News for 'coal'

Coal issues: Ramesh calls on Jaiswal

Coal issues: Ramesh calls on Jaiswal

Rediff.com8 Feb 2011

This follows an hour-long meeting Jaiswal had with Environment and Forest Minister Jairam Ramesh for resolving major issues hurting coal production.

9 applications for 36 coal blocks from PSUs like NTPC, SAIL

9 applications for 36 coal blocks from PSUs like NTPC, SAIL

Rediff.com9 Feb 2015

The Coal Ministry on Monday received a total 69 applications from various PSUs

Govt may give 9 mines being re-examined to Coal India

Govt may give 9 mines being re-examined to Coal India

Rediff.com18 Mar 2015

Jindal Steel and Balco emerged as the top bidders.

Sri Lanka to cancel Indian coal plant deal; proposes LNG instead

Sri Lanka to cancel Indian coal plant deal; proposes LNG instead

Rediff.com18 May 2016

Area residents and environmental groups have resisted the coal power plant ever since it was originally proposed in 2006 due to worries about land clearance and pollution

No respite for coal; Uncertainty for other sectors

No respite for coal; Uncertainty for other sectors

Rediff.com26 Sep 2014

Exceptions were made for ultra-mega power plants, such as the one at Sasan, which the court observed were not under consideration, and for coal blocks attached to the power and steel companies controlled by the central government.

Coal scam: Chargesheet to be filed soon

Coal scam: Chargesheet to be filed soon

Rediff.com8 Sep 2014

The court posted the matter for September 26 after the CBI informed that it was likely to file a supplementary final report in the case by September 22.

SC notice to govt, CBI on coal-gate

SC notice to govt, CBI on coal-gate

Rediff.com19 Nov 2012

The Supreme Court on Monday issued a notice to the central government and the Central Bureau of Investigation after a Public Interest litigation filed in connection with the coal blocks allocations controversy.

Coal block allocations: India Inc pleads for SC mercy

Coal block allocations: India Inc pleads for SC mercy

Rediff.com10 Jan 2014

Worried over the fallout of the Supreme Court's observations on allocation of coal blocks, India Inc wants the apex court to consider a reprieve for those allotted to genuine companies that have invested billions.

How Manmohan Singh became 'conspirator number 3' in coal scam

How Manmohan Singh became 'conspirator number 3' in coal scam

Rediff.com12 Mar 2015

A change in recommendation in favour of Birla did certainly happen but the question is whether it was a bona fide decision. Jyoti Mukul reports

Coal India, NTPC 'break the jinx', report growth in Q2

Coal India, NTPC 'break the jinx', report growth in Q2

Rediff.com2 Oct 2020

Growth in power demand remains in negative though it is picking up as coronavirus-related restrictions are eased.

Fraud coal block allotments would be cancelled: Govt

Fraud coal block allotments would be cancelled: Govt

Rediff.com13 Sep 2012

Ashwani Kumar, Union Minister of State for Science and Technology, said that the BJP was inviting lawlessness and anarchism in the country by doing negative politics over the issue of coal block allocation.

INDIA will remove 50% quota cap if voted to power: Rahul in Jharkhand

INDIA will remove 50% quota cap if voted to power: Rahul in Jharkhand

Rediff.com5 Feb 2024

Gandhi claimed that Dalits, tribals, and Other Backward Classes were made bonded labourers and their participation was lacking in big companies, hospitals, schools, colleges and courts.

Govt makes green norms easier for new coal block allottees

Govt makes green norms easier for new coal block allottees

Rediff.com2 Apr 2015

Govt has allowed transfer of clearances granted to the previous allottees to new owners.

Coal ministry to send mine deallocation letters soon

Coal ministry to send mine deallocation letters soon

Rediff.com24 Sep 2012

The coal ministry is likely to begin next week issuing deallocation letters to private firms whose mines were cancelled and those where bank guarantees were deducted for sitting idle on mines given to them for captive use, Coal Minister Sriprakash Jaiswal on Monday said.

