To avoid Balco-like situation, the government plans to take the market route to off-load 13 per cent of of the 29 per cent shares it holds in Hindustan Zinc Limited.
Jones also lost to the Bahamian in the Dutch town of Hengelo on Sunday.
The 100 metres record holder received a letter from the U.S. Anti-Doping Agency alleging doping violations.
The US Senate has decided to release documents detailing any drug use by American athletes.
Marion Jones's lawyer welcomed U.S. Justice Department's decision to hand over documents to a Senate committee of their investigation into the illegal sale and use of steroids among top athletes.
Union Divestment Minister Arun Shourie on Friday said the initial public offering to pare the government's stake in five companies - VSNL, Balco, IPCL, CMC and IBP would be done within the next six months.
The Delhi High Court on Thursday dismissed a petition challenging the government's decision to divest equity in the oil public sector units HPCL and BPCL as the findings of the Supreme Court relating to privatisation of Balco came in its way.
The three-time Olympic champion said there should be a public hearing instead of 'a secret kangaroo court' to determine if she's used performance-enhancing drugs.
The US Olympic sprint champion testified before a federal grand jury probing doping allegations against San Francisco area nutrition lab BALCO.
Prime Minister Manmohan Singh has asked administrative ministeries to work out viable plan for disinvestment of BHEL and Coal India, including dividend payment, so as to achieve Rs 40,000 crore (Rs 400 billion) target in the current fiscal.
Transparency is more than welcome, but govt should not look vindictive.
The government has garnered Rs 2 lakh crore by auctioning 33 blocks.
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According to media reports, CBI is looking into the entire process at the then NDA government and has asked for information from the mines ministry.
Though the NDA government had been trying to privatise 20 companies, a decision for which was taken in 2017, and included national carrier Air India, the investor community evinced little enthusiasm for any of them. Now, with an in-principle approval for privatisation of BPCL, CCI and SCI, the government has taken the plunge again.
Last week, the government had introduced a fresh round of austerity measures, including bans on first class travel, creation of new posts and holding meetings in five-star facilities.
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'Mining jobs get created in the most backward districts of India's poorest states,' says Anil Agarwal.
SC judges suspected a lack of objective criteria in the selection.
Almost all major metal and mining firms would be affected by the Supreme Court ruling canceling 214 coal blocks, but Naveen Jindal's JSPL and Aditya Birla Group's Hindalco would be among the worst hit, analysts said.
Officials say a fall in global oil prices will reduce the government's subsidy burden, giving it a greater chance of hitting its ambitious fiscal deficit target of 4.1 percent of gross domestic product in the fiscal year to March.
While the April-February deficit is pegged at 5.3 per cent of GDP, the final print may be a tad lower due to revenue push and expenditure cuts seen in March, the last month of 2013-14 fiscal year, it said.
Govt to issue ownership rights of 15 coal mines on Mar 23.
The Modi government's e-auction policy for coal, meant to shield the consumer against hike in electricity charges, has already led to serious allegations of cartelisation among the bidding corporates. Matters came to such a pass that the government at one point last week was considering inviting the Central Bureau of Investigation to probe the matter, reports Sheela Bhatt/Rediff.com.
CAG audit is likely to be completed in six months.
'National assets, created over the years through tax-payers's money, should not be handed over to business houses at throwaway prices.'
Going by the experience of the previous years -- when the actual proceeds from stake sale were much lower than the targets -- the government's disinvestment target for 2014-15 appears too ambitious.
The company shut down its 1-mtpa (million tonnes per annum) alumina refinery at Lanjigarh in Kalahandi district in the state on December 5 due to acute shortage of bauxite to feed its plant.
Industry asked the government to be 'brave and bold' and said that it will rise to the occasion.
The 30-share Sensex ended up 142 points at 29,462 and the 50-share Nifty gained 26 points to end at 8,895.
A tightrope walk ahead, especially as govt's fiscal deficit has already reached 99% of full-year estimates
Despite crude comfort, heavy spending cuts needed to offset Rs 80k-cr revenue shortfall
Victor Conte, the man at the centre of what was the United States's biggest doping scandal, believes the latest drug scandal to rock the sports world is all part of a cover up to protect the bottom line.
The BBC report said a third of medals in endurance events at the Olympics and world championships between 2001 and 2012 were won by athletes who have recorded "suspicious tests".
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