New Delhi: The CBI will be questioning former coal secretary HC Gupta on Thursday in connection with the coal block allocation scam. CNN-IBN has learnt that the investigative body will interrogate Gupta about why allocations were rendered to ineligible companies.
Gupta is also expected to explain on how he failed to check the incorrect information from various applicants. CBI has so far questioned two PMO officials in connection with the coal allocations.
HC Gupta was Chairman of Screening Committee and was Secretary Coal between 2006-09.
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10:55 PM, Jun 19, 2013
New Delhi: CBI has registered a fresh case in connection with its coal blocks allocation probe against a Delhi-based steel company and carried out searches at its premises in the National Capital Region. CBI sources said a case has been lodged against Rathi Steel and Power Limited, its Director Udit Rathi and unknown others for alleged cheating and misrepresentation of facts while applying for a coal block. The sources said...
04:08 PM, Jun 19, 2013
New Delhi: CBI may record statement of Prime Minister Manmohan Singh's advisor TKA Nair in the coal block allocation scam though the agency denied any such move officially. The agency, meanwhile, summoned as accused former Coal Secretary HC Gupta and quizzed two former officials in the Prime Minister's Office(PMO). CBI sources said on Tuesday the agency may call Nair to record his statement as witness in connection with the alleged...
03:50 AM, Jun 19, 2013
Mumbai: Reliance Industries on Tuesday toppled state-run oil major ONGC to become the country's second most valued firm after TCS. Shares of ONGC on Tuesday fell by 1.47 per cent, bringing its market valuation down to Rs 2,63,466 crore, which was lower than RIL's m-cap of Rs 2,66,548 crore at close. Reliance Industries dropped by 0.18 per cent on BSE. IT major TCS holds the top slot with a market...
03:24 AM, Jun 19, 2013
New Delhi: The Central Bureau of Investigation (CBI) on Tuesday recorded statements of two officials of the Prime Minister's Office as part of its probe into the coal scam. The CBI sought clarification from Vini Mahajan and Ashish Gupta regarding the allocation of the coal blocks, sources said. The probe agency also summoned former coal secretary HC Gupta as an accused in the scam. Gupta will be questioned on June...
04:57 PM, Jun 18, 2013
I like many good things, this too started with a movie. It was an unsettling one though; a documentary that had created as much buzz as a Hollywood blockbuster. But unlike commercial flicks, 'An Inconvenient Truth' had forced many viewers to pause and think. It moved me, a software professional in Silicon Valley, and it turned out to be my "How can I make a difference?" moment. I began my...
11:46 AM, Jun 18, 2013
New Delhi: Jindal coal companies received coal blocks despite rejection by the Power Ministry, probe details of the coal block allocation scam accessed by CNN-IBN have revealed. The probe reveals how Jindal companies did not meet the criteria set by the Power Ministry and yet managed to receive coal blocks. The revelations came when CNN-IBN accessed details of the Central Bureau of Investigation's (CBI) probe against Congress MP Naveen Jindal...
06:50 PM, Jun 12, 2013
New Delhi: The Central Bureau of Investigation (CBI) has finally got the permission to quiz former coal secretary HC Gupta in connection with the coal blocks allocations case. The CBI had on Tuesday said that despite numerous requests, it was not being allowed by the government to question the bureaucrat. Gupta was the coal secretary and the head of a screening committee from 2006-2009. The panel allocated mining rights to...
04:29 PM, Jun 12, 2013
Hisar: BJP workers were lathicharged by the police on Wednesday while they were protesting outside Congress MP Naveen Jindal's residence. Jindal is an elected MP from the Kurukshetra constituency in Haryana. The protests come two days the Central Bureau of Investigation (CBI) has filed a case against the industrialist and former Minister of State for coal Dasari N Rao in the allocation of coal blocks in Jharkhand. On Tuesday, the...
03:32 PM, Jun 12, 2013
Bhubaneswar: BJP on Tuesday alleged that BJD's remarks against Narendra Modi was allegedly because of a deal with Congress to escape possible CBI action in the state in the coal scam. "Naveen Patnaik is reported to have stated that Modi is not acceptable at the national level...his statement is obviously because of a deal between BJD and Congress," BJP Odisha unit general secretary and spokesman Suresh Pujary alleged at a...
