Reacting to CAG's report on coal block allocation and losses to ex-chequer, SL Rao of CERC told CNBC-TV18 that it is too late for the government to be able to do much about it because coal allocated has already been consumed.
One section in the Banking Laws Amendment Bill, 2011 is fuelling a potential turf war – with sectoral regulators on one side and the Competition Commission of India on the other.