UPA government would be remembered for introducing populist schemes like MNREGA and others. Also its inability to tackle the challenges faced by the Indian economy – unemployment, inflation, non implementation of policy and corruption. One of the...
The management of Coal India failed to convince its board of directors on the feasibility of a price pooling mechanism to fulfil its proposed supply commitments to power plants commissioned since April 2009. Opposing the...
Failing to protect the interest of minority shareholders Coal India Ltd may face legal action from UK-based hedge fund TCI. TCI is protesting very strongly against Fuel Supply Agreement (FSA) which commits Coal supply by...
The Government today directed Coal India[stockquote]COALINDIA[/stockquote] to sign 20-year fuel supply agreements (FSAs) with power producers within a week. A ‘Presidential directive’ was issued to CIL asking it to sign FSAs for committed supplies. However,...