'VRS proposal in 3 HMT Cos awaiting CCEA approval'

Last Updated: Thursday, December 18, 2014, 17:50

There are 17 HMT units in India and all the units are in operation and none of them are closed.

CBI examines Chidambaram in Aircel-Maxis case

Last Updated: Tuesday, December 16, 2014, 17:19

CBI has examined former Finance Minister P Chidamabaram in connection with the Foreign Investment Promotion Board (FIPB) clearance given to Rs 3500- crore Aircel-Maxis deal in 2006.

Fert Min for continuation of subsidy to closed urea plants

Last Updated: Wednesday, December 3, 2014, 21:41

To maintain domestic production of urea in the country, Fertilizer Ministry will soon move a Cabinet note for continuation of subsidy to three closed naptha-based urea plants, including that of a UB Group firm.

LPG cap hiked from 9 to 12; Aadhar-linked subsidy scheme suspended

Last Updated: Thursday, January 30, 2014, 18:10

Oil Minister M Veerappa Moily said raising the quota of subsidised LPG to 12 cylinders from nine at present, will cost Rs 5,000 crore in additional subsidy annually.

Subsidised LPG cylinder cap hiked from 9 to 12 per yr; effective from April

Last Updated: Thursday, January 30, 2014, 15:53

Bowing to party pressure, the government Thursday raised the quota of subsidised LPG to 12 cylinders per household in a year from nine at present and also put on hold paying users the subsidy into bank accounts using Aadhaar platform.

Cabinet may consider raising LPG cylinder cap to 12 Thursday

Last Updated: Thursday, January 30, 2014, 08:58

The Cabinet Committee on Economic Affairs may consider raising the quota of subsidised LPG cylinder from nine to 12 per household at a meeting on Thursday.

CCEA may consider tomorrow incentives for raw sugar export

Last Updated: Wednesday, January 29, 2014, 18:38

The Cabinet Committee on Economic Affairs (CCEA) is likely to consider Thursday a proposal to give a cash subsidy of Rs 2,000 per tonne for export of four million tonnes of raw sugar for a period of two years.

CCEA may modify earlier directions on 61 blocks tomorrow

Last Updated: Wednesday, January 29, 2014, 18:29

The Cabinet Committee on Economic Affairs (CCEA) in a meeting Thursday is likely to modify its directions on 61 coal blocks, which have been issued notices for not starting production.

Hindustan Zinc and Sesa Sterlite say there is no plan to merge

Last Updated: Thursday, January 23, 2014, 21:37

Hindustan Zinc and Sesa Sterlite, group companies of mining and metal major Vedanta Resources, have said they are not considering a plan to merge.

HZL rallies 7% as CCEA approves sale of govt's residual stake

Last Updated: Tuesday, January 21, 2014, 14:09

Shares of Hindustan Zinc Tuesday rose almost 7 percent in trade after the Cabinet Committee on Economic Affairs (CCEA) approved the sale of the government's residual stake in HZL.

No final view in CCEA meet pertaining to coal mines allocation

Last Updated: Monday, January 13, 2014, 20:28

The Cabinet Committee on Economic Affairs (CCEA) Monday did not a take final view after meeting here to discuss the course of strategy in connection with coal blocks allocation to companies, which have not been able to commence production.

Vodafone's Rs 10,141-cr FDI proposal referred to CCEA: FinMin

Last Updated: Monday, January 13, 2014, 17:37

Finance Ministry Monday said the Rs 10,141-crore proposal of Vodafone to buyout minority stake in its Indian arm has been referred to the Prime Minister headed Cabinet Committee on Economic Affairs (CCEA) for approval.