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Wage hike from July 1 can shoot up prices, says Coal India

Denying all the speculations of cancelled coal blocks being awarded to Coal India, its chairman NC Jha says that the company is all set to hike wages due from July 1, 2011. Jha says, "The company may hike prices in order to compensate for wage hike." The company is set to take a call on the price hike by the end of June.

first published: May 6, 2011 12:34 pm

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