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Output increase only way for CIL to maintain profitability
A day after the Prime Minister’s Office (PMO) tightened the noose around Coal India (CIL), asking it to meet full supply commitments made to power sector companies, experts say the company is left with no option but to ramp up production or face penalties. Since it is difficult to increase production immediately, Coal India will have to resort to imports. Acting chairman Zohra Chatterjee, also

Inflation falls two-yr low at 6.55 pc
New Delhi, Feb 14 (IBNS) India's annual rate of inflation for the month of January this year dropped at 6.55 per cent, the lowest in the past over 25 months.

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Amara Raja revenue grows 44%
Mumbai, Feb 14 (IBNS) Industrial and Automotive Battery major Amara Raja Batteries Limited has reported Net Sales of Rs. 6122 million in Q3FY12 against Rs.4250 million in Q3FY11, a growth of 44%.

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Inflation closer to 6% by March end: Pranab
New Delhi, Feb 14 (IBNS) Union Finance Minister Pranab Mukherjee on Tuesday said that he is now confident that moderation in inflation would continue in the coming months, though softening in the prices of manufactured goods despite the rapid decline in non-food primary inflation, may be more gradual.

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CIL net profit rises 54%

State-run Coal India Ltd (CIL) has posted a 54 per cent rise in net profit to Rs 4,038 crore for the third quarter of the current financial year ended on December 31, against Rs 2,626 crore for the

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RPower net profit up 42%

Anil Ambani group company Reliance Power on Monday reported 42 per cent increase in consolidated net profit at Rs 204 crore for the quarter ended December 31. It had reported a consolidated net

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