Public sector enterprise escapes public glare in coal scandal ----------

New Delhi: The inter-ministerial group mandated to review coal allocations in the wake of Coalgate may not be able to take a final decision on 29 coal blocks given to private firms when it meets on

The biggest collateral damage in the witch-hunt against undeserving firms that were allocated coal blocks by the UPA is that some deserving candidates could find themselves facing the short end of

Reliance Power will soon be among the world’s largest coal companies while its power projects are on schedule to benefit from the captive coal availability, chairman Anil Ambani said.

New Delhi:The Comptroller and Auditor General (CAG) is likely to make a strong pitch for scrapping all controversial allocations of coal mines during its presentation to Parliament’s Public Account

The Prime Minister's Economic Advisory Council Chairman C Rangarajan today termed as "governance issue" the CAG's report critical of the allocation of coal blocks without auction.

While the CAG is right about resource allocation through competitive bidding, mineral resources are universally let out on annual lease and not auctioned off for a lump sum.