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CIL obliges govt with payout, doles out more than it earns

Jan 15, 2014

CIL obliges govt with payout, doles out more than it earns

Given that Coal India's earnings for FY14 are estimated at Rs 18,000 crore, the cash-rich PSU seems to be shelling out more than what it will be earning this year too by digging into its cash reserves of Rs 62,000 crore. #Competition Commission of India #coal india #PSU #Interim dividend #fiscaldeficit
Coal India challenges CCI's Rs 1,773 cr penalty, seeks stay on order

Jan 09, 2014

Coal India challenges CCI's Rs 1,773 cr penalty, seeks stay on order

Competition Commission of India (CCI) had imposed Rs 1,773 crore fine on Coal India, the first major penalty by the regulator on a state-owned entity, for allegedly abusing its dominant position in fuel supplies. #Competition Commission of India #NewsTracker #coal india #PSU #FSA #Coalgate #Competition Appellate Tribunal
Jet-Etihad deal: CCI rejects plea to remove 'joint control' view

Nov 28, 2013

Jet-Etihad deal: CCI rejects plea to remove 'joint control' view

Competition Commission has held on to its observation about Etihad gaining joint control in Jet Airways and "significant" rights to appoint directors with a 24 per cent stake purchase, while rejecting a plea to "rectify" its order that approved the deal earlier this month. #Competition Commission of India #NewsTracker #Naresh Goyal #Jet-Etihad Deal
CCI to hold more discussions before taking final view on Jet-Etihad deal

Oct 27, 2013

CCI to hold more discussions before taking final view on Jet-Etihad deal

Competition Commission will have more discussions before taking a final view on the proposed Rs 2,058 crore Jet-Etihad deal. #Competition Commission of India #Jet Airways #NewsTracker #Naresh Goyal #Jet #Etihad AIrlines #Jet-Etihad deals
Jet expects to close Etihad deal by year end, despite posting losses

Oct 25, 2013

Jet expects to close Etihad deal by year end, despite posting losses

Jet Airways expects to conclude a $334 million stake sale to Abu Dhabi's Etihad by the year-end, the Indian airline said, one day after posting a record quarterly loss. #India #China #Business #Competition Commission of India #Jet Airways #SpiceJet #Air Asia #Kingfisher #Singapore Airlines #indian #Indian aviation #Etihad
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