Veerappa Moily

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Panel to take more time


Hyderabad: A delegation of Seemandhra Congress leaders comprising Union ministers and MPs was given an assurance by members of the A.K. Antony Panel in New Delhi on Wednesday that the formation of th

No roll-back of increase in diesel prices: Moily


Ruling out roll-back of the “small” 45 paisa increase in diesel prices, oil minister M. Veerappa Moily today said bulk consumers like Railways will have to find their own budget to buy the fuel at market price.

De-allocated coal blocks should be given to power projects: Moily


Coal blocks that are deallocated by the government after review of their status should be given to the upcoming power projects to meet the capacity addition target of 85,000 MW in the 12th Five Yea

Unfair to hold PM responsible for coalgate: Moily


Defending Prime Minister Manmohan Singh, Corporate Affairs and Power Minister M. Veerappa Moily on Saturday said it was 'unfair' to hold him responsible for 'coalgate' as it was a collective decision

Govt plans index for reflecting corporate sector’s strength


The government is planning to come out with a business development index based on economic parameters to reflect the strength of Indian corporate sector.

Govt mulls prison term for chief secys for power overdrawal


The government is contemplating levying heavy penalties on states overdrawing electricity that results in grid failure and possible imprisonment of chief secretaries to check the menace.

"I am contem

Power Ministry moots independent audits of transmission grids


The Power Ministry on Monday proposed to carry out independent audit of transmission grids within three months, a move that comes amid massive failures of grids last week that affected half of the cou

Don't want to start with blame-game: Moily


The newly-appointed Power Minister Veerappa Moily on Wednesday refrained from blaming states for over-drawing electricity that may have led to the collapse of the three grids on Tuesday and said he wi

Moily hits out at rating firms for lowering India's outlook


Hitting out at global rating firms for downgrading India's credit outlook, Corporate Affairs Minister Veerappa Moily on Wednesday said there was no 'economic tsunami' in the country and they should re

Moily hits back at corporate honchos for criticising govt


Hitting back at corporate honchos criticising the government over the current state of the economy, Corporate Affairs Minister Veerappa Moily on Thursday said 'perceptions cannot undo fundamentals'

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.