IMFA

Days after Pakistan's Army Chief General Qamar Bajwa requested Washington for help in securing an early disbursement of funds from the IMF, he is likely to visit US

While the company has had no major capital expenditure for the current fiscal, for FY23, it plans to set up a 100,000 tonne plant at Kaliganagar, capex for which is about Rs 550 crore

The ferro chrome producer's revenues rose 7.48 per cent from Rs 412.53 crore to Rs 445.93 crore

Indonesia won the case against India Metal Ferro and Alloys Ltd after nearly four years of court battles.

The Odisha government has shut down two chromite mines of India Metals and Ferroalloys, a leading ferroalloys producer of the country, on the ground of non-compliance of pollution control norms.Incidentally, IMFA is promoted by the family of Biju Janata Dal (BJD) MP, Baijayant Panda, who has fallen out of favour with chief minister Naveen Patnaik following his recent tweets and newspaper article criticising functioning of the party and calling for retrospection after lacklustre performance of BJD in the recent panchayat election in the state. Soon after Panda, who is also the vice-chairman of the company, went public about the ills afflicting the party, the Odisha Sate Pollution Control Board (OSPCB) had slapped notices on two mines of IMFA at Kaliapani in Sukinda valley for violation of pollution control norms.While the consent to operate (CTO) granted to the mines by OSPCB was set to expire in March, 2021, the sudden move to revoke it, based on an inspection of the pollution ...

The company produced 50,592 tonne of ferro chrome, 63% higher than 30,904 tonne in the October-December period of last fiscal