings for Rs 750 million
IDFC Private Equity (IDFC PE) is offloading an undisclosed portion of its stake in Star AgriWarehousing & Collateral Management (SACM) to the Singapore government’s investment company Temasek Holdings for a consideration of Rs 750 million, […]
Equity Moves
Indian Bank buys Marg Limited’s 52.46 per cent stake in Karaikal Port
Indian Bank has taken over the 52.46 per cent equity stake owned by Marg Limited in Karaikal Port Private Limited (KPPL). KPPL is a special purpose vehicle (SPV) incorporated for the implementation and operation of Karaikal port. […]
Equity Moves
GoAir plans IPO worth Rs 10 billion in FY17
GoAir is planning a Rs 10 billion IPO in 2016-17, after it has clarity on the delivery of its new Airbus aircraft. The airline had earlier planned an IPO in 2015-16. However, uncertainty over the […]
Equity Moves
REC and PFC may buy government’s shares in NHPC
The Ministry of Power has issued a directive to financial institutions under its control (the Rural Electrification Corporation and Power Finance Corporation) to buy a stake in NHPC Limited. This is to bring the government […]
Equity Moves
Abu Dhabi keen to invest Rs 350 billion on 50 Indian highway projects
The Abu Dhabi Investment Authority, a sovereign wealth fund, has expressed interest in taking up 50 highway projects on a toll-operate-transfer basis in India. Under this model, roads that have already been built by the […]
Equity Moves
Start-up Hansel.io raises funding from venture capital fund Endiya Partners
Bengaluru-based mobile development toolkit start-up Hansel.io has raised an undisclosed amount from venture capital fund Endiya Partners. The transaction was facilitated by Tracxn Syndicate, a data analytics firm that connects start-ups with potential investors. The […]
Loans
SE Forge exits corporate debt restructuring plan
SE Forge Limited (SEFL), a subsidiary of Suzlon Group, has exited the corporate debt restructuring plan. The move follows the company’s improved performance in terms of sale revenue, for the first nine months of 2015-16. […]
Loans
JICA pledges Rs 57 billion for highway development in NER
The Japan International Cooperation Agency has pledged overseas development assistance of about Rs 57 billion for the development of highways in the north-eastern region. The project involves widening and upgrading roads to two lanes, with […]