Coal India

Government Looks At Rs 20,000 Crore By Selling Stakes In Two Firms: Report

Business | Siddhartha Singh, Bloomberg | Thursday July 9, 2020

PM Modi in February had planned to raise as much as Rs 2.1 lakh crore selling state assets

Coal India Output Cut By 56% During Workers' Three-Day Strike: Report

Business | Reuters | Monday July 6, 2020

The world's largest coal miner's production fell to 573,000 tonnes per day compared with a June average output of 1.29 million tonnes per day

15 Million Tonnes By March-End: Minister On Private Firms' Coal Capacity

India News | Reuters | Wednesday July 1, 2020

India's private companies could start developing coal mines with an annual capacity of 15 million tonnes by the end of March, Coal Minister Pralhad Joshi told Reuters, a move that would end the near-monopoly of state-run Coal India.

Coal India Profit Dips 23% To Rs 4,625 Crore In March Quarter

Business | Edited by Abhik Deb (with inputs from agencies) | Friday June 26, 2020

Coal India had posted a net profit of Rs 6,026 crore in the same quarter of the previous fiscal year.

Coal India Shares Soar 7% As Government Opens Coal Mining To Private Sector

Business | Edited by Abhik Deb (with inputs from agencies) | Thursday June 18, 2020

Shares of Coal India ended the day at Rs 137.55, edging up 6.22 per cent from the previous closing mark

Why Can't India Be Largest Coal Exporter, Says PM Modi As Government Launches Coal Block Auction

Business | Edited by Abhik Deb (with inputs from agencies) | Thursday June 18, 2020

PM Modi highlighted that despite India being the second-largest producer of coal, it still does not export it.

Gauhati High Court Takes Up Case Against Coal Mining In Dehing Patkai Forest

India News | Written by Ratnadip Choudhury | Friday June 5, 2020

The Gauhati High Court on Thursday issued notices to the Centre, state, Coal India and other stakeholders after taking up a suo motu case against coal mining in the Dehing Patkai forest, also known as the Amazon of the East.

No "Final Clearance" Given To Extract Coal From Dehing Patkai Forest: Assam

India News | Written by Ratnadip Choudhury | Saturday May 30, 2020

The Assam government claimed today that no "final approval" has been given to Coal India Limited for extraction of coal from the areas around the Dehing Patkai tropical rain forest in Upper Assam, famously known as the Amazon of the East.

Amid Social Media Protests, Mining Firm Claims Coal Extraction "On Hold" At Assam's Dehing Patkai

India News | Written by Ratnadip Choudhury | Wednesday May 27, 2020

At a time when a social media campaign in Assam against the Centre's approval for coal mining around the Dehing Patkai Elephant Reserve is gathering steam and the Assam government assuring a review on the decision to allow coal mining in the rain forest of Dehing Patkai, better known as the Amazon of the East, the mining firm has finally broken its...

Coal India Falls Nearly 6% After Government Opens Up Dry Fuel Mining Sector

Business | Edited by Peter Noronha | Monday May 18, 2020

Coal India Share: Nirmala Sitharaman on Saturday announced commercialisation of coal and an end to the governmental monopoly in the coal sector.

Coal India Sales Sink On Lockdown Demand Drop

Business | Reuters | Monday May 4, 2020

Offtake by customers, such as power generators, fell by 25.5 per cent to 39.06 million tonnes - the deepest fall since at least April 2014.

Coal India Sales Sink Over 25% On Demand Slump Amid COVID-19

Business | Reuters | Saturday May 2, 2020

More than three quarters of the electricity generated in the country is coal-fired, and Coal India accounts for more than four fifths of India's domestic production.

Coal India's Annual Output Falls For First Time In Two Decades

Business | Reuters | Thursday April 2, 2020

The world's largest coal miner produced 602.1 million tonnes of coal during the fiscal year ended March 2020, compared with 606.9 million tonnes in 2018/19.

Coming Up, LIC And Other Multi-Billion Dollar IPOs In India

Business | Julia Fioretti and Abhishek Vishnoi, Bloomberg | Tuesday February 4, 2020

A first-time share sale of that size would be the biggest India has ever seen and could create the nation's most-valuable company by market value. The nation's largest transaction to date was Coal India Ltd.'s $3.4 billion float a decade ago, data compiled by Bloomberg show.

Bharat Bandh: Coal India Output To Be Affected By Strike On Wednesday, Says Official

Business | Reuters | Tuesday January 7, 2020

Bharat Bandh tomorrow: Coal India's December production rose after five straight months of declines, the latter reflecting the heaviest monsoon rains in 25 years, strikes and protests.