"The FT's proposed story is based on the DRI's General Alert Circular /2016/CI dated March 30, 2016. ... It also deliberately ignores the fact that coal procurement in India on a longterm ...
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Jun 23, 2023. Around percent of the sponge iron produced in India in 2022 was under coal based process route. This was due to numerous coal based units present in the mineral rich states. The ...
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"The FT's proposed story is based on the DRI's General Alert Circular /2016/CI dated 30 March 2016. ... It also deliberately ignores the fact that coal procurement in India on a longterm ...
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Indian energy minister Piyush Goyal told Economic and Political Weekly that the DRI was "investigating cases related to misdeclaration of value (over invoicing) of coal imported from Indonesia...
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The DRI has been investigating 40 powergenerating companies and traders for the past couple of years. It has flagged prominent public and private sector companies that are suspected to be inflating the import value of coal beyond that prevailing in the international market. According to the DRI alert, "the objective is to siphon off money ...
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Allegations revolve around overinvoicing of coal imports and global conspiracy; ... The FT's story was said to be based on a General Alert Circular /2016/CI dated March 30, 2016, issued by the Directorate of Revenue Intelligence (DRI). The Adani Group pointed out that the circular mentioned as many as 40 importers, including Adani Group ...
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The current upturn in coking coal and coke prices alongside firming scrap may be improving the prospects for DRI steel mills accessing lowerpriced gas on longterm contracts. ... has been more resilient than the Platts China export rebar to iron ore and coking coal spread. The regional indicator DRI has performed better than for Turkey rebar ...
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"The FT's proposed story is based on the DRI's general alert circular.dated 30 March 2016," the company had said in that statement. It wasn't. The FT began its investigation on the premise that even though the DRI case had stumbled, there were reasons to believe that the group had not abandoned the practice of overinvoicing coal ...
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directorate of revenue intelligence dri is seeking to restart a probe into adani group for alleged overvaluation of coal imports and has asked supreme court to allow them to collect evidence from singapore reuters reported dri has been trying since 2016 to procure transaction documents from singapore adani group has reportedly repeatedly ...
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DRI: Division des Relations Internationales * DRI: Death Row Inmate * DRI: Directorate of Revenue Intelligence * DRI: Daily Reference Intake Fda * DRI: Demand Reduction Initiative * DRI: Detailed Report of Investigation * DRI: Disability Rights Initiative * DRI: Danish Road Institute * DRI: Direct Reading Instrument * DRI: Direction de la ...
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In book: Encyclopedia of Iron, Steel, and Their Alloys ( ) Chapter: i) Direct Reduced Iron: Production; Publisher: CRC Press, Taylor and Francis Group, New York.
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DRI (containing 9094% total iron) is an excellent feed stock for electric furnaces used by mini steel plants, allowing them to use lower grades of scrap for the rest of
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DRI: Development of Regional Impact: DRI: Detection, Recognition, and Identification (Surveillance, Reconnaissance and Intelligence Systems) DRI: Division des Relations Internationales (French: International Relations Division) DRI: Disaster Recovery Institute (Canada) DRI: Data Ready Indicator: DRI: Danish Road Institute (Denmark) DRI: Defense ...
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Two years ago, i n March 2016, the DRI had issued a general alert to its field formations across the country, outlining the modus operandi of overinvoicing of coal imports from Indonesia.
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The use of direct reduced iron (DRI) as a substitute for premium scraps in electric arc furnace (EAF) steelmaking has increased in popularity because DRI does not have tramp elements, has a uniform density and shape, as well as higher yield and purity of carbon, affords convenience of charging, and has lower cost of raw materials.[1,2,3,4,5,6,7] Unfortunately, however, commercially available ...
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Adani News Live: The Supreme Court disposed of the petition filed by the Directorate of Revenue Intelligence (DRI) challenging orders issued last year by the Customs, Excise Service Tax Appellate Tribunal (CESTAT), quashing cases pertaining to overinvoicing allegations leveled by the DRI against three Adani group subsidiaries. The US shortseller Hindenburg Research had mentioned the DRI ...
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The DRI probe against all these companies began after the agency issued a general alert to its field formations across India in March 2016, outlining the modus operandi of overinvoicing of coal imports from Indonesia. DRI alleged that money was being "siphoned" outside the country and the electricitygenerating firms were availing of ...
