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IMG seeks deallocation of two more coal mines

Continuing scrutiny of coal blocks which failed to meet development timelines, the Inter-Ministerial Group on Thursday recommended de-allocation of two more mines, raising to 13 the number of......

De-allocate 3 mines, chop bank guarantee of 4 blocks: IMG

Deallocation of three more coal blocks was on Wednesday recommended by the Inter-Ministerial Group, which concluded scrutiny of 29 mines and will meet on Thursday to review further cases. The......

Some coal blocks expected to be de-allocated

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......

90 coal blocks face de-allocation threat

Amid the raging row over coal block allocation, as many as 90 mines face the threat of de-allocation as these are under scanner for non-production. Of these, 58 coal blocks are in the immediate......

PMO unhappy over inaction by coal ministry

Amidst the storm over CAG report on coal block allocation, the Prime Minister's Office has expressed displeasure over inaction by the Coal Ministry in cancelling blocks where mining has not taken......

India Inc goes slow on rupee bonds, eyes international market

As bonds are costlier for companies and investors are more sceptical than the banks, CFOs say they are looking at other avenues for raising funds. Illustration: Dominic Xavier/Rediff.com Indian......

PSUs became the biggest laggards on Indian bourses

Market cap of government companies has remained unchanged in the past 8 years. Illustration: Uttam Ghosh/Rediff.com India’s listed public sector undertakings (PSUs) continue to be laggards......

Covid-19 impact: Six of the top 10 family-owned businesses in the red

Together, the top 10 business groups reported a pre-tax loss of Rs 19,342 crore during the January-March 2020 quarter, as against a profit before tax of around Rs 48,500 crore in the year-ago......

India Inc on war footing to cut costs, conserve cash

The first spending item on the chopping block is capital expenditure, followed by operating costs and overheads, including sales and marketing expenses. Illustration: Dominic Xavier/Rediff.com......

Manufacturing sector hits a virtual standstill

Factories are shutting down owing to a shortage of labour and raw materials, and a lack of logistical support amid the ongoing nationwide lockdown against the coronavirus pandemic.  IMAGE:......

'I had almost become a mechanic...'

'Today, the world has changed. You have to be very persistent.' 'You need to have a talent that is your 'X' factor -- be it in any field.' Aarambh actor Rajniesh Duggal tells us what his 'X' factor......

PIX: Kangana, Priyanka, John in Narendra Kumar's design

When it comes to fabric, every designer has their favourite. Renowned fashion designer Narendra Kumar's latest passion is Liva, a yarn that can be woven into a fluidly flowing fabric that......
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