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.
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
Govt wants power plants to keep buying coal despite weak demand; electricity consumption slumps 21% in first two weeks of lockdown
Power plants buying coal now is crucial for Coal India, as the state-run company’s production and supply capabilities are at their peak.
Western Coalfields Ltd (WCL), a subsidiary of Coal India, has slashed the coal auction floor price of specific mines by 10 percent, a statement said
Coal India, which accounts for over 80 percent of domestic coal output, had set an ambitious target of 660 million tonnes of production for 2019-20.
State-owned CIL has asked its subsidiaries to take proactive steps to prevent the spread of coronavirus
Sensex surges over 400 points in early trade in line with Asian peers; Bharti Infra, Coal India among top gainers
Starting off on a higher note, the Sensex further gained strength as the trade progressed and quoted at 41,302.80, a rise of 408.42 points or 1 percent
Coal India will exceed last year's production figures of 606.9 million tonne in current fiscal: Official
Despite coal production being hampered at Dipka mines due to prolonged rains, Coal India Ltd will exceed last year's production figures, a top coal ministry official said here on Tuesday
Bharat Bandh 2020: Banking services impacted in several states as nationwide trade union strike advances
Bank employees have extended support to the Bharat Bandh call given by 10 central trade unions, AIBEA general secretary CH Venkatachalam said.
Coal allocation by CIL to power sector under e-auction drops 23% to 16.95 million tonnes in April-November
State-owned Coal India allocated 16.95 million tonnes (MT) of the dry fuel under special forward e-auction to the power sector in the April-November period of this fiscal, down 22.6 percent over the year-ago period
Reliance Industries topples Indian Oil Corporation to become country's largest company in Fortune India 500 list
Boosted by its consumer-facing businesses like organised retail and telecom, Reliance Industries ended state-owned Indian Oil Corporation's (IOC) 10-year reign as India's largest company, topping the Fortune India 500 list
Miners lobbying against govt proposal to link new coal index to international prices; fear move will dent local coal’s competitiveness
Indian miners are lobbying against a government proposal to link a new coal index to international prices, which could delay creation of the index
'Complete strike' at Coal India, Singareni mines against Centre's decision to allow 100% FDI, claim trade unions
Trade unions on Tuesday claimed that production and dispatch has come to a "complete halt" at the mines of Coal India Ltd and Singareni Collieries Company Ltd, owing to the one-day strike against the Centre's decision to allow 100 percent FDI in coal mining
100% FDI in coal mining: CIL output likely to be hit as workers' unions call for one-day strike today
Coal India produces around 2 million tonne of coal a day and the state-run miner accounts for over 80% of the country's coal production.
In a bid to liberalise the coal sector, the government is planning to invite global players for the roll-out of auction plan for commercial mining by December this year, Union Minister Pralhad Joshi said on Thursday
Prabhat Dairy mocks investors by delisting share, AC business may get a boost; all this and more on Moneycontrol Pro
Delisting of shares of Prabhat Dairy has been announced at Rs 63.77 a share which is at a discount to Rs 79.30, the price at which the company’s shares were changing hands a day before the announcement.
New FDI norms: Investment should be driven by domestic private sector; manufacturing must get priority in fund infusion
The framework also allows 100 percent FDI in all coal activity which is good for the users to the extent that investment flows in which can reduce cost and increase availability.
Clarification: Firstpost withdraws Coal India recruitment article after company issues warning against fraudulent job notification at 'SCCL'
On 17 August, Firstpost carried an article titled 'SCCLCIL Recruitment 2019: South Central Coalfields Limited announces recruitment for over 88,000 posts on scclcil.in'. The article, which has been withdrawn, was published with a view to alerting potential employees about job openings
The government is examining a proposal to list profit-making subsidiaries of state-owned Coal India Ltd in a bid to raise funds, sources privy to the development said