CIL board to consider dividend payout next month

State-run Coal India today said its board will next month consider payment of interim dividend for the ongoing fiscal.
"A meeting of board of directors of the company will be held on March 6 inter alia to consider payment of interim dividend, if any, for the year 2016-17," CIL said in a filing to BSE.
The company has fixed March 15 as the record date for the purpose of payment of interim dividend on equity shares for the fiscal FY'17, if declared by the board.
Coal India accounts for over 80 per cent of the domestic coal production.
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HSIL launches new range of air coolers

* Sanitaryware maker Hindustan Sanitaryware and Industries (HSIL) has launched a new range of air coolers with changeable colorful front panels under brand Hindware Snowcrest.
The company, which had done a soft launch of air coolers in March 2016, got encouraging results and has now launched a new range of desert, personal and window categories available in 14 models, it said in a statement.
Its range starts from Rs 8,990 and goes up to Rs 17,990.
Commenting on the development HSIL VCMD Sandip Somany said: "With an aim to grow consumer business manifolds and to be a leader in the category, we will continue offering top-of-the-line products to our consumers.