Coal Block

Did not influence anyone to give coal block to Birla, says ex-PM Manmohan Singh

Former Prime Minister Manmohan Singh has told CBI that he did not try to "influence" anybody, nor was there "any undue haste" in awarding the Talabira-II coal block to Hindalco which was initially refused.

Coal scam: Ex-CBI officers gives consent to assist CVS probe against ex-chief Ranjit Sinha

Former CBI Special Director ML Sharma has given his consent to assist the Central Vigilance Commission (CVC) in its probe against Ranjit Sinha, who during his tenure as the agency chief, was accused of scuttling probe in the coal block allocation scam, the Supreme Court was informed on Monday.

Coal case: No contempt notice against Naveen Jindal for recording court proceedings

The Delhi High Court on Thursday refused to issue any contempt notice to industrialist Naveen Jindal, for one of his former employees' act of recording court proceedings during a coal block allocation matter relating to his company.

Govt makes green norms easier for new coal block allottees

The Centre has recently auctioned 29 blocks in two phases to companies like Monnet, GMR Chhattisgarh, Hindalco, Reliance Cement among others, garnering about Rs 2 lakh crore.

We are fully behind Manmohan Singh, sure he will be vindicated: Sonia Gandhi

The Congress president said that the party would offer unstinted support to the former Prime Minister in connection with the case in which he has been summoned.

Court summons Manmohan Singh as accused in Hindaclo coal block allocation case

The court has summoned the Prime Minister in connection with the allocation of a coal block to Hindalco in 2005.

Coal block auction: Rs 1.09 lakh crore to go to states coffers

Approximately Rs 1.09 lakh crore would go to the coffers of states like Chhattisgarh, West Bengal, Jharkhand, Odisha and Maharashtra following auction of 19 coal blocks held last night, Union Coal Secretary Anil Swarup said today.

Aggressive bids in coal block auctions will hit companies' profitability, says Crisil

Rating agency Crisil today said the aggressive bids by companies in the ongoing coal blocks auctions, especially by the power sector, will be credit negative for them.

Coal mine bidders worry about first stage price offers

The development came at a meeting of the bidders convened by the government recently to discuss proposed auction of 23 coal blocks in the first tranche.

Hindalco Q2 profit misses forecast, net down to Rs 357 cr

Second-quarter net profit fell marginally to Rs 357 crore from Rs 359 crore a year earlier. Revenue rose 2 percent to Rs 6,305 crore.