Coal India to benefit from mining reforms

The government has finally paved the way for ending the state monopoly, by allowing commercial mining in the private sector. The backdrop for the Coal Mines (Nationalisation) Act (CMNA) of 1973,......

Chatterjee Group takes Bengal govt to int'l court

To find a solution to the long running legal battle, the Purnendu Chatterjee-led firm, The Chatterjee Group, has approached the International Court of Arbitration, under the International Chamber......

Haldia Petro scouts for equity partners

Even as uncertainty looms over the ownership of Haldia Petrochemicals Ltd (HPL), the management of eastern India's largest petrochemicals company is now on the lookout for equity partners for its......

CIL eyes 15% stake in Aussie firm for $100 mn

Coal India Ltd, the world's largest coal producer, may buy up to a 15 per cent stake in US-based Peabody Energy Corp's Australian assets early next fiscal for an estimated USD 100 million (about Rs......