Govt could likely sell 5% stake in Coal India in FY16, too
At current market prices a 5% divestment can fetch the govt as much as Rs 12,000-13,000 cr21-04-2015
Govt could likely sell 5% stake in Coal India in FY16, too
At current market prices a 5% divestment can fetch the govt as much as Rs 12,000-13,000 crWhy UBS believes you should buy Coal India
Foreign brokerage UBS has initiated coverage on Coal India with a 'buy' rating despite believing that it is unlikely to meet its target of achieving a billion tonnes of production by 2020Govt could likely sell 5% stake in Coal India in FY16, too
Just months after a massive Rs 22,600 crore disinvestment, Coal India is back in reckoning for another stake sale.Disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992
Coal India Ltd has submitted the disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992Disclosures under Reg.13(4), 13(4A) of SEBI (Prohibition of Insider Trading) Regulations, 1992
President of India through Ministry of Coal has submitted the disclosures under Reg.13(4), 13(4A) of SEBI (Prohibition of Insider Trading) Regulations, 1992CIL revives plan to reopen abandoned mines
Plans to enter into JVs with private firms; status paper being draftedCoal India gets few takers for imported coal in maiden year
Power plants want to ensure their fuel requirements are fulfilled by domestic coal. As they decide to import at the last moment, they do not like to ask CIL to do it for themFewer power cuts likely this summer as govt engineers coal turnaround
Fewer power cuts are likely in India this summer after a surge in output at Coal India helped generators amass record stocks, a turnaround for Narendra Modi who had to battle a power crisis within months of becoming prime minister last May.CIL moves to rationalise coal linkage for southern gencos
May consider some swap arrangement with its units