Laxity found in ensuring safety by SAIL at Bhilai plant: CAG reportThe report was done to assess the compliance to stipulated Act/ Rules/ Regulations and Standard Operating Practices (SOP) and whether socia...
10 Feb, 2021, 02.51 PM IST
6 power, coal PSUs granted Rs 175-crore special pay to staffers: CAGNLC India paid its employees a total Rs 26.83 crore, which included two special golden jubilee increments from January 2006. In 2009, it di...
18 Dec, 2019, 01.01 PM IST
CAG pulls up SAIL for huge coking coal import despite 3 captive minesState-run SAIL requires about 15 million tonne (MT) coking coal annually, of which 12-13 MT is imported, Comptroller and Auditor General (C...
19 Aug, 2018, 12.05 PM IST
SAIL's expansion programme planning, execution not efficient: CAGSAIL failed to implement MEP within planned timelines and the capacity expansion at SSP only could be completed by September 2010, it added.
12 Aug, 2015, 04.27 PM IST
CAG spots Rs 9,034-crore financial lapses by various PSUsCAG has pulled up public sector enterprises, including ONGC and the National Textiles Corporation, for non-compliance of procedures.
31 Jul, 2015, 01.42 AM IST
SAIL's exposure in International Coal Venture increased disproportionately to 49 per cent: CAGIn a report tabled in Rajya Sabha, the CAG said ICVL did not acquire any foreign coal assets in the first 5 years of its operations.
30 Jul, 2015, 10.52 PM IST
SAIL made Rs 320 cr irregular payment to employees: CAGCAG said SAIL introduced performance related pay (PRP) scheme for its executives, following the guidelines issued by the DPE.
08 Aug, 2013, 08.53 PM IST
NMDC suffers Rs 1,500-crore revenue loss during 2007-10: CAGIn a report , the CAG says that NMDC suffered a revenue loss of Rs 745.94 cr in 2006-07 for not increasing prices in line with global trend...
21 Dec, 2012, 04.00 AM IST
CAG pulls up steel PSUs RINL and SAIL for Rs 312-crore lossCAG has pulled up steel makers RINL and SAIL for deviating from set practice for product sales and making unsound business investment leadi...
04 Sep, 2012, 05.53 PM IST
- We would not be negative on the CAG report at the moment: Tarang Bhanushali, IIFL
In an interview with ET Now, Tarang Bhanushali, Metal Analyst, IIFL speaks about the effect of CAG report and floods in Australia on metal ...
26 Mar, 2012, 12.26 PM IST
- CAG report: Delhi govt adopts wait and watch policy to respond in CWG probe
Sources said the government is adopting a "wait and watch" policy in dealing with the situation as any strong reaction against the constitu...
06 Aug, 2011, 10.05 PM IST
- SAIL achieves substantial success on environment front: Verma
SAIL today said it has achieved 'substantial' success on the environment protection front through concerted efforts during the last six yea...
08 Apr, 2011, 09.34 PM IST
- SAIL, RINL emit more CO2 than rivals while producing steel
State-owned SAIL and RINL have emitted more carbon dioxide while producing steel than their global peers and domestic rival Tata Steel.
27 Mar, 2011, 11.45 AM IST
- Invest properly in assets: CAG to ONGC Videsh
In a performance audit report on ONGC Videsh Ltd, the CAG stressed need to prepare guidelines on formation of joint ventures
25 Mar, 2011, 06.03 AM IST
- PSU directors' selections to be simpler, time-bound
The government is making the procedure of the appointment of independent directors in PSUs simpler and time-bound.
13 Dec, 2010, 06.26 AM IST
- IOC, BHEL, SAIL do not have required independent directors:CAG
As many as 17 listed PSUs, including blue chip entities like Indian Oil, BHEL and SAIL do not have the requisite number of independent dire...
10 Dec, 2010, 06.58 PM IST
- Government to decide on JPC: DMK
DMK today left it to the Government to decide whether or not to constitute a Joint Parliamentary Committee to probe the 2G spectrum allocat...
07 Dec, 2010, 12.11 PM IST