Pledge of 13 lakh more shares of Adani Transmission took the total to per cent, the filings showed. The additional pledges are part of a USD 300 million letter of credit issued by a bank to another bank as a guarantee for payments made provided by SBI for Adani Group's Carmichael coal mining project in Australia.
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The companies that got the relief are Sesa Sterlite, a part of the Londonlisted Vedanta Resources, Raipurheadquarterd Sarda Energy and Minerals, and Delhibased Usha Martin.
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Coal india News: Check here latest news and updates about Coal india in India. Read top headlines and breaking news today in India about Coal india on
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In its status report filed on March 8,the CBI had said that the coal block allocation during 200609 was done without verifying the credentials of companies which allegedly misrepresented facts about themselves and no rationale was given by the Coal Ministry in giving coal blocks to them. CBI has so far registered 11 FIRs in the matter.
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The Directorate of Revenue Intelligence (DRI) has asked the Central Bureau of Investigation (CBI) to probe two Reliance ADAG firms — Reliance Infrastructure Ltd and Rosa Power Supply Co Ltd — in connection with the alleged overvaluation of imported Indonesian coal between 2010 and 2015, sources told The Indian Express. Sources said the DRI ...
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New Delhi | Updated: November 18, 2023 11:43 IST Follow Us It was in November 2019 that the DRI had moved the apex court against a Bombay High Court order in favour of the Adani Group. The case has been heard five times in four years and is yet to reach the stage of final arguments. Listen to this article 00:00 1x
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In the new fiscal year that began April 1, Indian power plants are expected to burn about 8% more coal. The rapid acceleration in India's coalfired output to address a spike in power demand underscores challenges faced by the world's third largest greenhouse gasemitter in weaning its economy off carbon, as it attempts to ensure energy security to around billion Indians.
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How to use YONO SBI NRI account opening service: State Bank of India (SBI) has introduced a digital facility for. Updated: September 18, 2023 20:36 IST IndusInd Bank launches 'NRI homecoming ...
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ગુજરાતી ગુજરાતી हिंदी हिंदी मराठी मराठी Business Business बिज़नेस बिज़नेस Insurance Insurance The Financial Express Follow Us Facebook Twitter Linkedin Home India News Industry Market Market...
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The DRI is probing at least 40 companies including two companies of the Anil Dhirubhai Ambani Group (ADAG), two Essar Group firms and a few public sector power firms for alleged overvaluation of coal imports from Indonesia pegged at Rs 29,000 crore between 2011 and 2015. In March 2016, DRI issued a general alert to its field formations across ...
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Coal imports case: SC to hear in Feb Centre's appeal against Bombay HC Sensex ( %) + Nifty ( %) + Nifty Midcap (%) + Nifty Smallcap (%) + Nifty Bank ( %) +
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The agency, according to sources, found that inflated invoices received in India were issued by intermediaries, allegedly subsidiary companies of Indian importers or their fronts. The DRI alleged that in certain cases, the import value of Indonesian coal was artificially inflated by about 50 to 100 per cent by changing test reports which ...
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SBI Washington DC Branch, Representative Office. Following is the address of SBI Representative Office in Washington DC: Branch. Representative Office, Washington DC. Address. 1200, 17th Street, NW, Suite 205, Washington 20036, Washington DCUNITED STATES OF AMERICA . Timings. MonFri, 9:00 AM 4:00 PM. SatSun, Closed.
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According to the Indian Express, the DRI found that the inflated import invoices received in India were issued by intermediaries, that were purportedly fronts of subsidiary companies of Indian ...
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NEW DELHI: The Supreme Court revived on Wednesday the probe against a Adani group firm in a case of alleged overvaluation of Indonesian coal imports by staying the Bombay High Court's decision of ...
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It needs bouquets rather than brickbats. This column first appeared in the print edition on October 18, 2021 under the title 'The fall guy'. The writer is former chairman, Coal India Ltd. Partha Bhattacharyya writes: Coal India has been meeting the demand for coal, helping generate power at affordable tariffs.
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New Delhi: The Central Bureau of Investigation (CBI) on Thursday filed two more first information reports (FIRs) in the case related to the irregular allocation of coal mines.
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State Bank of India (SBI) on Monday said the fresh pledge of shares of three Adani Group companies was on account of the requirement to topup the collateral for its coal mine project in Australia.
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In April 2018, the Customs, Excise Service Tax Appellate Tribunal had rejected a DRI plea seeking over Rs 29,000 crore from a clutch of these 40 companies for alleged overvaluation of coal ...
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Black Money Corruption DRI show cause notices to Adani, Reliance Infra Essar on coal import scams as PSU Banks hide details Are SBI, BoB UCO Banks trying to hushup an alleged,000 crore ( billion) Coal Import scam? By Team PGurus September 15, 2016
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The case pertains to allegations of the DRI that a wholly owned subsidiary of Knowledge Infrastructure in Singapore first bought the coal from a Switzerlandbased firm and then the same consignment was sold to two intermediary firms, which then "dispatched the coal to the Indian firm". In these transactions, the price of coal sold by the ...
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In case of any rebound, the index would face stiff resistance around 15,55015,700 levels," Ajit Mishra, VP Research, Religare Broking, said. Stocks to watch
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A bench headed by Chief Justice Bobde issued notices to Adani Enterprises on the appeal filed by DRI in the DRI had initiated investigations in March 2016 against a few Adani...
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RBI today said exporters can be put on a "caution" list in case the trader is not making any efforts for realisation of export proceeds or on the recommendation of investigative agencies like ED ...
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The 52week high of Coal India Ltd. is ₹ and 52week low of Coal India Ltd. is ₹ as on Dec 04, 2023. Trending In Market IPO's Open and Upcoming
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Finance Minister Nirmala Sitharaman appreciates SBI for successfully launching direct LankanIndian Rupee trade; India 'bright spot' amid despondency and churn in geopolitical landscape: Army ...
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The Directorate of Revenue Intelligence has accused Adani Enterprises Limited of trying to obstruct its investigation into the overvaluation of coal imports by some group firms, The Indian Express ...
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State Bank of India, ICICI Securities and Reliance Capital Asset Management have been selected to manage the provident fund corpus of the workers of coal industry, amounting to around Rs 75,000 crore. The Coal Mines Provident Fund Organisation (CMPFO) gave the mandate to the three fund managers and allotted equal corpus to the three of them.
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The agency, according to sources, found that inflated invoices received in India were issued by intermediaries, allegedly subsidiary companies of Indian importers or their fronts. The DRI alleged that in certain cases, the import value of Indonesian coal was artificially inflated by about 50100 per cent by changing test reports which measure ...
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يرغب أحد موردي المواد من بلجيكا في إنتاج مسحوق الحجر الجيري لملابسه...
الهند غنية بالموارد المعدنية المختلفة وهي سوق مهم لمعالجة المعادن
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