Chief Correspondent, Commodities, India
Krishna's Feed
Aug 19, 2015

India’s Adani in talks with Softbank, Foxconn on $3 bln solar plan

NEW DELHI, Aug 19 (Reuters) – India’s Adani Group is in
talks with Japan’s Softbank and Foxconn,
maker of Apple’s iPhone, to secure investment in a $3 billion
project to make solar cells and panels in the country, two
sources with knowledge of the matter said.

Prime Minister Narendra Modi’s government expects clean
energy to yield business worth $160 billion in India in the next
five years, based on the country’s power generation targets.

Aug 19, 2015

Exclusive: Adani in talks with Softbank, Foxconn on $3 billion solar plan – sources

NEW DELHI (Reuters) – Adani Group is in talks with Japan’s Softbank and Foxconn, maker of Apple’s iPhone, to secure investment in a $3 billion project to make solar cells and panels in the country, two sources with knowledge of the matter said.

Prime Minister Narendra Modi’s government expects clean energy to yield business worth $160 billion in India in the next five years, based on the country’s power generation targets.

Aug 19, 2015

Adani in talks with Softbank, Foxconn on $3 billion solar plan – sources

NEW DELHI (Reuters) – Adani Group is in talks with Japan’s Softbank and Foxconn, maker of Apple’s iPhone, to secure investment in a $3 billion project to make solar cells and panels in the country, two sources with knowledge of the matter said.

Prime Minister Narendra Modi’s government expects clean energy to yield business worth $160 billion in India in the next five years, based on the country’s power generation targets.

Aug 19, 2015

Exclusive – India’s Adani in talks with Softbank, Foxconn on $3 billion solar plan: sources

NEW DELHI (Reuters) – India’s Adani Group is in talks with Japan’s Softbank and Foxconn, maker of Apple’s iPhone, to secure investment in a $3 billion (1.9 billion pounds) project to make solar cells and panels in the country, two sources with knowledge of the matter said.

Prime Minister Narendra Modi’s government expects clean energy to yield business worth $160 billion in India in the next five years, based on the country’s power generation targets.

Aug 19, 2015

India’s Adani in talks with Softbank, Foxconn on $3 bln solar plan -sources

NEW DELHI, Aug 19 (Reuters) – India’s Adani Group is in
talks with Japan’s Softbank and Foxconn,
maker of Apple’s iPhone, to secure investment in a $3 billion
project to make solar cells and panels in the country, two
sources with knowledge of the matter said.

Prime Minister Narendra Modi’s government expects clean
energy to yield business worth $160 billion in India in the next
five years, based on the country’s power generation targets.

Aug 13, 2015

JSW Steel, Kalyani Steels look at price cuts after China’s yuan devaluation

NEW DELHI (Reuters) – JSW Steel Ltd and Kalyani Steels Ltd are considering cutting some steel product prices to preserve market share, worried Chinese exports will become even cheaper due to a weaker yuan, company executives told Reuters.

India – the world’s fourth-largest steel producer – turned net steel importer in the year to March 31 as an oversupplied China flooded it with cheap metal, mainly for construction.

Aug 13, 2015

India steelmakers look at price cuts after China’s yuan devaluation

NEW DELHI, Aug 13 (Reuters) – India’s JSW Steel Ltd
and Kalyani Steels Ltd are considering
cutting some steel product prices to preserve market share,
worried Chinese exports will become even cheaper due to a
weaker yuan, company executives told Reuters.

India – the world’s fourth-largest steel producer – turned
net steel importer in the year to March 31 as an oversupplied
China flooded it with cheap metal, mainly for construction.

Aug 10, 2015

Top iron ore exporter Goa resumes output after three years

NEW DELHI (Reuters) – India’s top iron ore exporting state of Goa resumed production on Monday after nearly three years and could hit its court-set annual limit of 20 million tonnes this fiscal year itself, its mines director told Reuters.

Vedanta Ltd (VDAN.NS: Quote, Profile, Research, Stock Buzz), India’s largest private miner, led the resumption with a ceremonial opening at its Codli mine, heralding the return of a once-big exporter just when iron ore prices are inching up after hitting a decade-low in July.

Aug 10, 2015

India’s top iron ore exporting state resumes output after 3 years

NEW DELHI, Aug 10 (Reuters) – India’s top iron ore exporting
state of Goa resumed production on Monday after nearly three
years and could hit its court-set annual limit of 20 million
tonnes this fiscal year itself, its mines director told Reuters.

Vedanta Ltd, India’s largest private miner, led
the resumption with a ceremonial opening at its Codli mine,
heralding the return of a once-big exporter just when iron ore
prices are inching up after hitting a decade-low in July.

Aug 7, 2015

Exclusive – NALCO seeks to set up $2.6 billion Iran aluminium complex

BHUBANESWAR/NEW DELHI (Reuters) – India’s National Aluminium Co Ltd (NALCO) wants to set up an aluminium smelter and an associated power plant in Iran worth as much as $2.6 billion, its boss said, once sanctions against the country start to be lifted.

Tapan Kumar Chand will meet with India’s foreign ministry officials and the ambassador of Iran in New Delhi next week to take things forward, he said in his first interview since being appointed as the chairman-cum-managing director of NALCO last week.

    • About Krishna

      "I lead the India commodities team for Reuters in New Delhi. I cover the coal, metals and mining industries with a focus on government policy. Before coming to the capital in April 2013, I headed two teams of reporters covering small-and-medium-sized U.S./Canada-listed energy and resources companies."
      Joined Reuters:
      August, 2009
      Languages:
      Assamese
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