SBI Life to launch India's first billion dollar IPO in seven years
The IPO will raise as much as 84 billion rupees ($1.3 billion) for SBI Life`s two main shareholders - State Bank of India and BNP Paribas Cardif - which are paring their stakes.
Sep 12, 2017, 20:06 PM IST
CCL chief Gopal Singh interim CMD of Coal India
Singh succeeds Sutirtha Bhattacharya, who retired on Thursday, the state-owned Coal India (CIL) said in a filing to the BSE.
Sep 01, 2017, 18:02 PM IST
Coal India seeks to limit wage outgo
Coal India profits are under pressure due to sharp rise in expenses with wage being an important component.
Aug 20, 2017, 15:58 PM IST
Coal India set to shut down high-risk mines
In December last year, CIL arm Eastern Coalfields saw Lalmatia mine collapse that claimed 18 lives.
Jul 24, 2017, 14:41 PM IST
Govt to assess impact of CSR activities undertaken by PSUs
For the first time, the NDA government is planning to conduct a study for assessing the impact of corporate social responsibility projects undertaken by various public sector firms.
Jun 13, 2017, 17:39 PM IST
Coal India to focus on marketing, renames sales and marketing wing
State-run miner Coal India has rechristened its sales and marketing wing as 'Marketing and Sales' department in order to give more stress on marketing of the fossil fuel.
May 31, 2017, 14:11 PM IST
'Lower tax on coal under GST to help CIL clear stockpile'
The 5 percent GST on coal will help state-owned CIL to find consumers for its 62 million tonnes of stock piled up at its pithead, an official said.
May 25, 2017, 18:20 PM IST
Coal India to engage tax consultant to get ready for GST
Coal India, the largest coal producer in the world, is engaging a tax consultant to assist the miner and its subsidiaries in getting ready for the Goods and Services Tax (GST) and indirect taxes for the miner.
May 06, 2017, 19:15 PM IST
Coal India director R Mohan Das' services terminated
State-owned Coal India on Friday announced the termination of the services of one of its directors R Mohan Das with effect from yesterday.
Mar 31, 2017, 16:20 PM IST
CCI slaps Rs 591 crore penalty on Coal India
Competition Commission on Friday imposed a fine of Rs 591 crore on state-owned Coal India for having discriminatory conditions in fuel supply pacts.
Mar 24, 2017, 19:45 PM IST
SAIL, BSNL, Air India worst performing PSUs in FY16: Survey
Coal India, ONGC and Indian Oil Corporation emerged as star financial performers among India's central public sector enterprises in 2015-16, whereas SAIL, BSNL and Air India incurred most losses, a government survey has showed.
Mar 24, 2017, 15:31 PM IST
CIL may miss output target by 20 MT this fiscal: Coal Secretary
State-owned Coal India is likely to miss the production target by 20 MT and may end up producing up to 578 million tonnes this fiscal due to a string of issues, including evacuation and demand-supply, a top official has said.
Mar 12, 2017, 12:58 PM IST
Coal India's subsidiary CCL to buy-back shares worth Rs 1,001 crore
Coal India on Saturday said its wholly owned subsidiary Central Coalfields Limited (CCL) has approved buy-back of 5,21,000 fully paid equity shares for an aggregate amount not exceeding Rs 1,001 crore.
Mar 04, 2017, 19:11 PM IST
Coal India arm NLC approves Rs 1,244-crore share buyback plan
World's largest coal producer Coal India on Saturday said the board of its arm Northern Coalfield has approved a share buyback plan worth Rs 1,244 crore.
Feb 25, 2017, 19:52 PM IST
Coal India completes buyback of equity shares worth Rs 3,650 cr
State-run Coal India on Saturday said it has completed buyback of equity shares worth Rs 3,650 crore.
Oct 29, 2016, 21:24 PM IST
Spot e-auction of coal to start today; 20 mt on offer
The auction will be conducted for four days beginning Thursday and run till October 25.
Oct 20, 2016, 08:59 AM IST
CIL to start spot e-auction of coal today; auction to be conducted for four days
The auction will be conducted on October 20, 21, 24 and 25.
Oct 19, 2016, 15:44 PM IST
Coal output to miss govt's target of self sufficiency: Report
The country is eyeing 1.5 billion tonnes of coal production by 2020, of which 1 billion tonnes would come from Coal India.
Oct 11, 2016, 13:13 PM IST
Coal India buyback offer to open on Oct 3
The share buyback programme worth Rs 3,650 crore of Coal India would open next week on October 3.
Sep 27, 2016, 14:25 PM IST
India needs 4 times defence budget to meet 2020 coal target
The government has estimated that by the year 2020, India will need 1.5 billion tonnes of coal. But an IndiaSpend analysis of a recent report by Brookings India indicates that even by a generous estimate, the country`s need for coal will not exceed 1.2 billion tonnes over the next four years.
