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CIL may not hike prices after wage increase

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Reuters New Delhi
Last Updated : Feb 02 2013 | 11:05 AM IST

State-run Coal India, the world's largest coal miner, is not expected to raise prices after it finalises a wage increase agreement with its workers later this month, coal minister Sriprakash Jaiswal said on Wednesday.

Coal India last week said it will sign a five-year agreement with workers' unions to increase wages by 25%, adding about Rs 4,000 crore to its annual wage bill.

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First Published: Jan 18 2012 | 12:00 AM IST

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