Left parties, unions oppose decision to auction coal blocks to pvt parties
Left parties and trade unions Tuesday opposed Government's decision to go in for e-auction of coal blocks for private parties and demanded its reversal while deciding to launch nationwide protests against "anti-people" policies next month.
Oct 21, 2014, 16:37 PM IST
Cabinet clears Ordinance to re-auction coal blocks
In a move that is leading closer to re-auction of the 214 coal blocks that were cancelled by the Supreme Court in September, the Cabinet late Monday evening recommended promulgation of Ordinance to the President to resolve the pending issues post the cancellation.
Oct 20, 2014, 21:04 PM IST
Govt to bring Ordinance on cancelled coal blocks
Days after the Supreme Court cancelled allocation of 214 coal blocks, the government Monday moved to bring an Ordinance that will enable it to acquire the land of these mines along with plants for auction later.
Oct 20, 2014, 18:50 PM IST
Coal scam: CBI files fresh case against Jindal Steel & Power
A CBI spokesperson said here on Sunday that it is the 36th FIR in connection with its probe into the coal blocks scam.
Oct 19, 2014, 15:26 PM IST
CBI blindly accepted accused's version: Court, prosecutor
A special court on Wednesday agreed with the contentions of the Supreme Court-appointed prosecutor that CBI "blindly" accepted the versions of the accused in a coal scam case while seeking its closure saying that the agency's report appeared to be more in their defence.
Oct 15, 2014, 20:23 PM IST
Is screening committee's decision against public interest: Court to CBI
A special court today sought to know from the CBI whether there was "transparency" in the decision of the screening committee recommending allocation of coal blocks to JAS Infrastructure and Power Ltd against whom the agency has filed a closure report in a coal scam case.
Oct 09, 2014, 19:59 PM IST
'Mid-sized PSU banks to suffer due coal block cancellation'
Mid-sized PSU banks are likely to be affected more than the large banks from the credit costs arising out of developments like Supreme Court ordering cancellation of coal block allocation, a report said.
Oct 08, 2014, 19:29 PM IST
Govt seeks AG's opinion on need for Ordinance on coal blocks
Depending on the advice of the Attorney General of India, they said, the ministry will take a view on the Ordinance so as to deal with the implications of the SC's order in the coal case.
Oct 06, 2014, 15:08 PM IST
CoalMin seeks clarification from LawMin on blocks
The development follows Supreme Court quashing allocation of 214 coal blocks allotted to various companies since 1993.
Oct 02, 2014, 16:55 PM IST
Coal scam: Court pulls up CBI for trying to segregate cases
A special court on Wednesday pulled up the CBI for trying to segregate one of the cases arising out of the coal block allocation scam to keep it away from being tried by it and seeking its transfer to a regular court.
Oct 01, 2014, 18:55 PM IST
SC verdict on coal mines could trigger reforms in sector: S&P
The recent cancellation of coal block allocations by the Supreme Court provides an opportunity for the government to reform the process of awarding coal mines in the country, S&P said on Wednesday.
Oct 01, 2014, 18:27 PM IST
System has flexibility to deal with loans: Rajan on Coalgate
Reserve Bank Governor Raghuram Rajan on Tuesday said there is already "fair amount of flexibility" in the system to deal with loans impacted by the Supreme Court order to de-allocate 214 coal blocks.
Sep 30, 2014, 17:34 PM IST
India's power generation capacity under-utilised: Report
Around one-tenths of India`s installed power generation capacity of 250,000 MW is under-utilised because of domestic coal shortages, a report here has said.
Sep 28, 2014, 16:50 PM IST
Govt has to ensure coal linkage to end-use projects: IR
The apex court has scrapped the allocation of 214 out of 218 coal blocks to various companies since 1993 terming it as "fatally flawed".
Sep 28, 2014, 12:29 PM IST
'SC verdict to have serious ramifications for energy sector'
The Supreme Court's verdict to cancel all but four coal mines allocated since 1993 will have a serious ramification for the energy and steel sectors hitting their bottomlines and fines imposed alone could amount up to Rs 7,300 crore, rating agencies said Friday.
Sep 26, 2014, 19:46 PM IST
GMR says SC order on coal blocks cancellation not to impact it
According to a filing with bourses, the company said a coal mine block known as 'Rampia' in Odisha also stands cancelled, where GMR Group is one among the six shareholders.
Sep 26, 2014, 19:34 PM IST
Coal mines: Govt may form inter-ministerial panel
The government is contemplating constituting an inter-ministerial panel to decide the future course of action with regard to coal permits that have been quashed by the Supreme Court.
Sep 26, 2014, 18:22 PM IST
Coal blocks' players may have to pay Rs 10K-cr as fine: Crisil
With cancellation of 214 coal blocks, the players of operational units may have to shell out Rs 10,000 crore as fine, rating agency Crisil has said.
Sep 24, 2014, 23:32 PM IST
Coal scam: Concerns of all stakeholders will be kept in mind, says Official
Concerns of all stakeholders will be kept in mind while deciding the future course of action on coal block allocation, a top Coal Ministry official said on Wednesday.
Sep 24, 2014, 20:06 PM IST
Coal scam: Banks with Rs 1 lakh crore exposure sitting on mine of worries
The mass cancellation of coal blocks by the Supreme Court has sent banks in a jittery mode as they have extended over Rs 1 lakh crore loans to power plants that were fed by these mines.
Sep 24, 2014, 19:29 PM IST
