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Govt. retains Rs 14,500 crore from Bharat-22 ETF subscriptions

The government has decided to retain Rs14,500 crore from the Rs 32,000 crore bids for the Bharat 22 exchange traded fund (ETF) comprising 22...

Bharat-22 ETF NFO to open on Tuesday

The 'Bharat-22' Exchange Traded Fund's (ETF) NFO will be thrown open to anchor investors on November 14, 2017, while subscription for retail investors may...

Mishra may get additional charge of Dir (HR), CIL?

It is reliably learnt that the Appointment Committee of the Cabinet has approved the proposal to give the additional charge of Director (Personnel) of...

Will Gopal Singh be next CMD, Coal India?

Gopal Singh (CMD, CCL) is said to be ahead in the race among all 07 shortlisted candidates who will try their luck on June...

‘Coal-week’ for PESB

It would be a ‘Coal Week’ for the public sector headhunter next week. Ever since it started (Feb last week) scheduling the selection interviews...

CCI slaps penalty on Coal India

  The fair trade regulator Competition Commission of India has levied a penalty of Rs 591.01 crore on Coal India. In its order, the CCI noted...

Countdown starts for Coal India CMD post

The PESB on 09 March 2017 advertised the post of CMD, Coal India Limited - a post which is scheduled to fall vacant on...

Coal India CMD post and Singareni connection

  The competition for Coal India's CMD post has begun in right earnest. Interestingly, the current CMD Sutirtha Bhattacharya (IAS:1985: AP), who is set to...

Coal Ministry against draft NEP

  The Ministry of Coal is said to have cast doubts over the draft National Energy Policy, which favours aligning domestic coal prices with international...

CIL working out plan for import replacement

Coal India is working out a plan to substitute imports in the power sector to survive the slowdown in sales that remained flat in...

Coal India identifies 445 mines for closure

Coal India has identified 476 mines for closure and mine closure plans have been prepared and approved for 445 mines till July 31, Piyush...

CIL on recruitment drive

Coal India has decided to hire 4,500 fresh graduates from IITs and NITs to the management cadre in the next three years beginning next...

NTPC to do away with coal import

NTPC, India's largest power generator and coal consumer, may not import any coal this year for the second year running. It plans to source...

CIL hits 99% of production target for June

Coal India has achieved a production of 42.72 million tonnes in June against the target of 43.31 mt for the month. The broader goal...

CIL to auction coal linkages for cement industry

Coal India Ltd will put on offer 2.15 million tonne per annum of coal linkages for cement sector from June 28. Auctions for this...

CIL’s subsidiary SECL to buy back shares

As reported first by Indianmandarins, Coal India announced on Tuesday that its subsidiary South Eastern Coalfields Ltd will buy back shares worth Rs 1,200.19...

Coal India executes first coal-linkage auction

In the first ever electronic auction of coal linkages held on Friday, Coal India received bids worth ₹28.39 crore per annum for a yearly...

COMPAT sets aside CCI fine on Coal India

The Competition Appellate Tribunal (COMPAT) has set aside the Competition Commission of India’s (CCI) order of imposing a ₹1,773-crore fine on Coal India. After complaints...

BMS tries to spoil CIL’s investments into high-tech

As Coal India plans to ramp up production with heavy investment in hi-tech machines, one of its trade unions has strongly denounced the move...