Cil

  • 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...
  • Hindalco unlikely to get tapering coal linkage for power plant 18-10-2013 04:50 PM

    New Delhi: Aditya Birla Group firm Hindalco is unlikely to get tapering coal linkage for its captive power plant in Odisha with the Coal Ministry conveying to the firm that state-owned CIL does not have sufficient fuel. "Hindalco had approached the Coal Ministry seeking tapering linkage for its captive power...
  • Coal India, trade unions to meet on Sep 11 on stake sale issue 06-09-2013 03:23 PM

    New Delhi: State-owned Coal India (CIL) will hold a meeting with five trade unions next week to persuade them to withdraw their strike notice against the government's move to divest five per cent stake in the PSU firm. The development follows the five major trade unions representing the workers of...
  • 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 Ministry not in favour of CIL stake sale 19-05-2013 12:11 PM

    New Delhi: Lingering row between CIL and power producers such as NTPC is casting a shadow over 10 per cent divestment plans in the coal major as its parent ministry has reservations about stake sale till issues, like Rs 9,000 crore dues owed by electricity utilities, are resolved. "Coal Ministry...
  • Govt may take final call on coal price pooling on Monday 21-04-2013 01:25 PM

    New Delhi: The government may take a final decision on Monday on blending of prices of imported coal and domestically-produced fuel or price pooling of coal. "The Cabinet Committee on Economic Affairs (CCEA) may meet on April 22 to discuss coal price-pooling," a government official said. Price-pooling is the averaging...
  • 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...