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NALCO may revisit Iran smelter plan

NALCO may revisit Iran smelter plan

India has asked state-controlled National Aluminium Co Ltd (Nalco) to re-think its overseas expansion plans including a proposal to set up a $2 billion smelter unit in Iran

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Slow progress of auctioned blocks worries ministry

Slow progress of auctioned blocks worries ministry

The Union Mines Ministry has expressed displeasure over the unimpressive progress of mineral blocks auctioned by states, reports the Business Standard. Post auctions, little has been done to secure clearances to enable commencement of mining from such blocks.