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NTC's 22 mills record losses of Rs 126 crore

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Losses of 22 mills of the National Textiles Corporation (NTC) have risen more than 11-fold to Rs 126.05 crore in 2011-12 compared to Rs 11.10 crore in the previous year. Problems have been faced in optimum capacity utilisation of the mills on account of the acute power cut in Tamil Nadu where seven mills are located, besides labour shortage," minister of state for textiles Panabaaka Lakshmi said.

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CoalMin identifies 54 blocks for allocation through auction

Amid controversies over allegations of irregularities in allocation of coal mines, the Coal Ministry has identified 54 blocks to be allocated to ...

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