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Somagudem Coal Mines Bo

Everything you need to know about Somagudem Coal Mines Bo: news, reviews, in-depth analysis, opinion and more

Everything you need to know about Somagudem Coal Mines Bo: news, reviews, in-depth analysis, opinion and more

Two officials sacked after mine flood in China

May 3, 2012 at 2:30 PM

Beijing, May 3 (IANS) Two officials in China have been sacked following flooding in a coal mine that left nine people dead, the authorities said Thursday.

Two officials dismissed after China mine flood

May 3, 2012 at 12:06 PM

Hegang (Heilongjiang Province, China), May 3 (Xinhua-ANI): Two officials who are being held responsible for a coal mine flood that left nine people dead and five others missing in northeast China's Heilongjiang province have been removed from their posts, authorities said Thursday.

Sensex closes in red, down 0.10 percent (Roundup)

May 2, 2012 at 6:24 PM

Mumbai, May 2 (IANS) A benchmark index for Indian equities markets Wednesday closed in the red, dropping marginally and snapping three days of gains, as lower-than-expected manufacturing data and negative European markets dampened sentiments.

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Coal workers threaten to go on strike

May 2, 2012 at 3:54 PM

New Delhi, May 2 (IANS) A trade union associated with the Nationalist Congress Party (NCP) Wednesday threatened to go on strike from July 10 against alleged irregularities in allocation of coal blocks to private firms and exploitation of coal workers.

Sensex up 17.31 points in afternoon trade

May 2, 2012 at 3:54 PM

Mumbai, May 2 (IANS) A benchmark index for Indian equities markets was trading 17.31 points higher Wednesday, led by good buying support for consumer durables, bank and IT stocks.

Sensex up 71 points in afternoon trade

May 2, 2012 at 12:42 PM

Mumbai, May 2 (IANS) A benchmark index for Indian equities markets was trading 70.90 points higher in the afternoon session Wednesday, led by good buying support for consumer durables, bank and information technology (IT) stocks.

Congress mocks Bal Thackeray's remark on Sachin's RS nomination

April 29, 2012 at 8:10 PM

Kanpur, Apr 29 (ANI): Congress leader and Coal Minister Sriprakash Jaiswal on Sunday took a dig at Shiv Sena chief Bal Thackeray over his statements on Tendulkar, saying other political parties could not digest the fact that Tendulkar had been nominated by the Congress-led central government.

Sensex gains 53.09 points in special trade

April 28, 2012 at 4:58 PM

Mumbai, April 28 (IANS) A benchmark index for Indian equities markets in a special trading session Saturday gained 53.09 points to close at 17,187.34 points.

Sensex ends in red; power, realty, auto stocks fall

April 26, 2012 at 7:30 PM

Mumbai, April 26 (IANS) Indian equities markets benchmark indices witnessed choppy trading Thursday, a day after ratings agency Standard & Poor's lowered its outlook to "negative" from "stable" on India's long-term sovereign ratings and also on major firms.

Sensex ends 56 points down ahead of F&O expiry

April 25, 2012 at 5:25 PM

Mumbai, April 25 (IANS) A benchmark index for Indian equities markets closed 56 points lower Wednesday in choppy trade ahead of April futures and options expiry Thursday and after rating agency Standard & Poor's cut India's growth outlook from stable to negative.

Sensex rises 100 points; TCS, Wipro surge

April 24, 2012 at 1:08 PM

Mumbai, April 24 (IANS) A benchmark index for Indian equities markets was trading 100 points higher in the afternoon session Tuesday, led by more than 12 percent surge in the share price of Tata Consultancy Services (TCS).

'More private participation needed in power distribution'

April 23, 2012 at 10:44 PM

Kolkata, April 23 (IANS) Pitching for more private sector participation in power distribution, the Central Electricity Regulatory Commission (CERC) has said it would help improve efficiency and bring down aggregate technical and commercial (AT&C) losses.

