The government on Wednesday began the second round of coal block auctions by putting on offer four blocks - all in Jharkhand - with firms including Adani Power, JSW Steel, SAIL and BALCO in the race. The mines on offer are Jitpur, Moitra, Brinda and Sasai.
The Supreme Court has cancelled all coal blocks except government run non-JV allotments. According to experts, this was on expected lines after the apex court had judged all coal block allocations post 1992 as illegal.
Prime Minister Narendra Modi on Friday assured Chhattisgarh Chief Minister Raman Singh of all necessary assistance for rescue and relief operations in gas leak accident at the Bhilai Steel Plant, a statement from the Prime Minister`s Office said.
Union Finance Minister Pranab
Mukherjee`s son Abhijit Mukherjee on Monday quit his job from Steel Authority of India Limited (SAIL) to join politics and contest the upcoming West Bengal Assembly elections.
The government on Monay said 60 state-owned companies are likely to hit the capital market in the next couple of years, with steel giant SAIL and coal major CIL coming out with IPOs in the next fiscal itself.
The Indian Navy``s solo round-the-world sailing mission “Sagar Parikrama” with Indian Naval Sailing Vessel (INSV) Mhadei on Friday crossed half way mark and safely reached Port Stanley of Falkland Islands, UK.