News: Coal India Ltd (COAL.BO)
5 Dec 2013
Tue, Dec 3 2013
BHUBANESWAR/NEW DELHI, India, Dec 3 - Coal India Ltd said it would resume full production on Wednesday from a major coal field that was closed on Friday due to a labour protest, cutting off a supply of about 200,000 tonnes a day to power producers and others.
MUMBAI/NEW DELHI, Nov 13 - Coal India, the world's largest coal miner by output, posted its second straight decline in quarterly profit, hurt by lower selling prices and higher wage and diesel costs.
MUMBAI, Sept 21 - Trade unions at Coal India Ltd have put off a three-day workers strike from Sept. 23 to December, after a meeting with company officials, a company director said on Saturday.
KOLKATA, Sept 18 - Officials at Coal India Ltd , the world's largest coal miner, will meet leaders of its five trade unions on Sept. 20 to try and avert a three-day workers strike from Sept. 23, a company director said on Wednesday.
NEW DELHI - Scrambling for remedies as investors' faith in India sagged, the government said last week it fast-tracked approval for a slew of infrastructure projects worth $28 billion: but the stroke of a pen in New Delhi will not be enough.
Aug 29 - The following bids, mergers, acquisitions and disposals were reported by 8.00 p.m. GMT on Thursday:
Aug 29 - India has selected seven banks including Goldman Sachs and Deutsche Bank to manage a five percent government stake divestment in state miner Coal India Ltd, two sources with direct knowledge of the situation said.
NEW DELHI, Aug 13 - India's state utility NTPC has issued seven tenders to buy a total 5 million tonnes of imported thermal coal, a company official said. The imports will bridge a shortfall in local supplies that it expects in the year to March 2014.
MUMBAI, Aug 3 - Coal India, the world's largest coal miner by output, posted its first quarterly profit decline in five quarters, because of lower sales price and higher fuel and wage costs.
NEW DELHI, July 16 - Miner Coal India Ltd will on Wednesday sign new supply agreements with NTPC Ltd, its top customer and the country's largest power producer, officials at the two companies said, ending months of disputes over fuel quality and payments.