COAL SCAM

  • Coal scam: CBI files revised closure report in KM Birla case 3 days ago

    New Delhi: The CBI on Tuesday filed a "detailed and comprehensive" revised final closure report before a special court in a coal block allocation scam case involving top industrialist Kumar Mangalam Birla, former coal secretary PC Parakh and others. The agency filed the report before Special CBI Judge Bharat Parashar and...
  • Coalgate: CBI registers case against Jindal Steel & Power 5 days ago

    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...
  • Bullet News: Catch the day's top stories 6 days ago

    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. ...
  • News 360: Supreme Court grants bail to Jayalalithaa 6 days ago

    The Supreme Court has granted bail to former Tamil Nadu chief minister J Jayalalithaa's and has suspended her sentence. This was the last chance for Jayalalithaa to get a bail before Diwali as the apex court will go on leave for a week after Friday. ...
  • India@9 with Anubha Bhonsle 6 days ago

    Catch the day's top stories with Anubha Bhonsle on India @ 9. ...
  • Coalgate: CBI likely to appeal against adverse comments of Special Judge October 16, 2014

    New Delhi: CBI will soon move an appeal against the order of a Special Judge wherein he rejected the closure report filed by the agency against a company in coal scam case and made some adverse remarks against the agency officials probing the case. Highly placed sources in CBI said...
  • 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...
  • Coalgate: CBI files closure report, clean chit to government servants September 30, 2014

    New Delhi: CBI on Tuesday filed a revised closure report regarding the role of public servants in a coal blocks allocation scam case in which Navbharat Power Pvt Ltd and others were earlier chargesheeted as accused. CBI, in its revised supplementary report, told Special CBI Judge...
  • 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...
  • System has flexibility to deal with loans: Raghuram Rajan on Coalgate September 30, 2014

    Mumbai: Reserve Bank Governor Raghuram Rajan on Tuesday said 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 is putting...
  • 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...
  • SC cancels 214 coal block allocations, says government free to auction all after March 2015 September 24, 2014

    New Delhi: Almost a month after the country's top court declared 218 coal block allocations made between 1993 and 2009 as illegal and non-transparent, the apex court on Wednesday cancelled 214 allocations dealing a blow to the coal companies. The highlights of the judgement, that takes a critical view of the...
  • Quashing of 214 coal blocks 'first effective blow' to crony capitalism: JDU September 24, 2014

    New Delhi: JD(U) on Wednesday welcomed the Supreme Court's decision to quash the allocation of 214 of the 218 coal blocks allotted since 1993 and said it was the first effective blow to "crony capitalism". "I welcome it. This is the first effective blow to expanding crony capitalism. "After this order,...
  • Coal scam order is in line with the government's framework, says Ravi Shankar Prasad September 24, 2014

    In an interview to CNN-IBN, Law Minister Ravi Shankar Prasad commented on Supreme Court's decision on the coal scam. "The order is in line with government's framework. There is some closure, its a fresh beginning now," said Ravi Shankar Prasad. ...
  • Coal scam: SC cancels all coal block allocations except four September 24, 2014

    New Delhi: The Supreme Court on Wednesday cancelled 214 coal block allocations between 1993 and 2008 except for four, which are government-run non-joint ventures. The coal blocks exempted include Sasan, UMPP, NTPC and SAIL. The court said that the allocations are arbitrary and that there were no basis for the allocations....
  • CBI probe in coal scam case bereft of basic nuances: Court September 18, 2014

    New Delhi: Observing that the CBI probe into a coal block allocation case was "bereft of basic nuances of investigation", a special court today ordered further probe in an FIR in which the agency had filed a closure report against Kolkatabased Vikash Metals and Power Ltd and its officials. The court...
  • I wrote to Manmohan Singh warning him over 2G allocations, claims Congress's Kamal Nath September 12, 2014

    New Delhi: In a statement that could send ripples across the Congress, senior party leader and former parliamentary affairs minister Kamal Nath has claimed that he had warned former prime minister Manmohan Singh over 2G allocations. "I did write a letter to the PM warning him of the allocations in...
  • Manmohan Singh isn't answerable, says Congress as exCAG blames him of inaction during scams September 12, 2014

    New Delhi: The allegations of former Comptroller and Auditor General of India Vinod Rai has brought former prime minister Manmohan Singh back in the dock. In his yet to be released book "Not Just an Accountant", Rai has accused the former PM of taking no corrective measures to avert loss...
  • Vinod Rai lashes out at Manmohan; says Congress leaders brought pressure September 11, 2014

