Coal India Ltd

  • JSW Steel gets nod to use CIL rail infra for Rohne mine 08-04-2014 04:02 PM

    Coal India Ltd (CIL) has agreed to let JSW Steel use rail infrastructure of its arm CCL so that the private firm is able to mine and transport coal from a Jharkhand block allocated to it for captive use. The nod follows a meeting of a high-level panel on clearing...
  • Jharkhand asks Planning Commission to study impact of CIL mining on state 28-01-2014 12:17 AM

    Jharkhand government has asked the Planning Commission to assess the impact of mining by Coal India on the state's economy in order to ask for compensatory measures. The development comes close on the heels of the Jharkhand government slapping notices for recovery of land rent to the tune of Rs...
  • Government seeks Rs 25,000 crore from CIL for using state property for coal mining 23-01-2014 09:33 AM

    The Jharkhand government has sought Rs 25,000 crore as 'preliminary' amount from Coal India Ltdfor excavating coal in the state without paying any compensation to it, a move that could hit the company hard. "Coal India has acquired land for mining in the state through Coal Bearing Areas Act. It...
  • Coal scam: Attorney General to reply to SC over role of CIL in block identifications, allotments 24-09-2013 10:05 AM

    The Centre on Monday filed its affidavit in the Supreme Court stating various developments taking place since 1992 on coal block identification and allocation to private companies. In its 24-page affidavit, backed by voluminous records, the Centre contended the Coal India Ltd is the lessee of state governments in respect...
  • Auctions of the explored coal block likely by Dec-Jan, indicates Govt 06-09-2013 06:02 PM

    The government, on Friday, said the auction of explored coal blocks may take place either by December or the beginning of the next year. "The auction of explored coal blocks is likely to be undertaken in December or by January 2014," Coal Secretary S K Srivastava said at a CII...
  • Coal India shares jump over 2 per cent post Q4 results 21-05-2013 12:59 PM

    Mumbai: Shares of Coal India Ltd (CIL) on Tuesday gained over 2 per cent after the company reported nearly 90 per cent jump in standalone net profit for the fourth quarter ended March 31. After making a bullish opening, shares of the company rose further by 2.57 per cent to...
  • Coal India overtakes RIL as most valued firm 17-08-2011 05:20 PM

    Mumbai: State-run Coal India on Wednesday toppled Reliance Industries Limited (RIL) as the country's most valued company, ending billionaire Mukesh Ambani-led corporate giant's over four-year rein at the top of the market valuation charts. With an over 2 per cent gain in its share price, the public sector coal giant...