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Coal India

Coal India Q4 net up 362% to Rs 6024 crore

The company's sales was at Rs 26,704.27 crore for the quarter under review against Rs 24,747.10 crore in the same period of FY'18.

May 31, 2019, 11:06 AM IST

Government stake in Coal India reduces to 72.33%

Following the recent buy back of 0.72 percent of shares, the promoters (government) holding is now at 72.33 percent.

Mar 26, 2019, 10:43 AM IST

Five independent directors reappointed to CIL board

Coal India accounts for over 80 per cent of the domestic coal output.

Nov 19, 2018, 12:58 PM IST

Govt's 3% share sale in Coal India over-subscribed; to fetch Rs 5,000 crore

The government is selling over 18.62 crore shares or 3 percent in Coal India Ltd (CIL) at a floor price of Rs 266 apiece.

Nov 01, 2018, 16:17 PM IST

LIC raises stake in Coal India to 9.4%

The PSU which accounts for over 80 percent of the domestic coal production is eyeing 600 million tonnes of output in the ongoing fiscal.

Nov 01, 2017, 21:58 PM IST

GIC Re sets Rs 855-912 IPO price band, may scoop up Rs 11,370 crore

The Corporation is likely to become 10th largest reinsurer in the world within a year as it plans to acquire a syndicate at Lloyd's next fiscal.

Oct 04, 2017, 18:40 PM IST

Step up capital spending: Finance minister to CPSEs

The meeting was about capex, and as the country is on the growth path, the companies were advised to increase capex, NLC India Chairman and Managing Director S K Acharya said after the meeting.

Sep 28, 2017, 16:04 PM IST

SBI Life to launch India's first billion dollar IPO in seven years

The IPO will raise as much as 84 billion rupees ($1.3 billion) for SBI Life`s two main shareholders - State Bank of India and BNP Paribas Cardif - which are paring their stakes.

Sep 12, 2017, 20:06 PM IST

CCL chief Gopal Singh interim CMD of Coal India

Singh succeeds Sutirtha Bhattacharya, who retired on Thursday, the state-owned Coal India (CIL) said in a filing to the BSE.

Sep 01, 2017, 18:02 PM IST

Coal India seeks to limit wage outgo

Coal India profits are under pressure due to sharp rise in expenses with wage being an important component.

Aug 20, 2017, 15:58 PM IST

Coal India set to shut down high-risk mines

In December last year, CIL arm Eastern Coalfields saw Lalmatia mine collapse that claimed 18 lives.

Jul 24, 2017, 14:41 PM IST

Govt to assess impact of CSR activities undertaken by PSUs

For the first time, the NDA government is planning to conduct a study for assessing the impact of corporate social responsibility projects undertaken by various public sector firms.

Jun 13, 2017, 17:39 PM IST

Coal India to focus on marketing, renames sales and marketing wing

State-run miner Coal India has rechristened its sales and marketing wing as 'Marketing and Sales' department in order to give more stress on marketing of the fossil fuel.

May 31, 2017, 14:11 PM IST

'Lower tax on coal under GST to help CIL clear stockpile'

The 5 percent GST on coal will help state-owned CIL to find consumers for its 62 million tonnes of stock piled up at its pithead, an official said.

May 25, 2017, 18:20 PM IST

Coal India to engage tax consultant to get ready for GST

Coal India, the largest coal producer in the world, is engaging a tax consultant to assist the miner and its subsidiaries in getting ready for the Goods and Services Tax (GST) and indirect taxes for the miner.

May 06, 2017, 19:15 PM IST

Coal India director R Mohan Das' services terminated

State-owned Coal India on Friday announced the termination of the services of one of its directors R Mohan Das with effect from yesterday.

Mar 31, 2017, 16:20 PM IST

CCI slaps Rs 591 crore penalty on Coal India

Competition Commission on Friday imposed a fine of Rs 591 crore on state-owned Coal India for having discriminatory conditions in fuel supply pacts.

 

Mar 24, 2017, 19:45 PM IST

SAIL, BSNL, Air India worst performing PSUs in FY16: Survey

Coal India, ONGC and Indian Oil Corporation emerged as star financial performers among India's central public sector enterprises in 2015-16, whereas SAIL, BSNL and Air India incurred most losses, a government survey has showed.

Mar 24, 2017, 15:31 PM IST

CIL may miss output target by 20 MT this fiscal: Coal Secretary

State-owned Coal India is likely to miss the production target by 20 MT and may end up producing up to 578 million tonnes this fiscal due to a string of issues, including evacuation and demand-supply, a top official has said.

Mar 12, 2017, 12:58 PM IST