ALLOCATION

  • Budget 2015: Spectrum allocation should be made more transparent, says Videocon Telecom CEO February 20, 2015

    One of the foremost recommendations to the Hon'bl Finance Minister will be to make true greater airways availability through spectrum sharing and trading that will help in optimum utilisation of this most scarce and sought after resource 'spectrum'. Spectrum allocation should be made more transparent and focused resources should be...
  • Court halts auction of two coal mines previously held by Jindal Steel February 12, 2015

    Mumbai: A court on Wednesday asked the government to halt the auction of two coal mines attached to a Jindal Steel and Power Ltd (JNSP.NS) steel plant, a move that could prompt more companies to go to court and potentially derail plans to auction more than a hundred coal blocks...
  • Delhi HC relief for JSPL, 3 coal blocks taken off auction February 11, 2015

    New Delhi: In a relief for Jindal Steel and Power Ltd (JSPL) and its promoter Naveen Jindal, Delhi High Court on Wednesday directed a technical committee to review its own decision to change the end-use of two coal blocks earlier alloted to the company and removing the mines from the...
  • Coalgate: CBI files progress report on further probe February 4, 2015

    New Delhi: CBI on Wednesday filed in a special court a progress report of its ongoing investigation in a coal blocks allocation case in which it has chargesheeted Nagpur-based Grace Industries Ltd (GIL) and one of its directors. The investigating officer (IO) said the matter regarding the alleged roles of...
  • Coal scam: Manmohan Singh defends decision to allocate blocks to Hindalco January 21, 2015

    New Delhi: Former Prime Minister Manmohan Singh has defended his decision to allocate coal blocks to Hindalco and said it was approved after due deliberations. According to details of the CBI examination of Singh in the coal block allocation scam case accessed by CNN-IBN, the former prime minister is learnt to...
  • Coal allocations: SC notice to Gujarat government on failure to provide information to CBI January 12, 2015

    New Delhi: Supreme Court on Monday sought an explanation from Gujarat Government for its alleged failure to provide requisite information relating to two coal block allocations to the CBI for its probe into coalgate scam. "Despite our order, no response has been received by the CBI and no documents have...
  • Cabinet approves ordinances for coal auction, insurance reforms December 24, 2014

    New Delhi: After failing to pass the Insurance Bill as a result of repeated disruptions in the Winter session of Parliament, the government has cleared an ordinance to raise the cap of Foreign Direct Investment (FDI) in the Insurance sector. The Union Cabinet has also cleared the ordinance for implementation...
  • Apply value criteria universally to all 42 coal blocks: Panel November 28, 2014

    New Delhi: The pattern adopted to determine the value of 42 operational mines, which were recently deallocated by the Supreme Court, should be universally applied to all the blocks, a panel has said. It was decided at the recent meeting of the panel to seek experts from the office of the...
  • Coal scam: CBI files case diary in sealed cover November 27, 2014

    New Delhi: CBI on Thursday filed the case diary and crime files in a sealed cover in a coal blocks allocation case related to Hindalco before a special court, complying with its order. The court has now fixed the matter for consideration of CBI's closure report filed in the case for...
  • Why wasn't Manmohan Singh questioned in Hindalco coal block allocation case: Court asks CBI November 25, 2014

    New Delhi: Questioning the Central Bureau of Investigation (CBI) over its handling of the Hindalco coal block allocation case, a special court on Tuesday asked the central agency that why wasn't former prime minister Manmohan Singh questioned in the case. "Shouldn't the Prime Minister and coal minister have been questioned in...
  • India @ 9 with Palki S Upadhyay November 19, 2014

    Catch the day's top stories with Palki S Upadhyay on India @ 9. ...
  • News 360: Night operation starts at Rampal's ashram in Hisar, death toll stands at 6 November 19, 2014

    Violence escalated in Hisar on Wednesday when several cars were set on fire near the self-styled godman Rampal's ashram. The local police is yet to identify the accused persons. Six people have lost their lives so far in clashes between the supporters of self-styled godman Rampal and the Haryana Police...
  • Government prepares draft guidelines on coal block allocation, first auction on Feb 15 November 19, 2014

    New Delhi: The Coal ministry has prepared draft guidelines on coal block allocations with the first phase of auction bidding for the coal blocks to take place on February 11, 2015. "There has to be specified end use for blocks to be allocated and a cap on the number of blocks...
  • Final hearing of Singur land allocation case in SC today November 19, 2014

    New Delhi: The Supreme Court will on Wednesday hold the final hearing in the case related to the land allocated for the Nano plant. Tata Motors had moved the Supreme Court seeking an order to restrain the West Bengal government from taking back and distributing land to farmers earlier allocated...
  • Centre to examine Odisha government's push to reallocate coal blocks November 10, 2014

    Bhubaneswar: The Centre on Monday assured the Odisha government to consider its proposal of re-allocating coal blocks earlier given to some state-owned public sector undertakings and IPPs which made substantial progress in their projects. "I am informed that the state government has submitted such proposals...
  • Jaitley asks CAG not to sensationalise its work to get into headlines October 30, 2014

