Korba News

Industry

Indian Railways and Chhattisgarh govt JV to build Rs10,000 crore rail corridors

Chhattisgarh government and the Indian Railways will build two fully electrified rail corridorsthe Katghora-Dongargarh and Kharsia-Naya Raipur to cater to the coal and cement belts of Korba and Raigarh

1 min read6 Nov 2017
Companies

Vedanta retrenches nearly 4,000 jobs in India since January

Of the around 4,000 job loss, about 2,700 are direct and the rest are indirect

1 min read23 Sep 2015
Companies

Balco initiates shut down of aluminium rolling business in Chhattisgarh

The move is expected to result in 1,000 people losing jobs

2 min read14 Sep 2015
Companies

Adani’s deal with Avantha for Korba may fall through

Differences have cropped up between the two companies over the valuation of the power plant

3 min read8 Sep 2015
Companies

All four units of Vedanta’s aluminium business slip into operational losses

Abhijit Pati, CEO of Vedanta Aluminium, said there are chances that the firm's operating profit will slip into the red this quarter

3 min read22 Aug 2015
Market

Adani Power: adding capacities may make fund-raising inevitable

The Udupi and Korba deals will cost Adani Power Rs10,200 crore, audacious considering the headwind the company and the sector are facing

2 min read25 Nov 2014
Companies

Adani Power to buy Avantha’s Korba project for Rs4,200 crore

Avantha Power says it has signed an agreement to sell its entire stake in Korba West Power Co. Ltd to Adani Power

4 min read25 Nov 2014
Politics

Coal throbs at the heart of India’s growth engine

Coal throbs at the heart of India’s growth engine

4 min read7 Dec 2009
Politics

Death toll in Balco plant mishap climbs to 40

Death toll in Balco plant mishap climbs to 40

1 min read26 Sep 2009
Politics

Central Electricity Authority to seek report from Balco

Central Electricity Authority to seek report from Balco

2 min read25 Sep 2009
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