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 »
Kotak Mahindra, ING Vysya shares soar following merger buzz
Shares of ING Vysya Bank and Kotak Mahindra Bank are witnessing aggressive buying on unconfirmed reports that Kotak Mahindra Bank to acquire ING Vysya Bank and may merge ING with... read more »
Coal block auction to have cushion against tariff shock
NEW DELHI: The government will protect power consumers from getting a tariff shock from coal block auction and cap the number of mines or quantity of reserves that goes to one entity with a... read more »
US court overturns bid by Ranbaxy to block launch of rival generic drugs
A US court has denied a request by drugmaker Ranbaxy Laboratories Ltd to stop competitors from launching copies of AstraZeneca Plc’s heartburn pill Nexium and Roche’s antiviral... read more »
CBI conducts raids on Saradha offices in Kolkata
KOLKATA: Probing the multi-crore-rupee Saradha scam, the CBI on Thursday raided three offices of the tainted group in the city. Since morning, Central Bureau of Investigation (CBI) sleuths... read more »
Kidnapped boy, 13, found dead in drain
The body of a 13-year-old boy, who was kidnapped near his home in Gandhinagar, East Delhi, on Tuesday, was found in a drain in Geeta Colony on Wednesday. Police said Utkarsh Verma, a student of Class... read more »
