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RIL had objected to the state government's decision to receive bids in sealed envelopes instead of an open auction.
De-allocation could raise import bill by $3 billion, add to coal shortage.
Govt went against its own recommendation of Jun 20, 2007, where along with the 2 Jindal companies, it wanted 40% coal block to go to Lanco.
Jindal Steel and Balco emerged as the top bidders.
Housing sector to benefit from Budget.
The Central Bureau of Investigation has questioned T K A Nair, advisor to Prime Minister Manmohan Singh, in connection with alleged irregularities in allocation of coal blocks, which included granting of a block to Hindalco at Talabira despite it being rejected by a screening committee of the coal ministry.
In the broader market, the BSE Midcap was down 0.2%, while BSE Smallcap fell 0.1%.
The broader NSE Nifty too fell below the 10,100 level by dropping 100.10 points to end at 10,094.25
Out of 30 Sensex shares, 19 ended lower while 11 gained
BAOA says the recent downgrade of India by the America's FAA was triggered primarily by a shortage of qualified staff for conducting safety and airworthiness inspections of aircraft.
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Railway Board Chairman Arunendra Kumar said the discussions at the day-long meet involved an overview of five models of participative policy, framework of engineering, procurement and construction contracts and sectoral guidelines for foreign and domestic investment.
Out of the 192 mining leases of iron and manganese ores in Odisha, 94 do not have environment clearance.
Santosh Kamath, partner (infrastructure and government services), KPMG in India, expects an extension of a tax holiday for the sector.
The 30-share Sensex ended up 142 points at 29,462 and the 50-share Nifty gained 26 points to end at 8,895.
Jindal's house was raided by the CBI on Tuesday.
The BSE Sensex was down 326 points at 23,277 and the Nifty was down 107 points at 7,056.
Sensex is trading firm; FMCG, real estate going strong.
Coming down heavily on aviation safety violations, DGCA on Saturday grounded a business jet owned by Reliance Industries for carrying expired safety equipment on board and suspended its pilot for flying without a licence.
The Central Bureau of Investigation has found no criminality in the allocation of about 60 coal blocks, which are likely to be taken out of the purview of its ongoing probe after taking the Supreme Court's permission.
The CBI opposed the plea seeking summoning of former prime minister Manmohan Singh and two others as additional accused in a coal scam case.
Self-proclaimed heir of Rani Rashmoni, lottery baron join businessmen in the list of MP-aspirants with assets worth over Rs 100 cr, reports Abhineet Kumar.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The government is auctioning 42 coal mines among 204 coal blocks.
The government has so far closed bids for 13 blocks.
'A lot of people -- whether farmers, students or businessmen -- think when they take a loan, that everything will go well and they will pay back.' 'Sometimes, things don't go well.'
The broader markets ended firm with mid-caps and small-caps gaining nearly 0.5 per cent on the BSE.
In an urgent need for its image makeover, the scam-tainted coal sector will require mammoth efforts in 2015 from the government and the corporates too.
Broader markets broke the winning streak and ended lower, underperforming the benchmark indices
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The broader markets traded positively with mid-caps and small-caps rising 0.5 per cent each on the BSE.
CEOs fear any change in status of the mines will mean disruption in production, loss of investment and increased production cost for user industries.
India's $121 billion troubled debt pile, over $100 billion of which is on the books of state-owned banks, has come under close scrutiny from prosecutors, the media and politicians
Govt diverts Rs 253-crore subsidy savings to the poor.
Market breadth depicted gains with 1,476 advances over 1,403 declines on the BSE. 140 stocks remained unchanged.
Sensex rose 5.8% this year, against a 3.2% rise in Nifty; Axis Bank inclusion may blunt Sensex edge
India's steel imports from China, the world's biggest producer of the alloy, doubled in April-September from a year ago though the country has enough capacity to meet its demand.
The Indian rupee also trimmed most of its early gains and was trading at Rs 61.28 compared to its Wednesday's close of Rs 61.31 to the US dollar.
Indices reversed all its losses during late trades.
Select metal stocks rebounded while power stocks extended losses after SC verdict on coal block allocations.
Bank shares were the top gainer in early trades with Bank of Baroda up over 4%.
Sensex plunges 322.39 points to over 1-month closing low of 27,797.01; Nifty tumbles 97.55 points to 8,340.70.
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