Page 28 - Coal India

Coal India pre-tax profit falls 5% in Q2 to Rs 4,060 crore

Revenue from operations up 3.78% year-on-year; board approves interim dividend

Centre to receive Rs 3,056 crore dividend from Coal India: Official

The total interim dividend outgo for Coal India will be Rs 4,622 crore after the company's board approved it

Coal India Q2 profit falls 16% to Rs 2,948 crore due to higher expenses

Expenses during the quarter increased to Rs 18,177.82 crore, over Rs 17,734.44 crore

Bull run continues; Sensex up 316 pts to end at 43,594, Nifty nears 12,750

All that happened in the markets today.

Outstanding dues from power cos pose challenge: Coal India report

The cash flow problem arising out of the outstanding dues from state-owned power generation companies poses a challenge to Coal India Ltd as its management is deliberating on an interim dividend

Coal India sees a 3x surge in October e-auction volumes at 17 mn tonnes

The company said the spike is due to increased demand from the power sector and several unstructured coal buyers

NTPC to buy back shares worth Rs 2,275 cr as part of restructuring plan

Gets board nod to buy back up to 197.8 mn quity shares; thermal power giant registers 4.8% growth in profit in Q2

No longer tax-efficient: Cash-starved Coal India may give buyback a miss

Most of the subsidiaries of CIL are facing a cash crunch because of slow growth in coal demand, coupled with record high outstanding payment from power generating companies

Coal India production rises by 18% to 47 million tonnes in October

State-owned CIL on Sunday said that it produced 46.8 million tonnes (MT) of coal last month, registering a growth of 18.4 per cent.

Coal India revisiting SOPs, rule books amid changing times: CMD

All standard operating procedures, manuals and rule books of state-owned Coal India are being revisited to make them more effective and conducive to meet the challenges thrown by the changing times

Coal imports rise 12% to 19 MT in September on improved consumption

Of total imports in September, non-coking coal's shipment was 11.97 MT as against 11.81 MT in the year-ago period

Coal India's fuel allocation for non-power sector rises almost 6-fold in H1

State-owned Coal India Ltd's fuel allocation under the exclusive e-auction scheme for the non-power sector rose almost six-folds to 13.44 million tonnes (MT) in April-September this fiscal.

Neutralising negative growth, Coal India poised for output ramp-up

State-owned Coal India Ltd (CIL) for the first time in the current fiscal on October 20 neutralised the negative growth in coal production for the year

Modi govt to ask Coal India, NTPC among others for cash via buybacks

Coal India Ltd., NTPC Ltd., NMDC Ltd., MOIL Ltd., KIOCL Ltd, and Engineers India Ltd. are among the eight companies that might be asked to buy back shares this year

Coal India subsidiaries to have autonomy in base e-auction price from Nov

Coal India subsidiaries will have autonomy in fixing the base price for e-auction coal from November depending on demand, sources said on Monday.

CIL coal supply to power sector drops 10% in 1st half of FY21 to 198 MT

The government had imposed nationwide lockdown on March 25 to contain the spread of COVID-19. Power consumption started declining from March onwards due to fewer economic activities in the country

Centre asks at least eight state-run companies to consider buybacks: Report

"Buyback is an important tool in our strategy and it helps in building market price," the second source, who also spoke on condition of anonymity, said

Coal India announces Rs 1,700 cr performance-linked reward to employees

This is linked to the attendance of the employees during the period, Coal India (CIL) said in statement.

Health Minister lauds CIL's initiative in treatment of Thalassemia patients

Union Health Minister Harsh Vardhan lauded state-owned CIL for its initiative to treat underprivileged thalassemia patients below 12 years through bone marrow transplant, the coal behemoth said

Vardhan launches 2nd phase of CSR initiative for thalassemic patients

Union Health Minister Harsh Vardhan on Wednesday launched the second phase of a Coal India CSR initiative to provide financial assistance for treatment of underprivileged thalassemic patients. Launched in 2017, the Thalassemia Bal Sewa Yojana is a hematopoietic stem cell transplantation (HSCT) programme that aims to provide a one-time cure opportunity for haemoglobinopathies like thalassaemia and sickle cell disease for patients who have a matched family donor. The CSR initiative was targeted to provide financial assistance to a total of 200 patients by providing a package cost not exceeding Rs 10 lakh per HSCT. Vardhan congratulated the doctors of SGPGI Lucknow, PGI Chandigarh, AIIMS Delhi, CMC Vellore, Tata Medical Centre in Kolkata and Rajeev Gandhi Cancer Institute, Delhi for the successful transplantation of 135 children without charging any physician fee, according to a Health Ministry statement. "Data on the prevalence of silent carriers for various haemoglobinopathies show