Opinion

Goa iron ore mining ban credit neutral for domestic steel companies; negative for pure iron ore players : India set to lose Rs 4000 crore in exports
Sree Vijaykumar
Sree Vijaykumar
From the Editor's Desk

Goa iron ore mining ban credit neutral for domestic steel companies; negative for pure iron ore players : India set to lose Rs 4000 crore in exports
The apex court's decision to ban iron ore mining in Goa effective from March 15 is seen as credit neutral for Vedanta Ltd and steel companies, but will be credit negative for pure iron ore players operating out of Goa. Experts believe Vedanta will see some impact on its revenues in the short to the medium term as India will lose nearly Rs 4000 crore or $600 million in exports Read More

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