Coal linkage auction: Floor price may be at CIL's RoM rates
The initial floor price for the proposed auction of coal linkages should be fixed on the basis of CIL Run-of-Mine price and bidders have to bid for premium above this price for the relevant grade, an inter-ministerial panel has suggested.
Oct 02, 2015, 17:11 PM IST
CIL stake sale: Deadline for merchant bankers extended again
Government has again extended the date by another three weeks for submission of bids by merchant bankers interested in managing the Coal India's (CIL) 10 percent stake sale, which may fetch around Rs 19,600 crore.
Sep 28, 2015, 16:13 PM IST
Coal India may revise Rs 60,000-crore capex: Bhattacharya
Coal India Ltd, which had estimated a capital expenditure of Rs 60,000 crore to ramp up production to 908 million tonnes, may have to revise it in view of the proposed Land Acquisition Bill.
Sep 23, 2015, 22:36 PM IST
Bharat Bandh hits Coal India; production down to 50%
Majority of about 4 lakh coal workers across the country Wednesday joined the strike called by trade unions, hitting 50 percent of the about 1.7 million tonne (MT) day's production.
Sep 02, 2015, 18:28 PM IST
Coal India misses August output target by 3.8%
State-owned Coal India recorded an output of 36.21 million tonnes (MT) in August, missing the target by 3.82 percent.
Sep 01, 2015, 22:48 PM IST
Govt extends deadline for bids to manage CIL's 10% stake sale
Government has extended the date by three more weeks for submission of bids by merchant bankers interested in managing the 10 percent stake sale in Coal India (CIL), which is likely to fetch about Rs 22,450 crore.
Sep 01, 2015, 20:23 PM IST
Coal India stake sale: Trade unions up the ante
Major trade unions of Coal India opposed to any government proposal to 10 percent stake sale in the PSU will soon chalk out a strategy to take their protest forward.
Aug 19, 2015, 22:14 PM IST
CITU protests Coal India disinvestment plan
The Centre reportedly mulling disinvestment in the state-owned Coal India has triggered protest demonstrations by Left-backed CITU, even as the Congress-backed INTUC is yet to take a call on the matter.
Aug 18, 2015, 21:26 PM IST
CIL to seek shareholders' nod to extend CMD's tenure till 2017
Coal India will seek shareholders' nod for extending the tenure of Sutirtha Bhattacharya as its Chairman and Managing Director till August 31, 2017.
Aug 18, 2015, 21:16 PM IST
Coal India Q1 net profit drops 7% to Rs 3,764.34 crore
Coal India's consolidated net profit dropped by 6.6 percent to Rs 3,764.34 crore in the April-June quarter ended June 30, 2015 due to higher expenses.
Aug 12, 2015, 22:24 PM IST
Cabinet may consider Coal India stake sale proposal Wednesday
The Cabinet may consider Wednesday 5-10 percent stake sale in Coal India that could fetch up to Rs 24,800 crore to the exchequer.
Aug 11, 2015, 23:01 PM IST
Coal auction Day 1: Govt garners Rs 2,529 crore from 2 mines
The first day of third tranche of coal mines auctions Tuesday saw government garnering a total of Rs 2,529 crore from bidding of two blocks in Chhattisgarh and Maharashtra.
Aug 11, 2015, 21:10 PM IST
Coal imports drop by 11% to 19 mn tonnes in July
Coal imports declined by 11 percent to 19.30 million tonnes (MT) in July 2015 compared to the same month of previous year as higher availability of domestic fuel led power generation firms to defer imports.
Aug 04, 2015, 18:42 PM IST
Coal imports drop for first time in 15 months
India`s coal imports fell 11 percent to 19.3 million tonnes in July from a year earlier - the sharpest and the first drop in more than a year - as local supplies rose and money losing power generators held up purchases, commodities trader mjunction said.
Aug 04, 2015, 13:10 PM IST
Govt may import 210 mn tonnes of coal in 2015-16
Seeking to bridge the demand-supply gap, the government is likely to import around 210 million tonnes (MT) of coal in the ongoing fiscal.
Aug 02, 2015, 14:53 PM IST
CIL achieves 97% of coal output target at 34 MT in July
State-owned miner Coal India has produced 34.83 million tonnes (MT) of coal in July which is slightly below the targeted output of 36.04 million tonnes for the month.
Aug 01, 2015, 21:33 PM IST
Like CIL, PSUs can deliver on par with TCS, Infosys: Piyush Goyal
Better vision and leadership can help state-owned firms to perform on par with top private players like Infosys, Wipro and TCS as has happened with Coal India Ltd which registered 12 percent spurt in output, Coal and Power Minister Piyush Goyal has said.
Jul 08, 2015, 22:16 PM IST
CIL may exceed production target by 60 mt this year: Coal secy
Coal India is likely to increase its production by over 60 million tonne in the current financial year on account of measures taken by the state-run firm, a senior government official said Tuesday.
Jun 09, 2015, 19:39 PM IST
Coal India to invest Rs 5000 cr to procure railway wagons
Coal India will invest Rs 5,000 crore in the Railways to procure wagons for speedy transportation of coal.
May 28, 2015, 22:49 PM IST
Coal India Q4 net profit drops 4.4% to Rs 4,238 crore
State-owned Coal India Thursday reported 4.4 percent decline in consolidated net profit at Rs 4,238.55 crore for the quarter ended March 31, due to higher expenses.
May 28, 2015, 19:44 PM IST