Sensex falls after previous rallies (Roundup)

April 20, 2012 at 5:09 PM

Mumbai, April 20 (IANS) Indian equities were in the red Friday after a key index opened lower and closed trade 130 points down under selling pressure. The index had risen more than 400 points this week after the country's central bank announced an interest rate cut.

Sensex closes 0.2 percent higher at 17,392.39 points (Intro Roundup)

April 18, 2012 at 7:17 PM

Mumbai, April 18 (IANS) A benchmark index for Indian equities markets closed 34.45 points or 0.2 percent higher Wednesday, a day after the Reserve Bank of India (RBI) announced a cut in key interest rate.

Sensex closes at 34 points (Roundup)

April 18, 2012 at 5:17 PM

Mumbai, April 18 (IANS) A benchmark index for Indian equities markets closed 34.45 points or 0.20 percent higher Wednesday, a day after the Reserve Bank of India (RBI) announced a cut in key interest rate.

Rate cut will stimulate growth: Montek

April 17, 2012 at 7:57 PM

Bangalore, April 17 (IANS) Reduction of 50 basis points in repurchase (repo) rate by the Reserve Bank of India (RBI) would stimulate growth and put the economy back on rail, Planning Commission Deputy Chairman Montek Singh Ahluwalia said Tuesday.

Coal India to ink fuel supply pact before April 20

April 16, 2012 at 10:35 PM

Kolkata, April 16 (IANS) Bringing relief to the country's power sector, Public sector Coal India Limited (CIL) Monday said it would sign a Fuel Supply Agreement (FSA) with power companies before April 20.

Coal India to ink fuel supply pact April 20

April 16, 2012 at 9:23 PM

Kolkata, April 16 (IANS) Public sector Coal India Limited (CIL) will sign a fuel supply agreement (FSA) with power companies by April 20, a top official said Monday.

Illegal explosives caused China building collapse

April 16, 2012 at 7:39 AM

Beijing, April 16 (IANS) As nine people were killed in eastern China Sunday after a building collapsed following an explosion, the authorities said it had been caused by explosives illegally stored in the garage, Xinhua reported.

Trans Damodar Coal Mining Project inaugurated

April 13, 2012 at 8:43 PM

Bankura (West Bengal), April 13 (IANS) West Bengal Chief Minister Mamata Banerjee Friday inaugurated the Trans Damodar Coal Mining Project at Barjora in Bankura district.

Sensex tanks 238 points on poor Infosys growth outlook

April 13, 2012 at 6:03 PM

Mumbai, April 13 (IANS) A benchmark index for Indian equities markets fell 238 points Friday on poor 2012-13 revenue guidance from technology bellwether Infosys and Eurozone woes.

Don't blame environment ministry for coal shortage: Natarajan

April 11, 2012 at 2:43 PM

New Delhi, April 11 (IANS) The shortage of coal should not be blamed on green clearances as the environment ministry has given licences for coal mining and power projects way beyond the energy targets for 2017, Environment Minister Jayanthi Natarajan said Wednesday.

Chinese coal demand to drop in Q2

April 9, 2012 at 8:09 AM

Beijing, April 9 (IANS) Demand for coal in China will drop during the second quarter of the current fiscal year, an expert said.

CIL yet to take decision on Presidential directive to ink fuel supply agreement

April 4, 2012 at 9:12 PM

New Delhi, Apr 4 (ANI): Coal India Limited (CIL) on Wednesday said that they have initiated the process to 'legally vet' the Presidential directive, which required it to sign fuel supply agreements (FSAs) with independent power producers.

Coal India ordered to sign fuel supply pact with power firms

April 3, 2012 at 8:32 PM

New Delhi, April 3 (IANS) The government Tuesday ordered Coal India to sign fuel supply agreements (FSAs) with power producers committing at least 80 percent assured supply.

CCL's production reaches 48.01 MT in 2011-2012

April 3, 2012 at 8:00 PM

Ranchi, April 3 (IANS) Central Coalfields Limited (CCL), a subsidiary of Coal India Ltd(CIL), has produced 48.01 million tonnes (MT) coal in 2011-12, over the previous fiscal's total 47.52 MT, a company statement said Tuesday.

