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Jindal Steel & Power Ltd will spend about $100 million over two to three years to develop a coal mine in Botswana that it is acquiring through its purchase of Canada’s CIC Energy Corp, a company official said on Wednesday. Jindal agreed to buy the Canadian company in July for $115 million in cash, mainly for its holding in Mmamabula coal field in Botswana with estimated reserves of 6 billion tonnes. “The basic premise of taking...

  • Posted on : Saturday , 19th July 2014
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An academician of Indian origin has been selected for a prestigious science award in South Africa for her contribution to the advancement of science and building the knowledge base. Sarojini Nadar has been named the winner of the Distinguished Young Women in Science Award, which was announced by Naledi Pandor, South African Minister of Science and Technology. “These awards go to young women scientists and researchers who have made an...

  • Posted on : Saturday , 19th July 2014
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