Kudremukh Iron Ore Company
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Kudremukh Iron Ore Company
KIOCL Limited, formerly Kudremukh Iron Ore Company Limited is a central public sector undertaking under the ownership of Ministry of Steel, Government of India with its head office and administrative activities in Bangalore. It has a pelletisation plant in Mangalore and had an iron ore mine in Kudremukh (Chikkamagaluru district). It is under the ownership of Ministry of Steel , Government of India. The Kudremukh mine, one of the largest iron ore mines in the world, was closed in 2006. The captive mining took place at Kudremukh on the Western Ghats range. The mined ore was transported 110 km through slurry pipelines running through the districts of Udupi and Dakshina Kannada up to the pelletisation plant in Panambur, adjacent to the premises of the New Mangalore Port. The pellet plant with a capacity of 3.5 million tons per annum was commissioned at Mangalore in 1987. The plant was stopped in 2011 but in 2014 the plant resumed producing and exporting pellets, running on ...
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Ministry Of Steel
The Ministry of Steel is an executive branch agency of the Government of India that is responsible for formulating all policies regarding steel production, distribution and pricing in India. As of July 2021, the ministry is headed by a Secretary Rank IAS officer he is the administrative head of ministry and the political Heads are minister of cabinet rank, Jyotiraditya Scindia and is assisted by a Minister of State, Faggan Singh Kulaste. Functions of the ministry *Coordination of data from various sources for the growth of the iron and steel industry in India *Formulation of policies in respect of production, pricing, distribution, import and export of iron & steel and ferro alloys *Planning and development of and assistance to the entire iron and steel industry in the country *Development of the input industries relating to iron ore, manganese ore, refractories and others required by the steel industry Attached/subordinate offices and institutes * Joint Plant Committee ( ...
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Captive Service
Outsourcing is an agreement in which one company hires another company to be responsible for a planned or existing activity which otherwise is or could be carried out internally, i.e. in-house, and sometimes involves transferring employees and assets from one firm to another. The term ''outsourcing'', which came from the phrase ''outside resourcing'', originated no later than 1981. The concept, which ''The Economist'' says has "made its presence felt since the time of the Second World War", often involves the contracting of a business process (e.g., payroll processing, claims processing), operational, and/or non-core functions, such as manufacturing, facility management, call center/call center support. The practice of handing over control of public services to private enterprises (privatization), even if conducted on a limited, short-term basis, may also be described as outsourcing. Outsourcing includes both foreign and domestic contracting, and sometimes includes offshoring ( ...
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Companies Based In Mangalore
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Iron Ore Mining Companies Of India
Iron () is a chemical element with symbol Fe (from la, ferrum) and atomic number 26. It is a metal that belongs to the first transition series and group 8 of the periodic table. It is, by mass, the most common element on Earth, right in front of oxygen (32.1% and 30.1%, respectively), forming much of Earth's outer and inner core. It is the fourth most common element in the Earth's crust. In its metallic state, iron is rare in the Earth's crust, limited mainly to deposition by meteorites. Iron ores, by contrast, are among the most abundant in the Earth's crust, although extracting usable metal from them requires kilns or furnaces capable of reaching or higher, about higher than that required to smelt copper. Humans started to master that process in Eurasia during the 2nd millennium BCE and the use of iron tools and weapons began to displace copper alloys, in some regions, only around 1200 BCE. That event is considered the transition from the Bronze Age to the Iron Age. In th ...
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