Defaulters: The finance ministry has asked banks to take all possible penal action, including lodging first information report (FIR) against wilful defaulters to deal with the rising non-performing assets.     pti
Coal India: The government on Tuesday said that coal behemoth Coal India Limited has decided to set up 16 coal washeries in its various subsidiaries aimed at making the fossil fuel more competitive.     pti
Stake purchase: ONGC Videsh Ltd and its partners Oil India and Indian Oil are mulling buying 11 per cent stake that Malaysia’s Petronas has decided to give up in a $20 billion oil project in Venezuela.     pti
NSEL defaults: National Spot Exchange defaulted for the fourth consecutive week as it could pay only Rs 7.77 crore  to investors out of scheduled Rs 174.72 crore. It had defaulted in payments on three earlier occasions.     pti
Sebi measures: Capital market regulator the Sebi on Tuesday said it will announce some important measures to improve liquidity and trading mechanism for the corporate bond market in “a couple of days”.     pti
SCOPE chief: The government has nominated Dr UD Choubey, director-general, Standing Conference of Public Enterprises (SCOPE), as a member on the Board of Governors of the National Safety Council.     sns