Spot-Fixing Scandal
Scandal engulfs Indian cricket; web of players, bookies faces scrutiny
Cricket, the "gentleman's game", has been hit by a series of gambling-related scandals in international matches in recent years. But S.Sreesanth's case is the first time allegations of "fixing" in the IPL are being heard in a court of law, despite a huge, illegal betting industry that has grown up around the tournament. Full Article
REUTERS SHOWCASE
 |
Deflated expectations
Breakingviews columnists discuss the implications of inflation being in decline globally. Video
Revenge of Markets
For months, markets have been dancing to central bankers' tune, but that may now be changing, writes James Saft. Full Article
Buy, Sell or Hold?
Confused while buying stocks? Get buy, sell or hold recommendations from VantageTrade. Full Coverage
Reuters India Mobile
Get the latest news on the go. Visit Reuters India on your mobile device. Full Coverage
NALCO halts operations at bauxite mine - exec
BHUBANESWAR |
BHUBANESWAR (Reuters) - State-run National Aluminium Co Ltd (NALCO)(NALU.NS) has suspended operations at its only bauxite mine in Odisha as its mining lease has expired, Ansuman Das, chairman and managing director said on Monday.
The disruption at Panchpatmali mine in the Koraput district of Odisha, which has a deposit of more than 310 million tonnes of bauxite, is expected to have no immediate impact on its alumina refinery, as NALCO will apply for a temporary permit to resume mining, Das said.
"We have taken up with the government and expect to resume operations by the month end," Das told Reuters.
"For the next three weeks Nalco will stick to its commitments both in terms of sending alumina to the smelter and to meet all its export commitments," Das added.
NALCO, India's third largest aluminium producer, had applied nearly two years ago for the renewal of the lease which expired on November 16.
(Reporting by Jatindra Dash; Editing by G.Ram Mohan)
- Tweet this
- Link this
- Share this
- Digg this
- Reprints
Follow Reuters