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MUMBAI: Benchmark equity indices Sensex and Nifty closed higher in a volatile session on Wednesday, driven by a rally in metal stocks and optimism related to the GST Council meeting. After oscillating between highs and lows, the 30-share BSE Sensex jumped 409.83 points or 0.51 per cent to settle at 80,567.71. During the day, the benchmark hit a high of 80,671.28 and a low of 80,004.60, gyrating 666.68 points. The 50-share NSE Nifty climbed 135.45 points or 0.55 per cent to 24,715.05. The GST ...Read More >
New Delhi, Jul 9 (PTI) Metal stocks ended lower on Wednesday amid concerns after US President Donald Trump unveiled sweeping new measures, including a 50 per cent tariff on copper. Shares of Hindustan Copper dropped 3.76 per cent, Bhagyanagar India declined 3.03 per cent and ND Metal Industries slipped 2.15 per cent on the BSE. The stock of Hindustan Zinc declined 2.56 per cent, Hindalco lost 1.92 per cent, National Aluminium Company went lower by 1.90 per cent, Tata Steel dipped 1.82 per cent ...Read More >
Malanjkhand (Madhya Pradesh): Sanjiv Kumar Singh, Chairman and Managing Director of Hindustan Copper Limited (HCL), has said that HCL is working to ramp up its production from 4 million tonnes to around 12 million tonnes in the coming 6 years. Mentioning Prime Minister Narendra Modi's vision of 'Viksit Bharat 2047', he asserted that copper plays a very crucial role in all industries, including the automobile. In an exclusive interview with ETV Bharat, Singh said, "Copper plays a very important ...Read More >
Malnjkhand/Balaghat (Madhya Pradesh) [India], July 5 (ANI): In a significant development for India's mining sector, Hindustan Copper Limited (HCL) has successfully transitioned its flagship Malanjkhand mine from open-cast to fully underground operations. The announcement was made during a site visit on Saturday, where HCL Chairman and Managing Director Sanjiv Kumar Singh laid out the company's ambitious roadmap for copper production.'For the year 2024-25, our entire production from Malanjkhand ...Read More >
Hyderabad: Union Minister for Coal and Mines G. Kishan Reddy on Friday released the Copper Vision Document and the Aluminium Vision Document at the international conference here on sustainable and responsible mining through best mine closure practices, organised by the Indian National Committee of the World Mining Congress. Reddy emphasised copper's vital contribution to India's energy transition, infrastructure growth, and green technologies such as electric vehicles and solar power. He stated ...Read More >
New Delhi, Jul 1 (PTI) State-owned CIL on Tuesday said it has signed an MoU with Hindustan Copper to work together in the critical mineral sector. The two companies executed the non-binding Memorandum of Understanding (MoU) on Monday to collaborate across various aspects in the copper and critical minerals sectors, CIL said in a BSE filing. Earlier, CIL and IREL (India) Ltd had signed a non-binding MoU to cooperate and collaborate on the development of critical minerals. The MoU aims to promot ...Read More >
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