COAL

  • Corporate espionage case: Police recover Cabinet Secretariat note from leak suspect Yesterday

    New Delhi: Delhi Police has recovered a Cabinet Secretariat note from the custody of Lokesh Sharma, one of the arrested persons in the corporate espionage case. Police sources said it will be decided on the basis of this note whether violation of Official Secrets Act should also be added to...
  • 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 2 days ago

    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...
  • Jan Dhan Yojana, transparent coal auction, Swachh Bharat major achievements of NDA government: Arun Jaitley 3 days ago

    New Delhi: While presenting the first full-fledged Union Budget of the Narendra Modi government, Finance Minister Arun Jaitley listed three major achievements of his government. Backing his Prime Minister's pet projects, Jaitley listed Jan Dhan Yojana and Swachh Bharat along with transparent auction of coal blocks as the major achievements. Under...
  • Government to bring Coal, Citizenship Bills in Lok Sabha 6 days ago

    New Delhi: After introducing the controversial Land Acquisition Bill, Government looks set to bring the Coal and Citizenship Bills in Lok Sabha that will replace the ordinances brought by it in this regard earlier. Sources said government has taken a decision to bring the new Insurance Bill in Lok Sabha next...
  • More raids being conducted in corporate espionage scandal case 1 week ago

    New Delhi: The Delhi Police is conducting more raids at the premises of various private companies allegedly involved in the case. It is conducting raids at the Coal and Power ministries to uncover more evidence. The police have uncovered a crucial link in the investigation after it arrested an energy consultant...
  • Coal auction to raise Rs1.47 lakh crore boost jobs: Vedanta Chief February 23, 2015

    New Delhi: Coal block auctions will fetch a whopping Rs 1.47 lakh crore and boost job creation, mining baron Anil Agarwal, who heads Vedanta Resources, said on Monday. "Coal auction will earn Rs 1.47 lakh crore and boost jobs: Mining...
  • Corporate espionage case: Police record 2nd FIR, raids coal, power ministry offices February 23, 2015

    New Delhi: Tightening the noose in the corporate espionage case, an energy consultant Lokesh has been arrested for allegedly leaking information from the Coal and Power Ministry. The consultant will be produced in court on Monday. Lokesh used to work with an energy consultant firm called Infraline based out of...
  • 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...
  • Coal auction to yield nearly Rs 1 lakh crore to states February 20, 2015

    New Delhi: Respective states will get nearly Rs l lakh crore, including royalty, over the next 30 years from 16 coal blocks sold so far through the ongoing auction, a top government official said on Friday. Besides, reverse auction for the power sector will result in benefits to the tune of...
  • UPA caused losses worth crores of rupees in coal: Prakash Javadekar February 20, 2015

    Bhopal: Stating that Rs 80,000 crore has been raked in through auctioning of 14 coal blocks, Union Environment Minister Prakash Javadekar on Friday said the previous UPA government had caused losses worth crores of rupees. "...the government has auctioned just 14 and earned a revenue of Rs 80,000 crore. The...
  • 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...
  • Coalscam: CBI files CVC's reference in special court February 19, 2015

    New Delhi: CBI on Thursday filed in a special court a copy of the reference made by Central Vigilance Commission (CVC) on the basis of which a case was lodged against Prakash Industries Ltd and others in a coal blocks allocation scam. The investigating officer (IO) placed on record the...
  • 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...
  • CBI completes probe in coal scam case allegedly involving Hindalco February 19, 2015

    New Delhi: Central Bureau of Investigation (CBI) on Thursday filed its final probe report in a coal block allocation case allegedly involving former Coal Secretary PC Parakh, Hindalco and others before the special court which will consider it on March 11. Senior public prosecutor VK Sharma told the court that...
  • 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...
  • Coalgate scam: CBI to file special leave petition in Supreme Court against Delhi HC order February 17, 2015

    New Delhi: CBI is ready to file an appeal against a Delhi High Court order quashing charges framed against Prakash Industries Ltd (PIL) and its director in a coal blocks allocation scam case, with the Law Ministry giving it the go ahead to do so. Senior public prosecutor VK Sharma...
  • 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...
  • December infrastructure output grows at three-month low of 2.4 per cent February 2, 2015

    New Delhi: India's annual infrastructure output growth slowed to a three-month low of 2.4 per cent in December, mainly dragged down by a sharp slowdown in electricity, coal and cement production, government data showed on Monday. The output had expanded 6.7 per cent year-on-year in November. The infrastructure sector, which comprises coal,...
  • Centre approves plan to make Delhi free of petrol, diesel generators, says Piyush Goyal February 1, 2015

    New Delhi: Power, Coal and New and Renewable Energy Minister Piyush Goyal said on Sunday that the Centre has approved a plan to make Delhi diesel and petrol generator-free. Talking to the media, he said, "We want to make Delhi free of diesel generators and inverters through short-term and long-term...
  • Coal India Limited mega share sale sails through; government to get Rs 22600 crore January 30, 2015

    New Delhi: In the biggest ever disinvestment exercise, the government's 10 per cent stake sale in Coal India on Friday got over subscribed by 1.05 times and fetched about Rs 22,600 crore although retail investors did not bid so aggressively. This is also the biggest ever share sale by any private...
  • Coal India divestment on Friday; Government eyes Rs 22,600 crore January 29, 2015

    New Delhi/Kolkata: In the biggest ever share sale, government will offer Coal India shares at a floor price of Rs 358 apiece on Friday for divestment of up to 10 per cent stake in the state-run behemoth for an estimated Rs 22,600 crore, even as trade unions warned of strike...
  • Bullet News: Catch the day's top stories January 21, 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. ...
  • News 360: Kiran Bedi lauds RSS, says the outfit kept India together January 21, 2015

    Bharatiya Janata Party's chief ministerial candidate for Delhi Kiran Bedi on Wednesday lavished praise on the party's parent organisation the RSS calling it a "very nationalist" organisation. ...