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SCCL coal linkage: Date Of prebid conference:, at 11 am for CEMENT CPP Sub sectors at venue: Hotel Golkonda, Masab Tank, Hyderabad. For Coal India Limited. CIL: Login detail for Preauction consumer conference for CPP subsector under 'Auction of coal linkages for nonregulated sector TrancheV'.
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The DRI has monitored the details of coal imports of these companies till 31 March 2016, information accessed by the authors suggests. Web of Scams. This revelation comes weeks after the DRI secured the first arrest of an accused person who was allegedly involved in overinvoicing of coal imported from Indonesia.
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DRI went in for an appeal but the Supreme Court this year dismissed its petition. Adani Group in the statement said the DRI's show cause notice alleging overvaluation in the import of coal was ...
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The FT's brazen agenda is exposed by the fact that they have singled out the Adani Group, while the DRI's Circular, the raison d'être for the whole story, mentions as many as 40 importers...
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A bench headed by Chief Justice Bobde issued notices to Adani Enterprises on the appeal filed by DRI in the DRI had initiated investigations in March 2016 against a few Adani group ...
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DRI: This iron production process directly reduces iron ore in solidstate with the reaction temperature below the melting point of iron. Reducing gases are produced from natural gas (gasbased DRI) or coal (coalbased DRI) called syngas, a mixture of H 2 and CO. Although DRI production is more energy efficient than pig iron production from BF ...
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C Unnikrishnan Apr 8, 2016, 06:09 IST. MUMBAI: The Directorate of Revenue Intelligence (DRI) has issued a nationwide alert to its offices and customs formations to scrutinise coal imports for over ...
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It is noteworthy that, in the case of Knowledge Infrastructure, one of the 40 importers mentioned in the General Alert Circular, the DRI's Show Cause Notice alleging overvaluation in the...
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The Supreme Court (SC) Monday dismissed petition filed by the Directorate of Revenue Intelligence (DRI) challenging orders issued last year by the Customs, Excise Service Tax Appellate Tribunal (CESTAT), quashing cases pertaining to overinvoicing allegations levelled by the DRI against three Adani group subsidiaries. Between November 2022 and January 2023, the federal agency had moved the ...
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While Indonesian coal was shipped directly from Indonesian ports to India, the DRI's 2016 alert said, suppliers' invoices were "routed through one or more intermediaries based in Singapore, Dubai, Hong Kong, British Islands (UK) etc for the purpose of artificially inflating its value."
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It said the proposed story by the publication is based on the DRI's General Alert Circular dated March 30, 2016. However, the publication has "singled out the Adani Group, while the DRI's circular mentions as many as 40 importers including the Adani Group companies," the statement said.
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The DRI is probing at least 40 companies, including two companies of the Adani Group, two Essar Group firms and a few public sector power firms, for alleged overvaluation of coal imports from Indonesia pegged at Rs 29,000 crore. ... According to a showcause notice issued by DRI to Reliance Infrastructure and Rosa Power in August 2016, the two ...
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DRI claims much of the coal was imported through Adani's Singapore subsidiary. ... 2016 and forwarded to the competent authority in Singapore was challenged by the Adani group before the Bombay ...
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DRI. Direct Rendering Infrastructure. Computing » General Computing and more... Rate it: DRI. Dynamic Range Increase. Academic Science » Electronics. Rate it: DRI.
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The company said it has been vindicated by the DRI's decision this year to withdraw an appeal to the Supreme Court in a case against one of the 40 importers named in 2016.
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News PTI feed DRI unearths coal import scam. DRI unearths coal import scam. Advertisement. PTI ...
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The DRI found as many as 40 companies were engaged in importing of Coal from Indonesia to Indian power plants. 90% of the coal is imported from Indonesia, while about 5% is imported from Australia. Adani Group of companies import around 70% and the second importer Anil Ambani's Reliance Group imports around 5%.
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يرغب أحد موردي المواد من بلجيكا في إنتاج مسحوق الحجر الجيري لملابسه...
الهند غنية بالموارد المعدنية المختلفة وهي سوق مهم لمعالجة المعادن
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