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CBI seeks more time from CVC to submit report on coal issue

Last Updated: Monday, September 03, 2012, 15:55

CBI has sought more time from Central Vigilance Commission to submit its status report on its probe into alleged irregularities in coal blocks allocation and utilisation.

Panel unhappy over coal blocks to pvt cos instead of CIL

Last Updated: Monday, September 03, 2012, 15:39

A parliamentary committee has expressed unhappiness over allocation of coal blocks to private firms - most of which have failed to develop them - instead of Coal India Ltd (CIL), prompting the government to state that 116 mines will be allotted to the state-owned firm.

CIL earned Rs 5,600 cr more than notified price in FY'12: Govt

Last Updated: Monday, September 03, 2012, 13:33

The government Monday said it has not taken any decision to discontinue e-auction of coal through which the world's largest coal producer CIL has earned Rs 5,600 crore more than the notified price in 2011-12.

Panel likely to review status of 58 coal blocks Monday

Last Updated: Sunday, September 02, 2012, 12:25

Coal Minister Sriprakash Jaiswal has also directed the officials in the Coal Ministry to submit a final report on the status of the 54 coal blocks by September 15.

Govt begins process of cancellation of mines to pvt firms: PM

Last Updated: Monday, August 27, 2012, 15:05

Rejecting charges of wrongdoing in coal block allocations, Prime Minister Manmohan Singh on Monday said the government has already initiated the process of cancelling mines to companies which failed to develop them and action would be taken against "wrongdoers" if any.

Rs.1.85 lakh crore coal blocks loss is flawed: Minister

Last Updated: Sunday, August 26, 2012, 09:13

The Comptroller and Auditor General (CAG) in a report to parliament last week said that lack of transparency in allocation of coal blocks to private players resulted in a notional loss of Rs.1.85 lakh crore (USD 37 billion) to the exchequer.

CAG report fallout: CBI may register multiple FIRs in coal scam

Last Updated: Tuesday, August 21, 2012, 19:25

The CBI is likely to register more than one FIRs in the alleged irregularities in allocation of coal blocks after it came across several cases of violation of norms by state government officials and allottees.

CBI starts verifying complaint of coal block scam

Last Updated: Friday, June 01, 2012, 16:26

The CBI has started verifying the allegations of irregularities in the allocation of coal blocks to private companies between 2006 and 2009.

Govt rejects charges against PM in coal block allocation

Last Updated: Sunday, May 27, 2012, 21:04

Rejecting allegations against Prime Minister Manmohan Singh in allocation of coal blocks, the government Sunday said the allotment was done in an "equitable and fair" manner.

Coal mining row: CAG hits back at Coal Minister

Last Updated: Tuesday, March 27, 2012, 23:43

Official auditor CAG may not alter the Rs 10.76 lakh crore loss to exchequer it had projected in the draft report on allocation of coal blocks in 2004-2009 but is likely to replace the term "loss" with a more acceptable usage "unintended benefit".

No CAG report on coal scam: PM

Last Updated: Thursday, March 22, 2012, 21:28

With media reports of audit raking up a coal scam, Prime Minister Manmohan Singh Thursday said the Comptroller and Auditor General (CAG) has clarified there is no report and maintained there was no need for him to clarify in Parliament.