Page 21 - Coal India

Unhappy over 100% FDI in coal mining, workers to go on strike on Sept 24

A day's strike can affect Coal India's production in the range of 1.5-2.5 million tonne

Unhappy over 100% FDI in mining, coal workers to strike on 24 Sep

Major central trade unions, including INTUC, AITUC, CITU, HMS and AICCTU, are supporting the strike

From Coal India to ONGC, shares of PSUs log biggest gain in four months

Among its constituents Coal India rose 7.3 per cent, ONGC 5.3 per cent, BPCL 4.5 per cent, and Nalco and Indian Oil by above 3 per cent each

Metal stocks shine on positive global cues; Coal India gains 6%

Metal stocks gained after China said it will hold trade talks with the United States in early October, raising hopes they can de-escalate their trade war.

Coal India shares dip 3% as competition from private miners looms

Lead time for mine development, challenges in commercial mining are issues NTPC and private miners will have to overcome

Coal India gets jittery over 100% FDI, commercial mining in sector

Company officials are of the view that with these two developments, its largest consumer, NTPC may develop its own coal mining capabilities which in turn will result in reduced demand from it

Falling share prices likely to hit Centre's disinvestment target

Investment bankers said the falling share price of PSUs would mean that the government would not only miss the disinvestment target but also not get good valuation

Washery tenders delayed, clean coal plan in soup: Here're the details

Coal washing improves the quality by reducing the ash content to 33 per cent from the earlier 40-45 in average coal in India

Coal India warns against fake recruitment notice for 88,585 jobs at SCCLCIL

Agencies like SCCLCIL try to lure the potential job seekers with job offers

Near-term worries outweigh Coal India's Q1 gains; stock falls 1.6%

Further fresh auction of coal mines to private players can also lead to higher competition for Coal India

Coal India net profit rises 22.28% to Rs 4,629.87 cr in June quarter

Despite flat sales volume, higher prices drove the company's sales revenue to rise by 3.64 per cent to Rs 23,223 crore

Coal India clears over 44% rake backlog to non-power sector consumers

Company sources estimate that this entire backlog of rake allocation can be cleared in the next 3-4 months

Four years on, auctioned coal mines still behind production target

After a Supreme Court judgment cancelled all coal mine allocations made over the past decade, the BJP-led central government held e-auction to reallocate them

Govt to auction over 41 new coal blocks 'very shortly', says Pralhad Joshi

He told the Lok Sabha that a number of important steps have been taken to augment and monitor coal dispatches to power plants

Coal India arm to fly drones in fields by August, will buy two initially

The company is on the lookout for UAVs with extremely high endurance time and a massive payload capacity

Coal India to hire merchant bankers for buying stakes in Australian assets

State-run miner is eyeing assets abroad as it feel domestic production would be insufficient to meet coking coal and high-grade fuel demand

Coal India targets 8% growth in output, lines up Rs 10,000 cr capex in FY20

The target for revenue from operations (net) has been fixed at Rs 1 trillion for FY2019-20

Volumes key for Coal India after surprisingly strong Q4 performance

Higher prices aided profitability but e-auction realisations falling

Coal India posts record 362.46% rise in Q4 profit; net revenue jumps 7.53%

Coal India earned a net profit of Rs 1,302.63 crore the same quarter in FY18

Coal India using space technology to curb pilferage and illegal mining

While there are no official figures, one estimate pegs pilferage at 6.8 mn tonnes, which works out to a loss of Rs 900 cr a year