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 »
