Union Petroleum Minister M Veerappa Moily expressed hope that Reliance Industries (RIL) would comply with the audit by Comptroller & Auditor General (CAG
Tag: CAG
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Ministry to protect govt interest in RIL issue
Union petroleum ministry said it would continue to protect the government's interest in all force in the matt
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CII against coal block de-allocation
Adi Godrej, President, Confederation of Indian Industry (CII), remarked that coal blocks allocated under due process should not be cancelled, as any such cancellation will adversely impact business sentiment. He also said that the judiciary should only interfere if there is any violation of law.
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The key differentiator between completion and excellence
Which do we prefer—that projects are systematically completed in time within costs, or that they thrive under a bright leader who can transform it beyond what it is meant to be?
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Coal needs telecom treatment
The Comptroller & Auditor-General’s (CAG) report estimates a deemed loss to the exchequer of Rs 1.86 lakh crore because of non-competitive allotment of 149 coal blocks.
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DIAL questions CAG audit, says land sops available to all
Questioning the jurisdiction of CAG which had detected a loss of Rs 1.63 lakh crore in the leasing of land to GMR-led private operator, DIAL today said the concessions available
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Banks should increase their size to participate in the huge infra lending opportunities
Corporation Bank’s lending grew 30 per cent last year, and its confidence in infra-lending is evident. The high growth will continue, according to Chairman and Managing Director Ramnath Pradeep.
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RBI: 2G loans in line with norms
The Reserve Bank of India (RBI) today exuded confidence that loans given to 2G spectrum licence holders would not turn into bad debts on account of the scam in allocation of radiowaves.