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February 15, 2015 9:00 PM
On the second day of coal auction, Hindalco Industries today walked away with a coal mine in Jharkhand. Coal Secretary Anil Swarup confirmed the development saying that Kathautia mine goes to Hindalco for 30 years at 6,800 crore rupees. GMR and Reliance Cement bagged one mine each yesterday for an e...
February 15, 2015 8:00 PM
Petrol price has been hiked by 82 paise a litre while the diesel price has gone up by 61 paise per litre in Delhi including State levies. Increase in retail selling price of both the petroleum products will go up in other states depending on the levies charged on petrol and diesel.The new rates will...
February 15, 2015 7:11 PM
Petrol price has been hiked by 82 paise a litre while the diesel price has gone up by 61 paise per litre including State levies. The new rates will come into effect from midnight tonight.Indian Oil Corporation in a statement said that the prices of these two fuels have been hiked in view of the stee...
February 15, 2015 7:09 PM
The government today received 130 preliminary bids from companies for 21 coal blocks on offer in the second tranche of ongoing auction. A maximum of 16 bids came for Utkal coal block in Odisha while a block in Chhattisgarh received 13 bids from various bidders. Official sources said in New Delhi tha...
February 14, 2015 9:14 PM
Auction of coal blocks began today, with two mines being offered on day one.Anil Ambani-led Reliance Cement bagged the first mine through e-bidding for Rs. 798 crore.Reliance Cement bagged the Sial Ghoghri coal mine in Chhindwara district of Madhya Pradesh.The mine has total reserves of 29.38 millio...
February 14, 2015 8:13 PM
Auction of coal blocks began today, with two mines being offered on day one. Anil Ambani-led Reliance Cement bagged the first mine through e-bidding for Rs. 798 crore.Reliance Cement bagged the Sial Ghoghri coal mine in Chhindwara district of Madhya Pradesh.The mine has total reserves of 29.38 milli...
February 14, 2015 12:35 PM
Prime Minister Narendra Modi today made a strong pitch for the ambitious 'Make in India' campaign and assured a predictable policy regime for business. Speaking at the inauguration of a GE facility in Pune, Mr Modi said, India is the fastest growing economy in the world with a GDP ...
February 14, 2015 12:21 PM
Prime Minister Narendra Modi today made a strong pitch for the ambitious 'Make in India' campaign and assured a predictable policy regime for business. Speaking at the inauguration of a GE facility in Pune, Mr Modi said, India is the fastest growing economy in the world with a GDP ...
February 14, 2015 12:02 PM
In a major setback to the Coal block auction, the Delhi High Court (HC) gave relief to several companies like Jindal Steel and Power Limited (JSPL), Jindal Power Limited (JPL) and Sesa Sterlite disqualified from participating in the bidding .The High Court conducted hearing on the issue in phases ti...
February 14, 2015 9:52 AM
SBI Chairperson Arundhati Bhattacharya has said it was not looking forward to merge any of its associate banks with itself. Speaking to reporters in Mumbai Friday, Ms. Bhattacharya said SBI expects all associate banks to turn in better results in the next financial year. SBI has five associate banks...
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