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Coal India Ltd News
Coal India Q4 net hit by higher wages Hit by higher wage expenses, state-owned coal producer Coal India Ltd (CIL) posted a 4.92 per cent decline in consolidated net profit to Rs 4,013 crore for the quarter ended March 31, compared with Rs 4,221 crore a year ago. Net sales for the period, however, rose 29.42 per cent to Rs 19,419 crore over Rs 15,005 crore reported in the year-ago period. “The wage was finalised in the first week
Coal India's Q4 profit dips 5 percent
Maharatna public sector coal mining giant Coal India Ltd's (CIL) 2011-12 Q4 fiscal net profit dipped by 5 percent to Rs.4,013 crore due to wage revisions but annual profit for the year grew by 36.08 percent to reach Rs.14,788.20 crore.
Odisha slaps Rs 1306 cr fine on MCL for illegal coal mining
The state government has asked the Mahanadi Coalfield Ltd (MCL), a subsidiary of Coal India Ltd (CIL), to pay a fine of Rs 1,306 crore for mining coal without environment clearance in the Ib valley
Odisha slaps Rs 1,306-cr fine on Mahanadi Coalfields
The state government has asked the Mahanadi Coalfields Ltd (MCL), a subsidiary of Coal India Ltd, to pay a fine of Rs 1,306 crore for mining coal without environment clearance in the Ib valley area.
TCI drops charges against green ministry
UK-based hedge fund The Children’s Investment Fund (TCI) has dropped the charges against the environment and forests ministry from its legal proceedings under the India-Cyprus investment treaty.
State seeks MCL aid to develop infrastructure in coalfields
With a host of virgin coal blocks allocated to state PSUs and private entities in Odisha, the state government has sought the participation of Mahanadi Coalfields Ltd (MCL) for preparation of Coal India Ltd Galleries
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