Many a firm has taken a hit as demand beat a hasty retreat ever since the international financial slump washed up at Indian shores in September 2008. The accompanying credit crunch meant that those with cash reserves can now go cherry-picking with a slew of firms available at a relatively lower valuation. For full story, [...]
India-based iron ore miner Sesa Goa decelared that it has acquired the mining assets of Dempo Group in the western state of Goa for $368 million to boost its output of iron ore. For full story, click here
Encouraged by a surge in demand for Indian iron ore from Chinese steel mills, NRI billionaire Anil Agarwal-led Sesa Goa expects a 30 percent volume growth by the end of this fiscal. For full story, click here
Dow Jones reported that Sesa Goa Ltd has expects iron ore prices to stabilize on improved demand from China after falling to rock bottom levels last year. Mr PK Mukherjee MD of Sesa Goa said: Spot market iron ore prices over the last couple of months have gone up by USD 10 per tonne to [...]
Steep drop in iron ore prices in the global market may dent Sesa Goa’s profitability. For full story, click here
Steep drop in iron ore prices in the global market may dent Sesa Goa’s profitability. For full story, click here
A sharp fall in iron ore prices in the global market may dent Sesa Goa ’s profitability this year. For full story, click here For company’s website, click here
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