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    • New mining bill can dig EPS pains for major miners: Experts

      New mining bill can dig EPS pains for major miners: Experts

      The Cabinet today cleared the new Mines and Minerals Development and Regulation Bill, 2011. The new bill mandates a 26% post tax profit-sharing by coal miners for the project-affected people. While the step aims to benefit tribals in the minning areas, experts say the move is all set to push down profits of major mining and power companies.

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