Agreement with Solar Energy Corporation of India Limited
Coal India Ltd has informed BSE regarding "Agreement with Solar Energy Corporation of India Limited".29-06-2016
29-06-2016
Coal India asks subsidiary Central Coalfields Limited to clarify share valuation norm
The evaluation norm used by Central Coalfields is different from the evaluation norm used by other subsidiaries.27-06-2016
Cessation of Director
Coal India Ltd has informed BSE that Smt. Sujata Prasad, JS&FA;, Ministry of Coal (MoC) and Nominee Director of MoC in the Board of the Company has been relieved of her duties from June 20, 2016 (Afternoon) from MoC on her promotion. Hence she ceased to be a Director of the Company.This information was received by the Company on date from MoC.24-06-2016
Reliance Jio will obviously create an upset for all of us: Kumar Mangalam Birla
"First time in 25 years, we do not have a shortage of coal, which means Coal India has outperformed and this shows what good leadership can do," said Birla.24-06-2016
Appointment of RTA
Coal India Ltd has informed BSE that Tripartite Agreement was entered into among Coal India Limited, M/s Alankit Assignments Limited- New RTA & M/s. Karvy Computershare Pvt. Limited- Previous RTA on June 16, 2016. M/s Alankit Assignments Limited had taken over as the Regsitrar and Share Transfer Agents of Coal India Limited w.e.f May 01, 2016.22-06-2016
Not the right time for private commercial mining: Anil Swarup
NEW DELHI: The government is waiting for the economy to pick-up before it can open commercial coal mining to private companies. "Right now, markets do not justify auction of coal blocks. Last round of auction has not seen many takers," Coal Secretary Anil Swarup said on being asked about government's plans to auction coal blocks for non-captive use to private companies. Swarup, however, said allocation of coal blocks to state utilities for commercial use is the first step towards opening up the coal sector. The Coal Mines Special Provision Act of 2015 provides for opening up commercial coal mining to Indian and foreign private firms. So far, Indian companies with end-use plants have been allowed to mine coal for captive purposes. The Act ends the monopoly of state-run Coal India Ltd in commercial mining and allows private companies registered in India to mine and sell coal.21-06-2016
Coal India Ltd's first tranche of linkage auction registers low booking
A coal ministry official on the condition of anonymity said the first tranche of auction was a low key affair since booking was much lower than that was offered. Sponge iron plants across at present draw around 8 mt per annum from CIL.20-06-2016
Coal India is turning hot
The stock can break out of the key resistance at 315 to pave way for an up-move to 34019-06-2016
Outcome of the Board Meeting of Subsidiary :Central Coalfields Limited
Coal India Ltd has informed BSE that the Board of Directors of Central Coalfields Limited ("CCL"), the Company's subsidiary, at its meeting held on June 16, 2016 has considered and approved the buyback of 2350000 fully paid equity shares of face value of Rs. 1000/- each (Rupees Thousand only) from the members of the Company on a proportionate basis through tender offer{representing 25% of the total number of equity shares in the paid-up share capita!...17-06-2016
Coal India shares rise over 2 per cent as govt asks power firms to use local coal
Coal India shares over 2 per cent on Friday after Centre on Thursday asked state-owned power generation firms to immediately stop imports of the fuel and instead buy coal from the company.17-06-2016