Coalscam: Ex-Jharkhand CM Koda, former coal secy get 3 yr jail

Agencies
December 16, 2017

New Delhi, Dec 16: Former Jharkhand chief minister Madhu Koda and ex-coal secretary H C Gupta were today sentenced to three years imprisonment by a special court here in a case of coal block allocation scam.

Besides the jail term, the special court also imposed a fine of Rs 25 lakh on Koda and Rs one lakh on Gupta.

Former Jharkhand chief secretary A K Basu and Vijay Joshi, a close aide of the then chief minister, were also awarded jail term of three years for indulging in corrupt practices and hatching criminal conspiracy in allocation of Rajhara North coal block in Jharkhand to a Kolkata-based private company, Vini Iron and Steel Udyog Ltd (VISUL).

Special judge Bharat Parashar convicted the private firm and imposed a fine of Rs 50 lakh on it.

The convicts including Koda, however, were granted statutory bail for a period of two months to enable them to file appeals in the Delhi High Court challenging the conviction and the jail term.

The convicts were tried for offences under sections 120-B (criminal conspiracy) read with 420 (cheating) and 409 (criminal breach of trust by public servants) of the IPC and under provisions of Prevention of Corruption Act.

The CBI had said that the firm had applied for allocation of Rajhara North coal block on January 8, 2007.

It had said although the Jharkhand government and steel ministry did not recommend VISUL's case for coal block allocation, the 36th Screening Committee recommended the block to the accused firm.

The CBI had said that Gupta, who was chairman of the screening committee, had concealed facts from the then prime minister Manmohan Singh, who at that time headed the Coal Ministry too, that Jharkhand had not recommended VISUL for allocation of a coal block.

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Agencies
July 15,2020

Mumbai, Jul 15: In a mega investment announcement, Reliance Industries (RIL) Chairman Mukesh Ambani on Wednesday said that Google will invest ₹ 33,737 crore in Jio Platforms for an equity stake of 7.73%.

Google is investing at an equity valuation of ₹ 4.36 lakh crore, said an RIL regulatory filing.

"Jio Platforms Limited, a subsidiary of the Company, today signed binding agreements with Google International LLC pursuant to which Google would invest ₹ 33,737 crore for a 7.73 % equity stake in Jio Platforms Limited on a fully-diluted basis. Google is investing at an equity valuation of ₹ 4.36 lakh crore," it said.

The transaction is subject to customary regulatory approvals.

Speaking at the Annual General Meeting of RIL, Ambani said that he looks forward to working with investors in Jio Platforms in a collaborative way.

Making another major announcement, the RIL Chairman said that Jio has designed a complete 5G solution and it will be available for trials as soon as spectrum is available.

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News Network
June 13,2020

New Delhi, Jun 13: India's COVID-19 tally on Saturday witnessed its highest-ever spike of 11,458 cases, according to the Union Ministry of Health and Family Welfare (MoHFW).

A total of 386 deaths have been reported due to the infection during the last 24 hours.

The total number of coronavirus cases in the country now stands at 3,08,993 including 1,45,779 active cases 1,54,330 cured/discharged/migrated and 8,884 deaths.

COVID-19 cases in Maharashtra continue to soar with the number reaching 101141. Tamil Nadu's coronavirus count stands at 40,698 while cases in Delhi reached 36,824.

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News Network
May 18,2020

May 18: The Central Board of Secondary Education (CBSE) on Monday announced the date sheet for the pending class 10 and 12 board exams, which will now be held from July 1 to 15.

The exams were postponed due to the nationwide lockdown imposed on March 25 to contain the spread of COVID-19.

The Class 10 board exams are pending only in the North East Delhi.

"The Class 10 exams will be staggered on four dates, starting July 1. The first paper will be Social Science, while the next day students will be required to appear for the Science exam,” said Sanyam Bhardwaj, the Controller of Examination, CBSE.

“On July 10, exams will be conducted for both courses of Hindi and on July 15 for both courses of English," he said.

On health guidelines for students, Bhardwaj said that they will be required to carry their own sanitiser bottles and wear masks to examination centres.

"Parents will have to ensure that their ward is not sick and candidates will have to strictly follow physical-distancing norms," he said.

For Class 12, the Home Science exam will be held on July 1, followed by both courses of Hindi the next day.

The Class 12 Business Studies exam has been scheduled for July 9, followed by Biotechnology on July 10 and Geography on July 11.

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