Coal

Coal India Gets 1-Day Strike Notice For November 26; Stock Up Nearly 1%

Business | Edited by Peter Noronha | Tuesday November 24, 2020

State-owned Coal India Ltd (CIL): "Four trade unions of CIL have served one-day strike notice in CIL and its subsidiaries on 26.11.2020," Coal India said in a regulatory filing to the stock exchanges.

Stocks To Watch: Reliance Industries, Coal India, Biocon In Focus Today

Business | Edited by Sandeep Singh (with inputs from agencies) | Tuesday November 24, 2020

Stocks To Watch: Reliance Industries shares will be watched after the conglomerate said its subsidiary, Jio Platforms, received the subscription amount of Rs 33,737 crore from Google International LLC.

Coal India To Invest Rs 5,650 Crore Over 4 Years In Solar To Cut Costs

Business | Reuters | Monday November 23, 2020

The state-run company will fund nearly two-thirds of its plan to construct rooftop and ground-mounted solar power projects with a capacity of 3,000 megawatts (MW) with cash.

Unemployed Man In Jharkhand Allegedly Kills Father To Get Job

India News | Press Trust of India | Sunday November 22, 2020

A 35-year-old unemployed man allegedly killed his father, an employee of Central Coal Fields Limited (CCL), at Barkakana in the district to get a job in the PSU on compassionate ground, police said on Sunday.

Tata Steel Tests Coking Coal Samples From Russia For Producing Steel: CEO Narendran

Business | Press Trust of India | Sunday November 22, 2020

The development assumes significance in the domestic steel industry as a fruitful result of the experiment would break the monopoly of Australia in coking coal supply to India.

Sensex Ends 86 Points Higher, Nifty Reclaims 12,700 Led By Reliance Industries, ICICI Bank

Business | Edited by Sandeep Singh (with inputs from agencies) | Friday November 13, 2020

Eicher Motors, Bajaj Finserv, Coal India, Tata Steel and Divi's Labs, ending between 1.90 per cent and 7.46 per cent higher, were the top gainers in the 50-scrip Nifty basket.

2 Indian-Crewed Merchant Ships Stuck At China's Port For Months

India News | Agence France-Presse | Thursday November 12, 2020

Two Indian-crewed merchant ships carrying Australian coal have been stuck at Chinese ports for several months, union officials said Wednesday, with the sailors becoming the latest casualties of escalating tensions between Canberra and Beijing.

Supreme Court Says November 9 E-Auction Of 37 Coal Blocks Subject To Its Orders

India News | Press Trust of India | Friday November 6, 2020

The Supreme Court today directed that the November 9 e-auction of 37 coal blocks, including five in Jharkhand, shall be subject to its final order.

Rs 169 Crore Assets Of Firm Seized In Money Laundering Probe

India News | Press Trust of India | Tuesday November 3, 2020

The Enforcement Directorate (ED) has attached assets worth Rs 169 crore of a firm in connection with its money laundering probe in the coal blocks allocation case, the central agency said on Tuesday.

Vedanta, Hindalco Among Winners Of Coal Mine Auctions

Business | Reuters | Monday November 2, 2020

The bidders who qualify then submit financial bids in which they detail what percentage of revenue would be paid to the government

India's September Infrastructure Output Contracts 0.8%

Business | Reuters | Thursday October 29, 2020

Infrastructure output, which comprises eight sectors including coal, crude oil and electricity and accounts for nearly 40% of industrial output.

Core Sector Production Contracts 0.8% In September

Business | Reuters | Thursday October 29, 2020

Infrastructure output comprises eight sectors including coal, crude oil and electricity and accounts for nearly 40 per cent of industrial output.

Jail Term Of Ex Union Minister In Coal Scam Suspended By Delhi High Court

India News | Edited by Vaibhav Tiwari | Tuesday October 27, 2020

The Delhi High Court on Tuesday suspended a three-year jail term given to former union minister Dilip Ray over a case linked to irregularities in allocating Jharkhand coal blocks in 1999. Justice Suresh Kumar Kait of the court has issued notice to the CBI seeking its response on Mr Ray's appeal against his conviction

3 Years' Jail For Dilip Ray, Ex Minister In NDA Government, For Coal Scam

India News | Reported by Mukesh Singh Sengar, Edited by Arun Nair | Monday October 26, 2020

Former union minister Dilip Ray was today sentenced to three year imprisonmentover his role in the alleged irregularities in the allocation of a Jharkhand coal block in 1999.

Government Asks At Least 8 State-Run Companies To Consider Buybacks: Report

Business | Reuters | Monday October 19, 2020

The eight companies that have been asked to consider share buy backs include Coal India, NTPC, NMDC and Engineers India.