    New Delhi: Finance Minister Arun Jaitley on Wednesday asked the CAG not to sensationalise its findings to get into headlines. "Auditor should be conscious of the fact that he is reviewing a decision that has already been taken. Have the fair procedures been followed? He doesn't have to sensationalise. He...
  • Coal block case: CBI wants summons for two on corruption charges October 28, 2014

    New Delhi: The CBI on Tuesday moved a special court for issuing summons against two government officials in the coal block allocation case against Kamal Sponge Steel and Power Ltd under corruption charges. Public Prosecutor VK Sharma moved a plea before Special Judge Bharat Parashar and sought the court's direction against...
  • Centre to issue ordinance to auction cancelled coal blocks, says 'UPA's mess will be cleaned up' October 20, 2014

    New Delhi: Weeks after the Supreme Court cancelled allocation of 214 coal blocks, the government on Monday moved to bring an Ordinance that will enable it to acquire the land of these mines along with plants for auction later. "India will bring in the Ordinance to help auction of coal blocks...
  • Coalgate: CBI registers case against Jindal Steel & Power October 19, 2014

    New Delhi: A case of alleged cheating and corruption has been registered by CBI against Jindal Steel and Power company relating to the probe into coal blocks allocated during 1993-2005 period. CBI spokesperson said on Sunday that it is the 36th FIR in connection with its probe in the coal...
  • Companies given 6 months to wind up, can't be stopped from mining coal: SC October 16, 2014

    New Delhi: The Supreme Court on Thursday refused to restrain coal companies, which were directed to wind up mining operations in six months after their coal block allocations were cancelled by it, from extracting coal during this period and selling it in the market. A bench headed by Chief Justice HL...
  • Coalgate: Closure report approved by Ranjit Sinha lacks logic, says Court October 15, 2014

    New Delhi: CBI Director Ranjit Sinha on Wednesday drew flak from a special court which said that the closure report approved by him in a coal block allocation scam lacked any legally sustainable "reasons or logic". The court, which ordered further probe in one of the case arising from coal...
  • DDA extends new housing scheme submission dateline to October 15 October 8, 2014

    New Delhi: After receiving an overwhelming response to its new housing scheme and due to intervening festive season, DDA has extended the last date of submission of application form to October 15, a senior official of the housing authority said on Wednesday. The 'DDA Housing Scheme 2014', offering over 25,000 flats...
  • NTPC to seek clarification from SC on 3 mines October 7, 2014

    Mumbai: National Thermal Power Corporation on Tuesday said that it would seek a clarification from the Supreme Court on its recent order that cancelled the allocation of three coal mines that belonged the state-owned firm. Of the 218 coal mines reviewed by the apex court,...
  • Government seeks AG's opinion on need for Ordinance on coal blocks October 6, 2014

    New Delhi: The Coal Ministry has sought the opinion of Attorney General on whether the government needs to bring out an Ordinance to deal with the issues arising from the Supreme Court decision to deallocate coal mines. The issues that need to be resolved by...
  • Coalgate: System has flexibility to deal with loans, says Raghuram Rajan September 30, 2014

    Mumbai: Reserve Bank Governor Raghuram Rajan on Tuesday said that there is already "fair amount of flexibility" in the system to deal with loans impacted by the Supreme Court order to de-allocate 214 coal blocks. "I will reiterate that whenever we have issues of flexibility coming up, the real issue...
  • SC order on coal block allocations: Banks to ask RBI for recasting loans September 29, 2014

    Mumbai: Acknowledging that the Supreme Court order on mass cancellation of coal block licences may impact banks' asset quality, a top Finance Ministry official on Monday said that the lenders will approach RBI for restructuring such assets. "Some impact may be there, and what exactly it will be is being...
  • SC verdict provides opportunity to initiate reforms September 25, 2014

    New Delhi: A day after Supreme Court scrapped the allocation of 214 out of 218 coal blocks since 1993, a city-based research and advocacy think-tank on Thursday said that the apex court's intervention provides an opportunity to initiate reforms in the entire mining sector. Centre for Science and Environment (CSE) said...
  • SC verdict on coal blocks: Mahagenco to seek Centre's intervention for linkage September 25, 2014

    Mumbai: A day after the Supreme Court cancelled allocation of 214 coal blocks, state power generator Mahagenco on Wednesday said that it will seek Centre's intervention to ensure coal linkage for its plants which are linked with some of these blocks. "Mahagenco is making efforts to assess and minimise the impact...
  • SC scraps coal allocations, firms likely to pay Rs 7,905 cr in penalty September 24, 2014

    New Delhi: Jindal Steel and Power Ltd, Hindalco and other companies whose coal mine allocations were scrapped by the Supreme Court on Wednesday are likely to pay about Rs 7,905 crore in penalty. The Supreme Court while cancelling 214 of 218 coal mine permits given to companies for their own...
  • Bullet News: Catch the day's top stories September 24, 2014

    Bullet News is CNN-IBN's non-stop prime time bulletin where we bring to you the day's top stories from around the world. Be it politics, sports, entertainment or business, catch it here, only in 30 minutes. ...