The pressure on e-auction premiums, commodity prices led by coronavirus spread and stake sale overhang remain key concerns
Going by the experience and track record of IPOs of ONGC, Coal India and a dozen other PSUs, it is doubtful whether investors will reap reasonable capital appreciation and dividends.
Coal distribution through e-auction was introduced with a view to providing access to coal for such buyers who are not able to source the fuel through available institutional mechanism
Joshi said India stood fifth in terms of coal reserves and the Centre was working towards achieving self-sufficiency in coal production
Net sales stood at Rs 21,566.41 crore during the quarter under review as against Rs 23,385.43 crore in the corresponding period a year ago
The company had produced 469.65 million tonnes (MT) of coal in the year-ago period
Just about a month old and 2020 is turning out to be an interesting, even momentous, year for businesses in India
The miner's comment came after the Comptroller and Auditor General (CAG) of India, in a report, said that six, out of seven coal producing subsidiaries of CIL, did not formulate environmental policies
India must find its own sources of funding
BlackRock's alternatives business will make 'no future direct investments in companies that generate more than 25 per cent of their revenues from thermal coal production'
Removal of end-use restrictions is a major step forward
Fuel supply agreements protect large chunk of its business from competition; pick up in power sector holds key for growth in FY21
The coal allocation by the PSU under the scheme increased to 4.05 MT in November, 2019, over 1.53 MT in November 2018
Sebi, in its October 2017 report on corporate governance, said listed firms should have a different person heading the management and another in place as chairman of the board
Shipments fell 3.8 per cent in 2019 from a year ago to 580.8 million tonnes, according to Bloomberg calculations based on data from the state-run company dating back to 2013
Decision to auction coal blocks to commercial miners is overdue
The world's largest coal miner had supplied 320 million tonnes (MT) of coal in April-November period of the previous fiscal
For Asian Paints keep a stop at Rs 802 and go short
In contrast, coal volumes grew by 11 per cent in FY19
Coal India Ltd (CIL) has announced plans to develop 20 GW of solar capacity over 10 years at an estimated investment of Rs 1 trillion