12:32 AM, Jun 12, 2013
Hyderabad: The CBI on Tuesday carried out searches at the residence of former Minister of State for Coal Dasari Narayana Rao on Jubilee Hills Road here and three other places after he was accused of alleged cheating and graft by the central agency in its fresh FIR in the coal scam. CBI officials from Delhi reached the residence of Rao around 9 am and continued the searches till 3.30 pm,...
11:24 PM, Jun 11, 2013
The investigations into the multi-crore coal scam just got uncomfortably closer to the government with the CBI today registering its 12th FIR in the case against sitting MP Naveen Jindal and former MoS Coal Dasari Narayan Rao. ...
09:32 PM, Jun 11, 2013
A day after he sent shock waves within the BJP, party stalwart LK Advani is now back in the party fold after a RSS-brokered truce agreement. ...
09:18 PM, Jun 11, 2013
New Delhi: Amid CBI booking Congress MP Naveen Jindal and former Minister of State for Coal Dasari Narayan Rao in a fresh FIR in coal scam, Coal Minister Sriprakash Jaiswal on Tuesday said that strict action would be initiated against all those found guilty of wrongdoings. "We have forwarded to CBI all complaints between 1993 and 2009. CBI is taking action....Strict action would be initiated against all those who have...
08:48 PM, Jun 11, 2013
New Delhi: The Central Bureau of Investigation (CBI) has now said that it wants to question former coal secretary HC Gupta in connection with the coal blocks allocations scam. Gupta was the coal secretary from 2006 to 2009 when Prime Minister Manmohan Singh was the Coal Minister. He was also the chairman of a screening panel that received applications from coal companies. According to CBI sources, Gupta, as the screening...
07:31 PM, Jun 11, 2013
Mumbai: Shares of Jindal Steel and Power Ltd on Tuesday crashed over 24 per cent in morning trade, as Naveen Jindal and the company were named as accused in the fresh FIR filed by CBI in connection with the coal allocation scam. Following the news, shares of JSPL went into tailspin and plunged 24.3 per cent to Rs 202 - its 52-week low on the BSE. At the NSE, the...
01:59 PM, Jun 11, 2013
New Delhi: The BJP hit out at the UPA government after the CBI registered an FIR against Congress MP Naveen Jindal and former union minister of state for coal Dasari Narayan Rao in the coal blocks allocation scam. BJP spokesperson Prakash Javadekar accused the Congress of looting the country. "Naveen Jindal and Dasari Narayan's name has come up in the coalgate scam. It has proved how the Congress is looting...
01:11 PM, Jun 11, 2013
New Delhi: The Central Bureau of Investigation (CBI) has filed an FIR against the Jindal Group in the coal scam. The FIR names Congress MP Naveen Jindal and former Minister of State for Coal Dasari Narayan Rao. The FIR has accused Jindal and his company Jindal Power and Steel Ltd of misrepresentation of networth and concealing previous allotment. They are also charged with cheating and forgery. Jindal Power and Steel...
10:34 AM, Jun 11, 2013
Kolkata: International Coal Ventures Ltd(ICVL), a consortium of leading steel and mining PSUs, has shortlisted four to five coking coal assets abroad for acquisition and could strike deals soon. "At least four to five good assets have been shortlisted. Countries are Australia, US and Mozambique," SAIL chairman CS Verma, who also heads ICVL, said in Kolkata on Saturday. Asked whether any of them would mature this year, Verma said: "There...
06:01 AM, Jun 09, 2013
New Delhi: Dismissing BJP's demand for the resignation of Prime Minister Manmohan Singh over the Coalgate scam, Congress on Saturday reminded the Opposition party of its electoral defeat in Karnataka amid corruption charges against ministers of the previous state government. "There is no question of resignation. What will happen for them with the resignation of the PM? What will they (BJP) gain from the resignation? After all, they are not...
07:35 PM, Jun 08, 2013
