Key Developments: Coal India Ltd (COAL.BO)

COAL.BO on Bombay Stock Exchange

376.55INR
19 Dec 2014
Price Change (% chg)

Rs9.15 (+2.49%)
Prev Close
Rs367.40
Open
Rs369.90
Day's High
Rs379.50
Day's Low
Rs367.25
Volume
236,607
Avg. Vol
267,806
52-wk High
Rs423.85
52-wk Low
Rs240.50

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Latest Key Developments (Source: Significant Developments)

Coal India Ltd to get new chairman-Business Standard
Thursday, 18 Dec 2014 05:30am EST 

Coal India Ltd:Sutirtha Bhattacharya, will take over as the head (chairman) of a key meeting at Coal India's headquarters on Dec. 30-Business Standard.  Full Article

Coal India Ltd workers threaten 5-day strike against govt's stake sale plan-Business Standard
Thursday, 18 Dec 2014 04:52am EST 

Coal India Ltd:The labour unions of Coal India Ltd have threatened to go on a five-day strike beginning Jan. 6 to protest government plans to sell off a stake and end the company's monopoly in mining and distribution-Business Standard.Workers will also go on a separate strike on Jan. 13 to press for better working conditions, including a five-day week with 35 hours of work, Jibon Roy, general secretary of the All India Coal Workers Federation said.  Full Article

CCI directs Coal India Ltd to desist from unfair business ways-Business Standard
Tuesday, 28 Oct 2014 09:46am EDT 

Coal India Ltd:Competition Commission of India (CCI) asked the state-owned miner to cease and desist from unfair business practices-Business Standard.CCI Passed two fresh orders on different complaints.  Full Article

Coal India Ltd announces appointment of auditor
Saturday, 25 Oct 2014 01:38am EDT 

Coal India Ltd:Appoints M/s Chaturvedi & Co., Chartered Accountants, Bentinck Street, Kolkata - 700 069 as Statutory Auditor of the company for the year 2014-15 vice De Chakraborty & Sen, Chartered Accountants, Kolkata.  Full Article

Coal India Ltd joint venture announces acquisition of 2.6 bln tonnes coal resource in Mozambique
Wednesday, 30 Jul 2014 04:14am EDT 

Coal India Ltd:Says International Coal Ventures Pvt. Limited, a joint venture Company of Steel Authority of India Limited, Coal India Limited, Rashtriya Ispat Nigam Limited, NMDC Ltd. and NTPC Ltd signs an agreement for acquisition of 2.6 bln tonnes coal resource in Mozambique with Rio Tinto Plc., UK.  Full Article

Coal India Ltd announces changes of chairman-cum-managing director
Friday, 27 Jun 2014 06:38am EDT 

Coal India Ltd:Says S. Narsing Rao has submitted his resignation as chairman-cum-managing director and his resignation was accepted by the competent authority with effect from June 26.Also says A. K. Dubey, Addl. Secretary, MoC the additional charge of chairman-cum-managing director for a period of three months or until further orders.He has taken over the charge of chairman-cum-managing director of CIL on June 26.  Full Article

Coal India Ltd announces strike notice from CMOAI
Friday, 28 Feb 2014 06:03am EST 

Coal India Ltd:Says Coal Mines officers' Association of India (CMOAI) has served strike a notice for three days with effect from March 13 to 15 against non-finalization of PRP (Performance Related Pay), New Pension Scheme and other Demands.  Full Article

Coal India Ltd declares interim dividend
Tuesday, 14 Jan 2014 06:05am EST 

Coal India Ltd:Says the Board of Directors of the company at its meeting held on Jan. 14, have approved payment of interim dividend for the financial year 2013-14 at 29 Indian Rupees per share of the face value of 10 Indian Rupees as recommended by the Audit Committee of the company.  Full Article

Coal India Ltd fixes record date for interim dividend
Wednesday, 8 Jan 2014 02:44am EST 

Coal India Ltd:Says it has fixed Jan. 20 as the record date for the purpose of payment of interim divided on equity shares for the financial year 2012-13, if declared by the Board.  Full Article

Competition regulator imposes $290 mln fine on Coal India Ltd - Reuters
Tuesday, 10 Dec 2013 08:21am EST 

Coal India Ltd:India's competition regulator has imposed a fine of 17.7 billion rupees ($290 million) on Coal India Ltd for abusing its dominant position and imposing unfair conditions in fuel supply agreements with customers - Reuters.The Competition Commission of India (CCI) on Dec. 10 issued a "cease and desist order" to the state miner and directed it to modify clauses in its fuel supply contracts related to sampling and testing, transportation charges, and compensation on supply of stones.  Full Article

Coal India workers threaten 5-day strike, stokes output worries

NEW DELHI, Dec 18 - The labour unions of state-run Coal India Ltd have threatened to go on a five-day strike beginning Jan. 6 to protest government plans to sell off a stake and end the company's monopoly in mining and distribution, officials said.

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