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
Hope govt will devise relief plan: Birla on coal blocks order
In a major blow to the corporate sector, the Supreme Court today quashed allocation of 214 out of 218 coal blocks which were alloted to various companies since 1993.
Sep 24, 2014, 19:24 PM IST
Coal scam: SC ruling likely to hit economy, says India Inc
Currently, about 42 blocks are producing coal to the tune of 53 million tonnes and account for 10 percent of the total coal supplied in the country.
Sep 24, 2014, 19:13 PM IST
'Firms which lost mines should have refusal right in auction'
The economy will be severely impacted if the government fails to re-allocate the cancelled blocks within six months, Parakh said.
Sep 24, 2014, 18:06 PM IST
SC to decide fate of 218 coal blocks on Wednesday
The apex court will pronounce its verdict at 2 PM on blocks whose allocation was declared illegal by it and in which government claimed that Rs 2 lakh crore investments have been made.
Sep 23, 2014, 21:31 PM IST
