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ALLOCATION OF COAL BLOCKS
Court summons Naveen Jindal, ex-coal secretary in Gare Palma coal block caseA Delhi court has summoned industrialist Naveen Jindal and former coal secretary P C Parekh. This follows a CBI chargesheet alleging irregu...
India poised for critical mineral breakthrough within a year, says Minister G Kishan ReddyIndia is poised for major advancements in critical minerals in the coming year. A unified government strategy is accelerating resource secu...
SC junks plea against green nod for Adani MP projectThe Supreme Court has dismissed a petition challenging forest land diversion for an Adani group coal mining project in Singrauli, Madhya Pr...
CBI faces court's ire over filing report in improper formatEarlier too, the court had pulled up the CBI for delay in filing the report, saying it was affecting the progress of trial.
Government's pro-active approach regarding coal allocation a positive indicator: Mythili Bhusnurmath'The fact that it is going to be done in this financial year and that there is a fair amount of interest are all very positive signs.'
101 captive coal blocks identified for allotmentBlocks can together reduce India’s dependence on imported coal in the next one year, the official said. The country imported 130 mn tonne o...
Government will have to act fast on coal block allocation case: Mehraboon Irani"What happened yesterday could be a catalyst for a correction which we are seeing. Nervousness should continue for at least a month."
Wait for clarity on coal block allocation before trading: Mitesh Thacker"Unless something changes in the next one or two days, and until September 1, we might not break 7825-7835 for the next three-four days."
JSPL may be spared complete de-allocation of coal blocks: Deven Choksey, KR Choksey Securities"They may probably go for the revised policy which may be an auction route in which the company may end up paying a little higher price."
Government to ask companies to return de-allocated coal blocks for auctionTo restart coal block auction,government will coax companies to return de-allocated coal mines;out of 61 coal blocks,8 have been returned.
- Coalgate: CBI likely to register cases against two companies
CBI has found prima-facie evidence against two companies which may have benefited from coal block allocation in 1993-2004.
A look at some interesting patterns in coal block allocationsCrunching the numbers of the 245 companies awarded coal blocks between July 2004 and 2009 throws up some interesting patterns. ET traces fo...
- Auction of 54 coal blocks not possible this year: Sriprakash Jaiswal
The statement came in the context of a CAG report estimating a gain of Rs 1.86 L cr to private firms in allocation of 57 coal blocks.
CAG report on coal block : Can give satisfactory answers, says PMThe CAG report tabled in Parliament stated that there has been an estimated loss of Rs 1.86 lakh crore due to coal block allocation without...
CAG calculations faulty, coal blocks allocation transparent: Sri Prakash Jaiswal, Coal MinisterAddressing the media Jaiswal emphasised that no better policy could have been adopted for the allocation of coal blocks.
- CVC calls for CBI probe into misuse of coal blocks
CVC has recommended a Central Bureau of Investigation probe into the misuse of coal blocks allocated to some companies, government sources ...
States agree on draft terms on coal block allocation to PSUsState governments have agreed with the Centre on draft terms and conditions for allocation of coal blocks to public sector companies, sourc...