Bharat Bandh hits Coal India; production down to 50%

Last Updated: Wednesday, September 2, 2015, 18:28

Majority of about 4 lakh coal workers across the country Wednesday joined the strike called by trade unions, hitting 50 percent of the about 1.7 million tonne (MT) day's production.

Coal India misses August output target by 3.8%

Last Updated: Tuesday, September 1, 2015, 22:48

State-owned Coal India recorded an output of 36.21 million tonnes (MT) in August, missing the target by 3.82 percent.

Govt extends deadline for bids to manage CIL's 10% stake sale

Last Updated: Tuesday, September 1, 2015, 20:23

Government has extended the date by three more weeks for submission of bids by merchant bankers interested in managing the 10 percent stake sale in Coal India (CIL), which is likely to fetch about Rs 22,450 crore.

Coal India stake sale: Trade unions up the ante

Last Updated: Wednesday, August 19, 2015, 22:14

Major trade unions of Coal India opposed to any government proposal to 10 percent stake sale in the PSU will soon chalk out a strategy to take their protest forward.

CITU protests Coal India disinvestment plan

Last Updated: Tuesday, August 18, 2015, 21:26

The Centre reportedly mulling disinvestment in the state-owned Coal India has triggered protest demonstrations by Left-backed CITU, even as the Congress-backed INTUC is yet to take a call on the matter.

CIL to seek shareholders' nod to extend CMD's tenure till 2017

Last Updated: Tuesday, August 18, 2015, 21:16

Coal India will seek shareholders' nod for extending the tenure of Sutirtha Bhattacharya as its Chairman and Managing Director till August 31, 2017.

Coal India Q1 net profit drops 7% to Rs 3,764.34 crore

Last Updated: Wednesday, August 12, 2015, 22:24

Coal India's consolidated net profit dropped by 6.6 percent to Rs 3,764.34 crore in the April-June quarter ended June 30, 2015 due to higher expenses.

Cabinet may consider Coal India stake sale proposal Wednesday

Last Updated: Tuesday, August 11, 2015, 23:01

The Cabinet may consider Wednesday 5-10 percent stake sale in Coal India that could fetch up to Rs 24,800 crore to the exchequer.

Coal auction Day 1: Govt garners Rs 2,529 crore from 2 mines

Last Updated: Tuesday, August 11, 2015, 21:10

The first day of third tranche of coal mines auctions Tuesday saw government garnering a total of Rs 2,529 crore from bidding of two blocks in Chhattisgarh and Maharashtra.

Coal imports drop by 11% to 19 mn tonnes in July

Last Updated: Tuesday, August 4, 2015, 18:42

Coal imports declined by 11 percent to 19.30 million tonnes (MT) in July 2015 compared to the same month of previous year as higher availability of domestic fuel led power generation firms to defer imports.

Coal imports drop for first time in 15 months

Last Updated: Tuesday, August 4, 2015, 13:10

India`s coal imports fell 11 percent to 19.3 million tonnes in July from a year earlier - the sharpest and the first drop in more than a year - as local supplies rose and money losing power generators held up purchases, commodities trader mjunction said.