Aug 22, 2014 at 16:20 | Source: PTI
The development comes at a time when the demand-supply gap of coal is widening in the country.
Aug 22, 2014 at 14:10 | Source: Moneycontrol.com
CRISIL Research believes that prices of crude oil, thermal coal and liquefied natural gas (LNG) will be under pressure in the long term because of structural shifts like surge in supplies, move to alternate fuel, and slowing demand. This is a huge blessing for India, says the report.
Aug 22, 2014 at 13:00 | Source: Moneycontrol.com
Hindalco and SBI are still top gainers, followed by Infosys, TCS and HDFC Bank. Coal India, HDFC, Bharti Airtel, Dr Reddy's Labs and Bajaj Auto are among laggards.
Aug 22, 2014 at 11:00 | Source: Moneycontrol.com
The market is still celebrating with new record highs. The Sensex is up 124.22 points or at 26484.33 and the Nifty is up 33.65 points at 7924.75. About 1403 shares have advanced, 1071 shares declined, and 80 shares are unchanged.
Aug 21, 2014 at 19:42 | Source: PTI
Between fiscals 2009 and 2014, India's energy import bill surged at an average 14 percent annually to USD 161 billion. This is expected to rise only 1.6 percent annually to USD 175 billion by 2019 because prices of the three commodities are forecast to decline.
Aug 21, 2014 at 12:28 | Source: Moneycontrol.com
ICICIdirect.com is bullish on Coal India and has recommended buy rating on the stock with a target of Rs 400 in its August 14, 2014 research report.
Aug 21, 2014 at 09:36 | Source: CNBC-TV18
According to sources, the finance ministry is likely to seek Cabinet nod next week on higher retail reservation in PSU share sale.
Aug 20, 2014 at 15:19 | Source: PTI
"I am visiting every state concerning my departments, Energy, Coal, New & Renewable Energy, to work with the states for progress," Piyush Goyal said, adding, there should be no politics in development related matters.
Aug 20, 2014 at 09:22 | Source: CNBC-TV18
Sudarshan Sukhani of s2analytics.com recommends buying Coal India at the current levels.
Aug 19, 2014 at 16:34 | Source: PTI
State-owned Coal India Ltd, gas utility GAIL India and fertiliser majors RCF and FCIL will form two Joint Ventures this month for revival of Talcher urea plant in Odisha at a cost of Rs 8,200 crore.