Times News Network
The power and the coal ministry have said that the coal supplies to the power plants may not face a crunch this monsoon season with power plants building up inventories. However, at 91 out of country’s total 173 thermal power stations, coal stocks are in a critical situation.Of these 91 plants, 8 are non-operational and … Read More “Coal supplies rise, but over half of thermal units still have stocks at critical levels” »
Coal India (CIL) has been given multiple tasks by the government in recent weeks: Meeting a stiffer production targets, importing coal for supplies to power plants, ensuring infrastructure for evacuation and meeting green commitments. While all these entail heavy investments and risks to profits, CIL chairman and managing director Pramod Agrawal tells FE’s Indronil Roychowdhury … Read More “‘Coal imports a new vertical and revenue stream for us’” »
Domestic equity market benchmarks BSE Sensex and Nifty 50 were staring at a negative start on Monday, as suggested by trends on SGX Nifty. Nifty futures were ruling at 15,264.50, down 51 points or 0.33 per cent on Singaporean Exchange. In the session, BSE Sensex was down 135 points or 0.3 per cent to end … Read More “Vodafone Idea, Adani Wilmar, ICICI Bank, Canara Bank, SBI, Delhivery, Coal India stocks in focus 20 June 2022” »
State-owned CIL is looking at green mining options by leveraging a slew of eco-friendly technologies in both underground and opencast mines, a move that would help in augmenting the production and reduce the adverse impact on environment. With land turning out to be a major pain point for expansion of coal mining operations, these technologies … Read More “Coal India plans green mining options by leveraging technology to boost output” »
Domestic stock indices ended nearly 2 per cent lower on Friday on the back of weak global cues. BSE Sensex tanked 1,017 points or1.84 per cent to settle at 54,303, while NSE Nifty 50 index finished at 16,202, down 276 points or 1.68 per cent. India VIX, the volatility gauge, jumped 2.3 per cent to … Read More “Reliance, HDFC Bank, Coal India, MapmyIndia, IIFL Finance, KIMS stocks in focus on 13 June 2022” »
State-owned Coal India Ltd has spent more than Rs 1,600 crore on corporate social responsibility projects in the last three years, a company release said.The mandated target for expenditure on CSR by Coal India (CIL) during the last three years was Rs 1,284 crore. “During the last three years, CIL has spent more than Rs … Read More “Coal India spends more than Rs 1,600 cr on CSR in last 3 yrs” »
Public sector miner Coal India has reported an increase of 27.2 per cent in its output in April 2022 as compared to the year-ago period, coal ministry said on Friday. The despatch of coal also improved by 5.8 per cent year-on-year in April 2022. “Coal production by Coal India Ltd (CIL) has increased by 27.2 … Read More “Coal India output grows 27% in April; despatch improves 5.8%: Coal ministry” »
In Pics: Top 10 IPOs in India – PANORAMA BusinessToday In Pics: Top 10 IPOs in India The much-awaited initial public offering (IPO) of Life Insurance Corporation of India (LIC) is all set to open on May 4 in the Rs 902-949 per equity share price band. The issue will close on May 9. The … Read More “In Pics: Top 10 IPOs in India” »
Sponge iron units of the country are facing an acute coal shortage, said an industry official. Of the 450 direct reduced iron (DRI) units that produce sponge iron in the country, 105 are located in Chhattisgarh. All units have just 10 days of stocks compared to 60 days normally. The situation is not any better … Read More “Sponge iron units of India see acute coal shortage” »
BSE Sensex and Nifty 50 were trading over 1 per cent higher on Wednesday, on the back of buying in heavyweight indexes such as Reliance Industries Ltd (RIL), Infosys, Tata Consultancy Services (TCS), Housing Development Finance Corporation (HDFC), and Bharti Airtel, among others. So far in the day, the 30-share index hit a day’s high … Read More “52-week high, 52-week low: Coal India among 146 BSE stocks to hit 52-week high; Birla Tires at fresh low” »