Coal India might opt for direct imports next year

Coal India might opt for direct imports next year

Rediff.com2 May 2013

This year, Coal India plans to gauge the domestic market through a tie-up with MMTC and State Trading Corporation.

PM refuses to cancel coal block allocations

PM refuses to cancel coal block allocations

Rediff.com3 Sep 2012

Earlier in the day, leader of the Opposition in the Lok Sabha Sushma Swaraj said the Bharatiya Janata Party would allow Parliament to function if the coal block allocations were cancelled and an independent inquiry was ordered.

15% interim relief for coal workers

15% interim relief for coal workers

Rediff.com12 Jan 2004

Union minister for coal and mines Mamata Banerjee on Monday announced 15 per cent interim relief for coal miners and employees and said no collieries would be closed and no retrenchment would be made.

'White Paper' vs 'Black Paper': Govt, Cong fire salvos at each other

'White Paper' vs 'Black Paper': Govt, Cong fire salvos at each other

Rediff.com9 Feb 2024

A 'White Paper' versus 'Black Paper' battle erupted on Thursday as the Centre and the Congress unveiled documents and crossed swords over the handling of the Indian economy during the nearly 10 years of the BJP-led NDA rule and the previous 10-year tenure of the Congress-led UPA government.

40-mt coal shortage worries PM

40-mt coal shortage worries PM

Rediff.com22 Apr 2005

Coal-gate: CBI registers two new cases

Coal-gate: CBI registers two new cases

Rediff.com22 Sep 2012

The Central Bureau of Investigation on Saturday registered two fresh cases against two private companies in its ongoing probe into the coal block allocation scam and carried out searches at seven locations across the country.

 PM responsible for losses in coal allocation: BJP

PM responsible for losses in coal allocation: BJP

Rediff.com19 Aug 2012

Former Union Minister and senior BJP leader Bandaru Dattatreya on Sunday said Prime Minister Manmohan Singh should take 'moral responsibility' for wrongful loss to exchequer due to the coal scam.

Sensex jumps 567 points on gains in financials and auto

Sensex jumps 567 points on gains in financials and auto

Rediff.com10 Oct 2023

ICICI Bank, Axis Bank, Infosys, M&M, Tech Mahindra, Tata Steel, SBI and Maruti were also among the gainers. On the other hand, IndusInd, TCS, Titan and Asian Paints declined.

Coal India to invest $20 bn in 5 years: Goyal

Coal India to invest $20 bn in 5 years: Goyal

Rediff.com15 May 2015

The increase in production will be from the existing mines.

Some coal blocks expected to be de-allocated

Some coal blocks expected to be de-allocated

Rediff.com12 Sep 2012

Amid a raging row over coal block allocations, the Inter-Ministerial Group is set to recommend de-allocation of some coal blocks awarded to private firms out of 29 cases under review and other punitive action will be taken against several others.

NCDEX to launch futures in coal

NCDEX to launch futures in coal

Rediff.com1 Jun 2007

India's largest agri commodity bourse - the National Commodities and Derivatives Exchange - plans to launch futures trading in coal soon.

Coal block allocation policy 100 pc correct: Jaiswal

Coal block allocation policy 100 pc correct: Jaiswal

Rediff.com4 Sep 2012

Under attack from the Bharatiya Janata Party on the coal block allocation issue, the government on Tuesday said the policy followed by it in allotting the mines was "100 per cent correct" and those who resorted to wrongdoing will go to jail.

Metal stocks rally defies global peers, not backed by fundamentals

Metal stocks rally defies global peers, not backed by fundamentals

Rediff.com11 Oct 2023

Metal and mining companies, such as Tata Steel, JSW Steel, Hindalco, and Coal India, have been among the top-performing sectors on the bourses in recent months. The S&P BSE Metal Index is up 13 per cent in the past three months, rallying 29 per cent in the past year, outperforming the broader market. For comparison, the benchmark S&P BSE Sensex has only seen a 1.7 per cent increase in the past three months, with a 15 per cent gain since the end of September last year.

