Chennai and India based IIT pass-out - Kannan Lakshminarayan, has developed a new cotton spinning technology, which has the power to transform the lives of millions of poor cotton farmers across India, by adding value to the cotton that they produce right at their doorsteps.
Brazil plans to sign over additional production rights to four fields that hold an estimated 10 billion to 14 billion barrels of oil directly to Petrobras, the National Energy Policy Council said on Tuesday, extending the state-run company's existing rights in the fields off the southeast coast.
Surging supplies of seaborne iron ore will trigger the closure of high-cost output in China, according to Michael Zhu, former global sales director at Vale SA, the world’s largest producer of the steel-making raw material.
With a new government in power in India following last month's elections, Chinese iron ore importers are waiting to see if any policy changes will be forthcoming that could lead to a hike in their imports.
Justice MB Shah Commission has indicted some of the top corporate houses in the country as well as a public sector company of gross illegalities in iron ore mining in the eastern Indian state of Odisha.