Aug 01, 2014 at 15:20 | Source: PTI
The first action plan for technological development and modernisation of Coal India Ltd mines is likely to be drawn up by the government by October, a move aimed at boosting CIL output.
Aug 01, 2014 at 14:00 | Source: Moneycontrol.com
Shares of HDFC Bank, HDFC, Reliance Industries, L&T, M&M, Sun Pharma, ONGC, Sesa Sterlite, NTPC, Wipro, Coal India, Hindalco Industries, Tata Power and Gail plunged 1.5-3 percent.
Aug 01, 2014 at 09:06 | Source: Reuters
Rio Tinto said on Wednesday it would sell the Benga mine and other projects in Tete province it bought via a USD 4 billion acquisition of Riversdale Mining in 2011 for just USD 50 million to the group, International Coal Ventures Pvt Ltd (ICVL).
Jul 31, 2014 at 13:13 | Source: CNBC-TV18
Sudarshan Sukhani of s2analytics.com recommends holding Coal India with a view of two years.
Jul 31, 2014 at 13:00 | Source: Moneycontrol.com
Cipla is up 3 percent, followed by Tata Steel, Reliance, Coal India and GAIL. Hindalco, Wipro, M&M, Dr Reddy's Labs and Sun Pharma are among the laggards.
Jul 31, 2014 at 12:00 | Source: Moneycontrol.com
Steel and mining stocks gained strength with the Tata Steel, Sesa Sterlite and Coal India rising 1-3 percent while oil & gas stocks like Reliance Industries and GAIL gained 1 percent each.
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.