Cabinet approves 10% divestment in Coal India
The Union Cabinet on Wednesday approved 10 percent stake sale in Coal India that could fetch up to Rs 20,000 crore to the exchequer.
Nov 18, 2015, 15:04 PM IST
Coal India Q2 net up 16% at Rs 2,544 crore
The company's net profit in the corresponding quarter of the previous fiscal was Rs 2,192.38 crore.
Nov 13, 2015, 20:48 PM IST
Coal India invites global firms to set up washery in Jharkhand
The government had earlier said that challenge is not quantity but quality of the fossil fuel.
Nov 12, 2015, 15:55 PM IST
ONGC to intensify exploration activities, secures more rigs
Oil and Natural Gas Corporation (ONGC) is expected to increase its upstream capital expenditure by 10 per cent next year and intensify its exploration activities, taking advantage of the current depressed global energy market.
Oct 28, 2015, 08:10 AM IST
Government blames commodities slump for disinvestment challenges
As challenges emerge in meeting the mammoth Rs 69,500-crore disinvestment target for this fiscal, the government today put the blame on global commodities slowdown saying many identified PSUs are from this space.
Oct 27, 2015, 13:11 PM IST
Coal India takes IT route to track mining projects
The world's largest coal miner CIL is planning to put in place a mechanism to monitor execution of mining projects that cost over Rs 150 crore as the PSU behemoth eyes an output of one billion tonnes by 2020.
Oct 22, 2015, 12:10 PM IST
CIL stake sale: Foreign bankers wary, deadline extended
It plans to sell 10 per cent stake in the world's largest coal miner, but got virtually no response from foreign merchant bankers over the company purportedly not complying with its own sustainability policy.
Oct 20, 2015, 12:46 PM IST
September coal imports dip 27% to 12.6 mn tonnes
With government's renewed focus in increasing coal production in India, coal imports have fallen 27% year on year.
Oct 19, 2015, 11:29 AM IST
Coal India aims double digit production growth in H2 of FY16
Around 93 per cent of the company's total coal production comes from open-cast mines.
Oct 05, 2015, 00:24 AM IST
CIL will produce 50 MT more coal than last year: Piyush Goyal
State-owned CIL will produce at least 50 million tonnes more coal in the current fiscal than the last financial year, Coal and Power Minister Piyush Goyal has said.
Oct 04, 2015, 11:39 AM IST
Policy on coal linkages auction may take some time: Govt to CIL
The policy with regard to auction of coal linkages may take some more time to be finalised, government has informed state-owned coal miner CIL.
Sep 20, 2015, 12:16 PM IST
CITU, INTUC shun coal ministry meet on strike
"We will not attend the meeting today convened by the Coal Ministry," CITU-backed All India Coal Workers' Federation General Secretary Jibon Roy said.
Aug 31, 2015, 14:20 PM IST
5 CIL trade unions to support Sept 2 nationwide strike call
To protest against the proposed stake sale in Coal India, its five major trade unions will support the September 2 nationwide strike call, on labour issues, called by all 11 central trade unions of the country.
Aug 26, 2015, 20:25 PM IST
Cabinet may consider Coal India stake sale proposal on Wednesday
Sources said the CIL stake sale proposal may be placed before the Cabinet, headed by Prime Minister Narendra Modi.
Aug 11, 2015, 22:07 PM IST
Profit making PSUs may be asked to submit IPO plans to govt
Profit-making unlisted PSUs and their subsidiaries may have to submit listing plans while signing annual performance pacts with the government, a move aimed at helping the Centre garner resources and unlocking the value of many state-owned firms.
Aug 09, 2015, 11:58 AM IST
CIL will invest Rs 13,900 cr to raise output to 908 MT by 2020
State-owned Coal India (CIL) will invest Rs 13,900 crore to take its production to 908 million tonnes (MT) by 2019-20, the government said on Thursday.
Aug 06, 2015, 16:24 PM IST
CIL ramps up coal evacuation, to procure wagons worth Rs 555cr
The minister further said that the fleet of wagons are for operation of railways and dedicated only for transport of coal from the specified coal subsidiaries and on specific routes.
Aug 06, 2015, 15:38 PM IST
CIL unit's inefficiency makes it financially unviable: CAG
Coal India's Dankuni Coal Complex (DCC) have not functioned "efficiently" to become financially viable as the unit always operated much below installed capacity, government auditor CAG said today.
Jul 30, 2015, 21:05 PM IST
Coal India to give up three-fourths of Mozambique mine
Coal India Africana Limitada, a fully-owned subsidiary of the state-owned firm, was allotted two leasehold licences for extraction of coal of about 224 square kilometre in Tete province of Mozambique.
Jul 14, 2015, 21:18 PM IST
Eastern arms contribute significantly in CIL 12% output growth
Coal India's Jharkhand-based arm, Central Coalfields, has topped among eight subsidiaries by surpassing output target with production of 12.59 million tonnes in the first three months of the current fiscal.
Jul 05, 2015, 15:03 PM IST
