NALCO

  • Vedanta Aluminium aims to triple capacity by 2015 October 21, 2013

    New Delhi/Bhubaneswar: Vedanta Aluminium will triple its capacity by 2015 to 2.3 million tonnes to cater for an expected surge in demand in India, its managing director said, even though its inability to source enough alumina at home has forced it to import the raw material. The company, a unit of...
  • India @ 9 with Bhupendra Chaubey October 18, 2013

    Catch the day's top stories with Bhupendra Chaubey on India @ 9. ...
  • News 360: India hunts for treasure in Unnao, PIL seeks SC monitoring October 18, 2013

    Even as the Archaeological Survey of India (ASI) started the excavation work at the Unnao fort of former king Raja Ram Bux Singh on Friday to search for 1,000 tonnes of gold reportedly buried under it, a PIL has been filed in the Supreme Court asking the court to monitor...
  • Coalgate: Murthy slams FIR, says Birla is a respected man October 18, 2013

    New Delhi: Following the CBI FIR which accused Aditya Birla Group Chairman Kumar Mangalam Birla in the coal block scam, Infosys chief NR Narayana Murthy has come down strongly on the investigating agency saying that such moves could damage India's reputation among foreign investors. "Kumar Mangalam is one of the most...
  • Coalgate: PM asks Anand Sharma, Chidambaram to reach out to India Inc October 18, 2013

    New Delhi: In the wake of criticism being leveled against the government by the corporates for having an unfavourable atmosphere for business in India, Prime Minister Manmohan Singh has asked Commerce Minister Anand Sharma and Finance Minister P Chidambaram to reach out to India Inc. The government has been in damage...
  • Coalgate: Kumar Mangalam Birla to meet Finance Minister on Friday evening October 18, 2013

    New Delhi: Aditya Birla Chairman Kumar Mangalam Birla is likely to meet Finance Minister P Chidambaram over a CBI inquiry in the coal block allocation case. The proposed meeting comes after CBI named Birla in its 14th FIR pertaining to the coal blocks allocation scam. The government has been in damage...
  • Fail to understand why meeting Birla is seen as a conspiracy: Parakh October 17, 2013

    New Delhi: Former Coal Secretary PC Parakh in a point by point rebuttal of the FIR filed by the Central Bureau of Investigation said that no undue favours were meted out to Aditya Birla Group Chairman Kumar Mangalam Birla and allotment of the coal mines to Hindalco were done by...
  • Hindalco allotted coal mines after PC Parakh met KM Birla: CBI FIR October 17, 2013

    New Delhi: Details of the 14th FIR in the coal blocks allocation scam which names former coal secretary PC Parakh and Aditya Birla Group Chairman Kumar Mangalam Birla reveals that the former changed the decision of the screening panel committee that was held in 2005 after a personal meeting with...
  • Coalgate: CBI says it's following rules as ministers, India Inc raise concerns October 17, 2013

    New Delhi: Amidst concerns raised by some UPA ministers, India Incorporate and bureaucrats over FIRs against corporates in the coal scam, Central Bureau of Investigation Director Ranjit Sinha has said that the agency is only following the Supreme Court's guidelines. "It's not our concern what other agencies said about the former...
  • Coalgate: India Inc, ministers upset as CBI names corporates in FIR October 17, 2013

    New Delhi: Several of the country's top businessmen are upset after Aditya Birla Group Chairman Kumar Mangalam Birla, HINDALCO and NALCO were named by the CBI in the coal scam FIR. They say it is becoming impossible to do business in India. "Hindalco owns only 15 per cent of that company....
  • Is CBI selectively targeting corporates and bureaucrats to protect the PM? October 16, 2013

    The Central Bureau of Investigation has named Aditya Birla Group Chairman Kumar Mangalam Birla in its 14th FIR in the case. FIRs have been filed against Kumar Mangalam Birla, NALCO, HINDALCO and former secretary coal PC Parakh. Cases of cheating, forgery and financial misrepresentation have been filed. However, former coal...
  • Coalgate: Govt worries about fallout of chargesheet, speaks to corporates October 16, 2013

    New Delhi: As the CBI has named corporate giants in it's chargesheet in the coal block allocations scam, the government is worried about its fallout. The sources have told CNNIBN that Prime Minister Manmohan Singh has asked Commerce and Industry Minister Anand Sharma to reassure the corporates. Anand has spoken to...
  • Coalgate: CBI names Kumar Mangalam Birla, NALCO, HINDALCO in fresh FIR October 15, 2013

    New Delhi: In another high profile chargesheet in the coal scam, the Central Bureau of Investigation has named Aditya Birla Group Chairman Kumar Mangalam Birla in its 14th FIR in the case. FIRs have been filed against Kumar Mangalam Birla, NALCO, HINDALCO and former secretary coal PC Parakh. Cases of...
  • Mines Ministry suspends NALCO CMD February 26, 2011

    New Delhi: National Aluminium Company Ltd (NALCO) ChairmancumManaging Director AK Srivastava, who was caught allegedly taking bribe and is in CBI custody now, has been suspended by the government. The mines ministry suspended Srivastava based on CBI charges, a top official said. BL Bagra, Director (Finance), has been given the additional...
  • NALCO CMD sent to CBI custody till March 3 February 26, 2011

    New Delhi: National Aluminium Company Ltd (NALCO) ChairmancumManaging Director AK Srivastava, his wife Chandni along with their two accomplices Bhushan Lal Bajaj and his wife Anita Bajaj have been sent to Central Bureau of Investigation custody till March 3 in a bribery case. They were arrested by the CBI on...
  • Arrested NALCO chief faces hearing today February 26, 2011

    New Delhi: AK Srivastava, the chairmancummanaging director (CMD) of National Aluminium Company Ltd (NALCO), and his wife who were arrested by the CBI for allegedly accepting bribe will be produced before a special court on Saturday. The Central Bureau of Investigation (CBI) arrested Srivastava, his wife Chandni Srivastava, along with two...
  • NALCO CMD arrested by CBI for taking bribe February 25, 2011

    Bhubaneshwar: National Aluminium Company Ltd (NALCO) Chairman cum Managing Director AK Srivastava has been arrested by the Central Bureau of Investigation (CBI) for taking bribe. The CBI arrested Srivastava, his wife Chandni Srivastava along with two accomplices. The two accomplices have been identified as BL Bajaj and his wife Anita Bajaj....
  • Four Naxals killed, Nalco mine siege ends April 13, 2009

    Bhubaneshwar: Security forces have driven out Naxals, who attacked NALCO's bauxite mine in Orissa, on Monday morning after a ninehour long gunbattle. Central Industrial Police Force (CISF) personnel and the Special Operations Group were sent to the site after more than 200 Naxalites stormed Panchpatmali mine at Damonjodi in Koraput district...
  • Maoists attack CISF camp in Orissa April 12, 2009

    Bhubaneswar: Maoist rebels mounted an attack on a Central Industrial Security Force (CISF) camp near a Nalcorun mine in Orissa's Koraput district on Sunday night, police said. "The rebels surrounded the CISF camp at Panchpatmali Hill at about 9.15 pm. An exchange of fire between CISF personnel and the rebels is...