Coal India shares fall to 2-1/2 month low
Shares of Coal India fell to 2-1/2 month low as the stock started trading ex-dividend on Tuesday. The stock fell as much as 5.5 per cent to Rs 298.95, its lowest since January 2. The stock was...14-03-2017
14-03-2017
CIL may miss output target by 20 MT this fiscal: Coal Secy
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. The world's largest miner is aiming to ramp up its output to 1 billion tonnes by 2020. "CIL may miss (production target) by 20 million tonnes (MT) and it (the output) should be between 570-578 MT," Coal Secretary Susheel Kumar told PTI. The PSU has set a target of 598 MT production in 2016-17. "Coal India is trying to meet their production target. It has promised me that it will try its best to meet the target and it is geared up," the Secretary said. Coal India, he said, may not be able to meet the target as the PSU is facing a lot of issues. In Mahanadi Coalfields Ltd (a Coal India arm) there were serious problems like resettlement and rehabilitation (R&R). "There are problems also. Now that I have visited MCL (Mahanadi Coalfields Ltd), WCL (Western12-03-2017
Coal India Arm Not To Proceed With Rs 1,002 Crore Buyback Plan
Central Coalfields Ltd (CCL)-- the Coal India arm -- had a few days back approved a share buyback plan worth Rs 1,001.88 crore.11-03-2017
Updates
Outcome of the Board Meeting of our wholly-owned subsidiary, namely, Central Coalfields Limited11-03-2017
Updates
Outcome of the Board Meeting of our wholly-owned subsidiary, namely, South Eastern Coalfields Limited10-03-2017
Updates
Outcome of the Board Meeting of our wholly-owned subsidiary, namely, South Eastern Coalfields Limited10-03-2017
Updates
Outcome of the Board Meeting of our wholly-owned subsidiary, namely, Mahanadi Coalfields Limited10-03-2017
Updates
Outcome of the Board Meeting of our wholly-owned subsidiary, namely, Northern Coalfields Limited10-03-2017