Coal consumers in India are taking evasive action to save their balance sheets
Stocks to Watch: Abrdn, formerly Standard Life, is looking to sell 2 per cent of its stake in private sector insurer HDFC Life via block trades on Tuesday
Coal India, City Union Bank, Cummins, IDFC First Bank and Piramal Enterprises are the five F&O stocks tha can deliver up to 21 per cent returns in the September series.
It is not just that state-owned company leadership are paid much less than what their smaller competitors are paid but their performance is not linked to rewards
The Fuel Supply Agreement (FSA) realisation was Rs 1,443 per tonne and the e-auction realisation was Rs 4,340 per tonne
Coal stocks at power generating plants rose to about 30 million tonnes last month, state-run Coal India said on Thursday, dispelling fears of shortages of dry-fuel during the monsoon season. The government has been making all efforts to build up coal stocks to avoid the reoccurrence of power outages seen during the summer this year. "...coal stock at power plants is close to 30 MTs, including imported coal, ending August 22 (till 29th). This is substantially higher than 12.8 MTs of August '21 when the stock plummeted by 11.2 MTs in a month," Coal India Ltd (CIL) said in a statement. The PSU said that enhanced supply of fuel from CIL helped the stock stabilise at power houses. "Closing stock for the month of August'22 is a six-year high barring 2020 when pandemic fuelled slowdown saw the stock at 37.7 MT," it said. With a stock of dry-fuel of 31 MT at CIL's pitheads, around 30 MT stock at power plants, and a little over 10 MT at PSU's sidings, goods sheds, private washeries, ports,
The company's consolidated revenue from operations rose 39% to Rs 35,092 crore in Q1FY23
CLOSING BELL: Among sectors, the Nifty IT index slipped 0.9 per cent, while the Nifty Metal index advanced 1.6 per cent
NTPC and Coal India had awarded import contracts to Adani
After long power outages owing to coal shortages over two years, the government and its principal producer have drawn up an integrated plan to preclude the annual seasonal supply dislocations
The latest wage revision which would benefit around 2.39 lakh non-executive manpower of coal India has been due since July 1, 2021.
To ensure adequate supply of coal to various sectors, including power, the government has set a target of 1 billion tonnes coal production for Coal India Ltd (CIL)
NMDC shares drop 5.3%; ONGC, Coal India and Bharat Electronics likely to see inflows of $31-46 million on account of the rebalancing
Workers are seeking a 47 per cent increase in wages - having earlier demanded a 50 per cent hike - while Coal India has offered a 3 per cent raise
A total of 11 importers and some overseas traders had shown interest in the tender during the pre-bid meeting
It had produced 124 MT coal in the year-ago period, Coal India Limited (CIL) said in a statement
The country's largest domestic supplier has been appointed a quasi-canalising agency for sourcing overseas supplies
The quarterly recapping of Nifty indices takes into account the changes in free-float market capitalisation (m-cap) of companies and realigns their weighting
Coal India braced up to meet its part of committed coal supplies to power sector, says Chairman Pramod Agrawal
Coal India unit North Eastern Coalfields is in the process of seeking clearances for putting into operation two of its mines in Assam in the current financial year