Mining
Coal scam: Jharkhand ex-CM Koda, 6 others charged by CBI
12 Dec 2014
Former Jharkhand chief minister Madhu Koda and seven others have been charged by the CBI in a case related to the coal block allocation scam
BHP to name proposed spinoff company South32
09 Dec 2014
The new company’s name represents its major assets in the southern hemisphere in Australia and South Africa, linked by the 32nd parallel south of latitude and the company’s regional approach to managing its operations
NMDC cuts iron ore prices as demand dips
05 Dec 2014
Jindal Steel shelves $10-bn coal-to-diesel project: report
24 Nov 2014
Jindal, which used to own some of these coal blocks scrapped by the Supreme Court, will now have to deposit about Rs3,000 crore with the government by December as a levy for the coal it has dug out from the mines that now stand cancelled
SBI defends $1bn Adani loan against ‘crony capitalism’ charge
21 Nov 2014
SBI chief Arundhati Bhattacharya clarified that the bank has only entered into a memorandum of understanding with the group and that funds would only be released after due diligence
Government announces draft rules for e-auction of coal blocks
19 Nov 2014
While the government said the auction will not be a "revenue maximising exercise", it has proposed a cap on the number of blocks one entity can bid for so as to ensure that coal blocks are not monopolised
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