Coal production has witnessed an increase of 7.4% in the April-December period of the ongoing fiscal, said Piyush Goyal
Weak volume growth likely to put pressure on more profitable e-auction segment
The total outgo from Coal India's coffers as expense for this interim dividend is to the tune of Rs 45 billion
Falling international coal prices are a risk to e-auction premiums
Tata Motors, Balkrishna Ind, Deepak Fertilisers, HSIL, Jindal Stainless, Navkar Corp, Quess Corp, SPARC and Sundaram Clayton were among 20 stocks from the BSE500 index hitting 52-week lows today.
Coal India accounts for over 80 per cent of domestic coal production
A mine rationalisation drive is underway, which will either shut down unviable mines or merge a series of small mines to come up with a single coal block and acquire new mines
Rising coal production and prices should help deliver strong profit growth though Q2 numbers missed estimates
Consolidated expenses of the company during the September quarter rose to Rs 190.915 bn from Rs 181.437 bn a year ago
Coal India employees would be given the option to buy the company's shares at a 5% discount over the final discovered price in the latest disinvestment move
Coal shortage in India had followed an annual cyclical pattern. This year that pattern has not played out
This policy will help augmenting offtake as consumers would prefer to have a select source of coal, which ensures a steady coal grade and quality
In the April-October period of 2017-18, the company's coal production was 278.03 MT, Coal India Ltd (CIL) said in a statement
Bids for 61.91 million shares were received from individual investors, as against the base issue size of 39.6 million
This year, Tata Hitachi is expected to import 10 pieces of 87-tonne earthmoving machine
The stock was down 4% to Rs 265, extending its previous day's 4% decline on the BSE after the company's OFS of its equity shares began at price of Rs 266 per share today.
Sebi norms stipulate that the govt may hold a maximum of 75% in any public sector undertaking and had set an earlier deadline for Coal India which expired in August this year
The shares will be sold at a floor price of Rs 266 apiece, and the sale will be conducted on Wednesday and Thursday, the company said in a filing
The new FSA tenure would be applicable from the fourth tranche of the auction of coking coal linkages for the steel sector to be held shortly
Power industry body ICPPA has requested the PMO to take steps to address the issue of coal availability