Central Vigilance Commission (CVC) has recommended penal action against three professors of Indian Institutes of Technology, including director of IIT-Patna for their alleged involvement in multi-crore `coalnet` scam.
State-owned Coal India Ltd is
moblising a Rs 1,600 crore funding for two of its ailing firms
-- BCCL and EC -- to take them out of the Board for Industrial
& Financial Reconstruction`s purview in the next two years.