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Coal India And Reliance Power

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'Companies Will Be More Powerful Than Nations'

 'If you align your ambition with India's rise, the peak of your careers will unfold alongside the peak of India's power. Businessman Gautam Adani's advice to students of IIT-Kharagpur. IMAGE:......

CBI files charge-sheet against Navabharat Power in coal-gate scam

 The Central Bureau of Investigation on Monday filed its first charge-sheet in a Delhi court in the coal blocks allocation case against Navabharat Power Pvt Ltd for allegedly misrepresenting facts......

Coal India to be among India's top 10 companies

 Coal India IPO has become a runaway success, beating all records to become the largest public issue in India. The initial public offer by Coal India has generated a total demand for shares......

Why Reliance Power was high on Niira Radia's agenda

 Niira Radia had said friends in high places enabled favourable EGoM decision on Sasan coal diversion, a charge staunchly denied by Reliance Power. The Comptroller and Auditor General of India (CAG)......

Coal India files IPO papers with Sebi

 State-owned Coal India Ltd, country's largest mining company, today filed draft papers for a proposed Rs 13,000-crore (Rs 130-billion) initial public offerwith the Securities and Exchange Board of......

Reliance Power achieves closure for Sasan, finally

 Reliance Power has finally managed to achieve financial closure, the process of tying up funding, for one of India's largest coal-based power projects, the 4,000 Mw ultra mega power plant at Sasan,......

Grey market bets big on Coal India issue

 India's largest initial public offering (IPO), to be floated by Coal India Ltd, is generating enormous interest in the grey market. Investment bankers and stockbrokers that control this unregulated......

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