    New Delhi: Former CAG Vinod Rai has come out with a stinging criticism of former Prime Minister Manmohan Singh saying integrity is not just financial but intellectual and professional too and claimed that Congress leaders had sought to apply pressure on him to keen the PM's name out of audit...
  • Will cancellation of coal blocks adversely affect power sector? September 9, 2014

    The Centre has favoured cancellation of 218 coal block allocations which were declared illegal by the Supreme Court last month. It has also suggested takeover of the 46 productionready blocks by the public sector unit Coal India Limited. Meanwhile, the apex court has reserved its decision on the matter. ...
  • Centre favours cancellation of 218 coal blocks, SC reserves its verdict September 9, 2014

    The Centre has favoured cancellation of 218 coal block allocations which were declared illegal by the Supreme Court last month. It has also suggested takeover of the 46 productionready blocks by the public sector unit Coal India Limited. Meanwhile, the apex court has reserved its decision on the matter. ...
  • Coal scam: Court dismisses AMR Iron and Steel Pvt Ltd's plea September 9, 2014

    New Delhi: A special court has dismissed a plea of Nagpurbased AMR Iron and Steel Pvt Ltd, which along with Rajya Sabha MP Vijay Darda and others is chargesheeted in a coal blocks allocation scam case, seeking copy of statement of accused recorded by the CBI during its probe. ...
  • Coal scam: Court seeks clarification from CBI on closure report September 9, 2014

    New Delhi: Posing searching questions to CBI on its closure report, a special court on Tuesday asked the agency to clarify as to what evidence "it could not collect" during probe to substantiate its findings recorded in FIR in a coal blocks allocation case against Kamal Sponge Steel and Power...
  • SC reserves its verdict on cancellation of 218 coal blocks declared as illegal September 9, 2014

    New Delhi: The Supreme Court on Tuesday reserved its verdict on cancellation of 218 coal blocks which were declared as illegal by it. The apex court has concluded the hearing on coal block allocations and would give the verdict later. The Centre has said that it favours the cancellation of coal...
  • SC terming coal block allocation illegal a wake up call: Piyush Goyal September 9, 2014

    New Delhi: The coal block allocation held illegal and arbitrary by the Supreme Court was a 'wake up call' for the government to bring in greater transparency in the system, Power and Coal Minister Piyush Goyal said on Tuesday. "It's a wake up call for all of us, Supreme Court...
  • Government favours cancellation of coal blocks declared 'illegal' by SC September 9, 2014

    New Delhi: The Centre has said that it favours the cancellation of coal blocks allocations which were declared as illegal by the Supreme Court. In sum and substance, cancellation of coal block allocation is a natural consequence, the Centre told the Supreme Court. The Centre has told the court that the...
  • CBI chief Ranjit Sinha accused of shielding coal scam accused, SC issues notice to him September 9, 2014

    New Delhi: In a major blow to India's premier investigation agency, the Central Bureau of Investigation (CBI), the Supreme Court on Tuesday issued a notice to its Director Ranjit Sinha on a plea seeking his removal from the post and a Special Investigative Team (SIT) probe against him for allegedly...
  • Coal scam: CAG cuts gain figure from over Rs 10 lakh crore to Rs 1.85 lakh crore September 8, 2014

    New Delhi: The Comptroller and Auditor General has in its final report drastically reduced the alleged windfall gain figure from the coal blocks allocation scam. The massive figure now stands at Rs 1,85,591 crore as it saw a dramatic reduction of 80 per cent in the final report. The CAG said this...
  • SC verdict on coal block cancellation will lead to shortterm disruption of power: Piyush Goyal September 8, 2014

    New Delhi: While the Supreme Court hearing on the 218 illegally allocated coal blocks is to be delivered on September 9, Power Minister Piyush Goyal told CNNIBN that even if the apex court decides to cancel coal blocks, it would only lead to a shortterm disruption of power. He added...
  • After 2G case, Prashant Bhushan files another plea against CBI director Ranjit Sinha in coal scam September 4, 2014

    New Delhi: Supreme Court advocate Prashant Bhushan on Thursday filed a plea seeking CBI director Ranjit Sinha's removal from overseeing the coal scam case. Bhushan alleged that Sinha met an accused in the coal scam regularly. Bhushan had earlier filed a plea with the Supreme Court to keep Sinha away from...