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Total 567 results found. Search for [ Comptroller and Auditor General ]

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BT Online Bureau
Mumbai, August 17, 2012
Tata Power declined by 3.71 per cent, Jindal Steel Power lost 4.02 per cent and Hindalco fell 2.5 per cent, after CAG said it has found irregularities in the government coal allocation and usage.


BT Online Bureau
New Delhi, August 17, 2012
The Anil Ambani-led firm said a top inter-ministerial panel in 2008 had taken the decision to allow the company to use surplus coal from the mines and its review has already been implemented.


IANS
New Delhi, August 17, 2012
The government also said that the Comptroller and Auditor General's (CAG) report on coal blocks would be considered final only after it was examined by the Public Accounts Committee.


BT Online Bureau
New Delhi, August 17, 2012
Pointing towards lack of transparency, the CAG report says the coal blocks were allocated to the private companies on nomination basis instead of competitive bidding.


BT Online Bureau
New Delhi, August 17, 2012
In its report on coal block allocation CAG says bidding process was vitiated by allowing Reliance Power to use excess coal from three blocks allocated to Sasan project.


PTI
Mumbai, August 17, 2012
The 30-share BSE Sensex resumed higher at 17,701.20 but declined afterwards to 17,622.62 as news of CAG report filtered in. The index showed a nominal gain of 0.19 per cent at close of trade.


Mail Today Bureau
New Delhi, August 16, 2012
The leaked CAG draft reports on the allocation of coal blocks without bidding, the Delhi airport concession given to the GMR Group and the diversion of coal from ultra-mega power projects have already embarrassed the Manmohan Singh government.


www.businesstoday.in
August 15, 2012
The 165.54 km long six lane concrete Expressway from Delhi's satellite town of Greater Noida to Agra was inaugurated by Uttar Pradesh Chief Minister Akhilesh Yadav on August 9.


Manu Kaushik
August 17, 2012
DIAL says the 346 per cent increase allowed earlier translates into a return on equity of 16 per cent, far lower than the 24 per cent it needs to be profitable. So far, the company has been incurring huge losses.


PTI
New Delhi, August 6, 2012
Reliance Industries has agreed to the Comptroller and Auditor General of India (CAG) doing a 'financial audit' of its spending on the flagging KG-D6 gas block and is ready to provide all supporting documents.


PTI
New Delhi, August 1, 2012
Indian Oil Corp, Oil and Natural Gas Corp and Bharat Petroleum have decided not to press for acquiring Asian Development Bank's stake in Petronet LNG Ltd.


Anilesh S. Mahajan
August 3, 2012
India's overseas oil and gas exploration has been floundering for a while. The latest in the litany of troubles involves the biggest player, ONGC Videsh Ltd, which has 30 assets in 15 countries. Could this have been avoided?


PTI
Bangalore, July 18, 2012
After Reliance Industries (RIL) and its partner BP Plc warned of further drop in KG-D6 gas output in the absence of investments approvals by the Oil Ministry, the government has said it is in discussions with both the companies and would take a 'suitable decision'.


PTI
New Delhi, July 17, 2012
Reliance Industries and its partner BP Plc have warned of a furtherdrop in KG-D6 gas output in absence of fresh investment. The ministry has not approvedthe spending, saying that the MukeshAmbani firm had denied CAG access to its books.


Shweta Punj
August 1, 2012
The book analyses accountability in public life and suggests ways of increasing it.


N. Madhavan
July 1, 2012
Mismanagement has pushed the Tamil Nadu Electricity Board to the edge. And recent measures to revive it may fall short.


G. Seetharaman
June 27, 2012
The coal crisis has caught the government and power developers unawares. No power developer is questioning the potential of the Indian market, but a great deal of scepticism has crept in. The only way it can be dispelled is by assuring developers of a steady supply of coal over the long-term.


www.businesstoday.in
May 24, 2012
There seems to be no end to the Air India mess, with pilots demanding exclusive training rights on Dreamliner jet planes.


Anilesh S. Mahajan
May 24, 2012
The Supreme Court willing, power producers may soon be able to divert coal to other power projects.


PTI
New Delhi, May 23, 2012
The CAG has found that the company, which runs the Delhi International Airport, has a potential to earn Rs 1,63,557 crore over a 60-year period from the land given to it on a lease rent of Rs 100 per annum, hurting the interest of the government.


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