Km Birla

Hindalco gains 3% as PM is 'satisfied' with coal allocation process

The allocation of Talabira coal block in Odisha is in the eye of a storm with CBI booking Aditya Birla Group Chairman Kumar Mangalam Birla and former Coal Secretary P C Parakh.<br /><br />

Assocham fears coalgate FIRs, says cases on India Inc half-baked

Taking a strong note of CBI slapping a case against Kumar Mangalam Birla in Coalgate, Assocham has sought Prime Minister's intervention to end the "environment of distrust" which had arisen due to "half-baked cases" against industry leaders, cautioning this could further impair decision making.

Coalgate: Not just Birla, CBI may come after other industry captains too

The coal controversy seems to be getting even murkier as the Central Bureau of Investigation initiated preliminary enquiries into allocation of mines between 2006 and 2009 and is likely to register four to five FIRs against more corporate honchos in the coming weeks

Moily backs Birla in coal case, says India not under 'Aurangzeb's rule'

As industry voiced concern over the CBI naming industrialist Kumar Mangalam Birla in a case, Oil Minister M Veerappa Moily said investigating agencies and the judiciary must ensure that India does not become like Russia, where investors are not prepared to go and billionaires are put behind bars.<br /><br />

Coalgate: Birla's Hindalco clueless about Rs 25 crore cash seized by CBI

As I-T department starts probe into cash seized, company officials have failed to explain the source of the cash or why it was kept in the Delhi office of Hindalco.

CBI's case against KM Birla in Coalgate: all you need to know

CBI has booked Birla as a representative of AV Birla Group and its group company, aluminium maker Hindalco.

Coal Scam: CBI to record former-PM Manmohan Singh's statement

The CBI was today directed by a special court to record statements of former Prime Minister Manmohan Singh, who was holding charge as Coal Minister in 2005, and others in a coal blocks allocation scam case allegedly involving top industrialist Kumar Mangalam Birla.

BJP welcomes court order to record Manmohan's statement in coal scam

BJP today backed the special court order directing the CBI to record statement of former Prime Minister Manmohan Singh in a coal blocks allocation scam case while Congress reacted cautiously.

Coal scam: CBI files closure report in case against KM Birla

In a reprieve to top industrialist Kumar Mangalam Birla and others, who were named as accused in its FIR in one of the coal blocks allocation scam cases, CBI has filed a closure report in a special court in New Delhi.

PM should have spoken earlier on Coalgate FIR to silence BJP

Manmohan Singh is known to be a man of great personal integrity. What stops him opening up more often?