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SKS ISPAT
Special court sends SKS Ispat and Power Ltd director to 3 years imprisonment in coal block scam caseA special CBI court convicted SKS Ispat & Power Ltd and its director Deepak Gupta in a coal block allocation scam. Gupta received a three-y...- CBI conducts searches at 14 locations in connection with Rs 5717-cr fraud by SKS Power GenerationThe Central Bank of India (CBI) has registered an FIR into a bank fraud involving Chhattisgarh-based SKS Power Generation Ltd. The company,...
- Coal Scam: Delhi special court convicts former Steel Ministry official for corruptionA special court in Delhi has convicted Gautam Kumar Basak, formerly the Executive Secretary of the Union Ministry of Steel's Joint Plant Co...
- Bank fraud: ED attaches Maharashtra-based steel company's assets worth over Rs 517 croreThe Enforcement Directorate (ED) has attached assets worth over Rs 517 crore belonging to Maharashtra-based steel company SKS Ispat and Pow...
- Coal scam: High Court seeks Centre's response on SKS Ispat's pleaHC sought the Centre's response on a plea filed by SKS Ispat and Power Ltd challenging the government's decision to disqualify a company.
- SAIL takes aggressive steps to protect intellectual property rightsIt is rare for a state-run company in India to take measures as SAIL is doing now to fiercely defend its intellectual property rights.
- SAIL encashes bank guarantee of agent alleging brand misuseISO 9001:2008-certified CMO is India's largest steel marketing set-up with a presence across the country.
- CoalMin slaps show cause notices on 9 firmsThe coal ministry today slapped show cause notices on nine firms, including ACC Cement and Prakash Industries.
- Tata Capital moves HC against SKS Ispat’s demerger plan to recover dues of about Rs 50 croreTata Capital, a financial arm of Tata Group has filed a notice against SKS Ispat & Power in a bid to recover dues of about Rs 50 crore.
- Coal ministry to merge cases of 40 companies to save timeThe coal ministry will club legal cases of 40 companies related to cancellation of mining licences and penalties into a single case to save...
- Serve explanatory memos for slow progress of coal mines: Inter-Ministerial GroupThe Coal Ministry had earlier issued notices to allocatees of 30 captive coal blocks, including NTPC, GVK Power and Monnet Ispat.
- Deallocation letters dispatch begins todayThe coal ministry will start sending letters for deallocation of coal blocks from Monday, a top coal ministry official said.
- Coalgate: SKS Ispat & Power, Bhushan Steel move court against de-allocation of coal minesSKS Ispat & Power, linked to tourism minister Subodh Kant Sahai, and Bhushan Steel have challenged the de-allocation of their coal blocks i...
- Subodh Kant Sahai denies any link with coal block of SKS Ispat and PowerSubodh Kant Sahai has denied having any links to a coal block of SKS Ispat and Power that the government has decided to cancel.
- Coalgate: IMG recommends penalising JSPL, de-allocating one more blockAn official panel reviewing coal blocks has recommended penalising Jindal Steel & Power and Corporate Ispat for slow development of their c...
- Inter-ministerial group recommends de-allocation of two more coal blocksNine companies including one linked to kin of tourism minister Subodh Kant Sahai could face scrapping of coal mining licences, people close...
- Coalgate: BJP MP Hansraj Ahir asks PM to cancel allotments of 117 companiess who failed to mineAccording to Ahir, the government can seize the bank guarantees of these companies and cancel them.
- Subodh Kant Sahai attempts to clear name in coal block allocation scamEven as he denied any wrongdoing, Sahai did not refute he had written to the PM & that his brother was a director in SKS Ispat.
- SKS Ispat director Sudhir Sahai had attended coal screening panel meetTill now, the tourism minister has assiduously maintained that his family member were not the promoters of SKS Ispat and Power.
- Blackstone arm to invest Rs 1200 cr in SKS Ispat & PowerBlackstone's arm Sithe Capital is close to investing Rs 1200 crores in the power project of SKS Ispat & Power, sources said.
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