Briefly Business: Coal regulator: GoM likely to meet on May 6

The inter-ministerial panel,which will decide on setting up of regulatory authority for the coal sector,is likely to meet again next week.

Written by PTI | Published:May 2, 2013 12:44 am

New Delhi: The inter-ministerial panel,which will decide on setting up of regulatory authority for the coal sector,is likely to meet again next week. “The meeting of the Group of Ministers (GoM) is likely on May 6,” a Coal Ministry official said.

ADB annual board meet begins today

New Delhi: Prime Minister Manmohan Singh will address on Saturday the 46th ADB Annual Conference of Board of Governors’ at Greater Noida which begins on Thursday. The four-day global conference will see participation of over 4,400 delegates from all over the world.

ONGC’s $5 bn Kazakh deal may fall through

New Delhi: ONGC’s $5 billion deal to acquire US energy giant ConocoPhillips’ stake in a Kazakhstan oil field looks set to fall through as India hasn’t been able to convince the Central Asian nation to approve the transaction.

Decision on IKEA: CCEA meet postponed

New Delhi: The meeting of Cabinet Committee on Economic Affairs,scheduled to consider the Rs 10,500 crore proposal of Swedish furniture major IKEA,did not take place on Wednesday. “… CCEA could not meet today because of lack of time…,” finance minister P Chidambaram said.

ADB pumps in $30 million in NSL

New Delhi: Asian Development Bank has said it has made equity investment to the tune of $30 million,in NSL Renewable Power for funding clean energy projects.

Jet fuel prices cut by a steep 5.3%

New Delhi: Jet fuel (ATF) prices were on Wednesday cut by 5.3 per cent,the second steep reduction in rates in one month.

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