The Competition Appellate Tribunal (Compat) has directed cement companies to pay 10 per cent of the penalty of Rs 6,307 crore imposed on them by the Competition Commission of India (CCI) for cartel

The Virbhadra Singh-led Congress government, in a late evening cabinet decision on Wednesday, decided to grant licence to Reliance Industries for setting up a cement plant in the Chopal tehsil of a

The National Highways Authority of India (NHAI) on Wednesday moved the Supreme Court seeking modification of its guidelines mandating forest clearance prior to environmental clearance, saying the related procedures have delayed and stalled 22 important projects worth over R20,000 crore.

The highway authority has also sought a direction to the ministry of environment and forests (MoEF) to modify its office memoranda (OM) of March and April 2011 so as to delink the two clearances in respect of widening of national highways.

The Union ministry of coal has issued deallocation letters for eight coal blocks, giving effect to a recent decision taken by the Inter-Ministerial Group.

The Ministry of Coal has issued de-allocation letters for eight coal blocks following a decision of the Inter-Ministerial Group.

New Delhi Eleven cement makers whom the fair trade regulator CCI has found guilty of adopting anti-competitive practices, on Thursday approached Competition Appellate Tribunal (COMPAT) challenging its July 30 findings.

It issued notices to the Competition Commission of India and listed the matter for next hearing on November 22. The 3-member COMPAT bench, headed by its chairman Justice VS Sirpurkar, however, asked the CCI not to take any coercive action against Shree Cement Ltd against whom penalty of Rs 397.51 crore was imposed by the regulator on July 30.

SHILLONG, Oct 18: Meghalaya Chief Minister Mukul Sangma on Thursday welcomed Foreign Direct Investment (FDI) in retail and mining, despite opposition from several civil society groups.

SHILLONG, Oct 17 – Meghalaya Chief Minister Mukul Sangma today welcomed Foreign Direct Investment (FDI) in retail and mining.

To counter the BJP’s attack over the alleged malpractices in the allocation of coal blocks between 2004-09, seven Lok Sabha MPs of the Congress have urged the Central Vigilance Commission (CVC) to

The Inter-Ministerial Group (IMG) on Thursday recommended de-allocation of two more coal blocks and deduction of bank guarantee (BG) of two more blocks.

Thursday’s action concludes the IMG scrutiny of 29 blocks in the first phase. The blocks deallocated on Thursday are: Bhaskarpara, allotted to Kumarmangalam Birla-promoted Grasim Industries and Mukesh Bhandari-owned Electrotherm, and Dahegaon Markardhokra IV block, given jointly to IST Steel & Power, Gujarat Ambuja Cement and Lafarge India.