Coal unions warn of 'non-cooperation' drive on CIL divestment

Coal unions warn of 'non-cooperation' drive on CIL divestment

Rediff.com1 Feb 2015

They, however, called off their nationwide strike

Coal scam: CBI directed to record statement of Manmohan Singh

Coal scam: CBI directed to record statement of Manmohan Singh

Rediff.com16 Dec 2014

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.

After ONGC, Coal India set to frack in India

After ONGC, Coal India set to frack in India

Rediff.com17 Jan 2013

The Kolkata-based coal miner has tied up with the US-based Advance Resource International Inc for exploration and identification of the potential shale deposits within the company's coal blocks.

India's GDP Grows 7.6%, Beats China

India's GDP Grows 7.6%, Beats China

Rediff.com30 Nov 2023

India's economy grew 7.6 per cent in the September quarter of this fiscal and remained the fastest-growing large economy, mainly due to better performance by manufacturing, mining and services sectors, the government data showed on Thursday. The gross domestic product (GDP) expanded by 6.2 per cent in the July-September quarter of 2022-23. India remained the fastest-growing major economy, as China posted a 4.9 per cent growth in July-September 2023.

Coal India mega issue subscribed 9%

Coal India mega issue subscribed 9%

Rediff.com18 Oct 2010

The issue, through which the Centre will be divesting 10 per cent of its stake, garnered applications for 5,67,40,450 shares within the first hour of opening.

Coal scam: BJP praises Cong's 'entrepreneurial skills'

Coal scam: BJP praises Cong's 'entrepreneurial skills'

Rediff.com11 Sep 2012

Demanding a probe into fresh reports in the allocation of 142 coal blocks by United Progressive Alliance government, the Bharatiya Janata Party on Tuesday said it is "truly amazing" that relatives and associates of union ministers have made such gains soon after the latter occupied the high offices.

Coming On OTT This December

Coming On OTT This December

Rediff.com30 Nov 2023

Joginder Tuteja lines up the releases in store.

Naveen Jindal unhappy with coal verdict, to seek legal help

Naveen Jindal unhappy with coal verdict, to seek legal help

Rediff.com26 Sep 2014

With the Supreme Court (SC) cancelling captive coal block allocations, Jindal Steel & Power Limited will be the worst-affected company.

Coal prices may be freed further

Coal prices may be freed further

Rediff.com30 May 2005

Cancelling coal blocks? No way, says government

Cancelling coal blocks? No way, says government

Rediff.com3 Sep 2012

"The demand for cancellation of all 142 coal blocks allocated after 2004 is not founded on sound logic. It (cancellation) cannot be done through dictat or arbitrary orders," Finance Minister P Chidambaram told reporters in New Delhi.

SBI to provide $1bn loan to Adani's Australia coal mine

SBI to provide $1bn loan to Adani's Australia coal mine

Rediff.com17 Nov 2014

Australia's federal and Queensland governments are eager to see the mine built following the loss of more than 4,000 coal jobs over the past two years, but analysts and project finance experts believe Adani may have underestimated the challenge of raising funds for the project.

Naveen Jindal to be tried over alleged coal scam

Naveen Jindal to be tried over alleged coal scam

Rediff.com29 Apr 2016

In 2014, the Supreme Court of India revoked the allocation of more than 200 coal blocks which were sold by the government

CBI registers 13th FIR in coal allocation scam

CBI registers 13th FIR in coal allocation scam

Rediff.com19 Jun 2013

The Central Bureau of Investigation has registered a fresh case in connection with its coal blocks allocation probe against a Delhi-based steel company and carried out searches at its premises in the National Capital Region.