Tata Steel aims to source half of its iron ore from captive mines after 2030, down from the current 100%—marking a change in strategy due to rising auction prices. The company is also working on ...

A worker stands on a wagon of a coal train as it transfers coal to a power plant. Reuters NEW DELHI -- In what could mitigate the likely inflationary impact of India’s upcoming coal-field auctions, ...

The centre is planning to take the auction route for awarding captive coal blocks to private sector. This will end the current process of selecting captive users without any specific financial ...

The government will auction three captive coal blocks to companies engaged in production of steel, cement and sponge iron after obtaining necessary clearances and detailed exploration of the blocks by ...