Core industries' growth rises by 6.8 percent

March 29, 2012 at 3:37 PM

New Delhi, March 29 (IANS) Growth in eight core industries, including electricity, coal, cement, steel and crude oil, rose by 6.8 percent in February against 0.5 percent in the previous month, raising hopes of a revival in the overall factory output, official data showed Thursday.

GVK bags Asia Deal of the Year award

March 29, 2012 at 3:36 PM

Hyderabad, March 29 (IANS) Leading infrastructure developer GVK has been bagged the 'Asia deal of the year' and the 'Asia outbound investor of the year' awards for its acquisition of the Australia-based Hancock Coal and infrastructure projects for $1.26 billion.

Sensex rises 204 points on short covering, tax clarity (Roundup)

March 27, 2012 at 4:56 PM

Mumbai, March 27 (IANS) A benchmark index for Indian equities markets Tuesday closed 204 points higher on short covering before the month's contract expiry and after reports that the government was not planning to tax all foreign investors except those who fail regulatory checks.

CAG's observation is notional and imaginary: Jaiswal

March 27, 2012 at 4:48 PM

Union Coal minister Sri Prakash Jaiswal who has suddenly come into the limelight after exposing the alleged India's biggest scam worth Rs.10.67 lakh crore, on Monday said that CAG's observation were 'notional and imaginary'.......

Coal Minister Jaiswal slams finance ministry over jewellery excise duty hike

March 26, 2012 at 5:52 PM

Kanpur, Mar.26 (ANI): Union Coal Minister Sriprakash Jaiswal has criticised the Ministry of Finance's decision to raise the excise duty hike on jewellery announced in this year's budget.

Could there be a coal scam-taking place in Arunachal also?

March 25, 2012 at 7:20 PM

New Delhi, Mar 25 (ANI): When the alleged coal scandal rocked the nation a couple of days ago, forcing the Congress-led UPA Government to go on the defensive and give a clarification, a similar scam appears to have taken root in Congress-ruled Arunachal Pradesh.

Allocation of coal mining blocks by Central government 'arbitrary', says Prakash Karat

March 24, 2012 at 10:00 PM

Jammu, Mar 24 (ANI): The General Secretary of the Communist Party of India-Marxist (CPI-M) Prakash Karatsaid on Saturday that Central government had adopted an 'arbitrary' approach in the allocation of coal mining blocks to commercial entities.

BJP slams Manmohan Singh over coal scam row

March 23, 2012 at 8:48 PM

New Delhi, Mar 23 (ANI): The Bharatiya Janata Party (BJP) on Friday lashed at Prime Minister Dr. Manmohan Singh over the alleged multi crore coal scam in which the country has reportedly lost up to 11 lakh crore rupees in revenue.

Jharkhand stops land acquisition for BCCL

March 23, 2012 at 8:02 PM

Ranchi, March 23 (IANS) The Jharkhand government has stopped land acquisition for Coal India Ltd. (CIL) subsidiary Bharat Coking Coal Limited (BCCL) as it was not following the prescribed rehabilitation policy, the state assembly was informed Friday.

Sensex recovers, closes 165 points up on value buying (Roundup)

March 23, 2012 at 8:02 PM

Mumbai, March 23 (IANS) Amid volatile trade, a benchmark index for Indian equities markets Friday closed 165 points higher, led by buying in recently battered stocks. Global cues were, however, in the negative.

Gas policy reforms will incentivise production, draw investors: PM

March 23, 2012 at 8:01 PM

New Delhi, March 23 (IANS) The government is looking at reforming its gas pricing policy to attract investors, Prime Minister Manmohan Singh said Friday, adding that remunerative prices were necessary to draw private players with expertise in the sector.

