Coal auction has curbed corruption: PM

Last Updated: Saturday, August 15, 2015, 11:02

Prime Minister Narendra Modi said on Saturday that around Rs.3 lakh crore will come into the government exchequer from the auction of coal blocks that helped curb corruption.

Coal auctions: Govt raises Rs 4,364 crore in third round

Last Updated: Thursday, August 13, 2015, 20:19

The third tranche of coal auctions that came to an end Thursday saw the government kitty swell by a total of Rs 4,364 crore.

Coal India Q1 net profit drops 7% to Rs 3,764.34 crore

Last Updated: Wednesday, August 12, 2015, 22:24

Coal India's consolidated net profit dropped by 6.6 percent to Rs 3,764.34 crore in the April-June quarter ended June 30, 2015 due to higher expenses.

Jharkhand coal block auction put off

Last Updated: Wednesday, August 12, 2015, 14:08

The government on Wednesday deferred the auction of Chitarpur coal mine in Jharkhand due to a court case.

Cabinet may consider Coal India stake sale proposal Wednesday

Last Updated: Tuesday, August 11, 2015, 23:01

The Cabinet may consider Wednesday 5-10 percent stake sale in Coal India that could fetch up to Rs 24,800 crore to the exchequer.

Cabinet may consider Coal India stake sale proposal on Wednesday

Last Updated: Tuesday, August 11, 2015, 22:07

Sources said the CIL stake sale proposal may be placed before the Cabinet, headed by Prime Minister Narendra Modi.

Coal auction Day 1: Govt garners Rs 2,529 crore from 2 mines

Last Updated: Tuesday, August 11, 2015, 21:10

The first day of third tranche of coal mines auctions Tuesday saw government garnering a total of Rs 2,529 crore from bidding of two blocks in Chhattisgarh and Maharashtra.

Coal auctions: Round 3 set to begin on Tuesday

Last Updated: Sunday, August 9, 2015, 15:38

The government this week released the list of technical bidders for the first five coal mines up for bidding in the third phase of coal block auctions beginning on Tuesday.

PMO asks Coal Ministry to increase fuel linkages to sectors

Last Updated: Sunday, August 9, 2015, 12:47

To ensure availability of fuel to industries, the Prime Minister's Office has asked the Coal Ministry to increase coal linkages to all sectors, including power.

Profit making PSUs may be asked to submit IPO plans to govt

Last Updated: Sunday, August 9, 2015, 11:58

Profit-making unlisted PSUs and their subsidiaries may have to submit listing plans while signing annual performance pacts with the government, a move aimed at helping the Centre garner resources and unlocking the value of many state-owned firms.

Abbott under attack for pro-Adani statement

Last Updated: Saturday, August 8, 2015, 23:03

"The courts exist to make decisions according to the law, not to further the interests of particular individuals or organisations, including government.