TheNewsClues
Clues by Admin • 20 Jul 2018, Friday
The government may offload 5% to 10% of its equity holding in Coal India Ltd’s (CIL) through an offer for sale in an effort to comply with the norm requiring listed companies to have at least 25% public shareholding. The company ... Continue Reading
Read More at The Economic Times
Clues by Admin • 30 May 2018, Wednesday
Coal India Ltd. saw a 52% decline in net profit in the fourth quarter from Rs 2,718.8 crore to Rs 1,295.3 crore in the January to March period of 2017-18. Despite a 3.8% rise in annual income to Rs 87,268.6 crore, annual profit fell by ... Continue Reading
Read More at The Hindu
Clues by Admin • 29 May 2018, Tuesday
Coal India Ltd’s profit plunged 52% in the March quarter (Q4 FY18) due to higher expenses, the state-run firm said in an exchange filing on Tuesday. Profit was Rs 1,295 crore ($190.55 million) in the three months ended 31 March, compared with ... Continue Reading
Read More at Livemint
Clues by Admin • 30 Mar 2018, Friday
In a bid to retain its market share post liberalisation allowing private participation in coal mining, Coal India plans to keep its prices lower than the private players. The company plans to reduce its production costs and attain higher economies ... Continue Reading
Read More at Business Standard
Clues by Admin • 30 Mar 2018, Friday
According to a top executive, Coal India Ltd, the world’s largest coal miner, plans to set up 20,000 megawatts (MW) of solar projects over the next 10 years. The total investment cost is estimated at around Rs 90,000 crores. The company ... Continue Reading
Read More at Livemint
Clues by Admin • 21 Mar 2018, Wednesday
The government granted Coal India’s request to allot additional coal mines to Eastern Coalfields Ltd (ECL), Bharat Coking Coal Ltd. (BCCL) and Western Coalfields Ltd. (WCL) to make these subsidiaries a 100 million tonne producing units. Allocation of 11 mines ... Continue Reading
Read More at The New Indian Express
Clues by Admin • 6 Mar 2018, Tuesday
The Cabinet Committee on Economic Affairs (CCEA) has approved private participation in coal mining in a much awaited reform.  India still accounts for over 70% of power generation based on coal supply. There shall be no restriction on the sale ... Continue Reading
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