18 bluechip PSUs lacks required number of independent directors: CAG
NEW DELHI: Eighteen state-run firms, including bluechips like ONGC, IOC, OIL and GAIL, did not have the required number of independent directors more....
Coal India Told To Supply Coal To Utilities With Initial Pact
NEW DELHI – The Indian government has asked state-run Coal India Ltd. (533278.BY) to supply fuel to new power more....
NTPC extends deadline for coal import tenders
NTPC has extended the deadline for its global tender for importing five million tonne of coal by another more....
LIC investment in ONGC profitable: Namo Narain Meena
NEW DELHI: Amid rising speculation that the country's largest insurer incurred heavy losses in a bid to save the Rs 12,400-crore disinvestment auction plan more....
ONGC Tripura unit I to run by month-end
The first unit of ONGC Tripura Power Company's 2 X 363.3 MW gas-based power plant in Palatana may become operational by end-May. Power generation and stabilization of more....
Western Coalfields will have to pay more for land in Maharashtra
Western Coalfields Ltd, a subsidiary of Coal India, will have to pay a significantly higher price for acquiring land in Maharashtra. more....
Govt to infuse Rs 30,000 crore in Air India over 9 years
The government will infuse about Rs. 30,000 crore in cash-strapped Air India over the next nine years as part of a turn around plan for the state-run airline,more....
Action hots up in TCS, BHEL futures contracts
MUMBAI: Traders and smart investors have been betting big time on futures contracts of TCS and Bharat Heavy Electricals (BHEL), which have seen a substantial build up more....
No staff shortage in Air India: Government
NEW DELHI: There is no staff shortage in Air India which now has a strength of 26,851 employees, including 1543 pilots, more....
NTPC WINS GOLDEN PEACOCK AWARD FOR CORPORATE SOCIAL RESPONSIBILITY
NTPC has been bestowed with Golden Peacock Award for Corporate Social Responsibility (CSR) 2012 constituted by Institute of Directors (IOD),more....
Coal India refuses supply to new power plants
In a twist to the unending drama over coal supply, Coal India Ltd (CIL) has refused to supply to power plants commissioned since December 2011. more....
Indian Oil raises Rs 1200 crore debt at 9.35%
New Delhi: State-owned Indian Oil Corporation has raised Rs. 1,295 crore from the domestic bond market at a coupon rate of 9.35% a year for meeting its capacity expansion and working capital requirements, the company stated here. more....
House panel calls for inquiry into LIC’s ONGC share buy
The government may have tried its best to justify LIC’s last minute purchase of shares in ONGC’s offer, but an unconvinced Parliamentary panel has directed the insurance regulator to more....
"BSNL borrowed Rs.1,320.47 crore for capital expenditure
State-run Bharat Sanchar Nigam Ltd (BSNL) borrowed Rs.1,320.47 crore ($25 million) from the market for capital expenditure in 2010-11, Minister of State for Communications and IT Milind Deora more....
Power Ministry to notify short-term power purchase norms next month
NEW DELHI: Looking to bring in more transparency, the Power Ministry is expected to introduce competitive bidding guidelines for short-term procurement of electricity next month more....
Govt mulls 10% stake sale in Nalco
Coal India misses production target, expect outages
BHEL withdraws plans for follow-on offer
State-owned BHEL on Tuesday said it has withdrawn the initial papers for the follow-on offer filed with Securities and Exchange Board of India (SEBI), following an instruction by the Finance Ministry.
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Coal India issued Presidential directive to supply coal to power firms
Coal India (CIL), the largest coal miner in the world, under a Presidential directive has been ordered by the government to sign fuel supply agreements (FSAs) with power producers, committing at least 80 per cent assured supply.
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21 May, 2012 10:53 IST 
