Coal scam: CBI books Udit Rathi, directors for fraud

The Union Coal Ministry, on Tuesday, issued show cause notices to six corporate houses, including Jindal Steel and Power Limited (JSPL), Tata Power, Monnet Ispat and Jindal Photo, for their failure to develop the allocated coal mines in the stipulated period.

Three senior officers of Jharkhand government who were part of the screening committee which cleared Jindal Steel and Power Limited and Gagan Sponge Iron Limited's names for allocation of coal blocks have come under the scanner of the CBI which might question ...

At a time when the country is facing severe coal shortages, Jindal Steel and Power (JSPL) is reportedly sitting on coal reserves of more than 2,300 million tonnes. All these coal blocks were allocated to Jindal's company after the Congress-led UPA ...

Steel producer SSI have revealed plans to safeguard jobs in the long term. The company have unveiled a £38m coal injection plant, which bosses hope will slash costs and

Indian equities slipped again, losing 0.4 percent on benchmarks. BSE Sensex is down 82.90 points at 19060.10, and the Nifty is down 21.15 points at 5767.65.

Last year, a govt auditor's report criticised allocation of 155 coalfields ArcelorMittal, Tata and Jindal Steel and Power, were among those named in the report Ashwani Kumar was forced to quit as law minister following allegations that he had

The market is growing as trading session progresses. The Sensex is down 107.34 points at 19333.73, and the Nifty down 33.90 points at 5844.10. About 380 shares have advanced, 863 shares declined, and 79 shares are unchanged.

International Coal Ventures Ltd (ICVL), a consortium led by the Steel Authority of India (SAIL), has shortlisted some coking coal mines for acquisition. At least four or five good coking coal mines in Australia, the US and Mozambique have been ...

Two ambitious coal-to-liquid projects (CTL) proposed in Odisha by Jindal Steel & Power Ltd (JSPL) and the Tatas through a joint venture with South Africa's Sasol, have plunged into uncertainty. The Odisha government has held up processing of coal block ...