close
This ad will auto close in 10 seconds
CIL unions to meet Piyush Goyal Monday, may discuss disinvestment

CIL unions to meet Piyush Goyal Monday, may discuss disinvestment

Five worker unions of state-owned CIL will meet Coal and Power Minister Piyush Goyal Monday to deliberate on various issues, including disinvestment.

In CIL stake sale LIC bought almost 50% of shares on offer

Country's largest insurer LIC picked up almost half of the shares on offer in the Coal India's Rs 22,558 crore disinvestment, once again coming in to ensure success of a government stake sale.

Coal India's base issue size of 5% fully covered 

Coal India's base issue size of 5% fully covered 

The government`s sale of a 5 percent stake in Coal India Ltd was fully covered by 2.33 p.m. on Friday, data from stock exchanges showed. The offering has a green shoe option, or provision to sell an additional stake of 5 percent.

CIL down 4% as floor price for stake sale set at a discount

CIL down 4% as floor price for stake sale set at a discount

The retail category of 12.63 crore shares got bids for over 7.20 lakh shares (0.57 percent). The general category of over 50.53 crore shares were subscribed nearly 0.75 percent.

CIL stake sale begins; shares tank nearly 4% in early trade

CIL stake sale begins; shares tank nearly 4% in early trade

The retail category of 12.63 crore shares got bids for over 7.20 lakh shares (0.57 percent). The general category of over 50.53 crore shares were subscribed nearly 0.75 percent.

CIL stake sale today; government eyes Rs 22,600 cr

CIL stake sale today; government eyes Rs 22,600 cr

The floor price was fixed on Thursday at a discount of about 5 percent from the current market price of Coal India (CIL), where the government presently holds nearly 90 percent stake.

CIL dividend to make up for disinvestment shortfall in FY'14

With Coal India deciding to pay around Rs 16,485 crore as interim dividend, the government will be able to make up for the shortfall in the disinvestment target of Rs 40,000 crore for the current fiscal.

PMO to meet Coal Min this week on CIL disinvestment

Various aspects of the disinvestment are likely to be taken up, including the proposed strike that was deferred to December 17 from September 23, he added.

Coal India, trade unions to meet on Sep 11 on stake sale issue

The government is likely to clear by next week appointment of legal advisors to manage the disinvestment of 5 percent stake in (CIL).

CIL disinvestment: Govt may appoint 2 legal advisors next week

The government is likely to clear by next week appointment of legal advisors to manage the disinvestment of 5 percent stake in Coal India (CIL).

Govt considering 10% divestment in Coal India

The Finance Ministry had earlier moved a draft note of the Cabinet Committee on Economic Affairs (CCEA) for inter- ministerial comments for stake sale in CIL.