COAL BLOCK

  • Finance Ministry proposes levy of tax on all government services Yesterday

    New Delhi: The Finance Ministry on Monday proposed the levy of service tax on all services provided by the government and an enabling provision has been proposed in the Finance Bill in this regard. Although the list of services which will incur the service tax has not been decided, telecom and...
  • Government gets 107 applications for allotment of 43 mines to PSUs Yesterday

    New Delhi: The Coal Ministry on Sunday received 107 applications from PSUs like NTPC, SAIL, DVC and NLC for allocation of 43 coal blocks to be given to state-run firms. "107 applications were received for 43 coal blocks for allocation to government entities," Coal Secretary Anil Swarup said in a tweet. The...
  • Punjab power utility applies for Pachwara coal block February 22, 2015

    Chandigarh: Punjab power utility PSPCL is looking to retain Pachwara central coal block for meeting fuel requirements for its thermal power plants and has applied for this coal block, which is one of the 53 reserved for state-run power utilities. "We have applied for Pachwara central coal block and we are...
  • Bullet News: Catch the day's top stories February 19, 2015

    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. ...
  • India @ 9 with Palki S Upadhyay February 19, 2015

    Catch the day's top stories with Palki S Upadhyay on India @ 9. ...
  • News 360: Bank note goof-up; currency printed using defective security thread February 19, 2015

    In a major security breach that could embarrass the previous Congress-United Progressive Alliance government, an internal enquiry report has revealed that certain security features were allegedly compromised during the printing of Indian currency, and the lapses were kept under wraps by senior officials working under Ministry of Finance. The incident...
  • CAG's stand vindicated on coal auction, says Nirmala Sitharaman February 19, 2015

    New Delhi: The ongoing auctioning of coal blocks has vindicated CAG's criticism of the way the natural resources was allocated by the previous government, Commerce and Industry Minister Nirmala Sitharaman said on Thursday. "Certainly the CAG's position has been vindicated but I am underlining the larger issue here...our position has...
  • Coal block auctions in India see aggressive bidding February 19, 2015

    New Delhi: Indian metal and cement companies have bid aggressively for coal blocks in the country's first auctions to sell mines as they look to cut imports and their dependence on inefficient government monopoly Coal India Ltd (COAL.NS). The auction follows a court cancellation of all previous licences and the initial...
  • Delhi government will bid for coal block to produce it's own electricity February 18, 2015

    New Delhi: The Delhi government on Wednesday decided to bid for coal blocks with an aim to set up new power plants and increase its own electricity generation from current 1,000 mega watts to 4,000 mega watts. Sources said Delhi government will write a letter to the Centre seeking its view...
  • 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...
  • Jindal Steel posts Q3 loss, hit by coal blocks levy February 4, 2015

    Mumbai: Jindal Steel and Power Ltd (JSPL) (JNSP.NS) reported a net loss in its fiscal third quarter, hurt by a charge related to the levy it paid the government for coal it dug out from mines that were cancelled by a court order in September. The company, which was the worst...
  • 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...
  • Venkaiah Naidu says BJP not involved in CBI questioning former PM Manmohan Singh in coal scam January 21, 2015

    New Delhi: It is a war of words between the Congress and the government after former prime minister Manmohan Singh was questioned by the Central Bureau of Investigation (CBI) in connection with the coal block allocation scam relating to Hindalco. BJP leader Venkaiah Naidu accused the Congress party of making...
  • Will notify allotment of 36 coal blocks today: Coal Secretary January 21, 2015

    The Coal Secretary said that notification will soon be issued for the allotment of cancelled coal blocks. Guideline, criteria and norms for allotment will be issued. ...
  • Former prime minister Manmohan Singh examined by CBI in coal block allocation scam January 20, 2015

    New Delhi: Former Prime Minister Manmohan Singh has been examined by CBI in the coal block allocation case relating to Hindalco but neither he nor the agency was willing to confirm it. He is the first former prime minister to have been interrogated in any case. Sources said Singh was questioned...
  • 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...
  • Government eyes Rs 1.47 lakh crore from 92 coal blocks December 22, 2014

    New Delhi: The government is targeting a revenue of Rs 1.47 lakh crore from the allotment and auction of 92 coal blocks out of those being given out in the first phase to private as well as public sector entities. The 92 coal blocks to be both alloted and auctioned have...
  • Coal scam: CBI searches private firm's offices in Jharkhand, Bengal December 21, 2014

    New Delhi: The Central Bureau of Investigation on Sunday carried out searches at five locations in Jharkhand and West Bengal after registering a fresh case in connection with alleged irregularities in the allocation of coal blocks. According to CBI sources, the case has been registered against Electrosteel Castings Limited and Electrosteel...
  • Government lines up heavy legislative agenda in Parliament this week December 7, 2014

    New Delhi: Unfazed by the stalemate over the Sadhvi Niranjan Jyoti issue, government has lined up a heavy legislative agenda in Parliament this week including a bill seeking to replace coal blocks allocation ordinance. The ordinance was brought in the wake of the Supreme Court decision cancelling 214 coal blocks in...
  • 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...
  • Jindal Steel shelves $10 billion project after coal setback November 24, 2014

    New Delhi: Jindal Steel and Power Ltd has shelved a $10 billion coal-to-diesel project, its chairman said, becoming the first big casualty of a Supreme Court decision to scrap coalfields allocated to private firms since 1993. Jindal Steel's 1.5 billion tonne coalfield in Odisha was among 214 cancelled by the Supreme...
  • 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...
  • 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...