Probe into alleged irregularities in allocation of Talabira-II coal blocks has gained momentum as CBI has started questioning top executives of Aditya Birla Group and were likely to quiz former Coal Secretary P C Parakh next week.
The Coal Ministry on Monday received a total 69 applications from various PSUs
The Supreme Court on Tuesday a plea seeking its direction to the Central Bureau of Investigation to name Prime Minister Manmohan Singh in its First Information Repotfiled against industrialist Kumar Mangalam Birla and former Coal Secretary P C Parakh in a coal block allocation case.
Of these 36 coal blocks, one mine will be given to the steel sector while the rest will be given to the power sector.
The Central Bureau of Investigation was on Tuesday directed by a special court to record statements of former Prime Minister Manmohan Singh, who was holding charge as Coal Minister in 2005, and others in a coal blocks allocation scam case allegedly involving top industrialist Kumar Mangalam Birla.
Shares of ING Vysya Bank and Kotak Mahindra Bank rallied by up to 6% on the BSE on reports that Kotak Mahindra Bank in final stages to buy the bank.
An inquiry has been ordered by the Director General of Mines Safety and a high-level committee of experts has been constituted by Coal India to investigate the causes of the accident.
Govt to issue ownership rights of 15 coal mines on Mar 23.
Though the current National Democratic Alliance government has not endorsed the figure, it has not even repudiated it.
Former Jharkhand chief minister Madhu Koda, ex-Coal Secretary H C Gupta, former Jharkhand chief secretary Ashok Kumar Basu and six others were on Tuesday ordered to be put on trial by a special court on charges of corruption, criminal conspiracy and cheating in connection with a coal block allocation scam case.
On January 1, Anil Sinha, the new Director of the Central Investigation Bureau, gave a 40-minute "inspirational" speech to all his officials, setting the direction for the next two years of his tenure.
The ministry has also decided to offer station for redevelopment by inviting open bids from companies.
An Inter-ministerial panel had last month approved 10 per cent equity sale in Coal India. At present, the government holds 90 per cent stake in the firm.
Tata Power, Sesa Sterlite and Hindustan Zinc likely to be hit.
Reliance Industries has regained the top slot among Indian energy companies on the Platts global list
Growing foreign travel is one sign of the radical change in rising India's vacation dynamic.
Power stations with captive mines might look at this as an opportunity to sell merchant power at higher rates.
Those for power sector to see tussle between prior owners & new challengers
The top gainers on the Sensex are Gail(India), HDFC, Infosys.
Bids for eight coal blocks were sent for re-examination.
The committee said the move 'clearly undervalued the company and its long-term growth prospects'.
CBI is likely to examine soon Hindalco chairman Kumar Mangalam Birla and former Coal Secretary P C Parakh, who are named as accused in the FIR related to Talabira coal block allocation to Hindalco, as it wants to expedite probe.
The special court has asked the Central Bureau of Investigation if the then coal minister was examined by it in a coal scam case involving Kumar Mangalam Birla and others.
Odisha Chief Minister Naveen Patnaik may be questioned by CBI for writing a letter of support in favour of Hindalco, an Aditya Birla group company, after its bid for coal mines was rejected by coal ministry.
Prime Minister Narendra Modi will retain DoPT, Atomic Energy as well as all important policy issues and portfolios not allocated.
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.
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.
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.
The companies are crying foul over the cancellation of 25 blocks held by 68 firms over the past two days.
The Centre on Wednesday told the Supreme Court it would examine the current status of development in 61 coal blocks allocated to companies, on a case-by-case basis, and take a decision within six weeks.
Anil Swarup, who conceived the Rashtriya Swasthya Bima Yojana -- a scheme the United Nations Development Programme and the International Labour Organisation recognised as among the finest -- speaks to Anjuli Bhargava.
Prime Minister Manmohan Singh will make himself available to the Central Bureau of Investigation in the coal-gate investigation if a formal request is made, Union minister Kamal Nath said on Sunday.
Prabhu-led advisory group also suggests JVs with mining and infra firms.
A special court on Thursday refused to accept a closure report by the Central Bureau of Investigation and directed it to further investigate an alleged scam in coal blocks allocation, involving Congress Rajya Sabha MP Vijay Darda, saying he had misrepresented facts in letters written to then Prime Minister Manmohan Singh.
The CBI on Friday told a special court that former coal secretary H C Gupta had allegedly concealed facts from then prime minister Manmohan Singh.
In a serious allegation, former Coal Secretary PC Parakh had made a claim that ministers of coal were used to issuing oral orders and wanted file notings which suited them and not the "public interest".
'Our thrust would be on basic facilities first like sanitation'.
Proceedings in Rajya Sabha were repeatedly disrupted on Wednesday due to uproar over demand for Gujarat Chief Minister Narendra Modi's resignation and missing coal files, on which the Bharatiya Janata Party targeted Prime Minister Manmohan Singh.
Senior BJP leader Arun Jaitley on Sunday said with slew of graft cases surfacing during the UPA government, corruption has taken the shape of a "small scale industry", and the upcoming Lok Sabha polls will be a fight between morality and immorality.
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 and making "fraudulent" claims to "embellish" its applications to get allotments between 2006 and 2009.
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