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PM Modi to dedicate projects worth over Rs 9,600 crore in Gorakhpur today
Fp Staff •The projects include the newly built fertilizer plant of Hindustan Urvarak Rasayan Limited (HURL), AIIMS building and ICMR's regional unit Regional Medical Research Centre
Paytm Rs 18,300-crore IPO subscription to open on 8 November
•The company has filed papers with markets regulator SEBI and is planning to get listed on 18 November
Maharashtra energy minister says state facing 4,000 MW power shortage, blames Coal India for supply crunch
•The Congress minister also accused Coastal Gujarat Power Ltd and JSW of not supplying power to Maharashtra despite having agreements to this effect
India stares at energy crisis with coal stocks down to days
•The shortages have stoked fears of potential black-outs in parts of India, where 70 percent of power is generated from coal
Coal crisis deepening as 64 non-pithead power plants left with less than 4 days of dry fuel stocks
•The latest report on coal stocks for power plants from the Central Electricity Authority (CEA) also showed that 25 such power plants had coal stocks for less than seven days as on 3 October.
Coal India may announce 20-25% additional dividend for shareholders on 14 June
•The board will try declaring another round of dividend but it is expected to be less than two interim dividends of Rs 7.5 and Rs 5 on each share of Rs 10 each, sources said
Sensex reclaims 50,000-benchmark amid hectic buying in IT, auto, FMCG sectors; Nifty ends in green
Trendingdesk •The top five gainers were Tata Motors, M&M, Wipro, Adani Ports and NTPC, while the top losers were ONGC, HDFC, Dr Reddy’s Labs, Coal India and Power Grid Corp
Assam forest dept slapped Rs 43.25 cr fine on Coal India for carrying out 'illegal mining'
•The Assam forest department has slapped a penalty of Rs 43.25 crore on PSU major Coal India Ltd for carrying out "illegal mining" inside a reserve forest for 16 years from 2003, officials said on Wednesday
Coal ministry announces steps to boost demand for dry fuel; extends relief measures for Coal India consumers
•Coal minister Pralhad Joshi announced several relief measures for consumers of Coal India, including the power sector, in the wake of situation arising from coronavirus.
Coronavirus Outbreak: Coal India offers deferred payment option to consumers
•Coal India Ltd has offered deferred payment facility to both power and non-power consumers to provide relief and help improve their liquidity during the lockdown imposed by the government to contain coronavirus infection