Coal India Ltd (COAL.BO)
25 Jul 2014
|Market Cap (Mil.):||Rs2,433,380.00|
|Shares Outstanding (Mil.):||6,316.36|
* Modi government exploring Coal India break up and opening up sector-sources
(Adds Allergan, Fox, Forbes, Catalunya Banc, Encana, Daniel Loeb, Chi, Coal India)
NEW DELHI, July 18 - Unions representing workers at Coal India Ltd, the world's largest coal miner, will oppose any move to sell a stake in the state-owned company as part of the new government's plan to shore up its finances, a union leader said on Friday.
BHUBANESWAR, India, July 11 - Mahanadi Coalfields, a unit of Coal India Ltd, has stopped operations at three mines in the eastern state of Odisha following protests by locals over company plans to relocate them to make way for planned mine expansion.
NEW DELHI, July 9 - India needs to restructure state behemoth Coal India Ltd quickly to raise output to feed fuel-starved power plants, the finance ministry said in a report, as the country grapples with rising imports amid a push for electricity to all.
* Coal India fails to meet output target, Singareni beats often
NEW DELHI/MUMBAI - Coal India Ltd shares jumped to a near three-year high on Thursday after Reuters reported that prime minister-designate Narendra Modi was exploring an overhaul of the state behemoth, a step that an investor said would unlock more value in the firm.
* Coal India investor says reforms imminent (Adds shareholder comments, details)
* India No.3 importer despite having 5th-largest reserves
MUMBAI, May 16 - Shares in India's unloved state firms are soaring on hopes Narendra Modi, the country's next prime minister, will push reforms to inject efficiency into underperforming giants like Coal India.
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Coal India Ltd: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
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