Power
Threat looms over power supply as coal strike enters third day
07 Jan 2015
The almost unprecedented strike by workers of state-run monopoly Coal India Ltd and its several subsidiaries had shut down about half of CIL’s production and dispatches
Coal India unions spurn talks, go ahead with massive strike
06 Jan 2015
With last-ditch reconciliation efforts failing, the trades unions of state-run monopoly Coal India Ltd and its various subsidiaries today launched a five-day strike, which they termed the biggest industrial action for any sector since 1977
Unions unite to threaten massive 5-day coal strike
05 Jan 2015
Power output is likely to be hit even as Coal India said it is rushing supplies to producers ahead of the near-unprecedented stir
Alstom to pay record $772 mn to settle US bribery charges
23 Dec 2014
According to the US Department of Justice, Alstom has paid a total of more than $75 million to secure $4 billion in projects around the world, and profited around $300 million