Coal India, GAIL to invest Rs 9000 cr in Talcher plant
Coal India Ltd, the world’s largest producer, and state gas utiltity GAIL India Ltd today signed agreements to invest Rs 9,000 crore in a plant to convert coal into gas and use this fuel to manufacture fertiliser. CIL and GAIL along with Rashtriya Chemicals and Fertilizers (RCF) and... read more »
You can hand in pre-2005 notes till June: RBI
MUMBAI: The Reserve Bank of India has extended the deadline for turning in pre-2005 currency notes to June 30, 2015. Earlier, all citizens had to turn them in by this month-end. The most visible difference between the old and new notes is that the latter carry the year of printing. As part of its... read more »
S Bhattacharya Appointed CMD of Coal India
New Delhi: Senior IAS officer S Bhattacharya has been appointed as the chairman and managing director of Coal India Ltd (CIL). The coal major was without a full time chief for the past six months. “The Appointments Committee of the Cabinet had a couple of days back cleared Bhattacharya for... read more »
Modi orders insurance, coal reforms after stymied by parliament
The cabinet approved an executive order on Wednesday to implement coal and insurance reforms, a government official said, underlining the administration’s resolve to push through economic measures despite political opposition in parliament. Under the order, foreign firms can increase their... read more »
SBI’s $1 bn promise to Adani group: The public bank has a lot of explaining to do
The Rs 6,200 crore loan agreement the State Bank of India (SBI) signed during Prime Minister Narendra Modi’s Australian visit to fund Gautam Adani’s Carmichael coal project in... read more »
‘Govt planning to auction more than 74 coal mines in 1st lot’
The auction will help meet the growing demand for the fuel, Coal Secretary Anil Swarup said in Mumbai on Friday, Nov 21. Of the 214 captive coal blocks cancelled by the Supreme Court on... read more »
Future Group acquires supermarket chain Nilgiris for Rs 300 crore
Future Consumer Enterprises (FCEL), the food and FMCG (fast-moving consumer goods) arm of the Kishore Biyani-led Future Group, has acquired Nilgiris, which runs a chain of convenience... read more »
Pankaj Advani swats away Paul Schopf
BANGALORE: With the airconditioning at the Sree Kanteerava Indoor Stadium working well, favourite Pankaj Advani, who struggled in the steamy conditions on the first two days, found some... read more »
Dilip Vengsarkar received Col CK Nayudu Lifetime achievement awar...
Former Indian cricket captain Dilip Vengsarkar on 21 November 2014 received the prestigious BCCI-instituted Colonel C K Nayudu Lifetime achievement award. He was conferred with the award for his... read more »
