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New Delhi, Apr 5 (PTI) State-owned Coal India Ltd plans to offer 25.62 million tonnes of coal through online auction in the current month, a move expected to mitigate the impact of energy supply shocks on industries amid the West Asia crisis. The disruptions in LNG, LPG and crude oil supplies from the Middle East have increased demand for coal, driving up its import prices. Coal India had offered 32.532 million tonnes of coal through e-auction in March against 20.5 million tonnes in February t ...Read More >
New Delhi: The Enforcement Directorate on Thursday conducted fresh searches at multiple locations in connection with an alleged coal pilferage and money laundering case linked to West Bengal. Officials said raids were carried out in Bengaluru, Hyderabad, Mumbai and Delhi under the Prevention of Money Laundering Act (PMLA). Premises linked to I-PAC co-founder and director Rishi Raj Singh in Bengaluru and former AAP communications in-charge Vijay Nair in Mumbai were among those covered. The agen ...Read More >
New Delhi: Enforcement Directorate (ED) sleuths on Thursday carried out fresh searches across multiple addresses linked to executives of political consultancy I-PAC (Indian Political Action Committee) (I-PAC) and others as part of the ongoing West Bengal coal smuggling and pilferage probe. Searches were conducted simultaneously in Bengaluru, Hyderabad and Delhi to follow up on prior raids in the case. "The raids are a continuation of the searches conducted earlier in the case," an ED officer wa ...Read More >
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