Coal India Ltd (COAL.BO)
19 Dec 2014
|Market Cap (Mil.):||Rs2,374,953.00|
|Shares Outstanding (Mil.):||6,316.36|
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.
NEW DELHI, Nov 20 - A rift between the five powerful labour unions at Coal India Ltd is set to clear the way for Prime Minister Narendra Modi's government to complete a stake sale in the state company that is critical to hitting budget targets.
MUMBAI, Oct 27 - India's antitrust regulator ordered Coal India Ltd to change the way it supplies coal through certain online auctions, ruling that the current methods were abusing the company's dominant position.
NEW DELHI/MUMBAI - A court ruling this week that India's decades-old method of granting coal mining concessions is illegal could herald much-needed reforms in a sector long dogged by the inability of state-run Coal India to raise output fast enough.
NEW DELHI, Aug 14 - India plans to sell a 10 percent stake in state-owned Coal India Ltd, Power and Coal Minister Piyush Goyal said on Thursday. This will make it one of the many divestments proposed by the new government to bolster its stressed finances.
NEW DELHI, Aug 7 - India's coal ministry said it was studying the recommendations of consultants Deloitte on restructuring options for Coal India, the state behemoth that has failed to meet its output target for years despite having access to large reserves.
(Corrects transportation cost in penultimate paragraph to $60/T, not $60 mln)
NEW DELHI, July 31 - An Indian group that has agreed to buy Rio Tinto's Benga mine in Mozambique plans to nearly triple production from there to up to 13 million tonnes per year in three years, the group's chairman told Reuters on Thursday.
NEW DELHI, July 31 - India has identified a few of Coal India's mining projects that could be operated by foreign firms, the coal and power minister said, a step aimed at raising supply from a monopoly that has failed to meet its output target for years.
* Modi government exploring Coal India break up and opening up sector-sources
Earnings vs. Estimates
Analyst Research Reports
Provider: Thomson Reuters Stock Report
Coal India Ltd: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
Provider: Motilal Oswal Securities Ltd.
Provider: Axis Capital Limited
Coal India Ltd.|Q2FY15 Result Update | Below our expectation, Maintain HOLD with target price of Rs. 422
Provider: IndiaNivesh Securities Pvt Ltd
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