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Mahan Coal Limited
Mahan Coal Limited is a disputed coal mine project in Singrauli district, Madhya Pradesh, India. The project has been opposed by environmentalists since it seeks to pull down 1200 acres of old sal forests for a coal mine. At least 500,000 prime sal trees would be chopped, and 54 villages with a considerable tribal population would be displaced. However, a group of villagers have also been supporting the mine since it would boost the local economy. Business Mahan Coal Ltd is a Rs 5,000-crore joint venture between Essar Energy and the Aditya Birla Group (Hindalco). Part of the controversy is based on claims by Greenpeace India that the sanction for the coal mine was given based on a Gram Sabha (village board) resolution that had been forged. The land was allocated to the company based on this document. However, in 2014, the coal block land was deallocated by the Supreme Court resulting in sharp drops in the company's stocks. Its original allocation in 2006 is part of the Ind ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Singrauli District
Singrauli district is one of the districts in the Indian state of Madhya Pradesh. History It was previously ruled by the Maharajas of Singrauli State till 1971, after which the monarchy was abolished. Singrauli district has its headquarters at Waidhan. It was the largest district in the Bagelkhand Division of Vindhya Pradesh. Singrauli is emerging as India's energy capital. Just two generations ago, smallholders were tending their parcels of land here, and the original inhabitants were gathering honey and herbs in the forest. In the late fifties, a large scale dam banked up the water of the River Rihand. The dam known as Govind Vallabh Pant Sagar was inaugurated by Pt. Jawahar Lal Nehru in 1962. Later, rich coal deposits spread over an area of 2200 km2 in the state of M.P. (eastern part of Sidhi District) and U.P. (southern part of Sonebhadra District) were discovered close to the artificial lake that could be used to generate electricity. This area has a group of rock cut c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Madhya Pradesh
Madhya Pradesh (, ; meaning 'central province') is a state in central India. Its capital is Bhopal, and the largest city is Indore, with Jabalpur, Ujjain, Gwalior, Sagar, and Rewa being the other major cities. Madhya Pradesh is the second largest Indian state by area and the fifth largest state by population with over 72 million residents. It borders the states of Uttar Pradesh to the northeast, Chhattisgarh to the east, Maharashtra to the south, Gujarat to the west, and Rajasthan to the northwest. The area covered by the present-day Madhya Pradesh includes the area of the ancient Avanti Mahajanapada, whose capital Ujjain (also known as Avantika) arose as a major city during the second wave of Indian urbanisation in the sixth century BCE. Subsequently, the region was ruled by the major dynasties of India. The Maratha Empire dominated the majority of the 18th century. After the Anglo-Maratha Wars in the 19th century, the region was divided into several princel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sal Tree
''Shorea robusta'', the sal tree, sāla, shala, sakhua, or sarai, is a species of tree in the family Dipterocarpaceae. The tree is native to India, Bangladesh, Nepal, Tibet and across the Himalayan regions . Evolution Fossil evidence from lignite mines in the Indian states of Rajasthan and Gujarat indicate that sal trees (or at least a closely related ''Shorea'' species) have been a dominant tree species of forests of the Indian subcontinent since at least the early Eocene (roughly 49 million years ago), at a time when the region otherwise supported a very different biota from the modern day. Evidence comes from the numerous amber nodules in these rocks, which originate from the dammar resin produced by the sal trees. Description ''Shorea robusta'' can grow up to tall with a trunk diameter of . The leaves are 10–25 cm long and 5–15 cm broad. In wetter areas, sal is evergreen; in drier areas, it is dry-season deciduous, shedding most of the leaves from February t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Essar Energy
Essar Energy plc is Mauritius-based Indian energy company with assets in the power and oil and gas businesses. Headquartered in Port Louis, Mauritius and subsidiary of Essar Group, the firm has interests in both the power generation and petroleum industries. In May 2014 the company was acquired by its majority shareholder, Essar Global Fund Limited. History Established in 1998 as a wholly owned business unit of the Essar Group conglomerate, the business was floated on the London Stock Exchange in April 2010, marking the exchange's largest initial public offering since December 2007. The company was added to the FTSE 100 Index at the subsequent quarterly review. Essar Global Fund Limited retained an approximate 76% stake in Essar Energy. The lead underwriters to the initial public offering were JPMorgan Chase and Deutsche Bank. The primary offering raised £1.3bn. Ravi Ruia, the Chairman, and Sanjay Mehta, a senior board member of Essar Global Limited, were identified in an ' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aditya Birla Group
Aditya Birla Group is an Indian multinational conglomerate, headquartered in Mumbai. It operates in 100 countries with more than 1,40,000 employees directly and indirectly. The group was founded by Seth Shiv Narayan Birla in 1857. The group has interests in viscose staple fibre, metals, cement (largest in India), viscose filament yarn, branded apparel, carbon black, chemicals, fertilisers, insulators, financial services and telecom. History It is one of India's largest corporate houses operating in 26 countries – India, Germany, the United Kingdom, Brazil, Italy, Hungary, United States, Canada, France, Australia, Egypt, Luxembourg, Philippines, the United Arab Emirates, Switzerland, Singapore, Myanmar, China, Thailand, Laos, Bangladesh, Indonesia, Malaysia, Bahrain, Vietnam and South Korea. The company is majorly engaged in the business of non-ferrous metals, viscose filament yarn, viscose staple fiber, cement, fertilizers, chemicals, branded apparel, carbon black, sponge ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Greenpeace India
Greenpeace India is the Indian branch of the global environmental group Greenpeace, a non-profit NGO, with a presence in 55 countries across Europe, the America, Asia. Greenpeace India has legally registered society in four locations with Bengaluru as its headquarters and other branches at Delhi, Chennai, Patna. Greenpeace India states that it receives 60% of its funding from donors in India, 38% from Netherlands-based Greenpeace International and less than 1% from the US-based Climate Works Foundation, as of from June 2014 the organisation does not receive any foreign funds. According to the organization, they do not accept money from governments, intergovernmental organizations, political parties or corporations in order to avoid their influence. Their core fundraising model is called "Direct Dialogue Recruitment" where the fundraising team goes out on the street directly approaching the common people to discuss the current environmental condition and how Greenpeace is working to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Supreme Court
