CIL staff protest pay disparity
The CIL board will take a decision on wage revision on Nov 25, where it is expected employees will present their case to Chairman & Managing director Gopal Singh23-11-2017
CIL staff protest pay disparity
The CIL board will take a decision on wage revision on Nov 25, where it is expected employees will present their case to Chairman & Managing director Gopal SinghCoal dispatches from CIL to power sector rise 18% to 39.9 MT in October
The dispatches by the world's largest coal miner rose by 9.6 per cent to 248.9 MT in the April-October period of this financial year over 227 MT in the year-ago periodBroker's call: Coal India (Buy)
HDFC SecuritiesCoal India (Buy)Target 305CMP: 276.20Coal India's second quarter FY18 results were below estimates (EBITDA at 619 crore vs estimated 1,465 crore. The miss was mainly driven by...Coal India hits record in sales but disappoints on profit
While Coal India's profit in the September quarter fell nearly 40 per cent, it also saw a record in output and sales.Production rose 8.3 per cent to 113 million tonnes from the corresponding quarter a year before. Sales volume rose 13.6 per cent to 131.6 mt. The performance, say company officials, had "never been seen in the recent past" and could also be the best ever.During August and September, coal supplies to power plants grew by 20 per cent and 21 per cent, respectively, from the same months last year. Supplies to NTPC the largest client, and its joint ventures grew nine per cent. The rise during the quarter was to 38.4 mt, against 35.2 mt during the same quarter last year. "We stepped up production owing to high demand for thermal coal and improved average (rail) rake loading per day by seven per cent, beside despatching through road," said a company official. Average daily loading of rakes in the quarter was 208.8, from 195.2 in July-September last year. This was in the wake .Newspaper Publication
Paper Publication of Financial Resultsfor the 2nd Quarter and half yearly ended September 30, 2017Coal India Q2 profits fall by 40% to Rs368.88 crore
Coal India reported nearly 40% fall in its consolidated net profit to Rs368.88 crore compared to Rs612.44 crore in the corresponding quarter last fiscalInvestor Presentation
In terms of Regulation 30, we are attaching the presentation given to Analyst on Unaudited Financial Results of Coal India Limited for the 2nd Quarter and half-yearly ended September 30, 2017. This is for your information and records please.Un-Audited Financial Results Of Coal India Limited(Standalone & Consolidated) For The 2Nd Quarter And Half-Yearly Ended September 30,2017
In terms of Regulation 30 read with Regulation 33 of SEBI (LODR) Regulations 2015 we are enclosing the Unaudited Financial Results of Coal India Limited (Standalone & Consolidated) for the 2nd Quarter and half-yearly ended September 30, 2017. These Unaudited Financial Results were reviewed by Audit Committee on 9th & 11th November'2017 and 'taken on record' by the Board of Directors of Coal India Limited in its meeting held on 11th November'2017....CMD says Coal India yet to finalise diversification modalities
Coal India is yet to firm up the modalities related to diversifying into new mineral mining, said CMD Gopal Singh on Wednesday. We just decided on diversification 2-3 months ago. We hope to be...Commercial coal mine auction may be completed this year: Coal Secretary
Auction of the coal mines selected by the government for commercial mining is likely to be completed by the end of March next year. The move is likely to end state-owned Coal India's near monopoly in the domestic coal market.On the sidelines of the 7th Asian Mining Congress & Exhibition, union coal secretary, Susheel Kumar said that the Cabinet Committee on Economic Affairs (CCEA) is likely to take the decision on the commercial mining proposal this month while by the end of this fiscal year; the allocation is likely to be completed. "The Cabinet is likely to take a decision this month. Thereafter, of course, the process would begin but the process is likely to take time and this financial year, it should happen", Kumar said.Previously, the ministry had asked for public comments from industry stakeholders to finalise the modalities of the auction and the allocation methodology which will thereafter follow.The ministry as well as Coal India, which commands 70 per cent of the...