Coal scam row: Jaiswal defends released CAG letter

March 23, 2012 at 2:48 PM

New Delhi, Mar 23 (ANI): Union Coal Minister Sriparakash Jaiswal on Friday rubbished report that the government released bits of Comptroller and Auditor General (CAG) letter to deny coal scam report, saying the motive was to provide full information in a concise manner.

Coal scam: Communist leaders demand answers from PM

March 22, 2012 at 8:44 PM

New Delhi, Mar 22 (ANI): Communist Party of India (CPI) leader D. Raja on Thursday sought an explanation from Prime Minister Dr. Manmohan Singh over a Comptroller and Auditor General (CAG) report on coal block allocation that reported a loss of Rs 10.67 lakh crores.

BJP holds PM, Sonia responsible for coal scam

March 22, 2012 at 8:43 PM

New Delhi, Mar 22 (ANI): Charging the Centre of being corrupt from head to toe, the Bharatiya Janata Party (BJP) on Thursday said both Prime Minister Dr. Manmohan Singh and UPA chairperson Sonia Gandhi should be held responsible for the coal scam.

Coal scam: 'Draft reports are never raised in Parliament', says Shukla

March 22, 2012 at 8:43 PM

New Delhi, Mar 22 (ANI): With proceedings in both Houses of Parliament being adjourned for some time on Thursday following opposition pressure over a Comptroller and Auditor General (CAG) report on coal block allocation that reported a loss of nearly 11 lakh crores, Congress lawmaker Rajiv Shukla defended the government, saying that draft reports are never raised in Parliament, as it was wrong convention.

Jagdambika Pal defends Govt. over CAG report on coal block allocation

March 22, 2012 at 8:43 PM

New Delhi, Mar 22 (ANI): Amid sharp criticism from leaders of various political outfits over a Comptroller and Auditor General (CAG) report on coal block allocation that reported a loss of Rs 10.67 lakh crore, Congress leader Jagdambika Pal on Thursday defended the government, saying if the coalfields had been auctioned, it would have led to a rise in the cost of power generation.

Parliament adjourned over CAG coal mining report exposing Rs 11 lakh crore scam

March 22, 2012 at 8:42 PM

New Delhi, Mar 22 (ANI): Proceedings in both houses of Parliament were adjourned till noon on Thursday morning after the opposition raised a stink over a Comptroller and Auditor General (CAG) report on coal block allocation that reported a loss of nearly 11 lakh crores.

Coal scam: Swamy pulls up UPA Govt., says more scandals are yet to emerge

March 22, 2012 at 8:41 PM

New Delhi, Mar 22 (ANI): Taking on the UPA Government over a Comptroller and Auditor General (CAG) report on coal block allocation that reported a loss of Rs 10.67 lakh crores, Janata Party President Subramanian Swamy on Thursday said a few more scandals are yet to come out, and added that the total loss to the nation would be more than the GDP of the country.

Baba Ramdev attacks on govt., asked to clear its stand over Coal scam

March 22, 2012 at 7:30 PM

After publishing the 'leaked' report of Comptroller and Auditor General (CAG) in Times of India, Yog Guru Baba Ramdev has once again pointed his gun towards the government and asked Prime Minister....

Govt. clears its stand on Coal scam; FM says CAG report was only draft report

March 22, 2012 at 5:17 PM

Facing the severe criticism from opposition over the issue of 'leaked' CAG (Comptroller and Auditor General) report on an alleged illegal allocation of coal mine blocks that have hurt the central exchequer ......

Coal scam: Swamy pulls up UPA Govt., says more scandals are yet to emerge

March 22, 2012 at 5:04 PM

New Delhi, Mar 22 (ANI): Taking on the UPA Government over a Comptroller and Auditor General (CAG) report on coal block allocation that reported a loss of Rs 10.67 lakh crores, Janata Party President Subramanian Swamy on Thursday said a few more scandals are yet to come out, and added that the total loss to the nation would be more than the GDP of the country.

