Power and Coal Minister Piyush Goyal has asked the state-run company to improve the quality of its coal by December 31, 2014.

With the country's power situation turning grim, a 45-member delegation of power honchos parleyed with coal and power minister Piyush Goyal for four hours to find solutions to the problem, and woes problems plaguing the sector- ranging from coal and gas shortage to transmission bottlenecks.

Adani Group head Gautam Adani said he got no special favours from Narendra Modi and his group has since 1993 acquired only barren waste land for infrastructure projects.

When the din over the bifurcation of Andhra Pradesh, thanks mainly to the agitation led by Telangana Rashtra Samithi's K. Chandrashekar Rao (bottom left corner), dies down, new opportunities are likely to emerge for politicians and bureaucrats vying for new posts. Besides, there could be growth potential for businesses too, including the real estate sector.

The government has issued notice to 61 mines already. Tata Steel, ArcelorMittal, Hindalco, Jindal Steel and Power, JSW Steel, Essar Power, Adani Power, Tata Power and GVK Power are some who feature in the list.

Australia has cleared Adani's T0 project and capital dredging programme for the proposed Terminals 0, 2 and 3 at the Port of Abbot Point.

Food inflation, the bugbear of policy makers, declined to 8.73 per cent in March from 11.38 per cent in February.

In the event of a deallocation, the mines are likely to be handed over to CIL. The state-owned producer is by no means the epitome of efficiency when it comes to production and supply. Many power projects are likely to get delayed without assured supply of coal.

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.

Adani Enterprises is expected to mine 200 MT of coal per year in 2020. The company is also operating coal mines in India, Indonesia and Australia.

GVK Reddy-led and Gautam Adani-led conglomerates are now sparring over rights to build a $5.9 billion train track to carry coal out of the landlocked Galilee basin in Queensland state.

As the Indian economy hurtles down a path of breathless economic expansion, there is a fundamental shift taking place in the way companies look at energy. However, impending energy drought is affecting their growth.

The firm is currently working on completion of power plants at seven location in the country - looking to achieve the target by 2020, said Power Division COO Dev Prakash Joshi.

Mundra Port and Special Economic Zone, part of Adani Enterprises, has won the bid to acquire Australia-based Abbot Point X50 Coal Terminal for Rs 9,000 crore.

Continuing with our series on India's New Business Dynasties, we feature Adani Group's Gautam Adani. The 48-year-old chairman is building an integrated operation in power, oil and gas, and agriculture.

Sources said the talks are at an initial stage and a decision would only be taken after the completion of CIL's mega IPO - starting October 18 and ending October 21.

Any management that has a long-term view of its business and wants to raise further capital should prefer to err on the ‘cheaper’ side while pricing its IPO.

Naveen Jindal has propelled his steel and power company into India’s—and the world’s—most profitable power producers by focussing on the wildly lucrative merchant power business. Will his competitors stop his dream run?

The 43-year-old school dropout, Gautam Adani, who was recently ranked #10 among Indian billionaires by Forbes, is thinking big—and ahead—for ways to expand his business empire. He already runs the Mundra Port in Gujarat. That’s only Act I in his plan of becoming India’s largest infrastructure player. A report by BT's Anand Adhikari.

He has drawn up an ambitious programme to expand his footprint in his core steel business and also diversify into the power, cement aluminium and infrastructure sectors. Is Jindal taking on too much? Anand Adhikari tells us why the steel-focussed group is getting into apparently unrelated areas.