Neyveli boiler blast: Six dead, 17 injured in explosion at thermal plant in Tamil Nadu's Cuddalore district
The Neyveli Lignite Corporation (NLC) fire-fighters have been engaged in the rescue operations and the district administration's rescue teams have also reached the spot.
The deadline has been extended to avoid bunching of share sale offers from state-owned firms
The Coal Ministry has issued show-cause to eight firms including Hindalco Industries and Mahanadi Coalfields, and sought explanation from five firms such as JSW Steel, Tata Steel and Power Finance Corp, for delays in commencing production from mines allocated to them.
Hindalco Chairman Kumar Mangalam Birla, who is named in the FIR in the alleged coal block allocation scam, today met Finance Minister P Chidambaram for the second time in less than three weeks.
Naming Birla in an FIR attacks entrepreneurs who have risen on their own merit. Suddenly, India has become an even more uncertain place to do business.
The disinvestment target for the current fiscal has been fixed at Rs 40,000 crore.
The government currently holds 92.11 percent stake in ITDC and 91.02 percent stake in STC.
Shares of National Aluminium Co surged as much as 5.5 percent on Thursday on media reports that the cabinet would meet on Friday to consider selling some of the government stake in five companies.
The CBI is investigating alleged irregularities in the utilisation of coal blocks allocated to private companies between 2006 and 2009.