The CCI on Thursday gave a clean chit to JSPL on allegations of cartelisation saying it hasn't found enough evidence to support claims of cartelisation, reports CNBC-TV18 quoting sources.
The market managed to recoup some of its losses on Tuesday with the Sensex scoring a 1 percent on short covering and ahead of beginning of two-day Federal Reserve meeting. However, the index shed 493 points in previous two sessions.
The government is likely to skip signing agreement with respect to the five block allottees. It was to sign the allotment letter today.
Shares of Jindal Steel & Power (JSPL) gained more than 8 percent intraday Monday after power generation unit Jindal Power won Tara coal block in Chhattisgarh for Rs 2,103 crore.