Like CIL, PSUs can deliver on par with TCS, Infosys: Piyush Goyal

Last Updated: Wednesday, July 8, 2015, 22:16

Better vision and leadership can help state-owned firms to perform on par with top private players like Infosys, Wipro and TCS as has happened with Coal India Ltd which registered 12 percent spurt in output, Coal and Power Minister Piyush Goyal has said.

Coal scam: CBI files probe report, says sanction issue pending

Last Updated: Monday, June 29, 2015, 19:03

CBI on Monday filed before a special court a report on its further probe in a coal scam case allegedly involving Rajya Sabha MP Vijay Darda, and said the grant of sanction to try a public servant, who has since retired, was pending before the Union Coal Ministry.

Mine clearance status of companies up for govt review

Last Updated: Sunday, June 28, 2015, 12:12

The Coal Ministry this week will hold a review meeting with companies, including Adani Power, Essar Power and GMR, to evaluate status of transfer of various clearances and schedule of opening of coal mines allocated to them through auction recently.

Govt to put 8 coal mines on block post 3rd round of auction

Last Updated: Wednesday, June 24, 2015, 14:27

The government will put on the block eight more mines after 10 mines are auctioned in the third phase, for which the process has already begun, a top official on Wednesday said.

CIL may exceed production target by 60 mt this year: Coal secy

Last Updated: Tuesday, June 9, 2015, 19:39

Coal India is likely to increase its production by over 60 million tonne in the current financial year on account of measures taken by the state-run firm, a senior government official said Tuesday.

Coal Ministry invites bids for third round of auction

Last Updated: Monday, June 8, 2015, 22:06

The government Monday kick-started the process for auction of 10 coal blocks in the third tranche, inviting bids from companies engaged in sectors like steel, cement and captive power generation.

Govt to auction 10 mines in 3rd tranche by August: Coal Secy

Last Updated: Thursday, June 4, 2015, 17:27

Government on Thursday said it will auction 10 coal mines in the third tranche with reserves of 858.19 million tonnes for steel, cement as well as captive power plants and the process will be completed by August end.

Coal scam: Court to consider CBI's closure report on July 20

Last Updated: Wednesday, June 3, 2015, 18:36

A special court Wednesday fixed July 20 to consider a closure report filed by CBI in a coal block allocation scam case allegedly involving Prakash Industries Ltd (PIL) and others.

Coal scam: Court fix July 10 for consideration of CBI's report

Last Updated: Monday, June 1, 2015, 17:44

A special court would consider next month the supplementary final report filed by CBI in connection with a coal scam case allegedly involving Vikash Metal and Power Limited (VMPL) and others.

Coal India's pithead stock rises to 49 MT

Last Updated: Sunday, May 31, 2015, 12:29

The PSU's pithead stock at the end of FY 2014 fiscal was 46 MT, an official had earlier said.

Coal India Q4 net profit drops 4.4% to Rs 4,238 crore

Last Updated: Thursday, May 28, 2015, 19:44

State-owned Coal India Thursday reported 4.4 percent decline in consolidated net profit at Rs 4,238.55 crore for the quarter ended March 31, due to higher expenses.

Not correct to expect India to shift from coal: India tells UN

Last Updated: Thursday, May 21, 2015, 23:58

India has told a high-level energy meeting here that it will not be fair to expect it to move away from coal to meet energy requirements of millions of Indians, underscoring that coal will continue to remain the "mainstay" of its energy needs for the "foreseeable future."