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Coal India dips on CAG findings

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is trading lower by 1.2% at Rs 329 after the (CAG) said the company had overstated its manpower productivity.

The report mentioned that the company overstated its for five years between April 2006 and March 2011, according to the leaked draft report CAG on the allocation of blocks and augmentation of production by the company.

The share opened at Rs 331 and touched the low of Rs 328 in th opening deals. As many as 23,000 shares have changed hands on the Bombay Stock Exchange compared to its two-week average of 10,31,000 shhares.

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Credit ratings fell the most in three years: CRISIL

According to CRISIL, the Indian arm of Standard & Poor which rates over 9,000 issuers in India, credit ratings have fallen the most in three ...

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