Page 16 - Coal India

From ONGC to Coal India, PSUs set to pay higher dividend with tax savings

The PSU stocks, though, could see risk due to greater disinvestment for fiscal 2020, global financial firmBank of America Merrill Lynch said

Coal India's executive hiring set to jump 17% with 7,000 new recruits

The world's largest coal miner expects roles of executives becoming important with more modern, automated and environment-friendly mining activities

NTPC contains tariff rise with fall in coal imports, power blending

Govt-owned power generator saw its average nominal tariff rise marginally from Rs 3.30 to Rs 3.38 a unit between 2013-14 and 2018-19 even as Coal India post-tax coal prices rose at a 4.1% CAGR

BHEL, BSNL, Coal India warn of pay cuts after unmet targets, cash crunch

BSNL has moved to impose a penalty recoverable from staff salary in proportion to non-achievement of targets

Coal likely to remain in short supply until 2024, CIL tells govt

Coal India also said the deficit may widen to 262.4 million tonne in the current financial year, if the Centre brings in more schemes

Unhappy over 100% FDI in coal mining, workers to go on strike on Sept 24

A day's strike can affect Coal India's production in the range of 1.5-2.5 million tonne

Unhappy over 100% FDI in mining, coal workers to strike on 24 Sep

Major central trade unions, including INTUC, AITUC, CITU, HMS and AICCTU, are supporting the strike

From Coal India to ONGC, shares of PSUs log biggest gain in four months

Among its constituents Coal India rose 7.3 per cent, ONGC 5.3 per cent, BPCL 4.5 per cent, and Nalco and Indian Oil by above 3 per cent each

Metal stocks shine on positive global cues; Coal India gains 6%

Metal stocks gained after China said it will hold trade talks with the United States in early October, raising hopes they can de-escalate their trade war.

Coal India shares dip 3% as competition from private miners looms

Lead time for mine development, challenges in commercial mining are issues NTPC and private miners will have to overcome

Coal India gets jittery over 100% FDI, commercial mining in sector

Company officials are of the view that with these two developments, its largest consumer, NTPC may develop its own coal mining capabilities which in turn will result in reduced demand from it

Falling share prices likely to hit Centre's disinvestment target

Investment bankers said the falling share price of PSUs would mean that the government would not only miss the disinvestment target but also not get good valuation

Washery tenders delayed, clean coal plan in soup: Here're the details

Coal washing improves the quality by reducing the ash content to 33 per cent from the earlier 40-45 in average coal in India

Coal India warns against fake recruitment notice for 88,585 jobs at SCCLCIL

Agencies like SCCLCIL try to lure the potential job seekers with job offers

Near-term worries outweigh Coal India's Q1 gains; stock falls 1.6%

Further fresh auction of coal mines to private players can also lead to higher competition for Coal India

Coal India net profit rises 22.28% to Rs 4,629.87 cr in June quarter

Despite flat sales volume, higher prices drove the company's sales revenue to rise by 3.64 per cent to Rs 23,223 crore

Coal India clears over 44% rake backlog to non-power sector consumers

Company sources estimate that this entire backlog of rake allocation can be cleared in the next 3-4 months

Four years on, auctioned coal mines still behind production target

After a Supreme Court judgment cancelled all coal mine allocations made over the past decade, the BJP-led central government held e-auction to reallocate them

Govt to auction over 41 new coal blocks 'very shortly', says Pralhad Joshi

He told the Lok Sabha that a number of important steps have been taken to augment and monitor coal dispatches to power plants

Coal India arm to fly drones in fields by August, will buy two initially

The company is on the lookout for UAVs with extremely high endurance time and a massive payload capacity