Jindal Steel to take Modi govt to court over coal mine cancellation

Jindal Steel and Power will take the government to court after the coal ministry rejected the company's winning bids for three mines, a company source said on Monday.

FP Archives|Mar 23, 2015, 12:36:26 IST

Jindal Steel and Power will take the government to court after the coal ministry rejected the company's winning bids for three mines, a company source said on Monday.[caption id="attachment_2144921" align="alignleft" width="380"] Reuters[/caption]Shares in Jindal Steel slumped as much as 14.9 percent, heading towards their biggest daily loss since June 11, 2013. They pared some of the losses later.Although the winning bids for the mines were the highest in their individual auctions, they were low compared with the winning bids for other similar blocks.Coal Secretary Anil Swarup could not be reached immediately for comment.Reuters

Maha: Court orders Rs 30L compensation for parents after youth dies in road accident

The order came after the victim's parents Baldev Singh Gill and Manjit Kaur filed a plea demanding the compensation while claiming that the deceased was their only son and they were totally dependent on him for living

Ashleigh Barty comes from set down to beat Coco Gauff in Australian Open lead-up

Barty, playing her first singles match since the US Open in September, gave herself some perfect match practice ahead of the Australian Open with the bruising 4-6, 7-5, 6-1 win over the 17-year-old

FDI policy on e-commerce: Online firms cannot win the game by blaming govt but by finding a way around regulations

The reluctance of digital/technology companies to invest time and resources to navigate an uncertain regulatory landscape is more to be blamed than the FDI policy itself.

US Open 2021: World No 150 Emma Raducanu to face Maria Sakkari in semi-final

Raducanu, only the fourth qualifier to reach a Grand Slam semi-final, made the Swiss 11th seed the highest-rated victim of her young career in making history on the New York hardcourts.

Tokyo Olympics 2020: With seventh gold, Allyson Felix becomes most decorated American track and field Olympian

France handed the United States their first Olympic basketball defeat since 2004 in the group stage of the men's tournament but could not repeat the feat in the final, narrowly losing 87-82 in Saitama.

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