An NDRF team is deployed to rescue miners allegedly trapped in an abandoned coal mine in Dhanbad, Jharkhand, but operations are delayed as the exact location remains unidentified. Officials claim no signs of an incident have been found, while local residents and politicians allege a mine collapse during illegal mining activities.
The Securities Appellate Tribunal (SAT) has stayed the ban imposed by the Securities and Exchange Board of India (Sebi) on Samir Jain, vice-chairman and managing director of Bennett, Coleman & Co (BCCL), his wife Meera Jain, and six others. BCCL owns news media organisations The Times of India, and The Economic Times. Last month, the regulator had refrained Jain from accessing the securities market for allegedly violating minimum public shareholding (MPS) norms in PNB Finance and Industries (PNBFIL) and Camac Commercial Company (CCIL), which are listed on the Calcutta Stock Exchange.
The officials said that families of the illegal miners are yet to report to the authorities, fearing police action.
After extricating five bodies from an abandoned coal mine in Jharkhand's Dhanbad district, government authorities and the Eastern Coalfields limited Wednesday called off the rescue operation, while locals and leaders of political parties claimed more people were still trapped under the debris.
One person was killed and three were feared dead after a mishap at an underground mine at BCCL's Basantimata colliery in Dhanbad district.
SAT observed that complaints were filed six years ago against 16 listed entities, including the registered intermediaries, but were disposed of by the regulator without settling the case.
Amid the low stock position at the electricity generating plants, state-owned CIL has asked its subsidiaries to refrain from conducting any further e-auction of coal, except special forward e-auction for the power sector, till the situation stabilises. The development assumes significance as the supply of coal is being prioritised to the power sector to replenish the dwindling stock in the wake of reports of an electricity crisis looming large. "In view of the current low stock position at the powerhouse end, supply of coal is being prioritised to the power sector to replenish the dwindling stock...coal companies are advised to refrain from conducting of any further e-auctions of coal with the exception of special forward e-auction for the power sector, till the situation stabilises," Coal India said in a recent letter to its arms, including Eastern Coalfields Ltd (ECL), Bharat Coking Coal Ltd (BCCL), Central Coalfields Ltd (CCL).
India's largest diversified media conglomerate Bennett, Coleman and Co Ltd (BCCL), popularly known as the Times Group, has joined the race to pick up a majority stake in the two sports channels of Nimbus Communications.
These three blocks figure in the 'Schedule I' list of those coal mines, which are being auctioned afresh
The STAR India-Bennet, Coleman & Company (BCCL) combine, Subhash Chandra's Essel Group and TV 18's HomeShopping 18 are among those who will air home shopping channels in the next couple of months.
The tie-up or the business co-operation agreement will straddle three important areas - advertising sales, distribution and printing facilities.
Fifty-three people were feared trapped inside a Bharat Coke and Coal Limited mine at Bhat-Dhi near Dhanbad due to water-logging after an explosion inside the mine.
For Facebook CEO Mark Zuckerberg, who visited the country for the first time in October, India might be one of his "priority markets".
The six are English dailies the Hindustan Times, The Hindu and The Telegraph; their sister publications The Hindustan and The Hindu Tamil; and Ananda Bazar Patrika.
Chinese mobile brands are deeply entrenched in the Indian market. A move to bar them may send a bold diplomatic message. But its cost for the local industry is anybody's guess. In the event that Chinese brands face curbs, two handset makers - Samsung and Apple - squarely stand to gain.
While some states like Kerala and Telangana were badly hit by the strike, the impact was partial in Punjab, Haryana and Maharashtra
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