Coal India not likely to hike prices after wage increase
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Last Updated: Wed, Jan 18, 2012 14:50 hrs
State-run Coal India, the world's largest coal miner, is not expected to raise prices after it finalises a wage increase agreement with its workers later this month, coal minister Sriprakash Jaiswal said on Wednesday.
Coal India last week said it will sign a five-year agreement with workers' unions to increase wages by 25 percent, adding about 40 billion rupees to its annual wage bill.
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