BJP holds PM, Sonia responsible for coal scam

March 22, 2012 at 4:16 PM

New Delhi, Mar 22 (ANI): Charging the Centre of being corrupt from head to toe, the Bharatiya Janata Party (BJP) on Thursday said both Prime Minister Dr. Manmohan Singh and UPA chairperson Sonia Gandhi should be held responsible for the coal scam.

CAG report on Coal allocation puts UPA on back foot

March 22, 2012 at 4:08 PM

The latest revealing by Comptroller and Auditor General regarding allotment of coal blocks without auction has created a new trouble for UPA govt.

Coal scam: 'Draft reports are never raised in Parliament', says Shukla

March 22, 2012 at 4:00 PM

New Delhi, Mar 22 (ANI): With proceedings in both Houses of Parliament being adjourned for some time on Thursday following opposition pressure over a Comptroller and Auditor General (CAG) report on coal block allocation that reported a loss of nearly 11 lakh crores, Congress lawmaker Rajiv Shukla defended the government, saying that draft reports are never raised in Parliament, as it was wrong convention.

Jagdambika Pal defends Govt. over CAG report on coal block allocation

March 22, 2012 at 4:00 PM

New Delhi, Mar 22 (ANI): Amid sharp criticism from leaders of various political outfits over a Comptroller and Auditor General (CAG) report on coal block allocation that reported a loss of Rs 10.67 lakh crore, Congress leader Jagdambika Pal on Thursday defended the government, saying if the coalfields had been auctioned, it would have led to a rise in the cost of power generation.

Coal scam: Communist leaders demand answers from PM

March 22, 2012 at 2:48 PM

New Delhi, Mar 22 (ANI): Communist Party of India (CPI) leader D. Raja on Thursday sought an explanation from Prime Minister Dr. Manmohan Singh over a Comptroller and Auditor General (CAG) report on coal block allocation that reported a loss of Rs 10.67 lakh crores.

Parliament adjourned over CAG coal mining report exposing Rs 11 lakh crore scam

March 22, 2012 at 12:49 PM

New Delhi, Mar 22 (ANI): Proceedings in both houses of Parliament were adjourned till noon on Thursday morning after the opposition raised a stink over a Comptroller and Auditor General (CAG) report on coal block allocation that reported a loss of nearly 11 lakh crores.

Vedanta to merge Sterlite and Sesa Goa in $14 bln deal

February 26, 2012 at 10:55 AM

London, Feb 26 (ANI): Indian commodities giant Vedanta has planned to merge two of its largest subsidiaries, Sterlite Industries and Sesa Goa, in a near 14 billion dollars deal.

Will abide and duly respond to Election Commission directive: Jaiswal

February 25, 2012 at 9:44 PM

Vrindavan, Feb 25 (ANI): Union Coal Minister Sriprakash Jaiswal on Saturday said he would abide and duly respond to the Election Commission directive issued to him over his President's rule remark.

EC sends notice to Sri Prakash Jaiswal

February 24, 2012 at 10:10 PM

New Delhi, Feb.24 (ANI): The Election Commission on Friday sent a notice to Union Coal Minister Sri Prakash Jaiswal over his recent remark that if the Congress did not win elections in Uttar Pradesh, President's rule should be imposed in the state.

EC sends notice to Sri Prakash Jaiswal

February 24, 2012 at 8:47 PM

New Delhi, Feb.24 (ANI): The Election Commission on Friday sent a notice to Union Coal Minister Sri Prakash Jaiswal over his recent remark that if the Congress did not win elections in Uttar Pradesh, President's rule should be imposed in the state.

Congress pulls up Coal Minister Jaiswal for suggesting president's rule in UP

February 23, 2012 at 8:28 PM

New Delhi, Feb.23 (ANI): The Congress Party has reportedly pulled up Coal Minister Sriprakash Jaiswal for suggesting president's rule in Uttar Pradesh if the party failed to get a majority in the state assembly polls.