A supreme court is the highest court within the hierarchy of courts in most legal jurisdictions. Other descriptions for such courts include court of last resort, apex court, and high (or final) court of appeal. Broadly speaking, the decisions of a supreme court are not subject to further review by any other court. Supreme courts typically function primarily as appellate courts, hearing appeals from decisions of lower trial courts, or from intermediate-level appellate courts. However, not all highest courts are named as such. Civil law states tend not to have a single highest court. Additionally, the highest court in some jurisdictions is not named the "Supreme Court", for example, the High Court of Australia. On the other hand, in some places the court named the "Supreme Court" is not in fact the highest court; examples include the New York Supreme Court, the supreme courts of several Canadian provinces/territories, and the former Supreme Court of Judicature of England and Wa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Standard
''Business Standard'' is an Indian English-language daily edition newspaper published by Business Standard Private Limited, also available in Hindi. Founded in 1975, the newspaper covers the Indian economy, infrastructure, international business and trade, stock and currency markets, corporate governance, and a range of other financial news, opinions and insights. The main English-language edition comes from 12 regional centers, Mumbai, New Delhi, Kolkata, Bengaluru, Coimbatore, Chennai, Ahmedabad, Hyderabad, Chandigarh, Pune, Lucknow, Bhubaneswar, and Kochi, and reaches readers in over 1,000 towns and cities across India. History The newspaper's initial owner had been the Kolkata-based ABP Group. Circulation was rising, but losses were rising, possibly to above Rs 50 crore, and ABP could not support it. ABP hoped that the government would allow Financial Times to take an equity stake in Business Standard Limited and bring in funds. In 1997, ''Business Times'' was purchas ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indian Coal Allocation Scam
The Coal allocation scam, dubbed in media as Coalgate, is a major political scandal concerning the Indian government's allocation of the nation's coal deposits to public sector enterprise (PSEs) and private companies. In a draft report issued in March 2012, the Comptroller and Auditor General of India (CAG) office accused the Government of India of allocating coal blocks in an inefficient manner during the period 2004–2009. Over the Summer of 2012, resulting in a Central Bureau of Investigation probe into whether the allocation of the coal blocks was in fact influenced by corruption. Hereafter Draft CAG Report. The essence of the CAG's argument is that the Government had the authority to allocate coal blocks by a process of competitive bidding, but chose not to. As a result, both public sector enterprises (PSEs) and private firms paid less than they might have otherwise. In its draft report in March the CAG estimated the "windfall gain" to the allocatees was . The CAG Final R ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Manmohan Singh
Manmohan Singh (; born 26 September 1932) is an Indian politician, economist and statesman who served as the 13th prime minister of India from 2004 to 2014. He is also the third longest-serving prime minister after Jawaharlal Nehru and Indira Gandhi. A member of the Indian National Congress, Singh was the first Sikh prime minister of India. He was also the first prime minister since Jawaharlal Nehru to be re-elected after completing a full five-year term. Born in Gah, Pakistan, Gah, Punjab (region), West Punjab, in what is today Pakistan, Singh's family migrated to India during Partition of India, its partition in 1947. After obtaining his doctorate in economics from Nuffield College, Oxford, Oxford, Singh worked for the United Nations during 1966–1969. He subsequently began his bureaucratic career when Lalit Narayan Mishra hired him as an advisor in the Ministry of Commerce and Industry (India), Ministry of Commerce and Industry. During the 1970s and 1980s, Singh held seve ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Priya Pillai Offloading
The Priya Pillai offloading of January 2015 was an incident in India where an environmental activist was offloaded from a flight in order to prevent her from testifying internationally on the activity of a firm registered in the UK. Later, the Ministry of Home Affairs (India) argued that her deposition before a British parliamentary committee would have been "prejudicial to national interest" In its judgment, the Delhi High Court observed that dissent "may not be palatable; even so, it cannot be muzzled." The incident has been widely discussed in India as evidence suggesting a possible trend towards eroding Freedom of expression in India under the Bharatiya Janata Party government. International media has also been critical of the Narendra Modi Government. Background The government was interested in promoting coal energy, and in the work of the Mahan Coal Limited, a joint venture of the UK-registered firm Essar Energy with Hindalco, to mine coal in an old sal forest area in Ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coal Mines In India
Coal is a combustible black or brownish-black sedimentary rock, formed as stratum, rock strata called coal seams. Coal is mostly carbon with variable amounts of other Chemical element, elements, chiefly hydrogen, sulfur, oxygen, and nitrogen. Coal is formed when dead plant matter decays into peat and is converted into coal by the heat and pressure of deep burial over millions of years. Vast deposits of coal originate in former wetlands called coal forests that covered much of the Earth's tropical land areas during the late Carboniferous (Pennsylvanian (geology), Pennsylvanian) and Permian times. Many significant coal deposits are younger than this and originate from the Mesozoic and Cenozoic eras. Coal is used primarily as a fuel. While coal has been known and used for thousands of years, its usage was limited until the Industrial Revolution. With the invention of the steam engine, coal consumption increased. In 2020, coal supplied about a quarter of the world's primary energ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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