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Neyvelli Lignite

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Tough legal fight awaits Birla group in coal allocation scam trial

Trial court summons Kumar Mangalam Birla as accused in the allocation of Talabira II coal block to Hindalco by the UPA govt The trial court’s order to summon former prime minister, Manmohan......

Hindalco yet to get any coal, even 8 years later

Hindalco will have to buy coal from other sources at a very high cost for its Rs 17,000-crore (Rs 170 billion) aluminium project in Odisha, as its Talabira mine is yet to receive Stage-II......

R-Infra wants IB to probe to cartel

Anil Ambani-led Reliance Infra has sought an Intelligence Bureau probe into alleged hammering of 23 infrastructure stocks by a "powerful stock market operator" for personal gains of hundreds of......

Ambani dispute hurt gas auction: DGH

Upstream oil and gas regulator DGH on Monday attributed the poor interest in auction of exploration blocks to the Ambani brothers' gas dispute. "The (gas) utilisation policy and the pricing are......

India's Budget may not have divestment roadmap

The Budget for 2009-10 may not have a detailed roadmap for disinvestment in the public sector units even though President Pratibha Patil has emphasised on listing of PSUs. "Yes, he (the finance......

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