Fierce bidding for coal blocks raises viability concerns
The high prices at which steel and power companies are bidding and getting coal blocks allocated through the ongoing e-auction process are raising serious concerns as to whether these entities will cut corners on issues such as environment and workers’ safety once they embark on mining the blocks... read more »
Coal auction vindicates CAG stand: Nirmala Sitharaman
The ongoing auctioning of coal blocks has vindicated the Comptroller and Auditor General’s (CAG) criticism of the way the natural resources was allocated by the previous government, Commerce and Industry Minister Nirmala Sitharaman said on Thursday. “Certainly the CAG’s position has been... read more »
Vistara launches maiden flight service to Goa
Tata’s full service passenger carrier Vistara Friday launched its maiden flight between New Delhi and Goa and said that it will expand its fleet to six aircraft by April. The airline had earlier announced the launch of new services to Goa and Hyderabad from February 20 and March 1,... read more »
RIL shares fall; biggest drag on index
NEW DELHI: A day after Delhi Police arrested seven people, including government employees and a former journalist, whom they said ran a scam to steal official documents from India’s oil ministry and sell them to energy consultants and large private companies, shares of Reliance Industries... read more »
