The board will meet on March 06, 2017, to consider payment of interim dividend for the year 2016-17.
State behemoth's hegemony is unlikely to reduce significantly for quite a while
However, the company's total income rose to Rs 21,531.2 crore in the quarter
After last revision in 2011, company's annual salary bill was raised by Rs 5,000 cr
The company is targeting to put on block at least 235 mt of coal in three years to increase revenue
By backing hockey tournament for first time, it closed a key gap in its sports promotion policy
According to official data, coal dispatches to the power sector in the previous FY were 299.1 mt
Rise of 141% in international prices helped Coal India raise the rates of coking coal
Workers, mines safety director-general question lapses
CIL's output in April-December of this fiscal stood at 377.7 MT, lower than the target of 417.5 MT
CIL accounts for over 80 per cent of the domestic coal production
Co's average price realisation declines in 2016; 2-3 quarters may not see improvement
Average price is likely to remain muted in the coming 2-3 quarters
Weak demand and realisations impacted the performance in Q2 but prices and volumes are rising again
The stock dipped 3.6% to Rs 295 on the BSE in early morning trade.
CIL, through its subsidiary Western Coalfields, is eyeing to open one mine every month with a total production capacity of around 30 million tonnes per annum
World's largest coal miner had set a target of 360.84 MT during the April-November period of 2016-17 financial year
Coal India is offering discounts of 35 per cent for lower grades and 20 per cent for middle grades to power plants
Plans to put up more coal for e-auctions
The coal ministry had earlier announced that it had advanced the date for going totally digital from Nov 1 to Oct 16