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
Coal scam: Screening Commission not aware about misrepresentation by firm, says CBI
The CBI on Wednesday told a special court that the 36th screening committee, which had recommended coal block allocation to Madhya Pradesh-based company, was not aware that the firm had allegedly misrepresented facts for acquiring the block.
Sep 24, 2014, 19:05 PM IST
Coal scam: Chronology of events
The Supreme Court on Wednesday cancelled 214 of 218 coal mine permits given to companies for their own use since 1993.
Sep 24, 2014, 18:52 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
Coal import bill to shoot up by Rs 18k crore: Report
India's coal import bill is likely to go up further by around Rs 18,000 crore due to the cancellation of coal blocks by the country's apex court, according to a report.
Sep 24, 2014, 17:51 PM IST
Coal scam: SC verdict signifies democracy in action, Former CBI chief
Lauding the Supreme Court for its bold decision to scrap the allocations of 214 of 218 coal blocks, former Central Bureau of Investigation (CBI) chief Joginder Singh on Wednesday said the verdict signifies democracy in action and should be welcomed by all right-thinking people.
Sep 24, 2014, 16:55 PM IST
Coal scam: SC cancelling allocation will enable fresh start, says Prasad
Government on Thursday said Supreme Court's decision to cancel the allocation of 214 coal blocks was in accordance with its stand and will enable it to make a 'fresh start'.
Sep 24, 2014, 16:42 PM IST
Coal scam: SC quashes allocation of 214 blocks allocated since 1993
A bench, headed by Chief Justice R M Lodha, saved only four blocks--one belonging to NTPC and SAIL each and two allocated to Ultra Mega Power Projects--from being cancelled.
Sep 24, 2014, 15:41 PM IST
Near Rs 2,000 cr exposure to companies affected by coal ruling: IDBI
IDBI Bank Ltd has close to 20 billion rupees ($328 million) loan exposure to companies affected by a Supreme Court.
Sep 24, 2014, 15:39 PM IST
Coal scam: SC to decide fate of 218 coal blocks today
During its hearing on the coal blocks allocation scam on August 25, the apex court held that all the coal blocks allocated by the Centre since 1993 to 2010 were illegal and that the process of the allocation was arbitrary and vague.
Sep 24, 2014, 06:49 AM 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
Coal scam: SC refuses to hear pleas of companies
The Supreme Court on Friday refused to give any further hearing on the pleas of companies which were illegally allocated coal blocks by the government.
Sep 12, 2014, 13:53 PM IST
SAIL stake sale this month; more incentives for retail players
The government is proposing to offload 5 percent stake in SAIL this month and provide more incentives to retail investors to increase their participation.
Sep 09, 2014, 21:40 PM IST
SC reserves order to decide fate of 218 coal blocks
SC reserved its order to decide the fate of 218 coal block allocations held as illegal by it with the Centre advocating their cancellation.
Sep 09, 2014, 19:13 PM IST
Coal Scam: SC reserves order on cancellation of 218 blocks
The Supreme Court on Tuesday reserved order on cancellation of 218 coal blocks, which were declared illegal by it in a previous judgement.
Sep 09, 2014, 16:11 PM IST
SC terming coal block allocation illegal a wake up call: Goyal
The coal block allocation held illegal and arbitrary by the Supreme Court was a 'wake up call' for the government to bring in greater transparency and answerability in the system, Power and Coal Minister Piyush Goyal said Tuesday.
Sep 09, 2014, 13:58 PM IST
Coal scam: Centre favours cancellation of blocks
Companies, who were allocated coal blocks, pleaded SC not to cancel allocation without hearing them.
Sep 09, 2014, 08:45 AM IST
Govt puts the onus on SC to decide fate of 218 Coal blocks
Government Monday left it to the Supreme Court to decide the fate of 218 coal blocks allocation held as illegal by it while stating that about 40 blocks are operational and another six are ready to produce 50 million tonnes coal in the current year.
Sep 08, 2014, 20:11 PM IST
Coal scam: Govt files affidavit in Supreme Court
The government on Monday filed an affidavit in the Supreme Court on 218 coal blocks held
as illegal by it. The government also left it to the apex court to decide on the issue of cancellation.
