Coal Carrier

The CBI is investigating a decade-old deal which saw Air India and Indian Airlines acquiring 111 aircraft, saddling the national carriers with losses. The deal was approved by the cabinet of Prime Minister Manmohan Singh; the new inquiry adds to a list of scandals linked to his two successive terms in sectors including coal and telecom.

The Australian government says it has reached a 39.3 million Australian dollar ($29.6 million) settlement with the owners of a Chinese coal carrier to pay for environmental damage caused when the ship ran aground on the Great Barrier Reef six year ago.

Bharti Infratel's Rs 4,500 crore initial public offer - the biggest since 2010 when Coal India raised over Rs. 15,000 crore - opened for subscription on Tuesday. Bharti Infratel is the telecom tower arm of India's biggest mobile carrier Bharti Airtel.

The CBI is investigating a decade-old deal which saw Air India and Indian Airlines acquiring 111 aircraft, saddling the national carriers with losses. The deal was approved by the cabinet of Prime Minister Manmohan Singh; the new inquiry adds to a list of scandals linked to his two successive terms in sectors including coal and telecom.

The Australian government says it has reached a 39.3 million Australian dollar ($29.6 million) settlement with the owners of a Chinese coal carrier to pay for environmental damage caused when the ship ran aground on the Great Barrier Reef six year ago.

Bharti Infratel's Rs 4,500 crore initial public offer - the biggest since 2010 when Coal India raised over Rs. 15,000 crore - opened for subscription on Tuesday. Bharti Infratel is the telecom tower arm of India's biggest mobile carrier Bharti Airtel.