Coal India stake sale: Trade unions up the ante

Last Updated: Wednesday, August 19, 2015, 22:14

Major trade unions of Coal India opposed to any government proposal to 10 percent stake sale in the PSU will soon chalk out a strategy to take their protest forward.

Mining giant Glencore reports $676 mn first-half loss

Last Updated: Wednesday, August 19, 2015, 19:49

Swiss mining giant Glencore on Wednesday reported a first-half loss of $676 million (620 million euros), a performance hit by what the company called the worst commodities market since the financial crash of 2008-09.

Panel on coal linkage auction to meet this week

Last Updated: Wednesday, August 19, 2015, 15:30

The government is considering a policy for coal linkage auction and has sought comments from stakeholders on its draft auction methodology.

Coal scam: Court grants bail to ex-Coal Secy, four others

Last Updated: Wednesday, August 19, 2015, 11:43

Besides Gupta, the court granted bail to two senior public servants, K S Kropha and K C Samria, Brahmani Thermal Power Pvt Ltd (BTPPL) chairman, P Trivikrama Prasad and its vice chairman Y Harish Chandra Prasad.

Coal prices fall to 12-year lows as China, India join demand slowdown

Last Updated: Wednesday, August 19, 2015, 08:27

The steady and sharp fall in coal prices has knocked down shares of big mining companies like BHP Billiton, Glencore and Rio Tinto, and it has seen many financers exit the sector.

CITU protests Coal India disinvestment plan

Last Updated: Tuesday, August 18, 2015, 21:26

The Centre reportedly mulling disinvestment in the state-owned Coal India has triggered protest demonstrations by Left-backed CITU, even as the Congress-backed INTUC is yet to take a call on the matter.

CIL to seek shareholders' nod to extend CMD's tenure till 2017

Last Updated: Tuesday, August 18, 2015, 21:16

Coal India will seek shareholders' nod for extending the tenure of Sutirtha Bhattacharya as its Chairman and Managing Director till August 31, 2017.

Coal scam: Ex Coal Secy, retired public servant granted bail

Last Updated: Tuesday, August 18, 2015, 11:16

Senior advocate N Hariharan, who appeared for Bagrodia, told the court that his client is around 75-year-old and is suffering from ailment and the doctor has advised him rest.

Coal scam: Special Court grants bail to HC Gupta, LS Janoti

Last Updated: Tuesday, August 18, 2015, 10:42

Last month, the duo were summoned as accused by a Special Court in connection with a coal scam case.

Coal scam: Court to hear Hindalco's case on September 14

Last Updated: Monday, August 17, 2015, 22:59

A special court Monday fixed September 14 for hearing a coal scam case in which the Supreme Court has stayed the summons issued against former Prime Minister Manmohan Singh, industrialist Kumar Mangalam Birla and others.

Coal scam: Madhu Koda moves special court, seeks summoning of former PM Manmohan Singh

Last Updated: Monday, August 17, 2015, 11:50

Former Jharkhand Chief Minister Madhu Koda on Monday moved an application in Special Court seeking summoning of former Prime Minister Manmohan Singh as an accused in a coal scam case.