Jul 30, 2014 at 13:58 | Source: Moneycontrol.com
Steel Authority of India Ltd has informed BSE that International Coal Ventures Pvt. Limited (ICVL), a joint venture Company of Steel Authority of India Limited, Coal India Limited, Rashtriya Ispat Nigam Limited, NMDC Ltd. and NTPC Ltd. has signed an agreement for acquisition of 2.6 billion tonnes coal resource in Mozambique with Rio Tinto Plc., UK.
Jul 30, 2014 at 13:11 | Source: PTI
ICVL - a joint venture company of Steel Authority of India (SAIL), Coal India, Rashtriya Ispat Nigam and NMDC - will buy the Tete East project and the Benga mine, which will give it captive coal mines.
Jul 28, 2014 at 15:18 | Source: CNBC-TV18
"At 25 million tonne, it will be around 5 percent of total volumes. The EPS then comes down to around Rs 22 from currently Rs 25 odd," Abhisar Jain of Centrum Broking said.
Jul 28, 2014 at 14:18 | Source: Moneycontrol.com
The government is asking the Coal India to feed the coal-fired power projects that are reeling under severe fuel scarcity. The coal ministry is pushing CIL to nearly halve its e-auction to 25 MT in 2014-15 from 58 MT last year.
Jul 28, 2014 at 13:00 | Source: Moneycontrol.com
Major largecaps like Reliance Industries, ICICI Bank, HDFC, TCS and Tata Motors tumbled more than 1.5 percent followed by ITC, HDFC Bank and ONGC with over 0.5 percent. Coal India kept its top position in the selling list, down 3 percent.
Jul 28, 2014 at 12:35 | Source: CNBC-TV18
Bhuvnesh Singh, MD & Head of India Research at Barclays is of the view that one may prefer Axis Bank.
Jul 28, 2014 at 12:00 | Source: Moneycontrol.com
Realty major DLF and top coal mining company Coal India plunged 3.5 percent each followed by Reliance Industries, ICICI Bank, TCS, Kotak Mahindra Bank, Sesa Sterlite and Bajaj Auto with 1-1.6 percent.
Jul 28, 2014 at 11:00 | Source: Moneycontrol.com
Coal India topped the selling list, falling 2.6 percent followed by Reliance Industries, HDFC, TCS and Bajaj Auto with over a percent. ICICI Bank, HDFC Bank, ITC, Sun Pharma, Hindalco, Tata Steel and ONGC declined 0.3-0.9 percent.
Jul 26, 2014 at 13:07 | Source: Reuters
A failure to boost efficiency could threaten long-run plans to spin off some of the seven units of the coal miner, a vital part of the government's reform strategy.
Jul 24, 2014 at 20:54 | Source: Reuters
Coal and Power Minister Piyush Goyal told parliament the projects, costing more than Rs 200 million (USD 3 million), "could not be started due to constraints of land acquisition and environmental clearance".