Shipments dropped 20 per cent to 35.18 million tons, the lowest in five years
Officials at Coal India said that around 30 per cent attendance was registered in the first shift which mainly comprised of executives and officers
Coal India is likely to lose around 1.5 million tonne of production due to the stir
Production of CIL is likely to take a hit on Tuesday as workmen unions have decided to go on a one-day strike to protest against the Centre's decision to allow 100% FDI in coal mining
The PSU stocks, though, could see risk due to greater disinvestment for fiscal 2020, global financial firmBank of America Merrill Lynch said
The world's largest coal miner expects roles of executives becoming important with more modern, automated and environment-friendly mining activities
Govt-owned power generator saw its average nominal tariff rise marginally from Rs 3.30 to Rs 3.38 a unit between 2013-14 and 2018-19 even as Coal India post-tax coal prices rose at a 4.1% CAGR
BSNL has moved to impose a penalty recoverable from staff salary in proportion to non-achievement of targets
Coal India also said the deficit may widen to 262.4 million tonne in the current financial year, if the Centre brings in more schemes
A day's strike can affect Coal India's production in the range of 1.5-2.5 million tonne
Major central trade unions, including INTUC, AITUC, CITU, HMS and AICCTU, are supporting the strike
Among its constituents Coal India rose 7.3 per cent, ONGC 5.3 per cent, BPCL 4.5 per cent, and Nalco and Indian Oil by above 3 per cent each
Metal stocks gained after China said it will hold trade talks with the United States in early October, raising hopes they can de-escalate their trade war.
Lead time for mine development, challenges in commercial mining are issues NTPC and private miners will have to overcome
Company officials are of the view that with these two developments, its largest consumer, NTPC may develop its own coal mining capabilities which in turn will result in reduced demand from it
Investment bankers said the falling share price of PSUs would mean that the government would not only miss the disinvestment target but also not get good valuation
Coal washing improves the quality by reducing the ash content to 33 per cent from the earlier 40-45 in average coal in India
Agencies like SCCLCIL try to lure the potential job seekers with job offers
Further fresh auction of coal mines to private players can also lead to higher competition for Coal India
Despite flat sales volume, higher prices drove the company's sales revenue to rise by 3.64 per cent to Rs 23,223 crore