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Digging Deep

Digging Deep

In the early 1970s, the Government of India took over the management of coal mines in two tranches. The process kick-started with the nationalisation of coking coal mines in 1971-72, followed by non-coking coal mines the following year. With the enactment of the Coal Mines Act, 1973, all mines were nationalised.

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BHEL arm to foray into allied operations

BHEL arm to foray into allied operations

State-run power equipment maker Bharat Heavy Electricals (BHEL) plans to diversify the operation of ISG into allied areas of business like iron ore beneficiation, pellet plants, sinter plants and coal washeries. Industrial Systems Group (ISG), which is an arm of BHEL, posted a profit of Rs 161 crore in 2012-13, which is 7 per cent more than the previous year. The turnover is also