Congress pulls up Coal Minister Jaiswal for suggesting president's rule in UP

February 23, 2012 at 1:08 PM

New Delhi, Feb.23 (ANI): The Congress Party has reportedly pulled up Coal Minister Sriprakash Jaiswal for suggesting president's rule in Uttar Pradesh if the party failed to get a majority in the state assembly polls.

Strengthening India-Belarus ties

February 22, 2012 at 9:48 PM

New Delhi, Feb 22 (ANI): The third round of Foreign office consultations between India and Belarus were held in New Delhi on 21-22 February.

Strengthening India-Belarus ties

February 22, 2012 at 5:24 PM

New Delhi, Feb 22 (ANI): The third round of Foreign office consultations between India and Belarus were held in New Delhi on 21-22 February.

Low-carbon technologies 'no quick-fix' for global warming

February 16, 2012 at 7:38 PM

Washington, Feb 16 (ANI)): Researchers have suggested that a drastic switch to low carbon-emitting technologies, such as wind and hydroelectric power, may not yield a reduction in global warming until the latter part of this century.

Manmohan Singh initiates action to increase supply of coal for power projects

February 15, 2012 at 5:38 PM

New Delhi, Feb 15 (ANI): Prime Minister Dr. Manmohan Singh, who recently met a delegation of industrialists representing the majority of power producers in the country, has assured them that his office will work out a road map to deal with the problems relating to power sector.

Sibal wants BJP to apologise for dragging Chidambaram's name in 2G scam

February 4, 2012 at 7:42 PM

New Delhi, Feb 4 (ANI): Welcoming the trail court's judgment, Union Human Resources Development Minster Kapil Sibal on Saturday said that the Bharatiya Janata Party (BJP) should apologise for 'dragging' Union Home Minister P. Chidambaram's name in the 2G spectrum scam case.

Sibal wants BJP to apologise for dragging Chidambaram's name in 2G scam

February 4, 2012 at 4:20 PM

New Delhi, Feb 4 (ANI): Welcoming the trail court's judgment, Union Human Resources Development Minster Kapil Sibal on Saturday said that the Bharatiya Janata Party (BJP) should apologise for 'dragging' Union Home Minister P. Chidambaram's name in the 2G spectrum scam case.

Jaiswal demands apology from BJP for demanding PM resignation in 2G case

February 3, 2012 at 9:18 PM

Gorakhpur, Feb 3 (ANI): Lashing out at the Bharatiya Janata Party (BJP) for demanding the resignation of Prime Minister Manmohan Singh over the 2G spectrum case, Union Coal Minister Sriprakash Jaiswal has demanded an apology from the party after the Supreme Court gave a clean chit to the Prime Minister on the issue.

Jaiswal demands apology from BJP for demanding PM resignation in 2G case

February 3, 2012 at 12:12 PM

Gorakhpur, Feb 3 (ANI): Lashing out at the Bharatiya Janata Party (BJP) for demanding the resignation of Prime Minister Manmohan Singh over the 2G spectrum case, Union Coal Minister Sriprakash Jaiswal has demanded an apology from the party after the Supreme Court gave a clean chit to the Prime Minister on the issue.

Ramdev is not saint but a politician: Sriprakash Jaiswal

January 22, 2012 at 11:11 AM

Kanpur, Jan 22 (ANI): Slamming Baba Ramdev, Union Coal Minister Sriprakash Jaiswal has said that the yoga guru was not a saint but a politician whose objective was to play politics.

Naveen Jindal meets Mukherjee; discuss power sector reform issues

January 19, 2012 at 9:15 PM

New Delhi, Jan 19 (ANI): Lawmaker and industrialist Naveen Jindal has said that Finance Minister Pranab Mukherjee has assured to act swiftly on problems faced by industrialists dealing with power sector.

Naveen Jindal meets Mukherjee; discuss power sector reform issues

January 19, 2012 at 11:19 AM

New Delhi, Jan 19 (ANI): Lawmaker and industrialist Naveen Jindal has said that Finance Minister Pranab Mukherjee has assured to act swiftly on problems faced by industrialists dealing with power sector.

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